- Category
- Small (2023-24)
- Udyam number
- UDYAM-HP-11-0002709

About Onyx Biotec Limited
Data last updated:
Onyx Biotec Limited is a public limited company based in Solan, Himachal Pradesh, India. It operates in the chemical products segment of the chemicals sector. It was incorporated on 13 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN L24230HP2005PLC028403. Its GSTIN is 02AAACO8296M1Z1 (Himachal Pradesh). It is a listed company as per MCA records. Its shares are listed on NSE: ONYX.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹18.13 Cr. It is led by directors including Naresh Kumar (Managing Director) and Harsh Mahajan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Solan, Himachal Pradesh.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹69.47 Cr, a growth of 12.1% compared to the previous year. For the same year it recorded a net loss of ₹21 Lakh (net margin -0.3%) and EBITDA of ₹3.4 Cr (EBITDA margin 4.9%). The net worth stands at ₹55.41 Cr (down 0.4% YoY). Total assets are valued at ₹70.58 Cr (up 3.7% YoY).
The company has about 172 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Onyx Biotec. As per MCA filings, the company has open charges of ₹29.94 Cr and satisfied charges of ₹65.28 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 1 deal on record (1 ipo); the latest was in November 2024. Its 8 peer companies in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 4 smaller; the largest is Sance Laboratories Private Limited with revenue of ₹63.45 Cr. The company has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 46 overdue payments to 5 micro and small suppliers.
Onyx Biotec Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0002709). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website onyxbiotec.com.
Company details
CIN history
Onyx Biotec has one previous CIN (Corporate Identification Number): U24230HP2005PTC028403. The current CIN is L24230HP2005PLC028403, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24230HP2005PLC028403 | Current |
| U24230HP2005PTC028403 | Previous |
Recognitions & Rankings of Onyx Biotec
Contact details
Onyx Biotec Limited's registered office is in Solan, Himachal Pradesh. Its website is onyxbiotec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVillage Bir Plassi Near Sainimajraropar, Nalagrh Road, Solan, Himachal Pradesh, India – 174101
- IndustryChemicals, Chemical Products, Medicinal Chemical & Botanical Products, Pharmaceuticals
To see the full contact details of Onyx Biotec 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
Onyx Biotec operates one associated brand: Onyx Biotec. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical company that manufactures and distributes generic and proprietary pharmaceutical products | onyxbiotec.com |
Business activity
The main business activity of Onyx Biotec 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 Onyx Biotec Limited, buy the company report.
Financials of Onyx Biotec Limited
FY 2025-26 filings availableOnyx Biotec Limited reported revenue of ₹69.47 Cr (up 12.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 69.47 | 61.95 | 53.75 | 39.49 | 44.86 |
| Revenue growth | +12.1% | +15.3% | +36.1% | -12.0% | - |
| EBITDA | 3.40 | 10.37 | 8.40 | 4.49 | 5.78 |
| EBITDA margin | +4.9% | +16.7% | +15.6% | +11.4% | +12.9% |
| Profit before tax | (0.42) | 6.47 | 4.50 | 2.55 | 3.80 |
| Net profit | (0.21) | 4.22 | 3.64 | 1.86 | 3.36 |
| Net profit margin | -0.3% | +6.8% | +6.8% | +4.7% | +7.5% |
| EPS (₹) | (0.12) | 2.73 | 2.73 | 3.13 | 5.68 |
| Balance sheet | |||||
| Total assets | 70.58 | 68.08 | 56.07 | 47.87 | 29.00 |
| Net worth | 55.41 | 55.62 | 25.29 | 18.20 | 16.37 |
| Total debt | 15.17 | 12.46 | 30.78 | 29.23 | 12.25 |
| Cash & bank | 4.04 | 8.61 | 1.47 | 0.01 | 0.01 |
