MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0024240
Hindustan Biosynth Limited - pharma in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.98 Cr
▲ 76% YoY
Net profit · FY 2025
₹35.17 Lakh
Net margin 5%
EBITDA · FY 2025
₹73.21 Lakh
EBITDA margin 10.5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹1.1 Cr
Satisfied ₹82 Lakh
Company age
22 yrs
Est. 2004
Employees · EPFO
18
Provident fund records
About Hindustan Biosynth Limited
Data last updated:
Hindustan Biosynth Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 05 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ2004PLC043432. Its GSTIN is 24AABCH4083J1ZM (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Rahul Chandulal Limbachiya and Sauhil Sudesh Bhattia.
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.157 1st Floor G.I.D.C. Industrial Estate Por – Ramangamdi, Vadodara, Gujarat, India – 391243.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.98 Cr, a growth of 76% compared to the previous year. For the same year it recorded a net profit of ₹35.17 Lakh (net margin 5%) and EBITDA of ₹73.21 Lakh (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 36% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hindustan Biosynth. As per MCA filings, the company has open charges of ₹1.1 Cr and satisfied charges of ₹82 Lakh on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
Hindustan Biosynth Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0024240). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hindustanbiosynth.com.
Company Details of Hindustan Biosynth Limited
CIN U24231GJ2004PLC043432
Registration Number 043432
Incorporation Date 05 January 2004
ROC Ahmedabad
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 Micro
Udyam Registration UDYAM-GJ-24-0024240
Key People
Rahul Chandulal Limbachiya Director Sauhil Sudesh Bhattia Director Sudeshkumar Banarasidas Bhatia Director Recognitions & Rankings of Hindustan Biosynth
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No.157 1st Floor G.I.D.C. Industrial Estate Por – Ramangamdi, Vadodara, Gujarat, India – 391243
- IndustryPharma, Drug Formulation & Development
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Associated Brands with Hindustan Biosynth Limited
Hindustan Biosynth operates one associated brand: Hindustan Biosynth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting Ayurvedic pharmaceuticals for various health conditions in India. | hindustanbiosynth.com |
Business Activity of Hindustan Biosynth Limited
The main business activity of Hindustan Biosynth is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Hindustan Biosynth Limited FY 2025 filings available
Hindustan Biosynth Limited reported revenue of ₹6.98 Cr (up 76% YoY) for FY 2025.
Revenue · FY 2025
₹6.98 Cr ▲ 76%
Net profit · FY 2025
₹35.17 Lakh margin 5%
EBITDA · FY 2025
₹73.21 Lakh margin 10.5%
Compounded Annual Growth Rate (CAGR) of Hindustan Biosynth Limited
Revenue CAGR growth
1 year
▲ 76%
3 years · compounded
▲ 54%
5 years · compounded
▲ 36%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 41%
5 years · compounded
▲ 24%
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 76% growth in the latest year. EBITDA rose 12% 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 Hindustan Biosynth Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹73.21 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹35.17 Lakh | •••• | •••• | •••• | •••• |
| 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 Hindustan Biosynth Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5% | •••• | •••• | •••• | •••• |
| 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 Hindustan Biosynth are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
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Verified entity values are shown only after access is granted.
Board of Directors of Hindustan Biosynth Limited
Hindustan Biosynth has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Chandulal Limbachiya Also directs: Health and Hygiene Products(India)Limited, Manisha Analytical Laboratories Private Limited, Hindustan Pharmachem Limited and 1 more | Director | 13 Mar 2014 | 12 Years 7 Months | Current |
| Sauhil Sudesh Bhattia | Director | 13 Mar 2014 | 12 Years 7 Months | Current |
| Sudeshkumar Banarasidas Bhatia Also directs: Health and Hygiene Products(India)Limited, Hindustan Pharmachem Limited, Dr Good Health Phytotherapies LLP and 1 more | Director | 13 Mar 2014 | 12 Years 7 Months | Current |
| Bhavesh Chandulal Limbachiya Also directs: Health and Hygiene Products(India)Limited, Manisha Analytical Laboratories Private Limited, Hindustan Pharmachem Limited and 1 more | Director | 13 Mar 2014 | 12 Years 7 Months | Current |
Peer Comparison of Hindustan Biosynth Limited
Hindustan Biosynth 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 |
|---|---|---|---|---|---|---|
| Blessings Healthcare Private Limited | ₹7.03 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Himachal Pradesh, India |
| Sankalp Healthcare and Allied Products Private Limited | ₹7.02 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Mumbai, Maharashtra, India |
| Aarmed Bio-Science Private Limited | ₹7 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Sanand, Gujarat, India |
| Sauerstoff Life Saving Private Limited | ₹6.99 Cr (FY 2024) | •••• | •••• | 533.0% | •••• | Kanpur, Uttar Pradesh, India |
| Mint Life Sciences Private Limited | ₹6.99 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Panchkula, Haryana, India |
| Hindustan Biosynth Limited this company | ₹6.98 Cr (FY 2025) | •••• | •••• | 76.0% | •••• | Vadodara, Gujarat, India |
| Snig Pharma Private Limited | ₹6.94 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Karnataka, India |
| Vulcan Laboratories Pvt Ltd | ₹6.93 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Kolkata, West Bengal, India |
| Spab Chemicals Private Limited | ₹6.93 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Mumbai, Maharashtra, India |
| SK Formulations India Private Limited | ₹6.92 Cr (FY 2023) | •••• | •••• | 23.0% | •••• | Thane, Maharashtra, India |
| Maxell Pharma Private Limited | ₹6.92 Cr (FY 2024) | •••• | •••• | 52.0% | •••• | Sriperumbudur, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Hindustan Biosynth 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 Hindustan Biosynth Limited
Hindustan Biosynth Limited is audited by PARIKH MEHTA AND ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PARIKH MEHTA AND ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Hindustan Biosynth Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
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- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Hindustan Biosynth Limited
Open charges
₹1.1 Cr
Satisfied charges
₹82 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Nov 2025 | Hdfc Bank Limited | ₹15.39 Lakh | Open |
| 06 Apr 2023 | Hdfc Bank Limited | ₹75 Lakh | Open |
| 13 Jul 2021 | Others | ₹20 Lakh | Open |
| 23 Jun 2007 | Indian Bank | ₹42 Lakh | Satisfied |
| 19 Mar 2007 | Indian Bank | ₹40 Lakh | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Hindustan Biosynth Limited
Hindustan Biosynth Limited has 4 court cases on record: 2 filed by Hindustan Biosynth, 2 filed against it. All cases are disposed. Status as checked between 28 Sep 2026 and 01 Oct 2026.
