
Fharmacy Bazaar (Pharmacy Bazar) Franchise
Pharmacy franchise from Kolkata: about ₹18–20 L incl. stock, 120–200 sq ft, pharmacist needed; store count and current terms unverified.
Fharmacy Bazaar (Pharmacy Bazar) franchise at a glance (terms checked Oct 2026)
Investment
₹18.2 L - ₹19.5 L
Partly published by the brand · incl. fee, stock · excl. fit-out, equipment, rent deposit, working capital · In line with the category (typical ₹14.5 L–₹33.44 L, median ₹21.43 L, 8 verified brands)
Ongoing take
2% of the store's monthly profit plus an annual 'loyalty' charge of 2% of annual profit (investor presentation p.50; p.47 says royalty is 2% of yearly profit, calculated at year end). Charged on profit, not sales.
Franchise fee
₹2 L
Non-refundable
Payback
Not published
- Legal or regulatory action on record — see Reputation & News
- Disputes with franchisees: None found (records checked Oct 2026)
- Profit or loss: Profit of ₹4.7 Cr in FY25
- Company standing: Active and up to date with the registrar
Franchisor strength isn't franchisee profit — check real outlet numbers.
Outlets
Not published
What we couldn't verify
- • Outlet closures
- • Franchisee satisfaction
- • Revenue trend
- • Outlets we could verify
Ask before you sign
- Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit — a franchisor making money doesn't mean its franchisees do.
- Ask for the agreement term, renewal fee and exit or transfer terms.
- Ask whether you get an exclusive territory, and how large it is.
Franchise terms checked against Fharmacy Bazaar's investor presentation (franchise section) on 11 Oct 2026. Figures marked * aren't published by the brand — they come from other published sources or our own estimate, and aren't verified.
Investment Breakdown
Per franchisorInvestor presentation, p.50; p.47 calls it a non-refundable security deposit.
₹2 L refundable on p.50; ₹1 L refundable on p.47.
₹20–25K (p.47) vs ₹50K (p.50).
Owner funds ₹5 L; the deck says ₹10 L can come from a bank loan.
Includes ₹1 L refundable — money you get back when the agreement ends.
Ongoing charges
Model your own numbers in our calculator
Open the ROI calculator* Breakdown as published by Fharmacy Bazaar (Pharmacy Bazar). Fharmacy Bazaar (Pharmacy Bazar) confirms 2 charges without disclosing the amount — get it in writing before you pay.
Ways to Partner with Fharmacy Bazaar (Pharmacy Bazar)
3 partner models published by the brand. Figures it doesn't publish are left blank.
Retail pharmacy franchise
- Investment
- ₹18.2 L – ₹19.5 L
- Space
- 120 sq ft – 200 sq ft
- Fee
- ₹2 L
- Royalty / margin
- Owner keeps store profit after 2% royalty and 2% annual 'loyalty' charge on profit; company example ₹40,500/month
- Territory
- 10 km radius or the whole PIN code
- Who it suits
- B.Pharm/M.Pharm, or 4+ years' chemist-shop experience
Costs exclude interiors, fridge, AC and rent deposit.
Mini pharmacy store
- Investment
- —
- Space
- —
- Fee
- —
- Royalty / margin
- —
- Territory
- —
- Who it suits
- —
Smaller store for remote/semi-urban areas; no costs published.
Digital health store franchise
- Investment
- —
- Space
- —
- Fee
- —
- Royalty / margin
- —
- Territory
- —
- Who it suits
- —
Franchisee uses the Pharmacy Bazar platform to sell online and fulfil orders locally; fee or revenue share 'may vary' — no figures published.
Unit Economics
Brand's own figuresHow Fharmacy Bazaar (Pharmacy Bazar) says an outlet's numbers work. These are illustrations, not guarantees — check them against existing franchisees before you sign.
Retail pharmacy franchise
- Monthly sales (company example)
- ₹11.25 L
- Minimum profit margin assumed
- 8 % of sales
- Monthly running costs (rent ₹8,000, pharmacist ₹20,000, salesperson ₹10,000, bills ₹5,000, misc ₹2,000, loyalty ₹4,500)
- ₹50K
- Owner's monthly income (company example)
- ₹41K
What Fharmacy Bazaar (Pharmacy Bazar) Says You Can Earn
Brand claimFharmacy Bazaar (Pharmacy Bazar)'s own claim — no evidence given. These are not FranchiseChuno's estimates or a promise of earnings; ask existing franchisees what they actually make.
- Monthly sales
- ₹11.25 L
- Monthly profit
- ₹41K
The company's own worked example (investor presentation): 75 prescriptions a day at ₹500 each = ₹11.25 L monthly sales; at a minimum 8% margin that is ₹90,000, less ₹49,500 monthly costs = ₹40,500 a month to the owner. That works out to about 25% a year on ₹19.5 L, or roughly 4 years to recover it. No ROI or payback figure is published, and no real store results are given.
