Laxo Medicare Private Limited

Laxo Medicare Private Limited - pharma in Jaipur, Rajasthan, India. Directors, charges & compliance details.
CIN U74900RJ2018PTC061030 Incorporated 25 April 2018 ROC Jaipur HQ Jaipur, Rajasthan, India
Active Private Limited Company pharma MSME · Micro
Data last updated
Revenue · FY 2023
₹3.06 Cr
▲ 86% YoY
Net loss · FY 2023
₹95.15 Lakh
Net margin -31.1%
EBITDA · FY 2023
-₹60.39 Lakh
EBITDA margin -19.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.54 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
4
Provident fund records
Directors on board
3
As per MCA filings

About Laxo Medicare Private Limited

Data last updated:

Laxo Medicare Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 25 April 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U74900RJ2018PTC061030. Its GSTIN is 08AADCL5947M1ZX (Rajasthan). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.54 Lakh. It is led by directors including Rajesh Kumar and Vartika Dangayach.

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 First Floor Plot No. 87 Tagor Nagar Ajmer Road, Jaipur, Rajasthan, India – 302015.

As per the financials filed for FY 2023, the company reported a revenue of ₹3.06 Cr, a growth of 86% compared to the previous year. For the same year it recorded a net loss of ₹95.15 Lakh (net margin -31.1%) and EBITDA of -₹60.39 Lakh (EBITDA margin -19.8%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years.

The company has about 4 employees on its provident fund (EPFO) records.

Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 4 cases are pending.

Laxo Medicare Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0172851).

Company details

CIN U74900RJ2018PTC061030
Registration Number 061030
Incorporation Date 25 April 2018
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-RJ-17-0172851

Recognitions & Rankings of Laxo Medicare

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-RJ-17-0172851

Contact details

Laxo Medicare Private Limited's registered office is in Jaipur, Rajasthan.

  • Registered Address
    First Floor Plot No. 87 Tagor Nagar Ajmer Road, Jaipur, Rajasthan, India – 302015
  • Industry
    Pharma, Drug Formulation & Development
Comprehensive company report
Laxo Medicare 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 Laxo Medicare is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

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

Financials of Laxo Medicare Private Limited

FY 2023 filings available

Laxo Medicare Private Limited reported revenue of ₹3.06 Cr (up 86% YoY) for FY 2023.

Revenue · FY 2023
₹3.06 Cr ▲ 86%
Net loss · FY 2023
₹95.15 Lakh margin -31.1%
EBITDA · FY 2023
-₹60.39 Lakh margin -19.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 86%
3 years · compounded
▲ 45%
EBITDA CAGR growth
1 year
▲ 70%
3 years · compounded
▼ 346%

Revenue has grown at a compounded annual rate (CAGR) of 45% over three years, including 86% growth in the latest year. EBITDA rose 70% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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-₹60.39 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹95.15 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-19.8%
Net Profit Margin-31.1%
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 Laxo Medicare Private Limited, buy the company report.

Board of directors of Laxo Medicare Private Limited

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

Current Directors
NameDesignationAppointment DateTenureStatus
Rajesh KumarDirector17 Aug 20197 Years 2 MonthsCurrent
Vartika DangayachDirector28 Sep 20215 Years 1 MonthsCurrent
Sachin NehraDirector25 Apr 20188 Years 6 MonthsCurrent

Peer comparison

Laxo Medicare Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Narang Ventures Private Limited₹3.06 Cr (FY 2024)-28.0%Rajpura, Punjab, India
White Mushrooms Holidays Private Limited₹3.06 Cr (FY 2019)79.0%Delhi, India
Miyota Uv Print & Pack Private Limited₹3.06 Cr (FY 2025)12.0%Delhi, India
Savitra Medicos Private Limited₹3.06 Cr (FY 2025)-55.0%Punjab, India
Shahkaar Fashions Private Limited₹3.06 Cr (FY 2025)58.0%Srinagar, Jammu and Kashmir, India
Laxo Medicare Private Limitedthis company₹3.06 Cr (FY 2023)-₹95.15 Lakh-31.1%86.0%Jaipur, Rajasthan, India
Cosmic Edge Commodities Limited₹3.05 Cr (FY 2024)13.0%Vasundhara, Uttar Pradesh, India
Nileshwer Agrotrade Private Limited₹3.05 Cr (FY 2024)Mahasi, Uttar Pradesh, India
S. S. Auto Spares Private Limited₹3.05 Cr (FY 2024)491.0%Kolkata, West Bengal, India
Shri Shri Ananta Industries Private Limited₹3.05 Cr (FY 2024)-9.0%Khurda, Odisha, India
Kartik Creations Private Limited₹3.05 Cr (FY 2025)17.0%Delhi, India

To see the full peer comparison of Laxo Medicare Private Limited, buy the company report.

MSME payment delays

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

GST

Laxo Medicare has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
08AADCL5947M1ZXRajasthanActive26 Feb 2019
09AADCL5947M1ZVUttar PradeshActive19 Mar 2020

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

Recent activity

Laxo Medicare Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Vartika Dangayach was appointed as Director on 28 Sep 2021.

AGM
Laxo Medicare Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Laxo Medicare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.
Appointed
Vartika Dangayach was appointed as Director.
Ceased
Anuruddh Singh ceased to be Director.
Appointed
Rajesh Kumar was appointed as Director.
Appointed
Sachin Nehra was appointed as Director.
Incorporation
25 Apr 2018
Laxo Medicare Private Limited was registered on 25 Apr 2018 with Roc Jaipur & aged 8 years 6 months as per MCA records.

Frequently asked questions

Laxo Medicare is an active private limited company based in Jaipur, Rajasthan, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 25 April 2018 (8+ years old) and is registered under CIN U74900RJ2018PTC061030.

Laxo Medicare has 3 current directors:

The latest financial statements of Laxo Medicare on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Laxo Medicare is 08AADCL5947M1ZX, registered in Rajasthan. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AADCL5947M1ZV (Uttar Pradesh).

The CIN (Corporate Identification Number) of Laxo Medicare is U74900RJ2018PTC061030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Laxo Medicare has 7 court cases on record: 1 filed by the company and 6 filed against it. 4 are pending.

Laxo Medicare was incorporated on 25 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Jaipur.

The peers of Laxo Medicare by revenue are Narang Ventures Private Limited, White Mushrooms Holidays Private Limited, Miyota Uv Print & Pack Private Limited, Savitra Medicos Private Limited, Shahkaar Fashions Private Limited and 5 more, all in the same principal business activity (wholesale trading).

Vartika Dangayach was appointed as Director on 28 Sep 2021. Anuruddh Singh ceased to be Director on 18 Aug 2019. Rajesh Kumar was appointed as Director on 17 Aug 2019. Laxo Medicare has 4 board changes on record in total.

Yes, Laxo Medicare is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-17-0172851).

The registered office of Laxo Medicare is at First Floor Plot No. 87 Tagor Nagar Ajmer Road, Jaipur, Rajasthan, India – 302015.