Pagnism Innovations Private Limited

Pagnism Innovations Private Limited - life sciences in Sangli, Maharashtra, India. FY 2026 financials & compliance.
CIN U73100PN2020PTC189632 Incorporated 04 February 2020 ROC Pune HQ Sangli, Maharashtra, India
Active Private Limited Company life sciences DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2025
₹3.97 Cr
▲ 49% YoY
Net profit · FY 2025
₹32.59 Lakh
Net margin 8.2%
EBITDA · FY 2025
₹70.29 Lakh
EBITDA margin 17.7%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹10.1 Lakh
Issued & subscribed
Open charges
₹3.84 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
5
As per MCA filings

About Pagnism Innovations Private Limited

Data last updated:

Pagnism Innovations Private Limited is a private limited company based in Sangli, Maharashtra, India, recognised as a startup by DPIIT. It operates in the biotechnology segment of the life sciences sector. It was incorporated on 04 February 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U73100PN2020PTC189632. Its GSTIN is 27AALCP0344A1ZT (Maharashtra).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10.1 Lakh. It is led by directors including Mahesh Shrikant Pagnis (Whole-Time Director) and Mrunal Mahesh Pagnis.

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 C/O Mahesh Pagnis 'Gangai' S No 304/19 Near Gajanan Colony Shinde Mala, Sangli, Maharashtra, India – 416416.

As per the financials filed for FY 2025, the company reported a revenue of ₹3.97 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹32.59 Lakh (net margin 8.2%) and EBITDA of ₹70.29 Lakh (EBITDA margin 17.7%). Revenue has grown at a compounded annual rate (CAGR) of 405% over three years.

The company is associated with 1 brand: Pagnism Innovations. As per MCA filings, the company has open charges of ₹3.84 Cr on record.

Pagnism Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-29-0013368). For more details, the company can be reached via its website pagnism.com.

Company details

CIN U73100PN2020PTC189632
Registration Number 189632
Incorporation Date 04 February 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-29-0013368
Key People
Mahesh Shrikant Pagnis Whole-Time Director Mrunal Mahesh Pagnis Director Sanjivani Kedar Apte Director

Recognitions & Rankings of Pagnism Innovations

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-29-0013368

Contact details

Pagnism Innovations Private Limited's registered office is in Sangli, Maharashtra. Its website is pagnism.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    pagnism.com
  • Social Media
  • Registered Address
    C/O Mahesh Pagnis 'Gangai' S No 304/19 Near Gajanan Colony Shinde Mala, Sangli, Maharashtra, India – 416416
  • Industry
    Life Sciences, Biotechnology

To see the full contact details of Pagnism Innovations Private Limited, buy the company report.

Comprehensive company report
Pagnism Innovations 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

Pagnism Innovations operates one associated brand: Pagnism Innovations. Each brand links to its own profile.

BrandDescriptionWebsite
Pagnism Innovations
Pyrolysis technology and renewable fuels services in India.pagnism.com

Business activity

The main business activity of Pagnism Innovations is professional, scientific and technical activities. In detail, this covers scientific research and development.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, scientific and technical activities72Scientific research and development

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

Financials of Pagnism Innovations Private Limited

FY 2025 filings available

Pagnism Innovations Private Limited reported revenue of ₹3.97 Cr (up 49% YoY) for FY 2025.

Revenue · FY 2025
₹3.97 Cr ▲ 49%
Net profit · FY 2025
₹32.59 Lakh margin 8.2%
EBITDA · FY 2025
₹70.29 Lakh margin 17.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 405%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 60%

Revenue has grown at a compounded annual rate (CAGR) of 405% over three years, including 49% growth in the latest year. EBITDA rose 26% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹70.29 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹32.59 Lakh
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin17.7%
Net Profit Margin8.2%
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 Pagnism Innovations Private Limited, buy the company report.

Board of directors of Pagnism Innovations Private Limited

Pagnism Innovations has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mrunal Mahesh PagnisDirector04 Feb 20206 Years 9 MonthsCurrent
Mahesh Shrikant Pagnis
Also directs: Sanmahe Extracts LLP, Pagnism Bio Hydrocarbon Private Limited
Whole-Time Director04 Feb 20206 Years 9 MonthsCurrent
Sanjivani Kedar Apte
Also directs: Sanmahe Extracts LLP
Director03 Apr 20215 Years 7 MonthsCurrent
Manish Ashok KulkarniDirector12 Dec 20223 Years 10 MonthsCurrent
Aditya Sanjay Awate
Also directs: Pagnism Bio Hydrocarbon Private Limited, Carbha Ecotech Private Limited, Ecomatrix Global Private Limited and 1 more
Director18 Sep 20233 Years 1 MonthsCurrent
View all directors

Auditor

Pagnism Innovations Private Limited is audited by Ketan H Shah And Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Ketan H Shah And AssociatesFY 2023137854W

Shareholding

The shareholding of Pagnism Innovations Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Pagnism Innovations Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.84 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹3.84 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Aug 2024100978622Others₹3.84 CrOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Pagnism Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Pagnism Innovations has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AALCP0344A1ZTMaharashtraActive31 Jul 2020

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

Recent activity

Pagnism Innovations Private Limited has 7 board changes on record since 2020: 6 appointments and 1 cessation. The latest: Uday Krishnarao Mithari ceased to be Director on 18 Jan 2024.

AGM
Pagnism Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pagnism Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others amounted to Rs. 384.00 Lakh with Charge ID 100978622 was registered on 23 Aug 2024.
Ceased
Uday Krishnarao Mithari ceased to be Director.
Appointed
Aditya Sanjay Awate was appointed as Director.
Appointed
Manish Ashok Kulkarni was appointed as Director.
Appointed
Uday Krishnarao Mithari was appointed as Director.
Appointed
Sanjivani Kedar Apte was appointed as Director.
Appointed
Mahesh Shrikant Pagnis was appointed as Whole-Time Director.
Appointed
Mrunal Mahesh Pagnis was appointed as Director.
Incorporation
04 Feb 2020
Pagnism Innovations Private Limited was registered on 04 Feb 2020 with Roc Pune & aged 6 years 9 months as per MCA records.

Frequently asked questions

Pagnism Innovations is an active private limited company based in Sangli, Maharashtra, India. The company works in biotechnology, within the life sciences industry. It was incorporated on 04 February 2020 (6+ years old) and is registered under CIN U73100PN2020PTC189632.

Pagnism Innovations has 5 current directors:

The latest financial statements of Pagnism Innovations 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 FY 2020 are in the company report.

The GSTIN of Pagnism Innovations is 27AALCP0344A1ZT, registered in Maharashtra.

The CIN (Corporate Identification Number) of Pagnism Innovations is U73100PN2020PTC189632. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Pagnism Innovations was incorporated on 04 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.

Uday Krishnarao Mithari ceased to be Director on 18 Jan 2024. Aditya Sanjay Awate was appointed as Director on 18 Sep 2023. Manish Ashok Kulkarni was appointed as Director on 12 Dec 2022. Pagnism Innovations has 7 board changes on record in total.

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

Yes, Pagnism Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-29-0013368).

Pagnism Innovations can be reached through the website pagnism.com. Its registered office is in Sangli, Maharashtra, India.