About Biddle Sawyer Limited
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Biddle Sawyer Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Glaxosmithkline Pharmaceuticals Limited. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 13 March 1948 and has been in existence for over 78 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1948PLC006218. Its GSTIN is 27AAACB2028C1ZD (Maharashtra). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹96 Lakh. It is led by directors including Bhushan Arun Akshikar and Juby Chandy.
Its last annual general meeting (AGM) was held on 27 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 252 Dr Annie Besant Roadworli, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2026, the company reported a revenue of ₹54.4 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹24.16 Cr (net margin 44.4%) and EBITDA of ₹29.93 Cr (EBITDA margin 55%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 33% over five years.
Court records list 43 cases involving the company, including 29 filed by the company and 14 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gsk-india.com.
Company details
CIN history
Biddle Sawyer has one previous CIN (Corporate Identification Number): L51900MH1948PLC006218. The current CIN is U51900MH1948PLC006218, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH1948PLC006218 | Current |
| L51900MH1948PLC006218 | Previous |
Contact details
Biddle Sawyer Limited's registered office is in Mumbai, Maharashtra. Its website is gsk-india.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address252 Dr Annie Besant Roadworli, Mumbai, Maharashtra, India – 400025
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Biddle Sawyer Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Biddle Sawyer is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Biddle Sawyer Limited, buy the company report.
Financials of Biddle Sawyer Limited
FY 2025 filings availableBiddle Sawyer Limited reported revenue of ₹54.4 Cr (up 13% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 13% growth in the latest year. EBITDA rose 149% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹29.93 Cr | ||||
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| Net Profit (PAT) | ₹24.16 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 55% | ||||
| Net Profit Margin | 44.4% | ||||
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To see the full financial statements and ratios of Biddle Sawyer Limited, buy the company report.
Board of directors of Biddle Sawyer Limited
Biddle Sawyer has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhushan Arun Akshikar | Director | 18 Mar 2021 | 5 Years 7 Months | Current |
| Juby Chandy | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Ajay Avinash Nadkarni | Director | 01 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Biddle Sawyer Limited is compared with the 8 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Biddle Sawyer Limitedthis company | ₹54.4 Cr (FY 2026) | ₹24.16 Cr | 44.4% | 13.0% | Mumbai, Maharashtra, India | |
| Glow Pharma Private Limited | ₹48.18 Cr (FY 2025) | 23.0% | Mumbai, Maharashtra, India | |||
| Rhydburg Pharmaceuticals Ltd | ₹48.17 Cr (FY 2024) | 26.0% | Delhi, India | |||
| Edkem Pharmaceuticals Limited | ₹48.11 Cr (FY 2025) | 14.0% | Ahmedabad, Gujarat, India | |||
| Indasi Lifescience Private Limited | ₹48.01 Cr (FY 2025) | 25.0% | Daman, Daman and Diu, India | |||
| R.K. Laboratories Private Limited | ₹47.96 Cr (FY 2024) | 10.0% | Chandigarh, India | |||
| Mendine Pharmaceuticals Pvt Ltd | ₹47.44 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Linux Life Sciences Private Limited | ₹47.4 Cr (FY 2025) | 52.0% | Puducherry, India | |||
| Lozen Pharma Private Limited | ₹47.38 Cr (FY 2025) | 0.0% | Savanur, Karnataka, India |
To see the full peer comparison of Biddle Sawyer Limited, buy the company report.
Auditor
Biddle Sawyer Limited is audited by CORNELIUS & DAVAR for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CORNELIUS & DAVAR | FY 2021 | 101963W |
Shareholding
The shareholding of Biddle Sawyer Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Biddle Sawyer Limited, buy the company report.
Legal cases
Biddle Sawyer Limited has 43 court cases on record: 29 filed by Biddle Sawyer, 14 filed against it. 5 cases are pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 34 | 8 | 5 |
| District courts | 6 | 5 | 0 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0110-Labour Matters : Others) | Filed by the company against Glaxosmithkline Pharmaceuticals Ltd. Through Authorized Officer 6Th Floor, A Block, Shivsagar Estate, Dr. Annie Besant Road, Worli, Mumbai-18 , District: Mumbai ,Mumbai , Maharashtra and 1 other | Disposed |
| Bombay High Court | Court case (NMW) | Filed by the company against an individual | Pending |
| Bombay High Court | Writ petition | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (NMW) | Filed by the company against Union of India and Ors. | Pending |
| Bombay High Court | Court case (APL) | Filed against the company | Pending |
To see the full case history of Biddle Sawyer Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Biddle Sawyer Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Biddle Sawyer has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB2028C1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Biddle Sawyer Limited, buy the company report.
Recent activity
Biddle Sawyer Limited has 16 board changes on record since 2011: 3 appointments and 13 cessations. The latest: Ajay Avinash Nadkarni ceased to be Additional Director on 25 Jul 2023.
7 earlier events are in the company report.
Frequently asked questions
Biddle Sawyer is an active public limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 13 March 1948 (78+ years old) and is registered under CIN U51900MH1948PLC006218.
Biddle Sawyer has 3 current directors:
- Bhushan Arun Akshikar - Director
- Juby Chandy - Director
- Ajay Avinash Nadkarni - Director
The latest financial statements of Biddle Sawyer on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Biddle Sawyer is 27AAACB2028C1ZD, registered in Maharashtra. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Biddle Sawyer is U51900MH1948PLC006218. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Biddle Sawyer has 43 court cases on record: 29 filed by the company and 14 filed against it. 5 are pending. Most are in the high courts.
Biddle Sawyer was incorporated on 13 March 1948, making it 78+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Biddle Sawyer by revenue are Glow Pharma Private Limited, Rhydburg Pharmaceuticals Ltd, Edkem Pharmaceuticals Limited, Indasi Lifescience Private Limited, R.K. Laboratories Private Limited and 3 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Ajay Avinash Nadkarni ceased to be Additional Director on 25 Jul 2023. Ajay Avinash Nadkarni was appointed as Director on 01 Dec 2022. Sridhar Venkatesh ceased to be Director on 01 Dec 2022. Biddle Sawyer has 16 board changes on record in total.
Biddle Sawyer can be reached through the website gsk-india.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Biddle Sawyer is at 252 Dr Annie Besant Roadworli, Mumbai, Maharashtra, India – 400025.