- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-25-0007365

Daiwik Pharmasphere Private Limited
About Daiwik Pharmasphere Private Limited
Data last updated:
Daiwik Pharmasphere Private Limited is a private limited company based in Navsari, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 22 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24230GJ2010PTC063325. Its GSTIN is 24AADCD6955D1ZS (Gujarat).
The company has an authorised share capital of ₹1.3 Cr and a paid-up capital of ₹1.19 Cr. It is led by directors including Sanjay Anupchand Mehta and Rajesh Gunvantrai Bhayani.
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 17 Abvp Shopping Centre Opp – Parsi Hospital, Navsari, Gujarat, India – 396445.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.85 Cr, a growth of 82% compared to the previous year. For the same year it recorded a net loss of ₹2.36 Cr (net margin -34.5%) and EBITDA of -₹72.23 Lakh (EBITDA margin -10.5%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 122% over five years.
The company has about 48 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.8 Cr on record.
Daiwik Pharmasphere Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0007365). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Daiwik Pharmasphere
Contact details
Daiwik Pharmasphere Private Limited's registered office is in Navsari, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address17 Abvp Shopping Centre Opp – Parsi Hospital, Navsari, Gujarat, India – 396445
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Daiwik Pharmasphere 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
Business activity
The main business activity of Daiwik Pharmasphere 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 Daiwik Pharmasphere Private Limited, buy the company report.
Financials of Daiwik Pharmasphere Private Limited
FY 2025 filings availableDaiwik Pharmasphere Private Limited reported revenue of ₹6.85 Cr (up 82% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 122% over five years, including 82% growth in the latest year. EBITDA rose 56% 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 | ₹6.85 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹72.23 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.36 Cr | ||||
| Balance Sheet | |||||
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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 | -10.5% | ||||
| Net Profit Margin | -34.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Daiwik Pharmasphere Private Limited, buy the company report.
Board of directors of Daiwik Pharmasphere Private Limited
Daiwik Pharmasphere has 8 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Anupchand Mehta | Director | 28 Jun 2017 | 9 Years 3 Months | Current |
| Rajesh Gunvantrai Bhayani | Director | 22 Dec 2010 | 15 Years 10 Months | Current |
| Neha Bharat Desai Also directs: Aditya Polynet Private Limited | Director | 11 Jul 2019 | 7 Years 3 Months | Current |
| Apurva Gunvantrai Bhayani | Director | 28 Jun 2017 | 9 Years 3 Months | Current |
| Ajay Jayantilal Patel Also directs: B Tex Ointment Manufacturing Company Private Limited | Director | 22 Dec 2010 | 15 Years 10 Months | Current |
| Atit Bhulabhai Patel | Director | 25 Feb 2015 | 11 Years 7 Months | Current |
Peer comparison
Daiwik Pharmasphere Private Limited is compared with the 4 companies closest to it by revenue in the Pharma industry (Formulations), 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 |
|---|---|---|---|---|---|---|
| Ikem Pharma Private Limited | ₹6.87 Cr (FY 2024) | -62.0% | Hyderabad, Telangana, India | |||
| Good Kare Medico Private Limited | ₹6.86 Cr (FY 2025) | 4.0% | Saharanpur, Uttar Pradesh, India | |||
| Daiwik Pharmasphere Private Limitedthis company | ₹6.85 Cr (FY 2023) | -₹2.36 Cr | -34.5% | 82.0% | 48 | Navsari, Gujarat, India |
| Colinz Laboratories Ltd | ₹6.83 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Beid Healthcare Private Limited | ₹6.81 Cr (FY 2024) | -77.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Daiwik Pharmasphere Private Limited, buy the company report.
Auditor
Daiwik Pharmasphere Private Limited is audited by P. K. SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. K. SHAH & ASSOCIATES | FY 2023 | 112608W |
Shareholding
The shareholding of Daiwik Pharmasphere Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Daiwik Pharmasphere Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2016 | 100037206 | Hdfc Bank Limited | ₹3.9 Cr | Open | |
| 18 Jun 2016 | 100043178 | Hdfc Bank Limited | ₹3.9 Cr | Open |
To see the full charge records of Daiwik Pharmasphere Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Daiwik Pharmasphere 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
No delayed payments to MSME suppliers are on our record for Daiwik Pharmasphere Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Daiwik Pharmasphere Private Limited has a workforce of 48 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Daiwik Pharmasphere has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCD6955D1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Daiwik Pharmasphere Private Limited, buy the company report.
Recent activity
Daiwik Pharmasphere Private Limited has 11 board changes on record since 2010: 8 appointments and 3 cessations. The latest: Neha Bharat Desai ceased to be Additional Director on 30 Sep 2019.
6 earlier events are in the company report.
Frequently asked questions
Daiwik Pharmasphere is an active private limited company based in Navsari, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 22 December 2010 (16+ years old) and is registered under CIN U24230GJ2010PTC063325.
Daiwik Pharmasphere has 8 current directors:
- Sanjay Anupchand Mehta - Director
- Rajesh Gunvantrai Bhayani - Director
- Neha Bharat Desai - Director
- Apurva Gunvantrai Bhayani - Director
- Ajay Jayantilal Patel - Director
- Atit Bhulabhai Patel - Director
- Kalpesh Mahendra Mehta - Director
- Tejas Shantilal Desai - Director
The latest financial statements of Daiwik Pharmasphere 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 Daiwik Pharmasphere is 24AADCD6955D1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Daiwik Pharmasphere is U24230GJ2010PTC063325. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daiwik Pharmasphere was incorporated on 22 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Daiwik Pharmasphere by revenue are Ikem Pharma Private Limited, Good Kare Medico Private Limited, Colinz Laboratories Ltd, Beid Healthcare Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Neha Bharat Desai ceased to be Additional Director on 30 Sep 2019. Neha Bharat Desai was appointed as Director on 11 Jul 2019. Apurva Gunvantrai Bhayani was appointed as Director on 28 Jun 2017. Daiwik Pharmasphere has 11 board changes on record in total.
Yes, Daiwik Pharmasphere is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-25-0007365).
The registered office of Daiwik Pharmasphere is at 17 Abvp Shopping Centre Opp – Parsi Hospital, Navsari, Gujarat, India – 396445.
Daiwik Pharmasphere operates in the pharma industry, in the drug formulation and development segment.