
About Nagarjun Pharmaceuticals Pvt Ltd
Data last updated:
Nagarjun Pharmaceuticals Pvt Ltd is a private limited company based in Gandhinagar, Gujarat, India. It operates in the ayurvedic products and services segment of the healthcare sector. It was incorporated on 19 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1995PTC024260. Its GSTIN is 24AABCN4122E1Z3 (Gujarat). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.8 Cr. It is led by directors including Satishkumar Harishankar Joshi Aka Sharma and Vaidehiben Satishkumar Joshi.
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 Sherisa Kalol Khatraj Road Kalol, Gandhinagar, Gujarat, India – 382721.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.3 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹73.56 Lakh (net margin 3.5%) and EBITDA of ₹2.65 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 5% over five years.
The company has about 79 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.4 Cr and satisfied charges of ₹17.43 Cr on record. Court records list 6 cases involving the company, including 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nagarjunpharma.com.
Company details
Contact details
Nagarjun Pharmaceuticals Pvt Ltd's registered office is in Gandhinagar, Gujarat. Its website is nagarjunpharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSherisa Kalol Khatraj Road Kalol, Gandhinagar, Gujarat, India – 382721
- IndustryHealthcare, Ayurvedic Products & Services
To see the full contact details of Nagarjun Pharmaceuticals Pvt Ltd, 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
Business activity
The main business activity of Nagarjun Pharmaceuticals 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 Nagarjun Pharmaceuticals Pvt Ltd, buy the company report.
Financials of Nagarjun Pharmaceuticals Pvt Ltd
FY 2024 filings availableNagarjun Pharmaceuticals Pvt Ltd reported revenue of ₹21.3 Cr (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 6% growth in the latest year. EBITDA fell 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹73.56 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.5% | ||||
| Net Profit Margin | 3.5% | ||||
| 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 Nagarjun Pharmaceuticals Pvt Ltd, buy the company report.
Board of directors of Nagarjun Pharmaceuticals Pvt Ltd
Nagarjun Pharmaceuticals has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satishkumar Harishankar Joshi Aka Sharma | Director | 19 Jan 1995 | 31 Years 9 Months | Current |
| Vaidehiben Satishkumar Joshi | Director | 19 Jan 1995 | 31 Years 9 Months | Current |
| Atrey Satish Chandra Joshi | Director | 05 Mar 2012 | 14 Years 7 Months | Current |
Peer comparison
Nagarjun Pharmaceuticals Pvt Ltd is compared with the 6 companies closest to it by revenue in the Healthcare industry (Ayurvedic Products and Services, Pharmaceuticals), 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 |
|---|---|---|---|---|---|---|
| Dci Pharmaceuticals Private Limited | ₹21.53 Cr (FY 2024) | 34.0% | Margao, Goa, India | |||
| Himalaya Nutravedics India Limited | ₹21.49 Cr (FY 2025) | 49.0% | Hyderabad, Telangana, India | |||
| Ce-Chem Pharmaceuticals Private Limited | ₹21.36 Cr (FY 2025) | 53.0% | Bangalore, Karnataka, India | |||
| Nagarjun Pharmaceuticals Pvt Ltdthis company | ₹21.3 Cr (FY 2024) | ₹73.56 Lakh | 3.5% | 6.0% | 79 | Gandhinagar, Gujarat, India |
| Ravi Pharmaceuticals Pvt Ltd | ₹21.23 Cr (FY 2024) | 15.0% | Khambhat, Gujarat, India | |||
| Ethicare Pharmaceuticals Private Limited | ₹21.2 Cr (FY 2025) | 94.0% | Vadodara, Gujarat, India | |||
| Burnett Homeopathy Private Limited | ₹21.19 Cr (FY 2024) | 39.0% | New Delhi, Delhi, India |
To see the full peer comparison of Nagarjun Pharmaceuticals Pvt Ltd, buy the company report.
