About Coral Laboratories Limited
Data last updated: 23 December 2025
Coral Laboratories Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in drug formulation and development, a part of the broader pharmaceuticals sector. Incorporated on 06 February 1997, the company has been in operation for over 29 years.
Registered with ROC Mumbai under CIN L24231MH1997PLC422233. Listed on BSE: 524506.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.57 Cr. Formerly known as Coral Laboratories Private Limited. It is led by directors including Sushma Shashi Kadkade and Malay Sureshkumar Doshi.
Last AGM: 26 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹90.29 Cr, a growth of 6% compared to the previous year.
The company has a workforce of approximately 103 employees as per the latest available data.
The company is associated with 1 brand - Coral Laboratories. As per MCA filings, the company has open charges of ₹31.05 Cr and satisfied charges of ₹1.97 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website corallab.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered AddressShed No. 3B Patanwala Compound, Opp Shreyas Lbs Marg Ghatkopar (West), Mumbai, Maharashtra, India – 400086
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IndustryPharma, Drug Formulation & Development
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Coral Laboratories Limited
Coral Laboratories Limited has one previous CIN (Corporate Identification Number): L24231GJ1997PLC031669. The current CIN is L24231MH1997PLC422233, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24231MH1997PLC422233 | Current |
| L24231GJ1997PLC031669 | Previous |
Associated Brands with Coral Laboratories Limited
Coral Laboratories Limited operates one associated brand: Coral Laboratories. These brands represent Coral Laboratories Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of generic drugs | corallab.com |
Auditor Details of Coral Laboratories Limited
Coral Laboratories Limited is audited by S C Mehra & Associates LLP (ICAI peer reviewed, certificate valid till 2027-03-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| S C Mehra & Associates LLP (ICAI peer reviewed, certificate valid till 2027-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Coral Laboratories Limited
Coral Laboratories Limited is currently managed by 7 directors, with 20 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushma Shashi Kadkade | Nodal Officer | 08 Jan 2024 | 2 Years 6 Months | Current |
| Malay Sureshkumar Doshi | Director | 27 May 2021 | 5 Years 1 Months | Current |
