About Milan Laboratories
Milan Laboratories is a Healthcare company based in Thane (India) founded in 1976. Pharmaceutical manufacturing and exporting with WHO-cGMP compliance. The company has 576 employees. Its Indian entity Milan Laboratories (India) Private Limited reported revenue of ₹429 Cr. Milan Laboratories offers products and services including Pharmaceutical Formulations and R&D Services. Its focus areas include Pharmaceuticals, Manufacturing, Formulations and Export.
Company details
Milan Laboratories has been recognized as a manufacturer and exporter of pharmaceutical formulations for over three decades, with WHO-cGMP compliant facilities being utilized to operate in more than 43 countries and secure over 300 marketing authorizations. Competent personnel are absorbed into the organization, where their knowledge is continuously updated through seminars and technical forums. This approach ensures that pharmaceutical products are produced through a blend of scientific methods and expertise, contributing to global reach without promotional emphasis. The companys strengths lie in its regulatory compliance and international presence, as facilities are maintained in various Indian locations.
- Headquarters Thane, India
- Employees 576
- SectorsHealthcare
- Website milanlabs.com
- Social LinkedIn Facebook
- Legal Name Milan Laboratories (India) Private Limited
- Date of Incorporation 26 Mar, 2003
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹429 Cr
FY 2024 · +42% YoY
- Net Profit₹52.95 Cr
FY 2024 · 12% margin
- EBITDA₹105 Cr
FY 2024 · 25% margin
- Employee Count576
Associated legal entities of Milan Laboratories
Milan Laboratories operates through Milan Laboratories (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Milan Laboratories (India) Private Limited CIN U24230MH2003PTC139736 | Active | 26 Mar 2003 | Thane, Maharashtra | ₹429 Cr | 628 | 4 | View details |
Products & Services of Milan Laboratories
Milan Laboratories offers a comprehensive portfolio of products and services, including Pharmaceutical Formulations and R&D Services.
Pharmaceutical formulations are manufactured and exported by the company
Research and development services are offered by the company to support pharmaceutical production
Board of directors of Milan Laboratories (India) Private Limited (Milan Laboratories)
Milan Laboratories (India) Private Limited is the primary company behind Milan Laboratories. The board of Milan Laboratories (India) Private Limited currently have 4 directors; the longest-serving is Upendra Madan Despande, appointed in 2003. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Upendra Madan Despande DIN 02176205 | Director | 26 Mar 2003 | 23 yrs 7 mo | Milan Laboratories (India) Private Limited |
| Rohini Rajeev Dongre DIN 01031356 | Director | 26 Mar 2003 | 23 yrs 7 mo | Milan Laboratories (India) Private Limited |
| Sharwari Upendra Deshpande DIN 11000165 | Director | 13 Mar 2025 | 1 yr 7 mo | Milan Laboratories (India) Private Limited |
| Rahul Rajeev Dongre DIN 11121898 | Director | 23 May 2025 | 1 yr 5 mo | Milan Laboratories (India) Private Limited |
People of Milan Laboratories
4 people are tracked at Milan Laboratories (2 in leadership, 2 in team); the tracked headcount is 576.
| Name | Role | Group |
|---|---|---|
M. M. Deshpande | Founder Member & CEO | Leadership |
Rahul Badole | Deputy General Manager Purchase | Leadership |
Patel Brijeshkumar | Human Resources Officer | Team |
Makavana Mayank | Senior Officer | Team |
Complete people profiles for Milan Laboratories
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Financials of Milan Laboratories
Figures of Milan Laboratories (India) Private Limited, the primary company behind Milan Laboratories, for FY 2024. Revenue was ₹429 Cr (+42% year on year). Net profit was ₹52.95 Cr (12% margin). EBITDA was ₹105 Cr (25% margin). Revenue has grown at a compounded annual rate of +15% over three years and +20% over five years.
- ₹429 CrRevenue · FY 2024 · +42% YoY
- ₹52.95 CrNet profit · 12% margin
- ₹105 CrEBITDA · 25% margin
- ₹1.98 CrPaid-up capital
- 628Employees (provident fund records)
- +15%Revenue CAGR, 3 years
- +20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Milan Laboratories (India) Private Limited are on its company page.
Detailed financial statements for Milan Laboratories
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Web traffic of Milan Laboratories
Websites that share an audience with Milan Laboratories (milanlabs.com).
Websites whose visitors overlap most with Milan Laboratories. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
djlabs.com | djlabs.com | 100% | #10,405,448 | – |
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Frequently Asked Questions about Milan Laboratories
Milan Laboratories was founded in 1976.
Milan Laboratories is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
Milan Laboratories has 576 employees.
The primary company behind Milan Laboratories, Milan Laboratories (India) Private Limited, reported revenue of ₹429 Cr for FY 2024, up 42% year on year.
Milan Laboratories has been recognized as a manufacturer and exporter of pharmaceutical formulations for over three decades, with WHO-cGMP compliant facilities being utilized to operate in more than 43 countries and secure over 300 marketing authorizations. Competent personnel are absorbed into the organization, where their knowledge is continuously updated through seminars and technical forums. This approach ensures that pharmaceutical products are produced through a blend of scientific methods and expertise, contributing to global reach without promotional emphasis. The companys strengths lie in its regulatory compliance and international presence, as facilities are maintained in various Indian locations.
Milan Laboratories offers Pharmaceutical Formulations and R&D Services.
Milan Laboratories operates through Milan Laboratories (India) Private Limited.
The legal entities of Milan Laboratories currently have 4 directors, including Upendra Madan Despande, Rohini Rajeev Dongre, Sharwari Upendra Deshpande and others.