Auditor
Nagarjun Pharmaceuticals Pvt Ltd is audited by J M PATEL & BROS for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J M PATEL & BROS | FY 2022 | 107707W |
Shareholding
The shareholding of Nagarjun Pharmaceuticals Pvt Ltd 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 Nagarjun Pharmaceuticals Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jul 2024 | 100955655 | Axis Bank Limited | ₹46.73 Lakh | Open | |
| 11 Jan 2024 | 100850695 | Axis Bank Limited | ₹1.65 Cr | Open | |
| 11 Jul 2022 | 100596845 | Axis Bank Limited | ₹1.61 Cr | Open | |
| 20 Jun 2022 | 100596843 | Axis Bank Limited | ₹9.5 Cr | Open | |
| 05 Mar 2022 | 100550176 | Axis Bank Limited | ₹4.4 Cr | Open |
To see the full charge records of Nagarjun Pharmaceuticals Pvt Ltd, buy the company report.
Total charge records: 14 View all charges
Legal cases
Nagarjun Pharmaceuticals Pvt Ltd has 6 court cases on record: 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
Cases on record (2 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Court case (R.C.C.) | Filed against the company by State of Maharashtra | Disposed |
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Disposed |
To see the full case history of Nagarjun Pharmaceuticals Pvt Ltd, 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 Nagarjun Pharmaceuticals Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nagarjun Pharmaceuticals Pvt Ltd has a workforce of 79 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Nagarjun Pharmaceuticals has 6 GST registrations: 4 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCN4122E1Z3 | Gujarat | Active | 01 Jul 2017 |
| 09AABCN4122E1ZV | Uttar Pradesh | Active | 01 Jul 2017 |
| 27AABCN4122E1ZX | Maharashtra | Active | 01 Jul 2017 |
| 23AABCN4122E2Z4 | Madhya Pradesh | Active | 18 May 2018 |
To see the full GST registrations and return filing status of Nagarjun Pharmaceuticals Pvt Ltd, buy the company report.
Recent activity
Nagarjun Pharmaceuticals Pvt Ltd has 3 board changes on record since 1995: 3 appointments. The latest: Atrey Satish Chandra Joshi was appointed as Director on 05 Mar 2012.
17 earlier events are in the company report.
Frequently asked questions
Nagarjun Pharmaceuticals is an active private limited company based in Gandhinagar, Gujarat, India. The company works in ayurvedic products and services, within the healthcare industry. It was incorporated on 19 January 1995 (31+ years old) and is registered under CIN U24231GJ1995PTC024260.
Nagarjun Pharmaceuticals has 3 current directors:
- Satishkumar Harishankar Joshi Aka Sharma - Director
- Vaidehiben Satishkumar Joshi - Director
- Atrey Satish Chandra Joshi - Director
The latest financial statements of Nagarjun Pharmaceuticals 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 Nagarjun Pharmaceuticals is 24AABCN4122E1Z3, registered in Gujarat. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 09AABCN4122E1ZV (Uttar Pradesh), 27AABCN4122E1ZX (Maharashtra), 23AABCN4122E2Z4 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Nagarjun Pharmaceuticals is U24231GJ1995PTC024260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nagarjun Pharmaceuticals has 6 court cases on record: 6 filed against it.
Nagarjun Pharmaceuticals was incorporated on 19 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nagarjun Pharmaceuticals by revenue are Dci Pharmaceuticals Private Limited, Himalaya Nutravedics India Limited, Ce-Chem Pharmaceuticals Private Limited, Ravi Pharmaceuticals Pvt Ltd, Ethicare Pharmaceuticals Private Limited and 1 more, all in the Healthcare industry (Ayurvedic Products and Services, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Atrey Satish Chandra Joshi was appointed as Director on 05 Mar 2012. Satishkumar Harishankar Joshi Aka Sharma was appointed as Director on 19 Jan 1995. Vaidehiben Satishkumar Joshi was appointed as Director on 19 Jan 1995.
Nagarjun Pharmaceuticals can be reached through the website nagarjunpharma.com. Its registered office is in Gandhinagar, Gujarat, India.
The registered office of Nagarjun Pharmaceuticals is at Sherisa Kalol Khatraj Road Kalol, Gandhinagar, Gujarat, India – 382721.