
About Parnax Lab Limited
Data last updated:
Parnax Lab Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 03 August 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L36912MH1982PLC027925. Its GSTIN is 27AAACK1457E1ZT (Maharashtra). The company holds 3 GST registrations, of which 2 are active. Its shares are listed on BSE: 506128.
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹11.49 Cr. It was formerly known as Krishna-Deep Trade and Investment Ltd. It is led by directors including Mihir Prakash Shah (Managing Director) and Ami Mihir Shah.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gala No. 114 Bldg. No. 8 Jogani Industrial Complex Chunabhatti, Mumbai, Maharashtra, India – 400022.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹248.54 Cr, a growth of 32.39% compared to the previous year. The net worth stands at ₹95.14 Cr (up 14.49% YoY). Total assets are valued at ₹179.22 Cr (up 16.83% YoY).
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Naxpar Group. As per MCA filings, the company has open charges of ₹24.2 Cr and satisfied charges of ₹4.66 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website naxparlab.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGala No. 114 Bldg. No. 8 Jogani Industrial Complex Chunabhatti, Mumbai, Maharashtra, India – 400022
- IndustryPharma, Drug Formulation & Development
- 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
- One PDF report, delivered after checkout
CIN History of Parnax Lab
Parnax Lab has one previous CIN (Corporate Identification Number): L67120MH1982PLC027925. The current CIN is L36912MH1982PLC027925, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L36912MH1982PLC027925 | Current |
| L67120MH1982PLC027925 | Previous |
Associated Brands with Parnax Lab
Parnax Lab operates one associated brand: Naxpar Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical, cosmetic, herbal, and nutraceutical formulations are manufactured. | naxparlab.com |
Business Activity of Parnax Lab
The main business activity of Parnax Lab is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Parnax Lab Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Parnax Lab
Parnax Lab Limited is audited by M/s. C.N.Patel & Co for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M/s. C.N.Patel & Co | Locked | Locked | Locked |
Complete auditor history for Parnax Lab Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Parnax Lab Limited
Parnax Lab has 6 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ami Mihir Shah | Director | 31 Mar 2015 | 11 Years 6 Months | Current |
| Yogesh Kantilal Varia Also directs: Naxpar Pharma Private Limited | Director | 28 May 2021 | 5 Years 4 Months | Current |
| Vijaykumar Shivaji Ayare Also directs: Wanbury Pharma Limited | Director | 10 Feb 2025 | 1 Years 7 Months | Current |
| Mihir Prakash Shah Also directs: Novomed Pharma Pvt. Ltd, Naxpar Pharma Private Limited | Managing Director | 05 Jul 2024 | 2 Years 2 Months | Current |
| Binoy Baiju Shah | Director | 05 Jul 2024 | 2 Years 2 Months | Current |
| Harish Sunderlal Panpalia Also directs: Naxpar Pharma Private Limited | Director | 11 Aug 2023 | 3 Years 1 Months | Current |
Financials of Parnax Lab Limited FY 2025-26 filings available
Parnax Lab Limited reported revenue of ₹248.54 Cr (up 32.39% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 249 | 188 | 189 | 168 | 163 | 90.06 | 95.31 |
| Revenue growth | +38.3% | -2.5% | +14.2% | +3.3% | +74.7% | -9.9% | -9.8% |
| EBITDA | 25.88 | 26.77 | 23.55 | 22.99 | 23.03 | 9.94 | 6.43 |
| EBITDA margin | +10.4% | +14.3% | +12.5% | +13.7% | +14.1% | +11.0% | +6.8% |
| Profit before tax | 15.90 | 15.68 | 12.06 | 12.28 | 12.26 | (0.09) | (1.97) |
| Net profit | 12.80 | 11.71 | 9.60 | 8.61 | 8.23 | (0.38) | (2.92) |
| Net profit margin | +5.2% | +6.2% | +5.1% | +5.1% | +5.1% | -0.4% | -3.1% |
| EPS (₹) | 10.27 | 10.03 | 8.37 | 7.50 | 8.40 | (0.43) | (3.43) |
| Balance sheet | |||||||
| Total assets | 179 | 153 | 153 | 117 | 118 | 91.78 | 84.37 |
| Net worth | 95.14 | 83.10 | 71.58 | 62.16 | 48.18 | 32.54 | 32.79 |
| Total debt | 82.79 | 69.53 | 80.64 | 54.72 | 69.08 | 58.90 | 51.23 |
| Cash & bank | 2.26 | 2.68 | 1.88 | 2.78 | 5.78 | 1.27 | 1.30 |
| Net working capital | 48.20 | 33.72 | 40.69 | 33.66 | 38.56 | 26.63 | 24.51 |
| Cash flow | |||||||
| Cash from operations | 8.00 | 32.30 | 15.88 | 20.91 | 8.55 | 6.31 | 8.75 |
| Cash from investing | (16.39) | (16.39) | (31.52) | (9.92) | (16.50) | (6.56) | (13.33) |
| Cash from financing | 8.18 | (15.82) | 14.82 | (14.07) | 12.13 | 0.05 | 5.03 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 56.80 | 69.63 | 62.94 | 62.60 | 53.38 | 49.04 | 40.22 | 48.36 |
| Revenue growth (YoY) | +6.4% | +42.0% | +56.5% | +29.5% | +6.5% | +5.8% | -21.1% | +13.5% |
| Other income | 0.15 | 1.99 | 0.97 | 0.63 | 0.18 | 0.43 | 0.19 | 0.95 |
| EBITDA | 4.30 | 4.66 | 5.71 | 8.08 | 7.44 | 6.63 | 4.28 | 7.24 |
| EBITDA margin | +7.6% | +6.7% | +9.1% | +12.9% | +13.9% | +13.5% | +10.6% | +15.0% |
| Depreciation | 2.22 | 2.04 | 1.96 | 2.10 | 1.94 | 1.83 | 1.79 | 1.94 |
| Interest | 1.64 | 1.61 | 1.47 | 1.40 | 1.22 | 1.28 | 1.23 | 1.38 |
| Profit before tax | 0.59 | 3.00 | 3.25 | 5.21 | 4.46 | 3.95 | 1.45 | 4.87 |
| Tax | 0.17 | 0.81 | 0.54 | 1.58 | 1.18 | 1.03 | 0.24 | 1.45 |
| Net profit | 0.42 | 2.19 | 2.71 | 3.63 | 3.28 | 2.92 | 1.21 | 3.42 |
| EPS (₹) | 0.37 | 1.90 | 2.37 | 3.15 | 2.85 | 2.55 | 1.06 | 2.97 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 6.63 | 7.02 | 7.44 | 7.47 | 7.15 | 2.37 | 7.68 |
| Revenue growth | +42.7% | +8.0% | -9.5% | +2.3% | +105.0% | -60.5% | +11.6% |
| EBITDA | (1.62) | 1.24 | 2.09 | 1.56 | 1.37 | (0.45) | 0.55 |
| EBITDA margin | -24.4% | +17.7% | +28.1% | +20.9% | +19.2% | -19.0% | +7.2% |
| Profit before tax | 0.66 | 1.87 | 2.43 | 1.61 | 0.78 | (1.25) | (0.45) |
| Net profit | 0.93 | 1.41 | 1.81 | 1.19 | 0.54 | (1.13) | (1.99) |
| Net profit margin | +14.0% | +20.1% | +24.3% | +15.9% | +7.6% | -47.7% | -25.9% |
| EPS (₹) | 0.77 | 1.21 | 1.59 | 1.05 | 0.55 | (1.33) | (2.36) |
| Balance sheet | |||||||
| Total assets | 23.45 | 22.57 | 21.18 | 20.44 | 21.95 | 16.14 | 16.90 |
