Swiss Parenterals Limited

Swiss Parenterals Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U85110GJ1997PLC031645 Incorporated 04 February 1997 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Public Limited Company pharma MSME · Medium
Revenue · FY 2023
₹231.58 Cr
▼ 11% YoY
Net profit · FY 2023
₹58.1 Cr
Net margin 25.1%
EBITDA · FY 2023
₹76.76 Cr
EBITDA margin 33.1%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹5.58 Cr
Issued & subscribed
Open charges
₹70 Cr
Satisfied ₹82.9 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
513
Provident fund records

About Swiss Parenterals Limited

Data last updated:

Swiss Parenterals 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 04 February 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U85110GJ1997PLC031645. Its GSTIN is 24AACCS6806P1ZZ (Gujarat). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹5.58 Cr. It was formerly known as Swiss Hospital Pvt Ltd and Swiss Parenterals Private Limited. It is led by directors including Naishadh Vikrambhai Shah (Whole-Time Director) and Krishnakumar Vaidyanathan.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.

As per the financials filed for FY 2023, the company reported a revenue of ₹231.58 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹58.1 Cr (net margin 25.1%) and EBITDA of ₹76.76 Cr (EBITDA margin 33.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 29% over five years.

The company has about 513 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Swiss Parenterals. As per MCA filings, the company has open charges of ₹70 Cr and satisfied charges of ₹82.9 Cr on record. Court records list 29 cases involving the company, including 15 filed by the company and 14 filed against it; 8 cases are pending. The company has 11 deals on record (7 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹5 Cr; the latest was in March 2024. The company has 5 MSME Form 1 returns on record between 2019 and 2024, listing 1,227 overdue payments to 65 micro and small suppliers.

Swiss Parenterals Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0008158). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swiss.in.

Company details

CIN U85110GJ1997PLC031645
Registration Number 031645
Incorporation Date 04 February 1997
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0008158

Name history

Swiss Parenterals has undergone 2 name changes throughout its history. The company was previously known as Swiss Hospital Pvt Ltd, and Swiss Parenterals Private Limited. The current legal name is Swiss Parenterals Limited.

Company NameStatus
Swiss Parenterals LimitedCurrent
Swiss Hospital Pvt LtdPrevious
Swiss Parenterals Private LimitedPrevious

CIN history

Swiss Parenterals has one previous CIN (Corporate Identification Number): U85110GJ1997PTC031645. The current CIN is U85110GJ1997PLC031645, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U85110GJ1997PLC031645Current
U85110GJ1997PTC031645Previous
Key People
Naishadh Vikrambhai Shah Whole-Time Director Krishnakumar Vaidyanathan Director Kaushal Kamlesh Shah Director

Recognitions & Rankings of Swiss Parenterals

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0008158

Contact details

Swiss Parenterals Limited's registered office is in Ahmedabad, Gujarat. Its website is swiss.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    swiss.in
  • Social Media
  • Registered Address
    6th Floor A Wing Shilp Accord, Opposite Time Square II Thaltej, Ahmedabad, Gujarat, India – 380054
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Swiss Parenterals Limited, buy the company report.

Comprehensive company report
Swiss Parenterals 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

Swiss Parenterals operates one associated brand: Swiss Parenterals. Each brand links to its own profile.

BrandDescriptionWebsite
Swiss Parenterals
Contract development and manufacturing for pharmaceutical products are offered.swiss.in

Financials of Swiss Parenterals Limited

FY 2024 filings available

Swiss Parenterals Limited reported revenue of ₹231.58 Cr (down 11% YoY) for FY 2023.

Revenue · FY 2023
₹231.58 Cr ▼ 11%
Net profit · FY 2023
₹58.1 Cr margin 25.1%
EBITDA · FY 2023
₹76.76 Cr margin 33.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 27%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▼ 29%
3 years · compounded
▲ 23%
5 years · compounded
▲ 40%

Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 29% 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
Other Income
Total Revenue₹231.58 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹76.76 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹58.1 Cr
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 Margin33.1%
Net Profit Margin25.1%
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 Swiss Parenterals Limited, buy the company report.

Board of directors of Swiss Parenterals Limited

Swiss Parenterals has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Naishadh Vikrambhai Shah
Also directs: Biorx Pharma Labs LLP, Syncorp Ventures LLP, Swiss Exports LLP and 5 more
Whole-Time Director01 May 200719 Years 6 MonthsCurrent
Krishnakumar Vaidyanathan
Also directs: Eris M. J. Biopharm Private Limited, Levim Lifetech Private Limited, Eris Oaknet Healthcare Private Limited
Director15 Feb 20242 Years 8 MonthsCurrent
Kaushal Kamlesh Shah
Also directs: Eris Lifesciences Limited, Aprica Pharma Limited, Eris Healthcare Private Limited and 5 more
Director15 Feb 20242 Years 8 MonthsCurrent
Sachin Shah
Also directs: Aprica Pharma Limited, Eris Healthcare Private Limited, Eris Therapeutics Limited and 5 more
Director15 Feb 20242 Years 8 MonthsCurrent
View all directors

Auditor

Swiss Parenterals Limited is audited by RAKESH TIBDEWAL AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RAKESH TIBDEWAL AND ASSOCIATESFY 2023114178W

Shareholding

The shareholding of Swiss Parenterals 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 Swiss Parenterals Limited, buy the company report.

