MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0045628
Formel Labs Private Limited - pharma in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.6 Cr
▲ 0% YoY
Net loss · FY 2025
₹6.87 Cr
Net margin -429.7%
EBITDA · FY 2025
-₹4.82 Cr
EBITDA margin -301.4%
Authorised capital
₹52.92 Cr
Registered with MCA
Paid-up capital
₹47.92 Cr
Issued & subscribed
Open charges
₹68.39 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
24
Provident fund records
About Formel Labs Private Limited
Data last updated:
Formel Labs Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 30 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24290TG2020PTC141247. Its GSTIN is 36AAECF1165G1ZU (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹52.92 Cr and a paid-up capital of ₹47.92 Cr. It is led by directors including Dandamudi Anitha and Srikrishna Vardhan Vankayalapati.
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 H No.8 – 2 – 502/1/A 1st Floor Jivi Towers Road No.7 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.6 Cr. For the same year it recorded a net loss of ₹6.87 Cr (net margin -429.7%) and EBITDA of -₹4.82 Cr (EBITDA margin -301.4%).
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Formel Labs. As per MCA filings, the company has open charges of ₹68.39 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
Formel Labs Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0045628). For more details, the company can be reached via its website formellabs.com.
Company details
CIN U24290TG2020PTC141247
Registration Number 141247
Incorporation Date 30 June 2020
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-TS-02-0045628
Key People
Dandamudi Anitha Director Srikrishna Vardhan Vankayalapati Director Raviprasad Talluru Director Recognitions & Rankings of Formel Labs
Contact details
Formel Labs Private Limited's registered office is in Hyderabad, Telangana. Its website is formellabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH No.8 – 2 – 502/1/A 1st Floor Jivi Towers Road No.7 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryPharma, API Manufacturers
To see the full contact details of Formel Labs Private Limited, buy the company report.
Comprehensive company report
Formel Labs Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Formel Labs operates one associated brand: Formel Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical manufacturing of APIs and intermediates with a focus on GMP standards in India. | formellabs.com |
Financials of Formel Labs Private Limited
FY 2025 filings availableFormel Labs Private Limited reported revenue of ₹1.6 Cr for FY 2025.
Revenue · FY 2025
₹1.6 Cr
Net loss · FY 2025
₹6.87 Cr margin -429.7%
EBITDA · FY 2025
-₹4.82 Cr margin -301.4%
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.6 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.87 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -301.4% | ||||
| Net Profit Margin | -429.7% | ||||
| 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 Formel Labs Private Limited, buy the company report.
Board of directors of Formel Labs Private Limited
Formel Labs has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dandamudi Anitha Also directs: Krishna Institute of Medical Sciences Limited, Bscpl Infrastructure Limited, Sri BK and BS Realtors Private Limited and 4 more | Director | 30 Jun 2020 | 6 Years 3 Months | Current |
| Srikrishna Vardhan Vankayalapati | Director | 30 Jun 2020 | 6 Years 3 Months | Current |
| Raviprasad Talluru Also directs: Anitha Housing Private Limited, Sri SCL Infratech Limited, Krishnaiah Dreamlands Private Limited and 5 more | Director | 30 Jun 2020 | 6 Years 3 Months | Current |
| Venkat Akshay Dandamudi Also directs: Charan & Akshay LLP, Krishnaiah Projects Private Limited | Director | 30 Jun 2020 | 6 Years 3 Months | Current |
| Sricharan Damavarapu | Director | 30 Jun 2020 | 6 Years 3 Months | Current |
Peer comparison
Formel Labs Private Limited is compared with the 10 companies closest to it by revenue in the Pharma industry (API Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Turtle Pharma Private Limited | ₹1.71 Cr (FY 2025) | -43.0% | Mumbai, Maharashtra, India | |||
| Seine Pharma Private Limited | ₹1.71 Cr (FY 2024) | -34.0% | Hyderabad, Telangana, India | |||
| Alentris Research Private Limited | ₹1.65 Cr (FY 2025) | 34.0% | Dehgam, Gujarat, India | |||
| Opili Chem Private Limited | ₹1.62 Cr (FY 2025) | 35.0% | Hyderabad, Telangana, India | |||
| Previpharma India Private Limited | ₹1.61 Cr (FY 2025) | 99.0% | Hyderabad, Telangana, India | |||
| Formel Labs Private Limitedthis company | ₹1.6 Cr (FY 2025) | -₹6.87 Cr | -429.7% | 24 | Hyderabad, Telangana, India | |
| SGMR Pharmaceuiticals Private Limited | ₹1.6 Cr (FY 2025) | -35.0% | Hyderabad, Telangana, India | |||
| Epione Labs Private Limited | ₹1.58 Cr (FY 2021) | -61.0% | Hyderabad, Telangana, India | |||
| Alphahex Pharmachem Private Limited | ₹1.57 Cr (FY 2025) | 11573.0% | Badlapur, Maharashtra, India | |||
| Bulat Pharmaceutical Private Limited | ₹1.52 Cr (FY 2019) | 31908.0% | New Delhi, Delhi, India | |||
| Kemio Solutions Private Limited | ₹1.52 Cr (FY 2024) | -7.0% | Dod Ballapur, Karnataka, India |
To see the full peer comparison of Formel Labs Private Limited, buy the company report.
