Chandra Bhagat Pharma Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L24230MH2003PLC139534 Incorporated 10 March 2003 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 542934 Public Limited Company pharma MSME · Small
Data last updated
Market Cap
₹30.18 Cr
CBPL · BSE
Share Price
₹40.00
0.00% today
Revenue
₹116 Cr
FY 2025-26 · +30.9% YoY
EBITDA
₹3.86 Cr
Margin 3.3%
Net Profit
₹3.05 Cr
FY 2025-26 · +335.7% YoY
P/E (TTM)
9.9x
P/B 0.9x
ROE
9.7%
ROCE 12.2%
Debt / Equity
0.59
Interest cover 72.5x

About Chandra Bhagat Pharma Limited

Data last updated:

Chandra Bhagat Pharma Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 10 March 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24230MH2003PLC139534. Its GSTIN is 27AACCC1056D1Z6 (Maharashtra). The company holds 3 GST registrations, of which 1 is active. Its shares are listed on BSE: 542934.

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹7.55 Cr. It was formerly known as Chandra Bhagat Pharma Private Limited. It is led by directors including Hemant Chandravadan Bhagat (Managing Director) and Pranav Hemant Bhagat (Whole-Time Director).

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 323 – F Bhagat Bhuvan Dr.Ambedkar Road Matunga (East), Mumbai, Maharashtra, India – 400019.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹116.27 Cr, a growth of 30.9% compared to the previous year. For the same year it recorded a net profit of ₹3.05 Cr (net margin 2.6%) and EBITDA of ₹3.86 Cr (EBITDA margin 3.3%). The net worth stands at ₹33.13 Cr (up 10.5% YoY). Total assets are valued at ₹49.66 Cr (down 2.4% YoY).

The company has about 31 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Chandra Bhagat Pharma. As per MCA filings, the company has open charges of ₹47.5 Cr and satisfied charges of ₹41.15 Cr on record. Court records list 28 cases involving the company, including 4 filed by the company and 23 filed against it; 6 cases are pending. The company has 63 deals on record (62 market trades, 1 ipo); the latest was in June 2026. Its 10 peer companies in the Pharma industry (Formulations) are compared by revenue, 5 larger and 5 smaller; the largest is Chiron Behring Vaccines Private Limited with revenue of ₹94.53 Cr.

Chandra Bhagat Pharma Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0021173). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cbcpharma.com.

Company Details of Chandra Bhagat Pharma Limited
CIN L24230MH2003PLC139534
Registration Number 139534
Incorporation Date 10 March 2003
ROC Mumbai
Listing Status Listed (BSE: 542934)
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-MH-19-0021173

CIN History of Chandra Bhagat Pharma Limited

Chandra Bhagat Pharma has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L24230MH2003PLC139534, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L24230MH2003PLC139534Current
U24230MH2003PTC139534Previous
U24230MH2003PLC139534Previous

Recognitions & Rankings of Chandra Bhagat Pharma

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0021173
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    323 – F Bhagat Bhuvan Dr.Ambedkar Road Matunga (East), Mumbai, Maharashtra, India – 400019
  • Industry
    Pharma, Drug Formulation & Development
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Associated Brands with Chandra Bhagat Pharma Limited

Chandra Bhagat Pharma operates one associated brand: Chandra Bhagat Pharma. Each brand links to its own profile.

BrandDescriptionWebsite
Importer, exporter, and marketer of pharmaceutical productscbcpharma.com

Business Activity of Chandra Bhagat Pharma Limited

The main business activity of Chandra Bhagat Pharma is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
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Financials of Chandra Bhagat Pharma Limited FY 2025-26 filings available

Chandra Bhagat Pharma Limited reported revenue of ₹116.27 Cr (up 30.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹116 Cr
+30.9% YoY
EBITDA
₹3.86 Cr
+512.7% YoY
Profit After Tax
₹3.05 Cr
+335.7% YoY
Net Worth
₹33.13 Cr
+10.5% YoY
Total Assets
₹49.66 Cr
-2.4% YoY
Total Debt
₹16.51 Cr
-20.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue11688.8122112094.0870.7093.98
Revenue growth+30.9%-59.9%+85.0%+27.2%+33.1%-24.8%-
EBITDA3.860.63(7.05)3.332.833.683.12
EBITDA margin+3.3%+0.7%-3.2%+2.8%+3.0%+5.2%+3.3%
Profit before tax4.111.162.251.151.090.280.42
Net profit3.050.701.510.900.790.190.31
Net profit margin+2.6%+0.8%+0.7%+0.8%+0.8%+0.3%+0.3%
EPS (₹)4.041.142.031.201.060.250.42
Balance sheet
Total assets49.6650.8645.7648.6450.1056.5259.71
Net worth33.1329.9729.0127.4826.6825.8825.69
Total debt16.5120.8616.4318.9421.1127.0729.93
Cash & bank3.110.674.966.445.682.820.05
Net working capital41.4643.8541.7546.0648.1454.7657.08
Cash flow
Cash from operations9.24(5.71)6.185.2612.408.33(7.41)
Cash from investing(0.43)(0.78)(1.85)(0.06)0.090.120.05
Cash from financing(6.36)2.19(5.80)(4.45)(9.62)(6.42)6.94

