DPIIT recognised startup Government of India
Startup India
Parul Pharmaceuticals Private Limited - pharma in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹22.59 Cr
▲ 62% YoY
Net profit · FY 2024
₹95.55 Lakh
Net margin 4.2%
EBITDA · FY 2024
₹1.3 Cr
EBITDA margin 5.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
81
Provident fund records
Directors on board
2
As per MCA filings
About Parul Pharmaceuticals Private Limited
Data last updated:
Parul Pharmaceuticals Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 16 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24230GJ2021PTC120280. Its GSTIN is 24AALCP7857Q1ZE (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Devanshu Jayeshbhai Patel and Parul Savankumar 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 C/O Parul Arogya Seva Mandal B/H Apolo Tyres Po Limda Tal Waghodia, Vadodara, Gujarat, India – 391760.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.59 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹95.55 Lakh (net margin 4.2%) and EBITDA of ₹1.3 Cr (EBITDA margin 5.7%).
The company has about 81 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Parul University.
For more details, the company can be reached via its website paruluniversity.ac.in.
Company details
CIN U24230GJ2021PTC120280
Registration Number 120280
Incorporation Date 16 February 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Parul Pharmaceuticals
Contact details
Parul Pharmaceuticals Private Limited's registered office is in Vadodara, Gujarat. Its website is paruluniversity.ac.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC/O Parul Arogya Seva Mandal B/H Apolo Tyres Po Limda Tal Waghodia, Vadodara, Gujarat, India – 391760
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Parul Pharmaceuticals Private Limited, buy the company report.
Comprehensive company report
Parul Pharmaceuticals 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Parul Pharmaceuticals operates one associated brand: Parul University. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multiple courses and degrees are offered across diversified streams. | paruluniversity.ac.in |
Business activity
The main business activity of Parul 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 Parul Pharmaceuticals Private Limited, buy the company report.
Financials of Parul Pharmaceuticals Private Limited
FY 2025 filings availableParul Pharmaceuticals Private Limited reported revenue of ₹22.59 Cr (up 62% YoY) for FY 2024.
Revenue · FY 2024
₹22.59 Cr ▲ 62%
Net profit · FY 2024
₹95.55 Lakh margin 4.2%
EBITDA · FY 2024
₹1.3 Cr margin 5.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 62%
EBITDA CAGR growth
1 year
▲ 15%
Revenue rose 62% in the latest year. EBITDA rose 15% in the latest 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 |
|---|---|---|---|---|
| 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 | ₹1.3 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹95.55 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.7% | |||
| Net Profit Margin | 4.2% | |||
| 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 Parul Pharmaceuticals Private Limited, buy the company report.
Board of directors of Parul Pharmaceuticals Private Limited
Parul Pharmaceuticals has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devanshu Jayeshbhai Patel | Director | 16 Feb 2021 | 5 Years 8 Months | Current |
| Parul Savankumar Patel | Director | 16 Feb 2021 | 5 Years 8 Months | Current |
Peer comparison
Parul Pharmaceuticals Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (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 |
|---|---|---|---|---|---|---|
| Interface Pharmaceuticals Pvt Ltd | ₹22.92 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Disto Pharmaceuticals Private Limited | ₹22.63 Cr (FY 2024) | -5.0% | Hyderabad, Telangana, India | |||
| Parul Pharmaceuticals Private Limitedthis company | ₹22.59 Cr (FY 2024) | ₹95.55 Lakh | 4.2% | 62.0% | 81 | Vadodara, Gujarat, India |
| Sherrington Pharmaceuticals Private Limited | ₹22.55 Cr (FY 2024) | 3.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Parul Pharmaceuticals Private Limited, buy the company report.
Auditor
Parul Pharmaceuticals Private Limited is audited by AMIN PARIKH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMIN PARIKH & CO | FY 2023 | 100332W |
Shareholding
The shareholding of Parul Pharmaceuticals 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 category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Parul Pharmaceuticals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Parul Pharmaceuticals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Parul Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Parul Pharmaceuticals Private Limited has a workforce of 81 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
81
Active EPFO establishments
1
Employee growth
62%
GST
Parul Pharmaceuticals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCP7857Q1ZE | Gujarat | Active | 11 May 2021 |
To see the full GST registrations and return filing status of Parul Pharmaceuticals Private Limited, buy the company report.
Recent activity
Parul Pharmaceuticals Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Devanshu Jayeshbhai Patel was appointed as Director on 16 Feb 2021.
AGM
Parul Pharmaceuticals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Parul Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Devanshu Jayeshbhai Patel was appointed as Director.
Appointed
Parul Savankumar Patel was appointed as Director.
Incorporation
16 Feb 2021
Parul Pharmaceuticals Private Limited was registered on 16 Feb 2021 with Roc Ahmedabad & aged 5 years 8 months as per MCA records.
News
Frequently asked questions
Parul Pharmaceuticals is an active private limited company based in Vadodara, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 16 February 2021 (5+ years old) and is registered under CIN U24230GJ2021PTC120280.
Parul Pharmaceuticals has 2 current directors:
- Devanshu Jayeshbhai Patel - Director
- Parul Savankumar Patel - Director
The latest financial statements of Parul Pharmaceuticals 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 2021 are in the company report.
The GSTIN of Parul Pharmaceuticals is 24AALCP7857Q1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Parul Pharmaceuticals is U24230GJ2021PTC120280. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parul Pharmaceuticals was incorporated on 16 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Parul Pharmaceuticals by revenue are Interface Pharmaceuticals Pvt Ltd, Disto Pharmaceuticals Private Limited, Sherrington Pharmaceuticals Private Limited, all in the Pharma industry (Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Devanshu Jayeshbhai Patel was appointed as Director on 16 Feb 2021. Parul Savankumar Patel was appointed as Director on 16 Feb 2021.
Yes, Parul Pharmaceuticals is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Parul Pharmaceuticals can be reached through the website paruluniversity.ac.in. Its registered office is in Vadodara, Gujarat, India.
The registered office of Parul Pharmaceuticals is at CO Parul Arogya Seva Mandal BH Apolo Tyres Po Limda Tal Waghodia, Vadodara, Gujarat, India – 391760.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages