About Pharmanova Specialties Private Limited
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Pharmanova Specialties Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Maneesh Pharmaceuticals Limited. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 31 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24233MH2014PTC252718. Its GSTIN is 27AAHCP5654P1ZN (Maharashtra).
The company has an authorised share capital of ₹5.75 Cr and a paid-up capital of ₹5.18 Cr. It is led by directors including Maneesh Ramakant Sapte and Prasenjit Ajit Mukherjee.
Its last annual general meeting (AGM) was held on 11 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No. 29 – 33 Ancillary Industrial Area Deonar Govandi, Mumbai, Maharashtra, India – 400043.
As per the financials filed for FY 2023, the company reported a revenue of ₹25.7 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹23.95 Lakh (net margin -0.9%) and EBITDA of -₹6.6 Lakh (EBITDA margin -0.3%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 11% over five years.
The company has about 299 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pharmanova Specialties. As per MCA filings, the company has satisfied charges of ₹7.15 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pharmanovaspecialties.com.
Company details
Contact details
Pharmanova Specialties Private Limited's registered office is in Mumbai, Maharashtra. Its website is pharmanovaspecialties.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 29 – 33 Ancillary Industrial Area Deonar Govandi, Mumbai, Maharashtra, India – 400043
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Pharmanova Specialties Private Limited, 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
Pharmanova Specialties operates one associated brand: Pharmanova Specialties. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specializes in developing and commercializing innovative pharmaceutical medicines. | pharmanovaspecialties.com |
Business activity
The main business activity of Pharmanova Specialties 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 Pharmanova Specialties Private Limited, buy the company report.
Financials of Pharmanova Specialties Private Limited
FY 2023 filings availablePharmanova Specialties Private Limited reported revenue of ₹25.7 Cr (up 13% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA fell 107% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹25.7 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹23.95 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Pharmanova Specialties Private Limited, buy the company report.
Board of directors of Pharmanova Specialties Private Limited
Pharmanova Specialties has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maneesh Ramakant Sapte | Director | 20 Aug 2019 | 7 Years 2 Months | Current |
| Prasenjit Ajit Mukherjee | Director | 24 Oct 2019 | 7 Years 0 Months | Current |
| Vinay Ramakant Sapte | Director | 20 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Pharmanova Specialties Private Limited is compared with the 5 companies closest to it by revenue in the Pharma industry (Formulations), 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 |
|---|---|---|---|---|---|---|
| SVK Laboratories Private Limited | ₹25.79 Cr (FY 2025) | 37.0% | Hyderabad, Telangana, India | |||
| Ever Health Life Sciences Private Limited | ₹25.78 Cr (FY 2022) | -38.0% | Vijayawada, Andhra Pradesh, India | |||
| Pharmanova Specialties Private Limitedthis company | ₹25.7 Cr (FY 2023) | -₹23.95 Lakh | -0.9% | 13.0% | 299 | Mumbai, Maharashtra, India |
| Jineka Healthcare Private Limited | ₹25.65 Cr (FY 2025) | -3.0% | Haridwar, Uttarakhand, India | |||
| Link Pharmachem Limited | ₹25.62 Cr (FY 2025) | -16.0% | Vadodara, Gujarat, India | |||
| Molclone Labs Private Limited | ₹25.57 Cr (FY 2025) | 12.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Pharmanova Specialties Private Limited, buy the company report.
Auditor
Pharmanova Specialties Private Limited is audited by GYANESHWAR KATARAM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GYANESHWAR KATARAM & ASSOCIATES | FY 2023 | 124286W |
Shareholding
The shareholding of Pharmanova Specialties 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pharmanova Specialties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2015 | 10586673 | Others | ₹7.15 Cr | Satisfied |
To see the full charge records of Pharmanova Specialties Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Pharmanova Specialties 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
Pharmanova Specialties Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 211 overdue payments to 31 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 31)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Design World Creations | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Pharmanova Specialties Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Pharmanova Specialties Private Limited has a workforce of 299 employees on its EPFO records as of Jan 26, 2025, across 1 active EPFO establishment.
GST
Pharmanova Specialties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCP5654P1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pharmanova Specialties Private Limited, buy the company report.
Recent activity
Pharmanova Specialties Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Prasenjit Ajit Mukherjee was appointed as Director on 24 Oct 2019.
Frequently asked questions
Pharmanova Specialties is an active private limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 31 January 2014 (12+ years old) and is registered under CIN U24233MH2014PTC252718.
Pharmanova Specialties has 3 current directors:
- Maneesh Ramakant Sapte - Director
- Prasenjit Ajit Mukherjee - Director
- Vinay Ramakant Sapte - Director
The latest financial statements of Pharmanova Specialties on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 11 July 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Pharmanova Specialties is 27AAHCP5654P1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pharmanova Specialties is U24233MH2014PTC252718. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pharmanova Specialties was incorporated on 31 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pharmanova Specialties by revenue are SVK Laboratories Private Limited, Ever Health Life Sciences Private Limited, Jineka Healthcare Private Limited, Link Pharmachem Limited, Molclone Labs Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Prasenjit Ajit Mukherjee was appointed as Director on 24 Oct 2019. Hardik Kamlesh Shah ceased to be Director on 20 Aug 2019. Jigar Kamlesh Shah ceased to be Director on 20 Aug 2019. Pharmanova Specialties has 6 board changes on record in total.
Pharmanova Specialties has 10 MSME Form 1 returns on record between 2019 and 2023, listing 211 overdue payments to 31 micro and small suppliers. The latest return was filed on 08 Dec 2023.
Pharmanova Specialties can be reached through the website pharmanovaspecialties.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Pharmanova Specialties is at Plot No. 29 – 33 Ancillary Industrial Area Deonar Govandi, Mumbai, Maharashtra, India – 400043.
Pharmanova Specialties operates in the pharma industry, in the drug formulation and development segment.