MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0112727
Pharmarack Technologies Private Limited - healthcare in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹45.34 Cr
▲ 19% YoY
Net loss · FY 2024
₹119.88 Cr
Net margin -264.4%
EBITDA · FY 2024
-₹117.73 Cr
EBITDA margin -259.7%
Authorised capital
₹11 Lakh
Registered with MCA
Paid-up capital
₹5.13 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
557
Provident fund records
Directors on board
4
As per MCA filings
About Pharmarack Technologies Private Limited
Data last updated:
Pharmarack Technologies Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Aarogya Bharat Digital Llp. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 21 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2015PTC156535. Its GSTIN is 27AAICP2762K1Z1 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹5.13 Lakh. It is led by directors including Dhruv Gulati and Mukund Anand Thakkar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No. 301 To 304 3rd Floor Pride Portal, Bahiratwadi Shivajinagar Bhamburda Pune, Maharashtra, India – 411016.
As per the financials filed for FY 2024, the company reported a revenue of ₹45.34 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹119.88 Cr (net margin -264.4%) and EBITDA of -₹117.73 Cr (EBITDA margin -259.7%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 83% over five years.
The company has about 557 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pharmarack. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending. The company has 22 deals on record (16 secondary share transfers, 4 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹37.05 Cr; the latest was in January 2023. Its 3 peer companies in the Healthcare industry (Healthcare Technology), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 1 smaller; the largest is Ramanathan Software Private Limited with revenue of ₹48.01 Cr. The company has 7 MSME Form 1 returns on record between 2021 and 2024, listing 53 overdue payments to 12 micro and small suppliers.
Pharmarack Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0112727). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pharmarack.com.
Company details
CIN U72900PN2015PTC156535
Registration Number 156535
Incorporation Date 21 September 2015
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Aarogya Bharat Digital Llp
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0112727
Recognitions & Rankings of Pharmarack Technologies
Contact details
Pharmarack Technologies Private Limited's registered office is in Pune, Maharashtra. Its website is pharmarack.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressOffice No. 301 To 304 3rd Floor Pride Portal, Bahiratwadi Shivajinagar Bhamburda Pune, Maharashtra, India – 411016
- IndustryHealthcare, HealthTech & Medical Tech Solutions
To see the full contact details of Pharmarack Technologies Private Limited, buy the company report.
Comprehensive company report
Pharmarack Technologies 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
Pharmarack Technologies operates one associated brand: Pharmarack. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| SaaS-based pharmacy management solutions are offered to retailers and distributors. | pharmarack.com |
Business activity
The main business activity of Pharmarack Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Pharmarack Technologies Private Limited, buy the company report.
Financials of Pharmarack Technologies Private Limited
FY 2024 filings availablePharmarack Technologies Private Limited reported revenue of ₹45.34 Cr (up 19% YoY) for FY 2024.
Revenue · FY 2024
₹45.34 Cr ▲ 19%
Net loss · FY 2024
₹119.88 Cr margin -264.4%
EBITDA · FY 2024
-₹117.73 Cr margin -259.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 54%
5 years · compounded
▲ 83%
EBITDA CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 76%
5 years · compounded
▼ 129%
Revenue has grown at a compounded annual rate (CAGR) of 83% over five years, including 19% growth in the latest year. EBITDA fell 20% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹117.73 Cr | ||||
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| Net Profit (PAT) | -₹119.88 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -259.7% | ||||
| Net Profit Margin | -264.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Pharmarack Technologies Private Limited, buy the company report.
Board of directors of Pharmarack Technologies Private Limited
Pharmarack Technologies has 4 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhruv Gulati Also directs: Trikaal Mediinfotech Private Limited | Director | 16 Jan 2024 | 2 Years 9 Months | Current |
| Mukund Anand Thakkar Also directs: Zydus Pharmaceuticals Limited, Biochem Pharmaceutical Private Limited, Zydus Medtech Private Limited and 3 more | Director | 26 Aug 2021 | 5 Years 1 Months | Current |
| Sreenivasrao Nandigam | Director | 06 May 2025 | 1 Years 5 Months | Current |
| Saurabh Rameshbhai Mashruwala Also directs: Gujarat Lease Financing Limited, Torrent Urja 18 Private Limited, Torrent Urja 23 Private Limited and 5 more | Director | 26 Aug 2021 | 5 Years 1 Months | Current |
Peer comparison
Pharmarack Technologies Private Limited is compared with the 3 companies closest to it by revenue in the Healthcare industry (Healthcare Technology), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ramanathan Software Private Limited | ₹48.01 Cr (FY 2025) | 147.0% | Bengaluru, Karnataka, India | |||
| Medsynaptic Private Limited | ₹45.73 Cr (FY 2024) | 22.0% | Pune, Maharashtra, India | |||
| Pharmarack Technologies Private Limitedthis company | ₹45.34 Cr (FY 2024) | -₹119.88 Cr | -264.4% | 19.0% | 557 | Pune, Maharashtra, India |
| Krythium Solutions Private Limited | ₹39.3 Cr (FY 2025) | 7.0% | Kochi, Kerala, India |
To see the full peer comparison of Pharmarack Technologies Private Limited, buy the company report.
