About Torque Pharmaceuticals Private Limited
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Torque Pharmaceuticals Private Limited is a private limited company based in Chandigarh, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 20 November 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24119CH1986PTC007151. Its GSTIN is 04AABCT1244P3Z9 (Chandigarh). The company holds 23 GST registrations, of which 20 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹71.13 Lakh. It was formerly known as Manil Food Processing Company Limited and Manil Organics Private Limited. It is led by directors Amariqbal Singh Bedi (Managing Director) and Mandeep Singh.
Its last annual general meeting (AGM) was held on 30 November 2024, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 693 Phase II Industrial Area, Chandigarh, India – 160002.
As per the financials filed for FY 2025, the company reported a revenue of ₹424.39 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹56.44 Cr (net margin 13.3%) and EBITDA of ₹85.54 Cr (EBITDA margin 20.2%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.
The company has about 825 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: No Scars and Torque Pharma. As per MCA filings, the company has open charges of ₹266.02 Cr and satisfied charges of ₹68.04 Cr on record. Court records list 320 cases involving the company, including 245 filed by the company and 75 filed against it; 107 cases are pending. The company has 5 deals on record (5 secondary share transfers); the latest was in May 2023. Its 3 peer companies in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (manufacture of basic pharmaceutical products and pharmaceutical preparations) are compared by revenue, 1 larger and 2 smaller; the largest is Themis Medicare Limited with revenue of ₹410.18 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2020, listing 50 overdue payments to 11 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website torquepharma.com.
Company details
Name history
Torque Pharmaceuticals has undergone 2 name changes throughout its history. The company was previously known as Manil Food Processing Company Limited, and Manil Organics Private Limited. The current legal name is Torque Pharmaceuticals Private Limited.
| Company Name | Status |
|---|---|
| Torque Pharmaceuticals Private Limited | Current |
| Manil Food Processing Company Limited | Previous |
| Manil Organics Private Limited | Previous |
CIN history
Torque Pharmaceuticals has one previous CIN (Corporate Identification Number): U24230CH1986PTC007151. The current CIN is U24119CH1986PTC007151, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24119CH1986PTC007151 | Current |
| U24230CH1986PTC007151 | Previous |
Contact details
Torque Pharmaceuticals Private Limited's registered office is in Chandigarh, Chandigarh. Its website is torquepharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address693 Phase II Industrial Area, Chandigarh, India – 160002
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Torque Pharmaceuticals 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
Torque Pharmaceuticals operates two associated brands: No Scars and Torque Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Skincare products including creams and washes for treating scars and improving skin health. | noscars.co.in | |
| Pharmaceutical manufacturing, including tablets, capsules, and exports, with a focus on quality and global distribution. | torquepharma.com |
Business activity
The main business activity of Torque Pharmaceuticals is manufacturing. In detail, this covers manufacture of basic pharmaceutical products and pharmaceutical preparations and food, beverages and tobacco products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 21 | Manufacture of basic pharmaceutical products and pharmaceutical preparations | |
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Torque Pharmaceuticals Private Limited, buy the company report.
Financials of Torque Pharmaceuticals Private Limited
FY 2025 filings availableTorque Pharmaceuticals Private Limited reported revenue of ₹424.39 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 5% growth in the latest year. EBITDA rose 8% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹424.39 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹85.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹56.44 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.2% | ||||
| Net Profit Margin | 13.3% | ||||
| 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 Torque Pharmaceuticals Private Limited, buy the company report.
Board of directors of Torque Pharmaceuticals Private Limited
Torque Pharmaceuticals has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mandeep Singh | Director | 05 Nov 2022 | 4 Years 0 Months | Current |
| Amariqbal Singh Bedi Also directs: Kranti Buildwell LLP, Torque Farmer Producer Company Limited, Filmy Keeda Productions Private Limited and 2 more | Managing Director | 23 Aug 1989 | 37 Years 2 Months | Current |
Peer comparison
Torque Pharmaceuticals Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (manufacture of basic pharmaceutical products and pharmaceutical preparations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Torque Pharmaceuticals Private Limitedthis company | ₹424.39 Cr (FY 2025) | ₹56.44 Cr | 13.3% | 5.0% | 825 | Chandigarh, India |
| Themis Medicare Limited | ₹410.18 Cr (FY 2025) | 6.0% | Vapi, Gujarat, India | |||
| Steril-Gene Life Sciences Private Limited | ₹404.06 Cr (FY 2025) | 41.0% | Chennai, Tamil Nadu, India | |||
| Eisai Pharmaceuticals India Private Limited | ₹402.38 Cr (FY 2025) | -15.0% | Paravada, Andhra Pradesh, India |
To see the full peer comparison of Torque Pharmaceuticals Private Limited, buy the company report.
Auditor
Torque Pharmaceuticals Private Limited is audited by S G P N & ASSOCIATES for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G P N & ASSOCIATES | FY 2025 | 025697N |
Shareholding
The shareholding of Torque Pharmaceuticals Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Torque Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2025 | 101077850 | Hdfc Bank Limited | ₹17 Cr | Open | |
| 30 Apr 2023 | 100724856 | Axis Bank Limited | ₹79.89 Lakh | Open | |
| 10 Feb 2023 | 100707991 | Axis Bank Limited | ₹1.49 Cr | Open | |
| 06 Jun 2022 | 100584563 | State Bank of India | ₹6.55 Cr | Open | |
| 23 Feb 2022 | 100546010 | Axis Bank Limited | ₹2.2 Cr | Open |
To see the full charge records of Torque Pharmaceuticals Private Limited, buy the company report.
