About Quality Nexgen Pharmaceuticals Private Limited
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Quality Nexgen Pharmaceuticals 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 16 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH2005PTC158238. Its GSTIN is 27AAACQ1458P1ZZ (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹90 Lakh. It is led by directors Shankardayal Ramayan Sharma and Santosh Ramayan Sharma.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.88 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹16.75 Lakh (net margin 2.4%) and EBITDA of ₹37.7 Lakh (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 22% over five years.
As per MCA filings, the company has open charges of ₹8.83 Cr and satisfied charges of ₹10.34 Cr on record. Court records list 14 cases involving the company, including 3 filed by the company and 11 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qualitynexgen.com.
Company details
Contact details
Quality Nexgen Pharmaceuticals Private Limited's registered office is in Mumbai, Maharashtra. Its website is qualitynexgen.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressCts 2116 Plot No. 10/M2 Masterji Compound Chikuwadi Nr.Malwani Church Marve Road, Malad (W), Mumbai, Maharashtra, India – 400095
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Quality Nexgen Pharmaceuticals 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 Quality Nexgen Pharmaceuticals is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Quality Nexgen Pharmaceuticals Private Limited, buy the company report.
Financials of Quality Nexgen Pharmaceuticals Private Limited
FY 2022 filings availableQuality Nexgen Pharmaceuticals Private Limited reported revenue of ₹6.88 Cr (down 42% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 42% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA fell 36% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹37.7 Lakh | ||||
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| Net Profit (PAT) | ₹16.75 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Quality Nexgen Pharmaceuticals Private Limited, buy the company report.
Board of directors of Quality Nexgen Pharmaceuticals Private Limited
Quality Nexgen Pharmaceuticals has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankardayal Ramayan Sharma Also directs: Quality Intext Private Limited | Director | 01 Mar 2012 | 14 Years 8 Months | Current |
| Santosh Ramayan Sharma Also directs: Quality Intext Private Limited | Director | 09 Oct 2020 | 6 Years 1 Months | Current |
Auditor
Quality Nexgen Pharmaceuticals Private Limited is audited by ABHILASH OJI & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHILASH OJI & ASSOCIATES | FY 2020 | 138189W |
Shareholding
The shareholding of Quality Nexgen Pharmaceuticals Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Quality Nexgen Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2014 | 10511612 | Axis Bank Limited | ₹3.68 Cr | Open | |
| 10 Dec 2013 | 10475723 | Axis Bank Limited | ₹3.9 Cr | Open | |
| 31 Jul 2013 | 10450565 | Capri Global Capital Limited | ₹1.25 Cr | Open | |
| 30 Jan 2012 | 10338202 | The Thane Janata Sahakari Bank Ltd | ₹23 Lakh | Satisfied | |
| 24 Dec 2011 | 10330027 | The Thane Janata Sahakari Bank Ltd. | ₹3.62 Cr | Satisfied |
To see the full charge records of Quality Nexgen Pharmaceuticals Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Quality Nexgen Pharmaceuticals Private Limited has 14 court cases on record: 3 filed by Quality Nexgen Pharmaceuticals, 11 filed against it. 1 case is pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 9 | 1 |
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Capri Global Capital Ltd | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Natural Capsules Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by M/S. Capri Global Capital Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by Ms Capri Global Capital Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Ms. Capri Global Capital Ltd Th. Mr. Anna Sale | Disposed |
To see the full case history of Quality Nexgen Pharmaceuticals 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 Quality Nexgen Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Quality Nexgen Pharmaceuticals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACQ1458P1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Quality Nexgen Pharmaceuticals Private Limited, buy the company report.
Recent activity
Quality Nexgen Pharmaceuticals Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Arvind Awadhnath Sharma ceased to be Additional Director on 24 Jan 2022.
21 earlier events are in the company report.
Frequently asked questions
Quality Nexgen Pharmaceuticals 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 16 December 2005 (21+ years old) and is registered under CIN U24230MH2005PTC158238.
Quality Nexgen Pharmaceuticals has 2 current directors:
- Shankardayal Ramayan Sharma - Director
- Santosh Ramayan Sharma - Director
The latest financial statements of Quality Nexgen Pharmaceuticals on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Quality Nexgen Pharmaceuticals is 27AAACQ1458P1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Quality Nexgen Pharmaceuticals is U24230MH2005PTC158238. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quality Nexgen Pharmaceuticals has 14 court cases on record: 3 filed by the company and 11 filed against it. 1 is pending. Most are in the district courts.
Quality Nexgen Pharmaceuticals was incorporated on 16 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Arvind Awadhnath Sharma ceased to be Additional Director on 24 Jan 2022. Ramayan Bhirgurasan Sharma ceased to be Whole-Time Director on 09 Oct 2020. Santosh Ramayan Sharma was appointed as Director on 09 Oct 2020. Quality Nexgen Pharmaceuticals has 6 board changes on record in total.
Quality Nexgen Pharmaceuticals can be reached through the website qualitynexgen.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Quality Nexgen Pharmaceuticals is at Cts 2116 Plot No. 10M2 Masterji Compound Chikuwadi Nr.Malwani Church Marve Road, Malad W, Mumbai, Maharashtra, India – 400095.
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