Suncare Formulations Private Limited

Suncare Formulations Private Limited - pharma in Dehradun, Uttarakhand, India. FY 2026 financials & compliance.
CIN U24231UR2004PTC029241 Incorporated 18 November 2004 ROC Uttarakhand HQ Dehradun, Uttarakhand, India
Active Private Limited Company pharma MSME · Small
Data last updated
Revenue · FY 2025
₹36.12 Cr
▼ 2% YoY
Net profit · FY 2025
₹4.42 Cr
Net margin 12.2%
EBITDA · FY 2025
₹7.61 Cr
EBITDA margin 21.1%
Authorised capital
₹65 Lakh
Registered with MCA
Paid-up capital
₹31 Lakh
Issued & subscribed
Open charges
₹47.62 Cr
Satisfied ₹11.9 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
88
Provident fund records

About Suncare Formulations Private Limited

Data last updated:

Suncare Formulations Private Limited is a private limited company based in Dehradun, Uttarakhand, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 18 November 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Uttarakhand, under CIN U24231UR2004PTC029241. Its GSTIN is 05AAICS9967M1ZF (Uttarakhand). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹31 Lakh. It is led by directors Sanjay Kumar Sikaria and Sandeep Kumar Sikaria.

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 E – 20 Upsidc Industrial Area Selaqui, Dehradun, Uttarakhand, India – 248011.

As per the financials filed for FY 2025, the company reported a revenue of ₹36.12 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹4.42 Cr (net margin 12.2%) and EBITDA of ₹7.61 Cr (EBITDA margin 21.1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.

The company has about 88 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹47.62 Cr and satisfied charges of ₹11.9 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.

Suncare Formulations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-05-0005387). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suncaregroup.co.in.

Company details

CIN U24231UR2004PTC029241
Registration Number 029241
Incorporation Date 18 November 2004
ROC Uttarakhand
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-UK-05-0005387
Key People
Sanjay Kumar Sikaria Director Sandeep Kumar Sikaria Director

Recognitions & Rankings of Suncare Formulations

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-UK-05-0005387

Contact details

Suncare Formulations Private Limited's registered office is in Dehradun, Uttarakhand. Its website is suncaregroup.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    suncaregroup.co.in
  • Social Media
  • Registered Address
    E – 20 Upsidc Industrial Area Selaqui, Dehradun, Uttarakhand, India – 248011
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Suncare Formulations Private Limited, buy the company report.

Comprehensive company report
Suncare Formulations 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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Business activity

The main business activities of Suncare Formulations are manufacturing and support service to organizations. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and other support services to organizations. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products
NSupport service to OrganizationsN7Other support services to organizations

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

Financials of Suncare Formulations Private Limited

FY 2025 filings available

Suncare Formulations Private Limited reported revenue of ₹36.12 Cr (down 2% YoY) for FY 2025.

Revenue · FY 2025
₹36.12 Cr ▼ 2%
Net profit · FY 2025
₹4.42 Cr margin 12.2%
EBITDA · FY 2025
₹7.61 Cr margin 21.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 3%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 4%
5 years · compounded
▲ 4%

Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 30% 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₹36.12 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹7.61 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.42 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 Margin21.1%
Net Profit Margin12.2%
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 Suncare Formulations Private Limited, buy the company report.

Board of directors of Suncare Formulations Private Limited

Suncare Formulations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanjay Kumar Sikaria
Also directs: Suncare Laboratories LLP, Purbasha Resources Ltd, Suncare Pharmaceuticals Private Limited and 3 more
Director18 Nov 200421 Years 11 MonthsCurrent
Sandeep Kumar Sikaria
Also directs: Suncare Laboratories LLP, Suncare Pharmaceuticals Private Limited, Fulwari Greens Properties Private Limited
Director02 Sep 201313 Years 2 MonthsCurrent
View all directors

Peer comparison

Suncare Formulations Private Limited is compared with the 4 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Vivimed Labs (Alathur) Private Limited₹36.32 Cr (FY 2016)29.0%Mumbai, Maharashtra, India
Suncare Formulations Private Limitedthis company₹36.12 Cr (FY 2025)₹4.42 Cr12.2%-2.0%88Dehradun, Uttarakhand, India
Prim Drugs & Pharmaceuticals (India) Private Limited₹35.97 Cr (FY 2024)62.0%Sriperumbudur, Tamil Nadu, India
Challa Chlorides Pvt Ltd₹35.87 Cr (FY 2024)58.0%Panjagutta, Hyderabad, Telangana, India
Salas Pharmaceuticals Private Limited₹35.84 Cr (FY 2024)13.0%Patna, Bihar, India

To see the full peer comparison of Suncare Formulations Private Limited, buy the company report.

