- Category
- Micro (2021-22)
- Udyam number
- UDYAM-GJ-01-0086075

About Modi Life Care Industries Limited
Data last updated:
Modi Life Care Industries Limited is a public limited company based in Odhav, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 27 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24230GJ2009PLC057623. Its GSTIN is 24AAGCM2949D1ZM (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹94 Lakh. It is led by directors including Hriitu Rana (Managing Director) and Rajni Devi.
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 27 GIDC Opp. Creata Cold Storage Near Torrent Power Sub Station, Odhav, Gujarat, India – 382415.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.68 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹19.66 Lakh (net margin 2.9%) and EBITDA of ₹94.87 Lakh (EBITDA margin 14.2%). Revenue has declined at a compounded annual rate (CAGR) of 6% over five years.
The company is associated with 1 brand: Modi LifeCare. As per MCA filings, the company has open charges of ₹4.38 Cr on record. Court records list 25 cases involving the company, including 6 filed by the company and 19 filed against it; 7 cases are pending.
Modi Life Care Industries Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0086075). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modilifecare.com.
Company details
Recognitions & Rankings of Modi Life Care Industries
Contact details
Modi Life Care Industries Limited's registered office is in Odhav, Gujarat. Its website is modilifecare.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address27 GIDC Opp. Creata Cold Storage Near Torrent Power Sub Station, Odhav, Gujarat, India – 382415
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Modi Life Care Industries 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
Modi Life Care Industries operates one associated brand: Modi LifeCare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical manufacturing and drug production in India. | modilifecare.com |
Business activity
The main business activity of Modi Life Care Industries 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 Modi Life Care Industries Limited, buy the company report.
Financials of Modi Life Care Industries Limited
FY 2023 filings availableModi Life Care Industries Limited reported revenue of ₹6.68 Cr (up 49% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 49% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 2% 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 | ₹94.87 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹19.66 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.2% | ||||
| Net Profit Margin | 2.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Modi Life Care Industries Limited, buy the company report.
Board of directors of Modi Life Care Industries Limited
Modi Life Care Industries has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajni Devi | Director | 11 Jul 2020 | 6 Years 4 Months | Current |
| Amardeep Kapursingh Also directs: Eco Fungo Private Limited, Adr Media Production LLP, Veganglobe Private Limited and 4 more | Director | 22 Jul 2019 | 7 Years 3 Months | Current |
| Kapur Singh | Director | 17 Feb 2020 | 6 Years 8 Months | Current |
| Hriitu Rana Also directs: Eco Fungo Private Limited, Good Grains India Private Limited, Zaha F&B Distributors Private Limited and 1 more | Managing Director | 27 Jul 2009 | 17 Years 3 Months | Current |
Peer comparison
Modi Life Care Industries Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Samnova Pharmaceuticals Private Limited | ₹6.74 Cr (FY 2025) | 55.0% | Ahmedabad, Gujarat, India | |||
| Creative Diagnostic Medicare Private Limited | ₹6.73 Cr (FY 2025) | 5.0% | Navi Mumbai, Maharashtra, India | |||
| Modi Life Care Industries Limitedthis company | ₹6.68 Cr (FY 2025) | ₹19.66 Lakh | 2.9% | 49.0% | Odhav, Gujarat, India | |
| Parth Parenteral Private Limited | ₹6.62 Cr (FY 2016) | -52.0% | Gujarat, India |
To see the full peer comparison of Modi Life Care Industries Limited, buy the company report.
Auditor
Modi Life Care Industries Limited is audited by A D A & Associates for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A D A & Associates | FY 2021 | 135831W |
Shareholding
The shareholding of Modi Life Care Industries Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Modi Life Care Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2014 | 10518227 | Bank of India | ₹25 Lakh | Open | |
| 20 Mar 2014 | 10487076 | Bank of India | ₹4.13 Cr | Open |
To see the full charge records of Modi Life Care Industries Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Modi Life Care Industries Limited has 25 court cases on record: 6 filed by Modi Life Care Industries, 19 filed against it. 7 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 14 | 3 |
| High courts | 4 | 1 | 0 |
| NCLAT | 4 | 2 | 2 |
| NCLT | 2 | 2 | 1 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed by the company against Lyka Labs Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Lyka Labs Limited | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Lyka Labs Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Lyka Labs Limited | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Comed Chemicals Limited - Authorised Oficer Hardik Shyamrao Jadhav | Disposed |
To see the full case history of Modi Life Care Industries 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 Modi Life Care Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Modi Life Care Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCM2949D1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Modi Life Care Industries Limited, buy the company report.
Recent activity
Modi Life Care Industries Limited has 12 board changes on record since 2009: 5 appointments and 7 cessations. The latest: Rajni Devi ceased to be Additional Director on 31 Dec 2020.
6 earlier events are in the company report.
Frequently asked questions
Modi Life Care Industries is an active public limited company based in Odhav, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 27 July 2009 (17+ years old) and is registered under CIN U24230GJ2009PLC057623.
Modi Life Care Industries has 4 current directors:
- Hriitu Rana - Managing Director
- Rajni Devi - Director
- Amardeep Kapursingh - Director
- Kapur Singh - Director
The latest financial statements of Modi Life Care Industries 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.
The GSTIN of Modi Life Care Industries is 24AAGCM2949D1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Modi Life Care Industries is U24230GJ2009PLC057623. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modi Life Care Industries has 25 court cases on record: 6 filed by the company and 19 filed against it. 7 are pending. Most are in the district courts.
Modi Life Care Industries was incorporated on 27 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Modi Life Care Industries by revenue are Samnova Pharmaceuticals Private Limited, Creative Diagnostic Medicare Private Limited, Parth Parenteral Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Rajni Devi ceased to be Additional Director on 31 Dec 2020. Rajni Devi was appointed as Director on 11 Jul 2020. Kapur Singh was appointed as Director on 17 Feb 2020. Modi Life Care Industries has 12 board changes on record in total.
Yes, Modi Life Care Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0086075).
Modi Life Care Industries can be reached through the website modilifecare.com. Its registered office is in Odhav, Gujarat, India.

