

Troikaa Pharmaceuticals Profile
Key Indicators
- Authorised Capital ₹ 68.00 Cr
- Paid Up Capital ₹ 62.55 Cr
- Company Age 30 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,310.79 Cr
- Satisfied Charges ₹ 111.11 Cr
- Revenue Growth 14.99%
- Profit Growth 72.22%
- Ebitda 83.87%
- Net Worth -0.55%
- Total Assets 3.91%
About Troikaa Pharmaceuticals
Troikaa Pharmaceuticals Limited (TPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 31 May 1994 and has a history of 30 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Troikaa Exports Limited. The Company is engaged in the Pharma 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 68.00 Cr and a paid-up capital of Rs 62.55 Cr.
The company currently has active open charges totaling ₹1,310.79 Cr. The company has closed loans amounting to ₹111.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Troikaa Pharmaceuticals Limited India are Jagrut Desai as CFO and Shivangi Gajjar as Company Secretary. Ketan Patel, Milan Patel, Sushma Patel, and Six other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24100GJ1994PLC022162
- Company No.
022162
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
31 May 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Troikaa Pharmaceuticals Limited offer?
Troikaa Pharmaceuticals Limited offers a wide range of products and services, including Pain Relief Drugs & Pharmaceuticals, Anesthetic, Pharmaceutical Medicine, Pharmaceutical Syrup, Dry Syrups, Generic Pharmaceuticals, Skin Care Cosmetics, Skin Gel, Anti Infective Agent, Antiprotozoal Drug.
Who are the key members and board of directors at Troikaa Pharmaceuticals?
Executive Team (4)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Milan Patel ![]() | Managing Director | 31-May-1994 | Current |
Ketan Patel ![]() | Managing Director | 31-May-1994 | Current |
Jagrut Desai | CFO | 14-Mar-2022 | Current |
Shivangi Gajjar | Company Secretary | 18-Mar-2025 | Current |
Board Members (7)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Subir Das ![]() | Director | 03-Feb-2020 | Current |
Asheel Patel ![]() | Whole-Time Director | 01-Apr-2021 | Current |
Sushma Patel ![]() | Whole-Time Director | 02-May-2016 | Current |
Binita Patel ![]() | Whole-Time Director | 02-May-2016 | Current |
Achyutkumar Patel ![]() | Whole-Time Director | 24-Oct-2015 | Current |
Prakash Shah ![]() | Director | 08-Aug-2023 | Current |
Financial Performance of Troikaa Pharmaceuticals.
Troikaa Pharmaceuticals Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 14.99% increase. The company also saw a substantial improvement in profitability, with a 72.22% increase in profit. The company's net worth dipped by a decrease of 0.55%.


- Key Matrics
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What is the Ownership and Shareholding Structure of Troikaa Pharmaceuticals?
In 2024, Troikaa Pharmaceuticals had a promoter holding of 97.59% and a public holding of 2.41%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)
₹1,310.79 Cr
₹111.11 Cr
Charges Breakdown by Lending Institutions
- Others : 1154.57 Cr
- Standard Chartered Bank : 70.31 Cr
- Hdfc Bank Limited : 47.32 Cr
- Bank Of Baroda : 38.58 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
13 Mar 2025 | Others | ₹18.60 Cr | Open |
10 Mar 2025 | Hdfc Bank Limited | ₹45.00 Cr | Open |
20 Dec 2024 | Hdfc Bank Limited | ₹1.70 M | Open |
16 Oct 2024 | Hdfc Bank Limited | ₹1.62 M | Open |
27 Sep 2024 | Others | ₹60.00 Cr | Open |
How Many Employees Work at Troikaa Pharmaceuticals?
Troikaa Pharmaceuticals has a workforce of 3558 employees as of Feb 24, 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.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Troikaa 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 Troikaa Pharmaceuticals'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.
Latest Updates, News, and FAQs on Troikaa Pharmaceuticals
Recent activity within the organization
- Director Appointment
Shivangi Gajjar was appointed as a Company Secretary was appointed as a Company Secretary on 18 Mar 2025 & has been associated with this company since 1 month 24 days .
- Charges
A charge with Others amounted to Rs. 18.60 Cr with Charge ID 101067261 was registered on 13 Mar 2025.
- Charges
A charge with Others of Rs. 553.20 Cr registered on 27 Sep 2007 with Charge ID 10071482 was modified on 13 Mar 2025.
- Charges
A charge with Others of Rs. 268.70 Cr registered on 27 Sep 2007 with Charge ID 10071502 was modified on 13 Mar 2025.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 45.00 Cr with Charge ID 101058627 was registered on 10 Mar 2025.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 101018741 was registered on 20 Dec 2024.
Recent News, Updates & Announcement
- Troikaa Pharmaceuticals moves HC on grant of licences to Novartis injection | Mint.
Troikaa pharmaceutical alleged that the approval for manufacturing and marketing of the injection is arbitrary in view of safety concerns over Transcutol.
Frequently asked questions
What is the Incorporation or founding date of Troikaa Pharmaceuticals Limited?
Troikaa Pharmaceuticals Limited was incorporated on 31 May 1994.
What is authorized share capital and paid-up capital of Troikaa Pharmaceuticals Limited?
The authorized share capital of Troikaa Pharmaceuticals Limited is ₹ 68.00 Cr and paid-up capital is ₹ 62.55 Cr.
Who are the current board members & directors of Troikaa Pharmaceuticals Limited?
Currently 11 directors are associated with Troikaa Pharmaceuticals Limited.
- Ketan Rajnikant Patel
- Milan Rajnikant Patel
- Sushma Ketan Patel
- Binita Milan Patel
- Achyutkumar Dadubhai Patel
- Prakash Jayantilal Shah
- Subir Kumar Das
- Padmin Hasitkant Buch
- Asheel Ketan Patel
- Jagrut Jawaharbhai Desai
- Shivangi Gajjar
What is the registered address of Troikaa Pharmaceuticals Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Troikaa Pharmaceuticals Limited is Troikaa House Commerce House-1 Satya Marg, India, Ahmadabad City, Gujarat, 380054.
What is the corporate identification number (CIN) and company number of Troikaa Pharmaceuticals Limited?
The corporate identification number (CIN) of Troikaa Pharmaceuticals Limited is U24100GJ1994PLC022162 and the company number is 022162 as per Ministry of Corporate Affairs (MCA).
What is the official website of Troikaa Pharmaceuticals Limited?
The Official website of Troikaa Pharmaceuticals Limited is https://www.troikaa.com
What has been the recent revenue trend for Troikaa Pharmaceuticals Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Troikaa Pharmaceuticals Limited has risen by 14.99%.
How many employees does Troikaa Pharmaceuticals Limited currently have?
As Per 2024 financial reports, 3558 employees are currently employed by Troikaa Pharmaceuticals Limited.
What change has been observed in the net worth of Troikaa Pharmaceuticals Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Troikaa Pharmaceuticals Limited has experienced an downturn of -0.55%.
What are the total open charges for Troikaa Pharmaceuticals Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Troikaa Pharmaceuticals Limited amount to ₹ 1,310.79 Cr.
When was the last Balance Sheet of Troikaa Pharmaceuticals Limited filed with the ROC?
The most recent Balance Sheet for Troikaa Pharmaceuticals Limited was filed with the ROC on 31 Mar 2024.
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