About Tagoor Laboratories Private Limited
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Tagoor Laboratories Private Limited is a private limited company based in Andhra Pradesh, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 31 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U24100AP2009PTC109536. Its GSTIN is 37AACCV9421B1ZH (Andhra Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹49 Cr and a paid-up capital of ₹11.85 Cr. It was formerly known as Vensub Laboratories Private Limited. It is led by directors including Kasi Viswanadharaju Pericherla (Managing Director) and Mudundi Rameshraju.
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 Sy No.29 Tupakulagudem Pochavaram Panchayat, Andhra Pradesh, India – 534341.
As per the financials filed for FY 2023, the company reported a revenue of ₹496.45 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹14.36 Cr (net margin 2.9%) and EBITDA of ₹51.96 Cr (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 850% over five years.
The company has about 1,442 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Angels Pharma and Tagoor. As per MCA filings, the company has open charges of ₹296.98 Cr and satisfied charges of ₹30.25 Cr on record. Court records list 44 cases involving the company, including 37 filed by the company and 7 filed against it; 23 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in February 2020. Its 8 peer companies in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 4 smaller; the largest is Symed Labs Limited with revenue of ₹791.92 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tagoorlabs.com.
Company details
CIN history
Tagoor Laboratories has one previous CIN (Corporate Identification Number): U24100TG2009PTC062671. The current CIN is U24100AP2009PTC109536, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100AP2009PTC109536 | Current |
| U24100TG2009PTC062671 | Previous |
Contact details
Tagoor Laboratories Private Limited's registered office is in Andhra Pradesh. Its website is tagoorlabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSy No.29 Tupakulagudem Pochavaram Panchayat, Andhra Pradesh, India – 534341
- IndustryPharma, API Manufacturers
To see the full contact details of Tagoor Laboratories 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
Brands
Tagoor Laboratories operates two associated brands: Angels Pharma and TAGOOR. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates as an integrated manufacturer of pharmaceutical APIs and intermediates. | angelspharma.com | |
| Manufactures APIs, intermediates, and provides CDMO services for pharmaceuticals. | tagoorlabs.com |
Business activity
The main business activity of Tagoor 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 Tagoor Laboratories Private Limited, buy the company report.
Financials of Tagoor Laboratories Private Limited
FY 2024 filings availableTagoor Laboratories Private Limited reported revenue of ₹496.45 Cr (down 31% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 31% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 850%. EBITDA fell 67% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹496.45 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹51.96 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.36 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | ||||
| Net Profit Margin | 2.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Tagoor Laboratories Private Limited, buy the company report.
Board of directors of Tagoor Laboratories Private Limited
Tagoor 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 |
|---|---|---|---|---|
| Mudundi Rameshraju Also directs: Tagoor Aqua Technologies Private Limited, Bharghavi Polymers Private Limited, KVR Drugs Private Limited and 3 more | Director | 31 Jan 2009 | 17 Years 8 Months | Current |
| Penmetsa Achyuta Ramaraju Also directs: Bharghavi Polymers Private Limited | Director | 31 Jan 2009 | 17 Years 8 Months | Current |
| Venkata Subramanyam Raju Penmetsa | Director | 16 Aug 2017 | 9 Years 2 Months | Current |
| Kasi Viswanadharaju Pericherla | Managing Director | 16 Aug 2017 | 9 Years 2 Months | Current |
Peer comparison
Tagoor Laboratories Private Limited is compared with the 8 companies closest to it by revenue in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Symed Labs Limited | ₹791.92 Cr (FY 2025) | 6.0% | Hyderabad, Telangana, India | |||
| Sterile India Private Limited | ₹791.14 Cr (FY 2025) | -13.0% | New Delhi, Delhi, India | |||
| SMS Pharmaceuticals Limited | ₹788.97 Cr (FY 2025) | 11.0% | Hyderabad, Telangana, India | |||
| Symbiotec Pharmalab Limited | ₹755.98 Cr (FY 2025) | 5.0% | Mhow, Madhya Pradesh, India | |||
| Optimus Drugs Private Limited | ₹713.55 Cr (FY 2024) | -41.0% | Hyderabad, Telangana, India | |||
| Supriya Lifescience Limited | ₹706.3 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| Dasami Lab Private Limited | ₹694.39 Cr (FY 2025) | 22.0% | Chityal, Telangana, India | |||
| Anuh Pharma Limited | ₹670.97 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Tagoor Laboratories Private Limitedthis company | ₹496.45 Cr (FY 2023) | ₹14.36 Cr | 2.9% | -31.0% | 1,442 | Andhra Pradesh, India |
To see the full peer comparison of Tagoor Laboratories Private Limited, buy the company report.
