MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-HP-10-0002170
JMM Formulation Private Limited - pharma in Kala Amb, Himachal Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.04 Cr
▲ 30% YoY
Net profit · FY 2025
₹15.43 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹1.07 Cr
EBITDA margin 6.3%
Authorised capital
₹4.15 Cr
Registered with MCA
Paid-up capital
₹3.94 Cr
Issued & subscribed
Open charges
₹30.27 Cr
Satisfied ₹2.8 Cr
Company age
10 yrs
Est. 2016
Directors on board
4
As per MCA filings
About JMM Formulation Private Limited
Data last updated:
JMM Formulation Private Limited is a private limited company based in Kala Amb, Himachal Pradesh, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 22 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U51909HP2016PTC006427. Its GSTIN is 02AAECJ1711G1Z9 (Himachal Pradesh).
The company has an authorised share capital of ₹4.15 Cr and a paid-up capital of ₹3.94 Cr. It is led by directors including Shiv Charan and Peer Chand.
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 Village – Khara Khari Tehsil – Nahan, Kala Amb, Himachal Pradesh, India – 173030.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.04 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹15.43 Lakh (net margin 0.9%) and EBITDA of ₹1.07 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 42% over five years.
As per MCA filings, the company has open charges of ₹30.27 Cr and satisfied charges of ₹2.8 Cr on record. Court records list 41 cases involving the company, including 34 filed by the company and 7 filed against it; 28 cases are pending.
JMM Formulation Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-10-0002170). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jmmformulation.com.
Company details
CIN U51909HP2016PTC006427
Registration Number 006427
Incorporation Date 22 December 2016
ROC Himachal Pradesh
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-HP-10-0002170
Recognitions & Rankings of JMM Formulation
Contact details
JMM Formulation Private Limited's registered office is in Kala Amb, Himachal Pradesh. Its website is jmmformulation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVillage – Khara Khari Tehsil – Nahan, Kala Amb, Himachal Pradesh, India – 173030
- IndustryPharma, Drug Formulation & Development
To see the full contact details of JMM Formulation Private Limited, buy the company report.
Comprehensive company report
JMM Formulation 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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Business activity
The main business activity of JMM Formulation 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 JMM Formulation Private Limited, buy the company report.
Financials of JMM Formulation Private Limited
FY 2025 filings availableJMM Formulation Private Limited reported revenue of ₹17.04 Cr (up 30% YoY) for FY 2025.
Revenue · FY 2025
₹17.04 Cr ▲ 30%
Net profit · FY 2025
₹15.43 Lakh margin 0.9%
EBITDA · FY 2025
₹1.07 Cr margin 6.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 20%
5 years · compounded
▲ 42%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 5%
5 years · compounded
▲ 100%
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 30% growth in the latest year. EBITDA rose 1% 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 | ₹17.04 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.43 Lakh | ||||
| 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 | 6.3% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 JMM Formulation Private Limited, buy the company report.
Board of directors of JMM Formulation Private Limited
JMM Formulation has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shiv Charan Also directs: Ganauli Baghwani Producer Company Limited | Director | 22 Dec 2016 | 9 Years 10 Months | Current |
| Peer Chand | Director | 22 Dec 2016 | 9 Years 10 Months | Current |
| Sushil Kumar | Director | 22 Dec 2016 | 9 Years 10 Months | Current |
| Madan Lal Also directs: Ganauli Baghwani Producer Company Limited | Director | 10 May 2018 | 8 Years 5 Months | Current |
Peer comparison
JMM Formulation Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Formulations), 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 |
|---|---|---|---|---|---|---|
| Vamsi Pharma Private Limited | ₹17.11 Cr (FY 2025) | 16.0% | Hyderabad, Telangana, India | |||
| JMM Formulation Private Limitedthis company | ₹17.04 Cr (FY 2025) | ₹15.43 Lakh | 0.9% | 30.0% | Kala Amb, Himachal Pradesh, India | |
| Anchor Pharma Private Limited | ₹17.02 Cr (FY 2025) | 11.0% | Daman, Daman and Diu, India | |||
| Elmed Life Sciences Private Limited | ₹16.97 Cr (FY 2025) | 48.0% | Medchal Malkajgiri, Telangana, India |
To see the full peer comparison of JMM Formulation Private Limited, buy the company report.
