Megafine Pharma Private Limited

Megafine Pharma Private Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24239MH1995PTC092028 Incorporated 22 August 1995 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company pharma MSME · Medium
Data last updated
Revenue · FY 2025
₹310.01 Cr
▼ 5% YoY
Net profit · FY 2025
₹29.08 Cr
Net margin 9.4%
EBITDA · FY 2025
₹50.29 Cr
EBITDA margin 16.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.53 Cr
Issued & subscribed
Open charges
₹48 Cr
Satisfied ₹48.75 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
758
Provident fund records

About Megafine Pharma Private Limited

Data last updated:

Megafine Pharma Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 22 August 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24239MH1995PTC092028. Its GSTIN is 27AAACM7472M1ZZ (Maharashtra). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.53 Cr. It is led by directors including Shailesh Jethmal Sanghvi (Managing Director) and Rohit Brijmohan Mantri.

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 Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹310.01 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹29.08 Cr (net margin 9.4%) and EBITDA of ₹50.29 Cr (EBITDA margin 16.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 11% over five years.

The company has about 758 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Megafine. As per MCA filings, the company has open charges of ₹48 Cr and satisfied charges of ₹48.75 Cr on record. Court records list 23 cases involving the company, including 7 filed by the company and 15 filed against it; 3 cases are pending. The company has 8 deals on record (6 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹1.2 Cr; the latest was in February 2025. Its 10 peer companies in the Pharma industry (API Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Valiant Laboratories Limited with revenue of ₹338.77 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 152 overdue payments to 32 micro and small suppliers.

Megafine Pharma Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0000781). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website megafine.in.

Company Details of Megafine Pharma Private Limited
CIN U24239MH1995PTC092028
Registration Number 092028
Incorporation Date 22 August 1995
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0000781

Recognitions & Rankings of Megafine Pharma

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-18-0000781
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    901 A Wing Naman Midtown, Senapati Bapat Marg Prabhadevi, Mumbai, Maharashtra, India – 400013
  • Industry
    Pharma, API Manufacturers
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Financials, compliance, directors, charges, ownership and filings for Megafine Pharma Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Megafine Pharma Private Limited

Megafine Pharma operates one associated brand: Megafine. Each brand links to its own profile.

BrandDescriptionWebsite
Company manufacturing its own Active Pharmaceutical Ingredients (APIs) and Advanced Intermediates, and also offering CDMO services for innovator and generic pharma companiesmegafine.in

Business Activity of Megafine Pharma Private Limited

The main business activity of Megafine Pharma 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.

  • Turnover contribution
  • Historical classifications
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Financials of Megafine Pharma Private Limited FY 2025 filings available

Megafine Pharma Private Limited reported revenue of ₹310.01 Cr (down 5% YoY) for FY 2025.

Revenue · FY 2025
₹310.01 Cr ▼ 5%
Net profit · FY 2025
₹29.08 Cr margin 9.4%
EBITDA · FY 2025
₹50.29 Cr margin 16.2%

Compounded Annual Growth Rate (CAGR) of Megafine Pharma Private Limited

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 7%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 5%
5 years · compounded
▲ 69%

Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 13% 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 Megafine Pharma Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹50.29 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹29.08 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 Megafine Pharma Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin16.2%••••••••••••••••
Net Profit Margin9.4%••••••••••••••••
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 Megafine Pharma are in the company report.

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Financial statements from 2015

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Board of Directors of Megafine Pharma Private Limited

Megafine Pharma has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rohit Brijmohan MantriNominee Director21 Feb 20251 Years 8 MonthsCurrent
Shailesh Jethmal SanghviManaging Director22 Aug 199531 Years 1 MonthsCurrent
Hari PrasshanthNominee Director06 Mar 20251 Years 7 MonthsCurrent

Peer Comparison of Megafine Pharma Private Limited

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

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Valiant Laboratories Limited₹338.77 Cr (FY 2023)••••••••61.0%••••Mumbai, Maharashtra, India
Mehta Api Private Limited₹325.77 Cr (FY 2025)••••••••36.0%••••Mumbai, Maharashtra, India
Synergene Active Ingredients Private Limited₹319.93 Cr (FY 2024)••••••••37.0%••••Hyderabad, Telangana, India
Mangalam Drugs and Organics Limited Listed₹318.73 Cr (FY 2025)••••••••-14.0%••••Mumbai, Maharashtra, India
Saraca Laboratories Limited₹310.45 Cr (FY 2025)••••••••11.0%••••Hyderabad, Telangana, India
Megafine Pharma Private Limited this company₹310.01 Cr (FY 2025)••••••••-5.0%••••Mumbai, Maharashtra, India
Bal Pharma Limited Listed₹305.29 Cr (FY 2025)••••••••-11.0%••••Bangalore, Karnataka, India
Optrix Laboratories Private Limited₹304.7 Cr (FY 2020)••••••••43.0%••••Hyderabad, Telangana, India
Ajinomoto Bio-Pharma Services India Private Limited₹301.41 Cr (FY 2025)••••••••56.0%••••Anakapalle, Andhra Pradesh, India
Alembic Limited Listed₹296.78 Cr (FY 2025)••••••••40.0%••••Vadodara, Gujarat, India
Anjan Drug Private Limited₹293.42 Cr (FY 2025)••••••••-14.0%••••Chengalpattu Dt, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Megafine Pharma by revenue in the Pharma industry (API Manufacturers), 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 Megafine Pharma Private Limited

Megafine Pharma Private Limited is audited by Jain Ambavat & Associates LLP for the financial year 2024.

