MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0235526
Cornel Pharmaceuticals Private Limited
Cornel Pharmaceuticals Private Limited - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹18.56 Cr
▼ 1% YoY
Net profit · FY 2025
₹3.46 Lakh
Net margin 0.2%
EBITDA · FY 2025
₹13.98 Lakh
EBITDA margin 0.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹7.2 Lakh
Issued & subscribed
Company age
42 yrs
Est. 1984
Employees · EPFO
1
Provident fund records
Directors on board
3
As per MCA filings
About Cornel Pharmaceuticals Private Limited
Data last updated:
Cornel Pharmaceuticals Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 12 June 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ1984PTC006998. Its GSTIN is 24AABCC8590R1ZZ (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.2 Lakh. It is led by directors including Keerthi and Sharmila Rajkumar Parekh.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 76 Hirabhai Market Diwan Ballubhai Road Kankariya, Ahmedabad, Gujarat, India – 380022.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.56 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹3.46 Lakh (net margin 0.2%) and EBITDA of ₹13.98 Lakh (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 30% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it.
Cornel Pharmaceuticals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0235526). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51100GJ1984PTC006998
Registration Number 006998
Incorporation Date 12 June 1984
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0235526
CIN history
Cornel Pharmaceuticals has one previous CIN (Corporate Identification Number): U24231GJ1984PTC006998. The current CIN is U51100GJ1984PTC006998, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100GJ1984PTC006998 | Current |
| U24231GJ1984PTC006998 | Previous |
Recognitions & Rankings of Cornel Pharmaceuticals
Contact details
Cornel Pharmaceuticals Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address76 Hirabhai Market Diwan Ballubhai Road Kankariya, Ahmedabad, Gujarat, India – 380022
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Cornel Pharmaceuticals Private Limited, buy the company report.
Comprehensive company report
Cornel Pharmaceuticals 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Cornel Pharmaceuticals is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Cornel Pharmaceuticals Private Limited, buy the company report.
Financials of Cornel Pharmaceuticals Private Limited
FY 2024 filings availableCornel Pharmaceuticals Private Limited reported revenue of ₹18.56 Cr (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹18.56 Cr ▼ 1%
Net profit · FY 2025
₹3.46 Lakh margin 0.2%
EBITDA · FY 2025
₹13.98 Lakh margin 0.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▼ 9%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 27%
5 years · compounded
▲ 8%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 30%. EBITDA fell 30% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹13.98 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.46 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.8% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Cornel Pharmaceuticals Private Limited, buy the company report.
Board of directors of Cornel Pharmaceuticals Private Limited
Cornel Pharmaceuticals has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Keerthi | Director | 30 Jun 2011 | 15 Years 3 Months | Current |
| Sharmila Rajkumar Parekh | Director | 01 Jul 2019 | 7 Years 3 Months | Current |
| Vaibhav Rajkumar Parekh Also directs: Everstar Enterprises LLP, Vinny Health Care Private Limited | Director | 23 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Cornel Pharmaceuticals Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution, Pharmaceuticals), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahendra Rosin and Turpentine P Ltd | ₹18.59 Cr (FY 2025) | -39.0% | Mumbai, Maharashtra, India | |||
| Harjivandas Mohandas and Company-India Private Limited | ₹18.59 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Cornel Pharmaceuticals Private Limitedthis company | ₹18.56 Cr (FY 2025) | ₹3.46 Lakh | 0.2% | -1.0% | 1 | Ahmedabad, Gujarat, India |
| Shri Bajrangbali Intermediate and Dyechem Pvt Ltd | ₹18.55 Cr (FY 2024) | -56.0% | Ahmedabad, Gujarat, India | |||
| Mba Pharmaceuticals Private Limited | ₹18.48 Cr (FY 2024) | -15.0% | New Delhi, Delhi, India |
To see the full peer comparison of Cornel Pharmaceuticals Private Limited, buy the company report.
Auditor
Cornel Pharmaceuticals Private Limited is audited by KISHAN M MEHTA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KISHAN M MEHTA & CO | FY 2022 | 105229W |
Shareholding
The shareholding of Cornel Pharmaceuticals 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 Cornel Pharmaceuticals Private Limited, buy the company report.
Legal cases
Cornel Pharmaceuticals 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 |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Appeal | Filed against the company by Ahmedabad Municipal Corporation | Disposed |
To see the full case history of Cornel Pharmaceuticals 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 Cornel Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cornel Pharmaceuticals Private Limited has a workforce of 1 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Employee growth
-50%
GST
Cornel Pharmaceuticals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCC8590R1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cornel Pharmaceuticals Private Limited, buy the company report.
Recent activity
Cornel Pharmaceuticals Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Sharmila Rajkumar Parekh was appointed as Director on 01 Jul 2019.
AGM
Cornel Pharmaceuticals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Cornel Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Sharmila Rajkumar Parekh was appointed as Director.
Appointed
Vaibhav Rajkumar Parekh was appointed as Director.
Ceased
Varun Rajkumar Parekh ceased to be Additional Director.
Ceased
Mohanlal Bhoorchand Parekh ceased to be Director.
Ceased
Pukhraj Hastimal Parekh ceased to be Managing Director.
Appointed
Keerthi was appointed as Director.
Incorporation
12 Jun 1984
Cornel Pharmaceuticals Private Limited was registered on 12 Jun 1984 with Roc Ahmedabad & aged 42 years 4 months as per MCA records.
Frequently asked questions
Cornel Pharmaceuticals is an active private limited company based in Ahmedabad, Gujarat, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 12 June 1984 (42+ years old) and is registered under CIN U51100GJ1984PTC006998.
Cornel Pharmaceuticals has 3 current directors:
- Keerthi - Director
- Sharmila Rajkumar Parekh - Director
- Vaibhav Rajkumar Parekh - Director
The latest financial statements of Cornel Pharmaceuticals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Cornel Pharmaceuticals is 24AABCC8590R1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Cornel Pharmaceuticals is U51100GJ1984PTC006998. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cornel Pharmaceuticals has 1 court case on record: 1 filed against it.
Cornel Pharmaceuticals was incorporated on 12 June 1984, making it 42+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Cornel Pharmaceuticals by revenue are Mahendra Rosin and Turpentine P Ltd, Harjivandas Mohandas and Company-India Private Limited, Shri Bajrangbali Intermediate and Dyechem Pvt Ltd, Mba Pharmaceuticals Private Limited, all in the Chemicals industry (Chemical Retail and Distribution, Pharmaceuticals), with the same principal business activity (wholesale trading).
Sharmila Rajkumar Parekh was appointed as Director on 01 Jul 2019. Vaibhav Rajkumar Parekh was appointed as Director on 23 May 2018. Varun Rajkumar Parekh ceased to be Additional Director on 30 Sep 2014. Cornel Pharmaceuticals has 6 board changes on record in total.
Yes, Cornel Pharmaceuticals is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0235526).
The registered office of Cornel Pharmaceuticals is at 76 Hirabhai Market Diwan Ballubhai Road Kankariya, Ahmedabad, Gujarat, India – 380022.