About Martin & Harris Private Limited
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Martin & Harris Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 29 April 1924 and has been in existence for over 102 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51100DL1924PTC274723. Its GSTIN is 07AACCM1777H1ZE (Delhi). The company holds 19 GST registrations, of which 15 are active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It was formerly known as Martin & Harris Limited. It is led by directors including Brijesh Kumar Dhondiyal and Sunder Singh Bhandari.
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 Shop No – 06 G/F L.S.C – Panchsheel Park Near Mother Dairy, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2025, the company reported a revenue of ₹398.47 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹11.46 Cr (net margin 2.9%) and EBITDA of ₹15.55 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 16% over five years.
The company has about 107 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹20.6 Cr on record. Court records list 236 cases involving the company, including 185 filed by the company and 51 filed against it; 43 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.88 Cr; the latest was in March 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website martinandharris.com.
Company details
CIN history
Martin & Harris has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51100DL1924PTC274723, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100DL1924PTC274723 | Current |
| U65993DL1924PTC274723 | Previous |
| U65993WB1924PTC004868 | Previous |
Contact details
Martin & Harris Private Limited's registered office is in New Delhi, Delhi. Its website is martinandharris.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No – 06 G/F L.S.C – Panchsheel Park Near Mother Dairy, New Delhi, Delhi, India – 110017
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Martin & Harris 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 activities of Martin & Harris are trade and manufacturing. In detail, this covers wholesale trading and chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Martin & Harris Private Limited, buy the company report.
Financials of Martin & Harris Private Limited
FY 2025 filings availableMartin & Harris Private Limited reported revenue of ₹398.47 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 19% growth in the latest year. EBITDA rose 139% 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 | ₹15.55 Cr | ||||
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| Net Profit (PAT) | ₹11.46 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 | 3.9% | ||||
| Net Profit Margin | 2.9% | ||||
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To see the full financial statements and ratios of Martin & Harris Private Limited, buy the company report.
Board of directors of Martin & Harris Private Limited
Martin & Harris has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunder Singh Bhandari | Additional Director | 15 Oct 2024 | 2 Years 0 Months | Current |
| Amit Mahesh Pareek | Additional Director | 30 Jun 2025 | 1 Years 4 Months | Current |
| Brijesh Kumar Dhondiyal Also directs: Magnora Businesses Private Limited, Auronity Innoventures Private Limited, Chang Investchem Private Limited and 5 more | Director | 22 May 2023 | 3 Years 5 Months | Current |
Auditor
Martin & Harris Private Limited is audited by G. BASU & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G. BASU & CO | FY 2023 | 301174E |
Shareholding
The shareholding of Martin & Harris 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 Martin & Harris Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2005 | 90250890 | Lord Krishna Bank Ltd. | ₹20 Cr | Satisfied | |
| 21 Aug 1963 | 90249413 | Punjab National Bank | ₹60 Lakh | Satisfied |
To see the full charge records of Martin & Harris Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Martin & Harris Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.88 Cr; the latest was in March 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Welladra Healthcare Private Limited Seller: Martin and Harris Pharmaceuticals Private Limited , Asvin Investment & Leasing Private Limited, Nishant Pharmaceuticals Private Limited |
| Jan 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Llyode Bank, 3 individuals |
| Mar 2008 | Funding round | ₹3.52 Cr | Investors: Punjab Estates Private Limited, Nishant Pharmaceuticals Private Limited , Asvin Investment & Leasing Private Limited |
| Mar 2006 | Funding round | ₹1.36 Cr | Investors: Martin and Harris Pharmaceuticals Private Limited , Punjab Estates Private Limited, Nishant Pharmaceuticals Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Martin & Harris Private Limited has 236 court cases on record: 185 filed by Martin & Harris, 51 filed against it. 43 cases are pending and 193 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 114 | 28 | 17 |
| District courts | 108 | 21 | 26 |
| Supreme Court | 14 | 2 | 0 |
Cases on record (5 of 236)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (COMMP) | Filed by the company against Neon Laboratories Ltd. and Another and 1 other | Pending |
| High Court, MAHARASHTRA | Court case (COMMP) | Filed by the company against BMW Pharmaco India Pvt. Ltd. and Another and 1 other | Pending |
| High Court, MAHARASHTRA | Court case (COMMP) | Filed by the company against Unichem Laboratories Ltd and Anr and 1 other | Pending |
| High Court, MAHARASHTRA | Court case (COMMP) | Filed by the company against Medley Pharmaceuticals Ltd and Anr and 1 other | Pending |
| High Court, GUJARAT | Court case (RA) | Filed by the company against Maxstar Pharma Pvt. Ltd. and 1 other | Pending |
To see the full case history of Martin & Harris 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 Martin & Harris Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Martin & Harris has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| M & H Infrastructure Private Limited | U80904DL2007PTC166303 |
To see the full group structure of Martin & Harris Private Limited, buy the company report.
Employees & EPFO
Martin & Harris Private Limited has a workforce of 107 employees on its EPFO records as of Mar 29, 2024, across 2 active EPFO establishments.
GST
Martin & Harris has 19 GST registrations: 15 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCM1777H1ZE | Delhi | Active | 01 Jul 2017 |
| 04AACCM1777H1ZK | Chandigarh | Active | 01 Jul 2017 |
| 05AACCM1777H1ZI | Uttarakhand | Active | 01 Jul 2017 |
| 08AACCM1777H1ZC | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Martin & Harris Private Limited, buy the company report.
Recent activity
Martin & Harris Private Limited has 17 board changes on record since 2010: 3 appointments and 14 cessations. The latest: Sachin Ganpat Korgaonkar ceased to be Director on 01 Jul 2025.
13 earlier events are in the company report.
Frequently asked questions
Martin & Harris is an active private limited company based in New Delhi, Delhi, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 29 April 1924 (102+ years old) and is registered under CIN U51100DL1924PTC274723.
Martin & Harris has 3 current directors:
- Sunder Singh Bhandari - Additional Director
- Amit Mahesh Pareek - Additional Director
- Brijesh Kumar Dhondiyal - Director
The latest financial statements of Martin & Harris 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 Martin & Harris is 07AACCM1777H1ZE, registered in Delhi. The company has 19 GST registrations in all, of which 15 are active and 4 are cancelled or inactive. Other active GSTINs include 04AACCM1777H1ZK (Chandigarh), 05AACCM1777H1ZI (Uttarakhand), 08AACCM1777H1ZC (Rajasthan).
The CIN (Corporate Identification Number) of Martin & Harris is U51100DL1924PTC274723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Martin & Harris has 236 court cases on record: 185 filed by the company and 51 filed against it. 43 are pending. Most are in the high courts.
Martin & Harris was incorporated on 29 April 1924, making it 102+ years old. It is registered with the Registrar of Companies, Delhi.
Martin & Harris has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.88 Cr; the latest was in March 2024.
Sachin Ganpat Korgaonkar ceased to be Director on 01 Jul 2025. Amit Mahesh Pareek was appointed as Additional Director on 30 Jun 2025. Sunder Singh Bhandari was appointed as Additional Director on 15 Oct 2024. Martin & Harris has 17 board changes on record in total.
Martin & Harris can be reached through the website martinandharris.com. Its registered office is in New Delhi, Delhi, India.
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