About Westcoast Pharmaceutical Works Limited
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Westcoast Pharmaceutical Works Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 11 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24233GJ2007PLC050504. Its GSTIN is 24AAACW7013Q1Z2 (Gujarat). The company holds 14 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors including Kamlesh Chandrakantbhai Patel (Whole-Time Director) and Nareshbhai Kacharalal Patel.
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 F.P. No. 17 & 16/5 Meldi Estate Nr. Gota Crossing Chandlodia Gota Road Gota, Ahmedabad, Gujarat, India – 382481.
As per the financials filed for FY 2025, the company reported a revenue of ₹154.27 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹14.03 Cr (net margin 9.1%) and EBITDA of ₹41.76 Cr (EBITDA margin 27.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
The company has about 375 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Westcoast Pharmaceuticals. As per MCA filings, the company has open charges of ₹91.87 Cr and satisfied charges of ₹10.26 Cr on record. Court records list 24 cases involving the company, including 4 filed by the company and 20 filed against it; 4 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in July 2007. Its 8 peer companies in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 larger and 3 smaller; the largest is Pell Tech Health Care Private Limited with revenue of ₹118.72 Cr. The company has 5 MSME Form 1 returns on record between 2021 and 2024, listing 506 overdue payments to 96 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website westcoastin.com.
Company details
Contact details
Westcoast Pharmaceutical Works Limited's registered office is in Ahmedabad, Gujarat. Its website is westcoastin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressF.P. No. 17 & 16/5 Meldi Estate Nr. Gota Crossing Chandlodia Gota Road Gota, Ahmedabad, Gujarat, India – 382481
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Westcoast Pharmaceutical Works 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
Westcoast Pharmaceutical Works operates one associated brand: Westcoast Pharmaceuticals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures pharmaceutical formulations and nutraceuticals as a traditional company. | westcoastin.com |
Business activity
The main business activity of Westcoast Pharmaceutical Works 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 Westcoast Pharmaceutical Works Limited, buy the company report.
Financials of Westcoast Pharmaceutical Works Limited
FY 2025 filings availableWestcoast Pharmaceutical Works Limited reported revenue of ₹154.27 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over three years, including 31% growth in the latest year. EBITDA rose 215% 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 | |||||
| Total Revenue | ₹154.27 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹41.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.03 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.1% | ||||
| Net Profit Margin | 9.1% | ||||
| 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 Westcoast Pharmaceutical Works Limited, buy the company report.
Board of directors of Westcoast Pharmaceutical Works Limited
Westcoast Pharmaceutical Works has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamlesh Chandrakantbhai Patel Also directs: Wesco Construction LLP, Wesco Lifestyle Private Limited, Wesco Laboratories Private Limited and 3 more | Whole-Time Director | 11 Apr 2007 | 19 Years 7 Months | Current |
| Nareshbhai Kacharalal Patel | Director | 11 Apr 2007 | 19 Years 7 Months | Current |
| Minesh Surendra Parikh Also directs: Kadam Packmat LLP | Director | 20 Dec 2022 | 3 Years 10 Months | Current |
| Bipinkumar Bhagwanjibhai Vekaria Also directs: Oceanic Industries Private Limited | Director | 20 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Westcoast Pharmaceutical Works Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Westcoast Pharmaceutical Works Limitedthis company | ₹154.27 Cr (FY 2025) | ₹14.03 Cr | 9.1% | 31.0% | 375 | Ahmedabad, Gujarat, India |
| Pell Tech Health Care Private Limited | ₹118.72 Cr (FY 2025) | 16.0% | Thane, Maharashtra, India | |||
| Ronak Healthcare Private Limited | ₹118.43 Cr (FY 2025) | 79.0% | Vadodara, Gujarat, India | |||
| Zen Pharma Private Limited | ₹118.25 Cr (FY 2022) | 24.0% | Mumbai, Maharashtra, India | |||
| Anglo-French Drugs & Industries Limited | ₹117.99 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Bioaltus Pharmaceuticals Private Limited | ₹117.77 Cr (FY 2025) | 26.0% | Thane, Maharashtra, India | |||
| Crius Life Sciences Private Limited | ₹116.77 Cr (FY 2025) | 3.0% | Nalagarh, Himachal Pradesh, India | |||
| Kerala State Drugs and Pharmaceuticals Ltd | ₹116.23 Cr (FY 2024) | 41.0% | Alappuzha, Kerala, India | |||
| Ar-Ex Laboratories Private Limited | ₹115.46 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Westcoast Pharmaceutical Works Limited, buy the company report.
