- #1,608 Sahir Khatib ₹1,200 Cr
- #1,608 Suhel Khatib ₹1,200 Cr
- #1,608 Sarosh Khatib ₹1,200 Cr

About Medley Pharmaceuticals Limited
Data last updated:
Medley Pharmaceuticals Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 15 April 1975 and has been in existence for over 51 years.
Its director Sahir Khatib is #1,608 among India's richest people (2026). Its director Suhel Khatib is #1,608 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH1975PLC018296. Its GSTIN is 27AAACM2764J1ZC (Maharashtra). The company holds 27 GST registrations, of which 23 are active.
The company has an authorised share capital of ₹33 Cr and a paid-up capital of ₹30.06 Cr. It was formerly known as Medley Pharmaceuticals Private Limited. It is led by directors including Sahir Sami Khatib (Managing Director) and Saba Mir Asif Ali (Whole-Time Director).
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Medley Housed 2 M I D C Area Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,114.92 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹247.97 Cr (net margin 22.2%) and EBITDA of ₹356.19 Cr (EBITDA margin 31.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 9% over five years.
The company has about 2,852 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Medley Pharmaceuticals. As per MCA filings, the company has open charges of ₹57.4 Cr and satisfied charges of ₹254.55 Cr on record. Court records list 290 cases involving the company, including 191 filed by the company and 99 filed against it; 76 cases are pending. The company has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.2 Cr; the latest was in September 2021. Its 9 peer companies in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 larger and 4 smaller; the largest is Corona Remedies Limited with revenue of ₹1,202.35 Cr. The company has 15 MSME Form 1 returns on record between 2018 and 2024, listing 252 overdue payments to 76 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medleylab.com.
Company details
CIN history
Medley Pharmaceuticals has one previous CIN (Corporate Identification Number): U24230MH1975PTC018296. The current CIN is U24230MH1975PLC018296, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24230MH1975PLC018296 | Current |
| U24230MH1975PTC018296 | Previous |
Recognitions & Rankings of Medley Pharmaceuticals
Contact details
Medley Pharmaceuticals Limited's registered office is in Mumbai, Maharashtra. Its website is medleylab.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMedley Housed 2 M I D C Area Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Medley Pharmaceuticals 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
Medley Pharmaceuticals operates one associated brand: Medley Pharmaceuticals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Over-the-counter drugs, APIs, and other pharmaceuticals are manufactured by Medley. | medleylab.com |
Business activity
The main business activity of Medley Pharmaceuticals 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 Medley Pharmaceuticals Limited, buy the company report.
Financials of Medley Pharmaceuticals Limited
FY 2025 filings availableMedley Pharmaceuticals Limited reported revenue of ₹1,114.92 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 8% growth in the latest year. EBITDA rose 34% 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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| Total Expenses | |||||
| EBITDA | ₹356.19 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹247.97 Cr | ||||
| Balance Sheet | |||||
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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 | 31.9% | ||||
| Net Profit Margin | 22.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Medley Pharmaceuticals Limited, buy the company report.
