Panchsheel Organics

What Panchsheel Organics does

Panchsheel Organics Limited (POLTD) is a publicly listed Indian pharmaceutical company (BSE scrip code 531726) founded circa 1989-1990, headquartered in Mumbai with a multipurpose manufacturing unit at Indore (Madhya Pradesh) and additional facilities at Vasai and Ambernath. The company manufactures and exports a diversified pharmaceutical and life-sciences portfolio spanning active pharmaceutical ingredients (APIs), intermediates, nutraceuticals, vitamins, hormones, steroids, finished dosage formulations (human and veterinary), agri-biotech products (biofertilizers, biostimulants, growth promoters), aquaculture products, and dehydrated culture media. Revenue mix is anchored in B2B contract manufacturing, custom synthesis, and job work for large Indian pharmaceutical manufacturers, with a direct-to-consumer nutraceuticals channel through the company-owned Turakhia Bros Shop e-commerce storefront.

The corporate structure comprises the parent entity and three wholly-owned subsidiaries: Panchsheel Agri Bio-Tech Pvt Ltd (probiotics, enzymes, biofertilizers, organic fertilizers, and aquaculture/poultry products); Gene Biotech Pvt Ltd (dehydrated culture media manufacturing at Ambernath with R&D at Vasai); and Invochem Laboratory (a 1996-established, government-approved public testing laboratory at Vasai, Mumbai, providing analytical, microbiological, toxicology, stability, and method-development services). Manufacturing is supported by a fermentation plant for probiotics and a 5,000 sq.mt constructed manufacturing footprint across four blocks. The company is WHO-compliant and GMP-certified, and is described in its own materials as a 'GMP-certified India-based manufacturer and exporter.' Customers named across product pages include Dr. Reddy's, Sun Pharma, Ipca Labs, Macleods, Piramal Pharma (Nicholas Piramal), Art Drugs, and Lintas.

Governance is promoter-controlled by the Turakhia family, with three family members serving as executive directors; promoter holding was 68.22% post the December 2021 bonus issue. The Board includes independent directors and a Company Secretary, with disclosure cadence aligned to listed-entity obligations (quarterly financial results, shareholding pattern, AGM/EGM notices, stock exchange intimations, dividend history, and IEPF-related transfers). FY2022-23 revenue was ₹104.37 Cr against ₹69.12 Cr in FY2021-22 (~51% YoY growth), with PAT of ₹14.06 Cr against ₹8.36 Cr (~68% YoY growth), per published quarterly results.

Name

Panchsheel Organics

Legal name

Panchsheel Organics Ltd

Website

https://panchsheelorganics.com

Company type

Public

Founded year

1990

Operating status

Operating

Headcount range

101–250 employees

Short description

Panchsheel Organics Limited (POLTD) is a BSE-listed Indian pharmaceutical manufacturer of APIs, intermediates, nutraceuticals, vitamins, hormones, steroids, finished formulations, agri-biotech, and aquaculture products, supplying B2B customers including Dr. Reddy's, Sun Pharma, and Ipca Labs, with a direct-to-consumer nutraceuticals e-commerce channel.

Ownership category

akta.pro rank

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure

Revenue model

1. Bulk Drug and API Intermediate Sales: Manufacturing and sale of active pharmaceutical ingredients and intermediates, including steroids, hormones, and third-generation drugs, sold to formulators and large pharmaceutical companies. Recurring/ongoing B2B product sales.
2. Contract Manufacturing and Custom Synthesis: Custom synthesis, contract manufacturing and job work services for APIs, drug intermediates and finished formulations executed against client-specific requirements, including customized labelling and packaging. Project-based, recurring relationships.
3. Pharmaceutical Formulations and OTC Product Sales: Sale of Finished Dosage Forms (FDFs) in the Over-the-Counter category (antibiotics, cough & cold remedies, pain relief, anti-inflammatory, analgesics, protein health drinks, contraceptives, calcium/iron/multivitamin supplements). One-time product sales to distributors and direct consumers.
4. Agri-Biotech, Veterinary, Aquaculture and Culture Media Sales: Sales of bio fertilizers, bio stimulants, growth promoters, organic fertilizers, insecticides/herbicides/pesticides/fungicides/viricides, water soluble fertilizers, aquaculture and poultry products, veterinary APIs and feed supplements, and dehydrated culture media through dedicated divisions.
5. Nutraceuticals E-commerce Sales: Direct-to-consumer e-commerce sales of branded nutraceutical SKUs (Garcinia Cambogia 800mg, Chromium Picolinate 800mcg, Green Tea Extract 800mg, Cranberry Extract 800mg, Macca Root Extract 800mg) via the company's own Turakhia Bros Shop storefront. Transaction-based, one-time purchases.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

Panchsheel Organics manufactures and exports Active Pharmaceutical Ingredients (APIs), drug intermediates, steroids, hormones, sustained/modified release pellets, OTC finished dosage formulations, probiotics, enzymes, biofertilizers, veterinary products, nutraceuticals and dehydrated culture media from its GMP-certified, WHO-compliant Indore plant, while offering custom synthesis, contract manufacturing and job-work services to large Indian pharmaceutical companies. It also sells a small range of branded nutraceutical SKUs directly to consumers through its own e-commerce storefront.

