About Athena Pharma Private Limited
Data last updated:
Athena Pharma Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 15 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85100MH2009PTC197868. Its GSTIN is 27AAICA2039A1Z7 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vikrant Dhruvaraj Singh and Dhruvaraj Indrapal Singh.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.51 Cr, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹38.93 Lakh (net margin -15.5%) and EBITDA of -₹35.06 Lakh (EBITDA margin -14%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 6% over five years.
As per MCA filings, the company has satisfied charges of ₹16 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website athenapharma.in.
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- Website
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- Registered AddressUnit No 620 Prestige Industrial Estate Bawdi Cross Lane Off Marve Road Malad, (West), Mumbai, Maharashtra, India – 400064
- IndustryPharma, Pharmaceutical Retailers & Distributors
- 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
- One PDF report, delivered after checkout
Business Activity of Athena Pharma Private Limited
The main business activity of Athena Pharma is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Athena Pharma Private Limited FY 2025 filings available
Athena Pharma Private Limited reported revenue of ₹2.51 Cr (down 76% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Athena Pharma Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 76% fall in the latest year. EBITDA fell 146% 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 of Athena Pharma Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹35.06 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹38.93 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 of Athena Pharma Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -14% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -15.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Athena Pharma are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Athena Pharma Private Limited
Athena Pharma has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikrant Dhruvaraj Singh | Director | 15 Dec 2009 | 16 Years 10 Months | Current |
| Dhruvaraj Indrapal Singh | Director | 18 May 2012 | 14 Years 5 Months | Current |
Peer Comparison of Athena Pharma Private Limited
Athena Pharma Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paam Antibiotics Limited | ₹2.53 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Delhi, India |
| Park Medicity (Haryana) Private Limited | ₹2.53 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Warehouster Capital Advisors India Private Limited | ₹2.52 Cr (FY 2024) | •••• | •••• | 120.0% | •••• | Mumbai, Maharashtra, India |
| Agnitio Solutions Private Limited | ₹2.52 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Noida, Uttar Pradesh, India |
| Novo Medix Pharmaceutical Private Limited | ₹2.52 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Athena Pharma Private Limited this company | ₹2.51 Cr (FY 2024) | •••• | •••• | -76.0% | •••• | Mumbai, Maharashtra, India |
| Viprav Ventures India Private Limited | ₹2.51 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Raipur, Chhattisgarh, India |
| Celosia Pharmaceutical Private Limited | ₹2.51 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Chennai, Tamil Nadu, India |
| Naatson Healthcare Private Limited | ₹2.5 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Chennai, Tamil Nadu, India |
| Erinaa Healthcare Private Limited | ₹2.49 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | North 24 Parganas, West Bengal, India |
| N. V. Lifecare Private Limited | ₹2.49 Cr (FY 2017) | •••• | •••• | 12.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Athena Pharma by revenue in the Pharma industry (Pharma Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Athena Pharma Private Limited
Athena Pharma Private Limited is audited by N.H.Shah & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N.H.Shah & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Athena Pharma Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Athena Pharma Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Oct 2021 | Others | ₹16 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Athena Pharma Private Limited
Employment history and EPFO contributions of people linked to Athena Pharma.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Athena Pharma Private Limited
Athena Pharma Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Dhruvaraj Indrapal Singh ceased to be Additional Director on 27 Sep 2012.
Credit Ratings, Litigation & Regulatory Alerts for Athena Pharma Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Athena Pharma Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Athena Pharma Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Athena Pharma Private Limited
Athena Pharma has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICA2039A1Z7 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Athena Pharma Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Athena Pharma Private Limited
Athena Pharma is an active private limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 15 December 2009 (17+ years old) and is registered under CIN U85100MH2009PTC197868.
Athena Pharma reported revenue of ₹2.51 Cr for FY 2024 (down 76% YoY).
Athena Pharma has 2 current directors:
- Vikrant Dhruvaraj Singh - Director
- Dhruvaraj Indrapal Singh - Director
Athena Pharma reported a net loss of ₹38.93 Lakh (net margin -15.5%) and EBITDA of -₹35.06 Lakh (EBITDA margin -14%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Athena Pharma is -37% over three years and -6% over five years. In the latest year (FY 2024) revenue fell 76%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Athena Pharma is 27AAICA2039A1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Athena Pharma is U85100MH2009PTC197868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Athena Pharma was incorporated on 15 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Athena Pharma by revenue are Paam Antibiotics Limited, Park Medicity (Haryana) Private Limited, Warehouster Capital Advisors India Private Limited, Agnitio Solutions Private Limited, Novo Medix Pharmaceutical Private Limited and 5 more, all in the Pharma industry (Pharma Retail and Distribution).
Dhruvaraj Indrapal Singh ceased to be Additional Director on 27 Sep 2012. Dhruvaraj Indrapal Singh was appointed as Director on 18 May 2012. Paramjitsingh Ratansingh Bhumrah ceased to be Director on 18 May 2012. Athena Pharma has 4 board changes on record in total.
Athena Pharma can be reached through the website athenapharma.in. Its registered office is in Mumbai, Maharashtra, India.