MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0013072
Hof Pharmaceuticals Limited - pharma in Sanand, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹40.48 Cr
▲ 15% YoY
Net loss · FY 2025
₹66.04 Lakh
Net margin -1.6%
EBITDA · FY 2025
₹3.05 Cr
EBITDA margin 7.5%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹8 Cr
Issued & subscribed
Open charges
₹46.58 Cr
Satisfied ₹14.34 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
17
Provident fund records
About Hof Pharmaceuticals Limited
Data last updated:
Hof Pharmaceuticals Limited is a public limited company based in Sanand, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 16 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2019PLC110346. Its GSTIN is 24AAFCH0752E1Z1 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹8 Cr. It is led by directors including Bharat Harjibhai Patel and Rajesh Mohanlal Patel.
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 S.No:211/4/5/6 Opp:Rathi Agro Industries Sanand – Bavla Road Vill.Pipan Ta: Sanand, Gujarat, India – 382110.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.48 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹66.04 Lakh (net margin -1.6%) and EBITDA of ₹3.05 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 136% over three years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: HOF Pharma ltd. As per MCA filings, the company has open charges of ₹46.58 Cr and satisfied charges of ₹14.34 Cr on record. Court records list 20 cases involving the company, including 19 filed by the company and 1 filed against it; 7 cases are pending.
Hof Pharmaceuticals Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0013072). For more details, the company can be reached via its website hofpharma.com.
Company details
CIN U24100GJ2019PLC110346
Registration Number 110346
Incorporation Date 16 October 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0013072
Key People
Bharat Harjibhai Patel Director Rajesh Mohanlal Patel Director Mansukh Vallabh Dhanani Director Recognitions & Rankings of Hof Pharmaceuticals
Contact details
Hof Pharmaceuticals Limited's registered office is in Sanand, Gujarat. Its website is hofpharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS.No:211/4/5/6 Opp:Rathi Agro Industries Sanand – Bavla Road Vill.Pipan Ta: Sanand, Gujarat, India – 382110
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Hof Pharmaceuticals Limited, buy the company report.
Comprehensive company report
Hof Pharmaceuticals 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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Brands
Hof Pharmaceuticals operates one associated brand: HOF Pharma ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| HOF Pharma manufactures exports ensures quality pharmaceutical products worldwide. | hofpharma.com |
Business activity
The main business activity of Hof Pharmaceuticals 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 Hof Pharmaceuticals Limited, buy the company report.
Financials of Hof Pharmaceuticals Limited
FY 2025 filings availableHof Pharmaceuticals Limited reported revenue of ₹40.48 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹40.48 Cr ▲ 15%
Net loss · FY 2025
₹66.04 Lakh margin -1.6%
EBITDA · FY 2025
₹3.05 Cr margin 7.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 136%
EBITDA CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 278%
5 years · compounded
▲ 223%
Revenue has grown at a compounded annual rate (CAGR) of 136% over three years, including 15% growth in the latest year. EBITDA rose 48% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹66.04 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | -1.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Hof Pharmaceuticals Limited, buy the company report.
Board of directors of Hof Pharmaceuticals Limited
Hof Pharmaceuticals has 6 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Harjibhai Patel | Director | 16 Oct 2019 | 7 Years 0 Months | Current |
| Rajesh Mohanlal Patel | Director | 16 Oct 2019 | 7 Years 0 Months | Current |
| Mansukh Vallabh Dhanani Also directs: Lanico Lifescience Private Limited | Director | 16 Oct 2019 | 7 Years 0 Months | Current |
| Abhigna Harshadkumar Kakadia Also directs: Hof Profectus LLP | Director | 01 Feb 2021 | 5 Years 9 Months | Current |
| Pravin Harjibhai Patel Also directs: Canaan Infraventures LLP, Luce Italia Private Limited, Hof Furniture System Private Limited and 1 more | Director | 01 Aug 2020 | 6 Years 3 Months | Current |
| Darshan Mansukhbhai Dhanani Also directs: Lanico Lifescience Private Limited | Director | 16 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Hof Pharmaceuticals Limited is compared with the 7 companies closest to it by revenue in the Pharma industry (Pharmaceuticals), 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 |
|---|---|---|---|---|---|---|
| Phanicare Pharmaceuticals Private Limited | ₹41.7 Cr (FY 2024) | -18.0% | Hyderabad, Telangana, India | |||
| Accrete Pharmaceuticals Private Limited | ₹41.49 Cr (FY 2025) | 19.0% | Hyderabad, Telangana, India | |||
| Relixir Pharmaceuticals Private Limited | ₹41.19 Cr (FY 2023) | 48.0% | Hyderabad, Telangana, India | |||
| Hof Pharmaceuticals Limitedthis company | ₹40.48 Cr (FY 2025) | -₹66.04 Lakh | -1.6% | 15.0% | 17 | Sanand, Gujarat, India |
| Alas Pharmaceuticals Private Limited | ₹40.4 Cr (FY 2021) | Pune, Maharashtra, India | ||||
| Siflon Drugs and Pharmaceuticals Private Limited | ₹40.38 Cr (FY 2025) | 38.0% | Hyderabad, Telangana, India | |||
| Yacca Pharmaceuticals Private Limited | ₹40.38 Cr (FY 2024) | 6.0% | Uttar Pradesh, India | |||
| Vip Pharmaceuticals Private Limited | ₹40.07 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India |
To see the full peer comparison of Hof Pharmaceuticals Limited, buy the company report.