Auditor
Formel Labs Private Limited is audited by RAMU & RAVI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMU & RAVI | FY 2023 | 006610S |
Shareholding
The shareholding of Formel Labs Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Formel Labs Private Limited, buy the company report.
Charges & borrowings
Open charges
₹68.39 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jul 2026 | 101355290 | State Bank of India | ₹1.39 Cr | Open | |
| 07 Nov 2025 | 101193480 | State Bank of India | ₹12 Cr | Open | |
| 13 Jul 2023 | 100758010 | State Bank of India | ₹55 Cr | Open |
To see the full charge records of Formel Labs Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Formel Labs Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed against the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Kaival Chemicals Pvt.Ltd Director Viralkumar Maganbhai Ghadiya | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Indo Amines Ltd Through Authorized Representative Mr Narayan Ganpat Mane | Pending |
| District court, Vadodara, Gujarat | Court case (CR EN) | Filed against the company by Kaival Chemicals Pvt.Ltd Director Viralkumar Maganbhai Ghadiya | Disposed |
To see the full case history of Formel Labs Private 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 Formel Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Formel Labs Private Limited has a workforce of 24 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
24
Active EPFO establishments
1
Employee growth
-14.29%
GST
Formel Labs has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECF1165G1ZU | Telangana | Active | 28 Jul 2021 |
| 29AAECF1165G1ZP | Karnataka | Active | 30 Oct 2021 |
To see the full GST registrations and return filing status of Formel Labs Private Limited, buy the company report.
Recent activity
Formel Labs Private Limited has 5 board changes on record since 2020: 5 appointments. The latest: Dandamudi Anitha was appointed as Director on 30 Jun 2020.
Charges
A charge with State Bank Of India amounted to Rs. 1.39 Cr with Charge ID 101355290 was registered on 21 Jul 2026.
Charges
A charge with State Bank Of India amounted to Rs. 12.00 Cr with Charge ID 101193480 was registered on 07 Nov 2025.
AGM
Formel Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Formel Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with State Bank Of India of Rs. 55.00 Cr registered on 13 Jul 2023 with Charge ID 100758010 was modified on 14 Jul 2023.
Charges
A charge with State Bank Of India amounted to Rs. 55.00 Cr with Charge ID 100758010 was registered on 13 Jul 2023.
Appointed
Dandamudi Anitha was appointed as Director.
Appointed
Raviprasad Talluru was appointed as Director.
Appointed
Sricharan Damavarapu was appointed as Director.
Appointed
Srikrishna Vardhan Vankayalapati was appointed as Director.
Appointed
Venkat Akshay Dandamudi was appointed as Director.
Incorporation
30 Jun 2020
Formel Labs Private Limited was registered on 30 Jun 2020 with Roc Hyderabad & aged 6 years 3 months as per MCA records.
Frequently asked questions
Formel Labs is an active private limited company based in Hyderabad, Telangana, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 30 June 2020 (6+ years old) and is registered under CIN U24290TG2020PTC141247.
Formel Labs has 5 current directors:
- Dandamudi Anitha - Director
- Srikrishna Vardhan Vankayalapati - Director
- Raviprasad Talluru - Director
- Venkat Akshay Dandamudi - Director
- Sricharan Damavarapu - Director
The latest financial statements of Formel Labs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Formel Labs is 36AAECF1165G1ZU, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAECF1165G1ZP (Karnataka).
The CIN (Corporate Identification Number) of Formel Labs is U24290TG2020PTC141247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Formel Labs has 3 court cases on record: 3 filed against it. 2 are pending.
Formel Labs was incorporated on 30 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Formel Labs by revenue are Turtle Pharma Private Limited, Seine Pharma Private Limited, Alentris Research Private Limited, Opili Chem Private Limited, Previpharma India Private Limited and 5 more, all in the Pharma industry (API Manufacturers).
Dandamudi Anitha was appointed as Director on 30 Jun 2020. Raviprasad Talluru was appointed as Director on 30 Jun 2020. Sricharan Damavarapu was appointed as Director on 30 Jun 2020. Formel Labs has 5 board changes on record in total.
Yes, Formel Labs is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0045628).
Formel Labs can be reached through the website formellabs.com. Its registered office is in Hyderabad, Telangana, India.