Auditor
JMM Formulation Private Limited is audited by SUDHIR CHOPRA & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUDHIR CHOPRA & CO. | FY 2024 | 507383 |
Shareholding
The shareholding of JMM Formulation Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of JMM Formulation Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30.27 Cr
Satisfied charges
₹2.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2025 | 101205231 | Hdfc Bank Limited | ₹13.35 Cr | Open | |
| 28 Apr 2025 | 101088318 | Axis Bank Limited | ₹2.27 Cr | Open | |
| 21 Feb 2025 | 101056066 | Axis Bank Limited | ₹1 Cr | Open | |
| 05 Sep 2023 | 100781316 | Axis Bank Limited | ₹2.2 Cr | Open | |
| 05 Sep 2023 | 100806221 | Axis Bank Limited | ₹3.8 Cr | Open |
To see the full charge records of JMM Formulation Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
JMM Formulation Private Limited has 41 court cases on record: 34 filed by JMM Formulation, 7 filed against it. 28 cases are pending and 13 are disposed.
Total cases
41
Filed by the company
34
Filed against the company
7
Pending
28
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 41 | 7 | 28 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sirmaur, Himachal Pradesh | Cheque dishonour complaint | Filed by the company against Elwick Lifesciences Pvt Ltd and 1 other | Pending |
| District court, Yamunanagar, Haryana | Cheque dishonour complaint | Filed by the company against Sickcure Pharmaceuticals Pvt. Ltd. and 4 others | Pending |
| District court, Sirmaur, Himachal Pradesh | Cheque dishonour complaint | Filed by the company against N N Remedies Pvt Ltd and 1 other | Pending |
| District court, Sirmaur, Himachal Pradesh | Execution petition | Filed by the company against Mridang Pharma Pvt. Ltd. and 1 other | Pending |
| District court, Sirmaur, Himachal Pradesh | Cheque dishonour complaint | Filed by the company against Sickcure Pharmaceuticals Pvt Ltd and Others | Pending |
To see the full case history of JMM Formulation 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 JMM Formulation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
JMM Formulation has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAECJ1711G1Z9 | Himachal Pradesh | Active | 21 Feb 2018 |
To see the full GST registrations and return filing status of JMM Formulation Private Limited, buy the company report.
Recent activity
JMM Formulation Private Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Madan Lal ceased to be Additional Director on 29 Sep 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 13.35 Cr with Charge ID 101205231 was registered on 29 Nov 2025.
AGM
Jmm Formulation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.27 Cr with Charge ID 101088318 was registered on 28 Apr 2025.
Filing
Jmm Formulation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Himachal Pradesh.
Charges
A charge registered on 03 Mar 2022 via Charge ID 100567814 with Axis Bank Limited was fully satisfied on 01 Mar 2025.
Charges
A charge registered on 27 Dec 2021 via Charge ID 100539521 with Axis Bank Limited was fully satisfied on 01 Mar 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.00 Cr with Charge ID 101056066 was registered on 21 Feb 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.20 Cr with Charge ID 100781316 was registered on 05 Sep 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 3.80 Cr with Charge ID 100806221 was registered on 05 Sep 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100567814 was registered on 03 Mar 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 3.15 Cr with Charge ID 100566270 was registered on 08 Feb 2022.
Charges
A charge with Axis Bank Limited of Rs. 1.80 Cr registered on 27 Dec 2021 with Charge ID 100539521 was modified on 08 Feb 2022.
8 earlier events are in the company report.
Frequently asked questions
JMM Formulation is an active private limited company based in Kala Amb, Himachal Pradesh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 22 December 2016 (10+ years old) and is registered under CIN U51909HP2016PTC006427.
JMM Formulation has 4 current directors:
- Shiv Charan - Director
- Peer Chand - Director
- Sushil Kumar - Director
- Madan Lal - Director
The latest financial statements of JMM Formulation 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 2017 are in the company report.
The GSTIN of JMM Formulation is 02AAECJ1711G1Z9, registered in Himachal Pradesh.
The CIN (Corporate Identification Number) of JMM Formulation is U51909HP2016PTC006427. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JMM Formulation has 41 court cases on record: 34 filed by the company and 7 filed against it. 28 are pending.
JMM Formulation was incorporated on 22 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of JMM Formulation by revenue are Vamsi Pharma Private Limited, Anchor Pharma Private Limited, Elmed Life Sciences Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Madan Lal ceased to be Additional Director on 29 Sep 2018. Madan Lal was appointed as Director on 10 May 2018. Peer Chand was appointed as Director on 22 Dec 2016. JMM Formulation has 5 board changes on record in total.
Yes, JMM Formulation is registered as a small enterprise under Udyam registration (number: UDYAM-HP-10-0002170).
JMM Formulation can be reached through the website jmmformulation.com. Its registered office is in Kala Amb, Himachal Pradesh, India.