About Azalea Biotec Private Limited
Data last updated:
Azalea Biotec 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 12 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2009PTC192323. Its GSTIN is 27AAHCA7889F1Z6 (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹2.1 Lakh. It is led by directors including Vishal Dattatray Durgade and Avinash Vitthal Khatave.
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 6 Ground Floor Alankar Premises Co – Op. Soc. Ltd. Dindoshi Goregaon (East), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.21 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹3.98 Lakh (net margin -1.8%) and EBITDA of ₹2.78 Lakh (EBITDA margin 1.3%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 1% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website azaleabiotec.com.
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- Website
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- Registered Address6 Ground Floor Alankar Premises Co – Op. Soc. Ltd. Dindoshi Goregaon (East), Mumbai, Maharashtra, India – 400063
- 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
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Business Activity of Azalea Biotec Private Limited
The main business activity of Azalea Biotec is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | 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 Azalea Biotec Private Limited FY 2025 filings available
Azalea Biotec Private Limited reported revenue of ₹2.21 Cr (up 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Azalea Biotec Private Limited
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 804% 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 Azalea Biotec 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 | ₹2.21 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.78 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.98 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 Azalea Biotec Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.8% | •••• | •••• | •••• | •••• |
| 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 Azalea Biotec 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.
Peer Comparison of Azalea Biotec Private Limited
Azalea Biotec 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 |
|---|---|---|---|---|---|---|
| Triveni Medicare Private Limited | ₹2.22 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Lucknow, Uttar Pradesh, India |
| Tanayu Pharmaceutical Private Limited | ₹2.22 Cr (FY 2025) | •••• | •••• | 100.0% | •••• | Thane, Maharashtra, India |
| Norman Pharmaceuticals Private Limited | ₹2.21 Cr (FY 2023) | •••• | •••• | 43.0% | •••• | Mumbai, Maharashtra, India |
| Sunanda Medicare Services Private Limited | ₹2.21 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Kozhikode, Kerala, India |
| Transcend Therapeutics Private Limited | ₹2.21 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Chennai, Tamil Nadu, India |
| Azalea Biotec Private Limited this company | ₹2.21 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Medsign Biotech Private Limited | ₹2.2 Cr (FY 2022) | •••• | •••• | -48.0% | •••• | New Delhi, Delhi, India |
| Marutham Pharmacy Private Limited | ₹2.2 Cr (FY 2022) | •••• | •••• | -49.0% | •••• | Coimbatore, Tamil Nadu, India |
| Zwitter Biotech Private Limited | ₹2.2 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Kanpur, Uttar Pradesh, India |
| Yash Distributors Private Limited | ₹2.2 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Kankavli, Maharashtra, India |
| Act Lifesciences Private Limited | ₹2.2 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Azalea Biotec 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 Azalea Biotec Private Limited
Azalea Biotec Private Limited is audited by LIMAYE AND COMPANY for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| LIMAYE AND COMPANY | 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.
Board of Directors of Azalea Biotec Private Limited
Azalea Biotec has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Dattatray Durgade Also directs: Eleazar Clinical Pharmacy LLP, VKB Biochem LLP, Shivflex Pipes Private Limited and 1 more | Director | 12 May 2009 | 17 Years 5 Months | Current |
| Avinash Vitthal Khatave | Director | 12 May 2009 | 17 Years 5 Months | Current |
| Arun Shrikant Kore Also directs: Nirmiti Green Industries LLP, Bman Developers LLP, Irale and Kore Developers LLP and 1 more | Director | 12 May 2009 | 17 Years 5 Months | Current |
Ownership and Shareholding of Azalea Biotec 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 Azalea Biotec Private Limited
Azalea Biotec Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Azalea Biotec Private Limited
Azalea Biotec Private Limited has a workforce of 12 employees as of Dec 30, 2024.
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 Azalea Biotec Private Limited
Azalea Biotec Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Arun Shrikant Kore was appointed as Director on 12 May 2009.
Credit Ratings, Litigation & Regulatory Alerts for Azalea Biotec 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 Azalea Biotec 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 Azalea Biotec 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 Azalea Biotec Private Limited
Azalea Biotec has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCA7889F1Z6 | 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 Azalea Biotec 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 Azalea Biotec Private Limited
Azalea Biotec 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 12 May 2009 (17+ years old) and is registered under CIN U24100MH2009PTC192323.
Azalea Biotec reported revenue of ₹2.21 Cr for FY 2024 (up 2% YoY).
Azalea Biotec has 3 current directors:
- Vishal Dattatray Durgade - Director
- Avinash Vitthal Khatave - Director
- Arun Shrikant Kore - Director
Azalea Biotec reported a net loss of ₹3.98 Lakh (net margin -1.8%) and EBITDA of ₹2.78 Lakh (EBITDA margin 1.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Azalea Biotec is 4% over three years and -1% over five years. In the latest year (FY 2024) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Azalea Biotec is 27AAHCA7889F1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Azalea Biotec is U24100MH2009PTC192323. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Azalea Biotec was incorporated on 12 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Azalea Biotec by revenue are Triveni Medicare Private Limited, Tanayu Pharmaceutical Private Limited, Norman Pharmaceuticals Private Limited, Sunanda Medicare Services Private Limited, Transcend Therapeutics Private Limited and 5 more, all in the Pharma industry (Pharma Retail and Distribution).
Arun Shrikant Kore was appointed as Director on 12 May 2009. Avinash Vitthal Khatave was appointed as Director on 12 May 2009. Vishal Dattatray Durgade was appointed as Director on 12 May 2009.
Azalea Biotec can be reached through the website azaleabiotec.com. Its registered office is in Mumbai, Maharashtra, India.