About Mackinon Enterprises Private Limited
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Mackinon Enterprises Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Shanghvi Finance Private Limited. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 25 July 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH1996PTC101370. Its GSTIN is 27AABCS4382B2ZJ (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as M J Pharmaceuticals Private Limited and M J Pharmaceuticals Limited. It is led by directors Paras Bhaskarrai Mehta and Swati Chetan Jagetia.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at F. P. 145 Ram Mandir Road Vile Parle (East), Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2025, the company reported a revenue of ₹504.87 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹115.91 Cr (net margin 23%) and EBITDA of ₹249.88 Cr (EBITDA margin 49.5%). Revenue has grown at a compounded annual rate (CAGR) of 119% over three years and 47% over five years.
As per MCA filings, the company has open charges of ₹75 Cr and satisfied charges of ₹275 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending. The company has 3 deals on record (3 acquisitions); the latest was in April 2005.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mckinnon.co.in.
Company details
Name history
Mackinon Enterprises has undergone 2 name changes throughout its history. The company was previously known as M J Pharmaceuticals Private Limited, and M J Pharmaceuticals Limited. The current legal name is Mackinon Enterprises Private Limited.
| Company Name | Status |
|---|---|
| Mackinon Enterprises Private Limited | Current |
| M J Pharmaceuticals Private Limited | Previous |
| M J Pharmaceuticals Limited | Previous |
CIN history
Mackinon Enterprises has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24230MH1996PTC101370, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24230MH1996PTC101370 | Current |
| U24230MH1996PLC101370 | Previous |
| L24230MH1996PLC101370 | Previous |
Contact details
Mackinon Enterprises Private Limited's registered office is in Mumbai, Maharashtra. Its website is mckinnon.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressF. P. 145 Ram Mandir Road Vile Parle (East), Mumbai, Maharashtra, India – 400057
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Mackinon Enterprises 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
Business activity
The main business activity of Mackinon Enterprises 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 Mackinon Enterprises Private Limited, buy the company report.
Financials of Mackinon Enterprises Private Limited
FY 2025 filings availableMackinon Enterprises Private Limited reported revenue of ₹504.87 Cr (up 58% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 58% growth in the latest year. EBITDA rose 13% 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 |
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| EBITDA | ₹249.88 Cr | ||||
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| Net Profit (PAT) | ₹115.91 Cr | ||||
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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 | 49.5% | ||||
| Net Profit Margin | 23% | ||||
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To see the full financial statements and ratios of Mackinon Enterprises Private Limited, buy the company report.
Board of directors of Mackinon Enterprises Private Limited
Mackinon Enterprises has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paras Bhaskarrai Mehta Also directs: Solar Power Technologies India LLP, Sun Hydro Energy Private Limited, Sun Hydroelectric Power Private Limited and 5 more | Director | 18 Feb 2025 | 1 Years 8 Months | Current |
| Swati Chetan Jagetia Also directs: Solar Power Technologies India LLP, Navajivan Rasayan (Gujarat) Private Limited, Tejaskiran Enterprises Private Limited and 5 more | Additional Director | 10 Nov 2025 | 0 Years 11 Months | Current |
Auditor
Mackinon Enterprises Private Limited is audited by Harshal Mehta & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Harshal Mehta & Associates | FY 2022 | 152736W |
Shareholding
The shareholding of Mackinon Enterprises 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 Mackinon Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Apr 2025 | 101089194 | Others | ₹75 Cr | Open | |
| 25 Apr 2019 | 100261736 | Others | ₹275 Cr | Satisfied |
To see the full charge records of Mackinon Enterprises Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Mackinon Enterprises Private Limited has 3 deals on record (3 acquisitions); the latest was in April 2005.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2005 | Acquisition | Undisclosed | Buyer: Sun Pharmaceutical Industries Limited |
| May 2002 | Acquisition | Undisclosed | Buyer: Sun Pharmaceutical Industries Limited |
| Jan 1996 | Acquisition | Undisclosed | Buyer: Sun Pharmaceutical Industries Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mackinon Enterprises Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
| NCLAT | 2 | 2 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Commercial suit | Filed against the company by Dosti Realty Ltd. and 4 Ors. | Disposed |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by individuals | Pending |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by individuals | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by The Commissioner of Income Tax,Central-Iii, Mumbai. | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by an individual | Disposed |
To see the full case history of Mackinon Enterprises 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 Mackinon Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mackinon Enterprises has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS4382B2ZJ | Maharashtra | Active | 31 Mar 2018 |
| 24AABCS4382B2ZP | Gujarat | Active | 13 Jan 2023 |
To see the full GST registrations and return filing status of Mackinon Enterprises Private Limited, buy the company report.
Recent activity
Mackinon Enterprises Private Limited has 14 board changes on record since 2010: 2 appointments and 12 cessations. The latest: Swati Chetan Jagetia was appointed as Additional Director on 10 Nov 2025.
8 earlier events are in the company report.
Frequently asked questions
Mackinon Enterprises is an active private limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 25 July 1996 (30+ years old) and is registered under CIN U24230MH1996PTC101370.
Mackinon Enterprises has 2 current directors:
- Paras Bhaskarrai Mehta - Director
- Swati Chetan Jagetia - Additional Director
The latest financial statements of Mackinon Enterprises on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mackinon Enterprises is 27AABCS4382B2ZJ, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 24AABCS4382B2ZP (Gujarat).
The CIN (Corporate Identification Number) of Mackinon Enterprises is U24230MH1996PTC101370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mackinon Enterprises has 5 court cases on record: 5 filed against it. 1 is pending. Most are in the high courts.
Mackinon Enterprises was incorporated on 25 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Mackinon Enterprises has 3 deals on record (3 acquisitions); the latest was in April 2005.
Swati Chetan Jagetia was appointed as Additional Director on 10 Nov 2025. Paras Bhaskarrai Mehta ceased to be Additional Director on 23 Sep 2025. Vivek Mittal ceased to be Additional Director on 23 Sep 2025. Mackinon Enterprises has 14 board changes on record in total.
Mackinon Enterprises can be reached through the website mckinnon.co.in. Its registered office is in Mumbai, Maharashtra, India.
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