About Piramal Phytocare Limited
Data last updated:
Piramal Phytocare Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 27 June 2001.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN L73100MH2001PLC132523. The company has 5 GST registrations on record, none of which is active. It is a listed company.
The company had an authorised share capital of ₹30 Cr and a paid-up capital of ₹25.96 Cr. It was formerly known as Piramal Life Sciences Limited and Npil Research and Development Private Limited. It was led by directors including Rashida Quaid Najmi and Navnitlal Bhatia.
Its last annual general meeting (AGM) was held on 05 August 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Nicholas Piramal Towerganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2019, the company reported a revenue of ₹25.17 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹8.24 Cr (net margin -32.7%) and EBITDA of -₹7.44 Cr (EBITDA margin -29.6%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years.
The company had about 6 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Piramal Phytocare. As per MCA filings, the company had satisfied charges of ₹75 Cr on record. Court records list 9 cases involving the company, including 8 filed by the company; 1 case is pending. The company has 33 deals on record (33 market trades); the latest was in December 2015. Its 10 peer companies in the Pharma industry (Formulations) are compared by revenue, 5 larger and 5 smaller; the largest is Synchem Laboratories Private Limited.
The last known website on record is piramalphytocare.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNicholas Piramal Towerganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryPharma, Drug Formulation & Development
- 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
- One PDF report, delivered after checkout
Business Activity of Piramal Phytocare Limited
The main business activity of Piramal Phytocare 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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Piramal Phytocare Limited FY 2019 filings available
Piramal Phytocare Limited reported revenue of ₹25.17 Cr (up 5% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Piramal Phytocare Limited
Revenue has grown at a compounded annual rate (CAGR) of 56% over three years, including 5% growth in the latest year. EBITDA rose 67% 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 Piramal Phytocare Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹25.17 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹7.44 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8.24 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 Piramal Phytocare Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -29.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -32.7% | •••• | •••• | •••• | •••• |
| 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 Piramal Phytocare are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Piramal Phytocare Limited
Piramal Phytocare Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Synchem Laboratories Private Limited | •••• | •••• | •••• | •••• | - | Baroda, Gujarat, India |
| Medgel Private Limited | •••• | •••• | •••• | •••• | 152 | Indore, Madhya Pradesh, India |
| Tanmed Pharma India Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Ornate Labs Private Limited | •••• | •••• | •••• | •••• | - | Muzaffarpur, Bihar, India |
| JMB Pharmaceuticals Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Piramal Phytocare Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Fitwel Pharmaceuticals Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Origin Formulations Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Unistar Biotech Limited | •••• | •••• | •••• | •••• | 121 | Ahmedabad, Gujarat, India |
| Sanjibani Medisales Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Healkraft Pharma (India) Private Limited | •••• | •••• | •••• | •••• | 51 | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Piramal Phytocare by revenue in the Pharma industry (Formulations), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Piramal Phytocare Limited
Piramal Phytocare Limited is audited by PRICE WATERHOUSE & CO. for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRICE WATERHOUSE & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Piramal Phytocare Limited
Piramal Phytocare has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashida Quaid Najmi | Director | 12 Apr 2017 | 9 Years 5 Months | As last reported |
| Navnitlal Bhatia | Director | 02 Feb 2012 | 14 Years 8 Months | As last reported |
| Gautam Bhailal Doshi Also directs: Bhavna Doshi Associates LLP, Sun Pharmaceutical Industries Limited, Piramal Finance Limited and 5 more | Director | 01 Apr 2008 | 18 Years 6 Months | As last reported |
| Rajesh Ratanlal Laddha | Director | 02 Feb 2012 | 14 Years 8 Months | As last reported |
Ownership and Shareholding of Piramal Phytocare Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Piramal Phytocare Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Oct 2008 | Hdfc Bank Limited | ₹75 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Piramal Phytocare Limited
Piramal Phytocare Limited has 33 deals on record (33 market trades); the latest was in December 2015.
