Terrace Pharmaceuticals Private Limited

Terrace Pharmaceuticals Private Limited - pharma in Mohali, Punjab, India. FY 2026 financials & compliance.
CIN U24100PB2005PTC029175 Incorporated 11 November 2005 ROC Chandigarh HQ Mohali, Punjab, India
Active Private Limited Company pharma MSME · Small
Data last updated
Revenue · FY 2024
₹40.75 Cr
▲ 39% YoY
Net profit · FY 2024
₹26.27 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹2.71 Cr
EBITDA margin 6.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹32.75 Cr
Satisfied ₹3 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
5
Provident fund records

About Terrace Pharmaceuticals Private Limited

Data last updated:

Terrace Pharmaceuticals Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 11 November 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24100PB2005PTC029175. Its GSTIN is 03AACCT8066E1ZH (Punjab). The company holds 5 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Gauri Shankar and Robin Chopra.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mohali, Punjab.

As per the financials filed for FY 2024, the company reported a revenue of ₹40.75 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹26.27 Lakh (net margin 0.6%) and EBITDA of ₹2.71 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 8% over five years.

The company has about 5 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Terrace Pharmaceuticals. As per MCA filings, the company has open charges of ₹32.75 Cr and satisfied charges of ₹3 Cr on record. Court records list 60 cases involving the company, including 18 filed by the company and 42 filed against it; 29 cases are pending.

Terrace Pharmaceuticals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0007929). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website terracepharma.com.

Company details

CIN U24100PB2005PTC029175
Registration Number 029175
Incorporation Date 11 November 2005
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-20-0007929

CIN history

Terrace Pharmaceuticals has one previous CIN (Corporate Identification Number): U00305PB2005PTC029175. The current CIN is U24100PB2005PTC029175, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24100PB2005PTC029175Current
U00305PB2005PTC029175Previous
Key People
Gauri Shankar Director Robin Chopra Director Parveen Kumar Director

Recognitions & Rankings of Terrace Pharmaceuticals

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-PB-20-0007929

Contact details

Terrace Pharmaceuticals Private Limited's registered office is in Mohali, Punjab. Its website is terracepharma.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    terracepharma.com
  • Registered Address
    Plot No. E 141, Phase 7 Industrial Focal Point, Mohali, Punjab, India – 160055
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Terrace Pharmaceuticals Private Limited, buy the company report.

Comprehensive company report
Terrace Pharmaceuticals 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

Terrace Pharmaceuticals operates one associated brand: Terrace Pharmaceuticals. Each brand links to its own profile.

BrandDescriptionWebsite
Terrace Pharmaceuticals
Manufactures pharmaceutical products and operates divisions for national distribution in India.terracepharma.com

Business activity

The main business activity of Terrace Pharmaceuticals is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

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

Financials of Terrace Pharmaceuticals Private Limited

FY 2024 filings available

Terrace Pharmaceuticals Private Limited reported revenue of ₹40.75 Cr (up 39% YoY) for FY 2024.

Revenue · FY 2024
₹40.75 Cr ▲ 39%
Net profit · FY 2024
₹26.27 Lakh margin 0.6%
EBITDA · FY 2024
₹2.71 Cr margin 6.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 8%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 5%

Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 39% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹40.75 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.71 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹26.27 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.7%
Net Profit Margin0.6%
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 Terrace Pharmaceuticals Private Limited, buy the company report.

Board of directors of Terrace Pharmaceuticals Private Limited

Terrace Pharmaceuticals has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gauri ShankarDirector12 Oct 20224 Years 0 MonthsCurrent
Robin Chopra
Also directs: Derma Story Limited, Voodoo Showoff Private Limited
Director17 Dec 20196 Years 10 MonthsCurrent
Parveen KumarDirector14 Mar 20233 Years 7 MonthsCurrent
View all directors

Auditor

Terrace Pharmaceuticals Private Limited is audited by MANDHAR AND ASSOCIATES for the financial year 2024.

