Max Formulations Private Limited
About Max Formulations Private Limited
Data last updated: 10 February 2026
Max Formulations Private Limited is a private limited company based in Nasik, Maharashtra, India. It specialises in drug formulation and development, a part of the broader pharmaceuticals sector. Incorporated on 03 January 2003, the company has been in operation for over 23 years.
Registered with ROC Mumbai under CIN U24230MH2003PTC138530.
Capital: an authorised share capital of ₹30 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors including Vaibhav Vijay Patil and Dhananjay Rajendra Kale.
Last AGM: 30 September 2006. Financial statements filed for year ended 31 March 2006. Office: B – 24/25 Nice Areasatpur Industrial Area Nasik, Maharashtra, India – 422007.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹87.45 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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Registered AddressB – 24/25 Nice Areasatpur Industrial Area Nasik, Maharashtra, India – 422007
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IndustryPharma, Drug Formulation & Development
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Board of Directors of Max Formulations Private Limited
Max Formulations Private Limited is governed by 3 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaibhav Vijay Patil | Director | 03 Jan 2003 | 23 Years 6 Months | Current |
| Dhananjay Rajendra Kale | Director | 22 Aug 2006 | 19 Years 10 Months | Current |
| Kiran Sudhakar Patil | Director | 02 Apr 2008 | 18 Years 3 Months | Current |
Financials of Max Formulations Private Limited FY 2006 filings available
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| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
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| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
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| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
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| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
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| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
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| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
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| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
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| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
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| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
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| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
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| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
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| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
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| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
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| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
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| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
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| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Charges & Borrowings of Max Formulations Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Dec 2007 | The Hongkong and Shanghai Banking Corporation | ₹2 Cr | Open |
| 22 May 2003 | Bank of India | ₹87.45 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Max Formulations Private Limited
View historical data on people associated with Max Formulations Private Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Max Formulations Private Limited
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GST Compliance of Max Formulations Private Limited
GSTIN & GST Filing Data of Max Formulations Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Max Formulations Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Max Formulations Private Limited
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MSME Payment Delays by Max Formulations Private Limited
MSME Payment Delays by Max Formulations Private Limited
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Subsidiaries & Group Companies of Max Formulations Private Limited
Subsidiaries & Group Companies of Max Formulations Private Limited
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MCA Filings & Documents of Max Formulations Private Limited
MCA Filings & Documents of Max Formulations Private Limited
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Recent Activity on Max Formulations Private Limited
Frequently Asked Questions about Max Formulations Private Limited
Max Formulations Private Limited is an active private limited company in the pharma sector based in Nasik, Maharashtra, India. It was incorporated on 03 January 2003 (23+ years old) and is registered under CIN U24230MH2003PTC138530.
The current directors of Max Formulations Private Limited are:
The primary industry of Max Formulations Private Limited is pharma. The company specifically operates in drug formulation and development. The company is currently active in this sector.
Max Formulations Private Limited can be reached at the registered office: B – 2425 Nice Areasatpur Industrial Area Nasik, Maharashtra, India – 422007.
The authorised capital is ₹30 Lakh, and the paid-up capital is ₹26 Lakh.
The company has its registered office at B – 2425 Nice Areasatpur Industrial Area Nasik, Maharashtra, India – 422007.