Product overview

Panchsheel Organics Ltd (POLTD) operates a multi-divisional pharmaceutical and life-sciences portfolio rather than a single unified product. Its core manufacturing at the Indore facility spans Active Pharmaceutical Ingredients (APIs), OTC Products (Finished Dosage Forms), Micro Pellets & Direct Compression Granules, Steroids & Hormones, Probiotics, Nutritional Probiotic Combinations, Enzymes, and the newly introduced Nutraceuticals Division. The company's agricultural and life-sciences extensions include Biofertilizers, Veterinary Products (Animal Health Division), Aqua Culture products, and Dehydrated Culture Media (manufactured by group company Gene Biotech Pvt. Ltd. at Ambernath). Panchsheel Agri Bio-Tech Pvt Ltd functions as a biospeciality subsidiary handling probiotics, enzymes, and agri-biotech manufacturing. The Invochem Laboratory in Vasai (Mumbai) provides in-house R&D, regulatory and contract testing services that underpin these product lines, and Custom Synthesis & Contract Manufacturing services round out the offering for external clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Active Pharmaceutical Ingredients (APIs) Comprehensive range of active pharmaceutical ingredients and intermediates used in the manufacture of various pharmaceutical drugs, valued by clients for reliable quality, precise composition and stringent quality control; sold to Indian pharma manufacturers.
• OTC Products (Finished Dosage Formulations) Finished Dosage Forms (FDFs) in the Over-the-Counter (OTC) category, including antibiotics, cough & cold remedies, pain relief, anti-inflammatory, powerful analgesics, protein health drinks, contraceptives, and calcium, iron and multivitamin supplements; for distribution and consumer use.
• Micro Pellets & Direct Compression Granules High-quality Sustained and Modified Release Pellets, DC Granules, and Taste Masked Granules developed using innovative drug delivery technologies; available in Conventional Release, Sustained Release, Controlled Release and Enteric Coated forms with release profiles per pharmacopeial or customer specifications; for pharmaceutical manufacturers.
• Probiotics Microbial dietary supplements manufactured at the company's fermentation plant in Indore, used as functional food compounds with potential health benefits including gastrointestinal and microbiome support; sold to food, nutraceutical and pharma customers.
• Nutritional Probiotic Combinations Combinations of probiotics and prebiotics supporting gut health, featuring bacterial strains such as Lactobacillus and Bifidobacterium along with prebiotic fibers to nourish beneficial gut bacteria; for nutraceutical and food customers.
• Enzymes Industrial enzymes used in food and beverage processing, animal nutrition, textile industries, household goods, biofuels and automotive fuels, cleaning products, and energy generation plants; sold to industrial buyers.
• Steroids & Hormones Steroid and hormone substances crucial for proper body function, synthesized and offered as innovative, value-added products aimed at improving quality of life for patients; sold to pharmaceutical formulators.
• Nutraceuticals
• Biofertilizers Products containing living microorganisms that colonize the rhizosphere or plant interior, supplying nutrients through nitrogen fixation, phosphorus solubilization, and creation of growth-promoting bacteria; manufactured at the company's biofertilizer plant in Indore; sold to agri-input customers.
• Dehydrated Culture Media Dehydrated powder culture media with applications in industrial microbiology (food industry, cosmetics, pharmaceuticals, vaccine production, animal health, analysis laboratories), with up to 5 years lifetime; manufactured by Gene Biotech Pvt. Ltd. at Ambernath.
• Veterinary Products (Animal Health Division) Animal Health Division offering APIs and Feed Supplements across a wide range of categories for various veterinary, aquaculture and poultry applications; sold to veterinary formulators and integrators.
• Invochem Laboratory (Contract Analytical Testing Services) Government-approved public testing laboratory at Vasai (E), Mumbai providing analytical and contract services including analysis of drugs, formulated drugs, cosmetics, ayurvedic formulations, food analysis and dyestuff using GC, HPLC, IR, UV and Atomic Absorption Spectrophotometer, plus microbiology, sterility, pyrogen toxicity, bacterial endotoxin, toxicology, stability studies, and method development & validation.
• Custom Synthesis & Contract Manufacturing Undertakes custom synthesis, contract manufacturing activities, and job work facilities for APIs, drug intermediates, and finished formulations per client-specific requirements, with capability to deliver products in customised labelling and packaging and handle bulk orders; client base includes Dr Reddy's, Nicolas Piramal, Macleods, Lintas, Art Drugs, Sun Pharma and Ipca Labs.

