About Dr. Reddy's Formulations Limited
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Dr. Reddy's Formulations Limited is a public limited company based in Hyderabad, Telangana, India, a subsidiary of Dr Reddy's Laboratories Limited. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 11 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24299TG2021PLC149527. Its GSTIN is 37AAICD3722H1ZP (Andhra Pradesh).
The company has an authorised share capital of ₹20.05 Cr and a paid-up capital of ₹15.05 Cr. It is led by directors including Mannam Venkata Narasimham and Sanjay Sharma.
Its last annual general meeting (AGM) was held on 21 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 8 – 2 – 337 Road No. 3 Banjara Hills Beside Tv9 Office, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.27 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹11.18 Cr and EBITDA of -₹8.23 Cr.
The company has about 8 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
For more details, the company can be reached via its website drreddys.com.
Company details
Contact details
Dr. Reddy's Formulations Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address8 – 2 – 337 Road No. 3 Banjara Hills Beside Tv9 Office, Hyderabad, Telangana, India – 500034
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Dr. Reddy's Formulations 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
Financials of Dr. Reddy's Formulations Limited
FY 2025 filings availableDr. Reddy's Formulations Limited reported revenue of ₹5.27 Lakh (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 99% in the latest year. EBITDA fell 289% in the latest 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 |
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| EBITDA | -₹8.23 Cr | ||||
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| Net Profit (PAT) | -₹11.18 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Dr. Reddy's Formulations Limited, buy the company report.
Board of directors and KMP of Dr. Reddy's Formulations Limited
Dr. Reddy's Formulations Limited currently reports 3 directors and 1 key managerial person. 1 former director has served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mannam Venkata Narasimham | Director | 11 Mar 2021 | 5 Years 7 Months | Current |
| Sanjay Sharma Also directs: Sleepsanct Partners LLP | Director | 11 Mar 2021 | 5 Years 7 Months | Current |
| Jesal Agarwal Also directs: Aurigene Pharmaceutical Services Limited, Citizen's Electoral Trust, Dres Energy Private Limited and 1 more | Ceo | 01 Aug 2025 | 1 Years 2 Months | Current |
| Manivannan Ganesh | Director | 07 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Dr. Reddy's Formulations Limited is compared with the 10 companies closest to it by revenue in the FMCG industry (Formulations, Personal Care and Skin Care), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Provido Alserve Private Limited | ₹5.34 Lakh (FY 2025) | -10.0% | Indore, Madhya Pradesh, India | |||
| Leefino Pharmaceuticals India Private Limited | ₹5.33 Lakh (FY 2024) | Coimbatore, Tamil Nadu, India | ||||
| Melorganik Private Limited | ₹5.31 Lakh (FY 2024) | -80.0% | Pune, Maharashtra, India | |||
| Akhil Farma Limited | ₹5.29 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| G.M.Remedies Private Limited | ₹5.28 Lakh (FY 2025) | -4.0% | Punjab, India | |||
| Dr. Reddy's Formulations Limitedthis company | ₹5.27 Lakh (FY 2025) | -₹11.18 Cr | -99.0% | Hyderabad, Telangana, India | ||
| Jaks Suppliers Private Limited | ₹5.26 Lakh (FY 2021) | Mumbai, Maharashtra, India | ||||
| Everlyse Pharmaceuticals Private Limited | ₹5.25 Lakh (FY 2024) | -11.0% | Chandigarh, India | |||
| Access Pharmaceuticals Private Limited | ₹5.24 Lakh (FY 2025) | -98.0% | Ahmedabad, Gujarat, India | |||
| Amygdala Pharmaceutical Private Limited | ₹5.21 Lakh (FY 2025) | Barabani, West Bengal, India | ||||
| Nisaka Innovative Private Limited | ₹5.12 Lakh (FY 2025) | Siliguri, West Bengal, India |
To see the full peer comparison of Dr. Reddy's Formulations Limited, buy the company report.
Auditor
Dr. Reddy's Formulations Limited is audited by A Ramachandra Rao & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A Ramachandra Rao & Co | FY 2023 | 002857S |
Shareholding
The shareholding of Dr. Reddy's Formulations Limited is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Dr. Reddy's Formulations Limited, buy the company report.
Legal cases
Dr. Reddy's Formulations Limited has 1 court case on record: 1 filed by Dr. Reddy's Formulations. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Writ petition | Filed by the company against Eastern Power Distribution Company of Andhra Pradesh Limited (Apepdcl), and 1 other | Pending |
To see the full case history of Dr. Reddy's Formulations 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 Dr. Reddy's Formulations Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dr. Reddy's Formulations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAICD3722H1ZP | Andhra Pradesh | Active | 26 Apr 2023 |
To see the full GST registrations and return filing status of Dr. Reddy's Formulations Limited, buy the company report.
Recent activity
Dr. Reddy's Formulations Limited has 6 board changes on record since 2021: 5 appointments and 1 cessation. The latest: Jesal Agarwal was appointed as CEO on 01 Aug 2025.
News
Frequently asked questions
Dr. Reddy's Formulations is an active public limited company based in Hyderabad, Telangana, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 11 March 2021 (5+ years old) and is registered under CIN U24299TG2021PLC149527.
Dr. Reddy's Formulations has 4 current directors and KMP:
- Mannam Venkata Narasimham - Director
- Sanjay Sharma - Director
- Manivannan Ganesh - Director
- Jesal Agarwal - Ceo
The latest financial statements of Dr. Reddy's Formulations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 July 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Dr. Reddy's Formulations is 37AAICD3722H1ZP, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Dr. Reddy's Formulations is U24299TG2021PLC149527. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dr. Reddy's Formulations has 1 court case on record: 1 filed by the company. 1 is pending.
Dr. Reddy's Formulations was incorporated on 11 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Dr. Reddy's Formulations by revenue are Provido Alserve Private Limited, Leefino Pharmaceuticals India Private Limited, Melorganik Private Limited, Akhil Farma Limited, G.M.Remedies Private Limited and 5 more, all in the FMCG industry (Formulations, Personal Care and Skin Care).
Jesal Agarwal was appointed as CEO on 01 Aug 2025. Parag Agarwal ceased to be Director on 22 Aug 2024. Manivannan Ganesh was appointed as Director on 07 Jun 2024. Dr. Reddy's Formulations has 6 board changes on record in total.
Dr. Reddy's Formulations can be reached through the website drreddys.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Dr. Reddy's Formulations is at 8 – 2 – 337 Road No. 3 Banjara Hills Beside Tv9 Office, Hyderabad, Telangana, India – 500034.