MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-30-0002644
Adaarsh Pharmacon Industries Private Limited - pharma in Gulbarga, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.37 Cr
▲ 449% YoY
Net loss · FY 2024
₹6.32 Cr
Net margin -38.6%
EBITDA · FY 2024
-₹35.84 Lakh
EBITDA margin -2.2%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.21 Cr
Issued & subscribed
Open charges
₹42.59 Cr
Satisfied ₹30 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
51
Provident fund records
About Adaarsh Pharmacon Industries Private Limited
Data last updated:
Adaarsh Pharmacon Industries Private Limited is a private limited company based in Gulbarga, Karnataka, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 15 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24303KA2020PTC134914. Its GSTIN is 29AATCA5586B1Z8 (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.21 Cr. It is led by directors Dattatraya Chandrashekhar Patil (Managing Director) and Laxmi Patil.
Its last annual general meeting (AGM) was held on 07 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #E/3/175 Plot No 22 Adarsh Medical Hall Super Market, Gulbarga, Karnataka, India – 585101.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.37 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.32 Cr (net margin -38.6%) and EBITDA of -₹35.84 Lakh (EBITDA margin -2.2%).
The company has about 51 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹42.59 Cr and satisfied charges of ₹30 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 1 case is pending.
Adaarsh Pharmacon Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-30-0002644). For more details, the company can be reached via its website adaarshpharmacon.com.
Company details
CIN U24303KA2020PTC134914
Registration Number 134914
Incorporation Date 15 June 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 07 October 2024
Date of Balance Sheet 31 March 2024
MSME Classification Medium
Udyam Registration UDYAM-KR-30-0002644
Recognitions & Rankings of Adaarsh Pharmacon Industries
Contact details
Adaarsh Pharmacon Industries Private Limited's registered office is in Gulbarga, Karnataka. Its website is adaarshpharmacon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#E/3/175 Plot No 22 Adarsh Medical Hall Super Market, Gulbarga, Karnataka, India – 585101
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Adaarsh Pharmacon Industries Private Limited, buy the company report.
Comprehensive company report
Adaarsh Pharmacon Industries 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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Secure checkout · GST invoice included
Business activity
The main business activity of Adaarsh Pharmacon Industries 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 Adaarsh Pharmacon Industries Private Limited, buy the company report.
Financials of Adaarsh Pharmacon Industries Private Limited
FY 2024 filings availableAdaarsh Pharmacon Industries Private Limited reported revenue of ₹16.37 Cr (up 449% YoY) for FY 2024.
Revenue · FY 2024
₹16.37 Cr ▲ 449%
Net loss · FY 2024
₹6.32 Cr margin -38.6%
EBITDA · FY 2024
-₹35.84 Lakh margin -2.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 449%
EBITDA CAGR growth
1 year
▲ 94%
Revenue rose 449% in the latest year. EBITDA rose 94% in the latest 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 |
|---|---|---|---|---|
| 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 | -₹35.84 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹6.32 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -2.2% | |||
| Net Profit Margin | -38.6% | |||
| 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 Adaarsh Pharmacon Industries Private Limited, buy the company report.
Board of directors of Adaarsh Pharmacon Industries Private Limited
Adaarsh Pharmacon Industries has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dattatraya Chandrashekhar Patil Also directs: Adarsh Biogen Private Limited | Managing Director | 15 Jun 2020 | 6 Years 4 Months | Current |
| Laxmi Patil Also directs: Adarsh Biogen Private Limited, Revoor Green Energy LLP | Director | 15 Jun 2020 | 6 Years 4 Months | Current |
Peer comparison
Adaarsh Pharmacon Industries Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Medgenix Pharma India Private Limited | ₹16.49 Cr (FY 2024) | 31.0% | Hyderabad, Telangana, India | |||
| Azkka Pharmaceuticals Private Limited | ₹16.46 Cr (FY 2025) | 16.0% | Ahmedabad, Gujarat, India | |||
| Adaarsh Pharmacon Industries Private Limitedthis company | ₹16.37 Cr (FY 2024) | -₹6.32 Cr | -38.6% | 449.0% | 51 | Gulbarga, Karnataka, India |
| Nutra Life Healthcare Private Limited | ₹16.34 Cr (FY 2025) | 5.0% | Roorkee, Uttarakhand, India | |||
| Jash Pharma Private Limited | ₹16.28 Cr (FY 2021) | 24.0% | Mumbai, Maharashtra, India | |||
| Quasar Labs Private Limited | ₹16.23 Cr (FY 2024) | 7.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Adaarsh Pharmacon Industries Private Limited, buy the company report.
