About Nitika Pharmaceuticals
Nitika Pharmaceuticals is a Healthcare company based in Nagpur (India) founded in 1991. Manufacturing of pharmaceutical excipients, antacid actives, and mineral salts in India. It operates in the Healthcare and Chemicals & Materials sectors. The company has 122 employees. Its Indian entity Nitika Pharmaceutical Specialities Private Limited reported revenue of ₹80.91 Cr. Nitika Pharmaceuticals offers products and services including Magnesium Stearate and Antacid Actives. Its focus areas include Pharmaceuticals, Manufacturing, Excipients and Pharmaceutical Excipients.
Company details
Nitika Pharmaceutical Specialities Pvt. Ltd. was established in 1991 and has grown into a key producer of pharmaceutical excipients and related products. A wide array of items, including Magnesium Stearate and Super Disintegrants, are manufactured for global markets such as South Asia, the Middle East, and the US. The company is recognized for maintaining high quality standards and holds a DMF for certain products. Its facilities in Nagpur support research, development, and production across various industry applications, ensuring products meet worldwide acceptance.
- Headquarters Nagpur, India
- Employees 122
- SectorsHealthcareChemicals & Materials
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- Legal Name Nitika Pharmaceutical Specialities Pvt. Ltd.
- Date of Incorporation 12 Mar, 2011
- Jurisdiction Nagpur, Maharashtra, India
- Annual Revenue₹80.91 Cr
FY 2024 · +35% YoY
- Net Profit₹5.71 Cr
FY 2024 · 7% margin
- EBITDA₹12.45 Cr
FY 2024 · 15% margin
- Employee Count122
Associated legal entities of Nitika Pharmaceuticals
Nitika Pharmaceuticals operates through Nitika Pharmaceutical Specialities Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nitika Pharmaceutical Specialities Private Limited CIN U24230MH2011PTC214662 | Active | 12 Mar 2011 | Nagpur, Maharashtra | ₹80.9 Cr | 122 | 3 | View details |
Products & Services of Nitika Pharmaceuticals
Nitika Pharmaceuticals offers a comprehensive portfolio of products and services, including Magnesium Stearate and Antacid Actives.
Magnesium Stearate is manufactured as a lubricant for pharmaceutical tablets and is supplied for formulation purposes.
Antacid actives such as Magaldrate are produced for use in antacid formulations and related pharmaceutical applications.
Board of directors of Nitika Pharmaceutical Specialities Private Limited (Nitika Pharmaceuticals)
Nitika Pharmaceutical Specialities Private Limited is the primary company behind Nitika Pharmaceuticals. The board of Nitika Pharmaceutical Specialities Private Limited currently have 3 directors; the longest-serving is Ravleen Singh Khurana, appointed in 2011. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravleen Singh Khurana DIN 02822852 | Director | 12 Mar 2011 | 15 yrs 7 mo | Nitika Pharmaceutical Specialities Private Limited |
| Manojkumar Badrinarayan Agrawal DIN 07692943 | Director | 10 Jul 2018 | 8 yrs 3 mo | Nitika Pharmaceutical Specialities Private Limited |
| Parvinder Singh DIN 08476447 | Director | 11 Jul 2019 | 7 yrs 3 mo | Nitika Pharmaceutical Specialities Private Limited |
Financials of Nitika Pharmaceuticals
Figures of Nitika Pharmaceutical Specialities Private Limited, the primary company behind Nitika Pharmaceuticals, for FY 2024. Revenue was ₹80.91 Cr (+35% year on year). Net profit was ₹5.71 Cr (7% margin). EBITDA was ₹12.45 Cr (15% margin). Revenue has grown at a compounded annual rate of +23% over three years and +20% over five years.
- ₹80.91 CrRevenue · FY 2024 · +35% YoY
- ₹5.71 CrNet profit · 7% margin
- ₹12.45 CrEBITDA · 15% margin
- ₹3.14 CrPaid-up capital
- 122Employees (provident fund records)
- +23%Revenue CAGR, 3 years
- +20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nitika Pharmaceutical Specialities Private Limited are on its company page.
Detailed financial statements for Nitika Pharmaceuticals
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Frequently Asked Questions about Nitika Pharmaceuticals
Nitika Pharmaceuticals was founded in 1991.
Nitika Pharmaceuticals is headquartered in Nagpur, India. It is registered at Nagpur, Maharashtra, India.
Nitika Pharmaceuticals has 122 employees.
The primary company behind Nitika Pharmaceuticals, Nitika Pharmaceutical Specialities Private Limited, reported revenue of ₹80.91 Cr for FY 2024, up 35% year on year.
Nitika Pharmaceutical Specialities Pvt. Ltd. was established in 1991 and has grown into a key producer of pharmaceutical excipients and related products. A wide array of items, including Magnesium Stearate and Super Disintegrants, are manufactured for global markets such as South Asia, the Middle East, and the US. The company is recognized for maintaining high quality standards and holds a DMF for certain products. Its facilities in Nagpur support research, development, and production across various industry applications, ensuring products meet worldwide acceptance.
Nitika Pharmaceuticals offers Magnesium Stearate and Antacid Actives.
Nitika Pharmaceuticals operates through Nitika Pharmaceutical Specialities Private Limited.
The legal entities of Nitika Pharmaceuticals currently have 3 directors, including Ravleen Singh Khurana, Manojkumar Badrinarayan Agrawal, Parvinder Singh.