MDC Pharmaceuticals Limited - pharma in Chandigarh, India. FY 2026 financials & compliance.
CIN U24231CH1994PLC014820 Incorporated 14 July 1994 ROC Chandigarh HQ Chandigarh, India
Active Public Limited Company pharma MSME · Small
Data last updated
Revenue · FY 2024
₹61.89 Cr
▲ 14% YoY
Net profit · FY 2024
₹2.21 Cr
Net margin 3.6%
EBITDA · FY 2024
₹5.43 Cr
EBITDA margin 8.8%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹12.24 Cr
Issued & subscribed
Open charges
₹37.85 Cr
Satisfied ₹44.98 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
44
Provident fund records

About MDC Pharmaceuticals Limited

Data last updated:

MDC Pharmaceuticals Limited is a public limited company based in Chandigarh, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 14 July 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24231CH1994PLC014820. Its GSTIN is 04AACCM4527B2Z1 (Chandigarh). The company holds 13 GST registrations, of which 5 are active.

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹12.24 Cr. It was formerly known as Mdc Pharmaceuticals Pvt Ltd. It is led by directors including Parvinder Singh Gulati (Whole-Time Director) and Gurmeet Singh Narula (Whole-Time Director).

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 Plot No. 46 Industrial Area Phase II, Chandigarh, India – 160002.

As per the financials filed for FY 2024, the company reported a revenue of ₹61.89 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹2.21 Cr (net margin 3.6%) and EBITDA of ₹5.43 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 2% over five years.

The company has about 44 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: MDC Pharmaceuticals and MDC Pharmaceutical. As per MCA filings, the company has open charges of ₹37.85 Cr and satisfied charges of ₹44.98 Cr on record. Court records list 19 cases involving the company, including 10 filed by the company and 6 filed against it; 5 cases are pending. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹5.01 Cr; the latest was in March 2021. Its 10 peer companies in the Pharma industry (Formulations, Pharmaceuticals) are compared by revenue, 5 larger and 5 smaller; the largest is Terratech Intermediates (India) Private Limited with revenue of ₹62.41 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 22 overdue payments to 22 micro and small suppliers.

MDC Pharmaceuticals Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0002641). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mdcpharmaceutical.com.

Company Details of MDC Pharmaceuticals Limited
CIN U24231CH1994PLC014820
Registration Number 014820
Incorporation Date 14 July 1994
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HP-11-0002641

CIN History of MDC Pharmaceuticals Limited

MDC Pharmaceuticals has one previous CIN (Corporate Identification Number): U24231CH1994PTC014820. The current CIN is U24231CH1994PLC014820, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24231CH1994PLC014820Current
U24231CH1994PTC014820Previous

Recognitions & Rankings of MDC Pharmaceuticals

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-HP-11-0002641
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Plot No. 46 Industrial Area Phase II, Chandigarh, India – 160002
  • Industry
    Pharma, Drug Formulation & Development
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Financials, compliance, directors, charges, ownership and filings for MDC Pharmaceuticals Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with MDC Pharmaceuticals Limited

MDC Pharmaceuticals operates two associated brands: MDC Pharmaceuticals and MDC Pharmaceutical. Each brand links to its own profile.

BrandDescriptionWebsite
Produces and distributes derma care and nutraceutical products through franchises.lifestylebiosciencedermacare.com
Pharmaceutical manufacturing, franchise services, and product distribution in India.mdcpharmaceutical.com

Business Activity of MDC Pharmaceuticals Limited

The main business activity of MDC Pharmaceuticals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of MDC Pharmaceuticals Limited FY 2024 filings available

MDC Pharmaceuticals Limited reported revenue of ₹61.89 Cr (up 14% YoY) for FY 2024.

Revenue · FY 2024
₹61.89 Cr ▲ 14%
Net profit · FY 2024
₹2.21 Cr margin 3.6%
EBITDA · FY 2024
₹5.43 Cr margin 8.8%

Compounded Annual Growth Rate (CAGR) of MDC Pharmaceuticals Limited

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 8%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 27%
5 years · compounded
▼ 14%

Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 14% growth in the latest year. EBITDA fell 12% 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 of MDC Pharmaceuticals Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹61.89 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹5.43 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹2.21 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 of MDC Pharmaceuticals Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8.8%••••••••••••••••
Net Profit Margin3.6%••••••••••••••••
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 MDC Pharmaceuticals are in the company report.

