Swastik Formulations Private Limited

Swastik Formulations Private Limited - pharma in Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U24231UP1989PTC010662 Incorporated 12 April 1989 ROC Kanpur HQ Uttar Pradesh, India
Active Private Limited Company pharma MSME · Small
Data last updated
Revenue · FY 2025
₹5.3 Cr
▲ 13% YoY
Net loss · FY 2025
₹19.79 Lakh
Net margin -3.7%
EBITDA · FY 2025
₹6.23 Lakh
EBITDA margin 1.2%
Authorised capital
₹14 Lakh
Registered with MCA
Paid-up capital
₹11.18 Lakh
Issued & subscribed
Open charges
₹9.06 Lakh
Satisfied ₹4.54 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
65
Provident fund records

About Swastik Formulations Private Limited

Data last updated:

Swastik Formulations Private Limited is a private limited company based in Uttar Pradesh, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 12 April 1989 and has been in existence for over 37 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U24231UP1989PTC010662. Its GSTIN is 09AADCS1920R1ZX (Uttar Pradesh).

The company has an authorised share capital of ₹14 Lakh and a paid-up capital of ₹11.18 Lakh. It is led by directors Sadhana Pandey and Pallavi Raniga.

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 G T Roaddulhipur Chandauli, Uttar Pradesh, India – 232201.

As per the financials filed for FY 2025, the company reported a revenue of ₹5.3 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net loss of ₹19.79 Lakh (net margin -3.7%) and EBITDA of ₹6.23 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 20% over five years.

The company has about 65 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹9.06 Lakh and satisfied charges of ₹4.54 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.

Swastik Formulations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-75-0048160). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swastikformulation.com.

Company details

CIN U24231UP1989PTC010662
Registration Number 010662
Incorporation Date 12 April 1989
ROC Kanpur
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-UP-75-0048160
Key People
Sadhana Pandey Director Pallavi Raniga Director

Recognitions & Rankings of Swastik Formulations

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-UP-75-0048160

Contact details

Swastik Formulations Private Limited's registered office is in Uttar Pradesh. Its website is swastikformulation.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    swastikformulation.com
  • Registered Address
    G T Roaddulhipur Chandauli, Uttar Pradesh, India – 232201
  • Industry
    Pharma, Drug Formulation & Development

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

Comprehensive company report
Swastik 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activities of Swastik Formulations are manufacturing and trade. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and wholesale trading. 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
GTradeG1Wholesale Trading

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

Financials of Swastik Formulations Private Limited

FY 2025 filings available

Swastik Formulations Private Limited reported revenue of ₹5.3 Cr (up 13% YoY) for FY 2025.

Revenue · FY 2025
₹5.3 Cr ▲ 13%
Net loss · FY 2025
₹19.79 Lakh margin -3.7%
EBITDA · FY 2025
₹6.23 Lakh margin 1.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▼ 9%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 110%
3 years · compounded
▼ 42%
5 years · compounded
▼ 33%

Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 13% growth in the latest year. EBITDA rose 110% 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₹6.23 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹19.79 Lakh
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 Margin1.2%
Net Profit Margin-3.7%
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

To see the full financial statements and ratios of Swastik Formulations Private Limited, buy the company report.

Board of directors of Swastik Formulations Private Limited

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

Current Directors
NameDesignationAppointment DateTenureStatus
Sadhana Pandey
Also directs: Varuna Herbo Biotec Private Limited, Varuna Biocell Private Limited, Pandey Leasing Private Limited and 1 more
Director12 Apr 198937 Years 6 MonthsCurrent
Pallavi Raniga
Also directs: Varuna Herbo Biotec Private Limited, Varuna Biocell Private Limited, Pandey Leasing Private Limited
Director12 Dec 20187 Years 10 MonthsCurrent
View all directors

Peer comparison

Swastik Formulations Private Limited is compared with the 6 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
A R K Health Care Pvt Ltd₹5.32 Cr (FY 2024)-34.0%Manimajra, Chandigarh, India
Harihar Pharmaceuticals Private Limited₹5.32 Cr (FY 2025)7.0%Bolangir, Odisha, India
Lexus India Limited₹5.32 Cr (FY 2024)99.0%New Delhi, Delhi, India
Meticulous Pharmaceticals Private Limited₹5.31 Cr (FY 2025)36.0%Uttar Pradesh, India
Swastik Formulations Private Limitedthis company₹5.3 Cr (FY 2025)-₹19.79 Lakh-3.7%13.0%65Uttar Pradesh, India
Nupur Pharma Private Limited₹5.3 Cr (FY 2025)-6.0%Delhi, India
Edence Life Sciences Private Limited₹5.29 Cr (FY 2024)17.0%Mumbai, Maharashtra, India

