Truelife Pharma Private Limited

Truelife Pharma Private Limited - healthcare in Kalol, Gujarat, India. FY 2026 financials & compliance.
CIN U24100GJ2014PTC080112 Incorporated 14 July 2014 ROC Ahmedabad HQ Kalol, Gujarat, India
Active Private Limited Company healthcare MSME · Small
Data last updated
Revenue · FY 2025
₹9.42 Cr
▲ 35% YoY
Net profit · FY 2025
₹13.81 Lakh
Net margin 1.5%
EBITDA · FY 2025
₹30.89 Lakh
EBITDA margin 3.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹40 Lakh
Secured borrowings
Company age
12 yrs
Est. 2014
Employees · EPFO
12
Provident fund records

About Truelife Pharma Private Limited

Data last updated:

Truelife Pharma Private Limited is a private limited company based in Kalol, Gujarat, India. It operates in the ayurvedic products and services segment of the healthcare sector. It was incorporated on 14 July 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2014PTC080112. Its GSTIN is 24AAFCT0678M1ZZ (Gujarat).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Priya Avinash Patel and Avinash Ashvinbhai Patel.

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 Shed No 18 19 Shyam Estate Santej – Khatraj Road Santej, Kalol, Gujarat, India – 382721.

As per the financials filed for FY 2025, the company reported a revenue of ₹9.42 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹13.81 Lakh (net margin 1.5%) and EBITDA of ₹30.89 Lakh (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 12% over five years.

The company has about 12 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹40 Lakh on record. Court records list 4 cases involving the company, including 4 filed against it; 3 cases are pending.

Truelife Pharma Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0016234). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U24100GJ2014PTC080112
Registration Number 080112
Incorporation Date 14 July 2014
ROC Ahmedabad
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-GJ-09-0016234
Key People
Priya Avinash Patel Director Avinash Ashvinbhai Patel Director Rahul Jayeshbhai Dabhi Director

Recognitions & Rankings of Truelife Pharma

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-09-0016234

Contact details

Truelife Pharma Private Limited's registered office is in Kalol, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Shed No 18 19 Shyam Estate Santej – Khatraj Road Santej, Kalol, Gujarat, India – 382721
  • Industry
    Healthcare, Ayurvedic Products & Services

To see the full contact details of Truelife Pharma Private Limited, buy the company report.

Comprehensive company report
Truelife Pharma 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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Business activity

The main business activity of Truelife Pharma is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

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

Financials of Truelife Pharma Private Limited

FY 2024 filings available

Truelife Pharma Private Limited reported revenue of ₹9.42 Cr (up 35% YoY) for FY 2025.

Revenue · FY 2025
₹9.42 Cr ▲ 35%
Net profit · FY 2025
₹13.81 Lakh margin 1.5%
EBITDA · FY 2025
₹30.89 Lakh margin 3.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 8%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 29%
5 years · compounded
▲ 21%

Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 35% growth in the latest year. EBITDA rose 39% 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₹30.89 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹13.81 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 Margin3.3%
Net Profit Margin1.5%
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 Truelife Pharma Private Limited, buy the company report.

Board of directors of Truelife Pharma Private Limited

Truelife Pharma has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Priya Avinash Patel
Also directs: Innomax Metal Private Limited
Director23 Nov 20169 Years 11 MonthsCurrent
Avinash Ashvinbhai Patel
Also directs: Innomax Metal Private Limited, Inovet Metalprint Private Limited
Director14 Jul 201412 Years 3 MonthsCurrent
Rahul Jayeshbhai DabhiDirector02 Jan 20179 Years 10 MonthsCurrent
Visatkumar Trikamlal PatelDirector02 Jan 20179 Years 10 MonthsCurrent
View all directors

Peer comparison

Truelife Pharma Private Limited is compared with the 3 companies closest to it by revenue in the Healthcare industry (API Manufacturers, Ayurvedic Products and Services), 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
The Sadvaidyasala Private Limited₹9.48 Cr (FY 2025)1.0%Nanjangud, Karnataka, India
Mrida Greens & Development Private Limited₹9.44 Cr (FY 2025)23.0%New Delhi, Delhi, India
Truelife Pharma Private Limitedthis company₹9.42 Cr (FY 2025)₹13.81 Lakh1.5%35.0%12Kalol, Gujarat, India
Horster Biotek Private Limited₹9.25 Cr (FY 2025)16.0%Indore, Madhya Pradesh, India

To see the full peer comparison of Truelife Pharma Private Limited, buy the company report.

