About Disha Apis Private Limited
Data last updated:
Disha Apis Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 02 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2013PTC074284. Its GSTIN is 24AAECD6066E1ZV (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nikhil Pradayuman Ashara and Bhavna Nikhil Ashra.
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 Office No A/817 Siddhi Vinayak Tower – A B/H Dcp Office Off S G Highway Makarba, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.91 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹8.53 Lakh (net margin -1.4%) and EBITDA of ₹17.62 Lakh (EBITDA margin 3%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 16% over five years.
The company is associated with 1 brand: Disha APIs. As per MCA filings, the company has open charges of ₹1.97 Cr and satisfied charges of ₹1.85 Cr on record. Court records list 11 cases involving the company, including 9 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dishaapis.com.
Company details
Contact details
Disha Apis Private Limited's registered office is in Ahmedabad, Gujarat. Its website is dishaapis.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No A/817 Siddhi Vinayak Tower – A B/H Dcp Office Off S G Highway Makarba, Ahmedabad, Gujarat, India – 380051
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Disha Apis 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
Disha Apis operates one associated brand: Disha APIs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides contract manufacturing for APIs and formulated goods in the biopharma sector. | dishaapis.com |
Business activity
The main business activity of Disha Apis 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 Disha Apis Private Limited, buy the company report.
Financials of Disha Apis Private Limited
FY 2024 filings availableDisha Apis Private Limited reported revenue of ₹5.91 Cr (down 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 29% fall in the latest year. EBITDA fell 23% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹5.91 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹17.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.53 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | -1.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Disha Apis Private Limited, buy the company report.
Board of directors of Disha Apis Private Limited
Disha Apis has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Pradayuman Ashara Also directs: Ashtel Pharmed LLP | Director | 02 Apr 2013 | 13 Years 6 Months | Current |
| Bhavna Nikhil Ashra Also directs: Ashtel Pharmed LLP | Director | 02 Apr 2013 | 13 Years 6 Months | Current |
Peer comparison
Disha Apis Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Donas Drugs and Pharmaceuticals Private Limited | ₹5.93 Cr (FY 2020) | -11.0% | Chennai, Tamil Nadu, India | |||
| United Forum Pharma Distributors Private Limited | ₹5.93 Cr (FY 2024) | 8.0% | Alipurduar, West Bengal, India | |||
| Doleshwor Pharmaceuticals Private Limited | ₹5.93 Cr (FY 2025) | -36.0% | New Delhi, Delhi, India | |||
| Walton Health Care Private Limited | ₹5.91 Cr (FY 2025) | -20.0% | Salem, Tamil Nadu, India | |||
| Disha Apis Private Limitedthis company | ₹5.91 Cr (FY 2024) | -₹8.53 Lakh | -1.4% | -29.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Disha Apis Private Limited, buy the company report.
Auditor
Disha Apis Private Limited is audited by KRUSHANG AND ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRUSHANG AND ASSOCIATES | FY 2024 | 177884 |
Shareholding
The shareholding of Disha Apis Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Disha Apis Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2022 | 100655448 | Others | ₹25 Lakh | Open | |
| 07 Sep 2022 | 100611422 | Others | ₹1.5 Cr | Open | |
| 14 Nov 2018 | 100221636 | Axis Bank Limited | ₹22 Lakh | Open | |
| 27 Mar 2017 | 100092211 | Others | ₹1.35 Cr | Satisfied | |
| 09 Oct 2015 | 10600880 | Punjab National Bank | ₹50 Lakh | Satisfied |
To see the full charge records of Disha Apis Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Disha Apis Private Limited has 11 court cases on record: 9 filed by Disha Apis, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 2 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR A) | Filed against the company by JFL Life Science Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against individuals | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against individuals | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against JFL Life Science Pvt Ltd and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Arjun Arora Proprietor of Chanakya Pharma and 1 other | Disposed |
To see the full case history of Disha Apis 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 Disha Apis Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Disha Apis has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECD6066E1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Disha Apis Private Limited, buy the company report.
Recent activity
Disha Apis Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Mahesh Pradhyumanbhai Ashra ceased to be Additional Director on 03 Jul 2017.
4 earlier events are in the company report.
Frequently asked questions
Disha Apis is an active private limited company based in Ahmedabad, Gujarat, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 02 April 2013 (13+ years old) and is registered under CIN U51909GJ2013PTC074284.
Disha Apis has 2 current directors:
- Nikhil Pradayuman Ashara - Director
- Bhavna Nikhil Ashra - Director
The latest financial statements of Disha Apis on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Disha Apis is 24AAECD6066E1ZV, 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 Disha Apis is U51909GJ2013PTC074284. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Disha Apis has 11 court cases on record: 9 filed by the company and 2 filed against it.
Disha Apis was incorporated on 02 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Disha Apis by revenue are Donas Drugs and Pharmaceuticals Private Limited, United Forum Pharma Distributors Private Limited, Doleshwor Pharmaceuticals Private Limited, Walton Health Care Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Mahesh Pradhyumanbhai Ashra ceased to be Additional Director on 03 Jul 2017. Bhavna Nikhil Ashra was appointed as Director on 02 Apr 2013. Nikhil Pradayuman Ashara was appointed as Director on 02 Apr 2013.
Disha Apis can be reached through the website dishaapis.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Disha Apis is at Office No A817 Siddhi Vinayak Tower – A BH Dcp Office Off S G Highway Makarba, Ahmedabad, Gujarat, India – 380051.