About Dhara Lifescience Private Limited
Data last updated:
Dhara Lifescience Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 13 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24232GJ2007PTC050530. Its GSTIN is 24AACCD5946R1Z3 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors including Himesh Babubhai Patel (Managing Director) and Babulal Karsandas Patel (Whole-Time Director).
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 26 Silver Homes Opp. Suramya Bunglows Water Tank Lane Science City Road Sola, Ahmedabad, Gujarat, India – 380060.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.49 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹4.25 Cr (net margin 9.8%) and EBITDA of ₹10.67 Cr (EBITDA margin 24.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 5% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dhara Lifescience. As per MCA filings, the company has open charges of ₹49.94 Cr and satisfied charges of ₹26.27 Cr on record. Court records list 35 cases involving the company, including 35 filed by the company; 6 cases are pending. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹98 Lakh; the latest was in March 2015. Its 10 peer companies in the Pharma industry (Formulations) are compared by revenue, 5 larger and 5 smaller; the largest is Blisson Medica Private Limited. The company has 2 MSME Form 1 returns on record between 2019 and 2021, listing 24 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dharalifescience.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address26 Silver Homes Opp. Suramya Bunglows Water Tank Lane Science City Road Sola, Ahmedabad, Gujarat, India – 380060
- IndustryManufacturing, Plastic & Resins
- 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
- One PDF report, delivered after checkout
Business Activity of Dhara Lifescience Private Limited
The main business activity of Dhara Lifescience is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Dhara Lifescience Private Limited FY 2024 filings available
Dhara Lifescience Private Limited reported revenue of ₹43.49 Cr (down 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Dhara Lifescience Private Limited
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 2% 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 of Dhara Lifescience Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹10.67 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.25 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Dhara Lifescience Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Dhara Lifescience are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Dhara Lifescience Private Limited
Dhara Lifescience Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Blisson Medica Private Limited | •••• | •••• | •••• | •••• | 221 | Mumbai, Maharashtra, India |
| Quality Pharma Products Private Limited | •••• | •••• | •••• | •••• | - | Assam, India |
| Varahi Pharma Private Limited | •••• | •••• | •••• | •••• | 25 | Hyderabad, Telangana, India |
| Medibest Pharma Private Limited | •••• | •••• | •••• | •••• | 51 | Hosur, Tamil Nadu, India |
| Tristar Formulations Private Limited | •••• | •••• | •••• | •••• | 187 | 605009., Pondicherry, India |
| Dhara Lifescience Private Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Sangharsh Lifecare Private Limited | •••• | •••• | •••• | •••• | 63 | Ahmedabad, Gujarat, India |
| Orchev Pharma Pvt Ltd | •••• | •••• | •••• | •••• | 40 | Rajkot, Gujarat, India |
| Pharmegic Healthcare Private Limited | •••• | •••• | •••• | •••• | 46 | Kolkata, West Bengal, India |
| Aprazer Healthcare Private Limited | •••• | •••• | •••• | •••• | 26 | New Delhi, Delhi, India |
| Systochem Laboratories Limited | •••• | •••• | •••• | •••• | 28 | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Dhara Lifescience by revenue in the Pharma industry (Formulations), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Dhara Lifescience Private Limited
Dhara Lifescience Private Limited is audited by B. A. Rajpara & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B. A. Rajpara & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Dhara Lifescience Private Limited
Dhara Lifescience has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Babulal Karsandas Patel | Whole-Time Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Dhara Himesh Patel Also directs: Yash Formulations Private Limited | Whole-Time Director | 13 Apr 2007 | 19 Years 5 Months | Current |
| Kapilaben Babubhai Patel | Director | 25 Apr 2017 | 9 Years 5 Months | Current |
| Himesh Babubhai Patel | Managing Director | 13 Apr 2007 | 19 Years 5 Months | Current |
Ownership and Shareholding of Dhara Lifescience Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Dhara Lifescience Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Mar 2022 | Axis Bank Limited | ₹1.07 Cr | Open |
