About Latin Pharma Services India Private Limited
Data last updated:
Latin Pharma Services India Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 02 November 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2012PTC237456. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sunilkumar Rajkumar Gupta and Sumitkumar Vinodkumar Gupta.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Wing Kailas Business Park Veer Savrakar Marg Park, Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.11 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹12.09 Lakh (net margin -389.2%) and EBITDA of -₹12.09 Lakh (EBITDA margin -389.2%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 47% over five years.
The last known website on record is marpelpharma.com.
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- Website
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- Registered AddressOffice No 515 C – Wing Kailas Business Park Veer Savrakar Marg Park Site Vikhroli, West, Mumbai, Maharashtra, India – 400079
- IndustryPharma, Pharmaceutical Retailers & Distributors
- 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 of Latin Pharma Services India Private Limited
The main business activity of Latin Pharma Services India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Latin Pharma Services India Private Limited FY 2021 filings available
Latin Pharma Services India Private Limited reported revenue of ₹3.11 Lakh (down 94% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Latin Pharma Services India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 94% fall in the latest year. EBITDA fell 260% 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 Latin Pharma Services India Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹12.09 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12.09 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 Latin Pharma Services India Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -389.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -389.2% | •••• | •••• | •••• | •••• |
| 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 Latin Pharma Services India 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 Latin Pharma Services India Private Limited
Latin Pharma Services India Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Medixty Pharma Private Limited | ₹3.17 Lakh (FY 2024) | •••• | •••• | 28.0% | •••• | New Delhi, Delhi, India |
| Maxwell Info E-Solutions Private Limited | ₹3.16 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | Lucknow, Uttar Pradesh, India |
| Charvy Pharmacy Private Limited | ₹3.15 Lakh (FY 2025) | •••• | •••• | -55.0% | •••• | Kanpur, Uttar Pradesh, India |
| A4ever Consultants Private Limited | ₹3.13 Lakh (FY 2025) | •••• | •••• | •••• | Ahmedababd, Gujarat, India | |
| Inder Wire Industries Private Limited | ₹3.11 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Delhi, India |
| Latin Pharma Services India Private Limited this company | ₹3.11 Lakh (FY 2021) | •••• | •••• | -94.0% | •••• | Mumbai, Maharashtra, India |
| Suryavansh Innovation Private Limited | ₹3.11 Lakh (FY 2025) | •••• | •••• | •••• | Allahabad, Uttar Pradesh, India | |
| Genme Technologies Private Limited | ₹3.09 Lakh (FY 2025) | •••• | •••• | •••• | Haryana, India | |
| Loyal Medicals Private Limited | ₹3.06 Lakh (FY 2024) | •••• | •••• | •••• | Coimbatore, Tamil Nadu, India | |
| Moniksha Worldwide Pharmaceutical Private Limited | ₹3.05 Lakh (FY 2025) | •••• | •••• | -44.0% | •••• | Ambala, Haryana, India |
| Arovid Pharmaceuticals Private Limited | ₹3.05 Lakh (FY 2020) | •••• | •••• | -15.0% | •••• | Varanasi, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Latin Pharma Services India by revenue in the Pharma industry (Pharma Retail and Distribution), 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 Latin Pharma Services India Private Limited
Latin Pharma Services India Private Limited is audited by A S A P & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A S A P & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Latin Pharma Services India Private Limited
Latin Pharma Services India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunilkumar Rajkumar Gupta | Director | 01 Feb 2016 | 10 Years 8 Months | As last reported |
| Sumitkumar Vinodkumar Gupta Also directs: Simplified Consulting Solutions Private Limited | Director | 06 Nov 2021 | 4 Years 11 Months | As last reported |
Ownership and Shareholding of Latin Pharma Services India Private 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 Latin Pharma Services India Private Limited
Latin Pharma Services India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Latin Pharma Services India Private Limited
Employment history and EPFO contributions of people linked to Latin Pharma Services India.
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.
Recent Activity on Latin Pharma Services India Private Limited
Latin Pharma Services India Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Philp Unger Schlafrig ceased to be Director on 06 Nov 2021.
Credit Ratings, Litigation & Regulatory Alerts for Latin Pharma Services India Private 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.
MSME Payment Delays by Latin Pharma Services India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Latin Pharma Services India Private 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 Latin Pharma Services India Private Limited
Latin Pharma Services India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Latin Pharma Services India Private 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 Latin Pharma Services India Private Limited
Latin Pharma Services India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Latin Pharma Services India was a private limited company based in Mumbai, Maharashtra, India. The company worked in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 02 November 2012 and is registered under CIN U74999MH2012PTC237456. The company has been struck off by the Registrar of Companies and is no longer operational.
Latin Pharma Services India had 2 directors:
- Sunilkumar Rajkumar Gupta - Director
- Sumitkumar Vinodkumar Gupta - Director
The CIN (Corporate Identification Number) of Latin Pharma Services India is U74999MH2012PTC237456. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Latin Pharma Services India is at Office No 515 C – Wing Kailas Business Park Veer Savrakar Marg Park Site Vikhroli, West, Mumbai, Maharashtra, India – 400079.
Latin Pharma Services India was incorporated on 02 November 2012. It is registered with the Registrar of Companies, Mumbai.
Latin Pharma Services India can be reached through the website marpelpharma.com. Its registered office is in Mumbai, Maharashtra, India.
Latin Pharma Services India reported revenue of ₹3.11 Lakh for FY 2021 (down 94% YoY).
Latin Pharma Services India has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Latin Pharma Services India reported a net loss of ₹12.09 Lakh (net margin -389.2%) and EBITDA of -₹12.09 Lakh (EBITDA margin -389.2%) for FY 2021, as per its filed financial statements.
No. Latin Pharma Services India has 1 GST registration on record and it is cancelled or inactive.