MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0136286
Sol Derma Pharmaceuticals Private Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹51.29 Cr
▲ 1% YoY
Net profit · FY 2025
₹62.29 Lakh
Net margin 1.2%
EBITDA · FY 2025
₹2 Cr
EBITDA margin 3.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹6 Cr
Satisfied ₹2.83 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
319
Provident fund records
About Sol Derma Pharmaceuticals Private Limited
Data last updated:
Sol Derma Pharmaceuticals Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 18 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24239GJ2008PTC055073. Its GSTIN is 24AAMCS3894B1Z8 (Gujarat). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors including Ronakkumar Pravinbhai Patel (Managing Director) and Pravinbhai Harjivandas Patel.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.29 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹62.29 Lakh (net margin 1.2%) and EBITDA of ₹2 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 21% over five years.
The company has about 319 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sol Derma Pharma. As per MCA filings, the company has open charges of ₹6 Cr and satisfied charges of ₹2.83 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 2 cases are pending.
Sol Derma Pharmaceuticals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0136286). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solderma.com.
Company details
CIN U24239GJ2008PTC055073
Registration Number 055073
Incorporation Date 18 September 2008
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0136286
Key People
Ronakkumar Pravinbhai Patel Managing Director Amrish Rajnikant Gandhi Additional Director Pravinbhai Harjivandas Patel Director Recognitions & Rankings of Sol Derma Pharmaceuticals
Contact details
Sol Derma Pharmaceuticals Private Limited's registered office is in Ahmedabad, Gujarat. Its website is solderma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHouse – 2 Eightcorporatehouse B/Hsatyamhouse, Rajparth Club Road Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Sol Derma Pharmaceuticals Private Limited, buy the company report.
Comprehensive company report
Sol Derma Pharmaceuticals Private Limited - one report that includes everything
- 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
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Brands
Sol Derma Pharmaceuticals operates one associated brand: Sol Derma Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A cosmetics company specializing in dermatology medicines and skincare products. | solderma.com |
Business activity
The main business activity of Sol Derma Pharmaceuticals is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Sol Derma Pharmaceuticals Private Limited, buy the company report.
Financials of Sol Derma Pharmaceuticals Private Limited
FY 2025 filings availableSol Derma Pharmaceuticals Private Limited reported revenue of ₹51.29 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹51.29 Cr ▲ 1%
Net profit · FY 2025
₹62.29 Lakh margin 1.2%
EBITDA · FY 2025
₹2 Cr margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 32%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▼ 32%
3 years · compounded
▼ 3%
5 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 1% growth in the latest year. EBITDA fell 32% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹62.29 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 3.9% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick 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 Sol Derma Pharmaceuticals Private Limited, buy the company report.
Board of directors of Sol Derma Pharmaceuticals Private Limited
Sol Derma Pharmaceuticals has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ronakkumar Pravinbhai Patel | Managing Director | 18 Sep 2008 | 18 Years 1 Months | Current |
| Amrish Rajnikant Gandhi | Additional Director | 04 Apr 2015 | 11 Years 7 Months | Current |
| Pravinbhai Harjivandas Patel Also directs: Arovea Formulations Private Limited | Director | 10 Aug 2016 | 10 Years 3 Months | Current |
| Mehulkumar Hasmukhrai Gandhi | Additional Director | 27 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Sol Derma Pharmaceuticals Private Limited is audited by BIHARI SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIHARI SHAH & CO. | FY 2023 | 119020W |
Shareholding
The shareholding of Sol Derma Pharmaceuticals 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 Sol Derma Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6 Cr
Satisfied charges
₹2.83 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Mar 2022 | 100554951 | Hdfc Bank Limited | ₹6 Cr | Open | |
| 03 Apr 2021 | 100475450 | The Kalupur Commercial Co-Operative Bank Limited | ₹2 Cr | Satisfied | |
| 29 Mar 2013 | 10421872 | The Ratnakar Bank Limited | ₹83 Lakh | Satisfied |
To see the full charge records of Sol Derma Pharmaceuticals Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Sol Derma Pharmaceuticals Private Limited has 4 court cases on record: 3 filed by Sol Derma Pharmaceuticals, 1 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against M/S Sderma Through Its Proprietor Sawant Kumar Joshi | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR RA) | Filed by the company against The State of Gujarat | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Salvo Health Care Pvt. Ltd. | Disposed |
To see the full case history of Sol Derma Pharmaceuticals 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
Sol Derma Pharmaceuticals Private Limited has 17 MSME Form 1 returns on record between 2017 and 2023, listing 670 overdue payments to 85 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 85)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aarohi Printpack | |||
| Asoj Soft Caps Pvt Ltd | |||
| an individual supplier | |||
| Elements Biotech | |||
| an individual supplier |
To see the full MSME payment records of Sol Derma Pharmaceuticals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sol Derma Pharmaceuticals Private Limited has a workforce of 319 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
319
Active EPFO establishments
1
Employee growth
26.59%
GST
Sol Derma Pharmaceuticals has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMCS3894B1Z8 | Gujarat | Active | 01 Jul 2017 |
| 24AAMCS3894B2Z7 | Gujarat | Active | 01 Apr 2025 |
| 27AAMCS3894B1Z2 | Maharashtra | Active | 02 Feb 2023 |
| 09AAMCS3894B1Z0 | Uttar Pradesh | Active | 14 Feb 2023 |
To see the full GST registrations and return filing status of Sol Derma Pharmaceuticals Private Limited, buy the company report.
