MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-02-0050735
Baroda Pharma Pvt Ltd - pharma in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.93 Cr
▲ 7% YoY
Net loss · FY 2025
₹14.7 Lakh
Net margin -1.9%
EBITDA · FY 2025
₹5.14 Lakh
EBITDA margin 0.6%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹6.52 Lakh
Issued & subscribed
Open charges
₹5.62 Cr
Secured borrowings
Company age
58 yrs
Est. 1968
Employees · EPFO
32
Provident fund records
About Baroda Pharma Pvt Ltd
Data last updated:
Baroda Pharma Pvt Ltd is a private unlimited liabilities company based in Vadodara, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 20 August 1968 and has been in existence for over 58 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1968ULT001525. Its GSTIN is 32AAACB7634E1Z4 (Kerala). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹6.52 Lakh. It is led by directors including Madhuraveliath Krishnannair Mohan (Managing Director) and Dineshchandra Ramlal Patel.
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 Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.93 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹14.7 Lakh (net margin -1.9%) and EBITDA of ₹5.14 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 4% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.62 Cr on record. Court records list 12 cases involving the company, including 9 filed by the company and 3 filed against it; 1 case is pending.
Baroda Pharma Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0050735). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website barodapharma.in.
Company details
CIN U24231GJ1968ULT001525
Registration Number 001525
Incorporation Date 20 August 1968
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-KL-02-0050735
Key People
Madhuraveliath Krishnannair Mohan Managing Director Dineshchandra Ramlal Patel Director Gopinath Sundararaman Additional Director Recognitions & Rankings of Baroda Pharma
Contact details
Baroda Pharma Pvt Ltd's registered office is in Vadodara, Gujarat. Its website is barodapharma.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressVrajshanti 01st Floor 62 Vishwas Colony Above Trisha Gallery Off. Jetalpur Road, Alkapuri, Vadodara, Gujarat, India – 390007
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Baroda Pharma Pvt Ltd, buy the company report.
Comprehensive company report
Baroda Pharma Pvt Ltd - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Baroda Pharma is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Baroda Pharma Pvt Ltd, buy the company report.
Financials of Baroda Pharma Pvt Ltd
FY 2025 filings availableBaroda Pharma Pvt Ltd reported revenue of ₹7.93 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹7.93 Cr ▲ 7%
Net loss · FY 2025
₹14.7 Lakh margin -1.9%
EBITDA · FY 2025
₹5.14 Lakh margin 0.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 29%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 64%
3 years · compounded
▼ 52%
5 years · compounded
▼ 25%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 7% growth in the latest year. EBITDA fell 64% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.7 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 | 0.6% | ||||
| Net Profit Margin | -1.9% | ||||
| 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 Pharma Pvt Ltd, buy the company report.
Board of directors of Baroda Pharma Pvt Ltd
Baroda Pharma has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dineshchandra Ramlal Patel | Director | 12 Jun 1994 | 32 Years 4 Months | Current |
| Madhuraveliath Krishnannair Mohan Also directs: Serwell Pharmaceuticals Pvt Ltd, Barophar Marketing Pvt Ltd | Managing Director | 05 Mar 2022 | 4 Years 8 Months | Current |
| Gopinath Sundararaman | Additional Director | 03 Dec 2022 | 3 Years 11 Months | Current |
Auditor
Baroda Pharma Pvt Ltd is audited by JHS & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JHS & ASSOCIATES LLP | FY 2023 | 133288W/W100099 |
Shareholding
The shareholding of Baroda Pharma Pvt Ltd 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 Baroda Pharma Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹5.62 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2025 | 101179957 | Hdfc Bank Limited | ₹40 Lakh | Open | |
| 07 Nov 2024 | 101021990 | Others | ₹3.67 Cr | Open | |
| 12 Jul 2023 | 100771844 | Hdfc Bank Limited | ₹90 Lakh | Open | |
| 27 Sep 2022 | 100616456 | Indian Bank | ₹14.5 Lakh | Open | |
| 27 Dec 2006 | 10035019 | Pragati Sahakari Bank Limited | ₹30 Lakh | Open |
To see the full charge records of Baroda Pharma Pvt Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
Baroda Pharma Pvt Ltd has 12 court cases on record: 9 filed by Baroda Pharma, 3 filed against it. 1 case is pending and 11 are disposed.