Deals on record (5 of 33)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2014 | Market trade | ₹4.39 Cr | Buyer: Piramal Management Services Pvt Ltd Seller: Propiedades Realties Private Limited |
| Aug 2014 | Market trade | ₹4.37 Cr | Buyer: Piramal Management Services Pvt Ltd Seller: Propiedades Realties Private Limited |
| Feb 2014 | Market trade | ₹1.58 Cr | Buyer: Shreelekha Global Finance Limited Seller: Maestro Ventures Private Limited |
| Dec 2012 | Market trade | ₹26.26 Cr | Buyer: Piramal Management Services Pvt Ltd Seller: Phl Holdings Private Limited |
| Dec 2012 | Market trade | ₹70.3 Lakh | Buyer: SVS Securities Private Limited Seller: SVS Securities Private Limited |
Full deal history
All 33 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Piramal Phytocare Limited
Piramal Phytocare Limited has 9 court cases on record: 8 filed by Piramal Phytocare, 1 where it is another party. 1 case is pending and 8 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Court case (Succ. Court) | Company is another party | Pending |
| Bombay High Court | Writ petition | Filed by the company against Deputy Commissioner of Income Tax,Circle 7(3)(2),Mumbai | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Deputy Commissioner of Income Tax, Circle 7 (3) (2) | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Deputy Commissioner of Income-Tax | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Dy. Commissioner of Income-Tax-7(3)(2) and 2 Ors | Disposed |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Piramal Phytocare Limited
Piramal Phytocare operates one associated brand: Piramal Phytocare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures a range of natural ingredients based health supplements | piramalphytocare.com |
Employees and EPFO Compliance at Piramal Phytocare Limited
Employment history and EPFO contributions of people linked to Piramal Phytocare.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Piramal Phytocare Limited
Piramal Phytocare has undergone 4 name changes throughout its history. The current legal name is Piramal Phytocare Limited.
| Company Name | Status |
|---|---|
| Piramal Phytocare Limited | Current |
| Piramal Life Sciences Limited | Previous |
| Npil Research And Development Private Limited | Previous |
| Npil Research And Development Limited | Previous |
| Npil Research And Development Limited | Previous |
CIN History of Piramal Phytocare Limited
Piramal Phytocare has one previous CIN (Corporate Identification Number): U73100MH2001PLC132523. The current CIN is L73100MH2001PLC132523, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L73100MH2001PLC132523 | Current |
| U73100MH2001PLC132523 | Previous |
News related to Piramal Phytocare Limited
Recent Activity on Piramal Phytocare Limited
Piramal Phytocare Limited has 30 board changes on record since 2005: 17 appointments and 13 cessations. The latest: Rashida Quaid Najmi was appointed as Director on 12 Apr 2017.
23 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Piramal Phytocare Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Piramal Phytocare Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Piramal Phytocare Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Piramal Phytocare Limited
Piramal Phytocare has 5 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Piramal Phytocare Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Piramal Phytocare Limited
Piramal Phytocare has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Piramal Phytocare was a public limited company based in Mumbai, Maharashtra, India. The company worked in drug formulation and development, within the pharma industry. It was incorporated on 27 June 2001 and is registered under CIN L73100MH2001PLC132523. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Piramal Phytocare was incorporated on 27 June 2001. It is registered with the Registrar of Companies, Mumbai.
Piramal Phytocare had 4 directors:
- Rashida Quaid Najmi - Director
- Navnitlal Bhatia - Director
- Gautam Bhailal Doshi - Director
- Rajesh Ratanlal Laddha - Director
The CIN (Corporate Identification Number) of Piramal Phytocare is L73100MH2001PLC132523. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Piramal Phytocare is a listed company.
The registered office of Piramal Phytocare is at Nicholas Piramal Towerganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
Piramal Phytocare can be reached through the website piramalphytocare.com. Its registered office is in Mumbai, Maharashtra, India.
Piramal Phytocare reported revenue of ₹25.17 Cr for FY 2019 (up 5% YoY).
Piramal Phytocare has an authorised share capital of ₹30 Cr and a paid-up capital of ₹25.96 Cr.
Piramal Phytocare reported a net loss of ₹8.24 Cr (net margin -32.7%) and EBITDA of -₹7.44 Cr (EBITDA margin -29.6%) for FY 2019, as per its filed financial statements.