About Flaring Formulations Private Limited
Data last updated:
Flaring Formulations Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 19 April 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24231TN1990PTC019072. Its GSTIN is 33AAACF6441P1ZG (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.56 Lakh. It is led by directors Viswanathan Shanmugasundaram (Managing Director) and Subramaniam Vishnu Gopi Rajagopalan (Whole-Time Director).
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.62 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹88,560 (net margin 0.2%) and EBITDA of ₹1.24 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹13.5 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website flaringformulations.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No.124(1) 1st Floor Surya Narayana Nilaiyam, 4th Street Sai Nagar Virugambakkam, Chennai, Tamil Nadu, India – 600092
- 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 Flaring Formulations Private Limited
The main business activity of Flaring Formulations is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Flaring Formulations Private Limited FY 2025 filings available
Flaring Formulations Private Limited reported revenue of ₹5.62 Cr (down 45% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Flaring Formulations Private Limited
Revenue fell 45% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 99% 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 Flaring Formulations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.24 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹88,560 | •••• | •••• | •••• | •••• |
| 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 Flaring Formulations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 Flaring Formulations 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 Flaring Formulations Private Limited
Flaring Formulations Private 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 |
|---|---|---|---|---|---|---|
| Karujha Private Limited | ₹5.65 Cr (FY 2025) | •••• | •••• | 83.0% | •••• | Hyderabad, Telangana, India |
| Susruta Lifesciences Private Limited | ₹5.65 Cr (FY 2024) | •••• | •••• | 81.0% | •••• | Chennai, Tamil Nadu, India |
| Bayard Pharmaceuticals Private Limited | ₹5.65 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Chennai, Tamil Nadu, India |
| Life Care Pharmaceuticals Private Limited | ₹5.65 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Nashik, Maharashtra, India |
| Winmark Pharmaceuticals Private Limited | ₹5.64 Cr (FY 2019) | •••• | •••• | 10732.0% | •••• | Mumbai, Maharashtra, India |
| Flaring Formulations Private Limited this company | ₹5.62 Cr (FY 2024) | •••• | •••• | -45.0% | •••• | Chennai, Tamil Nadu, India |
| Orig Pharmaceuticals Private Limited | ₹5.61 Cr (FY 2019) | •••• | •••• | 98.0% | •••• | Bangalore, Karnataka, India |
| Mendas Pharma Private Limited | ₹5.61 Cr (FY 2025) | •••• | •••• | 2829.0% | •••• | Vile Parle East, Mumbai, Maharashtra, India |
| Meone Healthcare Private Limited | ₹5.6 Cr (FY 2024) | •••• | •••• | 58.0% | •••• | Chennai, Tamil Nadu, India |
| Geniron Healthcare Private Limited | ₹5.6 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Whiz Laboratories (India) Private Limited | ₹5.6 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Ludhiana, Punjab, India |
Peers are the five companies nearest above and the five nearest below Flaring Formulations 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 Flaring Formulations Private Limited
Flaring Formulations Private Limited is audited by a v subbarao & co for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| a v subbarao & 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 Flaring Formulations Private Limited
Flaring Formulations has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramaniam Vishnu Gopi Rajagopalan | Whole-Time Director | 19 Apr 1990 | 36 Years 5 Months | Current |
| Viswanathan Shanmugasundaram Also directs: Baddi Print Packs Private Limited, Kinesis Laboratories Private Limited, Kinesis Pharmaceuticals Private Limited and 5 more | Managing Director | 02 Apr 2016 | 10 Years 6 Months | Current |
Ownership and Shareholding of Flaring Formulations Private 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 Flaring Formulations Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Feb 2011 | Indian Bank | ₹13 Lakh | Open |
| 23 Aug 1990 | Punjab National Bank | ₹50,000 | Open |
Total charge records: 2 View all charges
Legal Cases of Flaring Formulations Private Limited
Flaring Formulations Private Limited has 3 court cases on record: 3 filed by Flaring Formulations. All cases are disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Original application | Filed by the company against Pure and Cure Healthcare Private Limited | Disposed |
| Madras High Court | Appeal | Filed by the company against Pure and Cure Healthcare Private Limited | Disposed |
| Madras High Court | Court case (C.S(COMM DIV)) | Filed by the company against Pure and Cure Healthcare Private Limited | Disposed |
Full case history
All 3 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 Flaring Formulations Private Limited
Employment history and EPFO contributions of people linked to Flaring Formulations.
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.
Recent Activity on Flaring Formulations Private Limited
Flaring Formulations Private Limited has 6 board changes on record since 1990: 2 appointments and 4 cessations. The latest: Arumugam Olaganathan ceased to be Managing Director on 02 Apr 2016.
Credit Ratings, Litigation & Regulatory Alerts for Flaring Formulations Private 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 Flaring Formulations Private 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 Flaring Formulations Private 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 Flaring Formulations Private Limited
Flaring Formulations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACF6441P1ZG | Tamil Nadu | Active | 01 Jul 2017 |
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 Flaring Formulations Private 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 Flaring Formulations Private Limited
Flaring Formulations is an active private limited company based in Chennai, Tamil Nadu, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 19 April 1990 (36+ years old) and is registered under CIN U24231TN1990PTC019072.
Flaring Formulations reported revenue of ₹5.62 Cr for FY 2024 (down 45% YoY).
Flaring Formulations has 2 current directors:
- Viswanathan Shanmugasundaram - Managing Director
- Subramaniam Vishnu Gopi Rajagopalan - Whole-Time Director
Flaring Formulations reported a net profit of ₹88,560 (net margin 0.2%) and EBITDA of ₹1.24 Lakh (EBITDA margin 0.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Flaring Formulations is 10% over three years and 4% over five years. In the latest year (FY 2024) revenue fell 45%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Flaring Formulations is 33AAACF6441P1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Flaring Formulations is U24231TN1990PTC019072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flaring Formulations has 3 court cases on record: 3 filed by the company.
Flaring Formulations was incorporated on 19 April 1990, making it 36+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Flaring Formulations by revenue are Karujha Private Limited, Susruta Lifesciences Private Limited, Bayard Pharmaceuticals Private Limited, Life Care Pharmaceuticals Private Limited, Winmark Pharmaceuticals Private Limited and 5 more, all in the Pharma industry (Formulations).
Arumugam Olaganathan ceased to be Managing Director on 02 Apr 2016. Viswanathan Shanmugasundaram was appointed as Managing Director on 02 Apr 2016. Rajendran Rathina ceased to be Additional Director on 05 Dec 2009. Flaring Formulations has 6 board changes on record in total.