DPIIT recognised startup Government of India
Startup India
Cheer Pharmaceutical Private Limited
Cheer Pharmaceutical Private Limited - pharma in Visnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.32 Lakh
▼ 80% YoY
Net loss · FY 2024
₹11.91 Lakh
Latest filing
EBITDA · FY 2024
-₹10.09 Lakh
EBITDA margin -435.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Cheer Pharmaceutical Private Limited
Data last updated:
Cheer Pharmaceutical Private Limited is a private limited company based in Visnagar, Gujarat, India, recognised as a startup by DPIIT. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 18 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24239GJ2021PTC124962. Its GSTIN is 24AAJCC7040G1ZV (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chiragkumar Rameshchandra Acharya and Ujjawal Rameshchandra Acharya.
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 Cheer Pharmaceutical C/O Acharya R.C. Kamana Road R.S.No.2623 B758610060, Visnagar, Gujarat, India – 384315.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.32 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹11.91 Lakh and EBITDA of -₹10.09 Lakh (EBITDA margin -435.2%).
Cheer Pharmaceutical Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0010864).
Company details
CIN U24239GJ2021PTC124962
Registration Number 124962
Incorporation Date 18 August 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-14-0010864
Recognitions & Rankings of Cheer Pharmaceutical
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-GJ-14-0010864
Contact details
Cheer Pharmaceutical Private Limited's registered office is in Visnagar, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressCheer Pharmaceutical C/O Acharya R.C. Kamana Road R.S.No.2623 B758610060, Visnagar, Gujarat, India – 384315
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Cheer Pharmaceutical Private Limited, buy the company report.
Comprehensive company report
Cheer Pharmaceutical Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Cheer Pharmaceutical 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 Cheer Pharmaceutical Private Limited, buy the company report.
Financials of Cheer Pharmaceutical Private Limited
FY 2025 filings availableCheer Pharmaceutical Private Limited reported revenue of ₹2.32 Lakh (down 80% YoY) for FY 2024.
Revenue · FY 2024
₹2.32 Lakh ▼ 80%
Net loss · FY 2024
₹11.91 Lakh
EBITDA · FY 2024
-₹10.09 Lakh margin -435.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 80%
EBITDA CAGR growth
1 year
▼ 78%
Revenue fell 80% in the latest year. EBITDA fell 78% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | -₹10.09 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹11.91 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -435.2% | ||
| Net Profit Margin | |||
| 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 Cheer Pharmaceutical Private Limited, buy the company report.
Board of directors of Cheer Pharmaceutical Private Limited
Cheer Pharmaceutical has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chiragkumar Rameshchandra Acharya | Director | 18 Aug 2021 | 5 Years 2 Months | Current |
| Ujjawal Rameshchandra Acharya | Director | 18 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Cheer Pharmaceutical Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Wyof India Private Limited | ₹2.33 Lakh (FY 2025) | -25.0% | Hathras, Uttar Pradesh, India | |||
| Shineaz Digital Private Limited | ₹2.32 Lakh (FY 2018) | Kanpur, Uttar Pradesh, India | ||||
| JPRS Medicine Marketing Private Limited | ₹2.32 Lakh (FY 2020) | 7.0% | Varanasi, Uttar Pradesh, India | |||
| Omkaareshwar Impex Private Limited | ₹2.32 Lakh (FY 2016) | 6803.0% | Mumbai, Maharashtra, India | |||
| Savozone Detergent Private Limited | ₹2.32 Lakh (FY 2019) | Kushinagar, Uttar Pradesh, India | ||||
| Cheer Pharmaceutical Private Limitedthis company | ₹2.32 Lakh (FY 2024) | -₹11.91 Lakh | -80.0% | Visnagar, Gujarat, India | ||
| Robson Soap Industries Pvt. Ltd. | ₹2.31 Lakh (FY 2018) | -53.0% | Kolkata, West Bengal, India | |||
| Mushir Alam Perfumes and Cosmetics Private Limited | ₹2.31 Lakh (FY 2022) | -90.0% | New Delhi, Delhi, India | |||
| Hci Agro Products Private Limited | ₹2.3 Lakh (FY 2018) | -14.0% | New Delhi, Delhi, India | |||
| Aycee Healthcare Private Limited | ₹2.3 Lakh (FY 2025) | -18.0% | Bharuch, Gujarat, India | |||
| Kita Pest Control Private Limited | ₹2.29 Lakh (FY 2022) | 508.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Cheer Pharmaceutical Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cheer Pharmaceutical Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cheer Pharmaceutical Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cheer Pharmaceutical Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
Cheer Pharmaceutical has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCC7040G1ZV | Gujarat | Active | 19 Jan 2022 |
To see the full GST registrations and return filing status of Cheer Pharmaceutical Private Limited, buy the company report.
Recent activity
Cheer Pharmaceutical Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Chiragkumar Rameshchandra Acharya was appointed as Director on 18 Aug 2021.
AGM
Cheer Pharmaceutical Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Cheer Pharmaceutical Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Chiragkumar Rameshchandra Acharya was appointed as Director.
Appointed
Ujjawal Rameshchandra Acharya was appointed as Director.
Incorporation
18 Aug 2021
Cheer Pharmaceutical Private Limited was registered on 18 Aug 2021 with Roc Ahmedabad & aged 5 years 2 months as per MCA records.
Frequently asked questions
Cheer Pharmaceutical is an active private limited company based in Visnagar, Gujarat, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 18 August 2021 (5+ years old) and is registered under CIN U24239GJ2021PTC124962.
Cheer Pharmaceutical has 2 current directors:
- Chiragkumar Rameshchandra Acharya - Director
- Ujjawal Rameshchandra Acharya - Director
The latest financial statements of Cheer Pharmaceutical on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Cheer Pharmaceutical is 24AAJCC7040G1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Cheer Pharmaceutical is U24239GJ2021PTC124962. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cheer Pharmaceutical was incorporated on 18 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Cheer Pharmaceutical by revenue are Wyof India Private Limited, Shineaz Digital Private Limited, JPRS Medicine Marketing Private Limited, Omkaareshwar Impex Private Limited, Savozone Detergent Private Limited and 5 more, all in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Chiragkumar Rameshchandra Acharya was appointed as Director on 18 Aug 2021. Ujjawal Rameshchandra Acharya was appointed as Director on 18 Aug 2021.
Yes, Cheer Pharmaceutical is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Cheer Pharmaceutical is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-14-0010864).
The registered office of Cheer Pharmaceutical is at Cheer Pharmaceutical CO Acharya R.C. Kamana Road R.S.No.2623 B758610060, Visnagar, Gujarat, India – 384315.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages