India's Richest People 2026 edition · 1 director · Source: Hurun India
- #472 MK Dhanuka & family ₹7,400 Cr
Revenue · FY 2025
₹1,424.06 Cr
▼ 3% YoY
Net profit · FY 2025
₹123.27 Cr
Net margin 8.7%
EBITDA · FY 2025
₹180.77 Cr
EBITDA margin 12.7%
Authorised capital
₹14.5 Cr
Registered with MCA
Paid-up capital
₹13.85 Cr
Issued & subscribed
Open charges
₹153.1 Cr
Satisfied ₹1,018.28 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
583
Provident fund records
About Dhanuka Laboratories Limited
Data last updated:
Dhanuka Laboratories Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 24 February 1993 and has been in existence for over 33 years.
Its director MK Dhanuka and family are #472 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24100TN1993PLC149053. Its GSTIN is 06AAACD2877R1Z3 (Haryana). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹14.5 Cr and a paid-up capital of ₹13.85 Cr. It was formerly known as Dhanuka Laboratories Pvt Limited and Quantum Polymers Private Limited. It is led by directors including Manish Dhanuka (Managing Director) and Arjun Dhanuka (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Linbuzz Business Centre 2910B 14th Main Road Anna Nagar West, Chennai, Tamil Nadu, India – 600040.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,424.06 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹123.27 Cr (net margin 8.7%) and EBITDA of ₹180.77 Cr (EBITDA margin 12.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 28% over five years.
The company has about 583 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Dhanuka Agritech and Dhanuka Laboratories. As per MCA filings, the company has open charges of ₹153.1 Cr and satisfied charges of ₹1,018.28 Cr on record. Court records list 74 cases involving the company, including 22 filed by the company and 52 filed against it; 30 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dhanukalab.com.
Company details
CIN U24100TN1993PLC149053
Registration Number 149053
Incorporation Date 24 February 1993
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Name history
Dhanuka Laboratories has undergone 3 name changes throughout its history. The company was previously known as Dhanuka Laboratories Pvt Limited, Quantum Polymers Private Limited, and Dhanuka Laboratories Private Limited. The current legal name is Dhanuka Laboratories Limited.
| Company Name | Status |
|---|---|
| Dhanuka Laboratories Limited | Current |
| Dhanuka Laboratories Pvt Limited | Previous |
| Quantum Polymers Private Limited | Previous |
| Dhanuka Laboratories Private Limited | Previous |
CIN history
Dhanuka Laboratories has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24100TN1993PLC149053, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100TN1993PLC149053 | Current |
| U74999DL1993PLC052285 | Previous |
| U24100DL1993PLC052285 | Previous |
Key People
Manish Dhanuka Managing Director Arjun Dhanuka Whole-Time Director Mridul Dhanuka Director Recognitions & Rankings of Dhanuka Laboratories
Contact details
Dhanuka Laboratories Limited's registered office is in Chennai, Tamil Nadu. Its website is dhanukalab.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLinbuzz Business Centre 2910B 14th Main Road Anna Nagar West, Chennai, Tamil Nadu, India – 600040
- IndustryPharma, API Manufacturers
To see the full contact details of Dhanuka Laboratories Limited, buy the company report.
Comprehensive company report
Dhanuka Laboratories Limited - one report that includes everything
- 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
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Brands
Dhanuka Laboratories operates two associated brands: Dhanuka Agritech and Dhanuka Laboratories. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Agrochemicals for crop protection and plant nutrition are manufactured. | dhanuka.com | |
| Oral cephalosporin products are manufactured and exported. | dhanukalab.com |
Business activity
The main business activity of Dhanuka Laboratories is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Dhanuka Laboratories Limited, buy the company report.
Financials of Dhanuka Laboratories Limited
FY 2024 filings availableDhanuka Laboratories Limited reported revenue of ₹1,424.06 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹1,424.06 Cr ▼ 3%
Net profit · FY 2025
₹123.27 Cr margin 8.7%
EBITDA · FY 2025
₹180.77 Cr margin 12.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 8%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▼ 29%
3 years · compounded
▼ 7%
5 years · compounded
▲ 40%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 28%. EBITDA fell 29% 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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| Total Expenses | |||||
| EBITDA | ₹180.77 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹123.27 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.7% | ||||
| Net Profit Margin | 8.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Dhanuka Laboratories Limited, buy the company report.
