MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-03-0000728
Pharmanza Herbal Private Limited - healthcare in Anand, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹163.97 Cr
▲ 33% YoY
Net profit · FY 2025
₹28.79 Cr
Net margin 17.6%
EBITDA · FY 2025
₹43.91 Cr
EBITDA margin 26.8%
Authorised capital
₹4.9 Cr
Registered with MCA
Paid-up capital
₹3.24 Cr
Issued & subscribed
Open charges
₹4.75 Cr
Satisfied ₹4.15 Cr
Company age
22 yrs
Est. 2004
Directors on board
5
As per MCA filings
About Pharmanza Herbal Private Limited
Data last updated:
Pharmanza Herbal Private Limited is a private limited company based in Anand, Gujarat, India. It operates in the ayurvedic products and services segment of the healthcare sector. It was incorporated on 27 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24236GJ2004PTC044806. Its GSTIN is 24AADCP3692H1ZC (Gujarat).
The company has an authorised share capital of ₹4.9 Cr and a paid-up capital of ₹3.24 Cr. It is led by directors including Ashish Surendrabhai Patel and Hardik Ravindrabhai Patel.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 214 Near Vadadla Patiya Borsad – Tarapur Road, Anand, Gujarat, India – 388435.
As per the financials filed for FY 2025, the company reported a revenue of ₹163.97 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹28.79 Cr (net margin 17.6%) and EBITDA of ₹43.91 Cr (EBITDA margin 26.8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 17% over five years.
The company is associated with 2 brands: Pharmanza and Pharmanza Herbal. As per MCA filings, the company has open charges of ₹4.75 Cr and satisfied charges of ₹4.15 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2.04 Cr; the latest was in December 2023. Its 10 peer companies in the Healthcare industry (Ayurvedic Products and Services) are compared by revenue, 5 larger and 5 smaller; the largest is Pharmaceutical Corpn I M Kerala Ltd with revenue of ₹201.26 Cr.
Pharmanza Herbal Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-03-0000728). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pharmanzaherbal.com.
Company Details of Pharmanza Herbal Private Limited
CIN U24236GJ2004PTC044806
Registration Number 044806
Incorporation Date 27 September 2004
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-03-0000728
Key People
Ashish Surendrabhai Patel Director Hardik Ravindrabhai Patel Director Bhupendrabhai Jivabhai Patel Director Recognitions & Rankings of Pharmanza Herbal
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No 214 Near Vadadla Patiya Borsad – Tarapur Road, Anand, Gujarat, India – 388435
- IndustryHealthcare, Ayurvedic Products & Services
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Associated Brands with Pharmanza Herbal Private Limited
Pharmanza Herbal operates two associated brands: Pharmanza and Pharmanza Herbal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces and supplies veterinary drugs, antibiotics, and supplements for animal health. | pharmanza.com | |
| Manufacturing of standardised botanical extracts and formulations for healthcare in India. | pharmanzaherbal.com |
Business Activity of Pharmanza Herbal Private Limited
The main business activity of Pharmanza Herbal 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Pharmanza Herbal Private Limited FY 2025 filings available
Pharmanza Herbal Private Limited reported revenue of ₹163.97 Cr (up 33% YoY) for FY 2025.
Revenue · FY 2025
₹163.97 Cr ▲ 33%
Net profit · FY 2025
₹28.79 Cr margin 17.6%
EBITDA · FY 2025
₹43.91 Cr margin 26.8%
Compounded Annual Growth Rate (CAGR) of Pharmanza Herbal Private Limited
Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 1%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▼ 1%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 33% growth in the latest year. EBITDA rose 23% 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 Pharmanza Herbal Private Limited
| 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 | ₹43.91 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹28.79 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 | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Pharmanza Herbal Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.6% | •••• | •••• | •••• | •••• |
| 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 Pharmanza Herbal are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Pharmanza Herbal Private Limited
Pharmanza Herbal has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Surendrabhai Patel | Director | 27 Sep 2004 | 22 Years 0 Months | Current |
| Hardik Ravindrabhai Patel Also directs: Asn Hotel LLP, Pharmanza (India) Private Limited, Insat Pharma Private Limited and 3 more | Director | 27 Sep 2004 | 22 Years 0 Months | Current |
| Bhupendrabhai Jivabhai Patel Also directs: Pharmanza (India) Private Limited, Ayush Export Promotion Council | Director | 27 Sep 2004 | 22 Years 0 Months | Current |
| Lal Lachhmandas Hingorani Also directs: Pharmanza (India) Private Limited, Insat Pharma Private Limited | Director | 27 Sep 2004 | 22 Years 0 Months | Current |
| Chetnaben Vijaykumar Shah | Director | 06 Dec 2023 | 2 Years 10 Months | Current |
Peer Comparison of Pharmanza Herbal Private Limited
Pharmanza Herbal Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Ayurvedic Products and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pharmaceutical Corpn I M Kerala Ltd | ₹201.26 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Kerala, India |
| Quency Consultancy Pvt Ltd | ₹187.7 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Kolkata, West Bengal, India |
| International Herbal Corporation Private Limited | ₹182.94 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Haridwar, Uttarakhand, India |
| Sanyasi Ayurveda Private Limited | ₹179.73 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | New Delhi, Delhi, India |
| Jovees Herbal Care Private Limited | ₹166.55 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Noida, Uttar Pradesh, India |
| Pharmanza Herbal Private Limited this company | ₹163.97 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Anand, Gujarat, India |
| Indian Medicines Pharmaceutical Corporation Limited | ₹163.68 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Almora, Uttarakhand, India |
| Konark Herbals and Healthcare Private Limited | ₹162.48 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| Add-Shop E-Retail Limited Listed | ₹155.13 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Rajkot, Gujarat, India |
| Vasu Healthcare Private Limited | ₹142.68 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Vadodara, Gujarat, India |
| Kama Ayurveda Private Limited | ₹140.76 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Pharmanza Herbal by revenue in the Healthcare industry (Ayurvedic Products and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Pharmanza Herbal Private Limited
Pharmanza Herbal Private Limited is audited by G. K. CHOKSI & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G. K. CHOKSI & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Pharmanza Herbal Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Pharmanza Herbal Private Limited
Open charges
₹4.75 Cr
Satisfied charges
₹4.15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Nov 2022 | Hdfc Bank Limited | ₹4.75 Cr | Open |
| 19 Jun 2015 | Bank of India | ₹64.75 Lakh | Satisfied |
| 29 Apr 2005 | Bank of India (Alkapuri Branch) | ₹3.5 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Pharmanza Herbal Private Limited
Pharmanza Herbal Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2.04 Cr; the latest was in December 2023.
Total deals
4
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹2.04 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Nov 2009 | Funding round | ₹1.02 Cr | Investors: 4 individuals |
| Mar 2007 | Funding round | ₹1.02 Cr | Investors: 4 individuals |
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Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Pharmanza Herbal Private Limited
Pharmanza Herbal Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed. Status as checked on 04 Oct 2026.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
Cases on record (1 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by Commissioner of Central Excise & Customs, Vadodara - I | Disposed |
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Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Employees and EPFO Compliance at Pharmanza Herbal Private Limited
Employment history and EPFO contributions of people linked to Pharmanza Herbal.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Pharmanza Herbal Private Limited
Pharmanza Herbal Private Limited has 11 board changes on record since 2004: 8 appointments and 3 cessations. The latest: Chetnaben Vijaykumar Shah was appointed as Director on 06 Dec 2023.
AGM
Pharmanza Herbal Private Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records.
Filing
Pharmanza Herbal Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Chetnaben Vijaykumar Shah was appointed as Director.
Ceased
Vijaykumar Champaklal Shah ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.75 Cr with Charge ID 100626225 was registered on 03 Nov 2022.
Ceased
Ravindrabhai Purshottambhai Patel ceased to be Director.
Ceased
Surendra Ratilal Patel ceased to be Whole-Time Director.
Charges
A charge registered on 19 Jun 2015 via Charge ID 10578563 with Bank Of India was fully satisfied on 29 Dec 2016.
Charges
A charge with Bank Of India amounted to Rs. 0.65 Cr with Charge ID 10578563 was registered on 19 Jun 2015.
Charges
A charge registered on 29 Apr 2005 via Charge ID 80003980 with Bank Of India (Alkapuri Branch) was fully satisfied on 24 Jan 2014.
Appointed
Ravindrabhai Purshottambhai Patel was appointed as Director.
Appointed
Surendra Ratilal Patel was appointed as Whole-Time Director.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pharmanza Herbal Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Pharmanza Herbal Private Limited
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Subsidiaries & Group Companies of Pharmanza Herbal Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Pharmanza Herbal Private Limited
Pharmanza Herbal has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCP3692H1ZC | Gujarat | Active | 01 Jul 2017 |
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MCA Filings & Documents of Pharmanza Herbal Private Limited
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MCA filings and documents
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Frequently Asked Questions about Pharmanza Herbal Private Limited
Pharmanza Herbal is an active private limited company based in Anand, Gujarat, India. The company works in ayurvedic products and services, within the healthcare industry. It was incorporated on 27 September 2004 (22+ years old) and is registered under CIN U24236GJ2004PTC044806.
Pharmanza Herbal reported revenue of ₹163.97 Cr for FY 2025 (up 33% YoY).
Pharmanza Herbal has 5 current directors:
- Ashish Surendrabhai Patel - Director
- Hardik Ravindrabhai Patel - Director
- Bhupendrabhai Jivabhai Patel - Director
- Lal Lachhmandas Hingorani - Director
- Chetnaben Vijaykumar Shah - Director
Pharmanza Herbal reported a net profit of ₹28.79 Cr (net margin 17.6%) and EBITDA of ₹43.91 Cr (EBITDA margin 26.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pharmanza Herbal is 1% over three years and 17% over five years. In the latest year (FY 2025) revenue rose 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pharmanza Herbal is 24AADCP3692H1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Pharmanza Herbal is U24236GJ2004PTC044806. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pharmanza Herbal has 3 court cases on record: 3 filed against it.
Pharmanza Herbal was incorporated on 27 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Pharmanza Herbal has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹2.04 Cr; the latest was in December 2023.
The peers of Pharmanza Herbal by revenue are Pharmaceutical Corpn I M Kerala Ltd, Quency Consultancy Pvt Ltd, International Herbal Corporation Private Limited, Sanyasi Ayurveda Private Limited, Jovees Herbal Care Private Limited and 5 more, all in the Healthcare industry (Ayurvedic Products and Services).