About Macheal Laboratories Limited
Data last updated:
Macheal Laboratories Limited is a public limited company based in Gujarat, India, a subsidiary of Amegh Pharma Private Limited. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 27 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ2003PLC042549. Its GSTIN is 24AADCM5712D1ZY (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Payal Mohan (Whole-Time Director) and Vipul Mohan (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 2025. The registered office is at 814 Devpath Behind Lalbunglow Off C.G. Road Ahmedabad 6, Gujarat, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.37 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹35.15 Lakh (net margin 6.5%) and EBITDA of ₹52.89 Lakh (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.
The company is associated with 1 brand: Macheal. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website macheal.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address814 Devpath Behind Lalbunglow Off C.G. Road Ahmedabad 6, Gujarat, India
- IndustryPharma, Drug Formulation & Development
- 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 Macheal Laboratories Limited
The main business activity of Macheal Laboratories is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Macheal Laboratories Limited FY 2025 filings available
Macheal Laboratories Limited reported revenue of ₹5.37 Cr (up 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Macheal Laboratories Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 39% growth in the latest year. EBITDA rose 14% 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 Macheal Laboratories Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹52.89 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹35.15 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 | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Macheal Laboratories Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.5% | •••• | •••• | •••• | •••• |
| 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 Macheal Laboratories 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 Macheal Laboratories Limited
Macheal Laboratories Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vatican Life Sciences Private Limited | ₹5.39 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Karnal, Haryana, India |
| Bvk's Bioscience Private Limited | ₹5.38 Cr (FY 2025) | •••• | •••• | 738.0% | •••• | Kalol, Gujarat, India |
| Firstmed Therapeutics Private Limited | ₹5.38 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Vanur Tk, Tamil Nadu, India |
| Makeway Formulations Private Limited | ₹5.38 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Bhubaneswar, Odisha, India |
| Biosync Pharmaceuticals Private Limited | ₹5.38 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Chandigarh, India |
| Macheal Laboratories Limited this company | ₹5.37 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Gujarat, India |
| Cardo Pharma Private Limited | ₹5.37 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Patna, Bihar, India |
| Upsilon Pharmaceuticals Health Care Private Limited | ₹5.37 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Gwalior, Madhya Pradesh, India |
| Jyoti Vishnu Pharma Private Limited | ₹5.37 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Hyderabad, Telangana, India |
| JPM Pharma & Chemicals Private Limited | ₹5.36 Cr (FY 2024) | •••• | •••• | 80.0% | •••• | Mumbai, Maharashtra, India |
| Aurocare Lifesciences Private Limited | ₹5.36 Cr (FY 2024) | •••• | •••• | 32.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Macheal Laboratories by revenue in the Pharma industry (Formulations), 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 Macheal Laboratories Limited
Macheal Laboratories Limited is audited by V.SHIVKUMAR & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V.SHIVKUMAR & ASSOCIATES | 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 Macheal Laboratories Limited
Macheal Laboratories has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aman Vipul Mohan | Additional Director | 02 Apr 2018 | 8 Years 6 Months | Current |
| Payal Mohan Also directs: Amegh Pharma Private Limited | Whole-Time Director | 18 Oct 2007 | 19 Years 0 Months | Current |
| Vipul Mohan Also directs: Amegh Pharma Private Limited | Whole-Time Director | 18 Oct 2007 | 19 Years 0 Months | Current |
Ownership and Shareholding of Macheal Laboratories 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 Macheal Laboratories Limited
Macheal Laboratories Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Macheal Laboratories Limited
Macheal Laboratories Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Shri D J Barot, Income Tax Officer | Disposed |
Full case history
All 1 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.
Associated Brands with Macheal Laboratories Limited
Macheal Laboratories operates one associated brand: Macheal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures pharmaceutical tablets, capsules, and injections for global distribution. | macheal.in |
Employees and EPFO Compliance at Macheal Laboratories Limited
Employment history and EPFO contributions of people linked to Macheal Laboratories.
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 Macheal Laboratories Limited
Macheal Laboratories Limited has 10 board changes on record since 2007: 3 appointments and 7 cessations. The latest: Kripa Sanjay Shah ceased to be Managing Director on 02 Jan 2019.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Macheal Laboratories 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.
MSME Payment Delays by Macheal Laboratories Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Macheal Laboratories 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 Macheal Laboratories Limited
Macheal Laboratories has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCM5712D1ZY | Gujarat | Active | 01 Jul 2017 |
| 27AADCM5712D1ZS | Maharashtra | Active | 11 Mar 2019 |
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 Macheal Laboratories 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 Macheal Laboratories Limited
Macheal Laboratories is an active public limited company based in Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 27 June 2003 (23+ years old) and is registered under CIN U24231GJ2003PLC042549.
Macheal Laboratories reported revenue of ₹5.37 Cr for FY 2024 (up 39% YoY).
Macheal Laboratories has 3 current directors:
- Payal Mohan - Whole-Time Director
- Vipul Mohan - Whole-Time Director
- Aman Vipul Mohan - Additional Director
Macheal Laboratories reported a net profit of ₹35.15 Lakh (net margin 6.5%) and EBITDA of ₹52.89 Lakh (EBITDA margin 9.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Macheal Laboratories is -3% over three years and 3% over five years. In the latest year (FY 2024) revenue rose 39%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Macheal Laboratories is 24AADCM5712D1ZY, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AADCM5712D1ZS (Maharashtra).
The CIN (Corporate Identification Number) of Macheal Laboratories is U24231GJ2003PLC042549. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Macheal Laboratories has 1 court case on record: 1 filed against it.
Macheal Laboratories was incorporated on 27 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Macheal Laboratories by revenue are Vatican Life Sciences Private Limited, Bvk's Bioscience Private Limited, Firstmed Therapeutics Private Limited, Makeway Formulations Private Limited, Biosync Pharmaceuticals Private Limited and 5 more, all in the Pharma industry (Formulations).
Kripa Sanjay Shah ceased to be Managing Director on 02 Jan 2019. Aman Vipul Mohan was appointed as Additional Director on 02 Apr 2018. Payal Mohan ceased to be Director on 30 Apr 2016. Macheal Laboratories has 10 board changes on record in total.