MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0009909
Elder Prroject Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹129.37 Cr
▲ 18% YoY
Net loss · FY 2022
₹1.97 Cr
Net margin -1.5%
EBITDA · FY 2022
-₹67.1 Lakh
EBITDA margin -0.5%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹3.23 Cr
Issued & subscribed
Open charges
₹13.12 Cr
Satisfied ₹63.86 Cr
Company age
21 yrs
Est. 2005
Directors on board
3
As per MCA filings
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 20 cases involving the company, including 8 filed by the company and 12 filed against it; 15 cases are pending.
Elder Prroject Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0009909). 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.
Company details
CIN U74140MH2005PLC151865
Registration Number 151865
Incorporation Date 09 March 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0009909
CIN history
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 |
Recognitions & Rankings of Elder Prroject
Contact details
Elder Prroject Limited's registered office is in Mumbai, Maharashtra. Its website is elder-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address301 – 302 3rd Floor Plot No. 174 Kunthu Commerce Centre Bangur Nagar Gore, Gaon West, Mumbai, Maharashtra, India – 400090
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Elder Prroject Limited, buy the company report.
Comprehensive company report
Elder Prroject Limited - one report that includes everything
- 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
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Business activity
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 | 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 Elder Prroject Limited, buy the company report.
Financials of Elder Prroject Limited
FY 2022 filings availableElder Prroject Limited reported revenue of ₹129.37 Cr (up 18% YoY) for FY 2022.
Revenue · FY 2022
₹129.37 Cr ▲ 18%
Net loss · FY 2022
₹1.97 Cr margin -1.5%
EBITDA · FY 2022
-₹67.1 Lakh margin -0.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▲ 82%
3 years · compounded
▲ 46%
5 years · compounded
▲ 4%
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Elder Prroject Limited, buy the company report.
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.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayan Rane | Director | 15 Feb 2024 | 2 Years 8 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 10 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 | 5 Years 0 Months | Current |
Peer comparison
Elder Prroject Limited is compared with the 8 companies closest to it by revenue in the Pharma industry (Formulations), 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 |
|---|---|---|---|---|---|---|
| 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 | |||
| 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 Limitedthis company | ₹129.37 Cr (FY 2022) | -₹1.97 Cr | -1.5% | 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% | Vadodara, Gujarat, India | |||
| Encore Healthcare Private Limited | ₹128.04 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Elder Prroject Limited, buy the company report.
Auditor
Elder Prroject Limited is audited by SHYAM C. AGRAWAL & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHYAM C. AGRAWAL & CO. | FY 2022 | 0110243W |
Shareholding
The shareholding of Elder Prroject Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Elder Prroject Limited, buy the company report.
Charges & borrowings
Open charges
₹13.12 Cr
Satisfied charges
₹63.86 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 2020 | 100387506 | Others | ₹2.68 Cr | Open | |
| 25 May 2018 | 100187485 | Others | ₹10 Cr | Open | |
| 01 Mar 2007 | 10045646 | The North Kanara G. S. B. Co-Op. Bank Ltd. | ₹12 Lakh | Open | |
| 01 Mar 2007 | 10049277 | The North Kanara G. S. B. Co-Op. Bank Ltd. | ₹32.5 Lakh | Open | |
| 29 Mar 2014 | 10491356 | Nkgsb Co-Op. Bank Ltd | ₹8.25 Cr | Satisfied |
To see the full charge records of Elder Prroject Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Elder Prroject Limited has 20 court cases on record: 8 filed by Elder Prroject, 12 filed against it. 15 cases are pending and 5 are disposed.
Total cases
20
Filed by the company
8
Filed against the company
12
Pending
15
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 6 | 8 |
| High courts | 10 | 6 | 7 |
Cases on record (5 of 20)
| 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 Orgichem Private Limited | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Elder Drugs and Pharmaceutical Private Limited | Pending |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed against the company by Elder Orgichem Pvt Ltd | Disposed |
| High Court of Delhi | Commercial suit | Filed by the company against Elder Drugs and Pharmaceutical Private Limited | Disposed |
To see the full case history of Elder Prroject 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 Elder Prroject Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Elder Prroject has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE7387B2ZN | Maharashtra | Active | 04 Aug 2017 |
| 24AAACE7387B1ZU | Gujarat | Active | 24 Apr 2019 |
| 07AAACE7387B1ZQ | Delhi | Active | 25 Jul 2023 |
To see the full GST registrations and return filing status of Elder Prroject Limited, buy the company report.
Recent activity
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.
Ceased
Narayan Rane ceased to be Additional Director.
Appointed
Narayan Rane was appointed as Director.
Appointed
Santosh Lavu Rane was appointed as Additional Director.
AGM
Elder Prroject Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Elder Prroject Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Charges
A charge with Others of Rs. 2.68 Cr registered on 21 Oct 2020 with Charge ID 100387506 was modified on 21 Dec 2021.
Appointed
Anuj Jagdish Saxena was appointed as Director.
Ceased
Sharadkumari Prabhakar Rao ceased to be Director.
Charges
A charge with Others amounted to Rs. 2.68 Cr with Charge ID 100387506 was registered on 21 Oct 2020.
Ceased
Anshita Alok Saxena ceased to be Additional Director.
Ceased
Anshul Alok Saxena ceased to be Director.
Ceased
Iyer Premkumar Rajan ceased to be Company Secretary.
24 earlier events are in the company report.
Frequently asked questions
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 has 3 current directors:
- Narayan Rane - Director
- Santosh Lavu Rane - Additional Director
- Anuj Jagdish Saxena - Director
The latest financial statements of Elder Prroject on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
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 20 court cases on record: 8 filed by the company and 12 filed against it. 15 are pending. Most are in the district 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, Prosperity Drugs Private Limited, Dey's Medical Stores (Manufacturing) Ltd, Maxim Pharmaceuticals Private Limited and 3 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
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.
Yes, Elder Prroject is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0009909).
Elder Prroject can be reached through the website elder-india.com. Its registered office is in Mumbai, Maharashtra, India.
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