Sutar Pharmachemicals Private Limited
About Sutar Pharmachemicals Private Limited
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Sutar Pharmachemicals Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 10 June 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U24243OR1998PTC005344. Its GSTIN is 21AAHCS0501L1ZS (Odisha).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Sasmita Sutar (Managing Director) and Annewaseta Sutar.
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 Plotno.1200 Bomikhalsukanam, Bhubaneswar, Odisha, India – 751010.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.76 Cr, a growth of 63% compared to the previous year. For the same year it recorded a net profit of ₹10.99 Lakh (net margin 4%) and EBITDA of ₹15.63 Lakh (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹2.6 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Sutar Pharmachemicals Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address is in the company report.
- Email
- Registered AddressPlotno.1200 Bomikhalsukanam, Bhubaneswar, Odisha, India – 751010
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Sutar Pharmachemicals 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 Sutar Pharmachemicals 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 Sutar Pharmachemicals Private Limited, buy the company report.
Financials of Sutar Pharmachemicals Private Limited
FY 2025 filings availableSutar Pharmachemicals Private Limited reported revenue of ₹2.76 Cr (up 63% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 63% growth in the latest year. EBITDA rose 195% 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 |
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| EBITDA | ₹15.63 Lakh | ||||
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| Net Profit (PAT) | ₹10.99 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sutar Pharmachemicals Private Limited, buy the company report.
Board of directors of Sutar Pharmachemicals Private Limited
Sutar Pharmachemicals has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Annewaseta Sutar | Director | 02 Mar 2021 | 5 Years 8 Months | Current |
| Sasmita Sutar | Managing Director | 01 Jul 2012 | 14 Years 4 Months | Current |
Peer comparison
Sutar Pharmachemicals Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), 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 |
|---|---|---|---|---|---|---|
| GSR Chemicals Private Limited | ₹2.79 Cr (FY 2024) | 128.0% | Jaipur, Rajasthan, India | |||
| Integrated Chemisol Private Limited | ₹2.78 Cr (FY 2025) | -48.0% | Umbergaon, Gujarat, India | |||
| Sutar Pharmachemicals Private Limitedthis company | ₹2.76 Cr (FY 2024) | ₹10.99 Lakh | 4% | 63.0% | Bhubaneswar, Odisha, India | |
| Arsh Petro Private Limited | ₹2.75 Cr (FY 2020) | 1433.0% | Batwara, Jammu and Kashmir, India | |||
| Perfect Speciality Chemicals Private Limited | ₹2.74 Cr (FY 2024) | -1.0% | Milan Cinema, Delhi, India |
To see the full peer comparison of Sutar Pharmachemicals Private Limited, buy the company report.
Auditor
Sutar Pharmachemicals Private Limited is audited by AGASTI & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGASTI & ASSOCIATES | FY 2020 | 313043E |
Shareholding
The shareholding of Sutar Pharmachemicals Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sutar Pharmachemicals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2017 | 100145417 | Karnataka Bank Ltd. | ₹20 Lakh | Open | |
| 24 Dec 2009 | 10201081 | State Bank of India | ₹2.31 Cr | Open | |
| 26 Mar 1999 | 90080957 | State Bank of India | ₹9 Lakh | Open |
To see the full charge records of Sutar Pharmachemicals Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Sutar Pharmachemicals Private Limited has 2 court cases on record: 2 filed by Sutar Pharmachemicals. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Writ petition | Filed by the company against State of Odisha | Disposed |
| High Court of Orissa | Court case (CONTC) | Filed by the company against an individual | Disposed |
To see the full case history of Sutar Pharmachemicals 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 Sutar Pharmachemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sutar Pharmachemicals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAHCS0501L1ZS | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sutar Pharmachemicals Private Limited, buy the company report.
Recent activity
Sutar Pharmachemicals Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Annewaseta Sutar was appointed as Director on 02 Mar 2021.
2 earlier events are in the company report.
Frequently asked questions
Sutar Pharmachemicals is an active private limited company based in Bhubaneswar, Odisha, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 10 June 1998 (28+ years old) and is registered under CIN U24243OR1998PTC005344.
Sutar Pharmachemicals has 2 current directors:
- Sasmita Sutar - Managing Director
- Annewaseta Sutar - Director
The latest financial statements of Sutar Pharmachemicals 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 Sutar Pharmachemicals is 21AAHCS0501L1ZS, registered in Odisha.
The CIN (Corporate Identification Number) of Sutar Pharmachemicals is U24243OR1998PTC005344. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sutar Pharmachemicals has 2 court cases on record: 2 filed by the company.
Sutar Pharmachemicals was incorporated on 10 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Sutar Pharmachemicals by revenue are GSR Chemicals Private Limited, Integrated Chemisol Private Limited, Arsh Petro Private Limited, Perfect Speciality Chemicals Private Limited, all in the Chemicals industry (Industrial Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Annewaseta Sutar was appointed as Director on 02 Mar 2021. Arun Sutar ceased to be Director on 02 Mar 2021. Sasmita Sutar ceased to be Director on 02 Mar 2021. Sutar Pharmachemicals has 7 board changes on record in total.
The registered office of Sutar Pharmachemicals is at Plotno.1200 Bomikhalsukanam, Bhubaneswar, Odisha, India – 751010.
Sutar Pharmachemicals operates in the chemicals and materials industry, in the industrial chemicals segment.
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