About Ronald Pharmaceuticals Private Limited
Data last updated:
Ronald Pharmaceuticals Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 26 April 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24110GJ1993PTC019347. Its GSTIN is 24AABCD0835A1ZH (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹85 Lakh. It was formerly known as Dupont Organics Private Limited. It is led by directors Nandkishore Maheshwari and Vedant Nandkishore Maheshwari.
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 Block No 740/Aat Manjusar Tal Savli, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.33 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹77.81 Lakh (net margin 2.6%) and EBITDA of ₹2.17 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 13% over five years.
The company is associated with 1 brand: Ronald Pharmaceutical. As per MCA filings, the company has open charges of ₹30.44 Cr and satisfied charges of ₹21 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ronaldpharma.com.
Company details
Contact details
Ronald Pharmaceuticals Private Limited's registered office is in Vadodara, Gujarat. Its website is ronaldpharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBlock No 740/Aat Manjusar Tal Savli, Vadodara, Gujarat, India – 390007
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Ronald Pharmaceuticals 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
Brands
Ronald Pharmaceuticals operates one associated brand: Ronald Pharmaceutical. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying pharmaceutical products with a focus on quality standards. | ronaldpharma.com |
Business activity
The main business activity of Ronald Pharmaceuticals 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 Ronald Pharmaceuticals Private Limited, buy the company report.
Financials of Ronald Pharmaceuticals Private Limited
FY 2024 filings availableRonald Pharmaceuticals Private Limited reported revenue of ₹30.33 Cr (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 19% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹30.33 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹77.81 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 2.6% | ||||
| 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 Ronald Pharmaceuticals Private Limited, buy the company report.
Board of directors of Ronald Pharmaceuticals Private Limited
Ronald Pharmaceuticals 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 |
|---|---|---|---|---|
| Nandkishore Maheshwari Also directs: Mypher Pharmaceuticals LLP, Aviance Pharmaceuticals Private Limited, Avoure Pharma & Healthcare Private Limited and 1 more | Director | 20 Jul 2012 | 14 Years 3 Months | Current |
| Vedant Nandkishore Maheshwari Also directs: Mypher Pharmaceuticals LLP, Aviance Pharmaceuticals Private Limited, Avoure Pharma & Healthcare Private Limited and 2 more | Director | 20 Jul 2012 | 14 Years 3 Months | Current |
Peer comparison
Ronald Pharmaceuticals Private Limited is compared with the 5 companies closest to it by revenue in the Pharma industry (Formulations, Pharmaceuticals), 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 |
|---|---|---|---|---|---|---|
| Octavius Pharma Private Limited | ₹30.43 Cr (FY 2025) | 169.0% | Ahmedabad, Gujarat, India | |||
| Casper Pharma Private Limited | ₹30.43 Cr (FY 2024) | 151.0% | Mumbai, Maharashtra, India | |||
| Ronald Pharmaceuticals Private Limitedthis company | ₹30.33 Cr (FY 2024) | ₹77.81 Lakh | 2.6% | -12.0% | Vadodara, Gujarat, India | |
| Signova Healthcare Private Limited | ₹30.25 Cr (FY 2025) | 24.0% | Guwahati, Assam, India | |||
| Jupiter Pharmaceuticals Ltd | ₹30.22 Cr (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Mestra Pharma Private Limited | ₹30.2 Cr (FY 2025) | -10.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Ronald Pharmaceuticals Private Limited, buy the company report.
Auditor
Ronald Pharmaceuticals Private Limited is audited by ASHISHKUMAR SONI for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHISHKUMAR SONI | FY 2024 | VUSA & ASSOCIATES LLP |
Shareholding
The shareholding of Ronald Pharmaceuticals 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 category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ronald Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2024 | 100946208 | Axis Bank Limited | ₹15.81 Cr | Open | |
| 27 Mar 2023 | 100727798 | Hdfc Bank Limited | ₹10.06 Lakh | Open | |
| 29 Jun 2020 | 100372867 | Others | ₹4.96 Cr | Open | |
| 07 Dec 2019 | 100311886 | Others | ₹4.96 Cr | Open | |
| 07 Dec 2019 | 100311927 | Others | ₹4.61 Cr | Open |
To see the full charge records of Ronald Pharmaceuticals Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Ronald Pharmaceuticals Private Limited has 4 court cases on record: 2 filed by Ronald Pharmaceuticals, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (AO) | Filed by the company against E.I. Du Pont India Pvt.Ltd. and 1 other | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Appeal | Filed by the company against E I Du Pont De Nemours and Company and 1 other | Disposed |
To see the full case history of Ronald Pharmaceuticals Private Limited, buy the company report.
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.
MSME payment delays
Ronald Pharmaceuticals Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 32 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ronald Pharmaceuticals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ronald Pharmaceuticals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCD0835A1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ronald Pharmaceuticals Private Limited, buy the company report.
Recent activity
Ronald Pharmaceuticals Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Atul Harilal Thakkar ceased to be Additional Director on 05 Dec 2019.
26 earlier events are in the company report.
Frequently asked questions
Ronald Pharmaceuticals is an active private limited company based in Vadodara, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 26 April 1993 (33+ years old) and is registered under CIN U24110GJ1993PTC019347.
Ronald Pharmaceuticals has 2 current directors:
- Nandkishore Maheshwari - Director
- Vedant Nandkishore Maheshwari - Director
The latest financial statements of Ronald Pharmaceuticals 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 2015 are in the company report.
The GSTIN of Ronald Pharmaceuticals is 24AABCD0835A1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Ronald Pharmaceuticals is U24110GJ1993PTC019347. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ronald Pharmaceuticals has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.
Ronald Pharmaceuticals was incorporated on 26 April 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ronald Pharmaceuticals by revenue are Octavius Pharma Private Limited, Casper Pharma Private Limited, Signova Healthcare Private Limited, Jupiter Pharmaceuticals Ltd, Mestra Pharma Private Limited, all in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Atul Harilal Thakkar ceased to be Additional Director on 05 Dec 2019. Jambukumar Jain ceased to be Director on 23 Jul 2012. Siddarth Jambukumar Jain ceased to be Director on 23 Jul 2012. Ronald Pharmaceuticals has 5 board changes on record in total.
Ronald Pharmaceuticals has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 32 overdue payments to 2 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Ronald Pharmaceuticals can be reached through the website ronaldpharma.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Ronald Pharmaceuticals is at Block No 740Aat Manjusar Tal Savli, Vadodara, Gujarat, India – 390007.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
