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HONOUR LAB LIMITED

Active
Updated: 29 Jun 2025

The company operates as a chemical company. It manufactures bulk drug intermediates and active pharmaceutical ingredients.

Honour Lab Limited, is an unlisted public company incorporated on 21 November, 2011. It is classified as a public limited company and is located in , . It's authorized share capital is INR 27.50 cr and the total paid-up capital is INR 5.00 cr.

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Subscription Plans
Industry and products
Manufacturing of Pharmaceuticals
  • Central Nervous System, Antiretrovirals, Prostaglandins etc., Diabetes, Cardiovascular, Gastrointestinal
Company size
Auth Capital
₹ 27.5 Cr
Paidup Capital
₹ 5.0 Cr
Revenue
₹ 2250-2500 cr
# Key metrics of Honour Lab Limited - All rupee values in INR crores. Based on March 2024 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 27.5 Cr | | | Paidup Capital | ₹ 5.0 Cr | | | Revenue | ₹ 2250-2500 cr | | | Total Revenue | ₹2,349.0 | 10.71% | | EBITDA | ₹361.4 | 105.28% | | Net Profit | ₹238.4 | 190.05% | | Networth | ₹1,331.7 | 21.63% | | Borrowings | ₹337.9 | 24.57% | | Assets | ₹2,051.2 | 10.8% | | Gross Margin | 33.2% | 8.41 | | Operating Margin | 15.7% | 7.26 | | Net Profit Margin | 10.2% | 6.28 | | Return on Equity | 17.9% | 10.39 | | ROCE | 30.3% | 13.85 | | Debt to Equity | 0.2 | 0.0 |
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue
10.71%
₹ 2,349.0
EBITDA
105.28%
₹ 361.4
Net Profit
190.05%
₹ 238.4
Networth
21.63%
₹ 1,331.7
Borrowings
24.57%
₹ 337.9
Assets
10.8%
₹ 2,051.2
Gross Margin
8.41
33.2 %
Operating Margin
7.26
15.7 %
Net Profit Margin
6.28
10.2 %
Return on Equity
10.39
17.9 %
ROCE
13.85
30.3 %
Debt to Equity
-
0.2
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (7)
State Type Address

location icon Locations on Map

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People

Designation Name DIN/PAN Tenure
Whole-time Director Kesireddy Subhas Chander Reddy 07254929 10 years
Managing Director Rathnakar Reddy Kura
Shareholder
00211510 14 years
Director Krishnaveni Kura
Shareholder
07033330 8 years
Additional Director Gopal Reddy Annareddy 07306495 2 years
Additional Director Adi Sesha Giri Jagarapu 08774486 2 years

