Joshika Pharma

Hyderabad, India Founded: 2016 • Age: 10 yrs
Develops innovative technologies for specialized pharmaceutical formulations.

About Joshika Pharma

Joshika Pharma is a Healthcare company based in Hyderabad (India) founded in 2016. It develops innovative technologies for specialized pharmaceutical formulations. It operates on a B2B model. Its Indian entity Joshika Pharma Private Limited reported revenue of β‚Ή8.35 Cr. Its focus areas include Pharmaceuticals, Drug Development and Niche Formulations. Its competitors include Unither, Akums, Jubilant Life Sciences, Recipharm and CoreRx and 3 more; 4 of its 8 listed competitors have raised funding.

Company details

Joshika Pharma operates with a B2B model, focusing on providing healthcare solutions, producing pharmaceutical products, drug development, and niche formulations. Develops innovative technologies for specialized pharmaceutical formulations. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Key Metrics
  • Annual Revenue
    ₹8.35 Cr

    FY 2023 · -56% YoY

  • Net Profit
    ₹3.3 Lakh

    FY 2023 · 0% margin

  • EBITDA
    ₹45.5 Lakh

    FY 2023 · 5% margin

Board of directors of Joshika Pharma Private Limited (Joshika Pharma)

Joshika Pharma Private Limited is the primary company behind Joshika Pharma. The board of Joshika Pharma Private Limited currently have 2 directors; the longest-serving is Usha Devalla, appointed in 2016. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Usha Devalla
DIN 07511156
Director25 May 201610 yrs 4 moJoshika Pharma Private Limited
Gamidi Rao Srinivasa
DIN 07511161
Director25 May 201610 yrs 4 moJoshika Pharma Private Limited

Financials of Joshika Pharma

Figures of Joshika Pharma Private Limited, the primary company behind Joshika Pharma, for FY 2023. Revenue was ₹8.35 Cr (-56% year on year). Net profit was ₹3.3 Lakh (0% margin). EBITDA was ₹45.5 Lakh (5% margin). Revenue has grown at a compounded annual rate of -6% over three years and +22% over five years.

  • ₹8.35 CrRevenue · FY 2023 · -56% YoY
  • ₹3.3 LakhNet profit · 0% margin
  • ₹45.5 LakhEBITDA · 5% margin
  • ₹40 LakhPaid-up capital
  • -6%Revenue CAGR, 3 years
  • +22%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Joshika Pharma Private Limited are on its company page.

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Detailed financial statements for Joshika Pharma

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Competitors of Joshika Pharma

Joshika Pharma has 8 listed competitors in our database, 4 of them funded. They include Unither, Akums, Jubilant Life Sciences, Recipharm and CoreRx, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
unither-pharma.com1993Paris, France––
Contract development and manufacturing organization for proprietary and generic drugs
akums.in2004Delhi, India$70M395
CDMO focusing on spectrum of dosage forms and therapeutic segments
jubl.com1978Noida, India––
Company offering a suite of R&D and manufacturing services for small molecules and generics
recipharm.com1995Jordbro, Sweden–1,083
Pharmaceutical development and manufacturing services are offered contractually.
corerxpharma.com2006Clearwater, United States$15M–
CDMO with a focus on early phase drug product development
neclife.com1995Chandigarh, India$46.85M175
Cephalosporin APIs and generic formulations are manufactured.
windlas.com2001Gurugram, India$12.96M1,264
Biopharma regulatory affairs, quality control, and strategy services are provided.
medpharm.com1998Guildford, United Kingdom–108
Topical and inhaled drug delivery formulations are developed and manufactured.
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Detailed competitors of Joshika Pharma

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Top companies in Pharmaceuticals & Distribution

10 companies that operate in the same segment as Joshika Pharma (Pharmaceuticals & Distribution), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Pharmaceutical products are manufactured and marketed worldwide.
1891Kenilworth, Warwickshire, United Kingdom–USD 64.93 B781
Therapeutics for neurology, oncology, rare, and endocrinology diseases are developed.
2014New York, New York, United StatesUSD 1.3 BUSD 8.26 M750
Developer of pharmaceutical products for treating multiple diseases
1980Thousand Oaks, California, United States–USD 33.23 B28,000
Biopharmaceutical research and drug development are conducted globally by AbbVie.
2012Chicago, Illinois, United States–USD 61.16 B55,000
Traditional pharmaceutical medicines are developed for multiple health fields.
1876United States–USD 65.18 B47,000
Developer of medicines to treat HIV/AIDS, liver diseases, cancer & others
1987Foster City, California, United States–USD 29.45 B17,600
Novel therapeutics are discovered using an AI-enabled drug platform.
2013New York, New York, United StatesUSD 456.66 MUSD 74.68 M–
Treatments for anemia and fibrosis by exploiting connective tissue growth factor (CTGF) and hypoxia-inducible factor (HIF) biology.
1993San Francisco, California, United StatesUSD 215.5 MUSD 29.62 M225
Developer of medical devices, generic pharmaceuticals, and nutrition products
1888Libertyville, Illinois, United States–USD 44.33 B3,710
Medicines and health products are retailed through pharmacy outlets.
2006Hyderabad, Telangana, IndiaUSD 268.78 MUSD 734.57 M25,010
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Frequently Asked Questions about Joshika Pharma

Joshika Pharma was founded in 2016.

Joshika Pharma is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

The primary company behind Joshika Pharma, Joshika Pharma Private Limited, reported revenue of β‚Ή8.35 Cr for FY 2023, down 56% year on year.

Joshika Pharma operates with a B2B model, focusing on providing healthcare solutions, producing pharmaceutical products, drug development, and niche formulations. Develops innovative technologies for specialized pharmaceutical formulations. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Joshika Pharma's top competitors include Jubilant Life Sciences, Akums and Nectar Lifesciences.

Joshika Pharma operates through Joshika Pharma Private Limited.

The legal entities of Joshika Pharma currently have 2 directors, including Usha Devalla, Gamidi Rao Srinivasa.

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