MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0003373
Pab Organics Private Limited - pharma in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹90.32 Cr
▲ 11% YoY
Net profit · FY 2025
₹5.65 Cr
Net margin 6.3%
EBITDA · FY 2025
₹9.2 Cr
EBITDA margin 10.2%
Authorised capital
₹1.7 Cr
Registered with MCA
Paid-up capital
₹1.69 Cr
Issued & subscribed
Open charges
₹32.47 Cr
Satisfied ₹52.88 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
108
Provident fund records
About Pab Organics Private Limited
Data last updated:
Pab Organics Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 21 February 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24119GJ2000PTC037397. Its GSTIN is 24AABCP8169R1ZN (Gujarat).
The company has an authorised share capital of ₹1.7 Cr and a paid-up capital of ₹1.69 Cr. It is led by directors Pankaj Vishwanath Maheshwary (Managing Director) and Alok Vishwanath Maheshwary.
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 904 – 905 Atlantis Heights Dr. Vikram Sarabhai Marg Vadi Wadi, Vadodara, Gujarat, India – 390023.
As per the financials filed for FY 2025, the company reported a revenue of ₹90.32 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹5.65 Cr (net margin 6.3%) and EBITDA of ₹9.2 Cr (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company has about 108 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: PAB Organics. As per MCA filings, the company has open charges of ₹32.47 Cr and satisfied charges of ₹52.88 Cr on record. Court records list 17 cases involving the company, including 4 filed by the company and 13 filed against it; 1 case is pending. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2014. Its 8 peer companies in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 5 smaller; the largest is Gennex Laboratories Limited with revenue of ₹91.62 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 1,083 overdue payments to 77 micro and small suppliers.
Pab Organics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0003373). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paborganics.com.
Company details
CIN U24119GJ2000PTC037397
Registration Number 037397
Incorporation Date 21 February 2000
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-24-0003373
Recognitions & Rankings of Pab Organics
Contact details
Pab Organics Private Limited's registered office is in Vadodara, Gujarat. Its website is paborganics.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address904 – 905 Atlantis Heights Dr. Vikram Sarabhai Marg Vadi Wadi, Vadodara, Gujarat, India – 390023
- IndustryPharma, API Manufacturers
To see the full contact details of Pab Organics Private Limited, buy the company report.
Comprehensive company report
Pab Organics 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
Pab Organics operates one associated brand: PAB Organics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures pharmaceutical intermediates and fine chemicals for global supply chains. | paborganics.com |
Business activity
The main business activity of Pab Organics 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 Pab Organics Private Limited, buy the company report.
Financials of Pab Organics Private Limited
FY 2025 filings availablePab Organics Private Limited reported revenue of ₹90.32 Cr (up 11% YoY) for FY 2025.
Revenue · FY 2025
₹90.32 Cr ▲ 11%
Net profit · FY 2025
₹5.65 Cr margin 6.3%
EBITDA · FY 2025
₹9.2 Cr margin 10.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 2%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 226%
3 years · compounded
▲ 34%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 11% growth in the latest year. EBITDA rose 226% 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 | ₹9.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.65 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | ||||
| Net Profit Margin | 6.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Pab Organics Private Limited, buy the company report.
Board of directors of Pab Organics Private Limited
Pab Organics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Vishwanath Maheshwary Also directs: Gujarat Sulphites Limited | Director | 21 Feb 2000 | 26 Years 8 Months | Current |
| Pankaj Vishwanath Maheshwary Also directs: Gujarat Sulphites Limited | Managing Director | 21 Feb 2000 | 26 Years 8 Months | Current |
Peer comparison
Pab Organics Private Limited is compared with the 8 companies closest to it by revenue in the Pharma industry (API Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Gennex Laboratories Limited | ₹91.62 Cr (FY 2024) | 32.0% | Medak, Telangana, India | |||
| Brichem Sciences Private Limited | ₹91.35 Cr (FY 2025) | 16.0% | Ahmedabad, Gujarat, India | |||
| Modepro (India) Pvt Ltd | ₹91.12 Cr (FY 2025) | -14.0% | Mumbai, Maharashtra, India | |||
| Pab Organics Private Limitedthis company | ₹90.32 Cr (FY 2025) | ₹5.65 Cr | 6.3% | 11.0% | 108 | Vadodara, Gujarat, India |
| Verdant Life Sciences Private Limited | ₹89.48 Cr (FY 2025) | 6.0% | Andhra Pradesh, India | |||
| Medilux Laboratories Pvt Ltd | ₹89.42 Cr (FY 2018) | -2.0% | Indore, Madhya Pradesh, India | |||
| Tagoor Chemicals Private Limited | ₹88.93 Cr (FY 2021) | 15.0% | Hyderabad, Telangana, India | |||
| Vihita Chem Pvt Ltd | ₹88.27 Cr (FY 2023) | -23.0% | Bharuch, Gujarat, India | |||
| Adani Pharmachem Private Limited | ₹85.78 Cr (FY 2025) | 13.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Pab Organics Private Limited, buy the company report.
