MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-TS-02-0016424
Corey Organics Private Limited - pharma in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹126.33 Cr
▼ 6% YoY
Net profit · FY 2025
₹3.08 Cr
Net margin 2.4%
EBITDA · FY 2025
₹8.78 Cr
EBITDA margin 7%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹7.54 Cr
Issued & subscribed
Open charges
₹34.95 Cr
Satisfied ₹15.1 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
71
Provident fund records
About Corey Organics Private Limited
Data last updated:
Corey Organics Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 01 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U23231TG1996PTC023399. Its GSTIN is 36AABCC3624L1ZP (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹7.54 Cr. It was formerly known as Corey Organics Limited. It is led by directors including Dileep Kumar Reddy Bakireddy (Managing Director) and Devireddy Deepna.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 100/2Rt Sanjeeva Reddy Nagar Hyderabad, Telangana, India – 500038.
As per the financials filed for FY 2025, the company reported a revenue of ₹126.33 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹3.08 Cr (net margin 2.4%) and EBITDA of ₹8.78 Cr (EBITDA margin 7%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.
The company has about 71 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Corey Organics. As per MCA filings, the company has open charges of ₹34.95 Cr and satisfied charges of ₹15.1 Cr on record. Court records list 51 cases involving the company, including 38 filed by the company and 13 filed against it; 8 cases are pending. The company has 6 deals on record (2 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹3.75 Cr; the latest was in March 2019. Its 9 peer companies in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 5 smaller; the largest is Chemeca Drugs Private Limited with revenue of ₹127.59 Cr.
Corey Organics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0016424). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website coreyorganics.com.
Company details
CIN U23231TG1996PTC023399
Registration Number 023399
Incorporation Date 01 March 1996
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TS-02-0016424
CIN history
Corey Organics has one previous CIN (Corporate Identification Number): U23231AP1996PTC023399. The current CIN is U23231TG1996PTC023399, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23231TG1996PTC023399 | Current |
| U23231AP1996PTC023399 | Previous |
Key People
Dileep Kumar Reddy Bakireddy Managing Director Devireddy Deepna Director Devereddy Vidna Reddy Director Recognitions & Rankings of Corey Organics
Contact details
Corey Organics Private Limited's registered office is in Hyderabad, Telangana. Its website is coreyorganics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address100/2Rt Sanjeeva Reddy Nagar Hyderabad, Telangana, India – 500038
- IndustryPharma, API Manufacturers
To see the full contact details of Corey Organics Private Limited, buy the company report.
Comprehensive company report
Corey Organics Private Limited - one report that includes everything
- 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
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Brands
Corey Organics operates one associated brand: Corey Organics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops and manufactures APIs, intermediates, fine chemicals, and pyridine derivatives. | coreyorganics.com |
Business activity
The main business activity of Corey Organics is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Corey Organics Private Limited, buy the company report.
Financials of Corey Organics Private Limited
FY 2024 filings availableCorey Organics Private Limited reported revenue of ₹126.33 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹126.33 Cr ▼ 6%
Net profit · FY 2025
₹3.08 Cr margin 2.4%
EBITDA · FY 2025
₹8.78 Cr margin 7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 4%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 11%
5 years · compounded
▼ 12%
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 6% fall in the latest year. EBITDA fell 20% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.78 Cr | ||||
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| Net Profit (PAT) | ₹3.08 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Corey Organics Private Limited, buy the company report.
Board of directors of Corey Organics Private Limited
Corey Organics has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dileep Kumar Reddy Bakireddy | Managing Director | 12 Apr 2021 | 5 Years 6 Months | Current |
| Devireddy Deepna Also directs: Sri Chavadi Pharma Private Limited, Dwaraka Skyline LLP, Dwaraka Infrastructure Private Limited and 1 more | Director | 10 Feb 2011 | 15 Years 8 Months | Current |
| Devereddy Vidna Reddy | Director | 30 Sep 2005 | 21 Years 0 Months | Current |
Peer comparison
Corey Organics Private Limited is compared with the 9 companies closest to it by revenue in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chemeca Drugs Private Limited | ₹127.59 Cr (FY 2025) | 5.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Apex Healthcare Limited | ₹127.54 Cr (FY 2025) | 64.0% | Surat, Gujarat, India | |||
| Coral Drugs Private Limited | ₹126.9 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Sohan Healthcare Private Limited | ₹126.69 Cr (FY 2025) | 6.0% | Yavatmal, Maharashtra, India | |||
| Corey Organics Private Limitedthis company | ₹126.33 Cr (FY 2025) | ₹3.08 Cr | 2.4% | -6.0% | 71 | Hyderabad, Telangana, India |
| Smruthi Organics Ltd | ₹126.1 Cr (FY 2025) | -1.0% | Solapur, Maharashtra, India | |||
| Alcon Biosciences Private Limited | ₹125.22 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Quad Lifesciences Private Limited | ₹123.66 Cr (FY 2025) | 26.0% | Derabassi, Punjab, India | |||
| Roopa Industries Limited | ₹122.98 Cr (FY 2025) | 72.0% | Kurnool, A.P, Andhra Pradesh, India | |||
| Richter Themis Medicare (India) Private Limited | ₹122.69 Cr (FY 2025) | -13.0% | Valsad, Gujarat, India |
To see the full peer comparison of Corey Organics Private Limited, buy the company report.
