Westcoast Pharmaceutical Works Limited - Company Profile

It is a pharma public limited company based in Ahmedabad, Gujarat, India, established in 2007.

2007 Ahmedabad, Gujarat, India Active

Last Updated: March 06, 2026

About Westcoast Pharmaceutical Works Limited

Westcoast Pharmaceutical Works Limited, a active public limited company, was established on 11 April 2007 in Ahmedabad, Gujarat, India. Engaging in drug formulation & development within the manufacturing sector, it holds CIN: U24233GJ2007PLC050504. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.25 Cr.

It upholds a compliant status. Employing 397 professional, Its leadership includes Nareshbhai Kacharalal Patel (Director), Minesh Surendra Parikh (Director), Bipinkumar Bhagwanjibhai Vekaria (Director). Past directors included Chetan Dhireshbhai Shah, Upendrakumar Vishnuprasad Dave, Minesh Surendra Parikh. It holds ₹89.66 Cr open charges and ₹10.26 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2024. It is based at F.P. No. 17 & 16/5 Meldi Estate, Nr. Gota Crossing Chandlodia Gota Road, Gota, Ahmedabad, Gujarat, 382481.

Company Details

CIN/LLPIN
U24233GJ2007PLC050504
Registration Number
050504
Incorporation Date
11 April 2007
Authorized Capital
₹1.50 Cr
Paid-Up Capital
₹1.25 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.50 Cr as on 06-03-2026
Paid Up Capital ₹ 1.25 Cr as on 06-03-2026
Company Age 18 Year, 11 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 89.66 Cr as on 06-03-2026
Satisfied Charges ₹ 10.26 Cr as on 06-03-2026
Revenue Growth **** -2.72% (FY 2024)
Profit Growth **** -349.95% (FY 2024)
Ebitda **** 54.38% (FY 2024)
Net Worth -10.32% (FY 2024)
Total Assets -7.78% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Westcoast Pharmaceutical Works Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

Who are the key members and board of directors at Westcoast Pharmaceutical Works Limited?

Current Directors

Name	Designation	Appointment Date	Status
Nareshbhai Kacharalal Patel	Director	11 Apr 2007	Current
Minesh Surendra Parikh	Director	20 Dec 2022	Current
Bipinkumar Bhagwanjibhai Vekaria	Director	20 Dec 2022	Current
Kamlesh Chandrakantbhai Patel	Whole-Time Director	11 Apr 2007	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	19 Dec 2013	Past
Pramod Abcsdd	Director	01 Apr 2020	Past
Pramod Abcsdd	Additional Director	29 Sep 2023	Past
Pramod Abcsdd	Additional Director	29 Sep 2023	Past
Pramod Abcsdd	Director	01 Dec 2015	Past
Pramod Abcsdd	Managing Director	01 Jan 2016	Past

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Financial Performance of Westcoast Pharmaceutical Works.

Westcoast Pharmaceutical Works Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 2.72% decrease. The company also saw a substantial fall in profitability, with a 349.95% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.32%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-2.72%

*******

Revenue from Operations

*******

-2.43%

*******

Total Assets

*******

-7.78%

*******

Profit or Loss

*******

-349.95%

*******

Net Worth

*******

-10.32%

*******

EBITDA

*******

54.38%

*******

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What is the Ownership and Shareholding Structure of Westcoast Pharmaceutical Works?

In 2024, Westcoast Pharmaceutical Works had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹896,600,000.00

Satisfied Charges

₹102,584,000.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 89.66 Cr

Latest Charge Details

Date	Lender	Amount	Status
25 Aug 2025	Hdfc Bank Limited	₹0.93 M	Open
01 Nov 2022	Hdfc Bank Limited	₹0.70 M	Open
31 Jul 2020	Hdfc Bank Limited	₹1.00 M	Open
17 Jun 2016	Hdfc Bank Limited	₹89.40 Cr	Open
28 Jun 2016	Hdfc Bank Limited	₹5.00 M	Satisfied

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How Many Employees Work at Westcoast Pharmaceutical Works?

Westcoast Pharmaceutical Works has a workforce of 397 employees as of Oct 09, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Westcoast Pharmaceutical Works, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Westcoast Pharmaceutical Works's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Westcoast Pharmaceutical Works

Recent Activity within the Organization

Charges

A charge with Hdfc Bank Limited of Rs. 89.40 Cr registered on 17 Jun 2016 with Charge ID 100042027 was modified on 07 Nov 2025. was recorded as a recent event.
07 Nov 2025
Annual General Meeting

Westcoast Pharmaceutical Works Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Charges

A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 101144623 was registered on 25 Aug 2025. was recorded as a recent event.
25 Aug 2025
Balance Sheet

Westcoast Pharmaceutical Works Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.
31 Mar 2024
Director Appointment

Minesh Surendra Parikh was appointed as a Director was appointed as a Director on 20 Dec 2022 & has been associated with this company since 3 years 2 months . was recorded as a recent event.
20 Dec 2022
Director Appointment

The activity Bipinkumar Bhagwanjibhai Vekaria was appointed as a Director was appointed as a Director on 20 Dec 2022 & has been associated with this company since 3 years 2 months . was completed.
20 Dec 2022

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