Medispray Laboratories Private Limited
About Medispray Laboratories Private Limited
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Medispray Laboratories Private Limited is a private limited company based in Goa, India, a subsidiary of Meditab Specialities Limited. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 21 February 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U52311GA1992PTC002801. Its GSTIN is 30AAACM4153B1ZB (Goa). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5.1 Cr and a paid-up capital of ₹6.1 Lakh. It was formerly known as Alpic Exports India Private Limited. It is led by directors including Sanjay Kumar Mishra (Managing Director) and Dinesh Ramniranjan 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 No. 344/345 Kundaim Industrial Estate Kundaim Goa 403 115, Goa, India – 403115.
As per the financials filed for FY 2025, the company reported a revenue of ₹444.46 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹53.53 Cr (net margin 12%) and EBITDA of ₹84.84 Cr (EBITDA margin 19.1%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 11% over five years.
The company has about 248 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.75 Lakh and satisfied charges of ₹10.1 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Medispray Laboratories Private Limited's registered office is in Goa. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 344/345 Kundaim Industrial Estate Kundaim Goa 403 115, Goa, India – 403115
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Medispray Laboratories 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 activity of Medispray Laboratories 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 Medispray Laboratories Private Limited, buy the company report.
Financials of Medispray Laboratories Private Limited
FY 2025 filings availableMedispray Laboratories Private Limited reported revenue of ₹444.46 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 7% growth in the latest year. EBITDA fell 7% 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 | ₹84.84 Cr | ||||
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| Net Profit (PAT) | ₹53.53 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 | 19.1% | ||||
| Net Profit Margin | 12% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Medispray Laboratories Private Limited, buy the company report.
Board of directors of Medispray Laboratories Private Limited
Medispray Laboratories has 5 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Ramniranjan Jain Also directs: Aspergen Limited, Meditab Specialities Limited, Cipla Pharmaceuticals Limited and 2 more | Director | 14 Nov 2019 | 6 Years 11 Months | Current |
| Anisha Naresh Udeshi | Director | 26 Aug 2021 | 5 Years 2 Months | Current |
| Sanjay Kumar Mishra Also directs: Meditab Specialities Limited | Managing Director | 21 Oct 2022 | 4 Years 0 Months | Current |
| Rajendra Kumar Chopra Also directs: Meditab Specialities Limited, Cipla Pharmaceuticals Limited, Cipla Digital Health Limited and 3 more | Director | 29 Apr 2025 | 1 Years 6 Months | Current |
| Raju Sunil Mistry | Additional Director | 04 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Medispray Laboratories Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Aristo Laboratories Private Limited | ₹461.43 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Fredun Pharmaceuticals Ltd | ₹456.27 Cr (FY 2025) | 31.0% | Mumbai, Maharashtra, India | |||
| Hab Pharmaceuticals and Research Limited | ₹448.72 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Medispray Laboratories Private Limitedthis company | ₹444.46 Cr (FY 2025) | ₹53.53 Cr | 12% | 7.0% | 248 | Goa, India |
| Copmed Pharmaceuticals Private Limited | ₹437.53 Cr (FY 2025) | -5.0% | New Delhi, Delhi, India | |||
| Hazelo Lab Private Limited | ₹431.64 Cr (FY 2024) | 3.0% | Chityal, Telangana, India | |||
| Zydus Hospira Oncology Private Limited | ₹430.96 Cr (FY 2025) | 66.0% | Village Matoda Tal Sanand, Gujarat, India | |||
| Halewood Laboratories Private Limited | ₹430.29 Cr (FY 2025) | 20.0% | Ahmedabad, Gujarat, India | |||
| Milan Laboratories (India) Private Limited | ₹429.23 Cr (FY 2024) | 42.0% | Thane, Maharashtra, India |
To see the full peer comparison of Medispray Laboratories Private Limited, buy the company report.
Auditor
Medispray Laboratories Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Medispray Laboratories 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Medispray Laboratories Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Mar 2023 | 100696517 | Axis Bank Limited | ₹1 Lakh | Open | |
| 17 Mar 2023 | 100696431 | Axis Bank Limited | ₹75,000 | Open | |
| 26 Apr 2016 | 100028112 | The Hongkong and Shanghai Banking Corporation Limited | ₹10 Lakh | Satisfied | |
| 05 Nov 2015 | 10605034 | The Hongkong and Shanghai Banking Corporation Limited | ₹10 Cr | Satisfied |
To see the full charge records of Medispray Laboratories Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Medispray Laboratories Private Limited has 4 court cases on record: 4 filed by Medispray Laboratories. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 4 |
Cases on record (1 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GOA | Court case (TRA) | Filed by the company against The State of Goa THR. Chief Secretary and 2 Ors and 2 others | Pending |
To see the full case history of Medispray Laboratories 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 Medispray Laboratories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Medispray Laboratories Private Limited has a workforce of 248 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Medispray Laboratories has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAACM4153B1ZB | Goa | Active | 01 Jul 2017 |
| 02AAACM4153B1ZA | Himachal Pradesh | Active | 01 Jul 2017 |
| 11AAACM4153B1ZB | Sikkim | Active | 01 Jul 2017 |
| 27AAACM4153B1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Medispray Laboratories Private Limited, buy the company report.
Recent activity
Medispray Laboratories Private Limited has 20 board changes on record since 2011: 5 appointments and 15 cessations. The latest: Rajendra Kumar Chopra ceased to be Additional Director on 29 Sep 2025.
17 earlier events are in the company report.
Frequently asked questions
Medispray Laboratories is an active private limited company based in Goa, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 21 February 1992 (34+ years old) and is registered under CIN U52311GA1992PTC002801.
Medispray Laboratories has 5 current directors:
- Sanjay Kumar Mishra - Managing Director
- Dinesh Ramniranjan Jain - Director
- Anisha Naresh Udeshi - Director
- Rajendra Kumar Chopra - Director
- Raju Sunil Mistry - Additional Director
The latest financial statements of Medispray Laboratories 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 Medispray Laboratories is 30AAACM4153B1ZB, registered in Goa. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 02AAACM4153B1ZA (Himachal Pradesh), 11AAACM4153B1ZB (Sikkim), 27AAACM4153B1ZY (Maharashtra).
The CIN (Corporate Identification Number) of Medispray Laboratories is U52311GA1992PTC002801. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medispray Laboratories has 4 court cases on record: 4 filed by the company. 4 are pending.
Medispray Laboratories was incorporated on 21 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Goa.
The peers of Medispray Laboratories by revenue are Aristo Laboratories Private Limited, Fredun Pharmaceuticals Ltd, Hab Pharmaceuticals and Research Limited, Copmed Pharmaceuticals Private Limited, Hazelo Lab Private Limited and 3 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Rajendra Kumar Chopra ceased to be Additional Director on 29 Sep 2025. Raju Sunil Mistry ceased to be Additional Director on 29 Sep 2025. Raju Sunil Mistry was appointed as Additional Director on 04 Jul 2025. Medispray Laboratories has 20 board changes on record in total.
The registered office of Medispray Laboratories is at Plot No. 344345 Kundaim Industrial Estate Kundaim Goa 403 115, Goa, India – 403115.
Medispray Laboratories operates in the pharma industry, in the drug formulation and development segment.
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