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Financial statements from 2015

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Board of Directors and KMP of MDC Pharmaceuticals Limited

MDC Pharmaceuticals Limited currently reports 8 directors and 1 key managerial person. 3 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Harkanwal Kaur BhatiaDirector26 Feb 20188 Years 7 MonthsCurrent
Parvinder Singh GulatiWhole-Time Director14 Jul 199432 Years 3 MonthsCurrent
Manisha SharmaDirector26 Feb 20188 Years 7 MonthsCurrent
Gurmeet Singh NarulaWhole-Time Director14 Jul 199432 Years 3 MonthsCurrent
Ravdeep Singh MattaDirector26 Feb 20188 Years 7 MonthsCurrent
Pramila DeviCfo09 Feb 20188 Years 8 MonthsCurrent
Showing 6 of 9 current directors and KMP. View all directors and KMP

Peer Comparison of MDC Pharmaceuticals Limited

MDC Pharmaceuticals Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations, Pharmaceuticals). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Terratech Intermediates (India) Private Limited₹62.41 Cr (FY 2025)••••••••59.0%••••Ahmedabad, Gujarat, India
Shamshree Lifesciences Limited₹62.27 Cr (FY 2025)••••••••10.0%••••Chandigarh, India
Cian Healthcare Limited Listed₹62.14 Cr (FY 2024)••••••••-10.0%••••Pune, Maharashtra, India
Enanti Labs Private Limited₹62.07 Cr (FY 2025)••••••••-14.0%••••Hyderabad, Telangana, India
AAA Pharmatrade Private Limited₹61.98 Cr (FY 2025)••••••••17.0%••••New Delhi, Delhi, India
MDC Pharmaceuticals Limited this company₹61.89 Cr (FY 2024)••••••••14.0%••••Chandigarh, India
DNV Overseas Impex Private Limited₹61.67 Cr (FY 2018)••••••••74.0%••••New Delhi, Delhi, India
Unijules Life Sciences Limited₹61.64 Cr (FY 2018)••••••••-4.0%••••Nagpur, Maharashtra, India
Imperia Life Sciences Private Limited₹61.51 Cr (FY 2025)••••••••35.0%••••Vadodara, Gujarat, India
Revat Laboratories Private Limited₹61.45 Cr (FY 2025)••••••••10.0%••••Hyderabad, Telangana, India
Gelnova Laboratories (India) Private Limited₹61.38 Cr (FY 2025)••••••••-4.0%••••Navi Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below MDC Pharmaceuticals by revenue in the Pharma industry (Formulations, Pharmaceuticals), 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 MDC Pharmaceuticals Limited

MDC Pharmaceuticals Limited is audited by GAMBHIR KHURANA & ASSOCIATES for the financial year 2024.

NameStatusAppointment DateCessation Date
GAMBHIR KHURANA & ASSOCIATESLockedLockedLocked
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Ownership and Shareholding of MDC Pharmaceuticals Limited

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Charges & Borrowings of MDC Pharmaceuticals Limited

Open charges
₹37.85 Cr
Satisfied charges
₹44.98 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹36.83 Cr
Axis Bank Limited₹1.03 Cr
Latest charge details
DateLenderAmountStatus
06 Nov 2025Hdfc Bank Limited₹2 CrOpen
04 Jul 2025Hdfc Bank Limited₹52.27 LakhOpen
02 Apr 2025Hdfc Bank Limited₹68.05 LakhOpen
04 May 2024Hdfc Bank Limited₹2 CrOpen
29 Apr 2024Hdfc Bank Limited₹2 CrOpen

Total charge records: 25 View all charges

Deals & Funding of MDC Pharmaceuticals Limited

MDC Pharmaceuticals Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹5.01 Cr; the latest was in March 2021.

Total deals
5
Secondary share transfers
4
Funding round
1
Disclosed funding
₹5.01 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Mar 2021Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Nov 2020Secondary share transferUndisclosedSeller: 4 individuals
Mar 2020Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Rahul Jain HUF, 3 individuals
Mar 2019Secondary share transferUndisclosedBuyer: 4 individuals
Seller: Narender Gupta HUF, 3 individuals
Apr 2018Funding round₹5.01 CrInvestors: 4 individuals
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by MDC Pharmaceuticals Limited

MDC Pharmaceuticals Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 22 overdue payments to 22 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 22)

SupplierAmount dueDue sinceReported on
Symbio Generics India Private Limited••••••••••••
Kenergie Industries Private Limited••••••••••••
Maya Biotech Private Limited••••••••••••
an individual supplier••••••••••••
an individual supplier••••••••••••
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at MDC Pharmaceuticals Limited

MDC Pharmaceuticals Limited has a workforce of 44 employees as of Mar 28, 2024.

