Pioneer Bio-Pharma Private Limited

Pioneer Bio-Pharma Private Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24230MH1996PTC104711 Incorporated 26 December 1996 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company pharma
Revenue · FY 2026
₹51.28 Lakh
▼ 40% YoY
Net loss · FY 2026
₹12.24 Lakh
Net margin -23.9%
EBITDA · FY 2026
-₹7.49 Lakh
EBITDA margin -14.6%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹60 Lakh
Issued & subscribed
Open charges
₹40 Lakh
Satisfied ₹11.25 Cr
Company age
30 yrs
Est. 1996
Directors on board
2
As per MCA filings

About Pioneer Bio-Pharma Private Limited

Data last updated:

Pioneer Bio-Pharma Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 26 December 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH1996PTC104711. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It is led by directors Jitendra Mukundrai Vora and Kunal Jitendra Vora.

Its last annual general meeting (AGM) was held on 28 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 35 Wagh Wadi 2nd Floor404 – A Kalbadevi Rd, Mumbai, Maharashtra, India – 400002.

As per the financials filed for FY 2026, the company reported a revenue of ₹51.28 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹12.24 Lakh (net margin -23.9%) and EBITDA of -₹7.49 Lakh (EBITDA margin -14.6%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 46% over five years.

As per MCA filings, the company has open charges of ₹40 Lakh and satisfied charges of ₹11.25 Cr on record. Court records list 23 cases involving the company, including 23 filed by the company; 2 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pioneerbiopharma.com.

Company details

CIN U24230MH1996PTC104711
Registration Number 104711
Incorporation Date 26 December 1996
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

Pioneer Bio-Pharma Private Limited's registered office is in Mumbai, Maharashtra. Its website is pioneerbiopharma.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    35 Wagh Wadi 2nd Floor404 – A Kalbadevi Rd, Mumbai, Maharashtra, India – 400002
  • Industry
    Pharma, Pharmaceutical Retailers & Distributors

To see the full contact details of Pioneer Bio-Pharma Private Limited, buy the company report.

Comprehensive company report
Pioneer Bio-Pharma 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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Business activity

The main business activity of Pioneer Bio-Pharma is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles47Retail trade, except of motor vehicles and motorcycles

To see the full business activity and turnover split of Pioneer Bio-Pharma Private Limited, buy the company report.

Financials of Pioneer Bio-Pharma Private Limited

FY 2026 filings available

Pioneer Bio-Pharma Private Limited reported revenue of ₹51.28 Lakh (down 40% YoY) for FY 2026.

Revenue · FY 2026
₹51.28 Lakh ▼ 40%
Net loss · FY 2026
₹12.24 Lakh margin -23.9%
EBITDA · FY 2026
-₹7.49 Lakh margin -14.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 40%
3 years · compounded
▼ 63%
5 years · compounded
▼ 46%
EBITDA CAGR growth
1 year
▼ 375%

Revenue has declined at a compounded annual rate (CAGR) of 46% over five years, including a 40% fall in the latest year. EBITDA fell 375% 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹51.28 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹7.49 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹12.24 Lakh
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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin-14.6%
Net Profit Margin-23.9%
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

To see the full financial statements and ratios of Pioneer Bio-Pharma Private Limited, buy the company report.

Board of directors of Pioneer Bio-Pharma Private Limited

Pioneer Bio-Pharma has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jitendra Mukundrai VoraDirector26 Dec 199629 Years 10 MonthsCurrent
Kunal Jitendra VoraDirector01 May 200323 Years 6 MonthsCurrent

Auditor

Pioneer Bio-Pharma Private Limited is audited by Haresh Gandhi & Co. for the financial year 2026.

Auditor firmFinancial yearFirm registration number
Haresh Gandhi & Co.FY 2026103505W

Shareholding

The shareholding of Pioneer Bio-Pharma Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2026FY 2025FY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Pioneer Bio-Pharma Private Limited, buy the company report.

Charges & borrowings

Open charges
₹40 Lakh
Satisfied charges
₹11.25 Cr
Breakdown by lending institutions
Bank of Baroda₹6.35 Cr
Citi Bank N.A.₹4.50 Cr
The Ahemadabad Mercantile Co-Op Bank Limited₹0.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 May 2017100110499Citi Bank N.A.₹4.5 CrSatisfied
15 Jun 200580032524Bank of Baroda₹6.35 CrSatisfied
05 Apr 199790141963The Ahemadabad Mercantile Co-Op Bank Limited₹40 LakhSatisfied

To see the full charge records of Pioneer Bio-Pharma Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Pioneer Bio-Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Pioneer Bio-Pharma has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Pioneer Bio-Pharma Private Limited, buy the company report.

Recent activity

Pioneer Bio-Pharma Private Limited has 6 board changes on record since 1996: 4 appointments and 2 cessations. The latest: Bhavna Jitendra Vora ceased to be Director on 16 Jun 2018.

Filing
Pioneer Bio-Pharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai.
AGM
Pioneer Bio-Pharma Private Limited last Annual general meeting of members was held on 28 Aug 2025 as per latest MCA records.
Charges
A charge registered on 11 May 2017 via Charge ID 100110499 with Citi Bank N.A. was fully satisfied on 22 Mar 2021.
Ceased
Bhavna Jitendra Vora ceased to be Director.
Ceased
Geeta Mahendra Shah ceased to be Director.
Appointed
Bhavna Jitendra Vora was appointed as Director.
Appointed
Geeta Mahendra Shah was appointed as Director.
Charges
A charge registered on 15 Jun 2005 via Charge ID 80032524 with Bank Of Baroda was fully satisfied on 28 Jul 2017.
Charges
A charge with Citi Bank N.A. amounted to Rs. 450.00 Lakh with Charge ID 100110499 was registered on 11 May 2017.
Charges
A charge with Bank Of Baroda of Rs. 635.00 Lakh registered on 15 Jun 2005 with Charge ID 80032524 was modified on 07 Jun 2008.
Charges
A charge registered on 05 Apr 1997 via Charge ID 90141963 with The Ahemadabad Mercantile Co-Op Bank Limited was fully satisfied on 01 Jul 2005.
Charges
A charge with Bank Of Baroda amounted to Rs. 635.00 Lakh with Charge ID 80032524 was registered on 15 Jun 2005.

5 earlier events are in the company report.

Frequently asked questions

Pioneer Bio-Pharma is an active private limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 26 December 1996 (30+ years old) and is registered under CIN U24230MH1996PTC104711.

Pioneer Bio-Pharma has 2 current directors:

The latest financial statements of Pioneer Bio-Pharma on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 28 August 2025. Year-wise statements from 2015 are in the company report.

No. Pioneer Bio-Pharma has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Pioneer Bio-Pharma is U24230MH1996PTC104711. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Pioneer Bio-Pharma has 23 court cases on record: 23 filed by the company. 2 are pending. Most are in the district courts.

Pioneer Bio-Pharma was incorporated on 26 December 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.

Bhavna Jitendra Vora ceased to be Director on 16 Jun 2018. Geeta Mahendra Shah ceased to be Director on 31 May 2018. Bhavna Jitendra Vora was appointed as Director on 26 Sep 2017. Pioneer Bio-Pharma has 6 board changes on record in total.

Pioneer Bio-Pharma can be reached through the website pioneerbiopharma.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Pioneer Bio-Pharma is at 35 Wagh Wadi 2nd Floor404 – A Kalbadevi Rd, Mumbai, Maharashtra, India – 400002.