MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0142581
Desai Pharma Distributors Private Limited - pharma in Bhiwandi, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹43.8 Lakh
▼ 96% YoY
Net profit · FY 2025
₹43.4 Lakh
Net margin 99.1%
EBITDA · FY 2025
₹43.4 Lakh
EBITDA margin 99.1%
Authorised capital
₹5.55 Cr
Registered with MCA
Paid-up capital
₹5.55 Cr
Issued & subscribed
Open charges
₹16.75 Cr
Satisfied ₹22.95 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
60
Provident fund records
About Desai Pharma Distributors Private Limited
Data last updated:
Desai Pharma Distributors Private Limited is a private limited company based in Bhiwandi, Maharashtra, India, a subsidiary of Ascent Wellness And Pharma Solutions Private Limited. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 05 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2013PTC247908. Its GSTIN is 27AAECD7791E1ZF (Maharashtra).
The company has an authorised share capital of ₹5.55 Cr and a paid-up capital of ₹5.55 Cr. It is led by directors including Chandrashekhar Dagadu Maskare (Whole-Time Director) and Neel Jayesh Parekh.
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3072/5 Survey No. 25/1 272/A Elkunde Village, Sonale Padgha Road Near Vitthal Mandir Bhiwandi – 421302, Maharashtra, India – 421302.
As per the financials filed for FY 2025, the company reported a revenue of ₹43.8 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net profit of ₹43.4 Lakh (net margin 99.1%) and EBITDA of ₹43.4 Lakh (EBITDA margin 99.1%). Revenue has declined at a compounded annual rate (CAGR) of 84% over three years and 66% over five years.
The company has about 60 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ascent Health & Wellness Solutions. As per MCA filings, the company has open charges of ₹16.75 Cr and satisfied charges of ₹22.95 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 10 deals on record (7 secondary share transfers, 2 convertible or debt financings, 1 rights issue), with disclosed funding of ₹18.42 Cr; the latest was in April 2022. Its 3 peer companies in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger; the largest is Almighty Pharmaceuticals Private Limited with revenue of ₹43.92 Lakh.
Desai Pharma Distributors Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0142581). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ahwspl.com.
Company details
CIN U74999MH2013PTC247908
Registration Number 247908
Incorporation Date 05 September 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 04 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Ascent Wellness And Pharma Solutions Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0142581
Key People
Chandrashekhar Dagadu Maskare Whole-Time Director Neel Jayesh Parekh Director Harshal Ashok Chaudhari Director Recognitions & Rankings of Desai Pharma Distributors
Contact details
Desai Pharma Distributors Private Limited's registered office is in Bhiwandi, Maharashtra. Its website is ahwspl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3072/5 Survey No. 25/1 272/A Elkunde Village, Sonale Padgha Road Near Vitthal Mandir Bhiwandi – 421302, Maharashtra, India – 421302
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Desai Pharma Distributors Private Limited, buy the company report.
Comprehensive company report
Desai Pharma Distributors 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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Brands
Desai Pharma Distributors operates one associated brand: Ascent Health & Wellness Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical supply chain solutions are provided, including logistics and automation. | ahwspl.com |
Business activity
The main business activity of Desai Pharma Distributors 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 Desai Pharma Distributors Private Limited, buy the company report.
Financials of Desai Pharma Distributors Private Limited
FY 2025 filings availableDesai Pharma Distributors Private Limited reported revenue of ₹43.8 Lakh (down 96% YoY) for FY 2025.
Revenue · FY 2025
₹43.8 Lakh ▼ 96%
Net profit · FY 2025
₹43.4 Lakh margin 99.1%
EBITDA · FY 2025
₹43.4 Lakh margin 99.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 96%
3 years · compounded
▼ 84%
5 years · compounded
▼ 66%
EBITDA CAGR growth
1 year
▲ 115%
3 years · compounded
▼ 38%
5 years · compounded
▼ 26%
Revenue has declined at a compounded annual rate (CAGR) of 66% over five years, including a 96% fall in the latest year. EBITDA rose 115% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹43.4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹43.4 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 99.1% | ||||
| Net Profit Margin | 99.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Desai Pharma Distributors Private Limited, buy the company report.
Board of directors of Desai Pharma Distributors Private Limited
Desai Pharma Distributors has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrashekhar Dagadu Maskare | Whole-Time Director | 24 Mar 2021 | 5 Years 7 Months | Current |
| Neel Jayesh Parekh | Director | 07 Jul 2025 | 1 Years 3 Months | Current |
| Harshal Ashok Chaudhari Also directs: Dial Health Drug Supplies Private Limited, Rau and Co Pharma Private Limited, Shell Pharmaceuticals Private Limited and 3 more | Director | 20 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Desai Pharma Distributors Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| Almighty Pharmaceuticals Private Limited | ₹43.92 Lakh (FY 2025) | 8.0% | Jhunjhunu, Rajasthan, India | |||
| Hector Healthcare Private Limited | ₹43.91 Lakh (FY 2025) | 66.0% | Thane, Maharashtra, India | |||
| Avius Pharmaceuticals Private Limited | ₹43.83 Lakh (FY 2025) | 21.0% | Ludhiana, Punjab, India | |||
| Desai Pharma Distributors Private Limitedthis company | ₹43.8 Lakh (FY 2025) | ₹43.4 Lakh | 99.1% | -96.0% | 60 | Bhiwandi, Maharashtra, India |
To see the full peer comparison of Desai Pharma Distributors Private Limited, buy the company report.