| Net worth | 23.42 | 22.55 | 21.16 | 19.36 | 12.75 | 4.71 | 5.82 |
| Total debt | 0.00 | 0.00 | 0.00 | 1.07 | 9.20 | 11.41 | 11.06 |
| Cash & bank | 1.10 | 1.28 | 0.46 | 1.28 | 4.35 | 0.11 | 0.12 |
| Net working capital | 10.83 | 8.96 | 6.96 | 5.57 | 6.58 | 4.18 | 5.18 |
| Cash flow | |||||||
| Cash from operations | (0.72) | 0.28 | 0.08 | (0.28) | (0.36) | 0.47 | 2.20 |
| Cash from investing | 0.57 | (0.19) | 0.30 | 0.14 | 0.00 | 0.00 | (0.01) |
| Cash from financing | (0.03) | (0.02) | (1.21) | (2.92) | 4.59 | (0.48) | (1.55) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.57 | 0.25 | 2.71 | 1.70 | 1.97 | 0.84 | 0.99 | 1.54 |
| Revenue growth (YoY) | +30.5% | -70.2% | +173.7% | +10.4% | -46.2% | -50.9% | -64.3% | -15.9% |
| Other income | 0.21 | 1.76 | 0.22 | 0.20 | 0.19 | 0.19 | 0.17 | 0.18 |
| Total expenses | 1.91 | 3.27 | 1.96 | 1.20 | 1.81 | 1.12 | 0.92 | 1.34 |
| EBITDA | 0.66 | (3.02) | 0.75 | 0.50 | 0.16 | (0.28) | 0.07 | 0.20 |
| EBITDA margin | +25.7% | -1208.0% | +27.7% | +29.4% | +8.1% | -33.3% | +7.1% | +13.0% |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Interest | 0.00 | 0.01 | 0.00 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 |
| Profit before tax | 0.85 | (1.29) | 0.95 | 0.66 | 0.32 | (0.12) | 0.21 | 0.36 |
| Tax | 0.00 | (0.73) | 0.24 | 0.17 | 0.08 | (0.03) | 0.05 | 0.09 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 56.80 | 69.63 | 62.94 | 62.60 | 53.38 | 49.04 | 40.22 | 48.36 |
| Revenue growth (YoY) | +6.4% | +42.0% | +56.5% | +29.5% | +6.5% | +5.8% | -21.1% | +13.5% |
| Other income | 0.15 | 1.99 | 0.97 | 0.63 | 0.18 | 0.43 | 0.19 | 0.95 |
| EBITDA | 4.30 | 4.66 | 5.71 | 8.08 | 7.44 | 6.63 | 4.28 | 7.24 |
| EBITDA margin | +7.6% | +6.7% | +9.1% | +12.9% | +13.9% | +13.5% | +10.6% | +15.0% |
| Depreciation | 2.22 | 2.04 | 1.96 | 2.10 | 1.94 | 1.83 | 1.79 | 1.94 |
| Interest | 1.64 | 1.61 | 1.47 | 1.40 | 1.22 | 1.28 | 1.23 | 1.38 |
| Profit before tax | 0.59 | 3.00 | 3.25 | 5.21 | 4.46 | 3.95 | 1.45 | 4.87 |
| Tax | 0.17 | 0.81 | 0.54 | 1.58 | 1.18 | 1.03 | 0.24 | 1.45 |
| Net profit | 0.42 | 2.19 | 2.71 | 3.63 | 3.28 | 2.92 | 1.21 | 3.42 |
| EPS (₹) | 0.37 | 1.90 | 2.37 | 3.15 | 2.85 | 2.55 | 1.06 | 2.97 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 249 | 188 | 189 | 168 | 163 | 90.06 | 95.31 |
| Revenue growth | +38.3% | -2.5% | +14.2% | +3.3% | +74.7% | -9.9% | -9.8% |
| Other income | 3.78 | 1.68 | 0.82 | 0.77 | 0.33 | 0.21 | 0.66 |
| Total expenses | 223 | 161 | 165 | 145 | 140 | 80.12 | 88.88 |
| Employee cost | 0.00 | 24.43 | 23.72 | 20.05 | 17.43 | 13.68 | 14.08 |
| EBITDA | 25.88 | 26.77 | 23.55 | 22.99 | 23.03 | 9.94 | 6.43 |
| EBITDA margin | +10.4% | +14.3% | +12.5% | +13.7% | +14.1% | +11.0% | +6.8% |
| Depreciation | 8.05 | 7.38 | 6.96 | 6.53 | 5.87 | 5.16 | 4.46 |
| Interest | 5.71 | 5.39 | 5.35 | 4.95 | 5.23 | 5.08 | 4.60 |
| Profit before tax | 15.90 | 15.68 | 12.06 | 12.28 | 12.26 | (0.09) | (1.97) |
| Tax | 4.10 | 4.14 | 2.42 | 3.65 | 4.01 | 0.28 | 0.95 |
| Net profit | 12.80 | 11.71 | 9.60 | 8.61 | 8.23 | (0.38) | (2.92) |
