About Ecologic Chemicals Limited
Data last updated:
Ecologic Chemicals Limited was a public limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 31 January 2008.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24232TG2008PLC057391. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹75 Cr and a paid-up capital of ₹74.2 Cr. It was formerly known as Ecologic Chemicals Private Limited and Macred India Private Limited. It was led by directors including Venu Gopal Reddy Malireddy (Managing Director) and Chillakuru Udaya Kumar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 8 – 2 – 672/E Plot No: 143 Road No: 13 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.57 Cr. For the same year it recorded a net profit of ₹4.56 Cr (net margin 99.9%) and EBITDA of -₹59,680 (EBITDA margin -0.1%). Revenue has grown at a compounded annual rate (CAGR) of 135% over three years and 7% over five years.
As per MCA filings, the company had satisfied charges of ₹140.5 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company.
The last known website on record is drreddys.com.
Company details
Name history
Ecologic Chemicals has undergone 2 name changes throughout its history. The company was previously known as Ecologic Chemicals Private Limited, and Macred India Private Limited. The current legal name is Ecologic Chemicals Limited.
| Company Name | Status |
|---|---|
| Ecologic Chemicals Limited | Current |
| Ecologic Chemicals Private Limited | Previous |
| Macred India Private Limited | Previous |
CIN history
Ecologic Chemicals has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24232TG2008PLC057391, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24232TG2008PLC057391 | Current |
| U24232AP2008PLC057391 | Previous |
| U24232AP2008PTC057391 | Previous |
Contact details
Ecologic Chemicals 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 – 672/E Plot No: 143 Road No: 13 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryPharma, API Manufacturers
To see the full contact details of Ecologic Chemicals 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 Ecologic Chemicals Limited
FY 2021 filings availableEcologic Chemicals Limited reported revenue of ₹4.57 Cr for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.57 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹59,680 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.56 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.1% | ||||
| Net Profit Margin | 99.9% | ||||
| 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 Ecologic Chemicals Limited, buy the company report.
Board of directors of Ecologic Chemicals Limited
Ecologic Chemicals has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chillakuru Udaya Kumar Also directs: Fig Cube LLP | Director | 28 Sep 2019 | 7 Years 1 Months | As last reported |
| Ravi Sekhar Reddy Nandipati | Director | 31 Mar 2015 | 11 Years 6 Months | As last reported |
| Venu Gopal Reddy Malireddy | Managing Director | 05 Mar 2020 | 6 Years 7 Months | As last reported |
| Vinod Kumar Reddy Katam Reddy Also directs: Wildora Film Private Limited | Director | 28 Sep 2019 | 7 Years 1 Months | As last reported |
| Raghu Cidambi Also directs: Margadarsi Securities Private Limited | Director | 31 Jan 2008 | 18 Years 8 Months | As last reported |
Auditor
Ecologic Chemicals Limited is audited by A RAMACHANDRA RAO & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A RAMACHANDRA RAO & CO | FY 2017 | 002857S |
Shareholding
The shareholding of Ecologic Chemicals 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 Ecologic Chemicals Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 May 2011 | 10292504 | State Bank of India | ₹140.5 Cr | Satisfied |
To see the full charge records of Ecologic Chemicals Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ecologic Chemicals Limited has 6 court cases on record: 6 filed by Ecologic Chemicals. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against individuals | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against individuals | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against individuals | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Government of Andhra Pradesh, and 2 others | Disposed |
| High Court | Writ petition | Filed by the company against Government of Andhra Pradesh, and 2 others | Disposed |
To see the full case history of Ecologic Chemicals 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 Ecologic Chemicals Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ecologic Chemicals has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ecologic Chemicals Limited, buy the company report.
Recent activity
Ecologic Chemicals Limited has 14 board changes on record since 2008: 5 appointments and 9 cessations. The latest: Venu Gopal Reddy Malireddy was appointed as Managing Director on 05 Mar 2020.
8 earlier events are in the company report.
Frequently asked questions
Ecologic Chemicals has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Ecologic Chemicals was a public limited company based in Hyderabad, Telangana, India. The company worked in api manufacturers, within the pharma industry. It was incorporated on 31 January 2008 and is registered under CIN U24232TG2008PLC057391. The company has been struck off by the Registrar of Companies and is no longer operational.
Ecologic Chemicals had 5 directors:
- Venu Gopal Reddy Malireddy - Managing Director
- Chillakuru Udaya Kumar - Director
- Ravi Sekhar Reddy Nandipati - Director
- Vinod Kumar Reddy Katam Reddy - Director
- Raghu Cidambi - Director
The CIN (Corporate Identification Number) of Ecologic Chemicals is U24232TG2008PLC057391. 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 Ecologic Chemicals is at 8 – 2 – 672E Plot No: 143 Road No: 13 Banjara Hills, Hyderabad, Telangana, India – 500034.
Ecologic Chemicals was incorporated on 31 January 2008. It is registered with the Registrar of Companies, Hyderabad.
Ecologic Chemicals can be reached through the website drreddys.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Ecologic Chemicals on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Ecologic Chemicals has 2 GST registrations on record and all of them are cancelled or inactive.
Ecologic Chemicals operated in the pharma industry, in the api manufacturers segment. It worked in this industry before it was struck off.