Meghnagar Pharmachem Private Limited

Meghnagar Pharmachem Private Limited - pharma in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U24230GJ2011PTC067657 Incorporated 25 October 2011 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Private Limited Company pharma MSME · Micro
Data last updated
Revenue · FY 2023
₹1.16 Cr
▼ 92% YoY
Net loss · FY 2023
₹40.83 Lakh
Net margin -35.3%
EBITDA · FY 2023
-₹20.97 Lakh
EBITDA margin -18.1%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹60 Lakh
Issued & subscribed
Satisfied charges
₹2.72 Cr
No open charges
Company age
15 yrs
Est. 2011
Directors on board
4
As per MCA filings

About Meghnagar Pharmachem Private Limited

Data last updated:

Meghnagar Pharmachem Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 25 October 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24230GJ2011PTC067657. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It is led by directors including Vijaykumar Govindsingh Rathod and Sushilaben Govindbhai Rathod.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Survey No 273 Gangotri Farm & Nursary Compound Nandesari Chokadi National Highway No 8, Vadodara, Gujarat, India – 391340.

As per the financials filed for FY 2023, the company reported a revenue of ₹1.16 Cr, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹40.83 Lakh (net margin -35.3%) and EBITDA of -₹20.97 Lakh (EBITDA margin -18.1%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 23% over five years.

As per MCA filings, the company has satisfied charges of ₹2.72 Cr on record.

Meghnagar Pharmachem Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0020031). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U24230GJ2011PTC067657
Registration Number 067657
Incorporation Date 25 October 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0020031

Recognitions & Rankings of Meghnagar Pharmachem

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-24-0020031

Contact details

Meghnagar Pharmachem Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Survey No 273 Gangotri Farm & Nursary Compound Nandesari Chokadi National Highway No 8, Vadodara, Gujarat, India – 391340
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Meghnagar Pharmachem Private Limited, buy the company report.

Comprehensive company report
Meghnagar Pharmachem 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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Business activity

The main business activity of Meghnagar Pharmachem is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

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

Financials of Meghnagar Pharmachem Private Limited

FY 2023 filings available

Meghnagar Pharmachem Private Limited reported revenue of ₹1.16 Cr (down 92% YoY) for FY 2023.

Revenue · FY 2023
₹1.16 Cr ▼ 92%
Net loss · FY 2023
₹40.83 Lakh margin -35.3%
EBITDA · FY 2023
-₹20.97 Lakh margin -18.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 92%
3 years · compounded
▼ 52%
5 years · compounded
▼ 23%
EBITDA CAGR growth
1 year
▼ 212%
3 years · compounded
▼ 40%
5 years · compounded
▼ 22%

Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 92% fall in the latest year. EBITDA fell 212% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹1.16 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹20.97 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹40.83 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-18.1%
Net Profit Margin-35.3%
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 Meghnagar Pharmachem Private Limited, buy the company report.

Board of directors of Meghnagar Pharmachem Private Limited

Meghnagar Pharmachem has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vijaykumar Govindsingh RathodAdditional Director27 Sep 20233 Years 1 MonthsCurrent
Sushilaben Govindbhai RathodAdditional Director27 Sep 20233 Years 1 MonthsCurrent
Govindbhai Harisinh RathodAdditional Director27 Sep 20233 Years 1 MonthsCurrent
Rathod Poojaben VijaykumarAdditional Director21 Dec 20232 Years 10 MonthsCurrent

Peer comparison

Meghnagar Pharmachem Private Limited is compared with the 4 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Inspeed Formulations Private Limited₹1.16 Cr (FY 2025)-36.0%Jaipur, Rajasthan, India
Credas Labs Private Limited₹1.16 Cr (FY 2024)-58.0%Hyderabad, Telangana, India
Meghnagar Pharmachem Private Limitedthis company₹1.16 Cr (FY 2023)-₹40.83 Lakh-35.3%-92.0%Vadodara, Gujarat, India
Xenosys Biotech Private Limited₹1.15 Cr (FY 2025)-42.0%Sanand, Gujarat, India
Bonjour Health Care Private Limited₹1.15 Cr (FY 2025)11.0%New Delhi, Delhi, India

To see the full peer comparison of Meghnagar Pharmachem Private Limited, buy the company report.

