- Category
- Medium (2022-23)
- Udyam number
- UDYAM-TS-20-0003243

About Discovery Laboratories Private Limited
Data last updated:
Discovery Laboratories Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 12 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24239TG2003PTC042219. Its GSTIN is 36AACCD0048G1Z2 (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.01 Cr. It was formerly known as Discovery Intermediates Private Limited. It is led by directors Prasanth Manne (Managing Director) and Nishita Nadella.
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 Mig – 172 Kphb Colony Kukatpally Hyderabad – 72. Kukatpally, Telangana, India – 500072.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.29 Cr, a growth of 99% compared to the previous year. For the same year it recorded a net loss of ₹1.36 Cr (net margin -3.5%) and EBITDA of ₹2.91 Cr (EBITDA margin 7.4%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.
The company is associated with 1 brand: Discovery Labs. As per MCA filings, the company has open charges of ₹36.42 Cr and satisfied charges of ₹27.19 Cr on record. Court records list 27 cases involving the company, including 2 filed by the company and 25 filed against it; 13 cases are pending.
Discovery Laboratories Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-20-0003243). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website discoverypharma.com.
Company details
CIN history
Discovery Laboratories has one previous CIN (Corporate Identification Number): U24239AP2003PTC042219. The current CIN is U24239TG2003PTC042219, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24239TG2003PTC042219 | Current |
| U24239AP2003PTC042219 | Previous |
Recognitions & Rankings of Discovery Laboratories
Contact details
Discovery Laboratories Private Limited's registered office is in Hyderabad, Telangana. Its website is discoverypharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMig – 172 Kphb Colony Kukatpally Hyderabad – 72. Kukatpally, Telangana, India – 500072
- IndustryPharma, API Manufacturers
To see the full contact details of Discovery Laboratories 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
Brands
Discovery Laboratories operates one associated brand: Discovery Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| APIs and pharmaceutical ingredients are manufactured by Discovery Labs. | discoverypharma.com |
Business activity
The main business activity of Discovery Laboratories is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Discovery Laboratories Private Limited, buy the company report.
Financials of Discovery Laboratories Private Limited
FY 2025 filings availableDiscovery Laboratories Private Limited reported revenue of ₹39.29 Cr (up 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 99% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA fell 41% 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 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 | ₹39.29 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.36 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | -3.5% | ||||
| 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 Discovery Laboratories Private Limited, buy the company report.
Board of directors of Discovery Laboratories Private Limited
Discovery Laboratories has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishita Nadella | Director | 28 Mar 2009 | 17 Years 6 Months | Current |
| Prasanth Manne | Managing Director | 12 Dec 2003 | 22 Years 10 Months | Current |
Peer comparison
Discovery Laboratories Private Limited is compared with the 10 companies closest to it by revenue in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cureworth Drugs & Intermediates Private Limited | ₹40.05 Cr (FY 2025) | 79.0% | Panvel, Maharashtra, India | |||
| Viswa Laboratories Private Limited | ₹39.96 Cr (FY 2025) | 1.0% | Pune, Maharashtra, India | |||
| SLR Pharma Private Limited | ₹39.77 Cr (FY 2024) | -25.0% | Hyderabad, Telangana, India | |||
| Chaitanya Biologicals Private Limited | ₹39.58 Cr (FY 2025) | -7.0% | Malkapur, Maharashtra, India | |||
| Shruti Drugs Private Limited | ₹39.47 Cr (FY 2025) | 35.0% | Secunderabad, Telangana, India | |||
| Discovery Laboratories Private Limitedthis company | ₹39.29 Cr (FY 2025) | -₹1.36 Cr | -3.5% | 99.0% | Hyderabad, Telangana, India | |
| G D Dyestuff Industries Limited | ₹39.05 Cr (FY 2024) | -59.0% | New Delhi, Delhi, India | |||
| Sujata Nutri-Pharma Private Limited | ₹39.05 Cr (FY 2025) | 5.0% | Vadodara, Gujarat, India | |||
| Nebula Healthcare Limited | ₹38.59 Cr (FY 2025) | 4.0% | Ahmedabad, Gujarat, India | |||
| Eiko Lifesciences Limited | ₹38.38 Cr (FY 2025) | 37.0% | Thane, Maharashtra, India | |||
| Almon Healthcare Private Limited | ₹38.26 Cr (FY 2025) | 58.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Discovery Laboratories Private Limited, buy the company report.
