Variety Formulations Pvt Ltd - Company Profile

It is a pharma private limited company based in Palghat, Kerala, India, established in 1988.
1988 Palghat, Kerala, India Active
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About Variety Formulations Pvt Ltd

Variety Formulations Pvt Ltd, a active private limited company, was established on 16 November 1988 in Palghat, Kerala, India. Engaging in pharmaceutical retailers & distributors within the manufacturing sector, it holds CIN: U24231KL1988PTC005228. Registered under ROC Roc Ernakulam. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹1.76 M.

It upholds a compliant status. Employing 1 professional, Its leadership includes Thekka Prakotuthodi Balakrishnan (Director), David Joseph Palayoor (Managing Director). Past directors included Ramankutty Warrier Rajan, Vadavat Sukumaran, Rajappan Rajmohannair. It holds ₹5.22 Cr open charges and ₹2.57 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at B-3 Industrial Estatekulappully Shornur, Palghat, Kerala, 679122.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24231KL1988PTC005228

  • Registration Number

    005228

  • Incorporation Date

    16 November 1988

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹1.76 M

  • ROC Code

    Roc Ernakulam

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.76 M
  • Company Age 37 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.22 Cr
  • Satisfied Charges ₹ 2.57 M
  • Revenue Growth **** -29.38%
  • Profit Growth **** -51.77%
  • Ebitda **** 30.21%
  • Net Worth 2.80%
  • Total Assets -2.35%
Company report

Variety Formulations Pvt Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Variety Formulations Pvt Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Variety Formulations Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Thekka Prakotuthodi Balakrishnan Director 28 Sep 1999 Current
David Joseph Palayoor Managing Director 30 Jun 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 06 Mar 2013 Past
Pramod Abcsdd Director 30 Jun 2010 Past
Pramod Abcsdd Managing Director 30 Jun 2010 Past

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Financial Performance of Variety Formulations.

Variety Formulations Pvt Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 29.38% decrease. The company also saw a substantial fall in profitability, with a 51.77% decrease in profit. The company's net worth moved up by a moderate rise of 2.8%.

Variety Formulations revenue growth over time
Variety Formulations profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -29.38%
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Revenue from Operations
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Total Assets
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 -2.35%
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*******
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*******
Profit or Loss
*******
 -51.77%
*******
*******
*******
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Net Worth
*******
 2.80%
*******
*******
*******
*******
EBITDA
*******
 30.21%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Variety Formulations?

In 2018, Variety Formulations had a promoter holding of 96.59% and a public holding of 3.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹52,222,000.00

Satisfied Charges

₹2,565,000.00

Charges Breakdown by Lending Institutions
  • Dhanlaxmi Bank Limited : 5.22 Cr
Latest Charge Details
Date Lender Amount Status
25 Mar 2019 Dhanlaxmi Bank Limited ₹4.92 Cr Open
06 Sep 2013 Dhanlaxmi Bank Limited ₹3.07 M Open
02 Jun 2008 The Catholic Syrian Bank Ltd ₹1.00 M Satisfied
20 Dec 2004 The Catholic Syrian Bank Ltd ₹1.32 M Satisfied
04 Feb 1997 The Kerala Financial Corporation ₹0.25 M Satisfied

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How Many Employees Work at Variety Formulations?

Variety Formulations has a workforce of 1 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Variety Formulations, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Variety Formulations's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Variety Formulations
Recent Activity within the Organization
  • Charges

    The activity A charge with Dhanlaxmi Bank Limited of Rs. 49.15 M registered on 25 Mar 2019 with Charge ID 100254925 was modified on 04 Oct 2025. was completed.

  • Annual General Meeting

    Variety Formulations Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Variety Formulations Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam. was completed.

  • Charges

    The activity A charge with Dhanlaxmi Bank Limited amounted to Rs. 49.15 M with Charge ID 100254925 was registered on 25 Mar 2019. was completed.

  • Charges

    The activity A charge registered on 02 Jun 2008 via Charge ID 10110298 with The Catholic Syrian Bank Ltd was fully satisfied on 30 Dec 2013. was completed.

  • Charges

    Progress on A charge registered on 20 Dec 2004 via Charge ID 90020325 with The Catholic Syrian Bank Ltd was fully satisfied on 30 Dec 2013. was documented.

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Frequently Asked Questions
What is the CIN of Variety Formulations Pvt Ltd?

The CIN of Variety Formulations Pvt Ltd is U24231KL1988PTC005228.

Where is Variety Formulations Pvt Ltd headquartered?

Variety Formulations Pvt Ltd is headquartered at B-3 Industrial Estatekulappully Shornur, Palghat, Kerala, 679122.

When was Variety Formulations Pvt Ltd incorporated?

Variety Formulations Pvt Ltd was incorporated on 16 November 1988.

Who are the current directors of Variety Formulations Pvt Ltd?

The current directors of Variety Formulations Pvt Ltd are

What is the primary industry of Variety Formulations Pvt Ltd?

The primary industry of Variety Formulations Pvt Ltd is Manufacturing.

Is Variety Formulations Pvt Ltd a listed company?

Variety Formulations Pvt Ltd is unlisted.

What is the capital structure of Variety Formulations Pvt Ltd?

The authorized capital of Variety Formulations Pvt Ltd is ₹2.50 M, and the paid-up capital is ₹1.76 M.

What is the compliance status of Variety Formulations Pvt Ltd?

The compliance status of Variety Formulations Pvt Ltd is Compliant.

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