Cadila Pharmaceuticals Limited

Cadila Pharmaceuticals Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U24231GJ1991PLC015132 Incorporated 28 February 1991 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Public Limited Company pharma
Data last updated
Revenue · FY 2025
₹3,869.17 Cr
▲ 4% YoY
Net profit · FY 2025
₹39.74 Cr
Net margin 1%
EBITDA · FY 2025
₹442.32 Cr
EBITDA margin 11.4%
Authorised capital
₹120.65 Cr
Registered with MCA
Paid-up capital
₹80.01 Cr
Issued & subscribed
Open charges
₹4,155.28 Cr
Satisfied ₹3,605.28 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
6,144
Provident fund records

About Cadila Pharmaceuticals Limited

Data last updated:

Cadila Pharmaceuticals Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 28 February 1991 and has been in existence for over 35 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1991PLC015132. Its GSTIN is 24AAACC6251E1Z5 (Gujarat). The company holds 26 GST registrations, of which 22 are active.

The company has an authorised share capital of ₹120.65 Cr and a paid-up capital of ₹80.01 Cr. It was formerly known as Nova Biotics (India) Pvt Ltd and Nova Biostic (India) Private Limited. It is led by directors including Rajiv Indravadan Modi (Managing Director) and Ramesh Ratilal Choksi (Whole-Time Director).

Its last annual general meeting (AGM) was held on 14 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Cadila Corporate Campus Sarkhej Dholka Road Bhat, Ahmedabad, Gujarat, India – 382210.

As per the financials filed for FY 2025, the company reported a revenue of ₹3,869.17 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹39.74 Cr (net margin 1%) and EBITDA of ₹442.32 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 10% over five years.

The company has about 6,144 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

The company is associated with 1 brand: Cadila Pharmaceuticals Limited. As per MCA filings, the company has open charges of ₹4,155.28 Cr and satisfied charges of ₹3,605.28 Cr on record. Court records list 879 cases involving the company, including 422 filed by the company and 459 filed against it; 213 cases are pending. The company has 10 deals on record (5 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹234.39 Cr; the latest was in March 2024. Its 10 peer companies in the Pharma industry (API Manufacturers, Formulations, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 larger and 5 smaller; the largest is Matrix Pharmacorp Private Limited with revenue of ₹4,422.21 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 573 overdue payments to 135 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cadilapharma.com.

Company details

CIN U24231GJ1991PLC015132
Registration Number 015132
Incorporation Date 28 February 1991
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 14 August 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Name history

Cadila Pharmaceuticals has undergone 3 name changes throughout its history. The company was previously known as Nova Biotics (India) Pvt Ltd, Nova Biostic (India) Private Limited, and Cadila Pharmaceuticals Private Limited. The current legal name is Cadila Pharmaceuticals Limited.

Company NameStatus
Cadila Pharmaceuticals LimitedCurrent
Nova Biotics (India) Pvt LtdPrevious
Nova Biostic (India) Private LimitedPrevious
Cadila Pharmaceuticals Private LimitedPrevious

CIN history

Cadila Pharmaceuticals has one previous CIN (Corporate Identification Number): U24231GJ1991PTC015132. The current CIN is U24231GJ1991PLC015132, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24231GJ1991PLC015132Current
U24231GJ1991PTC015132Previous

Recognitions & Rankings of Cadila Pharmaceuticals

India's Most Valuable Companies 2023 edition · Source: Hurun India
Rank#448
Valuation
₹8,000 Cr
2022 #444 2021 #458

Contact details

Cadila Pharmaceuticals Limited's registered office is in Ahmedabad, Gujarat. Its website is cadilapharma.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Cadila Corporate Campus Sarkhej Dholka Road Bhat, Ahmedabad, Gujarat, India – 382210
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Cadila Pharmaceuticals Limited, buy the company report.

