Avik Pharmaceutical Limited

Avik Pharmaceutical Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U99999MH1979PLC021711 Incorporated 25 September 1979 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company pharma
Data last updated
Revenue · FY 2025
₹103.38 Cr
▲ 29.00% YoY
EBITDA · FY 2025
*****
▲ 82.00% YoY
Net profit · FY 2025
*****
▲ 78.00% YoY
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹10.88 Cr
Issued & subscribed
Open charges
₹25.43 Cr
Satisfied ₹19.02 Cr
Company age
47 yrs
Est. 1979
Employees · EPFO
174
Latest available

About Avik Pharmaceutical Limited

Data last updated: 05 January 2026

Avik Pharmaceutical Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in api manufacturers, a part of the broader pharmaceuticals sector. Incorporated on 25 September 1979, the company has been in operation for over 47 years.

Registered with ROC Mumbai under CIN U99999MH1979PTC021711.

Capital: an authorised share capital of ₹12 Cr and a paid-up capital of ₹10.88 Cr. Formerly known as Avik Pharmaceuticals Limited and Avik Pharmaceuticals Private Limited. It is led by directors including Raj Kamal Prasad Verma and Anant Rajendralal Thakore.

Last AGM: 11 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹103.38 Cr, a growth of 29% compared to the previous year.

The company has a workforce of approximately 174 employees as per the latest available data.

The company is associated with 1 brand - Avik Pharmaceuticals. As per MCA filings, the company has open charges of ₹25.43 Cr and satisfied charges of ₹19.02 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 avikpharma.com.

Company Details of Avik Pharmaceutical Limited
CIN U99999MH1979PLC021711
Registration Number 021711
Incorporation Date 25 September 1979
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 11 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
  • Registered Address
    Arvind Chambers Gauri Compound 188 Kurla Road Ground Floor Western Express Highway An, Dheri (E), Mumbai, Maharashtra, India – 400069
  • Industry
    Pharma, API Manufacturers
Company report
Avik Pharmaceutical Limited - full intelligence report
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  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Avik Pharmaceutical Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Avik Pharmaceutical Limited

Avik Pharmaceutical Limited has undergone 2 name changes throughout its history. The company was previously known as Avik Pharmaceuticals Limited, and Avik Pharmaceuticals Private Limited. The current legal name is Avik Pharmaceutical Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Avik Pharmaceutical Limited Current
Avik Pharmaceuticals Limited Previous
Avik Pharmaceuticals Private Limited Previous

CIN History of Avik Pharmaceutical Limited

Avik Pharmaceutical Limited has one previous CIN (Corporate Identification Number): U99999MH1979PTC021711. The current CIN is U99999MH1979PLC021711, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U99999MH1979PLC021711 Current
U99999MH1979PTC021711 Previous

Associated Brands with Avik Pharmaceutical Limited

Avik Pharmaceutical Limited operates one associated brand: Avik Pharmaceuticals. These brands represent Avik Pharmaceutical Limited's diversified market presence and brand portfolio.

Brand Description Website
Manufactures corticosteroids and steroid APIs for pharmaceutical industry. avikpharma.com

Competitors & Alternatives of Avik Pharmaceutical Limited

Brands and companies operating in the same space as Avik Pharmaceutical Limited include Laurus Labs, Symbiotec, Beijing Biostar Technologies and 6 more.

Competitor Description Location Founded
Laurus Labs Laurus Labs Pharmaceutical and biotechnology company Hyderabad, India, India 2005
Symbiotec Symbiotec Non-sterile steroid hormone-based APIs and intermediates are manufactured. Indore, India, India 2002
Beijing Biostar Technologies Beijing Biostar Technologies APIs, intermediates, and biochemical reagents are developed and manufactured. Beijing, China, China 2002
Sterling Pharma Solutions Sterling Pharma Solutions Contract development, manufacturing, and analytical services for APIs are offered. Dudley, United Kingdom, United Kingdom 2016
Provepharm Life Solutions Provepharm Life Solutions APIs and drug products are developed and valorized in pharmaceuticals. Marseille, France, France 1998
Hikal Hikal APIs and intermediates are produced via custom synthesis and research. Mumbai, India, India 1988
Snapdragon Chemistry Snapdragon Chemistry Drug discovery and development service provider Cambridge, United States, United States 2014
SeQuent SeQuent APIs are developed and manufactured for therapeutic areas. Bengaluru, India, India 2002
Jubilant Pharma Jubilant Pharma Pharmaceuticals, APIs, and radiopharmaceuticals are manufactured by the company. Noida, India, India 1978

