Nutricore Biosciences Private Limited

Nutricore Biosciences Private Limited - healthcare in Olpad, Gujarat, India. FY 2026 financials & compliance.
CIN U24233GJ2015PTC083229 Incorporated 18 May 2015 ROC Ahmedabad HQ Olpad, Gujarat, India
Active Private Limited Company healthcare DPIIT Startup MSME · Small
Data last updated
Revenue · FY 2026
₹62.07 Cr
▲ 14% YoY
Net profit · FY 2026
₹4.27 Cr
Net margin 6.9%
EBITDA · FY 2026
₹7.25 Cr
EBITDA margin 11.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Open charges
₹8 Cr
Satisfied ₹50 Lakh
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings

About Nutricore Biosciences Private Limited

Data last updated:

Nutricore Biosciences Private Limited is a private limited company based in Olpad, Gujarat, India, recognised as a startup by DPIIT. It operates in the preventive health supplements segment of the healthcare sector. It was incorporated on 18 May 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24233GJ2015PTC083229. Its GSTIN is 24AAECN9268Q1ZM (Gujarat). The company holds 4 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Jignesh Bhikhabhai Kotadiya (Managing Director) and Nikunjkumar Naranbhai Ghadiya.

Its last annual general meeting (AGM) was held on 30 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Near Krishna Park, Olpad, Gujarat.

As per the financials filed for FY 2026, the company reported a revenue of ₹62.07 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹4.27 Cr (net margin 6.9%) and EBITDA of ₹7.25 Cr (EBITDA margin 11.7%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 37% over five years.

The company is associated with 2 brands: HealthOxide and Trueforma Nutrition. As per MCA filings, the company has open charges of ₹8 Cr and satisfied charges of ₹50 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.

Nutricore Biosciences Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0133869). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nutricore.in.

Company details

CIN U24233GJ2015PTC083229
Registration Number 083229
Incorporation Date 18 May 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0133869
Key People
Jignesh Bhikhabhai Kotadiya Managing Director Nikunjkumar Naranbhai Ghadiya Director

Recognitions & Rankings of Nutricore Biosciences

DPIIT recognised startup Government of India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-22-0133869

Contact details

Nutricore Biosciences Private Limited's registered office is in Olpad, Gujarat. Its website is nutricore.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    nutricore.in
  • Registered Address
    Plot No 10 To 26 Sky Industries, Near Krishna Park Industries Lindiyad, Olpad, Gujarat, India – 394530
  • Industry
    Healthcare, Preventive Health Supplements

To see the full contact details of Nutricore Biosciences Private Limited, buy the company report.

Comprehensive company report
Nutricore Biosciences Private 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

Nutricore Biosciences operates two associated brands: HealthOxide and Trueforma Nutrition. Each brand links to its own profile.

BrandDescriptionWebsite
HealthOxide
Online store selling supplements, proteins, and wellness products for consumers.healthoxide.com
Trueforma Nutrition
Nutritional supplements for fitness and wellness support in India.trueforma.in

Business activity

The main business activity of Nutricore Biosciences is manufacturing. In detail, this covers manufacture of food products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing10Manufacture of food products

To see the full business activity and turnover split of Nutricore Biosciences Private Limited, buy the company report.

Financials of Nutricore Biosciences Private Limited

FY 2026 filings available

Nutricore Biosciences Private Limited reported revenue of ₹62.07 Cr (up 14% YoY) for FY 2026.

Revenue · FY 2026
₹62.07 Cr ▲ 14%
Net profit · FY 2026
₹4.27 Cr margin 6.9%
EBITDA · FY 2026
₹7.25 Cr margin 11.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 18%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 7%
5 years · compounded
▲ 38%

Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 14% growth in the latest year. EBITDA rose 10% 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 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹62.07 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹7.25 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.27 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 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin11.7%
Net Profit Margin6.9%
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 Nutricore Biosciences Private Limited, buy the company report.