NameStatusAppointment DateCessation Date
Jain Ambavat & Associates LLPLockedLockedLocked
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Ownership and Shareholding of Megafine Pharma Private Limited

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Charges & Borrowings of Megafine Pharma Private Limited

Open charges
₹48 Cr
Satisfied charges
₹48.75 Cr
Breakdown by lending institutions
State Bank of India₹39.50 Cr
Hdfc Bank Limited₹8.50 Cr
Latest charge details
DateLenderAmountStatus
26 Apr 2012Hdfc Bank Limited₹8.5 CrOpen
13 Jun 2006State Bank of India₹39.5 CrOpen
22 Nov 2019Hdfc Bank Limited₹44.5 CrSatisfied
29 Sep 2003Canara Bank₹2.7 CrSatisfied
05 Jun 2002Canara Bank₹8 LakhSatisfied

Total charge records: 9 View all charges

Deals & Funding of Megafine Pharma Private Limited

Megafine Pharma Private Limited has 8 deals on record (6 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹1.2 Cr; the latest was in February 2025.

Total deals
8
Secondary share transfers
6
Funding round
1
Acquisition
1
Disclosed funding
₹1.2 Cr

Deals on record (5 of 8)

WhenDealAmountParties
Feb 2025Acquisition₹460 CrBuyer: Motilal Oswal Private Equity
Sep 2022Secondary share transferUndisclosedSeller: 4 individuals
Mar 2021Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2015Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2014Secondary share transferUndisclosedBuyer: Hasmukh P Gandhi HUF, Dharmesh P Gandhi HUF, Mukesh J Sanghvi HUF
Seller: 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 Megafine Pharma Private Limited

Megafine Pharma Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 152 overdue payments to 32 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 32)

SupplierAmount dueDue sinceReported on
an individual supplier••••••••••••
an individual supplier••••••••••••
Jai Lakshmi Agro Chemicals Private Limited••••••••••••
Bombay Ammonia & Chemical Company••••••••••••
an individual supplier••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.

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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 Megafine Pharma Private Limited

Megafine Pharma Private Limited has a workforce of 758 employees as of Dec 12, 2024.

Employee count
758
Active EPFO establishments
2
Employee growth
0.4%
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Employee and EPFO history

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

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Recent Activity on Megafine Pharma Private Limited

Megafine Pharma Private Limited has 6 board changes on record since 1995: 3 appointments and 3 cessations. The latest: Hari Prasshanth was appointed as Nominee Director on 06 Mar 2025.

AGM
Megafine Pharma Private Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records.
Filing
Megafine Pharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Hari Prasshanth was appointed as Nominee Director.
Appointed
Rohit Brijmohan Mantri was appointed as Nominee Director.
Charges
A charge registered on 22 Nov 2019 via Charge ID 100304683 with Hdfc Bank Limited was fully satisfied on 14 Aug 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 8.50 Cr registered on 26 Apr 2012 with Charge ID 10350830 was modified on 01 Aug 2024.
Charges
A charge with State Bank Of India of Rs. 39.50 Cr registered on 13 Jun 2006 with Charge ID 10007239 was modified on 20 Jul 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 44.50 Cr with Charge ID 100304683 was registered on 22 Nov 2019.
Ceased
Kunal Ashok Jhaveri ceased to be Additional Director.
Ceased
Ashok Kirtilal Jhaveri ceased to be Whole-Time Director.
Ceased
Hasmukh Purushottam Gandhi ceased to be Director.
Charges
A charge registered on 05 Jun 2002 via Charge ID 90160114 with Canara Bank was fully satisfied on 06 Jun 2012.

16 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Megafine Pharma Private Limited

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Subsidiaries & Group Companies of Megafine Pharma Private Limited

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Corporate group structure

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GST Compliance of Megafine Pharma Private Limited

Megafine Pharma has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAACM7472M1ZZMaharashtraActive01 Jul 2017
24AAACM7472M1Z5GujaratActive01 Jul 2017
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GST registrations and filing compliance

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MCA Filings & Documents of Megafine Pharma Private Limited

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Frequently Asked Questions about Megafine Pharma Private Limited

Megafine Pharma is an active private limited company based in Mumbai, Maharashtra, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 22 August 1995 (31+ years old) and is registered under CIN U24239MH1995PTC092028.

Megafine Pharma reported revenue of ₹310.01 Cr for FY 2025 (down 5% YoY).

Megafine Pharma has 3 current directors:

Megafine Pharma reported a net profit of ₹29.08 Cr (net margin 9.4%) and EBITDA of ₹50.29 Cr (EBITDA margin 16.2%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Megafine Pharma is 7% over three years and 11% over five years. In the latest year (FY 2025) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Megafine Pharma is 27AAACM7472M1ZZ, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACM7472M1Z5 (Gujarat).

The CIN (Corporate Identification Number) of Megafine Pharma is U24239MH1995PTC092028. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Megafine Pharma has 23 court cases on record: 7 filed by the company and 15 filed against it. 3 are pending. Most are in the high courts.

Megafine Pharma was incorporated on 22 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.

Megafine Pharma has 8 deals on record (6 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹1.2 Cr; the latest was in February 2025.

The peers of Megafine Pharma by revenue are Valiant Laboratories Limited, Mehta Api Private Limited, Synergene Active Ingredients Private Limited, Mangalam Drugs and Organics Limited, Saraca Laboratories Limited and 5 more, all in the Pharma industry (API Manufacturers).

Hari Prasshanth was appointed as Nominee Director on 06 Mar 2025. Rohit Brijmohan Mantri was appointed as Nominee Director on 21 Feb 2025. Kunal Ashok Jhaveri ceased to be Additional Director on 27 Sep 2019. Megafine Pharma has 6 board changes on record in total.

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