Quantifiable outcome

• 100 Cr+ Revenue Generated (lifetime, as stated on homepage)
• +4 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Panchsheel Agri Bio-Tech Pvt LtdcoreStrategic or Co-development PartnerGroup company established as a new division of Panchsheel Organics Ltd. Engaged in manufacturing and exporting probiotics and enzymes, bio fertilizers, organic fertilizers, insecticides/herbicides/pesticides/fungicides/viricides, water soluble fertilizers, plant growth regulators, fertilizer nutrients, bio speciality chemicals, aquaculture/poultry and veterinary products. Manufacturing plant located in Indore.
• Invochem LaboratorycoreTechnology or IntegrationCustoms and government-approved public testing laboratory established in 1996 at 226, Gauri Commercial Complex, Station Road, Vasai (E), Mumbai. Provides analytical and contract services to Panchsheel and other manufacturing units using GC, HPLC, IR, UV, Atomic Absorption Spectrophotometer, plus microbiology, sterility, pyrogen, endotoxin, toxicology, stability studies and method development/validation. Also serves as R&D centre for Gene Biotech.
• Gene Biotech Pvt LtdcoreStrategic or Co-development PartnerGroup manufacturing unit located at Ambernath producing Dehydrated Culture Media for industrial microbiology (food industry, cosmetics, pharmaceuticals, vaccine production, animal health, analysis labs). Research and Development is conducted at Vasai. Products supplied as dehydrated powder form with shelf-life up to 5 years.
• Lunatrix SystemsminorImplementation/ SI/ Consulting PartnerTechnology vendor credited in the website footer as the designer, maintainer and host of panchsheelorganics.com. Non-strategic vendor relationship for digital presence.
• Turakhia Bros groupcoreOthersPanchsheel is promoted by the Turakhia Bros group, described as 'one of the major industry players and a very well established company engaged in Trading (Export-Import) of Pharmaceuticals.' Promoter family (Mahendra, Kishor, Rajesh Turakhia) serve as Executive Directors on Panchsheel's Board.

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Granules India: Indian API and pharmaceutical formulation manufacturer known for pelletisation technology and large-volume API supply to global generics. Direct comparable on both the pellet specialty technology and the API-plus-finished-dose model.
• Vivimed Labs: Indian specialty chemicals and API manufacturer serving pharma, personal care and home care markets with custom synthesis capability. Comparable on multi-vertical API and specialty chemical manufacturing at sub-scale.
• Neuland Laboratories: Indian API manufacturer with a strong custom synthesis and contract research offering for global pharma. Directly comparable on the contract manufacturing service line and similar revenue scale.
• Suven Pharmaceuticals: CRAMS-focused Indian pharma company supplying APIs, intermediates and custom synthesis to global innovators. Comparable on custom synthesis / contract manufacturing positioning and the sub-₹500 Cr revenue band.
• Ipca Laboratories: Named Panchsheel customer and a listed Indian API/formulations manufacturer with WHO-GMP manufacturing. Comparable as both a customer and a competitor in APIs and finished formulations within the Indian market.
• Laurus Labs: Listed Indian API manufacturer with strong custom synthesis and contract development manufacturing operations. Closely comparable business model — APIs, intermediates, CRAMS serving global generic and innovator pharma customers — and a direct benchmark for Panchsheel's growth trajectory.
• Sai Life Sciences: India-based CRAMS and API manufacturer serving global pharma with custom synthesis and contract manufacturing. Direct comparable on the B2B contract manufacturing and custom synthesis service line targeting innovator and generic customers.

Broad incumbents

• Piramal Pharma: Diversified Indian pharma company with contract manufacturing, APIs and consumer healthcare. Listed as a Panchsheel customer (Nicholas Piramal) and a broader-market peer in custom synthesis and formulations.
• Divi's Laboratories: India's largest listed API and intermediate manufacturer, exporting globally with deep CRAMS capability. Comparable as a contract API/intermediates supplier serving global pharma customers, though materially larger and more R&D-intensive.
• Aurobindo Pharma: One of the largest listed Indian pharmaceutical manufacturers with broad API, formulation and biosimilar operations. Panchsheel is a supplier to its peer ecosystem and competes for similar contract manufacturing volumes.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Panchsheel Organics