MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-29-0025713
Genericart Medicine Private Limited - pharma in Miraj, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹56.81 Cr
▲ 21% YoY
Net profit · FY 2025
₹4.14 Cr
Net margin 7.3%
EBITDA · FY 2025
₹7.98 Cr
EBITDA margin 14%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹5.75 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
102
Provident fund records
About Genericart Medicine Private Limited
Data last updated:
Genericart Medicine Private Limited is a private limited company based in Miraj, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 02 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24290PN2016PTC158184. Its GSTIN is 27AAGCG2646H1ZK (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Salim Ansar Sayyad and Shripad Manohar Kolhatkar.
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 Genericart House New S. No. 224/2 Bhokare Colony Opp. Reliance Petrol Pump Chandanwadi, Miraj, Maharashtra, India – 416410.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.81 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹4.14 Cr (net margin 7.3%) and EBITDA of ₹7.98 Cr (EBITDA margin 14%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 189% over five years.
The company has about 102 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Genericart Medicines. As per MCA filings, the company has open charges of ₹5.75 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it; 4 cases are pending.
Genericart Medicine Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-29-0025713). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website genericartmedicine.com.
Company details
CIN U24290PN2016PTC158184
Registration Number 158184
Incorporation Date 02 February 2016
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-29-0025713
Key People
Salim Ansar Sayyad Director Shripad Manohar Kolhatkar Director Smita Shripad Kolhatkar Director Recognitions & Rankings of Genericart Medicine
Contact details
Genericart Medicine Private Limited's registered office is in Miraj, Maharashtra. Its website is genericartmedicine.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressGenericart House New S. No. 224/2 Bhokare Colony Opp. Reliance Petrol Pump Chandanwadi, Miraj, Maharashtra, India – 416410
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Genericart Medicine Private Limited, buy the company report.
Comprehensive company report
Genericart Medicine Private 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
Genericart Medicine operates one associated brand: Genericart Medicines. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Generic medicine manufacturing and franchise opportunities are provided in the healthcare sector. | genericartmedicine.com |
Business activity
The main business activity of Genericart Medicine 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 Genericart Medicine Private Limited, buy the company report.
Financials of Genericart Medicine Private Limited
FY 2025 filings availableGenericart Medicine Private Limited reported revenue of ₹56.81 Cr (up 21% YoY) for FY 2025.
Revenue · FY 2025
₹56.81 Cr ▲ 21%
Net profit · FY 2025
₹4.14 Cr margin 7.3%
EBITDA · FY 2025
₹7.98 Cr margin 14%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 9%
5 years · compounded
▲ 189%
EBITDA CAGR growth
1 year
▲ 77%
3 years · compounded
▲ 64%
5 years · compounded
▲ 293%
Revenue has grown at a compounded annual rate (CAGR) of 189% over five years, including 21% growth in the latest year. EBITDA rose 77% 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 |
|---|---|---|---|---|---|
| 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 | ₹7.98 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.14 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 | |||||
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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 | 14% | ||||
| Net Profit Margin | 7.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Genericart Medicine Private Limited, buy the company report.
Board of directors of Genericart Medicine Private Limited
Genericart Medicine has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Salim Ansar Sayyad | Director | 02 Feb 2016 | 10 Years 9 Months | Current |
| Shripad Manohar Kolhatkar | Director | 02 Feb 2016 | 10 Years 9 Months | Current |
| Smita Shripad Kolhatkar | Director | 01 Jul 2020 | 6 Years 4 Months | Current |
| Taherin Salim Sayyed | Director | 01 Jul 2020 | 6 Years 4 Months | Current |
Peer comparison
Genericart Medicine Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Ramsharan and Sons Private Limited | ₹57.87 Cr (FY 2024) | 20.0% | Madhubani, Bihar, India | |||
| Hra Pharma Private Limited | ₹57.58 Cr (FY 2024) | 30.0% | Delhi, India | |||
| Lords Mark Biotech Private Limited | ₹57.23 Cr (FY 2025) | 57.0% | Mumbai, Maharashtra, India | |||
| Genericart Medicine Private Limitedthis company | ₹56.81 Cr (FY 2025) | ₹4.14 Cr | 7.3% | 21.0% | 102 | Miraj, Maharashtra, India |
| Thodupuzha Drug House Private Limited | ₹56.76 Cr (FY 2024) | 8.0% | Kochi, Kerala, India | |||
| Walter Bushnell Medivin Private Limited | ₹56.72 Cr (FY 2025) | 10.0% | Gurugram, Haryana, India | |||
| Kalgov Labs Limited | ₹56.62 Cr (FY 2025) | 34.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Genericart Medicine Private Limited, buy the company report.
