MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0071571
Baroda Chemist Private Limited
Baroda Chemist Private Limited - pharma in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.2 Cr
▼ 26% YoY
Net profit · FY 2025
₹1.59 Lakh
Net margin 1.3%
EBITDA · FY 2025
₹4.51 Lakh
EBITDA margin 3.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹37 Lakh
Secured borrowings
Company age
76 yrs
Est. 1950
Directors on board
3
As per MCA filings
About Baroda Chemist Private Limited
Data last updated:
Baroda Chemist Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 06 November 1950 and has been in existence for over 76 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1950PTC000524. Its GSTIN is 24AAACB9408L1ZM (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Krishneel Thakkar and Dakshay Hasmukhbhai Thakkar.
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 Ghee Kanta Vad Falia Behind Raopura Tower Raopura, Vadodara, Gujarat, India – 390001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.2 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹1.59 Lakh (net margin 1.3%) and EBITDA of ₹4.51 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹37 Lakh on record.
Baroda Chemist Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0071571). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24231GJ1950PTC000524
Registration Number 000524
Incorporation Date 06 November 1950
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0071571
Key People
Krishneel Thakkar Director Dakshay Hasmukhbhai Thakkar Director Dhrutika Dakshay Thakkar Director Recognitions & Rankings of Baroda Chemist
Contact details
Baroda Chemist Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGhee Kanta Vad Falia Behind Raopura Tower Raopura, Vadodara, Gujarat, India – 390001
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Baroda Chemist Private Limited, buy the company report.
Comprehensive company report
Baroda Chemist Private Limited - one report that includes everything
- 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
The main business activity of Baroda Chemist 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 Baroda Chemist Private Limited, buy the company report.
Financials of Baroda Chemist Private Limited
FY 2025 filings availableBaroda Chemist Private Limited reported revenue of ₹1.2 Cr (down 26% YoY) for FY 2025.
Revenue · FY 2025
₹1.2 Cr ▼ 26%
Net profit · FY 2025
₹1.59 Lakh margin 1.3%
EBITDA · FY 2025
₹4.51 Lakh margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▼ 63%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 39%
5 years · compounded
▼ 3%
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 33% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.51 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.59 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Baroda Chemist Private Limited, buy the company report.
Board of directors of Baroda Chemist Private Limited
Baroda Chemist has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishneel Thakkar | Director | 26 Nov 2019 | 6 Years 11 Months | Current |
| Dakshay Hasmukhbhai Thakkar | Director | 01 Apr 1989 | 37 Years 7 Months | Current |
| Dhrutika Dakshay Thakkar | Director | 17 Aug 2015 | 11 Years 2 Months | Current |
Peer comparison
Baroda Chemist Private Limited is compared with the 4 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| E M Pharmaceuticals Private Limited | ₹1.2 Cr (FY 2025) | -6.0% | Mumbai, Maharashtra, India | |||
| Healthmate Pharmaceuticals Private Limited | ₹1.2 Cr (FY 2025) | 9.0% | Lucknow, Uttar Pradesh, India | |||
| Baroda Chemist Private Limitedthis company | ₹1.2 Cr (FY 2025) | ₹1.59 Lakh | 1.3% | -26.0% | Vadodara, Gujarat, India | |
| Medical Mart Limited | ₹1.19 Cr (FY 2024) | -14.0% | Hyderabad, Telangana, India | |||
| Ishavarni Health Care Private Limited | ₹1.19 Cr (FY 2025) | 0.0% | Dehradun, Uttarakhand, India |
To see the full peer comparison of Baroda Chemist Private Limited, buy the company report.
Auditor
Baroda Chemist Private Limited is audited by SURESH THAKKAR &CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH THAKKAR &CO. | FY 2022 | 11650 |
Shareholding
The shareholding of Baroda Chemist Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Baroda Chemist Private Limited, buy the company report.
Charges & borrowings
Open charges
₹37 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 1999 | 90110017 | Bank of Baroda | ₹12.5 Lakh | Open | |
| 15 Sep 1989 | 90108591 | Bank of Baroda | ₹24.5 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Baroda Chemist 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
No delayed payments to MSME suppliers are on our record for Baroda Chemist Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Baroda Chemist has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACB9408L1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Baroda Chemist Private Limited, buy the company report.
Recent activity
Baroda Chemist Private Limited has 7 board changes on record since 1989: 3 appointments and 4 cessations. The latest: Krishneel Thakkar ceased to be Additional Director on 17 Dec 2020.
AGM
Baroda Chemist Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Baroda Chemist Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Krishneel Thakkar ceased to be Additional Director.
Appointed
Krishneel Thakkar was appointed as Director.
Ceased
Hasmukhbhai Babubhai Thakkar ceased to be Director.
Ceased
Dhrutika Dakshay Thakkar ceased to be Additional Director.
Appointed
Dhrutika Dakshay Thakkar was appointed as Director.
Ceased
Madhurika Hasmukhbhai Thakkar ceased to be Director.
Charges
A charge with Bank Of Baroda amounted to Rs. 12.50 Lakh with Charge ID 90110017 was registered on 15 Sep 1999.
Charges
A charge with Bank Of Baroda amounted to Rs. 24.50 Lakh with Charge ID 90108591 was registered on 15 Sep 1989.
Appointed
Dakshay Hasmukhbhai Thakkar was appointed as Director.
Incorporation
06 Nov 1950
Baroda Chemist Private Limited was registered on 06 Nov 1950 with Roc Ahmedabad & aged 76 years as per MCA records.
Frequently asked questions
Baroda Chemist is an active private limited company based in Vadodara, Gujarat, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 06 November 1950 (76+ years old) and is registered under CIN U24231GJ1950PTC000524.
Baroda Chemist has 3 current directors:
- Krishneel Thakkar - Director
- Dakshay Hasmukhbhai Thakkar - Director
- Dhrutika Dakshay Thakkar - Director
The latest financial statements of Baroda Chemist on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Baroda Chemist is 24AAACB9408L1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Baroda Chemist is U24231GJ1950PTC000524. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Baroda Chemist was incorporated on 06 November 1950, making it 76+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Baroda Chemist by revenue are E M Pharmaceuticals Private Limited, Healthmate Pharmaceuticals Private Limited, Medical Mart Limited, Ishavarni Health Care Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Krishneel Thakkar ceased to be Additional Director on 17 Dec 2020. Krishneel Thakkar was appointed as Director on 26 Nov 2019. Hasmukhbhai Babubhai Thakkar ceased to be Director on 25 Oct 2019. Baroda Chemist has 7 board changes on record in total.
Yes, Baroda Chemist is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0071571).
The registered office of Baroda Chemist is at Ghee Kanta Vad Falia Behind Raopura Tower Raopura, Vadodara, Gujarat, India – 390001.
Baroda Chemist operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
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