
About Saphire Biotech Private Limited
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Saphire Biotech Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 04 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U24246MP2004PTC017081. Its GSTIN is 23AAKCS2209L1ZC (Madhya Pradesh).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.05 Lakh. It is led by directors including Hemant Kulkarni and Mihir Kulkarni.
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 M – 196 Gautam Nagar Govindpura, Bhopal, Madhya Pradesh, India – 462023.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.36 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹3.63 Lakh (net margin 1.5%) and EBITDA of ₹13.86 Lakh (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 7% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹69 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saphire-biotech-pvt-ltd.business.site.
Company details
Contact details
Saphire Biotech Private Limited's registered office is in Bhopal, Madhya Pradesh. Its website is saphire-biotech-pvt-ltd.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressM – 196 Gautam Nagar Govindpura, Bhopal, Madhya Pradesh, India – 462023
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Saphire Biotech 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 Saphire Biotech is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Saphire Biotech Private Limited, buy the company report.
Financials of Saphire Biotech Private Limited
FY 2024 filings availableSaphire Biotech Private Limited reported revenue of ₹2.36 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 14% growth in the latest year. EBITDA rose 11% 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 |
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| EBITDA | ₹13.86 Lakh | ||||
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| Net Profit (PAT) | ₹3.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 5.9% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Saphire Biotech Private Limited, buy the company report.
Board of directors of Saphire Biotech Private Limited
Saphire Biotech has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Kulkarni | Director | 21 Jun 2005 | 21 Years 4 Months | Current |
| Mihir Kulkarni | Director | 30 Mar 2019 | 7 Years 7 Months | Current |
| Ketki Kulkarni | Director | 07 Jan 2013 | 13 Years 9 Months | Current |
Peer comparison
Saphire Biotech Private Limited is compared with the 4 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Newmet Pharmaceuticals Private Limited | ₹2.36 Cr (FY 2025) | 11.0% | Ghaziabad, Uttar Pradesh, India | |||
| Saphire Biotech Private Limitedthis company | ₹2.36 Cr (FY 2024) | ₹3.63 Lakh | 1.5% | 14.0% | 9 | Bhopal, Madhya Pradesh, India |
| Jeevan Raksha Aushadi Private Limited | ₹2.36 Cr (FY 2024) | 73.0% | Delhi, India | |||
| Ramps Life Care Private Limited | ₹2.36 Cr (FY 2024) | 90.0% | Bahadurpur Patna, Bihar, India | |||
| Zurinovo Healthcare Private Limited | ₹2.36 Cr (FY 2025) | 14.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Saphire Biotech Private Limited, buy the company report.
Auditor
Saphire Biotech Private Limited is audited by ADALATWALE & BHAGWAT for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ADALATWALE & BHAGWAT | FY 2022 | 008398C |
Shareholding
The shareholding of Saphire Biotech Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Saphire Biotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2022 | 100543683 | Others | ₹5 Lakh | Open | |
| 31 Oct 2019 | 100303124 | Others | ₹64 Lakh | Open |
To see the full charge records of Saphire Biotech Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Saphire Biotech 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 Saphire Biotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saphire Biotech Private Limited has a workforce of 9 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Saphire Biotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAKCS2209L1ZC | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saphire Biotech Private Limited, buy the company report.
Recent activity
Saphire Biotech Private Limited has 7 board changes on record since 2005: 3 appointments and 4 cessations. The latest: Mihir Kulkarni was appointed as Director on 30 Mar 2019.
1 earlier event is in the company report.
Frequently asked questions
Saphire Biotech is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 04 November 2004 (22+ years old) and is registered under CIN U24246MP2004PTC017081.
Saphire Biotech has 3 current directors:
- Hemant Kulkarni - Director
- Mihir Kulkarni - Director
- Ketki Kulkarni - Director
The latest financial statements of Saphire Biotech 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 Saphire Biotech is 23AAKCS2209L1ZC, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Saphire Biotech is U24246MP2004PTC017081. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saphire Biotech was incorporated on 04 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Saphire Biotech by revenue are Newmet Pharmaceuticals Private Limited, Jeevan Raksha Aushadi Private Limited, Ramps Life Care Private Limited, Zurinovo Healthcare Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Mihir Kulkarni was appointed as Director on 30 Mar 2019. Ketki Kulkarni ceased to be Additional Director on 30 Sep 2013. Ketki Kulkarni was appointed as Director on 07 Jan 2013. Saphire Biotech has 7 board changes on record in total.
Saphire Biotech can be reached through the website saphire-biotech-pvt-ltd.business.site. Its registered office is in Bhopal, Madhya Pradesh, India.
The registered office of Saphire Biotech is at M – 196 Gautam Nagar Govindpura, Bhopal, Madhya Pradesh, India – 462023.
Saphire Biotech operates in the pharma industry, in the pharmaceutical retailers and distributors segment.

