About Suvik Hitek Pvt Ltd
Data last updated:
Suvik Hitek Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Ambalal Sarabhai Enterprises Limited. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 26 August 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1977PTC003036. Its GSTIN is 24AADCS0865M1Z5 (Gujarat).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors including Balagan Mayandi Pillai (Whole-Time Director) and Anujkumar Shivsharma Shukla.
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shantisadan Mirzapur Raod, Ahmedabad, Gujarat, India – 380001.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.09 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹1.2 Cr (net margin -5.7%) and EBITDA of -₹27.66 Lakh (EBITDA margin -1.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹95 Lakh and satisfied charges of ₹69 Lakh on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in September 2008. Its 10 peer companies in the Pharma industry (Formulations) are compared by revenue, 5 larger and 5 smaller; the largest is Tetradrip Pharma Private Limited with revenue of ₹21.18 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suvikhitek.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressShantisadan Mirzapur Raod, Ahmedabad, Gujarat, India – 380001
- IndustryPharma, Drug Formulation & Development
- 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
- One PDF report, delivered after checkout
Business Activity of Suvik Hitek Pvt Ltd
The main business activity of Suvik Hitek is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Suvik Hitek Pvt Ltd FY 2025 filings available
Suvik Hitek Pvt Ltd reported revenue of ₹21.09 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Suvik Hitek Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 5% growth in the latest year. EBITDA fell 245% 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 of Suvik Hitek Pvt Ltd
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹27.66 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.2 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 of Suvik Hitek Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Suvik Hitek are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Suvik Hitek Pvt Ltd
Suvik Hitek Pvt Ltd is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tetradrip Pharma Private Limited | ₹21.18 Cr (FY 2024) | •••• | •••• | 91.0% | •••• | Burdwan, West Bengal, India |
| Aurum Lifesciences Private Limited | ₹21.14 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Vadodara, Gujarat, India |
| Zenasia Life Sciences Private Limited | ₹21.14 Cr (FY 2025) | •••• | •••• | 105.0% | •••• | Sangareddy, Telangana, India |
| Avance Healthcare Private Limited | ₹21.12 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Rajkot, Gujarat, India |
| Ishaanav Nutraceuticals Private Limited | ₹21.09 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Dehradun, Uttarakhand, India |
| Suvik Hitek Pvt Ltd this company | ₹21.09 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Ahmedabad, Gujarat, India |
| Msa Gujarat Molecular Imaging (India) Private Limited | ₹21.07 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
| Kontest Chemicals Ltd | ₹21.05 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Kolkata, West Bengal, India |
| Sanmed Healthcare Private Limited | ₹21.05 Cr (FY 2025) | •••• | •••• | 70.0% | •••• | Hyderabad, Telangana, India |
| VB Medicare Private Limited | ₹20.99 Cr (FY 2021) | •••• | •••• | -28.0% | •••• | Hosur, Tamil Nadu, India |
| Angia RX Life Science Private Limited | ₹20.96 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Roorkee, Uttarakhand, India |
Peers are the five companies nearest above and the five nearest below Suvik Hitek by revenue in the Pharma industry (Formulations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Suvik Hitek Pvt Ltd
Suvik Hitek Pvt Ltd is audited by Sorab S. Engineer & Co. for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sorab S. Engineer & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Suvik Hitek Pvt Ltd
Suvik Hitek has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anujkumar Shivsharma Shukla | Director | 29 Jan 2005 | 21 Years 8 Months | Current |
| Ashokkumar Shah Also directs: Sarabhai Chemicals (India) Private Limited, Asence Pharma Private Limited, Haryana Containers Limited and 2 more | Director | 29 Aug 2024 | 2 Years 1 Months | Current |
| Balagan Mayandi Pillai | Whole-Time Director | 30 Mar 2013 | 13 Years 6 Months | Current |
Ownership and Shareholding of Suvik Hitek Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Suvik Hitek Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 May 2016 | Bank of India | ₹95 Lakh | Open |
| 07 Aug 2020 | Bank of India | ₹10 Lakh | Satisfied |
| 17 Jul 2007 | Bank of India | ₹30 Lakh | Satisfied |
| 28 Apr 2006 | Bank of India | ₹25 Lakh | Satisfied |
| 13 Jan 1988 | Bank of India | ₹2 Lakh | Satisfied |
Total charge records: 6 View all charges
Deals & Funding of Suvik Hitek Pvt Ltd
Suvik Hitek Pvt Ltd has 1 deal on record (1 acquisition); the latest was in September 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2008 | Acquisition | Undisclosed | Buyer: Ambalal Sarabhai Enterprises Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Suvik Hitek Pvt Ltd
Suvik Hitek Pvt Ltd has 9 court cases on record: 5 filed by Suvik Hitek, 4 filed against it. 1 case is pending and 8 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 0 |
| High courts | 4 | 2 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (COMP) | Filed against the company by Lark Chemicals Private Limited | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Anr | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against an individual | Disposed |
| High Court of Jammu and Kashmir and Ladakh | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Suvik Hitek Pvt Ltd
Employment history and EPFO contributions of people linked to Suvik Hitek.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Suvik Hitek Pvt Ltd
Suvik Hitek Pvt Ltd has 11 board changes on record since 2005: 3 appointments and 8 cessations. The latest: Ashokkumar Shah ceased to be Additional Director on 24 Jul 2025.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Suvik Hitek Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Suvik Hitek Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Suvik Hitek Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Suvik Hitek Pvt Ltd
Suvik Hitek has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS0865M1Z5 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Suvik Hitek Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Suvik Hitek Pvt Ltd
Suvik Hitek 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 26 August 1977 (49+ years old) and is registered under CIN U24231GJ1977PTC003036.
Suvik Hitek reported revenue of ₹21.09 Cr for FY 2025 (up 5% YoY).
Suvik Hitek has 3 current directors:
- Balagan Mayandi Pillai - Whole-Time Director
- Anujkumar Shivsharma Shukla - Director
- Ashokkumar Shah - Director
Suvik Hitek reported a net loss of ₹1.2 Cr (net margin -5.7%) and EBITDA of -₹27.66 Lakh (EBITDA margin -1.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Suvik Hitek is -8% over three years and 7% over five years. In the latest year (FY 2025) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Suvik Hitek is 24AADCS0865M1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Suvik Hitek is U24231GJ1977PTC003036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suvik Hitek has 9 court cases on record: 5 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Suvik Hitek was incorporated on 26 August 1977, making it 49+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Suvik Hitek has 1 deal on record (1 acquisition); the latest was in September 2008.
The peers of Suvik Hitek by revenue are Tetradrip Pharma Private Limited, Aurum Lifesciences Private Limited, Zenasia Life Sciences Private Limited, Avance Healthcare Private Limited, Ishaanav Nutraceuticals Private Limited and 5 more, all in the Pharma industry (Formulations).