Shwarde Pharmaceuticals (India) Private Limited
About Shwarde Pharmaceuticals (India) Private Limited
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Shwarde Pharmaceuticals (India) Private Limited is a private limited company based in Goa, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 17 June 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U24234GA1993PTC001374. Its GSTIN is 30AADCS9278E2ZB (Goa). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.24 Cr. It is led by directors including Prakash Rajaram Hede and Arvind Shamsunder Amonkar.
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 House No 844 Alto Betim Porvorim, Goa, India – 403521.
As per the financials filed for FY 2023, the company reported a revenue of ₹50,200, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹24.05 Lakh and EBITDA of -₹23.16 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 26% over five years.
As per MCA filings, the company has open charges of ₹5.79 Cr and satisfied charges of ₹1.8 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 8 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shwarde Pharmaceuticals (India) Private Limited's registered office is in Goa. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse No 844 Alto Betim Porvorim, Goa, India – 403521
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Shwarde Pharmaceuticals (India) 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 Shwarde Pharmaceuticals (India) 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 Shwarde Pharmaceuticals (India) Private Limited, buy the company report.
Financials of Shwarde Pharmaceuticals (India) Private Limited
FY 2025 filings availableShwarde Pharmaceuticals (India) Private Limited reported revenue of ₹50,200 (down 99% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 99% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹50,200 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹23.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24.05 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Shwarde Pharmaceuticals (India) Private Limited, buy the company report.
Board of directors of Shwarde Pharmaceuticals (India) Private Limited
Shwarde Pharmaceuticals (India) has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Rajaram Hede Also directs: Shiroda Investments Private Limited, Speciality Pharma Private Limited, Corlim Chemitex Private Limited and 1 more | Director | 30 Nov 1994 | 31 Years 11 Months | Current |
| Arvind Shamsunder Amonkar Also directs: Shiroda Investments Private Limited, Speciality Pharma Private Limited, Keni Hotels Private Limited and 2 more | Director | 11 Jun 2019 | 7 Years 5 Months | Current |
| Rohan Prakash Hede Also directs: Shiroda Investments Private Limited, Speciality Pharma Private Limited, Keni Hotels Private Limited and 1 more | Director | 28 Dec 2020 | 5 Years 10 Months | Current |
Auditor
Shwarde Pharmaceuticals (India) Private Limited is audited by JSV & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JSV & CO | FY 2023 | 123269W |
Shareholding
The shareholding of Shwarde Pharmaceuticals (India) 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shwarde Pharmaceuticals (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 2005 | 90077761 | Canara Bank | ₹40 Lakh | Open | |
| 30 Nov 2004 | 90065144 | Canara Bank | ₹15.75 Lakh | Open | |
| 29 Mar 2003 | 90065099 | Canara Bank | ₹25 Lakh | Open | |
| 09 Apr 2002 | 90065085 | Canara Bank | ₹1.25 Cr | Open | |
| 09 Apr 2002 | 90065603 | Canara Bank | ₹3.43 Cr | Open |
To see the full charge records of Shwarde Pharmaceuticals (India) Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Shwarde Pharmaceuticals (India) Private Limited has 11 court cases on record: 3 filed by Shwarde Pharmaceuticals (India), 8 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 0 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Goa, Goa | Original application | Filed against the company by Pyramid Finance Limited | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by Ms Biocon Limited | Disposed |
| Bombay High Court | Court case (AUE) | Filed by the company against The Deputy Director, Employee's State Insurance Corporation, Panaji and Anr., | Pending |
| Bombay High Court | Appeal | Filed by the company against The Deputy Director, Employee's State Insurance Corporation, Panaji and Anr., | Disposed |
| District court, North Goa, Goa | Court case (ESI) | Filed by the company against individuals | Disposed |
To see the full case history of Shwarde Pharmaceuticals (India) 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 Shwarde Pharmaceuticals (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shwarde Pharmaceuticals (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AADCS9278E2ZB | Goa | Active | 24 Sep 2020 |
To see the full GST registrations and return filing status of Shwarde Pharmaceuticals (India) Private Limited, buy the company report.
Recent activity
Shwarde Pharmaceuticals (India) Private Limited has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Rohan Prakash Hede was appointed as Director on 28 Dec 2020.
6 earlier events are in the company report.
Frequently asked questions
Shwarde Pharmaceuticals (India) is an active private limited company based in Goa, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 17 June 1993 (33+ years old) and is registered under CIN U24234GA1993PTC001374.
Shwarde Pharmaceuticals (India) has 3 current directors:
- Prakash Rajaram Hede - Director
- Arvind Shamsunder Amonkar - Director
- Rohan Prakash Hede - Director
The latest financial statements of Shwarde Pharmaceuticals (India) 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.
The GSTIN of Shwarde Pharmaceuticals (India) is 30AADCS9278E2ZB, registered in Goa. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Shwarde Pharmaceuticals (India) is U24234GA1993PTC001374. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shwarde Pharmaceuticals (India) has 11 court cases on record: 3 filed by the company and 8 filed against it. 1 is pending. Most are in the district courts.
Shwarde Pharmaceuticals (India) was incorporated on 17 June 1993, making it 33+ years old. It is registered with the Registrar of Companies, Goa.
Rohan Prakash Hede was appointed as Director on 28 Dec 2020. Rohan Prakash Hede ceased to be Director on 13 Jun 2019. Arvind Shamsunder Amonkar was appointed as Director on 11 Jun 2019. Shwarde Pharmaceuticals (India) has 4 board changes on record in total.
The registered office of Shwarde Pharmaceuticals (India) is at House No 844 Alto Betim Porvorim, Goa, India – 403521.
Shwarde Pharmaceuticals (India) operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
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