- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0079188

About Iris Pharmachem (India) Private Limited
Data last updated:
Iris Pharmachem (India) Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the flavouring and seasoning additives segment of the food and beverages sector. It was incorporated on 10 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24230GJ2000PTC037756. Its GSTIN is 24AAACI6375B1ZW (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.82 Lakh. It is led by directors Kiritkumar Chandulal Bhatt (Managing Director) and Shamik Kiritkumar Bhatt.
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.7 Mahagujarat Industrial Estate Ahmedabad Bavla Road Moraiya Changodar, Gujarat, India – 382213.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.84 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹9.29 Lakh (net margin -0.9%) and EBITDA of ₹66.6 Lakh (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 4% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.9 Cr and satisfied charges of ₹1.05 Cr on record.
Iris Pharmachem (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0079188). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website irispharma.com.
Company details
Recognitions & Rankings of Iris Pharmachem (India)
Contact details
Iris Pharmachem (India) Private Limited's registered office is in Ahmedabad, Gujarat. Its website is irispharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.7 Mahagujarat Industrial Estate Ahmedabad Bavla Road Moraiya Changodar, Gujarat, India – 382213
- IndustryFood and Beverages, Flavouring & Seasoning Additives
To see the full contact details of Iris Pharmachem (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
Business activity
The main business activity of Iris Pharmachem (India) 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 Iris Pharmachem (India) Private Limited, buy the company report.
Financials of Iris Pharmachem (India) Private Limited
FY 2025 filings availableIris Pharmachem (India) Private Limited reported revenue of ₹10.84 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 9% growth in the latest year. EBITDA rose 115% 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 | ₹66.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.29 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 | 6.1% | ||||
| Net Profit Margin | -0.9% | ||||
| 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 Iris Pharmachem (India) Private Limited, buy the company report.
Board of directors of Iris Pharmachem (India) Private Limited
Iris Pharmachem (India) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shamik Kiritkumar Bhatt | Director | 11 Apr 2000 | 26 Years 6 Months | Current |
| Kiritkumar Chandulal Bhatt Also directs: Citro Calcoat Private Limited | Managing Director | 11 Apr 2000 | 26 Years 6 Months | Current |
Peer comparison
Iris Pharmachem (India) Private Limited is compared with the 6 companies closest to it by revenue in the Food and Beverages industry (API Manufacturers, Flavouring and Seasoning Additives), 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 |
|---|---|---|---|---|---|---|
| Sodum Drugs and Pharmaceuticals Private Limited | ₹11.15 Cr (FY 2022) | 485.0% | Medak, Telangana, India | |||
| Sanvaria Chemicals Limited | ₹11.08 Cr (FY 2025) | -15.0% | Bhavnagar, Gujarat, India | |||
| Leedskem (India) Limited | ₹10.95 Cr (FY 2024) | 159.0% | Jalgaon, Maharashtra, India | |||
| Iris Pharmachem (India) Private Limitedthis company | ₹10.84 Cr (FY 2025) | -₹9.29 Lakh | -0.9% | 9.0% | 4 | Ahmedabad, Gujarat, India |
| Viva Drugs Private Limited | ₹10.8 Cr (FY 2025) | 3.0% | Khamano, Punjab, India | |||
| Ven Life Sciences Private Limited | ₹10.79 Cr (FY 2025) | 782.0% | Hyderabad, Telangana, India | |||
| SRV Biosciences Private Limited | ₹10.41 Cr (FY 2025) | 495.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Iris Pharmachem (India) Private Limited, buy the company report.
Auditor
Iris Pharmachem (India) Private Limited is audited by MADHUSUDAN C MASHRUWALA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MADHUSUDAN C MASHRUWALA & CO | FY 2023 | 105717W |
Shareholding
The shareholding of Iris Pharmachem (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 Iris Pharmachem (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2015 | 10610008 | Indian Overseas Bank | ₹2.9 Cr | Open | |
| 01 Mar 2016 | 10625577 | Kotak Mahindra Bank Limited | ₹1.05 Cr | Satisfied |
To see the full charge records of Iris Pharmachem (India) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Iris Pharmachem (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Iris Pharmachem (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Iris Pharmachem (India) Private Limited has a workforce of 4 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Iris Pharmachem (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACI6375B1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Iris Pharmachem (India) Private Limited, buy the company report.
Recent activity
Iris Pharmachem (India) Private Limited has 4 board changes on record since 2000: 3 appointments and 1 cessation. The latest: Dhruvkumar Chandulal Bhatt ceased to be Director on 26 Apr 2015.
Frequently asked questions
Iris Pharmachem (India) is an active private limited company based in Ahmedabad, Gujarat, India. The company works in flavouring and seasoning additives, within the food and beverages industry. It was incorporated on 10 April 2000 (26+ years old) and is registered under CIN U24230GJ2000PTC037756.
Iris Pharmachem (India) has 2 current directors:
- Kiritkumar Chandulal Bhatt - Managing Director
- Shamik Kiritkumar Bhatt - Director
The latest financial statements of Iris Pharmachem (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 Iris Pharmachem (India) is 24AAACI6375B1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Iris Pharmachem (India) is U24230GJ2000PTC037756. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iris Pharmachem (India) was incorporated on 10 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Iris Pharmachem (India) by revenue are Sodum Drugs and Pharmaceuticals Private Limited, Sanvaria Chemicals Limited, Leedskem (India) Limited, Viva Drugs Private Limited, Ven Life Sciences Private Limited and 1 more, all in the Food and Beverages industry (API Manufacturers, Flavouring and Seasoning Additives), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Dhruvkumar Chandulal Bhatt ceased to be Director on 26 Apr 2015. Dhruvkumar Chandulal Bhatt was appointed as Director on 11 Apr 2000. Kiritkumar Chandulal Bhatt was appointed as Managing Director on 11 Apr 2000. Iris Pharmachem (India) has 4 board changes on record in total.
Yes, Iris Pharmachem (India) is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0079188).
Iris Pharmachem (India) can be reached through the website irispharma.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Iris Pharmachem (India) is at Plot No.7 Mahagujarat Industrial Estate Ahmedabad Bavla Road Moraiya Changodar, Gujarat, India – 382213.

