- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-20-0001698

About Adani Pharmachem Private Limited
Data last updated:
Adani Pharmachem Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 05 April 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1999PTC035693. Its GSTIN is 24AADCA2201R1ZV (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹45.44 Lakh. It is led by directors Rushabh Hareshbhai Adani (Managing Director) and Nirali Rushabh Adani.
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 Plot No. 2729 To 2731 Road – I – 1 G.I.D.C Village Metoda Tal. Lodhika, Rajkot, Gujarat, India – 360021.
As per the financials filed for FY 2025, the company reported a revenue of ₹85.78 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.12 Cr (net margin 3.6%) and EBITDA of ₹5.17 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 9% over five years.
The company has about 51 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Adani Pharma. As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹18.55 Cr on record. Court records list 15 cases involving the company, including 12 filed by the company and 3 filed against it; 2 cases are pending. The company has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹82.9 Lakh; the latest was in April 2023. Its 9 peer companies in the Chemicals industry (API Manufacturers, Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 5 smaller; the largest is Shakti Distilleries Private Limited with revenue of ₹88.4 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2023, listing 633 overdue payments to 31 micro and small suppliers.
Adani Pharmachem Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0001698). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adanipharma.com.
Company details
Recognitions & Rankings of Adani Pharmachem
Contact details
Adani Pharmachem Private Limited's registered office is in Rajkot, Gujarat. Its website is adanipharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 2729 To 2731 Road – I – 1 G.I.D.C Village Metoda Tal. Lodhika, Rajkot, Gujarat, India – 360021
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Adani Pharmachem Private Limited, buy the company report.
- 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
Brands
Adani Pharmachem operates one associated brand: Adani Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports active pharmaceutical ingredients and veterinary drugs worldwide. | adanipharma.com |
Business activity
The main business activity of Adani Pharmachem 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 Adani Pharmachem Private Limited, buy the company report.
Financials of Adani Pharmachem Private Limited
FY 2025 filings availableAdani Pharmachem Private Limited reported revenue of ₹85.78 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 13% growth in the latest year. EBITDA rose 144% 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 |
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| EBITDA | ₹5.17 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹3.12 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 3.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Adani Pharmachem Private Limited, buy the company report.
Board of directors of Adani Pharmachem Private Limited
Adani Pharmachem has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rushabh Hareshbhai Adani | Managing Director | 01 Apr 2004 | 22 Years 7 Months | Current |
| Nirali Rushabh Adani | Director | 07 Jan 2011 | 15 Years 10 Months | Current |
Peer comparison
Adani Pharmachem Private Limited is compared with the 9 companies closest to it by revenue in the Chemicals industry (API Manufacturers, Industrial Chemicals), 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 |
|---|---|---|---|---|---|---|
| Shakti Distilleries Private Limited | ₹88.4 Cr (FY 2024) | -6.0% | Surat, Gujarat, India | |||
| Vihita Chem Pvt Ltd | ₹88.27 Cr (FY 2023) | -23.0% | Bharuch, Gujarat, India | |||
| TCP Limited | ₹88.16 Cr (FY 2025) | -39.0% | Chennai, Tamil Nadu, India | |||
| S B Organics Ltd | ₹85.97 Cr (FY 2025) | -50.0% | Hyderabad, Telangana, India | |||
| Adani Pharmachem Private Limitedthis company | ₹85.78 Cr (FY 2025) | ₹3.12 Cr | 3.6% | 13.0% | 51 | Rajkot, Gujarat, India |
| Spectrochem Pvt Ltd | ₹85.76 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Omtech Chemical Industries Private Limited | ₹85.66 Cr (FY 2025) | 56.0% | Mumbai, Maharashtra, India | |||
| Joshi Intermediate Private Limited | ₹85.59 Cr (FY 2024) | 186.0% | Ahmedabad, Gujarat, India | |||
| Prachi Pharmaceuticals Private Limited | ₹85.43 Cr (FY 2024) | -3.0% | Mumbai, Maharashtra, India | |||
| Hema Pharmaceuticals Pvt Ltd | ₹85.23 Cr (FY 2025) | 17.0% | Ankleshwar, Gujarat, India |
To see the full peer comparison of Adani Pharmachem Private Limited, buy the company report.
