Safe Life Pharmachem Private Limited
About Safe Life Pharmachem Private Limited
Data last updated:
Safe Life Pharmachem Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 27 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2009PTC190617. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Shailesh Chimanlal Parekh and Pritesh Shailesh Parekh.
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 2020, the company reported a revenue of ₹7.37 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹4 Cr (net margin -54.2%) and EBITDA of -₹1.31 Cr (EBITDA margin -17.7%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 26% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.34 Cr and satisfied charges of ₹3.9 Cr on record. Court records list 11 cases involving the company, including 1 filed by the company and 10 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Safe Life Pharmachem Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – Wing 1st Floor Commercial Satyam Building Dr. R.P.Road Opp. Aggarwal Hospital Mu, Lund West, Mumbai, Maharashtra, India – 400080
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Safe Life Pharmachem 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
Financials of Safe Life Pharmachem Private Limited
FY 2022 filings availableSafe Life Pharmachem Private Limited reported revenue of ₹7.37 Cr (down 82% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 82% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.37 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4 Cr | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -17.7% | ||||
| Net Profit Margin | -54.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Safe Life Pharmachem Private Limited, buy the company report.
Board of directors of Safe Life Pharmachem Private Limited
Safe Life Pharmachem has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailesh Chimanlal Parekh Also directs: Color Medicare Private Limited, Supra Orgnics Private Limited | Director | 21 Jun 2018 | 8 Years 4 Months | Current |
| Pritesh Shailesh Parekh Also directs: Color Medicare Private Limited, Supra Orgnics Private Limited | Director | 01 Jan 2019 | 7 Years 10 Months | Current |
Auditor
Safe Life Pharmachem Private Limited is audited by MILLIND MEHTA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MILLIND MEHTA & CO | FY 2020 | 129664W |
Shareholding
The shareholding of Safe Life Pharmachem Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Safe Life Pharmachem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Mar 2012 | 10342873 | Others | ₹9.34 Cr | Open | |
| 21 May 2009 | 10162430 | The Saraswat Co-Operative Bank Limited | ₹3.9 Cr | Satisfied |
To see the full charge records of Safe Life Pharmachem Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Safe Life Pharmachem Private Limited has 11 court cases on record: 1 filed by Safe Life Pharmachem, 10 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 10 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Asrec(India) Ltd Through N Manjunath | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Cholamandalam Investment and Finance Company Ltd. | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Ivl Finance Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Shriram City Union Finance Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Reliance Home Finance Ltd | Disposed |
To see the full case history of Safe Life Pharmachem 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 Safe Life Pharmachem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Safe Life Pharmachem Private Limited has a workforce of 9 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Safe Life Pharmachem 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 Safe Life Pharmachem Private Limited, buy the company report.
Recent activity
Safe Life Pharmachem Private Limited has 8 board changes on record since 2015: 2 appointments and 6 cessations. The latest: Pritesh Shailesh Parekh ceased to be Additional Director on 30 Sep 2019.
4 earlier events are in the company report.
Frequently asked questions
Safe Life Pharmachem is an active private limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 27 February 2009 (17+ years old) and is registered under CIN U24100MH2009PTC190617.
Safe Life Pharmachem has 2 current directors:
- Shailesh Chimanlal Parekh - Director
- Pritesh Shailesh Parekh - Director
The latest financial statements of Safe Life Pharmachem 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.
No. Safe Life Pharmachem has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Safe Life Pharmachem is U24100MH2009PTC190617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Safe Life Pharmachem has 11 court cases on record: 1 filed by the company and 10 filed against it.
Safe Life Pharmachem was incorporated on 27 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Pritesh Shailesh Parekh ceased to be Additional Director on 30 Sep 2019. Shilpesh Shantilal Dharod ceased to be Director on 26 Jul 2019. Pritesh Shailesh Parekh was appointed as Director on 01 Jan 2019. Safe Life Pharmachem has 8 board changes on record in total.
The registered office of Safe Life Pharmachem is at C – Wing 1st Floor Commercial Satyam Building Dr. R.P.Road Opp. Aggarwal Hospital Mu, Lund West, Mumbai, Maharashtra, India – 400080.
Safe Life Pharmachem operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
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