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 1,300.0 2,184.0 2,232.4 2,091.0 2,304.8
Operating profit 142.6 526.0 315.5 176.1 361.4
Net profit 76.3 362.8 224.2 82.2 238.4
Gross margin 26.1 36.5 27.3 24.8 33.2
Operating margin 11.0 24.1 14.1 8.4 15.7
Net margin 5.8 16.5 9.8 3.9 10.2
Networth 428.7 790.2 1,013.3 1,094.9 1,331.7
Borrowings 238.1 168.8 246.8 271.2 337.9
Assets 1,121.4 1,293.2 1,675.9 1,851.4 2,051.2
Debt to equity 0.6 0.2 0.2 0.2 0.2
Current ratio 1.2 1.6 1.6 1.5 1.7
ROE 17.8 45.9 22.1 7.5 17.9
Days payable 115.0 57.0 66.0 82.0 53.0
WC days 30.0 44.0 51.0 57.0 64.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 5.0 5.0 5.0 5.0 5.0
Reserves 423.7 785.2 1,008.3 1,089.9 1,326.7
Borrowings + 238.1 168.8 246.8 271.2 337.9
Long term borrowings 48.5 5.0 6.0 6.5 37.2
Short term borrowings 189.6 163.8 240.8 264.8 300.7
Trade payables + 301.9 215.0 293.8 354.0 225.2
Days payable 115.0 57.0 66.0 82.0 53.0
Other liabilities + 454.5 334.2 415.8 485.2 381.6
Other non-current liabilities 80.7 78.4 89.9 98.3 114.3
Other current liabilities 72.0 40.9 32.1 33.0 42.1
Total liabilities 1,121.4 1,293.2 1,675.9 1,851.4 2,051.2
Fixed Assets + 363.4 397.6 489.0 541.2 659.1
Tangible assets 316.9 334.6 423.7 474.4 559.3
CWIP 45.0 61.2 23.9 22.9 52.0
Intangible assets 1.5 1.9 41.4 43.8 47.8
LT loans and advances 2.3 60.4 110.2 115.4 198.8
Other non-current assets 84.9 153.4 195.8 215.0 219.2
Current assets + 670.8 681.8 880.9 979.8 974.2
Inventories 286.0 252.6 424.7 498.6 389.9
Trade receivables 315.3 370.9 353.5 403.5 481.2
Cash and cash equivalents 0.6 1.5 1.5 1.5 1.4
ST loans and advances - - - - -
Other current assets 68.9 56.7 101.3 76.1 101.7
Total assets 1,121.4 1,293.2 1,675.9 1,851.4 2,051.2
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 1,300.0 2,184.0 2,232.4 2,091.0 2,304.8
Sales growth % 33.76 68.0 2.22 -6.33 10.22
Expenses + 1,227.7 1,713.0 1,966.9 1,987.5 2,024.1
Cost of goods 961.2 1,386.2 1,623.1 1,571.6 1,538.4
Employee cost 65.4 81.5 95.9 109.1 128.2
Other costs 130.8 190.3 198.0 234.3 276.7
Operating profit + 142.6 526.0 315.5 176.1 361.4
Operating margin % 11.0 24.1 14.1 8.4 15.7
Other income 16.7 12.1 57.5 30.7 44.2
Interest 47.9 30.0 24.6 39.1 41.6
Depreciation 22.4 25.0 25.4 33.4 39.2
Exceptional items - - - - -
Profit before tax 89.0 483.1 323.1 134.2 324.9
Tax 12.7 120.3 98.9 52.0 86.6
Profit - disc. ops - - - - -
Net profit 76.3 362.8 224.2 82.2 238.4
Net margin % 5.8 16.5 9.8 3.9 10.2
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.6 0.2 0.2 0.2 0.2
Net Debt/Equity 0.6 0.2 0.2 0.2 0.2
Total Debt/Assets 0.2 0.1 0.1 0.1 0.2
Total Assets/Equity 2.6 1.6 1.6 1.7 1.5
Liquidity +
Current Ratio 1.2 1.6 1.6 1.5 1.7
Quick Ratio 0.7 1.0 0.8 0.7 1.0
Interest Coverage 3.0 17.5 12.8 4.5 8.7
Performance
Gross Margin 26.1 36.5 27.3 24.8 33.2
Operating Margin 11.0 24.1 14.1 8.4 15.7
Net Margin 5.8 16.5 9.8 3.9 10.2
Return +
Return on Equity 17.8 45.9 22.1 7.5 17.9
Pre-tax ROCE 25.5 75.9 36.1 16.4 30.3
Return on Assets 6.8 28.1 13.4 4.4 11.6
Pre-tax ROIC 18.0 52.3 23.1 10.4 19.3
Efficiency +
Days Payable 115.0 57.0 66.0 82.0 53.0
Days Inventory 109.0 67.0 95.0 116.0 93.0
Days Receivable 89.0 62.0 58.0 70.0 76.0
Fixed Asset Turnover 3.6 5.5 4.6 3.9 3.5
Total Asset Turnover 1.2 1.7 1.3 1.1 1.1
Working Capital
Cash Conversion Cycle 83.0 72.0 87.0 104.0 116.0
Working Capital Days 30.0 44.0 51.0 57.0 64.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

IDBI Trusteeship Services Limited

No. of Loans: 1

Total Amount : 526.0 cr

2

HDFC Bank Limited

No. of Loans: 1

Total Amount : 75.0 cr

3

Mahindra and Mahindra Financial Services Limited

No. of Loans: 7

Total Amount : 3.3 cr

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Charges

IDBI Trusteeship Services Limited
HDFC Bank Limited
Mahindra and Mahindra Financial Services Limited

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Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
Audree Infotech Private Limited India - -
GLENYS LAB PRIVATE LIMITED Telangana 2015 ₹ 20.0 L
HEXISA LAB PRIVATE LIMITED Telangana 2015 ₹ 10.0 L
HONCHO LAB PRIVATE LIMITED 2015 ₹ 10.0 L

Tofler Score

Very Good
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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • LOW CASH BALANCE
Low Risk
  • ROCE DETERIORATING
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Registered Details

CIN

U24233TG2011PLC077561

PAN

AACCH8413M

Incorporation

2011, 13.7 years

Company Email

CS@honourlab.com

Paid up Capital

₹ 5.0 Cr

Authorised Capital

₹ 27.5 Cr

AGM

Sep 2024

Type

Public
Others

FAQ - HONOUR LAB LIMITED

What is the incorporation date of HONOUR LAB LIMITED?

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The incorporation date of HONOUR LAB LIMITED is 21 November, 2011

What is the authorized share capital of HONOUR LAB LIMITED?

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The authorized share capital of HONOUR LAB LIMITED is INR ₹ 27.5 Cr.

What is the paid-up capital of HONOUR LAB LIMITED?

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The paid-up capital of HONOUR LAB LIMITED is INR ₹ 5.0 Cr.

What is the registered address of HONOUR LAB LIMITED?

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The registered address of HONOUR LAB LIMITED is Nexity, Tower 30, 12th Floor, Survey No. 83/1, Hyderabad Knowledge City, Raidurg, Serilingampally, Madhapur, Hyderabad, Shaikpet, Telangana, India, 500081 - 500081

What is the CIN number of HONOUR LAB LIMITED?

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The CIN number of HONOUR LAB LIMITED is U24233TG2011PLC077561.

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