| 05 Mar 2022 | Standard Chartered Bank | ₹1.8 Cr | Open |
| 05 Mar 2022 | Standard Chartered Bank | ₹24 Cr | Open |
| 17 Nov 2021 | Others | ₹58 Lakh | Open |
| 07 Jul 2020 | Axis Bank Limited | ₹21.98 Cr | Open |
Total charge records: 13 View all charges
Deals & Funding of Dhara Lifescience Private Limited
Dhara Lifescience Private Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹98 Lakh; the latest was in March 2015.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Rights issue | ₹1.51 Cr | Investors: 4 individuals |
| Dec 2011 | Funding round | ₹49 Lakh | Investors: 4 individuals |
| Apr 2009 | Funding round | ₹49 Lakh | Investors: Babulal K Patel Huf, 3 individuals |
| May 2008 | Secondary share transfer | Undisclosed | Buyer: Babulal K Patel Huf Seller: an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Dhara Lifescience Private Limited
Dhara Lifescience Private Limited has 35 court cases on record: 35 filed by Dhara Lifescience. 6 cases are pending and 29 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 34 | 0 | 6 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Paramount Pharmachem LLP | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Joshika Pharma Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Zen Biotech Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Integrin Healthcare Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed by the company against Integrin Healthcare Private Limited | Disposed |
Full case history
All 35 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Dhara Lifescience Private Limited
Dhara Lifescience Private Limited has 2 MSME Form 1 returns on record between 2019 and 2021, listing 24 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shreeji Polycontainer | •••• | •••• | •••• |
| Choudhery & Comapny | •••• | •••• | •••• |
| Goldcoin Plastic {India} New | •••• | •••• | •••• |
| Levee Polymers | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Dhara Lifescience Private Limited
Dhara Lifescience operates one associated brand: Dhara Lifescience. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical polymers and coating technologies in India. | dharalifescience.com |
Employees and EPFO Compliance at Dhara Lifescience Private Limited
Dhara Lifescience Private Limited has a workforce of 40 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Dhara Lifescience Private Limited
Dhara Lifescience Private Limited has 7 board changes on record since 2007: 4 appointments and 3 cessations. The latest: Jignaben Chintankumar Patel ceased to be Director on 01 Apr 2020.
24 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Dhara Lifescience Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Dhara Lifescience Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Dhara Lifescience Private Limited
Dhara Lifescience has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCD5946R1Z3 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Dhara Lifescience Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Dhara Lifescience Private Limited
Dhara Lifescience is an active private limited company based in Ahmedabad, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 13 April 2007 (19+ years old) and is registered under CIN U24232GJ2007PTC050530.
Dhara Lifescience reported revenue of ₹43.49 Cr for FY 2024 (down 14% YoY).
Dhara Lifescience has 4 current directors:
- Himesh Babubhai Patel - Managing Director
- Babulal Karsandas Patel - Whole-Time Director
- Dhara Himesh Patel - Whole-Time Director
- Kapilaben Babubhai Patel - Director
Dhara Lifescience reported a net profit of ₹4.25 Cr (net margin 9.8%) and EBITDA of ₹10.67 Cr (EBITDA margin 24.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dhara Lifescience is 1% over three years and 5% over five years. In the latest year (FY 2024) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dhara Lifescience is 24AACCD5946R1Z3, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Dhara Lifescience is U24232GJ2007PTC050530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhara Lifescience has 35 court cases on record: 35 filed by the company. 6 are pending. Most are in the district courts.
Dhara Lifescience was incorporated on 13 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dhara Lifescience has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹98 Lakh; the latest was in March 2015.
The peers of Dhara Lifescience by revenue are Blisson Medica Private Limited, Quality Pharma Products Private Limited, Varahi Pharma Private Limited, Medibest Pharma Private Limited, Tristar Formulations Private Limited and 5 more, all in the Pharma industry (Formulations).
Jignaben Chintankumar Patel ceased to be Director on 01 Apr 2020. Kapilaben Babubhai Patel ceased to be Additional Director on 29 Sep 2017. Kapilaben Babubhai Patel was appointed as Director on 25 Apr 2017. Dhara Lifescience has 7 board changes on record in total.