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Agonist Pharmaceuticals Private Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹13.99 Cr
▲ 50% YoY
Net profit · FY 2022
₹46.94 Lakh
Net margin 3.4%
EBITDA · FY 2022
₹1.18 Cr
EBITDA margin 8.4%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Satisfied charges
₹2.7 Cr
No open charges
Company age
9 yrs
Est. 2017
Employees · EPFO
9
Provident fund records
About Agonist Pharmaceuticals Private Limited
Data last updated:
Agonist Pharmaceuticals Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 06 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2017PTC098175. Its GSTIN is 24AAPCA7741Q1ZY (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Bharatbhai Ramjibhai Kamani and Dhaval Bharatbhai Kamani.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No. 20 Somnath Ind. Park Near Kerala GIDC Village: Kerala Taluka :Bavla, Ahmedabad, Gujarat, India – 382220.
As per the financials filed for FY 2022, the company reported a revenue of ₹13.99 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹46.94 Lakh (net margin 3.4%) and EBITDA of ₹1.18 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 396% over three years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Agonist Pharmaceuticals. As per MCA filings, the company has satisfied charges of ₹2.7 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 3 cases are pending.
Agonist Pharmaceuticals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0042555). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website agonistpharma.com.
Company details
CIN U74999GJ2017PTC098175
Registration Number 098175
Incorporation Date 06 July 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0042555
Key People
Bharatbhai Ramjibhai Kamani Director Dhaval Bharatbhai Kamani Director Rohit Vallabhbhai Madariya Director Recognitions & Rankings of Agonist Pharmaceuticals
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0042555
Contact details
Agonist Pharmaceuticals Private Limited's registered office is in Ahmedabad, Gujarat. Its website is agonistpharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 20 Somnath Ind. Park Near Kerala GIDC Village: Kerala Taluka :Bavla, Ahmedabad, Gujarat, India – 382220
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Agonist Pharmaceuticals Private Limited, buy the company report.
Comprehensive company report
Agonist Pharmaceuticals 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
Agonist Pharmaceuticals operates one associated brand: Agonist Pharmaceuticals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of generic drugs | agonistpharma.com |
Business activity
The main business activity of Agonist Pharmaceuticals is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Agonist Pharmaceuticals Private Limited, buy the company report.
Financials of Agonist Pharmaceuticals Private Limited
FY 2022 filings availableAgonist Pharmaceuticals Private Limited reported revenue of ₹13.99 Cr (up 50% YoY) for FY 2022.
Revenue · FY 2022
₹13.99 Cr ▲ 50%
Net profit · FY 2022
₹46.94 Lakh margin 3.4%
EBITDA · FY 2022
₹1.18 Cr margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 396%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 278%
Revenue has grown at a compounded annual rate (CAGR) of 396% over three years, including 50% growth 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹13.99 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹46.94 Lakh | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 3.4% | ||||
| 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 Agonist Pharmaceuticals Private Limited, buy the company report.
Board of directors of Agonist Pharmaceuticals Private Limited
Agonist Pharmaceuticals has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharatbhai Ramjibhai Kamani | Director | 06 Jul 2017 | 9 Years 3 Months | Current |
| Dhaval Bharatbhai Kamani | Director | 06 Jul 2017 | 9 Years 3 Months | Current |
| Rohit Vallabhbhai Madariya | Director | 06 Jul 2017 | 9 Years 3 Months | Current |
| Jay Pragda | Director | 06 Jul 2017 | 9 Years 3 Months | Current |
Auditor
Agonist Pharmaceuticals Private Limited is audited by MINESH MEHTA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MINESH MEHTA & CO. | FY 2022 | 121675 |
Shareholding
The shareholding of Agonist Pharmaceuticals Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Agonist Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹2.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2018 | 100193587 | The Kalupur Commercial Co-Operative Bank Limited | ₹2.7 Cr | Satisfied |
To see the full charge records of Agonist Pharmaceuticals Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Agonist Pharmaceuticals Private Limited has 3 court cases on record: 3 filed against it. All cases are pending.
Total cases
3
Filed against the company
3
Pending
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (COMIP) | Filed against the company by Socomed Pharma Private Limited | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Socomed Pharma Private Limited | Pending |
| High Court, MAHARASHTRA | Court case (CRR) | Filed against the company by Socomed Pharma Private Limited | Pending |
To see the full case history of Agonist Pharmaceuticals 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 Agonist Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Agonist Pharmaceuticals Private Limited has a workforce of 9 employees on its EPFO records as of Feb 18, 2025, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
GST
Agonist Pharmaceuticals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPCA7741Q1ZY | Gujarat | Active | 08 Dec 2017 |
To see the full GST registrations and return filing status of Agonist Pharmaceuticals Private Limited, buy the company report.
Recent activity
Agonist Pharmaceuticals Private Limited has 5 board changes on record since 2017: 4 appointments and 1 cessation. The latest: Rohit Jentibhai Donga ceased to be Director on 12 Nov 2020.
Charges
A charge registered on 24 Jul 2018 via Charge ID 100193587 with The Kalupur Commercial Co-Operative Bank Limited was fully satisfied on 24 Dec 2024.
AGM
Agonist Pharmaceuticals Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Agonist Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Ceased
Rohit Jentibhai Donga ceased to be Director.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited of Rs. 2.70 Cr registered on 24 Jul 2018 with Charge ID 100193587 was modified on 10 Nov 2020.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 2.70 Cr with Charge ID 100193587 was registered on 24 Jul 2018.
Appointed
Bharatbhai Ramjibhai Kamani was appointed as Director.
Appointed
Dhaval Bharatbhai Kamani was appointed as Director.
Appointed
Jay Pragda was appointed as Director.
Appointed
Rohit Vallabhbhai Madariya was appointed as Director.
Incorporation
06 Jul 2017
Agonist Pharmaceuticals Private Limited was registered on 06 Jul 2017 with Roc Ahmedabad & aged 9 years 3 months as per MCA records.
Frequently asked questions
Agonist Pharmaceuticals is an active private limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 06 July 2017 (9+ years old) and is registered under CIN U74999GJ2017PTC098175.
Agonist Pharmaceuticals has 4 current directors:
- Bharatbhai Ramjibhai Kamani - Director
- Dhaval Bharatbhai Kamani - Director
- Rohit Vallabhbhai Madariya - Director
- Jay Pragda - Director
The latest financial statements of Agonist Pharmaceuticals on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Agonist Pharmaceuticals is 24AAPCA7741Q1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Agonist Pharmaceuticals is U74999GJ2017PTC098175. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agonist Pharmaceuticals has 3 court cases on record: 3 filed against it. 3 are pending.
Agonist Pharmaceuticals was incorporated on 06 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rohit Jentibhai Donga ceased to be Director on 12 Nov 2020. Bharatbhai Ramjibhai Kamani was appointed as Director on 06 Jul 2017. Dhaval Bharatbhai Kamani was appointed as Director on 06 Jul 2017. Agonist Pharmaceuticals has 5 board changes on record in total.
Yes, Agonist Pharmaceuticals is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Agonist Pharmaceuticals is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0042555).