- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MH-19-0189545

JPM Pharma & Chemicals Private Limited
About JPM Pharma & Chemicals Private Limited
Data last updated:
JPM Pharma & Chemicals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 15 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24290MH2020PTC346104. Its GSTIN is 27AAECJ9418Q1ZS (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jitesh Mistry and Tejas Prakashkumar Mistry.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.36 Cr, a growth of 80% compared to the previous year. For the same year it recorded a net profit of ₹5.04 Lakh (net margin 0.9%) and EBITDA of ₹7.39 Lakh (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 149% over three years.
JPM Pharma & Chemicals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0189545).
Company details
Recognitions & Rankings of JPM Pharma & Chemicals
Contact details
JPM Pharma & Chemicals Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address108 Bldg – 5 Veena Saaz (Veena Swar), Opp. Thakur Vidhyalay Mandir Gate 2 Thakur Complex, Mumbai, Maharashtra, India – 400101
- IndustryPharma, Drug Formulation & Development
To see the full contact details of JPM Pharma & Chemicals 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 JPM Pharma & Chemicals 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 JPM Pharma & Chemicals Private Limited, buy the company report.
Financials of JPM Pharma & Chemicals Private Limited
FY 2024 filings availableJPM Pharma & Chemicals Private Limited reported revenue of ₹5.36 Cr (up 80% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 149% over three years, including 80% growth in the latest year. EBITDA fell 37% 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 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 | ₹7.39 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹5.04 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 1.4% | |||
| 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 JPM Pharma & Chemicals Private Limited, buy the company report.
Board of directors of JPM Pharma & Chemicals Private Limited
JPM Pharma & Chemicals has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tejas Prakashkumar Mistry | Additional Director | 26 Apr 2024 | 2 Years 6 Months | Current |
| Jitesh Mistry | Director | 15 Sep 2020 | 6 Years 1 Months | Current |
| Rasikkumar Chandrakant Panchal Also directs: Hillmist Resto Bar LLP | Additional Director | 21 Aug 2025 | 1 Years 2 Months | Current |
| Harshit Hasmukh Panchal | Additional Director | 21 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
JPM Pharma & Chemicals Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Formulations, Industrial Chemicals), 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 |
|---|---|---|---|---|---|---|
| Macheal Laboratories Limited | ₹5.37 Cr (FY 2024) | 39.0% | Gujarat, India | |||
| Upsilon Pharmaceuticals Health Care Private Limited | ₹5.37 Cr (FY 2024) | 3.0% | Gwalior, Madhya Pradesh, India | |||
| Jyoti Vishnu Pharma Private Limited | ₹5.37 Cr (FY 2025) | 3.0% | Hyderabad, Telangana, India | |||
| JPM Pharma & Chemicals Private Limitedthis company | ₹5.36 Cr (FY 2024) | ₹5.04 Lakh | 0.9% | 80.0% | Mumbai, Maharashtra, India | |
| Nimitta Trading Private Limited | ₹5.35 Cr (FY 2018) | -13.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of JPM Pharma & Chemicals Private Limited, buy the company report.
Auditor
JPM Pharma & Chemicals Private Limited is audited by S M BHAT & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M BHAT & ASSOCIATES | FY 2023 | 131347W |
Shareholding
The shareholding of JPM Pharma & Chemicals Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of JPM Pharma & Chemicals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving JPM Pharma & Chemicals 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 JPM Pharma & Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
JPM Pharma & Chemicals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECJ9418Q1ZS | Maharashtra | Active | 22 Feb 2021 |
To see the full GST registrations and return filing status of JPM Pharma & Chemicals Private Limited, buy the company report.
Recent activity
JPM Pharma & Chemicals Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Harshit Hasmukh Panchal was appointed as Additional Director on 21 Aug 2025.
Frequently asked questions
JPM Pharma & Chemicals is an active private limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 15 September 2020 (6+ years old) and is registered under CIN U24290MH2020PTC346104.
JPM Pharma & Chemicals has 4 current directors:
- Tejas Prakashkumar Mistry - Additional Director
- Jitesh Mistry - Director
- Rasikkumar Chandrakant Panchal - Additional Director
- Harshit Hasmukh Panchal - Additional Director
The latest financial statements of JPM Pharma & Chemicals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
The GSTIN of JPM Pharma & Chemicals is 27AAECJ9418Q1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of JPM Pharma & Chemicals is U24290MH2020PTC346104. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JPM Pharma & Chemicals was incorporated on 15 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of JPM Pharma & Chemicals by revenue are Macheal Laboratories Limited, Upsilon Pharmaceuticals Health Care Private Limited, Jyoti Vishnu Pharma Private Limited, Nimitta Trading Private Limited, all in the Chemicals industry (Formulations, Industrial Chemicals), with the same principal business activity (wholesale trading).
Harshit Hasmukh Panchal was appointed as Additional Director on 21 Aug 2025. Rasikkumar Chandrakant Panchal was appointed as Additional Director on 21 Aug 2025. Tejas Prakashkumar Mistry ceased to be Additional Director on 21 Aug 2025. JPM Pharma & Chemicals has 6 board changes on record in total.
Yes, JPM Pharma & Chemicals is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0189545).
The registered office of JPM Pharma & Chemicals is at 108 Bldg – 5 Veena Saaz Veena Swar, Opp. Thakur Vidhyalay Mandir Gate 2 Thakur Complex, Mumbai, Maharashtra, India – 400101.
JPM Pharma & Chemicals operates in the pharma industry, in the drug formulation and development segment.

