MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-03-0096896
Bestcare Formulations Private Limited
Bestcare Formulations Private Limited - pharma in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.93 Cr
▲ 8% YoY
Net profit · FY 2025
₹74.03 Lakh
Net margin 3.5%
EBITDA · FY 2025
₹3.45 Cr
EBITDA margin 16.5%
Authorised capital
₹1.7 Cr
Registered with MCA
Paid-up capital
₹1.62 Cr
Issued & subscribed
Open charges
₹7.07 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
37
Provident fund records
About Bestcare Formulations Private Limited
Data last updated:
Bestcare Formulations Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 12 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U24232TZ2011PTC017247. Its GSTIN is 34AAECB6449F1ZR (Puducherry).
The company has an authorised share capital of ₹1.7 Cr and a paid-up capital of ₹1.62 Cr. It is led by directors Deva Gounder Manivannan and Selvaramu Kasi.
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 No – 79 Periya Subbannan Street K.K.Pudur Saibaba Colony, Coimbatore, Tamil Nadu, India – 641038.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.93 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹74.03 Lakh (net margin 3.5%) and EBITDA of ₹3.45 Cr (EBITDA margin 16.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 5% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.07 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Bestcare Formulations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0096896). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24232TZ2011PTC017247
Registration Number 017247
Incorporation Date 12 July 2011
ROC Coimbatore
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 Small
Udyam Registration UDYAM-TN-03-0096896
Recognitions & Rankings of Bestcare Formulations
Contact details
Bestcare Formulations Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo – 79 Periya Subbannan Street K.K.Pudur Saibaba Colony, Coimbatore, Tamil Nadu, India – 641038
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Bestcare Formulations Private Limited, buy the company report.
Comprehensive company report
Bestcare Formulations 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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Secure checkout · GST invoice included
Business activity
The main business activity of Bestcare Formulations 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 Bestcare Formulations Private Limited, buy the company report.
Financials of Bestcare Formulations Private Limited
FY 2025 filings availableBestcare Formulations Private Limited reported revenue of ₹20.93 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹20.93 Cr ▲ 8%
Net profit · FY 2025
₹74.03 Lakh margin 3.5%
EBITDA · FY 2025
₹3.45 Cr margin 16.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 4%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 59%
3 years · compounded
▲ 26%
5 years · compounded
▲ 39%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 8% growth in the latest year. EBITDA rose 59% 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 | ₹20.93 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹74.03 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 | 16.5% | ||||
| Net Profit Margin | 3.5% | ||||
| 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 Bestcare Formulations Private Limited, buy the company report.
Board of directors of Bestcare Formulations Private Limited
Bestcare Formulations has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deva Gounder Manivannan | Director | 12 Jul 2011 | 15 Years 3 Months | Current |
| Selvaramu Kasi Also directs: Pharmafrench Private Limited | Director | 12 Jul 2011 | 15 Years 3 Months | Current |
Peer comparison
Bestcare Formulations Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Sanmed Healthcare Private Limited | ₹21.05 Cr (FY 2025) | 70.0% | Hyderabad, Telangana, India | |||
| Angia RX Life Science Private Limited | ₹20.96 Cr (FY 2024) | 17.0% | Roorkee, Uttarakhand, India | |||
| Alpha-Pharma Healthcare Private Limited | ₹20.96 Cr (FY 2025) | -36.0% | Ambarnath, Maharashtra, India | |||
| Jaywin Remedies Private Limited | ₹20.94 Cr (FY 2025) | -35.0% | Ahmedabad, Gujarat, India | |||
| Bestcare Formulations Private Limitedthis company | ₹20.93 Cr (FY 2025) | ₹74.03 Lakh | 3.5% | 8.0% | Coimbatore, Tamil Nadu, India | |
| Addapt Life Care Private Limited | ₹20.88 Cr (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Vanguard Diagnostics Private Limited | ₹20.87 Cr (FY 2025) | -18.0% | New Delhi, Delhi, India | |||
| Macsur Pharmaa (India) Private Limited | ₹20.84 Cr (FY 2024) | 5.0% | Puduchery, Puducherry, India |
To see the full peer comparison of Bestcare Formulations Private Limited, buy the company report.
Auditor
Bestcare Formulations Private Limited is audited by VEKAM AND ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VEKAM AND ASSOCIATES | FY 2024 | 05256S |
Shareholding
The shareholding of Bestcare Formulations 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bestcare Formulations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.07 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Apr 2023 | 100714601 | Others | ₹10 Lakh | Open | |
| 20 Jun 2013 | 10438415 | State Bank of India | ₹6.97 Cr | Open |
To see the full charge records of Bestcare Formulations Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Bestcare Formulations Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Madurai, Tamil Nadu | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Bestcare Formulations Private Limited, 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 Bestcare Formulations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bestcare Formulations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 34AAECB6449F1ZR | Puducherry | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bestcare Formulations Private Limited, buy the company report.
Recent activity
Bestcare Formulations Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Deva Gounder Manivannan was appointed as Director on 12 Jul 2011.
AGM
Bestcare Formulations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bestcare Formulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge with State Bank Of India of Rs. 6.97 Cr registered on 20 Jun 2013 with Charge ID 10438415 was modified on 24 Jul 2023.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100714601 was registered on 24 Apr 2023.
Charges
A charge with State Bank Of India amounted to Rs. 6.97 Cr with Charge ID 10438415 was registered on 20 Jun 2013.
Appointed
Deva Gounder Manivannan was appointed as Director.
Appointed
Selvaramu Kasi was appointed as Director.
Incorporation
12 Jul 2011
Bestcare Formulations Private Limited was registered on 12 Jul 2011 with Roc Coimbatore & aged 15 years 3 months as per MCA records.
Frequently asked questions
Bestcare Formulations is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 12 July 2011 (15+ years old) and is registered under CIN U24232TZ2011PTC017247.
Bestcare Formulations has 2 current directors:
- Deva Gounder Manivannan - Director
- Selvaramu Kasi - Director
The latest financial statements of Bestcare Formulations 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 Bestcare Formulations is 34AAECB6449F1ZR, registered in Puducherry.
The CIN (Corporate Identification Number) of Bestcare Formulations is U24232TZ2011PTC017247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bestcare Formulations has 1 court case on record: 1 filed against it.
Bestcare Formulations was incorporated on 12 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Bestcare Formulations by revenue are Sanmed Healthcare Private Limited, Angia RX Life Science Private Limited, Alpha-Pharma Healthcare Private Limited, Jaywin Remedies Private Limited, Addapt Life Care Private Limited and 2 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Deva Gounder Manivannan was appointed as Director on 12 Jul 2011. Selvaramu Kasi was appointed as Director on 12 Jul 2011.
Yes, Bestcare Formulations is registered as a small enterprise under Udyam registration (number: UDYAM-TN-03-0096896).
The registered office of Bestcare Formulations is at No – 79 Periya Subbannan Street K.K.Pudur Saibaba Colony, Coimbatore, Tamil Nadu, India – 641038.
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