Avendus Pharmaceuticals Private Limited
About Avendus Pharmaceuticals Private Limited
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Avendus Pharmaceuticals Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the chemical products segment of the chemicals sector. It was incorporated on 03 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2014PTC255818. Its GSTIN is 27AAMCA7070R1ZV (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shainesh Sidhan Pullani and Siddharth Prakash Shah.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at S 1506 7 8 P 11 Islamppura Ward Malegaon, Nashik, Maharashtra, India – 423203.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.01 Lakh, a decline of 57% compared to the previous year. For the same year it recorded a net profit of ₹49,722 (net margin 4.5%) and EBITDA of ₹52,457 (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 20% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressS 1506 7 8 P 11 Islamppura Ward Malegaon, Nashik, Maharashtra, India – 423203
- IndustryChemicals, Chemical Products, Medicinal Chemical & Botanical Products, Pharmaceuticals
- 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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Business Activity of Avendus Pharmaceuticals Private Limited
The main business activity of Avendus Pharmaceuticals 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 Avendus Pharmaceuticals Private Limited FY 2023 filings available
Avendus Pharmaceuticals Private Limited reported revenue of ₹11.01 Lakh (down 57% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Avendus Pharmaceuticals Private Limited
Revenue fell 57% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 55% 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 Avendus Pharmaceuticals Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹52,457 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹49,722 | •••• | •••• | •••• | •••• |
| 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 Avendus Pharmaceuticals Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.5% | •••• | •••• | •••• | •••• |
| 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 Avendus Pharmaceuticals 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 Avendus Pharmaceuticals Private Limited
Avendus Pharmaceuticals has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shainesh Sidhan Pullani | Director | 03 Jul 2014 | 12 Years 3 Months | Current |
| Siddharth Prakash Shah | Director | 03 Jul 2014 | 12 Years 3 Months | Current |
| Sandesh Bipin Gujarathi | Director | 03 Jul 2014 | 12 Years 3 Months | Current |
Peer Comparison of Avendus Pharmaceuticals Private Limited
Avendus Pharmaceuticals Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Pharmaceuticals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lion in Pharmaceuticals India Private Limited | ₹11.13 Lakh (FY 2025) | •••• | •••• | -22.0% | •••• | Yelahanka, Karnataka, India |
| HCLK Pharmaceuticals Private Limited | ₹11.11 Lakh (FY 2025) | •••• | •••• | 19.0% | •••• | Delhi, India |
| Medsci Pharmaceuticals Private Limited | ₹11.11 Lakh (FY 2025) | •••• | •••• | •••• | Varanasi, Uttar Pradesh, India | |
| Medbro 5 India Pharmaceuticals Private Limited | ₹11.04 Lakh (FY 2025) | •••• | •••• | -21.0% | •••• | Pune, Maharashtra, India |
| Utrint Pharmaceuticals Private Limited | ₹11.03 Lakh (FY 2025) | •••• | •••• | 21.0% | •••• | Beed, Maharashtra, India |
| Avendus Pharmaceuticals Private Limited this company | ₹11.01 Lakh (FY 2023) | •••• | •••• | -57.0% | •••• | Nashik, Maharashtra, India |
| Icure Pharmaceuticals Private Limited | ₹11.01 Lakh (FY 2025) | •••• | •••• | -84.0% | •••• | Guntur, Andhra Pradesh, India |
| Indoraggu Pharmaceuticals Private Limited | ₹11 Lakh (FY 2024) | •••• | •••• | -45.0% | •••• | Mysore, Karnataka, India |
| BTL Pharmaceuticals Private Limited | ₹10.97 Lakh (FY 2024) | •••• | •••• | -15.0% | •••• | Chennai, Tamil Nadu, India |
| Unihex Pharmaceuticals Private Limited | ₹10.96 Lakh (FY 2022) | •••• | •••• | 45.0% | •••• | Hyderabad, Telangana, India |
| Davion Pharmaceuticals (P) Ltd. | ₹10.93 Lakh (FY 2022) | •••• | •••• | -42.0% | •••• | Agra, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Avendus Pharmaceuticals by revenue in the Pharma industry (Pharmaceuticals), 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 Avendus Pharmaceuticals Private Limited
Avendus Pharmaceuticals Private Limited is audited by HARSHAD AGRAWAL for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HARSHAD AGRAWAL | 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 Avendus Pharmaceuticals 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 Avendus Pharmaceuticals Private Limited
Avendus Pharmaceuticals Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Avendus Pharmaceuticals Private Limited
Employment history and EPFO contributions of people linked to Avendus Pharmaceuticals.
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 Avendus Pharmaceuticals Private Limited
Avendus Pharmaceuticals Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Sandesh Bipin Gujarathi was appointed as Director on 03 Jul 2014.
Credit Ratings, Litigation & Regulatory Alerts for Avendus Pharmaceuticals 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 Avendus Pharmaceuticals 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 Avendus Pharmaceuticals 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 Avendus Pharmaceuticals Private Limited
Avendus Pharmaceuticals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCA7070R1ZV | 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 Avendus Pharmaceuticals 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 Avendus Pharmaceuticals Private Limited
Avendus Pharmaceuticals is an active private limited company based in Nashik, Maharashtra, India. The company works in chemical products, within the chemicals industry. It was incorporated on 03 July 2014 (12+ years old) and is registered under CIN U74900MH2014PTC255818.
Avendus Pharmaceuticals reported revenue of ₹11.01 Lakh for FY 2023 (down 57% YoY).
Avendus Pharmaceuticals has 3 current directors:
- Shainesh Sidhan Pullani - Director
- Siddharth Prakash Shah - Director
- Sandesh Bipin Gujarathi - Director
Avendus Pharmaceuticals reported a net profit of ₹49,722 (net margin 4.5%) and EBITDA of ₹52,457 (EBITDA margin 4.8%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avendus Pharmaceuticals is -11% over three years and 20% over five years. In the latest year (FY 2023) revenue fell 57%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avendus Pharmaceuticals is 27AAMCA7070R1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avendus Pharmaceuticals is U74900MH2014PTC255818. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avendus Pharmaceuticals was incorporated on 03 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Avendus Pharmaceuticals by revenue are Lion in Pharmaceuticals India Private Limited, HCLK Pharmaceuticals Private Limited, Medsci Pharmaceuticals Private Limited, Medbro 5 India Pharmaceuticals Private Limited, Utrint Pharmaceuticals Private Limited and 5 more, all in the Pharma industry (Pharmaceuticals).
Sandesh Bipin Gujarathi was appointed as Director on 03 Jul 2014. Shainesh Sidhan Pullani was appointed as Director on 03 Jul 2014. Siddharth Prakash Shah was appointed as Director on 03 Jul 2014.
The registered office of Avendus Pharmaceuticals is at S 1506 7 8 P 11 Islamppura Ward Malegaon, Nashik, Maharashtra, India – 423203.