Auditor
Corey Organics Private Limited is audited by SPC & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SPC & Associates | FY 2023 | 005685S |
Shareholding
The shareholding of Corey Organics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Corey Organics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹34.95 Cr
Satisfied charges
₹15.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 1996 | 90133934 | State Bank of India | ₹34.95 Cr | Open | |
| 17 Apr 2020 | 100354465 | State Bank of India | ₹1.6 Cr | Satisfied | |
| 24 Nov 2014 | 10550494 | State Bank of India | ₹12.36 Cr | Satisfied | |
| 07 Sep 2010 | 10244607 | Andhra Pradesh State Financial Corporation | ₹1 Cr | Satisfied | |
| 18 Sep 2001 | 90134483 | State Bank of Hyderabad | ₹13.5 Lakh | Satisfied |
To see the full charge records of Corey Organics Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Corey Organics Private Limited has 6 deals on record (2 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹3.75 Cr; the latest was in March 2019.
Total deals
6
Funding rounds
2
Rights issues
2
Secondary share transfers
2
Disclosed funding
₹3.75 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Rights issue | ₹3.6 Cr | Investors: 4 individuals |
| Mar 2016 | Rights issue | ₹2.2 Cr | Investors: 3 individuals |
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Dec 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Dec 2012 | Funding round | ₹2.02 Cr | Investors: 4 individuals |
To see the full deal history of Corey Organics Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Corey Organics Private Limited has 51 court cases on record: 38 filed by Corey Organics, 13 filed against it. 8 cases are pending and 43 are disposed.
Total cases
51
Filed by the company
38
Filed against the company
13
Pending
8
Disposed
43
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 40 | 9 | 2 |
| High courts | 11 | 4 | 6 |
Cases on record (5 of 51)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Revision petition | Filed against the company by United India Insurance Company Ltd., | Pending |
| District court, Sangareddy, Telangana | Execution petition | Filed by the company against Therapiva Private Limited and 2 Others | Pending |
| High Court, TELANGANA | Court case (CRLRC) | Filed by the company against Mayuka Labs Pvt., Ltd., and 5 Others and 5 others | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against . Eastern Power Distribution Company of Andhra Pradesh Ltd., and 1 other | Disposed |
| District court, Rangareddy, Telangana | Cheque dishonour complaint | Filed by the company against Synaptics Labs Pvt Ltd and Others | Disposed |
To see the full case history of Corey Organics 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.
Credit ratings & regulatory alerts
Corey Organics Private Limited was last rated by Crisil on 20 Apr 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 20 Apr 2020 |
To see the full credit ratings and regulatory alerts of Corey Organics Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Corey Organics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Corey Organics Private Limited has a workforce of 71 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
71
Active EPFO establishments
1
Employee growth
4.41%
GST
Corey Organics has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCC3624L1ZP | Telangana | Active | 01 Jul 2017 |
| 37AABCC3624L1ZN | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Corey Organics Private Limited, buy the company report.
Recent activity
Corey Organics Private Limited has 5 board changes on record since 2005: 3 appointments and 2 cessations. The latest: Dileep Kumar Reddy Bakireddy was appointed as Managing Director on 12 Apr 2021.
Charges
A charge with State Bank Of India of Rs. 34.95 Cr registered on 22 Aug 1996 with Charge ID 90133934 was modified on 13 May 2025.
AGM
Corey Organics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Corey Organics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge registered on 17 Apr 2020 via Charge ID 100354465 with State Bank Of India was fully satisfied on 26 Apr 2021.
Charges
A charge registered on 24 Nov 2014 via Charge ID 10550494 with State Bank Of India was fully satisfied on 26 Apr 2021.
Appointed
Dileep Kumar Reddy Bakireddy was appointed as Managing Director.
Ceased
Raja Kumar Reddy Devi Reddy ceased to be Managing Director.
Charges
A charge registered on 18 Sep 2001 via Charge ID 90134483 with State Bank Of Hyderabad was fully satisfied on 24 Jun 2020.
Charges
A charge with State Bank Of India amounted to Rs. 1.60 Cr with Charge ID 100354465 was registered on 17 Apr 2020.
Charges
A charge registered on 07 Sep 2010 via Charge ID 10244607 with Andhra Pradesh State Financial Corporation was fully satisfied on 04 Feb 2020.
Charges
A charge with State Bank Of India of Rs. 12.36 Cr registered on 24 Nov 2014 with Charge ID 10550494 was modified on 20 Mar 2019.
Ceased
Vijayakumar Reddy Devireddi ceased to be Director.
8 earlier events are in the company report.
Frequently asked questions
Corey Organics is an active private limited company based in Hyderabad, Telangana, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 01 March 1996 (30+ years old) and is registered under CIN U23231TG1996PTC023399.
Corey Organics has 3 current directors:
- Dileep Kumar Reddy Bakireddy - Managing Director
- Devireddy Deepna - Director
- Devereddy Vidna Reddy - Director
The latest financial statements of Corey Organics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Corey Organics is 36AABCC3624L1ZP, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AABCC3624L1ZN (Andhra Pradesh).
The CIN (Corporate Identification Number) of Corey Organics is U23231TG1996PTC023399. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Corey Organics has 51 court cases on record: 38 filed by the company and 13 filed against it. 8 are pending. Most are in the district courts.
Corey Organics was incorporated on 01 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Hyderabad.
Corey Organics has 6 deals on record (2 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹3.75 Cr; the latest was in March 2019.
The peers of Corey Organics by revenue are Chemeca Drugs Private Limited, Apex Healthcare Limited, Coral Drugs Private Limited, Sohan Healthcare Private Limited, Smruthi Organics Ltd and 4 more, all in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Dileep Kumar Reddy Bakireddy was appointed as Managing Director on 12 Apr 2021. Raja Kumar Reddy Devi Reddy ceased to be Managing Director on 01 Apr 2021. Vijayakumar Reddy Devireddi ceased to be Director on 16 Mar 2016. Corey Organics has 5 board changes on record in total.
Yes, Corey Organics is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-02-0016424).