Board of directors of Nutricore Biosciences Private Limited

Nutricore Biosciences has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Nikunjkumar Naranbhai Ghadiya
Also directs: Maxgreen Biomolecules LLP, Lerel Health Foods LLP, Proton Biolabs LLP and 1 more
Director18 May 201511 Years 5 MonthsCurrent
Jignesh Bhikhabhai Kotadiya
Also directs: Maxgreen Biomolecules LLP, Lerel Health Foods LLP, Proton Biolabs LLP and 3 more
Managing Director18 May 201511 Years 5 MonthsCurrent
View all directors

Auditor

Nutricore Biosciences Private Limited is audited by VCAS & CO LLP for the financial year 2026.

Auditor firmFinancial yearFirm registration number
VCAS & CO LLPFY 2026123372W/W101079

Shareholding

The shareholding of Nutricore Biosciences 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 categoryFY 2025FY 2024FY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Nutricore Biosciences Private Limited, buy the company report.

Charges & borrowings

Open charges
₹8 Cr
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Hdfc Bank Limited₹8.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Sep 2022100612795Hdfc Bank Limited₹8 CrOpen
03 Jun 2017100104339Others₹50 LakhSatisfied

To see the full charge records of Nutricore Biosciences Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

Nutricore Biosciences Private Limited has 4 MSME Form 1 returns on record for the period ending Mar 2019, listing 441 overdue payments to 55 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 55)

SupplierAmount dueDue sinceReported on
an individual supplier
Ambica Plastics
an individual supplier
an individual supplier
Absolute Nutrition Private Limited

To see the full MSME payment records of Nutricore Biosciences Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Nutricore Biosciences has 4 GST registrations: 1 active and 3 cancelled or inactive.

Total GSTINs
4
Active
1
Cancelled / inactive
3
GSTINStateStatusRegistered on
24AAECN9268Q1ZMGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Nutricore Biosciences Private Limited, buy the company report.

Recent activity

Nutricore Biosciences Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Jignesh Bhikhabhai Kotadiya was appointed as Managing Director on 18 May 2015.

AGM
Nutricore Biosciences Private Limited last Annual general meeting of members was held on 30 Sep 2026 as per latest MCA records.
Filing
Nutricore Biosciences Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 800.00 Lakh with Charge ID 100612795 was registered on 14 Sep 2022.
Charges
A charge registered on 03 Jun 2017 via Charge ID 100104339 with Others was fully satisfied on 21 Dec 2019.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100104339 was registered on 03 Jun 2017.
Appointed
Jignesh Bhikhabhai Kotadiya was appointed as Managing Director.
Appointed
Nikunjkumar Naranbhai Ghadiya was appointed as Director.
Incorporation
18 May 2015
Nutricore Biosciences Private Limited was registered on 18 May 2015 with Roc Ahmedabad & aged 11 years 5 months as per MCA records.

Frequently asked questions

Nutricore Biosciences is an active private limited company based in Olpad, Gujarat, India. The company works in preventive health supplements, within the healthcare industry. It was incorporated on 18 May 2015 (11+ years old) and is registered under CIN U24233GJ2015PTC083229.

Nutricore Biosciences has 2 current directors:

The latest financial statements of Nutricore Biosciences on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2026. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Nutricore Biosciences is 24AAECN9268Q1ZM, registered in Gujarat. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.

The CIN (Corporate Identification Number) of Nutricore Biosciences is U24233GJ2015PTC083229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nutricore Biosciences has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the district courts.

Nutricore Biosciences was incorporated on 18 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Jignesh Bhikhabhai Kotadiya was appointed as Managing Director on 18 May 2015. Nikunjkumar Naranbhai Ghadiya was appointed as Director on 18 May 2015.

Yes, Nutricore Biosciences is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Nutricore Biosciences is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0133869).

Nutricore Biosciences has 4 MSME Form 1 returns on record for the period ending Mar 2019, listing 441 overdue payments to 55 micro and small suppliers. The latest return was filed on 06 Jun 2019.