| Net profit margin | +5.2% | +6.2% | +5.1% | +5.1% | +5.1% | -0.4% | -3.1% |
| EPS (₹) | 10.27 | 10.03 | 8.37 | 7.50 | 8.40 | (0.43) | (3.43) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 11.49 | 11.49 | 11.49 | 11.49 | 9.81 | 8.50 | 8.50 |
| Reserves & surplus | 83.65 | 71.61 | 60.09 | 50.67 | 36.55 | 24.04 | 24.29 |
| Shareholders' funds (net worth) | 95.14 | 83.10 | 71.58 | 62.16 | 48.18 | 32.54 | 32.79 |
| Minority interest | 0.16 | 0.14 | 0.12 | 0.11 | 0.09 | 0.08 | 0.07 |
| Secured loans | 45.58 | 28.52 | 38.85 | 22.72 | 27.48 | 21.54 | 29.65 |
| Unsecured loans | 37.21 | 41.01 | 41.79 | 32.00 | 41.60 | 37.36 | 21.58 |
| Total debt | 82.79 | 69.53 | 80.64 | 54.72 | 69.08 | 58.90 | 51.23 |
| Total liabilities | 179 | 153 | 153 | 117 | 118 | 91.78 | 84.37 |
| Assets | |||||||
| Gross block | 161 | 129 | 127 | 108 | 97.25 | 79.40 | 72.73 |
| Net block | 115 | 88.26 | 89.48 | 76.80 | 71.95 | 59.67 | 57.68 |
| Capital work in progress | 11.29 | 29.44 | 20.61 | 2.33 | 3.34 | 4.91 | 2.91 |
| Investments | 0.16 | 0.16 | 0.16 | 0.16 | 0.22 | 0.22 | 0.22 |
| Inventories | 36.22 | 25.77 | 29.93 | 21.69 | 19.93 | 10.79 | 11.15 |
| Sundry debtors | 37.81 | 30.76 | 32.56 | 27.89 | 38.08 | 16.71 | 23.08 |
| Cash & bank balances | 2.26 | 2.68 | 1.88 | 2.78 | 5.78 | 1.27 | 1.30 |
| Loans & advances | 14.39 | 5.56 | 8.94 | 4.96 | 7.24 | 10.47 | 10.08 |
| Total current assets | 90.68 | 64.77 | 73.31 | 57.32 | 71.03 | 39.24 | 45.61 |
| Total current liabilities | 42.48 | 31.05 | 32.62 | 23.66 | 32.47 | 12.61 | 21.10 |
| Net working capital | 48.20 | 33.72 | 40.69 | 33.66 | 38.56 | 26.63 | 24.51 |
| Total assets | 179 | 153 | 153 | 117 | 118 | 91.78 | 84.37 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.55 | 0.46 | 1.28 | 4.36 | 0.18 | 0.39 | (0.05) |
| Net cash from operating activities | 8.00 | 32.30 | 15.88 | 20.91 | 8.55 | 6.31 | 8.75 |
| Net cash from investing activities | (16.39) | (16.39) | (31.52) | (9.92) | (16.50) | (6.56) | (13.33) |
| Net cash from financing activities | 8.18 | (15.82) | 14.82 | (14.07) | 12.13 | 0.05 | 5.03 |
| Net change in cash | (0.21) | 0.09 | (0.82) | (3.08) | 4.18 | (0.21) | 0.44 |
| Closing cash | 2.26 | 2.68 | 1.88 | 2.78 | 5.78 | 1.27 | 1.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +32.4% | -0.5% | +12.6% | +2.8% | +81.0% | -5.5% | -12.4% |
| EBITDA growth | -3.3% | +13.7% | +2.4% | -0.2% | +131.7% | +54.6% | -37.1% |
| PBT growth | +1.4% | +30.0% | -1.8% | +0.2% | +9998.0% | +95.4% | - |
| Net income growth | +9.3% | +22.0% | +11.5% | +4.6% | +9998.0% | +87.0% | - |
| Revenue CAGR (3Y) | +14.0% | +4.8% | +28.0% | +20.7% | +14.4% | -5.1% | +0.2% |
| EBITDA CAGR (3Y) | +4.0% | +5.1% | +33.3% | +52.9% | +31.1% | +0.2% | -21.0% |
| Profitability & leverage | |||||||
| Net income margin | +4.8% | +6.2% | +5.1% | +5.2% | +5.1% | -0.4% | -3.1% |
| Return on capital employed | - | +13.8% | +12.9% | +14.7% | +16.7% | +5.7% | +3.2% |
| Return on net worth | - | +14.9% | +14.4% | +15.6% | +20.5% | -1.1% | -8.5% |
| Debt / equity | - | 0.97 | 1.01 | 1.12 | 1.59 | 1.69 | 1.36 |
