- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-23-0014841

About MCW Healthcare Private Limited
Data last updated:
MCW Healthcare Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 23 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U85110MP2000PTC014128. Its GSTIN is 23AACCM6667J1Z8 (Madhya Pradesh).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹41.44 Lakh. It is led by directors including Abhijeet Vasant Motiwale and Amit Chawla.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 286 Sector – E Industrialarea Sanwer Road Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹95.35 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Cr (net margin 1.7%) and EBITDA of ₹4.72 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 16% over five years.
The company has about 204 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: McW Healthcare and Dermec. As per MCA filings, the company has open charges of ₹29.56 Cr and satisfied charges of ₹51.48 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 3 cases are pending. The company has 9 deals on record (6 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹45.8 Lakh; the latest was in March 2024. Its 9 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, 4 larger and 5 smaller; the largest is Pharma Chem Industries (Gujarat) Private Limited with revenue of ₹97.24 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 71 overdue payments to 10 micro and small suppliers.
MCW Healthcare Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0014841). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mcwhealthcare.com.
Company details
Recognitions & Rankings of MCW Healthcare
Contact details
MCW Healthcare Private Limited's registered office is in Indore, Madhya Pradesh. Its website is mcwhealthcare.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address286 Sector – E Industrialarea Sanwer Road Indore, Madhya Pradesh, India – 452001
- IndustryPharma, Drug Formulation & Development
To see the full contact details of MCW Healthcare 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
Brands
MCW Healthcare operates two associated brands: McW Healthcare and Dermec. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers pharmaceutical innovations and products for diverse health challenges worldwide. | mcwhealthcare.com | |
| Skincare and baby care product development in India. | dermec.in |
Business activity
The main business activity of MCW Healthcare 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 MCW Healthcare Private Limited, buy the company report.
Financials of MCW Healthcare Private Limited
FY 2024 filings availableMCW Healthcare Private Limited reported revenue of ₹95.35 Cr (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 16% growth in the latest year. EBITDA rose 65% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹95.35 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.57 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 1.7% | ||||
| 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 MCW Healthcare Private Limited, buy the company report.
Board of directors of MCW Healthcare Private Limited
MCW Healthcare has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhijeet Vasant Motiwale | Director | 23 Feb 2008 | 18 Years 8 Months | Current |
| Amit Chawla Also directs: M C W Pharma Pvt Ltd, Emerald Global Private Limited, Maxtra Global Private Limited and 1 more | Director | 26 Dec 2013 | 12 Years 10 Months | Current |
| Sharan Simon | Director | 30 Jun 2017 | 9 Years 4 Months | Current |
Peer comparison
MCW Healthcare Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Pharma Chem Industries (Gujarat) Private Limited | ₹97.24 Cr (FY 2025) | 20.0% | Vapi, Gujarat, India | |||
| V S International Private Limited | ₹96.26 Cr (FY 2024) | 65.0% | Mumbai, Maharashtra, India | |||
| XL Laboratories Private Limited | ₹96.06 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Yeluri Formulations Private Limited | ₹96.05 Cr (FY 2025) | -23.0% | Hyderabad, Telangana, India | |||
| MCW Healthcare Private Limitedthis company | ₹95.35 Cr (FY 2024) | ₹1.57 Cr | 1.7% | 16.0% | 204 | Indore, Madhya Pradesh, India |
| Surmount Laboratories Limited | ₹95.33 Cr (FY 2024) | -6.0% | Mumbai, Maharashtra, India | |||
| Ang Lifesciences India Limited | ₹94.87 Cr (FY 2025) | -35.0% | Amritsar, Punjab, India | |||
| Bio-Med Private Limited | ₹94.67 Cr (FY 2025) | 19.0% | Uttar Pradesh, India | |||
| Impulse Pharma Private Limited | ₹94.61 Cr (FY 2024) | 12.0% | Thane, Maharashtra, India | |||
| Chiron Behring Vaccines Private Limited | ₹94.53 Cr (FY 2025) | 30.0% | Bhor, Maharashtra, India |
To see the full peer comparison of MCW Healthcare Private Limited, buy the company report.