Board of directors of Dhanuka Laboratories Limited
Dhanuka Laboratories has 9 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mridul Dhanuka Also directs: Orchid Pharma Limited, Orbion Pharmaceuticals Private Limited, Orchid Bio-Pharma Limited and 1 more | Director | 06 Oct 2005 | 21 Years 0 Months | Current |
| Arjun Dhanuka Also directs: Orchid Pharma Limited | Whole-Time Director | 18 Aug 2008 | 18 Years 2 Months | Current |
| Seema Dhanuka | Director | 21 Sep 1996 | 30 Years 1 Months | Current |
| Shweta Bansal | Director | 10 May 2025 | 1 Years 5 Months | Current |
| Mahendra Kumar Dhanuka | Director | 02 Mar 1999 | 27 Years 7 Months | Current |
| Rahul Dhanuka Also directs: Dhanuka Agritech Limited, Golden Overseas Private Limited, H D Realtors Private Limited and 2 more | Director | 02 Mar 1999 | 27 Years 7 Months | Current |
Showing 6 of 9 current directors. View all directors
Peer comparison
Dhanuka Laboratories Limited is compared with the 9 companies closest to it by revenue in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Virchow Petrochemical Private Limited | ₹1,499.36 Cr (FY 2025) | -7.0% | Patancheru, Telangana, India | |||
| Neuland Laboratories Ltd. | ₹1,497.35 Cr (FY 2025) | -5.0% | Hyderabad, Telangana, India | |||
| Viyash Life Sciences Private Limited | ₹1,482.68 Cr (FY 2025) | 9.0% | Hyderabad, Telangana, India | |||
| Virchow Laboratories Limited | ₹1,479.64 Cr (FY 2025) | 2.0% | Telangana, India | |||
| Teva Api India Private Limited | ₹1,456.07 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Dhanuka Laboratories Limitedthis company | ₹1,424.06 Cr (FY 2025) | ₹123.27 Cr | 8.7% | -3.0% | 583 | Chennai, Tamil Nadu, India |
| Harman Finochem Limited | ₹1,376.43 Cr (FY 2025) | 27.0% | Mumbai, Maharashtra, India | |||
| Cohance Lifesciences Limited | ₹1,362.25 Cr (FY 2024) | 0.0% | Mumbai, Maharashtra, India | |||
| Arch Pharmalabs Limited | ₹1,344.16 Cr (FY 2023) | 2.0% | Mumbai, Maharashtra, India | |||
| Shilpa Medicare Limited | ₹1,309.57 Cr (FY 2025) | 13.0% | Raichur, Karnataka, India |
To see the full peer comparison of Dhanuka Laboratories Limited, buy the company report.
Auditor
Dhanuka Laboratories Limited is audited by Ashok Kumar Malhotra & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashok Kumar Malhotra & Associates | FY 2023 | 014498C |
Shareholding
The shareholding of Dhanuka Laboratories 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 Dhanuka Laboratories Limited, buy the company report.
Charges & borrowings
Open charges
₹153.1 Cr
Satisfied charges
₹1,018.28 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2022 | 100604328 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 29 Dec 2020 | 100403799 | Others | ₹10 Cr | Open | |
| 12 Jun 2020 | 100368481 | Axis Bank Limited | ₹85 Cr | Open | |
| 14 Jan 2016 | 10617282 | The Hongkong and Shanghai Banking Corporation Limited | ₹10 Cr | Open | |
| 20 Dec 2011 | 10328109 | Yes Bank Limited | ₹18 Cr | Open |
To see the full charge records of Dhanuka Laboratories Limited, buy the company report.
Total charge records: 42 View all charges
Legal cases
Dhanuka Laboratories Limited has 74 court cases on record: 22 filed by Dhanuka Laboratories, 52 filed against it. 30 cases are pending and 44 are disposed.
Total cases
74
Filed by the company
22
Filed against the company
52
Pending
30
Disposed
44
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 45 | 42 | 25 |
| District courts | 15 | 3 | 1 |
| NCLAT | 12 | 5 | 4 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 74)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed against the company by Orchid Pharma Ltd | Pending |
| Madras High Court | Writ petition | Filed against the company by Orchid Pharma Ltd | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by DBS Bank India Limited | Pending |
| NCLAT, NCLAT Chennai | Insolvency matter | Filed against the company by DBS Bank India Limited | Pending |
| Madras High Court | Interim or miscellaneous application | Filed against the company by Orchid Pharma Ltd | Disposed |
To see the full case history of Dhanuka Laboratories 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.