| Long-term debt / equity | - | 0.36 | 0.34 | 0.33 | 0.47 | 0.57 | 0.53 |
| Interest cover | 32.02 | 27.80 | 32.25 | 30.07 | 30.48 | 106.28 | 233.50 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 1.47 | 1.61 | 1.63 | 1.85 | 1.18 | 1.42 |
| Inventory turnover | - | 6.74 | 7.31 | 8.05 | 10.61 | 8.21 | 9.72 |
| Debtors turnover | - | 5.93 | 6.24 | 5.08 | 5.95 | 4.53 | 4.51 |
| EPS (₹) | 10.27 | 10.03 | 8.37 | 7.50 | 8.40 | (0.43) | (3.43) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 72.35 | 62.32 | 54.11 | 47.24 | 38.26 | 38.56 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.57 | 0.25 | 2.71 | 1.70 | 1.97 | 0.84 | 0.99 | 1.54 |
| Revenue growth (YoY) | +30.5% | -70.2% | +173.7% | +10.4% | -46.2% | -50.9% | -64.3% | -15.9% |
| Other income | 0.21 | 1.76 | 0.22 | 0.20 | 0.19 | 0.19 | 0.17 | 0.18 |
| Total expenses | 1.91 | 3.27 | 1.96 | 1.20 | 1.81 | 1.12 | 0.92 | 1.34 |
| EBITDA | 0.66 | (3.02) | 0.75 | 0.50 | 0.16 | (0.28) | 0.07 | 0.20 |
| EBITDA margin | +25.7% | -1208.0% | +27.7% | +29.4% | +8.1% | -33.3% | +7.1% | +13.0% |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Interest | 0.00 | 0.01 | 0.00 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 |
| Profit before tax | 0.85 | (1.29) | 0.95 | 0.66 | 0.32 | (0.12) | 0.21 | 0.36 |
| Tax | 0.00 | (0.73) | 0.24 | 0.17 | 0.08 | (0.03) | 0.05 | 0.09 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 6.63 | 7.02 | 7.44 | 7.47 | 7.15 | 2.37 | 7.68 |
| Revenue growth | +42.7% | +8.0% | -9.5% | +2.3% | +105.0% | -60.5% | +11.6% |
| Other income | 2.37 | 0.71 | 0.54 | 0.37 | 0.16 | 0.07 | 0.42 |
| Total expenses | 8.25 | 5.78 | 5.35 | 5.91 | 5.78 | 2.82 | 7.13 |
| Employee cost | 0.00 | 0.90 | 0.74 | 0.55 | 0.52 | 0.45 | 0.51 |
| EBITDA | (1.62) | 1.24 | 2.09 | 1.56 | 1.37 | (0.45) | 0.55 |
| EBITDA margin | -24.4% | +17.7% | +28.1% | +20.9% | +19.2% | -19.0% | +7.2% |
| Depreciation | 0.06 | 0.06 | 0.06 | 0.07 | 0.04 | 0.04 | 0.04 |
| Interest | 0.03 | 0.02 | 0.14 | 0.25 | 0.71 | 0.83 | 1.38 |
| Profit before tax | 0.66 | 1.87 | 2.43 | 1.61 | 0.78 | (1.25) | (0.45) |
| Tax | (0.24) | 0.46 | 0.62 | 0.42 | 0.24 | (0.12) | 1.53 |
| Net profit | 0.93 | 1.41 | 1.81 | 1.19 | 0.54 | (1.13) | (1.99) |
| Net profit margin | +14.0% | +20.1% | +24.3% | +15.9% | +7.6% | -47.7% | -25.9% |
| EPS (₹) | 0.77 | 1.21 | 1.59 | 1.05 | 0.55 | (1.33) | (2.36) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 11.49 | 11.49 | 11.49 | 11.49 | 9.81 | 8.50 | 8.50 |
| Reserves & surplus | 11.93 | 11.06 | 9.67 | 7.87 | 1.12 | (3.79) | (2.68) |
| Shareholders' funds (net worth) | 23.42 | 22.55 | 21.16 | 19.36 | 12.75 | 4.71 | 5.82 |
| Secured loans | 0.00 | 0.00 | 0.00 | 1.07 | 1.89 | 2.63 | 2.77 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 7.31 | 8.78 | 8.29 |
| Total debt | 0.00 | 0.00 | 0.00 | 1.07 | 9.20 | 11.41 | 11.06 |
| Total liabilities | 23.45 | 22.57 | 21.18 | 20.44 | 21.95 | 16.14 | 16.90 |
| Assets | |||||||
| Gross block | 1.08 | 1.05 | 1.05 | 0.92 | 0.87 | 0.87 | 0.87 |
| Net block | 0.39 | 0.43 | 0.49 | 0.43 | 0.44 | 0.48 | 0.53 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 10.03 | 10.03 | 10.03 | 10.03 | 10.07 | 10.07 | 10.07 |
