
About Indus Gene Expressions Limited
Data last updated:
Indus Gene Expressions Limited is a public limited company based in Andhra Pradesh, India. It operates in the biotechnology segment of the life sciences sector. It was incorporated on 09 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U24231AP2007PLC113311. Its GSTIN is 37AABCI9124R1ZY (Andhra Pradesh).
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹92.83 Cr. It was formerly known as Indus Gene Expressions Private Limited and Sri Balaji Biopharmaceuticals India Private Limited. It is led by directors including Channa Reddy C and Meka Sudhakara Reddy.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 6 – 312 Kodur Village Kanisettipalli Post, Andhra Pradesh, India – 515341.
As per the financials filed for FY 2023, the company reported a revenue of ₹16.82 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.28 Lakh (net margin 0.6%) and EBITDA of ₹11.71 Cr (EBITDA margin 69.6%). Revenue has grown at a compounded annual rate (CAGR) of 639% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹32.63 Cr and satisfied charges of ₹30.4 Cr on record. Court records list 10 cases involving the company, including 9 filed by the company and 1 filed against it; 3 cases are pending. The company has 24 deals on record (18 secondary share transfers, 6 funding rounds), with disclosed funding of ₹63.95 Cr; the latest was in May 2022. Its 10 peer companies in the Biotechnology industry (Biotechnology) are compared by revenue, 5 larger and 5 smaller; the largest is Cellutions Biostorage Private Limited with revenue of ₹17.29 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 17 overdue payments to 9 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indusgenetech.com.
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- Registered Address6 – 312 Kodur Village Kanisettipalli Post, Andhra Pradesh, India – 515341
- IndustryLife Sciences, Biotechnology
- 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
- One PDF report, delivered after checkout
Financials of Indus Gene Expressions Limited FY 2023 filings available
Indus Gene Expressions Limited reported revenue of ₹16.82 Cr (up 570% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Indus Gene Expressions Limited
Revenue has grown at a compounded annual rate (CAGR) of 639% over five years, including 570% growth 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 of Indus Gene Expressions Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹16.82 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹11.71 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.28 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 of Indus Gene Expressions Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 69.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Indus Gene Expressions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Indus Gene Expressions Limited
Indus Gene Expressions Limited is compared with the companies closest to it by revenue in the Biotechnology industry (Biotechnology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cellutions Biostorage Private Limited | ₹17.29 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Kanchipuram, Tamil Nadu, India |
| S4 Research Private Limited | ₹17.22 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Ahmedabad, Gujarat, India |
| Juniper Life Sciences Private Limited | ₹17.18 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Bengaluru, Karnataka, India |
| Gangabishan Bhikulal Investment and Trading Limited | ₹16.96 Cr (FY 2023) | •••• | •••• | 20055.0% | •••• | Mumbai, Maharashtra, India |
| Micro Bax (India) Limited | ₹16.94 Cr (FY 2020) | •••• | •••• | -1.0% | •••• | Hyderabad, Telangana, India |
| Indus Gene Expressions Limited this company | ₹16.82 Cr (FY 2023) | •••• | •••• | 570.0% | •••• | Andhra Pradesh, India |
| Dhiti Life Sciences Private Limited | ₹16.67 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | New Delhi, Delhi, India |
| Provis Biolabs Private Limited | ₹16.57 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Hyderabad, Telangana, India |
| Acrannolife Genomics Private Limited | ₹16.55 Cr (FY 2024) | •••• | •••• | 108.0% | •••• | Chennai, Tamil Nadu, India |
| String Bio Private Limited | ₹16.49 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Yeshwanthpur Hobli Bangalore, Karnataka, India |
| Life Technologies (India) Private Limited | ₹16.27 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Indus Gene Expressions by revenue in the Biotechnology industry (Biotechnology), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Indus Gene Expressions Limited
Auditor information for Indus Gene Expressions Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors and KMP of Indus Gene Expressions Limited
Indus Gene Expressions Limited currently reports 5 directors and 1 key managerial person. 16 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usharani Reddy C Also directs: Dr.Reddy Solar Energy and Systems Private Limited | Cfo | 03 Apr 2019 | 7 Years 6 Months | Current |
| Channa Reddy C | Director | 06 Nov 2008 | 17 Years 11 Months | Current |
| Meka Sudhakara Reddy | Additional Director | 06 May 2022 | 4 Years 5 Months | Current |
| Avula Sreenivasa Reddy | Additional Director | 28 Oct 2019 | 6 Years 11 Months | Current |
| Muktha Puram Krishna | Additional Director | 28 Sep 2024 | 2 Years 0 Months | Current |
| Abhinaya Chinthamani Reddy | Additional Director | 15 Jan 2025 | 1 Years 8 Months | Current |
Ownership and Shareholding of Indus Gene Expressions Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Indus Gene Expressions Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Sep 2020 | Canara Bank | ₹3.63 Cr | Open |
| 21 Dec 2019 | Syndicate Bank | ₹29 Cr | Open |
| 13 Oct 2014 | Andhra Bank | ₹30.4 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Indus Gene Expressions Limited
Indus Gene Expressions Limited has 24 deals on record (18 secondary share transfers, 6 funding rounds), with disclosed funding of ₹63.95 Cr; the latest was in May 2022.
Deals on record (5 of 24)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Funding round | ₹2.06 Cr | Investors: an individual |
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2021 | Funding round | ₹12.8 Cr | Investors: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Tri Solar Private Limited Seller: an individual |
Full deal history
All 24 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Indus Gene Expressions Limited
Indus Gene Expressions Limited has 10 court cases on record: 9 filed by Indus Gene Expressions, 1 filed against it. 3 cases are pending and 7 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 0 | 2 |
| District courts | 1 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Cheque dishonour complaint | Filed against the company by Next-Spaces Ecobuild India LLP | Pending |
| High Court of Andhra Pradesh | Writ petition | Filed by the company against an individual | Pending |
| High Court of Andhra Pradesh | Writ petition | Filed by the company against Union of India | Pending |
| High Court of Andhra Pradesh | Writ petition | Filed by the company against State of Andhra Pradesh | Disposed |
| High Court of Andhra Pradesh | Writ petition | Filed by the company against State of Andhra Pradesh | Disposed |
Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Indus Gene Expressions Limited
Indus Gene Expressions Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 17 overdue payments to 9 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 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kala G Granite | •••• | •••• | •••• |
| Elite Associates | •••• | •••• | •••• |
| Sunlight Gas & Equipments Private Limited | •••• | •••• | •••• |
| Shivani Interior Solutions Private Limited | •••• | •••• | •••• |
| C4g Automation Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Indus Gene Expressions Limited
Employment history and EPFO contributions of people linked to Indus Gene Expressions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Indus Gene Expressions Limited
Indus Gene Expressions has undergone 2 name changes throughout its history. The company was previously known as Indus Gene Expressions Private Limited, and Sri Balaji Biopharmaceuticals India Private Limited. The current legal name is Indus Gene Expressions Limited.
| Company Name | Status |
|---|---|
| Indus Gene Expressions Limited | Current |
| Indus Gene Expressions Private Limited | Previous |
| Sri Balaji Biopharmaceuticals India Private Limited | Previous |
CIN History of Indus Gene Expressions Limited
Indus Gene Expressions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24231AP2007PLC113311, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24231AP2007PLC113311 | Current |
| U24231KA2007PLC041743 | Previous |
| U24231KA2007PTC041743 | Previous |
Recent Activity on Indus Gene Expressions Limited
Indus Gene Expressions Limited has 19 board changes on record since 2008: 6 appointments and 13 cessations. The latest: Tanvi Sahu ceased to be Company Secretary on 31 Jan 2025.
14 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Indus Gene Expressions Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Indus Gene Expressions Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Indus Gene Expressions Limited
Indus Gene Expressions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AABCI9124R1ZY | Andhra Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Indus Gene Expressions Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Indus Gene Expressions Limited
Indus Gene Expressions is an active public limited company based in Andhra Pradesh, India. The company works in biotechnology, within the life sciences industry. It was incorporated on 09 February 2007 (19+ years old) and is registered under CIN U24231AP2007PLC113311.
Indus Gene Expressions reported revenue of ₹16.82 Cr for FY 2023 (up 570% YoY).
Indus Gene Expressions has 6 current directors and KMP:
- Channa Reddy C - Director
- Meka Sudhakara Reddy - Additional Director
- Avula Sreenivasa Reddy - Additional Director
- Muktha Puram Krishna - Additional Director
- Abhinaya Chinthamani Reddy - Additional Director
- Usharani Reddy C - Cfo
Indus Gene Expressions reported a net profit of ₹10.28 Lakh (net margin 0.6%) and EBITDA of ₹11.71 Cr (EBITDA margin 69.6%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Indus Gene Expressions is 639% over five years. In the latest year (FY 2023) revenue rose 570%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Indus Gene Expressions is 37AABCI9124R1ZY, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Indus Gene Expressions is U24231AP2007PLC113311. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indus Gene Expressions has 10 court cases on record: 9 filed by the company and 1 filed against it. 3 are pending. Most are in the high courts.
Indus Gene Expressions was incorporated on 09 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Vijayawada.
Indus Gene Expressions has 24 deals on record (18 secondary share transfers, 6 funding rounds), with disclosed funding of ₹63.95 Cr; the latest was in May 2022.
The peers of Indus Gene Expressions by revenue are Cellutions Biostorage Private Limited, S4 Research Private Limited, Juniper Life Sciences Private Limited, Gangabishan Bhikulal Investment and Trading Limited, Micro Bax (India) Limited and 5 more, all in the Biotechnology industry (Biotechnology).
Tanvi Sahu ceased to be Company Secretary on 31 Jan 2025. Abhinaya Chinthamani Reddy was appointed as Additional Director on 15 Jan 2025. Vemula Nilima ceased to be Additional Director on 17 Dec 2024. Indus Gene Expressions has 19 board changes on record in total.