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

Auditor

Swastik Formulations Private Limited is audited by V. K. JINDAL & CO. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
V. K. JINDAL & CO.FY 2022001468C

Shareholding

The shareholding of Swastik Formulations Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Charges & borrowings

Open charges
₹9.06 Lakh
Satisfied charges
₹4.54 Cr
Breakdown by lending institutions
Canara Bank₹4.45 Cr
Hdfc Bank Limited₹0.09 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Jul 2021100476612Hdfc Bank Limited₹9.06 LakhSatisfied
13 Feb 201010212787Canara Bank₹84.6 LakhSatisfied
06 Feb 199890270387Canara Bank₹20 LakhSatisfied
26 May 199790270349Canara Bank₹3.4 CrSatisfied

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

Total charge records: 4 View all charges

MSME payment delays

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

Group structure & subsidiaries

Swastik Formulations has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Swastik Formulations Private Limited has a workforce of 65 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
65
Active EPFO establishments
1
Employee growth
-27.78%

GST

Swastik Formulations has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AADCS1920R1ZXUttar PradeshActive01 Jul 2017

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

Recent activity

Swastik Formulations Private Limited has 4 board changes on record since 1989: 2 appointments and 2 cessations. The latest: Pramod Shanker Pandey ceased to be Director on 31 May 2021.

AGM
Swastik Formulations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Swastik Formulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur.
Charges
A charge registered on 05 Jul 2021 via Charge ID 100476612 with Hdfc Bank Limited was fully satisfied on 28 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9.06 Lakh with Charge ID 100476612 was registered on 05 Jul 2021.
Ceased
Pramod Shanker Pandey ceased to be Director.
Ceased
Manish Raniga ceased to be Additional Director.
Appointed
Pallavi Raniga was appointed as Director.
Charges
A charge registered on 26 May 1997 via Charge ID 90270349 with Canara Bank was fully satisfied on 15 Dec 2017.
Charges
A charge registered on 13 Feb 2010 via Charge ID 10212787 with Canara Bank was fully satisfied on 10 Jun 2014.
Charges
A charge registered on 06 Feb 1998 via Charge ID 90270387 with Canara Bank was fully satisfied on 10 Jun 2014.
Charges
A charge with Canara Bank of Rs. 340.16 Lakh registered on 26 May 1997 with Charge ID 90270349 was modified on 19 May 2014.
Charges
A charge with Canara Bank amounted to Rs. 84.60 Lakh with Charge ID 10212787 was registered on 13 Feb 2010.

5 earlier events are in the company report.

Frequently asked questions

Swastik Formulations is an active private limited company based in Uttar Pradesh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 12 April 1989 (37+ years old) and is registered under CIN U24231UP1989PTC010662.

Swastik Formulations has 2 current directors:

The latest financial statements of Swastik 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 Swastik Formulations is 09AADCS1920R1ZX, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Swastik Formulations is U24231UP1989PTC010662. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Swastik Formulations has 1 court case on record: 1 filed by the company. 1 is pending.

Swastik Formulations was incorporated on 12 April 1989, making it 37+ years old. It is registered with the Registrar of Companies, Kanpur.

The peers of Swastik Formulations by revenue are A R K Health Care Pvt Ltd, Harihar Pharmaceuticals Private Limited, Lexus India Limited, Meticulous Pharmaceticals Private Limited, Nupur Pharma Private Limited and 1 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Pramod Shanker Pandey ceased to be Director on 31 May 2021. Manish Raniga ceased to be Additional Director on 17 Nov 2020. Pallavi Raniga was appointed as Director on 12 Dec 2018. Swastik Formulations has 4 board changes on record in total.

Yes, Swastik Formulations is registered as a small enterprise under Udyam registration (number: UDYAM-UP-75-0048160).

Swastik Formulations can be reached through the website swastikformulation.com. Its registered office is in Uttar Pradesh, India.