| Net working capital | 29.23 | 29.15 | 14.21 | 5.58 | 8.01 |
| Cash flow | |||||
| Cash from operations | (1.49) | 1.42 | 1.52 | 1.96 | 0.49 |
| Cash from investing | (4.58) | 0.66 | (3.15) | (22.68) | (5.78) |
| Cash from financing | 1.50 | 5.07 | 3.09 | 16.43 | 5.20 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 69.47 | 61.95 | 53.75 | 39.49 | 44.86 |
| Revenue growth | +12.1% | +15.3% | +36.1% | -12.0% | - |
| Other income | 0.44 | 1.17 | 0.13 | 0.12 | 0.12 |
| Total expenses | 66.07 | 51.58 | 45.35 | 35.00 | 39.08 |
| Employee cost | 0.00 | 8.64 | 5.94 | 10.48 | 8.62 |
| EBITDA | 3.40 | 10.37 | 8.40 | 4.49 | 5.78 |
| EBITDA margin | +4.9% | +16.7% | +15.6% | +11.4% | +12.9% |
| Depreciation | 3.05 | 3.05 | 1.87 | 1.49 | 1.45 |
| Interest | 1.21 | 2.02 | 2.16 | 0.57 | 0.65 |
| Profit before tax | (0.42) | 6.47 | 4.50 | 2.55 | 3.80 |
| Tax | (0.21) | 1.52 | 0.86 | 0.70 | 0.44 |
| Net profit | (0.21) | 4.22 | 3.64 | 1.86 | 3.36 |
| Net profit margin | -0.3% | +6.8% | +6.8% | +4.7% | +7.5% |
| EPS (₹) | (0.12) | 2.73 | 2.73 | 3.13 | 5.68 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 18.13 | 18.13 | 13.32 | 5.90 | 5.90 |
| Reserves & surplus | 37.28 | 37.49 | 11.97 | 12.30 | 10.47 |
| Shareholders' funds (net worth) | 55.41 | 55.62 | 25.29 | 18.20 | 16.37 |
| Secured loans | 14.71 | 11.19 | 28.31 | 26.63 | 11.26 |
| Unsecured loans | 0.46 | 1.27 | 2.47 | 2.60 | 0.99 |
| Total debt | 15.17 | 12.46 | 30.78 | 29.23 | 12.25 |
| Total liabilities | 70.58 | 68.08 | 56.07 | 47.87 | 29.00 |
| Assets | |||||
| Gross block | 61.88 | 60.57 | 60.14 | 56.92 | 30.33 |
| Net block | 39.16 | 40.90 | 43.48 | 42.51 | 17.24 |
| Capital work in progress | 3.68 | 0.00 | 0.00 | 0.00 | 4.02 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 14.04 | 16.10 | 9.10 | 6.33 | 3.05 |
| Sundry debtors | 27.50 | 20.23 | 15.37 | 5.08 | 8.42 |
| Cash & bank balances | 4.04 | 8.61 | 1.47 | 0.01 | 0.01 |
| Loans & advances | 5.70 | 4.24 | 3.62 | 3.16 | 2.95 |
| Total current assets | 51.28 | 49.18 | 29.56 | 14.58 | 14.43 |
| Total current liabilities | 22.05 | 20.03 | 15.35 | 9.00 | 6.42 |
| Net working capital | 29.23 | 29.15 | 14.21 | 5.58 | 8.01 |
| Total assets | 70.58 | 68.08 | 56.07 | 47.87 | 29.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 8.61 | 1.47 | 0.01 | 0.01 | 0.11 |
| Net cash from operating activities | (1.49) | 1.42 | 1.52 | 1.96 | 0.49 |
| Net cash from investing activities | (4.58) | 0.66 | (3.15) | (22.68) | (5.78) |
| Net cash from financing activities | 1.50 | 5.07 | 3.09 | 16.43 | 5.20 |
| Net change in cash | (4.57) | 7.15 | 1.46 | (4.30) | (0.09) |
| Closing cash | 4.04 | 8.61 | 1.47 | 0.01 | 0.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +12.1% | +15.3% | +36.1% | -12.0% | - |
| EBITDA growth | -67.2% | +23.5% | +87.1% | -22.3% | - |
| PBT growth | - | +43.8% | +76.5% | -32.9% | +9997.0% |
| Net income growth | -105.0% | +15.9% | +95.7% | -44.6% | - |
| Revenue CAGR (3Y) | +20.7% | +11.4% | - | - | - |
| EBITDA CAGR (3Y) | -8.9% | +21.5% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | -0.3% | +8.0% | +6.8% | +4.7% | +7.5% |
| Return on capital employed | - | +12.2% | +12.8% | +8.1% | +15.3% |
| Return on net worth | - | +10.4% | +16.7% | +10.7% | +20.5% |
| Debt / equity | - | 0.53 | 1.38 | 1.20 | 0.75 |
| Long-term debt / equity | - | 0.38 | 0.96 | 0.77 | 0.53 |
| Interest cover | 345.71 | 27.60 | 33.08 | 19.00 | 15.01 |
| Efficiency & per share | |||||
| Fixed asset turnover | - | 1.23 | 0.92 | 0.91 | 1.48 |
| Inventory turnover | - | 4.92 | 6.97 | 8.42 | 14.71 |
| Debtors turnover | - | 3.48 | 5.26 | 5.85 | 5.33 |
| EPS (₹) | (0.12) | 2.73 | 2.73 | 3.13 | 5.68 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 30.68 | 18.98 | 30.84 | 27.75 |
To see the full year-wise statements and ratios of Onyx Biotec Limited, buy the company report.
