MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0065646
Navin Saxena Research and Technology Private Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹13.34 Cr
▼ 16% YoY
Net loss · FY 2025
₹70.08 Lakh
Net margin -5.3%
EBITDA · FY 2025
₹2.53 Cr
EBITDA margin 19%
Authorised capital
₹8.15 Cr
Registered with MCA
Paid-up capital
₹8.12 Cr
Issued & subscribed
Open charges
₹30 Cr
Secured borrowings
Company age
32 yrs
Est. 1994
Employees · EPFO
65
Provident fund records
About Navin Saxena Research and Technology Private Limited
Data last updated:
Navin Saxena Research and Technology Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 23 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U73100MH1994PTC083220. Its GSTIN is 24AABCN2510J1ZW (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹8.15 Cr and a paid-up capital of ₹8.12 Cr. It is led by directors including Aakarsh Navin Saxena (Whole-Time Director) and Kunal Navin Saxena.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 58 – D Govt Industiral Estatecharkop Kandivali West, Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.34 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹70.08 Lakh (net margin -5.3%) and EBITDA of ₹2.53 Cr (EBITDA margin 19%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years.
The company has about 65 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Navin Saxena Research and Technology. As per MCA filings, the company has open charges of ₹30 Cr on record.
Navin Saxena Research and Technology Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0065646). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nsrtc.com.
Company details
CIN U73100MH1994PTC083220
Registration Number 083220
Incorporation Date 23 November 1994
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0065646
Key People
Aakarsh Navin Saxena Whole-Time Director Kunal Navin Saxena Director Navin Satyapal Sexena Director Recognitions & Rankings of Navin Saxena Research and Technology
Contact details
Navin Saxena Research and Technology Private Limited's registered office is in Mumbai, Maharashtra. Its website is nsrtc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address58 – D Govt Industiral Estatecharkop Kandivali West, Mumbai, Maharashtra, India – 400067
- IndustryPharma, Drug Formulation & Development, Pharma Contract R&D
To see the full contact details of Navin Saxena Research and Technology Private Limited, buy the company report.
Comprehensive company report
Navin Saxena Research and Technology Private 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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Brands
Navin Saxena Research and Technology operates one associated brand: Navin Saxena Research and Technology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Research and development in drug design, manufacturing, and delivery systems. | nsrtc.com |
Business activity
The main business activities of Navin Saxena Research and Technology are professional, scientific and technical and trade. In detail, this covers scientific research and development and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Navin Saxena Research and Technology Private Limited, buy the company report.
Financials of Navin Saxena Research and Technology Private Limited
FY 2024 filings availableNavin Saxena Research and Technology Private Limited reported revenue of ₹13.34 Cr (down 16% YoY) for FY 2025.
Revenue · FY 2025
₹13.34 Cr ▼ 16%
Net loss · FY 2025
₹70.08 Lakh margin -5.3%
EBITDA · FY 2025
₹2.53 Cr margin 19%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 29%
5 years · compounded
▼ 8%
Revenue has declined at a compounded annual rate (CAGR) of 10% over three years, including a 16% fall in the latest year. EBITDA fell 8% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹2.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹70.08 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19% | ||||
| Net Profit Margin | -5.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Navin Saxena Research and Technology Private Limited, buy the company report.
Board of directors of Navin Saxena Research and Technology Private Limited
Navin Saxena Research and Technology has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Navin Saxena Also directs: Navicare Pharma Private Limited, Rusan Health Care Private Limited, Rusan Pharma Limited and 5 more | Director | 19 Apr 2013 | 13 Years 6 Months | Current |
| Navin Satyapal Sexena Also directs: Navicare Pharma Private Limited, Rusan Health Care Private Limited, Rusan Pharma Limited and 4 more | Director | 23 Nov 1994 | 31 Years 11 Months | Current |
| Aakarsh Navin Saxena Also directs: Rusan Pharma Limited | Whole-Time Director | 08 Feb 2016 | 10 Years 9 Months | Current |
Auditor
Navin Saxena Research and Technology Private Limited is audited by GUPTA SAHARIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA SAHARIA & CO. | FY 2023 | 103446W |
Shareholding
The shareholding of Navin Saxena Research and Technology Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Navin Saxena Research and Technology Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2015 | 10603638 | Icici Bank Limited | ₹30 Cr | Open |
To see the full charge records of Navin Saxena Research and Technology Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Navin Saxena Research and Technology 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
Navin Saxena Research and Technology Private Limited has 12 MSME Form 1 returns on record between 2018 and 2023, listing 192 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Shreetech Associates | |||
| Labindia Analytical Instruments Private Limited | |||
| Parle Tableting Technologies Private Limited | |||
| Finar Limited |
To see the full MSME payment records of Navin Saxena Research and Technology Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Navin Saxena Research and Technology Private Limited has a workforce of 65 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
65
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 65 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Navin Saxena Research and Technology Private Limited, buy the company report.
GST
Navin Saxena Research and Technology has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCN2510J1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Navin Saxena Research and Technology Private Limited, buy the company report.
Recent activity
Navin Saxena Research and Technology Private Limited has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Aakarsh Navin Saxena was appointed as Whole-Time Director on 08 Feb 2016.
AGM
Navin Saxena Research And Technology Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Navin Saxena Research And Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Aakarsh Navin Saxena was appointed as Whole-Time Director.
Charges
A charge with Icici Bank Limited of Rs. 30.00 Cr registered on 29 Sep 2015 with Charge ID 10603638 was modified on 08 Oct 2015.
Charges
A charge with Icici Bank Limited amounted to Rs. 30.00 Cr with Charge ID 10603638 was registered on 29 Sep 2015.
Ceased
Archana Navin Saxena ceased to be Director.
Appointed
Kunal Navin Saxena was appointed as Director.
Appointed
Navin Satyapal Sexena was appointed as Director.
Incorporation
23 Nov 1994
Navin Saxena Research And Technology Private Limited was registered on 23 Nov 1994 with Roc Mumbai & aged 31 years 11 months as per MCA records.
Frequently asked questions
Navin Saxena Research and Technology is an active private limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 23 November 1994 (32+ years old) and is registered under CIN U73100MH1994PTC083220.
Navin Saxena Research and Technology has 3 current directors:
- Aakarsh Navin Saxena - Whole-Time Director
- Kunal Navin Saxena - Director
- Navin Satyapal Sexena - Director
The latest financial statements of Navin Saxena Research and Technology on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Navin Saxena Research and Technology is 24AABCN2510J1ZW, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Navin Saxena Research and Technology is U73100MH1994PTC083220. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Navin Saxena Research and Technology was incorporated on 23 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Aakarsh Navin Saxena was appointed as Whole-Time Director on 08 Feb 2016. Archana Navin Saxena ceased to be Director on 20 Apr 2013. Kunal Navin Saxena was appointed as Director on 19 Apr 2013. Navin Saxena Research and Technology has 4 board changes on record in total.
Yes, Navin Saxena Research and Technology is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0065646).
Navin Saxena Research and Technology has 12 MSME Form 1 returns on record between 2018 and 2023, listing 192 overdue payments to 15 micro and small suppliers. The latest return was filed on 14 Nov 2023.
Navin Saxena Research and Technology can be reached through the website nsrtc.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Navin Saxena Research and Technology is at 58 – D Govt Industiral Estatecharkop Kandivali West, Mumbai, Maharashtra, India – 400067.
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