MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0112095
Zorex Pharma Private Limited
Zorex Pharma Private Limited - pharma in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.32 Cr
▼ 85% YoY
Net profit · FY 2024
₹5.87 Lakh
Net margin 2.5%
EBITDA · FY 2024
₹10.14 Lakh
EBITDA margin 4.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹27.37 Lakh
Issued & subscribed
Open charges
₹40 Lakh
Satisfied ₹3.15 Cr
Company age
30 yrs
Est. 1996
Directors on board
3
As per MCA filings
About Zorex Pharma Private Limited
Data last updated:
Zorex Pharma Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 13 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1996PTC029593. Its GSTIN is 24AAACZ0361J1ZG (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹27.37 Lakh. It is led by directors including Viral Bhupendrabhai Shah and Bhupendra Shantilal Shah.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.32 Cr, a decline of 85% compared to the previous year. For the same year it recorded a net profit of ₹5.87 Lakh (net margin 2.5%) and EBITDA of ₹10.14 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹40 Lakh and satisfied charges of ₹3.15 Cr on record.
Zorex Pharma Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0112095). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24231GJ1996PTC029593
Registration Number 029593
Incorporation Date 13 May 1996
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0112095
Key People
Viral Bhupendrabhai Shah Director Bhupendra Shantilal Shah Director Jigar Dipak Shah Director Recognitions & Rankings of Zorex Pharma
Contact details
Zorex Pharma Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address12 Visat Apartments Behind Ashima Towers Nr. Sandesh Press, Bodakdev, Ahmedabad, Gujarat, India – 380015
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Zorex Pharma Private Limited, buy the company report.
Comprehensive company report
Zorex 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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Business activity
The main business activity of Zorex 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 Zorex Pharma Private Limited, buy the company report.
Financials of Zorex Pharma Private Limited
FY 2025 filings availableZorex Pharma Private Limited reported revenue of ₹2.32 Cr (down 85% YoY) for FY 2024.
Revenue · FY 2024
₹2.32 Cr ▼ 85%
Net profit · FY 2024
₹5.87 Lakh margin 2.5%
EBITDA · FY 2024
₹10.14 Lakh margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 85%
3 years · compounded
▲ 17%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 99%
3 years · compounded
▲ 45%
5 years · compounded
▲ 17%
Revenue fell 85% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 99% 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 |
|---|---|---|---|---|---|
| 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 | ₹10.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.87 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 2.5% | ||||
| 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 Zorex Pharma Private Limited, buy the company report.
Board of directors of Zorex Pharma Private Limited
Zorex Pharma has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viral Bhupendrabhai Shah | Director | 08 Feb 2010 | 16 Years 8 Months | Current |
| Bhupendra Shantilal Shah | Director | 09 Jan 1997 | 29 Years 9 Months | Current |
| Jigar Dipak Shah | Director | 08 Feb 2010 | 16 Years 8 Months | Current |
Peer comparison
Zorex Pharma Private Limited is compared with the 6 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with 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 |
|---|---|---|---|---|---|---|
| Igp Medi Ventures Private Limited | ₹2.32 Cr (FY 2025) | -32.0% | Lucknow, Uttar Pradesh, India | |||
| Clifford Pharmaceuticals Private Limited | ₹2.32 Cr (FY 2024) | 19.0% | New Delhi, Delhi, India | |||
| Finnmed Biotech Private Limited | ₹2.32 Cr (FY 2024) | 5.0% | Pune, Maharashtra, India | |||
| Zorex Pharma Private Limitedthis company | ₹2.32 Cr (FY 2024) | ₹5.87 Lakh | 2.5% | -85.0% | Ahmedabad, Gujarat, India | |
| Pitrashish Marketing Enterprises Private Limited | ₹2.32 Cr (FY 2025) | -28.0% | Kolkata, West Bengal, India | |||
| Sciana Instruments Private Limited | ₹2.31 Cr (FY 2024) | 57.0% | Hyderabad, Telangana, India | |||
| Classic Medicos Private Limited | ₹2.3 Cr (FY 2020) | -24.0% | Delhi, India |
To see the full peer comparison of Zorex Pharma Private Limited, buy the company report.
Auditor
Zorex Pharma Private Limited is audited by JAYANT HASMUKHLAL SHAH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYANT HASMUKHLAL SHAH | FY 2023 | 115798 |
Shareholding
The shareholding of Zorex Pharma Private 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 Zorex Pharma Private Limited, buy the company report.
