- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0024285

About Ornate Pharma Pvt Ltd
Data last updated:
Ornate Pharma Pvt Ltd is a private limited company based in Sanand, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 03 November 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1988PTC011476. Its GSTIN is 24AAACO2255L1ZI (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Ankit Jayantibhai Patel and Akash Dharmendrakumar Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pushkar Industrial And Logistic Park, Sanand, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.07 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹1.63 Cr (net margin 151.7%) and EBITDA of ₹1.63 Cr (EBITDA margin 152%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 11% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ornate Pharma. As per MCA filings, the company has satisfied charges of ₹76.89 Lakh on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it.
Ornate Pharma Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0024285). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ornatepharma.com.
Company details
Recognitions & Rankings of Ornate Pharma
Contact details
Ornate Pharma Pvt Ltd's registered office is in Sanand, Gujarat. Its website is ornatepharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShed No 92 Block No – E, Pushkar Industrial And Logistic Park Nr.Satyam Mall Sarkhej – Bavla Road, Sanand, Gujarat, India – 382213
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Ornate Pharma 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
Brands
Ornate Pharma operates one associated brand: Ornate Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies pharmaceutical drugs, nutritional supplements, and contract services. | ornatepharma.com |
Business activity
The main business activity of Ornate Pharma 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 Ornate Pharma Pvt Ltd, buy the company report.
Financials of Ornate Pharma Pvt Ltd
FY 2025 filings availableOrnate Pharma Pvt Ltd reported revenue of ₹1.07 Cr (down 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 47% fall 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.63 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 | 152% | ||||
| Net Profit Margin | 151.7% | ||||
| 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 Ornate Pharma Pvt Ltd, buy the company report.
Board of directors of Ornate Pharma Pvt Ltd
Ornate Pharma has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Jayantibhai Patel Also directs: Promact Plastics Limited, Prabhu Ispat Private Limited | Director | 06 Feb 2018 | 8 Years 8 Months | Current |
| Akash Dharmendrakumar Patel Also directs: Promact Plastics Limited | Director | 08 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Ornate Pharma Pvt Ltd is audited by Fenil P Shah and Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Fenil P Shah and Associates | FY 2024 | 143571W |
Shareholding
The shareholding of Ornate Pharma Pvt Ltd is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ornate Pharma Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2020 | 100402774 | Hdfc Bank Limited | ₹50 Lakh | Satisfied | |
| 19 Mar 1996 | 90098370 | The Social Co-Op. Bank Ltd. | ₹9 Lakh | Satisfied | |
| 20 Dec 1995 | 90100439 | The Social Co-Op Bank Ltd. | ₹36,000 | Satisfied | |
| 21 Nov 1990 | 90097442 | Gujrat State Financial Corportion | ₹17.53 Lakh | Satisfied |
To see the full charge records of Ornate Pharma Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
Ornate Pharma Pvt Ltd has 6 court cases on record: 1 filed by Ornate Pharma, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 5 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (AO) | Filed against the company by Neon Laboratories Limited | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by Neon Laboratories Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Neon Laboratories Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Neon Laboratories Limited | Disposed |
To see the full case history of Ornate Pharma 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
Ornate Pharma Pvt Ltd has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 25 overdue payments to 12 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 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Swastik Print Pack | |||
| Aban Pharmacuticals | |||
| Nikol Formulation Private Limited | |||
| Parishil Laboratories Private Limited |
To see the full MSME payment records of Ornate Pharma Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ornate Pharma Pvt Ltd has a workforce of 3 employees on its EPFO records as of Mar 10, 2025, across 1 active EPFO establishment.
GST
Ornate Pharma has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACO2255L1ZI | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ornate Pharma Pvt Ltd, buy the company report.
Recent activity
Ornate Pharma Pvt Ltd has 9 board changes on record since 2013: 2 appointments and 7 cessations. The latest: Heli Ankit Patel ceased to be Director on 16 Dec 2021.
8 earlier events are in the company report.
Frequently asked questions
Ornate Pharma is an active private limited company based in Sanand, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 03 November 1988 (38+ years old) and is registered under CIN U24231GJ1988PTC011476.
Ornate Pharma has 2 current directors:
- Ankit Jayantibhai Patel - Director
- Akash Dharmendrakumar Patel - Director
The latest financial statements of Ornate Pharma on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ornate Pharma is 24AAACO2255L1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Ornate Pharma is U24231GJ1988PTC011476. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ornate Pharma has 6 court cases on record: 1 filed by the company and 5 filed against it. Most are in the high courts.
Ornate Pharma was incorporated on 03 November 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Heli Ankit Patel ceased to be Director on 16 Dec 2021. Shreya Akash Patel ceased to be Director on 16 Dec 2021. Bipinbhai Jayantilal Shah ceased to be Managing Director on 30 Nov 2018. Ornate Pharma has 9 board changes on record in total.
Yes, Ornate Pharma is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0024285).
Ornate Pharma has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 25 overdue payments to 12 micro and small suppliers. The latest return was filed on 01 May 2024.
Ornate Pharma can be reached through the website ornatepharma.com. Its registered office is in Sanand, Gujarat, India.