Auditor
Adani Pharmachem Private Limited is audited by KSD & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KSD & ASSOCIATES | FY 2023 | 129625W |
Shareholding
The shareholding of Adani Pharmachem Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Adani Pharmachem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2017 | 100140582 | Yes Bank Limited | ₹15 Cr | Open | |
| 03 Sep 2004 | 90105415 | Others | ₹17.27 Cr | Satisfied | |
| 15 Apr 2002 | 90105840 | Bank of Baroda | ₹1.28 Cr | Satisfied |
To see the full charge records of Adani Pharmachem Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Adani Pharmachem Private Limited has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹82.9 Lakh; the latest was in April 2023.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Hasmukhray I Shah Huf |
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Kappac Pharma Ltd |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Funding round | ₹30.9 Lakh | Investors: Kappac Pharma Ltd |
To see the full deal history of Adani Pharmachem Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Adani Pharmachem Private Limited has 15 court cases on record: 12 filed by Adani Pharmachem, 3 filed against it. 2 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 3 | 1 |
| High courts | 1 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (SPCS) | Filed by the company against M/S Vidhya Pharmachem Pvt.Ltd. and 1 other | Disposed |
| District court, RAJKOT, Gujarat | Commercial matter | Filed by the company against Shri Rajeev Maniyar Proprietor of Aligns International | Pending |
| High Court of Gujarat | Court case (SCR.A) | Filed by the company against State of Gujarat | Pending |
| District court, Ahmedabad, Gujarat | Court case (CMA SC) | Filed against the company by M/S Shreeji Paper Containers - A Regd. Partnership Firm | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against M/S. Lodate Laboratories Private Limited | Disposed |
To see the full case history of Adani Pharmachem 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
Adani Pharmachem Private Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 633 overdue payments to 31 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 31)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Tarul Plasto Pack | |||
| Mivon Chemicals - Purchase | |||
| an individual supplier | |||
| Blackpearl Shipping & Logistics Private Limited | |||
| Greenwich Meridian Logistics (India) Private Limited |
To see the full MSME payment records of Adani Pharmachem Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Adani Pharmachem Private Limited has a workforce of 51 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 51 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Adani Pharmachem Private Limited, buy the company report.
GST
Adani Pharmachem has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCA2201R1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adani Pharmachem Private Limited, buy the company report.
Recent activity
Adani Pharmachem Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Harshadbhai Anantray Adani ceased to be Director on 03 Oct 2024.
4 earlier events are in the company report.
Frequently asked questions
Adani Pharmachem is an active private limited company based in Rajkot, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 05 April 1999 (27+ years old) and is registered under CIN U24231GJ1999PTC035693.
Adani Pharmachem has 2 current directors:
- Rushabh Hareshbhai Adani - Managing Director
- Nirali Rushabh Adani - Director
The latest financial statements of Adani Pharmachem 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 Adani Pharmachem is 24AADCA2201R1ZV, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Adani Pharmachem is U24231GJ1999PTC035693. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adani Pharmachem has 15 court cases on record: 12 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Adani Pharmachem was incorporated on 05 April 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Adani Pharmachem has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹82.9 Lakh; the latest was in April 2023.
The peers of Adani Pharmachem by revenue are Shakti Distilleries Private Limited, Vihita Chem Pvt Ltd, TCP Limited, S B Organics Ltd, Spectrochem Pvt Ltd and 4 more, all in the Chemicals industry (API Manufacturers, Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Harshadbhai Anantray Adani ceased to be Director on 03 Oct 2024. Rushabh Hareshbhai Adani ceased to be Director on 21 Jul 2011. Nirali Rushabh Adani was appointed as Director on 07 Jan 2011. Adani Pharmachem has 5 board changes on record in total.
Yes, Adani Pharmachem is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-20-0001698).
Adani Pharmachem has 13 MSME Form 1 returns on record between 2019 and 2023, listing 633 overdue payments to 31 micro and small suppliers. The latest return was filed on 03 Jan 2024.

