Advance Pharmalab Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U24231GJ1994PLC023682 Incorporated 25 November 1994 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Public Limited Company pharma MSME · Micro
Revenue · FY 2025
₹56.03 Lakh
▼ 5% YoY
Net profit · FY 2025
₹19,059
Net margin 0.3%
EBITDA · FY 2025
₹42,995
EBITDA margin 0.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
32 yrs
Est. 1994
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered

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

CIN U24231GJ1994PLC023682
Registration Number 023682
Incorporation Date 25 November 1994
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0148871

Recognitions & Rankings of Advance Pharmalab

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-01-0148871

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 Address
    224 Block – F Sumel11 Indian Textile Plaza Sub Plot 1/1 Tp Sno.14 Nr Namaste Circle Shahibau, G, Ahmedabad, Gujarat, India – 380004
  • Industry
    Pharma, Pharmaceutical Retailers & Distributors

To see the full contact details of Advance Pharmalab Limited, buy the company report.

Comprehensive company report
Advance Pharmalab 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 Advance Pharmalab 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 Advance Pharmalab Limited, buy the company report.

Financials of Advance Pharmalab Limited

FY 2025 filings available

Advance Pharmalab Limited reported revenue of ₹56.03 Lakh (down 5% YoY) for FY 2025.

Revenue · FY 2025
₹56.03 Lakh ▼ 5%
Net profit · FY 2025
₹19,059 margin 0.3%
EBITDA · FY 2025
₹42,995 margin 0.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 7%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 83%
3 years · compounded
▼ 39%
5 years · compounded
▼ 26%

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

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₹42,995
Profit Before Tax
Tax Expense
Net Profit (PAT)₹19,059
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin0.8%
Net Profit Margin0.3%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Prabhat Jayantilal ThakorDirector01 Nov 20224 Years 0 MonthsCurrent
Nitinkumar Arvindbhai ThakorDirector01 Nov 20224 Years 0 MonthsCurrent
Vikas Chunilal GandhiDirector01 Nov 20224 Years 0 MonthsCurrent
Kalpana Vikas GandhiWhole-Time Director01 Oct 200521 Years 1 MonthsCurrent
Raj Kumari GandhiWhole-Time Director01 Oct 200521 Years 1 MonthsCurrent

Auditor

Advance Pharmalab Limited is audited by VIJAY MOONDRA & CO for the financial year 2019.

Auditor firmFinancial yearFirm registration number
VIJAY MOONDRA & COFY 2019112308W

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 categoryFY 2019FY 2017FY 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.

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCA6195J1ZKGujaratActive01 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.

AGM
Advance Pharmalab Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Advance Pharmalab Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Chunilal Rikhabchand Gandhi ceased to be Managing Director.
Appointed
Nitinkumar Arvindbhai Thakor was appointed as Director.
Appointed
Prabhat Jayantilal Thakor was appointed as Director.
Appointed
Vikas Chunilal Gandhi was appointed as Director.
Ceased
Kalpana Vikas Gandhi ceased to be Director.
Ceased
Raj Kumari Gandhi ceased to be Director.
Appointed
Kalpana Vikas Gandhi was appointed as Whole-Time Director.
Appointed
Raj Kumari Gandhi was appointed as Whole-Time Director.
Incorporation
25 Nov 1994
Advance Pharmalab Limited was registered on 25 Nov 1994 with Roc Ahmedabad & aged 31 years 11 months as per MCA records.

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:

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.