
About Bhandari Medicals Pvt. Ltd
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Bhandari Medicals Pvt. Ltd is a private limited company based in Jodhpur, Rajasthan, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 05 August 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U24232RJ1993PTC007592. Its GSTIN is 08AAACB7423M1ZJ (Rajasthan).
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹3.11 Lakh. It is led by directors including Sudhir Bhandari and Sandeep Bhandari.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at House No.20 Opp.M.G.Hospital N.G.H.Road Jodhpur N.G.H.Road Jodhpur, Rajasthan, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.9 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹8.22 Lakh (net margin -1.7%) and EBITDA of ₹5.26 Lakh (EBITDA margin 1.1%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹36.3 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhandarimedicals.business.site.
Company details
Contact details
Bhandari Medicals Pvt. Ltd's registered office is in Jodhpur, Rajasthan. Its website is bhandarimedicals.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressHouse No.20 Opp.M.G.Hospital N.G.H.Road Jodhpur N.G.H.Road Jodhpur, Rajasthan, India
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Bhandari Medicals Pvt. Ltd, 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
Business activity
The main business activity of Bhandari Medicals is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Bhandari Medicals Pvt. Ltd, buy the company report.
Financials of Bhandari Medicals Pvt. Ltd
FY 2025 filings availableBhandari Medicals Pvt. Ltd reported revenue of ₹4.9 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 1% fall in the latest year. EBITDA rose 228% 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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| EBITDA | ₹5.26 Lakh | ||||
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| Net Profit (PAT) | -₹8.22 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | -1.7% | ||||
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To see the full financial statements and ratios of Bhandari Medicals Pvt. Ltd, buy the company report.
Board of directors of Bhandari Medicals Pvt. Ltd
Bhandari Medicals has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Bhandari Also directs: Visons Finvest Private Limited | Director | 01 Apr 1998 | 28 Years 7 Months | Current |
| Sandeep Bhandari | Director | 25 Jun 2019 | 7 Years 4 Months | Current |
| Videsh Bhandari | Director | 01 Nov 2012 | 14 Years 0 Months | Current |
Peer comparison
Bhandari Medicals Pvt. Ltd is compared with the 5 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Woodavens Pharmacare Private Limited | ₹4.92 Cr (FY 2025) | 24.0% | Bilaspur, Chhattisgarh, India | |||
| Matrix Labs Private Limited | ₹4.91 Cr (FY 2024) | 103.0% | Chennai, Tamil Nadu, India | |||
| Virtuarc Private Limited | ₹4.91 Cr (FY 2023) | 41.0% | Hyderabad, Telangana, India | |||
| Bhandari Medicals Pvt. Ltdthis company | ₹4.9 Cr (FY 2025) | -₹8.22 Lakh | -1.7% | -1.0% | 7 | Jodhpur, Rajasthan, India |
| Sanfegan Biotech Private Limited | ₹4.9 Cr (FY 2024) | 62.0% | Ernakulam, Kerala, India | |||
| Nexwin Pharma Private Limited | ₹4.89 Cr (FY 2024) | -4.0% | Panchkula, Haryana, India |
To see the full peer comparison of Bhandari Medicals Pvt. Ltd, buy the company report.
Auditor
Bhandari Medicals Pvt. Ltd is audited by SURENDRA LUNAWAT for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURENDRA LUNAWAT | FY 2023 | 071601 |
Shareholding
The shareholding of Bhandari Medicals Pvt. Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhandari Medicals Pvt. Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Oct 2024 | 101039377 | Axis Bank Limited | ₹20.4 Lakh | Open | |
| 04 Dec 2021 | 100512870 | Others | ₹1 Lakh | Open | |
| 11 Oct 2021 | 100495243 | Bank of India | ₹12.4 Lakh | Open | |
| 17 Nov 2007 | 10080538 | State Bank of Bikaner and Jaipur | ₹2.5 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Bhandari Medicals Pvt. Ltd 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 Bhandari Medicals Pvt. Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bhandari Medicals Pvt. Ltd has a workforce of 7 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Bhandari Medicals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACB7423M1ZJ | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhandari Medicals Pvt. Ltd, buy the company report.
Recent activity
Bhandari Medicals Pvt. Ltd has 7 board changes on record since 1998: 3 appointments and 4 cessations. The latest: Kiran Bhandari ceased to be Director on 29 Nov 2022.
2 earlier events are in the company report.
Frequently asked questions
Bhandari Medicals is an active private limited company based in Jodhpur, Rajasthan, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 05 August 1993 (33+ years old) and is registered under CIN U24232RJ1993PTC007592.
Bhandari Medicals has 3 current directors:
- Sudhir Bhandari - Director
- Sandeep Bhandari - Director
- Videsh Bhandari - Director
The latest financial statements of Bhandari Medicals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhandari Medicals is 08AAACB7423M1ZJ, registered in Rajasthan.
The CIN (Corporate Identification Number) of Bhandari Medicals is U24232RJ1993PTC007592. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhandari Medicals was incorporated on 05 August 1993, making it 33+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Bhandari Medicals by revenue are Woodavens Pharmacare Private Limited, Matrix Labs Private Limited, Virtuarc Private Limited, Sanfegan Biotech Private Limited, Nexwin Pharma Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Kiran Bhandari ceased to be Director on 29 Nov 2022. Sandeep Bhandari was appointed as Director on 25 Jun 2019. Sandeep Bhandari ceased to be Director on 12 Jun 2019. Bhandari Medicals has 7 board changes on record in total.
Bhandari Medicals can be reached through the website bhandarimedicals.business.site. Its registered office is in Jodhpur, Rajasthan, India.
The registered office of Bhandari Medicals is at House No.20 Opp.M.G.Hospital N.G.H.Road Jodhpur N.G.H.Road Jodhpur, Rajasthan, India.
Bhandari Medicals operates in the pharma industry, in the pharmaceutical retailers and distributors segment.

