Mono Pharmacare Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L24304GJ2022PLC136193 Incorporated 17 October 2022 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - NSE: MONOPHARMA Public Limited Company pharma MSME
Market Cap
₹18.11 Cr
MONOPHARMA-SM · NSE
Share Price
₹10.25
0.00% today
Revenue
₹166 Cr
FY 2025-26 · -1.6% YoY
EBITDA
₹3.99 Cr
Margin 2.4%
Net Profit
₹0.34 Cr
FY 2025-26 · -88.9% YoY
P/E (TTM)
24.1x
P/B 0.6x
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹17.67 Cr
Issued & subscribed

About Mono Pharmacare Limited

Data last updated:

Mono Pharmacare Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 17 October 2022.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L24304GJ2022PLC136193. Its GSTIN is 24AAQCM2821E1ZN (Gujarat). It is a listed company as per MCA records. Its shares are listed on NSE: MONOPHARMA.

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹17.67 Cr. It is led by directors including Panilam Lakhatariya (Managing Director) and Supal Panilam Lakhatariya.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 1A Krinkal Appartment Opp. Mahalaxmi Temple Paldi, Ahmedabad, Gujarat, India – 380007.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹165.69 Cr, a decline of 1.6% compared to the previous year. For the same year it recorded a net profit of ₹34 Lakh (net margin 0.2%) and EBITDA of ₹3.99 Cr (EBITDA margin 2.4%). The net worth stands at ₹31.55 Cr (up 1.1% YoY). Total assets are valued at ₹88.21 Cr (up 3.9% YoY).

The company has about 83 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Mono Pharmacare. As per MCA filings, the company has open charges of ₹16.89 Cr on record. Court records list 14 cases involving the company, including 4 filed by the company and 10 filed against it; 10 cases are pending. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 ipo), with disclosed funding of ₹10.41 Cr; the latest was in September 2023. Its 10 peer companies in the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 5 smaller; the largest is Sudha Syntex Private Limited with revenue of ₹169.99 Cr.

Mono Pharmacare Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0245949). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website monopharmacareltd.com.

Company details

CIN L24304GJ2022PLC136193
Registration Number 136193
Incorporation Date 17 October 2022
ROC Ahmedabad
Listing Status Listed (NSE: MONOPHARMA)
Company Status Active
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-01-0245949

CIN history

Mono Pharmacare has one previous CIN (Corporate Identification Number): U24304GJ2022PLC136193. The current CIN is L24304GJ2022PLC136193, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L24304GJ2022PLC136193Current
U24304GJ2022PLC136193Previous

Recognitions & Rankings of Mono Pharmacare

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-GJ-01-0245949

Contact details

Mono Pharmacare Limited's registered office is in Ahmedabad, Gujarat. Its website is monopharmacareltd.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    1A Krinkal Appartment Opp. Mahalaxmi Temple Paldi, Ahmedabad, Gujarat, India – 380007
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Mono Pharmacare Limited, buy the company report.

Comprehensive company report
Mono Pharmacare 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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Brands

Mono Pharmacare operates one associated brand: Mono Pharmacare. Each brand links to its own profile.

BrandDescriptionWebsite
Diversified pharmaceutical drugs are distributed across Indian markets.monopharmacareltd.com

Business activity

The main business activity of Mono Pharmacare is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Mono Pharmacare Limited, buy the company report.

Financials of Mono Pharmacare Limited

FY 2025-26 filings available

Mono Pharmacare Limited reported revenue of ₹165.69 Cr (down 1.6% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹166 Cr
-1.6% YoY
EBITDA
₹3.99 Cr
-47.7% YoY
Profit After Tax
₹0.34 Cr
-88.9% YoY
Net Worth
₹31.55 Cr
+1.1% YoY
Total Assets
₹88.21 Cr
+3.9% YoY
Total Debt
₹56.50 Cr
+5.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Income statement
Revenue16616812233.09
Revenue growth-1.6%+37.6%+269.7%-
EBITDA3.997.636.332.25
EBITDA margin+2.4%+4.5%+5.2%+6.8%
Profit before tax0.574.453.231.33
Net profit0.343.072.440.95
Net profit margin+0.2%+1.8%+2.0%+2.9%
EPS (₹)0.201.751.381.53
Balance sheet
Total assets88.2184.8869.6153.62
Net worth31.5531.2028.1113.69
Total debt56.5053.5641.4439.93
Cash & bank0.980.700.360.42
Net working capital87.2283.8268.6652.16
Cash flow
Cash from operations2.68(4.30)(8.77)(39.54)
Cash from investing(0.38)(0.23)0.40(1.16)
Cash from financing(2.01)4.868.3240.73
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Income statement
Revenue92.9182.6470.7213.92
Revenue growth+12.4%+16.9%+408.1%-
EBITDA2.042.572.450.88
EBITDA margin+2.2%+3.1%+3.5%+6.3%
Profit before tax0.423.792.860.68
Net profit0.343.102.440.55
Net profit margin+0.4%+3.8%+3.5%+4.0%
EPS (₹)0.201.751.380.44
Balance sheet
Total assets58.3854.9841.4225.90
Net worth31.5531.2028.1113.40
Total debt26.7023.6913.2712.51
Cash & bank0.350.110.250.23
Net working capital47.2943.8537.6623.68
Cash flow
Cash from operations0.73(0.73)(10.32)(13.49)
Cash from investing0.01(7.43)(1.66)(2.18)
Cash from financing(0.50)8.0212.0015.90

