- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0008115

About Crystal Medicines Private Limited
Data last updated:
Crystal Medicines Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 06 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH2004PTC148426. Its GSTIN is 27AACCC4371M1ZF (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Samad Hussain Patanwala and Rashida Hussain Patanwala.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 208 1st Floor Atlas Mill Compound B. N. Pai Marg Reay Road (W), Mumbai, Maharashtra, India – 400010.
As per the financials filed for FY 2025, the company reported a revenue of ₹174.71 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.69 Cr (net margin 1%) and EBITDA of ₹2.69 Cr (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 12% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Crystal Medicines. As per MCA filings, the company has open charges of ₹13.41 Cr and satisfied charges of ₹9.1 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 2 cases are pending. The company has 9 deals on record (5 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹4.32 Cr; the latest was in February 2021.
Crystal Medicines Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0008115). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website crystalmedicines.in.
Company details
Recognitions & Rankings of Crystal Medicines
Contact details
Crystal Medicines Private Limited's registered office is in Mumbai, Maharashtra. Its website is crystalmedicines.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address208 1st Floor Atlas Mill Compound B. N. Pai Marg Reay Road (W), Mumbai, Maharashtra, India – 400010
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Crystal Medicines Private Limited, 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
Brands
Crystal Medicines operates one associated brand: Crystal Medicines. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distributes pharmaceuticals from over 110 companies to retailers and hospitals in Mumbai. | crystalmedicines.in |
Business activity
The main business activity of Crystal Medicines is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Crystal Medicines Private Limited, buy the company report.
Financials of Crystal Medicines Private Limited
FY 2024 filings availableCrystal Medicines Private Limited reported revenue of ₹174.71 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 7% growth in the latest year. EBITDA rose 16% 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 | ₹2.69 Cr | ||||
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| Net Profit (PAT) | ₹1.69 Cr | ||||
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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 | 1.5% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Crystal Medicines Private Limited, buy the company report.
Board of directors of Crystal Medicines Private Limited
Crystal Medicines has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samad Hussain Patanwala Also directs: Den Mark Pharmaceuticals Private Limited | Director | 21 Dec 2011 | 14 Years 10 Months | Current |
| Rashida Hussain Patanwala | Director | 01 Aug 2012 | 14 Years 2 Months | Current |
| Hussain Yusuf Patanwala Also directs: Dawa Pharmacy Private Limited | Director | 06 Sep 2004 | 22 Years 1 Months | Current |
| Abdul Shakoor Abdul Gafoor Shaikh Also directs: North West Hub Private Limited | Director | 06 Sep 2004 | 22 Years 1 Months | Current |
| Fahad Hussain Patanwala Also directs: Dawa Pharmacy Private Limited | Director | 01 Oct 2020 | 6 Years 0 Months | Current |
Auditor
Crystal Medicines Private Limited is audited by A RAZZAQ & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A RAZZAQ & ASSOCIATES | FY 2023 | 0108797W |
Shareholding
The shareholding of Crystal Medicines Private Limited 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 Crystal Medicines Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2020 | 100364451 | Others | ₹1.41 Cr | Open | |
| 30 Jan 2018 | 100157228 | Others | ₹12 Cr | Open | |
| 18 Mar 2008 | 10100220 | Bombay Mercantile Co-Operative Bank Limited | ₹7.5 Cr | Satisfied | |
| 19 Sep 2005 | 90354049 | The Saraswat Co-Op. Bank Lt.D | ₹1.6 Cr | Satisfied |
To see the full charge records of Crystal Medicines Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Crystal Medicines Private Limited has 9 deals on record (5 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹4.32 Cr; the latest was in February 2021.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Funding round | ₹3.5 Cr | Investors: 4 individuals |
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2017 | Rights issue | ₹68.5 Lakh | Investors: 4 individuals |
To see the full deal history of Crystal Medicines Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Crystal Medicines Private Limited has 7 court cases on record: 7 filed by Crystal Medicines. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Bombay Mercantile Co Op Bank Ltd (Null Bazar Branch) Through Its Branch Manager and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against Bombay Mercantile Co-Op Bank Ltd. - Through Its Branch Manager | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Bombay Mercantile Co-Op Bank Ltd. - Through Its Branch Manager | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Bombay Mercantile Co-Op Bank Ltd. (Through Its Branch Manager) and Other | Disposed |
To see the full case history of Crystal Medicines Private 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 Crystal Medicines Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Crystal Medicines Private Limited has a workforce of 12 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Crystal Medicines has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCC4371M1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Crystal Medicines Private Limited, buy the company report.
Recent activity
Crystal Medicines Private Limited has 5 board changes on record since 2004: 5 appointments. The latest: Fahad Hussain Patanwala was appointed as Director on 01 Oct 2020.
4 earlier events are in the company report.
Frequently asked questions
Crystal Medicines is an active private limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 06 September 2004 (22+ years old) and is registered under CIN U24230MH2004PTC148426.
Crystal Medicines has 5 current directors:
- Samad Hussain Patanwala - Director
- Rashida Hussain Patanwala - Director
- Hussain Yusuf Patanwala - Director
- Abdul Shakoor Abdul Gafoor Shaikh - Director
- Fahad Hussain Patanwala - Director
The latest financial statements of Crystal Medicines on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Crystal Medicines is 27AACCC4371M1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Crystal Medicines is U24230MH2004PTC148426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Crystal Medicines has 7 court cases on record: 7 filed by the company. 2 are pending.
Crystal Medicines was incorporated on 06 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Crystal Medicines has 9 deals on record (5 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹4.32 Cr; the latest was in February 2021.
Fahad Hussain Patanwala was appointed as Director on 01 Oct 2020. Rashida Hussain Patanwala was appointed as Director on 01 Aug 2012. Samad Hussain Patanwala was appointed as Director on 21 Dec 2011. Crystal Medicines has 5 board changes on record in total.
Yes, Crystal Medicines is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0008115).

