Prosperity Drugs Private Limited

Prosperity Drugs Private Limited - pharma in Solan, Himachal Pradesh, India. FY 2026 financials & compliance.
CIN U24290HP2019PTC007481 Incorporated 04 June 2019 ROC Himachal Pradesh HQ Solan, Himachal Pradesh, India
Active Private Limited Company pharma MSME · Medium
Data last updated
Revenue · FY 2025
₹131.43 Cr
▼ 1% YoY
Net profit · FY 2025
₹66.85 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹8.39 Cr
EBITDA margin 6.4%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹7 Cr
Issued & subscribed
Open charges
₹49.76 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
139
Provident fund records

About Prosperity Drugs Private Limited

Data last updated:

Prosperity Drugs Private Limited is a private limited company based in Solan, Himachal Pradesh, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 04 June 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U24290HP2019PTC007481. Its GSTIN is 02AAKCP5894L1ZU (Himachal Pradesh).

The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹7 Cr. It is led by directors including Banshidhar Kanhaiyalal and Bharat Bansal.

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 Hb – 162 Village – Belikhol Near Kharuni Belikhol, Solan, Himachal Pradesh, India – 174101.

As per the financials filed for FY 2025, the company reported a revenue of ₹131.43 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹66.85 Lakh (net margin 0.5%) and EBITDA of ₹8.39 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.

The company has about 139 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹49.76 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Cr; the latest was in October 2020. Its 8 peer companies in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 5 smaller; the largest is Makers Laboratories Ltd with revenue of ₹132.64 Cr.

Prosperity Drugs Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0001128).

Company details

CIN U24290HP2019PTC007481
Registration Number 007481
Incorporation Date 04 June 2019
ROC Himachal Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Medium
Udyam Registration UDYAM-HP-11-0001128

Recognitions & Rankings of Prosperity Drugs

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-HP-11-0001128

Contact details

Prosperity Drugs Private Limited's registered office is in Solan, Himachal Pradesh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Hb – 162 Village – Belikhol Near Kharuni Belikhol, Solan, Himachal Pradesh, India – 174101
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Prosperity Drugs Private Limited, buy the company report.

Comprehensive company report
Prosperity Drugs 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 Prosperity Drugs is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Prosperity Drugs Private Limited, buy the company report.

Financials of Prosperity Drugs Private Limited

FY 2024 filings available

Prosperity Drugs Private Limited reported revenue of ₹131.43 Cr (down 1% YoY) for FY 2025.

Revenue · FY 2025
₹131.43 Cr ▼ 1%
Net profit · FY 2025
₹66.85 Lakh margin 0.5%
EBITDA · FY 2025
₹8.39 Cr margin 6.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 26%

Revenue fell 1% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA rose 1% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹8.39 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹66.85 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin6.4%
Net Profit Margin0.5%
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 Prosperity Drugs Private Limited, buy the company report.

Board of directors of Prosperity Drugs Private Limited

Prosperity Drugs has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Banshidhar KanhaiyalalDirector04 Jun 20197 Years 5 MonthsCurrent
Bharat BansalDirector04 Jun 20197 Years 5 MonthsCurrent
Parminder BansalDirector04 Jun 20197 Years 5 MonthsCurrent
Murlidhar KanhaiyalalDirector04 Jun 20197 Years 5 MonthsCurrent

Peer comparison

Prosperity Drugs Private Limited is compared with the 8 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Makers Laboratories Ltd₹132.64 Cr (FY 2025)25.0%Mumbai, Maharashtra, India
Saimirra Innopharm Private Limited₹132.6 Cr (FY 2025)65.0%Chennai, Tamil Nadu, India
Bengal Chemicals and Pharmaceuticals Ltd₹132.57 Cr (FY 2024)18.0%Kolkata, West Bengal, India
Prosperity Drugs Private Limitedthis company₹131.43 Cr (FY 2025)₹66.85 Lakh0.5%-1.0%139Solan, Himachal Pradesh, India
Dey's Medical Stores (Manufacturing) Ltd₹130.35 Cr (FY 2025)-2.0%Kolkata, West Bengal, India
Elder Prroject Limited₹129.37 Cr (FY 2022)18.0%Mumbai, Maharashtra, India
Maxim Pharmaceuticals Private Limited₹129.31 Cr (FY 2025)-6.0%Pune, Maharashtra, India
Koye Pharmaceuticals Private Limited₹129.09 Cr (FY 2025)-4.0%Mumbai, Maharashtra, India
Centurion Remedies Private Limited₹128.35 Cr (FY 2025)-10.0%Vadodara, Gujarat, India

To see the full peer comparison of Prosperity Drugs Private Limited, buy the company report.

