Africure Pharmaceuticals (India) Private Limited

Africure Pharmaceuticals (India) Private Limited - pharma in Palghar, Maharashtra, India. FY 2026 financials & compliance.
CIN U24303MH2017PTC291491 Incorporated 21 February 2017 ROC Mumbai HQ Palghar, Maharashtra, India
Active Private Limited Company pharma MSME · Small
Revenue · FY 2026
₹62.65 Cr
▼ 6% YoY
Net profit · FY 2026
₹1.19 Cr
Net margin 1.9%
EBITDA · FY 2026
₹3.32 Cr
EBITDA margin 5.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹20.41 Lakh
Issued & subscribed
Open charges
₹13.5 Cr
Satisfied ₹5 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
104
Provident fund records

About Africure Pharmaceuticals (India) Private Limited

Data last updated:

Africure Pharmaceuticals (India) Private Limited is a private limited company based in Palghar, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 21 February 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24303MH2017PTC291491. Its GSTIN is 27AAPCA2078L1Z6 (Maharashtra). 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 ₹20.41 Lakh. It is led by directors including Sanskar Nawal Kumar Tated and Ravi Shankar Chandrasekhar.

Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 9 – 12 Dewan & Sons Industrial Area Vevoor, Palghar, Maharashtra, India – 401404.

As per the financials filed for FY 2026, the company reported a revenue of ₹62.65 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.19 Cr (net margin 1.9%) and EBITDA of ₹3.32 Cr (EBITDA margin 5.3%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 2% over five years.

The company has about 104 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Africure Pharmaceuticals. As per MCA filings, the company has open charges of ₹13.5 Cr and satisfied charges of ₹5 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹6.12 Cr; the latest was in March 2019.

Africure Pharmaceuticals (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0052697). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website africurepharma.com.

Company details

CIN U24303MH2017PTC291491
Registration Number 291491
Incorporation Date 21 February 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0052697

Recognitions & Rankings of Africure Pharmaceuticals (India)

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0052697

Contact details

Africure Pharmaceuticals (India) Private Limited's registered office is in Palghar, Maharashtra. Its website is africurepharma.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    9 – 12 Dewan & Sons Industrial Area Vevoor, Palghar, Maharashtra, India – 401404
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Africure Pharmaceuticals (India) Private Limited, buy the company report.

Comprehensive company report
Africure Pharmaceuticals (India) 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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Brands

Africure Pharmaceuticals (India) operates one associated brand: Africure Pharmaceuticals. Each brand links to its own profile.

BrandDescriptionWebsite
Diversified drugs are manufactured and supplied by Africure Pharmaceuticals.africurepharma.com

Business activity

The main business activity of Africure Pharmaceuticals (India) is manufacturing. In detail, this covers manufacture of chemicals and chemical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing20Manufacture of chemicals and chemical products

To see the full business activity and turnover split of Africure Pharmaceuticals (India) Private Limited, buy the company report.

Financials of Africure Pharmaceuticals (India) Private Limited

FY 2026 filings available

Africure Pharmaceuticals (India) Private Limited reported revenue of ₹62.65 Cr (down 6% YoY) for FY 2026.

Revenue · FY 2026
₹62.65 Cr ▼ 6%
Net profit · FY 2026
₹1.19 Cr margin 1.9%
EBITDA · FY 2026
₹3.32 Cr margin 5.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 17%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 30%

Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 6% fall in the latest year. EBITDA rose 3% 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 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹62.65 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹3.32 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.19 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin5.3%
Net Profit Margin1.9%
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 Africure Pharmaceuticals (India) Private Limited, buy the company report.

Board of directors of Africure Pharmaceuticals (India) Private Limited

Africure Pharmaceuticals (India) has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanskar Nawal Kumar TatedDirector21 Feb 20179 Years 8 MonthsCurrent
Ravi Shankar ChandrasekharDirector21 Feb 20179 Years 8 MonthsCurrent
Susan Teresa NoronhaDirector26 Mar 20215 Years 7 MonthsCurrent

Auditor

Africure Pharmaceuticals (India) Private Limited is audited by S G M & Associates LLP for the financial year 2026.

