About Vernell Pharma Private Limited
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Vernell Pharma 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 23 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC296511. Its GSTIN is 27AAFCV9858H1ZM (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mithalal Jain Pukhraj and Naresh Mithalal Jain.
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 – 107 Badrinath Apartment 60 Feet Road Bhayander – West, Thane, Maharashtra, India – 401101.
As per the financials filed for FY 2024, the company reported a revenue of ₹93.29 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹9.18 Lakh (net margin 9.8%) and EBITDA of ₹22 Lakh (EBITDA margin 23.6%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 372% over five years.
The company is associated with 1 brand: Vernell Pharma.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vernellpharma.com.
Company details
Contact details
Vernell Pharma Private Limited's registered office is in Thane, Maharashtra. Its website is vernellpharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 107 Badrinath Apartment 60 Feet Road Bhayander – West, Thane, Maharashtra, India – 401101
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Vernell Pharma Private 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
Brands
Vernell Pharma operates one associated brand: Vernell Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical, nutraceutical, and surgical product manufacturing and supplying in India. | vernellpharma.com |
Business activity
The main business activity of Vernell Pharma 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 Vernell Pharma Private Limited, buy the company report.
Financials of Vernell Pharma Private Limited
FY 2025 filings availableVernell Pharma Private Limited reported revenue of ₹93.29 Lakh (down 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 33% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 372%. EBITDA fell 19% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹22 Lakh | ||||
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| Net Profit (PAT) | ₹9.18 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 23.6% | ||||
| Net Profit Margin | 9.8% | ||||
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To see the full financial statements and ratios of Vernell Pharma Private Limited, buy the company report.
Board of directors of Vernell Pharma Private Limited
Vernell Pharma has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mithalal Jain Pukhraj Also directs: M M Plastoware (India) Private Limited | Director | 23 Jun 2017 | 9 Years 4 Months | Current |
| Naresh Mithalal Jain | Director | 23 Jun 2017 | 9 Years 4 Months | Current |
Peer comparison
Vernell Pharma Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Soulsitara Wellness Products Private Limited | ₹93.46 Lakh (FY 2024) | 145.0% | Erode, Tamil Nadu, India | |||
| Vedall Pharma Private Limited | ₹93.43 Lakh (FY 2024) | -44.0% | Chennai, Tamil Nadu, India | |||
| SPG Medisafe Private Limited | ₹93.39 Lakh (FY 2024) | 110.0% | Thane, Maharashtra, India | |||
| Sparge Chem Private Limited | ₹93.36 Lakh (FY 2024) | 103.0% | Pune, Maharashtra, India | |||
| Nutri Gallus Private Limited | ₹93.31 Lakh (FY 2020) | 5.0% | Gautam Buddha Nagar, Uttar Pradesh, India | |||
| Vernell Pharma Private Limitedthis company | ₹93.29 Lakh (FY 2024) | ₹9.18 Lakh | 9.8% | -33.0% | Thane, Maharashtra, India | |
| Medmore Pharma Private Limited | ₹93.12 Lakh (FY 2025) | -1.0% | Hyderabad, Telangana, India | |||
| Zycure Health Care Private Limited | ₹92.89 Lakh (FY 2025) | 11.0% | Thane, Maharashtra, India | |||
| Sangeera Services Private Limited | ₹92.88 Lakh (FY 2022) | 583.0% | Delhi, India | |||
| Amrutha Chemicals Pvt Ltd. | ₹92.77 Lakh (FY 2024) | -13.0% | Hyderabad, Telangana, India | |||
| Dr. Thakkar's Pharmaceuticals Private Limited | ₹92.73 Lakh (FY 2023) | -46.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Vernell Pharma Private Limited, buy the company report.
Auditor
Vernell Pharma Private Limited is audited by MEHTA CHETAN & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA CHETAN & ASSOCIATES | FY 2021 | 136184W |
Shareholding
The shareholding of Vernell Pharma Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vernell Pharma Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vernell 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 Vernell Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vernell Pharma has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCV9858H1ZM | Maharashtra | Active | 23 Jul 2017 |
To see the full GST registrations and return filing status of Vernell Pharma Private Limited, buy the company report.
Recent activity
Vernell Pharma Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Mithalal Jain Pukhraj was appointed as Director on 23 Jun 2017.
Frequently asked questions
Vernell Pharma 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 23 June 2017 (9+ years old) and is registered under CIN U74999MH2017PTC296511.
Vernell Pharma has 2 current directors:
- Mithalal Jain Pukhraj - Director
- Naresh Mithalal Jain - Director
The latest financial statements of Vernell 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 2018 are in the company report.
The GSTIN of Vernell Pharma is 27AAFCV9858H1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vernell Pharma is U74999MH2017PTC296511. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vernell Pharma was incorporated on 23 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Vernell Pharma by revenue are Soulsitara Wellness Products Private Limited, Vedall Pharma Private Limited, SPG Medisafe Private Limited, Sparge Chem Private Limited, Nutri Gallus Private Limited and 5 more, all in the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Mithalal Jain Pukhraj was appointed as Director on 23 Jun 2017. Naresh Mithalal Jain was appointed as Director on 23 Jun 2017.
Vernell Pharma can be reached through the website vernellpharma.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Vernell Pharma is at A – 107 Badrinath Apartment 60 Feet Road Bhayander – West, Thane, Maharashtra, India – 401101.
Vernell Pharma operates in the pharma industry, in the drug formulation and development segment.