Qrit Life Sciences Private Limited

Qrit Life Sciences Private Limited - pharma in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U33309KA2017PTC108319 Incorporated 30 November 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company pharma
Data last updated
Revenue · FY 2021
₹88.64 Lakh
▲ 119% YoY
Net profit · FY 2021
₹1.07 Lakh
Net margin 1.2%
EBITDA · FY 2021
₹2.25 Lakh
EBITDA margin 2.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹6 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About Qrit Life Sciences Private Limited

Data last updated:

Qrit Life Sciences Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 30 November 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33309KA2017PTC108319. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hritik Raj and Anisha Kumari.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Shop No.15 Premises No.12 2nd Floor Nrupathunga Nagar Jp Nagar 7th Phase, Bangalore, Karnataka, India – 560078.

As per the financials filed for FY 2021, the company reported a revenue of ₹88.64 Lakh, a growth of 119% compared to the previous year. For the same year it recorded a net profit of ₹1.07 Lakh (net margin 1.2%) and EBITDA of ₹2.25 Lakh (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 621% over three years.

As per MCA filings, the company has open charges of ₹6 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qritlifesciences.com.

Company Details of Qrit Life Sciences Private Limited
CIN U33309KA2017PTC108319
Registration Number 108319
Incorporation Date 30 November 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Shop No.15 Premises No.12 2nd Floor Nrupathunga Nagar Jp Nagar 7th Phase, Bangalore, Karnataka, India – 560078
  • Industry
    Pharma, Drug Formulation & Development
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Financials, compliance, directors, charges, ownership and filings for Qrit Life Sciences Private Limited in one report.

Financials from FY 2018 Directors & ownership Charges & compliance

Business Activity of Qrit Life Sciences Private Limited

The main business activity of Qrit Life Sciences is trade. In detail, this covers wholesale trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG1Wholesale TradingLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

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Auditor Details of Qrit Life Sciences Private Limited

Auditor information for Qrit Life Sciences Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.

Board of Directors of Qrit Life Sciences Private Limited

Qrit Life Sciences has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Hritik RajDirector30 Nov 20178 Years 10 MonthsCurrent
Anisha KumariDirector29 Apr 20224 Years 5 MonthsCurrent

Financials of Qrit Life Sciences Private Limited FY 2021 filings available

Qrit Life Sciences Private Limited reported revenue of ₹88.64 Lakh (up 119% YoY) for FY 2021.

Revenue · FY 2021
₹88.64 Lakh ▲ 119%
Net profit · FY 2021
₹1.07 Lakh margin 1.2%
EBITDA · FY 2021
₹2.25 Lakh margin 2.5%

Compounded Annual Growth Rate (CAGR) of Qrit Life Sciences Private Limited

Revenue CAGR growth
1 year
▲ 119%
3 years · compounded
▲ 621%
EBITDA CAGR growth
1 year
▲ 194%
3 years · compounded
▲ 41%

Revenue has grown at a compounded annual rate (CAGR) of 621% over three years, including 119% growth in the latest year. EBITDA rose 194% 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 of Qrit Life Sciences Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations••••••••••••••••
Other Income••••••••••••••••
Total Revenue••••••••••••••••
Cost of Materials Consumed••••••••••••••••
Employee Benefit Expense••••••••••••••••
Finance Costs••••••••••••••••
Depreciation and Amortisation••••••••••••••••
Other Expenses••••••••••••••••
Total Expenses••••••••••••••••
EBITDA₹2.25 Lakh••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)₹1.07 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 of Qrit Life Sciences Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin2.5%••••••••••••
Net Profit Margin1.2%••••••••••••
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••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Qrit Life Sciences are in the company report.

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Financial statements from FY 2018

Earlier years and trend charts are in the company report.

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Ownership and Shareholding of Qrit Life Sciences Private Limited

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Charges & Borrowings of Qrit Life Sciences Private Limited

Open charges
₹6 Lakh
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹0.06 Cr
Latest charge details
DateLenderAmountStatus
23 Dec 2020Canara Bank₹6 LakhOpen

Total charge records: 1 View all charges

Employees and EPFO Compliance at Qrit Life Sciences Private Limited

Employment history and EPFO contributions of people linked to Qrit Life Sciences.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Qrit Life Sciences Private Limited

Qrit Life Sciences has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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Credit Ratings, Litigation & Regulatory Alerts for Qrit Life Sciences Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Qrit Life Sciences Private Limited

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MSME payment history

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Subsidiaries & Group Companies of Qrit Life Sciences Private Limited

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Corporate group structure

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MCA Filings & Documents of Qrit Life Sciences Private Limited

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MCA filings and documents

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Recent Activity on Qrit Life Sciences Private Limited

Directors
29 Apr 2022
Anisha Kumari was appointed as a Director on 29 Apr 2022 & has been associated with this company since 4 years 5 months.
Activity
30 Nov 2021
Qrit Life Sciences Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Activity
31 Mar 2021
Qrit Life Sciences Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Charges
23 Dec 2020
A charge with Canara Bank amounted to Rs. 6.00 Lakh with Charge ID 100420133 was registered on 23 Dec 2020.
Directors
30 Nov 2017
Hritik Raj was appointed as a Director on 30 Nov 2017 & has been associated with this company since 8 years 10 months.
Activity
30 Nov 2017
Qrit Life Sciences Private Limited was registered on 30 Nov 2017 with Roc Bangalore & aged 8 years 10 months as per MCA records.

Frequently Asked Questions about Qrit Life Sciences Private Limited

Qrit Life Sciences is an active private limited company based in Bangalore, Karnataka, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 30 November 2017 (9+ years old) and is registered under CIN U33309KA2017PTC108319.

Qrit Life Sciences reported revenue of ₹88.64 Lakh for FY 2021 (up 119% YoY).

Qrit Life Sciences has 2 current directors:

Qrit Life Sciences reported a net profit of ₹1.07 Lakh (net margin 1.2%) and EBITDA of ₹2.25 Lakh (EBITDA margin 2.5%) for FY 2021, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Qrit Life Sciences is 621% over three years. In the latest year (FY 2021) revenue rose 119%. CAGR is the steady yearly rate that links the first and the last year.

No. Qrit Life Sciences has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Qrit Life Sciences is U33309KA2017PTC108319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Qrit Life Sciences has 1 court case on record: 1 filed against it.

Qrit Life Sciences was incorporated on 30 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

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