Credit ratings & regulatory alerts
Dhanuka Laboratories Limited was last rated by Icra on 27 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 27 May 2022 |
To see the full credit ratings and regulatory alerts of Dhanuka Laboratories Limited, buy the company report.
MSME payment delays
Dhanuka Laboratories Limited has 19 MSME Form 1 returns on record between 2018 and 2023, listing 559 overdue payments to 21 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| HNND Trading Private Limited | |||
| Joshi International Merchandise Private Limited | |||
| Pipe Line Products (India) | |||
| an individual supplier | |||
| Forbes Pharmaceuticals |
To see the full MSME payment records of Dhanuka Laboratories Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Dhanuka Laboratories has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Orchid Pharma Limited | L24222TN1992PLC022994 |
To see the full group structure of Dhanuka Laboratories Limited, buy the company report.
Employees & EPFO
Dhanuka Laboratories Limited has a workforce of 583 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
583
Active EPFO establishments
1
Employee growth
4.86%
GST
Dhanuka Laboratories has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACD2877R1Z3 | Haryana | Active | 01 Jul 2017 |
| 08AAACD2877R1ZZ | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dhanuka Laboratories Limited, buy the company report.
Recent activity
Dhanuka Laboratories Limited has 21 board changes on record since 1993: 9 appointments and 12 cessations. The latest: Shweta Bansal ceased to be Additional Director on 29 Sep 2025.
AGM
Dhanuka Laboratories Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Shweta Bansal ceased to be Additional Director.
Appointed
Shweta Bansal was appointed as Director.
Ceased
Urmila Dhanuka ceased to be Director.
Filing
Dhanuka Laboratories Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Yes Bank Limited of Rs. 18.00 Cr registered on 20 Dec 2011 with Charge ID 10328109 was modified on 01 Aug 2023.
Charges
A charge registered on 12 Apr 2007 via Charge ID 10054143 with Others was fully satisfied on 17 Jul 2023.
Ceased
Sunil Kumar Gupta ceased to be CFO.
Charges
A charge registered on 13 Jul 2005 via Charge ID 80000210 with Hdfc Bank Limited was fully satisfied on 16 Feb 2023.
Ceased
Arun Kumar Dhanuka ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100604328 was registered on 29 Jul 2022.
Charges
A charge with Axis Bank Limited of Rs. 85.00 Cr registered on 12 Jun 2020 with Charge ID 100368481 was modified on 15 Mar 2022.
115 earlier events are in the company report.
News
Frequently asked questions
Dhanuka Laboratories is an active public limited company based in Chennai, Tamil Nadu, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 24 February 1993 (33+ years old) and is registered under CIN U24100TN1993PLC149053.
Dhanuka Laboratories has 9 current directors:
- Manish Dhanuka - Managing Director
- Arjun Dhanuka - Whole-Time Director
- Mridul Dhanuka - Director
- Seema Dhanuka - Director
- Shweta Bansal - Director
- Mahendra Kumar Dhanuka - Director
- Rahul Dhanuka - Director
- Sanjay Bagaria - Director
- Urmila Dhanuka - Director
The latest financial statements of Dhanuka Laboratories on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Dhanuka Laboratories is 06AAACD2877R1Z3, registered in Haryana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 08AAACD2877R1ZZ (Rajasthan).
The CIN (Corporate Identification Number) of Dhanuka Laboratories is U24100TN1993PLC149053. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhanuka Laboratories has 74 court cases on record: 22 filed by the company and 52 filed against it. 30 are pending. Most are in the high courts.
Dhanuka Laboratories was incorporated on 24 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Dhanuka Laboratories by revenue are Virchow Petrochemical Private Limited, Neuland Laboratories Ltd, Viyash Life Sciences Private Limited, Virchow Laboratories Limited, Teva Api India Private Limited and 4 more, all in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Shweta Bansal ceased to be Additional Director on 29 Sep 2025. Shweta Bansal was appointed as Director on 10 May 2025. Urmila Dhanuka ceased to be Director on 31 Dec 2024. Dhanuka Laboratories has 21 board changes on record in total.
Dhanuka Laboratories has 19 MSME Form 1 returns on record between 2018 and 2023, listing 559 overdue payments to 21 micro and small suppliers. The latest return was filed on 04 Feb 2024.
Dhanuka Laboratories can be reached through the website dhanukalab.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Dhanuka Laboratories is at Linbuzz Business Centre 2910B 14th Main Road Anna Nagar West, Chennai, Tamil Nadu, India – 600040.