MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0100465
Aqunova Pharma Private Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.76 Cr
▲ 24% YoY
Net profit · FY 2024
₹6.44 Lakh
Net margin 1.4%
EBITDA · FY 2024
₹20.99 Lakh
EBITDA margin 4.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5.86 Lakh
Issued & subscribed
Open charges
₹1.07 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
47
Provident fund records
About Aqunova Pharma Private Limited
Data last updated:
Aqunova Pharma Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 20 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52609GJ2017PTC099167. Its GSTIN is 24AAQCA0526J1ZQ (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.86 Lakh. It is led by directors Ritesh Joshi and Smita Joshi.
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 2024, the company reported a revenue of ₹4.76 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹6.44 Lakh (net margin 1.4%) and EBITDA of ₹20.99 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 22% over five years.
The company has about 47 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aqunova Pharma. As per MCA filings, the company has open charges of ₹1.07 Cr on record.
Aqunova Pharma Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0100465). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aqunovapharma.com.
Company details
CIN U52609GJ2017PTC099167
Registration Number 099167
Incorporation Date 20 September 2017
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 Micro
Udyam Registration UDYAM-GJ-01-0100465
Key People
Ritesh Joshi Director Smita Joshi Director Recognitions & Rankings of Aqunova Pharma
Contact details
Aqunova Pharma Private Limited's registered office is in Ahmedabad, Gujarat. Its website is aqunovapharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address316 Dev Atelier, Near Anandnagar Cross Road Vejalpur, Ahmedabad, Gujarat, India – 380015
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Aqunova Pharma Private Limited, buy the company report.
Comprehensive company report
Aqunova 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
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Brands
Aqunova Pharma operates one associated brand: Aqunova Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Aqunova Pharma provides pharmaceutical solutions for infertility and gynecology in India. | aqunovapharma.com |
Business activity
The main business activity of Aqunova Pharma is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Aqunova Pharma Private Limited, buy the company report.
Financials of Aqunova Pharma Private Limited
FY 2025 filings availableAqunova Pharma Private Limited reported revenue of ₹4.76 Cr (up 24% YoY) for FY 2024.
Revenue · FY 2024
₹4.76 Cr ▲ 24%
Net profit · FY 2024
₹6.44 Lakh margin 1.4%
EBITDA · FY 2024
₹20.99 Lakh margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 21%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 22%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 24% growth in the latest year. EBITDA rose 57% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹20.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.44 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Aqunova Pharma Private Limited, buy the company report.
Board of directors of Aqunova Pharma Private Limited
Aqunova Pharma has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Joshi | Director | 12 Nov 2020 | 5 Years 11 Months | Current |
| Smita Joshi | Director | 24 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Aqunova Pharma Private Limited is compared with the 5 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ticos Laboratories Private Limited | ₹4.78 Cr (FY 2022) | 5.0% | Ahmedabad, Gujarat, India | |||
| Westin Pharmaceuticals Private Limited | ₹4.77 Cr (FY 2025) | 12.0% | Karnal, Haryana, India | |||
| Bela Medical Agencies Private Limited | ₹4.76 Cr (FY 2025) | -7.0% | Ahmedabad, Gujarat, India | |||
| Aqunova Pharma Private Limitedthis company | ₹4.76 Cr (FY 2024) | ₹6.44 Lakh | 1.4% | 24.0% | 47 | Ahmedabad, Gujarat, India |
| Jack Smith India Private Limited | ₹4.74 Cr (FY 2025) | 149.0% | Gmc, Assam, India | |||
| Rudralife Science Private Limited | ₹4.72 Cr (FY 2024) | 13.0% | Selaqui, Uttarakhand, India |
To see the full peer comparison of Aqunova Pharma Private Limited, buy the company report.
Auditor
Aqunova Pharma Private Limited is audited by C S MEHROTRA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C S MEHROTRA & ASSOCIATES | FY 2020 | 146582W |
Shareholding
The shareholding of Aqunova Pharma Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Aqunova Pharma Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.07 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2023 | 100691082 | Others | ₹6.97 Lakh | Open | |
| 08 Jun 2020 | 100339915 | Others | ₹1 Cr | Open |
To see the full charge records of Aqunova Pharma Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Aqunova Pharma Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aqunova Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aqunova Pharma Private Limited has a workforce of 47 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
47
Active EPFO establishments
1
Employee growth
27.03%
GST
Aqunova Pharma has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAQCA0526J1ZQ | Gujarat | Active | 27 Sep 2017 |
To see the full GST registrations and return filing status of Aqunova Pharma Private Limited, buy the company report.
Recent activity
Aqunova Pharma Private Limited has 6 board changes on record since 2020: 2 appointments and 4 cessations. The latest: Smita Joshi ceased to be Additional Director on 29 Sep 2025.
AGM
Aqunova Pharma Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Smita Joshi ceased to be Additional Director.
Ceased
Pranshu Kumawat ceased to be Director.
Appointed
Smita Joshi was appointed as Director.
Filing
Aqunova Pharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 100.00 Lakh registered on 08 Jun 2020 with Charge ID 100339915 was modified on 08 May 2024.
Charges
A charge with Others amounted to Rs. 6.97 Lakh with Charge ID 100691082 was registered on 23 Mar 2023.
Ceased
Sankar Sen ceased to be Director.
Ceased
Maulik Indravadanbhai Soni ceased to be Director.
Appointed
Ritesh Joshi was appointed as Director.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100339915 was registered on 08 Jun 2020.
Incorporation
20 Sep 2017
Aqunova Pharma Private Limited was registered on 20 Sep 2017 with Roc Ahmedabad & aged 9 years 1 month as per MCA records.
Frequently asked questions
Aqunova Pharma 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 20 September 2017 (9+ years old) and is registered under CIN U52609GJ2017PTC099167.
Aqunova Pharma has 2 current directors:
- Ritesh Joshi - Director
- Smita Joshi - Director
The latest financial statements of Aqunova 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 2018 are in the company report.
The GSTIN of Aqunova Pharma is 24AAQCA0526J1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Aqunova Pharma is U52609GJ2017PTC099167. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aqunova Pharma was incorporated on 20 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Aqunova Pharma by revenue are Ticos Laboratories Private Limited, Westin Pharmaceuticals Private Limited, Bela Medical Agencies Private Limited, Jack Smith India Private Limited, Rudralife Science Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (wholesale trading).
Smita Joshi ceased to be Additional Director on 29 Sep 2025. Pranshu Kumawat ceased to be Director on 03 May 2025. Smita Joshi was appointed as Director on 24 Apr 2025. Aqunova Pharma has 6 board changes on record in total.
Yes, Aqunova Pharma is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0100465).
Aqunova Pharma can be reached through the website aqunovapharma.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Aqunova Pharma is at 316 Dev Atelier, Near Anandnagar Cross Road Vejalpur, Ahmedabad, Gujarat, India – 380015.
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