About Baroque Pharma
Baroque Pharma is a Healthcare company based in Khambhat (India) founded in 1994. Affordable pharmaceuticals are manufactured across therapeutic categories. It operates on a Direct-to-Consumer (D2C) and Reseller / Distribution model. The company has 208 employees. Baroque Pharma was last valued at $5.5 million in March 2018. Its Indian entity Baroque Pharmaceuticals Pvt Ltd reported revenue of ₹102 Cr. Baroque Pharma offers products and services including Antibiotics, Pain Management, and Nutraceuticals. Its focus areas include Pharmaceuticals and Drug Manufacturing.
Company details
Baroque Pharma is involved in the development and manufacturing of pharmaceutical products, focusing on a wide portfolio that includes antibiotics, pain management, and wellness solutions like nutraceuticals. The company operates in the healthcare sector, serving both domestic and international markets across Europe, Latin America, Africa, and South East Asia. Commitment to quality, innovation, and regulatory compliance is maintained through state-of-the-art RD centers and EU GMP-approved manufacturing plants. Sustainable practices and customer-centric approaches are prioritized to enhance global health outcomes.
- Headquarters Khambhat, India
- Employees 208
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website baroquepharma.com
- Social LinkedIn Instagram
- Legal Name Baroque Pharmaceuticals
- Date of Incorporation 23 Nov, 1993
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹102 Cr
FY 2025 · +7% YoY
- Net Profit₹11.20 Cr
FY 2025 · 11% margin
- EBITDA₹24.88 Cr
FY 2025 · 24% margin
- Latest Funding Round$1.64M (USD), Unspecified
Mar 2018
- Employee Count208
Associated legal entities of Baroque Pharma
Baroque Pharma operates through Baroque Pharmaceuticals Pvt Ltd (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Baroque Pharmaceuticals Pvt Ltd CIN U24230GJ1993PTC020695 | Active | 23 Nov 1993 | Ahmedabad, Gujarat | ₹102 Cr | 227 | 4 | View details |
Products & Services of Baroque Pharma
Baroque Pharma offers a comprehensive portfolio of products and services, including Antibiotics, Pain Management, and Nutraceuticals.
Medicines for treating bacterial infections are provided by Baroque.
Solutions for pain relief are offered by Baroque Pharma.
Health supplements for wellness are produced by Baroque Pharma.
Funding Insights of Baroque Pharma
- Total Rounds 2
- Last Round Unspecified — $1.64M
- First Round $663,196
(Mar 2016)
- Investors Count 2
All 2 funding rounds of Baroque Pharma with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2018 | $1.64M | Unspecified | $5.5M | Replicaremedies | – |
| Mar 2016 | $663,196 | Unspecified | $1.35M | Replicaremedies |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2018 | $5.5M | •••••••• |
| Mar 2016 | $1.35M | •••••••• |
Last known valuation $5.5M (Mar 2018). 2 investors in total: 1 institutional and 1 angel.
Investors in Baroque Pharma
Baroque Pharma has secured backing from 2 investors, including institutional and angel investors. Prominent investors backing the company include Replicaremedies and Jayantibhai Meghjibhai Patel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| replicaremedies.tcc.mode | ||||
JM Jayantibhai Meghjibhai Patel | unknown_e4594b284e104a908 |
Investor details for Baroque Pharma
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Baroque Pharmaceuticals Pvt Ltd (Baroque Pharma)
Baroque Pharmaceuticals Pvt Ltd is the primary company behind Baroque Pharma. The board of Baroque Pharmaceuticals Pvt Ltd currently have 4 directors; the longest-serving is Jayantibhai Dhulabhai Patel, appointed in 1996. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jayantibhai Dhulabhai Patel DIN 00336835 | Managing Director | 01 Apr 1996 | 30 yrs 6 mo | Baroque Pharmaceuticals Pvt Ltd |
| Pragnesh Jayantibhai Patel DIN 00336790 | Director | 01 May 2003 | 23 yrs 5 mo | Baroque Pharmaceuticals Pvt Ltd |
| Jignesh Mayurbhai Patel DIN 02194627 | Whole-time director | 01 Apr 2008 | 18 yrs 6 mo | Baroque Pharmaceuticals Pvt Ltd |
| Lalit Rameshchandra Saraswat DIN 03562155 | Director | 01 May 2011 | 15 yrs 5 mo | Baroque Pharmaceuticals Pvt Ltd |
Financials of Baroque Pharma
Figures of Baroque Pharmaceuticals Pvt Ltd, the primary company behind Baroque Pharma, for FY 2025. Revenue was ₹102 Cr (+7% year on year). Net profit was ₹11.20 Cr (11% margin). EBITDA was ₹24.88 Cr (24% margin). Revenue has grown at a compounded annual rate of +2% over three years and +4% over five years.
