
Cortex Laboratories Private Limited
About Cortex Laboratories Private Limited
Data last updated:
Cortex Laboratories Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 05 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24230TG1995PTC020588. Its GSTIN is 36AACCC3099C2ZT (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It was formerly known as Seelam Laboratories Private Limited. It is led by directors Nagi Reddy Seelam and Seelam Manojkumarreddy.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3 – 11 – 1/1 L. B. Nagar Hyderabad, Telangana, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.61 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹5.39 Lakh (net margin 0.3%) and EBITDA of ₹6.39 Lakh (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 101% over three years and 22% over five years.
As per MCA filings, the company has open charges of ₹60 Lakh on record. Court records list 11 cases involving the company, including 1 filed by the company and 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address3 – 11 – 1/1 L. B. Nagar Hyderabad, Telangana, India
- IndustryPharma, Drug Formulation & Development
- 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
- One PDF report, delivered after checkout
Business Activity of Cortex Laboratories Private Limited
The main business activity of Cortex Laboratories is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Cortex Laboratories Private Limited FY 2025 filings available
Cortex Laboratories Private Limited reported revenue of ₹16.61 Cr (up 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Cortex Laboratories Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 44% growth in the latest year. EBITDA rose 522% 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 of Cortex Laboratories Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹6.39 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.39 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Cortex Laboratories Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Cortex Laboratories are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Cortex Laboratories Private Limited
Cortex Laboratories Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Surien Pharmaceuticals Private Limited | ₹16.68 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Chennai, Tamil Nadu, India |
| Oasis Laboratories Pvt Ltd | ₹16.68 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Jaipur, Rajasthan, India |
| Thy One Life Sciences Private Limited | ₹16.67 Cr (FY 2024) | •••• | •••• | 53.0% | •••• | Jalandhar, Punjab, India |
| Mac Medilife Private Limited | ₹16.64 Cr (FY 2025) | •••• | •••• | 112.0% | •••• | Mumbai, Maharashtra, India |
| Regal Healthcare Limited | ₹16.64 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Vadodara, Gujarat, India |
| Cortex Laboratories Private Limited this company | ₹16.61 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Hyderabad, Telangana, India |
| Aaron Healthcare & Export Private Limited | ₹16.59 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Patna, Bihar, India |
| Biozen Health Products Private Limited | ₹16.56 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Juhi, Uttar Pradesh, India |
| Croissance Biomed Private Limited | ₹16.56 Cr (FY 2019) | •••• | •••• | 113.0% | •••• | Pune, Maharashtra, India |
| Bipi Lifesciences Private Limited | ₹16.5 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Ahmedabad, Gujarat, India |
| Jaybaliraja Agro Private Limited | ₹16.5 Cr (FY 2025) | •••• | •••• | 1092.0% | •••• | Georai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Cortex Laboratories by revenue in the Pharma industry (Formulations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Cortex Laboratories Private Limited
Cortex Laboratories Private Limited is audited by P MURALI & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P MURALI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Cortex Laboratories Private Limited
Cortex Laboratories has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagi Reddy Seelam Also directs: Concord Drugs Limited | Director | 22 Jun 2024 | 2 Years 3 Months | Current |
| Seelam Manojkumarreddy | Additional Director | 03 Feb 2020 | 6 Years 8 Months | Current |
Ownership and Shareholding of Cortex Laboratories Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Cortex Laboratories Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jan 2007 | Lakshmi Vilas Bank Limited | ₹35 Lakh | Open |
| 21 Jan 2006 | The Lakxmi Vilas Bank Limited | ₹25 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Cortex Laboratories Private Limited
Cortex Laboratories Private Limited has 11 court cases on record: 1 filed by Cortex Laboratories, 6 filed against it, 4 where it is another party. All cases are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 6 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Appeal | Company is another party | Disposed |
| District court, Nizamabad, Telangana | Criminal complaint | Company is another party | Disposed |
| District court, Mancherial, Telangana | Court case (PRC) | Company is another party | Disposed |
| District court, Hyderabad CCC, Telangana | Court case (AS) | Filed by the company against Drugs India | Disposed |
| District court, Rangareddy, Telangana | Execution petition | Filed against the company by Drugas India | Disposed |
Full case history
All 11 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Cortex Laboratories Private Limited
Cortex Laboratories Private Limited has a workforce of 0 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Cortex Laboratories Private Limited
Cortex Laboratories has undergone 2 name changes throughout its history. The company was previously known as Seelam Laboratories Private Limited, and Cortex Laboratories Private Limited. The current legal name is Cortex Laboratories Private Limited.
| Company Name | Status |
|---|---|
| Cortex Laboratories Private Limited | Current |
| Seelam Laboratories Private Limited | Previous |
CIN History of Cortex Laboratories Private Limited
Cortex Laboratories has one previous CIN (Corporate Identification Number): U24230AP1995PTC020588. The current CIN is U24230TG1995PTC020588, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24230TG1995PTC020588 | Current |
| U24230AP1995PTC020588 | Previous |
Recent Activity on Cortex Laboratories Private Limited
Cortex Laboratories Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Raja Sekhar Reddy Vundela ceased to be Director on 24 Jun 2024.
Credit Ratings, Litigation & Regulatory Alerts for Cortex Laboratories Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Cortex Laboratories Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Cortex Laboratories Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Cortex Laboratories Private Limited
Cortex Laboratories has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCC3099C2ZT | Telangana | Active | 11 Jan 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Cortex Laboratories Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Cortex Laboratories Private Limited
Cortex Laboratories is an active private limited company based in Hyderabad, Telangana, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 05 June 1995 (31+ years old) and is registered under CIN U24230TG1995PTC020588.
Cortex Laboratories reported revenue of ₹16.61 Cr for FY 2025 (up 44% YoY).
Cortex Laboratories has 2 current directors:
- Nagi Reddy Seelam - Director
- Seelam Manojkumarreddy - Additional Director
Cortex Laboratories reported a net profit of ₹5.39 Lakh (net margin 0.3%) and EBITDA of ₹6.39 Lakh (EBITDA margin 0.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cortex Laboratories is 101% over three years and 22% over five years. In the latest year (FY 2025) revenue rose 44%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cortex Laboratories is 36AACCC3099C2ZT, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Cortex Laboratories is U24230TG1995PTC020588. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cortex Laboratories has 11 court cases on record: 1 filed by the company and 6 filed against it. Most are in the district courts.
Cortex Laboratories was incorporated on 05 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Cortex Laboratories by revenue are Surien Pharmaceuticals Private Limited, Oasis Laboratories Pvt Ltd, Thy One Life Sciences Private Limited, Mac Medilife Private Limited, Regal Healthcare Limited and 5 more, all in the Pharma industry (Formulations).
Raja Sekhar Reddy Vundela ceased to be Director on 24 Jun 2024. Nagi Reddy Seelam was appointed as Director on 22 Jun 2024. Nagi Reddy Seelam ceased to be Director on 13 Feb 2020. Cortex Laboratories has 4 board changes on record in total.