MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0011977
Chorus Pharmachem Private Limited - pharma in Nandesari, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.72 Cr
▼ 64% YoY
Net loss · FY 2024
₹30.57 Lakh
Net margin -8.2%
EBITDA · FY 2024
₹45.84 Lakh
EBITDA margin 12.3%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹15 Cr
Satisfied ₹35 Lakh
Company age
18 yrs
Est. 2008
Employees · EPFO
20
Provident fund records
About Chorus Pharmachem Private Limited
Data last updated:
Chorus Pharmachem Private Limited is a private limited company based in Nandesari, Gujarat, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 08 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24234GJ2008PTC053845. Its GSTIN is 24AADCC3783E1ZV (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Giraben Anilkumar Patel and Chetan Ramanbhai 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 Plot No. 184 – 185 GIDC Estate, Nandesari, Gujarat, India – 391340.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.72 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹30.57 Lakh (net margin -8.2%) and EBITDA of ₹45.84 Lakh (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 40% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹35 Lakh on record.
Chorus Pharmachem Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0011977). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website globalchemie.co.in.
Company details
CIN U24234GJ2008PTC053845
Registration Number 053845
Incorporation Date 08 May 2008
ROC Ahmedabad
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-GJ-24-0011977
Key People
Giraben Anilkumar Patel Director Chetan Ramanbhai Patel Director Sanjaykumar Ramanlal Patel Director Recognitions & Rankings of Chorus Pharmachem
Contact details
Chorus Pharmachem Private Limited's registered office is in Nandesari, Gujarat. Its website is globalchemie.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 184 – 185 GIDC Estate, Nandesari, Gujarat, India – 391340
- IndustryPharma, API Manufacturers
To see the full contact details of Chorus Pharmachem Private Limited, buy the company report.
Comprehensive company report
Chorus Pharmachem 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 Chorus Pharmachem 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 Chorus Pharmachem Private Limited, buy the company report.
Financials of Chorus Pharmachem Private Limited
FY 2025 filings availableChorus Pharmachem Private Limited reported revenue of ₹3.72 Cr (down 64% YoY) for FY 2024.
Revenue · FY 2024
₹3.72 Cr ▼ 64%
Net loss · FY 2024
₹30.57 Lakh margin -8.2%
EBITDA · FY 2024
₹45.84 Lakh margin 12.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 64%
3 years · compounded
▼ 40%
5 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▼ 53%
3 years · compounded
▼ 45%
5 years · compounded
▲ 121%
Revenue fell 64% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 40%. EBITDA fell 53% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹45.84 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹30.57 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.3% | ||||
| Net Profit Margin | -8.2% | ||||
| 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 Chorus Pharmachem Private Limited, buy the company report.
Board of directors of Chorus Pharmachem Private Limited
Chorus Pharmachem has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Giraben Anilkumar Patel | Director | 30 Sep 2013 | 13 Years 1 Months | Current |
| Chetan Ramanbhai Patel | Director | 30 Sep 2013 | 13 Years 1 Months | Current |
| Sanjaykumar Ramanlal Patel | Director | 08 May 2008 | 18 Years 6 Months | Current |
| Anilkumar Rajubhai Patel | Director | 30 Sep 2013 | 13 Years 1 Months | Current |
| Atulkumar Bhagwandas Patel Also directs: Genapi Lifescience Private Limited | Director | 14 Jun 2012 | 14 Years 4 Months | Current |
| Himanshu Shailendra Shah | Director | 08 May 2008 | 18 Years 6 Months | Current |
Peer comparison
Chorus Pharmachem Private Limited is compared with the 6 companies closest to it by revenue in the Pharma industry (API Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Bizotic Lifescience Private Limited | ₹3.81 Cr (FY 2024) | -72.0% | New Kharachiya, Gujarat, India | |||
| Shanti Drugs Private Limited | ₹3.78 Cr (FY 2024) | 11.0% | New Delhi, Delhi, India | |||
| Ogene Systems India Limited | ₹3.73 Cr (FY 2020) | -94.0% | Hyderabad, Telangana, India | |||
| Agati Healthcare Private Limited | ₹3.73 Cr (FY 2024) | 172.0% | Navi Mumbai, Maharashtra, India | |||
| Chorus Pharmachem Private Limitedthis company | ₹3.72 Cr (FY 2024) | -₹30.57 Lakh | -8.2% | -64.0% | Nandesari, Gujarat, India | |
| Athene Chemicals Private Limited | ₹3.72 Cr (FY 2025) | -10.0% | Ahmedabad, Gujarat, India | |||
| Eshyasi Pharma Limited | ₹3.66 Cr (FY 2024) | -7.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Chorus Pharmachem Private Limited, buy the company report.
