MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0130564
Truecos Pharmaceutical Private Limited
Truecos Pharmaceutical Private Limited - pharma in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
Revenue · FY 2024
₹34.02 Lakh
▲ 29% YoY
Net profit · FY 2024
₹8,280
Net margin 0.2%
EBITDA · FY 2024
₹53,720
EBITDA margin 1.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Last financials
Mar 2024
Balance sheet date
About Truecos Pharmaceutical Private Limited
Data last updated:
Truecos Pharmaceutical Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 16 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24304GJ2019PTC110335.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sukhiben Karashanbhai Chaudhary and Bharatbhai Vajabhai Chaudhary.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at E1/303 Dev Krupa – 1 Opp. Amantran Bunglows Nicol, Ahmedabad, Gujarat, India – 382350.
As per the financials filed for FY 2024, the company reported a revenue of ₹34.02 Lakh, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹8,280 (net margin 0.2%) and EBITDA of ₹53,720 (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years.
Truecos Pharmaceutical Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0130564).
Company details
CIN U24304GJ2019PTC110335
Registration Number 110335
Incorporation Date 16 October 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0130564
Recognitions & Rankings of Truecos Pharmaceutical
Contact details
Truecos Pharmaceutical Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered AddressE1/303 Dev Krupa – 1 Opp. Amantran Bunglows Nicol, Ahmedabad, Gujarat, India – 382350
- IndustryPharma, Pharmaceutical Retailers & Distributors
Comprehensive company report
Truecos Pharmaceutical Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Truecos Pharmaceutical 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 Truecos Pharmaceutical Private Limited, buy the company report.
Financials of Truecos Pharmaceutical Private Limited
FY 2024 filings availableTruecos Pharmaceutical Private Limited reported revenue of ₹34.02 Lakh (up 29% YoY) for FY 2024.
Revenue · FY 2024
₹34.02 Lakh ▲ 29%
Net profit · FY 2024
₹8,280 margin 0.2%
EBITDA · FY 2024
₹53,720 margin 1.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 63%
EBITDA CAGR growth
1 year
▲ 80%
3 years · compounded
▲ 112%
Revenue has grown at a compounded annual rate (CAGR) of 63% over three years, including 29% growth in the latest year. EBITDA rose 80% 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 |
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| EBITDA | ₹53,720 | ||||
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| Net Profit (PAT) | ₹8,280 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Truecos Pharmaceutical Private Limited, buy the company report.
Board of directors of Truecos Pharmaceutical Private Limited
Truecos Pharmaceutical has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sukhiben Karashanbhai Chaudhary Also directs: Prahan Lab Private Limited | Director | 16 Oct 2019 | 7 Years 0 Months | Current |
| Bharatbhai Vajabhai Chaudhary Also directs: Kridhav Industries Private Limited, Prahan Lab Private Limited | Director | 16 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Truecos Pharmaceutical Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Dr.Stanley Jones Siddha Pharmacy Private Limited | ₹34.08 Lakh (FY 2025) | -19.0% | Thiruvananthapuram, Kerala, India | |||
| Tlabs Pharma Private Limited | ₹34.08 Lakh (FY 2024) | -12.0% | Mumbai, Maharashtra, India | |||
| Skyway Coatings India Private Limited | ₹34.07 Lakh (FY 2024) | -24.0% | Nolambur, Mugapair, Chennai, Tamil Nadu, India | |||
| Zeylanica Pharmaceuticals Private Limited | ₹34.05 Lakh (FY 2025) | 9.0% | Vadodara, Gujarat, India | |||
| Hasjis Healthcare Private Limited | ₹34.05 Lakh (FY 2025) | 7.0% | Jaipur, Rajasthan, India | |||
| Truecos Pharmaceutical Private Limitedthis company | ₹34.02 Lakh (FY 2024) | ₹8,280 | 0.2% | 29.0% | Ahmedabad, Gujarat, India | |
| Troica Pigments Private Limited | ₹34.01 Lakh (FY 2021) | -47.0% | Delhi, India | |||
| Symbicure Pharmaceuticals Private Limited | ₹33.99 Lakh (FY 2024) | 41.0% | Vadodara, Gujarat, India | |||
| DMVM Drugs Private Limited | ₹33.98 Lakh (FY 2025) | 2420.0% | Delhi, India | |||
| Pentagon Lifesciences (OPC) Private Limited | ₹33.97 Lakh (FY 2024) | 25.0% | Mallathalli, Karnataka, India | |||
| Nirmiti Healthcare Private Limited | ₹33.96 Lakh (FY 2021) | Pune, Maharashtra, India |
To see the full peer comparison of Truecos Pharmaceutical Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Truecos Pharmaceutical 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 Truecos Pharmaceutical Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Truecos Pharmaceutical Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Truecos Pharmaceutical Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Bharatbhai Vajabhai Chaudhary was appointed as Director on 16 Oct 2019.
AGM
Truecos Pharmaceutical Private Limited last Annual general meeting of members was held on 31 Dec 2024 as per latest MCA records.
Filing
Truecos Pharmaceutical Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Bharatbhai Vajabhai Chaudhary was appointed as Director.
Appointed
Sukhiben Karashanbhai Chaudhary was appointed as Director.
Incorporation
16 Oct 2019
Truecos Pharmaceutical Private Limited was registered on 16 Oct 2019 with Roc Ahmedabad & aged 7 years 18 days as per MCA records.
Frequently asked questions
Truecos Pharmaceutical is an active private limited company based in Ahmedabad, Gujarat, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 16 October 2019 (7+ years old) and is registered under CIN U24304GJ2019PTC110335.
Truecos Pharmaceutical has 2 current directors:
- Sukhiben Karashanbhai Chaudhary - Director
- Bharatbhai Vajabhai Chaudhary - Director
The latest financial statements of Truecos Pharmaceutical on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Truecos Pharmaceutical is U24304GJ2019PTC110335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Truecos Pharmaceutical was incorporated on 16 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Truecos Pharmaceutical by revenue are Dr.Stanley Jones Siddha Pharmacy Private Limited, Tlabs Pharma Private Limited, Skyway Coatings India Private Limited, Zeylanica Pharmaceuticals Private Limited, Hasjis Healthcare Private Limited and 5 more, all in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Bharatbhai Vajabhai Chaudhary was appointed as Director on 16 Oct 2019. Sukhiben Karashanbhai Chaudhary was appointed as Director on 16 Oct 2019.
Yes, Truecos Pharmaceutical is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0130564).
The registered office of Truecos Pharmaceutical is at E1303 Dev Krupa – 1 Opp. Amantran Bunglows Nicol, Ahmedabad, Gujarat, India – 382350.
Truecos Pharmaceutical operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
Truecos Pharmaceutical can be reached at its registered office: E1303 Dev Krupa – 1 Opp. Amantran Bunglows Nicol, Ahmedabad, Gujarat, India – 382350.
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