- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0013801

About Daffodil Pharmachem Private Limited
Data last updated:
Daffodil Pharmachem Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the flavouring and seasoning additives segment of the food and beverages sector. It was incorporated on 12 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1993PTC019808. Its GSTIN is 24AABCP1835G1ZR (Gujarat).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It was formerly known as Posy Pharmachem Pvt Ltd and Daffopharma Chem Private Limited. It is led by directors including Jitendra Ranchhodbhai Patel and Vijaykumar Khodabhai 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 A – 2304 Privilon B/H. Iscon Temple Ambli Bopal Road S. G. Highway, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹196.29 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹5.07 Cr (net margin 2.6%) and EBITDA of ₹14.59 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 29% over five years.
The company is associated with 1 brand: Daffodil Pharmachem. As per MCA filings, the company has open charges of ₹9.95 Cr and satisfied charges of ₹4.9 Cr on record. Court records list 14 cases involving the company, including 11 filed by the company and 3 filed against it. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹70 Lakh; the latest was in March 2014. Its 7 peer companies in the Chemicals industry (API Manufacturers, Flavouring and Seasoning Additives, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 4 smaller; the largest is Shree Jee Laboratory Private Limited with revenue of ₹198.78 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 48 overdue payments to 8 micro and small suppliers.
Daffodil Pharmachem Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0013801). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website daffodilpharma.com.
Company details
Name history
Daffodil Pharmachem has undergone 4 name changes throughout its history. The current legal name is Daffodil Pharmachem Private Limited.
| Company Name | Status |
|---|---|
| Daffodil Pharmachem Private Limited | Current |
| Posy Pharmachem Pvt Ltd | Previous |
| Daffopharma Chem Private Limited | Previous |
| Daffodil Pharma Private Limited | Previous |
| Posy Phrmachem Pvt Ltd | Previous |
Recognitions & Rankings of Daffodil Pharmachem
Contact details
Daffodil Pharmachem Private Limited's registered office is in Ahmedabad, Gujarat. Its website is daffodilpharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 2304 Privilon B/H. Iscon Temple Ambli Bopal Road S. G. Highway, Ahmedabad, Gujarat, India – 380054
- IndustryFood and Beverages, Flavouring & Seasoning Additives
To see the full contact details of Daffodil Pharmachem Private Limited, buy the company report.
- 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
Brands
Daffodil Pharmachem operates one associated brand: Daffodil Pharmachem. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports excipients, additives, and chemicals for various industries. | daffodilpharma.com |
Business activity
The main business activity of Daffodil 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 Daffodil Pharmachem Private Limited, buy the company report.
Financials of Daffodil Pharmachem Private Limited
FY 2025 filings availableDaffodil Pharmachem Private Limited reported revenue of ₹196.29 Cr (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 74% 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 | ₹14.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.07 Cr | ||||
| Balance Sheet | |||||
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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 | 7.4% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Daffodil Pharmachem Private Limited, buy the company report.
Board of directors of Daffodil Pharmachem Private Limited
Daffodil Pharmachem has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Ranchhodbhai Patel | Director | 21 Feb 2002 | 24 Years 8 Months | Current |
| Vijaykumar Khodabhai Patel Also directs: Daffodil Pharmaceuticals Private Limited | Director | 01 Mar 2023 | 3 Years 8 Months | Current |
| Shailesh Amrutlal Patel Also directs: Daffodil Biochem LLP | Additional Director | 07 May 2024 | 2 Years 6 Months | Current |
| Kushal Jitubhai Patel Also directs: Daffodil Biochem LLP, Daffodil Biosynth Private Limited, Daffocare Research Laboratory LLP and 1 more | Director | 01 Apr 2011 | 15 Years 7 Months | Current |
Peer comparison
Daffodil Pharmachem Private Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (API Manufacturers, Flavouring and Seasoning Additives, Specialty Chemicals), 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 |
|---|---|---|---|---|---|---|
| Shree Jee Laboratory Private Limited | ₹198.78 Cr (FY 2024) | -2.0% | New Delhi, Delhi, India | |||
| Dai-Ichi Karkaria Limited | ₹198.07 Cr (FY 2016) | 5.0% | Mumbai, Maharashtra, India | |||
| Agarwal Aromas Private Limited | ₹196.99 Cr (FY 2025) | 1.0% | Uttar Pradesh, India | |||
| Daffodil Pharmachem Private Limitedthis company | ₹196.29 Cr (FY 2025) | ₹5.07 Cr | 2.6% | -27.0% | Ahmedabad, Gujarat, India | |
| Apicore Pharmaceuticals Private Limited | ₹194.79 Cr (FY 2024) | 54.0% | Padra, Gujarat, India | |||
| Advy Biosciences Private Limited | ₹194.68 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Sarna Chemicals Private Limited | ₹193.99 Cr (FY 2025) | 32.0% | Vapi, Gujarat, India | |||
| Vindhya Organics Private Limited | ₹193.92 Cr (FY 2025) | 4.0% | Bollaram, Telangana, India |
To see the full peer comparison of Daffodil Pharmachem Private Limited, buy the company report.
