Forthright Pharmaceuticals Private Limited
About Forthright Pharmaceuticals Private Limited
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Forthright Pharmaceuticals Private Limited is a private limited company based in Kalaamb, Himachal Pradesh, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 09 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U51909HP2021PTC008809. Its GSTIN is 02AAECF7178B1ZY (Himachal Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Madhav Khaneja and Baldev Raj.
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 C/O Candour Pharmaceuticals Suketi Road Mauza Ogli Kk – 32/36 Khasra934/726/182/86, Kalaamb, Himachal Pradesh, India – 173030.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.3 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net profit of ₹618 (net margin 0%) and EBITDA of ₹35,326 (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years.
Company details
Contact details
Forthright Pharmaceuticals Private Limited's registered office is in Kalaamb, Himachal Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Candour Pharmaceuticals Suketi Road Mauza Ogli Kk – 32/36 Khasra934/726/182/86, Kalaamb, Himachal Pradesh, India – 173030
- IndustryTrading, Wholesale, Other Wholesale
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- 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 Forthright Pharmaceuticals is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Forthright Pharmaceuticals Private Limited, buy the company report.
Financials of Forthright Pharmaceuticals Private Limited
FY 2025 filings availableForthright Pharmaceuticals Private Limited reported revenue of ₹20.3 Lakh (down 68% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 52% over three years, including a 68% fall in the latest year. EBITDA fell 14% 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 |
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| EBITDA | ₹35,326 | |||
| Profit Before Tax | ||||
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| Net Profit (PAT) | ₹618 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.7% | |||
| Net Profit Margin | 0% | |||
| Return on Equity (ROE) | ||||
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| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Forthright Pharmaceuticals Private Limited, buy the company report.
Board of directors of Forthright Pharmaceuticals Private Limited
Forthright Pharmaceuticals has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhav Khaneja Also directs: Studio Timeless Fitness LLP | Director | 09 Sep 2021 | 5 Years 1 Months | Current |
| Baldev Raj Also directs: Studio Timeless Fitness LLP | Director | 09 Sep 2021 | 5 Years 1 Months | Current |
Auditor
Forthright Pharmaceuticals Private Limited is audited by SUMIT AGGARWAL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUMIT AGGARWAL & ASSOCIATES | FY 2022 | 022474N |
Shareholding
The shareholding of Forthright Pharmaceuticals Private Limited is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Forthright Pharmaceuticals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Forthright Pharmaceuticals 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 Forthright Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Forthright Pharmaceuticals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAECF7178B1ZY | Himachal Pradesh | Active | 13 Oct 2021 |
To see the full GST registrations and return filing status of Forthright Pharmaceuticals Private Limited, buy the company report.
Recent activity
Forthright Pharmaceuticals Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Baldev Raj was appointed as Director on 09 Sep 2021.
Frequently asked questions
Forthright Pharmaceuticals is an active private limited company based in Kalaamb, Himachal Pradesh, India. The company works in wholesale, within the trading industry. It was incorporated on 09 September 2021 (5+ years old) and is registered under CIN U51909HP2021PTC008809.
Forthright Pharmaceuticals has 2 current directors:
- Madhav Khaneja - Director
- Baldev Raj - Director
The latest financial statements of Forthright Pharmaceuticals 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 Forthright Pharmaceuticals is 02AAECF7178B1ZY, registered in Himachal Pradesh.
The CIN (Corporate Identification Number) of Forthright Pharmaceuticals is U51909HP2021PTC008809. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forthright Pharmaceuticals was incorporated on 09 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
Baldev Raj was appointed as Director on 09 Sep 2021. Madhav Khaneja was appointed as Director on 09 Sep 2021.
The registered office of Forthright Pharmaceuticals is at CO Candour Pharmaceuticals Suketi Road Mauza Ogli Kk – 3236 Khasra93472618286, Kalaamb, Himachal Pradesh, India – 173030.
Forthright Pharmaceuticals operates in the trading industry, in the wholesale segment.
Forthright Pharmaceuticals can be reached at its registered office: CO Candour Pharmaceuticals Suketi Road Mauza Ogli Kk – 3236 Khasra93472618286, Kalaamb, Himachal Pradesh, India – 173030.
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