Recurso Wellness Private Limited
About Recurso Wellness Private Limited
Data last updated:
Recurso Wellness 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 26 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74110GJ2012PTC071296. Its GSTIN is 24AADCE1164F1Z4 (Gujarat).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It was formerly known as Davita Healthcare Private Limited and Earum Agro Private Limited. It is led by directors Bhumishth Narendrabhai Patel and Narendrakumar Gangaramdas 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 6 Rushabh Flat B/H. Surjan Tower Nr. Sharda School Memnagar, Ahmedabad, Gujarat, India – 380052.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.82 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹52.46 Lakh (net margin 4.1%) and EBITDA of ₹72.25 Lakh (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 58% over five years.
As per MCA filings, the company has open charges of ₹7.25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Recurso Wellness has undergone 3 name changes throughout its history. The company was previously known as Davita Healthcare Private Limited, Earum Agro Private Limited, and De-Vita Healthcare Private Limited. The current legal name is Recurso Wellness Private Limited.
| Company Name | Status |
|---|---|
| Recurso Wellness Private Limited | Current |
| Davita Healthcare Private Limited | Previous |
| Earum Agro Private Limited | Previous |
| De-Vita Healthcare Private Limited | Previous |
CIN history
Recurso Wellness has one previous CIN (Corporate Identification Number): U01407GJ2012PTC071296. The current CIN is U74110GJ2012PTC071296, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110GJ2012PTC071296 | Current |
| U01407GJ2012PTC071296 | Previous |
Contact details
Recurso Wellness Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address6 Rushabh Flat B/H. Surjan Tower Nr. Sharda School Memnagar, Ahmedabad, Gujarat, India – 380052
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Recurso Wellness 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 Recurso Wellness is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Recurso Wellness Private Limited, buy the company report.
Financials of Recurso Wellness Private Limited
FY 2025 filings availableRecurso Wellness Private Limited reported revenue of ₹12.82 Cr (up 159% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 159% growth in the latest year. EBITDA rose 56% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹72.25 Lakh | ||||
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| Net Profit (PAT) | ₹52.46 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 4.1% | ||||
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To see the full financial statements and ratios of Recurso Wellness Private Limited, buy the company report.
Board of directors of Recurso Wellness Private Limited
Recurso Wellness has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhumishth Narendrabhai Patel Also directs: Patron Exim Limited, Aquilae Worldwide Private Limited, El-Faro Venture Limited and 4 more | Director | 01 Jun 2023 | 3 Years 5 Months | Current |
| Narendrakumar Gangaramdas Patel Also directs: Patron Exim Limited, Aquilae Worldwide Private Limited, El-Faro Venture Limited and 4 more | Director | 25 Nov 2014 | 11 Years 11 Months | Current |
Peer comparison
Recurso Wellness Private Limited is compared with the 6 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Middle Mist Pharmaceuticals Private Limited | ₹12.96 Cr (FY 2025) | -6.0% | Chennai, Tamil Nadu, India | |||
| Galen Pharmaceuticals Limited | ₹12.87 Cr (FY 2025) | -15.0% | Vadodara, Gujarat, India | |||
| C and C Organics Private Limited | ₹12.84 Cr (FY 2025) | 31.0% | Delhi, India | |||
| Recurso Wellness Private Limitedthis company | ₹12.82 Cr (FY 2023) | ₹52.46 Lakh | 4.1% | 159.0% | Ahmedabad, Gujarat, India | |
| Apco Pharma Limited | ₹12.8 Cr (FY 2024) | 14.0% | New Delhi, Delhi, India | |||
| Salubrity Biotech Limited | ₹12.8 Cr (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Habitare Pharma Private Limited | ₹12.79 Cr (FY 2025) | 17.0% | Barwala, Haryana, India |
To see the full peer comparison of Recurso Wellness Private Limited, buy the company report.
Auditor
Recurso Wellness Private Limited is audited by J M PATEL & BROS for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J M PATEL & BROS | FY 2019 | 107707W |
Shareholding
The shareholding of Recurso Wellness Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Recurso Wellness Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Feb 2019 | 100240796 | State Bank of India | ₹7.25 Cr | Open |
To see the full charge records of Recurso Wellness Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Recurso Wellness 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 Recurso Wellness Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Recurso Wellness has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCE1164F1Z4 | Gujarat | Active | 19 Mar 2018 |
To see the full GST registrations and return filing status of Recurso Wellness Private Limited, buy the company report.
Recent activity
Recurso Wellness Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Bhumishth Narendrabhai Patel was appointed as Director on 01 Jun 2023.
Frequently asked questions
Recurso Wellness 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 26 July 2012 (14+ years old) and is registered under CIN U74110GJ2012PTC071296.
Recurso Wellness has 2 current directors:
- Bhumishth Narendrabhai Patel - Director
- Narendrakumar Gangaramdas Patel - Director
The latest financial statements of Recurso Wellness 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 Recurso Wellness is 24AADCE1164F1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Recurso Wellness is U74110GJ2012PTC071296. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Recurso Wellness was incorporated on 26 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Recurso Wellness by revenue are Middle Mist Pharmaceuticals Private Limited, Galen Pharmaceuticals Limited, C and C Organics Private Limited, Apco Pharma Limited, Salubrity Biotech Limited and 1 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Bhumishth Narendrabhai Patel was appointed as Director on 01 Jun 2023. Sushilabahen Narendrakumar Patel ceased to be Director on 01 Jun 2023. Bhumishth Narendrabhai Patel ceased to be Director on 09 Dec 2017. Recurso Wellness has 5 board changes on record in total.
The registered office of Recurso Wellness is at 6 Rushabh Flat BH. Surjan Tower Nr. Sharda School Memnagar, Ahmedabad, Gujarat, India – 380052.
Recurso Wellness operates in the pharma industry, in the drug formulation and development segment.
Recurso Wellness has open charges of ₹7.25 Cr and no satisfied charges on record as per latest MCA filings.
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