Solitaire Pharmacia Private Limited

Solitaire Pharmacia Private Limited - pharma in Chandigarh, India. FY 2026 financials & compliance.
CIN U24232CH2003PTC026264 Incorporated 07 August 2003 ROC Chandigarh HQ Chandigarh, India
Active Private Limited Company pharma MSME · Small
Data last updated
Revenue · FY 2025
₹58.54 Cr
▲ 5% YoY
Net profit · FY 2025
₹6.42 Cr
Net margin 11%
EBITDA · FY 2025
₹11.79 Cr
EBITDA margin 20.1%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹10.18 Lakh
Issued & subscribed
Open charges
₹30.7 Cr
Satisfied ₹9.46 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
44
Provident fund records

About Solitaire Pharmacia Private Limited

Data last updated:

Solitaire Pharmacia 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 07 August 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24232CH2003PTC026264. Its GSTIN is 04AAHCS5485R1ZJ (Chandigarh). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10.18 Lakh. It is led by directors Sanjeev Kumar Sethi (Managing Director) and Anita Sethi (Whole-Time Director).

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 73 Industrial Area Phase – II, Chandigarh, India – 160002.

As per the financials filed for FY 2025, the company reported a revenue of ₹58.54 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹6.42 Cr (net margin 11%) and EBITDA of ₹11.79 Cr (EBITDA margin 20.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 18% over five years.

The company has about 44 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 2 brands: Solitaire Pharmacia and Solitaire Pharmaceuticals. As per MCA filings, the company has open charges of ₹30.7 Cr and satisfied charges of ₹9.46 Cr on record. Court records list 17 cases involving the company, including 5 filed by the company and 12 filed against it; 9 cases are pending.

Solitaire Pharmacia Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-CH-01-0001936). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solitairepharmacia.com.

Company details

CIN U24232CH2003PTC026264
Registration Number 026264
Incorporation Date 07 August 2003
ROC Chandigarh
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-CH-01-0001936

CIN history

Solitaire Pharmacia has one previous CIN (Corporate Identification Number): U24232CH1987PTC026264. The current CIN is U24232CH2003PTC026264, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24232CH2003PTC026264Current
U24232CH1987PTC026264Previous

Recognitions & Rankings of Solitaire Pharmacia

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-CH-01-0001936

Contact details

Solitaire Pharmacia Private Limited's registered office is in Chandigarh, Chandigarh. Its website is solitairepharmacia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    73 Industrial Area Phase – II, Chandigarh, India – 160002
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Solitaire Pharmacia Private Limited, buy the company report.

Comprehensive company report
Solitaire Pharmacia 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

Solitaire Pharmacia operates two associated brands: Solitaire Pharmacia and Solitaire Pharmaceuticals. Each brand links to its own profile.

BrandDescriptionWebsite
Generic manufacturer for oral, topical, and injectable dosagessolitaireexpo.com
Manufacturing and distribution of pharmaceutical products across various health categories.solitairepharmacia.com

Business activity

The main business activity of Solitaire Pharmacia is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Solitaire Pharmacia Private Limited, buy the company report.

Financials of Solitaire Pharmacia Private Limited

FY 2025 filings available

Solitaire Pharmacia Private Limited reported revenue of ₹58.54 Cr (up 5% YoY) for FY 2025.

Revenue · FY 2025
₹58.54 Cr ▲ 5%
Net profit · FY 2025
₹6.42 Cr margin 11%
EBITDA · FY 2025
₹11.79 Cr margin 20.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 7%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 18%
5 years · compounded
▲ 21%

Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 5% growth in the latest year. EBITDA fell 5% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹11.79 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.42 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin20.1%
Net Profit Margin11%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
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 Solitaire Pharmacia Private Limited, buy the company report.

Board of directors of Solitaire Pharmacia Private Limited

Solitaire Pharmacia has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanjeev Kumar SethiManaging Director07 Aug 200323 Years 2 MonthsCurrent
Anita SethiWhole-Time Director07 Aug 200323 Years 2 MonthsCurrent

Auditor

Solitaire Pharmacia Private Limited is audited by AVNISH SHARMA & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
AVNISH SHARMA & ASSOCIATESFY 2022009398N

Shareholding

The shareholding of Solitaire Pharmacia 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Solitaire Pharmacia Private Limited, buy the company report.

