MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0016772
Makcur Laboratories Limited - pharma in Dehgam, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹103.51 Cr
▲ 14% YoY
Net profit · FY 2025
₹5.32 Cr
Net margin 5.1%
EBITDA · FY 2025
₹14.84 Cr
EBITDA margin 14.3%
Authorised capital
₹18.75 Cr
Registered with MCA
Paid-up capital
₹18.75 Cr
Issued & subscribed
Open charges
₹78.53 Cr
Satisfied ₹42.31 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
169
Provident fund records
About Makcur Laboratories Limited
Data last updated:
Makcur Laboratories Limited is a public limited company based in Dehgam, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 25 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U99999GJ1996PLC029439. Its GSTIN is 24AABCM0523C1ZB (Gujarat).
The company has an authorised share capital of ₹18.75 Cr and a paid-up capital of ₹18.75 Cr. It was formerly known as Makcur Laboratories Private Limited. It is led by directors including Dhirajlal Laljibhai Patel (Managing Director) and Brijesh Dhirajlal Patel.
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 46/4 – 7 Dehgam Road Zak Village, Tal – Dehgam Dist. – Gandhinagar, Gujarat, India – 382305.
As per the financials filed for FY 2025, the company reported a revenue of ₹103.51 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹5.32 Cr (net margin 5.1%) and EBITDA of ₹14.84 Cr (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 22% over five years.
The company has about 169 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Makcur laboratories. As per MCA filings, the company has open charges of ₹78.53 Cr and satisfied charges of ₹42.31 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it. The company has 15 deals on record (11 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹2.7 Cr; the latest was in April 2018. Its 6 peer companies in the Healthcare industry (Formulations, Medical Consumables), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 3 smaller; the largest is Iscon Surgicals Limited with revenue of ₹104.26 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 196 overdue payments to 61 micro and small suppliers.
Makcur Laboratories Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0016772). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website makcur.com.
Company details
CIN U99999GJ1996PLC029439
Registration Number 029439
Incorporation Date 25 April 1996
ROC Ahmedabad
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 Medium
Udyam Registration UDYAM-GJ-01-0016772
CIN history
Makcur Laboratories has one previous CIN (Corporate Identification Number): U99999GJ1996PTC029439. The current CIN is U99999GJ1996PLC029439, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999GJ1996PLC029439 | Current |
| U99999GJ1996PTC029439 | Previous |
Key People
Dhirajlal Laljibhai Patel Managing Director Brijesh Dhirajlal Patel Director Milankumar Dhirajlal Patel Director Recognitions & Rankings of Makcur Laboratories
Contact details
Makcur Laboratories Limited's registered office is in Dehgam, Gujarat. Its website is makcur.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address46/4 – 7 Dehgam Road Zak Village, Tal – Dehgam Dist. – Gandhinagar, Gujarat, India – 382305
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Makcur Laboratories Limited, buy the company report.
Comprehensive company report
Makcur Laboratories 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
Makcur Laboratories operates one associated brand: Makcur laboratories. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures pharmaceutical formulations including liquid and powder injections for healthcare. | makcur.com |
Business activity
The main business activity of Makcur Laboratories 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 Makcur Laboratories Limited, buy the company report.
Financials of Makcur Laboratories Limited
FY 2025 filings availableMakcur Laboratories Limited reported revenue of ₹103.51 Cr (up 14% YoY) for FY 2025.
Revenue · FY 2025
₹103.51 Cr ▲ 14%
Net profit · FY 2025
₹5.32 Cr margin 5.1%
EBITDA · FY 2025
₹14.84 Cr margin 14.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 5%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 28%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 14% growth in the latest year. EBITDA rose 22% 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 | ₹14.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.32 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 | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.3% | ||||
| Net Profit Margin | 5.1% | ||||
| 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 Makcur Laboratories Limited, buy the company report.
Board of directors of Makcur Laboratories Limited
Makcur Laboratories has 3 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 |
|---|---|---|---|---|
| Brijesh Dhirajlal Patel | Director | 19 Oct 2014 | 12 Years 0 Months | Current |
| Dhirajlal Laljibhai Patel Also directs: Atharva BR Tradelinks LLP, Aditya Fin-Fab Pvt.Ltd. | Managing Director | 03 Sep 2015 | 11 Years 1 Months | Current |
| Milankumar Dhirajlal Patel | Director | 01 May 2004 | 22 Years 5 Months | Current |
Peer comparison
Makcur Laboratories Limited is compared with the 6 companies closest to it by revenue in the Healthcare industry (Formulations, Medical Consumables), 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 |
|---|---|---|---|---|---|---|
| Iscon Surgicals Limited | ₹104.26 Cr (FY 2025) | 6.0% | Jodhpur, Rajasthan, India | |||
| Suraksha Pharma Private Limited | ₹103.85 Cr (FY 2025) | 24.0% | Hyderabad, Telangana, India | |||
| Sirmaxo Chemicals Pvt Ltd | ₹103.62 Cr (FY 2025) | 6.0% | Mumbai, Maharashtra, India | |||
| Makcur Laboratories Limitedthis company | ₹103.51 Cr (FY 2025) | ₹5.32 Cr | 5.1% | 14.0% | 169 | Dehgam, Gujarat, India |
| Vasista Pharma Chem Private Limited | ₹103.26 Cr (FY 2025) | 22.0% | Atchutapuram, Andhra Pradesh, India | |||
| Satyadeva Pharmaceuticals Private Limited | ₹102.95 Cr (FY 2025) | 5.0% | Medak, Telangana, India | |||
| Aura Lifecare Private Limited | ₹102.72 Cr (FY 2025) | 15.0% | Savli, Gujarat, India |
To see the full peer comparison of Makcur Laboratories Limited, buy the company report.