Auditor
Hof Pharmaceuticals Limited is audited by KOTHARI & GUPTA ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KOTHARI & GUPTA ASSOCIATES | FY 2024 | 101200 |
Shareholding
The shareholding of Hof Pharmaceuticals 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 Hof Pharmaceuticals Limited, buy the company report.
Charges & borrowings
Open charges
₹46.58 Cr
Satisfied charges
₹14.34 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2025 | 101162380 | Others | ₹22.15 Cr | Open | |
| 03 Apr 2025 | 101081984 | Others | ₹18.75 Lakh | Open | |
| 29 Oct 2024 | 100997665 | Others | ₹2.25 Cr | Open | |
| 18 Oct 2023 | 100805275 | Others | ₹12 Cr | Open | |
| 18 Oct 2023 | 100805280 | Others | ₹10 Cr | Open |
To see the full charge records of Hof Pharmaceuticals Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Hof Pharmaceuticals Limited has 20 court cases on record: 19 filed by Hof Pharmaceuticals, 1 filed against it. 7 cases are pending and 13 are disposed.
Total cases
20
Filed by the company
19
Filed against the company
1
Pending
7
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 1 | 7 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against individuals | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against individuals | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Pharma Hub and 1 other | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against S K Pharma Distributors | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Rudra Pharma | Pending |
To see the full case history of Hof Pharmaceuticals 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 Hof Pharmaceuticals Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hof Pharmaceuticals Limited has a workforce of 17 employees on its EPFO records as of Mar 10, 2025, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
54.55%
GST
Hof Pharmaceuticals has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCH0752E1Z1 | Gujarat | Active | 25 Dec 2019 |
To see the full GST registrations and return filing status of Hof Pharmaceuticals Limited, buy the company report.
Recent activity
Hof Pharmaceuticals Limited has 11 board changes on record since 2019: 6 appointments and 5 cessations. The latest: Abhigna Harshadkumar Kakadia ceased to be Additional Director on 30 Sep 2022.
Charges
A charge with Others of Rs. 22.15 Cr registered on 29 Sep 2025 with Charge ID 101162380 was modified on 19 Dec 2025.
AGM
Hof Pharmaceuticals Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 22.15 Cr with Charge ID 101162380 was registered on 29 Sep 2025.
Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 101081984 was registered on 03 Apr 2025.
Filing
Hof Pharmaceuticals Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 2.25 Cr with Charge ID 100997665 was registered on 29 Oct 2024.
Charges
A charge with Others of Rs. 10.00 Cr registered on 18 Oct 2023 with Charge ID 100805280 was modified on 25 Sep 2024.
Charges
A charge registered on 29 Sep 2020 via Charge ID 100407268 with Others was fully satisfied on 02 Nov 2023.
Charges
A charge with Others of Rs. 12.00 Cr registered on 18 Oct 2023 with Charge ID 100805275 was modified on 25 Oct 2023.
Charges
A charge with Others amounted to Rs. 12.00 Cr with Charge ID 100805275 was registered on 18 Oct 2023.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100805280 was registered on 18 Oct 2023.
Charges
A charge with Others of Rs. 14.34 Cr registered on 29 Sep 2020 with Charge ID 100407268 was modified on 10 Apr 2023.
13 earlier events are in the company report.
Frequently asked questions
Hof Pharmaceuticals is an active public limited company based in Sanand, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 16 October 2019 (7+ years old) and is registered under CIN U24100GJ2019PLC110346.
Hof Pharmaceuticals has 6 current directors:
- Bharat Harjibhai Patel - Director
- Rajesh Mohanlal Patel - Director
- Mansukh Vallabh Dhanani - Director
- Abhigna Harshadkumar Kakadia - Director
- Pravin Harjibhai Patel - Director
- Darshan Mansukhbhai Dhanani - Director
The latest financial statements of Hof 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 FY 2020 are in the company report.
The GSTIN of Hof Pharmaceuticals is 24AAFCH0752E1Z1, registered in Gujarat. 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 Hof Pharmaceuticals is U24100GJ2019PLC110346. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hof Pharmaceuticals has 20 court cases on record: 19 filed by the company and 1 filed against it. 7 are pending.
Hof Pharmaceuticals was incorporated on 16 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Hof Pharmaceuticals by revenue are Phanicare Pharmaceuticals Private Limited, Accrete Pharmaceuticals Private Limited, Relixir Pharmaceuticals Private Limited, Alas Pharmaceuticals Private Limited, Siflon Drugs and Pharmaceuticals Private Limited and 2 more, all in the Pharma industry (Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Abhigna Harshadkumar Kakadia ceased to be Additional Director on 30 Sep 2022. Pravin Harjibhai Patel ceased to be Additional Director on 30 Sep 2022. Abhigna Harshadkumar Kakadia was appointed as Director on 01 Feb 2021. Hof Pharmaceuticals has 11 board changes on record in total.
Yes, Hof Pharmaceuticals is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0013072).
Hof Pharmaceuticals can be reached through the website hofpharma.com. Its registered office is in Sanand, Gujarat, India.
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