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 12 Nov 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Revenue16616812233.09
Revenue growth-1.6%+37.6%+269.7%-
Other income0.010.980.100.06
Total expenses16216111630.84
Employee cost0.002.902.620.75
EBITDA3.997.636.332.25
EBITDA margin+2.4%+4.5%+5.2%+6.8%
Depreciation0.110.130.120.05
Interest3.324.033.080.93
Profit before tax0.574.453.231.33
Tax0.231.360.770.38
Net profit0.343.072.440.95
Net profit margin+0.2%+1.8%+2.0%+2.9%
EPS (₹)0.201.751.381.53
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Equity & liabilities
Share capital17.6717.6717.6712.37
Reserves & surplus13.8813.5310.441.32
Shareholders' funds (net worth)31.5531.2028.1113.69
Minority interest0.040.040.020.00
Secured loans28.5829.8823.8626.83
Unsecured loans27.9223.6817.5813.10
Total debt56.5053.5641.4439.93
Total liabilities88.2184.8869.6153.62
Assets
Gross block1.381.381.170.99
Net block0.880.990.910.83
Capital work in progress0.020.020.000.00
Investments0.000.000.000.57
Inventories42.4355.3942.2932.69
Sundry debtors74.9441.8931.5921.87
Cash & bank balances0.980.700.360.42
Loans & advances2.9511.025.926.14
Total current assets12110980.1661.12
Total current liabilities34.0825.1811.508.96
Net working capital87.2283.8268.6652.16
Total assets88.2184.8869.6153.62
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Opening cash0.700.360.420.38
Net cash from operating activities2.68(4.30)(8.77)(39.54)
Net cash from investing activities(0.38)(0.23)0.40(1.16)
Net cash from financing activities(2.01)4.868.3240.73
Net change in cash0.290.33(0.06)0.04
Closing cash0.980.700.360.42
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Growth
Sales growth-1.6%+37.6%+269.7%-
EBITDA growth-47.7%+20.5%+181.3%-
PBT growth-87.2%+37.8%+21.4%+9997.0%
Net income growth-88.9%+25.8%+156.8%-
Revenue CAGR (3Y)+71.1%---
EBITDA CAGR (3Y)+21.0%---
Profitability & leverage
Net income margin+0.2%+1.8%+2.0%+2.9%
Return on capital employed-+11.0%+10.2%+8.4%
Return on net worth-+10.5%+11.8%+13.9%
Debt / equity-1.601.952.92
Long-term debt / equity-0.730.710.91
Interest cover85.5753.7349.6042.27
Efficiency & per share
Fixed asset turnover-132.03113.2866.85
Inventory turnover-3.453.262.02
Debtors turnover-4.584.583.03
EPS (₹)0.201.751.381.53
Dividend per share (₹)0.000.000.000.00
Book value per share (₹)0.0017.6615.9111.06
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Revenue92.9182.6470.7213.92
Revenue growth+12.4%+16.9%+408.1%-
Other income0.002.541.700.20
Total expenses90.8780.0768.2713.04
Employee cost0.002.382.150.50
EBITDA2.042.572.450.88
EBITDA margin+2.2%+3.1%+3.5%+6.3%
Depreciation0.080.080.080.02
Interest1.541.241.210.38
Profit before tax0.423.792.860.68
Tax0.080.690.420.13
Net profit0.343.102.440.55
Net profit margin+0.4%+3.8%+3.5%+4.0%
EPS (₹)0.201.751.380.44
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Equity & liabilities
Share capital17.6717.6717.6712.37
Reserves & surplus13.8813.5310.441.03
Shareholders' funds (net worth)31.5531.2028.1113.40
Secured loans10.9111.8013.1610.00
Unsecured loans15.7911.890.112.51
Total debt26.7023.6913.2712.51
Total liabilities58.3854.9841.4225.90
Assets
Gross block0.410.410.240.21
Net block0.150.230.140.19
Capital work in progress0.020.020.000.00
Investments10.8310.843.591.97
Inventories25.0427.7920.9915.18
Sundry debtors39.9018.9017.448.08
Cash & bank balances0.350.110.250.23
Loans & advances1.238.142.963.35
Total current assets66.5254.9441.6426.84
Total current liabilities19.2311.093.983.16
Net working capital47.2943.8537.6623.68
Total assets58.3854.9841.4225.90
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Opening cash0.110.250.230.00
Net cash from operating activities0.73(0.73)(10.32)(13.49)
Net cash from investing activities0.01(7.43)(1.66)(2.18)
Net cash from financing activities(0.50)8.0212.0015.90
Net change in cash0.24(0.14)0.020.23
Closing cash0.350.110.250.23
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Growth
Sales growth+12.4%+16.9%+408.1%-
EBITDA growth-20.6%+4.9%+178.4%-
PBT growth-88.9%+32.5%+320.6%+9997.0%
Net income growth-89.0%+27.1%+343.6%-
Revenue CAGR (3Y)+88.3%---
EBITDA CAGR (3Y)+32.4%---
Profitability & leverage
Net income margin+0.4%+3.8%+3.5%+4.0%
Return on capital employed-+10.4%+12.1%+4.0%
Return on net worth-+10.4%+11.8%+4.0%
Debt / equity-0.620.620.93
Long-term debt / equity-0.300.150.16
Interest cover78.5749.8051.0544.19
Efficiency & per share
Fixed asset turnover-254.28314.3166.29
Inventory turnover-3.393.910.92
Debtors turnover-4.555.541.72
EPS (₹)0.201.751.380.44
Dividend per share (₹)0.000.000.000.00
Book value per share (₹)0.0017.6615.9110.83

