Makers Laboratories

Mumbai, India Founded: 1985 • Age: 41 yrs Listed
Branded generic pharmaceutical products are manufactured across multiple therapeutic segments.

About Makers Laboratories

Makers Laboratories is a publicly listed company based in Mumbai (India) founded in 1985. Branded generic pharmaceutical products are manufactured across multiple therapeutic segments. The company has 131 employees. Its Indian entity Makers Laboratories Ltd reported revenue of ₹142 Cr. Makers Laboratories offers products and services including Duramol and Artemak-AB. Its focus areas include Traditional Pharmaceuticals, Generics and Diversified.

Company details

Manufacturer of branded generic pharmaceutical products. It offers a portfolio covering various therapeutic segments, including antibiotics, cough and cold medications, cardio-diabetic treatments, anti-allergics, anthelmintics, and neurotonics. The company focuses on providing high-quality products at affordable prices. Its product line includes formulations such as paracetamol, arteether, chloroquine, nimuselide, and amoxycillin.

  • Headquarters Mumbai, India
  • Employees 131
  • Stage Public
  • Sectors
    Healthcare
  • Website makerslabs.com
  • Legal Name Makers Laboratories Ltd
Key Metrics
  • Market Cap
    ₹110 Cr

    MAKERSL · NSE

  • Share Price
    ₹187.00

    +0.69% today

  • Revenue
    ₹141 Cr

    FY 2025-26 · +16.4% YoY

  • EBITDA
    ₹14.82 Cr

    Margin 10.5%

  • Net Profit
    ₹2.09 Cr

    FY 2025-26 · +157.0% YoY

  • P/E (TTM)
    32.3x

    P/B 1.5x

  • ROE
    11.0%

    ROCE 14.9%

  • Debt / Equity
    0.12

    Interest cover 8.3x

  • Employee Count
    131

Products & Services of Makers Laboratories

Makers Laboratories offers a comprehensive portfolio of products and services, including Duramol and Artemak-AB.

Duramol
Pain Relief

Paracetamol formulation is provided for general health applications

Artemak-AB
Antimalarial

α-β Arteether formulation is supplied for therapeutic treatment

Board of directors of Makers Laboratories Ltd (Makers Laboratories)

Makers Laboratories Ltd is the primary company behind Makers Laboratories. The board of Makers Laboratories Ltd currently have 6 directors; the longest-serving is Saahil Umesh Parikh, appointed in 2012. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Saahil Umesh Parikh
DIN 00400079
Whole-time director02 Aug 201214 yrs 2 moMakers Laboratories Ltd
Dipti Chinubhai Shah
DIN 07995542
Director29 Jan 20188 yrs 8 moMakers Laboratories Ltd
Raj Kamal Prasad Verma
DIN 02166789
Director13 Feb 20197 yrs 8 moMakers Laboratories Ltd
Nilesh Jain
DIN 05263110
Whole-time director13 Feb 20197 yrs 8 moMakers Laboratories Ltd
Prashant Godha
DIN 00012759
Director04 Nov 20205 yrs 11 moMakers Laboratories Ltd
Vishal Babulal Jain
DIN 00137986
Director04 Nov 20205 yrs 11 moMakers Laboratories Ltd

IPO & Listings of Makers Laboratories

Makers Laboratories is a publicly listed company on the BSE with ticker symbol MAKERSL in India, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date18 Jan 2002
  • Listed onBSE: 506919
  • Listed entityMakers Laboratories Ltd
  • Exchange sectorHealth technology
  • ISININE987A01010
  • Share price₹154.95 (-1.15% on the day) · 2026-05-11
  • Market capitalisation₹92.5 Cr
  • Price to earnings75.4
  • EPS (diluted, trailing year)₹2.06
  • Volume (last session)2,555
  • Analyst consensusNo rating