Comprehensive company report
Cadila Pharmaceuticals 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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Brands

Cadila Pharmaceuticals operates one associated brand: Cadila Pharmaceuticals Limited. Each brand links to its own profile.

BrandDescriptionWebsite
Pharmaceutical products are manufactured for multiple therapeutic areas.cadilapharma.com

Business activity

The main business activity of Cadila Pharmaceuticals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Cadila Pharmaceuticals Limited, buy the company report.

Financials of Cadila Pharmaceuticals Limited

FY 2024 filings available

Cadila Pharmaceuticals Limited reported revenue of ₹3,869.17 Cr (up 4% YoY) for FY 2025.

Revenue · FY 2025
₹3,869.17 Cr ▲ 4%
Net profit · FY 2025
₹39.74 Cr margin 1%
EBITDA · FY 2025
₹442.32 Cr margin 11.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 6%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 6%

Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 4% growth in the latest year. EBITDA fell 3% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹442.32 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹39.74 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin11.4%
Net Profit Margin1%
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 Cadila Pharmaceuticals Limited, buy the company report.

Board of directors of Cadila Pharmaceuticals Limited

Cadila Pharmaceuticals has 6 current directors and 34 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajiv Rajiv ModiDirector18 Jul 20242 Years 3 MonthsCurrent
Subir Kumar DasAdditional Director30 Jun 20251 Years 4 MonthsCurrent
Parul Nikunj ShahAdditional Director01 Dec 20232 Years 11 MonthsCurrent
Rajiv Indravadan ModiManaging Director28 Feb 199135 Years 8 MonthsCurrent
Girdhar Prem BalwaniDirector01 May 20179 Years 6 MonthsCurrent
Ramesh Ratilal ChoksiWhole-Time Director07 Feb 201412 Years 8 MonthsCurrent

Peer comparison

Cadila Pharmaceuticals Limited is compared with the 10 companies closest to it by revenue in the Pharma industry (API Manufacturers, Formulations, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Matrix Pharmacorp Private Limited₹4,422.21 Cr (FY 2025)16378466.0%Sangareddy, Telangana, India
Apl Healthcare Limited₹4,412.92 Cr (FY 2025)39.0%Hyderabad, Telangana, India
Akums Drugs and Pharmaceuticals Limited₹4,170.28 Cr (FY 2025)-1.0%Delhi, India
J B Chemicals and Pharmaceuticals Limited₹3,956.31 Cr (FY 2025)12.0%Ahmedabad, Gujarat, India
Glaxosmithkline Pharmaceuticals Limited₹3,895.14 Cr (FY 2025)9.0%Mumbai, Maharashtra, India
Cadila Pharmaceuticals Limitedthis company₹3,869.17 Cr (FY 2025)₹39.74 Cr1%4.0%6,144Ahmedabad, Gujarat, India
Acg Associated Capsules Private Limited₹3,600.7 Cr (FY 2025)10.0%Mumbai, Maharashtra, India
Hetero Drugs Limited₹3,323.92 Cr (FY 2025)13.0%Hyderabad, Telangana, India
Shreya Life Sciences Private Limited₹2,946.23 Cr (FY 2025)284.0%Mumbai, Maharashtra, India
Amneal Pharmaceuticals Private Limited₹2,944.87 Cr (FY 2025)6.0%Ahmedabad, Gujarat, India
Eris Lifesciences Limited₹2,912 Cr (FY 2025)43.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Cadila Pharmaceuticals Limited, buy the company report.

Auditor

Cadila Pharmaceuticals Limited is audited by MUKESH M. SHAH & CO. for the financial year 2024.

Auditor firmFinancial yearFirm registration number
MUKESH M. SHAH & CO.FY 2024106625W

Shareholding

The shareholding of Cadila Pharmaceuticals 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 categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Cadila Pharmaceuticals Limited, buy the company report.

