- Category
- Micro (2024-25)
- Udyam number
- UDYAM-HR-13-0008293

About Sayora Pharma Private Limited
Data last updated:
Sayora Pharma Private Limited is a private limited company based in Chandigarh, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 12 December 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24211CH1988PTC008896. Its GSTIN is 06AACCS0430R1Z9 (Haryana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.53 Lakh. It is led by directors Devinder Pal Syal (Managing Director) and Rashmi Syal.
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 SCO 56 & 57, Next To Gpo Bridge Market Sector – 17 D, Chandigarh, India – 160017.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.23 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹90,053 (net margin 0.4%) and EBITDA of ₹12.81 Lakh (EBITDA margin 5.8%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 7% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sayora Pharma. As per MCA filings, the company has open charges of ₹1.24 Cr and satisfied charges of ₹14.61 Lakh on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 1 case is pending.
Sayora Pharma Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-13-0008293). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sayorapharma.com.
Company details
Recognitions & Rankings of Sayora Pharma
Contact details
Sayora Pharma Private Limited's registered office is in Chandigarh, Chandigarh. Its website is sayorapharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSCO 56 & 57, Next To Gpo Bridge Market Sector – 17 D, Chandigarh, India – 160017
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Sayora Pharma 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
Sayora Pharma operates one associated brand: Sayora Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and marketing of pharmaceutical products, including eye drops and injections, in India. | sayorapharma.com |
Business activity
The main business activity of Sayora Pharma 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 Sayora Pharma Private Limited, buy the company report.
Financials of Sayora Pharma Private Limited
FY 2024 filings availableSayora Pharma Private Limited reported revenue of ₹2.23 Cr (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 16% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 17% 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 | ₹2.23 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹90,053 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Sayora Pharma Private Limited, buy the company report.
Board of directors of Sayora Pharma Private Limited
Sayora Pharma has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devinder Pal Syal | Managing Director | 12 Dec 1988 | 37 Years 10 Months | Current |
| Rashmi Syal Also directs: Everyday Labs Private Limited | Director | 01 Jan 1990 | 36 Years 10 Months | Current |
Peer comparison
Sayora Pharma Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| RMK Pharmaceuticals Private Limited | ₹2.23 Cr (FY 2023) | 222.0% | Ramachandrapuram, Telangana, India | |||
| Mehta Pharmaceuticals Private Limited | ₹2.23 Cr (FY 2024) | -71.0% | Amritsar, Punjab, India | |||
| Sayora Pharma Private Limitedthis company | ₹2.23 Cr (FY 2024) | ₹90,053 | 0.4% | 16.0% | 3 | Chandigarh, India |
| Swiss Medicare Private Limited | ₹2.22 Cr (FY 2025) | 12.0% | Sri Ganganagar, Rajasthan, India | |||
| Onyx Medicals Private Limited | ₹2.22 Cr (FY 2025) | 72.0% | Meerut, Uttar Pradesh, India | |||
| Larsen Formulations Private Limited | ₹2.22 Cr (FY 2025) | 15.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Sayora Pharma Private Limited, buy the company report.
Auditor
Sayora Pharma Private Limited is audited by Malhotra Rajiv & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Malhotra Rajiv & Co. | FY 2024 | 024854N |
Shareholding
The shareholding of Sayora Pharma 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 Sayora Pharma Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 May 2025 | 101112538 | Canara Bank | ₹24 Lakh | Open | |
| 25 Sep 2009 | 10184912 | Canara Bank | ₹1 Cr | Open | |
| 10 Dec 2024 | 101030022 | Canara Bank | ₹8.86 Lakh | Satisfied | |
| 13 Jun 2014 | 10508637 | Canara Bank | ₹5.75 Lakh | Satisfied |
To see the full charge records of Sayora Pharma Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sayora Pharma Private Limited has 7 court cases on record: 3 filed by Sayora Pharma, 4 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Execution petition | Filed against the company by an individual | Pending |
| District court, Chandigarh | Civil miscellaneous application | Filed against the company by an individual | Disposed |
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by an individual | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Ors | Disposed |
| District court, Chandigarh | Execution petition | Filed against the company by an individual | Disposed |
To see the full case history of Sayora Pharma 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
No delayed payments to MSME suppliers are on our record for Sayora Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sayora Pharma Private Limited has a workforce of 3 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Sayora Pharma has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCS0430R1Z9 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sayora Pharma Private Limited, buy the company report.
Recent activity
Sayora Pharma Private Limited has 2 board changes on record since 1988: 2 appointments. The latest: Rashmi Syal was appointed as Director on 01 Jan 1990.
Frequently asked questions
Sayora Pharma is an active private limited company based in Chandigarh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 12 December 1988 (38+ years old) and is registered under CIN U24211CH1988PTC008896.
Sayora Pharma has 2 current directors:
- Devinder Pal Syal - Managing Director
- Rashmi Syal - Director
The latest financial statements of Sayora Pharma 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 Sayora Pharma is 06AACCS0430R1Z9, registered in Haryana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Sayora Pharma is U24211CH1988PTC008896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sayora Pharma has 7 court cases on record: 3 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Sayora Pharma was incorporated on 12 December 1988, making it 38+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Sayora Pharma by revenue are RMK Pharmaceuticals Private Limited, Mehta Pharmaceuticals Private Limited, Swiss Medicare Private Limited, Onyx Medicals Private Limited, Larsen Formulations Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Rashmi Syal was appointed as Director on 01 Jan 1990. Devinder Pal Syal was appointed as Managing Director on 12 Dec 1988.
Yes, Sayora Pharma is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-13-0008293).
Sayora Pharma can be reached through the website sayorapharma.com. Its registered office is in Chandigarh, India.

