Leo Formulations Private Limited

Leo Formulations Private Limited - pharma in Sanand, Gujarat, India. FY 2026 financials & compliance.
CIN U24231GJ2003PTC042590 Incorporated 09 July 2003 ROC Ahmedabad HQ Sanand, Gujarat, India
Active Private Limited Company pharma MSME · Small
Data last updated
Revenue · FY 2025
₹8.97 Cr
▲ 4% YoY
Net profit · FY 2025
₹26.64 Lakh
Net margin 3%
EBITDA · FY 2025
₹64.58 Lakh
EBITDA margin 7.2%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹2.7 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
6
Provident fund records

About Leo Formulations Private Limited

Data last updated:

Leo Formulations Private Limited is a private limited company based in Sanand, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 09 July 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ2003PTC042590. Its GSTIN is 24AAACL9728P1ZX (Gujarat).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Devam Arvindbhai Mody and Anita Arvind Mody.

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 Gujarat Pharma Techno Park Village Sari Taluka Sanand Post Bavla, Gujarat, India – 382220.

As per the financials filed for FY 2025, the company reported a revenue of ₹8.97 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹26.64 Lakh (net margin 3%) and EBITDA of ₹64.58 Lakh (EBITDA margin 7.2%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.

The company has about 6 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Adamas Leo Formulations. As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹2.7 Cr on record. Court records list 5 cases involving the company, including 5 filed against it.

Leo Formulations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0035053). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U24231GJ2003PTC042590
Registration Number 042590
Incorporation Date 09 July 2003
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 Small
Udyam Registration UDYAM-GJ-01-0035053
Key People
Devam Arvindbhai Mody Director Anita Arvind Mody Director Arvind Shantilal Mody Director

Recognitions & Rankings of Leo Formulations

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0035053

Contact details

Leo Formulations Private Limited's registered office is in Sanand, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No. – 7 Gujarat Pharma Techno Park Village Sari Taluka Sanand Post Bavla, Gujarat, India – 382220
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Leo Formulations Private Limited, buy the company report.

Comprehensive company report
Leo Formulations Private 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

Leo Formulations operates one associated brand: Adamas Leo Formulations. Each brand links to its own profile.

BrandDescriptionWebsite
Adamas Leo Formulations
Manufactures and supplies a range of vitamin, derma, and anti-irritant pharmaceutical products.adamasleo.com

Business activity

The main business activity of Leo Formulations is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Leo Formulations Private Limited, buy the company report.

Financials of Leo Formulations Private Limited

FY 2025 filings available

Leo Formulations Private Limited reported revenue of ₹8.97 Cr (up 4% YoY) for FY 2025.

Revenue · FY 2025
₹8.97 Cr ▲ 4%
Net profit · FY 2025
₹26.64 Lakh margin 3%
EBITDA · FY 2025
₹64.58 Lakh margin 7.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▲ 50%
3 years · compounded
▼ 3%
5 years · compounded
▲ 3%

Revenue rose 4% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA rose 50% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹64.58 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹26.64 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.2%
Net Profit Margin3%
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 Leo Formulations Private Limited, buy the company report.

Board of directors of Leo Formulations Private Limited

Leo Formulations has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Devam Arvindbhai ModyDirector09 Jul 200323 Years 4 MonthsCurrent
Anita Arvind ModyDirector01 Dec 200421 Years 11 MonthsCurrent
Arvind Shantilal ModyDirector09 Jul 200323 Years 4 MonthsCurrent
View all directors

Auditor

Leo Formulations Private Limited is audited by MANOJ N PANDYA & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
MANOJ N PANDYA & COFY 2022106030W

Shareholding

The shareholding of Leo Formulations Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Leo Formulations Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2 Cr
Satisfied charges
₹2.7 Cr
Breakdown by lending institutions
Others₹2.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Jun 2020100344759Others₹2 CrOpen
27 Jun 2018100191674Others₹1.5 CrSatisfied
11 Oct 201210381375Siddhi Co. Op. Bank Ltd₹21 LakhSatisfied
27 Feb 201210338415Bank of Baroda₹83 LakhSatisfied
22 Jan 201010196593Bank of Baroda₹16.35 LakhSatisfied

To see the full charge records of Leo Formulations Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Leo Formulations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Leo Formulations Private Limited has a workforce of 6 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
6
Active EPFO establishments
1

GST

Leo Formulations has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACL9728P1ZXGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Leo Formulations Private Limited, buy the company report.

Recent activity

Leo Formulations Private Limited has 3 board changes on record since 2003: 3 appointments. The latest: Anita Arvind Mody was appointed as Director on 01 Dec 2004.

AGM
Leo Formulations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Leo Formulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 200.00 Lakh registered on 26 Jun 2020 with Charge ID 100344759 was modified on 30 Oct 2021.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100344759 was registered on 26 Jun 2020.
Charges
A charge registered on 27 Jun 2018 via Charge ID 100191674 with Others was fully satisfied on 19 Apr 2020.
Charges
A charge with Others of Rs. 150.00 Lakh registered on 27 Jun 2018 with Charge ID 100191674 was modified on 12 Jul 2018.
Charges
A charge registered on 27 Feb 2012 via Charge ID 10338415 with Bank Of Baroda was fully satisfied on 04 Jul 2018.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100191674 was registered on 27 Jun 2018.
Charges
A charge registered on 11 Oct 2012 via Charge ID 10381375 with Siddhi Co. Op. Bank Ltd was fully satisfied on 19 Jun 2018.
Charges
A charge with Bank Of Baroda of Rs. 83.00 Lakh registered on 27 Feb 2012 with Charge ID 10338415 was modified on 29 Apr 2013.
Charges
A charge with Siddhi Co. Op. Bank Ltd amounted to Rs. 21.00 Lakh with Charge ID 10381375 was registered on 11 Oct 2012.
Charges
A charge with Bank Of Baroda amounted to Rs. 83.00 Lakh with Charge ID 10338415 was registered on 27 Feb 2012.

6 earlier events are in the company report.

Frequently asked questions

Leo Formulations is an active private limited company based in Sanand, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 09 July 2003 (23+ years old) and is registered under CIN U24231GJ2003PTC042590.

Leo Formulations has 3 current directors:

The latest financial statements of Leo Formulations 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 Leo Formulations is 24AAACL9728P1ZX, registered in Gujarat.

The CIN (Corporate Identification Number) of Leo Formulations is U24231GJ2003PTC042590. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Leo Formulations has 5 court cases on record: 5 filed against it. Most are in the high courts.

Leo Formulations was incorporated on 09 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Anita Arvind Mody was appointed as Director on 01 Dec 2004. Arvind Shantilal Mody was appointed as Director on 09 Jul 2003. Devam Arvindbhai Mody was appointed as Director on 09 Jul 2003.

Yes, Leo Formulations is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0035053).

The registered office of Leo Formulations is at Plot No. – 7 Gujarat Pharma Techno Park Village Sari Taluka Sanand Post Bavla, Gujarat, India – 382220.