MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0015675
Franklin Laboratories India Pvt Ltd - pharma in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹22.76 Cr
▼ 5% YoY
Net profit · FY 2025
₹41.43 Lakh
Net margin 1.8%
EBITDA · FY 2025
₹2.48 Cr
EBITDA margin 10.9%
Authorised capital
₹1.05 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹7.5 Cr
Satisfied ₹9.09 Cr
Company age
60 yrs
Est. 1966
Employees · EPFO
89
Provident fund records
About Franklin Laboratories India Pvt Ltd
Data last updated:
Franklin Laboratories India Pvt Ltd is a private limited company based in Ludhiana, Punjab, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 27 October 1966 and has been in existence for over 60 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24231PB1966PTC002676. Its GSTIN is 03AAACF2313C1ZN (Punjab). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Anju Thapar and Akshay Sareen.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Maharani Jhansi Roadghuman Mandi Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.76 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹41.43 Lakh (net margin 1.8%) and EBITDA of ₹2.48 Cr (EBITDA margin 10.9%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
The company has about 89 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.5 Cr and satisfied charges of ₹9.09 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
Franklin Laboratories India Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0015675). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website franklinlab.in.
Company details
CIN U24231PB1966PTC002676
Registration Number 002676
Incorporation Date 27 October 1966
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0015675
Recognitions & Rankings of Franklin Laboratories India
Contact details
Franklin Laboratories India Pvt Ltd's registered office is in Ludhiana, Punjab. Its website is franklinlab.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMaharani Jhansi Roadghuman Mandi Ludhiana, Punjab, India – 141001
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Franklin Laboratories India Pvt Ltd, buy the company report.
Comprehensive company report
Franklin Laboratories India Pvt Ltd - 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
Business activity
The main business activity of Franklin Laboratories India 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 Franklin Laboratories India Pvt Ltd, buy the company report.
Financials of Franklin Laboratories India Pvt Ltd
FY 2024 filings availableFranklin Laboratories India Pvt Ltd reported revenue of ₹22.76 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹22.76 Cr ▼ 5%
Net profit · FY 2025
₹41.43 Lakh margin 1.8%
EBITDA · FY 2025
₹2.48 Cr margin 10.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 10%
5 years · compounded
▲ 7%
Revenue has declined at a compounded annual rate (CAGR) of 5% over three years, including a 5% fall in the latest year. EBITDA rose 29% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.48 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹41.43 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.9% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Franklin Laboratories India Pvt Ltd, buy the company report.
Board of directors of Franklin Laboratories India Pvt Ltd
Franklin Laboratories India has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anju Thapar Also directs: Franklin Pharmaceuticals India Private Limited | Director | 05 Jun 2018 | 8 Years 4 Months | Current |
| Akshay Sareen Also directs: Franklin Pharmaceuticals India Private Limited | Director | 05 Jun 2018 | 8 Years 4 Months | Current |
| Krishan Lal Sareen Also directs: Franklin Pharmaceuticals India Private Limited | Director | 21 Apr 2019 | 7 Years 6 Months | Current |
| Ajay Sareen Also directs: Franklin Pharmaceuticals India Private Limited | Director | 21 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Franklin Laboratories India Pvt Ltd is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Orchid Bio-Tech Limited | ₹22.9 Cr (FY 2025) | -15.0% | Delhi, India | |||
| Cent Cure Private Limited | ₹22.88 Cr (FY 2025) | 17.0% | Baddi, Himachal Pradesh, India | |||
| Inga Laboratories Private Limited | ₹22.8 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Franklin Laboratories India Pvt Ltdthis company | ₹22.76 Cr (FY 2025) | ₹41.43 Lakh | 1.8% | -5.0% | 89 | Ludhiana, Punjab, India |
| Wallace Laboratories Private Limited | ₹22.71 Cr (FY 2023) | 27.0% | Goa, India | |||
| Dr. Smiths Biotech Private Limited | ₹22.7 Cr (FY 2023) | 40.0% | Pune, Maharashtra, India | |||
| Astamed Healthcare ( India ) Private Limited | ₹22.66 Cr (FY 2025) | -10.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Franklin Laboratories India Pvt Ltd, buy the company report.
Auditor
Franklin Laboratories India Pvt Ltd is audited by RAJESH MEHRU & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH MEHRU & CO. | FY 2024 | 011715N |
Shareholding
The shareholding of Franklin Laboratories India Pvt Ltd is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Franklin Laboratories India Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹7.5 Cr
Satisfied charges
₹9.09 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Oct 2023 | 100820647 | Others | ₹15 Lakh | Open | |
| 29 Aug 2015 | 10599066 | Others | ₹7.35 Cr | Open | |
| 11 Sep 1998 | 90169113 | State Bank of India | ₹16.5 Lakh | Satisfied | |
| 28 Feb 1998 | 90167548 | Ashok Layland Finance Ltd. | ₹3.22 Lakh | Satisfied | |
| 07 Mar 1996 | 90168810 | State Bank of India | ₹4 Lakh | Satisfied |
To see the full charge records of Franklin Laboratories India Pvt Ltd, buy the company report.
