About Precise Chemipharma P Ltd
Data last updated:
Precise Chemipharma P Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 09 November 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1993PTC075033. Its GSTIN is 27AAACP3180F1ZM (Maharashtra). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors including Gauri Pranay Shah and Mehul Pravin Shah.
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 Shop No 4 Neelkanth Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.2 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹2.08 Cr (net margin -4.3%) and EBITDA of ₹68.22 Lakh (EBITDA margin 1.4%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 11% over five years.
The company has about 127 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Precise Chemipharma. As per MCA filings, the company has open charges of ₹50.33 Cr and satisfied charges of ₹58.47 Cr on record. Court records list 9 cases involving the company, including 3 filed by the company and 6 filed against it. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.2 Cr; the latest was in March 2022. Its 9 peer companies in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 5 smaller; the largest is Atlas Life Sciences (India) Private Limited with revenue of ₹49.58 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2024, listing 238 overdue payments to 48 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website precisechemipharma.com.
Company details
Contact details
Precise Chemipharma P Ltd's registered office is in Mumbai, Maharashtra. Its website is precisechemipharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No 4 Neelkanth Business Park Co Op Premises Society Ltd Nathani Road Vidyavihar – Wes, T, Mumbai, Maharashtra, India – 400086
- IndustryPharma, API Manufacturers
To see the full contact details of Precise Chemipharma P Ltd, 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
Brands
Precise Chemipharma P operates one associated brand: Precise Chemipharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of generic drugs | precisechemipharma.com |
Business activity
The main business activity of Precise Chemipharma P 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 Precise Chemipharma P Ltd, buy the company report.
Financials of Precise Chemipharma P Ltd
FY 2024 filings availablePrecise Chemipharma P Ltd reported revenue of ₹48.2 Cr (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 23% fall in the latest year. EBITDA fell 79% 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 | ₹68.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.08 Cr | ||||
| 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 | 1.4% | ||||
| Net Profit Margin | -4.3% | ||||
| 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 Precise Chemipharma P Ltd, buy the company report.
Board of directors of Precise Chemipharma P Ltd
Precise Chemipharma P has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gauri Pranay Shah | Director | Current | ||
| Mehul Pravin Shah | Director | 01 Jun 2024 | 2 Years 4 Months | Current |
| Pranay Pravin Shah Also directs: Peakhatch Infra LLP, Packeteer Private Limited, Prekem Pharmaceuticals Private Limited and 3 more | Director | 02 Apr 1997 | 29 Years 6 Months | Current |
Peer comparison
Precise Chemipharma P Ltd is compared with the 9 companies closest to it by revenue in the Pharma industry (API Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Atlas Life Sciences (India) Private Limited | ₹49.58 Cr (FY 2025) | 1010.0% | Ahmedabad, Gujarat, India | |||
| Pragna Dyechem Private Limited | ₹48.78 Cr (FY 2025) | 9.0% | Bharuch, Gujarat, India | |||
| Ramdev Chemical Private Limited | ₹48.52 Cr (FY 2022) | 23.0% | Mumbai, Maharashtra, India | |||
| Infichem Pharma Private Limited | ₹48.5 Cr (FY 2024) | -14.0% | Pardi, Gujarat, India | |||
| Precise Chemipharma P Ltdthis company | ₹48.2 Cr (FY 2025) | -₹2.08 Cr | -4.3% | -23.0% | 127 | Mumbai, Maharashtra, India |
| SRC Laboratories Private Limited | ₹47.92 Cr (FY 2025) | 32.0% | Sultanpur, Telangana, India | |||
| Taurus Chemicals Pvt Ltd | ₹47.32 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India | |||
| Azakem Labs Private Limited | ₹47.09 Cr (FY 2025) | -8.0% | Hyderabad, Telangana, India | |||
| Agarwal Life Sciences Private Limited | ₹46.97 Cr (FY 2025) | -18.0% | Mumbai, Maharashtra, India | |||
| PSN Medicare Private Limited | ₹46.96 Cr (FY 2025) | -48.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Precise Chemipharma P Ltd, buy the company report.