Charges & borrowings
Open charges
₹40 Lakh
Satisfied charges
₹3.15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2022 | 100610867 | The Kalupur Commercial Co-Operative Bank Limited | ₹40 Lakh | Open | |
| 22 Apr 2013 | 10424252 | The Kaluput Commercial Co Op Bank Ltd | ₹69.5 Lakh | Satisfied | |
| 23 Apr 2010 | 10217712 | The Kalupur Commercial Co. Op. Bank Ltd. | ₹20 Lakh | Satisfied | |
| 13 Aug 2007 | 10067603 | The Kalupur Commercial Co-Op Bank Ltd. | ₹84 Lakh | Satisfied | |
| 07 Aug 2007 | 10067602 | The Kalupur Commercial Co.Op. Bank Ltd. | ₹20 Lakh | Satisfied |
To see the full charge records of Zorex Pharma Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
No court or tribunal cases involving Zorex 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 Zorex Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Zorex Pharma has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACZ0361J1ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Zorex Pharma Private Limited, buy the company report.
Recent activity
Zorex Pharma Private Limited has 9 board changes on record since 1997: 3 appointments and 6 cessations. The latest: Dipal Shantilal Shah ceased to be Director on 29 Apr 2021.
AGM
Zorex Pharma Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Zorex Pharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 22 Apr 2013 via Charge ID 10424252 with The Kaluput Commercial Co Op Bank Ltd was fully satisfied on 03 Oct 2022.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 100610867 was registered on 02 Sep 2022.
Ceased
Dipal Shantilal Shah ceased to be Director.
Charges
A charge with The Kaluput Commercial Co Op Bank Ltd of Rs. 69.50 Lakh registered on 22 Apr 2013 with Charge ID 10424252 was modified on 27 Apr 2015.
Charges
A charge registered on 23 Apr 2010 via Charge ID 10217712 with The Kalupur Commercial Co. Op. Bank Ltd. was fully satisfied on 23 Apr 2013.
Charges
A charge with The Kaluput Commercial Co Op Bank Ltd amounted to Rs. 69.50 Lakh with Charge ID 10424252 was registered on 22 Apr 2013.
Charges
A charge registered on 17 Jan 2000 via Charge ID 90099111 with The Kalupur Coimmercial Co-Op. Bank Ltd was fully satisfied on 01 Jul 2011.
Charges
A charge with The Kalupur Commercial Co. Op. Bank Ltd. of Rs. 20.00 Lakh registered on 23 Apr 2010 with Charge ID 10217712 was modified on 15 Jun 2011.
Ceased
Jigar Dipak Shah ceased to be Additional Director.
Ceased
Viral Bhupendrabhai Shah ceased to be Additional Director.
29 earlier events are in the company report.
Frequently asked questions
Zorex Pharma is an active private limited company based in Ahmedabad, Gujarat, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 13 May 1996 (30+ years old) and is registered under CIN U24231GJ1996PTC029593.
Zorex Pharma has 3 current directors:
- Viral Bhupendrabhai Shah - Director
- Bhupendra Shantilal Shah - Director
- Jigar Dipak Shah - Director
The latest financial statements of Zorex 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 2015 are in the company report.
The GSTIN of Zorex Pharma is 24AAACZ0361J1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Zorex Pharma is U24231GJ1996PTC029593. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zorex Pharma was incorporated on 13 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Zorex Pharma by revenue are Igp Medi Ventures Private Limited, Clifford Pharmaceuticals Private Limited, Finnmed Biotech Private Limited, Pitrashish Marketing Enterprises Private Limited, Sciana Instruments Private Limited and 1 more, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Dipal Shantilal Shah ceased to be Director on 29 Apr 2021. Jigar Dipak Shah ceased to be Additional Director on 30 Sep 2010. Viral Bhupendrabhai Shah ceased to be Additional Director on 30 Sep 2010. Zorex Pharma has 9 board changes on record in total.
Yes, Zorex Pharma is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0112095).
The registered office of Zorex Pharma is at 12 Visat Apartments Behind Ashima Towers Nr. Sandesh Press, Bodakdev, Ahmedabad, Gujarat, India – 380015.
Zorex Pharma operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
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