
Asston Pharmaceuticals Limited
About Asston Pharmaceuticals Limited
Data last updated:
Asston Pharmaceuticals Limited is a public limited company based in Thane, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 16 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24304MH2019PLC324187. Its GSTIN is 27AASCA1841Q1Z0 (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 544445.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.92 Cr. It is led by directors including Ashish Narayan Sakalkar (Managing Director) and Saili Jayaram More (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Thane, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹25.47 Cr, a growth of 1.7% compared to the previous year. For the same year it recorded a net profit of ₹3.93 Cr (net margin 15.4%) and EBITDA of -₹56 Lakh (EBITDA margin -2.2%). The net worth stands at ₹38.86 Cr (up 252.3% YoY). Total assets are valued at ₹44.13 Cr (up 139.2% YoY).
As per MCA filings, the company has open charges of ₹3.11 Cr and satisfied charges of ₹4.75 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 14 deals on record (13 market trades, 1 ipo); the latest was in September 2026.
Company details
CIN history
Asston Pharmaceuticals has one previous CIN (Corporate Identification Number): U24304MH2019PTC324187. The current CIN is U24304MH2019PLC324187, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24304MH2019PLC324187 | Current |
| U24304MH2019PTC324187 | Previous |
Contact details
Asston Pharmaceuticals Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4th Floor Office No A – 431 Balaji Bhavan, Plot No 42A Sector – 11 CBD Belapur Navi Mumbai, Thane, Maharashtra, India – 400614
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Asston Pharmaceuticals Limited, buy the company report.
- 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
Business activity
The main business activity of Asston Pharmaceuticals 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 Asston Pharmaceuticals Limited, buy the company report.
Financials of Asston Pharmaceuticals Limited
FY 2025-26 filings availableAsston Pharmaceuticals Limited reported revenue of ₹25.47 Cr (up 1.7% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 25.47 | 25.04 | 16.03 | 6.54 | 9.60 |
| Revenue growth | +1.7% | +56.2% | +145.1% | -31.9% | - |
| EBITDA | (0.56) | 5.45 | 3.82 | 1.52 | (0.35) |
| EBITDA margin | -2.2% | +21.8% | +23.8% | +23.2% | -3.7% |
| Profit before tax | 4.61 | 5.03 | 3.25 | 1.41 | 0.17 |
| Net profit | 3.93 | 3.80 | 2.43 | 1.05 | 0.12 |
| Net profit margin | +15.4% | +15.2% | +15.2% | +16.1% | +1.3% |
| EPS (₹) | 4.54 | 6.14 | 31.01 | 15.09 | 1.58 |
| Balance sheet | |||||
| Total assets | 44.13 | 18.45 | 14.00 | 7.30 | 4.29 |
| Net worth | 38.86 | 11.03 | 7.18 | 1.99 | 0.93 |
| Total debt | 5.10 | 7.26 | 6.82 | 5.24 | 3.31 |
| Cash & bank | 1.29 | 0.20 | 0.01 | 0.12 | 0.14 |
| Net working capital | 33.16 | 17.35 | 12.36 | 4.32 | 2.20 |
| Cash flow | |||||
| Cash from operations | (10.18) | (0.03) | (3.97) | (0.32) | (1.19) |
| Cash from investing | (9.91) | 0.73 | (0.01) | (0.91) | 0.00 |
| Cash from financing | 21.18 | (0.51) | 3.86 | 1.21 | 1.29 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 25.47 | 25.04 | 16.03 | 6.54 | 9.60 |
| Revenue growth | +1.7% | +56.2% | +145.1% | -31.9% | - |
