
La-Pharma(Gujarat) Private Limited
About La-Pharma(Gujarat) Private Limited
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La-Pharma(Gujarat) Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 17 October 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24232GJ1990PTC014544. Its GSTIN is 24AAACL6999E1Z9 (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashish Sureshbhai Shah and Chetan Sureshbhai Shah.
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 4/B Gujarat Siddharth Society Polytechnic Road, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.91 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹37.8 Lakh (net margin 7.7%) and EBITDA of ₹52.65 Lakh (EBITDA margin 10.7%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 3% over five years.
Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
La-Pharma(Gujarat) Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4/B Gujarat Siddharth Society Polytechnic Road, Ahmedabad, Gujarat, India – 380015
- IndustryPharma, Drug Formulation & Development
To see the full contact details of La-Pharma(Gujarat) 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 La-Pharma(Gujarat) 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 La-Pharma(Gujarat) Private Limited, buy the company report.
Financials of La-Pharma(Gujarat) Private Limited
FY 2025 filings availableLa-Pharma(Gujarat) Private Limited reported revenue of ₹4.91 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 6% fall in the latest year. EBITDA rose 148% 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 | ₹52.65 Lakh | ||||
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| Net Profit (PAT) | ₹37.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 7.7% | ||||
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To see the full financial statements and ratios of La-Pharma(Gujarat) Private Limited, buy the company report.
Board of directors of La-Pharma(Gujarat) Private Limited
La-Pharma(Gujarat) 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 |
|---|---|---|---|---|
| Ashish Sureshbhai Shah | Director | 17 Oct 1990 | 36 Years 0 Months | Current |
| Chetan Sureshbhai Shah | Director | 30 Mar 1998 | 28 Years 7 Months | Current |
Peer comparison
La-Pharma(Gujarat) Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Formulations), 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 |
|---|---|---|---|---|---|---|
| Switzer Lifescience Private Limited | ₹4.93 Cr (FY 2025) | -35.0% | Ahmedabad, Gujarat, India | |||
| Reliv Healthcare Private Limited | ₹4.93 Cr (FY 2022) | -18.0% | Mumbai, Maharashtra, India | |||
| Variety Pharmaceuticals Pvt Ltd | ₹4.92 Cr (FY 2025) | -11.0% | Palakkad, Kerala, India | |||
| La-Pharma(Gujarat) Private Limitedthis company | ₹4.91 Cr (FY 2025) | ₹37.8 Lakh | 7.7% | -6.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of La-Pharma(Gujarat) Private Limited, buy the company report.
Auditor
La-Pharma(Gujarat) Private Limited is audited by R R TIBREWALA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R R TIBREWALA & CO. | FY 2022 | 0112387W |
Shareholding
The shareholding of La-Pharma(Gujarat) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of La-Pharma(Gujarat) Private Limited, buy the company report.
Legal cases
La-Pharma(Gujarat) Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The State of Gujarat | Disposed |
To see the full case history of La-Pharma(Gujarat) 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
La-Pharma(Gujarat) Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 26 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Shah Print-Pack | |||
| Foil Print & Packers | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of La-Pharma(Gujarat) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
La-Pharma(Gujarat) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACL6999E1Z9 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of La-Pharma(Gujarat) Private Limited, buy the company report.
Recent activity
La-Pharma(Gujarat) Private Limited has 3 board changes on record since 1990: 2 appointments and 1 cessation. The latest: Sureshbhai Chimanlal Shah ceased to be Director on 30 Dec 2022.
Frequently asked questions
La-Pharma(Gujarat) is an active private limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 17 October 1990 (36+ years old) and is registered under CIN U24232GJ1990PTC014544.
La-Pharma(Gujarat) has 2 current directors:
- Ashish Sureshbhai Shah - Director
- Chetan Sureshbhai Shah - Director
The latest financial statements of La-Pharma(Gujarat) 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 La-Pharma(Gujarat) is 24AAACL6999E1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of La-Pharma(Gujarat) is U24232GJ1990PTC014544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
La-Pharma(Gujarat) has 2 court cases on record: 2 filed against it.
La-Pharma(Gujarat) was incorporated on 17 October 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of La-Pharma(Gujarat) by revenue are Switzer Lifescience Private Limited, Reliv Healthcare Private Limited, Variety Pharmaceuticals Pvt Ltd, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Sureshbhai Chimanlal Shah ceased to be Director on 30 Dec 2022. Chetan Sureshbhai Shah was appointed as Director on 30 Mar 1998. Ashish Sureshbhai Shah was appointed as Director on 17 Oct 1990.
La-Pharma(Gujarat) has 3 MSME Form 1 returns on record between 2019 and 2020, listing 26 overdue payments to 11 micro and small suppliers. The latest return was filed on 23 May 2020.
The registered office of La-Pharma(Gujarat) is at 4B Gujarat Siddharth Society Polytechnic Road, Ahmedabad, Gujarat, India – 380015.
La-Pharma(Gujarat) operates in the pharma industry, in the drug formulation and development segment.