Auditor

Prosperity Drugs Private Limited is audited by M/s Dhillon & Associates for the financial year 2024.

Auditor firmFinancial yearFirm registration number
M/s Dhillon & AssociatesFY 2024002783N

Shareholding

The shareholding of Prosperity Drugs Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Prosperity Drugs Private Limited, buy the company report.

Charges & borrowings

Open charges
₹49.76 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹49.76 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Oct 2020100395897Hdfc Bank Limited₹49.76 CrOpen

To see the full charge records of Prosperity Drugs Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Prosperity Drugs Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Cr; the latest was in October 2020.

Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹5 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Oct 2020Funding round₹5 CrInvestors: 4 individuals
Mar 2020Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

Employees & EPFO

Prosperity Drugs Private Limited has a workforce of 139 employees on its EPFO records as of Mar 11, 2025, across 1 active EPFO establishment.

Employee count
139
Active EPFO establishments
1
Employee growth
-5.44%

GST

Prosperity Drugs has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
02AAKCP5894L1ZUHimachal PradeshActive27 Aug 2020

To see the full GST registrations and return filing status of Prosperity Drugs Private Limited, buy the company report.

Recent activity

Prosperity Drugs Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Banshidhar Kanhaiyalal was appointed as Director on 04 Jun 2019.

Charges
A charge with Hdfc Bank Limited of Rs. 49.76 Cr registered on 29 Oct 2020 with Charge ID 100395897 was modified on 05 Feb 2025.
AGM
Prosperity Drugs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Prosperity Drugs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Himachal Pradesh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 49.76 Cr with Charge ID 100395897 was registered on 29 Oct 2020.
Appointed
Banshidhar Kanhaiyalal was appointed as Director.
Appointed
Bharat Bansal was appointed as Director.
Appointed
Murlidhar Kanhaiyalal was appointed as Director.
Appointed
Parminder Bansal was appointed as Director.
Incorporation
04 Jun 2019
Prosperity Drugs Private Limited was registered on 04 Jun 2019 with Roc Himachal Pradesh & aged 7 years 5 months as per MCA records.

Frequently asked questions

Prosperity Drugs is an active private limited company based in Solan, Himachal Pradesh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 04 June 2019 (7+ years old) and is registered under CIN U24290HP2019PTC007481.

Prosperity Drugs has 4 current directors:

The latest financial statements of Prosperity Drugs 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 2020 are in the company report.

The GSTIN of Prosperity Drugs is 02AAKCP5894L1ZU, registered in Himachal Pradesh.

The CIN (Corporate Identification Number) of Prosperity Drugs is U24290HP2019PTC007481. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Prosperity Drugs has 1 court case on record: 1 filed against it.

Prosperity Drugs was incorporated on 04 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.

Prosperity Drugs has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹5 Cr; the latest was in October 2020.

The peers of Prosperity Drugs by revenue are Makers Laboratories Ltd, Saimirra Innopharm Private Limited, Bengal Chemicals and Pharmaceuticals Ltd, Dey's Medical Stores (Manufacturing) Ltd, Elder Prroject Limited and 3 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Banshidhar Kanhaiyalal was appointed as Director on 04 Jun 2019. Bharat Bansal was appointed as Director on 04 Jun 2019. Murlidhar Kanhaiyalal was appointed as Director on 04 Jun 2019. Prosperity Drugs has 4 board changes on record in total.

Yes, Prosperity Drugs is registered as a medium enterprise under Udyam registration (number: UDYAM-HP-11-0001128).