Absolute Remedies Limited - healthcare in Chandigarh, India. FY 2026 financials & compliance.
CIN U24230CH2022PLC044298 Incorporated 08 April 2022 ROC Chandigarh HQ Chandigarh, India
Active Public Limited Company healthcare MSME
Data last updated
Revenue · FY 2024
₹22.08 Cr
▲ 326% YoY
Net profit · FY 2024
₹25.22 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹45.54 Lakh
EBITDA margin 2.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.56 Cr
Issued & subscribed
Open charges
₹5 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings

About Absolute Remedies Limited

Data last updated:

Absolute Remedies Limited is a public limited company based in Chandigarh, India. It operates in the alternative and holistic medicine segment of the healthcare sector. It was incorporated on 08 April 2022.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24230CH2022PLC044298. Its GSTIN is 02AAWCA7989D1Z6 (Himachal Pradesh).

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.56 Cr. It is led by directors including Gurpreet Singh and Ashok Kumar Jha.

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 S.C.O. 40 2nd Floor Sector 31D, Chandigarh, India – 160030.

As per the financials filed for FY 2024, the company reported a revenue of ₹22.08 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹25.22 Lakh (net margin 1.1%) and EBITDA of ₹45.54 Lakh (EBITDA margin 2.1%).

As per MCA filings, the company has open charges of ₹5 Cr on record. Court records list 24 cases involving the company, including 4 filed by the company and 20 filed against it; 19 cases are pending.

Absolute Remedies Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-HP-11-0016640). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U24230CH2022PLC044298
Registration Number 044298
Incorporation Date 08 April 2022
ROC Chandigarh
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 MSME
Udyam Registration UDYAM-HP-11-0016640

Recognitions & Rankings of Absolute Remedies

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-HP-11-0016640

Contact details

Absolute Remedies Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    S.C.O. 40 2nd Floor Sector 31D, Chandigarh, India – 160030
  • Industry
    Healthcare, Alternative & Holistic Medicine

To see the full contact details of Absolute Remedies Limited, buy the company report.

Comprehensive company report
Absolute Remedies 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 Absolute Remedies is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Absolute Remedies Limited, buy the company report.

Financials of Absolute Remedies Limited

FY 2025 filings available

Absolute Remedies Limited reported revenue of ₹22.08 Cr (up 326% YoY) for FY 2024.

Revenue · FY 2024
₹22.08 Cr ▲ 326%
Net profit · FY 2024
₹25.22 Lakh margin 1.1%
EBITDA · FY 2024
₹45.54 Lakh margin 2.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 326%
EBITDA CAGR growth
1 year
▲ 388%

Revenue rose 326% in the latest year. EBITDA rose 388% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23
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₹45.54 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹25.22 Lakh
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

MetricsFY 2023-24FY 2022-23
Profitability
EBITDA Margin2.1%
Net Profit Margin1.1%
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 Absolute Remedies Limited, buy the company report.

Board of directors of Absolute Remedies Limited

Absolute Remedies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gurpreet SinghDirector15 Jan 20260 Years 9 MonthsCurrent
Ashok Kumar JhaDirector08 Apr 20224 Years 6 MonthsCurrent
Ritu KumariDirector07 Nov 20232 Years 11 MonthsCurrent

Peer comparison

Absolute Remedies Limited is compared with the 6 companies closest to it by revenue in the Healthcare industry (Alternative Medicine), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bhargava Phytolab Private Limited₹43.96 Cr (FY 2025)-4.0%New Delhi, Delhi, India
Medisynth Chemicals Pvt Ltd₹38.47 Cr (FY 2025)2.0%Mumbai, Maharashtra, India
Zanoprima India Private Limited₹31.55 Cr (FY 2025)750.0%Hyderabad, Telangana, India
Absolute Remedies Limitedthis company₹22.08 Cr (FY 2024)₹25.22 Lakh1.1%326.0%Chandigarh, India
Hahnemann Publishing Co Pvt Ltd₹22.03 Cr (FY 2025)1.0%Kolkata, West Bengal, India
Nanak Laboratories Private Limited₹15.6 Cr (FY 2025)-2.0%Punjab, India
Holistic Remedies Pvt Ltd₹14.29 Cr (FY 2025)-8.0%Thane, Maharashtra, India

To see the full peer comparison of Absolute Remedies Limited, buy the company report.