Auditor

Meghnagar Pharmachem Private Limited is audited by Pandya- Patel & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Pandya- Patel & AssociatesFY 2023126550W

Shareholding

The shareholding of Meghnagar Pharmachem 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Meghnagar Pharmachem Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹2.72 Cr
Breakdown by lending institutions
Dena Bank₹1.66 Cr
Hdfc Bank Limited₹1.07 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Apr 2019100264766Hdfc Bank Limited₹53.28 LakhSatisfied
08 Mar 2019100254305Hdfc Bank Limited₹53.28 LakhSatisfied
05 Mar 201310416723Dena Bank₹66 LakhSatisfied
05 Mar 201310416724Dena Bank₹99.5 LakhSatisfied

To see the full charge records of Meghnagar Pharmachem Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

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

GST

Meghnagar Pharmachem has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

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

Recent activity

Meghnagar Pharmachem Private Limited has 8 board changes on record since 2017: 4 appointments and 4 cessations. The latest: Ajitsinh Shivsinh Rathod ceased to be Director on 23 May 2024.

Ceased
Ajitsinh Shivsinh Rathod ceased to be Director.
Charges
A charge registered on 16 Apr 2019 via Charge ID 100264766 with Hdfc Bank Limited was fully satisfied on 29 Feb 2024.
Charges
A charge registered on 08 Mar 2019 via Charge ID 100254305 with Hdfc Bank Limited was fully satisfied on 29 Feb 2024.
Appointed
Rathod Poojaben Vijaykumar was appointed as Additional Director.
AGM
Meghnagar Pharmachem Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Appointed
Govindbhai Harisinh Rathod was appointed as Additional Director.
Ceased
Sanjay Prafulchandra Patel ceased to be Director.
Appointed
Sushilaben Govindbhai Rathod was appointed as Additional Director.
Appointed
Vijaykumar Govindsingh Rathod was appointed as Additional Director.
Filing
Meghnagar Pharmachem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 53.28 Lakh with Charge ID 100264766 was registered on 16 Apr 2019.
Charges
A charge registered on 05 Mar 2013 via Charge ID 10416723 with Dena Bank was fully satisfied on 16 Mar 2019.

7 earlier events are in the company report.

Frequently asked questions

Meghnagar Pharmachem is an active private limited company based in Vadodara, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 25 October 2011 (15+ years old) and is registered under CIN U24230GJ2011PTC067657.

Meghnagar Pharmachem has 4 current directors:

The latest financial statements of Meghnagar Pharmachem on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

No. Meghnagar Pharmachem has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Meghnagar Pharmachem is U24230GJ2011PTC067657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Meghnagar Pharmachem was incorporated on 25 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Meghnagar Pharmachem by revenue are Inspeed Formulations Private Limited, Credas Labs Private Limited, Xenosys Biotech Private Limited, Bonjour Health Care Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Ajitsinh Shivsinh Rathod ceased to be Director on 23 May 2024. Rathod Poojaben Vijaykumar was appointed as Additional Director on 21 Dec 2023. Govindbhai Harisinh Rathod was appointed as Additional Director on 27 Sep 2023. Meghnagar Pharmachem has 8 board changes on record in total.

Yes, Meghnagar Pharmachem is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0020031).

The registered office of Meghnagar Pharmachem is at Survey No 273 Gangotri Farm & Nursary Compound Nandesari Chokadi National Highway No 8, Vadodara, Gujarat, India – 391340.

Meghnagar Pharmachem operates in the pharma industry, in the drug formulation and development segment.