Auditor
MCW Healthcare Private Limited is audited by SUNIL SARAF & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL SARAF & ASSOCIATES | FY 2024 | 005012C |
Shareholding
The shareholding of MCW Healthcare 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 MCW Healthcare Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2025 | 101140858 | Bank of India | ₹3 Cr | Open | |
| 13 May 2025 | 101109602 | Others | ₹45 Lakh | Open | |
| 21 Apr 2025 | 101094167 | Bank of India | ₹3 Cr | Open | |
| 21 Sep 2024 | 101025421 | Bank of India | ₹22.98 Cr | Open | |
| 30 Nov 2023 | 100830509 | Hdfc Bank Limited | ₹13.49 Lakh | Open |
To see the full charge records of MCW Healthcare Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
MCW Healthcare Private Limited has 9 deals on record (6 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹45.8 Lakh; the latest was in March 2024.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Oceanic Techno Chem Private Limited Seller: Aquatic Formulations Private Limited |
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2020 | Rights issue | ₹75.4 Lakh | Investors: Aquatic Formulations Private Limited, 3 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Feb 2014 | Funding round | ₹35.8 Lakh | Investors: M C W Pharma Pvt Ltd |
To see the full deal history of MCW Healthcare Private 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
MCW Healthcare Private Limited has 7 court cases on record: 5 filed by MCW Healthcare, 2 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 3 |
| District courts | 3 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against The Kerala Medical Services Corporation Limited and 1 other | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Marion Biotech Pvt. Ltd. | Pending |
| High Court of Kerala | Writ petition | Filed by the company against The Kerala Medical Services Corporation Limited, Thycaud P.O, Thiruvananthapuram and 1 other | Disposed |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Union of India | Pending |
| District court, Amritsar, Punjab | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of MCW Healthcare 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
MCW Healthcare Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 71 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sun Packaging | |||
| Ascent Multi Forms Pvt Ltd | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of MCW Healthcare Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
MCW Healthcare Private Limited has a workforce of 204 employees on its EPFO records as of Feb 27, 2025, across 1 active EPFO establishment.
GST
MCW Healthcare has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCM6667J1Z8 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MCW Healthcare Private Limited, buy the company report.
Recent activity
MCW Healthcare Private Limited has 11 board changes on record since 2008: 3 appointments and 8 cessations. The latest: Sharan Simon ceased to be Additional Director on 30 Sep 2017.
31 earlier events are in the company report.
Frequently asked questions
MCW Healthcare is an active private limited company based in Indore, Madhya Pradesh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 23 March 2000 (26+ years old) and is registered under CIN U85110MP2000PTC014128.
MCW Healthcare has 3 current directors:
- Abhijeet Vasant Motiwale - Director
- Amit Chawla - Director
- Sharan Simon - Director
The latest financial statements of MCW Healthcare on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of MCW Healthcare is 23AACCM6667J1Z8, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of MCW Healthcare is U85110MP2000PTC014128. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MCW Healthcare has 7 court cases on record: 5 filed by the company and 2 filed against it. 3 are pending. Most are in the high courts.
MCW Healthcare was incorporated on 23 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Gwalior.
MCW Healthcare has 9 deals on record (6 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹45.8 Lakh; the latest was in March 2024.
The peers of MCW Healthcare by revenue are Pharma Chem Industries (Gujarat) Private Limited, V S International Private Limited, XL Laboratories Private Limited, Yeluri Formulations Private Limited, Surmount Laboratories Limited and 4 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Sharan Simon ceased to be Additional Director on 30 Sep 2017. Sharan Simon was appointed as Director on 30 Jun 2017. Simon Cherappan Chemmanoor ceased to be Director on 30 Jun 2017. MCW Healthcare has 11 board changes on record in total.
Yes, MCW Healthcare is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-23-0014841).
MCW Healthcare has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 71 overdue payments to 10 micro and small suppliers. The latest return was filed on 01 Aug 2019.