Financials of Makers Laboratories

Exchange-reported figures of Makers Laboratories Ltd, the listed company behind Makers Laboratories (NSE: MAKERSL).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹141 Cr
+16.4% YoY
EBITDA
₹14.82 Cr
+95.0% YoY
Profit After Tax
₹2.09 Cr
+156.9% YoY
Net Worth
₹72.92 Cr
+3.4% YoY
Total Assets
₹132 Cr
+6.8% YoY
Total Debt
₹8.74 Cr
+12.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue14112110410112768.64
Revenue growth+16.4%+15.7%+3.1%-20.4%+85.3%-
EBITDA14.827.601.123.3318.828.12
EBITDA margin+10.5%+6.3%+1.1%+3.3%+14.8%+11.8%
Profit before tax11.1513.41(3.91)(0.83)15.702.71
Net profit2.09(3.67)(6.29)(4.76)4.97(0.42)
Net profit margin+1.5%-3.0%-6.0%-4.7%+3.9%-0.6%
EPS (₹)3.9812.70(10.62)(8.05)10.12(0.67)
Balance sheet
Total assets132123128128122107
Net worth72.9270.5163.0569.2059.5854.13
Total debt8.747.7822.1316.7123.0020.51
Cash & bank0.630.652.234.378.676.22
Net working capital48.0551.4441.2646.3148.2739.95
Cash flow
Cash from operations14.29(4.08)0.84(8.62)18.500.00
Cash from investing(14.69)19.75(6.89)1.25(21.79)0.00
Cash from financing0.35(15.84)5.745.780.330.00
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue42.7735.7535.6734.1735.0033.9027.6929.57
Revenue growth (YoY)+22.2%+5.5%+28.8%+15.6%+18.3%---
Other income0.610.760.330.360.270.120.8710.63
EBITDA6.965.274.172.283.013.061.312.19
EBITDA margin+16.3%+14.7%+11.7%+6.7%+8.6%+9.0%+4.7%+7.4%
Depreciation1.131.131.141.131.120.901.311.29
Interest0.150.170.200.220.180.180.190.43
Profit before tax6.294.733.161.291.982.100.6811.10
Tax1.701.180.880.550.690.520.411.33
Net profit4.593.552.280.741.291.580.279.77
EPS (₹)2.551.851.59(0.20)0.74(0.08)(0.50)14.94
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue50.3542.9449.0942.5552.3844.4151.31
Revenue growth+17.3%-12.5%+15.4%-18.8%+18.0%-13.5%-
EBITDA0.73(2.21)(3.76)(4.12)3.073.312.73
EBITDA margin+1.5%-5.2%-7.7%-9.7%+5.9%+7.5%+5.3%
Profit before tax(2.01)4.92(6.95)(6.76)0.33(2.08)0.27
Net profit(1.73)(5.76)(6.97)(6.36)0.23(1.79)(0.10)
Net profit margin-3.4%-13.4%-14.2%-15.0%+0.4%-4.0%-0.2%
EPS (₹)(2.91)7.87(11.78)(10.78)0.35(3.29)(0.25)
Balance sheet
Total assets58.5858.0067.9970.6969.9065.8357.85
Net worth54.4356.0851.4558.2850.3049.6244.62
Total debt3.881.7615.3711.2019.4015.9913.05
Cash & bank0.030.040.070.080.140.340.96
Net working capital5.293.162.895.266.4010.399.42
Cash flow
Cash from operations(2.02)(1.59)(3.06)(1.42)6.800.674.23
Cash from investing0.2816.14(2.04)(3.55)(8.78)(2.65)(8.43)
Cash from financing1.75(14.56)5.124.941.771.372.91
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue10.1911.2712.7012.6413.739.709.4511.50
Revenue growth (YoY)-25.8%+16.2%+34.4%+9.9%+11.7%---
Other income0.070.020.000.530.040.030.5710.19
Total expenses10.6911.6511.9912.7213.2610.9110.0111.67
EBITDA(0.50)(0.38)0.71(0.08)0.47(1.21)(0.56)(0.17)
EBITDA margin-4.9%-3.4%+5.6%-0.6%+3.4%-12.5%-5.9%-1.5%
Depreciation0.690.690.710.710.700.690.730.71
Interest0.140.120.150.150.100.090.130.33
Profit before tax(1.26)(1.17)(0.15)(0.41)(0.29)(1.96)(0.85)8.98
Tax(0.18)(0.20)0.03(0.10)(0.03)(0.57)(0.08)0.95

