- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0067065

Dr Patel Pharmaceutical Private Limited
About Dr Patel Pharmaceutical Private Limited
Data last updated:
Dr Patel Pharmaceutical Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 22 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24230GJ2009PTC058990. Its GSTIN is 24AADCK8585E1ZD (Gujarat).
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹35 Lakh. It is led by directors Kaushikkumar Popatbhai Patel and Sanjay Santlani.
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 Plot No. 4 Shah Industrial Estate Manjusar Taluka Savli, Vadodara, Gujarat, India – 391775.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.12 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.27 Lakh (net margin 1.5%) and EBITDA of ₹51.83 Lakh (EBITDA margin 24.5%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 20% over five years.
As per MCA filings, the company has open charges of ₹3.31 Cr and satisfied charges of ₹15 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
Dr Patel Pharmaceutical Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0067065). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Dr Patel Pharmaceutical
Contact details
Dr Patel Pharmaceutical Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 4 Shah Industrial Estate Manjusar Taluka Savli, Vadodara, Gujarat, India – 391775
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Dr Patel Pharmaceutical 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 Dr Patel Pharmaceutical 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 Dr Patel Pharmaceutical Private Limited, buy the company report.
Financials of Dr Patel Pharmaceutical Private Limited
FY 2024 filings availableDr Patel Pharmaceutical Private Limited reported revenue of ₹2.12 Cr (up 168% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 168% growth in the latest year. EBITDA rose 40% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹2.12 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹51.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.27 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.5% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 Dr Patel Pharmaceutical Private Limited, buy the company report.
Board of directors of Dr Patel Pharmaceutical Private Limited
Dr Patel Pharmaceutical has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Santlani | Additional Director | 19 May 2025 | 1 Years 5 Months | Current |
| Kaushikkumar Popatbhai Patel Also directs: Patel Life Care Private Limited | Director | 28 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Dr Patel Pharmaceutical Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Relief Lab Private Limited | ₹2.13 Cr (FY 2021) | -56.0% | Nagur, Maharashtra, India | |||
| Synthiko Formulations & Pharma Private Limited | ₹2.13 Cr (FY 2020) | -54.0% | Mumbai, Maharashtra, India | |||
| Dr Patel Pharmaceutical Private Limitedthis company | ₹2.12 Cr (FY 2024) | ₹3.27 Lakh | 1.5% | 168.0% | Vadodara, Gujarat, India | |
| Naveen Life Sciences (India) Private Limited | ₹2.11 Cr (FY 2025) | 1.0% | Bhiwandi, Maharashtra, India |
To see the full peer comparison of Dr Patel Pharmaceutical Private Limited, buy the company report.
Auditor
Dr Patel Pharmaceutical Private Limited is audited by Mandowara Laddha & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mandowara Laddha & Associates | FY 2024 | 127869W |
Shareholding
The shareholding of Dr Patel Pharmaceutical 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 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dr Patel Pharmaceutical Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jan 2023 | 100683208 | Others | ₹33 Lakh | Open | |
| 31 Mar 2022 | 100564524 | Others | ₹48 Lakh | Open | |
| 01 Jan 2021 | 100408230 | Others | ₹2.5 Cr | Open | |
| 01 Nov 2010 | 10247083 | Punjab National Bank | ₹15 Lakh | Satisfied |
To see the full charge records of Dr Patel Pharmaceutical Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Dr Patel Pharmaceutical Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Daman, Diu and Daman | Civil suit | Filed against the company by M/S. Mykron Plus India Pvt Ltd. | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Dr Patel Pharmaceutical 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 Dr Patel Pharmaceutical Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dr Patel Pharmaceutical has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCK8585E1ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dr Patel Pharmaceutical Private Limited, buy the company report.
Recent activity
Dr Patel Pharmaceutical Private Limited has 11 board changes on record since 2015: 2 appointments and 9 cessations. The latest: Bhavna Kaushik Patel ceased to be Director on 20 May 2025.
7 earlier events are in the company report.
Frequently asked questions
Dr Patel Pharmaceutical is an active private limited company based in Vadodara, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 22 December 2009 (17+ years old) and is registered under CIN U24230GJ2009PTC058990.
Dr Patel Pharmaceutical has 2 current directors:
- Sanjay Santlani - Additional Director
- Kaushikkumar Popatbhai Patel - Director
The latest financial statements of Dr Patel Pharmaceutical 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 Dr Patel Pharmaceutical is 24AADCK8585E1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Dr Patel Pharmaceutical is U24230GJ2009PTC058990. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dr Patel Pharmaceutical has 3 court cases on record: 3 filed against it. 1 is pending.
Dr Patel Pharmaceutical was incorporated on 22 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Dr Patel Pharmaceutical by revenue are Relief Lab Private Limited, Synthiko Formulations & Pharma Private Limited, Naveen Life Sciences (India) Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Bhavna Kaushik Patel ceased to be Director on 20 May 2025. Sanjay Santlani was appointed as Additional Director on 19 May 2025. Atulkumar Chimanbhai Patel ceased to be Director on 18 Jun 2024. Dr Patel Pharmaceutical has 11 board changes on record in total.
Yes, Dr Patel Pharmaceutical is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0067065).
The registered office of Dr Patel Pharmaceutical is at Plot No. 4 Shah Industrial Estate Manjusar Taluka Savli, Vadodara, Gujarat, India – 391775.

