_PRIVATE_LIMITED.webp)
About First Time Us Pharmaceuticals (India) Private Limited
Data last updated:
First Time Us Pharmaceuticals (India) Private Limited is a foreign private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of First Time Us Generics Llc. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 10 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2013FTC244256. Its GSTIN is 27AACCF2726R1Z7 (Maharashtra).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.37 Cr. It is led by directors including Vibhor Shirish Misar and Manesh Ashok Dixit.
Its last annual general meeting (AGM) was held on 30 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 112 Pawane T.T.C Industrial Area M.I.D.C., Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.72 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹1.31 Cr (net margin -12.2%) and EBITDA of -₹1.01 Cr (EBITDA margin -9.4%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 11% over five years.
The company has about 48 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company. The company has 4 deals on record (4 rights issues); the latest was in January 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website firsttimeusgenerics.com.
Company details
Contact details
First Time Us Pharmaceuticals (India) Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is firsttimeusgenerics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 112 Pawane T.T.C Industrial Area M.I.D.C., Navi Mumbai, Maharashtra, India – 400705
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of First Time Us Pharmaceuticals (India) Private Limited, buy the company report.
- 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
Business activity
The main business activity of First Time Us Pharmaceuticals (India) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of First Time Us Pharmaceuticals (India) Private Limited, buy the company report.
Financials of First Time Us Pharmaceuticals (India) Private Limited
FY 2025 filings availableFirst Time Us Pharmaceuticals (India) Private Limited reported revenue of ₹10.72 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 7% growth in the latest year. EBITDA fell 62% 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 | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.31 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.4% | ||||
| Net Profit Margin | -12.2% | ||||
| 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 First Time Us Pharmaceuticals (India) Private Limited, buy the company report.
Board of directors of First Time Us Pharmaceuticals (India) Private Limited
First Time Us Pharmaceuticals (India) has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vibhor Shirish Misar | Director | 18 Dec 2013 | 12 Years 10 Months | Current |
| Manesh Ashok Dixit | Director | 10 Jun 2013 | 13 Years 4 Months | Current |
| Sachin Janardan Bhusari | Nominee Director | 13 Aug 2025 | 1 Years 2 Months | Current |
Auditor
First Time Us Pharmaceuticals (India) Private Limited is audited by KNAV & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KNAV & CO. LLP | FY 2023 | 120458W |
Shareholding
The shareholding of First Time Us Pharmaceuticals (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of First Time Us Pharmaceuticals (India) Private Limited, buy the company report.
Deals & funding
First Time Us Pharmaceuticals (India) Private Limited has 4 deals on record (4 rights issues); the latest was in January 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2019 | Rights issue | ₹1.84 Cr | Investors: First Time US Generics LLC |
| Feb 2017 | Rights issue | ₹2.57 Cr | Investors: First Time US Generics LLC |
| Dec 2015 | Rights issue | ₹71.3 Lakh | Investors: First Time US Generics LLC |
| Mar 2014 | Rights issue | ₹2.76 Cr | Investors: First Time US Generics LLC |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
First Time Us Pharmaceuticals (India) Private Limited has 1 court case on record: 1 filed by First Time Us Pharmaceuticals (India). All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed by the company against an individual | Disposed |
To see the full case history of First Time Us Pharmaceuticals (India) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for First Time Us Pharmaceuticals (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
First Time Us Pharmaceuticals (India) Private Limited has a workforce of 48 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
First Time Us Pharmaceuticals (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF2726R1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of First Time Us Pharmaceuticals (India) Private Limited, buy the company report.
Recent activity
First Time Us Pharmaceuticals (India) Private Limited has 7 board changes on record since 2013: 4 appointments and 3 cessations. The latest: Sachin Janardan Bhusari was appointed as Nominee Director on 13 Aug 2025.
Frequently asked questions
First Time Us Pharmaceuticals (India) is an active foreign private limited company based in Navi Mumbai, Maharashtra, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 10 June 2013 (13+ years old) and is registered under CIN U74999MH2013FTC244256.
First Time Us Pharmaceuticals (India) has 3 current directors:
- Vibhor Shirish Misar - Director
- Manesh Ashok Dixit - Director
- Sachin Janardan Bhusari - Nominee Director
The latest financial statements of First Time Us Pharmaceuticals (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of First Time Us Pharmaceuticals (India) is 27AACCF2726R1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of First Time Us Pharmaceuticals (India) is U74999MH2013FTC244256. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Time Us Pharmaceuticals (India) has 1 court case on record: 1 filed by the company.
First Time Us Pharmaceuticals (India) was incorporated on 10 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
First Time Us Pharmaceuticals (India) has 4 deals on record (4 rights issues); the latest was in January 2019.
Sachin Janardan Bhusari was appointed as Nominee Director on 13 Aug 2025. Priyanka Shirishkumar Misar ceased to be Director on 29 Jul 2025. Ashok Arjun Mhaske ceased to be Additional Director on 30 Sep 2015. First Time Us Pharmaceuticals (India) has 7 board changes on record in total.
First Time Us Pharmaceuticals (India) can be reached through the website firsttimeusgenerics.com. Its registered office is in Navi Mumbai, Maharashtra, India.
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.