Auditor
Chorus Pharmachem Private Limited is audited by D K Mehta & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D K Mehta & Co | FY 2023 | 130223W |
Shareholding
The shareholding of Chorus Pharmachem Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chorus Pharmachem Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15 Cr
Satisfied charges
₹35 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2017 | 100145210 | Axis Bank Limited | ₹7.5 Cr | Open | |
| 16 Dec 2017 | 100145213 | Axis Bank Limited | ₹7.5 Cr | Open | |
| 04 Jan 2012 | 10327641 | Hdfc Bank Limited | ₹35 Lakh | Satisfied |
To see the full charge records of Chorus Pharmachem Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Chorus Pharmachem 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
Chorus Pharmachem Private Limited has 4 MSME Form 1 returns on record between 2019 and 2023, listing 143 overdue payments to 55 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 55)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Hare Krishna Enterprise | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Chorus Pharmachem Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Chorus Pharmachem has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCC3783E1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chorus Pharmachem Private Limited, buy the company report.
Recent activity
Chorus Pharmachem Private Limited has 7 board changes on record since 2008: 6 appointments and 1 cessation. The latest: Anilkumar Rajubhai Patel was appointed as Director on 30 Sep 2013.
AGM
Chorus Pharmachem Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Chorus Pharmachem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited of Rs. 7.50 Cr registered on 18 Dec 2017 with Charge ID 100145210 was modified on 07 Nov 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 7.50 Cr with Charge ID 100145210 was registered on 18 Dec 2017.
Charges
A charge with Axis Bank Limited amounted to Rs. 7.50 Cr with Charge ID 100145213 was registered on 16 Dec 2017.
Charges
A charge registered on 04 Jan 2012 via Charge ID 10327641 with Hdfc Bank Limited was fully satisfied on 23 May 2015.
Appointed
Anilkumar Rajubhai Patel was appointed as Director.
Appointed
Chetan Ramanbhai Patel was appointed as Director.
Appointed
Giraben Anilkumar Patel was appointed as Director.
Appointed
Atulkumar Bhagwandas Patel was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.35 Cr with Charge ID 10327641 was registered on 04 Jan 2012.
Ceased
Manojitkumar Ranajitkumar Pathak ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Chorus Pharmachem is an active private limited company based in Nandesari, Gujarat, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 08 May 2008 (18+ years old) and is registered under CIN U24234GJ2008PTC053845.
Chorus Pharmachem has 6 current directors:
- Giraben Anilkumar Patel - Director
- Chetan Ramanbhai Patel - Director
- Sanjaykumar Ramanlal Patel - Director
- Anilkumar Rajubhai Patel - Director
- Atulkumar Bhagwandas Patel - Director
- Himanshu Shailendra Shah - Director
The latest financial statements of Chorus Pharmachem 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 Chorus Pharmachem is 24AADCC3783E1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Chorus Pharmachem is U24234GJ2008PTC053845. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chorus Pharmachem was incorporated on 08 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Chorus Pharmachem by revenue are Bizotic Lifescience Private Limited, Shanti Drugs Private Limited, Ogene Systems India Limited, Agati Healthcare Private Limited, Athene Chemicals Private Limited and 1 more, all in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Anilkumar Rajubhai Patel was appointed as Director on 30 Sep 2013. Chetan Ramanbhai Patel was appointed as Director on 30 Sep 2013. Giraben Anilkumar Patel was appointed as Director on 30 Sep 2013. Chorus Pharmachem has 7 board changes on record in total.
Yes, Chorus Pharmachem is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0011977).
Chorus Pharmachem has 4 MSME Form 1 returns on record between 2019 and 2023, listing 143 overdue payments to 55 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Chorus Pharmachem can be reached through the website globalchemie.co.in. Its registered office is in Nandesari, Gujarat, India.
The registered office of Chorus Pharmachem is at Plot No. 184 – 185 GIDC Estate, Nandesari, Gujarat, India – 391340.
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