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 27 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue42.7735.7535.6734.1735.0033.9027.6929.57
Revenue growth (YoY)+22.2%+5.5%+28.8%+15.6%+18.3%---
Other income0.610.760.330.360.270.120.8710.63
EBITDA6.965.274.172.283.013.061.312.19
EBITDA margin+16.3%+14.7%+11.7%+6.7%+8.6%+9.0%+4.7%+7.4%
Depreciation1.131.131.141.131.120.901.311.29
Interest0.150.170.200.220.180.180.190.43
Profit before tax6.294.733.161.291.982.100.6811.10
Tax1.701.180.880.550.690.520.411.33
Net profit4.593.552.280.741.291.580.279.77
EPS (₹)2.551.851.59(0.20)0.74(0.08)(0.50)14.94
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue14112110410112768.64
Revenue growth+16.4%+15.7%+3.1%-20.4%+85.3%-
Other income1.7111.891.532.282.640.96
Total expenses12611310397.9510860.52
Employee cost15.5914.0513.9411.7312.518.71
EBITDA14.827.601.123.3318.828.12
EBITDA margin+10.5%+6.3%+1.1%+3.3%+14.8%+11.8%
Depreciation4.534.794.544.244.024.61
Interest0.851.292.022.201.741.76
Profit before tax11.1513.41(3.91)(0.83)15.702.71
Tax3.292.510.891.353.971.36
Net profit2.09(3.67)(6.29)(4.76)4.97(0.42)
Net profit margin+1.5%-3.0%-6.0%-4.7%+3.9%-0.6%
EPS (₹)3.9812.70(10.62)(8.05)10.12(0.67)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital5.905.905.905.904.924.92
Reserves & surplus67.0264.6157.1563.3054.6649.21
Shareholders' funds (net worth)72.9270.5163.0569.2059.5854.13
Minority interest49.5544.6941.2940.4738.5132.44
Secured loans1.032.069.086.915.537.98
Unsecured loans7.715.7213.059.8017.4712.53
Total debt8.747.7822.1316.7123.0020.51
Total liabilities132123128128122107
Assets
Gross block12011913613011081.94
Net block70.5474.1686.5684.5368.3071.39
Capital work in progress3.730.590.320.499.380.16
Investments11.730.142.930.080.221.97
Inventories44.9434.0433.8031.3223.8427.47
Sundry debtors19.8628.0419.8919.8713.5516.61
Cash & bank balances0.630.652.234.378.676.22
Loans & advances9.955.5511.067.7016.8410.00
Total current assets75.3868.2866.9863.2662.9060.30
Total current liabilities27.3316.8425.7216.9514.6320.35
Net working capital48.0551.4441.2646.3148.2739.95
Total assets132123128128122107
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash0.240.410.722.315.270.00
Net cash from operating activities14.29(4.08)0.84(8.62)18.500.00
Net cash from investing activities(14.69)19.75(6.89)1.25(21.79)0.00
Net cash from financing activities0.35(15.84)5.745.780.330.00
Net change in cash(0.05)(0.17)(0.31)(1.59)(2.96)0.00
Closing cash0.630.652.234.378.676.22
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+16.4%+15.7%+3.1%-20.4%+85.3%-
EBITDA growth+95.0%+578.6%-66.4%-82.3%+131.8%-
PBT growth-16.9%+9998.0%-371.1%-+479.3%+9997.0%
Net income growth+157.0%+41.7%-32.1%-195.8%+1283.3%-
Revenue CAGR (3Y)+11.6%-1.7%+15.0%---
EBITDA CAGR (3Y)+64.5%-26.1%-48.3%---
Profitability & leverage
Net income margin+5.6%+9.0%-4.6%-2.2%+9.2%+2.0%
Return on capital employed+14.9%+6.4%-2.2%+1.6%+22.1%+6.0%
Return on net worth+11.0%-0.4%-7.3%-3.4%+20.6%+2.5%
Debt / equity0.120.220.290.310.380.38
Long-term debt / equity0.040.110.130.080.110.14
Interest cover8.2645.91-59.06-241.7611.7650.14
Efficiency & per share
Fixed asset turnover1.170.950.790.841.330.84
Inventory turnover3.563.563.213.674.962.50
Debtors turnover5.875.045.256.068.444.13
EPS (₹)3.9812.70(10.62)(8.05)10.12(0.67)
Dividend per share (₹)0.000.000.000.000.000.00
Book value per share (₹)123.59119.49106.85117.28121.17110.08
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue10.1911.2712.7012.6413.739.709.4511.50
