MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-03-0011589
Glacier Pharmaceuticals Private Limited
Glacier Pharmaceuticals Private Limited - pharma in Amaravati, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹54.81 Cr
▲ 3% YoY
Net profit · FY 2025
₹1.28 Cr
Net margin 2.3%
EBITDA · FY 2025
₹1.38 Cr
EBITDA margin 2.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9 Lakh
Issued & subscribed
Open charges
₹1.9 Cr
Secured borrowings
Company age
27 yrs
Est. 1999
Directors on board
2
As per MCA filings
About Glacier Pharmaceuticals Private Limited
Data last updated:
Glacier Pharmaceuticals Private Limited is a private limited company based in Amaravati, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 04 November 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U24230MH1999PTC122545. Its GSTIN is 27AABCG3969L1Z4 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors Varsha Ashok Nanwani and Ashok Inderjit Nanwani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No G – 5 M I D Cindustrial Area, Amaravati, Maharashtra, India – 444605.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.81 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.28 Cr (net margin 2.3%) and EBITDA of ₹1.38 Cr (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 49% over five years.
As per MCA filings, the company has open charges of ₹1.9 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 3 cases are pending.
Glacier Pharmaceuticals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-03-0011589). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24230MH1999PTC122545
Registration Number 122545
Incorporation Date 04 November 1999
ROC Nagpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-03-0011589
Recognitions & Rankings of Glacier Pharmaceuticals
Contact details
Glacier Pharmaceuticals Private Limited's registered office is in Amaravati, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No G – 5 M I D Cindustrial Area, Amaravati, Maharashtra, India – 444605
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Glacier Pharmaceuticals Private Limited, buy the company report.
Comprehensive company report
Glacier Pharmaceuticals Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Glacier Pharmaceuticals 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 Glacier Pharmaceuticals Private Limited, buy the company report.
Financials of Glacier Pharmaceuticals Private Limited
FY 2025 filings availableGlacier Pharmaceuticals Private Limited reported revenue of ₹54.81 Cr (up 3% YoY) for FY 2025.
Revenue · FY 2025
₹54.81 Cr ▲ 3%
Net profit · FY 2025
₹1.28 Cr margin 2.3%
EBITDA · FY 2025
₹1.38 Cr margin 2.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 5%
5 years · compounded
▲ 49%
EBITDA CAGR growth
1 year
▲ 56%
3 years · compounded
▼ 4%
5 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 49% over five years, including 3% growth in the latest year. EBITDA rose 56% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.28 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity 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 Glacier Pharmaceuticals Private Limited, buy the company report.
Board of directors of Glacier Pharmaceuticals Private Limited
Glacier Pharmaceuticals has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Ashok Nanwani | Director | 06 Jan 2017 | 9 Years 9 Months | Current |
| Ashok Inderjit Nanwani | Director | 01 Jan 2003 | 23 Years 10 Months | Current |
Peer comparison
Glacier Pharmaceuticals Private Limited is compared with the 4 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution, Pharmaceuticals), 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 |
|---|---|---|---|---|---|---|
| BD Medico Private Limited | ₹55.03 Cr (FY 2025) | 176.0% | Mumbai, Maharashtra, India | |||
| Tradeco Pharmaceuticals Private Limited | ₹54.98 Cr (FY 2024) | 45.0% | Kolkata, West Bengal, India | |||
| Glacier Pharmaceuticals Private Limitedthis company | ₹54.81 Cr (FY 2025) | ₹1.28 Cr | 2.3% | 3.0% | Amaravati, Maharashtra, India | |
| Breeze - Well Infracon Private Limited | ₹54.53 Cr (FY 2025) | 15788.0% | Nagpur, Maharashtra, India | |||
| Pradipkumar Pharma Private Limited | ₹54.15 Cr (FY 2025) | -26.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Glacier Pharmaceuticals Private Limited, buy the company report.