Board of directors and KMP of Medley Pharmaceuticals Limited
Medley Pharmaceuticals Limited currently reports 7 directors and 1 key managerial person. 19 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Baliram More | Company Secretary | 01 Dec 2014 | 11 Years 11 Months | Current |
| Sahir Sami Khatib Also directs: Blue-Fin Frozen Foods Private Limited, Sinkhai Leathers Private Limited, Sorbo Monni Chemicals Private Limited and 5 more | Managing Director | 01 Apr 2015 | 11 Years 7 Months | Current |
| Mohamed Aslam Abdul Rahman Sheikh Also directs: Channels Medical Systems Private Limited | Director | 28 Jun 2024 | 2 Years 4 Months | Current |
| Saba Mir Asif Ali | Whole-Time Director | 24 Feb 2015 | 11 Years 8 Months | Current |
| Suhel Sami Khatib Also directs: Sorbo Monni Chemicals Private Limited, Minar Chemicals Pvt Ltd | Director | 01 Apr 2010 | 16 Years 7 Months | Current |
| Sarosh Sami Khatib | Whole-Time Director | 17 Jul 1987 | 39 Years 3 Months | Current |
Peer comparison
Medley Pharmaceuticals Limited is compared with the 9 companies closest to it by revenue in the Pharma industry (Formulations, Pharmaceuticals), 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 |
|---|---|---|---|---|---|---|
| Corona Remedies Limited | ₹1,202.35 Cr (FY 2025) | 18.0% | Ahmedabad, Gujarat, India | |||
| Hetero Healthcare Limited | ₹1,189.8 Cr (FY 2025) | 16.0% | Hyderabad, Telangana, India | |||
| BDR Pharmaceuticals International Private Limited | ₹1,137.31 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Tirupati Medicare Limited | ₹1,119.15 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Zuventus Healthcare Limited | ₹1,117.95 Cr (FY 2025) | 4.0% | Pune, Maharashtra, India | |||
| Medley Pharmaceuticals Limitedthis company | ₹1,114.92 Cr (FY 2025) | ₹247.97 Cr | 22.2% | 8.0% | 2,852 | Mumbai, Maharashtra, India |
| Troikaa Pharmaceuticals Limited | ₹1,088.44 Cr (FY 2025) | 12.0% | Ahmedabad, Gujarat, India | |||
| Tenshi Pharmaceuticals Private Limited | ₹1,071.06 Cr (FY 2024) | 98.0% | Bangalore, Karnataka, India | |||
| Centaur Pharmaceuticals Private Limited | ₹1,060.17 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| Blue Cross Laboratories Private Limited | ₹1,021.41 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Medley Pharmaceuticals Limited, buy the company report.
Auditor
Medley Pharmaceuticals Limited is audited by S R B C & CO LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2024 | 324982E/E300003 |
Shareholding
The shareholding of Medley Pharmaceuticals Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Medley Pharmaceuticals Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2025 | 101198123 | Others | ₹20 Cr | Open | |
| 17 Jun 2022 | 100589116 | Others | ₹20 Cr | Open | |
| 15 Apr 2021 | 100444522 | Others | ₹10 Lakh | Open | |
| 31 Mar 1999 | 90240567 | State Bank of India | ₹17.3 Cr | Open | |
| 30 Mar 2015 | 10561110 | Icici Bank Limited | ₹6.5 Cr | Satisfied |
To see the full charge records of Medley Pharmaceuticals Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Medley Pharmaceuticals Limited has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.2 Cr; the latest was in September 2021.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Sep 2020 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Nov 2006 | Funding round | ₹4 Cr | Investors: Medley Laboratories Private Limited , 3 individuals |
To see the full deal history of Medley Pharmaceuticals 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
Medley Pharmaceuticals Limited has 290 court cases on record: 191 filed by Medley Pharmaceuticals, 99 filed against it. 76 cases are pending and 214 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 169 | 64 | 25 |
| District courts | 115 | 33 | 51 |
| Supreme Court | 6 | 2 | 0 |
Cases on record (5 of 290)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (COMMP) | Filed against the company by Walter Bushnell Pvt Ltd and 2 Ors and 2 others | Pending |
| High Court, MAHARASHTRA | Court case (COMMP) | Filed by the company against Glenmark Pharmaceuticals Ltd. and Another and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against S. K. Jain Trading Pvt. Ltd. and 3 others | Pending |
| High Court of Delhi | Court case (C.O. (COMM.IPD-TM)) | Filed by the company against Ranbaxy Laboratories Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against J Duncan Healthcare Private Limited and 1 other | Disposed |
To see the full case history of Medley Pharmaceuticals 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.
Credit ratings & regulatory alerts
Medley Pharmaceuticals Limited was last rated by Crisil on 27 Nov 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Nov 2019 |
To see the full credit ratings and regulatory alerts of Medley Pharmaceuticals Limited, buy the company report.