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 20 Oct 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue11688.8122112094.0870.7093.98
Revenue growth+30.9%-59.9%+85.0%+27.2%+33.1%-24.8%-
Other income3.353.4311.330.291.620.480.44
Total expenses11288.1822811691.2567.0290.86
Employee cost2.532.032.181.321.521.852.25
EBITDA3.860.63(7.05)3.332.833.683.12
EBITDA margin+3.3%+0.7%-3.2%+2.8%+3.0%+5.2%+3.3%
Depreciation1.100.950.640.270.120.120.03
Interest2.001.951.392.203.243.763.11
Profit before tax4.111.162.251.151.090.280.42
Tax1.060.310.740.250.300.090.11
Net profit3.050.701.510.900.790.190.31
Net profit margin+2.6%+0.8%+0.7%+0.8%+0.8%+0.3%+0.3%
EPS (₹)4.041.142.031.201.060.250.42
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital7.557.557.557.557.557.557.55
Reserves & surplus25.5822.4221.4619.9319.1318.3318.14
Shareholders' funds (net worth)33.1329.9729.0127.4826.6825.8825.69
Secured loans14.6419.0914.6414.3716.1218.8217.66
Unsecured loans1.871.771.794.574.998.2512.27
Total debt16.5120.8616.4318.9421.1127.0729.93
Total liabilities49.6650.8645.7648.6450.1056.5259.71
Assets
Gross block5.174.253.781.501.131.261.24
Net block2.622.622.530.730.470.420.43
Capital work in progress0.000.000.000.000.000.000.00
Investments1.670.140.130.110.220.000.75
Inventories4.670.698.6829.0834.1635.1443.90
Sundry debtors54.6235.9539.458.1915.0015.4214.03
Cash & bank balances3.110.674.966.445.682.820.05
Loans & advances23.6057.2144.7014.2815.6616.6314.14
Total current assets86.0094.5297.7957.9970.5070.0172.12
Total current liabilities44.5450.6756.0411.9322.3615.2515.04
Net working capital41.4643.8541.7546.0648.1454.7657.08
Total assets49.6650.8645.7648.6450.1056.5259.71
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.674.966.445.682.820.800.48
Net cash from operating activities9.24(5.71)6.185.2612.408.33(7.41)
Net cash from investing activities(0.43)(0.78)(1.85)(0.06)0.090.120.05
Net cash from financing activities(6.36)2.19(5.80)(4.45)(9.62)(6.42)6.94
Net change in cash2.45(4.30)(1.48)0.762.862.02(0.43)
Closing cash3.110.674.966.445.682.820.05
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+30.9%-59.9%+85.0%+27.2%+33.1%-24.8%-
EBITDA growth+512.7%+108.9%-311.7%+17.7%-23.1%+18.0%-
PBT growth+254.3%-48.4%+95.7%+5.5%+289.3%-33.3%-53.3%
Net income growth+335.7%-53.6%+67.8%+13.9%+315.8%-38.7%-
Revenue CAGR (3Y)-1.0%-1.9%+46.3%+8.4%-4.0%-10.0%+1.5%
EBITDA CAGR (3Y)+5.1%-39.4%-+2.2%-15.0%-7.1%-10.6%
Profitability & leverage
Net income margin+2.6%+1.0%+0.7%+0.8%+0.8%+0.3%+0.3%
Return on capital employed+12.2%+6.0%+7.7%+6.8%+8.1%+7.0%+6.4%
Return on net worth+9.7%+2.4%+5.4%+3.4%+3.0%+0.7%+1.5%
Debt / equity0.590.630.630.740.921.111.52
Long-term debt / equity0.080.060.090.170.280.390.56
Interest cover72.46-609.38-18.0871.90119.56105.62100.65
Efficiency & per share
Fixed asset turnover24.6922.1283.8591.0078.7356.5675.79
Inventory turnover43.3818.9611.733.782.721.792.14
Debtors turnover2.572.369.2910.326.194.804.66
EPS (₹)4.041.142.031.201.060.250.42
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)43.9039.7238.4536.4235.3534.3034.05
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Board of Directors of Chandra Bhagat Pharma Limited

Chandra Bhagat Pharma has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ravindra Gajanan AwatiDirector31 Aug 20197 Years 1 MonthsCurrent
Abha Praveen DoshiDirector15 Jul 20197 Years 3 MonthsCurrent
Hemant Chandravadan BhagatManaging Director10 Mar 200323 Years 7 MonthsCurrent
Pranav Hemant BhagatWhole-Time Director17 May 200422 Years 5 MonthsCurrent
Prachi Pranav BhagatDirector25 Sep 20188 Years 0 MonthsCurrent

Peer Comparison of Chandra Bhagat Pharma Limited

Chandra Bhagat Pharma Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Chandra Bhagat Pharma Limited this company₹116.27 Cr (FY 2026)••••••••30.9%••••Mumbai, Maharashtra, India
Chiron Behring Vaccines Private Limited₹94.53 Cr (FY 2025)••••••••30.0%••••Bhor, Maharashtra, India
Daxin Pharmaceuticals Private Limited₹93.78 Cr (FY 2025)••••••••40.0%••••New Delhi, Delhi, India
Cosmas Research Lab Limited₹93.42 Cr (FY 2025)••••••••60.0%••••Ludhiana, Punjab, India
Centurion Healthcare Private Limited₹92.65 Cr (FY 2024)••••••••21.0%••••Vadodara, Gujarat, India
Lovincare Cosmetics Private Limited₹92.22 Cr (FY 2025)••••••••22.0%••••Himachal Pradesh, India
Twentyfirst Century Pharmaceuticals Private Limited₹91.89 Cr (FY 2022)••••••••32.0%••••Chennai, Tamil Nadu, India
Lifecare Neuro Products Limited₹91.88 Cr (FY 2024)••••••••14.0%••••Nalagarh, Himachal Pradesh, India
Akhil Healthcare Private Limited₹91.42 Cr (FY 2025)••••••••32.0%••••Vadodara, Gujarat, India
Sydler Remedies Private Limited₹91.31 Cr (FY 2025)••••••••-30.0%••••Aurangabad, Maharashtra, India
S. A. Pharmachem Private Limited₹91.25 Cr (FY 2025)••••••••-54.0%••••Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Chandra Bhagat Pharma by revenue in the Pharma industry (Formulations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Chandra Bhagat Pharma Limited

Chandra Bhagat Pharma Limited is audited by A Y & COMPANY for the financial year 2023.

NameStatusAppointment DateCessation Date
A Y & COMPANYLockedLockedLocked
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Shareholding Pattern of Chandra Bhagat Pharma Limited

Shareholding for the quarter ended Sep 2026: promoters hold 73.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 27.00%.

Promoters: 73.00%Retail & Others: 27.00%
Sep 2026
QUARTER
73.00% Promoters
27.00% Retail & Others
Promoter holding - history
Now 73.00% · Sep 2026High 73.00% · Sep 2026Low 71.20% · Dec 2025
70%71%72%73%74%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 71.20%Mar 2026: 71.20%Jun 2026: 72.20%Sep 2026: 73.00%71.20%73.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters73.00%72.20%71.20%71.20%
Public27.00%27.80%28.80%28.80%

Charges & Borrowings of Chandra Bhagat Pharma Limited

Open charges
₹47.5 Cr
Satisfied charges
₹41.15 Cr
Breakdown by lending institutions
Axis Bank Limited₹47.20 Cr
Canara Bank₹0.30 Cr
Latest charge details
DateLenderAmountStatus
29 Jul 2026Axis Bank Limited₹1.62 CrOpen
13 Jul 2026Axis Bank Limited₹23.06 CrOpen
16 Jan 2025Canara Bank₹30 LakhOpen
28 Oct 2020Axis Bank Limited₹3.25 CrOpen
23 Feb 2018Axis Bank Limited₹19.27 CrOpen

Total charge records: 13 View all charges

Deals & Funding of Chandra Bhagat Pharma Limited

Chandra Bhagat Pharma Limited has 63 deals on record (62 market trades, 1 ipo); the latest was in June 2026.

