- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0028834

Base Medico Private Limited
About Base Medico Private Limited
Data last updated:
Base Medico Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 11 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24233GJ2013PTC075011. Its GSTIN is 24AAFCB6249Q1Z6 (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.53 Cr. It is led by directors Nimeshbhai Ranchhodbhai Patel (Managing Director) and Hetal Nimesh 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 ₹42.21 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹4.21 Cr (net margin 10%) and EBITDA of ₹12.01 Cr (EBITDA margin 28.4%). Revenue has grown at a compounded annual rate (CAGR) of 548% over three years and 359% over five years.
The company has about 120 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹40.4 Cr and satisfied charges of ₹15 Cr on record.
Base Medico Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0028834). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Base Medico
Contact details
Base Medico Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSurvey No. 570 Near Essar Petrol Pump Village Tundav Taluka Savli District V, Adodara, Vadodara, Gujarat, India – 391775
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Base Medico Private Limited, buy the company report.
- 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
Business activity
The main business activity of Base Medico is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Base Medico Private Limited, buy the company report.
Financials of Base Medico Private Limited
FY 2025 filings availableBase Medico Private Limited reported revenue of ₹42.21 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 359%. EBITDA fell 8% 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 |
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| EBITDA | ₹12.01 Cr | ||||
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| Net Profit (PAT) | ₹4.21 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 28.4% | ||||
| Net Profit Margin | 10% | ||||
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To see the full financial statements and ratios of Base Medico Private Limited, buy the company report.
Board of directors of Base Medico Private Limited
Base Medico has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimeshbhai Ranchhodbhai Patel | Managing Director | 11 May 2013 | 13 Years 5 Months | Current |
| Hetal Nimesh Patel | Director | 11 May 2013 | 13 Years 5 Months | Current |
Peer comparison
Base Medico Private Limited is compared with the 8 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Legency Remedies Private Limited | ₹42.77 Cr (FY 2025) | -11.0% | Baddi, Himachal Pradesh, India | |||
| Brussels Laboratories Pvt Ltd | ₹42.73 Cr (FY 2025) | 7.0% | Dist-Ahmedabad, Gujarat, India | |||
| La Chemico Pvt Ltd | ₹42.52 Cr (FY 2024) | 0.0% | Kolkata, West Bengal, India | |||
| Maya Biotech Private Limited | ₹42.5 Cr (FY 2024) | -3.0% | Chandigarh, India | |||
| Base Medico Private Limitedthis company | ₹42.21 Cr (FY 2025) | ₹4.21 Cr | 10% | -12.0% | 120 | Vadodara, Gujarat, India |
| Spectrum Formulation Private Limited | ₹42.18 Cr (FY 2025) | 23.0% | Indore, Madhya Pradesh, India | |||
| Supercure Biotech Private Limited | ₹42.03 Cr (FY 2024) | 6.0% | Delhi, India | |||
| International Ingredients & Excipients Private Limited | ₹41.96 Cr (FY 2025) | 58.0% | Chennai, Tamil Nadu, India | |||
| Samrudh Pharmacare Private Limited | ₹41.88 Cr (FY 2024) | -7.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Base Medico Private Limited, buy the company report.
Auditor
Base Medico Private Limited is audited by D D J D & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D D J D & CO. | FY 2024 | 131841W |
Shareholding
The shareholding of Base Medico Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Base Medico Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jul 2022 | 100593397 | Hdfc Bank Limited | ₹40.4 Cr | Open | |
| 27 Apr 2021 | 100440878 | Sidbi | ₹15 Cr | Satisfied |
To see the full charge records of Base Medico Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Base Medico 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 Base Medico Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Base Medico Private Limited has a workforce of 120 employees on its EPFO records as of Dec 08, 2025, across 1 active EPFO establishment.
GST
Base Medico has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCB6249Q1Z6 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Base Medico Private Limited, buy the company report.
Recent activity
Base Medico Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Hetal Nimesh Patel was appointed as Director on 11 May 2013.
Frequently asked questions
Base Medico is an active private limited company based in Vadodara, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 11 May 2013 (13+ years old) and is registered under CIN U24233GJ2013PTC075011.
Base Medico has 2 current directors:
- Nimeshbhai Ranchhodbhai Patel - Managing Director
- Hetal Nimesh Patel - Director
The latest financial statements of Base Medico 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 Base Medico is 24AAFCB6249Q1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Base Medico is U24233GJ2013PTC075011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Base Medico was incorporated on 11 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Base Medico by revenue are Legency Remedies Private Limited, Brussels Laboratories Pvt Ltd, La Chemico Pvt Ltd, Maya Biotech Private Limited, Spectrum Formulation Private Limited and 3 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Hetal Nimesh Patel was appointed as Director on 11 May 2013. Nimeshbhai Ranchhodbhai Patel was appointed as Managing Director on 11 May 2013.
Yes, Base Medico is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0028834).
The registered office of Base Medico is at Survey No. 570 Near Essar Petrol Pump Village Tundav Taluka Savli District V, Adodara, Vadodara, Gujarat, India – 391775.
Base Medico operates in the pharma industry, in the drug formulation and development segment.