MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-20-0026165
Searle Remedies Limited
Searle Remedies Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹10 Lakh
▲ 5% YoY
Net profit · FY 2025
₹3,703
Net margin 0.4%
EBITDA · FY 2025
₹9,103
EBITDA margin 0.9%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Searle Remedies Limited
Data last updated:
Searle Remedies Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 11 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH2012PLC232056. Its GSTIN is 27AASCS5249J1ZM (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Kartik Kingrani and Mahesh Chandrabhan Kingrani.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No. 1709 Lodha Supremus Saki Vihar Road Opposite Telephone Exchange Powai, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2025, the company reported a revenue of ₹10 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹3,703 (net margin 0.4%) and EBITDA of ₹9,103 (EBITDA margin 0.9%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years.
Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 3 cases are pending.
Searle Remedies Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0026165). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24110MH2012PLC232056
Registration Number 232056
Incorporation Date 11 June 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-20-0026165
Key People
Kartik Kingrani Director Mahesh Chandrabhan Kingrani Director Rajesh Kingrani Chandrabhan Director Recognitions & Rankings of Searle Remedies
Contact details
Searle Remedies Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No. 1709 Lodha Supremus Saki Vihar Road Opposite Telephone Exchange Powai, Mumbai, Maharashtra, India – 400072
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Searle Remedies Limited, buy the company report.
Comprehensive company report
Searle Remedies Limited - one report that includes everything
- 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
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Business activity
The main business activity of Searle Remedies is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Searle Remedies Limited, buy the company report.
Financials of Searle Remedies Limited
FY 2025 filings availableSearle Remedies Limited reported revenue of ₹10 Lakh (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹10 Lakh ▲ 5%
Net profit · FY 2025
₹3,703 margin 0.4%
EBITDA · FY 2025
₹9,103 margin 0.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▼ 45%
EBITDA CAGR growth
1 year
▼ 58%
3 years · compounded
▼ 73%
Revenue rose 5% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 45%. EBITDA fell 58% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9,103 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3,703 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Searle Remedies Limited, buy the company report.
Board of directors of Searle Remedies Limited
Searle Remedies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kartik Kingrani Also directs: Kain Cosmeceuticals Private Limited, Iosis Analytical Services LLP | Director | 23 Sep 2020 | 6 Years 1 Months | Current |
| Mahesh Chandrabhan Kingrani | Director | 11 Jun 2012 | 14 Years 4 Months | Current |
| Rajesh Kingrani Chandrabhan | Director | 11 Jun 2012 | 14 Years 4 Months | Current |
Auditor
Searle Remedies Limited is audited by R A DASWANI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R A DASWANI & CO | FY 2022 | 128981W |
Shareholding
The shareholding of Searle Remedies Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Searle Remedies Limited, buy the company report.
Legal cases
Searle Remedies Limited has 4 court cases on record: 3 filed by Searle Remedies, 1 filed against it. 3 cases are pending and 1 is disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Pending
3
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 3 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by Scott Edil Pharmacia Limited | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against M/S. Triputi Pharma and 1 other | Pending |
To see the full case history of Searle Remedies 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 Searle Remedies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Searle Remedies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCS5249J1ZM | Maharashtra | Active | 20 Apr 2022 |
To see the full GST registrations and return filing status of Searle Remedies Limited, buy the company report.
Recent activity
Searle Remedies Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Kartik Kingrani ceased to be Additional Director on 31 Dec 2020.
AGM
Searle Remedies Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Searle Remedies Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Kartik Kingrani ceased to be Additional Director.
Ceased
Sneha Mahesh Kingrani ceased to be Director.
Appointed
Kartik Kingrani was appointed as Director.
Appointed
Mahesh Chandrabhan Kingrani was appointed as Director.
Appointed
Rajesh Kingrani Chandrabhan was appointed as Director.
Incorporation
11 Jun 2012
Searle Remedies Limited was registered on 11 Jun 2012 with Roc Mumbai I & aged 14 years 4 months as per MCA records.
Frequently asked questions
Searle Remedies is an active public limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 11 June 2012 (14+ years old) and is registered under CIN U24110MH2012PLC232056.
Searle Remedies has 3 current directors:
- Kartik Kingrani - Director
- Mahesh Chandrabhan Kingrani - Director
- Rajesh Kingrani Chandrabhan - Director
The latest financial statements of Searle Remedies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Searle Remedies is 27AASCS5249J1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Searle Remedies is U24110MH2012PLC232056. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Searle Remedies has 4 court cases on record: 3 filed by the company and 1 filed against it. 3 are pending.
Searle Remedies was incorporated on 11 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Kartik Kingrani ceased to be Additional Director on 31 Dec 2020. Sneha Mahesh Kingrani ceased to be Director on 24 Sep 2020. Kartik Kingrani was appointed as Director on 23 Sep 2020. Searle Remedies has 5 board changes on record in total.
Yes, Searle Remedies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-20-0026165).
The registered office of Searle Remedies is at Unit No. 1709 Lodha Supremus Saki Vihar Road Opposite Telephone Exchange Powai, Mumbai, Maharashtra, India – 400072.
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