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Cliantha Research Limited
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Registered Details

CLIANTHA RESEARCH LIMITED

www.cliantha.in

All Companies ›

Gujarat ›

Research & Development ›

CLIANTHA RESEARCH LIMITED

Active

Updated: 26 Sep 2025

The company is engaged in providing the practice of general or specialized medicine and surgery for various licensed practitioners.

Cliantha Research Limited, is an unlisted public company incorporated on 30 August, 2004. It is classified as a public limited company and is located in , Gujarat. It's authorized share capital is INR 10.50 cr and the total paid-up capital is INR 3.78 cr.

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Industry and products

Research and Development

eLearning, eClinical, Dermatology, Medical Services, Lab Services, Early Phase, Biometrics, Consumer Research, Respiratory, Tobacco Research, Late Phase

Company size

Auth Capital

₹ 10.5 Cr

Paidup Capital

₹ 3.8 Cr

Revenue

₹ 500-500 cr

Key Metrics

** All rupee values in INR crores.

Total Revenue

6.76%

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EBITDA

-8.66%

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Net Profit

-17.37%

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Networth

15.67%

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Borrowings

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Assets

11.01%

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Gross Margin

-0.69

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Operating Margin

-4.61

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Net Profit Margin

-5.03

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Return on Equity

-5.73

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ROCE

-7.94

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Debt to Equity

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Sales

Mar 2024

Net worth

Mar 2024

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Locations

India (14)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Director	Mukesh Mangalbhai Patel	00053892	0 years
Director	Manubhai Khodidas Patel	00132045	9 years
Director	Yogendra Kumar Gupta	03432845	1 years
Director	Nilima Arun Kshirsagar	07721772	1 years
Director	Rajiv Vikrambhai Kamani	10765780	1 years

Financial Highlights

Financials upto March 2024 available in Tofler Pro

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
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Balance Sheet

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Consolidated

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	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	3.8	3.8	3.8	3.8	3.8
Reserves	211.1	256.4	337.3	382.7	456.1
Borrowings +	113.2	101.9	65.6	60.7	36.4
Long term borrowings	52.0	39.5	11.2	23.1	17.5
Short term borrowings	61.1	62.4	54.4	37.6	18.8
Trade payables +	26.9	25.5	35.4	33.5	25.8
Days payable	98.0	99.0	78.0	63.0	42.0
Other liabilities +	66.5	79.0	93.5	115.4	91.0
Other non-current liabilities	3.0	2.5	2.5	30.6	18.8
Other current liabilities	36.6	50.9	55.5	51.3	46.5
Total liabilities	394.6	441.2	500.2	562.6	587.2
Fixed Assets +	281.6	310.7	326.6	364.6	347.7
Tangible assets	126.9	216.0	220.8	275.8	251.4
CWIP	72.3	12.7	19.7	-	6.2
Intangible assets	82.3	82.0	86.2	88.8	90.0
LT loans and advances	-	-	-	-	-
Other non-current assets	32.4	27.0	24.6	16.9	14.7
Current assets +	80.6	103.5	148.9	181.1	224.7
Inventories	2.8	2.9	4.3	5.2	7.8
Trade receivables	45.5	58.4	86.0	112.6	118.9
Cash and cash equivalents	4.8	17.4	11.4	8.9	10.2
ST loans and advances	-	-	-	-	-
Other current assets	27.5	24.9	47.3	54.4	87.8
Total assets	394.6	441.2	500.2	562.6	587.2

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	0.97	0.87	0.77	0.67	0.64
Reserves	53.5	58.12	67.44	68.03	77.67
Borrowings +	28.68	23.1	13.11	10.78	6.19
Long term borrowings	13.19	8.95	2.24	4.11	2.99
Short term borrowings	15.49	14.15	10.87	6.68	3.21
Trade payables	6.82	5.79	7.08	5.96	4.39
Other liabilities +	16.86	17.91	18.69	20.52	15.49
Other non-current liabilities	0.76	0.58	0.5	5.43	3.19
Other current liabilities	9.28	11.54	11.11	9.13	7.91
Total liabilities
Fixed Assets +	71.36	70.42	65.31	64.8	59.22
Tangible assets	32.17	48.96	44.14	49.02	42.82
CWIP	18.34	2.88	3.94	0.0	1.06
Intangible assets	20.86	18.58	17.23	15.78	15.34
LT loans and advances	0.0	0.0	0.0	0.0	0.0
Other non-current assets	8.2	6.11	4.91	3.01	2.51
Current assets +	20.44	23.47	29.78	32.19	38.27
Inventories	0.71	0.65	0.86	0.93	1.34
Trade receivables	11.53	13.23	17.18	20.02	20.24
Cash and cash equivalents	1.22	3.94	2.27	1.58	1.74
ST loans and advances	0.0	0.0	0.0	0.0	0.0
Other current assets	6.97	5.65	9.46	9.66	14.96
Total assets