| Saurabh Kamlesh Shah | Director | 28 May 2019 | 7 Years 1 Months | Current |
| Rajendrasinh Ajitsinh Rana | Director | 03 Sep 2021 | 4 Years 10 Months | Current |
| Girish Madanlal Dhameja | Whole-Time Director | 26 May 2017 | 9 Years 1 Months | Current |
| Pooja Sanjiv Hindia | Director | 09 Aug 2024 | 1 Years 11 Months | Current |
Financials of Coral Laboratories Limited FY 2026 filings available
Coral Laboratories Limited reported revenue of ₹85.9 Cr (down 25.31% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹85.9 Cr | ₹115.01 Cr | ₹83.66 Cr | ₹78.12 Cr | ₹75.61 Cr | ₹96.57 Cr | ₹70.58 Cr | ₹91.08 Cr |
| Other Income | ₹9.9 Cr | ₹9.11 Cr | ₹6.63 Cr | ₹6.9 Cr | ₹4.81 Cr | ₹3.77 Cr | ₹5.89 Cr | ₹5.16 Cr |
| Total Income | ₹95.8 Cr | ₹124.11 Cr | ₹90.29 Cr | ₹85.01 Cr | ₹80.42 Cr | ₹100.34 Cr | ₹76.47 Cr | ₹96.24 Cr |
| Cost of Materials Consumed | ₹39.87 Cr | ₹48.14 Cr | ₹39.68 Cr | ₹41.4 Cr | ₹38.35 Cr | ₹48.97 Cr | ₹38.68 Cr | ₹49.23 Cr |
| Purchases of Stock-in-Trade | ₹2.64 Cr | ₹1.56 Cr | ₹69.52 Lakh | ₹70.64 Lakh | ₹66.08 Lakh | ₹1.15 Cr | ₹4.28 Cr | ₹1.54 Cr |
| Changes in Inventories | -₹6.97 Cr | ₹3.32 Cr | -₹3.13 Cr | ₹3.64 Cr | ₹71.21 Lakh | -₹5.05 Lakh | -₹2.94 Cr | ₹65,000 |
| Employee Benefit Expense | ₹15.92 Cr | ₹14.74 Cr | ₹11.2 Cr | ₹11.13 Cr | ₹11.23 Cr | ₹10.18 Cr | ₹9.7 Cr | ₹9.84 Cr |
| Finance Costs | ₹17.14 Lakh | ₹9.76 Lakh | ₹2,000 | ₹33.85 Lakh | ₹14.11 Lakh | ₹4.25 Lakh | ₹5.81 Lakh | ₹2.3 Lakh |
| Depreciation & Amortisation | ₹2.14 Cr | ₹2.01 Cr | ₹1.98 Cr | ₹2.18 Cr | ₹1.99 Cr | ₹1.98 Cr | ₹2.01 Cr | ₹1.9 Cr |
| Other Expenses | ₹19.24 Cr | ₹21.01 Cr | ₹18.98 Cr | ₹17.43 Cr | ₹16.45 Cr | ₹20.47 Cr | ₹15.56 Cr | ₹18.2 Cr |
| Total Expenses | ₹72.99 Cr | ₹90.87 Cr | ₹69.4 Cr | ₹76.83 Cr | ₹69.53 Cr | ₹82.74 Cr | ₹67.35 Cr | ₹80.73 Cr |
| Profit Before Exceptional Items & Tax | ₹22.8 Cr | ₹33.24 Cr | ₹20.9 Cr | ₹8.19 Cr | ₹10.9 Cr | ₹17.59 Cr | ₹9.12 Cr | ₹15.51 Cr |
| Exceptional Items | ₹31.25 Lakh | -₹76.96 Lakh | -₹16.35 Lakh | ₹3.81 Lakh | ₹95.94 Lakh | ₹1.87 Lakh | ₹0 | ₹0 |
| Profit Before Tax | ₹23.11 Cr | ₹32.47 Cr | ₹20.73 Cr | ₹8.23 Cr | ₹11.86 Cr | ₹17.61 Cr | ₹9.12 Cr | ₹15.51 Cr |
| Total Tax Expense | ₹6.73 Cr | ₹8.31 Cr | ₹4.94 Cr | ₹1.78 Cr | ₹2.81 Cr | ₹4.06 Cr | ₹1.99 Cr | ₹5.29 Cr |
| Net Profit | ₹16.38 Cr | ₹24.16 Cr | ₹15.79 Cr | ₹6.45 Cr | ₹9.05 Cr | ₹13.55 Cr | ₹7.13 Cr | ₹10.22 Cr |
| Other Comprehensive Income | -₹7.94 Cr | ₹26.81 Lakh | ₹6.91 Cr | -₹7.7 Cr | ₹10.36 Cr | ₹7.42 Cr | -₹4.37 Cr | -₹11.92 Cr |
| Total Comprehensive Income | ₹8.44 Cr | ₹24.42 Cr | ₹22.7 Cr | -₹1.26 Cr | ₹19.41 Cr | ₹20.97 Cr | ₹2.76 Cr | -₹1.71 Cr |
