Aksharam Pharma Private Limited

Aksharam Pharma Private Limited - pharma in Wadhwancity, Gujarat, India. FY 2026 financials & compliance.
CIN U24299GJ2018PTC105276 Incorporated 22 November 2018 ROC Ahmedabad HQ Wadhwancity, Gujarat, India
Active Private Limited Company pharma MSME · Small
Data last updated
Revenue · FY 2024
₹13.87 Cr
▲ 39% YoY
Net loss · FY 2024
₹63.08 Lakh
Net margin -4.5%
EBITDA · FY 2024
₹1.39 Cr
EBITDA margin 10.1%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹11.51 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
8
Provident fund records

About Aksharam Pharma Private Limited

Data last updated:

Aksharam Pharma Private Limited is a private limited company based in Wadhwancity, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 22 November 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24299GJ2018PTC105276. Its GSTIN is 24AARCA5952D1ZM (Gujarat).

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors including Piyushkumar Prabhubhai Jesadia and Hiteshbhai Muljibhai Jesadiya.

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 Wadhwancity, Gujarat.

As per the financials filed for FY 2024, the company reported a revenue of ₹13.87 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net loss of ₹63.08 Lakh (net margin -4.5%) and EBITDA of ₹1.39 Cr (EBITDA margin 10.1%).

The company has about 8 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹11.51 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.

Aksharam Pharma Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-23-0001841). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aksharampharma.com.

Company details

CIN U24299GJ2018PTC105276
Registration Number 105276
Incorporation Date 22 November 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-23-0001841
Key People
Sugamkumar Mansukhlal Sureja Additional Director Piyushkumar Prabhubhai Jesadia Director Hiteshbhai Muljibhai Jesadiya Director

Recognitions & Rankings of Aksharam Pharma

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-23-0001841

Contact details

Aksharam Pharma Private Limited's registered office is in Wadhwancity, Gujarat. Its website is aksharampharma.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    aksharampharma.com
  • Registered Address
    Plot No 1 & 2 Akshar Industrial Estate, Surendranagar Rajkot Highway Kherali, Wadhwancity, Gujarat, India – 363020
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Aksharam Pharma Private Limited, buy the company report.

Comprehensive company report
Aksharam Pharma 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Aksharam Pharma 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 Aksharam Pharma Private Limited, buy the company report.

Financials of Aksharam Pharma Private Limited

FY 2025 filings available

Aksharam Pharma Private Limited reported revenue of ₹13.87 Cr (up 39% YoY) for FY 2024.

Revenue · FY 2024
₹13.87 Cr ▲ 39%
Net loss · FY 2024
₹63.08 Lakh margin -4.5%
EBITDA · FY 2024
₹1.39 Cr margin 10.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 39%
EBITDA CAGR growth
1 year
▼ 44%
3 years · compounded
▲ 175%
5 years · compounded
▲ 191%

Revenue rose 39% in the latest year. EBITDA fell 44% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹13.87 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.39 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹63.08 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin10.1%
Net Profit Margin-4.5%
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 Aksharam Pharma Private Limited, buy the company report.

Board of directors of Aksharam Pharma Private Limited

Aksharam Pharma has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sugamkumar Mansukhlal Sureja
Also directs: Angel Biogenics Private Limited, Angel Surgitech Private Limited
Additional Director15 Jul 20251 Years 3 MonthsCurrent
Piyushkumar Prabhubhai Jesadia
Also directs: Saint Pharma Private Limited, Shape Wellness Private Limited, Shape Pharma Private Limited
Director22 Nov 20187 Years 11 MonthsCurrent
Hiteshbhai Muljibhai Jesadiya
Also directs: Saint Pharma Private Limited, Shape Pharma Private Limited
Director17 Sep 20197 Years 1 MonthsCurrent
Jitendra Ashokkumar Agrawal
Also directs: Saint Pharma Private Limited, Shape Wellness Private Limited, Shape Pharma Private Limited and 4 more
Director22 Nov 20187 Years 11 MonthsCurrent
Ghanshyam Oghadbhai Adalja
Also directs: Aksharam Excipient Private Limited
Director22 Nov 20187 Years 11 MonthsCurrent
View all directors

