About Maxwell Formulations Private Limited
Data last updated:
Maxwell Formulations Private Limited is a private limited company based in Nellore, Andhra Pradesh, India. It operates in the animal pharmaceuticals and healthcare segment of the pharmaceuticals sector. It was incorporated on 03 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U15510AP2014PTC092719. Its GSTIN is 37AAJCM1457H1ZB (Andhra Pradesh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹55.5 Lakh. It is led by directors Alapati Srinivasulu Reddy and Alapati Swathi.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at H.No: 11 – 1 – 192/3 Santhi Nagar Kovur, Nellore, Andhra Pradesh, India – 524137.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.17 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Lakh (net margin 0.9%) and EBITDA of ₹13.66 Lakh (EBITDA margin 11.7%). Revenue has declined at a compounded annual rate (CAGR) of 11% over five years.
As per MCA filings, the company has open charges of ₹49.94 Lakh on record. Court records list 31 cases involving the company, including 29 filed by the company and 2 filed against it; 7 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website maxwellaquavet.com.
Company details
Contact details
Maxwell Formulations Private Limited's registered office is in Nellore, Andhra Pradesh. Its website is maxwellaquavet.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH.No: 11 – 1 – 192/3 Santhi Nagar Kovur, Nellore, Andhra Pradesh, India – 524137
- IndustryPharma, Animal Pharmaceuticals & Healthcare
To see the full contact details of Maxwell Formulations Private Limited, 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 Maxwell Formulations is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Maxwell Formulations Private Limited, buy the company report.
Financials of Maxwell Formulations Private Limited
FY 2022 filings availableMaxwell Formulations Private Limited reported revenue of ₹1.17 Cr (down 25% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 25% fall 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
| 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.66 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.02 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 | 11.7% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Maxwell Formulations Private Limited, buy the company report.
Board of directors of Maxwell Formulations Private Limited
Maxwell Formulations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alapati Srinivasulu Reddy | Director | 03 Feb 2014 | 12 Years 9 Months | Current |
| Alapati Swathi | Director | 03 Feb 2014 | 12 Years 9 Months | Current |
Auditor
Maxwell Formulations Private Limited is audited by MAHESH T & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESH T & CO | FY 2017 | 013155S |
Shareholding
The shareholding of Maxwell Formulations Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Maxwell Formulations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2017 | 100145164 | State Bank of India | ₹49.94 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Maxwell Formulations Private Limited has 31 court cases on record: 29 filed by Maxwell Formulations, 2 filed against it. 7 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 1 | 6 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nellore, Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Pending |
| High Court, ANDHRAPRADESH | Appeal | Filed by the company against The State of Andhra Pradesh and 1 other | Pending |
| District court, Nellore, Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Nellore, Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Nellore, Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Maxwell Formulations Private Limited, 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 Maxwell Formulations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maxwell Formulations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAJCM1457H1ZB | Andhra Pradesh | Active | 13 Sep 2017 |
To see the full GST registrations and return filing status of Maxwell Formulations Private Limited, buy the company report.
Recent activity
Maxwell Formulations Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Alapati Srinivasulu Reddy was appointed as Director on 03 Feb 2014.
Frequently asked questions
Maxwell Formulations is an active private limited company based in Nellore, Andhra Pradesh, India. The company works in animal pharmaceuticals and healthcare, within the pharma industry. It was incorporated on 03 February 2014 (12+ years old) and is registered under CIN U15510AP2014PTC092719.
Maxwell Formulations has 2 current directors:
- Alapati Srinivasulu Reddy - Director
- Alapati Swathi - Director
The latest financial statements of Maxwell Formulations on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Maxwell Formulations is 37AAJCM1457H1ZB, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Maxwell Formulations is U15510AP2014PTC092719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxwell Formulations has 31 court cases on record: 29 filed by the company and 2 filed against it. 7 are pending. Most are in the district courts.
Maxwell Formulations was incorporated on 03 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Vijayawada.
Alapati Srinivasulu Reddy was appointed as Director on 03 Feb 2014. Alapati Swathi was appointed as Director on 03 Feb 2014.
Maxwell Formulations can be reached through the website maxwellaquavet.com. Its registered office is in Nellore, Andhra Pradesh, India.
The registered office of Maxwell Formulations is at H.No: 11 – 1 – 1923 Santhi Nagar Kovur, Nellore, Andhra Pradesh, India – 524137.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
