Acme Formulation Private Limited

Acme Formulation Private Limited - pharma in Himachal Pradesh, India. FY 2026 financials & compliance.
CIN U24230HP2004PTC027223 Incorporated 21 June 2004 ROC Himachal Pradesh HQ Himachal Pradesh, India
Active Private Limited Company pharma
Data last updated
Revenue · FY 2025
₹577 Cr
▼ 2% YoY
Net profit · FY 2025
₹71.71 Cr
Net margin 12.4%
EBITDA · FY 2025
₹123.8 Cr
EBITDA margin 21.5%
Authorised capital
₹18 Cr
Registered with MCA
Paid-up capital
₹10.25 Cr
Issued & subscribed
Open charges
₹115.72 Cr
Satisfied ₹202.58 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
601
Provident fund records

About Acme Formulation Private Limited

Data last updated:

Acme Formulation Private Limited is a private limited company based in Himachal Pradesh, India, a subsidiary of Pagac Ariane Pte Ltd. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 21 June 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U24230HP2004PTC027223. Its GSTIN is 02AAECA7994C1ZT (Himachal Pradesh). The company holds 4 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹10.25 Cr. It is led by directors including Viral Shah (Managing Director) and Vikas Sharma (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Village Chowkiwalatehsil Nalagarh Distt Solan, Himachal Pradesh, India.

As per the financials filed for FY 2025, the company reported a revenue of ₹577 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹71.71 Cr (net margin 12.4%) and EBITDA of ₹123.8 Cr (EBITDA margin 21.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 12% over five years.

The company has about 601 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.

The company is associated with 1 brand: Acme Generics. As per MCA filings, the company has open charges of ₹115.72 Cr and satisfied charges of ₹202.58 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acmegenerics.in.

Company Details of Acme Formulation Private Limited
CIN U24230HP2004PTC027223
Registration Number 027223
Incorporation Date 21 June 2004
ROC Himachal Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Pagac Ariane Pte Ltd
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Village Chowkiwalatehsil Nalagarh Distt Solan, Himachal Pradesh, India
  • Industry
    Pharma, Drug Formulation & Development
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Financials, compliance, directors, charges, ownership and filings for Acme Formulation Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Acme Formulation Private Limited

Acme Formulation operates one associated brand: Acme Generics. Each brand links to its own profile.

BrandDescriptionWebsite
Solid and liquid formulations are manufactured as a CDMO focus.acmegenerics.in

Competitors & Alternatives of Acme Formulation Private Limited

Brands and companies operating in the same space as Acme Formulation Private Limited include Abzena, Syngene, Grand River Aseptic Manufacturing and 6 more.

CompetitorDescriptionLocationFounded
Abzena Abzena Provider of antibody discovery, cell line development, and bio analytics servicesCambridge, United Kingdom2001
Syngene Syngene Provider of contract research and manufacturing services for both small molecules and biologicsBengaluru, India1993
Grand River Aseptic Manufacturing Grand River Aseptic Manufacturing Sterile parenteral CDMO services for development and manufacturing are offered.Grand Rapids, United States2010
Patheon Patheon Commercial manufacturing and pharmaceutical development services for biopharmaceutical industryDurham, United States1974
Panacea Biotec Panacea Biotec Developer of biosimilars, vaccines and natural productsAmbala, India1984
Piramal Group Piramal Group Multinational conglomerate with diverse interests in Pharma, Financial Services and Real EstateMumbai, India1984
Maravai Life Sciences Maravai Life Sciences Provides enabling tools and services in the life sciences research and bio-production industriesSan Diego, United States2014
LakePharma LakePharma Provider of drug discovery on molecular biology, viral vectors and cell & protein engineeringBelmont, United States2009
Insud Pharma Insud Pharma Finished formulations, APIs, and monoclonal antibodies are developed and manufactured.Madrid, Spain1977

Business Activity of Acme Formulation Private Limited

The main business activity of Acme Formulation is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical productsLocked
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Turnover share and past changes in activity are in the company report.

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Auditor Details of Acme Formulation Private Limited

Acme Formulation Private Limited is audited by S. R. Batliboi & Co. LLP for the financial year 2023.

NameStatusAppointment DateCessation Date
S. R. Batliboi & Co. LLPLockedLockedLocked
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Board of Directors of Acme Formulation Private Limited

Acme Formulation has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Viral ShahManaging Director24 Jan 200719 Years 8 MonthsCurrent
Aswin VikramDirector04 Oct 20215 Years 0 MonthsCurrent
Vikas SharmaWhole-Time Director29 Jul 20206 Years 2 MonthsCurrent
Nikhil Kumar SrivastavaDirector04 Oct 20215 Years 0 MonthsCurrent

Financials of Acme Formulation Private Limited FY 2024 filings available

Acme Formulation Private Limited reported revenue of ₹577 Cr (down 2% YoY) for FY 2025.