| Other income | 6.12 | 0.57 | 0.25 | 0.65 | 0.96 |
| Total expenses | 26.03 | 19.59 | 12.21 | 5.02 | 9.95 |
| Employee cost | 1.62 | 1.06 | 0.19 | 0.23 | 0.26 |
| EBITDA | (0.56) | 5.45 | 3.82 | 1.52 | (0.35) |
| EBITDA margin | -2.2% | +21.8% | +23.8% | +23.2% | -3.7% |
| Depreciation | 0.32 | 0.04 | 0.06 | 0.04 | 0.01 |
| Interest | 0.63 | 0.95 | 0.76 | 0.72 | 0.43 |
| Profit before tax | 4.61 | 5.03 | 3.25 | 1.41 | 0.17 |
| Tax | 0.73 | 1.16 | 0.82 | 0.36 | 0.05 |
| Net profit | 3.93 | 3.80 | 2.43 | 1.05 | 0.12 |
| Net profit margin | +15.4% | +15.2% | +15.2% | +16.1% | +1.3% |
| EPS (₹) | 4.54 | 6.14 | 31.01 | 15.09 | 1.58 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 8.51 | 6.27 | 0.78 | 0.70 | 0.70 |
| Reserves & surplus | 30.35 | 4.76 | 6.40 | 1.29 | 0.23 |
| Shareholders' funds (net worth) | 38.86 | 11.03 | 7.18 | 1.99 | 0.93 |
| Secured loans | 3.17 | 4.53 | 3.88 | 4.05 | 2.96 |
| Unsecured loans | 1.93 | 2.73 | 2.94 | 1.19 | 0.35 |
| Total debt | 5.10 | 7.26 | 6.82 | 5.24 | 3.31 |
| Total liabilities | 44.13 | 18.45 | 14.00 | 7.30 | 4.29 |
| Assets | |||||
| Gross block | 11.05 | 1.10 | 1.20 | 1.19 | 0.94 |
| Net block | 10.69 | 0.96 | 0.97 | 1.13 | 0.91 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 0.77 | 0.72 | 1.44 | 1.50 | 0.50 |
| Sundry debtors | 36.57 | 24.55 | 16.72 | 8.61 | 6.40 |
| Cash & bank balances | 1.29 | 0.20 | 0.01 | 0.12 | 0.14 |
| Loans & advances | 1.96 | 1.55 | 0.86 | 0.46 | 0.34 |
| Total current assets | 40.59 | 27.02 | 19.03 | 10.69 | 7.38 |
| Total current liabilities | 7.43 | 9.67 | 6.67 | 6.37 | 5.18 |
| Net working capital | 33.16 | 17.35 | 12.36 | 4.32 | 2.20 |
| Total assets | 44.13 | 18.45 | 14.00 | 7.30 | 4.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 0.20 | 0.01 | 0.12 | 0.14 | 0.03 |
| Net cash from operating activities | (10.18) | (0.03) | (3.97) | (0.32) | (1.19) |
| Net cash from investing activities | (9.91) | 0.73 | (0.01) | (0.91) | 0.00 |
| Net cash from financing activities | 21.18 | (0.51) | 3.86 | 1.21 | 1.29 |
| Net change in cash | 1.09 | 0.19 | (0.12) | (0.01) | 0.10 |
| Closing cash | 1.29 | 0.20 | 0.01 | 0.12 | 0.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +1.7% | +56.2% | +145.1% | -31.9% | - |
| EBITDA growth | -110.3% | +42.7% | +151.3% | +534.3% | - |
| PBT growth | -8.4% | +54.8% | +130.5% | +729.4% | +9997.0% |
| Net income growth | +3.4% | +56.4% | +131.4% | +775.0% | - |
| Revenue CAGR (3Y) | +57.3% | +37.7% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +15.2% | +15.5% | +15.2% | +16.1% | +1.3% |
| Return on capital employed | +16.7% | +36.7% | +37.7% | +36.9% | +13.8% |
| Return on net worth | +15.5% | +42.3% | +53.0% | +72.6% | +11.8% |
| Debt / equity | 0.25 | 0.77 | 1.32 | 2.93 | 3.56 |
| Long-term debt / equity | 0.12 | 0.21 | 0.38 | 0.94 | 1.01 |
| Interest cover | -71.59 | 17.56 | 20.21 | 48.65 | -119.44 |
| Efficiency & per share | |||||
| Fixed asset turnover | 4.19 | 21.77 | 13.41 | 6.14 | 10.21 |
| Inventory turnover | 34.19 | 23.19 | 10.90 | 6.54 | 19.20 |
| Debtors turnover | 0.83 | 1.21 | 1.27 | 0.87 | 1.50 |
| EPS (₹) | 4.54 | 6.14 | 31.01 | 15.09 | 1.58 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 45.65 | 17.60 | 91.63 | 28.37 | 13.28 |
To see the full year-wise statements and ratios of Asston Pharmaceuticals Limited, buy the company report.
