About Therapiva Private Limited
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Therapiva Private Limited is a private limited company based in Secunderabad, Telangana, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 01 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U73100TG2017PTC120931. Its GSTIN is 36AABCZ1494R1ZI (Telangana).
The company has an authorised share capital of ₹110 Cr and a paid-up capital of ₹110 Cr. It was formerly known as Zexan Laxai Pharma Private Limited. It is led by directors Bandoju Srinivas and Bolloju Veera Venkata Brahmanandam.
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 Secunderabad, Telangana.
As per the financials filed for FY 2021, the company reported a revenue of ₹148.94 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹69.2 Cr (net margin -46.5%) and EBITDA of -₹39.36 Cr (EBITDA margin -26.4%).
The company has about 127 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Therapiva. As per MCA filings, the company has satisfied charges of ₹142.8 Cr on record. Court records list 29 cases involving the company, including 1 filed by the company and 28 filed against it; 10 cases are pending. The company has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in March 2021. 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 Gujarat Themis Biosyn Ltd with revenue of ₹153.23 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 therapiva.net.
Company details
Contact details
Therapiva Private Limited's registered office is in Secunderabad, Telangana. Its website is therapiva.net. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressFlat No. F/B No. 3rd Floor H No. 10 – 2 – 1 Radhe, Raman Lal Nivas Entrenchment Road East Marredpalli, Secunderabad, Telangana, India – 500026
- IndustryPharma, API Manufacturers
To see the full contact details of Therapiva 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
Therapiva operates one associated brand: Therapiva. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops and manufactures active pharmaceutical ingredients and intermediates. | therapiva.net |
Business activity
The main business activity of Therapiva 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 Therapiva Private Limited, buy the company report.
Financials of Therapiva Private Limited
FY 2022 filings availableTherapiva Private Limited reported revenue of ₹148.94 Cr (down 23% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 23% in the latest year. EBITDA fell 14% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹148.94 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹39.36 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹69.2 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -26.4% | |||
| Net Profit Margin | -46.5% | |||
| 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 Therapiva Private Limited, buy the company report.
Board of directors of Therapiva Private Limited
Therapiva has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bandoju Srinivas Also directs: Osr Infra Projects LLP, Proven Chemicals Limited, Epione Labs Private Limited and 5 more | Director | 30 Sep 2021 | 5 Years 0 Months | Current |
| Bolloju Veera Venkata Brahmanandam Also directs: Osr Infra Projects LLP, Epione Labs Private Limited, Osr Infra Private Limited and 1 more | Director | 31 Dec 2021 | 4 Years 9 Months | Current |
Peer comparison
Therapiva 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 |
|---|---|---|---|---|---|---|
| Gujarat Themis Biosyn Ltd | ₹153.23 Cr (FY 2025) | -12.0% | Valsad, Gujarat, India | |||
| Allchem Lifescience Limited | ₹152.78 Cr (FY 2025) | 11.0% | Vadodara, Gujarat, India | |||
| Rampex Labs Private Limited | ₹152.68 Cr (FY 2025) | 16.0% | Bollaram Villege, Telangana, India | |||
| SPC Life Sciences Limited | ₹151.89 Cr (FY 2025) | -3.0% | Vadodara, Gujarat, India | |||
| Therapiva Private Limitedthis company | ₹148.94 Cr (FY 2021) | -₹69.2 Cr | -46.5% | -23.0% | 127 | Secunderabad, Telangana, India |
| Unimark Remedies Limited | ₹148.77 Cr (FY 2018) | -19.0% | Mumbai, Maharashtra, India | |||
| Atlas Life Sciences Private Limited | ₹148.18 Cr (FY 2022) | 35.0% | Ahmedabad, Gujarat, India | |||
| Sionc Pharmaceuticals Private Limited | ₹147.51 Cr (FY 2024) | 13.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Jay Finechem Private Limited | ₹145.44 Cr (FY 2025) | 187.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Therapiva Private Limited, buy the company report.
Auditor
Therapiva Private Limited is audited by B SRINIVASA RAO & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B SRINIVASA RAO & CO | FY 2021 | 008763S |
Shareholding
The shareholding of Therapiva Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Therapiva Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 2018 | 100222610 | Others | ₹142.8 Cr | Satisfied |
To see the full charge records of Therapiva Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Therapiva Private Limited has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in March 2021.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Rights issue | ₹60 Cr | Investors: Laxai Life Sciences Private Limited , Catalysis Pharma Private Limited |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Laxai Life Sciences Private Limited Seller: Omnicare Drugs India Private Limited |
| Dec 2017 | Rights issue | ₹49.99 Cr | Investors: Omnicare Drugs India Private Limited , Laxai Life Sciences Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Therapiva Private Limited has 29 court cases on record: 1 filed by Therapiva, 28 filed against it. 10 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 21 | 8 |
| High courts | 5 | 4 | 2 |
| NCLT | 3 | 3 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed against the company by Pioneer Chemical Industries Private Limited, Rep.By. P. Uday Kiran | Pending |
| District court, Sangareddy, Telangana | Execution petition | Filed against the company by Corey Organics Private Limited Rep.By Its G.Viswanatha Reddy | Pending |
| High Court of Karnataka | Arbitration matter | Filed against the company by M/S Chromachemie Laboratory Private Limited | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by I.T. Radiant Solutions (P) Ltd. | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against Southern Power Distribution Company of Telangana Limited and Another and 1 other | Pending |
To see the full case history of Therapiva 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
Therapiva Private Limited was last rated by Icra on 14 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 14 Jul 2021 |
To see the full credit ratings and regulatory alerts of Therapiva Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Therapiva Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Therapiva has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Therapiva (Vizag) Private Limited | U73200AP2019PTC113569 |
To see the full group structure of Therapiva Private Limited, buy the company report.
Employees & EPFO
Therapiva Private Limited has a workforce of 127 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Therapiva has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCZ1494R1ZI | Telangana | Active | 05 May 2018 |
To see the full GST registrations and return filing status of Therapiva Private Limited, buy the company report.
Recent activity
Therapiva Private Limited has 10 board changes on record since 2020: 2 appointments and 8 cessations. The latest: Nikhil Srivastava ceased to be Company Secretary on 08 Apr 2023.
4 earlier events are in the company report.
Frequently asked questions
Therapiva is an active private limited company based in Secunderabad, Telangana, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 01 December 2017 (9+ years old) and is registered under CIN U73100TG2017PTC120931.
Therapiva has 2 current directors:
- Bandoju Srinivas - Director
- Bolloju Veera Venkata Brahmanandam - Director
The latest financial statements of Therapiva 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 FY 2018 are in the company report.
The GSTIN of Therapiva is 36AABCZ1494R1ZI, registered in Telangana.
The CIN (Corporate Identification Number) of Therapiva is U73100TG2017PTC120931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Therapiva has 29 court cases on record: 1 filed by the company and 28 filed against it. 10 are pending. Most are in the district courts.
Therapiva was incorporated on 01 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Hyderabad.
Therapiva has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in March 2021.
The peers of Therapiva by revenue are Gujarat Themis Biosyn Ltd, Allchem Lifescience Limited, Rampex Labs Private Limited, SPC Life Sciences Limited, Unimark Remedies 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).
Nikhil Srivastava ceased to be Company Secretary on 08 Apr 2023. Bolloju Veera Venkata Brahmanandam ceased to be Additional Director on 29 Sep 2022. Bolloju Veera Venkata Brahmanandam was appointed as Director on 31 Dec 2021. Therapiva has 10 board changes on record in total.
Therapiva can be reached through the website therapiva.net. Its registered office is in Secunderabad, Telangana, India.