About Advanz Pharma Services (India) Private Limited
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Advanz Pharma Services (India) Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mercury Pharma International Limited. It operates in the business process outsourcing sector. It was incorporated on 18 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH1999FTC120396. Its GSTIN is 27AABCG5694A1ZP (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Concordia International (India) Private Limited and Mercury Pharma Services Private Limited. It is led by directors including Bhavesh Harji Godhania and Gaurav Wadhwa.
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 Level – 5 – Tower II Phase II Raiaskaran Tech Park Andheri Kurla Road Andheri (East), Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2025, the company reported a revenue of ₹184.77 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹21.8 Cr (net margin 11.8%) and EBITDA of ₹36.9 Cr (EBITDA margin 20%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 12% over five years.
The company has about 336 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Concordia International. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2022. The company has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website concordiarxinternational.com.
Company details
Name history
Advanz Pharma Services (India) has undergone 7 name changes throughout its history. The current legal name is Advanz Pharma Services (India) Private Limited.
| Company Name | Status |
|---|---|
| Advanz Pharma Services (India) Private Limited | Current |
| Concordia International (India) Private Limited | Previous |
| Mercury Pharma Services Private Limited | Previous |
| Concordia International (India) Servicesprivate Limited | Previous |
| Amdipharm Mercury Services Private Limited | Previous |
| Concordia International (India) Services Private Limited | Previous |
| Goldshield Services Private Limited | Previous |
| Concordia International Rx (India) Private Limited | Previous |
CIN history
Advanz Pharma Services (India) has one previous CIN (Corporate Identification Number): U74990MH1999PTC120396. The current CIN is U74990MH1999FTC120396, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74990MH1999FTC120396 | Current |
| U74990MH1999PTC120396 | Previous |
Contact details
Advanz Pharma Services (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is concordiarxinternational.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLevel – 5 – Tower II Phase II Raiaskaran Tech Park Andheri Kurla Road Andheri (East), Mumbai, Maharashtra, India – 400072
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Advanz Pharma Services (India) 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
Advanz Pharma Services (India) operates one associated brand: Concordia International. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distributes specialty pharmaceutical drugs to healthcare providers. | concordiarxinternational.com |
Business activity
The main business activity of Advanz Pharma Services (India) is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Advanz Pharma Services (India) Private Limited, buy the company report.
Financials of Advanz Pharma Services (India) Private Limited
FY 2025 filings availableAdvanz Pharma Services (India) Private Limited reported revenue of ₹184.77 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 14% growth in the latest year. EBITDA rose 19% 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 |
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| EBITDA | ₹36.9 Cr | ||||
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| Net Profit (PAT) | ₹21.8 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20% | ||||
| Net Profit Margin | 11.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Advanz Pharma Services (India) Private Limited, buy the company report.
Board of directors of Advanz Pharma Services (India) Private Limited
Advanz Pharma Services (India) has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavesh Harji Godhania | Director | 30 Sep 2013 | 13 Years 1 Months | Current |
| Gaurav Wadhwa | Director | 22 Mar 2022 | 4 Years 7 Months | Current |
| Abhishek Sinha | Director | 23 Feb 2022 | 4 Years 8 Months | Current |
Auditor
Advanz Pharma Services (India) Private Limited is audited by Price Waterhouse & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co. | FY 2023 | FRN304026E/E-300009 |
Shareholding
The shareholding of Advanz Pharma Services (India) 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 Advanz Pharma Services (India) Private Limited, buy the company report.
Deals & funding
Advanz Pharma Services (India) Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Mercury Pharma International Limited, Mercury Pharma Group Limited Seller: Goldshield Healthcare Private Limited |
| Feb 2007 | Secondary share transfer | Undisclosed | Buyer: Goldshield Healthcare Private Limited Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Advanz Pharma Services (India) Private Limited has 4 court cases on record: 3 filed by Advanz Pharma Services (India), 1 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 2 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Newton MP Technologies Ltd and 4 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against State of Maharashtra and Anr. and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by an individual | Disposed |
To see the full case history of Advanz Pharma Services (India) 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
Advanz Pharma Services (India) Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Techsol Life Sciences Private Limited |
To see the full MSME payment records of Advanz Pharma Services (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Advanz Pharma Services (India) Private Limited has a workforce of 336 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 336 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Advanz Pharma Services (India) Private Limited, buy the company report.
GST
Advanz Pharma Services (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCG5694A1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Advanz Pharma Services (India) Private Limited, buy the company report.
Recent activity
Advanz Pharma Services (India) Private Limited has 21 board changes on record since 2007: 3 appointments and 18 cessations. The latest: Abhishek Sinha ceased to be Additional Director on 30 Sep 2022.
12 earlier events are in the company report.
Frequently asked questions
Advanz Pharma Services (India) is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 18 June 1999 (27+ years old) and is registered under CIN U74990MH1999FTC120396.
Advanz Pharma Services (India) has 3 current directors:
- Bhavesh Harji Godhania - Director
- Gaurav Wadhwa - Director
- Abhishek Sinha - Director
The latest financial statements of Advanz Pharma Services (India) 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 Advanz Pharma Services (India) is 27AABCG5694A1ZP, registered in Maharashtra. 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 Advanz Pharma Services (India) is U74990MH1999FTC120396. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advanz Pharma Services (India) has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Advanz Pharma Services (India) was incorporated on 18 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Advanz Pharma Services (India) has 2 deals on record (2 secondary share transfers); the latest was in March 2022.
Abhishek Sinha ceased to be Additional Director on 30 Sep 2022. Andreas Stickler ceased to be Additional Director on 30 Sep 2022. Gaurav Wadhwa ceased to be Additional Director on 30 Sep 2022. Advanz Pharma Services (India) has 21 board changes on record in total.
Advanz Pharma Services (India) has 2 MSME Form 1 returns on record for the period ending Sep 2022, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Feb 2024.
Advanz Pharma Services (India) can be reached through the website concordiarxinternational.com. Its registered office is in Mumbai, Maharashtra, India.
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