Saitech Medicare
About Saitech Medicare
Saitech Medicare is an Industrial Goods & Manufacturing company based in India, and was acquired by unknown in January 2010. It manufactures pharmaceutical medicines, tablets, capsules, and syrups for supply in India. It operates on a B2B model in Industrial Goods & Manufacturing and Healthcare sectors. The company has 40 employees. Its Indian entity Sai Tech Medicare Private Limited reported revenue of ₹121 Cr. Saitech Medicare offers products and services including Dry Syrups, Capsules, Tablets, and Injections. Its focus areas include Pharmaceuticals, Manufacturing, Contract and Supply Chain. Its competitors include Akums, Jubilant Life Sciences and Nectar Lifesciences; 2 of its 3 listed competitors have raised funding.
Company details
Saitech Medicare Is A Leading Pharmaceutical Contract Manufacturing Company Based In Himachal Pradesh, India. They Produce And Supply A Range Of Products Including Dry Syrups, Capsules, Tablets, And Injections. Adhering To Iso And Who-gmp Standards, They Ensure High-quality Manufacturing For Clients In The Pharmaceutical Industry. Their Services Focus On Reliable Production And Distribution.
- Headquarters Sirmaur, India
- Employees 40
- Stage Acquired
- SectorsIndustrial Goods & ManufacturingHealthcare
- Website saitechmedicare.in
- Acquired by unknown (Jan 2010)
- Legal Name Sai Tech Medicare Private Limited
- Date of Incorporation 26 Dec, 2006
- Jurisdiction Naraingarh, Haryana, India
- Annual Revenue₹121 Cr
FY 2024 · +8% YoY
- Net Profit₹76.6 Lakh
FY 2024 · 1% margin
- EBITDA₹4.75 Cr
FY 2024 · 4% margin
- Investors
- Employee Count40
- Acquired byunknown
(Jan 2010)
Associated legal entities of Saitech Medicare
Saitech Medicare operates through Sai Tech Medicare 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 |
|---|---|---|---|---|---|---|---|
| Sai Tech Medicare Private Limited CIN U24233HR2006PTC036501 | Active | 26 Dec 2006 | Naraingarh, Haryana | ₹121 Cr | 40 | 3 | View details |
Products & Services of Saitech Medicare
Saitech Medicare offers a comprehensive portfolio of products and services, including Dry Syrups, Capsules, Tablets, and Injections.
Manufactured pharmaceutical dry syrups for medical use.
Pharmaceutical capsules for various medications.
Produced tablets for pharmaceutical applications.
Pharmaceutical injections for clinical purposes.
Investors in Saitech Medicare
Saitech Medicare has secured backing from 1 investor. Prominent investors backing the company include protechbiosystem.com.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| protechbiosystem.com |
Investor details for Saitech Medicare
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Board of directors of Sai Tech Medicare Private Limited (Saitech Medicare)
Sai Tech Medicare Private Limited is the primary company behind Saitech Medicare. The board of Sai Tech Medicare Private Limited currently have 3 directors; the longest-serving is Rajat Kumar Bhalotia, appointed in 2010. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajat Kumar Bhalotia DIN 02005778 | Director | 15 Jun 2010 | 16 yrs 4 mo | Sai Tech Medicare Private Limited |
| Jagbir Singh DIN 00821561 | Director | 15 Jun 2010 | 16 yrs 4 mo | Sai Tech Medicare Private Limited |
| Sheetal Dass DIN 01859287 | Director | 27 Dec 2019 | 6 yrs 10 mo | Sai Tech Medicare Private Limited |
Financials of Saitech Medicare
Figures of Sai Tech Medicare Private Limited, the primary company behind Saitech Medicare, for FY 2024. Revenue was ₹121 Cr (+8% year on year). Net profit was ₹76.6 Lakh (1% margin). EBITDA was ₹4.75 Cr (4% margin). Revenue has grown at a compounded annual rate of +6% over three years and +4% over five years.
- ₹121 CrRevenue · FY 2024 · +8% YoY
- ₹76.6 LakhNet profit · 1% margin
- ₹4.75 CrEBITDA · 4% margin
- ₹13.87 CrPaid-up capital
- 40Employees (provident fund records)
- +6%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sai Tech Medicare Private Limited are on its company page.
Detailed financial statements for Saitech Medicare
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- Downloads
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Competitors of Saitech Medicare
Saitech Medicare has 3 listed competitors in our database, 2 of them funded. They include Akums, Jubilant Life Sciences and Nectar Lifesciences.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| akums.in | 2004 | Delhi, India | $70M | 395 | CDMO focusing on spectrum of dosage forms and therapeutic segments | |
| jubl.com | 1978 | Noida, India | Company offering a suite of R&D and manufacturing services for small molecules and generics | |||
| neclife.com | 1995 | Chandigarh, India | $46.85M | 175 | Cephalosporin APIs and generic formulations are manufactured. |
Detailed competitors of Saitech Medicare
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Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as Saitech Medicare (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 3,060 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
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Frequently Asked Questions about Saitech Medicare
Saitech Medicare is headquartered in India. It is registered at Himachal Pradesh, India.
Saitech Medicare has 40 employees.
The primary company behind Saitech Medicare, Sai Tech Medicare Private Limited, reported revenue of ₹121 Cr for FY 2024, up 8% year on year.
Saitech Medicare Is A Leading Pharmaceutical Contract Manufacturing Company Based In Himachal Pradesh, India. They Produce And Supply A Range Of Products Including Dry Syrups, Capsules, Tablets, And Injections. Adhering To Iso And Who-gmp Standards, They Ensure High-quality Manufacturing For Clients In The Pharmaceutical Industry. Their Services Focus On Reliable Production And Distribution.
Saitech Medicare's top competitors include Jubilant Life Sciences, Akums and Nectar Lifesciences.
Saitech Medicare offers Dry Syrups, Capsules, Tablets, and Injections.
Saitech Medicare has 1 investor. Key investors include protechbiosystem.com.
Saitech Medicare operates through Sai Tech Medicare Private Limited.
Yes. Saitech Medicare was acquired by unknown in January 2010.
The legal entities of Saitech Medicare currently have 3 directors, including Rajat Kumar Bhalotia, Jagbir Singh, Sheetal Dass.