Bovian Pharma Private Limited

Bovian Pharma Private Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U24230GJ2020PTC116025 Incorporated 01 September 2020 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company pharma DPIIT Startup MSME · Small
Data last updated
Revenue · FY 2026
₹23.89 Cr
▲ 15% YoY
Net profit · FY 2026
₹40.51 Lakh
Net margin 1.7%
EBITDA · FY 2026
₹57.74 Lakh
EBITDA margin 2.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹2.75 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
46
Provident fund records

About Bovian Pharma Private Limited

Data last updated:

Bovian Pharma Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the animal pharmaceuticals and healthcare segment of the pharmaceuticals sector. It was incorporated on 01 September 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24230GJ2020PTC116025. Its GSTIN is 24AAJCB2369P1Z7 (Gujarat).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Manishkumar Natvarlal Patel and Vatsal Manishkumar 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 2026. The registered office is at D/4 To 7 A.K. Estate Opp. Old Aslali Police Station Aslali Ta – Daskroi, Ahmedabad, Gujarat, India – 382427.

As per the financials filed for FY 2026, the company reported a revenue of ₹23.89 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹40.51 Lakh (net margin 1.7%) and EBITDA of ₹57.74 Lakh (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 59% over five years.

The company has about 46 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹2.75 Cr on record. Court records list 16 cases involving the company, including 16 filed by the company; 13 cases are pending.

Bovian Pharma Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0029776). For more details, the company can be reached via its website bovianpharma.com.

Company details

CIN U24230GJ2020PTC116025
Registration Number 116025
Incorporation Date 01 September 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0029776
Key People
Manishkumar Natvarlal Patel Director Vatsal Manishkumar Patel Director

Recognitions & Rankings of Bovian Pharma

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0029776

Contact details

Bovian Pharma Private Limited's registered office is in Ahmedabad, Gujarat. Its website is bovianpharma.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    bovianpharma.com
  • Social Media
  • Registered Address
    D/4 To 7 A.K. Estate Opp. Old Aslali Police Station Aslali Ta – Daskroi, Ahmedabad, Gujarat, India – 382427
  • Industry
    Pharma, Animal Pharmaceuticals & Healthcare

To see the full contact details of Bovian Pharma Private Limited, buy the company report.

Comprehensive company report
Bovian Pharma 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 Bovian Pharma is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles46Wholesale trade, except of motor vehicles and motorcycles

To see the full business activity and turnover split of Bovian Pharma Private Limited, buy the company report.

Financials of Bovian Pharma Private Limited

FY 2026 filings available

Bovian Pharma Private Limited reported revenue of ₹23.89 Cr (up 15% YoY) for FY 2026.

Revenue · FY 2026
₹23.89 Cr ▲ 15%
Net profit · FY 2026
₹40.51 Lakh margin 1.7%
EBITDA · FY 2026
₹57.74 Lakh margin 2.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 35%
5 years · compounded
▲ 59%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 31%
5 years · compounded
▲ 63%

Revenue has grown at a compounded annual rate (CAGR) of 59% over five years, including 15% growth in the latest year. EBITDA rose 21% 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations₹23.89 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹57.74 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹40.51 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin2.4%
Net Profit Margin1.7%
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 Bovian Pharma Private Limited, buy the company report.

Board of directors of Bovian Pharma Private Limited

Bovian Pharma has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manishkumar Natvarlal Patel
Also directs: Kairose Pharma Private Limited
Director01 Sep 20206 Years 2 MonthsCurrent
Vatsal Manishkumar PatelDirector16 Dec 20223 Years 10 MonthsCurrent
View all directors

Auditor

Bovian Pharma Private Limited is audited by Nagar and Co. for the financial year 2026.

Auditor firmFinancial yearFirm registration number
Nagar and Co.FY 2026177769

Shareholding

The shareholding of Bovian Pharma Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2026FY 2025FY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Bovian Pharma Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹2.75 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Sep 2023100785393Others₹2.75 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Bovian Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Bovian Pharma Private Limited has a workforce of 46 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
46
Active EPFO establishments
1
Employee growth
-2.1%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2746
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22

To see the full employee and EPFO history of Bovian Pharma Private Limited, buy the company report.

GST

Bovian Pharma has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAJCB2369P1Z7GujaratActive16 Oct 2020

To see the full GST registrations and return filing status of Bovian Pharma Private Limited, buy the company report.

Recent activity

Bovian Pharma Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Vatsal Manishkumar Patel ceased to be Additional Director on 29 Sep 2023.

Filing
Bovian Pharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
AGM
Bovian Pharma Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Vatsal Manishkumar Patel ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 275.00 Lakh with Charge ID 100785393 was registered on 06 Sep 2023.
Ceased
Jayantibhai Kanjibhai Patel ceased to be Director.
Appointed
Vatsal Manishkumar Patel was appointed as Director.
Appointed
Manishkumar Natvarlal Patel was appointed as Director.
Incorporation
01 Sep 2020
Bovian Pharma Private Limited was registered on 01 Sep 2020 with Roc Ahmedabad & aged 6 years 2 months as per MCA records.

Frequently asked questions

Bovian Pharma is an active private limited company based in Ahmedabad, Gujarat, India. The company works in animal pharmaceuticals and healthcare, within the pharma industry. It was incorporated on 01 September 2020 (6+ years old) and is registered under CIN U24230GJ2020PTC116025.

Bovian Pharma has 2 current directors:

The latest financial statements of Bovian Pharma on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Bovian Pharma is 24AAJCB2369P1Z7, registered in Gujarat.

The CIN (Corporate Identification Number) of Bovian Pharma is U24230GJ2020PTC116025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bovian Pharma has 16 court cases on record: 16 filed by the company. 13 are pending.

Bovian Pharma was incorporated on 01 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Vatsal Manishkumar Patel ceased to be Additional Director on 29 Sep 2023. Jayantibhai Kanjibhai Patel ceased to be Director on 16 Dec 2022. Vatsal Manishkumar Patel was appointed as Director on 16 Dec 2022. Bovian Pharma has 4 board changes on record in total.

Yes, Bovian Pharma is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Bovian Pharma is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0029776).