Malabar Organics Ltd
About Malabar Organics Ltd
Data last updated:
Malabar Organics Ltd was a public limited company based in Koyilandy, Kerala, India. The company has been dissolved as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 16 October 1986.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U24119KL1986PLC004576.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.38 Cr. It was led by directors including Vijayan Arikkath (Managing Director) and Lakshminarasimman Sarumathy (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 27 August 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 13/334 Hill Bazar Moodadi North, Koyilandy, Kerala, India – 673325.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.95 Lakh, a growth of 36% compared to the previous year. For the same year it recorded a net loss of ₹11.43 Lakh and EBITDA of -₹11.43 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 5% over five years.
As per MCA filings, the company had satisfied charges of ₹1.58 Cr on record. Court records list 10 cases involving the company, including 5 filed by the company and 5 filed against it.
Company details
Contact details
Malabar Organics Ltd's registered office is in Koyilandy, Kerala. Its e-mail address is in the company report.
- Email
- Registered Address13/334 Hill Bazar Moodadi North, Koyilandy, Kerala, India – 673325
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Malabar Organics Ltd, 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
Business activity
The main business activity of Malabar Organics 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 |
Financials of Malabar Organics Ltd
FY 2022 filings availableMalabar Organics Ltd reported revenue of ₹1.95 Lakh (up 36% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 36% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.95 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹11.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.43 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Malabar Organics Ltd, buy the company report.
Board of directors of Malabar Organics Ltd
Malabar Organics has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshminarasimman Sarumathy | Irp/Rp/Liquidator | 26 Apr 2023 | 3 Years 6 Months | As last reported |
| Maniamkode Jinachandran Vijayapadman Also directs: The Mathru Bhumi Printing and Publishing Company Limited | Director | 10 Oct 1988 | 38 Years 0 Months | As last reported |
| Gopalan Ambalathil Meethal Also directs: Sree Gokulam Seek Edu LLP, Gokulam KVH Baby Care Product LLP, Sree Gokulam Five Flours LLP and 5 more | Director | 13 Feb 1992 | 34 Years 8 Months | As last reported |
| Vijayan Arikkath Also directs: Alakapuri Hotels Private Limited | Managing Director | 10 Oct 1988 | 38 Years 0 Months | As last reported |
Peer comparison
Malabar Organics Ltd is compared with the 3 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apotheca Pharmaceuticals Private Limited | ₹1.98 Lakh (FY 2024) | -46.0% | Hyderabad, Telangana, India | |||
| Malabar Organics Ltdthis company | ₹1.95 Lakh (FY 2022) | -₹11.43 Lakh | 36.0% | Koyilandy, Kerala, India | ||
| Brillanz Pharma Private Limited | ₹1.94 Lakh (FY 2023) | -59.0% | Kamothe, Maharashtra, India | |||
| Emsons Organics Limited | ₹1.92 Lakh (FY 2016) | -26.0% | Rajpura, Punjab, India |
To see the full peer comparison of Malabar Organics Ltd, buy the company report.
Auditor
Malabar Organics Ltd is audited by K V NARAYANAN KUTTY & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K V NARAYANAN KUTTY & CO | FY 2021 | 002387S |
Shareholding
The shareholding of Malabar Organics Ltd is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Malabar Organics Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Apr 1992 | 80054474 | Vijaya Bank | ₹23 Lakh | Satisfied | |
| 08 Apr 1992 | 80054473 | Kerala Financial Corporation | ₹60 Lakh | Satisfied | |
| 08 Apr 1992 | 80054472 | Kerala State Industrial Development Corporation Limited | ₹75 Lakh | Satisfied |
To see the full charge records of Malabar Organics Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
Malabar Organics Ltd has 10 court cases on record: 5 filed by Malabar Organics, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 0 |
| Supreme Court | 2 | 2 | 0 |
| District courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed by the company against M/S.India Cements Capital & Finance Ltd. | Disposed |
| High Court | Court case (CMCP) | Filed by the company against M/S.India Cements Capital & Finance Ltd and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Chempro Expertise Pvt Ltd | Disposed |
| NCLT, Kochi | Insolvency matter | Filed by the company | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by State of Kerala | Disposed |
To see the full case history of Malabar Organics Ltd, 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 Malabar Organics Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Malabar Organics Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Malabar Organics Ltd has 5 board changes on record since 1988: 4 appointments and 1 cessation. The latest: Lakshminarasimman Sarumathy was appointed as Irp/Rp/Liquidator on 26 Apr 2023.
5 earlier events are in the company report.
Frequently asked questions
Malabar Organics has been "Dissolved" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Malabar Organics was a public limited company based in Koyilandy, Kerala, India. The company worked in drug formulation and development, within the pharma industry. It was incorporated on 16 October 1986 and is registered under CIN U24119KL1986PLC004576. The company is recorded as dissolved in MCA records and no longer exists as a legal entity.
Malabar Organics was incorporated on 16 October 1986. It is registered with the Registrar of Companies, Ernakulam.
Malabar Organics had 4 directors:
- Vijayan Arikkath - Managing Director
- Maniamkode Jinachandran Vijayapadman - Director
- Gopalan Ambalathil Meethal - Director
- Lakshminarasimman Sarumathy - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Malabar Organics is U24119KL1986PLC004576. 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 Malabar Organics is at 13334 Hill Bazar Moodadi North, Koyilandy, Kerala, India – 673325.
The latest financial statements of Malabar Organics on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 27 August 2022. Year-wise statements from 2015 are in the company report.
Malabar Organics operated in the pharma industry, in the drug formulation and development segment.
The peers of Malabar Organics by revenue are Apotheca Pharmaceuticals Private Limited, Brillanz Pharma Private Limited, Emsons Organics Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Malabar Organics has 10 court cases on record: 5 filed by the company and 5 filed against it. Most are in the high courts.
Lakshminarasimman Sarumathy was appointed as Irp/Rp/Liquidator on 26 Apr 2023. Ellickal Kuriakose Joseph ceased to be Director on 03 Mar 2022. Gopalan Ambalathil Meethal was appointed as Director on 13 Feb 1992. Malabar Organics has 5 board changes on record in total.