To see the full year-wise statements and ratios of Mono Pharmacare Limited, buy the company report.

Board of directors of Mono Pharmacare Limited

Mono Pharmacare has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Panilam LakhatariyaManaging Director17 Oct 20224 Years 0 MonthsCurrent
Supal Panilam LakhatariyaDirector17 Oct 20224 Years 0 MonthsCurrent
Chintan TrivediDirector22 Mar 20233 Years 7 MonthsCurrent
Drashti Rohit ChandeDirector11 Jan 20251 Years 10 MonthsCurrent
Nirmala RanawatDirector03 Jun 20260 Years 5 MonthsCurrent

Peer comparison

Mono Pharmacare Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sudha Syntex Private Limited₹169.99 Cr (FY 2025)4.0%Mumbai, Maharashtra, India
Spanco Metal Private Limited₹169.84 Cr (FY 2019)-67.0%Kolkata, West Bengal, India
H P Lifestyle Private Limited₹169.62 Cr (FY 2025)25.0%Ahmedabad, Gujarat, India
Minmet Comtrade Private Limited₹169.59 Cr (FY 2025)1266.0%Ranchi, Jharkhand, India
Sidaan Alloys Private Limited₹169.57 Cr (FY 2025)14.0%Mumbai, Maharashtra, India
Denali AI India Private Limited₹169.28 Cr (FY 2025)31.0%Bangalore, Karnataka, India
Akashdeep Papers Private Limited₹168.93 Cr (FY 2025)12.0%New Delhi, Delhi, India
Mega Collections Private Limited₹168.85 Cr (FY 2025)-17.0%Surat, Gujarat, India
Adiveer Suppliers Private Limited₹168.82 Cr (FY 2025)8.0%Lucknow, Uttar Pradesh, India
Graphic Trades Private Limited₹168.78 Cr (FY 2025)68.0%Patna, Bihar, India
Mono Pharmacare Limitedthis company₹165.69 Cr (FY 2026)₹34 Lakh0.2%-1.6%83Ahmedabad, Gujarat, India

To see the full peer comparison of Mono Pharmacare Limited, buy the company report.

Auditor

Mono Pharmacare Limited is audited by KUMBHAT & CO for the financial year 2024.

Auditor firmFinancial yearFirm registration number
KUMBHAT & COFY 2024001609S

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 56.70%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 43.30%.