Auditor
Makcur Laboratories Limited is audited by PRIYAM R SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRIYAM R SHAH & ASSOCIATES | FY 2023 | 118421W |
Shareholding
The shareholding of Makcur Laboratories Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Makcur Laboratories Limited, buy the company report.
Charges & borrowings
Open charges
₹78.53 Cr
Satisfied charges
₹42.31 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2024 | 100890588 | Hdfc Bank Limited | ₹57.76 Lakh | Open | |
| 22 Dec 2023 | 100838898 | Hdfc Bank Limited | ₹1.88 Cr | Open | |
| 20 Dec 2023 | 100835380 | Hdfc Bank Limited | ₹35.05 Lakh | Open | |
| 31 Mar 2022 | 100567909 | Hdfc Bank Limited | ₹1.57 Cr | Open | |
| 28 Dec 2021 | 100523888 | Hdfc Bank Limited | ₹25.36 Lakh | Open |
To see the full charge records of Makcur Laboratories Limited, buy the company report.
Total charge records: 22 View all charges
Deals & funding
Makcur Laboratories Limited has 15 deals on record (11 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹2.7 Cr; the latest was in April 2018.
Total deals
15
Secondary share transfers
11
Funding rounds
3
Rights issue
1
Disclosed funding
₹2.7 Cr
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Ajit Export Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Vindus Holdings Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Vindus Holdings Limited |
| May 2010 | Funding round | ₹72 Lakh | Investors: Vindus Holdings Limited , 3 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Ranjit Distributors Private Limited , Innocent Mercandise Private Limited, an individual |
To see the full deal history of Makcur Laboratories Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Makcur Laboratories Limited has 6 court cases on record: 1 filed by Makcur Laboratories, 5 filed against it. All cases are disposed.
Total cases
6
Filed by the company
1
Filed against the company
5
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Infallible Pharma Pvt. Ltd. - RS. 2862405 | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed against the company by Mak Polyplast Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Troikaa Pharmaceuticals Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Makcur Laboratories 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.
Credit ratings & regulatory alerts
Makcur Laboratories Limited was last rated by Care on 31 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 31 Aug 2021 |
To see the full credit ratings and regulatory alerts of Makcur Laboratories Limited, buy the company report.
MSME payment delays
Makcur Laboratories Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 196 overdue payments to 61 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 61)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Choksi Laboratories Limited | |||
| Avm Packaging | |||
| Bharat Rubber Works Private Limited | |||
| Krishna Glass Industries |
To see the full MSME payment records of Makcur Laboratories Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Makcur Laboratories Limited has a workforce of 169 employees on its EPFO records as of Feb 27, 2025, across 1 active EPFO establishment.
Employee count
169
Active EPFO establishments
1
Employee growth
22.46%
GST
Makcur Laboratories has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM0523C1ZB | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Makcur Laboratories Limited, buy the company report.
Recent activity
Makcur Laboratories Limited has 6 board changes on record since 2004: 4 appointments and 2 cessations. The latest: Smit Shailesh Shah was appointed as Company Secretary on 13 Nov 2018.
AGM
Makcur Laboratories Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 71.30 Cr registered on 31 Dec 2020 with Charge ID 100406610 was modified on 23 May 2025.
Filing
Makcur Laboratories Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 07 Nov 2020 via Charge ID 100391306 with Others was fully satisfied on 28 Nov 2024.
Charges
A charge registered on 23 Oct 2020 via Charge ID 100397936 with Others was fully satisfied on 14 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.58 Cr with Charge ID 100890588 was registered on 14 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.88 Cr with Charge ID 100838898 was registered on 22 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100835380 was registered on 20 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.57 Cr with Charge ID 100567909 was registered on 31 Mar 2022.
Charges
A charge registered on 03 Jan 2018 via Charge ID 100146868 with Others was fully satisfied on 09 Feb 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100523888 was registered on 28 Dec 2021.
Charges
A charge with Others amounted to Rs. 2.60 Cr with Charge ID 100452872 was registered on 21 Jun 2021.
38 earlier events are in the company report.
Frequently asked questions
Makcur Laboratories is an active public limited company based in Dehgam, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 25 April 1996 (30+ years old) and is registered under CIN U99999GJ1996PLC029439.
Makcur Laboratories has 3 current directors:
- Dhirajlal Laljibhai Patel - Managing Director
- Brijesh Dhirajlal Patel - Director
- Milankumar Dhirajlal Patel - Director
The latest financial statements of Makcur Laboratories 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 Makcur Laboratories is 24AABCM0523C1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Makcur Laboratories is U99999GJ1996PLC029439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Makcur Laboratories has 6 court cases on record: 1 filed by the company and 5 filed against it. Most are in the district courts.
Makcur Laboratories was incorporated on 25 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Makcur Laboratories has 15 deals on record (11 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹2.7 Cr; the latest was in April 2018.
The peers of Makcur Laboratories by revenue are Iscon Surgicals Limited, Suraksha Pharma Private Limited, Sirmaxo Chemicals Pvt Ltd, Vasista Pharma Chem Private Limited, Satyadeva Pharmaceuticals Private Limited and 1 more, all in the Healthcare industry (Formulations, Medical Consumables), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Smit Shailesh Shah was appointed as Company Secretary on 13 Nov 2018. Brijesh Dhirajlal Patel ceased to be Additional Director on 30 Sep 2015. Dhirajlal Laljibhai Patel was appointed as Managing Director on 03 Sep 2015. Makcur Laboratories has 6 board changes on record in total.
Yes, Makcur Laboratories is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0016772).
Makcur Laboratories has 13 MSME Form 1 returns on record between 2019 and 2024, listing 196 overdue payments to 61 micro and small suppliers. The latest return was filed on 01 May 2024.
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