- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0020031

Meghnagar Pharmachem Private Limited
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 The company has 1 GST registration on record, which is no longer active.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
Recognitions & Rankings of Meghnagar Pharmachem
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 AddressSurvey No 273 Gangotri Farm & Nursary Compound Nandesari Chokadi National Highway No 8, Vadodara, Gujarat, India – 391340
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Meghnagar Pharmachem 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 Meghnagar Pharmachem 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 Meghnagar Pharmachem Private Limited, buy the company report.
Financials of Meghnagar Pharmachem Private Limited
FY 2023 filings availableMeghnagar Pharmachem Private Limited reported revenue of ₹1.16 Cr (down 92% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.16 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹20.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹40.83 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 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) | |||||
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| Receivable Days | |||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaykumar Govindsingh Rathod | Additional Director | 27 Sep 2023 | 3 Years 1 Months | Current |
| Sushilaben Govindbhai Rathod | Additional Director | 27 Sep 2023 | 3 Years 1 Months | Current |
| Govindbhai Harisinh Rathod | Additional Director | 27 Sep 2023 | 3 Years 1 Months | Current |
| Rathod Poojaben Vijaykumar | Additional Director | 21 Dec 2023 | 2 Years 10 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 firm | Financial year | Firm registration number |
|---|---|---|
| Pandya- Patel & Associates | FY 2023 | 126550W |
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 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 Meghnagar Pharmachem Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Apr 2019 | 100264766 | Hdfc Bank Limited | ₹53.28 Lakh | Satisfied | |
| 08 Mar 2019 | 100254305 | Hdfc Bank Limited | ₹53.28 Lakh | Satisfied | |
| 05 Mar 2013 | 10416723 | Dena Bank | ₹66 Lakh | Satisfied | |
| 05 Mar 2013 | 10416724 | Dena Bank | ₹99.5 Lakh | Satisfied |
To see the full charge records of Meghnagar Pharmachem Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Meghnagar Pharmachem 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 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.
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.
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:
- Vijaykumar Govindsingh Rathod - Additional Director
- Sushilaben Govindbhai Rathod - Additional Director
- Govindbhai Harisinh Rathod - Additional Director
- Rathod Poojaben Vijaykumar - Additional Director
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.

