Lexus India Limited - pharma in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U51909DL1992PLC048996 Incorporated 01 June 1992 ROC Delhi HQ New Delhi, Delhi, India
Under Insolvency Public Limited Company pharma
Data last updated
Revenue · FY 2024
₹5.32 Cr
▲ 99% YoY
Net loss · FY 2024
₹77.96 Lakh
Net margin -14.7%
EBITDA · FY 2024
-₹60.81 Lakh
EBITDA margin -11.4%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.23 Cr
Issued & subscribed
Open charges
₹6.6 Cr
Secured borrowings
Company age
34 yrs
Est. 1992
Directors on board
5
As per MCA filings

About Lexus India Limited

Data last updated:

Lexus India Limited is a public limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 01 June 1992.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL1992PLC048996. Its GSTIN is 05AAACL6145N1ZC (Uttarakhand).

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.23 Cr. It is led by directors including Pramod Kumar Saraf (Managing Director) and Sandeep Kumar Kandoi.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H – 25 First Floor Kailash Colony, New Delhi, Delhi, India – 110048.

As per the financials filed for FY 2024, the company reported a revenue of ₹5.32 Cr, a growth of 99% compared to the previous year. For the same year it recorded a net loss of ₹77.96 Lakh (net margin -14.7%) and EBITDA of -₹60.81 Lakh (EBITDA margin -11.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 44% over five years.

The company is associated with 1 brand: Lexus India. As per MCA filings, the company has open charges of ₹6.6 Cr on record. Court records list 58 cases involving the company, including 2 filed by the company and 56 filed against it; 4 cases are pending.

Company details

CIN U51909DL1992PLC048996
Registration Number 048996
Incorporation Date 01 June 1992
ROC Delhi
Listing Status Unlisted
Company Status Under CIRP
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Lexus India Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    H – 25 First Floor Kailash Colony, New Delhi, Delhi, India – 110048
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Lexus India Limited, buy the company report.

Comprehensive company report
Lexus India 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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Brands

Lexus India operates one associated brand: Lexus India. Each brand links to its own profile.

BrandDescriptionWebsite
Luxury vehicles are manufactured and distributed by Lexus globally.lexusindia.co.in

Business activity

The main business activity of Lexus India is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Lexus India Limited, buy the company report.

Financials of Lexus India Limited

FY 2024 filings available

Lexus India Limited reported revenue of ₹5.32 Cr (up 99% YoY) for FY 2024.

Revenue · FY 2024
₹5.32 Cr ▲ 99%
Net loss · FY 2024
₹77.96 Lakh margin -14.7%
EBITDA · FY 2024
-₹60.81 Lakh margin -11.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 99%
3 years · compounded
▲ 2%
5 years · compounded
▲ 44%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▼ 177%
5 years · compounded
▼ 15%

Revenue has grown at a compounded annual rate (CAGR) of 44% over five years, including 99% growth in the latest year. EBITDA rose 6% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹5.32 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹60.81 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹77.96 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-11.4%
Net Profit Margin-14.7%
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 Lexus India Limited, buy the company report.

Board of directors of Lexus India Limited

Lexus India has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Pramod Kumar SarafManaging Director30 Nov 200025 Years 11 MonthsAs last reported
Sandeep Kumar KandoiDirector19 Apr 200719 Years 6 MonthsAs last reported
Shubham SarafDirector30 Apr 20188 Years 6 MonthsAs last reported
Satish AgarwalDirector01 Jun 199234 Years 5 MonthsAs last reported
Kusum SarafDirector15 May 200224 Years 5 MonthsAs last reported

