About Doshi Medicare Private Limited
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Doshi Medicare 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 24 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51397MH2006PTC160027. Its GSTIN is 27AACCD3246N1ZG (Maharashtra).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹75.48 Lakh. It is led by directors including Hitesh Doshi Mukeshkumar (Managing Director) and Yogesh Mukeshkumar Doshi (Managing Director).
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ground Flr Manchram Buldmayat Manzil 344 S V P Road, Mumbai, Maharashtra, India – 400044.
As per the financials filed for FY 2024, the company reported a revenue of ₹143.56 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹5.41 Lakh (net margin 0%) and EBITDA of ₹5.75 Cr (EBITDA margin 4%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Doshi Medicare. As per MCA filings, the company has open charges of ₹78.46 Cr and satisfied charges of ₹29 Cr on record. The company has 8 deals on record (8 funding rounds), with disclosed funding of ₹73 Lakh; the latest was in March 2021. Its 8 peer companies in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 4 smaller; the largest is Caritas Healthcare Private Limited with revenue of ₹146.85 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dbpharma.in.
Company details
Contact details
Doshi Medicare Private Limited's registered office is in Mumbai, Maharashtra. Its website is dbpharma.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGround Flr Manchram Buldmayat Manzil 344 S V P Road, Mumbai, Maharashtra, India – 400044
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Doshi Medicare 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
Doshi Medicare operates one associated brand: Doshi Medicare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distributes pharmaceutical products to healthcare providers and organizations. | dbpharma.in |
Business activity
The main business activity of Doshi Medicare 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 Doshi Medicare Private Limited, buy the company report.
Financials of Doshi Medicare Private Limited
FY 2024 filings availableDoshi Medicare Private Limited reported revenue of ₹143.56 Cr (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 4% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.75 Cr | ||||
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| Net Profit (PAT) | ₹5.41 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Doshi Medicare Private Limited, buy the company report.
Board of directors of Doshi Medicare Private Limited
Doshi Medicare has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Mahendrakumar Doshi Also directs: S. Himatlal Healthcare LLP, Paramm's Interglobal LLP, General Drug Private Limited and 2 more | Director | 24 Feb 2006 | 20 Years 8 Months | Current |
| Maitri Yogesh Doshi Also directs: Doshi Mediventures Private Limited | Director | 28 Feb 2006 | 20 Years 8 Months | Current |
| Hitesh Doshi Mukeshkumar Also directs: General Drug Private Limited, N Chimanlal and Co Private Limited, Doshi Mediventures Private Limited and 3 more | Managing Director | 24 Feb 2006 | 20 Years 8 Months | Current |
| Yogesh Mukeshkumar Doshi Also directs: S. Himatlal Healthcare LLP, General Drug Private Limited, N Chimanlal and Co Private Limited and 3 more | Managing Director | 24 Feb 2006 | 20 Years 8 Months | Current |
| Surekha Mukeshkumar Doshi Also directs: Doshi Mediventures Private Limited | Director | 24 May 2007 | 19 Years 5 Months | Current |
| Hetal Hitesh Doshi Also directs: Doshi Mediventures Private Limited | Director | 28 Feb 2006 | 20 Years 8 Months | Current |
Peer comparison
Doshi Medicare Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Caritas Healthcare Private Limited | ₹146.85 Cr (FY 2025) | 39.0% | Ahmedabad, Gujarat, India | |||
| Sidhaant Life Sciences Private Limited | ₹146.4 Cr (FY 2025) | 71.0% | New Delhi, Delhi, India | |||
| N.R. Pharmaceuticals Private Limited | ₹144.8 Cr (FY 2024) | 13.0% | Kolkata, West Bengal, India | |||
| Sinkhai Healthcare Limited | ₹144.67 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Doshi Medicare Private Limitedthis company | ₹143.56 Cr (FY 2024) | ₹5.41 Lakh | 0% | 6.0% | Mumbai, Maharashtra, India | |
| Milton Medicare Private Limited | ₹143.31 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Swiss Exports Private Limited | ₹142.15 Cr (FY 2024) | -44.0% | Ahmedabad, Gujarat, India | |||
| B. M. Pharma & Healthcare Private Limited | ₹141.75 Cr (FY 2025) | 14.0% | Guwahati, Assam, India | |||
| Sidson Pharma Distributors Private Limited | ₹139.76 Cr (FY 2025) | -13.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Doshi Medicare Private Limited, buy the company report.