Charges & borrowings

Open charges
₹4,155.28 Cr
Satisfied charges
₹3,605.28 Cr
Breakdown by lending institutions
Others₹3,394.85 Cr
Canara Bank₹300.00 Cr
Indian Bank₹260.00 Cr
Bank of India₹200.00 Cr
Hdfc Bank Limited₹0.43 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Oct 2025101173937Others₹5 CrOpen
08 Sep 2025101154887Indian Bank₹260 CrOpen
16 Jun 2025101136635Others₹216 CrOpen
05 Jun 2025101129931Others₹50 CrOpen
27 Mar 2025101083058Others₹100 CrOpen

To see the full charge records of Cadila Pharmaceuticals Limited, buy the company report.

Total charge records: 90 View all charges

Deals & funding

Cadila Pharmaceuticals Limited has 10 deals on record (5 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹234.39 Cr; the latest was in March 2024.

Total deals
10
Secondary share transfers
5
Funding rounds
3
Rights issue
1
Convertible or debt financing
1
Disclosed funding
₹234.39 Cr

Deals on record (5 of 10)

WhenDealAmountParties
Mar 2023Secondary share transferUndisclosedSeller: IRM Trust, Irm Private Limited , CPL Infrastructure Private Limited, an individual
Mar 2022Secondary share transferUndisclosedBuyer: Inverika Bioresearch Private Limited , IRM Trust, La Vie Biologicals Private Limited
Seller: La Vie Biologicals Private Limited , I.A Modi HUF 4, Rajiv I Modi HUF
Mar 2016Secondary share transferUndisclosedBuyer: I.A Modi HUF 4, IRM Trust, an individual
Seller: Irm Trust & Rajiv Modi, Irm Trust & Monikaben G Modi, an individual
Mar 2014Secondary share transferUndisclosedBuyer: Rajiv I Modi HUF, Mansi Trust & Rajiv I Modi, Irm Trust & Rajiv Modi
Seller: Mansi Trust & I.a Modi, Irm Trust & I A Modi, I.A Modi HUF 1
Dec 2013Secondary share transferUndisclosedBuyer: Redefine Leisure Private Limited , Karnavati Engineering Private Limited , Irm Trust & I A Modi, an individual
Seller: Irm Trust & Rajiv Modi, Irm Trust & Shilaben I Modi, 2 individuals

To see the full deal history of Cadila Pharmaceuticals Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Cadila Pharmaceuticals Limited was last rated by Care on 28 Dec 2021.

Rating agencyRated onRating
Care28 Dec 2021

To see the full credit ratings and regulatory alerts of Cadila Pharmaceuticals Limited, buy the company report.

MSME payment delays

Cadila Pharmaceuticals Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 573 overdue payments to 135 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 135)

SupplierAmount dueDue sinceReported on
Vaishali Agencies
Shako Plastick
Lifesurge Healthcare Private Limited
an individual supplier
an individual supplier

To see the full MSME payment records of Cadila Pharmaceuticals Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Cadila Pharmaceuticals has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
CPL Biologicals Private LimitedU01403GJ2009PTC056409
CPL Pharmaceuticals Private LimitedU24299GJ2021PTC119244

To see the full group structure of Cadila Pharmaceuticals Limited, buy the company report.

Employees & EPFO

Cadila Pharmaceuticals Limited has a workforce of 6,144 employees on its EPFO records as of Sep 23, 2025, across 11 active EPFO establishments.

Employee count
6,144
Active EPFO establishments
11
Employee growth
4.08%

GST

Cadila Pharmaceuticals has 26 GST registrations: 22 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
26
Active
22
Cancelled / inactive
4
GSTINStateStatusRegistered on
24AAACC6251E1Z5GujaratActive01 Jul 2017
24AAACC6251E3Z3GujaratActive29 May 2025
03AAACC6251E1Z9PunjabActive01 Jul 2017
05AAACC6251E1Z5UttarakhandActive01 Jul 2017

To see the full GST registrations and return filing status of Cadila Pharmaceuticals Limited, buy the company report.

