Choudhari Drug Distributors Private Limited
About Choudhari Drug Distributors Private Limited
Data last updated:
Choudhari Drug Distributors Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 15 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24132KA2011PTC061675. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹9 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Rajendra Balusa Choudhari and Poonam Rajendra Choudhari.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at F – 02 Firstfloor Srilaxmisankul Cts – No1558/B2 C D E Marutigalli, Belgaum, Karnataka, India – 590008.
As per the financials filed for FY 2021, the company reported a revenue of ₹34.87 Lakh, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹61.99 Lakh (net margin -177.8%) and EBITDA of -₹41.57 Lakh (EBITDA margin -119.2%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 30% over five years.
As per MCA filings, the company has satisfied charges of ₹2 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Choudhari Drug Distributors Private Limited's registered office is in Belgaum, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF – 02 Firstfloor Srilaxmisankul Cts – No1558/B2 C D E Marutigalli, Belgaum, Karnataka, India – 590008
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Choudhari Drug Distributors Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Choudhari Drug Distributors is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Choudhari Drug Distributors Private Limited, buy the company report.
Financials of Choudhari Drug Distributors Private Limited
FY 2021 filings availableChoudhari Drug Distributors Private Limited reported revenue of ₹34.87 Lakh (down 66% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 66% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹34.87 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹41.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹61.99 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -119.2% | ||||
| Net Profit Margin | -177.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Choudhari Drug Distributors Private Limited, buy the company report.
Board of directors of Choudhari Drug Distributors Private Limited
Choudhari Drug Distributors has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Balusa Choudhari | Director | 15 Dec 2011 | 14 Years 10 Months | Current |
| Poonam Rajendra Choudhari | Director | 15 Dec 2011 | 14 Years 10 Months | Current |
Peer comparison
Choudhari Drug Distributors Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mountmerry Pro International Private Limited | ₹35.01 Lakh (FY 2025) | -53.0% | Jaipur, Rajasthan, India | |||
| Choudhari Drug Distributors Private Limitedthis company | ₹34.87 Lakh (FY 2021) | -₹61.99 Lakh | -177.8% | -66.0% | Belgaum, Karnataka, India | |
| Nelon Pharmaceuticals Private Limited | ₹34.66 Lakh (FY 2024) | Kurukshetra, Haryana, India | ||||
| Bangalore Pharma Formulations Private Limited | ₹34.59 Lakh (FY 2025) | -7.0% | Kannur, Kerala, India |
To see the full peer comparison of Choudhari Drug Distributors Private Limited, buy the company report.
Auditor
Choudhari Drug Distributors Private Limited is audited by MEHARWADE ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHARWADE ASSOCIATES | FY 2021 | 002045S |
Shareholding
The shareholding of Choudhari Drug Distributors Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Choudhari Drug Distributors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2017 | 100092688 | Others | ₹1.5 Cr | Satisfied | |
| 09 Jun 2012 | 10360132 | Cosmos Co-Operative Bank Ltd | ₹50 Lakh | Satisfied |
To see the full charge records of Choudhari Drug Distributors Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Choudhari Drug Distributors Private Limited has 5 court cases on record: 1 filed by Choudhari Drug Distributors, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Court case (R.A.) | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M S Indraprastha Pharmaceuticals | Disposed |
| District court, BELAGAVI, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Choudhari Drug Distributors Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Choudhari Drug Distributors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Choudhari Drug Distributors has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Choudhari Drug Distributors Private Limited, buy the company report.
Recent activity
Choudhari Drug Distributors Private Limited has 11 board changes on record since 2011: 2 appointments and 9 cessations. The latest: Ashok Yallappa Habib ceased to be Director on 01 Dec 2021.
7 earlier events are in the company report.
Frequently asked questions
Choudhari Drug Distributors is an active private limited company based in Belgaum, Karnataka, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 15 December 2011 (15+ years old) and is registered under CIN U24132KA2011PTC061675.
Choudhari Drug Distributors has 2 current directors:
- Rajendra Balusa Choudhari - Director
- Poonam Rajendra Choudhari - Director
The latest financial statements of Choudhari Drug Distributors on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Choudhari Drug Distributors has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Choudhari Drug Distributors is U24132KA2011PTC061675. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Choudhari Drug Distributors has 5 court cases on record: 1 filed by the company and 4 filed against it. Most are in the district courts.
Choudhari Drug Distributors was incorporated on 15 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Choudhari Drug Distributors by revenue are Mountmerry Pro International Private Limited, Nelon Pharmaceuticals Private Limited, Bangalore Pharma Formulations Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (wholesale trading).
Ashok Yallappa Habib ceased to be Director on 01 Dec 2021. Balusa Dattusa Choudhari ceased to be Director on 01 Dec 2021. Mahesh Balusa Choudhari ceased to be Director on 01 Dec 2021. Choudhari Drug Distributors has 11 board changes on record in total.
The registered office of Choudhari Drug Distributors is at F – 02 Firstfloor Srilaxmisankul Cts – No1558B2 C D E Marutigalli, Belgaum, Karnataka, India – 590008.
Choudhari Drug Distributors operates in the pharma industry, in the drug formulation and development segment.
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