Charges & borrowings

Open charges
₹30.7 Cr
Satisfied charges
₹9.46 Cr
Breakdown by lending institutions
Indian Bank₹15.00 Cr
Kotak Mahindra Bank Limited₹5.51 Cr
Others₹3.00 Cr
Icici Bank Limited₹2.50 Cr
Reliance Home Finance Limited₹2.24 Cr
Others₹2.45 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Sep 2025101165278Others₹3 CrOpen
09 Oct 2024101051560Indian Bank₹9.83 CrOpen
09 Oct 2024101051572Indian Bank₹5.17 CrOpen
25 Sep 2024101013231Bank of India₹30 LakhOpen
29 Dec 201510616516Reliance Home Finance Limited₹2.24 CrOpen

To see the full charge records of Solitaire Pharmacia Private Limited, buy the company report.

Total charge records: 17 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Solitaire Pharmacia Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Solitaire Pharmacia has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Come and Gain First Step Education Private LimitedU80301CH2015PTC035435

To see the full group structure of Solitaire Pharmacia Private Limited, buy the company report.

Employees & EPFO

Solitaire Pharmacia Private Limited has a workforce of 44 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
44
Active EPFO establishments
1
Employee growth
7.32%

GST

Solitaire Pharmacia has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
04AAHCS5485R1ZJChandigarhActive01 Jul 2017
02AAHCS5485R1ZNHimachal PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Solitaire Pharmacia Private Limited, buy the company report.

Recent activity

Solitaire Pharmacia Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Pushpa Rani ceased to be Director on 08 Apr 2017.

AGM
Solitaire Pharmacia Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 101165278 was registered on 20 Sep 2025.
Filing
Solitaire Pharmacia Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Indian Bank amounted to Rs. 983.00 Lakh with Charge ID 101051560 was registered on 09 Oct 2024.
Charges
A charge with Indian Bank amounted to Rs. 517.00 Lakh with Charge ID 101051572 was registered on 09 Oct 2024.
Charges
A charge with Bank Of India amounted to Rs. 30.00 Lakh with Charge ID 101013231 was registered on 25 Sep 2024.
Charges
A charge registered on 25 Feb 2023 via Charge ID 100720485 with Others was fully satisfied on 08 Apr 2024.
Charges
A charge registered on 20 Oct 2020 via Charge ID 100379578 with Others was fully satisfied on 08 Apr 2024.
Charges
A charge registered on 31 Mar 2014 via Charge ID 10500558 with Pnb Housing Finance Company was fully satisfied on 08 Apr 2024.
Charges
A charge with Others amounted to Rs. 350.00 Lakh with Charge ID 100720485 was registered on 25 Feb 2023.
Charges
A charge with Others amounted to Rs. 57.30 Lakh with Charge ID 100379578 was registered on 20 Oct 2020.
Ceased
Pushpa Rani ceased to be Director.

21 earlier events are in the company report.

Frequently asked questions

Solitaire Pharmacia 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 07 August 2003 (23+ years old) and is registered under CIN U24232CH2003PTC026264.

Solitaire Pharmacia has 2 current directors:

The latest financial statements of Solitaire Pharmacia 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 Solitaire Pharmacia is 04AAHCS5485R1ZJ, registered in Chandigarh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 02AAHCS5485R1ZN (Himachal Pradesh).

The CIN (Corporate Identification Number) of Solitaire Pharmacia is U24232CH2003PTC026264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solitaire Pharmacia has 17 court cases on record: 5 filed by the company and 12 filed against it. 9 are pending. Most are in the high courts.

Solitaire Pharmacia was incorporated on 07 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chandigarh.

Pushpa Rani ceased to be Director on 08 Apr 2017. Anita Sethi was appointed as Whole-Time Director on 07 Aug 2003. Pushpa Rani was appointed as Director on 07 Aug 2003. Solitaire Pharmacia has 4 board changes on record in total.

Yes, Solitaire Pharmacia is registered as a small enterprise under Udyam registration (number: UDYAM-CH-01-0001936).

Solitaire Pharmacia can be reached through the website solitairepharmacia.com. Its registered office is in Chandigarh, India.