About Avantika Pharma (Distributors) Private Limited
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Avantika Pharma (Distributors) Private Limited is a private limited company based in Varanasi, Uttar Pradesh, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 21 August 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U24231UP1981PTC005394. Its GSTIN is 09AABCA9135E2ZS (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Neeraj Shukla (Whole-Time Director) and Yashasvi Shukla.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at B – 12/8 Gauriganjbhelupur Varanasi, Uttar Pradesh, India – 221010.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.39 Cr, a growth of 107% compared to the previous year. For the same year it recorded a net profit of ₹49.29 Lakh (net margin 11.2%) and EBITDA of ₹8.07 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 31% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Avantika Pharma. As per MCA filings, the company has open charges of ₹1.82 Cr 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 avantikapharma.co.in.
Company details
Contact details
Avantika Pharma (Distributors) Private Limited's registered office is in Varanasi, Uttar Pradesh. Its website is avantikapharma.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB – 12/8 Gauriganjbhelupur Varanasi, Uttar Pradesh, India – 221010
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Avantika Pharma (Distributors) Private 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
Brands
Avantika Pharma (Distributors) operates one associated brand: Avantika Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical distribution and warehousing services in India. | avantikapharma.co.in |
Financials of Avantika Pharma (Distributors) Private Limited
FY 2022 filings availableAvantika Pharma (Distributors) Private Limited reported revenue of ₹4.39 Cr (up 107% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 107% growth in the latest year. EBITDA rose 11% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.39 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹49.29 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 11.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Avantika Pharma (Distributors) Private Limited, buy the company report.
Board of directors of Avantika Pharma (Distributors) Private Limited
Avantika Pharma (Distributors) has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yashasvi Shukla Also directs: Avantika Motors Private Limited, Blue Lily Life Sciences Private Limited, Presus Chemicals Private Limited and 1 more | Director | 09 Jun 2021 | 5 Years 4 Months | Current |
| Neeraj Shukla Also directs: Avantika Motors Private Limited | Whole-Time Director | 12 Aug 1989 | 37 Years 2 Months | Current |
| Anuj Shukla Also directs: Avantika Motors Private Limited | Director | 01 Apr 1999 | 27 Years 7 Months | Current |
Auditor
Avantika Pharma (Distributors) Private Limited is audited by M NIGAM & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M NIGAM & CO | FY 2021 | 006044C |
Shareholding
The shareholding of Avantika Pharma (Distributors) Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avantika Pharma (Distributors) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 2023 | 100825604 | Hdfc Bank Limited | ₹46.92 Lakh | Open | |
| 25 Mar 2021 | 100430704 | Uco Bank | ₹1.25 Cr | Open | |
| 07 Aug 2007 | 10072753 | Vijaya Bank | ₹10 Lakh | Open |
To see the full charge records of Avantika Pharma (Distributors) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Avantika Pharma (Distributors) 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 Avantika Pharma (Distributors) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Avantika Pharma (Distributors) has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
Employees & EPFO
Avantika Pharma (Distributors) Private Limited has a workforce of 22 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Avantika Pharma (Distributors) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCA9135E2ZS | Uttar Pradesh | Active | 28 Sep 2020 |
To see the full GST registrations and return filing status of Avantika Pharma (Distributors) Private Limited, buy the company report.
Recent activity
Avantika Pharma (Distributors) Private Limited has 5 board changes on record since 1985: 4 appointments and 1 cessation. The latest: Yashasvi Shukla was appointed as Director on 09 Jun 2021.
1 earlier event is in the company report.
Frequently asked questions
Avantika Pharma (Distributors) is an active private limited company based in Varanasi, Uttar Pradesh, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 21 August 1981 (45+ years old) and is registered under CIN U24231UP1981PTC005394.
Avantika Pharma (Distributors) has 3 current directors:
- Neeraj Shukla - Whole-Time Director
- Yashasvi Shukla - Director
- Anuj Shukla - Director
The latest financial statements of Avantika Pharma (Distributors) on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Avantika Pharma (Distributors) is 09AABCA9135E2ZS, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Avantika Pharma (Distributors) is U24231UP1981PTC005394. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avantika Pharma (Distributors) was incorporated on 21 August 1981, making it 45+ years old. It is registered with the Registrar of Companies, Kanpur.
Yashasvi Shukla was appointed as Director on 09 Jun 2021. Pankaj Shukla ceased to be Whole-Time Director on 22 May 2021. Anuj Shukla was appointed as Director on 01 Apr 1999. Avantika Pharma (Distributors) has 5 board changes on record in total.
Avantika Pharma (Distributors) can be reached through the website avantikapharma.co.in. Its registered office is in Varanasi, Uttar Pradesh, India.
The registered office of Avantika Pharma (Distributors) is at B – 128 Gauriganjbhelupur Varanasi, Uttar Pradesh, India – 221010.
Avantika Pharma (Distributors) operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
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