Auditor
Adaarsh Pharmacon Industries Private Limited is audited by Hooli & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hooli & Associates | FY 2023 | 250929 |
Shareholding
The shareholding of Adaarsh Pharmacon Industries Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Adaarsh Pharmacon Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹42.59 Cr
Satisfied charges
₹30 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2023 | 100784355 | Hdfc Bank Limited | ₹42.59 Cr | Open | |
| 10 Oct 2022 | 100667302 | Karnataka Bank Ltd. | ₹5 Cr | Satisfied | |
| 24 Sep 2021 | 100487386 | Karnataka Bank Ltd. | ₹25 Cr | Satisfied |
To see the full charge records of Adaarsh Pharmacon Industries Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Adaarsh Pharmacon Industries Private Limited has 7 court cases on record: 7 filed against it. 1 case is pending and 6 are disposed.
Total cases
7
Filed against the company
7
Pending
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Pallav Chemicals and Solvents Private Limited Through Its Director Rana Sohanlal Verma | Pending |
| District court, KALABURAGI, Karnataka | Execution petition | Filed against the company by Ms. S.E. Graphites Pvt.Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by K Rasiklal Exim Pvt Ltd Authorized Representative Mr Rushin Harshad Modi | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case SC) | Filed against the company by Mody Chemi Pharma Ltd | Disposed |
| District court, Hyderabad Central, Telangana | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Adaarsh Pharmacon Industries Private Limited, 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 Adaarsh Pharmacon Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Adaarsh Pharmacon Industries Private Limited has a workforce of 51 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
51
Active EPFO establishments
1
Employee growth
4.08%
GST
Adaarsh Pharmacon Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AATCA5586B1Z8 | Karnataka | Active | 20 Aug 2020 |
To see the full GST registrations and return filing status of Adaarsh Pharmacon Industries Private Limited, buy the company report.
Recent activity
Adaarsh Pharmacon Industries Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Dattatraya Chandrashekhar Patil was appointed as Managing Director on 15 Jun 2020.
AGM
Adaarsh Pharmacon Industries Private Limited last Annual general meeting of members was held on 07 Oct 2024 as per latest MCA records.
Filing
Adaarsh Pharmacon Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 42.59 Cr with Charge ID 100784355 was registered on 15 Sep 2023.
Charges
A charge registered on 24 Sep 2021 via Charge ID 100487386 with Karnataka Bank Ltd. was fully satisfied on 27 Jul 2023.
Charges
A charge registered on 10 Oct 2022 via Charge ID 100667302 with Karnataka Bank Ltd. was fully satisfied on 26 Jul 2023.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 5.00 Cr with Charge ID 100667302 was registered on 10 Oct 2022.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 25.00 Cr with Charge ID 100487386 was registered on 24 Sep 2021.
Appointed
Dattatraya Chandrashekhar Patil was appointed as Managing Director.
Appointed
Laxmi Patil was appointed as Director.
Incorporation
15 Jun 2020
Adaarsh Pharmacon Industries Private Limited was registered on 15 Jun 2020 with Roc Bangalore & aged 6 years 4 months as per MCA records.
Frequently asked questions
Adaarsh Pharmacon Industries is an active private limited company based in Gulbarga, Karnataka, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 15 June 2020 (6+ years old) and is registered under CIN U24303KA2020PTC134914.
Adaarsh Pharmacon Industries has 2 current directors:
- Dattatraya Chandrashekhar Patil - Managing Director
- Laxmi Patil - Director
The latest financial statements of Adaarsh Pharmacon Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 07 October 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Adaarsh Pharmacon Industries is 29AATCA5586B1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Adaarsh Pharmacon Industries is U24303KA2020PTC134914. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adaarsh Pharmacon Industries has 7 court cases on record: 7 filed against it. 1 is pending.
Adaarsh Pharmacon Industries was incorporated on 15 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Adaarsh Pharmacon Industries by revenue are Medgenix Pharma India Private Limited, Azkka Pharmaceuticals Private Limited, Nutra Life Healthcare Private Limited, Jash Pharma Private Limited, Quasar Labs Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Dattatraya Chandrashekhar Patil was appointed as Managing Director on 15 Jun 2020. Laxmi Patil was appointed as Director on 15 Jun 2020.
Yes, Adaarsh Pharmacon Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-30-0002644).
Adaarsh Pharmacon Industries can be reached through the website adaarshpharmacon.com. Its registered office is in Gulbarga, Karnataka, India.