Recent activity

Cadila Pharmaceuticals Limited has 38 board changes on record since 1991: 9 appointments and 29 cessations. The latest: Subir Kumar Das was appointed as Additional Director on 30 Jun 2025.

Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101173937 was registered on 17 Oct 2025.
Charges
A charge with Indian Bank amounted to Rs. 260.00 Cr with Charge ID 101154887 was registered on 08 Sep 2025.
Charges
A charge with Others of Rs. 1,969.35 Cr registered on 15 Apr 2024 with Charge ID 100916122 was modified on 25 Jul 2025.
Charges
A charge registered on 31 Mar 2022 via Charge ID 100554686 with Others was fully satisfied on 01 Jul 2025.
Appointed
Subir Kumar Das was appointed as Additional Director.
Charges
A charge registered on 27 Dec 2019 via Charge ID 100316138 with Others was fully satisfied on 23 Jun 2025.
Charges
A charge registered on 09 Apr 2018 via Charge ID 100174382 with Others was fully satisfied on 23 Jun 2025.
Charges
A charge with Others amounted to Rs. 216.00 Cr with Charge ID 101136635 was registered on 16 Jun 2025.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101129931 was registered on 05 Jun 2025.
Charges
A charge registered on 27 Jun 2023 via Charge ID 100748963 with Hdfc Bank Limited was fully satisfied on 25 Apr 2025.
Charges
A charge registered on 24 Mar 2023 via Charge ID 100704145 with Axis Bank Limited was fully satisfied on 16 Apr 2025.
Charges
A charge registered on 12 Apr 2019 via Charge ID 100265728 with Others was fully satisfied on 04 Apr 2025.

227 earlier events are in the company report.

Frequently asked questions

Cadila Pharmaceuticals is an active public limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 28 February 1991 (35+ years old) and is registered under CIN U24231GJ1991PLC015132.

Cadila Pharmaceuticals has 6 current directors:

The latest financial statements of Cadila Pharmaceuticals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 14 August 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Cadila Pharmaceuticals is 24AAACC6251E1Z5, registered in Gujarat. The company has 26 GST registrations in all, of which 22 are active and 4 are cancelled or inactive. Other active GSTINs include 24AAACC6251E3Z3 (Gujarat), 03AAACC6251E1Z9 (Punjab), 05AAACC6251E1Z5 (Uttarakhand).

The CIN (Corporate Identification Number) of Cadila Pharmaceuticals is U24231GJ1991PLC015132. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Cadila Pharmaceuticals has 879 court cases on record: 422 filed by the company and 459 filed against it. 213 are pending. Most are in the district courts.

Cadila Pharmaceuticals was incorporated on 28 February 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Cadila Pharmaceuticals has 10 deals on record (5 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹234.39 Cr; the latest was in March 2024.

The peers of Cadila Pharmaceuticals by revenue are Matrix Pharmacorp Private Limited, Apl Healthcare Limited, Akums Drugs and Pharmaceuticals Limited, J B Chemicals and Pharmaceuticals Limited, Glaxosmithkline Pharmaceuticals Limited and 5 more, all in the Pharma industry (API Manufacturers, Formulations, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Subir Kumar Das was appointed as Additional Director on 30 Jun 2025. Manvantkumar Shankerlal Rami ceased to be Director on 21 Nov 2024. Rajiv Rajiv Modi ceased to be Additional Director on 13 Aug 2024. Cadila Pharmaceuticals has 38 board changes on record in total.

Cadila Pharmaceuticals has 13 MSME Form 1 returns on record between 2019 and 2024, listing 573 overdue payments to 135 micro and small suppliers. The latest return was filed on 30 Apr 2024.

Cadila Pharmaceuticals can be reached through the website cadilapharma.com. Its registered office is in Ahmedabad, Gujarat, India.