Recent activity
Sol Derma Pharmaceuticals Private Limited has 12 board changes on record since 2008: 4 appointments and 8 cessations. The latest: Amrish Rajnikant Gandhi ceased to be Additional Director on 30 Oct 2025.
Ceased
Amrish Rajnikant Gandhi ceased to be Additional Director.
AGM
Sol Derma Pharmaceuticals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sol Derma Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 6.00 Cr registered on 02 Mar 2022 with Charge ID 100554951 was modified on 21 Mar 2024.
Charges
A charge registered on 03 Apr 2021 via Charge ID 100475450 with The Kalupur Commercial Co-Operative Bank Limited was fully satisfied on 08 Mar 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.00 Cr with Charge ID 100554951 was registered on 02 Mar 2022.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100475450 was registered on 03 Apr 2021.
Ceased
Girishkumar Raojibhai Patel ceased to be Director.
Ceased
Ramkrishna Laljibhai Patel ceased to be Additional Director.
Ceased
Komalben Rounakkumar Patel ceased to be Director.
Ceased
Pravinbhai Harjivandas Patel ceased to be Additional Director.
Ceased
Jitendrakumar Dhanjibhai Rokad ceased to be Additional Director.
9 earlier events are in the company report.
Frequently asked questions
Sol Derma Pharmaceuticals is an active private limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 18 September 2008 (18+ years old) and is registered under CIN U24239GJ2008PTC055073.
Sol Derma Pharmaceuticals has 4 current directors:
- Ronakkumar Pravinbhai Patel - Managing Director
- Amrish Rajnikant Gandhi - Additional Director
- Pravinbhai Harjivandas Patel - Director
- Mehulkumar Hasmukhrai Gandhi - Additional Director
The latest financial statements of Sol Derma 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.
The GSTIN of Sol Derma Pharmaceuticals is 24AAMCS3894B1Z8, registered in Gujarat. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 24AAMCS3894B2Z7 (Gujarat), 27AAMCS3894B1Z2 (Maharashtra), 09AAMCS3894B1Z0 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Sol Derma Pharmaceuticals is U24239GJ2008PTC055073. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sol Derma Pharmaceuticals has 4 court cases on record: 3 filed by the company and 1 filed against it. 2 are pending.
Sol Derma Pharmaceuticals was incorporated on 18 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Amrish Rajnikant Gandhi ceased to be Additional Director on 30 Oct 2025. Girishkumar Raojibhai Patel ceased to be Director on 26 Feb 2020. Ramkrishna Laljibhai Patel ceased to be Additional Director on 29 Sep 2018. Sol Derma Pharmaceuticals has 12 board changes on record in total.
Yes, Sol Derma Pharmaceuticals is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0136286).
Sol Derma Pharmaceuticals has 17 MSME Form 1 returns on record between 2017 and 2023, listing 670 overdue payments to 85 micro and small suppliers. The latest return was filed on 08 Nov 2023.
Sol Derma Pharmaceuticals can be reached through the website solderma.com. Its registered office is in Ahmedabad, Gujarat, India.
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