Auditor

Suncare Formulations Private Limited is audited by KHATTAK KOCHHAR & CO. for the financial year 2024.

Auditor firmFinancial yearFirm registration number
KHATTAK KOCHHAR & CO.FY 2024017124C

Shareholding

The shareholding of Suncare Formulations Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2025FY 2024FY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Suncare Formulations Private Limited, buy the company report.

Charges & borrowings

Open charges
₹47.62 Cr
Satisfied charges
₹11.9 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹26.30 Cr
Axis Bank Limited₹20.93 Cr
Others₹0.39 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Feb 2026101249714Hdfc Bank Limited₹26.3 CrOpen
27 Feb 2023100697627Others₹39.2 LakhOpen
19 Aug 2020100378783Axis Bank Limited₹20.93 CrOpen
09 Oct 2024100997928Sidbi₹54.6 LakhSatisfied
26 Oct 201210382943Others₹4 CrSatisfied

To see the full charge records of Suncare Formulations Private Limited, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

Suncare Formulations Private Limited has 10 MSME Form 1 returns on record between 2019 and 2022, listing 1,925 overdue payments to 65 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 65)

SupplierAmount dueDue sinceReported on
Pharma Synth Formulations Limited
an individual supplier
Arvind Pharma Chem Private Limited
S. S. Industries
an individual supplier

To see the full MSME payment records of Suncare Formulations Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Suncare Formulations Private Limited has a workforce of 88 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
88
Active EPFO establishments
1
Employee growth
1.1%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2788
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Suncare Formulations Private Limited, buy the company report.

GST

Suncare Formulations has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
05AAICS9967M1ZFUttarakhandActive01 Jul 2017
07AAICS9967M1ZBDelhiActive01 Jul 2017

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

Recent activity

Suncare Formulations Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Vikash Agarwal Binjrajka ceased to be Director on 18 Mar 2025.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 2,630.00 Lakh with Charge ID 101249714 was registered on 09 Feb 2026.
Charges
A charge registered on 09 Oct 2024 via Charge ID 100997928 with Sidbi was fully satisfied on 03 Feb 2026.
Charges
A charge with Axis Bank Limited of Rs. 2,093.00 Lakh registered on 19 Aug 2020 with Charge ID 100378783 was modified on 28 Oct 2025.
AGM
Suncare Formulations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Suncare Formulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttarakhand.
Ceased
Vikash Agarwal Binjrajka ceased to be Director.
Charges
A charge with Sidbi amounted to Rs. 54.60 Lakh with Charge ID 100997928 was registered on 09 Oct 2024.
Charges
A charge with Others amounted to Rs. 39.20 Lakh with Charge ID 100697627 was registered on 27 Feb 2023.
Ceased
Shakuntala Devi Sikaria ceased to be Director.
Charges
A charge registered on 26 Oct 2012 via Charge ID 10382943 with Others was fully satisfied on 31 Dec 2020.
Charges
A charge registered on 29 Aug 2012 via Charge ID 10374051 with Others was fully satisfied on 31 Dec 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 2,093.00 Lakh with Charge ID 100378783 was registered on 19 Aug 2020.

12 earlier events are in the company report.

Frequently asked questions

Suncare Formulations is an active private limited company based in Dehradun, Uttarakhand, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 18 November 2004 (22+ years old) and is registered under CIN U24231UR2004PTC029241.

Suncare Formulations has 2 current directors:

The latest financial statements of Suncare Formulations 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 Suncare Formulations is 05AAICS9967M1ZF, registered in Uttarakhand. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAICS9967M1ZB (Delhi).

The CIN (Corporate Identification Number) of Suncare Formulations is U24231UR2004PTC029241. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Suncare Formulations 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.

Suncare Formulations was incorporated on 18 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Uttarakhand.

The peers of Suncare Formulations by revenue are Vivimed Labs (Alathur) Private Limited, Prim Drugs & Pharmaceuticals (India) Private Limited, Challa Chlorides Pvt Ltd, Salas Pharmaceuticals Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Vikash Agarwal Binjrajka ceased to be Director on 18 Mar 2025. Shakuntala Devi Sikaria ceased to be Director on 05 Jan 2023. Sandeep Kumar Sikaria was appointed as Director on 02 Sep 2013. Suncare Formulations has 4 board changes on record in total.

Yes, Suncare Formulations is registered as a small enterprise under Udyam registration (number: UDYAM-UK-05-0005387).

Suncare Formulations has 10 MSME Form 1 returns on record between 2019 and 2022, listing 1,925 overdue payments to 65 micro and small suppliers. The latest return was filed on 22 Sep 2023.

Suncare Formulations can be reached through the website suncaregroup.co.in. Its registered office is in Dehradun, Uttarakhand, India.