- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0144446

About Phoenix Remedies Private Limited
Data last updated:
Phoenix Remedies Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 04 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24232GJ2012PTC072872. Its GSTIN is 24AAGCP9485R1ZD (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Pranjal Vijaykumar Parikh and Rajnikant Dahyabhai 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 Ff/31 Kameshwar Park Complex Ghodasar, Ahmedabad, Gujarat, India – 380050.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.14 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹9.14 Lakh (net margin 2.2%) and EBITDA of ₹30.09 Lakh (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 10% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
Phoenix Remedies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0144446). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website phoenixremedies.in.
Company details
Recognitions & Rankings of Phoenix Remedies
Contact details
Phoenix Remedies Private Limited's registered office is in Ahmedabad, Gujarat. Its website is phoenixremedies.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFf/31 Kameshwar Park Complex Ghodasar, Ahmedabad, Gujarat, India – 380050
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Phoenix Remedies 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
Business activity
The main business activity of Phoenix Remedies is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Phoenix Remedies Private Limited, buy the company report.
Financials of Phoenix Remedies Private Limited
FY 2025 filings availablePhoenix Remedies Private Limited reported revenue of ₹4.14 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 9% growth in the latest year. EBITDA rose 2% 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 | ₹30.09 Lakh | ||||
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| Net Profit (PAT) | ₹9.14 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 2.2% | ||||
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To see the full financial statements and ratios of Phoenix Remedies Private Limited, buy the company report.
Board of directors of Phoenix Remedies Private Limited
Phoenix Remedies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pranjal Vijaykumar Parikh | Director | 04 Dec 2012 | 13 Years 10 Months | Current |
| Rajnikant Dahyabhai Patel | Director | 04 Dec 2012 | 13 Years 10 Months | Current |
| Nimesh Dineshbhai Bhavsar | Director | 04 Dec 2012 | 13 Years 10 Months | Current |
Peer comparison
Phoenix Remedies Private Limited is compared with the 5 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mandore Pharma Private Limited | ₹4.16 Cr (FY 2025) | 140.0% | Shamli, Uttar Pradesh, India | |||
| Phoenix Remedies Private Limitedthis company | ₹4.14 Cr (FY 2024) | ₹9.14 Lakh | 2.2% | 9.0% | 14 | Ahmedabad, Gujarat, India |
| Kmah Lifescience Private Limited | ₹4.14 Cr (FY 2025) | 52432.0% | Ahmedabad, Gujarat, India | |||
| Nadine Healthcare Private Limited | ₹4.14 Cr (FY 2025) | 3.0% | Kanpur, Uttar Pradesh, India | |||
| Vivrthi Labs Private Limited | ₹4.14 Cr (FY 2024) | -6.0% | Hyderabad, Telangana, India | |||
| Rus-Med Exports Private Limited | ₹4.13 Cr (FY 2025) | 29.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Phoenix Remedies Private Limited, buy the company report.
Auditor
Phoenix Remedies Private Limited is audited by JINESH P SHAH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JINESH P SHAH & CO | FY 2021 | 145875W |
Shareholding
The shareholding of Phoenix Remedies Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Phoenix Remedies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Phoenix Remedies 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 Phoenix Remedies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Phoenix Remedies Private Limited has a workforce of 14 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Phoenix Remedies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCP9485R1ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Phoenix Remedies Private Limited, buy the company report.
Recent activity
Phoenix Remedies Private Limited has 3 board changes on record since 2012: 3 appointments. The latest: Nimesh Dineshbhai Bhavsar was appointed as Director on 04 Dec 2012.
Frequently asked questions
Phoenix Remedies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 04 December 2012 (14+ years old) and is registered under CIN U24232GJ2012PTC072872.
Phoenix Remedies has 3 current directors:
- Pranjal Vijaykumar Parikh - Director
- Rajnikant Dahyabhai Patel - Director
- Nimesh Dineshbhai Bhavsar - Director
The latest financial statements of Phoenix Remedies 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 2015 are in the company report.
The GSTIN of Phoenix Remedies is 24AAGCP9485R1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Phoenix Remedies is U24232GJ2012PTC072872. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Phoenix Remedies was incorporated on 04 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Phoenix Remedies by revenue are Mandore Pharma Private Limited, Kmah Lifescience Private Limited, Nadine Healthcare Private Limited, Vivrthi Labs Private Limited, Rus-Med Exports Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (wholesale trading).
Nimesh Dineshbhai Bhavsar was appointed as Director on 04 Dec 2012. Pranjal Vijaykumar Parikh was appointed as Director on 04 Dec 2012. Rajnikant Dahyabhai Patel was appointed as Director on 04 Dec 2012.
Yes, Phoenix Remedies is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0144446).
Phoenix Remedies can be reached through the website phoenixremedies.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Phoenix Remedies is at Ff31 Kameshwar Park Complex Ghodasar, Ahmedabad, Gujarat, India – 380050.

