About Ontop Pharmaceuticals Private Limited
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Ontop Pharmaceuticals Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 02 December 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24231KA1993PTC014996. Its GSTIN is 29AAACO2536N1Z4 (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.13 Cr. It was formerly known as Ontop Pharmaceuticals Limited. It is led by directors Sanju Dutt (Whole-Time Director) and Abhishek Dutta (Whole-Time Director).
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 9 – D Bommasandra Indl.Area Hosur Road Bangalore, Karnataka, India – 562158.
As per the financials filed for FY 2024, the company reported a revenue of ₹138.93 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹12.57 Cr (net margin 9%) and EBITDA of ₹20.98 Cr (EBITDA margin 15.1%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 8% over five years.
The company has about 175 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹4 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it. The company has 1 deal on record (1 secondary share transfer); the latest was in September 2019. Its 7 peer companies in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 4 smaller; the largest is Midas Care Pharmaceuticals Pvt Ltd with revenue of ₹139.99 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ontoppharma.com.
Company details
CIN history
Ontop Pharmaceuticals has one previous CIN (Corporate Identification Number): U24231KA1993PLC014996. The current CIN is U24231KA1993PTC014996, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24231KA1993PTC014996 | Current |
| U24231KA1993PLC014996 | Previous |
Contact details
Ontop Pharmaceuticals Private Limited's registered office is in Bangalore, Karnataka. Its website is ontoppharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address9 – D Bommasandra Indl.Area Hosur Road Bangalore, Karnataka, India – 562158
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Ontop 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
Business activity
The main business activity of Ontop 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 Ontop Pharmaceuticals Private Limited, buy the company report.
Financials of Ontop Pharmaceuticals Private Limited
FY 2024 filings availableOntop Pharmaceuticals Private Limited reported revenue of ₹138.93 Cr (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 4% growth in the latest year. EBITDA rose 13% 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 |
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| Total Expenses | |||||
| EBITDA | ₹20.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.57 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.1% | ||||
| Net Profit Margin | 9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Ontop Pharmaceuticals Private Limited, buy the company report.
Board of directors of Ontop Pharmaceuticals Private Limited
Ontop 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 |
|---|---|---|---|---|
| Sanju Dutt | Whole-Time Director | 16 Aug 2001 | 25 Years 2 Months | Current |
| Abhishek Dutta Also directs: Systopic Pharmaceuticals Private Limited | Whole-Time Director | 16 Aug 2001 | 25 Years 2 Months | Current |
Peer comparison
Ontop Pharmaceuticals Private Limited is compared with the 7 companies closest to it by revenue in the Pharma industry (Formulations, 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 |
|---|---|---|---|---|---|---|
| Midas Care Pharmaceuticals Pvt Ltd | ₹139.99 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Aglowmed Limited | ₹139.55 Cr (FY 2025) | 11.0% | Patna, Bihar, India | |||
| Jackson Laboratories Private Limited | ₹139.35 Cr (FY 2024) | 14.0% | Punjab, India | |||
| Ontop Pharmaceuticals Private Limitedthis company | ₹138.93 Cr (FY 2024) | ₹12.57 Cr | 9% | 4.0% | 175 | Bangalore, Karnataka, India |
| Sundyota Numandis Probioceuticals Private Limited | ₹138.84 Cr (FY 2025) | 24.0% | Ahmedabad, Gujarat, India | |||
| Satyadeeptha Pharmaceuticals Limited | ₹138.74 Cr (FY 2025) | -31.0% | Humnabad, Karnataka, India | |||
| M.M. Remedies Private Limited | ₹137.33 Cr (FY 2025) | 10.0% | Llucknow, Uttar Pradesh, India | |||
| Palsons Derma Private Limited | ₹137.11 Cr (FY 2025) | 15.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ontop Pharmaceuticals Private Limited, buy the company report.
