MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0055240
Evagrace Pharma Private Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.65 Cr
▲ 37% YoY
Net profit · FY 2025
₹28.51 Lakh
Net margin 6.1%
EBITDA · FY 2025
₹42.44 Lakh
EBITDA margin 9.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
11
Provident fund records
Directors on board
6
As per MCA filings
About Evagrace Pharma Private Limited
Data last updated:
Evagrace Pharma Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Medico Intercontinental Limited. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 30 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2018PTC105415. Its GSTIN is 24AAFCE2810E1Z9 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Samir Dilipkumar Shah and Yogendra Guddubhai Rathod.
Its last annual general meeting (AGM) was held on 13 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Go No. 9 Madhav Estate Village: Aslali Taluka: Daskroli, Ahmedabad, Gujarat, India – 382427.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.65 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹28.51 Lakh (net margin 6.1%) and EBITDA of ₹42.44 Lakh (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 12% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Evagrace Pharma.
Evagrace Pharma Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0055240). For more details, the company can be reached via its website evagracepharma.com.
Company details
CIN U51909GJ2018PTC105415
Registration Number 105415
Incorporation Date 30 November 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 13 June 2025
Date of Balance Sheet 31 March 2025
Parent Company Medico Intercontinental Limited
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0055240
Key People
Samir Dilipkumar Shah Director Yogendra Guddubhai Rathod Director Krushant Chandrakant Parekh Director Recognitions & Rankings of Evagrace Pharma
Contact details
Evagrace Pharma Private Limited's registered office is in Ahmedabad, Gujarat. Its website is evagracepharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGo No. 9 Madhav Estate Village: Aslali Taluka: Daskroli, Ahmedabad, Gujarat, India – 382427
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Evagrace Pharma Private Limited, buy the company report.
Comprehensive company report
Evagrace Pharma 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
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Brands
Evagrace Pharma operates one associated brand: Evagrace Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical manufacturing and distribution of formulations including tablets, capsules, and injectables in India. | evagracepharma.com |
Business activity
The main business activity of Evagrace Pharma is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Evagrace Pharma Private Limited, buy the company report.
Financials of Evagrace Pharma Private Limited
FY 2025 filings availableEvagrace Pharma Private Limited reported revenue of ₹4.65 Cr (up 37% YoY) for FY 2025.
Revenue · FY 2025
₹4.65 Cr ▲ 37%
Net profit · FY 2025
₹28.51 Lakh margin 6.1%
EBITDA · FY 2025
₹42.44 Lakh margin 9.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 48%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 65%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 37% growth in the latest year. EBITDA rose 44% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹4.65 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹42.44 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.51 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.1% | ||||
| Net Profit Margin | 6.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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To see the full financial statements and ratios of Evagrace Pharma Private Limited, buy the company report.
Board of directors of Evagrace Pharma Private Limited
Evagrace Pharma has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samir Dilipkumar Shah | Director | 12 Nov 2021 | 4 Years 11 Months | Current |
| Yogendra Guddubhai Rathod | Director | 17 Jul 2023 | 3 Years 3 Months | Current |
| Krushant Chandrakant Parekh Also directs: Motherbaby Women's & Children Hospital LLP | Director | 17 Jul 2023 | 3 Years 3 Months | Current |
| Pavankumar Rambaran Varma | Director | 17 Jul 2023 | 3 Years 3 Months | Current |
| Ronak Ketankumar Shah Also directs: Sungrace Pharma Private Limited | Director | 30 Nov 2018 | 7 Years 10 Months | Current |
| Khushboo Shah | Director | 30 Nov 2018 | 7 Years 10 Months | Current |
Auditor
Evagrace Pharma Private Limited is audited by B H MANGAROLIA & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B H MANGAROLIA & CO. | FY 2024 | 105972W |
Shareholding
The shareholding of Evagrace Pharma Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Evagrace Pharma Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Evagrace Pharma 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
Evagrace Pharma Private Limited has 8 MSME Form 1 returns on record between 2019 and 2024, listing 637 overdue payments to 24 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Oxford Pharma | |||
| Regency Health Care | |||
| Phaedrus Life Science Private Limited | |||
| Medico Intercontinental Limited | |||
| Altop Labs India Private Limited |
To see the full MSME payment records of Evagrace Pharma Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Evagrace Pharma Private Limited has a workforce of 11 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
11
Active EPFO establishments
1
Employee growth
-38.89%
GST
Evagrace Pharma has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCE2810E1Z9 | Gujarat | Active | 15 Dec 2018 |
To see the full GST registrations and return filing status of Evagrace Pharma Private Limited, buy the company report.
Recent activity
Evagrace Pharma Private Limited has 7 board changes on record since 2018: 6 appointments and 1 cessation. The latest: Krushant Chandrakant Parekh was appointed as Director on 17 Jul 2023.
AGM
Evagrace Pharma Private Limited last Annual general meeting of members was held on 13 Jun 2025 as per latest MCA records.
Filing
Evagrace Pharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Krushant Chandrakant Parekh was appointed as Director.
Appointed
Pavankumar Rambaran Varma was appointed as Director.
Appointed
Yogendra Guddubhai Rathod was appointed as Director.
Ceased
Samir Dilipkumar Shah ceased to be Additional Director.
Appointed
Samir Dilipkumar Shah was appointed as Director.
Appointed
Khushboo Shah was appointed as Director.
Appointed
Ronak Ketankumar Shah was appointed as Director.
Incorporation
30 Nov 2018
Evagrace Pharma Private Limited was registered on 30 Nov 2018 with Roc Ahmedabad & aged 7 years 10 months as per MCA records.
Frequently asked questions
Evagrace Pharma is an active private limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 30 November 2018 (8+ years old) and is registered under CIN U51909GJ2018PTC105415.
Evagrace Pharma has 6 current directors:
- Samir Dilipkumar Shah - Director
- Yogendra Guddubhai Rathod - Director
- Krushant Chandrakant Parekh - Director
- Pavankumar Rambaran Varma - Director
- Ronak Ketankumar Shah - Director
- Khushboo Shah - Director
The latest financial statements of Evagrace Pharma on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 13 June 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Evagrace Pharma is 24AAFCE2810E1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Evagrace Pharma is U51909GJ2018PTC105415. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evagrace Pharma was incorporated on 30 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Krushant Chandrakant Parekh was appointed as Director on 17 Jul 2023. Pavankumar Rambaran Varma was appointed as Director on 17 Jul 2023. Yogendra Guddubhai Rathod was appointed as Director on 17 Jul 2023. Evagrace Pharma has 7 board changes on record in total.
Yes, Evagrace Pharma is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0055240).
Evagrace Pharma has 8 MSME Form 1 returns on record between 2019 and 2024, listing 637 overdue payments to 24 micro and small suppliers. The latest return was filed on 08 Apr 2024.
Evagrace Pharma can be reached through the website evagracepharma.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Evagrace Pharma is at Go No. 9 Madhav Estate Village: Aslali Taluka: Daskroli, Ahmedabad, Gujarat, India – 382427.