- ₹102 CrRevenue · FY 2025 · +7% YoY
- ₹11.20 CrNet profit · 11% margin
- ₹24.88 CrEBITDA · 24% margin
- ₹1.68 CrPaid-up capital
- 227Employees (provident fund records)
- +2%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Baroque Pharmaceuticals Pvt Ltd are on its company page.
Detailed financial statements for Baroque Pharma
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Baroque Pharma
4 dated milestones of Baroque Pharma across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Baroque Pharma is founded.
- Funding First funding round of $663K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Unspecified, of $1.6M.
Web traffic of Baroque Pharma
Websites that share an audience with Baroque Pharma (baroquepharma.com).
Websites whose visitors overlap most with Baroque Pharma. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
merrilpharma.com | merrilpharma.com | 100% | – | ||
| shelter.co.in | 100% | 1.8K | #8,622,583 | View details | |
| nabros.in | 100% | View details | |||
| cimconautomation.com | 99% | #8,983,135 | View details | ||
couplings-mounts.com | couplings-mounts.com | 99% | #12,846,986 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 26 similar websites and full traffic analytics for Baroque Pharma
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 26 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Traditional Health & Nutrition
3 companies that operate in the same segment as Baroque Pharma (Traditional Health & Nutrition) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Oral solid drug delivery systems are manufactured and developed. | 1985 | Mumbai, Maharashtra, India | USD 42.49 M | USD 89.42 M | 962 | |
Generic, semi-solid, and liquid dosage forms are manufactured. | 1990 | Bengaluru, Karnataka, India | USD 508.93 M | 5,180 | ||
Specialty generic pharmaceuticals and APIs are manufactured and marketed. | 1983 | Mumbai, Maharashtra, India | USD 6.21 B | 25,870 |
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Frequently Asked Questions about Baroque Pharma
Baroque Pharma was founded in 1994 and raised its 1st funding round 22 years after it was founded.
Baroque Pharma is headquartered in Khambhat, India. It is registered at Khambhat, Gujarat, India.
Baroque Pharma has 208 employees.
The primary company behind Baroque Pharma, Baroque Pharmaceuticals Pvt Ltd, reported revenue of ₹102 Cr for FY 2025, up 7% year on year.
Baroque Pharma is involved in the development and manufacturing of pharmaceutical products, focusing on a wide portfolio that includes antibiotics, pain management, and wellness solutions like nutraceuticals. The company operates in the healthcare sector, serving both domestic and international markets across Europe, Latin America, Africa, and South East Asia. Commitment to quality, innovation, and regulatory compliance is maintained through state-of-the-art RD centers and EU GMP-approved manufacturing plants. Sustainable practices and customer-centric approaches are prioritized to enhance global health outcomes.
Baroque Pharma offers Antibiotics, Pain Management, and Nutraceuticals.
Baroque Pharma has 2 investors. Key investors include Replicaremedies, and Jayantibhai Meghjibhai Patel.
The valuation of Baroque Pharma is $5.5M as of Mar 2018.
Baroque Pharma operates through Baroque Pharmaceuticals Pvt Ltd.
The legal entities of Baroque Pharma currently have 4 directors, including Jignesh Mayurbhai Patel, Jayantibhai Dhulabhai Patel, Lalit Rameshchandra Saraswat and others.