Revenue growth (YoY)-25.8%+16.2%+34.4%+9.9%+11.7%---
Other income0.070.020.000.530.040.030.5710.19
Total expenses10.6911.6511.9912.7213.2610.9110.0111.67
EBITDA(0.50)(0.38)0.71(0.08)0.47(1.21)(0.56)(0.17)
EBITDA margin-4.9%-3.4%+5.6%-0.6%+3.4%-12.5%-5.9%-1.5%
Depreciation0.690.690.710.710.700.690.730.71
Interest0.140.120.150.150.100.090.130.33
Profit before tax(1.26)(1.17)(0.15)(0.41)(0.29)(1.96)(0.85)8.98
Tax(0.18)(0.20)0.03(0.10)(0.03)(0.57)(0.08)0.95
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue50.3542.9449.0942.5552.3844.4151.31
Revenue growth+17.3%-12.5%+15.4%-18.8%+18.0%-13.5%-
Other income0.5910.921.151.140.850.410.23
Total expenses49.6245.1552.8546.6749.3141.1048.58
Employee cost9.699.059.177.458.167.637.84
EBITDA0.73(2.21)(3.76)(4.12)3.073.312.73
EBITDA margin+1.5%-5.2%-7.7%-9.7%+5.9%+7.5%+5.3%
Depreciation2.802.852.712.401.914.201.99
Interest0.530.941.631.381.681.600.70
Profit before tax(2.01)4.92(6.95)(6.76)0.33(2.08)0.27
Tax(0.29)0.290.00(0.41)0.14(0.46)0.37
Net profit(1.73)(5.76)(6.97)(6.36)0.23(1.79)(0.10)
Net profit margin-3.4%-13.4%-14.2%-15.0%+0.4%-4.0%-0.2%
EPS (₹)(2.91)7.87(11.78)(10.78)0.35(3.29)(0.25)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital5.905.905.905.904.924.924.92
Reserves & surplus48.5350.1845.5552.3845.3844.7039.70
Shareholders' funds (net worth)54.4356.0851.4558.2850.3049.6244.62
Secured loans2.700.307.589.248.3011.2010.69
Unsecured loans1.181.467.791.9611.104.792.36
Total debt3.881.7615.3711.2019.4015.9913.05
Total liabilities58.5858.0067.9970.6969.9065.8357.85
Assets
Gross block45.9345.6256.0854.1041.7440.7338.83
Net block26.9129.3839.8840.4529.9330.5932.88
Capital work in progress0.060.040.000.048.940.120.69
Investments22.6022.5922.5622.5222.5523.6615.04
Inventories10.647.8110.988.2012.1910.8910.69
Sundry debtors5.975.676.577.535.357.197.55
Cash & bank balances0.030.040.070.080.140.340.96
Loans & advances3.402.543.233.363.674.784.56
Total current assets20.0416.0620.8519.1721.3523.2023.76
Total current liabilities14.7512.9017.9613.9114.9512.8114.34
Net working capital5.293.162.895.266.4010.399.42
Total assets58.5858.0067.9970.6969.9065.8357.85
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.020.030.010.050.260.872.16
Net cash from operating activities(2.02)(1.59)(3.06)(1.42)6.800.674.23
Net cash from investing activities0.2816.14(2.04)(3.55)(8.78)(2.65)(8.43)
Net cash from financing activities1.75(14.56)5.124.941.771.372.91
Net change in cash0.00(0.01)0.02(0.04)(0.21)(0.61)(1.29)
Closing cash0.030.040.070.080.140.340.96
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+17.3%-12.5%+15.4%-18.8%+18.0%-13.5%-
EBITDA growth+133.0%+41.2%+8.7%-234.2%-7.3%+21.3%-
PBT growth-+9998.0%-2.8%-+9998.0%--91.1%
Net income growth+70.0%+17.4%-9.6%-2865.2%+112.9%-1690.0%-
Revenue CAGR (3Y)+5.8%-6.4%+3.4%-6.1%+4.0%-7.4%-4.1%
EBITDA CAGR (3Y)----+11.4%-9.1%-19.4%
Profitability & leverage
Net income margin-3.4%+10.8%-14.2%-14.9%+0.4%-3.7%-0.2%
Return on capital employed-2.5%-6.7%-7.7%-7.7%+3.0%-0.8%+1.8%
Return on net worth-3.1%-10.7%-12.7%-11.7%+0.4%-3.4%-0.3%
Debt / equity0.050.160.240.280.350.310.23
Long-term debt / equity0.020.080.110.080.120.170.16
Interest cover-25.60-18.58-25.19-21.17144.83-179.7894.59
Efficiency & per share
Fixed asset turnover1.100.840.890.891.271.121.69
Inventory turnover5.464.575.124.174.544.124.60
Debtors turnover8.657.026.966.618.356.038.18
EPS (₹)(2.91)7.87(11.78)(10.78)0.35(3.29)(0.25)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)92.2595.0487.1998.78102.30100.9290.74

