- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0148871

Advance Pharmalab Limited
About Advance Pharmalab Limited
Data last updated:
Advance Pharmalab Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 25 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1994PLC023682. Its GSTIN is 24AABCA6195J1ZK (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Kalpana Vikas Gandhi (Whole-Time Director) and Raj Kumari Gandhi (Whole-Time Director).
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.03 Lakh, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹19,059 (net margin 0.3%) and EBITDA of ₹42,995 (EBITDA margin 0.8%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 7% over five years.
Advance Pharmalab Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0148871). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Advance Pharmalab
Contact details
Advance Pharmalab Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address224 Block – F Sumel11 Indian Textile Plaza Sub Plot 1/1 Tp Sno.14 Nr Namaste Circle Shahibau, G, Ahmedabad, Gujarat, India – 380004
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Advance Pharmalab 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
Business activity
The main business activity of Advance Pharmalab 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 Advance Pharmalab Limited, buy the company report.
Financials of Advance Pharmalab Limited
FY 2025 filings availableAdvance Pharmalab Limited reported revenue of ₹56.03 Lakh (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 5% fall in the latest year. EBITDA fell 83% 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 | ₹42,995 | ||||
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| Net Profit (PAT) | ₹19,059 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0.8% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Advance Pharmalab Limited, buy the company report.
Board of directors of Advance Pharmalab Limited
Advance Pharmalab has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prabhat Jayantilal Thakor | Director | 01 Nov 2022 | 4 Years 0 Months | Current |
| Nitinkumar Arvindbhai Thakor | Director | 01 Nov 2022 | 4 Years 0 Months | Current |
| Vikas Chunilal Gandhi | Director | 01 Nov 2022 | 4 Years 0 Months | Current |
| Kalpana Vikas Gandhi | Whole-Time Director | 01 Oct 2005 | 21 Years 1 Months | Current |
| Raj Kumari Gandhi | Whole-Time Director | 01 Oct 2005 | 21 Years 1 Months | Current |
Auditor
Advance Pharmalab Limited is audited by VIJAY MOONDRA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY MOONDRA & CO | FY 2019 | 112308W |
Shareholding
The shareholding of Advance Pharmalab Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Advance Pharmalab Limited, buy the company report.
Legal cases
No court or tribunal cases involving Advance Pharmalab Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Advance Pharmalab Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Advance Pharmalab has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA6195J1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Advance Pharmalab Limited, buy the company report.
Recent activity
Advance Pharmalab Limited has 8 board changes on record since 2005: 5 appointments and 3 cessations. The latest: Chunilal Rikhabchand Gandhi ceased to be Managing Director on 30 Nov 2023.
Frequently asked questions
Advance Pharmalab is an active public limited company based in Ahmedabad, Gujarat, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 25 November 1994 (32+ years old) and is registered under CIN U24231GJ1994PLC023682.
Advance Pharmalab has 5 current directors:
- Kalpana Vikas Gandhi - Whole-Time Director
- Raj Kumari Gandhi - Whole-Time Director
- Prabhat Jayantilal Thakor - Director
- Nitinkumar Arvindbhai Thakor - Director
- Vikas Chunilal Gandhi - Director
The latest financial statements of Advance Pharmalab 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 Advance Pharmalab is 24AABCA6195J1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Advance Pharmalab is U24231GJ1994PLC023682. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advance Pharmalab was incorporated on 25 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Chunilal Rikhabchand Gandhi ceased to be Managing Director on 30 Nov 2023. Nitinkumar Arvindbhai Thakor was appointed as Director on 01 Nov 2022. Prabhat Jayantilal Thakor was appointed as Director on 01 Nov 2022. Advance Pharmalab has 8 board changes on record in total.
Yes, Advance Pharmalab is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0148871).
The registered office of Advance Pharmalab is at 224 Block – F Sumel11 Indian Textile Plaza Sub Plot 11 Tp Sno.14 Nr Namaste Circle Shahibau, G, Ahmedabad, Gujarat, India – 380004.
Advance Pharmalab operates in the pharma industry, in the pharmaceutical retailers and distributors segment.