| EBITDA (computed) | ₹25.11 Cr | ₹35.35 Cr | ₹22.87 Cr | ₹10.71 Cr | ₹13.03 Cr | ₹19.62 Cr | ₹11.18 Cr | ₹17.43 Cr |
| Basic EPS | ₹45.85 | ₹67.61 | ₹44.19 | ₹18.04 | ₹25.32 | ₹37.94 | ₹19.96 | ₹8.75 |
| Diluted EPS | ₹45.85 | ₹67.61 | ₹44.19 | ₹18.04 | ₹0.00 | ₹0.00 | ₹19.96 | ₹8.75 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹240.66 Cr | ₹229.46 Cr | ₹205.68 Cr | ₹174.35 Cr | ₹189.9 Cr | ₹167.54 Cr | ₹144.29 Cr | ₹135.77 Cr |
| Non-current Assets | ₹63.7 Cr | ₹52.92 Cr | ₹51.83 Cr | ₹50.81 Cr | ₹59.09 Cr | ₹56.7 Cr | ₹48.45 Cr | ₹52.14 Cr |
| Current Assets | ₹176.97 Cr | ₹176.55 Cr | ₹153.85 Cr | ₹123.54 Cr | ₹130.8 Cr | ₹110.84 Cr | ₹95.83 Cr | ₹83.63 Cr |
| Property, Plant & Equipment | ₹43.17 Cr | ₹21.74 Cr | ₹23.27 Cr | ₹24.28 Cr | ₹22.77 Cr | ₹20.41 Cr | ₹21.49 Cr | ₹22.11 Cr |
| Inventories | ₹20.53 Cr | ₹9.87 Cr | ₹15.16 Cr | ₹12.5 Cr | ₹18.36 Cr | ₹21.67 Cr | ₹19.3 Cr | ₹16.17 Cr |
| Trade Receivables | ₹29.43 Cr | ₹33.64 Cr | ₹28.19 Cr | ₹23.42 Cr | ₹38.11 Cr | ₹39.16 Cr | ₹34.41 Cr | ₹30.32 Cr |
| Cash & Equivalents | ₹1.37 Cr | ₹3.41 Cr | ₹2.07 Cr | ₹6.13 Cr | ₹2.51 Cr | ₹2.32 Cr | ₹1.11 Cr | ₹2.97 Cr |
| Equity (Net Worth) | ₹209.11 Cr | ₹201.21 Cr | ₹177.5 Cr | ₹154.8 Cr | ₹156.05 Cr | ₹136.64 Cr | ₹115.67 Cr | ₹113.77 Cr |
| Equity Share Capital | ₹3.57 Cr | ₹3.57 Cr | ₹3.57 Cr | ₹3.57 Cr | ₹3.57 Cr | ₹3.57 Cr | ₹3.57 Cr | ₹3.57 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹4.33 Cr | ₹3.56 Cr | ₹0 | ₹0 | ₹6.04 Cr | ₹6.25 Cr | ₹5.91 Cr | ₹1.44 Cr |
| Total Debt (computed) | ₹4.33 Cr | ₹3.56 Cr | ₹0 | ₹0 | ₹6.04 Cr | ₹6.25 Cr | ₹5.91 Cr | ₹1.44 Cr |
| Current Liabilities | ₹27.31 Cr | ₹24.96 Cr | ₹24.9 Cr | ₹11.86 Cr | ₹25.52 Cr | ₹27.79 Cr | ₹25.09 Cr | ₹18.02 Cr |
| Total Liabilities | ₹31.55 Cr | ₹28.26 Cr | ₹28.18 Cr | ₹19.55 Cr | ₹33.84 Cr | ₹30.9 Cr | ₹28.62 Cr | ₹22 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹15.62 Cr | -₹1.22 Cr | -₹5.46 Cr | ₹12.67 Cr | ₹6.08 Cr |
| Investing Cash Flow | -₹17.71 Cr | -₹15.19 Lakh | ₹1.4 Cr | -₹2.61 Cr | -₹6.05 Cr |
| Financing Cash Flow | ₹5.98 Lakh | ₹2.71 Cr | ₹66,000 | -₹6.43 Cr | ₹14.91 Lakh |
| Capital Expenditure | ₹21.09 Cr | ₹2.95 Cr | ₹99.1 Lakh | ₹1.95 Cr | ₹5.55 Cr |
| Free Cash Flow (computed) | -₹5.48 Cr | -₹4.17 Cr | -₹6.46 Cr | ₹10.72 Cr | ₹53.54 Lakh |
| Dividends Paid | ₹53.59 Lakh | ₹71.45 Lakh | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹2.03 Cr | ₹1.33 Cr | -₹4.06 Cr | ₹3.62 Cr | ₹18.15 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹26.48 Cr | ₹21.56 Cr | ₹19.03 Cr | ₹18.82 Cr | ₹28.13 Cr | ₹22.99 Cr | ₹32.23 Cr | ₹31.66 Cr |
