- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0037421

About Aztec Pharma Private Limited
Data last updated:
Aztec Pharma Private Limited is a private limited company based in Surendranagar, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 11 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24230GJ2011PTC063594. Its GSTIN is 24AAJCA1348K1ZP (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors Jatin Ramniklal Vora and Sunitha Sajan Unnithan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1st Floor Office No. 5 Ajraamar Commercial Complex Alankar Talkies Road Near Bsnl Office, Surendranagar, Gujarat, India – 363001.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.65 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹1.37 Cr (net margin 20.6%) and EBITDA of ₹1.9 Cr (EBITDA margin 28.6%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 1% over five years.
The company is associated with 1 brand: 24Corbelle.
Aztec Pharma Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0037421). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website azztecpharma.com.
Company details
Recognitions & Rankings of Aztec Pharma
Contact details
Aztec Pharma Private Limited's registered office is in Surendranagar, Gujarat. Its website is azztecpharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1st Floor Office No. 5 Ajraamar Commercial Complex Alankar Talkies Road Near Bsnl Office, Surendranagar, Gujarat, India – 363001
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Aztec Pharma 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
Aztec Pharma operates one associated brand: 24Corbelle. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Organic certified cosmetics are supplied by 24Corbelle for skin, hair, and body care, emphasizing natural and sustainable practices. | 24corbelle.com |
Business activity
The main business activity of Aztec Pharma is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Aztec Pharma Private Limited, buy the company report.
Financials of Aztec Pharma Private Limited
FY 2024 filings availableAztec Pharma Private Limited reported revenue of ₹6.65 Cr (down 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 26% fall in the latest year. EBITDA fell 2% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.9 Cr | ||||
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| Net Profit (PAT) | ₹1.37 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 28.6% | ||||
| Net Profit Margin | 20.6% | ||||
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To see the full financial statements and ratios of Aztec Pharma Private Limited, buy the company report.
Board of directors of Aztec Pharma Private Limited
Aztec Pharma has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jatin Ramniklal Vora Also directs: Alvita Foundation | Director | 18 Mar 2014 | 12 Years 7 Months | Current |
| Sunitha Sajan Unnithan | Director | 18 Mar 2014 | 12 Years 7 Months | Current |
Peer comparison
Aztec Pharma Private Limited is compared with the 4 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GMP Formulations Private Limited | ₹6.68 Cr (FY 2024) | 23.0% | Hyderabad, Telangana, India | |||
| Aztec Pharma Private Limitedthis company | ₹6.65 Cr (FY 2025) | ₹1.37 Cr | 20.6% | -26.0% | Surendranagar, Gujarat, India | |
| Albios Lifesciences Private Limited | ₹6.63 Cr (FY 2025) | 77.0% | Ahmedabad, Gujarat, India | |||
| Fedley Healthcare Private Limited | ₹6.61 Cr (FY 2024) | -6.0% | Raipur Rani, Haryana, India | |||
| Winy Healthcare Private Limited | ₹6.6 Cr (FY 2024) | 17.0% | Agra, Uttar Pradesh, India |
To see the full peer comparison of Aztec Pharma Private Limited, buy the company report.
Auditor
Aztec Pharma Private Limited is audited by JINESH R. BHAGDEV AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JINESH R. BHAGDEV AND CO. | FY 2023 | 143988W |
Shareholding
The shareholding of Aztec Pharma Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aztec Pharma Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aztec Pharma 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
Aztec Pharma Private Limited has 13 MSME Form 1 returns on record between 2018 and 2024, listing 49 overdue payments to 21 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Phoeniix Print Solutions Private Limited | |||
| Infilate Media Private Limited | |||
| Natchart Shipping Private Limited | |||
| Laxmi Industries |
To see the full MSME payment records of Aztec Pharma Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Aztec Pharma has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCA1348K1ZP | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aztec Pharma Private Limited, buy the company report.
Recent activity
Aztec Pharma Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Manoj Ramaniklal Vora ceased to be Director on 22 Dec 2014.
Frequently asked questions
Aztec Pharma is an active private limited company based in Surendranagar, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 11 January 2011 (15+ years old) and is registered under CIN U24230GJ2011PTC063594.
Aztec Pharma has 2 current directors:
- Jatin Ramniklal Vora - Director
- Sunitha Sajan Unnithan - Director
The latest financial statements of Aztec Pharma on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Aztec Pharma is 24AAJCA1348K1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Aztec Pharma is U24230GJ2011PTC063594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aztec Pharma was incorporated on 11 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Aztec Pharma by revenue are GMP Formulations Private Limited, Albios Lifesciences Private Limited, Fedley Healthcare Private Limited, Winy Healthcare Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (wholesale trading).
Manoj Ramaniklal Vora ceased to be Director on 22 Dec 2014. Sajan Parmeswaran Unnithan ceased to be Director on 22 Dec 2014. Jatin Ramniklal Vora ceased to be Additional Director on 30 Sep 2014. Aztec Pharma has 6 board changes on record in total.
Yes, Aztec Pharma is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0037421).
Aztec Pharma has 13 MSME Form 1 returns on record between 2018 and 2024, listing 49 overdue payments to 21 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Aztec Pharma can be reached through the website azztecpharma.com. Its registered office is in Surendranagar, Gujarat, India.
The registered office of Aztec Pharma is at 1st Floor Office No. 5 Ajraamar Commercial Complex Alankar Talkies Road Near Bsnl Office, Surendranagar, Gujarat, India – 363001.