Peer comparison

Aksharam Pharma Private Limited is compared with the 9 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bentley and Remington Private Limited₹13.96 Cr (FY 2025)6.0%Bangalore, Karnataka, India
Stereokem Private Limited₹13.93 Cr (FY 2024)29.0%Hyderabad, Telangana, India
Santis Pharmaceuticals Private Limited₹13.9 Cr (FY 2021)14.0%Ahmedabad, Gujarat, India
DJ Pharmaceuticals Private Limited₹13.89 Cr (FY 2020)14.0%Ahmedabad, Gujarat, India
Aksharam Pharma Private Limitedthis company₹13.87 Cr (FY 2024)-₹63.08 Lakh-4.5%39.0%8Wadhwancity, Gujarat, India
Aden Pharmaceuticals Private Limited₹13.86 Cr (FY 2025)6.0%Vadodara, Gujarat, India
PLG Pharmaceuticals Private Limited₹13.84 Cr (FY 2024)-20.0%Delhi, India
J. B. Remedies Private Limited₹13.82 Cr (FY 2024)12.0%Roorkee, Uttarakhand, India
Haustus Bio Tech Private Limited₹13.81 Cr (FY 2025)-3.0%Himachal Pradesh, India
Doctor Auxiliary Private Limited₹13.77 Cr (FY 2025)8.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Aksharam Pharma Private Limited, buy the company report.

Auditor

Aksharam Pharma Private Limited is audited by K. G. VAKHARIA & CO. for the financial year 2024.

Auditor firmFinancial yearFirm registration number
K. G. VAKHARIA & CO.FY 2024117022W

Shareholding

The shareholding of Aksharam Pharma Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Aksharam Pharma Private Limited, buy the company report.

Charges & borrowings

Open charges
₹11.51 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹7.51 Cr
Others₹4.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Nov 2025101196610Others₹4 CrOpen
24 Oct 2019100300539State Bank of India₹7.51 CrOpen

To see the full charge records of Aksharam Pharma Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

Aksharam Pharma Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 55 overdue payments to 45 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 45)

SupplierAmount dueDue sinceReported on
an individual supplier
Original Senses
Mitsu Life Science Private Limited
an individual supplier
Gorang International

To see the full MSME payment records of Aksharam Pharma Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Aksharam Pharma Private Limited has a workforce of 8 employees on its EPFO records as of Dec 08, 2025, across 1 active EPFO establishment.

Employee count
8
Active EPFO establishments
1
Employee growth
-52.94%

GST

Aksharam Pharma has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AARCA5952D1ZMGujaratActive21 Dec 2018

To see the full GST registrations and return filing status of Aksharam Pharma Private Limited, buy the company report.

Recent activity

Aksharam Pharma Private Limited has 7 board changes on record since 2018: 5 appointments and 2 cessations. The latest: Sugamkumar Mansukhlal Sureja was appointed as Additional Director on 15 Jul 2025.

Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 101196610 was registered on 27 Nov 2025.
AGM
Aksharam Pharma Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Sugamkumar Mansukhlal Sureja was appointed as Additional Director.
Filing
Aksharam Pharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with State Bank Of India of Rs. 7.51 Cr registered on 24 Oct 2019 with Charge ID 100300539 was modified on 02 Mar 2022.
Charges
A charge with State Bank Of India amounted to Rs. 7.51 Cr with Charge ID 100300539 was registered on 24 Oct 2019.
Appointed
Hiteshbhai Muljibhai Jesadiya was appointed as Director.
Ceased
Pankaj Vinodkumar Agrawal ceased to be Additional Director.
Ceased
Hiteshbhai Muljibhai Jesadiya ceased to be Director.
Appointed
Ghanshyam Oghadbhai Adalja was appointed as Director.
Appointed
Jitendra Ashokkumar Agrawal was appointed as Director.
Appointed
Piyushkumar Prabhubhai Jesadia was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Aksharam Pharma is an active private limited company based in Wadhwancity, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 22 November 2018 (8+ years old) and is registered under CIN U24299GJ2018PTC105276.

Aksharam Pharma has 5 current directors:

The latest financial statements of Aksharam Pharma 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 FY 2019 are in the company report.

The GSTIN of Aksharam Pharma is 24AARCA5952D1ZM, registered in Gujarat.

The CIN (Corporate Identification Number) of Aksharam Pharma is U24299GJ2018PTC105276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aksharam Pharma has 2 court cases on record: 2 filed against it. 2 are pending.

Aksharam Pharma was incorporated on 22 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Aksharam Pharma by revenue are Bentley and Remington Private Limited, Stereokem Private Limited, Santis Pharmaceuticals Private Limited, DJ Pharmaceuticals Private Limited, Aden Pharmaceuticals Private Limited and 4 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Sugamkumar Mansukhlal Sureja was appointed as Additional Director on 15 Jul 2025. Hiteshbhai Muljibhai Jesadiya was appointed as Director on 17 Sep 2019. Pankaj Vinodkumar Agrawal ceased to be Additional Director on 17 Sep 2019. Aksharam Pharma has 7 board changes on record in total.

Yes, Aksharam Pharma is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-23-0001841).

Aksharam Pharma has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 55 overdue payments to 45 micro and small suppliers. The latest return was filed on 20 Oct 2022.

Aksharam Pharma can be reached through the website aksharampharma.com. Its registered office is in Wadhwancity, Gujarat, India.