| Other Income | ₹2.65 Cr | ₹2.49 Cr | ₹2.71 Cr | ₹2.05 Cr | ₹2.48 Cr | ₹2.52 Cr | ₹2.54 Cr | ₹1.56 Cr |
| Total Income | ₹29.13 Cr | ₹24.06 Cr | ₹21.74 Cr | ₹20.87 Cr | ₹30.62 Cr | ₹25.51 Cr | ₹34.77 Cr | ₹33.22 Cr |
| Cost of Materials Consumed | ₹11.3 Cr | ₹12.93 Cr | ₹7.31 Cr | ₹8.33 Cr | ₹11.39 Cr | ₹8.98 Cr | ₹15.97 Cr | ₹11.8 Cr |
| Purchases of Stock-in-Trade | ₹26.02 Lakh | ₹75.06 Lakh | ₹80.97 Lakh | ₹81.89 Lakh | ₹42.54 Lakh | ₹16.09 Lakh | ₹27.31 Lakh | ₹70.21 Lakh |
| Changes in Inventories | -₹99.3 Lakh | -₹5 Cr | -₹56.54 Lakh | -₹41.46 Lakh | ₹2.75 Cr | ₹32.3 Lakh | -₹68.8 Lakh | ₹92.62 Lakh |
| Employee Benefit Expense | ₹4.39 Cr | ₹4.4 Cr | ₹3.7 Cr | ₹3.42 Cr | ₹3.83 Cr | ₹3.38 Cr | ₹3.93 Cr | ₹3.59 Cr |
| Finance Costs | ₹1.01 Lakh | ₹8,000 | ₹10.27 Lakh | ₹5.79 Lakh | ₹3.86 Lakh | ₹1.93 Lakh | ₹1.13 Lakh | ₹2.84 Lakh |
| Depreciation & Amortisation | ₹54.17 Lakh | ₹68.69 Lakh | ₹45.22 Lakh | ₹45.32 Lakh | ₹50.61 Lakh | ₹50.15 Lakh | ₹50.9 Lakh | ₹49.39 Lakh |
| Other Expenses | ₹5.32 Cr | ₹6.59 Cr | ₹2.85 Cr | ₹4.48 Cr | ₹7.05 Cr | ₹3.82 Cr | ₹6.24 Cr | ₹3.9 Cr |
| Total Expenses | ₹20.83 Cr | ₹20.36 Cr | ₹14.65 Cr | ₹17.15 Cr | ₹25.99 Cr | ₹17.19 Cr | ₹26.24 Cr | ₹21.44 Cr |
| Profit Before Exceptional Items & Tax | ₹8.3 Cr | ₹3.7 Cr | ₹7.09 Cr | ₹3.72 Cr | ₹4.62 Cr | ₹8.31 Cr | ₹8.53 Cr | ₹11.77 Cr |
| Exceptional Items | -₹99,000 | ₹0 | ₹32.25 Lakh | ₹0 | -₹76.96 Lakh | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹8.29 Cr | ₹3.7 Cr | ₹7.42 Cr | ₹3.72 Cr | ₹3.85 Cr | ₹8.31 Cr | ₹8.53 Cr | ₹11.77 Cr |
| Total Tax Expense | ₹3.06 Cr | ₹92 Lakh | ₹1.6 Cr | ₹1.16 Cr | ₹1.02 Cr | ₹2.17 Cr | ₹2.15 Cr | ₹2.97 Cr |
| Net Profit | ₹5.22 Cr | ₹2.78 Cr | ₹5.82 Cr | ₹2.56 Cr | ₹2.83 Cr | ₹6.14 Cr | ₹6.38 Cr | ₹8.8 Cr |
| Other Comprehensive Income | -₹9.42 Cr | -₹2.02 Cr | -₹2.13 Cr | ₹5.63 Cr | -₹12.57 Cr | ₹1.25 Cr | ₹2.84 Cr | ₹8.74 Cr |
| Total Comprehensive Income | -₹4.2 Cr | ₹76.03 Lakh | ₹3.69 Cr | ₹8.2 Cr | -₹9.74 Cr | ₹7.4 Cr | ₹9.22 Cr | ₹17.54 Cr |
| EBITDA (computed) | ₹8.85 Cr | ₹4.38 Cr | ₹7.65 Cr | ₹4.23 Cr | ₹5.17 Cr | ₹8.84 Cr | ₹9.05 Cr | ₹12.3 Cr |
| Basic EPS | ₹14.62 | ₹7.77 | ₹16.29 | ₹7.18 | ₹7.91 | ₹17.20 | ₹17.86 | ₹24.64 |
| Diluted EPS | ₹14.62 | ₹7.77 | ₹16.29 | ₹7.18 | ₹7.91 | ₹17.20 | ₹17.86 | ₹24.64 |
Shareholding Pattern of Coral Laboratories Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 71.51%, retail and other public shareholders hold 28.49% of Coral Laboratories Limited. The company had 4,084 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 71.51% | 71.51% | 71.51% | 71.51% | 71.51% | 71.51% |