Board of directors of Asston Pharmaceuticals Limited
Asston Pharmaceuticals has 8 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Narayan Sakalkar Also directs: Ferron Lifecare Private Limited | Managing Director | 16 Apr 2019 | 7 Years 6 Months | Current |
| Saili Jayaram More | Whole-Time Director | 16 Apr 2019 | 7 Years 6 Months | Current |
| Yogesh Prakash Supekar | Director | 16 Oct 2025 | 1 Years 0 Months | Current |
| Rishabh Kumar Jain Also directs: Modern Diagnostic & Research Centre Limited | Director | 20 Sep 2024 | 2 Years 1 Months | Current |
| Vijaya E Shahapurkar Also directs: Delta Galaxy Engineering Services Limited | Director | 20 Sep 2024 | 2 Years 1 Months | Current |
| Sachin Chandrakant Badakh Also directs: Ferron Lifecare Private Limited | Director | 17 May 2024 | 2 Years 5 Months | Current |
Auditor
Asston Pharmaceuticals Limited is audited by Doshi Doshi & Co for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Doshi Doshi & Co | FY 2025 | 153683W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 50.70%, foreign institutional investors hold 1.90%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 47.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | |
|---|---|---|---|
| Promoters | 50.70% | 50.70% | 50.70% |
| Public | 49.30% | 49.30% | 49.30% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2026 | 101237831 | Hdfc Bank Limited | ₹18 Lakh | Open | |
| 23 Jan 2026 | 101237833 | Hdfc Bank Limited | ₹23.7 Lakh | Open | |
| 16 Jan 2026 | 101232211 | Hdfc Bank Limited | ₹24 Lakh | Open | |
| 09 Jan 2026 | 101228705 | Hdfc Bank Limited | ₹24 Lakh | Open | |
| 30 Oct 2025 | 101190397 | Hdfc Bank Limited | ₹2.21 Cr | Open |
To see the full charge records of Asston Pharmaceuticals Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Asston Pharmaceuticals Limited has 14 deals on record (13 market trades, 1 ipo); the latest was in September 2026.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | Market trade | ₹62.8 Lakh | Buyer: an individual |
| Aug 2026 | Market trade | ₹1.75 Cr | Buyer: 2 individuals |
| Aug 2026 | Market trade | ₹1.85 Cr | Buyer: an individual |
| Aug 2026 | Market trade | ₹2.49 Cr | Buyer: an individual |
| Jul 2025 | Market trade | ₹64.2 Lakh | Seller: JSK Securities and Services Private Limited |
To see the full deal history of Asston Pharmaceuticals Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Asston Pharmaceuticals Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (COMIP) | Filed against the company by Socomed Pharma Pvt.Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Amcure Chemicals Through Mukesh Punamchand Shah | Disposed |
To see the full case history of Asston Pharmaceuticals 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 Asston Pharmaceuticals Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asston Pharmaceuticals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCA1841Q1Z0 | Maharashtra | Active | 05 Aug 2019 |
To see the full GST registrations and return filing status of Asston Pharmaceuticals Limited, buy the company report.
Recent activity
Asston Pharmaceuticals Limited has 11 board changes on record since 2019: 9 appointments and 2 cessations. The latest: Sandip Sharma was appointed as Director on 30 Mar 2026.
18 earlier events are in the company report.
News
Frequently asked questions
Asston Pharmaceuticals is an active public limited company based in Thane, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 16 April 2019 (7+ years old) and is registered under CIN U24304MH2019PLC324187. Listed on BSE: 544445.
Asston Pharmaceuticals reported revenue of ₹25.47 Cr for FY 2025-26 (up 1.7% YoY) based on standalone financials.
Asston Pharmaceuticals has 8 current directors:
- Ashish Narayan Sakalkar - Managing Director
- Saili Jayaram More - Whole-Time Director
- Yogesh Prakash Supekar - Director
- Rishabh Kumar Jain - Director
- Vijaya E Shahapurkar - Director
- Sachin Chandrakant Badakh - Director
- Yashvardhan Nitin Tupe - Director
- Sandip Sharma - Director
The latest financial statements of Asston Pharmaceuticals on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Asston Pharmaceuticals is 27AASCA1841Q1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Asston Pharmaceuticals is U24304MH2019PLC324187. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Asston Pharmaceuticals is a listed company as per MCA records. Its shares are listed on BSE (code: 544445).
Asston Pharmaceuticals has 2 court cases on record: 2 filed against it. Most are in the district courts.
Asston Pharmaceuticals was incorporated on 16 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Asston Pharmaceuticals has 14 deals on record (13 market trades, 1 ipo); the latest was in September 2026.