Promoters: 56.70%Retail & Others: 43.30%
Sep 2026
QUARTER
56.70% Promoters
43.30% Retail & Others
Promoter holding - history
Now 56.70% · Sep 2026High 56.70% · Dec 2025Low 56.70% · Dec 2025
55%55.8%56.5%57.3%58%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 56.70%Mar 2026: 56.70%Jun 2026: 56.70%Sep 2026: 56.70%56.70%56.70%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters56.70%56.70%56.70%56.70%
Public43.30%43.30%43.30%43.30%

Charges & borrowings

Open charges
₹16.89 Cr
Satisfied charges
None
Breakdown by lending institutions
Bank of India₹13.89 Cr
Others₹3.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Apr 2025101071738Bank of India₹7.47 CrOpen
19 May 2023100719811Bank of India₹27.37 LakhOpen
19 May 2023100719927Bank of India₹65 LakhOpen
19 May 2023100720026Bank of India₹5.5 CrOpen
29 Apr 2023100713826Others₹3 CrOpen

Total charge records: 5 View all charges

Deals & funding

Mono Pharmacare Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 ipo), with disclosed funding of ₹10.41 Cr; the latest was in September 2023.

Total deals
4
Funding rounds
2
Rights issue
1
IPO
1
Disclosed funding
₹10.41 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Sep 2023IPO₹14.84 CrInvestors: IPO - Mono Pharmacare Limited
Mar 2023Rights issue₹2.35 CrInvestors: 4 individuals
Jan 2023Funding round₹6.1 CrInvestors: DLS Export
Jan 2023Funding round₹4.31 CrInvestors: DLS Export, 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

Employees & EPFO

Mono Pharmacare Limited has a workforce of 83 employees on its EPFO records as of Mar 2025, across 1 active EPFO establishment.

Employee count
83
Active EPFO establishments
1
Employee growth
36.1%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2024-2583
FY 2023-24
FY 2022-23

To see the full employee and EPFO history of Mono Pharmacare Limited, buy the company report.

GST

Mono Pharmacare has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAQCM2821E1ZNGujaratActive02 Dec 2022

To see the full GST registrations and return filing status of Mono Pharmacare Limited, buy the company report.

Recent activity

Mono Pharmacare Limited has 12 board changes on record since 2022: 9 appointments and 3 cessations. The latest: Nirmala Ranawat was appointed as Director on 03 Jun 2026.

Appointed
Nirmala Ranawat was appointed as Director.
Filing
Mono Pharmacare Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Ceased
Archit Shah ceased to be Director.
AGM
Mono Pharmacare Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Bank Of India amounted to Rs. 7.47 Cr with Charge ID 101071738 was registered on 05 Apr 2025.
Appointed
Drashti Rohit Chande was appointed as Director.
Ceased
Gaurang Girdharlal Vora ceased to be Director.
Appointed
Jitendra Mansukhlal Dasani was appointed as Director.
Ceased
Mitul Manjibhai Sapara ceased to be Director.
Charges
A charge with Bank Of India amounted to Rs. 0.27 Cr with Charge ID 100719811 was registered on 19 May 2023.
Charges
A charge with Bank Of India amounted to Rs. 0.65 Cr with Charge ID 100719927 was registered on 19 May 2023.
Charges
A charge with Bank Of India amounted to Rs. 5.50 Cr with Charge ID 100720026 was registered on 19 May 2023.

8 earlier events are in the company report.

Frequently asked questions

Mono Pharmacare is an active public limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 17 October 2022 (4+ years old) and is registered under CIN L24304GJ2022PLC136193. Listed on NSE: MONOPHARMA.

Mono Pharmacare reported revenue of ₹165.69 Cr for FY 2025-26 (down 1.6% YoY) based on consolidated financials.

Mono Pharmacare has 5 current directors:

The latest financial statements of Mono Pharmacare on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2023 are in the company report.

The GSTIN of Mono Pharmacare is 24AAQCM2821E1ZN, registered in Gujarat.

The CIN (Corporate Identification Number) of Mono Pharmacare is L24304GJ2022PLC136193. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Mono Pharmacare is a listed company as per MCA records. Its shares are listed on NSE (symbol: MONOPHARMA).

Mono Pharmacare has 14 court cases on record: 4 filed by the company and 10 filed against it. 10 are pending. Most are in the district courts.

Mono Pharmacare was incorporated on 17 October 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Mono Pharmacare has 4 deals on record (2 funding rounds, 1 rights issue, 1 ipo), with disclosed funding of ₹10.41 Cr; the latest was in September 2023.

The peers of Mono Pharmacare by revenue are Sudha Syntex Private Limited, Spanco Metal Private Limited, H P Lifestyle Private Limited, Minmet Comtrade Private Limited, Sidaan Alloys Private Limited and 5 more, all in the same principal business activity (wholesale trading).