Employee count
44
Active EPFO establishments
2
Employee growth
-80.27%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of MDC Pharmaceuticals Limited

MDC Pharmaceuticals has 3 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.

3
Associated companies

Recent Activity on MDC Pharmaceuticals Limited

MDC Pharmaceuticals Limited has 12 board changes on record since 1994: 9 appointments and 3 cessations. The latest: Gurmeet Singh Narula ceased to be Director on 26 Feb 2018.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 101190869 was registered on 06 Nov 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.52 Cr with Charge ID 101129034 was registered on 04 Jul 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.68 Cr with Charge ID 101083808 was registered on 02 Apr 2025.
AGM
Mdc Pharmaceuticals Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 15 Jan 2022 via Charge ID 100530740 with Hdfc Bank Limited was fully satisfied on 09 Sep 2024.
Charges
A charge registered on 29 May 2021 via Charge ID 100449221 with Axis Bank Limited was fully satisfied on 05 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100920206 was registered on 04 May 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100920197 was registered on 29 Apr 2024.
Charges
A charge registered on 11 Oct 2023 via Charge ID 100806573 with Hdfc Bank Limited was fully satisfied on 26 Apr 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 100920835 was registered on 25 Apr 2024.
Filing
Mdc Pharmaceuticals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited of Rs. 5.00 Cr registered on 19 Oct 2023 with Charge ID 100809386 was modified on 13 Mar 2024.

44 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for MDC Pharmaceuticals Limited

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Subsidiaries & Group Companies of MDC Pharmaceuticals Limited

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Corporate group structure

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GST Compliance of MDC Pharmaceuticals Limited

MDC Pharmaceuticals has 13 GST registrations: 5 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
13
Active
5
Cancelled / inactive
8
GSTINStateStatusRegistered on
04AACCM4527B2Z1ChandigarhActive19 Aug 2017
02AACCM4527B2Z5Himachal PradeshActive01 Jul 2017
18AACCM4527B1ZTAssamActive29 Jun 2019
32AACCM4527B1Z3KeralaActive09 Jul 2019
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of MDC Pharmaceuticals Limited

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MCA filings and documents

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Frequently Asked Questions about MDC Pharmaceuticals Limited

MDC Pharmaceuticals is an active public limited company based in Chandigarh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 14 July 1994 (32+ years old) and is registered under CIN U24231CH1994PLC014820.

MDC Pharmaceuticals reported revenue of ₹61.89 Cr for FY 2024 (up 14% YoY).

MDC Pharmaceuticals has 9 current directors and KMP:

MDC Pharmaceuticals reported a net profit of ₹2.21 Cr (net margin 3.6%) and EBITDA of ₹5.43 Cr (EBITDA margin 8.8%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of MDC Pharmaceuticals is 8% over three years and 2% over five years. In the latest year (FY 2024) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of MDC Pharmaceuticals is 04AACCM4527B2Z1, registered in Chandigarh. The company has 13 GST registrations in all, of which 5 are active and 8 are cancelled or inactive. Other active GSTINs include 02AACCM4527B2Z5 (Himachal Pradesh), 18AACCM4527B1ZT (Assam), 32AACCM4527B1Z3 (Kerala).

The CIN (Corporate Identification Number) of MDC Pharmaceuticals is U24231CH1994PLC014820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

MDC Pharmaceuticals has 19 court cases on record: 10 filed by the company and 6 filed against it. 5 are pending. Most are in the high courts.

MDC Pharmaceuticals was incorporated on 14 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chandigarh.

MDC Pharmaceuticals has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹5.01 Cr; the latest was in March 2021.

The peers of MDC Pharmaceuticals by revenue are Terratech Intermediates (India) Private Limited, Shamshree Lifesciences Limited, Cian Healthcare Limited, Enanti Labs Private Limited, AAA Pharmatrade Private Limited and 5 more, all in the Pharma industry (Formulations, Pharmaceuticals).

Gurmeet Singh Narula ceased to be Director on 26 Feb 2018. Harkanwal Kaur Bhatia was appointed as Director on 26 Feb 2018. Jatinder Singh Wig was appointed as Director on 26 Feb 2018. MDC Pharmaceuticals has 12 board changes on record in total.

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