Auditor
Daffodil Pharmachem Private Limited is audited by Siddharth N Shah & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Siddharth N Shah & Associates | FY 2023 | 121179W |
Shareholding
The shareholding of Daffodil 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 Daffodil Pharmachem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2024 | 100975408 | Others | ₹9.95 Cr | Open | |
| 23 Nov 2007 | 10082893 | Others | ₹4.3 Cr | Satisfied | |
| 10 Jun 2004 | 80044292 | Punjab National Bank | ₹10 Lakh | Satisfied | |
| 28 Oct 1997 | 80016900 | Kalupur Commercial Co-Operative Bank Ltd. | ₹50 Lakh | Satisfied |
To see the full charge records of Daffodil Pharmachem Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Daffodil Pharmachem Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹70 Lakh; the latest was in March 2014.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Funding round | ₹50 Lakh | Investors: an individual |
| Oct 2009 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Mar 2007 | Funding round | ₹20 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Daffodil Pharmachem Private Limited has 14 court cases on record: 11 filed by Daffodil Pharmachem, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 2 | 0 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (SCR.A) | Filed against the company by Gena Pharmaceuticals Ltd and 3 others | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Union of India | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against an individual | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Daffodil Pharmachem 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
Daffodil Pharmachem Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 48 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| DSRS Logistics LLP | |||
| an individual supplier | |||
| P & G Enterprise | |||
| an individual supplier |
To see the full MSME payment records of Daffodil Pharmachem Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Daffodil Pharmachem has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCP1835G1ZR | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Daffodil Pharmachem Private Limited, buy the company report.
Recent activity
Daffodil Pharmachem Private Limited has 8 board changes on record since 2002: 4 appointments and 4 cessations. The latest: Shailesh Amrutlal Patel was appointed as Additional Director on 07 May 2024.
9 earlier events are in the company report.
Frequently asked questions
Daffodil Pharmachem is an active private limited company based in Ahmedabad, Gujarat, India. The company works in flavouring and seasoning additives, within the food and beverages industry. It was incorporated on 12 July 1993 (33+ years old) and is registered under CIN U24231GJ1993PTC019808.
Daffodil Pharmachem has 4 current directors:
- Jitendra Ranchhodbhai Patel - Director
- Vijaykumar Khodabhai Patel - Director
- Shailesh Amrutlal Patel - Additional Director
- Kushal Jitubhai Patel - Director
The latest financial statements of Daffodil 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 Daffodil Pharmachem is 24AABCP1835G1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Daffodil Pharmachem is U24231GJ1993PTC019808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daffodil Pharmachem has 14 court cases on record: 11 filed by the company and 3 filed against it. Most are in the district courts.
Daffodil Pharmachem was incorporated on 12 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Daffodil Pharmachem has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹70 Lakh; the latest was in March 2014.
The peers of Daffodil Pharmachem by revenue are Shree Jee Laboratory Private Limited, Dai-Ichi Karkaria Limited, Agarwal Aromas Private Limited, Apicore Pharmaceuticals Private Limited, Advy Biosciences Private Limited and 2 more, all in the Chemicals industry (API Manufacturers, Flavouring and Seasoning Additives, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Shailesh Amrutlal Patel was appointed as Additional Director on 07 May 2024. Vijaykumar Khodabhai Patel ceased to be Additional Director on 29 Sep 2023. Vijaykumar Khodabhai Patel was appointed as Director on 01 Mar 2023. Daffodil Pharmachem has 8 board changes on record in total.
Yes, Daffodil Pharmachem is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0013801).
Daffodil Pharmachem has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 48 overdue payments to 8 micro and small suppliers. The latest return was filed on 16 Nov 2019.