Board of directors of Onyx Biotec Limited
Onyx Biotec has 6 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Kumar | Managing Director | 27 May 2008 | 18 Years 5 Months | Current |
| Harsh Mahajan | Whole-Time Director | 01 Nov 2022 | 4 Years 0 Months | Current |
| Parmjeet Kaur | Director | 01 Dec 2019 | 6 Years 11 Months | Current |
| Vineet Singh | Director | 26 Jul 2024 | 2 Years 3 Months | Current |
| Nitesh Garg | Director | 26 Jul 2024 | 2 Years 3 Months | Current |
| Prince Preet Singh | Director | 26 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Onyx Biotec Limited is compared with the 8 companies closest to it by revenue in the Pharma industry (Formulations), 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 |
|---|---|---|---|---|---|---|
| Onyx Biotec Limitedthis company | ₹69.47 Cr (FY 2026) | -₹21 Lakh | -0.3% | 12.1% | 172 | Solan, Himachal Pradesh, India |
| Sance Laboratories Private Limited | ₹63.45 Cr (FY 2025) | 14.0% | Kottayam, Kerala, India | |||
| Adley Lab Limited | ₹63.38 Cr (FY 2025) | 19.0% | Derabassi, Punjab, India | |||
| Cooper Pharma Limited | ₹63.28 Cr (FY 2024) | -1.0% | Delhi, India | |||
| Althea Pharma Private Limited | ₹63.27 Cr (FY 2024) | 14.0% | Vapi, Gujarat, India | |||
| Thinq Pharma-Cro Limited | ₹62.89 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Preet Remedies Limited | ₹62.83 Cr (FY 2025) | 18.0% | Chandigarh, India | |||
| Sri Gayathri Drugs Private Limited | ₹62.48 Cr (FY 2025) | 15.0% | Hyderabad, Telangana, India | |||
| Shamshree Lifesciences Limited | ₹62.27 Cr (FY 2025) | 10.0% | Chandigarh, India |
To see the full peer comparison of Onyx Biotec Limited, buy the company report.
Auditor
Onyx Biotec Limited is audited by R C A and Co LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R C A and Co LLP | FY 2024 | 541484 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 65.10%, foreign institutional investors hold 1.10%, domestic institutional investors hold 2.40% and retail and other public shareholders hold 31.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 65.10% | 65.10% | 65.10% | 65.10% |
| Public | 34.90% | 34.90% | 34.90% | 34.90% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2026 | 101373704 | Hdfc Bank Limited | ₹22 Lakh | Open | |
| 17 Feb 2026 | 101241036 | Others | ₹22 Lakh | Open | |
| 21 Jan 2025 | 101046735 | Hdfc Bank Limited | ₹29.5 Cr | Open | |
| 31 Jul 2025 | 101153138 | Others | ₹4.5 Cr | Satisfied | |
| 22 Jun 2023 | 100760621 | Others | ₹4.05 Cr | Satisfied |
To see the full charge records of Onyx Biotec Limited, buy the company report.
Total charge records: 25 View all charges
Deals & funding
Onyx Biotec Limited has 1 deal on record (1 ipo); the latest was in November 2024.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2024 | IPO | ₹29.34 Cr | Investors: Acintyo Investment Fund, Invicta Continuum Fund, Kingsman Wealth Fund |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Onyx Biotec Limited has 2 court cases on record: 1 filed by Onyx Biotec, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Solan, Himachal Pradesh | Commercial suit | Filed by the company against Abony Healthcare Limited | Disposed |
| District court, Chandigarh | Commercial suit | Filed against the company by Labour Department | Pending |
To see the full case history of Onyx Biotec 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
Onyx Biotec Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 46 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| A.R. Industries | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Devansh Testing and Research Laboratory Private Limited |
To see the full MSME payment records of Onyx Biotec Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Onyx Biotec Limited has a workforce of 172 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 172 |
| 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 Onyx Biotec Limited, buy the company report.
GST
Onyx Biotec has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAACO8296M1Z1 | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Onyx Biotec Limited, buy the company report.
Recent activity
Onyx Biotec Limited has 20 board changes on record since 2005: 14 appointments and 6 cessations. The latest: Harsh Jhunjhunwala ceased to be Company Secretary on 22 Jan 2025.
64 earlier events are in the company report.
News
Frequently asked questions
Onyx Biotec is an active public limited company based in Solan, Himachal Pradesh, India. The company works in chemical products, within the chemicals industry. It was incorporated on 13 May 2005 (21+ years old) and is registered under CIN L24230HP2005PLC028403. Listed on NSE: ONYX.
Onyx Biotec reported revenue of ₹69.47 Cr for FY 2025-26 (up 12.1% YoY) based on standalone financials.
Onyx Biotec has 6 current directors:
- Naresh Kumar - Managing Director
- Harsh Mahajan - Whole-Time Director
- Parmjeet Kaur - Director
- Vineet Singh - Director
- Nitesh Garg - Director
- Prince Preet Singh - Director
The latest financial statements of Onyx Biotec on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Onyx Biotec is 02AAACO8296M1Z1, registered in Himachal Pradesh.
The CIN (Corporate Identification Number) of Onyx Biotec is L24230HP2005PLC028403. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Onyx Biotec is a listed company as per MCA records. Its shares are listed on NSE (symbol: ONYX).
Onyx Biotec has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Onyx Biotec was incorporated on 13 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
Onyx Biotec has 1 deal on record (1 ipo); the latest was in November 2024.
The peers of Onyx Biotec by revenue are Sance Laboratories Private Limited, Adley Lab Limited, Cooper Pharma Limited, Althea Pharma Private Limited, Thinq Pharma-Cro Limited and 3 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Harsh Jhunjhunwala ceased to be Company Secretary on 22 Jan 2025. Nitesh Garg was appointed as Director on 26 Jul 2024. Prince Preet Singh was appointed as Director on 26 Jul 2024. Onyx Biotec has 20 board changes on record in total.