| Public | 28.49% | 28.49% | 28.49% | 28.49% | 28.49% | 28.49% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 71.51% | 71.51% | 71.51% |
| Public | 28.49% | 28.49% | 28.49% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Coral Laboratories Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jan 2019 | Hdfc Bank Limited | ₹23.35 Cr | Open |
| 28 Dec 2006 | Hdfc Bank Limited | ₹7.7 Cr | Open |
| 13 Jul 2000 | Bank of Baroda | ₹1.97 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Coral Laboratories Limited
Coral Laboratories Limited has a workforce of 103 employees as of Mar 29, 2025.
Employee Count & EPFO Data of Coral Laboratories Limited
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GST Compliance of Coral Laboratories Limited
GSTIN & GST Filing Data of Coral Laboratories Limited
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Credit Ratings, Litigation & Regulatory Alerts for Coral Laboratories Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Coral Laboratories Limited
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MSME Payment Delays by Coral Laboratories Limited
MSME Payment Delays by Coral Laboratories Limited
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Subsidiaries & Group Companies of Coral Laboratories Limited
Subsidiaries & Group Companies of Coral Laboratories Limited
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MCA Filings & Documents of Coral Laboratories Limited
MCA Filings & Documents of Coral Laboratories Limited
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Recent Activity on Coral Laboratories Limited
Frequently Asked Questions about Coral Laboratories Limited
Coral Laboratories Limited is an active public limited company in the pharma sector based in Mumbai, Maharashtra, India. It was incorporated on 06 February 1997 (29+ years old) and is registered under CIN L24231MH1997PLC422233. Listed on BSE: 524506. The company has 103 employees.
Coral Laboratories Limited reported revenue of ₹90.29 Cr for FY 2024 (up 6.00% YoY).
The current directors of Coral Laboratories Limited are:
The primary industry of Coral Laboratories Limited is pharma. The company specifically operates in drug formulation and development. The company is currently active in this sector.
Yes. Coral Laboratories Limited is listed on BSE with code 524506.
Coral Laboratories Limited can be reached at the registered office: Shed No. 3B Patanwala Compound, Opp Shreyas Lbs Marg Ghatkopar West, Mumbai, Maharashtra, India – 400086, or through the website corallab.com.