About Galderma India Private Limited
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Galderma India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Galderma Pharma Sa. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 02 February 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1999PTC118113. Its GSTIN is 27AAACG8660M1Z5 (Maharashtra). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.42 Cr. It was formerly known as Nestle Skin Health India Private Limited. It is led by directors including Raghavendra Sadashiva (Managing Director) and Nimit Mahendra Sanghvi.
Its last annual general meeting (AGM) was held on 04 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 33rd Floor Commerz III International Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹1,822.94 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹286.58 Cr (net margin 15.7%) and EBITDA of ₹395.91 Cr (EBITDA margin 21.7%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 54% over five years.
The company has about 652 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Galderma. Court records list 14 cases involving the company, including 10 filed by the company and 4 filed against it; 7 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 galderma.in.
Company details
Name history
Galderma India has undergone 2 name changes throughout its history. The company was previously known as Nestle Skin Health India Private Limited, and Galderma India Private Limited. The current legal name is Galderma India Private Limited.
| Company Name | Status |
|---|---|
| Galderma India Private Limited | Current |
| Nestle Skin Health India Private Limited | Previous |
Contact details
Galderma India Private Limited's registered office is in Mumbai, Maharashtra. Its website is galderma.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address33rd Floor Commerz III International Business Park, Oberoi Garden City Off Western Express Highway, Mumbai, Maharashtra, India – 400063
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Galderma India Private 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
Brands
Galderma India operates one associated brand: Galderma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Dermatological products are manufactured to treat various skin conditions. | galderma.com |
Business activity
The main business activity of Galderma India is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Galderma India Private Limited, buy the company report.
Financials of Galderma India Private Limited
FY 2026 filings availableGalderma India Private Limited reported revenue of ₹1,822.94 Cr (up 44% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 54% over five years, including 44% growth in the latest year. EBITDA rose 34% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,822.94 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹395.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹286.58 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.7% | ||||
| Net Profit Margin | 15.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Galderma India Private Limited, buy the company report.
Board of directors of Galderma India Private Limited
Galderma India has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimit Mahendra Sanghvi | Director | 08 Apr 2021 | 5 Years 7 Months | Current |
| Hon Keong Choo | Director | 17 Sep 2021 | 5 Years 1 Months | Current |
| Sandeep Mahadev Desai | Director | 17 Sep 2021 | 5 Years 1 Months | Current |
| Raghavendra Sadashiva | Managing Director | 01 Jan 2023 | 3 Years 10 Months | Current |
Auditor
Galderma India Private Limited is audited by B S R & Co. LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2026 | 101248W/W-100022 |
Shareholding
The shareholding of Galderma India Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Galderma India Private Limited, buy the company report.
Legal cases
Galderma India Private Limited has 14 court cases on record: 10 filed by Galderma India, 4 filed against it. 7 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 2 | 5 |
| NCLAT | 2 | 2 | 2 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Parekh Integrated Services Private Limited and 1 other | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (CRR) | Filed by the company against an individual | Pending |
| High Court, MAHARASHTRA | Court case (CRR) | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (COMIP) | Filed by the company against an individual | Pending |
To see the full case history of Galderma India Private 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
Galderma India Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 5 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Aradhana Stationers |
To see the full MSME payment records of Galderma India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Galderma India Private Limited has a workforce of 652 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 652 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Galderma India Private Limited, buy the company report.
GST
Galderma India has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG8660M1Z5 | Maharashtra | Active | 01 Jul 2017 |
| 27AAACG8660M2Z4 | Maharashtra | Active | 21 Feb 2025 |
| 29AAACG8660M1Z1 | Karnataka | Active | 03 Oct 2023 |
| 06AAACG8660M1Z9 | Haryana | Active | 15 Jul 2024 |
To see the full GST registrations and return filing status of Galderma India Private Limited, buy the company report.
Recent activity
Galderma India Private Limited has 19 board changes on record since 2008: 4 appointments and 15 cessations. The latest: Sadasaiva Haladi Raghavendra ceased to be Additional Director on 13 Feb 2023.
10 earlier events are in the company report.
News
Frequently asked questions
Galderma India is an active private limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 02 February 1999 (27+ years old) and is registered under CIN U24110MH1999PTC118113.
Galderma India has 4 current directors:
- Raghavendra Sadashiva - Managing Director
- Nimit Mahendra Sanghvi - Director
- Hon Keong Choo - Director
- Sandeep Mahadev Desai - Director
The latest financial statements of Galderma India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 04 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Galderma India is 27AAACG8660M1Z5, registered in Maharashtra. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACG8660M2Z4 (Maharashtra), 29AAACG8660M1Z1 (Karnataka), 06AAACG8660M1Z9 (Haryana).
The CIN (Corporate Identification Number) of Galderma India is U24110MH1999PTC118113. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Galderma India has 14 court cases on record: 10 filed by the company and 4 filed against it. 7 are pending. Most are in the high courts.
Galderma India was incorporated on 02 February 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Sadasaiva Haladi Raghavendra ceased to be Additional Director on 13 Feb 2023. Raghavendra Sadashiva was appointed as Managing Director on 01 Jan 2023. Sandeep Mahadev Desai ceased to be Additional Director on 29 Sep 2022. Galderma India has 19 board changes on record in total.
Galderma India has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 5 overdue payments to 2 micro and small suppliers. The latest return was filed on 29 May 2019.
Galderma India can be reached through the website galderma.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Galderma India is at 33rd Floor Commerz III International Business Park, Oberoi Garden City Off Western Express Highway, Mumbai, Maharashtra, India – 400063.
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