Total assets

Charges on assets

Bank wise

Charges

The Hongkong and Shanghai Banking Corporation Limited

No. of Loans: 1

Total Amount : 70.0 cr

Standard Chartered Bank

No. of Loans: 1

Total Amount : 55.0 cr

Charge Holder	Amount	Date of creation/modification
Standard Chartered Bank	55.0 cr	03 Apr, 2020
The Hongkong and Shanghai Banking Corporation Limited	70.0 cr	17 Oct, 2017

Charges

The Hongkong and Shanghai Banking Corporation Limited

Standard Chartered Bank

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
SAVANNAH HOTELS PRIVATE LIMITED	Amalgamated	15.8 Cr	1	Maharashtra
GULMOHAR GREENS-GOLF AND COUNTRY CLUB LIMITED	Active	9.8 Cr	1	Gujarat
BAAP DIAGNOSTICS LIMITED	Amalgamated	5.0 L	1	Gujarat
ZYDUS PHARMACEUTICALS LIMITED	Amalgamated	95.0 L	1	Gujarat
JADE BLUE LIFESTYLE INDIA LIMITED	Active	11.8 Cr	1	Gujarat
DESAI FOODS PRIVATE LIMITED	Active	1.8 Cr	1	Maharashtra
DESAI BROTHERS LTD	Active	2.7 Cr	1	Maharashtra
FORCE MOTORS LIMITED	Active	13.2 Cr	1	Maharashtra
ZYDUS LIFESCIENCES LIMITED	Active	100.6 Cr	1	Gujarat
VYTAL HEALTHTECH PRIVATE LIMITED	Active	61.5 L	1	Maharashtra
DIALFORHEALTH UNITY LIMITED	Active	5.0 L	1	Gujarat
ZYDUS BSV RESEARCH AND DEVELOPMENT PRIVA TE LIMITED	Amalgamated	2.0 Cr	1	Gujarat
GVFL TRUSTEE COMPANY PRIVATE LIMITED	Active	1.0 L	1	Gujarat
DIGICARE HEALTH SOLUTIONS PRIVATE LIMITED	Active	44.2 Cr	1	Gujarat
MEGHMANI ORGANICS LIMITED	Amalgamated	25.4 Cr	1	Gujarat
MEGHMANI ORGANICS LIMITED	Active	25.4 Cr	1	Gujarat
ACME DIET CARE PRIVATE LIMITED	Active	3.0 Cr	1	Gujarat
ZYVELOR LABS PRIVATE LIMITED	Active	51.0 L	1	Gujarat
EPIGRAL LIMITED	Active	43.1 Cr	1	Gujarat
FOUNDATION FOR DISEASE ELIMINATION AND CONTROL OF INDIA	Active	1.0 L	1	Maharashtra
SICUREMI HEALTHCARE TECHNOLOGIES PRIVATE LIMITED	Active	49.8 L	1	Uttar Pradesh
VATYKA HEALTH VISION LLP	Active	10,000.0	1	Uttar Pradesh
BHARAT IMMUNOLOGICALS AND BIOLOGICALS CORPORATION LIMITED	Active	43.2 Cr	1	Uttar Pradesh

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
Hill Top Research Inc.	United States	-	-
Inflamax Research Limited	Canada	-	-

Tofler Score

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Fair

Good

Very Good

Excellent

Risk

Severe Risk

No risks identified

Moderate Risk

No risks identified

Low Risk

No risks identified

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.

CIN

U73100GJ2004PLC044669

PAN

AACCB4535A

Incorporation

2004, 21.2 years

Company Email

dmehta@cliantha.com

Paid up Capital

₹ 3.8 Cr

Authorised Capital

₹ 10.5 Cr

AGM

Jun 2025

Type

Public

Others

FAQ - CLIANTHA RESEARCH LIMITED

What is the incorporation date of CLIANTHA RESEARCH LIMITED?

The incorporation date of CLIANTHA RESEARCH LIMITED is 30 August, 2004

What is the authorized share capital of CLIANTHA RESEARCH LIMITED?

The authorized share capital of CLIANTHA RESEARCH LIMITED is INR ₹ 10.5 Cr.

What is the paid-up capital of CLIANTHA RESEARCH LIMITED?

The paid-up capital of CLIANTHA RESEARCH LIMITED is INR ₹ 3.8 Cr.

What is the registered address of CLIANTHA RESEARCH LIMITED?

The registered address of CLIANTHA RESEARCH LIMITED is Cliantha Corporate, TP 86, FP 28/1, Off S.P. Ring Road, Sarkhej - Ahmedabad, Ahmedabad, Ahmedabad, Gujarat, India, 382210 - 382210

What is the CIN number of CLIANTHA RESEARCH LIMITED?

The CIN number of CLIANTHA RESEARCH LIMITED is U73100GJ2004PLC044669.

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