Revenue · FY 2025
₹577 Cr ▼ 2%
Net profit · FY 2025
₹71.71 Cr margin 12.4%
EBITDA · FY 2025
₹123.8 Cr margin 21.5%

Compounded Annual Growth Rate (CAGR) of Acme Formulation Private Limited

Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 2%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 22%
5 years · compounded
▲ 29%

Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 26% 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 Acme Formulation Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹123.8 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹71.71 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 of Acme Formulation Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin21.5%••••••••••••••••
Net Profit Margin12.4%••••••••••••••••
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 Acme Formulation are in the company report.

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Financial statements from 2015

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Ownership and Shareholding of Acme Formulation Private Limited

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Group Structure of Acme Formulation Private Limited

Acme Formulation has 4 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

4
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
Acme Generics Private LimitedU24100PB2021PTC056566Locked
Ace Testing Solutions Private LimitedU74140HP2009PTC031248Locked
Ace Invest Private LimitedU74900CH2013PTC034318Locked
Immacule Lifesciences Private LimitedU74900HP2010PTC031676Locked

Showing major subsidiaries. Total: 4.

Charges & Borrowings of Acme Formulation Private Limited

Open charges
₹115.72 Cr
Satisfied charges
₹202.58 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹65.00 Cr
State Bank of India₹50.72 Cr
Latest charge details
DateLenderAmountStatus
06 Aug 2021State Bank of India₹50.72 CrOpen
17 Jan 2020Hdfc Bank Limited₹30.5 CrOpen
17 Jan 2020Hdfc Bank Limited₹8.5 CrOpen
17 Jan 2020Hdfc Bank Limited₹26 CrOpen
23 Nov 2016Hdfc Bank Limited₹25.5 CrSatisfied

Total charge records: 18 View all charges

Employees and EPFO Compliance at Acme Formulation Private Limited

Acme Formulation Private Limited has a workforce of 601 employees as of Mar 28, 2024.

Employee count
601
Active EPFO establishments
1
Employee growth
1.52%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Acme Formulation Private Limited

Acme Formulation has 4 GST registrations: 3 active and 1 cancelled or inactive.

Total GSTINs
4
Active
3
Cancelled / inactive
1
GSTINStateStatusRegistered on
02AAECA7994C1ZTHimachal PradeshActive01 Jul 2017
04AAECA7994C2ZOChandigarhActive21 Jul 2017
03AAECA7994C1ZRPunjabActive25 Oct 2021
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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Credit Ratings, Litigation & Regulatory Alerts for Acme Formulation Private Limited

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MSME Payment Delays by Acme Formulation Private Limited

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Subsidiaries & Group Companies of Acme Formulation Private Limited

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MCA Filings & Documents of Acme Formulation Private Limited

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Recent Activity on Acme Formulation Private Limited

Directors
15 Oct 2024
Ginny Uppal was appointed as a Company Secretary on 15 Oct 2024 & has been associated with this company since 1 year 11 months.
Activity
30 Sep 2024
Acme Formulation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Acme Formulation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Himachal Pradesh.
Charges
30 Jun 2023
A charge with State Bank Of India of Rs. 50.72 Cr registered on 06 Aug 2021 with Charge ID 100484075 was modified on 30 Jun 2023.
Charges
26 Aug 2022
A charge registered on 04 Jun 2007 via Charge ID 10053933 with General Manager District Industries Centre was fully satisfied on 26 Aug 2022.
Charges
26 May 2022
A charge registered on 31 Mar 2015 via Charge ID 10565258 with State Bank Of India was fully satisfied on 26 May 2022.

Frequently Asked Questions about Acme Formulation Private Limited

Acme Formulation is an active private limited company based in Himachal Pradesh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 21 June 2004 (22+ years old) and is registered under CIN U24230HP2004PTC027223.

Acme Formulation reported revenue of ₹577 Cr for FY 2025 (down 2% YoY).

Acme Formulation has 4 current directors:

Acme Formulation reported a net profit of ₹71.71 Cr (net margin 12.4%) and EBITDA of ₹123.8 Cr (EBITDA margin 21.5%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Acme Formulation is 2% over three years and 12% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Acme Formulation is 02AAECA7994C1ZT, registered in Himachal Pradesh. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 04AAECA7994C2ZO (Chandigarh), 03AAECA7994C1ZR (Punjab).

The CIN (Corporate Identification Number) of Acme Formulation is U24230HP2004PTC027223. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Acme Formulation was incorporated on 21 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.

Acme Formulation can be reached through the website acmegenerics.in. Its registered office is in Himachal Pradesh, India.

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