Web traffic of Makers Laboratories

The website of Makers Laboratories (makerslabs.com) receives about 1.9K visits a month.

  • Monthly visits
    1.9K

    ▲ 18.5% vs previous month

Top companies in Traditional Health & Nutrition

3 companies that operate in the same segment as Makers Laboratories (Traditional Health & Nutrition) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Oral solid drug delivery systems are manufactured and developed.
1985Mumbai, Maharashtra, IndiaUSD 42.49 MUSD 89.42 M962
Generic, semi-solid, and liquid dosage forms are manufactured.
1990Bengaluru, Karnataka, IndiaUSD 508.93 M5,180
Specialty generic pharmaceuticals and APIs are manufactured and marketed.
1983Mumbai, Maharashtra, IndiaUSD 6.21 B25,870
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • ✓
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • ✓
    Full access to every database India & global coverage, advanced filters and rich profile details
  • ✓
    Always-on access from your team account Single premium plan for everything you see on the portal

Related news about Makers Laboratories

Premium access

Complete news archive for Makers Laboratories

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Makers Laboratories

Makers Laboratories was founded in 1985.

Makers Laboratories is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Makers Laboratories has 131 employees.

The primary company behind Makers Laboratories, Makers Laboratories Ltd, reported revenue of ₹142 Cr for FY 2026, up 16% year on year.

Manufacturer of branded generic pharmaceutical products. It offers a portfolio covering various therapeutic segments, including antibiotics, cough and cold medications, cardio-diabetic treatments, anti-allergics, anthelmintics, and neurotonics. The company focuses on providing high-quality products at affordable prices. Its product line includes formulations such as paracetamol, arteether, chloroquine, nimuselide, and amoxycillin.

Makers Laboratories offers Duramol and Artemak-AB.

Yes, Makers Laboratories is publicly traded on BSE under the ticker symbol MAKERSL.

Makers Laboratories operates through Makers Laboratories Ltd.

The legal entities of Makers Laboratories currently have 8 directors, including Raj Kamal Prasad Verma, Prashant Godha, Vishal Babulal Jain and others.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available