Credit Pharmaceuticals Private Limited
About Credit Pharmaceuticals Private Limited
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Credit Pharmaceuticals Private Limited is a private limited company based in Delhi, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 20 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24233DL2009PTC190458. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vineet Shivbheekh Singh and Prakash Harendra Singh.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at J – 850 Jahangirpuri, Delhi, India – 110033.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.39 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹1.71 Lakh (net margin -1.2%) and EBITDA of -₹66,903 (EBITDA margin -0.5%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
As per MCA filings, the company has open charges of ₹30 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Credit Pharmaceuticals Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressJ – 850 Jahangirpuri, Delhi, India – 110033
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Credit Pharmaceuticals Private Limited, buy the company report.
- 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
Business activity
The main business activity of Credit Pharmaceuticals is hospital and medical care. In detail, this covers hospital activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q1 | Hospital activities |
To see the full business activity and turnover split of Credit Pharmaceuticals Private Limited, buy the company report.
Financials of Credit Pharmaceuticals Private Limited
FY 2018 filings availableCredit Pharmaceuticals Private Limited reported revenue of ₹1.39 Cr (down 2% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 185% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹66,903 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.71 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -0.5% | |||
| Net Profit Margin | -1.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Credit Pharmaceuticals Private Limited, buy the company report.
Board of directors of Credit Pharmaceuticals Private Limited
Credit Pharmaceuticals has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vineet Shivbheekh Singh Also directs: Swaminath Mineral Private Limited, Anit Hyperscale Private Limited | Director | 10 May 2012 | 14 Years 5 Months | Current |
| Prakash Harendra Singh Also directs: Swaminath Mineral Private Limited, Volkscure Private Limited | Director | 10 May 2012 | 14 Years 5 Months | Current |
| Harendra Kumar Singh Also directs: Swaminath Mineral Private Limited | Director | 20 May 2009 | 17 Years 5 Months | Current |
Auditor
Credit Pharmaceuticals Private Limited is audited by GYAN PRAVEEN & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GYAN PRAVEEN & ASSOCIATES | FY 2017 | 012796C |
Shareholding
The shareholding of Credit Pharmaceuticals Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Credit Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jun 2014 | 10509028 | Allahabad Bank | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Credit Pharmaceuticals Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Criminal case | Filed against the company by M/S Apple Formulations Pvt Ltd | Pending |
| District court, Gonda, Uttar Pradesh | Execution petition | Filed against the company by M/S Apple Formulation Private Ltd. | Disposed |
To see the full case history of Credit Pharmaceuticals 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Credit Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Credit Pharmaceuticals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Credit Pharmaceuticals Private Limited, buy the company report.
Recent activity
Credit Pharmaceuticals Private Limited has 5 board changes on record since 2009: 3 appointments and 2 cessations. The latest: Sharda Singh ceased to be Director on 04 Jun 2019.
Frequently asked questions
Credit Pharmaceuticals is an active private limited company based in Delhi, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 20 May 2009 (17+ years old) and is registered under CIN U24233DL2009PTC190458.
Credit Pharmaceuticals has 3 current directors:
- Vineet Shivbheekh Singh - Director
- Prakash Harendra Singh - Director
- Harendra Kumar Singh - Director
The latest financial statements of Credit Pharmaceuticals on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Credit Pharmaceuticals has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Credit Pharmaceuticals is U24233DL2009PTC190458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Credit Pharmaceuticals has 2 court cases on record: 2 filed against it. 1 is pending.
Credit Pharmaceuticals was incorporated on 20 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Sharda Singh ceased to be Director on 04 Jun 2019. Yogesh Shukla ceased to be Director on 03 Dec 2012. Prakash Harendra Singh was appointed as Director on 10 May 2012. Credit Pharmaceuticals has 5 board changes on record in total.
The registered office of Credit Pharmaceuticals is at J – 850 Jahangirpuri, Delhi, India – 110033.
Credit Pharmaceuticals operates in the pharma industry, in the drug formulation and development segment.
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