Startup India Government of India
Karandikars Pharmachem Private Limited - pharma in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.49 Lakh
▼ 6% YoY
Net loss · FY 2024
₹9.95 Lakh
Net margin -117.2%
EBITDA · FY 2024
-₹6.59 Lakh
EBITDA margin -77.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Karandikars Pharmachem Private Limited
Data last updated:
Karandikars Pharmachem Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 08 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC290922. Its GSTIN is 27AAGCK4825N1Z2 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Satyajit Anand Karandikar and Bhima Yadav Kale.
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 Ttc Industrial Area Pap A – 151 MIDC Mahape, Navi Mumbai, Maharashtra, India – 400710.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.49 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹9.95 Lakh (net margin -117.2%) and EBITDA of -₹6.59 Lakh (EBITDA margin -77.6%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 14% over five years.
Karandikars Pharmachem Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0054313). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kpharmachem.com.
Company details
CIN U74999MH2017PTC290922
Registration Number 290922
Incorporation Date 08 February 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0054313
Recognitions & Rankings of Karandikars Pharmachem
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0054313
Contact details
Karandikars Pharmachem Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is kpharmachem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressTtc Industrial Area Pap A – 151 MIDC Mahape, Navi Mumbai, Maharashtra, India – 400710
- IndustryPharma, API Manufacturers
To see the full contact details of Karandikars Pharmachem Private Limited, buy the company report.
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- Company details, directors and signatories
- Historical financials and ratios
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- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Karandikars Pharmachem 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 Karandikars Pharmachem Private Limited, buy the company report.
Financials of Karandikars Pharmachem Private Limited
FY 2025 filings availableKarandikars Pharmachem Private Limited reported revenue of ₹8.49 Lakh (down 6% YoY) for FY 2024.
Revenue · FY 2024
₹8.49 Lakh ▼ 6%
Net loss · FY 2024
₹9.95 Lakh margin -117.2%
EBITDA · FY 2024
-₹6.59 Lakh margin -77.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 16%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 351%
3 years · compounded
▲ 11%
5 years · compounded
▼ 35%
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 6% fall in the latest year. EBITDA fell 351% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹6.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.95 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 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -77.6% | ||||
| Net Profit Margin | -117.2% | ||||
| 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 Karandikars Pharmachem Private Limited, buy the company report.
Board of directors of Karandikars Pharmachem Private Limited
Karandikars Pharmachem has 2 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 |
|---|---|---|---|---|
| Satyajit Anand Karandikar Also directs: Karandikars Orgochem Private Limited | Director | 08 Feb 2017 | 9 Years 8 Months | Current |
| Bhima Yadav Kale | Director | 30 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Karandikars Pharmachem Private Limited is compared with the 4 companies closest to it by revenue in the Pharma industry (API Manufacturers), with 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 |
|---|---|---|---|---|---|---|
| Glyzy Technologies Private Limited | ₹10.94 Lakh (FY 2025) | -9.0% | Bangalore, Karnataka, India | |||
| Mainavi Pharma Private Limited | ₹9.57 Lakh (FY 2023) | -74.0% | Hyderabad, Telangana, India | |||
| Karandikars Pharmachem Private Limitedthis company | ₹8.49 Lakh (FY 2024) | -₹9.95 Lakh | -117.2% | -6.0% | Navi Mumbai, Maharashtra, India | |
| Richmond Biosciences Private Limited | ₹8.29 Lakh (FY 2022) | -69.0% | Secunderabad, Telangana, India | |||
| Azaricta Research Laboratories Private Limited | ₹7.33 Lakh (FY 2025) | -33.0% | Shrirampur, Maharashtra, India |
To see the full peer comparison of Karandikars Pharmachem Private Limited, buy the company report.
Auditor
Karandikars Pharmachem Private Limited is audited by PRASHANT KADAM & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASHANT KADAM & CO | FY 2022 | 150438W |
Shareholding
The shareholding of Karandikars Pharmachem Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karandikars Pharmachem Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Karandikars Pharmachem 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 Karandikars Pharmachem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karandikars Pharmachem has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCK4825N1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karandikars Pharmachem Private Limited, buy the company report.
Recent activity
Karandikars Pharmachem Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Parnavi Satyajit Karandikar ceased to be Director on 28 Dec 2021.
AGM
Karandikars Pharmachem Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Karandikars Pharmachem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Ceased
Parnavi Satyajit Karandikar ceased to be Director.
Appointed
Bhima Yadav Kale was appointed as Director.
Appointed
Satyajit Anand Karandikar was appointed as Director.
Incorporation
08 Feb 2017
Karandikars Pharmachem Private Limited was registered on 08 Feb 2017 with Roc Mumbai Ii & aged 9 years 8 months as per MCA records.
Frequently asked questions
Karandikars Pharmachem is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 08 February 2017 (9+ years old) and is registered under CIN U74999MH2017PTC290922.
Karandikars Pharmachem has 2 current directors:
- Satyajit Anand Karandikar - Director
- Bhima Yadav Kale - Director
The latest financial statements of Karandikars Pharmachem 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 2017 are in the company report.
The GSTIN of Karandikars Pharmachem is 27AAGCK4825N1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Karandikars Pharmachem is U74999MH2017PTC290922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karandikars Pharmachem was incorporated on 08 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Karandikars Pharmachem by revenue are Glyzy Technologies Private Limited, Mainavi Pharma Private Limited, Richmond Biosciences Private Limited, Azaricta Research Laboratories Private Limited, all in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Parnavi Satyajit Karandikar ceased to be Director on 28 Dec 2021. Bhima Yadav Kale was appointed as Director on 30 May 2017. Satyajit Anand Karandikar was appointed as Director on 08 Feb 2017.
Yes, Karandikars Pharmachem is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Karandikars Pharmachem is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0054313).
Karandikars Pharmachem can be reached through the website kpharmachem.com. Its registered office is in Navi Mumbai, Maharashtra, India.
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