About Makjai Laboratories Pvt Ltd
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Makjai Laboratories Pvt Ltd is a private limited company based in Kolhapur, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 30 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24231MH1992PTC068840. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.6 Cr and a paid-up capital of ₹2.59 Cr. It is led by directors including Makarand Mohan Mulherkar and Mohan Madhukar Mulherkar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at D – 33 MIDC Gokul Shirgaon Kolhapur – 416234, Maharashtra, India – 416234.
As per the financials filed for FY 2022, the company reported a revenue of ₹17.68 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹86.8 Lakh (net margin -491%) and EBITDA of -₹37.11 Lakh (EBITDA margin -210%). Revenue has declined at a compounded annual rate (CAGR) of 71% over three years and 50% over five years.
As per MCA filings, the company has open charges of ₹24.6 Cr and satisfied charges of ₹65 Lakh on record. Court records list 26 cases involving the company, including 9 filed by the company and 17 filed against it; 6 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹60 Lakh; the latest was in March 2008. Its 3 peer companies in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 1 larger and 2 smaller; the largest is Curapro Formulations and Hygienic Private Limited with revenue of ₹17.68 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website makjaigroup.com.
Company details
Contact details
Makjai Laboratories Pvt Ltd's registered office is in Kolhapur, Maharashtra. Its website is makjaigroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD – 33 MIDC Gokul Shirgaon Kolhapur – 416234, Maharashtra, India – 416234
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Makjai Laboratories Pvt Ltd, 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 Makjai 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 Makjai Laboratories Pvt Ltd, buy the company report.
Financials of Makjai Laboratories Pvt Ltd
FY 2022 filings availableMakjai Laboratories Pvt Ltd reported revenue of ₹17.68 Lakh (down 83% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 50% over five years, including a 83% fall in the latest year. EBITDA rose 59% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹17.68 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹37.11 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹86.8 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -210% | ||||
| Net Profit Margin | -491% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Makjai Laboratories Pvt Ltd, buy the company report.
Board of directors of Makjai Laboratories Pvt Ltd
Makjai Laboratories has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Makarand Mohan Mulherkar Also directs: Makjai Pharmaceuticals Limited, Makjai Airlines Limited | Director | 01 Jun 2022 | 4 Years 5 Months | Current |
| Mohan Madhukar Mulherkar Also directs: Makjai Pharmaceuticals Limited, Makjai Airlines Limited | Director | 01 Nov 2021 | 5 Years 0 Months | Current |
| Meenal Mulherkar Makarand Also directs: Makjai Pharmaceuticals Limited, Makjai Airlines Limited | Director | 15 Mar 2019 | 7 Years 7 Months | Current |
| Veena Mohan Mulherkar Also directs: Makjai Pharmaceuticals Limited, Makjai Airlines Limited | Director | 30 Sep 1992 | 34 Years 1 Months | Current |
Peer comparison
Makjai Laboratories Pvt Ltd 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 |
|---|---|---|---|---|---|---|
| Curapro Formulations and Hygienic Private Limited | ₹17.68 Lakh (FY 2021) | 164.0% | Chinchwad, Maharashtra, India | |||
| Makjai Laboratories Pvt Ltdthis company | ₹17.68 Lakh (FY 2022) | -₹86.8 Lakh | -491% | -83.0% | Kolhapur, Maharashtra, India | |
| Ba Alavi Sadath Ayurvedic Research (India) Private Limited | ₹17.67 Lakh (FY 2025) | 46.0% | Malappuram, Kerala, India | |||
| Tenshi KSM Private Limited | ₹17.6 Lakh (FY 2021) | -82.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Makjai Laboratories Pvt Ltd, buy the company report.
Auditor
Makjai Laboratories Pvt Ltd is audited by S A W & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S A W & ASSOCIATES | FY 2022 | 143963W |
Shareholding
The shareholding of Makjai Laboratories Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Makjai Laboratories Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2020 | 100383537 | Others | ₹1 Cr | Open | |
| 26 Jun 2020 | 100348435 | Others | ₹27 Lakh | Open | |
| 04 Jan 2019 | 100235481 | Others | ₹4.3 Cr | Open | |
| 15 Nov 2018 | 100221754 | Others | ₹5.79 Cr | Open | |
| 15 Nov 2018 | 100221756 | Others | ₹2.04 Cr | Open |
To see the full charge records of Makjai Laboratories Pvt Ltd, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Makjai Laboratories Pvt Ltd has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹60 Lakh; the latest was in March 2008.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2007 | Funding round | ₹60 Lakh | Investors: an individual |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Makjai Laboratories Pvt Ltd has 26 court cases on record: 9 filed by Makjai Laboratories, 17 filed against it. 6 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 5 | 6 |
| High courts | 12 | 12 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (AO) | Filed against the company by Bank of Baroda | Disposed |
| Bombay High Court | Court case (CAA) | Filed against the company by Bank of Baroda | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Bank of Baroda | Disposed |
| Bombay High Court | Court case (AO) | Filed against the company by Bank of Baroda | Disposed |
| Bombay High Court | Court case (CAA) | Filed against the company by Bank of Baroda | Disposed |
To see the full case history of Makjai Laboratories Pvt Ltd, 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 Makjai Laboratories Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Makjai Laboratories has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Makjai Laboratories Pvt Ltd, buy the company report.
Recent activity
Makjai Laboratories Pvt Ltd has 6 board changes on record since 1992: 4 appointments and 2 cessations. The latest: Makarand Mohan Mulherkar was appointed as Director on 01 Jun 2022.
14 earlier events are in the company report.
Frequently asked questions
Makjai Laboratories is an active private limited company based in Kolhapur, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 30 September 1992 (34+ years old) and is registered under CIN U24231MH1992PTC068840.
Makjai Laboratories has 4 current directors:
- Makarand Mohan Mulherkar - Director
- Mohan Madhukar Mulherkar - Director
- Meenal Mulherkar Makarand - Director
- Veena Mohan Mulherkar - Director
The latest financial statements of Makjai Laboratories on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Makjai Laboratories has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Makjai Laboratories is U24231MH1992PTC068840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Makjai Laboratories has 26 court cases on record: 9 filed by the company and 17 filed against it. 6 are pending. Most are in the district courts.
Makjai Laboratories was incorporated on 30 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Pune.
Makjai Laboratories has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹60 Lakh; the latest was in March 2008.
The peers of Makjai Laboratories by revenue are Curapro Formulations and Hygienic Private Limited, Ba Alavi Sadath Ayurvedic Research (India) Private Limited, Tenshi KSM Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Makarand Mohan Mulherkar was appointed as Director on 01 Jun 2022. Mohan Madhukar Mulherkar was appointed as Director on 01 Nov 2021. Makarand Mohan Mulherkar ceased to be Director on 21 Mar 2019. Makjai Laboratories has 6 board changes on record in total.
Makjai Laboratories can be reached through the website makjaigroup.com. Its registered office is in Kolhapur, Maharashtra, India.
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