Reputation & News
2 red flags to checkWhat the press, courts and real franchisees or customers have said about Fharmacy Bazaar (Pharmacy Bazar) — summarised by us, with every source linked.
- Legal / regulatory· Apr 2026
SARFAESI recovery proceeding pending over its registered-office flat
Calcutta High Court orders (Apr 2026) record that a proceeding under the SARFAESI Act — a lender's enforcement of security — is pending over the flat at 1/175 Gariahat Road; the company alleges fraud in how the flat was encumbered and has asked for a police probe.
Source: Calcutta High Court, W.P.A. 7818 of 2026 (order of 9 Apr 2026) - In the news· 2024
₹500 Cr valuation rests on forecasts far above actual profit
Its presentation's DCF values the company at ₹525.5 Cr (₹526 a share, as at 31 Mar 2024) assuming profit grows from ₹6.8 Cr in FY25 to ₹171.5 Cr in FY30. Filings show FY25 net profit of ₹4.7 Cr.
Source: Company investor presentation; MCA filing via Tracxn (the brand's own site) - In the news· Feb 2023
2023 plan: 500 franchise outlets by FY25 and a UCO Bank loan tie-up
BioSpectrum reported in Feb 2023 that Pharmacy Bazar planned 300 digital franchisees and 200 offline stores by the end of FY24-25, with UCO Bank loans of up to ₹20 L for franchisees. We found no later report of how many opened.
Source: BioSpectrum India - Customer view★ 4.3/5 · 253 ratings
Pharmacy Bazar app: 4.3/5 on Google Play (253 reviews)
1 lakh+ downloads; last updated Feb 2025.
Source: Google Play
Key Terms at Fharmacy Bazaar (Pharmacy Bazar)
The clauses that shape day-to-day running and your exit — read these before the fee.
- Supply & stock
- Stock comes directly from the company's warehouse; the company also sells its own generic medicine brands.
- Territory
- 'Currently 10 km radius / entire single PIN code area'.
- Payments to the brand
- Royalty of 2% of monthly profit plus an annual loyalty charge of 2% of annual profit (another page says royalty is 2% of yearly profit, calculated at year end).
- Other terms
- No term length, renewal, exit or transfer terms are published.
Funding options
Financing
UCO Bank (tie-up announced Feb 2023) · Up to ₹20 L
Under CGTMSE and Mudra schemes, per the company's director in Feb 2023
Bank loan
Bank finance for opening stock · ₹10 L of the ₹15 L stock
Company's presentation; lender not named
Legal & Contract Summary
Key contract terms at a glance — read before you sign.
Agreement Type
Franchisee-Owned, Franchisee-Operated
Contract Duration
—Renewal Available
—Territory Exclusivity
—Non-Compete Clause
—Exit Clause
—Who Can Apply for Fharmacy Bazaar (Pharmacy Bazar)
Conditions the brand sets for partners, and the licences the business needs.
- Qualification: B.Pharm/M.Pharm, or 4+ years' work experience as a chemist-shop salesperson/managerRequired
- Shop: 120–200 sq ft, owned or rented, in a market or hospital area; frontage at least 6 ft, height 9 ftRequired
- Equipment: 165-litre fridge (for insulin), 1-ton AC, desktop, printer, table and chairRequired
- Staff: One or more pharmacists, a delivery person, a computer operator/cashierRequired
Licences & registrations
| Licence | Issued by | Who gets it |
|---|---|---|
| Retail drug licence (Form 20/21)Company says it assists for a fee. | State drug controller | You |
| GST registration and trade licence | GST / municipality | You |
About the Brand
Brand USP
Kolkata pharmacy and e-pharmacy company (incorporated 1992 as Krishma Exports) that also sells its own generic medicine brands to its franchise stores.
Why invest in Fharmacy Bazaar (Pharmacy Bazar)?
Fharmacy Bazaar (Pharmacy Bazar) by the Numbers
Source marked on each figure₹67.3 Cr, net profit ₹4.7 Cr
FY25 revenue (Fharmacy Bazaar Ltd) · FY25
Company filing1,731 across WB, Odisha, Bihar, Jharkhand, UP, North East — under a heading that says it 'aims to establish' them
'Active franchisee' table in its presentation · Jan 2025 (file date)
Brand claim₹500 Cr+ (merchant-banker DCF on its own forecasts)
Enterprise valuation claimed on its website · Oct 2026
Brand claim1L+ downloads, 4.3/5 (253 reviews)
Pharmacy Bazar app on Google Play · Oct 2026
IndependentCompany Financials
Brand-level, publicly reportedThe franchisor's own company health — separate from what a single franchise outlet earns.