Auditor

Absolute Remedies Limited is audited by RAJESH AGGARWAL & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RAJESH AGGARWAL & ASSOCIATESFY 2023009831N

Shareholding

The shareholding of Absolute Remedies Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Absolute Remedies Limited, buy the company report.

Charges & borrowings

Open charges
₹5 Cr
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹5.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Aug 2024100985747Canara Bank₹5 CrOpen

To see the full charge records of Absolute Remedies Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Absolute Remedies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Absolute Remedies Limited has 1 active EPFO establishment as of Apr 08, 2024.

Active EPFO establishments
1

GST

Absolute Remedies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
02AAWCA7989D1Z6Himachal PradeshActive07 May 2022

To see the full GST registrations and return filing status of Absolute Remedies Limited, buy the company report.

Recent activity

Absolute Remedies Limited has 7 board changes on record since 2022: 5 appointments and 2 cessations. The latest: Aman Soni ceased to be Director on 15 Jan 2026.

Ceased
Aman Soni ceased to be Director.
Appointed
Gurpreet Singh was appointed as Director.
AGM
Absolute Remedies Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Absolute Remedies Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Canara Bank of Rs. 5.00 Cr registered on 12 Aug 2024 with Charge ID 100985747 was modified on 11 Feb 2025.
Charges
A charge with Canara Bank amounted to Rs. 5.00 Cr with Charge ID 100985747 was registered on 12 Aug 2024.
Ceased
Raman Deep Chaudhary ceased to be Director.
Appointed
Ritu Kumari was appointed as Director.
Appointed
Aman Soni was appointed as Director.
Appointed
Ashok Kumar Jha was appointed as Director.
Appointed
Raman Deep Chaudhary was appointed as Director.
Incorporation
08 Apr 2022
Absolute Remedies Limited was registered on 08 Apr 2022 with Roc Chandigarh & aged 4 years 6 months as per MCA records.

Frequently asked questions

Absolute Remedies is an active public limited company based in Chandigarh, India. The company works in alternative and holistic medicine, within the healthcare industry. It was incorporated on 08 April 2022 (4+ years old) and is registered under CIN U24230CH2022PLC044298.

Absolute Remedies has 3 current directors:

The latest financial statements of Absolute Remedies 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 FY 2023 are in the company report.

The GSTIN of Absolute Remedies is 02AAWCA7989D1Z6, registered in Himachal Pradesh.

The CIN (Corporate Identification Number) of Absolute Remedies is U24230CH2022PLC044298. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Absolute Remedies has 24 court cases on record: 4 filed by the company and 20 filed against it. 19 are pending.

Absolute Remedies was incorporated on 08 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Absolute Remedies by revenue are Bhargava Phytolab Private Limited, Medisynth Chemicals Pvt Ltd, Zanoprima India Private Limited, Hahnemann Publishing Co Pvt Ltd, Nanak Laboratories Private Limited and 1 more, all in the Healthcare industry (Alternative Medicine), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Aman Soni ceased to be Director on 15 Jan 2026. Gurpreet Singh was appointed as Director on 15 Jan 2026. Raman Deep Chaudhary ceased to be Director on 04 Mar 2024. Absolute Remedies has 7 board changes on record in total.

Yes, Absolute Remedies is registered as an MSME under Udyam registration (number: UDYAM-HP-11-0016640).

The registered office of Absolute Remedies is at S.C.O. 40 2nd Floor Sector 31D, Chandigarh, India – 160030.