Charges & borrowings

Open charges
₹70 Cr
Satisfied charges
₹82.9 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹70.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Apr 2025101095055Hdfc Bank Limited₹70 CrOpen
30 Dec 200610030990Bank of India₹57.75 LakhSatisfied
27 Sep 200610023878Bank of India₹39.75 CrSatisfied
22 Aug 200610016607Bank of India₹39.75 CrSatisfied
03 May 200090104072Bank of India₹1.19 CrSatisfied

To see the full charge records of Swiss Parenterals Limited, buy the company report.

Total charge records: 11 View all charges

Deals & funding

Swiss Parenterals Limited has 11 deals on record (7 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹5 Cr; the latest was in March 2024.

Total deals
11
Secondary share transfers
7
Funding rounds
2
Rights issue
1
Acquisition
1
Disclosed funding
₹5 Cr

Deals on record (5 of 11)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: Eris Lifesciences Limited
Feb 2024Acquisition₹637.5 CrBuyer: Eris Lifesciences Limited
Sep 2015Rights issue₹6 CrInvestors: Swiss Exports Private Limited
Jul 2013Funding round₹2.17 CrInvestors: Swiss Exports Private Limited , 3 individuals
Mar 2012Funding round₹2.84 CrInvestors: Swiss Exports Private Limited , 3 individuals

To see the full deal history of Swiss Parenterals Limited, buy the company report.

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

Credit ratings & regulatory alerts

Swiss Parenterals Limited was last rated by Crisil on 14 Aug 2020.

Rating agencyRated onRating
Crisil14 Aug 2020

To see the full credit ratings and regulatory alerts of Swiss Parenterals Limited, buy the company report.

MSME payment delays

Swiss Parenterals Limited has 5 MSME Form 1 returns on record between 2019 and 2024, listing 1,227 overdue payments to 65 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 65)

SupplierAmount dueDue sinceReported on
K.B.Impex Mumbai
Hufort Healthcare Private Limited
Jay Offset (Gujarat) Private Limited
an individual supplier
Jal Extrusion Private Limited

To see the full MSME payment records of Swiss Parenterals Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Swiss Parenterals Limited has a workforce of 513 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
513
Active EPFO establishments
1
Employee growth
23.6%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27513
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Swiss Parenterals Limited, buy the company report.

GST

Swiss Parenterals has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AACCS6806P1ZZGujaratActive01 Jul 2017
21AACCS6806P1Z5OdishaActive05 May 2022

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

Recent activity

Swiss Parenterals Limited has 15 board changes on record since 2007: 4 appointments and 11 cessations. The latest: Kaushal Kamlesh Shah ceased to be Additional Director on 29 Sep 2024.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 70.00 Cr with Charge ID 101095055 was registered on 09 Apr 2025.
AGM
Swiss Parenterals Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Kaushal Kamlesh Shah ceased to be Additional Director.
Ceased
Krishnakumar Vaidyanathan ceased to be Additional Director.
Ceased
Sachin Shah ceased to be Additional Director.
Filing
Swiss Parenterals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Kaushal Kamlesh Shah was appointed as Director.
Appointed
Krishnakumar Vaidyanathan was appointed as Director.
Ceased
Piyush Mulshankar Pandya ceased to be Director.
Appointed
Sachin Shah was appointed as Director.
Charges
A charge registered on 22 Aug 2006 via Charge ID 10016607 with Bank Of India was fully satisfied on 27 Mar 2023.
Charges
A charge registered on 27 Sep 2006 via Charge ID 10023878 with Bank Of India was fully satisfied on 13 Mar 2023.

32 earlier events are in the company report.

News

Frequently asked questions

Swiss Parenterals 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 04 February 1997 (29+ years old) and is registered under CIN U85110GJ1997PLC031645.

Swiss Parenterals has 4 current directors:

The latest financial statements of Swiss Parenterals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Swiss Parenterals is 24AACCS6806P1ZZ, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 21AACCS6806P1Z5 (Odisha).

The CIN (Corporate Identification Number) of Swiss Parenterals is U85110GJ1997PLC031645. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Swiss Parenterals has 29 court cases on record: 15 filed by the company and 14 filed against it. 8 are pending. Most are in the district courts.

Swiss Parenterals was incorporated on 04 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Swiss Parenterals has 11 deals on record (7 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹5 Cr; the latest was in March 2024.

Kaushal Kamlesh Shah ceased to be Additional Director on 29 Sep 2024. Krishnakumar Vaidyanathan ceased to be Additional Director on 29 Sep 2024. Sachin Shah ceased to be Additional Director on 29 Sep 2024. Swiss Parenterals has 15 board changes on record in total.

Yes, Swiss Parenterals is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0008158).

Swiss Parenterals has 5 MSME Form 1 returns on record between 2019 and 2024, listing 1,227 overdue payments to 65 micro and small suppliers. The latest return was filed on 01 Jun 2024.