Octis Research Laboratories Private Limited
About Octis Research Laboratories Private Limited
Data last updated:
Octis Research Laboratories Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 05 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U01117TN2006PTC059437. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors Ravichandran Rajappa (Managing Director) and Venugopal Ananthanarayanan Thangaraj.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Ak – 25 11th Main Road Anna Nagar, Chennai, Tamil Nadu, India – 600040.
As per the financials filed for FY 2018, the company reported a revenue of ₹56.28 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹1.4 Lakh (net margin -2.5%) and EBITDA of ₹6.01 Lakh (EBITDA margin 10.7%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years.
As per MCA filings, the company has satisfied charges of ₹25 Lakh on record. Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Octis Research Laboratories 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 AddressAk – 25 11th Main Road Anna Nagar, Chennai, Tamil Nadu, India – 600040
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Octis Research Laboratories 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 Octis Research Laboratories is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Octis Research Laboratories Private Limited, buy the company report.
Financials of Octis Research Laboratories Private Limited
FY 2018 filings availableOctis Research Laboratories Private Limited reported revenue of ₹56.28 Lakh (down 86% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over three years, including a 86% fall in the latest year. EBITDA rose 245% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹56.28 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹6.01 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.4 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 10.7% | |||
| Net Profit Margin | -2.5% | |||
| 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 Octis Research Laboratories Private Limited, buy the company report.
Board of directors of Octis Research Laboratories Private Limited
Octis Research Laboratories has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravichandran Rajappa Also directs: G-Tab Pharma Private Limited | Managing Director | 05 Apr 2006 | 20 Years 7 Months | Current |
| Venugopal Ananthanarayanan Thangaraj | Director | 22 Apr 2006 | 20 Years 6 Months | Current |
Peer comparison
Octis Research Laboratories Private 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Biogreen Remedies Private Limited | ₹56.43 Lakh (FY 2025) | -12.0% | Banjarahills, Telangana, India | |||
| Octis Research Laboratories Private Limitedthis company | ₹56.28 Lakh (FY 2018) | -₹1.4 Lakh | -2.5% | -86.0% | Chennai, Tamil Nadu, India | |
| Vyden Lifesciences Private Limited | ₹56.22 Lakh (FY 2025) | -12.0% | Delhi, India | |||
| Vithai Pharmaceuticals Private Limited | ₹56.12 Lakh (FY 2024) | 173.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Octis Research Laboratories Private Limited, buy the company report.
Auditor
Octis Research Laboratories Private Limited is audited by AGRAWAL GOYAL & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGRAWAL GOYAL & CO | FY 2018 | 004977C |
Shareholding
The shareholding of Octis Research Laboratories Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Octis Research Laboratories Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2007 | 10091018 | Axis Bank Limited | ₹25 Lakh | Satisfied |
To see the full charge records of Octis Research Laboratories Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Octis Research Laboratories Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Amcure Chemicals | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by M/S. Turakhia Brothers | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Ms Amcure Chemicals | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by an individual | Disposed |
To see the full case history of Octis Research Laboratories 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 Octis Research Laboratories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Octis Research Laboratories has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Octis Research Laboratories Private Limited, buy the company report.
Recent activity
Octis Research Laboratories Private Limited has 9 board changes on record since 2006: 2 appointments and 7 cessations. The latest: Muthulakshmanan Karthick Prabhu ceased to be Director on 04 Nov 2016.
2 earlier events are in the company report.
Frequently asked questions
Octis Research Laboratories is an active private limited company based in Chennai, Tamil Nadu, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 05 April 2006 (20+ years old) and is registered under CIN U01117TN2006PTC059437.
Octis Research Laboratories has 2 current directors:
- Ravichandran Rajappa - Managing Director
- Venugopal Ananthanarayanan Thangaraj - Director
The latest financial statements of Octis Research Laboratories on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Octis Research Laboratories has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Octis Research Laboratories is U01117TN2006PTC059437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Octis Research Laboratories has 4 court cases on record: 4 filed against it.
Octis Research Laboratories was incorporated on 05 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Octis Research Laboratories by revenue are Biogreen Remedies Private Limited, Vyden Lifesciences Private Limited, Vithai Pharmaceuticals Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Muthulakshmanan Karthick Prabhu ceased to be Director on 04 Nov 2016. Balaguru Kuppusamyv ceased to be Director on 17 Aug 2009. Balasubramanian Balachandar ceased to be Director on 17 Aug 2009. Octis Research Laboratories has 9 board changes on record in total.
The registered office of Octis Research Laboratories is at Ak – 25 11th Main Road Anna Nagar, Chennai, Tamil Nadu, India – 600040.
Octis Research Laboratories operates in the pharma industry, in the drug formulation and development segment.
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