Total charge records: 33 View all charges
Deals & funding
Torque Pharmaceuticals Private Limited has 5 deals on record (5 secondary share transfers); the latest was in May 2023.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Apr 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Torque Pharmaceuticals Private Limited has 320 court cases on record: 245 filed by Torque Pharmaceuticals, 75 filed against it. 107 cases are pending and 213 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 244 | 42 | 98 |
| High courts | 74 | 32 | 9 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 320)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Centaur Pharmaceuticals Pvt. Ltd. | Pending |
| High Court, MAHARASHTRA | Court case (COMIP) | Filed against the company by Centaur Pharmaceuticals Pvt. Ltd. | Pending |
| High Court, MAHARASHTRA | Court case (LPETN) | Filed against the company by Centaur Pharmaceuticals Pvt. Ltd. Asian Patent Law | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by Emami Limited | Pending |
| Bombay High Court | Court case (CHOL) | Filed against the company by Galpha Laboratories Ltd. | Pending |
To see the full case history of Torque Pharmaceuticals 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.
Credit ratings & regulatory alerts
Torque Pharmaceuticals Private Limited was last rated by Crisil on 01 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 01 Oct 2020 |
To see the full credit ratings and regulatory alerts of Torque Pharmaceuticals Private Limited, buy the company report.
MSME payment delays
Torque Pharmaceuticals Private Limited has 3 MSME Form 1 returns on record between 2019 and 2020, listing 50 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sapphire Flexipack Private Limited | |||
| Indo Pack Limited | |||
| Talwar Pharma | |||
| Adani Pharmachem Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Torque Pharmaceuticals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Torque Pharmaceuticals has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Filmy Keeda Productions Private Limited | U22212MH2013PTC250561 |
To see the full group structure of Torque Pharmaceuticals Private Limited, buy the company report.
Employees & EPFO
Torque Pharmaceuticals Private Limited has a workforce of 825 employees on its EPFO records as of May 2026, across 3 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 825 |
| 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 Torque Pharmaceuticals Private Limited, buy the company report.
GST
Torque Pharmaceuticals has 23 GST registrations: 20 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AABCT1244P3Z9 | Chandigarh | Active | 29 Aug 2018 |
| 02AABCT1244P1ZF | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AABCT1244P1ZD | Punjab | Active | 01 Jul 2017 |
| 06AABCT1244P1Z7 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Torque Pharmaceuticals Private Limited, buy the company report.
Recent activity
Torque Pharmaceuticals Private Limited has 6 board changes on record since 1989: 2 appointments and 4 cessations. The latest: Amariqbal Singh Bedi ceased to be Director on 15 Nov 2022.
55 earlier events are in the company report.
Frequently asked questions
Torque Pharmaceuticals is an active private limited company based in Chandigarh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 20 November 1986 (40+ years old) and is registered under CIN U24119CH1986PTC007151.
Torque Pharmaceuticals has 2 current directors:
- Amariqbal Singh Bedi - Managing Director
- Mandeep Singh - Director
The latest financial statements of Torque Pharmaceuticals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Torque Pharmaceuticals is 04AABCT1244P3Z9, registered in Chandigarh. The company has 23 GST registrations in all, of which 20 are active and 3 are cancelled or inactive. Other active GSTINs include 02AABCT1244P1ZF (Himachal Pradesh), 03AABCT1244P1ZD (Punjab), 06AABCT1244P1Z7 (Haryana).
The CIN (Corporate Identification Number) of Torque Pharmaceuticals is U24119CH1986PTC007151. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Torque Pharmaceuticals has 320 court cases on record: 245 filed by the company and 75 filed against it. 107 are pending. Most are in the district courts.
Torque Pharmaceuticals was incorporated on 20 November 1986, making it 40+ years old. It is registered with the Registrar of Companies, Chandigarh.
Torque Pharmaceuticals has 5 deals on record (5 secondary share transfers); the latest was in May 2023.
The peers of Torque Pharmaceuticals by revenue are Themis Medicare Limited, Steril-Gene Life Sciences Private Limited, Eisai Pharmaceuticals India Private Limited, all in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (manufacture of basic pharmaceutical products and pharmaceutical preparations).
Amariqbal Singh Bedi ceased to be Director on 15 Nov 2022. Mandeep Singh was appointed as Director on 05 Nov 2022. Paramjit Singh Chhatwal ceased to be Managing Director on 18 Oct 2022. Torque Pharmaceuticals has 6 board changes on record in total.
Torque Pharmaceuticals has 3 MSME Form 1 returns on record between 2019 and 2020, listing 50 overdue payments to 11 micro and small suppliers. The latest return was filed on 01 Oct 2020.
Torque Pharmaceuticals can be reached through the website torquepharma.com. Its registered office is in Chandigarh, India.
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