MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0088997
Thrive Therapeutic Private Limited
Thrive Therapeutic Private Limited - pharma in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹71.9 Lakh
▼ 82% YoY
Net loss · FY 2025
₹65.23 Lakh
Net margin -90.7%
EBITDA · FY 2025
-₹51.63 Lakh
EBITDA margin -71.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.8 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
4
As per MCA filings
About Thrive Therapeutic Private Limited
Data last updated:
Thrive Therapeutic Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 04 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24239MH2008PTC180854. Its GSTIN is 27AACCT9230E1ZF (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anand Jugeshwar Kumar and Akansha Anand Kumar Singh.
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 A – 1 Gala No 109 New Rajshree Industrial Estate Chitalsar Manpada G.B.Rd Thane, Maharashtra, India – 400607.
As per the financials filed for FY 2025, the company reported a revenue of ₹71.9 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹65.23 Lakh (net margin -90.7%) and EBITDA of -₹51.63 Lakh (EBITDA margin -71.8%). Revenue has declined at a compounded annual rate (CAGR) of 27% over five years.
As per MCA filings, the company has open charges of ₹1.8 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
Thrive Therapeutic Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0088997). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Thrive Therapeutic Private Limited
CIN U24239MH2008PTC180854
Registration Number 180854
Incorporation Date 04 April 2008
ROC Mumbai
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 Micro
Udyam Registration UDYAM-MH-33-0088997
Recognitions & Rankings of Thrive Therapeutic
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressA – 1 Gala No 109 New Rajshree Industrial Estate Chitalsar Manpada G.B.Rd Thane, Maharashtra, India – 400607
- IndustryPharma, Drug Formulation & Development
Comprehensive company report
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Business Activity of Thrive Therapeutic Private Limited
The main business activity of Thrive Therapeutic 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Thrive Therapeutic Private Limited FY 2025 filings available
Thrive Therapeutic Private Limited reported revenue of ₹71.9 Lakh (down 82% YoY) for FY 2025.
Revenue · FY 2025
₹71.9 Lakh ▼ 82%
Net loss · FY 2025
₹65.23 Lakh margin -90.7%
EBITDA · FY 2025
-₹51.63 Lakh margin -71.8%
Compounded Annual Growth Rate (CAGR) of Thrive Therapeutic Private Limited
Revenue CAGR growth
1 year
▼ 82%
5 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▼ 338%
5 years · compounded
▼ 47%
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 82% fall in the latest year. EBITDA fell 338% 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 Thrive Therapeutic Private Limited
| 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 | -₹51.63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹65.23 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 of Thrive Therapeutic Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -71.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -90.7% | •••• | •••• | •••• | •••• |
| 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 Thrive Therapeutic are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Thrive Therapeutic Private Limited
Thrive Therapeutic has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Jugeshwar Kumar | Director | 04 Apr 2008 | 18 Years 6 Months | Current |
| Akansha Anand Kumar Singh | Director | 03 Mar 2022 | 4 Years 7 Months | Current |
| Sudha Singh | Director | 23 Dec 2020 | 5 Years 9 Months | Current |
| Astha Singh | Director | 03 Mar 2022 | 4 Years 7 Months | Current |
Peer Comparison of Thrive Therapeutic Private Limited
Thrive Therapeutic Private Limited 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 |
|---|---|---|---|---|---|---|
| Gufic Chem Private Limited | ₹72.48 Lakh (FY 2024) | •••• | •••• | -63.0% | •••• | Belgaum, Karnataka, India |
| P & B Laboratories Private Limited | ₹72.46 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
| Ameren Shipx Services Private Limited | ₹72.42 Lakh (FY 2024) | •••• | •••• | -37.0% | •••• | Nagpur, Maharashtra, India |
| Astranova Biotech Private Limited | ₹72.32 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Pune, Maharashtra, India |
| Magnovia Pharmaceutical Private Limited | ₹72.17 Lakh (FY 2019) | •••• | •••• | 175.0% | •••• | Navi Mumbai, Maharashtra, India |
| Thrive Therapeutic Private Limited this company | ₹71.9 Lakh (FY 2025) | •••• | •••• | -82.0% | •••• | Thane, Maharashtra, India |
| Lucon Pharma and Research Private Limited | ₹71.82 Lakh (FY 2024) | •••• | •••• | 476.0% | •••• | Roorkee, Uttarakhand, India |
| Xylia Pharmaceuticals Private Limited | ₹71.26 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | Kozhikode, Kerala, India |
| Sentonssa Wellness Private Limited | ₹71.16 Lakh (FY 2024) | •••• | •••• | 0.0% | •••• | Siddhpur, Gujarat, India |
