Covalent Laboratories Private Limited - Company Profile

It is a pharma private limited company based in Hyderabad., Telangana, India, established in 2002.
2002 Hyderabad., Telangana, India Active
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About Covalent Laboratories Private Limited

Covalent Laboratories Private Limited, a active private limited company, was established on 13 September 2002 in Hyderabad., Telangana, India. Engaging in api manufacturers within the manufacturing sector, it holds CIN: U24230TG2002PTC039606. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹6.00 Cr.

It upholds a compliant status. Employing 860 professional, Its leadership includes Abhinav Reddy Nandigala (Whole-Time Director), Madireddy Narayana Reddy (Managing Director), Prasanth Nandigala (Director). Past directors included Narayana Reddy Mundla, Venkata Subash Lingareddy, Abhinav Reddy Nandigala. It holds ₹1,674.23 Cr open charges and ₹279.50 Cr settled loans. Its latest AGM occurred on 31 July 2025, with the balance sheet filed on 31 March 2024. It is based at D.No.8-3-677/18,S.K.D.Nagar, Yellareddyguda,, Hyderabad., Telangana, 500073.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24230TG2002PTC039606

  • Registration Number

    039606

  • Incorporation Date

    13 September 2002

  • Authorized Capital

    ₹20.00 Cr

  • Paid-Up Capital

    ₹6.00 Cr

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 6.00 Cr
  • Company Age 23 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,674.23 Cr
  • Satisfied Charges ₹ 279.50 Cr
  • Revenue Growth **** 31.73%
  • Profit Growth **** 488.99%
  • Ebitda **** 273.48%
  • Net Worth 44.17%
  • Total Assets **** 17.92%
Company report

Covalent Laboratories Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Covalent Laboratories Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Covalent Laboratories Private Limited?
Current Directors
Name Designation Appointment Date Status
Abhinav Reddy Nandigala Whole-Time Director 19 Oct 2023 Current
Madireddy Narayana Reddy Managing Director 13 Sep 2002 Current
Prasanth Nandigala Director 15 May 2003 Current
Maddireddy Vijaykiran Whole-Time Director 13 Sep 2002 Current
Mundla Maha Vishnu Additional Director 01 Oct 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 21 Dec 2024 Past
Pramod Abcsdd Director 27 May 2021 Past
Pramod Abcsdd Additional Director 31 Jan 2024 Past
Pramod Abcsdd Additional Director 30 Sep 2021 Past
Pramod Abcsdd Company Secretary - Past

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Financial Performance of Covalent Laboratories.

Covalent Laboratories Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 31.73% increase. The company also saw a substantial improvement in profitability, with a 488.99% increase in profit. The company's net worth Soared by an impressive increase of 44.17%.

Covalent Laboratories revenue growth over time
Covalent Laboratories profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 31.73%
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Revenue from Operations
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 31.53%
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Total Assets
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 17.92%
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Profit or Loss
*******
 488.99%
*******
*******
*******
*******
Net Worth
*******
 44.17%
*******
*******
*******
*******
EBITDA
*******
 273.48%
*******
*******
*******
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What is the Ownership and Shareholding Structure of Covalent Laboratories?

In 2024, Covalent Laboratories had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹16,742,300,000.00

Satisfied Charges

₹2,795,000,000.00

Charges Breakdown by Lending Institutions
  • Sbicap Trustee Company Limited : 850.00 Cr
  • Others : 335.00 Cr
  • Citi Bank N.A. : 230.00 Cr
  • State Bank Of India : 196.23 Cr
  • Hdfc Bank Limited : 63.00 Cr
Latest Charge Details
Date Lender Amount Status
30 Sep 2025 Sbicap Trustee Company Limited ₹850.00 Cr Open
18 Jun 2022 Citi Bank N.A. ₹30.00 Cr Open
20 Feb 2020 Others ₹50.00 Cr Open
04 Feb 2019 Others ₹285.00 Cr Open
28 Nov 2015 Hdfc Bank Limited ₹63.00 Cr Open

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How Many Employees Work at Covalent Laboratories?

Covalent Laboratories has a workforce of 860 employees as of Nov 28, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Covalent Laboratories, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Covalent Laboratories's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Covalent Laboratories
Recent Activity within the Organization
  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 850.00 Cr with Charge ID 101163592 was registered on 30 Sep 2025. was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 285.00 Cr registered on 04 Feb 2019 with Charge ID 100239647 was modified on 31 Jul 2025. was completed.

  • Annual General Meeting

    The activity Covalent Laboratories Private Limited last Annual general meeting of members was held on 31 Jul 2025 as per latest MCA records. was completed.

  • Charges

    Progress on A charge with Citi Bank N.A. of Rs. 200.00 Cr registered on 29 Mar 2014 with Charge ID 10495631 was modified on 03 Jul 2025. was documented.

  • Director Appointment

    The activity Mundla Maha Vishnu was appointed as a Additional Director was appointed as a Additional Director on 01 Oct 2024 & has been associated with this company since 1 year 5 months . was completed.

  • Balance Sheet

    The activity Covalent Laboratories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was completed.

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Frequently Asked Questions
What is the CIN of Covalent Laboratories Private Limited?

The CIN of Covalent Laboratories Private Limited is U24230TG2002PTC039606.

Where is Covalent Laboratories Private Limited headquartered?

Covalent Laboratories Private Limited is headquartered at D.No.8-3-677/18,S.K.D.Nagar, Yellareddyguda,, Hyderabad., Telangana, 500073.

When was Covalent Laboratories Private Limited incorporated?

Covalent Laboratories Private Limited was incorporated on 13 September 2002.

Who are the current directors of Covalent Laboratories Private Limited?

The current directors of Covalent Laboratories Private Limited are

What is the primary industry of Covalent Laboratories Private Limited?

The primary industry of Covalent Laboratories Private Limited is Manufacturing.

Is Covalent Laboratories Private Limited a listed company?

Covalent Laboratories Private Limited is unlisted.

What is the capital structure of Covalent Laboratories Private Limited?

The authorized capital of Covalent Laboratories Private Limited is ₹20.00 Cr, and the paid-up capital is ₹6.00 Cr.

What is the compliance status of Covalent Laboratories Private Limited?

The compliance status of Covalent Laboratories Private Limited is Compliant.

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