- Category
- Small (2023-24)
- Udyam number
- UDYAM-UK-06-0001323

About Mestra Pharma Private Limited
Data last updated:
Mestra Pharma 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 09 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24233GJ2010PTC059795. Its GSTIN is 05AAGCM4200P1ZH (Uttarakhand).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rajendrasingh Jodha and Rajendrakumar Patel.
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 A – 401 Empire Busines Hub Opp. Shakti Farm Science City Road Sola, Ahmedabad, Gujarat, India – 380060.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.2 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹52.16 Lakh (net margin 1.7%) and EBITDA of ₹1.14 Cr (EBITDA margin 3.8%). Revenue has declined at a compounded annual rate (CAGR) of 2% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mestra Pharma. As per MCA filings, the company has open charges of ₹13.35 Cr and satisfied charges of ₹51 Lakh on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
Mestra Pharma Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-06-0001323). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mestrapharma.com.
Company details
Recognitions & Rankings of Mestra Pharma
Contact details
Mestra Pharma Private Limited's registered office is in Ahmedabad, Gujarat. Its website is mestrapharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 401 Empire Busines Hub Opp. Shakti Farm Science City Road Sola, Ahmedabad, Gujarat, India – 380060
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Mestra Pharma 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
Brands
Mestra Pharma operates one associated brand: Mestra Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces pharmaceutical formulations like tablets, capsules, and injections for distribution in India. | mestrapharma.com |
Business activity
The main business activity of Mestra Pharma 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 Mestra Pharma Private Limited, buy the company report.
Financials of Mestra Pharma Private Limited
FY 2025 filings availableMestra Pharma Private Limited reported revenue of ₹30.2 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 10% fall 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 | ₹1.14 Cr | ||||
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| Net Profit (PAT) | ₹52.16 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 | 3.8% | ||||
| Net Profit Margin | 1.7% | ||||
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To see the full financial statements and ratios of Mestra Pharma Private Limited, buy the company report.
Board of directors of Mestra Pharma Private Limited
Mestra Pharma has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendrasingh Jodha Also directs: Merril Pharma Private Limited | Director | 09 Mar 2010 | 16 Years 7 Months | Current |
| Rajendrakumar Patel Also directs: Merril Pharma Private Limited | Director | 13 Feb 2012 | 14 Years 8 Months | Current |
| Rakeshkumar Patel Also directs: Merril Pharma Private Limited | Director | 09 Mar 2010 | 16 Years 7 Months | Current |
| Vipulkumar Bharatbhai Patel Also directs: Merril Pharma Private Limited | Director | 09 Mar 2010 | 16 Years 7 Months | Current |
| Kamaljitsinh Rajendrasinh Joddha | Director | 20 Nov 2010 | 15 Years 11 Months | Current |
| Jitendrakumar Raval Also directs: Merril Pharma Private Limited | Director | 13 Feb 2012 | 14 Years 8 Months | Current |
Peer comparison
Mestra Pharma 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 |
|---|---|---|---|---|---|---|
| Ronald Pharmaceuticals Private Limited | ₹30.33 Cr (FY 2024) | -12.0% | Vadodara, Gujarat, India | |||
| Signova Healthcare Private Limited | ₹30.25 Cr (FY 2025) | 24.0% | Guwahati, Assam, India | |||
| Jupiter Pharmaceuticals Ltd | ₹30.22 Cr (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Mestra Pharma Private Limitedthis company | ₹30.2 Cr (FY 2025) | ₹52.16 Lakh | 1.7% | -10.0% | 34 | Ahmedabad, Gujarat, India |
| Spen Formulations Pvt Ltd | ₹29.98 Cr (FY 2025) | -8.0% | Himachal Pradesh, India |
To see the full peer comparison of Mestra Pharma Private Limited, buy the company report.
Auditor
Mestra Pharma Private Limited is audited by C D MODH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C D MODH & CO | FY 2023 | 120474W |
Shareholding
The shareholding of Mestra Pharma 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 Mestra Pharma Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2020 | 100399860 | Bank of India | ₹12.76 Cr | Open | |
| 18 Jul 2020 | 100364243 | Axis Bank Limited | ₹9 Lakh | Open | |
| 14 Jan 2016 | 10618614 | Axis Bank Limited | ₹50 Lakh | Open | |
| 01 May 2018 | 100177200 | Others | ₹26 Lakh | Satisfied | |
| 15 Mar 2011 | 10281816 | Punjab National Bank | ₹25 Lakh | Satisfied |
To see the full charge records of Mestra Pharma Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Mestra Pharma Private Limited has 4 court cases on record: 2 filed by Mestra Pharma, 2 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 1 |
| District courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Haridwar, Uttarakhand | Criminal case | Filed by the company against Lamet Pharma Pvt.Ltd | Pending |
| Bombay High Court | Court case (COMIP) | Filed against the company by Sun Pharma Laboratories Limited | Disposed |
| Bombay High Court | Court case (NMCD) | Filed against the company by Sun Pharma Laboratories Limited | Disposed |
| High Court, GUJARAT | Court case (CR.RA) | Filed by the company against State of Gujarat and 1 other | Pending |
To see the full case history of Mestra Pharma 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
No delayed payments to MSME suppliers are on our record for Mestra Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mestra Pharma Private Limited has a workforce of 34 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Mestra Pharma has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAGCM4200P1ZH | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mestra Pharma Private Limited, buy the company report.
Recent activity
Mestra Pharma Private Limited has 6 board changes on record since 2010: 6 appointments. The latest: Jitendrakumar Raval was appointed as Director on 13 Feb 2012.
5 earlier events are in the company report.
Frequently asked questions
Mestra Pharma 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 09 March 2010 (16+ years old) and is registered under CIN U24233GJ2010PTC059795.
Mestra Pharma has 6 current directors:
- Rajendrasingh Jodha - Director
- Rajendrakumar Patel - Director
- Rakeshkumar Patel - Director
- Vipulkumar Bharatbhai Patel - Director
- Kamaljitsinh Rajendrasinh Joddha - Director
- Jitendrakumar Raval - Director
The latest financial statements of Mestra Pharma 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 Mestra Pharma is 05AAGCM4200P1ZH, registered in Uttarakhand.
The CIN (Corporate Identification Number) of Mestra Pharma is U24233GJ2010PTC059795. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mestra Pharma has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Mestra Pharma was incorporated on 09 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Mestra Pharma by revenue are Ronald Pharmaceuticals Private Limited, Signova Healthcare Private Limited, Jupiter Pharmaceuticals Ltd, Spen Formulations Pvt Ltd, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Jitendrakumar Raval was appointed as Director on 13 Feb 2012. Rajendrakumar Patel was appointed as Director on 13 Feb 2012. Kamaljitsinh Rajendrasinh Joddha was appointed as Director on 20 Nov 2010. Mestra Pharma has 6 board changes on record in total.
Yes, Mestra Pharma is registered as a small enterprise under Udyam registration (number: UDYAM-UK-06-0001323).
Mestra Pharma can be reached through the website mestrapharma.com. Its registered office is in Ahmedabad, Gujarat, India.