| French Biologicals Private Limited | ₹71.09 Lakh (FY 2024) | •••• | •••• | 9.0% | •••• | Hyderabad, Telangana, India |
| Amcor Pharma Private Limited | ₹71.03 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Amravati, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Thrive Therapeutic 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 Thrive Therapeutic Private Limited
Auditor information for Thrive Therapeutic Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Ownership and Shareholding of Thrive Therapeutic Private Limited
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Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Thrive Therapeutic Private Limited
Open charges
₹1.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Feb 2024 | Others | ₹1.8 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Thrive Therapeutic Private Limited
Thrive Therapeutic Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
3
Filed against the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (COMIP) | Filed against the company by Aristo Pharmaceuticals Private Limited | Pending |
| Bombay High Court | Court case (CRR) | Filed against the company by Aristo Pharmaceuticals Private Limited | Pending |
| District court, Panchkula, Haryana | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
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Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 Thrive Therapeutic Private Limited
Employment history and EPFO contributions of people linked to Thrive Therapeutic.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Thrive Therapeutic Private Limited
Thrive Therapeutic Private Limited has 7 board changes on record since 2008: 4 appointments and 3 cessations. The latest: Akansha Anand Kumar Singh ceased to be Director on 28 Oct 2025.
Ceased
Akansha Anand Kumar Singh ceased to be Director.
Ceased
Astha Singh ceased to be Director.
AGM
Thrive Therapeutic Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Thrive Therapeutic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 180.00 Lakh with Charge ID 100906778 was registered on 26 Feb 2024.
Appointed
Akansha Anand Kumar Singh was appointed as Director.
Appointed
Astha Singh was appointed as Director.
Ceased
Bleshwar Prasad Singh ceased to be Director.
Appointed
Sudha Singh was appointed as Director.
Appointed
Anand Jugeshwar Kumar was appointed as Director.
Incorporation
04 Apr 2008
Thrive Therapeutic Private Limited was registered on 04 Apr 2008 with Roc Mumbai & aged 18 years 6 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Thrive Therapeutic Private Limited
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MSME Payment Delays by Thrive Therapeutic Private Limited
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Subsidiaries & Group Companies of Thrive Therapeutic Private Limited
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Corporate group structure
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GST Compliance of Thrive Therapeutic Private Limited
Thrive Therapeutic has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT9230E1ZF | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Thrive Therapeutic Private Limited
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Frequently Asked Questions about Thrive Therapeutic Private Limited
Thrive Therapeutic is an active private limited company based in Thane, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 04 April 2008 (18+ years old) and is registered under CIN U24239MH2008PTC180854.
Thrive Therapeutic reported revenue of ₹71.9 Lakh for FY 2025 (down 82% YoY).
Thrive Therapeutic has 4 current directors:
- Anand Jugeshwar Kumar - Director
- Akansha Anand Kumar Singh - Director
- Sudha Singh - Director
- Astha Singh - Director
Thrive Therapeutic reported a net loss of ₹65.23 Lakh (net margin -90.7%) and EBITDA of -₹51.63 Lakh (EBITDA margin -71.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thrive Therapeutic is -27% over five years. In the latest year (FY 2025) revenue fell 82%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Thrive Therapeutic is 27AACCT9230E1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Thrive Therapeutic is U24239MH2008PTC180854. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thrive Therapeutic has 3 court cases on record: 3 filed against it. 2 are pending. Most are in the high courts.
Thrive Therapeutic was incorporated on 04 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Thrive Therapeutic by revenue are Gufic Chem Private Limited, P & B Laboratories Private Limited, Ameren Shipx Services Private Limited, Astranova Biotech Private Limited, Magnovia Pharmaceutical Private Limited and 5 more, all in the Pharma industry (Formulations).
Akansha Anand Kumar Singh ceased to be Director on 28 Oct 2025. Astha Singh ceased to be Director on 28 Oct 2025. Akansha Anand Kumar Singh was appointed as Director on 03 Mar 2022. Thrive Therapeutic has 7 board changes on record in total.