Total cases
4
Filed by the company
2
Filed against the company
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Shree Siddhi Vinayak Enterprises | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by an individual | Disposed |
| District court, Vadodara, Gujarat | Court case (CR EN) | Filed by the company against an individual | Disposed |
| District court, Nashik, Maharashtra | Criminal miscellaneous application | Filed against the company by State | Disposed |
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Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 by Hindustan Biosynth Limited
Hindustan Biosynth Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 284 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Devi Marketing Pvt Ltd | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Prashant Pharmaceuticals | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Kaiwal Biotech | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 11 MSME Form 1 returns is in the company report.
- Every reported supplier due
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- Period-by-period history
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Hindustan Biosynth Limited
Hindustan Biosynth Limited has a workforce of 18 employees as of Mar 10, 2025.
Employee count
18
Active EPFO establishments
1
Employee growth
80%
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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
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Recent Activity on Hindustan Biosynth Limited
Hindustan Biosynth Limited has 12 board changes on record since 2012: 4 appointments and 8 cessations. The latest: Bhavesh Chandulal Limbachiya ceased to be Additional Director on 24 Nov 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.39 Lakh with Charge ID 101184092 was registered on 06 Nov 2025.
AGM
Hindustan Biosynth Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hindustan Biosynth Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 19 Mar 2007 via Charge ID 10043972 with Indian Bank was fully satisfied on 13 Apr 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 75.00 Lakh with Charge ID 100709511 was registered on 06 Apr 2023.
Ceased
Bhavesh Chandulal Limbachiya ceased to be Additional Director.
Ceased
Rahul Chandulal Limbachiya ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 100477003 was registered on 13 Jul 2021.
Charges
A charge registered on 23 Jun 2007 via Charge ID 10058986 with Indian Bank was fully satisfied on 14 Jun 2021.
Ceased
Sauhil Sudesh Bhattia ceased to be Additional Director.
Ceased
Sudeshkumar Banarasidas Bhatia ceased to be Additional Director.
Ceased
Ramakant Ghanshyam Shukla ceased to be Director.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Hindustan Biosynth Limited
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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
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Subsidiaries & Group Companies of Hindustan Biosynth Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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GST Compliance of Hindustan Biosynth Limited
Hindustan Biosynth has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCH4083J1ZM | Gujarat | Active | 01 Jul 2017 |
| 29AABCH4083J1ZC | Karnataka | Active | 04 Jan 2024 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Hindustan Biosynth Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Hindustan Biosynth Limited
Hindustan Biosynth is an active public limited company based in Vadodara, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 05 January 2004 (22+ years old) and is registered under CIN U24231GJ2004PLC043432.
Hindustan Biosynth reported revenue of ₹6.98 Cr for FY 2025 (up 76% YoY).
Hindustan Biosynth has 4 current directors:
- Rahul Chandulal Limbachiya - Director
- Sauhil Sudesh Bhattia - Director
- Sudeshkumar Banarasidas Bhatia - Director
- Bhavesh Chandulal Limbachiya - Director
Hindustan Biosynth reported a net profit of ₹35.17 Lakh (net margin 5%) and EBITDA of ₹73.21 Lakh (EBITDA margin 10.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hindustan Biosynth is 54% over three years and 36% over five years. In the latest year (FY 2025) revenue rose 76%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hindustan Biosynth is 24AABCH4083J1ZM, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AABCH4083J1ZC (Karnataka).
The CIN (Corporate Identification Number) of Hindustan Biosynth is U24231GJ2004PLC043432. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hindustan Biosynth has 4 court cases on record: 2 filed by the company and 2 filed against it.
Hindustan Biosynth was incorporated on 05 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Hindustan Biosynth by revenue are Blessings Healthcare Private Limited, Sankalp Healthcare and Allied Products Private Limited, Aarmed Bio-Science Private Limited, Sauerstoff Life Saving Private Limited, Mint Life Sciences Private Limited and 5 more, all in the Pharma industry (Formulations).
Bhavesh Chandulal Limbachiya ceased to be Additional Director on 24 Nov 2021. Rahul Chandulal Limbachiya ceased to be Additional Director on 22 Nov 2021. Sauhil Sudesh Bhattia ceased to be Additional Director on 19 Sep 2015. Hindustan Biosynth has 12 board changes on record in total.
Yes, Hindustan Biosynth is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0024240).