Peer comparison

Lexus India Limited is compared with the 6 companies closest to it by revenue in the Pharma industry (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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
A R K Health Care Pvt Ltd₹5.32 Cr (FY 2024)-34.0%Manimajra, Chandigarh, India
Harihar Pharmaceuticals Private Limited₹5.32 Cr (FY 2025)7.0%Bolangir, Odisha, India
Lexus India Limitedthis company₹5.32 Cr (FY 2024)-₹77.96 Lakh-14.7%99.0%New Delhi, Delhi, India
Meticulous Pharmaceticals Private Limited₹5.31 Cr (FY 2025)36.0%Uttar Pradesh, India
Swastik Formulations Private Limited₹5.3 Cr (FY 2025)13.0%Uttar Pradesh, India
Nupur Pharma Private Limited₹5.3 Cr (FY 2025)-6.0%Delhi, India
Edence Life Sciences Private Limited₹5.29 Cr (FY 2024)17.0%Mumbai, Maharashtra, India

To see the full peer comparison of Lexus India Limited, buy the company report.

Auditor

Lexus India Limited is audited by SANJAY REMMY & CO for the financial year 2024.

Auditor firmFinancial yearFirm registration number
SANJAY REMMY & COFY 2024012349N

Shareholding

The shareholding of Lexus India Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2021FY 2020FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Lexus India Limited, buy the company report.

Charges & borrowings

Open charges
₹6.6 Cr
Satisfied charges
None
Breakdown by lending institutions
Small Industries Development Bank of India₹4.60 Cr
Bank of India₹2.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Oct 200710076748Bank of India₹2 CrOpen
11 Nov 200690333931Small Industries Development Bank of India₹4.6 CrOpen

To see the full charge records of Lexus India Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

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

GST

Lexus India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
05AAACL6145N1ZCUttarakhandActive01 Jul 2017

To see the full GST registrations and return filing status of Lexus India Limited, buy the company report.

Recent activity

Lexus India Limited has 10 board changes on record since 1992: 5 appointments and 5 cessations. The latest: Shubham Saraf ceased to be Additional Director on 29 Sep 2018.

AGM
Lexus India Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Lexus India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Shubham Saraf ceased to be Additional Director.
Ceased
Satish Agarwal ceased to be Director.
Appointed
Shubham Saraf was appointed as Director.
Ceased
Sandeep Kumar Kandoi ceased to be Director.
Charges
A charge with Bank Of India of Rs. 2.00 Cr registered on 13 Oct 2007 with Charge ID 10076748 was modified on 06 Apr 2010.
Ceased
Vinay Agarwal ceased to be Director.
Charges
A charge with Bank Of India amounted to Rs. 2.00 Cr with Charge ID 10076748 was registered on 13 Oct 2007.
Ceased
Rakesh Prakash Kaushik ceased to be Director.
Appointed
Sandeep Kumar Kandoi was appointed as Director.
Charges
A charge with Small Industries Development Bank Of India amounted to Rs. 4.60 Cr with Charge ID 90333931 was registered on 11 Nov 2006.

4 earlier events are in the company report.

Frequently asked questions

Lexus India is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

Lexus India is a company under insolvency, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 01 June 1992 and is registered under CIN U51909DL1992PLC048996. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Lexus India has 5 current directors:

The latest financial statements of Lexus India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Lexus India is U51909DL1992PLC048996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Lexus India has open charges of ₹6.6 Cr and no satisfied charges on record as per latest MCA filings.

Lexus India has 58 court cases on record: 2 filed by the company and 56 filed against it. 4 are pending. Most are in the district courts.

Lexus India was incorporated on 01 June 1992. It is registered with the Registrar of Companies, Delhi.

The peers of Lexus India by revenue are A R K Health Care Pvt Ltd, Harihar Pharmaceuticals Private Limited, Meticulous Pharmaceticals Private Limited, Swastik Formulations Private Limited, Nupur Pharma Private Limited and 1 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Shubham Saraf ceased to be Additional Director on 29 Sep 2018. Satish Agarwal ceased to be Director on 30 Apr 2018. Shubham Saraf was appointed as Director on 30 Apr 2018. Lexus India has 10 board changes on record in total.

The registered office of Lexus India is at H – 25 First Floor Kailash Colony, New Delhi, Delhi, India – 110048.