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Fharmacy Bazaar (Pharmacy Bazar)

Fharmacy Bazaar (Pharmacy Bazar) Franchise

Healthcare & PharmacyEst. 1992Kolkata, West Bengal

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)

Taking franchiseesModels: Unit · OtherTerms 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

75Strong · provisionalFranchiseChuno Score · 51% of data verified
  • 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

  1. 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.
  2. Ask for the agreement term, renewal fee and exit or transfer terms.
  3. 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 franchisor
Brand fee ('for using Pharmacy Bazar brand')
₹2 L

Investor presentation, p.50; p.47 calls it a non-refundable security deposit.

Security deposit for medicine stockDepositRefundable
₹1 L – ₹2 L

₹2 L refundable on p.50; ₹1 L refundable on p.47.

Licence and start-up assistance
₹20K – ₹50K

₹20–25K (p.47) vs ₹50K (p.50).

Medicine stock, bought in phasesWorking capital
₹15 L

Owner funds ₹5 L; the deck says ₹10 L can come from a bank loan.

Total Investment₹18.2 L – ₹19.5 L

Includes ₹1 L refundable — money you get back when the agreement ends.

Ongoing charges

Royalty · 2% of the store's monthly profit (p.50); p.47 says 2% of yearly profit.Amount not disclosed
Annual 'loyalty' charge · 2% of total annual profit; the deck's cost sheet counts it as ₹4,500 a month.Amount not disclosed
Ongoing Royalty / Revenue Share2% 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.

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.

Unit franchise

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.

Unit franchise

Mini pharmacy store

Investment
—
Space
—
Fee
—
Royalty / margin
—
Territory
—
Who it suits
—

Smaller store for remote/semi-urban areas; no costs published.

Partner model

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 figures

How 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 claim

Fharmacy 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 check

What 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

FOFO

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

LicenceIssued byWho gets it
Retail drug licence (Form 20/21)Company says it assists for a fee.State drug controllerYou
GST registration and trade licenceGST / municipalityYou

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.

HeadquartersKolkata, West Bengal
Fharmacy Bazaar Ltd is a Kolkata company, incorporated in 1992 as Krishma Exports (India) Ltd and renamed in Jan 2025, that runs the Pharmacy Bazar online pharmacy and app (medicine delivery, doctor consultations, lab tests) mainly in West Bengal and sells its own generic medicine brands. It filed revenue of ₹67.3 Cr and net profit of ₹4.7 Cr for FY25. It offers franchises for retail pharmacy stores, smaller 'mini-stores' and a 'digital health store'. It publishes no store locator, so we could not count its stores. The company's investor presentation (file dated Jan 2025) sets out the retail-pharmacy franchise: a 120–200 sq ft shop in a market or hospital area run by a qualified pharmacist (B.Pharm/M.Pharm, or 4+ years at a chemist's), a ₹2 L non-refundable brand fee, a ₹1–2 L stock deposit, ₹20,000–50,000 for licence help, and about ₹15 L of medicine stock bought in phases, of which it says ₹10 L can be a bank loan. Stock comes from its warehouse. It charges 2% of the store's monthly profit as royalty plus an annual 2% 'loyalty' charge on profit, and promises a 10 km or single-PIN-code territory. Its worked example — 75 prescriptions a day at ₹500 — gives the owner ₹40,500 a month; by our arithmetic that would take about four years to recover ₹19.5 L. What to watch: the website claims an 'enterprise valuation' of ₹500 Cr+, but the valuation in its own presentation rests on forecasts of profit rising from ₹6.8 Cr (FY25) to ₹171.5 Cr (FY30); FY25 profit came in at ₹4.7 Cr. In Calcutta High Court hearings in Apr 2026, the state and two other respondents said a SARFAESI recovery proceeding is pending over the flat that is its registered office (the company alleges fraud in how the flat was encumbered), and MCA shows six active registered charges. The deck's state table lists 1,731 'active franchisee' entries under a heading that says it 'aims to establish' them and its pages disagree on deposits and fees. Ask for the current agreement, a list of running stores and their sales, and speak to at least three franchisees before paying anything.

Why invest in Fharmacy Bazaar (Pharmacy Bazar)?

- The company's investor presentation itemises the franchise costs: ₹2 L brand fee, a stock deposit, licence help and about ₹15 L of phased stock (file dated Jan 2025). - Fharmacy Bazaar Ltd filed ₹67.3 Cr revenue and ₹4.7 Cr net profit for FY25. - Its Pharmacy Bazar app has 1 lakh+ downloads on Google Play, rated 4.3 from 253 reviews (Oct 2026).

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 filing

1,731 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 claim

1L+ downloads, 4.3/5 (253 reviews)

Pharmacy Bazar app on Google Play · Oct 2026

Independent

Company Financials

Brand-level, publicly reported

The 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 timelineShow

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

FacebookInstagramLinkedInXYouTubeApp

Company details source: MCA data via Tracxn; ROC name-change certificate (13 Jan 2025)

Fharmacy Bazaar (Pharmacy Bazar) Timeline

  1. Apr 1992

    Incorporated in Kolkata as Krishma Exports (India) Ltd

    Source
  2. Feb 2023Announced plan

    Announces plan for 500 franchise outlets by FY25 and UCO Bank loan tie-up

    Source
  3. Mar 2024

    Merchant-banker valuation of ₹525.5 Cr on the company's forecasts

  4. Jan 2025

    Renamed Fharmacy Bazaar Ltd

  5. Apr 2026

    Writ in Calcutta High Court over SARFAESI-encumbered registered-office flat

    Source

FranchiseChuno Analysis

Our analysis of verified data

How 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.

  1. 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.
  2. 2Ask for the agreement term, renewal fee and exit or transfer terms.
  3. 3Ask whether you get an exclusive territory, and how large it is.
  4. 4Ask the brand to respond to each red flag listed under Reputation & News.
  5. 5Have a lawyer review the franchise agreement before paying anything.
  6. 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 whatShow

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

Not published

Supply Chain Support

Vendor sourcing, inventory & logistics

Not published

Technology / POS

Billing, inventory, and management software

Not published

Marketing Support

National & local marketing campaigns

Not included

Launch Support

Pre-opening setup and grand-opening assistance

Not published

Ongoing Field Support

Regular visits and operational coaching

Not published

Training Programme

The company says it trains franchisees and staff on store operation; no duration, location or fee is published.

Ongoing Support

The company says it helps choose the location, obtain the drug licence, GST and trade licence, supplies stock from its warehouse, provides billing/inventory software, branding and layout, start-up marketing, audit support under the Drugs & Cosmetics Act, and a bank-loan tie-up.

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 went

Frequently Asked Questions

What is the total investment for a Fharmacy Bazaar (Pharmacy Bazar) franchise?
Fharmacy Bazaar (Pharmacy Bazar) states an investment of ₹18.2 lakh–₹19.5 lakh. Partial — from the company's investor presentation (file dated Jan 2025): ₹2 L non-refundable brand fee, a ₹1–2 L stock security deposit, ₹20,000–50,000 for licence help, plus about ₹15 L of medicine stock bought in phases (the deck says ₹10 L of that can come from a bank loan). Shop interiors, a 165-litre fridge, AC, computer, rent deposit and working capital are extra and not priced. Two pages of the same deck give different deposit and fee figures.
What training does Fharmacy Bazaar (Pharmacy Bazar) provide?
The company says it trains franchisees and staff on store operation; no duration, location or fee is published.

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