Auditor firmFinancial yearFirm registration number
MANDHAR AND ASSOCIATESFY 2024033209N

Shareholding

The shareholding of Terrace Pharmaceuticals 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 Terrace Pharmaceuticals Private Limited, buy the company report.

Charges & borrowings

Open charges
₹32.75 Cr
Satisfied charges
₹3 Cr
Breakdown by lending institutions
Others₹12.18 Cr
Hdfc Bank Limited₹10.62 Cr
Axis Bank Limited₹9.95 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Oct 2023100804732Axis Bank Limited₹9.95 CrOpen
03 Mar 2022100570373Hdfc Bank Limited₹10.62 CrOpen
13 Jul 2020100349071Others₹1.38 CrOpen
31 Jul 201410526659Others₹10.8 CrOpen
30 Jun 201110430322Punjab National Bank₹3 CrSatisfied

To see the full charge records of Terrace Pharmaceuticals Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

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

Employees & EPFO

Terrace Pharmaceuticals Private Limited has a workforce of 5 employees on its EPFO records as of Mar 29, 2025, across 2 active EPFO establishments.

Employee count
5
Active EPFO establishments
2
Employee growth
-94.85%

GST

Terrace Pharmaceuticals has 5 GST registrations: 2 active and 3 cancelled or inactive.

Total GSTINs
5
Active
2
Cancelled / inactive
3
GSTINStateStatusRegistered on
03AACCT8066E1ZHPunjabActive01 Apr 2018
02AACCT8066E1ZJHimachal PradeshActive01 Jul 2017

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

Recent activity

Terrace Pharmaceuticals Private Limited has 11 board changes on record since 2008: 3 appointments and 8 cessations. The latest: Parveen Kumar ceased to be Additional Director on 29 Sep 2023.

AGM
Terrace Pharmaceuticals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Terrace Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Axis Bank Limited amounted to Rs. 995.00 Lakh with Charge ID 100804732 was registered on 18 Oct 2023.
Ceased
Parveen Kumar ceased to be Additional Director.
Appointed
Parveen Kumar was appointed as Director.
Appointed
Gauri Shankar was appointed as Director.
Ceased
Mohit Sharma ceased to be Whole-Time Director.
Charges
A charge with Others of Rs. 1,079.65 Lakh registered on 31 Jul 2014 with Charge ID 10526659 was modified on 29 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,062.00 Lakh with Charge ID 100570373 was registered on 03 Mar 2022.
Ceased
Kamalpreet ceased to be Director.
Ceased
Gamini Chopra ceased to be Director.
Charges
A charge with Others amounted to Rs. 138.00 Lakh with Charge ID 100349071 was registered on 13 Jul 2020.

10 earlier events are in the company report.

Frequently asked questions

Terrace Pharmaceuticals is an active private limited company based in Mohali, Punjab, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 11 November 2005 (21+ years old) and is registered under CIN U24100PB2005PTC029175.

Terrace Pharmaceuticals has 3 current directors:

The latest financial statements of Terrace Pharmaceuticals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Terrace Pharmaceuticals is 03AACCT8066E1ZH, registered in Punjab. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 02AACCT8066E1ZJ (Himachal Pradesh).

The CIN (Corporate Identification Number) of Terrace Pharmaceuticals is U24100PB2005PTC029175. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Terrace Pharmaceuticals has 60 court cases on record: 18 filed by the company and 42 filed against it. 29 are pending. Most are in the district courts.

Terrace Pharmaceuticals was incorporated on 11 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chandigarh.

Parveen Kumar ceased to be Additional Director on 29 Sep 2023. Parveen Kumar was appointed as Director on 14 Mar 2023. Gauri Shankar was appointed as Director on 12 Oct 2022. Terrace Pharmaceuticals has 11 board changes on record in total.

Yes, Terrace Pharmaceuticals is registered as a small enterprise under Udyam registration (number: UDYAM-PB-20-0007929).

Terrace Pharmaceuticals can be reached through the website terracepharma.com. Its registered office is in Mohali, Punjab, India.