- Category
- Small (2023-24)
- Udyam number
- UDYAM-MH-17-0024759

About Dolce Pharmaceuticals Private Limited
Data last updated:
Dolce Pharmaceuticals Private Limited is a private limited company based in Boisar, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 23 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24200MH1994PTC083218. Its GSTIN is 27AAACD1941L1ZO (Maharashtra).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors including Rakhi Gopakumar Nair and Milind Vinayakrao Gadkari.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 101 Beena Apartment Opp. Ram Mandir Navapur Road Boisar Taluka Palghar, Maharashtra, India – 401501.
As per the financials filed for FY 2019, the company reported a revenue of ₹12.5 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.91 Cr and EBITDA of -₹49.87 Lakh (EBITDA margin -398.8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
As per MCA filings, the company has open charges of ₹13.7 Cr on record. Court records list 10 cases involving the company, including 10 filed against it; 5 cases are pending.
Dolce Pharmaceuticals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0024759). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dolcepharma.com.
Company details
Recognitions & Rankings of Dolce Pharmaceuticals
Contact details
Dolce Pharmaceuticals Private Limited's registered office is in Boisar, Maharashtra. Its website is dolcepharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address101 Beena Apartment Opp. Ram Mandir Navapur Road Boisar Taluka Palghar, Maharashtra, India – 401501
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Dolce Pharmaceuticals 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 Dolce Pharmaceuticals 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 Dolce Pharmaceuticals Private Limited, buy the company report.
Financials of Dolce Pharmaceuticals Private Limited
FY 2020 filings availableDolce Pharmaceuticals Private Limited reported revenue of ₹12.5 Lakh (up 145285% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over three years. EBITDA fell 118% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹12.5 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹49.87 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.91 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -398.8% | ||||
| Net Profit Margin | |||||
| 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 Dolce Pharmaceuticals Private Limited, buy the company report.
Board of directors of Dolce Pharmaceuticals Private Limited
Dolce Pharmaceuticals has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakhi Gopakumar Nair | Director | 23 Mar 2010 | 16 Years 7 Months | Current |
| Milind Vinayakrao Gadkari | Director | 05 Mar 2016 | 10 Years 7 Months | Current |
| Gopakumar Prabhakar Nair Also directs: MGR Pharmachem LLP | Director | 23 Mar 2010 | 16 Years 7 Months | Current |
Peer comparison
Dolce Pharmaceuticals Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Formulations, Pharmaceuticals), 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 |
|---|---|---|---|---|---|---|
| Mitula Pharmaceuticals Private Limited | ₹12.55 Lakh (FY 2025) | -54.0% | Mumbai, Maharashtra, India | |||
| Dolce Pharmaceuticals Private Limitedthis company | ₹12.5 Lakh (FY 2019) | -₹1.91 Cr | 145285.0% | Boisar, Maharashtra, India | ||
| Rajyoti Remedies Private Limited | ₹12.5 Lakh (FY 2024) | -17.0% | Bihar, India | |||
| Shypram Pharmaceuticals Private Limited | ₹12.46 Lakh (FY 2021) | -49.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Dolce Pharmaceuticals Private Limited, buy the company report.
Auditor
Dolce Pharmaceuticals Private Limited is audited by S D M A & Co for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S D M A & Co | FY 2019 | 145566W |
Shareholding
The shareholding of Dolce Pharmaceuticals Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Dolce Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Feb 2018 | 100157573 | Others | ₹13.7 Cr | Open |
To see the full charge records of Dolce Pharmaceuticals Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Dolce Pharmaceuticals Private Limited has 10 court cases on record: 10 filed against it. 5 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 3 |
| High courts | 4 | 4 | 1 |
| Supreme Court | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Riddhi Pharma THR Prop Keran Rajan Shah | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Manishkumar Amrutlal Shah Prop. Kahan Pharmaceuticals | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (APEAL) | Filed against the company by M/S. Beena Enterprises | Pending |
To see the full case history of Dolce Pharmaceuticals 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.
Credit ratings & regulatory alerts
Dolce Pharmaceuticals Private Limited was last rated by Care on 08 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 08 Sep 2022 |
To see the full credit ratings and regulatory alerts of Dolce Pharmaceuticals Private Limited, buy the company report.
MSME payment delays
Dolce Pharmaceuticals Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 193 overdue payments to 25 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 (5 of 25)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Orochem (India) Private Limited | |||
| Comfort Rubber Industries | |||
| an individual supplier | |||
| Mitsu Chem Plast Limited |
To see the full MSME payment records of Dolce Pharmaceuticals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Dolce Pharmaceuticals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD1941L1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dolce Pharmaceuticals Private Limited, buy the company report.
Recent activity
Dolce Pharmaceuticals Private Limited has 7 board changes on record since 2010: 3 appointments and 4 cessations. The latest: Milind Vinayakrao Gadkari ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Dolce Pharmaceuticals is an active private limited company based in Boisar, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 23 November 1994 (32+ years old) and is registered under CIN U24200MH1994PTC083218.
Dolce Pharmaceuticals has 3 current directors:
- Rakhi Gopakumar Nair - Director
- Milind Vinayakrao Gadkari - Director
- Gopakumar Prabhakar Nair - Director
The latest financial statements of Dolce Pharmaceuticals on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Dolce Pharmaceuticals is 27AAACD1941L1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dolce Pharmaceuticals is U24200MH1994PTC083218. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dolce Pharmaceuticals has 10 court cases on record: 10 filed against it. 5 are pending. Most are in the district courts.
Dolce Pharmaceuticals was incorporated on 23 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Dolce Pharmaceuticals by revenue are Mitula Pharmaceuticals Private Limited, Rajyoti Remedies Private Limited, Shypram Pharmaceuticals Private Limited, all in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Milind Vinayakrao Gadkari ceased to be Additional Director on 30 Sep 2016. Milind Vinayakrao Gadkari was appointed as Director on 05 Mar 2016. Vijay Vasant Dhavale ceased to be Director on 21 Feb 2015. Dolce Pharmaceuticals has 7 board changes on record in total.
Yes, Dolce Pharmaceuticals is registered as a small enterprise under Udyam registration (number: UDYAM-MH-17-0024759).
Dolce Pharmaceuticals has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 193 overdue payments to 25 micro and small suppliers. The latest return was filed on 31 Oct 2019.
Dolce Pharmaceuticals can be reached through the website dolcepharma.com. Its registered office is in Boisar, Maharashtra, India.