Auditor
Glacier Pharmaceuticals Private Limited is audited by RAJDEO KALANTRI AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJDEO KALANTRI AND CO. | FY 2023 | 123235W |
Shareholding
The shareholding of Glacier Pharmaceuticals Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Glacier Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.9 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2017 | 100187815 | Others | ₹1.5 Cr | Open | |
| 13 Mar 2007 | 10043458 | The Akola Urban Co-Op. Bank Ltd. | ₹40 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Glacier Pharmaceuticals Private Limited has 7 court cases on record: 5 filed by Glacier Pharmaceuticals, 2 filed against it. 3 cases are pending and 4 are disposed.
Total cases
7
Filed by the company
5
Filed against the company
2
Pending
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 1 |
| District courts | 2 | 2 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Yavatmal, Maharashtra | Civil suit | Filed against the company | Pending |
| Bombay High Court | Writ petition | Filed by the company against State of Maha., THR. the Principal Secretary Dept. of Food and Drugs Administration, Mumbai and Anr | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against State of Maha., THR. Principal Secretary, Dept. of Food and Drugs Administration, Mumbai and Anr. and 1 other | Disposed |
| High Court, CHHATTISGARH | Writ petition | Filed by the company against State of Chhattisgarh and 1 other | Disposed |
| Supreme Court | Court case | Filed by the company against The State of Chhattisgarh | Disposed |
To see the full case history of Glacier 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Glacier Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Glacier Pharmaceuticals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCG3969L1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Glacier Pharmaceuticals Private Limited, buy the company report.
Recent activity
Glacier Pharmaceuticals Private Limited has 14 board changes on record since 1999: 8 appointments and 6 cessations. The latest: Jagdish Amarlal Hargunani ceased to be Director on 06 Jan 2017.
AGM
Glacier Pharmaceuticals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Glacier Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Nagpur.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100187815 was registered on 05 Dec 2017.
Ceased
Jagdish Amarlal Hargunani ceased to be Director.
Ceased
Jagdish Harikisan Navandar ceased to be Director.
Ceased
Prallhad Haribhau Bharambe ceased to be Director.
Ceased
Rameshchandra Narayandasji Murkey ceased to be Managing Director.
Appointed
Varsha Ashok Nanwani was appointed as Director.
Ceased
Pramodkumar Gangabisanji Gattani ceased to be Whole-Time Director.
Ceased
Rajendrakumar Shivdayal Zanwar ceased to be Director.
Charges
A charge with The Akola Urban Co-Op. Bank Ltd. amounted to Rs. 40.00 Lakh with Charge ID 10043458 was registered on 13 Mar 2007.
Appointed
Ashok Inderjit Nanwani was appointed as Director.
7 earlier events are in the company report.
Frequently asked questions
Glacier Pharmaceuticals is an active private limited company based in Amaravati, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 04 November 1999 (27+ years old) and is registered under CIN U24230MH1999PTC122545.
Glacier Pharmaceuticals has 2 current directors:
- Varsha Ashok Nanwani - Director
- Ashok Inderjit Nanwani - Director
The latest financial statements of Glacier Pharmaceuticals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Glacier Pharmaceuticals is 27AABCG3969L1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Glacier Pharmaceuticals is U24230MH1999PTC122545. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glacier Pharmaceuticals has 7 court cases on record: 5 filed by the company and 2 filed against it. 3 are pending. Most are in the high courts.
Glacier Pharmaceuticals was incorporated on 04 November 1999, making it 27+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Glacier Pharmaceuticals by revenue are BD Medico Private Limited, Tradeco Pharmaceuticals Private Limited, Breeze - Well Infracon Private Limited, Pradipkumar Pharma Private Limited, all in the Pharma industry (Pharma Retail and Distribution, Pharmaceuticals), with the same principal business activity (wholesale trading).
Jagdish Amarlal Hargunani ceased to be Director on 06 Jan 2017. Jagdish Harikisan Navandar ceased to be Director on 06 Jan 2017. Prallhad Haribhau Bharambe ceased to be Director on 06 Jan 2017. Glacier Pharmaceuticals has 14 board changes on record in total.
Yes, Glacier Pharmaceuticals is registered as a small enterprise under Udyam registration (number: UDYAM-MH-03-0011589).
The registered office of Glacier Pharmaceuticals is at Plot No G – 5 M I D Cindustrial Area, Amaravati, Maharashtra, India – 444605.
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