Gladcare Formulations Private Limited

Gladcare Formulations Private Limited - pharma in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U24119TG2006PTC050595 Incorporated 11 July 2006 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company pharma MSME · Micro
Data last updated
Revenue · FY 2024
₹1.8 Cr
▼ 6% YoY
Net profit · FY 2024
₹2.92 Lakh
Net margin 1.6%
EBITDA · FY 2024
₹10.42 Lakh
EBITDA margin 5.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹46 Lakh
Issued & subscribed
Open charges
₹1.21 Cr
Satisfied ₹23 Lakh
Company age
20 yrs
Est. 2006
Directors on board
3
As per MCA filings

About Gladcare Formulations Private Limited

Data last updated:

Gladcare Formulations 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 11 July 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24119TG2006PTC050595. Its GSTIN is 36AACCG8173D1ZN (Telangana). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹46 Lakh. It was formerly known as Glaxcare Formulations Private Limited. It is led by directors including Anjaneya Prasad Cheekoti and Srinivas Mukka.

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 2 – 2 – 185/56/C/3/Fgi Somasundar Nagar Satya Sai Ap Amberpet, Hyderabad, Telangana, India – 500013.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.8 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.92 Lakh (net margin 1.6%) and EBITDA of ₹10.42 Lakh (EBITDA margin 5.8%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.

As per MCA filings, the company has open charges of ₹1.21 Cr and satisfied charges of ₹23 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.

Gladcare Formulations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0042475). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glaxcareformulations.com.

Company details

CIN U24119TG2006PTC050595
Registration Number 050595
Incorporation Date 11 July 2006
ROC Hyderabad
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 Micro
Udyam Registration UDYAM-TS-02-0042475

CIN history

Gladcare Formulations has one previous CIN (Corporate Identification Number): U24119AP2006PTC050595. The current CIN is U24119TG2006PTC050595, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24119TG2006PTC050595Current
U24119AP2006PTC050595Previous
Key People
Anjaneya Prasad Cheekoti Director Srinivas Mukka Director Krishna Pulluri Director

Recognitions & Rankings of Gladcare Formulations

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-TS-02-0042475

Contact details

Gladcare Formulations Private Limited's registered office is in Hyderabad, Telangana. Its website is glaxcareformulations.com. Its e-mail address is in the company report.

  • Email
  • Website
    glaxcareformulations.com
  • Registered Address
    2 – 2 – 185/56/C/3/Fgi Somasundar Nagar Satya Sai Ap Amberpet, Hyderabad, Telangana, India – 500013
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Gladcare Formulations Private Limited, buy the company report.

Comprehensive company report
Gladcare Formulations 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
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Business activity

The main business activity of Gladcare Formulations is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Gladcare Formulations Private Limited, buy the company report.

Financials of Gladcare Formulations Private Limited

FY 2024 filings available

Gladcare Formulations Private Limited reported revenue of ₹1.8 Cr (down 6% YoY) for FY 2024.

Revenue · FY 2024
₹1.8 Cr ▼ 6%
Net profit · FY 2024
₹2.92 Lakh margin 1.6%
EBITDA · FY 2024
₹10.42 Lakh margin 5.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 2%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 7%
5 years · compounded
▼ 9%

Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 6% fall in the latest year. EBITDA fell 4% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹10.42 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.92 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.8%
Net Profit Margin1.6%
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 Gladcare Formulations Private Limited, buy the company report.

Board of directors of Gladcare Formulations Private Limited

Gladcare Formulations has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anjaneya Prasad CheekotiDirector11 Jul 200620 Years 3 MonthsCurrent
Srinivas Mukka
Also directs: Midas Biotek Private Limited
Director11 Jul 200620 Years 3 MonthsCurrent
Krishna Pulluri
Also directs: Midas Biotek Private Limited
Director11 Jul 200620 Years 3 MonthsCurrent
View all directors

Auditor

Gladcare Formulations Private Limited is audited by VALLURU ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
VALLURU ASSOCIATESFY 2019006381S

Shareholding

The shareholding of Gladcare Formulations Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2018FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Gladcare Formulations Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.21 Cr
Satisfied charges
₹23 Lakh
Breakdown by lending institutions
Small Industries Development Bank of India₹0.80 Cr
Hdfc Bank Limited₹0.41 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Oct 2023100811322Hdfc Bank Limited₹41 LakhOpen
05 May 200810100701Small Industries Development Bank of India₹80 LakhOpen
13 Apr 201210352888Corporation Bank₹23 LakhSatisfied

To see the full charge records of Gladcare Formulations Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Gladcare Formulations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Gladcare Formulations has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
36AACCG8173D1ZNTelanganaActive01 Jul 2017

To see the full GST registrations and return filing status of Gladcare Formulations Private Limited, buy the company report.

Recent activity

Gladcare Formulations Private Limited has 4 board changes on record since 2006: 3 appointments and 1 cessation. The latest: Hari Krishna Chikoti ceased to be Director on 06 Feb 2023.

AGM
Gladcare Formulations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Gladcare Formulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 41.00 Lakh with Charge ID 100811322 was registered on 24 Oct 2023.
Charges
A charge registered on 13 Apr 2012 via Charge ID 10352888 with Corporation Bank was fully satisfied on 13 Oct 2023.
Ceased
Hari Krishna Chikoti ceased to be Director.
Charges
A charge with Corporation Bank amounted to Rs. 23.00 Lakh with Charge ID 10352888 was registered on 13 Apr 2012.
Charges
A charge with Small Industries Development Bank Of India amounted to Rs. 80.00 Lakh with Charge ID 10100701 was registered on 05 May 2008.
Appointed
Anjaneya Prasad Cheekoti was appointed as Director.
Appointed
Krishna Pulluri was appointed as Director.
Appointed
Srinivas Mukka was appointed as Director.
Incorporation
11 Jul 2006
Gladcare Formulations Private Limited was registered on 11 Jul 2006 with Roc Hyderabad & aged 20 years 4 months as per MCA records.

Frequently asked questions

Gladcare Formulations 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 11 July 2006 (20+ years old) and is registered under CIN U24119TG2006PTC050595.

Gladcare Formulations has 3 current directors:

The latest financial statements of Gladcare Formulations 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 Gladcare Formulations is 36AACCG8173D1ZN, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Gladcare Formulations is U24119TG2006PTC050595. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gladcare Formulations has 2 court cases on record: 1 filed by the company and 1 filed against it.

Gladcare Formulations was incorporated on 11 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Hyderabad.

Hari Krishna Chikoti ceased to be Director on 06 Feb 2023. Anjaneya Prasad Cheekoti was appointed as Director on 11 Jul 2006. Krishna Pulluri was appointed as Director on 11 Jul 2006. Gladcare Formulations has 4 board changes on record in total.

Yes, Gladcare Formulations is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0042475).

Gladcare Formulations can be reached through the website glaxcareformulations.com. Its registered office is in Hyderabad, Telangana, India.