About Elder Prroject Limited
Data last updated:
Elder Prroject Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 09 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2005PLC151865. Its GSTIN is 27AAACE7387B2ZN (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.23 Cr. It was formerly known as Elder Projects Limited. It is led by directors including Narayan Rane and Anuj Jagdish Saxena.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹129.37 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹1.97 Cr (net margin -1.5%) and EBITDA of -₹67.1 Lakh (EBITDA margin -0.5%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
As per MCA filings, the company has open charges of ₹13.12 Cr and satisfied charges of ₹63.86 Cr on record. Court records list 15 cases involving the company, including 8 filed by the company and 7 filed against it; 11 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elder-india.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address301 – 302 3rd Floor Plot No. 174 Kunthu Commerce Centre Bangur Nagar Gore, Gaon West, Mumbai, Maharashtra, India – 400090
- IndustryPharma, Drug Formulation & Development
- 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
- One PDF report, delivered after checkout
Business Activity of Elder Prroject Limited
The main business activity of Elder Prroject is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Elder Prroject Limited FY 2022 filings available
Elder Prroject Limited reported revenue of ₹129.37 Cr (up 18% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Elder Prroject Limited
Revenue rose 18% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA rose 82% 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 of Elder Prroject Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹129.37 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹67.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.97 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 of Elder Prroject Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Elder Prroject are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Elder Prroject Limited
Elder Prroject Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saimirra Innopharm Private Limited | ₹132.6 Cr (FY 2025) | •••• | •••• | 65.0% | •••• | Chennai, Tamil Nadu, India |
| Bengal Chemicals and Pharmaceuticals Ltd | ₹132.57 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Kolkata, West Bengal, India |
| Agron Remedies Private Limited | ₹132.51 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | New Delhi, Delhi, India |
| Prosperity Drugs Private Limited | ₹131.43 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Solan, Himachal Pradesh, India |
| Dey's Medical Stores (Manufacturing) Ltd | ₹130.35 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Kolkata, West Bengal, India |
| Elder Prroject Limited this company | ₹129.37 Cr (FY 2022) | •••• | •••• | 18.0% | •••• | Mumbai, Maharashtra, India |
| Maxim Pharmaceuticals Private Limited | ₹129.31 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Pune, Maharashtra, India |
| Koye Pharmaceuticals Private Limited | ₹129.09 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Centurion Remedies Private Limited | ₹128.35 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Baroda, Gujarat, India |
| Encore Healthcare Private Limited | ₹128.04 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Eysys Pharmaceutical Private Limited | ₹127.19 Cr (FY 2024) | •••• | •••• | 40.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Elder Prroject by revenue in the Pharma industry (Formulations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Elder Prroject Limited
Elder Prroject Limited is audited by SHYAM C. AGRAWAL & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHYAM C. AGRAWAL & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Elder Prroject Limited
Elder Prroject has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayan Rane | Director | 15 Feb 2024 | 2 Years 7 Months | Current |
| Santosh Lavu Rane Also directs: Redle Pharmaceuticals Private Limited, Ewf Pharmaceuticals Private Limited, Apricot Capitals Private Limited and 5 more | Additional Director | 10 Dec 2022 | 3 Years 9 Months | Current |
| Anuj Jagdish Saxena Also directs: Redle Pharmaceuticals Private Limited, Elder Bioleafage Healthcare Private Limited, Ewf Pharmaceuticals Private Limited and 5 more | Director | 02 Nov 2021 | 4 Years 11 Months | Current |
Ownership and Shareholding of Elder Prroject Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Elder Prroject Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2020 | Others | ₹2.68 Cr | Open |
| 25 May 2018 | Others | ₹10 Cr | Open |
| 01 Mar 2007 | The North Kanara G. S. B. Co-Op. Bank Ltd. | ₹12 Lakh | Open |
| 01 Mar 2007 | The North Kanara G. S. B. Co-Op. Bank Ltd. | ₹32.5 Lakh | Open |
| 29 Mar 2014 | Nkgsb Co-Op. Bank Ltd | ₹8.25 Cr | Satisfied |
Total charge records: 10 View all charges
Legal Cases of Elder Prroject Limited
Elder Prroject Limited has 15 court cases on record: 8 filed by Elder Prroject, 7 filed against it. 11 cases are pending and 4 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 6 | 7 |
| District courts | 5 | 1 | 4 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (C.O.(COMM.IPD-CR)) | Filed against the company by Elder Remedies Limited | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Elder Drugs & Pharmaceutical Private Limited | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Elder Orgichem Private Limited | Pending |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed against the company by Elder Orgichem Private Limited | Disposed |
| High Court of Delhi | Commercial suit | Filed by the company against Elder Drugs & Pharmaceutical Private Limited | Disposed |
Full case history
All 15 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Elder Prroject Limited
Employment history and EPFO contributions of people linked to Elder Prroject.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Elder Prroject Limited
Elder Prroject has one previous CIN (Corporate Identification Number): L74140MH2005PLC151865. The current CIN is U74140MH2005PLC151865, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140MH2005PLC151865 | Current |
| L74140MH2005PLC151865 | Previous |
Recent Activity on Elder Prroject Limited
Elder Prroject Limited has 16 board changes on record since 2013: 3 appointments and 13 cessations. The latest: Narayan Rane ceased to be Additional Director on 29 Sep 2024.
24 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Elder Prroject Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Elder Prroject Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Elder Prroject Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Elder Prroject Limited
Elder Prroject has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE7387B2ZN | Maharashtra | Active | 04 Aug 2017 |
| 24AAACE7387B1ZU | Gujarat | Active | 24 Apr 2019 |
| 07AAACE7387B1ZQ | Delhi | Active | 25 Jul 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Elder Prroject Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Elder Prroject Limited
Elder Prroject is an active public limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 09 March 2005 (21+ years old) and is registered under CIN U74140MH2005PLC151865.
Elder Prroject reported revenue of ₹129.37 Cr for FY 2022 (up 18% YoY).
Elder Prroject has 3 current directors:
- Narayan Rane - Director
- Santosh Lavu Rane - Additional Director
- Anuj Jagdish Saxena - Director
Elder Prroject reported a net loss of ₹1.97 Cr (net margin -1.5%) and EBITDA of -₹67.1 Lakh (EBITDA margin -0.5%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Elder Prroject is -11% over three years. In the latest year (FY 2022) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Elder Prroject is 27AAACE7387B2ZN, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACE7387B1ZU (Gujarat), 07AAACE7387B1ZQ (Delhi).
The CIN (Corporate Identification Number) of Elder Prroject is U74140MH2005PLC151865. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elder Prroject has 15 court cases on record: 8 filed by the company and 7 filed against it. 11 are pending. Most are in the high courts.
Elder Prroject was incorporated on 09 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Elder Prroject by revenue are Saimirra Innopharm Private Limited, Bengal Chemicals and Pharmaceuticals Ltd, Agron Remedies Private Limited, Prosperity Drugs Private Limited, Dey's Medical Stores (Manufacturing) Ltd and 5 more, all in the Pharma industry (Formulations).
Narayan Rane ceased to be Additional Director on 29 Sep 2024. Narayan Rane was appointed as Director on 15 Feb 2024. Santosh Lavu Rane was appointed as Additional Director on 10 Dec 2022. Elder Prroject has 16 board changes on record in total.