Ratchet Laboratories Limited

Ratchet Laboratories Limited - pharma in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U24239DL2004PLC124183 Incorporated 20 January 2004 ROC Delhi HQ New Delhi, Delhi, India
Active Public Limited Company pharma
Data last updated
Revenue · FY 2016
₹82.06 Lakh
▼ 72% YoY
Net loss · FY 2016
₹4.01 Cr
Net margin -488.2%
EBITDA · FY 2016
-₹68.74 Lakh
EBITDA margin -83.8%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹11.37 Cr
Issued & subscribed
Open charges
₹58.22 Cr
Secured borrowings
Company age
22 yrs
Est. 2004
Directors on board
3
As per MCA filings

About Ratchet Laboratories Limited

Data last updated:

Ratchet Laboratories Limited is a public limited company based in New Delhi, Delhi, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 20 January 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24239DL2004PLC124183. The company has 2 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹11.37 Cr. It is led by directors including Manoj Kumar (Managing Director) and Sanjay Vasudev.

Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 8/11 East Patel Nagar, New Delhi, Delhi, India – 110014.

As per the financials filed for FY 2016, the company reported a revenue of ₹82.06 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹4.01 Cr (net margin -488.2%) and EBITDA of -₹68.74 Lakh (EBITDA margin -83.8%).

As per MCA filings, the company has open charges of ₹58.22 Cr on record. Court records list 82 cases involving the company, including 8 filed by the company and 74 filed against it; 10 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 ratchetindia.com.

Company details

CIN U24239DL2004PLC124183
Registration Number 124183
Incorporation Date 20 January 2004
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2016
Date of Balance Sheet 31 March 2016
Compliance Status Active Non-Compliant

Contact details

Ratchet Laboratories Limited's registered office is in New Delhi, Delhi. Its website is ratchetindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    8/11 East Patel Nagar, New Delhi, Delhi, India – 110014
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Ratchet Laboratories Limited, buy the company report.

Comprehensive company report
Ratchet Laboratories 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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Business activity

The main business activity of Ratchet Laboratories 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 Ratchet Laboratories Limited, buy the company report.

Financials of Ratchet Laboratories Limited

FY 2016 filings available

Ratchet Laboratories Limited reported revenue of ₹82.06 Lakh (down 72% YoY) for FY 2016.

Revenue · FY 2016
₹82.06 Lakh ▼ 72%
Net loss · FY 2016
₹4.01 Cr margin -488.2%
EBITDA · FY 2016
-₹68.74 Lakh margin -83.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 72%
EBITDA CAGR growth
1 year
▲ 95%

Revenue fell 72% in the latest year. EBITDA rose 95% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹82.06 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹68.74 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.01 Cr
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 2015-16FY 2014-15
Profitability
EBITDA Margin-83.8%
Net Profit Margin-488.2%
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 Ratchet Laboratories Limited, buy the company report.

Board of directors of Ratchet Laboratories Limited

Ratchet Laboratories has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manoj KumarManaging Director20 Jan 200422 Years 9 MonthsCurrent
Sanjay RanaAdditional Director18 Mar 201511 Years 7 MonthsCurrent
Sanjay VasudevDirector25 Nov 20178 Years 10 MonthsCurrent

Peer comparison

Ratchet Laboratories Limited 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Creative Remedies Pvt Ltd₹82.07 Lakh (FY 2025)-46.0%Ahmedabad, Gujarat, India
Ratchet Laboratories Limitedthis company₹82.06 Lakh (FY 2016)-₹4.01 Cr-488.2%-72.0%New Delhi, Delhi, India
Koplar Healthcare Private Limited₹82 Lakh (FY 2025)7.0%Bangalore, Karnataka, India
Ximing Labs Private Limited₹81.75 Lakh (FY 2024)32.0%Palanpur, Gujarat, India

To see the full peer comparison of Ratchet Laboratories Limited, buy the company report.

Auditor

Ratchet Laboratories Limited is audited by I P ARORA & CO for the financial year 2016.

Auditor firmFinancial yearFirm registration number
I P ARORA & COFY 2016014939N

Shareholding

The shareholding of Ratchet Laboratories Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Ratchet Laboratories Limited, buy the company report.

Charges & borrowings

Open charges
₹58.22 Cr
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹55.59 Cr
Intec Capital Limited₹2.33 Cr
Director of Industries ( Swca) Himachal Pardesh₹0.30 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Mar 201410488195Canara Bank₹5.86 CrOpen
28 Mar 201410488196Canara Bank₹37 LakhOpen
28 Mar 201410488257Canara Bank₹1.47 CrOpen
28 Mar 201410488269Canara Bank₹1.5 CrOpen
24 Jul 201310438732Intec Capital Limited₹2.33 CrOpen

To see the full charge records of Ratchet Laboratories Limited, buy the company report.

Total charge records: 13 View all charges

MSME payment delays

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

GST

Ratchet Laboratories has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

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

Recent activity

Ratchet Laboratories Limited has 20 board changes on record since 2004: 3 appointments and 17 cessations. The latest: Sanjay Vasudev was appointed as Director on 25 Nov 2017.

Appointed
Sanjay Vasudev was appointed as Director.
AGM
Ratchet Laboratories Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Ceased
Jalesh Kumar Grover ceased to be Additional Director.
Filing
Ratchet Laboratories Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Delhi.
Ceased
Rajesh Mehndiratta ceased to be Additional Director.
Ceased
Sanjay Rana ceased to be Additional Director.
Ceased
Riteshe Paltani ceased to be Additional Director.
Appointed
Sanjay Rana was appointed as Additional Director.
Ceased
Kaptan Singh ceased to be Company Secretary.
Charges
A charge with Canara Bank amounted to Rs. 5.86 Cr with Charge ID 10488195 was registered on 28 Mar 2014.
Charges
A charge with Canara Bank amounted to Rs. 0.37 Cr with Charge ID 10488196 was registered on 28 Mar 2014.
Charges
A charge with Canara Bank amounted to Rs. 1.47 Cr with Charge ID 10488257 was registered on 28 Mar 2014.

27 earlier events are in the company report.

Frequently asked questions

Ratchet Laboratories is an active 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 20 January 2004 (22+ years old) and is registered under CIN U24239DL2004PLC124183.

Ratchet Laboratories has 3 current directors:

The latest financial statements of Ratchet Laboratories on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.

No. Ratchet Laboratories has 2 GST registrations on record and all of them are cancelled or inactive.

The CIN (Corporate Identification Number) of Ratchet Laboratories is U24239DL2004PLC124183. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ratchet Laboratories has 82 court cases on record: 8 filed by the company and 74 filed against it. 10 are pending. Most are in the district courts.

Ratchet Laboratories was incorporated on 20 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Ratchet Laboratories by revenue are Creative Remedies Pvt Ltd, Koplar Healthcare Private Limited, Ximing Labs Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Sanjay Vasudev was appointed as Director on 25 Nov 2017. Jalesh Kumar Grover ceased to be Additional Director on 30 Sep 2016. Rajesh Mehndiratta ceased to be Additional Director on 03 Mar 2016. Ratchet Laboratories has 20 board changes on record in total.

Ratchet Laboratories can be reached through the website ratchetindia.com. Its registered office is in New Delhi, Delhi, India.

The registered office of Ratchet Laboratories is at 811 East Patel Nagar, New Delhi, Delhi, India – 110014.