Auditor
Doshi Medicare Private Limited is audited by RAJNI SHAH ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJNI SHAH ASSOCIATES | FY 2023 |
Shareholding
The shareholding of Doshi Medicare 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 Doshi Medicare Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Feb 2020 | 100348603 | Hdfc Bank Limited | ₹6.64 Cr | Open | |
| 25 Feb 2020 | 100353814 | Hdfc Bank Limited | ₹6.85 Cr | Open | |
| 02 Jan 2020 | 100314443 | Hdfc Bank Limited | ₹60 Lakh | Open | |
| 02 Jan 2020 | 100314444 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 17 Dec 2019 | 100314446 | Hdfc Bank Limited | ₹7.24 Cr | Open |
To see the full charge records of Doshi Medicare Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Doshi Medicare Private Limited has 8 deals on record (8 funding rounds), with disclosed funding of ₹73 Lakh; the latest was in March 2021.
Deals on record (1 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2006 | Funding round | ₹72.5 Lakh | Investors: 4 individuals |
To see the full deal history of Doshi Medicare 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
No court or tribunal cases involving Doshi Medicare Private Limited 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 Doshi Medicare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Doshi Medicare has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| General Drug Private Limited | U24232MH2008PTC181102 | |
| N Chimanlal and Co Private Limited | U33110MH2005PTC158466 |
To see the full group structure of Doshi Medicare Private Limited, buy the company report.
GST
Doshi Medicare has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCD3246N1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Doshi Medicare Private Limited, buy the company report.
Recent activity
Doshi Medicare Private Limited has 6 board changes on record since 2006: 6 appointments. The latest: Surekha Mukeshkumar Doshi was appointed as Director on 24 May 2007.
32 earlier events are in the company report.
Frequently asked questions
Doshi Medicare 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 24 February 2006 (20+ years old) and is registered under CIN U51397MH2006PTC160027.
Doshi Medicare has 6 current directors:
- Hitesh Doshi Mukeshkumar - Managing Director
- Yogesh Mukeshkumar Doshi - Managing Director
- Mukesh Mahendrakumar Doshi - Director
- Maitri Yogesh Doshi - Director
- Surekha Mukeshkumar Doshi - Director
- Hetal Hitesh Doshi - Director
The latest financial statements of Doshi Medicare on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Doshi Medicare is 27AACCD3246N1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Doshi Medicare is U51397MH2006PTC160027. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Doshi Medicare was incorporated on 24 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Doshi Medicare has 8 deals on record (8 funding rounds), with disclosed funding of ₹73 Lakh; the latest was in March 2021.
The peers of Doshi Medicare by revenue are Caritas Healthcare Private Limited, Sidhaant Life Sciences Private Limited, N.R. Pharmaceuticals Private Limited, Sinkhai Healthcare Limited, Milton Medicare Private Limited and 3 more, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Surekha Mukeshkumar Doshi was appointed as Director on 24 May 2007. Hetal Hitesh Doshi was appointed as Director on 28 Feb 2006. Maitri Yogesh Doshi was appointed as Director on 28 Feb 2006. Doshi Medicare has 6 board changes on record in total.
Doshi Medicare can be reached through the website dbpharma.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Doshi Medicare is at Ground Flr Manchram Buldmayat Manzil 344 S V P Road, Mumbai, Maharashtra, India – 400044.
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