Total deals
63
Market trades
62
IPO
1

Deals on record (5 of 63)

WhenDealAmountParties
Jun 2026Market trade₹21.6 LakhSeller: Team Anamika Algo Limited
May 2026Market trade₹24.7 LakhBuyer: Bengal Tiger Capital Advisors LLP
Seller: Team Anamika Algo Limited
Nov 2024Market trade₹44.1 LakhBuyer: an individual
Seller: Piyush Securities Pvt Ltd
Nov 2024Market trade₹40.9 LakhBuyer: Piyush Securities Pvt Ltd
Seller: Kapil Agarwal Huf .
Nov 2024Market trade₹71.4 LakhBuyer: Sunflower Broking Private Limited
Seller: Alacrity Securities Limited , Sunflower Broking Private Limited
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Full deal history

All 63 deals with amounts, valuations, instruments and every party are in the company report.

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

Employees and EPFO Compliance at Chandra Bhagat Pharma Limited

Chandra Bhagat Pharma Limited has a workforce of 31 employees as of Apr 02, 2024.

Employee count
31
Active EPFO establishments
1
Employee growth
24%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Chandra Bhagat Pharma Limited

Chandra Bhagat Pharma Limited has 9 board changes on record since 2003: 7 appointments and 2 cessations. The latest: Ravindra Gajanan Awati was appointed as Director on 31 Aug 2019.

Charges
A charge with Axis Bank Limited of Rs. 23.06 Cr registered on 13 Jul 2026 with Charge ID 101338774 was modified on 24 Sep 2026.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.62 Cr with Charge ID 101357317 was registered on 29 Jul 2026.
Charges
A charge with Axis Bank Limited amounted to Rs. 23.06 Cr with Charge ID 101338774 was registered on 13 Jul 2026.
AGM
Chandra Bhagat Pharma Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Chandra Bhagat Pharma Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Canara Bank amounted to Rs. 0.30 Cr with Charge ID 101049748 was registered on 16 Jan 2025.
Charges
A charge registered on 11 Sep 2017 via Charge ID 100130761 with Others was fully satisfied on 11 Nov 2024.
Charges
A charge with Axis Bank Limited of Rs. 19.27 Cr registered on 23 Feb 2018 with Charge ID 100162599 was modified on 28 Jun 2024.
Charges
A charge with Axis Bank Limited of Rs. 3.25 Cr registered on 28 Oct 2020 with Charge ID 100396299 was modified on 06 Feb 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 3.25 Cr with Charge ID 100396299 was registered on 28 Oct 2020.
Appointed
Ravindra Gajanan Awati was appointed as Director.
Appointed
Abha Praveen Doshi was appointed as Director.

27 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Chandra Bhagat Pharma Limited

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MSME Payment Delays by Chandra Bhagat Pharma Limited

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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Chandra Bhagat Pharma Limited

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GST Compliance of Chandra Bhagat Pharma Limited

Chandra Bhagat Pharma has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AACCC1056D1Z6MaharashtraActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Chandra Bhagat Pharma Limited

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MCA filings and documents

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Related news about Chandra Bhagat Pharma Limited

Frequently Asked Questions about Chandra Bhagat Pharma Limited

Chandra Bhagat Pharma is an active public limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 10 March 2003 (23+ years old) and is registered under CIN L24230MH2003PLC139534. Listed on BSE: 542934.

Chandra Bhagat Pharma reported revenue of ₹116.27 Cr for FY 2025-26 (up 30.9% YoY) based on standalone financials.

Chandra Bhagat Pharma has 5 current directors:

The GSTIN of Chandra Bhagat Pharma is 27AACCC1056D1Z6, registered in Maharashtra. 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 Chandra Bhagat Pharma is L24230MH2003PLC139534. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Chandra Bhagat Pharma is listed on BSE with code 542934.

Chandra Bhagat Pharma has 28 court cases on record: 4 filed by the company and 23 filed against it. 6 are pending. Most are in the district courts.

Chandra Bhagat Pharma was incorporated on 10 March 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.

Chandra Bhagat Pharma has 63 deals on record (62 market trades, 1 ipo); the latest was in June 2026.

The peers of Chandra Bhagat Pharma by revenue are Chiron Behring Vaccines Private Limited, Daxin Pharmaceuticals Private Limited, Cosmas Research Lab Limited, Centurion Healthcare Private Limited, Lovincare Cosmetics Private Limited and 5 more, all in the Pharma industry (Formulations).

Ravindra Gajanan Awati was appointed as Director on 31 Aug 2019. Abha Praveen Doshi was appointed as Director on 15 Jul 2019. Prachi Pranav Bhagat was appointed as Director on 25 Sep 2018. Chandra Bhagat Pharma has 9 board changes on record in total.

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