Matteo Formulation Private Limited
About Matteo Formulation Private Limited
Data last updated:
Matteo Formulation Private Limited is a private limited company based in Roorkee, Uttarakhand, India, recognised as a startup by DPIIT. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 26 September 2022.
The company is registered with the Registrar of Companies (ROC), Uttarakhand, under CIN U24290UR2022PTC014678. Its GSTIN is 05AAQCM2274D1ZI (Uttarakhand).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.64 Lakh. It is led by directors including Rohit Loona and Bhupesh Jain.
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 Plot Number 51 Lakeshri, Uttarakhand.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.78 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.94 Lakh (net margin -0.3%) and EBITDA of ₹55.85 Lakh (EBITDA margin 6.4%).
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹2.1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot Number 51 Lakeshri, Bhagwanpur Haridwar Uttarakhand, Roorkee, Uttarakhand, India – 247661
- IndustryPharma, Drug Formulation & Development
- 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
- One PDF report, delivered after checkout
Business Activity of Matteo Formulation Private Limited
The main business activity of Matteo Formulation is manufacturing. In detail, this covers manufacture of basic pharmaceutical products and pharmaceutical preparations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 21 | Manufacture of basic pharmaceutical products and pharmaceutical preparations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Matteo Formulation Private Limited FY 2025 filings available
Matteo Formulation Private Limited reported revenue of ₹8.78 Cr (up 194% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Matteo Formulation Private Limited
Revenue rose 194% in the latest year. EBITDA rose 214% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Matteo Formulation Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹55.85 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.94 Lakh | •••• | •••• |
| 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 of Matteo Formulation Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.4% | •••• | •••• |
| Net Profit Margin | -0.3% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Matteo Formulation are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Matteo Formulation Private Limited
Matteo Formulation Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Manufacture of basic pharmaceutical products and pharmaceutical preparations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Organon Homoeo Laboratory Pvt Ltd | ₹9.39 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
| Chemi Lifescience Private Limited | ₹9.38 Cr (FY 2025) | •••• | •••• | 5580.0% | •••• | Bhiwandi, Maharashtra, India |
| Amerco Packaging Solutions Private Limited | ₹8.98 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Nashik, Maharashtra, India |
| Dr. Palep's Medical Research Foundation Private Limited | ₹8.94 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Peregrine Phosphate Private Limited | ₹8.91 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Bangalore, Karnataka, India |
| Matteo Formulation Private Limited this company | ₹8.78 Cr (FY 2025) | •••• | •••• | 194.0% | •••• | Roorkee, Uttarakhand, India |
| Priyadarshini Microtech Private Limited | ₹8.71 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Navi Mumbai, Maharashtra, India |
| Runicha Healthcare Private Limited | ₹8.66 Cr (FY 2025) | •••• | •••• | 6057.0% | •••• | Dhule, Maharashtra, India |
| Pulwin Pharma Private Limited | ₹8.64 Cr (FY 2024) | •••• | •••• | 54.0% | •••• | Karjat, Maharashtra, India |
| Cleangenic Private Limited | ₹8.57 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Pollachi, Tamil Nadu, India |
| Real Drugs Private Limited | ₹8.49 Cr (FY 2025) | •••• | •••• | -58.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Matteo Formulation by revenue in the same principal business activity (Manufacture of basic pharmaceutical products and pharmaceutical preparations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Matteo Formulation Private Limited
Matteo Formulation Private Limited is audited by Nitish Gupta & Co. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Nitish Gupta & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Matteo Formulation Private Limited
Matteo Formulation has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Loona Also directs: Gladje Pharmaceuticals Private Limited | Director | 26 Sep 2022 | 4 Years 0 Months | Current |
| Bhupesh Jain | Director | 26 Sep 2022 | 4 Years 0 Months | Current |
| Rakesh Kumar Sharma | Director | 26 Sep 2022 | 4 Years 0 Months | Current |
| Minesh Patel | Director | 19 Apr 2023 | 3 Years 5 Months | Current |
Ownership and Shareholding of Matteo Formulation Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Matteo Formulation Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Dec 2023 | Others | ₹1 Cr | Open |
| 22 Feb 2023 | Hdfc Bank Limited | ₹2.1 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Matteo Formulation Private Limited
Matteo Formulation Private Limited has a workforce of 8 employees as of Feb 27, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Matteo Formulation Private Limited
Matteo Formulation Private Limited has 4 board changes on record since 2022: 4 appointments. The latest: Minesh Patel was appointed as Director on 19 Apr 2023.
Credit Ratings, Litigation & Regulatory Alerts for Matteo Formulation Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Matteo Formulation Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Matteo Formulation Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Matteo Formulation Private Limited
Matteo Formulation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAQCM2274D1ZI | Uttarakhand | Active | 19 Jan 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Matteo Formulation Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Matteo Formulation Private Limited
Matteo Formulation is an active private limited company based in Roorkee, Uttarakhand, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 26 September 2022 (4+ years old) and is registered under CIN U24290UR2022PTC014678.
Matteo Formulation reported revenue of ₹8.78 Cr for FY 2025 (up 194% YoY).
Matteo Formulation has 4 current directors:
- Rohit Loona - Director
- Bhupesh Jain - Director
- Rakesh Kumar Sharma - Director
- Minesh Patel - Director
Matteo Formulation reported a net loss of ₹2.94 Lakh (net margin -0.3%) and EBITDA of ₹55.85 Lakh (EBITDA margin 6.4%) for FY 2025, as per its filed financial statements.
The GSTIN of Matteo Formulation is 05AAQCM2274D1ZI, registered in Uttarakhand.
The CIN (Corporate Identification Number) of Matteo Formulation is U24290UR2022PTC014678. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Matteo Formulation was incorporated on 26 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Uttarakhand.
The peers of Matteo Formulation by revenue are Organon Homoeo Laboratory Pvt Ltd, Chemi Lifescience Private Limited, Amerco Packaging Solutions Private Limited, Dr. Palep's Medical Research Foundation Private Limited, Peregrine Phosphate Private Limited and 5 more, all in the same principal business activity (Manufacture of basic pharmaceutical products and pharmaceutical preparations).
Minesh Patel was appointed as Director on 19 Apr 2023. Bhupesh Jain was appointed as Director on 26 Sep 2022. Rakesh Kumar Sharma was appointed as Director on 26 Sep 2022. Matteo Formulation has 4 board changes on record in total.
Yes, Matteo Formulation is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Matteo Formulation is at Plot Number 51 Lakeshri, Bhagwanpur Haridwar Uttarakhand, Roorkee, Uttarakhand, India – 247661.