About Haryana Formulations Private Limited
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Haryana Formulations Private Limited 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 04 February 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24232PB1992PTC012004. Its GSTIN is 06AABCH1982N1ZA (Haryana).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹17.6 Lakh. It is led by directors Nisha Sharma and Rajan Satija.
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 603 – L Model Town, Ludhiana, Punjab, India – 141002.
As per the financials filed for FY 2022, the company reported a revenue of ₹49.63 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹24,949 (net margin 0.5%) and EBITDA of ₹1.42 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 22% over five years.
The company is associated with 1 brand: Haryana Formulations Pvt Ltd. As per MCA filings, the company has open charges of ₹5 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 3 deals on record (3 secondary share transfers); the latest was in September 2011.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hfplindia.com.
Company details
Contact details
Haryana Formulations Private Limited's registered office is in Ludhiana, Punjab. Its website is hfplindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address603 – L Model Town, Ludhiana, Punjab, India – 141002
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Haryana 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
Haryana Formulations operates one associated brand: Haryana Formulations Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical manufacturing and marketing services are provided in India. | hfplindia.com |
Business activity
The main business activity of Haryana 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 Haryana Formulations Private Limited, buy the company report.
Financials of Haryana Formulations Private Limited
FY 2025 filings availableHaryana Formulations Private Limited reported revenue of ₹49.63 Lakh (up 16% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 16% growth in the latest year. EBITDA rose 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
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| EBITDA | ₹1.42 Lakh | ||||
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| Net Profit (PAT) | ₹24,949 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Haryana Formulations Private Limited, buy the company report.
Board of directors of Haryana Formulations Private Limited
Haryana Formulations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nisha Sharma | Director | 12 Aug 2021 | 5 Years 2 Months | Current |
| Rajan Satija | Director | 04 Feb 1992 | 34 Years 8 Months | Current |
Auditor
Haryana Formulations Private Limited is audited by VIJAY SANJEEV & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY SANJEEV & ASSOCIATES | FY 2020 | 020262N |
Shareholding
The shareholding of Haryana Formulations Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Haryana Formulations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jan 1996 | 90177664 | Indian Overseas Bank | ₹5 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Haryana Formulations Private Limited has 3 deals on record (3 secondary share transfers); the latest was in September 2011.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Haryana Formulations Private Limited has 2 court cases on record: 1 filed by Haryana Formulations, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed against the company by United India Insurance Co.Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
To see the full case history of Haryana Formulations 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 Haryana Formulations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Haryana Formulations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCH1982N1ZA | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Haryana Formulations Private Limited, buy the company report.
Recent activity
Haryana Formulations Private Limited has 4 board changes on record since 1992: 2 appointments and 2 cessations. The latest: Barinder Singh Pannu ceased to be Director on 12 Aug 2021.
Frequently asked questions
Haryana Formulations 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 04 February 1992 (34+ years old) and is registered under CIN U24232PB1992PTC012004.
Haryana Formulations has 2 current directors:
- Nisha Sharma - Director
- Rajan Satija - Director
The latest financial statements of Haryana 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 Haryana Formulations is 06AABCH1982N1ZA, registered in Haryana.
The CIN (Corporate Identification Number) of Haryana Formulations is U24232PB1992PTC012004. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Haryana Formulations has 2 court cases on record: 1 filed by the company and 1 filed against it.
Haryana Formulations was incorporated on 04 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chandigarh.
Haryana Formulations has 3 deals on record (3 secondary share transfers); the latest was in September 2011.
Barinder Singh Pannu ceased to be Director on 12 Aug 2021. Nisha Sharma was appointed as Director on 12 Aug 2021. Neeraj Satija ceased to be Director on 16 Feb 2015. Haryana Formulations has 4 board changes on record in total.
Haryana Formulations can be reached through the website hfplindia.com. Its registered office is in Ludhiana, Punjab, India.
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