| Inventories | 0.80 | 0.78 | 0.90 | 0.58 | 0.79 | 0.58 | 0.15 |
| Sundry debtors | 0.42 | 0.85 | 0.59 | 1.08 | 1.86 | 0.43 | 2.06 |
| Cash & bank balances | 1.10 | 1.28 | 0.46 | 1.28 | 4.35 | 0.11 | 0.12 |
| Loans & advances | 9.51 | 7.79 | 6.08 | 3.56 | 1.16 | 4.56 | 4.60 |
| Total current assets | 11.83 | 10.70 | 8.03 | 6.50 | 8.16 | 5.68 | 6.93 |
| Total current liabilities | 1.00 | 1.74 | 1.07 | 0.93 | 1.58 | 1.50 | 1.75 |
| Net working capital | 10.83 | 8.96 | 6.96 | 5.57 | 6.58 | 4.18 | 5.18 |
| Total assets | 23.45 | 22.57 | 21.18 | 20.44 | 21.95 | 16.14 | 16.90 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.50 | 0.44 | 1.27 | 4.33 | 0.10 | 0.11 | (0.53) |
| Net cash from operating activities | (0.72) | 0.28 | 0.08 | (0.28) | (0.36) | 0.47 | 2.20 |
| Net cash from investing activities | 0.57 | (0.19) | 0.30 | 0.14 | 0.00 | 0.00 | (0.01) |
| Net cash from financing activities | (0.03) | (0.02) | (1.21) | (2.92) | 4.59 | (0.48) | (1.55) |
| Net change in cash | (0.18) | 0.06 | (0.83) | (3.07) | 4.23 | (0.01) | 0.64 |
| Closing cash | 1.10 | 1.28 | 0.46 | 1.28 | 4.35 | 0.11 | 0.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -5.6% | -5.7% | -0.4% | +4.5% | +201.7% | -69.1% | +18.3% |
| EBITDA growth | - | -40.7% | +34.0% | +13.9% | +9998.0% | - | +450.0% |
| PBT growth | -64.7% | -23.1% | +50.9% | +106.4% | +9998.0% | -177.8% | +13.5% |
| Net income growth | -34.0% | -22.1% | +52.1% | +120.4% | +9998.0% | +43.2% | -136.9% |
| Revenue CAGR (3Y) | -3.9% | -0.6% | +46.4% | -0.9% | +3.3% | -25.8% | +13.3% |
| EBITDA CAGR (3Y) | - | -3.3% | - | +41.6% | +139.3% | -26.0% | -4.9% |
| Profitability & leverage | |||||||
| Net income margin | +13.6% | +20.1% | +24.3% | +15.9% | +7.6% | -47.7% | -25.8% |
| Return on capital employed | - | +6.7% | +9.1% | +6.2% | +6.2% | 0.0% | 0.0% |
| Return on net worth | - | +5.0% | +6.5% | +4.8% | +4.0% | 0.0% | 0.0% |
| Debt / equity | - | 0.00 | 0.03 | 0.32 | 1.18 | 2.13 | 1.63 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.04 | 0.17 | 0.44 | 0.42 |
| Interest cover | -1.79 | 1.69 | 6.90 | 16.78 | 53.38 | -169.39 | 270.59 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 6.69 | 7.55 | 8.35 | 8.22 | 2.72 | 8.83 |
| Inventory turnover | - | 8.36 | 10.05 | 10.91 | 10.44 | 6.49 | 26.95 |
| Debtors turnover | - | 9.75 | 8.91 | 5.08 | 6.24 | 1.90 | 3.37 |
| EPS (₹) | 0.77 | 1.21 | 1.59 | 1.05 | 0.55 | (1.33) | (2.36) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 19.63 | 18.42 | 16.85 | 11.14 | 5.54 | 6.85 |
Shareholding Pattern of Parnax Lab Limited
Shareholding for the quarter ended Sep 2026: promoters hold 72.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 27.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 72.30% | 72.30% | 72.30% | 72.30% |
| Public | 27.70% | 27.70% | 27.70% | 27.70% |
Group Structure of Parnax Lab Limited
Parnax Lab has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Naxpar Pharma Private Limited | U52310MH2004PTC144449 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Parnax Lab
