About Galaxy Medicare Limited
Data last updated:
Galaxy Medicare Limited is a public limited company based in Bhubaneswar, Odisha, India. It operates in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 23 July 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U24232OR1992PLC003113. Its GSTIN is 21AAACD7880L1ZI (Odisha).
The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹15.17 Cr. It is led by directors including Dillip Kumar Das (Managing Director) and Subhasish Das (Whole-Time Director).
Its last annual general meeting (AGM) was held on 06 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 2 Zone D, Mancheswar Industrial Estate Bhubaneswar, Odisha, India – 751010.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.27 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.37 Cr (net margin 8.4%) and EBITDA of ₹5.72 Cr (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 8% over five years.
The company has about 167 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Galaxy Medicare Limited. As per MCA filings, the company has open charges of ₹8.73 Cr and satisfied charges of ₹16.36 Cr on record. Court records list 14 cases involving the company, including 12 filed by the company and 2 filed against it; 5 cases are pending. The company has 1 deal on record (1 ipo); the latest was in September 2025. Its 10 peer companies in the Healthcare industry (Medical Consumables) are compared by revenue, 5 larger and 5 smaller; the largest is Immunoscience India Private Limited with revenue of ₹41.62 Cr. The company has 4 MSME Form 1 returns on record between 2016 and 2019, listing 13 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website galaxy.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 2 Zone D, Mancheswar Industrial Estate Bhubaneswar, Odisha, India – 751010
- IndustryHealthcare, Medical Consumables & Supplies
- 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
- One PDF report, delivered after checkout
Business Activity of Galaxy Medicare Limited
The main business activity of Galaxy Medicare is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Galaxy Medicare Limited FY 2025 filings available
Galaxy Medicare Limited reported revenue of ₹40.27 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Galaxy Medicare Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 9% growth in the latest year. EBITDA fell 6% 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 of Galaxy Medicare Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.72 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.37 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Galaxy Medicare Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Galaxy Medicare are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Galaxy Medicare Limited
Galaxy Medicare Limited is compared with the companies closest to it by revenue in the Healthcare industry (Medical Consumables). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Immunoscience India Private Limited | ₹41.62 Cr (FY 2022) | •••• | •••• | 345.0% | •••• | Pune, Maharashtra, India |
| Ami Meditex Private Limited | ₹40.75 Cr (FY 2025) | •••• | •••• | 70.0% | •••• | Pune, Maharashtra, India |
| Matu International Private Limited | ₹40.71 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Delhi, India |
| Mun Health Product (India) Private Limited | ₹40.36 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Navi Mumbai, Maharashtra, India |
| Primus Gloves Private Limited | ₹40.29 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Ernakulam, Kerala, India |
| Galaxy Medicare Limited this company | ₹40.27 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Bhubaneswar, Odisha, India |
| Sanrea Healthcare Products Private Limited | ₹40.01 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Palakkad, Kerala, India |
| SPM Medicare Private Limited | ₹39.92 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | New Delhi, Delhi, India |
| Amkay Products Limited | ₹39.71 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Vasai, Maharashtra, India |
| Nikshe Multiproducts Private Limited | ₹39.4 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Ahmedabad, Gujarat, India |
| Armor Plast Private Limited | ₹39.16 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Galaxy Medicare by revenue in the Healthcare industry (Medical Consumables), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Galaxy Medicare Limited
Galaxy Medicare Limited is audited by A. K. SABAT & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A. K. SABAT & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Galaxy Medicare Limited
Galaxy Medicare has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhasish Das | Whole-Time Director | 10 Nov 2004 | 21 Years 11 Months | Current |
| Dillip Kumar Das Also directs: Alfa Transformers Limited, Gamma Electrical Equipment Private Limited, Abgt Energy Solutions Private Limited and 3 more | Managing Director | 23 Jul 1992 | 34 Years 2 Months | Current |
| Kiran Das Also directs: Oricon Industries Private Limited | Whole-Time Director | 09 Mar 2017 | 9 Years 7 Months | Current |
