MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-UK-05-0050078
Madhav Nirman Private Limited
Madhav Nirman Private Limited - pharma in Dehradun, Uttarakhand, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.26 Cr
▲ 26% YoY
Net profit · FY 2025
₹22.36 Lakh
Net margin 1.8%
EBITDA · FY 2025
₹33.31 Lakh
EBITDA margin 2.7%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.84 Cr
Issued & subscribed
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Madhav Nirman Private Limited
Data last updated:
Madhav Nirman Private Limited is a private limited company based in Dehradun, Uttarakhand, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 03 January 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Uttarakhand, under CIN U70101UR2005PTC029391. Its GSTIN is 05AAECM7716Q1ZY (Uttarakhand).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.84 Cr. It is led by directors Harish Ramchandani and Kushagra Ramchandani.
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 K. No. 1075 Madhav Complex Central Hope Town Jamanpur Selaqui, Dehradun, Uttarakhand, India – 248197.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.26 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹22.36 Lakh (net margin 1.8%) and EBITDA of ₹33.31 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 130% over five years.
Madhav Nirman Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UK-05-0050078). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U70101UR2005PTC029391
Registration Number 029391
Incorporation Date 03 January 2005
ROC Uttarakhand
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 MSME
Udyam Registration UDYAM-UK-05-0050078
Recognitions & Rankings of Madhav Nirman
Contact details
Madhav Nirman Private Limited's registered office is in Dehradun, Uttarakhand. Its e-mail address is in the company report.
- Email
- Registered AddressK. No. 1075 Madhav Complex Central Hope Town Jamanpur Selaqui, Dehradun, Uttarakhand, India – 248197
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Madhav Nirman Private Limited, buy the company report.
Comprehensive company report
Madhav Nirman 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 Madhav Nirman 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 Madhav Nirman Private Limited, buy the company report.
Financials of Madhav Nirman Private Limited
FY 2025 filings availableMadhav Nirman Private Limited reported revenue of ₹12.26 Cr (up 26% YoY) for FY 2025.
Revenue · FY 2025
₹12.26 Cr ▲ 26%
Net profit · FY 2025
₹22.36 Lakh margin 1.8%
EBITDA · FY 2025
₹33.31 Lakh margin 2.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 32%
5 years · compounded
▲ 130%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 45%
5 years · compounded
▲ 109%
Revenue has grown at a compounded annual rate (CAGR) of 130% over five years, including 26% growth in the latest year. EBITDA rose 44% 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 | ₹33.31 Lakh | ||||
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| Net Profit (PAT) | ₹22.36 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Madhav Nirman Private Limited, buy the company report.
Board of directors of Madhav Nirman Private Limited
Madhav Nirman has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Ramchandani Also directs: Mod Hike Private Limited | Director | 25 May 2024 | 2 Years 5 Months | Current |
| Kushagra Ramchandani Also directs: Mod Hike Private Limited, Grandeur Pharma Private Limited | Director | 29 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Madhav Nirman Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Thrissur Elite Drugs Private Limited | ₹12.37 Cr (FY 2025) | -28.0% | Thrissur, Kerala, India | |||
| Vivaan Chemindia Private Limited | ₹12.36 Cr (FY 2019) | -56.0% | Mumbai, Maharashtra, India | |||
| Vesta Pharmachem Private Limited | ₹12.29 Cr (FY 2025) | -9.0% | Surat, Gujarat, India | |||
| Madhav Nirman Private Limitedthis company | ₹12.26 Cr (FY 2025) | ₹22.36 Lakh | 1.8% | 26.0% | Dehradun, Uttarakhand, India | |
| Kangrin and Boqe Pharmaceutical Private Limited | ₹12.19 Cr (FY 2024) | 39.0% | Thane, Maharashtra, India | |||
| Shilasagaram Enterprises Private Limited | ₹12.18 Cr (FY 2024) | -9.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Madhav Nirman Private Limited, buy the company report.
Auditor
Madhav Nirman Private Limited is audited by G R K & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G R K & CO | FY 2020 | 017874N |
Shareholding
The shareholding of Madhav Nirman Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Madhav Nirman Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Madhav Nirman Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Madhav Nirman Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Madhav Nirman has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAECM7716Q1ZY | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Madhav Nirman Private Limited, buy the company report.
Recent activity
Madhav Nirman Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Dhairya Ramchandani ceased to be Director on 11 Aug 2025.
AGM
Madhav Nirman Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Dhairya Ramchandani ceased to be Director.
Filing
Madhav Nirman Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttarakhand.
Ceased
Duiti Ramchandani ceased to be Director.
Appointed
Harish Ramchandani was appointed as Director.
Appointed
Kushagra Ramchandani was appointed as Director.
Ceased
Harish Ramchandani ceased to be Director.
Ceased
Manjari Ramchandani ceased to be Director.
Incorporation
03 Jan 2005
Madhav Nirman Private Limited was registered on 03 Jan 2005 with Roc Uttarakhand & aged 21 years 9 months as per MCA records.
Frequently asked questions
Madhav Nirman is an active private limited company based in Dehradun, Uttarakhand, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 03 January 2005 (21+ years old) and is registered under CIN U70101UR2005PTC029391.
Madhav Nirman has 2 current directors:
- Harish Ramchandani - Director
- Kushagra Ramchandani - Director
The latest financial statements of Madhav Nirman 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 2015 are in the company report.
The GSTIN of Madhav Nirman is 05AAECM7716Q1ZY, registered in Uttarakhand.
The CIN (Corporate Identification Number) of Madhav Nirman is U70101UR2005PTC029391. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhav Nirman was incorporated on 03 January 2005, making it 21+ years old. It is registered with the Registrar of Companies, Uttarakhand.
The peers of Madhav Nirman by revenue are Thrissur Elite Drugs Private Limited, Vivaan Chemindia Private Limited, Vesta Pharmachem Private Limited, Kangrin and Boqe Pharmaceutical Private Limited, Shilasagaram Enterprises Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Dhairya Ramchandani ceased to be Director on 11 Aug 2025. Duiti Ramchandani ceased to be Director on 15 Jun 2024. Harish Ramchandani was appointed as Director on 25 May 2024. Madhav Nirman has 6 board changes on record in total.
Yes, Madhav Nirman is registered as an MSME under Udyam registration (number: UDYAM-UK-05-0050078).
The registered office of Madhav Nirman is at K. No. 1075 Madhav Complex Central Hope Town Jamanpur Selaqui, Dehradun, Uttarakhand, India – 248197.
Madhav Nirman operates in the pharma industry, in the pharmaceutical retailers and distributors segment.