- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0003488

About Samrudh Pharmacare Private Limited
Data last updated:
Samrudh Pharmacare Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 22 May 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1995PTC088618. Its GSTIN is 27AADCS9535J1ZW (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.44 Cr. It was formerly known as Samrudh Packaging Private Limited. It is led by directors including Sharad Himatlal Sheth (Whole-Time Director) and Piyush Rasiklal Shah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.88 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹2.77 Cr (net margin 6.6%) and EBITDA of ₹5.8 Cr (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 9% over five years.
The company is associated with 1 brand: Samrudh Pharma. As per MCA filings, the company has open charges of ₹7.65 Cr and satisfied charges of ₹13.61 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Samrudh Pharmacare Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0003488). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website samrudhpharma.com.
Company details
CIN history
Samrudh Pharmacare has one previous CIN (Corporate Identification Number): U74950MH1995PTC088618. The current CIN is U74999MH1995PTC088618, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH1995PTC088618 | Current |
| U74950MH1995PTC088618 | Previous |
Recognitions & Rankings of Samrudh Pharmacare
Contact details
Samrudh Pharmacare Private Limited's registered office is in Mumbai, Maharashtra. Its website is samrudhpharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGala No. 36A Sidhpura Co – Op Industrial Estate Ltd Plot No. 03 Gaiwadi S. V. Road Gorega, On (W), Mumbai, Maharashtra, India – 400104
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Samrudh Pharmacare 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
Samrudh Pharmacare operates one associated brand: Samrudh Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures pharmaceuticals, ensures quality standards, and serves clients worldwide. | samrudhpharma.com |
Business activity
The main business activity of Samrudh Pharmacare 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 Samrudh Pharmacare Private Limited, buy the company report.
Financials of Samrudh Pharmacare Private Limited
FY 2025 filings availableSamrudh Pharmacare Private Limited reported revenue of ₹41.88 Cr (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA rose 3% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.77 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.9% | ||||
| Net Profit Margin | 6.6% | ||||
| 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 Samrudh Pharmacare Private Limited, buy the company report.
Board of directors of Samrudh Pharmacare Private Limited
Samrudh Pharmacare has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Himatlal Sheth | Whole-Time Director | 22 May 1995 | 31 Years 5 Months | Current |
| Piyush Rasiklal Shah | Whole-Time Director | 22 May 1995 | 31 Years 5 Months | Current |
| Darshit Piyush Shah | Director | 10 Dec 2013 | 12 Years 11 Months | Current |
| Alok Sharad Sheth | Whole-Time Director | 01 Apr 2002 | 24 Years 7 Months | Current |
Peer comparison
Samrudh Pharmacare Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Maya Biotech Private Limited | ₹42.5 Cr (FY 2024) | -3.0% | Chandigarh, India | |||
| Base Medico Private Limited | ₹42.21 Cr (FY 2025) | -12.0% | Vadodara, Gujarat, India | |||
| Spectrum Formulation Private Limited | ₹42.18 Cr (FY 2025) | 23.0% | Indore, Madhya Pradesh, India | |||
| Supercure Biotech Private Limited | ₹42.03 Cr (FY 2024) | 6.0% | Delhi, India | |||
| International Ingredients & Excipients Private Limited | ₹41.96 Cr (FY 2025) | 58.0% | Chennai, Tamil Nadu, India | |||
| Samrudh Pharmacare Private Limitedthis company | ₹41.88 Cr (FY 2024) | ₹2.77 Cr | 6.6% | -7.0% | Mumbai, Maharashtra, India | |
| Aap Pharma Technologies India Private Limited | ₹41.83 Cr (FY 2024) | -13.0% | Hyderabad, Telangana, India | |||
| Elbrit Life Sciences Private Limited | ₹41.77 Cr (FY 2024) | 39.0% | Erode, Tamil Nadu, India | |||
| Crest Lifesciences Private Limited | ₹41.71 Cr (FY 2025) | 397.0% | Baddi, Himachal Pradesh, India | |||
| Pregio Pharma Private Limited | ₹41.7 Cr (FY 2024) | 34.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Samrudh Pharmacare Private Limited, buy the company report.
Auditor
Samrudh Pharmacare Private Limited is audited by N I Parekh Shah & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N I Parekh Shah & Associates LLP | FY 2023 | W100201 |
Shareholding
The shareholding of Samrudh Pharmacare Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Samrudh Pharmacare Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2021 | 100427569 | Bank of India | ₹7.65 Cr | Open | |
| 10 Oct 2019 | 100301316 | Bank of India | ₹12.99 Lakh | Satisfied | |
| 30 Jul 2012 | 10371778 | Bank of India | ₹13.48 Cr | Satisfied |
To see the full charge records of Samrudh Pharmacare Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Samrudh Pharmacare Private Limited has 1 court case on record: 1 filed by Samrudh Pharmacare. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, HAVERI, Karnataka | Criminal miscellaneous application | Filed by the company against State, Rep.By Drug Inspector, | Disposed |
To see the full case history of Samrudh Pharmacare 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.
Credit ratings & regulatory alerts
Samrudh Pharmacare Private Limited was last rated by Crisil on 26 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 26 Oct 2020 |
To see the full credit ratings and regulatory alerts of Samrudh Pharmacare Private Limited, buy the company report.
MSME payment delays
Samrudh Pharmacare Private Limited has 13 MSME Form 1 returns on record between 2018 and 2023, listing 276 overdue payments to 72 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 (5 of 72)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Ekopak India Private Limited | |||
| A.R.Packaging | |||
| Hind Comp Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Samrudh Pharmacare Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Samrudh Pharmacare has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS9535J1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Samrudh Pharmacare Private Limited, buy the company report.
Recent activity
Samrudh Pharmacare Private Limited has 9 board changes on record since 1995: 4 appointments and 5 cessations. The latest: Darshit Piyush Shah ceased to be Additional Director on 25 Sep 2014.
7 earlier events are in the company report.
Frequently asked questions
Samrudh Pharmacare is an active private limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 22 May 1995 (31+ years old) and is registered under CIN U74999MH1995PTC088618.
Samrudh Pharmacare has 4 current directors:
- Sharad Himatlal Sheth - Whole-Time Director
- Piyush Rasiklal Shah - Whole-Time Director
- Alok Sharad Sheth - Whole-Time Director
- Darshit Piyush Shah - Director
The latest financial statements of Samrudh Pharmacare on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Samrudh Pharmacare is 27AADCS9535J1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Samrudh Pharmacare is U74999MH1995PTC088618. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Samrudh Pharmacare has 1 court case on record: 1 filed by the company.
Samrudh Pharmacare was incorporated on 22 May 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Samrudh Pharmacare by revenue are Maya Biotech Private Limited, Base Medico Private Limited, Spectrum Formulation Private Limited, Supercure Biotech Private Limited, International Ingredients & Excipients Private Limited and 4 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Darshit Piyush Shah ceased to be Additional Director on 25 Sep 2014. Nainesh Jayendra Sheth ceased to be Additional Director on 25 Sep 2014. Darshit Piyush Shah was appointed as Director on 10 Dec 2013. Samrudh Pharmacare has 9 board changes on record in total.
Yes, Samrudh Pharmacare is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0003488).
Samrudh Pharmacare has 13 MSME Form 1 returns on record between 2018 and 2023, listing 276 overdue payments to 72 micro and small suppliers. The latest return was filed on 08 Nov 2023.
Samrudh Pharmacare can be reached through the website samrudhpharma.com. Its registered office is in Mumbai, Maharashtra, India.

