About Pharmagrowth Solutions Private Limited
Data last updated:
Pharmagrowth Solutions Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the online healthcare product retail segment of the e-commerce sector. It was incorporated on 29 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72200MP2020PTC052551. Its GSTIN is 23AALCP3728L1Z4 (Madhya Pradesh).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.11 Lakh. It is led by directors including Anmol Sureka and Sajal Jain.
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 Ag – 50 Scheme No. 54 Vijay Nagar, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.17 Cr, a growth of 81% compared to the previous year. For the same year it recorded a net loss of ₹1.2 Cr (net margin -11.8%) and EBITDA of -₹1.08 Cr (EBITDA margin -10.7%).
The company is associated with 1 brand: PharmaGrowth.
For more details, the company can be reached via its website pharmagrowth.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressAg – 50 Scheme No. 54 Vijay Nagar, Indore, Madhya Pradesh, India – 452010
- IndustryE-Commerce, Online Healthcare Product Retail
- 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
- One PDF report, delivered after checkout
Associated Brands with Pharmagrowth Solutions Private Limited
Pharmagrowth Solutions operates one associated brand: PharmaGrowth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based software for end-to-end pharmacy management is provided. | pharmagrowth.in |
Competitors & Alternatives of Pharmagrowth Solutions Private Limited
Brands and companies operating in the same space as Pharmagrowth Solutions Private Limited include mPharma, Scripta Insights, KareXpert and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 mPharma | Provider of pharmacy management services and software for stock management for patients and pharmacies | Accra, Ghana | 2013 |
 Scripta Insights | AI-driven pharmacy benefit management software is provided for pharmacies. | Wellesley, United States | 2019 |
 KareXpert | Cloud-based software suite for healthcare providers is offered. | Gurugram, India | 2014 |
 Pharmarack | SaaS-based pharmacy management solutions are offered to retailers and distributors. | Pune, India | 2015 |
 Xevant | A SaaS-based platform for pharmacy benefit management is provided. | Draper, United States | 2017 |
 UpHealth | Administrative and pharmacy management software is provided for healthcare. | North Salt Lake, United States | 2019 |
 Healthwire | Online doctor appointments and practice management software are facilitated. | Lahore, Pakistan | 2014 |
 ProxsysRx | Pharmacy outsourcing and optimization services for hospitals are provided. | Birmingham, United States | 2013 |
 Rx30 Pharmacy Software | Pharmacy management software and integrated solutions are provided. | Orlando, United States | 1977 |
 OmniSYS | Offers medical billing services for pharmacies and manages business policies and relationships. | Dallas, United States | 1997 |
Business Activity of Pharmagrowth Solutions Private Limited
The main business activity of Pharmagrowth Solutions is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Pharmagrowth Solutions Private Limited
Pharmagrowth Solutions Private Limited is audited by SHREYANS NAHAR & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHREYANS NAHAR & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Pharmagrowth Solutions Private Limited
Pharmagrowth Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anmol Sureka | Director | 29 Aug 2020 | 6 Years 1 Months | Current |
| Sajal Jain | Director | 29 Aug 2020 | 6 Years 1 Months | Current |
| Deepali Jain | Director | 13 Sep 2021 | 5 Years 0 Months | Current |
Financials of Pharmagrowth Solutions Private Limited FY 2025 filings available
Pharmagrowth Solutions Private Limited reported revenue of ₹10.17 Cr (up 81% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Pharmagrowth Solutions Private Limited
Revenue rose 81% in the latest year. EBITDA fell 63% 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 of Pharmagrowth Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.08 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.2 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 | •••• | •••• | •••• | •••• |
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Financial Ratios of Pharmagrowth Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -10.7% | •••• | •••• | •••• |
| Net Profit Margin | -11.8% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Pharmagrowth Solutions are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Pharmagrowth Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Pharmagrowth Solutions Private Limited
Pharmagrowth Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Pharmagrowth Solutions Private Limited
Pharmagrowth Solutions Private Limited has a workforce of 0 employees as of Mar 28, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Pharmagrowth Solutions Private Limited
Pharmagrowth Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AALCP3728L1Z4 | Madhya Pradesh | Active | 24 Mar 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Pharmagrowth Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Pharmagrowth Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Pharmagrowth Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Pharmagrowth Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Pharmagrowth Solutions Private Limited
Frequently Asked Questions about Pharmagrowth Solutions Private Limited
Pharmagrowth Solutions is an active private limited company based in Indore, Madhya Pradesh, India. The company works in online healthcare product retail, within the e-commerce industry. It was incorporated on 29 August 2020 (6+ years old) and is registered under CIN U72200MP2020PTC052551.
Pharmagrowth Solutions reported revenue of ₹10.17 Cr for FY 2024 (up 81% YoY).
Pharmagrowth Solutions has 3 current directors:
- Anmol Sureka - Director
- Sajal Jain - Director
- Deepali Jain - Director
Pharmagrowth Solutions reported a net loss of ₹1.2 Cr (net margin -11.8%) and EBITDA of -₹1.08 Cr (EBITDA margin -10.7%) for FY 2024, as per its filed financial statements.
The GSTIN of Pharmagrowth Solutions is 23AALCP3728L1Z4, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Pharmagrowth Solutions is U72200MP2020PTC052551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pharmagrowth Solutions was incorporated on 29 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Gwalior.
Yes, Pharmagrowth Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Pharmagrowth Solutions can be reached through the website pharmagrowth.in. Its registered office is in Indore, Madhya Pradesh, India.