Auditor
Pharmarack Technologies Private Limited is audited by WALKER CHANDIOK & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| WALKER CHANDIOK & CO LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Pharmarack Technologies 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pharmarack Technologies Private Limited, buy the company report.
Deals & funding
Pharmarack Technologies Private Limited has 22 deals on record (16 secondary share transfers, 4 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹37.05 Cr; the latest was in January 2023.
Total deals
22
Secondary share transfers
16
Funding rounds
4
Convertible or debt financings
2
Disclosed funding
₹37.05 Cr
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: Aarogya Bharat Digital LLP Seller: an individual |
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: Aarogya Bharat Digital LLP Seller: 2 individuals |
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: Aarogya Bharat Digital LLP Seller: an individual |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: Aarogya Bharat Digital LLP Seller: 3 individuals |
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: Aarogya Bharat Digital LLP Seller: an individual |
To see the full deal history of Pharmarack Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pharmarack Technologies Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed against the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 2 | 2 | 1 |
| District courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Thoughtworks Technologies (India) Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Thoughtworks Technologies (India) Private Limited | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Pharmarack Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Pharmarack Technologies Private Limited has 7 MSME Form 1 returns on record between 2021 and 2024, listing 53 overdue payments to 12 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 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Insign Technology Private Limited | |||
| S H B A & Co LLP | |||
| Clevertap Private Limited | |||
| Profilelens Services Private Limited | |||
| Bathiya Legal |
To see the full MSME payment records of Pharmarack Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Pharmarack Technologies Private Limited has a workforce of 557 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
557
Active EPFO establishments
1
Employee growth
52.19%
GST
Pharmarack Technologies has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP2762K1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 06AAICP2762K1Z5 | Haryana | Active | 21 Jun 2024 |
To see the full GST registrations and return filing status of Pharmarack Technologies Private Limited, buy the company report.
Recent activity
Pharmarack Technologies Private Limited has 23 board changes on record since 2016: 4 appointments and 19 cessations. The latest: Sreenivasrao Nandigam was appointed as Director on 06 May 2025.
Appointed
Sreenivasrao Nandigam was appointed as Director.
AGM
Pharmarack Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Dhruv Gulati ceased to be Additional Director.
Filing
Pharmarack Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Appointed
Dhruv Gulati was appointed as Director.
Ceased
Sanjay Maheshchandra Dube ceased to be Additional Director.
Ceased
Srivatsan Sivashankar Tiruvidaimarudhur ceased to be Director.
Ceased
Alok Bhagwat Joshi ceased to be Additional Director.
Ceased
Harish Mohan Hulyalkar ceased to be Additional Director.
Ceased
Mukund Anand Thakkar ceased to be Additional Director.
Ceased
Rakeshchandra Jagdishprasad Sinha ceased to be Additional Director.
Ceased
Saurabh Rameshbhai Mashruwala ceased to be Additional Director.
14 earlier events are in the company report.
News
Frequently asked questions
Pharmarack Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 21 September 2015 (11+ years old) and is registered under CIN U72900PN2015PTC156535.
Pharmarack Technologies has 4 current directors:
- Dhruv Gulati - Director
- Mukund Anand Thakkar - Director
- Sreenivasrao Nandigam - Director
- Saurabh Rameshbhai Mashruwala - Director
The latest financial statements of Pharmarack Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Pharmarack Technologies is 27AAICP2762K1Z1, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAICP2762K1Z5 (Haryana).
The CIN (Corporate Identification Number) of Pharmarack Technologies is U72900PN2015PTC156535. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pharmarack Technologies has 3 court cases on record: 3 filed against it. 2 are pending. Most are in the nclat.
Pharmarack Technologies was incorporated on 21 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
Pharmarack Technologies has 22 deals on record (16 secondary share transfers, 4 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹37.05 Cr; the latest was in January 2023.
The peers of Pharmarack Technologies by revenue are Ramanathan Software Private Limited, Medsynaptic Private Limited, Krythium Solutions Private Limited, all in the Healthcare industry (Healthcare Technology), with the same principal business activity (computer programming, consultancy and related activities).
Sreenivasrao Nandigam was appointed as Director on 06 May 2025. Dhruv Gulati ceased to be Additional Director on 29 Sep 2024. Dhruv Gulati was appointed as Director on 16 Jan 2024. Pharmarack Technologies has 23 board changes on record in total.
Yes, Pharmarack Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0112727).
Pharmarack Technologies has 7 MSME Form 1 returns on record between 2021 and 2024, listing 53 overdue payments to 12 micro and small suppliers. The latest return was filed on 26 Apr 2024.