Cytas Research Limited - research & development in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
CIN U73100GJ2003PLC042948 Incorporated 22 September 2003 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Merged Public Limited Company research and development
Data last updated
Revenue · FY 2018
₹60.47 Lakh
Latest filing
Net profit · FY 2018
₹40.84 Lakh
Net margin 67.5%
EBITDA · FY 2018
₹40.84 Lakh
EBITDA margin 67.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
23 yrs
Est. 2003
Directors on board
3
As per MCA filings
Last financials
Mar 2018
Balance sheet date

About Cytas Research Limited

Data last updated:

Cytas Research Limited was a public limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the scientific research segment of the research and development sector. It was incorporated on 22 September 2003.

The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U73100GJ2003PLC042948.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Urmish Hasmukh Chudgar and Nimish Hasmukh Bhai Chudgar.

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 was at Plot No. 423/P/A/GIDC Sarkhej – Bavla Highway Moraiya Tal Sanand, Ahmedabad, Gujarat, India – 382210.

As per the financials filed for FY 2018, the company reported a revenue of ₹60.47 Lakh. For the same year it recorded a net profit of ₹40.84 Lakh (net margin 67.5%) and EBITDA of ₹40.84 Lakh (EBITDA margin 67.5%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years.

Company details

CIN U73100GJ2003PLC042948
Registration Number 042948
Incorporation Date 22 September 2003
ROC Ahmedabad
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018

CIN history

Cytas Research has one previous CIN (Corporate Identification Number): U73100GJ2003PTC042948. The current CIN is U73100GJ2003PLC042948, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U73100GJ2003PLC042948Current
U73100GJ2003PTC042948Previous

Contact details

Cytas Research Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No. 423/P/A/GIDC Sarkhej – Bavla Highway Moraiya Tal Sanand, Ahmedabad, Gujarat, India – 382210
  • Industry
    Research & Development, Science Research

To see the full contact details of Cytas Research Limited, buy the company report.

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  • Shareholding pattern and group structure
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  • Legal cases, compliance and MCA filings
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Financials of Cytas Research Limited

FY 2018 filings available

Cytas Research Limited reported revenue of ₹60.47 Lakh for FY 2018.

Revenue · FY 2018
₹60.47 Lakh
Net profit · FY 2018
₹40.84 Lakh margin 67.5%
EBITDA · FY 2018
₹40.84 Lakh margin 67.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 17%
EBITDA CAGR growth
3 years · compounded
▲ 3%

Revenue has grown at a compounded annual rate (CAGR) of 17% over three years. 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
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₹40.84 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹40.84 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin67.5%
Net Profit Margin67.5%
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

To see the full financial statements and ratios of Cytas Research Limited, buy the company report.

Board of directors of Cytas Research Limited

Cytas Research has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Urmish Hasmukh ChudgarDirector22 Sep 200323 Years 1 MonthsAs last reported
Nimish Hasmukh Bhai ChudgarDirector15 Sep 201115 Years 1 MonthsAs last reported
Shail Urmish ChudgarDirector27 Mar 201214 Years 7 MonthsAs last reported

Auditor

Cytas Research Limited is audited by APAJI AMIN & CO. LLP for the financial year 2017.

Auditor firmFinancial yearFirm registration number
APAJI AMIN & CO. LLPFY 2017100513W/W100062

Shareholding

The shareholding of Cytas Research 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 categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Cytas Research Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Cytas Research Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Cytas Research Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Cytas Research Limited has 7 board changes on record since 2003: 3 appointments and 4 cessations. The latest: Nimish Hasmukh Bhai Chudgar ceased to be Additional Director on 21 Aug 2012.

AGM
Cytas Research Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Cytas Research Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Ahmedabad.
Ceased
Nimish Hasmukh Bhai Chudgar ceased to be Additional Director.
Ceased
Shail Urmish Chudgar ceased to be Additional Director.
Appointed
Shail Urmish Chudgar was appointed as Director.
Ceased
Vimal Narottamdas Sanghavi ceased to be Director.
Ceased
Mani Swaminathan Iyer ceased to be Director.
Appointed
Nimish Hasmukh Bhai Chudgar was appointed as Director.
Appointed
Urmish Hasmukh Chudgar was appointed as Director.
Incorporation
22 Sep 2003
Cytas Research Limited was registered on 22 Sep 2003 with Roc Ahmedabad & aged 23 years 1 month as per MCA records.

Frequently asked questions

Cytas Research has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Cytas Research was a public limited company based in Ahmedabad, Gujarat, India. The company worked in science research, within the research and development industry. It was incorporated on 22 September 2003 and is registered under CIN U73100GJ2003PLC042948. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Cytas Research was incorporated on 22 September 2003. It is registered with the Registrar of Companies, Ahmedabad.

Cytas Research had 3 directors:

The CIN (Corporate Identification Number) of Cytas Research is U73100GJ2003PLC042948. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Cytas Research is at Plot No. 423PAGIDC Sarkhej – Bavla Highway Moraiya Tal Sanand, Ahmedabad, Gujarat, India – 382210.

The latest financial statements of Cytas Research 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.

Cytas Research operated in the research and development industry, in the science research segment.

Nimish Hasmukh Bhai Chudgar ceased to be Additional Director on 21 Aug 2012. Shail Urmish Chudgar ceased to be Additional Director on 21 Aug 2012. Shail Urmish Chudgar was appointed as Director on 27 Mar 2012. Cytas Research has 7 board changes on record in total.

Cytas Research can be reached at its registered office: Plot No. 423PAGIDC Sarkhej – Bavla Highway Moraiya Tal Sanand, Ahmedabad, Gujarat, India – 382210.