Auditor
Westcoast Pharmaceutical Works Limited is audited by G. K. CHOKSI & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G. K. CHOKSI & CO | FY 2024 | 101895W |
Shareholding
The shareholding of Westcoast Pharmaceutical Works 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 category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Westcoast Pharmaceutical Works Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jul 2026 | 101334680 | Hdfc Bank Limited | ₹1.27 Cr | Open | |
| 25 Aug 2025 | 101144623 | Hdfc Bank Limited | ₹9.27 Lakh | Open | |
| 01 Nov 2022 | 100630224 | Hdfc Bank Limited | ₹7 Lakh | Open | |
| 31 Jul 2020 | 100362732 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 17 Jun 2016 | 100042027 | Hdfc Bank Limited | ₹90.34 Cr | Open |
To see the full charge records of Westcoast Pharmaceutical Works Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Westcoast Pharmaceutical Works Limited has 1 deal on record (1 acquisition); the latest was in July 2007.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2007 | Acquisition | ₹75 Lakh | Buyer: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Westcoast Pharmaceutical Works Limited has 24 court cases on record: 4 filed by Westcoast Pharmaceutical Works, 20 filed against it. 4 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 12 | 3 |
| High courts | 8 | 8 | 1 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (TMSUIT) | Filed against the company by Sovarix Bioscience LLP. | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Dr.Reddys Laboratories Limited | Disposed |
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed against the company by Salve Pharmaceuticals Pvt. Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Boehringer Ingelheim (India) Pvt.Ltd and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Boehringer Ingelheim (India) Pvt.Ltd and 1 other | Disposed |
To see the full case history of Westcoast Pharmaceutical Works 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
Westcoast Pharmaceutical Works Limited has 5 MSME Form 1 returns on record between 2021 and 2024, listing 506 overdue payments to 96 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 96)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Global Packaging Industries-Ahmedabad | |||
| Dhruvi Offset-Ahmedabad | |||
| an individual supplier |
To see the full MSME payment records of Westcoast Pharmaceutical Works Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Westcoast Pharmaceutical Works Limited has a workforce of 375 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 375 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Westcoast Pharmaceutical Works Limited, buy the company report.
GST
Westcoast Pharmaceutical Works has 14 GST registrations: 10 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACW7013Q1Z2 | Gujarat | Active | 01 Jul 2017 |
| 24AAACW7013Q2Z1 | Gujarat | Active | 01 Apr 2025 |
| 29AAACW7013Q1ZS | Karnataka | Active | 20 Aug 2018 |
| 27AAACW7013Q1ZW | Maharashtra | Active | 04 Mar 2020 |
To see the full GST registrations and return filing status of Westcoast Pharmaceutical Works Limited, buy the company report.
Recent activity
Westcoast Pharmaceutical Works Limited has 10 board changes on record since 2007: 4 appointments and 6 cessations. The latest: Bipinkumar Bhagwanjibhai Vekaria ceased to be Additional Director on 29 Sep 2023.
16 earlier events are in the company report.
Frequently asked questions
Westcoast Pharmaceutical Works is an active public limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 11 April 2007 (19+ years old) and is registered under CIN U24233GJ2007PLC050504.
Westcoast Pharmaceutical Works has 4 current directors:
- Kamlesh Chandrakantbhai Patel - Whole-Time Director
- Nareshbhai Kacharalal Patel - Director
- Minesh Surendra Parikh - Director
- Bipinkumar Bhagwanjibhai Vekaria - Director
The latest financial statements of Westcoast Pharmaceutical Works 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 2015 are in the company report.
The GSTIN of Westcoast Pharmaceutical Works is 24AAACW7013Q1Z2, registered in Gujarat. The company has 14 GST registrations in all, of which 10 are active and 4 are cancelled or inactive. Other active GSTINs include 24AAACW7013Q2Z1 (Gujarat), 29AAACW7013Q1ZS (Karnataka), 27AAACW7013Q1ZW (Maharashtra).
The CIN (Corporate Identification Number) of Westcoast Pharmaceutical Works is U24233GJ2007PLC050504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Westcoast Pharmaceutical Works has 24 court cases on record: 4 filed by the company and 20 filed against it. 4 are pending. Most are in the district courts.
Westcoast Pharmaceutical Works was incorporated on 11 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Westcoast Pharmaceutical Works has 1 deal on record (1 acquisition); the latest was in July 2007.
The peers of Westcoast Pharmaceutical Works by revenue are Pell Tech Health Care Private Limited, Ronak Healthcare Private Limited, Zen Pharma Private Limited, Anglo-French Drugs & Industries Limited, Bioaltus Pharmaceuticals Private Limited and 3 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Bipinkumar Bhagwanjibhai Vekaria ceased to be Additional Director on 29 Sep 2023. Minesh Surendra Parikh ceased to be Additional Director on 29 Sep 2023. Bipinkumar Bhagwanjibhai Vekaria was appointed as Director on 20 Dec 2022. Westcoast Pharmaceutical Works has 10 board changes on record in total.
Westcoast Pharmaceutical Works has 5 MSME Form 1 returns on record between 2021 and 2024, listing 506 overdue payments to 96 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Westcoast Pharmaceutical Works can be reached through the website westcoastin.com. Its registered office is in Ahmedabad, Gujarat, India.
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