Troikaa Pharmaceuticals Limited - Company Profile

It is a pharma public limited company based in Ahmadabad City, Gujarat, India, established in 1994.

1994 Ahmadabad City, Gujarat, India Active

Last Updated: December 30, 2025

About Troikaa Pharmaceuticals Limited

Troikaa Pharmaceuticals Limited, a active public limited company, was established on 31 May 1994 in Ahmadabad City, Gujarat, India. Engaging in drug formulation & development within the manufacturing sector, it holds CIN: U24100GJ1994PLC022162. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹68.00 Cr and a paid-up capital of ₹62.55 Cr.

Formerly known as Troikaa Exports Limited, Troikaa Exports Pvt Ltd. It upholds a compliant status. Employing 3,558 professional, Its leadership includes Kush Milan Patel (Whole-Time Director), Achyutkumar Dadubhai Patel (Whole-Time Director), Subir Kumar Das (Director). Past directors included Kush Milan Patel, Achyutkumar Dadubhai Patel, Subir Kumar Das. It holds ₹817.99 Cr open charges and ₹111.56 Cr settled loans. Its latest AGM occurred on 06 August 2025, with the balance sheet filed on 31 March 2025. It is based at Troikaa House, Commerce House-1, Satya Marg,, Ahmadabad City, Gujarat, 380054.

Company Details

CIN/LLPIN
U24100GJ1994PLC022162
Registration Number
022162
Incorporation Date
31 May 1994
Authorized Capital
₹68.00 Cr
Paid-Up Capital
₹62.55 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 68.00 Cr as on 30-12-2025
Paid Up Capital ₹ 62.55 Cr as on 30-12-2025
Company Age 31 Year, 8 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 817.99 Cr as on 30-12-2025
Satisfied Charges ₹ 111.56 Cr as on 30-12-2025
Revenue Growth **** 14.99% (FY 2024)
Profit Growth **** 72.22% (FY 2024)
Ebitda **** 83.87% (FY 2024)
Net Worth -0.55% (FY 2024)
Total Assets **** 3.91% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Troikaa Pharmaceuticals Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Troikaa Pharmaceuticals Limited?

Current Directors

Name	Designation	Appointment Date	Status
Kush Milan Patel	Whole-Time Director	08 Aug 2025	Current
Achyutkumar Dadubhai Patel	Whole-Time Director	24 Oct 2015	Current
Subir Kumar Das	Director	03 Feb 2020	Current
Asheel Ketan Patel	Whole-Time Director	01 Apr 2021	Current
Nisheel Ketan Patel	Whole-Time Director	08 Aug 2025	Current
Prakash Jayantilal Shah	Director	08 Aug 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	08 Aug 2025	Past
Pramod Abcsdd	Additional Director	02 May 2016	Past
Pramod Abcsdd	Additional Director	15 Oct 2020	Past
Pramod Abcsdd	Additional Director	01 Apr 2021	Past
Pramod Abcsdd	Director	30 Apr 2022	Past
Pramod Abcsdd	Cfo	19 Oct 2019	Past

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Financial Performance of Troikaa Pharmaceuticals.

Troikaa Pharmaceuticals Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 14.99% increase. The company also saw a substantial improvement in profitability, with a 72.22% increase in profit. The company's net worth dipped by a decrease of 0.55%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

14.99%

*******

Revenue from Operations

*******

14.77%

*******

Total Assets

*******

3.91%

*******

Profit or Loss

*******

72.22%

*******

Net Worth

*******

-0.55%

*******

EBITDA

*******

83.87%

*******

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What is the Ownership and Shareholding Structure of Troikaa Pharmaceuticals?

In 2024, Troikaa Pharmaceuticals had a promoter holding of 97.59% and a public holding of 2.41%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹8,179,874,064.00

Satisfied Charges

₹1,115,647,398.00

Charges Breakdown by Lending Institutions

Others : 661.37 Cr
Standard Chartered Bank : 70.31 Cr
Hdfc Bank Limited : 47.72 Cr
Bank Of Baroda : 38.58 Cr

Latest Charge Details

Date	Lender	Amount	Status
17 Oct 2025	Hdfc Bank Limited	₹3.35 M	Open
14 Aug 2025	Hdfc Bank Limited	₹1.73 M	Open
17 Jun 2025	Hdfc Bank Limited	₹1.73 M	Open
15 May 2025	Hdfc Bank Limited	₹1.64 M	Open
13 Mar 2025	Others	₹18.60 Cr	Open

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How Many Employees Work at Troikaa Pharmaceuticals?

Troikaa Pharmaceuticals has a workforce of 3558 employees as of Feb 24, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Troikaa Pharmaceuticals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Troikaa Pharmaceuticals's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Troikaa Pharmaceuticals

Recent Activity within the Organization

Charges

The activity A charge with Hdfc Bank Limited amounted to Rs. 0.33 Cr with Charge ID 101172346 was registered on 17 Oct 2025. was completed.
17 Oct 2025
Charges

The activity A charge with Others of Rs. 60.00 Cr registered on 27 Sep 2007 with Charge ID 10071482 was modified on 26 Sep 2025. was completed.
26 Sep 2025
Charges

The activity A charge registered on 30 Jan 2021 via Charge ID 100423839 with Hdfc Bank Limited was fully satisfied on 26 Aug 2025. was completed.
26 Aug 2025
Charges

A charge registered on 30 Jan 2021 via Charge ID 100424043 with Hdfc Bank Limited was fully satisfied on 26 Aug 2025. was recorded as a recent event.
26 Aug 2025
Charges

Progress on A charge registered on 26 Aug 2014 via Charge ID 10558452 with Hdfc Bank Limited was fully satisfied on 26 Aug 2025. was documented.
26 Aug 2025
Charges

The activity A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 101140163 was registered on 14 Aug 2025. was completed.
14 Aug 2025

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