MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-09-0005764
Aan Pharma Pvt Ltd - pharma in Mahemdavad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.4 Cr
▼ 57% YoY
Net loss · FY 2025
₹7.12 Cr
Net margin -162.1%
EBITDA · FY 2025
-₹3.48 Cr
EBITDA margin -79.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹64.8 Lakh
Issued & subscribed
Open charges
₹51.05 Cr
Satisfied ₹20.28 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
28
Provident fund records
About Aan Pharma Pvt Ltd
Data last updated:
Aan Pharma Pvt Ltd is a private limited company based in Mahemdavad, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 07 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1994PTC023223. Its GSTIN is 24AABCA5951E1Z1 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹64.8 Lakh. It is led by directors including Chhayaben Ashwinbhai Shah and Ashwin Narayandas 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 Ls.No.144 – 1/P2 And 144 – 1/P2/P1, Mahemdavad, Gujarat, India – 387110.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.4 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹7.12 Cr (net margin -162.1%) and EBITDA of -₹3.48 Cr (EBITDA margin -79.2%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 17% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aan Pharma. As per MCA filings, the company has open charges of ₹51.05 Cr and satisfied charges of ₹20.28 Cr on record. Court records list 12 cases involving the company, including 12 filed against it; 10 cases are pending.
Aan Pharma Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0005764). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aanpharma.com.
Company details
CIN U24231GJ1994PTC023223
Registration Number 023223
Incorporation Date 07 October 1994
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-09-0005764
Key People
Chhayaben Ashwinbhai Shah Director Ashwin Narayandas Shah Director Maulik Ashwinbhai Shah Director Recognitions & Rankings of Aan Pharma
Contact details
Aan Pharma Pvt Ltd's registered office is in Mahemdavad, Gujarat. Its website is aanpharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLs.No.144 – 1/P2 And 144 – 1/P2/P1, Mahemdavad, Gujarat, India – 387110
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Aan Pharma Pvt Ltd, buy the company report.
Comprehensive company report
Aan Pharma Pvt Ltd - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Aan Pharma operates one associated brand: Aan Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical manufacturing, drug formulations, and quality assurance services in India. | aanpharma.com |
Business activity
The main business activity of Aan 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 Aan Pharma Pvt Ltd, buy the company report.
Financials of Aan Pharma Pvt Ltd
FY 2025 filings availableAan Pharma Pvt Ltd reported revenue of ₹4.4 Cr (down 57% YoY) for FY 2025.
Revenue · FY 2025
₹4.4 Cr ▼ 57%
Net loss · FY 2025
₹7.12 Cr margin -162.1%
EBITDA · FY 2025
-₹3.48 Cr margin -79.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 57%
3 years · compounded
▼ 34%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▼ 286%
3 years · compounded
▼ 73%
5 years · compounded
▼ 43%
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 57% fall in the latest year. EBITDA fell 286% 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 | -₹3.48 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.12 Cr | ||||
| 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 | -79.2% | ||||
| Net Profit Margin | -162.1% | ||||
| 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 Aan Pharma Pvt Ltd, buy the company report.
Board of directors of Aan Pharma Pvt Ltd
Aan Pharma has 3 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 |
|---|---|---|---|---|
| Chhayaben Ashwinbhai Shah | Director | 07 Oct 1994 | 32 Years 1 Months | Current |
| Ashwin Narayandas Shah Also directs: Aan Lifescience Private Limited, Aditri Marketing Private Limited | Director | 07 Oct 1994 | 32 Years 1 Months | Current |
| Maulik Ashwinbhai Shah Also directs: Aan Lifescience Private Limited, Aditri Marketing Private Limited | Director | 15 Dec 2017 | 8 Years 10 Months | Current |
Peer comparison
Aan Pharma Pvt Ltd is compared with the 4 companies closest to it by revenue in the Pharma industry (Formulations), 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 |
|---|---|---|---|---|---|---|
| Pureblue Automotive Solutions Private Limited | ₹4.4 Cr (FY 2025) | -23.0% | Bengaluru, Karnataka, India | |||
| Nvron Life Science Limited | ₹4.4 Cr (FY 2025) | 61.0% | Coimbatore, Tamil Nadu, India | |||
| Aan Pharma Pvt Ltdthis company | ₹4.4 Cr (FY 2025) | -₹7.12 Cr | -162.1% | -57.0% | 28 | Mahemdavad, Gujarat, India |
| Plantgene Biologicals Private Limited | ₹4.39 Cr (FY 2025) | -68.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Cambridge Health Care Limited | ₹4.37 Cr (FY 2025) | -22.0% | Mehsana, Gujarat, India |
To see the full peer comparison of Aan Pharma Pvt Ltd, buy the company report.
