About Gray Anon Formulations Private Limited
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Gray Anon 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 10 July 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24231TN1992PTC023048. Its GSTIN is 33AAACG1567H1ZV (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors including Ravichandran Subbiah (Managing Director) and Meenakshi Ravichandran.
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 41/1 Karambakham Main Road Kasambakkam Porur – 600116, Chennai, Tamil Nadu, India – 600116.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.69 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹27.47 Lakh (net margin 7.4%) and EBITDA of ₹55.08 Lakh (EBITDA margin 14.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Gray Anon Formulations. As per MCA filings, the company has open charges of ₹1.15 Cr and satisfied charges of ₹75 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grayanonformulations.com.
Company details
Contact details
Gray Anon Formulations Private Limited's registered office is in Chennai, Tamil Nadu. Its website is grayanonformulations.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address41/1 Karambakham Main Road Kasambakkam Porur – 600116, Chennai, Tamil Nadu, India – 600116
- IndustryPharma, Drug Formulation & Development, Pharma Contract R&D
To see the full contact details of Gray Anon Formulations Private Limited, buy the company report.
- 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
Brands
Gray Anon Formulations operates one associated brand: Gray Anon Formulations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical manufacturing and formulation services in India. | grayanonformulations.com |
Business activity
The main business activity of Gray Anon Formulations 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 Gray Anon Formulations Private Limited, buy the company report.
Financials of Gray Anon Formulations Private Limited
FY 2025 filings availableGray Anon Formulations Private Limited reported revenue of ₹3.69 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 21% 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 |
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| EBITDA | ₹55.08 Lakh | ||||
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| Net Profit (PAT) | ₹27.47 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 14.9% | ||||
| Net Profit Margin | 7.4% | ||||
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To see the full financial statements and ratios of Gray Anon Formulations Private Limited, buy the company report.
Board of directors of Gray Anon Formulations Private Limited
Gray Anon Formulations has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meenakshi Ravichandran | Director | 31 Oct 2002 | 23 Years 11 Months | Current |
| Ravichandran Subbiah Also directs: Biomaarks Drugs India Private Limited | Managing Director | 10 Jul 1992 | 34 Years 3 Months | Current |
| Ganesh Ravichandran | Director | 10 Jul 2014 | 12 Years 3 Months | Current |
Peer comparison
Gray Anon Formulations Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Contract Research, 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 |
|---|---|---|---|---|---|---|
| Nutra Marck Life Sciences Private Limited | ₹3.71 Cr (FY 2025) | 0.0% | Karnal, Haryana, India | |||
| Parachem Pharmaceutical Private Limited | ₹3.7 Cr (FY 2025) | 11.0% | Delhi, India | |||
| Gray Anon Formulations Private Limitedthis company | ₹3.69 Cr (FY 2025) | ₹27.47 Lakh | 7.4% | -9.0% | 12 | Chennai, Tamil Nadu, India |
| Arizest Pharma (India) Private Limited | ₹3.68 Cr (FY 2025) | 1.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Gray Anon Formulations Private Limited, buy the company report.
Auditor
Gray Anon Formulations Private Limited is audited by BALU ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALU ASSOCIATES | FY 2019 | 000374S |
Shareholding
The shareholding of Gray Anon Formulations Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Gray Anon Formulations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2024 | 100856374 | Others | ₹3 Lakh | Open | |
| 06 Aug 2019 | 100293071 | Others | ₹1.12 Cr | Open | |
| 21 May 2013 | 10436025 | Bank of India | ₹75 Lakh | Satisfied |
To see the full charge records of Gray Anon Formulations Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Gray Anon Formulations Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gray Anon Formulations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gray Anon Formulations Private Limited has a workforce of 12 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Gray Anon Formulations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACG1567H1ZV | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gray Anon Formulations Private Limited, buy the company report.
Recent activity
Gray Anon Formulations Private Limited has 4 board changes on record since 1992: 3 appointments and 1 cessation. The latest: Ganesh Ravichandran was appointed as Director on 10 Jul 2014.
1 earlier event is in the company report.
Frequently asked questions
Gray Anon 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 10 July 1992 (34+ years old) and is registered under CIN U24231TN1992PTC023048.
Gray Anon Formulations has 3 current directors:
- Ravichandran Subbiah - Managing Director
- Meenakshi Ravichandran - Director
- Ganesh Ravichandran - Director
The latest financial statements of Gray Anon Formulations 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 2015 are in the company report.
The GSTIN of Gray Anon Formulations is 33AAACG1567H1ZV, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Gray Anon Formulations is U24231TN1992PTC023048. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gray Anon Formulations was incorporated on 10 July 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Gray Anon Formulations by revenue are Nutra Marck Life Sciences Private Limited, Parachem Pharmaceutical Private Limited, Arizest Pharma (India) Private Limited, all in the Pharma industry (Contract Research, Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Ganesh Ravichandran was appointed as Director on 10 Jul 2014. Karambakkam Vengopalaayya Pasupathy ceased to be Director on 27 Mar 2014. Meenakshi Ravichandran was appointed as Director on 31 Oct 2002. Gray Anon Formulations has 4 board changes on record in total.
Gray Anon Formulations can be reached through the website grayanonformulations.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Gray Anon Formulations is at 411 Karambakham Main Road Kasambakkam Porur – 600116, Chennai, Tamil Nadu, India – 600116.
Gray Anon Formulations operates in the pharma industry, in the drug formulation and development segment.