Auditor
Tagoor Laboratories Private Limited is audited by G L N PRASAD & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G L N PRASAD & Co LLP | FY 2023 | 015176S/S200067 |
Shareholding
The shareholding of Tagoor Laboratories Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tagoor Laboratories Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2025 | 101169785 | Others | ₹40 Cr | Open | |
| 15 Sep 2025 | 101168361 | Others | ₹89.74 Lakh | Open | |
| 28 Mar 2025 | 101079882 | Others | ₹3.81 Cr | Open | |
| 29 Feb 2024 | 100913334 | State Bank of India | ₹28 Lakh | Open | |
| 07 Feb 2024 | 100891547 | Others | ₹4.86 Cr | Open |
To see the full charge records of Tagoor Laboratories Private Limited, buy the company report.
Total charge records: 20 View all charges
Deals & funding
Tagoor Laboratories Private Limited has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in February 2020.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2020 | Rights issue | ₹8.3 Lakh | Investors: 4 individuals |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Rights issue | ₹9.95 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tagoor Laboratories Private Limited has 44 court cases on record: 37 filed by Tagoor Laboratories, 7 filed against it. 23 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 4 | 20 |
| High courts | 3 | 2 | 2 |
| NCLT | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by The State of Andhra Pradesh | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed by the company against M/S. Ravoos Laboratories Limited Rep. by Its Managing Director P. Venkateswara Rao | Pending |
| District court, Hyderabad Central, Telangana | Cheque dishonour complaint | Filed by the company against M/S. Everest Organics Limited Rep. by Its Managing Director Dr. Srikakarlapudi Sirisha and 5 others | Pending |
| District court, Hyderabad Central, Telangana | Cheque dishonour complaint | Filed by the company against M/S. Aanviksha Laboratories Private Limited Rep. by Its MD and As Smt. Akella Lakshmi Sravanthi and 4 others | Pending |
| District court, Hyderabad Central, Telangana | Court case (STC - NI) | Filed by the company against M/S. Siddhivinayak Pharmachem Private Limited Rep by Its Md/As Ramesh Kesharichand Shah and 3 others | Pending |
To see the full case history of Tagoor Laboratories 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.
Credit ratings & regulatory alerts
Tagoor Laboratories Private Limited was last rated by Indiarating on 08 Jan 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 08 Jan 2021 |
To see the full credit ratings and regulatory alerts of Tagoor Laboratories Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Tagoor Laboratories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tagoor Laboratories Private Limited has a workforce of 1,442 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Tagoor Laboratories has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AACCV9421B1ZH | Andhra Pradesh | Active | 21 Sep 2017 |
| 36AACCV9421B1ZJ | Telangana | Active | 07 Oct 2024 |
To see the full GST registrations and return filing status of Tagoor Laboratories Private Limited, buy the company report.
Recent activity
Tagoor Laboratories Private Limited has 7 board changes on record since 2009: 4 appointments and 3 cessations. The latest: Buchipudi Reddy Sambasiva ceased to be Additional Director on 29 Dec 2022.
29 earlier events are in the company report.
Frequently asked questions
Tagoor Laboratories is an active private limited company based in Andhra Pradesh, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 31 January 2009 (17+ years old) and is registered under CIN U24100AP2009PTC109536.
Tagoor Laboratories has 4 current directors:
- Kasi Viswanadharaju Pericherla - Managing Director
- Mudundi Rameshraju - Director
- Penmetsa Achyuta Ramaraju - Director
- Venkata Subramanyam Raju Penmetsa - Director
The latest financial statements of Tagoor 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 Tagoor Laboratories is 37AACCV9421B1ZH, registered in Andhra Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 36AACCV9421B1ZJ (Telangana).
The CIN (Corporate Identification Number) of Tagoor Laboratories is U24100AP2009PTC109536. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tagoor Laboratories has 44 court cases on record: 37 filed by the company and 7 filed against it. 23 are pending. Most are in the district courts.
Tagoor Laboratories was incorporated on 31 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Vijayawada.
Tagoor Laboratories has 5 deals on record (3 secondary share transfers, 2 rights issues); the latest was in February 2020.
The peers of Tagoor Laboratories by revenue are Symed Labs Limited, Sterile India Private Limited, SMS Pharmaceuticals Limited, Symbiotec Pharmalab Limited, Optimus Drugs Private Limited and 3 more, all in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Buchipudi Reddy Sambasiva ceased to be Additional Director on 29 Dec 2022. Alluri Rama Raju ceased to be Director on 14 May 2018. Kasi Viswanadharaju Pericherla was appointed as Managing Director on 16 Aug 2017. Tagoor Laboratories has 7 board changes on record in total.
Tagoor Laboratories can be reached through the website tagoorlabs.com. Its registered office is in Andhra Pradesh, India.