Auditor
Ontop Pharmaceuticals Private Limited is audited by S. P. KRISHNAMURTHY & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. P. KRISHNAMURTHY & CO. | FY 2023 | 007099S |
Shareholding
The shareholding of Ontop Pharmaceuticals Private 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ontop Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2025 | 101163998 | Canara Bank | ₹10 Cr | Open | |
| 09 Oct 2009 | 10221669 | Karnataka Bank Limited | ₹2.25 Cr | Satisfied | |
| 06 Jul 1996 | 90198906 | Canara Bank | ₹45 Lakh | Satisfied | |
| 19 Mar 1996 | 90196996 | Karnataka State Financial Corporation | ₹1 Cr | Satisfied | |
| 22 Feb 1996 | 90198886 | Canara Bank | ₹30 Lakh | Satisfied |
To see the full charge records of Ontop Pharmaceuticals Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Ontop Pharmaceuticals Private Limited has 1 deal on record (1 secondary share transfer); the latest was in September 2019.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2019 | 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
Ontop Pharmaceuticals Private Limited has 8 court cases on record: 2 filed by Ontop Pharmaceuticals, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 5 | 0 |
| District courts | 1 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0104-Labour Matters : Matters relating to wages, bonus, ad-hoc, casual daily wages & their regularisation) | Filed by the company against North Karnataka Durgs and Pharmaceutical Manufacturers Welfare Association Represented by Its Hon.Secretary C/O Nandu Chemicals Pvt.Ltd., N-12, Industrial Estate Gokul Road Hubli-580 030 , , Karnataka and 19 others | Disposed |
| High Court of Karnataka | Appeal | Filed against the company | Disposed |
| District court, East Singhbhum at Jamshedpur, Jharkhand | Criminal complaint | Filed against the company by State of Jharkhand | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
| High Court, TELANGANA | Court case (CRLP) | Filed by the company against individuals | Disposed |
To see the full case history of Ontop 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ontop Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ontop Pharmaceuticals Private Limited has a workforce of 175 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
GST
Ontop Pharmaceuticals has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACO2536N1Z4 | Karnataka | Active | 01 Jul 2017 |
| 07AAACO2536N1ZA | Delhi | Active | 01 Jul 2017 |
| 36AAACO2536N1Z9 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ontop Pharmaceuticals Private Limited, buy the company report.
Recent activity
Ontop Pharmaceuticals Private Limited has 7 board changes on record since 2001: 3 appointments and 4 cessations. The latest: Madanamohan Viswanathaiah Katta ceased to be Director on 22 Jul 2024.
8 earlier events are in the company report.
Frequently asked questions
Ontop Pharmaceuticals is an active private limited company based in Bangalore, Karnataka, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 02 December 1993 (33+ years old) and is registered under CIN U24231KA1993PTC014996.
Ontop Pharmaceuticals has 2 current directors:
- Sanju Dutt - Whole-Time Director
- Abhishek Dutta - Whole-Time Director
The latest financial statements of Ontop 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 Ontop Pharmaceuticals is 29AAACO2536N1Z4, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 07AAACO2536N1ZA (Delhi), 36AAACO2536N1Z9 (Telangana).
The CIN (Corporate Identification Number) of Ontop Pharmaceuticals is U24231KA1993PTC014996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ontop Pharmaceuticals has 8 court cases on record: 2 filed by the company and 6 filed against it. Most are in the high courts.
Ontop Pharmaceuticals was incorporated on 02 December 1993, making it 33+ years old. It is registered with the Registrar of Companies, Bangalore.
Ontop Pharmaceuticals has 1 deal on record (1 secondary share transfer); the latest was in September 2019.
The peers of Ontop Pharmaceuticals by revenue are Midas Care Pharmaceuticals Pvt Ltd, Aglowmed Limited, Jackson Laboratories Private Limited, Sundyota Numandis Probioceuticals Private Limited, Satyadeeptha Pharmaceuticals Limited and 2 more, all in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Madanamohan Viswanathaiah Katta ceased to be Director on 22 Jul 2024. Prasad Adinarayana Dasa ceased to be Director on 26 Oct 2010. Raj Kumar Nangia ceased to be Director on 26 Oct 2010. Ontop Pharmaceuticals has 7 board changes on record in total.
Ontop Pharmaceuticals can be reached through the website ontoppharma.com. Its registered office is in Bangalore, Karnataka, India.
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