Total cases
12
Filed by the company
9
Filed against the company
3
Pending
1
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 1 |
| High courts | 6 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CMA DC) | Filed by the company against Torrent Pharmaceuticals Limited | Disposed |
| High Court, GUJARAT | Court case (AO) | Filed by the company against Torrent Pharmaceuticals Ltd., | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Lupin Ltd. and 2 others | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Employee's State Insurance Corporation Sub Regional Office - K J Gay | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Employee's State Insurance Corporation Sub Regional Office - K J Gay | Disposed |
To see the full case history of Baroda Pharma Pvt Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Baroda Pharma Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Baroda Pharma Pvt Ltd has a workforce of 32 employees on its EPFO records as of Sep 26, 2025, across 1 active EPFO establishment.
Employee count
32
Active EPFO establishments
1
Employee growth
60%
GST
Baroda Pharma has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACB7634E1Z4 | Kerala | Active | 18 Mar 2022 |
To see the full GST registrations and return filing status of Baroda Pharma Pvt Ltd, buy the company report.
Recent activity
Baroda Pharma Pvt Ltd has 9 board changes on record since 1994: 6 appointments and 3 cessations. The latest: Gopinath Sundararaman was appointed as Additional Director on 03 Dec 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 101179957 was registered on 06 Nov 2025.
AGM
Baroda Pharma Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Baroda Pharma Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 90.00 Lakh registered on 12 Jul 2023 with Charge ID 100771844 was modified on 10 Mar 2025.
Charges
A charge with Others amounted to Rs. 367.19 Lakh with Charge ID 101021990 was registered on 07 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 90.00 Lakh with Charge ID 100771844 was registered on 12 Jul 2023.
Appointed
Gopinath Sundararaman was appointed as Additional Director.
Charges
A charge with Indian Bank amounted to Rs. 14.50 Lakh with Charge ID 100616456 was registered on 27 Sep 2022.
Ceased
Dipakbhai Bhikhabhai Panchal ceased to be Director.
Appointed
Madhuraveliath Krishnannair Mohan was appointed as Managing Director.
Ceased
Rasikbhai Shantilal Shah ceased to be Director.
Ceased
Anand Narshibhai Amin ceased to be Director.
7 earlier events are in the company report.
Frequently asked questions
Baroda Pharma is an active private unlimited liabilities company based in Vadodara, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 20 August 1968 (58+ years old) and is registered under CIN U24231GJ1968ULT001525.
Baroda Pharma has 3 current directors:
- Madhuraveliath Krishnannair Mohan - Managing Director
- Dineshchandra Ramlal Patel - Director
- Gopinath Sundararaman - Additional Director
The latest financial statements of Baroda Pharma 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 Pharma is 32AAACB7634E1Z4, registered in Kerala. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Baroda Pharma is U24231GJ1968ULT001525. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Baroda Pharma has 12 court cases on record: 9 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Baroda Pharma was incorporated on 20 August 1968, making it 58+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Gopinath Sundararaman was appointed as Additional Director on 03 Dec 2022. Dipakbhai Bhikhabhai Panchal ceased to be Director on 31 May 2022. Madhuraveliath Krishnannair Mohan was appointed as Managing Director on 05 Mar 2022. Baroda Pharma has 9 board changes on record in total.
Yes, Baroda Pharma is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0050735).
Baroda Pharma can be reached through the website barodapharma.in. Its registered office is in Vadodara, Gujarat, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages