MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0110000
Thetabeta Analgorithms Private Limited - pharma in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.62 Cr
▲ 18% YoY
Net profit · FY 2024
₹7.06 Lakh
Net margin 1.3%
EBITDA · FY 2024
₹1.02 Cr
EBITDA margin 18.2%
Authorised capital
₹3.05 Cr
Registered with MCA
Paid-up capital
₹2.95 Cr
Issued & subscribed
Open charges
₹1.63 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
20
Provident fund records
About Thetabeta Analgorithms Private Limited
Data last updated:
Thetabeta Analgorithms Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the pharma contract r and d segment of the pharmaceuticals sector. It was incorporated on 18 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC298752. Its GSTIN is 27AAGCT3913L1Z2 (Maharashtra).
The company has an authorised share capital of ₹3.05 Cr and a paid-up capital of ₹2.95 Cr. It is led by directors including Pradeep Kumar Behera (Managing Director) and Datta Yashvant Waghmode.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Z – A – 1 Block (Part Of) Apm – II Phase – II Sec – 19B Vashi, Navi Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.62 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹7.06 Lakh (net margin 1.3%) and EBITDA of ₹1.02 Cr (EBITDA margin 18.2%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 94% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.63 Cr on record. The company has 13 deals on record (5 debt financings, 4 rights issues, 2 funding rounds), with disclosed funding of ₹2.46 Cr; the latest was in February 2022. Its 10 peer companies in the Pharma industry (Contract Research) are compared by revenue, 5 larger and 5 smaller; the largest is Star Wire (India) Laboratories Private Limited with revenue of ₹5.87 Cr.
Thetabeta Analgorithms Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0110000). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website theta-beta.com.
Company Details of Thetabeta Analgorithms Private Limited
CIN U74999MH2017PTC298752
Registration Number 298752
Incorporation Date 18 August 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0110000
Key People
Pradeep Kumar Behera Managing Director Datta Yashvant Waghmode Additional Director Anirudh Bhaskar Fegde Additional Director Recognitions & Rankings of Thetabeta Analgorithms
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressZ – A – 1 Block (Part Of) Apm – II Phase – II Sec – 19B Vashi, Navi Mumbai, Maharashtra, India – 400703
- IndustryPharma, Pharma Contract R&D
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Business Activity of Thetabeta Analgorithms Private Limited
The main business activity of Thetabeta Analgorithms is professional, scientific and technical. In detail, this covers scientific research and development.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development | Locked |
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Turnover share and past changes in activity are in the company report.
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Financials of Thetabeta Analgorithms Private Limited FY 2025 filings available
Thetabeta Analgorithms Private Limited reported revenue of ₹5.62 Cr (up 18% YoY) for FY 2024.
Revenue · FY 2024
₹5.62 Cr ▲ 18%
Net profit · FY 2024
₹7.06 Lakh margin 1.3%
EBITDA · FY 2024
₹1.02 Cr margin 18.2%
Compounded Annual Growth Rate (CAGR) of Thetabeta Analgorithms Private Limited
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 40%
5 years · compounded
▲ 94%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 59%
5 years · compounded
▲ 37%
Revenue has grown at a compounded annual rate (CAGR) of 94% over five years, including 18% growth in the latest year. EBITDA rose 8% 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 of Thetabeta Analgorithms Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.02 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.06 Lakh | •••• | •••• | •••• | •••• |
| 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 of Thetabeta Analgorithms Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Thetabeta Analgorithms are in the company report.
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Financial statements from FY 2018
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Board of Directors of Thetabeta Analgorithms Private Limited
Thetabeta Analgorithms has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Datta Yashvant Waghmode | Additional Director | 20 Aug 2019 | 7 Years 2 Months | Current |
| Anirudh Bhaskar Fegde | Additional Director | 20 Aug 2019 | 7 Years 2 Months | Current |
| Pradeep Kumar Behera Also directs: Redbeta Biosciences Private Limited | Managing Director | 18 Aug 2017 | 9 Years 2 Months | Current |
Peer Comparison of Thetabeta Analgorithms Private Limited
Thetabeta Analgorithms Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Contract Research). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Star Wire (India) Laboratories Private Limited | ₹5.87 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Ballabgarh, Haryana, India |
| Veeprho Laboratories Private Limited | ₹5.81 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Navi Mumbai, Maharashtra, India |
| Colorimetr Consulting Private Limited | ₹5.71 Cr (FY 2022) | •••• | •••• | 599.0% | •••• | Chennai, Tamil Nadu, India |
| Enaltec Pharma Research Private Limited | ₹5.67 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Ambernath, Maharashtra, India |
| Mai Medical Private Limited | ₹5.64 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Satara, Maharashtra, India |
| Thetabeta Analgorithms Private Limited this company | ₹5.62 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Navi Mumbai, Maharashtra, India |
| Sanyog Pharma Consultants (Indore) Private Limited | ₹5.56 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Indore, Madhya Pradesh, India |
| Sara Research & Development Centre Private Limited | ₹5.55 Cr (FY 2024) | •••• | •••• | -47.0% | •••• | Navi Mumbai, Maharashtra, India |
| Hector Research & Archival Private Limited | ₹5.52 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Nagpur, Maharashtra, India |
| Monvi Laboratories Private Limited | ₹5.51 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Hyderabad, Telangana, India |
| Medolway Life Sciences Private Limited | ₹5.47 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Ambala Cantt, Haryana, India |
Peers are the five companies nearest above and the five nearest below Thetabeta Analgorithms by revenue in the Pharma industry (Contract Research), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Thetabeta Analgorithms Private Limited
Thetabeta Analgorithms Private Limited is audited by PARMAR & PALKAR for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PARMAR & PALKAR | Locked | Locked | Locked |
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Ownership and Shareholding of Thetabeta Analgorithms Private Limited
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Charges & Borrowings of Thetabeta Analgorithms Private Limited
Open charges
₹1.63 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jan 2023 | Axis Bank Limited | ₹1.4 Cr | Open |
| 31 Mar 2022 | Others | ₹23.4 Lakh | Open |
Total charge records: 2 View all charges
Deals & Funding of Thetabeta Analgorithms Private Limited
Thetabeta Analgorithms Private Limited has 13 deals on record (5 debt financings, 4 rights issues, 2 funding rounds), with disclosed funding of ₹2.46 Cr; the latest was in February 2022.
