Sarthi Pharmaceuticals Limited
About Sarthi Pharmaceuticals Limited
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Sarthi Pharmaceuticals Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 06 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1995PLC024879. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹3.55 Cr. It is led by directors including Pareshkumar Sheth and Mayur Narendra Solanki.
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 609 Pratiksha Complex Opp. Shalimar Complex Mahalaxmi Panch Rasta Paldi, Ahmedabad, Gujarat, India – 380007.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.68 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹23,380 (net margin 3%) and EBITDA of ₹31,250 (EBITDA margin 4.1%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 4% over five years.
As per MCA filings, the company has satisfied charges of ₹1.4 Cr on record. Court records list 11 cases involving the company, including 4 filed by the company and 7 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Sarthi Pharmaceuticals has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24231GJ1995PLC024879, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24231GJ1995PLC024879 | Current |
| U24231GJ1995PTC024879 | Previous |
| L24231GJ1995PLC024879 | Previous |
Contact details
Sarthi Pharmaceuticals Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address609 Pratiksha Complex Opp. Shalimar Complex Mahalaxmi Panch Rasta Paldi, Ahmedabad, Gujarat, India – 380007
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Sarthi Pharmaceuticals 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 Sarthi Pharmaceuticals is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Sarthi Pharmaceuticals Limited, buy the company report.
Financials of Sarthi Pharmaceuticals Limited
FY 2025 filings availableSarthi Pharmaceuticals Limited reported revenue of ₹7.68 Lakh (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 8% fall in the latest year. EBITDA fell 16% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹31,250 | ||||
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| Net Profit (PAT) | ₹23,380 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sarthi Pharmaceuticals Limited, buy the company report.
Board of directors of Sarthi Pharmaceuticals Limited
Sarthi Pharmaceuticals has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pareshkumar Sheth | Director | 01 Dec 2005 | 20 Years 11 Months | Current |
| Mayur Narendra Solanki | Director | 24 Feb 2014 | 12 Years 8 Months | Current |
| Mahesh Vijaykumar Fulpadia | Director | 24 Feb 2014 | 12 Years 8 Months | Current |
Auditor
Sarthi Pharmaceuticals Limited is audited by Goenka Mehta & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Goenka Mehta & Associates | FY 2024 | 129445W |
Shareholding
The shareholding of Sarthi Pharmaceuticals 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 Sarthi Pharmaceuticals Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2000 | 80062751 | The Janta Co.Op.Bank Ltd. | ₹40 Lakh | Satisfied | |
| 07 Apr 1999 | 80061844 | The Janta Co-Op Bank Ltd | ₹40 Lakh | Satisfied | |
| 07 Apr 1999 | 80061845 | The Janta Co-Op Bank Ltd | ₹60 Lakh | Satisfied |
To see the full charge records of Sarthi Pharmaceuticals Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Sarthi Pharmaceuticals Limited has 11 court cases on record: 4 filed by Sarthi Pharmaceuticals, 7 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 1 |
| High courts | 5 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Court case (R.C.C.) | Filed against the company by State of Maharashtraf.D.A. | Pending |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by The Registrar of Companies | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by The Registrar of Companies | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by M-S. Sun Pharma Chem., Th- Deepak K Shah | Disposed |
| District court, Chandrapur, Maharashtra | Court case (R.C.C.) | Filed against the company by State Drugs Inspector Chandrapur | Disposed |
To see the full case history of Sarthi Pharmaceuticals 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
No delayed payments to MSME suppliers are on our record for Sarthi Pharmaceuticals Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sarthi Pharmaceuticals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sarthi Pharmaceuticals Limited, buy the company report.
Recent activity
Sarthi Pharmaceuticals Limited has 10 board changes on record since 2005: 3 appointments and 7 cessations. The latest: Rikesh Balkrishna Sheth ceased to be Managing Director on 20 Nov 2019.
7 earlier events are in the company report.
Frequently asked questions
Sarthi Pharmaceuticals is an active public limited company based in Ahmedabad, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 06 March 1995 (31+ years old) and is registered under CIN U24231GJ1995PLC024879.
Sarthi Pharmaceuticals has 3 current directors:
- Pareshkumar Sheth - Director
- Mayur Narendra Solanki - Director
- Mahesh Vijaykumar Fulpadia - Director
The latest financial statements of Sarthi Pharmaceuticals 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.
No. Sarthi Pharmaceuticals has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sarthi Pharmaceuticals is U24231GJ1995PLC024879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarthi Pharmaceuticals has 11 court cases on record: 4 filed by the company and 7 filed against it. 1 is pending. Most are in the district courts.
Sarthi Pharmaceuticals was incorporated on 06 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rikesh Balkrishna Sheth ceased to be Managing Director on 20 Nov 2019. Mahesh Vijaykumar Fulpadia ceased to be Additional Director on 30 Sep 2014. Mayur Narendra Solanki ceased to be Additional Director on 30 Sep 2014. Sarthi Pharmaceuticals has 10 board changes on record in total.
The registered office of Sarthi Pharmaceuticals is at 609 Pratiksha Complex Opp. Shalimar Complex Mahalaxmi Panch Rasta Paldi, Ahmedabad, Gujarat, India – 380007.
Sarthi Pharmaceuticals operates in the financial services industry, in the brokerage and trading services segment.
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