Auditor
Pab Organics Private Limited is audited by O.P.Rathi & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O.P.Rathi & Co | FY 2023 | 108718W |
Shareholding
The shareholding of Pab Organics 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 Pab Organics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹32.47 Cr
Satisfied charges
₹52.88 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2022 | 100557309 | Others | ₹1.74 Cr | Open | |
| 24 Feb 2021 | 100431509 | Others | ₹27.25 Cr | Open | |
| 24 Feb 2021 | 100431482 | Others | ₹3.48 Cr | Open | |
| 16 Oct 2000 | 80042107 | Others | ₹26.44 Cr | Satisfied | |
| 19 Jul 2000 | 80042106 | Others | ₹26.44 Cr | Satisfied |
To see the full charge records of Pab Organics Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Pab Organics Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2014.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Basant Maheshwary Huf |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: Basant Maheshwary Huf, 3 individuals Seller: Jay Gopal Fiscal Services Pvt Ltd , 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pab Organics Private Limited has 17 court cases on record: 4 filed by Pab Organics, 13 filed against it. 1 case is pending and 16 are disposed.
Total cases
17
Filed by the company
4
Filed against the company
13
Pending
1
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 13 | 1 |
| High courts | 2 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Hyderabad | Insolvency matter | Filed by the company against Kopalle Pharma Chemicals Private Limited | Disposed |
| District court, Vadodara, Gujarat | Court case (RECO33C2 LC) | Filed against the company by an individual | Pending |
| District court, Vadodara, Gujarat | Interim or miscellaneous application | Filed against the company by M.S.Sengar C/O P.A.B Organics Pvt Ltd | Disposed |
| District court, Vadodara, Gujarat | Court case (RECO33C1 LC) | Filed against the company by an individual | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Kopalle Pharma Chwmicals Pvt Ltd and 1 other | Disposed |
To see the full case history of Pab Organics 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.
Credit ratings & regulatory alerts
Pab Organics Private Limited was last rated by Care on 06 Mar 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Mar 2023 |
To see the full credit ratings and regulatory alerts of Pab Organics Private Limited, buy the company report.
MSME payment delays
Pab Organics Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 1,083 overdue payments to 77 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 77)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jodhpur Lime Industries | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Pab Organics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Pab Organics Private Limited has a workforce of 108 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
108
Active EPFO establishments
1
Employee growth
-1.82%
GST
Pab Organics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCP8169R1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pab Organics Private Limited, buy the company report.
Recent activity
Pab Organics Private Limited has 3 board changes on record since 2000: 2 appointments and 1 cessation. The latest: Narendrabhai Chandubhai Patel ceased to be Director on 31 May 2020.
Charges
A charge with Others of Rs. 27.25 Cr registered on 24 Feb 2021 with Charge ID 100431509 was modified on 07 Nov 2025.
AGM
Pab Organics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pab Organics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 1.74 Cr with Charge ID 100557309 was registered on 25 Mar 2022.
Charges
A charge with Others of Rs. 3.48 Cr registered on 24 Feb 2021 with Charge ID 100431482 was modified on 22 Sep 2021.
Charges
A charge registered on 16 Oct 2000 via Charge ID 80042107 with Others was fully satisfied on 26 Jul 2021.
Charges
A charge registered on 19 Jul 2000 via Charge ID 80042106 with Others was fully satisfied on 26 Jul 2021.
Charges
A charge with Others amounted to Rs. 3.48 Cr with Charge ID 100431482 was registered on 24 Feb 2021.
Charges
A charge with Others amounted to Rs. 27.25 Cr with Charge ID 100431509 was registered on 24 Feb 2021.
Ceased
Narendrabhai Chandubhai Patel ceased to be Director.
Charges
A charge with Others of Rs. 26.44 Cr registered on 16 Oct 2000 with Charge ID 80042107 was modified on 03 Apr 2018.
Charges
A charge with Others of Rs. 26.44 Cr registered on 19 Jul 2000 with Charge ID 80042106 was modified on 22 Mar 2018.
5 earlier events are in the company report.
Frequently asked questions
Pab Organics is an active private limited company based in Vadodara, Gujarat, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 21 February 2000 (26+ years old) and is registered under CIN U24119GJ2000PTC037397.
Pab Organics has 2 current directors:
- Pankaj Vishwanath Maheshwary - Managing Director
- Alok Vishwanath Maheshwary - Director
The latest financial statements of Pab Organics 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 Pab Organics is 24AABCP8169R1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Pab Organics is U24119GJ2000PTC037397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pab Organics has 17 court cases on record: 4 filed by the company and 13 filed against it. 1 is pending. Most are in the district courts.
Pab Organics was incorporated on 21 February 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Pab Organics has 3 deals on record (3 secondary share transfers); the latest was in March 2014.
The peers of Pab Organics by revenue are Gennex Laboratories Limited, Brichem Sciences Private Limited, Modepro (India) Pvt Ltd, Verdant Life Sciences Private Limited, Medilux Laboratories Pvt Ltd and 3 more, all in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Narendrabhai Chandubhai Patel ceased to be Director on 31 May 2020. Alok Vishwanath Maheshwary was appointed as Director on 21 Feb 2000. Pankaj Vishwanath Maheshwary was appointed as Managing Director on 21 Feb 2000.
Yes, Pab Organics is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0003373).
Pab Organics has 11 MSME Form 1 returns on record between 2019 and 2023, listing 1,083 overdue payments to 77 micro and small suppliers. The latest return was filed on 02 May 2024.
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