Auditor
Desai Pharma Distributors Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Desai Pharma Distributors 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 Desai Pharma Distributors Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16.75 Cr
Satisfied charges
₹22.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2020 | 100406511 | Hdfc Bank Limited | ₹1.75 Cr | Satisfied | |
| 07 Jul 2017 | 100120304 | Hdfc Bank Limited | ₹15 Cr | Satisfied | |
| 14 Oct 2013 | 10462180 | Tjsb Sahakari Bank Limited | ₹6.2 Cr | Satisfied |
To see the full charge records of Desai Pharma Distributors Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Desai Pharma Distributors Private Limited has 10 deals on record (7 secondary share transfers, 2 convertible or debt financings, 1 rights issue), with disclosed funding of ₹18.42 Cr; the latest was in April 2022.
Total deals
10
Secondary share transfers
7
Convertible or debt financings
2
Rights issue
1
Disclosed funding
₹18.42 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Ascent Wellness and Pharma Solutions Private Limited Seller: Ascent Health and Wellness Solutions Private Limited |
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: Ascent Wellness and Pharma Solutions Private Limited Seller: Api Holdings Limited |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: Api Holdings Limited Seller: Ascent Health and Wellness Solutions Private Limited |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: Ascent Health and Wellness Solutions Private Limited Seller: Shree Simba Chemist LLP |
| Nov 2015 | Secondary share transfer | Undisclosed | Buyer: Ascent Health and Wellness Solutions Private Limited Seller: Bhairav Health and Wellness Private Limited |
To see the full deal history of Desai Pharma Distributors Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Desai Pharma Distributors Private Limited has 2 court cases on record: 2 filed by Desai Pharma Distributors. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (M.A.IDA.Reston.) | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref.IDA) | Filed by the company against an individual | Disposed |
To see the full case history of Desai Pharma Distributors 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 Desai Pharma Distributors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Desai Pharma Distributors Private Limited has a workforce of 60 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
60
Active EPFO establishments
1
Employee growth
-9.09%
GST
Desai Pharma Distributors has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECD7791E1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Desai Pharma Distributors Private Limited, buy the company report.
Recent activity
Desai Pharma Distributors Private Limited has 19 board changes on record since 2014: 5 appointments and 14 cessations. The latest: Harshal Ashok Chaudhari ceased to be Additional Director on 03 Sep 2025.
AGM
Desai Pharma Distributors Private Limited last Annual general meeting of members was held on 04 Sep 2025 as per latest MCA records.
Ceased
Harshal Ashok Chaudhari ceased to be Additional Director.
Appointed
Harshal Ashok Chaudhari was appointed as Director.
Appointed
Neel Jayesh Parekh was appointed as Director.
Charges
A charge registered on 07 Jul 2017 via Charge ID 100120304 with Hdfc Bank Limited was fully satisfied on 30 May 2025.
Charges
A charge registered on 28 Dec 2020 via Charge ID 100406511 with Hdfc Bank Limited was fully satisfied on 22 Apr 2025.
Filing
Desai Pharma Distributors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Ceased
Praveen Mishra ceased to be Additional Director.
Appointed
Praveen Mishra was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 15.00 Cr registered on 07 Jul 2017 with Charge ID 100120304 was modified on 06 Jul 2022.
Ceased
Monica Rakesh Howal ceased to be Additional Director.
Ceased
Neel Jayesh Parekh ceased to be Additional Director.
18 earlier events are in the company report.
News
Frequently asked questions
Desai Pharma Distributors is an active private limited company based in Bhiwandi, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 05 September 2013 (13+ years old) and is registered under CIN U74999MH2013PTC247908.
Desai Pharma Distributors has 3 current directors:
- Chandrashekhar Dagadu Maskare - Whole-Time Director
- Neel Jayesh Parekh - Director
- Harshal Ashok Chaudhari - Director
The latest financial statements of Desai Pharma Distributors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Desai Pharma Distributors is 27AAECD7791E1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Desai Pharma Distributors is U74999MH2013PTC247908. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Desai Pharma Distributors has 2 court cases on record: 2 filed by the company.
Desai Pharma Distributors was incorporated on 05 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Desai Pharma Distributors has 10 deals on record (7 secondary share transfers, 2 convertible or debt financings, 1 rights issue), with disclosed funding of ₹18.42 Cr; the latest was in April 2022.
The peers of Desai Pharma Distributors by revenue are Almighty Pharmaceuticals Private Limited, Hector Healthcare Private Limited, Avius Pharmaceuticals Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Harshal Ashok Chaudhari ceased to be Additional Director on 03 Sep 2025. Harshal Ashok Chaudhari was appointed as Director on 20 Aug 2025. Neel Jayesh Parekh was appointed as Director on 07 Jul 2025. Desai Pharma Distributors has 19 board changes on record in total.
Yes, Desai Pharma Distributors is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0142581).
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