Milan Chemicals Private Limited
About Milan Chemicals Private Limited
Data last updated:
Milan Chemicals Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 19 March 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24231KA1992PTC012967.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹9.06 Lakh. It is led by directors Varun Murali and Murali Srinivas.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.103 5th C Main 4th Cross Hampinagar, Bangalore, Karnataka, India – 560104.
As per the financials filed for FY 2020, the company reported a revenue of ₹8.58 Lakh, a growth of 109% compared to the previous year. For the same year it recorded a net profit of ₹7.56 Lakh (net margin 88.1%) and EBITDA of -₹32,648 (EBITDA margin -3.8%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 45% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Milan Chemicals has one previous CIN (Corporate Identification Number): U02423KA1992PTC012967. The current CIN is U24231KA1992PTC012967, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24231KA1992PTC012967 | Current |
| U02423KA1992PTC012967 | Previous |
Contact details
Milan Chemicals Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.103 5th C Main 4th Cross Hampinagar, Bangalore, Karnataka, India – 560104
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Milan Chemicals 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
Financials of Milan Chemicals Private Limited
FY 2025 filings availableMilan Chemicals Private Limited reported revenue of ₹8.58 Lakh (up 109% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 45% over five years, including 109% growth 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.58 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹32,648 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.56 Lakh | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.8% | ||||
| Net Profit Margin | 88.1% | ||||
| 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 Milan Chemicals Private Limited, buy the company report.
Board of directors of Milan Chemicals Private Limited
Milan Chemicals has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Murali Also directs: Shrinidhi Transchem Private Limited | Director | 16 Jun 2022 | 4 Years 4 Months | Current |
| Murali Srinivas Also directs: Shrinidhi Transchem Private Limited | Director | 28 Apr 1997 | 29 Years 6 Months | Current |
Auditor
Milan Chemicals Private Limited is audited by MURALI & VENKAT for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MURALI & VENKAT | FY 2018 | 002162S |
Shareholding
The shareholding of Milan Chemicals Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Milan Chemicals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Milan Chemicals Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Milan Chemicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Milan Chemicals Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Milan Chemicals Private Limited has 4 board changes on record since 1997: 2 appointments and 2 cessations. The latest: Varun Murali ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Milan Chemicals is an active private limited company based in Bangalore, Karnataka, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 19 March 1992 (34+ years old) and is registered under CIN U24231KA1992PTC012967.
Milan Chemicals has 2 current directors:
- Varun Murali - Director
- Murali Srinivas - Director
The latest financial statements of Milan Chemicals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Milan Chemicals is U24231KA1992PTC012967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milan Chemicals was incorporated on 19 March 1992, making it 34+ years old. It is registered with the Registrar of Companies, Bangalore.
Varun Murali ceased to be Additional Director on 30 Sep 2022. Varun Murali was appointed as Director on 16 Jun 2022. Vijaya Srinivas Murali ceased to be Director on 16 Jun 2022. Milan Chemicals has 4 board changes on record in total.
The registered office of Milan Chemicals is at No.103 5th C Main 4th Cross Hampinagar, Bangalore, Karnataka, India – 560104.
Milan Chemicals operates in the pharma industry, in the drug formulation and development segment.
The compliance status of Milan Chemicals is compliant as of 04 July 2026. The company is actively filing with the Registrar of Companies.
Milan Chemicals can be reached at its registered office: No.103 5th C Main 4th Cross Hampinagar, Bangalore, Karnataka, India – 560104.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
