Aarey Drugs And Pharmaceuticals Limited

Produces APIs, intermediates, specialty chemicals, and industrial chemicals for global markets.

1990 | Thane, Maharashtra (India) | Active
Last Updated: January 06, 2025

Aarey Drugs And Pharmaceuticals Profile

Key Indicators

  • Authorised Capital ₹ 35.50 Cr
  • Paid Up Capital ₹ 28.45 Cr
  • Company Age 34 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 64.44 Cr
  • Satisfied Charges ₹ 38.84 Cr
  • Revenue Growth -4.53%
  • Profit Growth 24.20%
  • Ebitda -16.06%
  • Net Worth 13.07%
  • Total Assets 4.11%

About Aarey Drugs And Pharmaceuticals

Aarey Drugs And Pharmaceuticals Limited (ADAPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 May 1990 and has a history of 34 years and nine months. Its registered office is in Thane, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524412 and on the National Stock Exchange(NSE) under AAREYDRUGS.

The Corporate was formerly known as Niharika Textiles And Chemicals Private Limited. The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 35.50 Cr and a paid-up capital of Rs 28.45 Cr.

The company currently has active open charges totaling ₹64.44 Cr. The company has closed loans amounting to ₹38.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Aarey Drugs And Pharmaceuticals Limited India is Mira Ghatalia as CFO. Mihir Ghatalia, Bina Ghatalia, Chetan Mehta, and Three other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    aareydrugs.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L99999MH1990PLC056538

  • Company No.

    056538

  • Stock Symbol

    BSE : 524412 NSE : AAREYDRUGS

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 May 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials
Pharma

What products or services does Aarey Drugs And Pharmaceuticals Limited offer?

Aarey Drugs And Pharmaceuticals Limited offers a wide range of products and services, including Organic and Inorganic Solvents, Alcohol Solvents, Industrial Chemicals & Supplies, Agro Chemicals, Chlorinated Solvents, Organic Chemicals, N-Propyl Acetate, Chemical Intermediates, Acetic Acid, Diacetone Alcohol.

Who are the key members and board of directors at Aarey Drugs And Pharmaceuticals?

Executive Team (2)

NameDesignationAppointment DateStatus
Mihir Ghatalia Country flag representing In Managing Director02-Aug-2004Current
Mira Ghatalia CFO04-Jan-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Nimit Ghatalia Country flag representing In Director 01-Jul-2020Current
Chetan Mehta Country flag representing In Director 02-Jun-2008Current
Bina Ghatalia Country flag representing In Director 09-Oct-2023Current
Lalit Tulsiani Country flag representing In Director 29-Jan-2020Current
Anil Mandal Country flag representing In Director 01-Jul-2020Current

Financial Performance of Aarey Drugs And Pharmaceuticals.

Aarey Drugs And Pharmaceuticals Limited, for the financial year ended 2024, experienced Minor drop in revenue, with a 4.53% decrease. The company also saw a substantial improvement in profitability, with a 24.2% increase in profit. The company's net worth Soared by an impressive increase of 13.07%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
-4.53%
Revenue from Operations
-5.09%
Total Assets
4.11%
Profit or Loss
24.20%
Net Worth
13.07%
EBITDA
-16.06%

What is the Ownership and Shareholding Structure of Aarey Drugs And Pharmaceuticals?

In 2023, Aarey Drugs And Pharmaceuticals had a promoter holding of 50.05% and a public holding of 49.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹64.44 Cr

Satisfied Charges

₹38.84 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 64.44 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jan 2023State Bank Of India₹64.44 CrOpen
19 Dec 2022Others₹1.67 CrSatisfied
12 Sep 2022Others₹4.00 CrSatisfied
07 Sep 2021Others₹3.34 CrSatisfied
23 Apr 2020Others₹1.95 CrSatisfied

How Many Employees Work at Aarey Drugs And Pharmaceuticals?

Unlock and access historical data on people associated with Aarey Drugs And Pharmaceuticals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Aarey Drugs And Pharmaceuticals, 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 Aarey Drugs And Pharmaceuticals's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Aarey Drugs And Pharmaceuticals

Recent activity within the organization

  • Annual General Meeting

    Aarey Drugs And Pharmaceuticals Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with State Bank Of India of Rs. 64.44 Cr registered on 23 Jan 2023 with Charge ID 100675561 was modified on 15 May 2024.

    15 May 2024

  • Charges

    A charge registered on 28 Jul 2014 via Charge ID 10516189 with Dena Bank was fully satisfied on 29 Apr 2024.

    29 Apr 2024

  • Charges

    A charge registered on 19 Dec 2022 via Charge ID 100656597 with Others was fully satisfied on 15 Apr 2024.

    15 Apr 2024

  • Charges

    A charge registered on 07 Sep 2021 via Charge ID 100493749 with Others was fully satisfied on 15 Apr 2024.

    15 Apr 2024

  • Balance Sheet

    Aarey Drugs And Pharmaceuticals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Aarey Drugs And Pharmaceuticals Limited was incorporated on 15 May 1990.

  • The authorized share capital of Aarey Drugs And Pharmaceuticals Limited is ₹ 35.50 Cr and paid-up capital is ₹ 28.45 Cr.

  • Currently 7 directors are associated with Aarey Drugs And Pharmaceuticals Limited.

    • Mihir Rajesh Ghatalia
    • Bina Rajesh Ghatalia
    • Chetan Kiritbhai Mehta
    • Lalit Radhakrishna Tulsiani
    • Nimit Rajesh Ghatalia
    • Anil Mandal
    • Mira Mihir Ghatalia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Aarey Drugs And Pharmaceuticals Limited is E-34 M.I.D.C. Tarapur Boisar, India, Thane, Maharashtra, 401506.

  • The corporate identification number (CIN) of Aarey Drugs And Pharmaceuticals Limited is L99999MH1990PLC056538 and the company number is 056538 as per Ministry of Corporate Affairs (MCA).

  • Yes, Aarey Drugs And Pharmaceuticals Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): AAREYDRUGS.

  • The Official website of Aarey Drugs And Pharmaceuticals Limited is https://www.aareydrugs.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Aarey Drugs And Pharmaceuticals Limited has fallen by -4.53%.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Aarey Drugs And Pharmaceuticals Limited has experienced an upsurge of 13.07%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Aarey Drugs And Pharmaceuticals Limited amount to ₹ 64.44 Cr.

  • The most recent Balance Sheet for Aarey Drugs And Pharmaceuticals Limited was filed with the ROC on 31 Mar 2024.

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