About Corvid Pharmaceuticals Private Limited
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Corvid Pharmaceuticals Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 28 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33100MH2012PTC235053. Its GSTIN is 27AAECC9961B1ZM (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rajesh Chandrakumar Hedaoo and Swati Rajesh Hedaoo.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No. 51 Road No.3 Sector 1/S New Panvel (E), Navi Mumbai, Maharashtra, India – 410206.
As per the financials filed for FY 2022, the company reported a revenue of ₹32.72 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.41 Lakh (net margin 4.3%) and EBITDA of ₹2.11 Lakh (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 15% over five years.
The company is associated with 1 brand: Corvid pharmaceuticals.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website corvidpharma.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 51 Road No.3 Sector 1/S New Panvel (E), Navi Mumbai, Maharashtra, India – 410206
- IndustryPharma, API Manufacturers
- 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
Associated Brands with Corvid Pharmaceuticals Private Limited
Corvid Pharmaceuticals operates one associated brand: Corvid pharmaceuticals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops and manufactures finished formulations, APIs, and intermediates for the pharmaceutical industry. | corvidpharma.in |
Competitors & Alternatives of Corvid Pharmaceuticals Private Limited
Brands and companies operating in the same space as Corvid Pharmaceuticals Private Limited include Concord Biotech, BDR Pharmaceuticals Internationals, Almac Group and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Concord Biotech | APIs and enzymes are manufactured through fermentation by the CDMO. | Ahmedabad, India | 2000 |
 BDR Pharmaceuticals Internationals | APIs and finished products are developed and manufactured. | Mumbai, India | 2003 |
 Almac Group | Integrated CDMO services for biopharma R&D and manufacturing are offered. | Craigavon, United Kingdom | 2001 |
 Indoco Remedies | APIs manufacturing and formulation services are provided in therapeutic segments. | Mumbai, India | 1947 |
 Pharmaceutics International | Pharmaceutical dosage forms are manufactured by this CDMO. | Hunt Valley, United States | 1994 |
 Aurobindo Pharma | Generic biocatalytic solutions are provided for pharmaceutical applications. | Hyderabad, India | 1986 |
 Seqens | Contract manufacturing services for small molecules and peptides are provided. | Ecully, France | 2003 |
 Asymchem | APIs and peptides are developed and manufactured by Asymchem. | Morrisville, United States | 1995 |
 Aptuit | Contract research and development services for small molecules are offered. | Greenwich, United States | 2004 |
 Continuus Pharma | MIT-Novartis spinoff offering continuous manufacturing solutions to remove the proverbial wall between API and FDF manufacturing in small molecule development | Woburn, United States | 2012 |
Business Activity of Corvid Pharmaceuticals Private Limited
The main business activity of Corvid Pharmaceuticals is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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.
Auditor Details of Corvid Pharmaceuticals Private Limited
Corvid Pharmaceuticals Private Limited is audited by A T UPADHYE & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A T UPADHYE & 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 Corvid Pharmaceuticals Private Limited
Corvid Pharmaceuticals has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Chandrakumar Hedaoo Also directs: Gusto Life Sciences Private Limited, Apicem Technobuild Private Limited, Ascent Total Solution Private Limited and 1 more | Director | 26 May 2016 | 10 Years 4 Months | Current |
| Swati Rajesh Hedaoo Also directs: Gusto Life Sciences Private Limited | Director | 28 Aug 2012 | 14 Years 1 Months | Current |
| Vijay Ramchandra Kolhekar | Director | 28 Aug 2012 | 14 Years 1 Months | Current |
| Harendra Singh Also directs: Onus Equipments Private Limited, Hapec Services Private Limited | Director | 28 Aug 2012 | 14 Years 1 Months | Current |
Financials of Corvid Pharmaceuticals Private Limited FY 2022 filings available
Corvid Pharmaceuticals Private Limited reported revenue of ₹32.72 Lakh (down 22.00% YoY) for FY 2022.
Growth of Corvid Pharmaceuticals Private Limited
| Metric | 1-year growth | 3-year compounded (CAGR) | 5-year compounded (CAGR) |
|---|---|---|---|
| Revenue | ▼ 22% | ▲ 30% | ▲ 15% |
| Net profit | ▼ 17% | ▲ 294% | ▲ 29% |
| EBITDA | ▼ 12% | ▲ 54% | ▲ 68% |
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. 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 Corvid Pharmaceuticals Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹2.11 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.41 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 Corvid Pharmaceuticals Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.3% | •••• | •••• | •••• | •••• |
| 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 Corvid Pharmaceuticals 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.
Ownership and Shareholding of Corvid Pharmaceuticals 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 Corvid Pharmaceuticals Private Limited
Corvid Pharmaceuticals Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Corvid Pharmaceuticals Private Limited
Employment history and EPFO contributions of people linked to Corvid Pharmaceuticals.
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.
GST Compliance of Corvid Pharmaceuticals Private Limited
Corvid Pharmaceuticals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECC9961B1ZM | Maharashtra | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Corvid Pharmaceuticals 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 Corvid Pharmaceuticals 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 Corvid Pharmaceuticals 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.
MCA Filings & Documents of Corvid Pharmaceuticals 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.
Recent Activity on Corvid Pharmaceuticals Private Limited
Frequently Asked Questions about Corvid Pharmaceuticals Private Limited
Corvid Pharmaceuticals is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 28 August 2012 (14+ years old) and is registered under CIN U33100MH2012PTC235053.
Corvid Pharmaceuticals reported revenue of ₹32.72 Lakh for FY 2022 (down 22.00% YoY).
Corvid Pharmaceuticals has 4 current directors:
- Rajesh Chandrakumar Hedaoo - Director
- Swati Rajesh Hedaoo - Director
- Vijay Ramchandra Kolhekar - Director
- Harendra Singh - Director
Corvid Pharmaceuticals reported a net profit of ₹1.41 Lakh (net margin 4.3%) and EBITDA of ₹2.11 Lakh (EBITDA margin 6.4%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Corvid Pharmaceuticals is 30% over three years and 15% over five years. In the latest year (FY 2022) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Corvid Pharmaceuticals is 27AAECC9961B1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Corvid Pharmaceuticals is U33100MH2012PTC235053. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Corvid Pharmaceuticals was incorporated on 28 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Corvid Pharmaceuticals can be reached through the website corvidpharma.in. Its registered office is in Navi Mumbai, Maharashtra, India.