Auditor
Genericart Medicine Private Limited is audited by Vedvati Lele for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vedvati Lele | FY 2023 | 148366 |
Shareholding
The shareholding of Genericart Medicine 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 Genericart Medicine Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.75 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Feb 2022 | 100532798 | Others | ₹5.75 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Genericart Medicine Private Limited has 9 court cases on record: 7 filed by Genericart Medicine, 2 filed against it. 4 cases are pending and 5 are disposed.
Total cases
9
Filed by the company
7
Filed against the company
2
Pending
4
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 4 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sangli, Maharashtra | Civil suit | Filed by the company against NB Healthcare Private Limited Etc.1 and 1 other | Pending |
| District court, Sangli, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Sangli, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against individuals | Pending |
| District court, Sangli, Maharashtra | Court case (R.C.C.) | Filed by the company against an individual | Pending |
| High Court, MAHARASHTRA | Court case (ARP) | Filed against the company by an individual | Disposed |
To see the full case history of Genericart Medicine 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 Genericart Medicine Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Genericart Medicine Private Limited has a workforce of 102 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
102
Active EPFO establishments
1
Employee growth
117.02%
GST
Genericart Medicine has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCG2646H1ZK | Maharashtra | Active | 12 Jan 2019 |
| 08AAGCG2646H1ZK | Rajasthan | Active | 22 Oct 2021 |
| 29AAGCG2646H1ZG | Karnataka | Active | 04 Dec 2021 |
To see the full GST registrations and return filing status of Genericart Medicine Private Limited, buy the company report.
Recent activity
Genericart Medicine Private Limited has 4 board changes on record since 2016: 4 appointments. The latest: Smita Shripad Kolhatkar was appointed as Director on 01 Jul 2020.
AGM
Genericart Medicine Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Genericart Medicine Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others amounted to Rs. 5.75 Cr with Charge ID 100532798 was registered on 04 Feb 2022.
Appointed
Smita Shripad Kolhatkar was appointed as Director.
Appointed
Taherin Salim Sayyed was appointed as Director.
Appointed
Salim Ansar Sayyad was appointed as Director.
Appointed
Shripad Manohar Kolhatkar was appointed as Director.
Incorporation
02 Feb 2016
Genericart Medicine Private Limited was registered on 02 Feb 2016 with Roc Pune & aged 10 years 9 months as per MCA records.
Frequently asked questions
Genericart Medicine is an active private limited company based in Miraj, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 02 February 2016 (10+ years old) and is registered under CIN U24290PN2016PTC158184.
Genericart Medicine has 4 current directors:
- Salim Ansar Sayyad - Director
- Shripad Manohar Kolhatkar - Director
- Smita Shripad Kolhatkar - Director
- Taherin Salim Sayyed - Director
The latest financial statements of Genericart Medicine 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 FY 2016 are in the company report.
The GSTIN of Genericart Medicine is 27AAGCG2646H1ZK, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 08AAGCG2646H1ZK (Rajasthan), 29AAGCG2646H1ZG (Karnataka).
The CIN (Corporate Identification Number) of Genericart Medicine is U24290PN2016PTC158184. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Genericart Medicine has 9 court cases on record: 7 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.
Genericart Medicine was incorporated on 02 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Genericart Medicine by revenue are Ramsharan and Sons Private Limited, Hra Pharma Private Limited, Lords Mark Biotech Private Limited, Thodupuzha Drug House Private Limited, Walter Bushnell Medivin Private Limited and 1 more, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Smita Shripad Kolhatkar was appointed as Director on 01 Jul 2020. Taherin Salim Sayyed was appointed as Director on 01 Jul 2020. Salim Ansar Sayyad was appointed as Director on 02 Feb 2016. Genericart Medicine has 4 board changes on record in total.
Yes, Genericart Medicine is registered as a small enterprise under Udyam registration (number: UDYAM-MH-29-0025713).
Genericart Medicine can be reached through the website genericartmedicine.com. Its registered office is in Miraj, Maharashtra, India.
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