- Category
- Small (2023-24)
- Udyam number
- UDYAM-UK-12-0005978

About Sndev Healthcare Limited
Data last updated:
Sndev Healthcare Limited is a public limited company based in Kandivlai West, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 07 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24233MH2005PLC369596. Its GSTIN is 27AAACU8348Q1ZI (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.1 Cr. It was formerly known as Uttaranchal Biotech Limited. It is led by directors including Rahul Ashokkumar Jain and Uttamchand Kesharimal Jain.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 30 A Government Industrial Estate, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.17 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹6.92 Cr (net margin 12.5%) and EBITDA of ₹10.55 Cr (EBITDA margin 19.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 9% over five years.
As per MCA filings, the company has satisfied charges of ₹20.12 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Sndev Healthcare Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-12-0005978). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website axiommax.com.
Company details
CIN history
Sndev Healthcare has one previous CIN (Corporate Identification Number): U24233DL2005PLC140455. The current CIN is U24233MH2005PLC369596, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24233MH2005PLC369596 | Current |
| U24233DL2005PLC140455 | Previous |
Recognitions & Rankings of Sndev Healthcare
Contact details
Sndev Healthcare Limited's registered office is in Kandivlai West, Maharashtra. Its website is axiommax.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address30 A Government Industrial Estate, Charkop Kandivali (West) Mumbai Maharashtra India Pin 400067, Kandivlai West, Maharashtra, India – 400067
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Sndev Healthcare Limited, buy the company report.
- 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
Business activity
The main business activity of Sndev Healthcare is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Sndev Healthcare Limited, buy the company report.
Financials of Sndev Healthcare Limited
FY 2025 filings availableSndev Healthcare Limited reported revenue of ₹55.17 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 14% growth in the latest year. EBITDA rose 29% 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 |
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| EBITDA | ₹10.55 Cr | ||||
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| Net Profit (PAT) | ₹6.92 Cr | ||||
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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 | 19.1% | ||||
| Net Profit Margin | 12.5% | ||||
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To see the full financial statements and ratios of Sndev Healthcare Limited, buy the company report.
Board of directors of Sndev Healthcare Limited
Sndev Healthcare has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Ashokkumar Jain Also directs: VHB Medi Sciences Limited, Korten Pharmaceuticals Private Limited, VHB Life Sciences Limited and 2 more | Director | 22 Sep 2008 | 18 Years 1 Months | Current |
| Rohan Jain Ashok Also directs: Lyvex Medical Devices Private Limited | Additional Director | 03 Nov 2025 | 0 Years 11 Months | Current |
| Uttamchand Kesharimal Jain Also directs: Neon Laboratories Limited, Axiommax Oncology Private Limited, VHB Pharmaceuticals Private Limited and 5 more | Director | 24 Mar 2008 | 18 Years 7 Months | Current |
| Abhay Uttamchand Jain Also directs: Neon Laboratories Limited, Lyvex Medical Devices Private Limited, Surajlok Chemicals Private Limited and 4 more | Director | 22 Sep 2008 | 18 Years 1 Months | Current |
| Pravin Keshrimal Jain Also directs: Neon Laboratories Limited, VHB Pharmaceuticals Private Limited, VHB Medi Sciences Limited and 5 more | Director | 24 Mar 2008 | 18 Years 7 Months | Current |
Peer comparison
Sndev Healthcare Limited is compared with the 4 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nandani Medical Laboratories Pvt Ltd | ₹55.89 Cr (FY 2024) | 37.0% | Indore, Madhya Pradesh, India | |||
| Aerol Formulations Private Limited | ₹55.39 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Sndev Healthcare Limitedthis company | ₹55.17 Cr (FY 2025) | ₹6.92 Cr | 12.5% | 14.0% | Kandivlai West, Maharashtra, India | |
| Cu-V-Kar Genetic Medicine Private Limited | ₹55.11 Cr (FY 2024) | 38.0% | Chennai, Tamil Nadu, India | |||
| Kamla Lifesciences Limited | ₹54.89 Cr (FY 2024) | 115.0% | Boisar, Maharashtra, India |
To see the full peer comparison of Sndev Healthcare Limited, buy the company report.
Auditor
Sndev Healthcare Limited is audited by JANAK MAJETHIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JANAK MAJETHIA & ASSOCIATES | FY 2023 | 104037W |
Shareholding
The shareholding of Sndev Healthcare 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sndev Healthcare Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 2013 | 10456354 | Others | ₹5 Cr | Satisfied | |
| 15 Mar 2007 | 10084609 | Canara Bank | ₹15.12 Cr | Satisfied |
To see the full charge records of Sndev Healthcare Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Sndev Healthcare Limited has 2 court cases on record: 1 filed by Sndev Healthcare, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Jigar Kirit Kumar Shah Proprietor and Cheque Signatory of Ms Shreeji Pharma Chem | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Sndev Healthcare Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sndev Healthcare Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sndev Healthcare has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU8348Q1ZI | Maharashtra | Active | 03 Jul 2023 |
| 27AAACU8348Q2ZH | Maharashtra | Active | 31 Mar 2025 |
| 05AAACU8348Q1ZO | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sndev Healthcare Limited, buy the company report.
Recent activity
Sndev Healthcare Limited has 11 board changes on record since 2008: 5 appointments and 6 cessations. The latest: Rohan Jain Ashok was appointed as Additional Director on 03 Nov 2025.
8 earlier events are in the company report.
Frequently asked questions
Sndev Healthcare is an active public limited company based in Kandivlai West, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 07 September 2005 (21+ years old) and is registered under CIN U24233MH2005PLC369596.
Sndev Healthcare has 5 current directors:
- Rahul Ashokkumar Jain - Director
- Rohan Jain Ashok - Additional Director
- Uttamchand Kesharimal Jain - Director
- Abhay Uttamchand Jain - Director
- Pravin Keshrimal Jain - Director
The latest financial statements of Sndev Healthcare on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sndev Healthcare is 27AAACU8348Q1ZI, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACU8348Q2ZH (Maharashtra), 05AAACU8348Q1ZO (Uttarakhand).
The CIN (Corporate Identification Number) of Sndev Healthcare is U24233MH2005PLC369596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sndev Healthcare has 2 court cases on record: 1 filed by the company and 1 filed against it.
Sndev Healthcare was incorporated on 07 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sndev Healthcare by revenue are Nandani Medical Laboratories Pvt Ltd, Aerol Formulations Private Limited, Cu-V-Kar Genetic Medicine Private Limited, Kamla Lifesciences Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Rohan Jain Ashok was appointed as Additional Director on 03 Nov 2025. Sita Ram Garg ceased to be Managing Director on 05 Jan 2009. Rajeev Garg ceased to be Director on 16 Oct 2008. Sndev Healthcare has 11 board changes on record in total.
Yes, Sndev Healthcare is registered as a small enterprise under Udyam registration (number: UDYAM-UK-12-0005978).
Sndev Healthcare can be reached through the website axiommax.com. Its registered office is in Kandivlai West, Maharashtra, India.