Auditor

Truelife Pharma Private Limited is audited by S V PARSANI & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S V PARSANI & ASSOCIATESFY 2023134352W

Shareholding

The shareholding of Truelife Pharma Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Truelife Pharma Private Limited, buy the company report.

Charges & borrowings

Open charges
₹40 Lakh
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹0.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Sep 2023100817181Hdfc Bank Limited₹40 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

Truelife Pharma Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 304 overdue payments to 24 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 24)

SupplierAmount dueDue sinceReported on
Levee Polymers
an individual supplier
Saffron Pet and Plastic Products
Dipna Pharmachem Limited
an individual supplier

To see the full MSME payment records of Truelife Pharma Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Truelife Pharma Private Limited has a workforce of 12 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
12
Active EPFO establishments
1
Employee growth
9.09%

GST

Truelife Pharma has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAFCT0678M1ZZGujaratActive01 Jul 2017

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

Recent activity

Truelife Pharma Private Limited has 7 board changes on record since 2014: 4 appointments and 3 cessations. The latest: Yogesh Patel ceased to be Director on 23 Feb 2023.

AGM
Truelife Pharma Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Truelife Pharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 100817181 was registered on 11 Sep 2023.
Ceased
Yogesh Patel ceased to be Director.
Ceased
Durgeshkumar Rashiklal Patel ceased to be Director.
Ceased
Priya Avinash Patel ceased to be Additional Director.
Appointed
Rahul Jayeshbhai Dabhi was appointed as Director.
Appointed
Visatkumar Trikamlal Patel was appointed as Director.
Appointed
Priya Avinash Patel was appointed as Director.
Appointed
Avinash Ashvinbhai Patel was appointed as Director.
Incorporation
14 Jul 2014
Truelife Pharma Private Limited was registered on 14 Jul 2014 with Roc Ahmedabad & aged 12 years 3 months as per MCA records.

Frequently asked questions

Truelife Pharma is an active private limited company based in Kalol, Gujarat, India. The company works in ayurvedic products and services, within the healthcare industry. It was incorporated on 14 July 2014 (12+ years old) and is registered under CIN U24100GJ2014PTC080112.

Truelife Pharma has 4 current directors:

The latest financial statements of Truelife Pharma 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 Truelife Pharma is 24AAFCT0678M1ZZ, registered in Gujarat.

The CIN (Corporate Identification Number) of Truelife Pharma is U24100GJ2014PTC080112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Truelife Pharma has 4 court cases on record: 4 filed against it. 3 are pending.

Truelife Pharma was incorporated on 14 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Truelife Pharma by revenue are The Sadvaidyasala Private Limited, Mrida Greens & Development Private Limited, Horster Biotek Private Limited, all in the Healthcare industry (API Manufacturers, Ayurvedic Products and Services), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Yogesh Patel ceased to be Director on 23 Feb 2023. Durgeshkumar Rashiklal Patel ceased to be Director on 15 Apr 2019. Priya Avinash Patel ceased to be Additional Director on 30 Sep 2017. Truelife Pharma has 7 board changes on record in total.

Yes, Truelife Pharma is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-09-0016234).

Truelife Pharma has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 304 overdue payments to 24 micro and small suppliers. The latest return was filed on 07 Oct 2019.

The registered office of Truelife Pharma is at Shed No 18 19 Shyam Estate Santej – Khatraj Road Santej, Kalol, Gujarat, India – 382721.