Total charge records: 14 View all charges
Legal cases
Franklin Laboratories India Pvt Ltd has 4 court cases on record: 3 filed by Franklin Laboratories India, 1 filed against it. All cases are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 3 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHANDIGARH (UT) | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-1, Ludhiana | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed by the company against Drug Controller (India) . | Disposed |
| Supreme Court | Court case | Filed by the company against an individual | Disposed |
| Supreme Court | Court case (9999-Other) | Filed by the company against Drugs Controller (India) | Disposed |
To see the full case history of Franklin Laboratories India Pvt Ltd, 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
Franklin Laboratories India Pvt Ltd has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vinayak Printers | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Yasharyn Packaging Private Limited |
To see the full MSME payment records of Franklin Laboratories India Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Franklin Laboratories India Pvt Ltd has a workforce of 89 employees on its EPFO records as of Mar 07, 2025, across 1 active EPFO establishment.
Employee count
89
Active EPFO establishments
1
Employee growth
-1.11%
GST
Franklin Laboratories India has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACF2313C1ZN | Punjab | Active | 01 Jul 2017 |
| 05AAACF2313C1ZJ | Uttarakhand | Active | 01 Jul 2017 |
| 09AAACF2313C1ZB | Uttar Pradesh | Active | 17 Jul 2017 |
To see the full GST registrations and return filing status of Franklin Laboratories India Pvt Ltd, buy the company report.
Recent activity
Franklin Laboratories India Pvt Ltd has 8 board changes on record since 2018: 4 appointments and 4 cessations. The latest: Ajay Sareen ceased to be Additional Director on 20 May 2020.
Charges
A charge registered on 28 Feb 1998 via Charge ID 90167548 with Ashok Layland Finance Ltd. was fully satisfied on 19 Feb 2025.
AGM
Franklin Laboratories India Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Franklin Laboratories India Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Others of Rs. 7.35 Cr registered on 29 Aug 2015 with Charge ID 10599066 was modified on 27 Dec 2023.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100820647 was registered on 25 Oct 2023.
Charges
A charge registered on 11 Sep 1998 via Charge ID 90169113 with State Bank Of India was fully satisfied on 02 Nov 2022.
Charges
A charge registered on 07 Mar 1996 via Charge ID 90168810 with State Bank Of India was fully satisfied on 02 Nov 2022.
Charges
A charge registered on 29 Sep 1993 via Charge ID 90171797 with State Bank Of India was fully satisfied on 02 Nov 2022.
Charges
A charge registered on 20 Mar 1990 via Charge ID 90172332 with State Bank Of India was fully satisfied on 02 Nov 2022.
Charges
A charge registered on 10 Mar 1989 via Charge ID 90168248 with State Bank Of India was fully satisfied on 02 Nov 2022.
Charges
A charge registered on 09 Aug 1986 via Charge ID 90172329 with State Bank Of India was fully satisfied on 02 Nov 2022.
Charges
A charge registered on 24 Mar 1986 via Charge ID 90167240 with State Bank Of India was fully satisfied on 02 Nov 2022.
30 earlier events are in the company report.
Frequently asked questions
Franklin Laboratories India is an active private limited company based in Ludhiana, Punjab, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 27 October 1966 (60+ years old) and is registered under CIN U24231PB1966PTC002676.
Franklin Laboratories India has 4 current directors:
- Anju Thapar - Director
- Akshay Sareen - Director
- Krishan Lal Sareen - Director
- Ajay Sareen - Director
The latest financial statements of Franklin Laboratories India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Franklin Laboratories India is 03AAACF2313C1ZN, registered in Punjab. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 05AAACF2313C1ZJ (Uttarakhand), 09AAACF2313C1ZB (Uttar Pradesh).
The CIN (Corporate Identification Number) of Franklin Laboratories India is U24231PB1966PTC002676. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Franklin Laboratories India has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the supreme court.
Franklin Laboratories India was incorporated on 27 October 1966, making it 60+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Franklin Laboratories India by revenue are Orchid Bio-Tech Limited, Cent Cure Private Limited, Inga Laboratories Private Limited, Wallace Laboratories Private Limited, Dr. Smiths Biotech Private Limited and 1 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Ajay Sareen ceased to be Additional Director on 20 May 2020. Krishan Lal Sareen ceased to be Additional Director on 20 May 2020. Akshay Sareen ceased to be Director on 23 Oct 2019. Franklin Laboratories India has 8 board changes on record in total.
Yes, Franklin Laboratories India is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0015675).
Franklin Laboratories India has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 7 overdue payments to 5 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Franklin Laboratories India can be reached through the website franklinlab.in. Its registered office is in Ludhiana, Punjab, India.