About Forel Labs Private Limited
Data last updated:
Forel Labs Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 04 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24232TG2011PTC074271. Its GSTIN is 36AABCF7316A1Z4 (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It is led by directors Siva Rama Krishna Prasad Kodeboyina (Managing Director) and Kotte Veera Venkateswara Rao.
Its last annual general meeting (AGM) was held on 31 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 37 – Ground Floor Rao & Raju Colony Road No. 2 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.05 Cr, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹2.85 Lakh (net margin -1.4%) and EBITDA of -₹93,759 (EBITDA margin -0.5%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 24% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Forel Labs. As per MCA filings, the company has satisfied charges of ₹26.5 Cr on record. Court records list 12 cases involving the company, including 2 filed by the company and 8 filed against it; 6 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 forellabs.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 37 – Ground Floor Rao & Raju Colony Road No. 2 Banjara Hills, Hyderabad, Telangana, India – 500034
- 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 Forel Labs Private Limited
The main business activity of Forel Labs 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 Forel Labs Private Limited FY 2025 filings available
Forel Labs Private Limited reported revenue of ₹2.05 Cr (down 87% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Forel Labs Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 87% fall in the latest year. EBITDA fell 100% 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 Forel Labs 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 | -₹93,759 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.85 Lakh | •••• | •••• | •••• | •••• |
| 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 Forel Labs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.4% | •••• | •••• | •••• | •••• |
| 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 Forel Labs 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 Forel Labs Private Limited
Forel Labs 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 |
|---|---|---|---|---|---|---|
| Nine Labs Private Limited | ₹2.08 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Hyderabad, Telangana, India |
| Matrubhumi Chemical Private Limited | ₹2.08 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Malegaon, Maharashtra, India |
| Macromed Pharmaceuticals Private Limited | ₹2.07 Cr (FY 2020) | •••• | •••• | -1.0% | •••• | Puducherry, India |
| Iressia Life Sciences Private Limited | ₹2.07 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Vapi, Gujarat, India |
| Morphil Health Care Private Limited | ₹2.07 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Patna, Bihar, India |
| Forel Labs Private Limited this company | ₹2.05 Cr (FY 2024) | •••• | •••• | -87.0% | •••• | Hyderabad, Telangana, India |
| Zotoxa Pharma Private Limited | ₹2.05 Cr (FY 2024) | •••• | •••• | -72.0% | •••• | Kalol, Gujarat, India |
| Precilab Reagents & Chemicals Private Limited | ₹2.05 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Navi Mumbai, Maharashtra, India |
| Ojana Pharmaceutical Private Limited | ₹2.05 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Kaithal, Haryana, India |
| Jeerima Biocare Private Limited | ₹2.05 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Nagpur, Maharashtra, India |
| Healthridge Pharmaceuticals Private Limited | ₹2.05 Cr (FY 2023) | •••• | •••• | 1.0% | •••• | Panchkula, Haryana, India |
Peers are the five companies nearest above and the five nearest below Forel Labs 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 Forel Labs Private Limited
Forel Labs Private Limited is audited by Spad & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Spad & Associates | 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 Forel Labs Private Limited
Forel Labs has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siva Rama Krishna Prasad Kodeboyina Also directs: Amrithani Enterprises Private Limited | Managing Director | 10 Mar 2018 | 8 Years 7 Months | Current |
| Kotte Veera Venkateswara Rao | Director | 04 May 2011 | 15 Years 5 Months | Current |
Ownership and Shareholding of Forel Labs 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 Forel Labs Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2012 | Others | ₹26.5 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Forel Labs Private Limited
Forel Labs Private Limited has 12 court cases on record: 2 filed by Forel Labs, 8 filed against it, 2 where it is another party. 6 cases are pending and 6 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 7 | 3 |
| High courts | 3 | 1 | 3 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Arbitration matter | Filed against the company by Deccan Remedies Ltd | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against Deccan Remedies Ltd | Pending |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against Vannsh Life Sciences Private Limited | Pending |
| District court, BENGALURU RURAL, Karnataka | Criminal miscellaneous application | Filed against the company by Uv Asset Reconstruction Company Limited | Disposed |
| District court, Central, Delhi | Criminal case | Filed against the company by Bahubali Enterprises Private Limited | Disposed |
Full case history
All 12 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.
Associated Brands with Forel Labs Private Limited
Forel Labs operates one associated brand: Forel Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures generic APIs for pharmaceutical use with quality assurance. | forellabs.com |
Employees and EPFO Compliance at Forel Labs Private Limited
Forel Labs Private Limited has a workforce of 3 employees as of Mar 31, 2024.
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 Forel Labs Private Limited
Forel Labs has one previous CIN (Corporate Identification Number): U24232AP2011PTC074271. The current CIN is U24232TG2011PTC074271, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24232TG2011PTC074271 | Current |
| U24232AP2011PTC074271 | Previous |
Recent Activity on Forel Labs Private Limited
Forel Labs Private Limited has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Kodeboyina Naga Jayalakshmi ceased to be Director on 22 Feb 2021.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Forel Labs 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 Forel Labs 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 Forel Labs 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 Forel Labs Private Limited
Forel Labs has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCF7316A1Z4 | Telangana | Active | 01 Jul 2017 |
| 37AABCF7316A1Z2 | Andhra Pradesh | 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 Forel Labs 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 Forel Labs Private Limited
Forel Labs is an active private limited company based in Hyderabad, Telangana, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 04 May 2011 (15+ years old) and is registered under CIN U24232TG2011PTC074271.
Forel Labs reported revenue of ₹2.05 Cr for FY 2024 (down 87% YoY).
Forel Labs has 2 current directors:
- Siva Rama Krishna Prasad Kodeboyina - Managing Director
- Kotte Veera Venkateswara Rao - Director
Forel Labs reported a net loss of ₹2.85 Lakh (net margin -1.4%) and EBITDA of -₹93,759 (EBITDA margin -0.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Forel Labs is -47% over three years and -24% over five years. In the latest year (FY 2024) revenue fell 87%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Forel Labs is 36AABCF7316A1Z4, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AABCF7316A1Z2 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Forel Labs is U24232TG2011PTC074271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forel Labs has 12 court cases on record: 2 filed by the company and 8 filed against it. 6 are pending. Most are in the district courts.
Forel Labs was incorporated on 04 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Forel Labs by revenue are Nine Labs Private Limited, Matrubhumi Chemical Private Limited, Macromed Pharmaceuticals Private Limited, Iressia Life Sciences Private Limited, Morphil Health Care Private Limited and 5 more, all in the Pharma industry (Formulations).
Kodeboyina Naga Jayalakshmi ceased to be Director on 22 Feb 2021. Christopher Newton Benny Job Devairakkam ceased to be Additional Director on 31 Dec 2020. Siva Rama Krishna Prasad Kodeboyina was appointed as Managing Director on 10 Mar 2018. Forel Labs has 8 board changes on record in total.