
About Marigold Pharmaceuticals Private Limited
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Marigold Pharmaceuticals Private Limited is a private limited company based in Solapur, Maharashtra, India. It operates in the manufacturing segment of the chemicals sector. It was incorporated on 21 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24231PN2010PTC136126. Its GSTIN is 27AAGCM4869E1Z7 (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Shivabai Chandrasen Chandwad and Bhagirathibai Chandwad Babasaheb.
Its last annual general meeting (AGM) was held on 26 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. C – 23 MIDC Chincholi Kati, Solapur, Maharashtra, India – 413255.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.45 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹29,922 (net margin 0.6%) and EBITDA of ₹2.01 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 12% over five years.
Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marigoldpharma.com.
Company details
Contact details
Marigold Pharmaceuticals Private Limited's registered office is in Solapur, Maharashtra. Its website is marigoldpharma.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. C – 23 MIDC Chincholi Kati, Solapur, Maharashtra, India – 413255
- IndustryChemicals, Manufacturing, Pharmaceutical Chemical, Other Chemical Product
To see the full contact details of Marigold Pharmaceuticals 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 Marigold Pharmaceuticals is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Marigold Pharmaceuticals Private Limited, buy the company report.
Financials of Marigold Pharmaceuticals Private Limited
FY 2025 filings availableMarigold Pharmaceuticals Private Limited reported revenue of ₹51.45 Lakh (down 40% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 40% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 84% 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 |
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| EBITDA | ₹2.01 Lakh | ||||
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| Net Profit (PAT) | ₹29,922 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Marigold Pharmaceuticals Private Limited, buy the company report.
Board of directors of Marigold Pharmaceuticals Private Limited
Marigold Pharmaceuticals has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivabai Chandrasen Chandwad Also directs: Marigold Wellness Private Limited | Director | 07 May 2014 | 12 Years 5 Months | Current |
| Bhagirathibai Chandwad Babasaheb Also directs: Marigold Wellness Private Limited | Director | 23 Apr 2019 | 7 Years 6 Months | Current |
Legal cases
Marigold Pharmaceuticals Private Limited has 4 court cases on record: 2 filed by Marigold Pharmaceuticals, 2 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Maharashtra State Electricity Distribution Co. Ltd. | Pending |
| Bombay High Court | Court case (CAW) | Filed by the company against The Executive Engineer the Mah. State Electricity Distribution Co. Ltd. | Pending |
| Bombay High Court | Writ petition | Filed against the company by Maharashtra State Electricity Distribution Co. Ltd. | Disposed |
| Bombay High Court | Court case (CAW) | Filed by the company against The Executive Engineer the Mah. State Electricity Distribution Co. Ltd. | Disposed |
To see the full case history of Marigold Pharmaceuticals 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 Marigold Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Marigold Pharmaceuticals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCM4869E1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Marigold Pharmaceuticals Private Limited, buy the company report.
Recent activity
Marigold Pharmaceuticals Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Bhagirathibai Chandwad Babasaheb was appointed as Director on 23 Apr 2019.
Frequently asked questions
Marigold Pharmaceuticals is an active private limited company based in Solapur, Maharashtra, India. The company works in manufacturing, within the chemicals industry. It was incorporated on 21 April 2010 (16+ years old) and is registered under CIN U24231PN2010PTC136126.
Marigold Pharmaceuticals has 2 current directors:
- Shivabai Chandrasen Chandwad - Director
- Bhagirathibai Chandwad Babasaheb - Director
The latest financial statements of Marigold Pharmaceuticals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 November 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Marigold Pharmaceuticals is 27AAGCM4869E1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Marigold Pharmaceuticals is U24231PN2010PTC136126. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Marigold Pharmaceuticals has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending.
Marigold Pharmaceuticals was incorporated on 21 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
Bhagirathibai Chandwad Babasaheb was appointed as Director on 23 Apr 2019. Ramchandra Dattatray Momale ceased to be Director on 23 Apr 2019. Sanjay Balasaheb Bansode ceased to be Director on 15 Nov 2017. Marigold Pharmaceuticals has 6 board changes on record in total.
Marigold Pharmaceuticals can be reached through the website marigoldpharma.com. Its registered office is in Solapur, Maharashtra, India.
The registered office of Marigold Pharmaceuticals is at Plot No. C – 23 MIDC Chincholi Kati, Solapur, Maharashtra, India – 413255.