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Sep 2002 | State Bank of India | ₹10.39 Cr | Open |
| 30 Mar 2000 | State Bank of India | ₹2.72 Cr | Open |
| 30 Mar 2000 | State Bank of India | ₹10.39 Cr | Open |
| 04 May 1995 | State Bank of India | ₹26 Lakh | Open |
| 04 May 1995 | State Bank of India | ₹26 Lakh | Open |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Parnax Lab
Employment history and EPFO contributions of people linked to Parnax Lab.
Employee and EPFO history for Parnax Lab Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
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GST Compliance of Parnax Lab
Parnax Lab has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK1457E1ZT | Maharashtra | Active | 01 Jul 2017 |
| 26AAACK1457E2ZU | Dadra and Nagar Haveli and Daman and Diu | Active | 24 Nov 2017 |
GST registrations and filing compliance for Parnax Lab Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
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Credit Ratings, Litigation & Regulatory Alerts for Parnax Lab
Credit ratings, litigation, and regulatory alerts for Parnax Lab Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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MSME Payment Delays by Parnax Lab
MSME payment history for Parnax Lab Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
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Subsidiaries & Group Companies of Parnax Lab
Corporate group structure for Parnax Lab Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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MCA Filings & Documents of Parnax Lab
MCA filings and documents for Parnax Lab Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Recent Activity on Parnax Lab
Recent News on Parnax Lab
Frequently Asked Questions about Parnax Lab Limited
Parnax Lab is an active public limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 03 August 1982 (44+ years old) and is registered under CIN L36912MH1982PLC027925. Listed on BSE: 506128.
Parnax Lab reported revenue of ₹248.54 Cr for FY 2025-26 (up 32.39% YoY) based on consolidated financials.
Parnax Lab has 6 current directors:
- Mihir Prakash Shah - Managing Director
- Ami Mihir Shah - Director
- Yogesh Kantilal Varia - Director
- Vijaykumar Shivaji Ayare - Director
- Binoy Baiju Shah - Director
- Harish Sunderlal Panpalia - Director
The GSTIN of Parnax Lab is 27AAACK1457E1ZT, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 26AAACK1457E2ZU (Dadra and Nagar Haveli and Daman and Diu).
The CIN (Corporate Identification Number) of Parnax Lab is L36912MH1982PLC027925. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Parnax Lab is listed on BSE with code 506128.
Parnax Lab was incorporated on 03 August 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
Parnax Lab can be reached through the website naxparlab.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Parnax Lab is at Gala No. 114 Bldg. No. 8 Jogani Industrial Complex Chunabhatti, Mumbai, Maharashtra, India – 400022.