Midhula Formulations Private Limited
About Midhula Formulations Private Limited
Data last updated:
Midhula Formulations Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 29 May 1998.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U51909TN1998PTC040582. Its GSTIN is 33AACCM1966G1ZM (Tamil Nadu).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Bharathkumar Baskar (Director Appointed In Casual Vacancy) and Nagarajan Sidharthan.
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 was at No.35/2 13th Lane Indira Nagar Adyar, Chennai, Tamil Nadu, India – 600020.
As per the financials filed for FY 2020, the company reported a revenue of ₹26,045, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹73,521 (net margin -282.3%) and EBITDA of -₹63,004 (EBITDA margin -241.9%).
As per MCA filings, the company had satisfied charges of ₹5 Lakh on record.
Company details
Contact details
Midhula Formulations Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.35/2 13th Lane Indira Nagar Adyar, Chennai, Tamil Nadu, India – 600020
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Midhula 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 Midhula Formulations is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
Financials of Midhula Formulations Private Limited
FY 2023 filings availableMidhula Formulations Private Limited reported revenue of ₹26,045 (down 92% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 92% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹26,045 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹63,004 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹73,521 | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -241.9% | ||||
| Net Profit Margin | -282.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Midhula Formulations Private Limited, buy the company report.
Board of directors of Midhula Formulations Private Limited
Midhula Formulations has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharathkumar Baskar Also directs: Shreyas Sriram Infra LLP, Crimstone Private Limited, Immune Algorithmics India Private Limited and 3 more | Director Appointed In Casual Vacancy | 15 Feb 2023 | 3 Years 8 Months | As last reported |
| Nagarajan Sidharthan | Director | 29 May 1998 | 28 Years 5 Months | As last reported |
Shareholding
The shareholding of Midhula Formulations Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Midhula Formulations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2000 | 90283961 | Central Bank of India Limited | ₹5 Lakh | Satisfied |
To see the full charge records of Midhula Formulations Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Midhula Formulations Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Midhula Formulations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Midhula Formulations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCM1966G1ZM | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Midhula Formulations Private Limited, buy the company report.
Recent activity
Midhula Formulations Private Limited has 3 board changes on record since 1998: 2 appointments and 1 cessation. The latest: Bharathkumar Baskar was appointed as Director Appointed In Casual Vacancy on 15 Feb 2023.
Frequently asked questions
Midhula Formulations has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Midhula Formulations was a private limited company based in Chennai, Tamil Nadu, India. The company worked in wholesale, within the trading industry. It was incorporated on 29 May 1998 and is registered under CIN U51909TN1998PTC040582. The company has been struck off by the Registrar of Companies and is no longer operational.
Midhula Formulations had 2 directors:
- Bharathkumar Baskar - Director Appointed In Casual Vacancy
- Nagarajan Sidharthan - Director
The CIN (Corporate Identification Number) of Midhula Formulations is U51909TN1998PTC040582. 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 Midhula Formulations is at No.352 13th Lane Indira Nagar Adyar, Chennai, Tamil Nadu, India – 600020.
Midhula Formulations was incorporated on 29 May 1998. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Midhula Formulations 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 2015 are in the company report.
The GSTIN of Midhula Formulations is 33AACCM1966G1ZM, registered in Tamil Nadu.
Midhula Formulations operated in the trading industry, in the wholesale segment. It worked in this industry before it was struck off.
Bharathkumar Baskar was appointed as Director Appointed In Casual Vacancy on 15 Feb 2023. Sidharthan Kalpana ceased to be Director on 15 Feb 2023. Nagarajan Sidharthan was appointed as Director on 29 May 1998.
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