Auditor
Discovery Laboratories Private Limited is audited by S. KASTHURI RENGAN & CO for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. KASTHURI RENGAN & CO | FY 2025 | 008084S |
Shareholding
The shareholding of Discovery Laboratories Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Discovery Laboratories Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2022 | 100658435 | Others | ₹3.25 Cr | Open | |
| 31 Mar 2022 | 100570915 | Others | ₹1.2 Cr | Open | |
| 24 Sep 2021 | 100481766 | Others | ₹5 Cr | Open | |
| 31 Mar 2021 | 100436637 | Others | ₹2 Cr | Open | |
| 30 Jun 2017 | 100111093 | Others | ₹12.62 Cr | Open |
To see the full charge records of Discovery Laboratories Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Discovery Laboratories Private Limited has 27 court cases on record: 2 filed by Discovery Laboratories, 25 filed against it. 13 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 23 | 11 |
| High courts | 4 | 2 | 2 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by RBL Bank Ltd | Pending |
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by SMFG India Credit Company Ltd | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by M/S Goyal MG Gases Pvt. Ltd | Pending |
| District court, Medchal Malkajgiri, Telangana | Cheque dishonour complaint | Filed against the company by Vaasavaa Pharmaceuticals P Ltd., Rep by Its Manager Vadlamudi Rajasekhar | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against Telangana State Southern Power Distribution Company of Telangana Limited and 2 others | Pending |
To see the full case history of Discovery Laboratories 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.
Credit ratings & regulatory alerts
Discovery Laboratories Private Limited was last rated by Icra on 30 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Sep 2021 |
To see the full credit ratings and regulatory alerts of Discovery Laboratories Private Limited, buy the company report.
MSME payment delays
Discovery Laboratories Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 61 overdue payments to 61 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 61)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Amjey Chem Trade Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Hritik Chemicals Private Limited |
To see the full MSME payment records of Discovery Laboratories Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Discovery Laboratories has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCD0048G1Z2 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Discovery Laboratories Private Limited, buy the company report.
Recent activity
Discovery Laboratories Private Limited has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Manne Veera Sekhara Rao ceased to be Director on 28 Mar 2009.
10 earlier events are in the company report.
Frequently asked questions
Discovery Laboratories is an active private limited company based in Hyderabad, Telangana, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 12 December 2003 (23+ years old) and is registered under CIN U24239TG2003PTC042219.
Discovery Laboratories has 2 current directors:
- Prasanth Manne - Managing Director
- Nishita Nadella - Director
The latest financial statements of Discovery Laboratories on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Discovery Laboratories is 36AACCD0048G1Z2, 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 Discovery Laboratories is U24239TG2003PTC042219. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Discovery Laboratories has 27 court cases on record: 2 filed by the company and 25 filed against it. 13 are pending. Most are in the district courts.
Discovery Laboratories was incorporated on 12 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Discovery Laboratories by revenue are Cureworth Drugs & Intermediates Private Limited, Viswa Laboratories Private Limited, SLR Pharma Private Limited, Chaitanya Biologicals Private Limited, Shruti Drugs Private Limited and 5 more, all in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Manne Veera Sekhara Rao ceased to be Director on 28 Mar 2009. Nishita Nadella was appointed as Director on 28 Mar 2009. Prasanth Manne was appointed as Managing Director on 12 Dec 2003.
Yes, Discovery Laboratories is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-20-0003243).
Discovery Laboratories has 2 MSME Form 1 returns on record between 2018 and 2019, listing 61 overdue payments to 61 micro and small suppliers. The latest return was filed on 29 May 2019.
Discovery Laboratories can be reached through the website discoverypharma.com. Its registered office is in Hyderabad, Telangana, India.