Auditor
Precise Chemipharma P Ltd is audited by Ramesh Shishodia & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ramesh Shishodia & Associates | FY 2023 | 139928W |
Shareholding
The shareholding of Precise Chemipharma P Ltd 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 Precise Chemipharma P Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2024 | 100903866 | State Bank of India | ₹6 Cr | Open | |
| 02 Feb 2021 | 100448670 | Others | ₹2.72 Cr | Open | |
| 29 Oct 2020 | 100389624 | Others | ₹23.98 Lakh | Open | |
| 20 Jun 2019 | 100275058 | Axis Bank Limited | ₹28.12 Cr | Open | |
| 31 May 2019 | 100290304 | Others | ₹4.5 Cr | Open |
To see the full charge records of Precise Chemipharma P Ltd, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Precise Chemipharma P Ltd has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.2 Cr; the latest was in March 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2011 | Funding round | ₹1.2 Cr | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Precise Chemipharma P Ltd has 9 court cases on record: 3 filed by Precise Chemipharma P, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 0 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against Sterling Addlife India Pvt.Ltd. and 2 others | Disposed |
| High Court of Delhi | Commercial suit | Filed against the company by Intas Pharmaceuticals Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against M S Anphar Laboratories Pvt Ltd | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against M/S Anphar Laboratories Pvt.Ltd. | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by A. B. Lad, Inspector Maha. Pvt. Security Guard | Disposed |
To see the full case history of Precise Chemipharma P Ltd, 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.
Credit ratings & regulatory alerts
Precise Chemipharma P Ltd was last rated by Crisil on 15 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 15 Jan 2020 |
To see the full credit ratings and regulatory alerts of Precise Chemipharma P Ltd, buy the company report.
MSME payment delays
Precise Chemipharma P Ltd has 9 MSME Form 1 returns on record between 2019 and 2024, listing 238 overdue payments to 48 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 48)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Neelkanth Minechem | |||
| Pavesha Pharma Pack | |||
| an individual supplier | |||
| an individual supplier | |||
| Meb Pharma Private Limited |
To see the full MSME payment records of Precise Chemipharma P Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Precise Chemipharma P has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Prekem Pharmaceuticals Private Limited | U24230MH2019PTC332713 |
To see the full group structure of Precise Chemipharma P Ltd, buy the company report.
Employees & EPFO
Precise Chemipharma P Ltd has a workforce of 127 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
GST
Precise Chemipharma P has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP3180F1ZM | Maharashtra | Active | 01 Jul 2017 |
| 02AAACP3180F1ZY | Himachal Pradesh | Active | 28 Jul 2017 |
| 05AAACP3180F1ZS | Uttarakhand | Active | 26 Sep 2018 |
| 24AAACP3180F2ZR | Gujarat | Active | 14 Jul 2020 |
To see the full GST registrations and return filing status of Precise Chemipharma P Ltd, buy the company report.
Recent activity
Precise Chemipharma P Ltd has 7 board changes on record since 1997: 2 appointments and 5 cessations. The latest: Pravin Vrajlal Shah ceased to be Managing Director on 05 Feb 2025.
21 earlier events are in the company report.
Frequently asked questions
Precise Chemipharma P is an active private limited company based in Mumbai, Maharashtra, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 09 November 1993 (33+ years old) and is registered under CIN U24110MH1993PTC075033.
Precise Chemipharma P has 3 current directors:
- Gauri Pranay Shah - Director
- Mehul Pravin Shah - Director
- Pranay Pravin Shah - Director
The latest financial statements of Precise Chemipharma P 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 2015 are in the company report.
The GSTIN of Precise Chemipharma P is 27AAACP3180F1ZM, registered in Maharashtra. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 02AAACP3180F1ZY (Himachal Pradesh), 05AAACP3180F1ZS (Uttarakhand), 24AAACP3180F2ZR (Gujarat).
The CIN (Corporate Identification Number) of Precise Chemipharma P is U24110MH1993PTC075033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Precise Chemipharma P has 9 court cases on record: 3 filed by the company and 6 filed against it. Most are in the district courts.
Precise Chemipharma P was incorporated on 09 November 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Precise Chemipharma P has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.2 Cr; the latest was in March 2022.
The peers of Precise Chemipharma P by revenue are Atlas Life Sciences (India) Private Limited, Pragna Dyechem Private Limited, Ramdev Chemical Private Limited, Infichem Pharma Private Limited, SRC Laboratories Private Limited and 4 more, all in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Pravin Vrajlal Shah ceased to be Managing Director on 05 Feb 2025. Mehul Pravin Shah was appointed as Director on 01 Jun 2024. Gauri Pranay Shah ceased to be Director on 20 Mar 2024. Precise Chemipharma P has 7 board changes on record in total.
Precise Chemipharma P has 9 MSME Form 1 returns on record between 2019 and 2024, listing 238 overdue payments to 48 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Precise Chemipharma P can be reached through the website precisechemipharma.com. Its registered office is in Mumbai, Maharashtra, India.