Business Activity of Avik Pharmaceutical Limited

Avik Pharmaceutical Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C6 Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products *********

Board of Directors of Avik Pharmaceutical Limited

Avik Pharmaceutical Limited is currently managed by 8 directors, with 14 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Raj Kamal Prasad Verma Director 16 Sep 2024 1 Years 9 Months Current
Anant Rajendralal Thakore Managing Director 25 Sep 1979 46 Years 9 Months Current
Sushil Kumar Kumra Director 16 Sep 2024 1 Years 9 Months Current
Jeevan Lal Nagori Director 18 Nov 2013 12 Years 7 Months Current
Neha Anant Thakore Whole-Time Director 04 Jan 2022 4 Years 6 Months Current
Rajeshree Maruti Chougule Company Secretary 15 Nov 2024 1 Years 7 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Avik Pharmaceutical Limited FY 2025 filings available

Avik Pharmaceutical Limited reported revenue of ₹103.38 Cr (up 29% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹103.38 Cr ▲ 29%
Profit
***** ▲ 78%
EBITDA
***** ▲ 82%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
*****
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings of Avik Pharmaceutical Limited

Open charges
₹25.43 Cr
Satisfied charges
₹19.02 Cr
Breakdown by lending institutions
Yes Bank Limited₹25.43 Cr
Latest charge details
DateLenderAmountStatus
04 Jun 2025 Yes Bank Limited ₹5 Cr Open
20 May 2015 Yes Bank Limited ₹20.43 Cr Open
21 Apr 1999 Indian Bank ₹12.39 Cr Satisfied
04 Mar 1998 Central Bank of India ₹1.3 Cr Satisfied
28 Apr 1994 Indian Bank ₹25 Lakh Satisfied

Total charge records: 23 View all charges

Employees and EPFO Compliance at Avik Pharmaceutical Limited

View historical data on people associated with Avik Pharmaceutical Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Avik Pharmaceutical Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Avik Pharmaceutical Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Avik Pharmaceutical Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Avik Pharmaceutical Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Avik Pharmaceutical Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Avik Pharmaceutical Limited

MSME Payment Delays by Avik Pharmaceutical Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Avik Pharmaceutical Limited

Subsidiaries & Group Companies of Avik Pharmaceutical Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Avik Pharmaceutical Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Avik Pharmaceutical Limited

MCA Filings & Documents of Avik Pharmaceutical Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Avik Pharmaceutical Limited

Directors
12 Oct 2025
Sarita Loriknath Yadav was appointed as a Cfo on 12 Oct 2025 & has been associated with this company since 8 months 29 days.
Activity
11 Sep 2025
Avik Pharmaceutical Limited last Annual general meeting of members was held on 11 Sep 2025 as per latest MCA records.
Charges
04 Jun 2025
A charge with Yes Bank Limited amounted to Rs. 5.00 Cr with Charge ID 101111400 was registered on 04 Jun 2025.
Activity
31 Mar 2025
Avik Pharmaceutical Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Directors
19 Dec 2024
Rajeshree Maruti Chougule was appointed as a Company Secretary on 19 Dec 2024 & has been associated with this company since 1 year 6 months.
Directors
15 Nov 2024
Rajeshree Maruti Chougule was appointed as a Company Secretary on 15 Nov 2024 & has been associated with this company since 1 year 7 months.

Frequently Asked Questions about Avik Pharmaceutical Limited

Avik Pharmaceutical Limited is an active public limited company in the pharma sector based in Mumbai, Maharashtra, India. It was incorporated on 25 September 1979 (47+ years old) and is registered under CIN U99999MH1979PLC021711. The company has 174 employees.

Avik Pharmaceutical Limited reported revenue of ₹103.38 Cr for FY 2025 (up 29.00% YoY).

The current directors of Avik Pharmaceutical Limited are:

The primary industry of Avik Pharmaceutical Limited is pharma. The company specifically operates in api manufacturers. The company is currently active in this sector.

Avik Pharmaceutical Limited can be reached at the registered office: Arvind Chambers Gauri Compound 188 Kurla Road Ground Floor Western Express Highway An, Dheri E, Mumbai, Maharashtra, India – 400069, or through the website avikpharma.com.

The authorised capital is ₹12 Cr, and the paid-up capital is ₹10.88 Cr.

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