DPIIT recognised startup Government of India
Startup India
Upcare Pharma Private Limited - professional services in Ratanpar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.19 Cr
▲ 291% YoY
Net profit · FY 2025
₹9.44 Lakh
Net margin 1.8%
EBITDA · FY 2025
₹14.74 Lakh
EBITDA margin 2.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Upcare Pharma Private Limited
Data last updated:
Upcare Pharma Private Limited is a private limited company based in Ratanpar, Gujarat, India, recognised as a startup by DPIIT. It operates in the management consultancy activity segment of the professional services sector. It was incorporated on 16 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2019PTC110343. Its GSTIN is 24AACCU5041L1ZC (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ghanshyambhai Himatlal Morasiya and Himmatbhai Haribhai Morasiya.
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 Ratanpar, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.19 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹9.44 Lakh (net margin 1.8%) and EBITDA of ₹14.74 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years and 189% over five years.
The company is associated with 1 brand: UpCare Pharma.
Upcare Pharma Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-23-0000423). For more details, the company can be reached via its website upcarepharma.com.
Company details
CIN U74140GJ2019PTC110343
Registration Number 110343
Incorporation Date 16 October 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-23-0000423
Recognitions & Rankings of Upcare Pharma
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-23-0000423
Contact details
Upcare Pharma Private Limited's registered office is in Ratanpar, Gujarat. Its website is upcarepharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRes.Servey No.34 City Servey No 4412 Plot No.18 Shri Hari Complex First Floor Parabcha, Wk, Ratanpar, Gujarat, India – 363020
- IndustryProfessional Services, Management Consultancy Activity, Tax Consultant, Accounting
To see the full contact details of Upcare Pharma Private Limited, buy the company report.
Comprehensive company report
Upcare 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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Brands
Upcare Pharma operates one associated brand: UpCare Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical sourcing, products, and services in India. | upcarepharma.com |
Business activity
The main business activity of Upcare Pharma is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Upcare Pharma Private Limited, buy the company report.
Financials of Upcare Pharma Private Limited
FY 2025 filings availableUpcare Pharma Private Limited reported revenue of ₹5.19 Cr (up 291% YoY) for FY 2025.
Revenue · FY 2025
₹5.19 Cr ▲ 291%
Net profit · FY 2025
₹9.44 Lakh margin 1.8%
EBITDA · FY 2025
₹14.74 Lakh margin 2.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 291%
3 years · compounded
▲ 68%
5 years · compounded
▲ 189%
EBITDA CAGR growth
1 year
▲ 233%
3 years · compounded
▲ 91%
5 years · compounded
▲ 71%
Revenue has grown at a compounded annual rate (CAGR) of 189% over five years, including 291% growth in the latest year. EBITDA rose 233% 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
| 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹14.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.44 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 1.8% | ||||
| 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 Upcare Pharma Private Limited, buy the company report.
Board of directors of Upcare Pharma Private Limited
Upcare Pharma has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ghanshyambhai Himatlal Morasiya Also directs: Upharma R&D Private Limited | Director | 16 Oct 2019 | 7 Years 0 Months | Current |
| Himmatbhai Haribhai Morasiya | Director | 16 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Upcare Pharma Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rongs Enterprises India Private Limited | ₹5.19 Cr (FY 2025) | 5.0% | Bangalore, Karnataka, India | |||
| Disha Alliance Private Limited | ₹5.19 Cr (FY 2024) | 45.0% | Kolkata, West Bengal, India | |||
| Ara Tiles Private Limited | ₹5.19 Cr (FY 2024) | -44.0% | Jaipur, Rajasthan, India | |||
| Narayanaswamy Trading and Construction Private Limited | ₹5.19 Cr (FY 2025) | -52.0% | Hyderabad, Telangana, India | |||
| Estex Telecom Private Limited | ₹5.19 Cr (FY 2025) | -39.0% | New Delhi, Delhi, India | |||
| Upcare Pharma Private Limitedthis company | ₹5.19 Cr (FY 2025) | ₹9.44 Lakh | 1.8% | 291.0% | Ratanpar, Gujarat, India | |
| Zen Medi Devices Private Limited | ₹5.19 Cr (FY 2024) | -53.0% | Patna, Bihar, India | |||
| Kamparrow Woodtek Private Limited | ₹5.19 Cr (FY 2024) | -7.0% | Ahmedabad, Gujarat, India | |||
| KRDB Enterprises Private Limited | ₹5.19 Cr (FY 2024) | -56.0% | Bangalore, Karnataka, India | |||
| Shiv Cotton Mills Pvt Ltd | ₹5.19 Cr (FY 2022) | 30.0% | Delhi, India | |||
| Jai Mangla Mineral Grinders Private Limited | ₹5.19 Cr (FY 2025) | 70.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Upcare Pharma Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Upcare Pharma Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Upcare Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Upcare Pharma has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCU5041L1ZC | Gujarat | Active | 22 Oct 2019 |
To see the full GST registrations and return filing status of Upcare Pharma Private Limited, buy the company report.
Recent activity
Upcare Pharma Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Ghanshyambhai Himatlal Morasiya was appointed as Director on 16 Oct 2019.
AGM
Upcare Pharma Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Upcare Pharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Ghanshyambhai Himatlal Morasiya was appointed as Director.
Appointed
Himmatbhai Haribhai Morasiya was appointed as Director.
Incorporation
16 Oct 2019
Upcare Pharma Private Limited was registered on 16 Oct 2019 with Roc Ahmedabad & aged 7 years 17 days as per MCA records.
Frequently asked questions
Upcare Pharma is an active private limited company based in Ratanpar, Gujarat, India. The company works in management consultancy activity, within the professional services industry. It was incorporated on 16 October 2019 (7+ years old) and is registered under CIN U74140GJ2019PTC110343.
Upcare Pharma has 2 current directors:
- Ghanshyambhai Himatlal Morasiya - Director
- Himmatbhai Haribhai Morasiya - Director
The latest financial statements of Upcare Pharma 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 FY 2020 are in the company report.
The GSTIN of Upcare Pharma is 24AACCU5041L1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Upcare Pharma is U74140GJ2019PTC110343. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Upcare Pharma was incorporated on 16 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Upcare Pharma by revenue are Rongs Enterprises India Private Limited, Disha Alliance Private Limited, Ara Tiles Private Limited, Narayanaswamy Trading and Construction Private Limited, Estex Telecom Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Ghanshyambhai Himatlal Morasiya was appointed as Director on 16 Oct 2019. Himmatbhai Haribhai Morasiya was appointed as Director on 16 Oct 2019.
Yes, Upcare Pharma is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Upcare Pharma is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-23-0000423).
Upcare Pharma can be reached through the website upcarepharma.com. Its registered office is in Ratanpar, Gujarat, India.
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