Auditor firmFinancial yearFirm registration number
S G M & Associates LLPFY 2026S200058

Shareholding

The shareholding of Africure Pharmaceuticals (India) Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2026FY 2025FY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Africure Pharmaceuticals (India) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹13.5 Cr
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹13.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Jan 2020100322129Hdfc Bank Limited₹3.5 CrOpen
17 Dec 2019100312605Hdfc Bank Limited₹10 CrOpen
30 Mar 2017100089238Others₹5 CrSatisfied

To see the full charge records of Africure Pharmaceuticals (India) Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Africure Pharmaceuticals (India) Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹6.12 Cr; the latest was in March 2019.

Total deals
1
Funding round
1
Disclosed funding
₹6.12 Cr

Deals on record (1 of 1)

WhenDealAmountParties
Mar 2019Funding round₹6.12 CrInvestors: Africure Pharmaceuticals Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Africure Pharmaceuticals (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Africure Pharmaceuticals (India) Private Limited has a workforce of 104 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
104
Active EPFO establishments
1
Employee growth
-2.8%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27104
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 Africure Pharmaceuticals (India) Private Limited, buy the company report.

GST

Africure Pharmaceuticals (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAPCA2078L1Z6MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Africure Pharmaceuticals (India) Private Limited, buy the company report.

Recent activity

Africure Pharmaceuticals (India) Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Susan Teresa Noronha ceased to be Additional Director on 16 Aug 2021.

Filing
Africure Pharmaceuticals (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai.
AGM
Africure Pharmaceuticals (India) Private Limited last Annual general meeting of members was held on 29 Aug 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 10.00 Cr registered on 17 Dec 2019 with Charge ID 100312605 was modified on 13 Jun 2024.
Ceased
Susan Teresa Noronha ceased to be Additional Director.
Appointed
Susan Teresa Noronha was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.50 Cr with Charge ID 100322129 was registered on 17 Jan 2020.
Charges
A charge registered on 30 Mar 2017 via Charge ID 100089238 with Others was fully satisfied on 14 Jan 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100312605 was registered on 17 Dec 2019.
Charges
A charge with Others of Rs. 5.00 Cr registered on 30 Mar 2017 with Charge ID 100089238 was modified on 28 Sep 2017.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100089238 was registered on 30 Mar 2017.
Appointed
Ravi Shankar Chandrasekhar was appointed as Director.
Appointed
Sanskar Nawal Kumar Tated was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Africure Pharmaceuticals (India) is an active private limited company based in Palghar, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 21 February 2017 (9+ years old) and is registered under CIN U24303MH2017PTC291491.

Africure Pharmaceuticals (India) has 3 current directors:

The latest financial statements of Africure Pharmaceuticals (India) on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 August 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Africure Pharmaceuticals (India) is 27AAPCA2078L1Z6, registered in Maharashtra. 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 Africure Pharmaceuticals (India) is U24303MH2017PTC291491. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Africure Pharmaceuticals (India) was incorporated on 21 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.

Africure Pharmaceuticals (India) has 1 deal on record (1 funding round), with disclosed funding of ₹6.12 Cr; the latest was in March 2019.

Susan Teresa Noronha ceased to be Additional Director on 16 Aug 2021. Susan Teresa Noronha was appointed as Director on 26 Mar 2021. Ravi Shankar Chandrasekhar was appointed as Director on 21 Feb 2017. Africure Pharmaceuticals (India) has 4 board changes on record in total.

Yes, Africure Pharmaceuticals (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0052697).

Africure Pharmaceuticals (India) can be reached through the website africurepharma.com. Its registered office is in Palghar, Maharashtra, India.