- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0073189

Spa Pharma Private Limited
About Spa Pharma Private Limited
Data last updated:
Spa Pharma Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 25 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2010PTC059994. Its GSTIN is 24AAOCS0134J1ZE (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 Vikas Manekchand Soni and Bhushan Pramodbhai Doshi.
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 – 10 Pallav Park Society B/H Bright School Vip Road, Vadodara, Gujarat, India – 390018.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.1 Lakh, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹51,841 (net margin 1%) and EBITDA of ₹51,841 (EBITDA margin 1%).
Spa Pharma Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0073189). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Spa Pharma
Contact details
Spa Pharma Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressC – 10 Pallav Park Society B/H Bright School Vip Road, Vadodara, Gujarat, India – 390018
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Spa Pharma 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 Spa Pharma 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 Spa Pharma Private Limited, buy the company report.
Financials of Spa Pharma Private Limited
FY 2025 filings availableSpa Pharma Private Limited reported revenue of ₹53.1 Lakh (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 24% in the latest year. EBITDA rose 45% 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 | ₹51,841 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹51,841 | ||||
| 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 | 1% | ||||
| Net Profit Margin | 1% | ||||
| 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 Spa Pharma Private Limited, buy the company report.
Board of directors of Spa Pharma Private Limited
Spa Pharma has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Manekchand Soni | Director | 31 Dec 2020 | 5 Years 10 Months | Current |
| Bhushan Pramodbhai Doshi | Director | 31 Dec 2020 | 5 Years 10 Months | Current |
| Shilpankumar Jashbhai Patel Also directs: Sanjivani Medicines Private Limited | Director | 25 Mar 2010 | 16 Years 7 Months | Current |
| Hetalkumar Ashokkumar Shah Also directs: Asmee Pharma Private Limited, Asknr Enterprises Private Limited | Director | 31 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Spa Pharma Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), 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 |
|---|---|---|---|---|---|---|
| Skifac Private Limited | ₹54.17 Lakh (FY 2025) | 301.0% | Ludhiana, Punjab, India | |||
| Bchemix Private Limited | ₹53.87 Lakh (FY 2025) | 176.0% | Chennai, Tamil Nadu, India | |||
| Spa Pharma Private Limitedthis company | ₹53.1 Lakh (FY 2025) | ₹51,841 | 1% | 24.0% | Vadodara, Gujarat, India | |
| Sai Chhaya Enterprises Private Limited | ₹52.69 Lakh (FY 2025) | 2.0% | Ulhasnagar, Maharashtra, India | |||
| Chem-Needs (India) Private Limited | ₹52.67 Lakh (FY 2025) | 666.0% | Chennai, Tamil Nadu, India | |||
| Alpinia Biopharma Reema Private Limited | ₹52.59 Lakh (FY 2025) | 62.0% | Delhi, India |
To see the full peer comparison of Spa Pharma Private Limited, buy the company report.
Auditor
Spa Pharma Private Limited is audited by Y K SHAH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y K SHAH & CO | FY 2021 | 116821W |
Shareholding
The shareholding of Spa Pharma Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Spa Pharma Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Spa 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
No delayed payments to MSME suppliers are on our record for Spa Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spa Pharma has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCS0134J1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spa Pharma Private Limited, buy the company report.
Recent activity
Spa Pharma Private Limited has 5 board changes on record since 2010: 4 appointments and 1 cessation. The latest: Bhushan Pramodbhai Doshi was appointed as Director on 31 Dec 2020.
Frequently asked questions
Spa Pharma is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 25 March 2010 (16+ years old) and is registered under CIN U24100GJ2010PTC059994.
Spa Pharma has 4 current directors:
- Vikas Manekchand Soni - Director
- Bhushan Pramodbhai Doshi - Director
- Shilpankumar Jashbhai Patel - Director
- Hetalkumar Ashokkumar Shah - Director
The latest financial statements of Spa Pharma 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 2015 are in the company report.
The GSTIN of Spa Pharma is 24AAOCS0134J1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Spa Pharma is U24100GJ2010PTC059994. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spa Pharma was incorporated on 25 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Spa Pharma by revenue are Skifac Private Limited, Bchemix Private Limited, Sai Chhaya Enterprises Private Limited, Chem-Needs (India) Private Limited, Alpinia Biopharma Reema Private Limited, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Bhushan Pramodbhai Doshi was appointed as Director on 31 Dec 2020. Hetalkumar Ashokkumar Shah was appointed as Director on 31 Dec 2020. Nimeshkumar Jashubhai Patel ceased to be Director on 31 Dec 2020. Spa Pharma has 5 board changes on record in total.
Yes, Spa Pharma is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0073189).
The registered office of Spa Pharma is at C – 10 Pallav Park Society BH Bright School Vip Road, Vadodara, Gujarat, India – 390018.
Spa Pharma operates in the chemicals and materials industry, in the industrial chemicals segment.