| Soumya Mohanty | Director | 30 Sep 2024 | 2 Years 0 Months | Current |
| Aklant Das | Director | 30 Sep 2024 | 2 Years 0 Months | Current |
| Shaswat Kumar Rout | Director | 24 Apr 2024 | 2 Years 5 Months | Current |
Ownership and Shareholding of Galaxy Medicare Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Galaxy Medicare Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 May 2026 | State Bank of India | ₹58 Lakh | Open |
| 17 Feb 2024 | Others | ₹20 Lakh | Open |
| 26 May 2022 | Others | ₹20.05 Lakh | Open |
| 18 Feb 2022 | Others | ₹7.75 Cr | Open |
| 17 Mar 2022 | Others | ₹1.04 Cr | Satisfied |
Total charge records: 11 View all charges
Deals & Funding of Galaxy Medicare Limited
Galaxy Medicare Limited has 1 deal on record (1 ipo); the latest was in September 2025.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | IPO | ₹22.31 Cr | Investors: Public Market Investors Seller: an individual |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Galaxy Medicare Limited
Galaxy Medicare Limited has 14 court cases on record: 12 filed by Galaxy Medicare, 2 filed against it. 5 cases are pending and 9 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 2 | 5 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jajpur, Odisha | Court case (Cs(i)) | Filed against the company by an individual | Pending |
| District court, Cuttack, Odisha | Court case (1C.C) | Filed by the company against an individual | Pending |
| District court, Cuttack, Odisha | Court case (1C.C) | Filed by the company against an individual | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against an individual | Pending |
| District court, Cuttack, Odisha | Court case (1C.C) | Filed by the company against Essen Enterprises | Pending |
Full case history
All 14 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Galaxy Medicare Limited
Galaxy Medicare Limited has 4 MSME Form 1 returns on record between 2016 and 2019, listing 13 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Neptune Orthopaedics Private Limited | •••• | •••• | •••• |
| Maa Tarini Papers and Cartoons Pvt Ltd., | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Galaxy Medicare Limited
Galaxy Medicare operates one associated brand: Galaxy Medicare Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of medical devices, surgical dressings, and related products in India. | galaxy.in |
Employees and EPFO Compliance at Galaxy Medicare Limited
Employment history and EPFO contributions of people linked to Galaxy Medicare.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Galaxy Medicare Limited
Galaxy Medicare Limited has 15 board changes on record since 1992: 6 appointments and 9 cessations. The latest: Aklant Das was appointed as Director on 30 Sep 2024.
28 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Galaxy Medicare Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Galaxy Medicare Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Galaxy Medicare Limited
Galaxy Medicare has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAACD7880L1ZI | Odisha | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Galaxy Medicare Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Galaxy Medicare Limited
Galaxy Medicare is an active public limited company based in Bhubaneswar, Odisha, India. The company works in medical consumables and supplies, within the healthcare industry. It was incorporated on 23 July 1992 (34+ years old) and is registered under CIN U24232OR1992PLC003113.
Galaxy Medicare reported revenue of ₹40.27 Cr for FY 2025 (up 9% YoY).
Galaxy Medicare has 6 current directors:
- Dillip Kumar Das - Managing Director
- Subhasish Das - Whole-Time Director
- Kiran Das - Whole-Time Director
- Soumya Mohanty - Director
- Aklant Das - Director
- Shaswat Kumar Rout - Director
Galaxy Medicare reported a net profit of ₹3.37 Cr (net margin 8.4%) and EBITDA of ₹5.72 Cr (EBITDA margin 14.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Galaxy Medicare is 9% over three years and 8% over five years. In the latest year (FY 2025) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Galaxy Medicare is 21AAACD7880L1ZI, registered in Odisha.
The CIN (Corporate Identification Number) of Galaxy Medicare is U24232OR1992PLC003113. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Galaxy Medicare has 14 court cases on record: 12 filed by the company and 2 filed against it. 5 are pending. Most are in the district courts.
Galaxy Medicare was incorporated on 23 July 1992, making it 34+ years old. It is registered with the Registrar of Companies, Cuttack.
Galaxy Medicare has 1 deal on record (1 ipo); the latest was in September 2025.
The peers of Galaxy Medicare by revenue are Immunoscience India Private Limited, Ami Meditex Private Limited, Matu International Private Limited, Mun Health Product (India) Private Limited, Primus Gloves Private Limited and 5 more, all in the Healthcare industry (Medical Consumables).
Aklant Das was appointed as Director on 30 Sep 2024. Soumya Mohanty was appointed as Director on 30 Sep 2024. Shaswat Kumar Rout ceased to be Additional Director on 29 Sep 2024. Galaxy Medicare has 15 board changes on record in total.