Auditor
Aan Pharma Pvt Ltd is audited by Shailesh & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shailesh & Co. | FY 2024 | 114226W |
Shareholding
The shareholding of Aan Pharma Pvt Ltd is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aan Pharma Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹51.05 Cr
Satisfied charges
₹20.28 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Oct 2024 | 101023143 | Sidbi | ₹1 Cr | Open | |
| 04 Jan 2024 | 100845994 | Bank of India | ₹19.74 Cr | Open | |
| 01 Jan 2024 | 100854022 | Hdfc Bank Limited | ₹6.82 Lakh | Open | |
| 29 Nov 2023 | 100845980 | Bank of India | ₹8.3 Cr | Open | |
| 29 Nov 2023 | 100845983 | Bank of India | ₹5 Cr | Open |
To see the full charge records of Aan Pharma Pvt Ltd, buy the company report.
Total charge records: 25 View all charges
Legal cases
Aan Pharma Pvt Ltd has 12 court cases on record: 12 filed against it. 10 cases are pending and 2 are disposed.
Total cases
12
Filed against the company
12
Pending
10
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 10 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Aneta Pharmaceuticals Pvt Ltd | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Nephurocare Pharma Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Shakti Construction Proprietor Parkar Gopalbhai Raval | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed against the company by Union Bank of India Drug Inspector Jeetendra Yadav | Pending |
To see the full case history of Aan Pharma Pvt Ltd, 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 Aan Pharma Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aan Pharma Pvt Ltd has a workforce of 28 employees on its EPFO records as of Feb 17, 2025, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
Employee growth
366.67%
GST
Aan Pharma has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA5951E1Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aan Pharma Pvt Ltd, buy the company report.
Recent activity
Aan Pharma Pvt Ltd has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Maulik Ashwinbhai Shah was appointed as Director on 15 Dec 2017.
AGM
Aan Pharma Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aan Pharma Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Sidbi amounted to Rs. 1.00 Cr with Charge ID 101023143 was registered on 23 Oct 2024.
Charges
A charge registered on 30 Jul 2022 via Charge ID 100634009 with Others was fully satisfied on 18 Jan 2024.
Charges
A charge registered on 24 Apr 2013 via Charge ID 10421614 with Others was fully satisfied on 17 Jan 2024.
Charges
A charge registered on 25 Jun 2020 via Charge ID 100348688 with Others was fully satisfied on 12 Jan 2024.
Charges
A charge registered on 15 May 2019 via Charge ID 100272516 with Others was fully satisfied on 12 Jan 2024.
Charges
A charge with Bank Of India amounted to Rs. 19.74 Cr with Charge ID 100845994 was registered on 04 Jan 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100854022 was registered on 01 Jan 2024.
Charges
A charge registered on 15 Feb 2023 via Charge ID 100681537 with Others was fully satisfied on 01 Jan 2024.
Charges
A charge registered on 15 Jun 2022 via Charge ID 100597592 with Others was fully satisfied on 01 Jan 2024.
Charges
A charge with Bank Of India amounted to Rs. 8.30 Cr with Charge ID 100845980 was registered on 29 Nov 2023.
42 earlier events are in the company report.
Frequently asked questions
Aan Pharma is an active private limited company based in Mahemdavad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 07 October 1994 (32+ years old) and is registered under CIN U24231GJ1994PTC023223.
Aan Pharma has 3 current directors:
- Chhayaben Ashwinbhai Shah - Director
- Ashwin Narayandas Shah - Director
- Maulik Ashwinbhai Shah - Director
The latest financial statements of Aan 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 Aan Pharma is 24AABCA5951E1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Aan Pharma is U24231GJ1994PTC023223. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aan Pharma has 12 court cases on record: 12 filed against it. 10 are pending.
Aan Pharma was incorporated on 07 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Aan Pharma by revenue are Pureblue Automotive Solutions Private Limited, Nvron Life Science Limited, Plantgene Biologicals Private Limited, Cambridge Health Care Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Maulik Ashwinbhai Shah was appointed as Director on 15 Dec 2017. Hiten Rasiklal Shah ceased to be Director on 19 Sep 2012. Ashwin Narayandas Shah was appointed as Director on 07 Oct 1994. Aan Pharma has 4 board changes on record in total.
Yes, Aan Pharma is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-09-0005764).
Aan Pharma can be reached through the website aanpharma.com. Its registered office is in Mahemdavad, Gujarat, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages