MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-21-0000209
Altis Finechem Private Limited - pharma in Prantij, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.53 Cr
▲ 62% YoY
Net profit · FY 2025
₹51.54 Lakh
Net margin 2.5%
EBITDA · FY 2025
₹1.35 Cr
EBITDA margin 6.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹98.63 Lakh
Issued & subscribed
Open charges
₹7.5 Cr
Satisfied ₹5.98 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
24
Provident fund records
About Altis Finechem Private Limited
Data last updated:
Altis Finechem Private Limited is a private limited company based in Prantij, Gujarat, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 15 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24110GJ2004PTC045152. Its GSTIN is 24AACCD0786H1ZS (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹98.63 Lakh. It was formerly known as Dhruv Intermediates Private Limited. It is led by directors including Nihal Girishkumar Patel and Akash Ratilal Patel.
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 Block No. 192/P1 Near Katwad Patiya Village – Dalpur, Taluka – Prantij District – Sabarkantha, Gujarat, India – 383120.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.53 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹51.54 Lakh (net margin 2.5%) and EBITDA of ₹1.35 Cr (EBITDA margin 6.6%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 8% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Altisfinechem. As per MCA filings, the company has open charges of ₹7.5 Cr and satisfied charges of ₹5.98 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Altis Finechem Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-21-0000209). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website altisfinechem.com.
Company details
CIN U24110GJ2004PTC045152
Registration Number 045152
Incorporation Date 15 December 2004
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-21-0000209
Key People
Nihal Girishkumar Patel Director Akash Ratilal Patel Director Dineshkumar Amichandbhai Patel Director Recognitions & Rankings of Altis Finechem
Contact details
Altis Finechem Private Limited's registered office is in Prantij, Gujarat. Its website is altisfinechem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBlock No. 192/P1 Near Katwad Patiya Village – Dalpur, Taluka – Prantij District – Sabarkantha, Gujarat, India – 383120
- IndustryPharma, API Manufacturers
To see the full contact details of Altis Finechem Private Limited, buy the company report.
Comprehensive company report
Altis Finechem 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
Altis Finechem operates one associated brand: altisfinechem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures pharmaceutical intermediates and supplies quality products for healthcare professionals. | altisfinechem.com |
Business activity
The main business activity of Altis Finechem 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 Altis Finechem Private Limited, buy the company report.
Financials of Altis Finechem Private Limited
FY 2025 filings availableAltis Finechem Private Limited reported revenue of ₹20.53 Cr (up 62% YoY) for FY 2025.
Revenue · FY 2025
₹20.53 Cr ▲ 62%
Net profit · FY 2025
₹51.54 Lakh margin 2.5%
EBITDA · FY 2025
₹1.35 Cr margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 62%
3 years · compounded
▼ 3%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 19%
5 years · compounded
▼ 26%
Revenue rose 62% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 1% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹51.54 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 2.5% | ||||
| 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 Altis Finechem Private Limited, buy the company report.
Board of directors of Altis Finechem Private Limited
Altis Finechem has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nihal Girishkumar Patel Also directs: Plenta Foods LLP | Director | 25 Aug 2018 | 8 Years 2 Months | Current |
| Akash Ratilal Patel | Director | 12 Apr 2019 | 7 Years 6 Months | Current |
| Dineshkumar Amichandbhai Patel Also directs: Celaxis Bioscience Private Limited | Director | 15 Dec 2004 | 21 Years 10 Months | Current |
Peer comparison
Altis Finechem Private Limited is compared with the 9 companies closest to it by revenue in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anphar Laboratories Private Limited | ₹20.75 Cr (FY 2025) | 27.0% | Jammu, Jammu and Kashmir, India | |||
| SBD Healthcare Private Limited | ₹20.74 Cr (FY 2024) | 92.0% | Ankleshwar, Gujarat, India | |||
| Medinex Laboratories Private Limited | ₹20.62 Cr (FY 2024) | -8.0% | Bhavnagar, Gujarat, India | |||
| Reflux Pharmaceuticals Private Limited | ₹20.56 Cr (FY 2025) | 15.0% | Thane, Maharashtra, India | |||
| Altis Finechem Private Limitedthis company | ₹20.53 Cr (FY 2025) | ₹51.54 Lakh | 2.5% | 62.0% | 24 | Prantij, Gujarat, India |
| Tosco Pharma Private Limited | ₹20.42 Cr (FY 2024) | 337.0% | Hyderabad, Telangana, India | |||
| Tesla Chemicals Private Limited | ₹20.24 Cr (FY 2025) | -18.0% | Panoli, Gujarat, India | |||
| Pharchem Private Limited | ₹20.2 Cr (FY 2024) | 0.0% | Boisar, Maharashtra, India | |||
| Suyog Life Sciences Private Limited | ₹20.09 Cr (FY 2025) | -1.0% | Ankleshwar, Gujarat, India | |||
| Frinze Laboratories Private Limited | ₹20.07 Cr (FY 2025) | 12.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Altis Finechem Private Limited, buy the company report.
Auditor
Altis Finechem Private Limited is audited by Ashvin D. Patel & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashvin D. Patel & Co | FY 2023 | 133774W |
Shareholding
The shareholding of Altis Finechem Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Altis Finechem Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.5 Cr
Satisfied charges
₹5.98 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2025 | 101150215 | Sidbi | ₹7.5 Cr | Open | |
| 26 Jul 2005 | 80044293 | Central Bank of India | ₹2.99 Cr | Satisfied | |
| 26 Jul 2005 | 80044294 | Central Bank of India | ₹2.99 Cr | Satisfied |
To see the full charge records of Altis Finechem Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Altis Finechem Private Limited has 2 court cases on record: 2 filed by Altis Finechem. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sabarkantha at Himmatnagar, Gujarat | Court case (SPCS) | Filed by the company against an individual | Pending |
| District court, Sabarkantha at Himmatnagar, Gujarat | Criminal complaint | Filed by the company against Patel Traders, and 2 others | Disposed |
To see the full case history of Altis Finechem 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 Altis Finechem Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Altis Finechem Private Limited has a workforce of 24 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
24
Active EPFO establishments
1
Employee growth
-4%
GST
Altis Finechem has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCD0786H1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Altis Finechem Private Limited, buy the company report.
Recent activity
Altis Finechem Private Limited has 10 board changes on record since 2004: 3 appointments and 7 cessations. The latest: Ankitkumar Pravinbhai Patel ceased to be Director on 30 Sep 2022.
Charges
A charge registered on 26 Jul 2005 via Charge ID 80044294 with Central Bank Of India was fully satisfied on 14 Nov 2025.
Charges
A charge registered on 26 Jul 2005 via Charge ID 80044293 with Central Bank Of India was fully satisfied on 14 Nov 2025.
AGM
Altis Finechem Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Sidbi amounted to Rs. 7.50 Cr with Charge ID 101150215 was registered on 31 Jul 2025.
Filing
Altis Finechem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Ankitkumar Pravinbhai Patel ceased to be Director.
Ceased
Priyank Mahendrakumar Patel ceased to be Director.
Ceased
Akash Ratilal Patel ceased to be Additional Director.
Appointed
Akash Ratilal Patel was appointed as Director.
Ceased
Ratilal Kacharabhai Patel ceased to be Director.
Ceased
Nihal Girishkumar Patel ceased to be Additional Director.
Appointed
Nihal Girishkumar Patel was appointed as Director.
8 earlier events are in the company report.
Frequently asked questions
Altis Finechem is an active private limited company based in Prantij, Gujarat, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 15 December 2004 (22+ years old) and is registered under CIN U24110GJ2004PTC045152.
Altis Finechem has 3 current directors:
- Nihal Girishkumar Patel - Director
- Akash Ratilal Patel - Director
- Dineshkumar Amichandbhai Patel - Director
The latest financial statements of Altis Finechem 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 Altis Finechem is 24AACCD0786H1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Altis Finechem is U24110GJ2004PTC045152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altis Finechem has 2 court cases on record: 2 filed by the company. 1 is pending.
Altis Finechem was incorporated on 15 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Altis Finechem by revenue are Anphar Laboratories Private Limited, SBD Healthcare Private Limited, Medinex Laboratories Private Limited, Reflux Pharmaceuticals Private Limited, Tosco Pharma Private Limited and 4 more, all in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Ankitkumar Pravinbhai Patel ceased to be Director on 30 Sep 2022. Priyank Mahendrakumar Patel ceased to be Director on 30 Sep 2022. Akash Ratilal Patel ceased to be Additional Director on 25 Sep 2019. Altis Finechem has 10 board changes on record in total.
Yes, Altis Finechem is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-21-0000209).
Altis Finechem can be reached through the website altisfinechem.com. Its registered office is in Prantij, Gujarat, India.
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