
About Titan Bioscience Private Limited
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Titan Bioscience Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 13 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24239GJ2008PTC052906. Its GSTIN is 24AALCS9450Q1ZI (Gujarat).
The company has an authorised share capital of ₹24.9 Lakh and a paid-up capital of ₹24.9 Lakh. It was formerly known as Subhrek Pharmaceuticals Private Limited. It is led by directors including Himanshu Kalidas Parmar and Yatra Sagar Shah.
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 Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.46 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹26,224 (net margin -0.4%) and EBITDA of ₹3.2 Lakh (EBITDA margin 5%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 20% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Titan Bioscience. Court records list 7 cases involving the company, including 4 filed by the company and 2 filed against it; 1 case is 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 titanbioscience.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressBh Patel Road Ways, Dasharath, Vadodara, Gujarat, India – 391740
- IndustryPharma, Drug Formulation & Development
- 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
- One PDF report, delivered after checkout
Business Activity of Titan Bioscience Private Limited
The main business activity of Titan Bioscience is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Titan Bioscience Private Limited FY 2025 filings available
Titan Bioscience Private Limited reported revenue of ₹64.46 Lakh (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Titan Bioscience Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 4% fall in the latest year. EBITDA rose 124% 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 of Titan Bioscience Private Limited
| 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 | ₹3.2 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹26,224 | •••• | •••• | •••• | •••• |
| 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 of Titan Bioscience Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Titan Bioscience are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Titan Bioscience Private Limited
Titan Bioscience Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Varick Remedies Private Limited | ₹64.74 Lakh (FY 2018) | •••• | •••• | 43.0% | •••• | Secunderabad, Telangana, India |
| Beopt Biotech Private Limited | ₹64.64 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | Patna, Bihar, India |
| Viswasoorya Pharmaceuticals Private Limited | ₹64.59 Lakh (FY 2025) | •••• | •••• | 91.0% | •••• | Chennai, Tamil Nadu, India |
| Medomed Life Science Private Limited | ₹64.57 Lakh (FY 2025) | •••• | •••• | -27.0% | •••• | Kollam, Kerala, India |
| Teyot Healthcare Private Limited | ₹64.52 Lakh (FY 2024) | •••• | •••• | 12.0% | •••• | Melmuri, Kerala, India |
| Titan Bioscience Private Limited this company | ₹64.46 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Vadodara, Gujarat, India |
| CH Life Science Private Limited | ₹64.41 Lakh (FY 2024) | •••• | •••• | -2.0% | •••• | Banglore, Karnataka, India |
| Healthyline Lifesciences Private Limited | ₹64.33 Lakh (FY 2025) | •••• | •••• | -69.0% | •••• | Delhi, India |
| Laennec Bioscience Private Limited | ₹64.3 Lakh (FY 2024) | •••• | •••• | 153.0% | •••• | 600079, Tamil Nadu, India |
| Sanjeevani Bio-Tech Private Limited | ₹64.21 Lakh (FY 2025) | •••• | •••• | 30.0% | •••• | Ahmedabad, Gujarat, India |
| Dheeraj Associates Private Limited | ₹64.2 Lakh (FY 2024) | •••• | •••• | -65.0% | •••• | Dhanbad, Jharkhand, India |
Peers are the five companies nearest above and the five nearest below Titan Bioscience by revenue in the Pharma industry (Formulations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Titan Bioscience Private Limited
Titan Bioscience Private Limited is audited by NIRAJ GANGWANI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIRAJ GANGWANI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Titan Bioscience Private Limited
Titan Bioscience has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Kalidas Parmar Also directs: Arka Solar and Climate Resilient Energies LLP | Director | 24 Jan 2022 | 4 Years 8 Months | Current |
| Yatra Sagar Shah | Director | 24 Jun 2022 | 4 Years 3 Months | Current |
| Kamlesh Pranlal Shah Also directs: Abundance Naturecare Privete Limited | Director | 13 Feb 2008 | 18 Years 7 Months | Current |
Ownership and Shareholding of Titan Bioscience Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Titan Bioscience Private Limited
Titan Bioscience Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Titan Bioscience Private Limited
Titan Bioscience Private Limited has 7 court cases on record: 4 filed by Titan Bioscience, 2 filed against it, 1 where it is another party. 1 case is pending and 6 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (RECO33C1-LC) | Filed against the company by an individual | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Vadodara, Gujarat | Court case (CR EN) | Filed by the company against an individual | Disposed |
| District court, Vadodara, Gujarat | Court case (CR EN) | Filed by the company against an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Disposed |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Titan Bioscience Private Limited
Titan Bioscience Private Limited has 8 MSME Form 1 returns on record between 2019 and 2022, listing 62 overdue payments to 17 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Linea Healthcare | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Riverprint World | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Titan Nutra | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Titan Bioscience Private Limited
Titan Bioscience operates one associated brand: Titan Bioscience. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of nutritional supplements and pharmaceuticals | titanbioscience.com |
Employees and EPFO Compliance at Titan Bioscience Private Limited
Titan Bioscience Private Limited has a workforce of 3 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Titan Bioscience Private Limited
Titan Bioscience Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Yatra Sagar Shah ceased to be Director on 01 Jan 2026.
Credit Ratings, Litigation & Regulatory Alerts for Titan Bioscience Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Titan Bioscience Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Titan Bioscience Private Limited
Titan Bioscience has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCS9450Q1ZI | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Titan Bioscience Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Titan Bioscience Private Limited
Titan Bioscience is an active private limited company based in Vadodara, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 13 February 2008 (18+ years old) and is registered under CIN U24239GJ2008PTC052906.
Titan Bioscience reported revenue of ₹64.46 Lakh for FY 2025 (down 4% YoY).
Titan Bioscience has 3 current directors:
- Himanshu Kalidas Parmar - Director
- Yatra Sagar Shah - Director
- Kamlesh Pranlal Shah - Director
Titan Bioscience reported a net loss of ₹26,224 (net margin -0.4%) and EBITDA of ₹3.2 Lakh (EBITDA margin 5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Titan Bioscience is -25% over three years and -20% over five years. In the latest year (FY 2025) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Titan Bioscience is 24AALCS9450Q1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Titan Bioscience is U24239GJ2008PTC052906. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Titan Bioscience has 7 court cases on record: 4 filed by the company and 2 filed against it. 1 is pending.
Titan Bioscience was incorporated on 13 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Titan Bioscience by revenue are Varick Remedies Private Limited, Beopt Biotech Private Limited, Viswasoorya Pharmaceuticals Private Limited, Medomed Life Science Private Limited, Teyot Healthcare Private Limited and 5 more, all in the Pharma industry (Formulations).
Yatra Sagar Shah ceased to be Director on 01 Jan 2026. Yatra Sagar Shah was appointed as Director on 24 Jun 2022. Himanshu Kalidas Parmar was appointed as Director on 24 Jan 2022. Titan Bioscience has 5 board changes on record in total.
Titan Bioscience has 8 MSME Form 1 returns on record between 2019 and 2022, listing 62 overdue payments to 17 micro and small suppliers. The latest return was filed on 29 Apr 2022.