Total deals
13
Debt financings
5
Rights issues
4
Funding rounds
2
Convertible or debt financings
2
Disclosed funding
₹2.46 Cr
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Debt financing | ₹32 Lakh | Investors: 2 individuals |
| Nov 2021 | Rights issue | ₹9.6 Lakh | Investors: an individual |
| Oct 2021 | Debt financing | ₹49 Lakh | Investors: 4 individuals |
| Dec 2020 | Debt financing | ₹36 Lakh | Investors: an individual |
| Dec 2020 | Rights issue | ₹9.5 Lakh | Investors: 3 individuals |
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Employees and EPFO Compliance at Thetabeta Analgorithms Private Limited
Employment history and EPFO contributions of people linked to Thetabeta Analgorithms.
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Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Thetabeta Analgorithms Private Limited
Thetabeta Analgorithms Private Limited has 8 board changes on record since 2017: 3 appointments and 5 cessations. The latest: Bhagya Lakshmi Chaitanya Ande ceased to be Director on 09 Jun 2022.
AGM
Thetabeta Analgorithms Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Thetabeta Analgorithms Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Axis Bank Limited of Rs. 1.40 Cr registered on 21 Jan 2023 with Charge ID 100687663 was modified on 26 Oct 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.40 Cr with Charge ID 100687663 was registered on 21 Jan 2023.
Ceased
Bhagya Lakshmi Chaitanya Ande ceased to be Director.
Ceased
Akhil Priya Pandey ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 0.23 Cr with Charge ID 100596502 was registered on 31 Mar 2022.
Appointed
Anirudh Bhaskar Fegde was appointed as Additional Director.
Appointed
Datta Yashvant Waghmode was appointed as Additional Director.
Ceased
Pradeep Kumar Behera ceased to be Director.
Ceased
Amit Jogindernath Kalra ceased to be Director.
Ceased
Shital Shailesh Gohad ceased to be Director.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Thetabeta Analgorithms Private Limited
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MSME Payment Delays by Thetabeta Analgorithms Private Limited
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Subsidiaries & Group Companies of Thetabeta Analgorithms Private Limited
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GST Compliance of Thetabeta Analgorithms Private Limited
Thetabeta Analgorithms has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCT3913L1Z2 | Maharashtra | Active | 27 Sep 2018 |
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MCA Filings & Documents of Thetabeta Analgorithms Private Limited
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Frequently Asked Questions about Thetabeta Analgorithms Private Limited
Thetabeta Analgorithms is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in pharma contract r and d, within the pharma industry. It was incorporated on 18 August 2017 (9+ years old) and is registered under CIN U74999MH2017PTC298752.
Thetabeta Analgorithms reported revenue of ₹5.62 Cr for FY 2024 (up 18% YoY).
Thetabeta Analgorithms has 3 current directors:
- Pradeep Kumar Behera - Managing Director
- Datta Yashvant Waghmode - Additional Director
- Anirudh Bhaskar Fegde - Additional Director
Thetabeta Analgorithms reported a net profit of ₹7.06 Lakh (net margin 1.3%) and EBITDA of ₹1.02 Cr (EBITDA margin 18.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thetabeta Analgorithms is 40% over three years and 94% over five years. In the latest year (FY 2024) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Thetabeta Analgorithms is 27AAGCT3913L1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Thetabeta Analgorithms is U74999MH2017PTC298752. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thetabeta Analgorithms was incorporated on 18 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Thetabeta Analgorithms has 13 deals on record (5 debt financings, 4 rights issues, 2 funding rounds), with disclosed funding of ₹2.46 Cr; the latest was in February 2022.
The peers of Thetabeta Analgorithms by revenue are Star Wire (India) Laboratories Private Limited, Veeprho Laboratories Private Limited, Colorimetr Consulting Private Limited, Enaltec Pharma Research Private Limited, Mai Medical Private Limited and 5 more, all in the Pharma industry (Contract Research).
Bhagya Lakshmi Chaitanya Ande ceased to be Director on 09 Jun 2022. Akhil Priya Pandey ceased to be Additional Director on 08 Apr 2022. Anirudh Bhaskar Fegde was appointed as Additional Director on 20 Aug 2019. Thetabeta Analgorithms has 8 board changes on record in total.