MSME payment delays
Medley Pharmaceuticals Limited has 15 MSME Form 1 returns on record between 2018 and 2024, listing 252 overdue payments to 76 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 76)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Accurate Research & Analytical Private Limited | |||
| Maple Biotech Pvt Ltd | |||
| Kaulchand H. Jogani & Suresh K | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Medley Pharmaceuticals Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Medley Pharmaceuticals has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sinkhai Healthcare Limited | U24230MH2005PLC151938 |
To see the full group structure of Medley Pharmaceuticals Limited, buy the company report.
Employees & EPFO
Medley Pharmaceuticals Limited has a workforce of 2,852 employees on its EPFO records as of Feb 27, 2025, across 2 active EPFO establishments.
GST
Medley Pharmaceuticals has 27 GST registrations: 23 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM2764J1ZC | Maharashtra | Active | 01 Jul 2017 |
| 27AAACM2764J2ZB | Maharashtra | Active | 16 Jul 2017 |
| 03AAACM2764J1ZM | Punjab | Active | 01 Jul 2017 |
| 05AAACM2764J1ZI | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Medley Pharmaceuticals Limited, buy the company report.
Recent activity
Medley Pharmaceuticals Limited has 25 board changes on record since 1987: 8 appointments and 17 cessations. The latest: Mohamed Aslam Abdul Rahman Sheikh ceased to be Additional Director on 29 Sep 2024.
78 earlier events are in the company report.
Frequently asked questions
Medley Pharmaceuticals is an active public limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 15 April 1975 (51+ years old) and is registered under CIN U24230MH1975PLC018296.
Medley Pharmaceuticals has 8 current directors and KMP:
- Sahir Sami Khatib - Managing Director
- Saba Mir Asif Ali - Whole-Time Director
- Sarosh Sami Khatib - Whole-Time Director
- Mirasif Mirmohsin Ali - Whole-Time Director
- Mohamed Aslam Abdul Rahman Sheikh - Director
- Suhel Sami Khatib - Director
- Sucheta Mudgerikar - Director
- Ravindra Baliram More - Company Secretary
The latest financial statements of Medley Pharmaceuticals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Medley Pharmaceuticals is 27AAACM2764J1ZC, registered in Maharashtra. The company has 27 GST registrations in all, of which 23 are active and 4 are cancelled or inactive. Other active GSTINs include 27AAACM2764J2ZB (Maharashtra), 03AAACM2764J1ZM (Punjab), 05AAACM2764J1ZI (Uttarakhand).
The CIN (Corporate Identification Number) of Medley Pharmaceuticals is U24230MH1975PLC018296. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medley Pharmaceuticals has 290 court cases on record: 191 filed by the company and 99 filed against it. 76 are pending. Most are in the high courts.
Medley Pharmaceuticals was incorporated on 15 April 1975, making it 51+ years old. It is registered with the Registrar of Companies, Mumbai.
Medley Pharmaceuticals has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.2 Cr; the latest was in September 2021.
The peers of Medley Pharmaceuticals by revenue are Corona Remedies Limited, Hetero Healthcare Limited, BDR Pharmaceuticals International Private Limited, Tirupati Medicare Limited, Zuventus Healthcare Limited and 4 more, all in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Mohamed Aslam Abdul Rahman Sheikh ceased to be Additional Director on 29 Sep 2024. Sucheta Mudgerikar ceased to be Additional Director on 29 Sep 2024. Sucheta Mudgerikar was appointed as Director on 25 Jul 2024. Medley Pharmaceuticals has 25 board changes on record in total.
Medley Pharmaceuticals has 15 MSME Form 1 returns on record between 2018 and 2024, listing 252 overdue payments to 76 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Medley Pharmaceuticals can be reached through the website medleylab.com. Its registered office is in Mumbai, Maharashtra, India.