Revenue (FY25)
₹67.29 Cr
Net profit (FY25)
₹4.71 Cr
A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.
Company Health Check
What Fharmacy Bazaar (Pharmacy Bazar)'s franchisor company has filed with the registrar and the courts — the checks a lawyer would run before you sign.
- Status with the registrar
- Active
- Annual filings
- Up to date
- Last AGM
- 30 Sep 2024
- Pending cases it filed
- 1
- Paid-up capital
- ₹10 Cr
Source: MCA data via Tracxn; Calcutta High Court orders on Indian Kanoon (checked Oct 2026)
Full company recordsFinancials year by year, registered details, leadership and timelineShowHide
Company Profile
The legal entity behind the brand, its leadership, and its official channels.
- Registered name
- Fharmacy Bazaar Limited (formerly Krishma Exports (India) Limited)
- Company type
- Public Limited Company (unlisted)
- CIN
- U47721WB1992PLC055160
- Incorporated
- 7 Apr 1992
- Headquarters
- Kolkata, West Bengal
Leadership
- TTapas Kumar BiswasDirector & Head – Business Development
- PParitosh BanikDirector
- SSayantani Dey SarkarDirector
Social presence
Company details source: MCA data via Tracxn; ROC name-change certificate (13 Jan 2025)
Fharmacy Bazaar (Pharmacy Bazar) Timeline
Apr 1992
Incorporated in Kolkata as Krishma Exports (India) Ltd
SourceFeb 2023Announced plan
Announces plan for 500 franchise outlets by FY25 and UCO Bank loan tie-up
SourceMar 2024
Merchant-banker valuation of ₹525.5 Cr on the company's forecasts
Jan 2025
Renamed Fharmacy Bazaar Ltd
Apr 2026
Writ in Calcutta High Court over SARFAESI-encumbered registered-office flat
Source
FranchiseChuno Analysis
Our analysis of verified dataHow Fharmacy Bazaar (Pharmacy Bazar) looks once the numbers are checked side by side.
- •Investment in line with the Healthcare & Pharmacy medianMidpoint ₹18.9 L vs a category median of ₹21.4 L across brands on FranchiseChuno.
- ✓The franchisor company is profitableIts latest filed accounts show a net profit. That's the franchisor's money, not yours: a profitable franchisor doesn't mean its franchisees make money. Check real outlet numbers before you invest.
- ✓Brand operating for 34 yearsFounded in 1992. The brand doesn't state when franchising began.
- !1 red flag in the news or public discussionSee Reputation & News below, and ask the brand to address each one.
Data completeness
73%
- ✓ Terms checked against the brand's own page
- ✓ Published investment (not an estimate)
- ✓ Franchise fee
- ✓ Royalty
- ○ ROI or payback claim
- ○ Agreement term
- ✓ Training details
- ○ Outlet cities verified
- ✓ Company financials
- ✓ Legal entity
- ✓ News & public opinion checked
Ask Before You Sign
Questions tailored to what Fharmacy Bazaar (Pharmacy Bazar) does and doesn't publish.
- 1Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit — a franchisor making money doesn't mean its franchisees do.
- 2Ask for the agreement term, renewal fee and exit or transfer terms.
- 3Ask whether you get an exclusive territory, and how large it is.
- 4Ask the brand to respond to each red flag listed under Reputation & News.
- 5Have a lawyer review the franchise agreement before paying anything.
- 6Visit 2–3 existing outlets and speak to their owners without the brand present.
Running the outletSpace, staff, launch steps, training, support and who does whatShowHide
Operations Required
What you'll need on the ground to run this franchise day-to-day.
Area Required
120 - 200 sq ft
Staff Needed
—
Setup Time
—
Owner Involvement
—
Best Locations
Not published
Business Type
Not published
Training & Support
What the brand provides to help you launch and run your franchise.
Operations Manual
Step-by-step playbook for running the outlet
Supply Chain Support
Vendor sourcing, inventory & logistics
Technology / POS
Billing, inventory, and management software
Marketing Support
National & local marketing campaigns
Launch Support
Pre-opening setup and grand-opening assistance
Ongoing Field Support
Regular visits and operational coaching
Training Programme
Ongoing Support
What Fharmacy Bazaar (Pharmacy Bazar) franchisees say
We haven't yet heard from enough Fharmacy Bazaar (Pharmacy Bazar) franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.
I run a Fharmacy Bazaar (Pharmacy Bazar) outlet — share how it wentFrequently Asked Questions
What is the total investment for a Fharmacy Bazaar (Pharmacy Bazar) franchise?
What training does Fharmacy Bazaar (Pharmacy Bazar) provide?
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