Esma Formulations Private Limited
About Esma Formulations Private Limited
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Esma Formulations Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 01 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24232GJ1990PTC014582. Its GSTIN is 24AAACE6133D1Z8 (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.5 Lakh. It is led by directors Shivbhagwan Ganeshilal Matanhelia and Saroj Shivabhagwan Matanhela.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.03 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹6,871 (net margin 0.1%) and EBITDA of ₹4.76 Lakh (EBITDA margin 4.6%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 15% over five years.
As per MCA filings, the company has satisfied charges of ₹39.88 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressOffice No. A/1 – 401 Palladium Near Orchid Wood Opp. Divyabhaskar Corporate Road Makar, Ba, Ahmedabad, Gujarat, India – 380051
- IndustryPharma, Drug Formulation & Development
- 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 Esma Formulations Private Limited
The main business activity of Esma Formulations is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Esma Formulations Private Limited FY 2022 filings available
Esma Formulations Private Limited reported revenue of ₹1.03 Cr (up 9% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Esma Formulations Private Limited
Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA fell 28% 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 Esma Formulations Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹4.76 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6,871 | •••• | •••• | •••• | •••• |
| 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 Esma Formulations Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 Esma Formulations 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.
Board of Directors of Esma Formulations Private Limited
Esma Formulations has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivbhagwan Ganeshilal Matanhelia | Director | 01 Nov 1990 | 35 Years 11 Months | Current |
| Saroj Shivabhagwan Matanhela | Director | 01 Nov 1990 | 35 Years 11 Months | Current |
Peer Comparison of Esma Formulations Private Limited
Esma Formulations Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ordnc 2024 000015 U24304wb2019ptc232164 Private Limited | ₹1.04 Cr (FY 2023) | •••• | •••• | 24.0% | •••• | Krishnanagar, West Bengal, India |
| Sovevax Biologics Private Limited | ₹1.04 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Mumbai, Maharashtra, India |
| Genex Laboratories Private Limited | ₹1.04 Cr (FY 2025) | •••• | •••• | -85.0% | •••• | Hyderabad, Telangana, India |
| Sunlife Pharmaceuticals Limited | ₹1.04 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Kalyan, Maharashtra, India |
| Vags Pharmaceuticals Private Limited | ₹1.03 Cr (FY 2020) | •••• | •••• | 418.0% | •••• | Meerut, Uttar Pradesh, India |
| Esma Formulations Private Limited this company | ₹1.03 Cr (FY 2022) | •••• | •••• | 9.0% | •••• | Ahmedabad, Gujarat, India |
| Clintox Bioservices Private Limited | ₹1.03 Cr (FY 2019) | •••• | •••• | 16.0% | •••• | Hyderabad, Telangana, India |
| Niyamba Pharmaceutical Private Limited | ₹1.03 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Satna, Madhya Pradesh, India |
| Pfleger Healthcare Private Limited | ₹1.03 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Nashik, Maharashtra, India |
| Enrish Pharmaceutical Private Limited | ₹1.03 Cr (FY 2024) | •••• | •••• | 70.0% | •••• | Thane, Maharashtra, India |
| Medill Pharma Private Limited | ₹1.03 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Esma Formulations by revenue in the Pharma industry (Formulations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Esma Formulations Private Limited
Esma Formulations Private Limited is audited by PATHAK ANJARIA & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PATHAK ANJARIA & 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.
Ownership and Shareholding of Esma Formulations 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 Esma Formulations Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Aug 2000 | Bank of Baroda | ₹27.88 Lakh | Satisfied |
| 07 Sep 1998 | Bank of Baroda | ₹12 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Esma Formulations Private Limited
Employment history and EPFO contributions of people linked to Esma Formulations.
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 Esma Formulations Private Limited
Esma Formulations Private Limited has 2 board changes on record since 1990: 2 appointments. The latest: Saroj Shivabhagwan Matanhela was appointed as Director on 01 Nov 1990.
Credit Ratings, Litigation & Regulatory Alerts for Esma Formulations 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.
MSME Payment Delays by Esma Formulations Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Esma Formulations 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 Esma Formulations Private Limited
Esma Formulations has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACE6133D1Z8 | 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 Esma Formulations 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 Esma Formulations Private Limited
Esma Formulations is an active private limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 01 November 1990 (36+ years old) and is registered under CIN U24232GJ1990PTC014582.
Esma Formulations reported revenue of ₹1.03 Cr for FY 2022 (up 9% YoY).
Esma Formulations has 2 current directors:
- Shivbhagwan Ganeshilal Matanhelia - Director
- Saroj Shivabhagwan Matanhela - Director
Esma Formulations reported a net profit of ₹6,871 (net margin 0.1%) and EBITDA of ₹4.76 Lakh (EBITDA margin 4.6%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Esma Formulations is -29% over three years and -15% over five years. In the latest year (FY 2022) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Esma Formulations is 24AAACE6133D1Z8, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Esma Formulations is U24232GJ1990PTC014582. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Esma Formulations was incorporated on 01 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Esma Formulations by revenue are Ordnc 2024 000015 U24304wb2019ptc232164 Private Limited, Sovevax Biologics Private Limited, Genex Laboratories Private Limited, Sunlife Pharmaceuticals Limited, Vags Pharmaceuticals Private Limited and 5 more, all in the Pharma industry (Formulations).
Saroj Shivabhagwan Matanhela was appointed as Director on 01 Nov 1990. Shivbhagwan Ganeshilal Matanhelia was appointed as Director on 01 Nov 1990.
The registered office of Esma Formulations is at Office No. A1 – 401 Palladium Near Orchid Wood Opp. Divyabhaskar Corporate Road Makar, Ba, Ahmedabad, Gujarat, India – 380051.