Medico Remedies Limited Company Logo

Medico Remedies Limited - Company Profile

It is a pharma public limited company based in Mumbai, Maharashtra, India, established in 1994.

1994 | Mumbai, Maharashtra, India | Active
Last Updated:

About Medico Remedies Limited

Medico Remedies Limited, a active public limited company, was established on 18 March 1994 in Mumbai, Maharashtra, India. Engaging in drug formulation & development within the manufacturing sector, it holds CIN: L24230MH1994PLC077187. Registered under ROC Roc Mumbai. it is listed on BSE: 540937. It has an authorized capital of ₹17.00 Cr and a paid-up capital of ₹16.60 Cr.

Formerly known as Medico Remedies P Ltd, Medico Remedies Private Limited. It upholds a compliant status. In 2024, it reported revenue of ₹147.05 Cr and a net worth of ₹52.37 Cr. Employing 70 professional, Its leadership includes Deepesh Rajesh Shah (Director), Harshit Haresh Mehta (Managing Director), Rita Haresh Mehta (Director). Past directors included Deepesh Rajesh Shah, Harshit Haresh Mehta, Shweta Harshit Mehta. It holds ₹54.16 Cr open charges and ₹39.66 Cr settled loans. Its latest AGM occurred on 08 September 2025, with the balance sheet filed on 31 March 2025. It is based at 1105/1106, 11Th Floor, Hubtown Solaris Opp. Telli Galli, N S Phadke Marg, Andhe, Ri East, Mumbai, Maharashtra, 400069.

Company Details

  • CIN/LLPIN

    L24230MH1994PLC077187

  • Registration Number

    077187

  • Incorporation Date

    18 March 1994

  • Authorized Capital

    ₹17.00 Cr

  • Paid-Up Capital

    ₹16.60 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (BSE: 540937)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 17.00 Cr
  • Paid Up Capital ₹ 16.60 Cr
  • Company Age 31 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 54.16 Cr
  • Satisfied Charges ₹ 39.66 Cr
  • Revenue Growth 1.85%
  • Profit Growth 14.49%
  • Ebitda 34.19%
  • Net Worth 19.45%
  • Total Assets 10.00%
Company report

Medico Remedies Limited

Company Report FY 2025-2026

Explore comprehensive insights into Medico Remedies Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Medico Remedies Limited?

Current Directors

NameDesignationAppointment DateStatus
Deepesh Rajesh ShahDirector22 Apr 2022Current
Harshit Haresh MehtaManaging Director14 Dec 2011Current
Rita Haresh MehtaDirector08 Dec 1999Current
Rishit Hareshbhai MehtaWhole-Time Director12 Mar 2015Current
Anuj Kishore ModyDirector12 Nov 2024Current
Kunal Tushar VoraDirector13 Aug 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director22 Apr 2022Past
Pramod AbcsddDirector15 Sep 2017Past
Pramod AbcsddWhole-Time Director23 Oct 2019Past
Pramod AbcsddDirector15 Sep 2017Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddDirector15 Sep 2017Past

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Financial Performance of Medico Remedies.

Medico Remedies Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 1.85% increase. The company also saw a substantial improvement in profitability, with a 14.49% increase in profit. The company's net worth Soared by an impressive increase of 19.45%.

Medico Remedies revenue growth over time
Medico Remedies profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
1.85%
Revenue from Operations
3.19%
Total Assets
10.00%
Profit or Loss
14.49%
Net Worth
19.45%
EBITDA
34.19%

What is the Ownership and Shareholding Structure of Medico Remedies?

In 2024, Medico Remedies had a promoter holding of 73.34% and a public holding of 26.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹541,600,000.00

Satisfied Charges

₹396,637,000.00

Charges Breakdown by Lending Institutions

  • Others : 54.16 Cr

Latest Charge Details

DateLenderAmountStatus
20 Dec 2018Others₹24.08 CrOpen
31 Jul 2018Others₹30.08 CrOpen
31 Aug 2019Others₹2.75 CrSatisfied
31 Aug 2019Others₹2.75 CrSatisfied
19 Oct 2002Bank Of Baroda₹1.49 CrSatisfied

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How Many Employees Work at Medico Remedies?

Medico Remedies has a workforce of 70 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Medico Remedies Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Medico Remedies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Medico Remedies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Medico Remedies

Recent Activity within the Organization

  • Annual General Meeting

    The activity Medico Remedies Limited last Annual general meeting of members was held on 08 Sep 2025 as per latest MCA records. was completed.

  • Director Appointment

    Maheshkumar Rameshchandra Darji was appointed as a Additional Director was appointed as a Additional Director on 30 Jul 2025 & has been associated with this company since 4 months 3 days . was recorded as a recent event.

  • Balance Sheet

    The activity Medico Remedies Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Charges

    Progress on A charge with Others of Rs. 30.08 Cr registered on 31 Jul 2018 with Charge ID 100207287 was modified on 20 Mar 2025. was documented.

  • Director Appointment

    Progress on Anuj Kishore Mody was appointed as a Director was appointed as a Director on 12 Nov 2024 & has been associated with this company since 1 year 18 days . was documented.

  • Director Appointment

    Kunal Tushar Vora was appointed as a Director was appointed as a Director on 13 Aug 2024 & has been associated with this company since 1 year 3 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Medico Remedies Limited?

    The CIN of Medico Remedies Limited is L24230MH1994PLC077187.

  • Where is Medico Remedies Limited headquartered?

    Medico Remedies Limited is headquartered at 1105/1106, 11Th Floor, Hubtown Solaris Opp. Telli Galli, N S Phadke Marg, Andhe, Ri East, Mumbai, Maharashtra, 400069.

  • When was Medico Remedies Limited incorporated?

    Medico Remedies Limited was incorporated on 18 March 1994.

  • Who are the current directors of Medico Remedies Limited?

    The current directors of Medico Remedies Limited are

  • What is the primary industry of Medico Remedies Limited?

    The primary industry of Medico Remedies Limited is Manufacturing.

  • Is Medico Remedies Limited a listed company?

    Medico Remedies Limited is listed. It is listed on BSE: 540937.

  • What is the capital structure of Medico Remedies Limited?

    The authorized capital of Medico Remedies Limited is ₹17.00 Cr, and the paid-up capital is ₹16.60 Cr.

  • What is the compliance status of Medico Remedies Limited?

    The compliance status of Medico Remedies Limited is Compliant.

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