About Swega Laboratories Limited
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Swega Laboratories Limited is a public limited company based in Muzaffarnagar, Uttar Pradesh, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 11 October 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U24231UP1996PLC020829. Its GSTIN is 09AAICS5050R1ZN (Uttar Pradesh).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.04 Cr. It is led by directors including Nardev Verma (Whole-Time Director) and Gyanendra Verma (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 6.5 Km Stone Meerut Road, Muzaffarnagar, Uttar Pradesh, India – 251003.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.98 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹31.71 Lakh (net margin 4%) and EBITDA of ₹54.27 Lakh (EBITDA margin 6.8%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹6.88 Cr and satisfied charges of ₹12 Lakh on record. Court records list 2 cases involving the company, including 2 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 swega.in.
Company details
Contact details
Swega Laboratories Limited's registered office is in Muzaffarnagar, Uttar Pradesh. Its website is swega.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6.5 Km Stone Meerut Road, Muzaffarnagar, Uttar Pradesh, India – 251003
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Swega Laboratories 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 Swega 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 Swega Laboratories Limited, buy the company report.
Financials of Swega Laboratories Limited
FY 2024 filings availableSwega Laboratories Limited reported revenue of ₹7.98 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 14% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 2% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹54.27 Lakh | ||||
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| Net Profit (PAT) | ₹31.71 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 4% | ||||
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To see the full financial statements and ratios of Swega Laboratories Limited, buy the company report.
Board of directors of Swega Laboratories Limited
Swega Laboratories has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nardev Verma | Whole-Time Director | 24 Mar 2015 | 11 Years 7 Months | Current |
| Praveen Kumar Also directs: Gencure Pharmaceuticals Private Limited | Additional Director | 15 Dec 2024 | 1 Years 10 Months | Current |
| Reena Verma | Director | 11 Oct 1996 | 30 Years 0 Months | Current |
| Gyanendra Verma | Whole-Time Director | 10 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Swega Laboratories Limited is audited by M. MOHAN RAMA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. MOHAN RAMA & CO. | FY 2022 | 007656C |
Shareholding
The shareholding of Swega Laboratories Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Swega Laboratories Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 May 2025 | 101118258 | Hdfc Bank Limited | ₹11.95 Lakh | Open | |
| 28 Mar 2016 | 100036355 | Hdfc Bank Limited | ₹6.26 Cr | Open | |
| 10 Sep 1998 | 90272113 | Uttar Pradesh Financial Corjporation 14/88 Civil Lines ; | ₹50 Lakh | Open | |
| 01 May 1999 | 90269247 | Union Bank of India | ₹12 Lakh | Satisfied |
To see the full charge records of Swega Laboratories Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Swega Laboratories Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
To see the full case history of Swega Laboratories 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 Swega Laboratories Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swega Laboratories has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAICS5050R1ZN | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swega Laboratories Limited, buy the company report.
Recent activity
Swega Laboratories Limited has 8 board changes on record since 1996: 4 appointments and 4 cessations. The latest: Praveen Kumar was appointed as Additional Director on 15 Dec 2024.
6 earlier events are in the company report.
Frequently asked questions
Swega Laboratories is an active public limited company based in Muzaffarnagar, Uttar Pradesh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 11 October 1996 (30+ years old) and is registered under CIN U24231UP1996PLC020829.
Swega Laboratories has 4 current directors:
- Nardev Verma - Whole-Time Director
- Gyanendra Verma - Whole-Time Director
- Praveen Kumar - Additional Director
- Reena Verma - Director
The latest financial statements of Swega Laboratories on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Swega Laboratories is 09AAICS5050R1ZN, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Swega Laboratories is U24231UP1996PLC020829. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swega Laboratories has 2 court cases on record: 2 filed against it.
Swega Laboratories was incorporated on 11 October 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kanpur.
Praveen Kumar was appointed as Additional Director on 15 Dec 2024. Sparsh Raghuvanshi ceased to be Director on 01 Nov 2019. Gyanendra Verma ceased to be Additional Director on 29 Sep 2018. Swega Laboratories has 8 board changes on record in total.
Swega Laboratories can be reached through the website swega.in. Its registered office is in Muzaffarnagar, Uttar Pradesh, India.
The registered office of Swega Laboratories is at 6.5 Km Stone Meerut Road, Muzaffarnagar, Uttar Pradesh, India – 251003.