About Daffodills Pharmaceuticals Limited
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Daffodills Pharmaceuticals Limited is a public limited company based in Meerut, Uttar Pradesh, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 28 May 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U24233UP1985PLC007205. Its GSTIN is 09AAACD5022G1Z1 (Uttar Pradesh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹3.23 Cr. It was formerly known as Daffodills Pharmaceutical Private Limited. It is led by directors including Prabhat Kumar Rai (Whole-Time Director) and Kunwar Krishanpal Singh (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 770/1 Soti Ganj Behind Gurudwara, Meerut, Uttar Pradesh, India – 250001.
As per the financials filed for FY 2023, the company reported a revenue of ₹30.18 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹52.19 Lakh (net margin 1.7%) and EBITDA of ₹80.28 Lakh (EBITDA margin 2.7%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 1% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Daffodills. As per MCA filings, the company has open charges of ₹16.93 Cr on record. Court records list 23 cases involving the company, including 18 filed by the company and 5 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website daffodills.in.
Company details
CIN history
Daffodills Pharmaceuticals has one previous CIN (Corporate Identification Number): L24233UP1985PLC007205. The current CIN is U24233UP1985PLC007205, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24233UP1985PLC007205 | Current |
| L24233UP1985PLC007205 | Previous |
Contact details
Daffodills Pharmaceuticals Limited's registered office is in Meerut, Uttar Pradesh. Its website is daffodills.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address770/1 Soti Ganj Behind Gurudwara, Meerut, Uttar Pradesh, India – 250001
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Daffodills Pharmaceuticals 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
Daffodills Pharmaceuticals operates one associated brand: Daffodills. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports high-quality pharmaceutical formulations for domestic and international markets. | daffodills.in |
Financials of Daffodills Pharmaceuticals Limited
FY 2025 filings availableDaffodills Pharmaceuticals Limited reported revenue of ₹30.18 Cr (up 32% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 32% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹30.18 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹80.28 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹52.19 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Daffodills Pharmaceuticals Limited, buy the company report.
Board of directors of Daffodills Pharmaceuticals Limited
Daffodills Pharmaceuticals has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pranav Chaudhary | Director | 22 Feb 2012 | 14 Years 8 Months | Current |
| Prateek Chaudhary Also directs: Ell Pee Medicare Private Limited | Director | 22 Feb 2012 | 14 Years 8 Months | Current |
| Prabhat Kumar Rai | Whole-Time Director | 30 Jul 2019 | 7 Years 2 Months | Current |
| Kunwar Krishanpal Singh | Whole-Time Director | 30 Jul 2019 | 7 Years 2 Months | Current |
| Prashant Chaudhry | Director | 02 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Daffodills Pharmaceuticals Limited is audited by MEHRA AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHRA AND COMPANY | FY 2023 | 000393C |
Shareholding
The shareholding of Daffodills Pharmaceuticals 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 Daffodills Pharmaceuticals Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Oct 2025 | 101161572 | State Bank of India | ₹6.95 Cr | Open | |
| 26 May 2025 | 101120639 | Axis Bank Limited | ₹4.6 Cr | Open | |
| 20 Sep 2018 | 100209411 | Axis Bank Limited | ₹5 Cr | Open | |
| 14 Oct 1995 | 90271772 | U. P. Financial Corporation | ₹38 Lakh | Open |
To see the full charge records of Daffodills Pharmaceuticals Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Daffodills Pharmaceuticals Limited has 23 court cases on record: 18 filed by Daffodills Pharmaceuticals, 5 filed against it. 6 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 2 | 4 |
| District courts | 3 | 3 | 2 |
| Supreme Court | 3 | 0 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by Union of India | Pending |
| High Court, UTTARPRADESH | Court case (IAPL) | Filed against the company by Principle Commissioner of Income Tax | Pending |
| Allahabad High Court | Court case (CLRE) | Filed against the company by Municipal Cor. of Greater Mumbai | Pending |
| Allahabad High Court | Writ petition | Filed by the company against State of U.P.Through Prin.Secy.Medical and Health Lko.And Ors. | Pending |
| Allahabad High Court | Writ petition | Filed by the company against State of U.P. Thru. Prin. Secy. Medical and Health and Others | Pending |
To see the full case history of Daffodills Pharmaceuticals 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 Daffodills Pharmaceuticals Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Daffodills Pharmaceuticals Limited has a workforce of 11 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Daffodills Pharmaceuticals has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACD5022G1Z1 | Uttar Pradesh | Active | 01 Jul 2017 |
| 19AAACD5022G1Z0 | West Bengal | Active | 27 Oct 2018 |
| 36AAACD5022G1Z4 | Telangana | Active | 27 Oct 2018 |
To see the full GST registrations and return filing status of Daffodills Pharmaceuticals Limited, buy the company report.
Recent activity
Daffodills Pharmaceuticals Limited has 8 board changes on record since 2012: 5 appointments and 3 cessations. The latest: Kunwar Krishanpal Singh was appointed as Whole-Time Director on 30 Jul 2019.
4 earlier events are in the company report.
Frequently asked questions
Daffodills Pharmaceuticals is an active public limited company based in Meerut, Uttar Pradesh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 28 May 1985 (41+ years old) and is registered under CIN U24233UP1985PLC007205.
Daffodills Pharmaceuticals has 5 current directors:
- Prabhat Kumar Rai - Whole-Time Director
- Kunwar Krishanpal Singh - Whole-Time Director
- Pranav Chaudhary - Director
- Prateek Chaudhary - Director
- Prashant Chaudhry - Director
The latest financial statements of Daffodills Pharmaceuticals 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 Daffodills Pharmaceuticals is 09AAACD5022G1Z1, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 19AAACD5022G1Z0 (West Bengal), 36AAACD5022G1Z4 (Telangana).
The CIN (Corporate Identification Number) of Daffodills Pharmaceuticals is U24233UP1985PLC007205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daffodills Pharmaceuticals has 23 court cases on record: 18 filed by the company and 5 filed against it. 6 are pending. Most are in the high courts.
Daffodills Pharmaceuticals was incorporated on 28 May 1985, making it 41+ years old. It is registered with the Registrar of Companies, Kanpur.
Kunwar Krishanpal Singh was appointed as Whole-Time Director on 30 Jul 2019. Prabhat Kumar Rai was appointed as Whole-Time Director on 30 Jul 2019. Amit Dhaka ceased to be Director on 01 Sep 2018. Daffodills Pharmaceuticals has 8 board changes on record in total.
Daffodills Pharmaceuticals can be reached through the website daffodills.in. Its registered office is in Meerut, Uttar Pradesh, India.
The registered office of Daffodills Pharmaceuticals is at 7701 Soti Ganj Behind Gurudwara, Meerut, Uttar Pradesh, India – 250001.