About Mercury Laboratories Limited
Data last updated: 04 January 2026
Mercury Laboratories Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in drug formulation and development, a part of the broader pharmaceuticals sector. Incorporated on 12 February 1982, the company has been in operation for over 44 years.
Registered with ROC Mumbai under CIN L74239MH1982PLC026341. Listed on BSE: 538964.
Capital: an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.2 Cr. Formerly known as Mercury Laboratories Private Limited. It is led by directors including Janki Rajendra Shah and Sanjay Shantilal Patel.
Last AGM: 13 August 2025. Financial statements filed for year ended 31 March 2025. Office: Shreeji Mang Idas Marketprincess Street, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹76.17 Cr, a decline of 1% compared to the previous year.
The company has a workforce of approximately 471 employees as per the latest available data.
The company is associated with 1 brand - Mercury Laboratories. As per MCA filings, the company has open charges of ₹17.71 Cr and satisfied charges of ₹33.61 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mercurylabs.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressShreeji Mang Idas Marketprincess Street, Mumbai, Maharashtra, India – 400002
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IndustryPharma, Drug Formulation & Development
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Mercury Laboratories Limited
Mercury Laboratories Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74239MH1982PLC026341, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74239MH1982PLC026341 | Current |
| U74239MH1982PTC026341 | Previous |
| U74239MH1982PLC026341 | Previous |
Associated Brands with Mercury Laboratories Limited
Mercury Laboratories Limited operates one associated brand: Mercury Laboratories. These brands represent Mercury Laboratories Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical drugs are manufactured by Mercury Laboratories in India. | mercurylabs.com |
Business Activity of Mercury Laboratories Limited
Mercury Laboratories Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | ********* |
Auditor Details of Mercury Laboratories Limited
Mercury Laboratories Limited is audited by M/s NARESH AND CO (ICAI peer reviewed, certificate valid till 2027-10-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/s NARESH AND CO (ICAI peer reviewed, certificate valid till 2027-10-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Mercury Laboratories Limited
Mercury Laboratories Limited is currently managed by 8 directors, with 17 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Janki Rajendra Shah
Also directs:
Mercury Laboratories Limited, Mercury Antibiotics Llp
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Director | 05 Feb 2020 | 6 Years 5 Months | Current |
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Sanjay Shantilal Patel
Also directs:
Mercury Laboratories Limited, Ace Blue Ventures Llp, Aromix Private Limited and 4 more
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Additional Director | 14 May 2025 | 1 Years 1 Months | Current |
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Jayantilal Dhaneshwar Raval
Also directs:
Mercury Laboratories Limited
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Director | 24 Jul 2024 | 1 Years 11 Months | Current |
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Paresh Jagdishbhai Mistry
Also directs:
Mercury Laboratories Limited
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Director | 01 Oct 2017 | 8 Years 9 Months | Current |
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Dilip Ramanlal Shah
Also directs:
Mercury Laboratories Limited
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Director | 16 Feb 1982 | 44 Years 4 Months | Current |
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Rajendrakumar Ramanlal Shah
Also directs:
Mercury Laboratories Limited
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Managing Director | 16 Feb 1982 | 44 Years 4 Months | Current |
Financials of Mercury Laboratories Limited FY 2026 filings available
Mercury Laboratories Limited reported revenue of ₹75.94 Cr (up 1.11% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹75.94 Cr | ₹75.1 Cr | ₹75.56 Cr | ₹75.33 Cr | ₹57.92 Cr | ₹68.6 Cr | ₹57.27 Cr | ₹55.52 Cr |
| Other Income | ₹1.96 Cr | ₹1.07 Cr | ₹1.09 Cr | ₹1.72 Cr | ₹81.59 Lakh | ₹88.02 Lakh | ₹84.95 Lakh | ₹1.04 Cr |
| Total Income | ₹77.89 Cr | ₹76.17 Cr | ₹76.65 Cr | ₹77.05 Cr | ₹58.74 Cr | ₹69.48 Cr | ₹58.12 Cr | ₹56.56 Cr |
| Cost of Materials Consumed | ₹25.36 Cr | ₹27.45 Cr | ₹28.09 Cr | ₹28.57 Cr | ₹21.83 Cr | ₹29.48 Cr | ₹23.07 Cr | ₹23.33 Cr |
| Purchases of Stock-in-Trade | ₹2.28 Cr | ₹2.21 Cr | ₹2.36 Cr | ₹2.39 Cr | ₹2.05 Cr | ₹1.53 Cr | ₹1.73 Cr | ₹1.26 Cr |
| Changes in Inventories | ₹1.89 Cr | -₹74.27 Lakh | -₹14.76 Lakh | -₹54.52 Lakh | -₹22 Lakh | ₹15.88 Lakh | ₹84.22 Lakh | ₹1.75 Cr |
| Employee Benefit Expense | ₹17.44 Cr | ₹16.84 Cr | ₹14.5 Cr | ₹14.23 Cr | ₹12.37 Cr | ₹9.8 Cr | ₹9.3 Cr | ₹7.83 Cr |
| Finance Costs | ₹54.48 Lakh | ₹54.77 Lakh | ₹38.3 Lakh | ₹36.19 Lakh | ₹44.64 Lakh | ₹64.14 Lakh | ₹81.75 Lakh | ₹1.09 Cr |
| Depreciation & Amortisation | ₹3.42 Cr | ₹2.88 Cr | ₹2.82 Cr | ₹2.48 Cr | ₹2.45 Cr | ₹1.92 Cr | ₹1.87 Cr | ₹1.63 Cr |
| Other Expenses | ₹19.94 Cr | ₹22.33 Cr | ₹21.72 Cr | ₹22.12 Cr | ₹14.78 Cr | ₹18.04 Cr | ₹16.16 Cr | ₹15.63 Cr |
| Total Expenses | ₹70.86 Cr | ₹71.51 Cr | ₹69.73 Cr | ₹69.61 Cr | ₹53.71 Cr | ₹61.57 Cr | ₹53.79 Cr | ₹52.51 Cr |
| Profit Before Exceptional Items & Tax | ₹7.03 Cr | ₹4.66 Cr | ₹6.92 Cr | ₹7.44 Cr | ₹5.03 Cr | ₹7.91 Cr | ₹4.33 Cr | ₹4.05 Cr |
| Exceptional Items | -₹39.49 Lakh | ₹0 | ₹0 | ₹4.83 Lakh | ₹12.75 Lakh | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹6.64 Cr | ₹4.66 Cr | ₹6.92 Cr | ₹7.49 Cr | ₹5.16 Cr | ₹7.91 Cr | ₹4.33 Cr | ₹4.05 Cr |
| Total Tax Expense | ₹1.8 Cr | ₹1.52 Cr | ₹1.27 Cr | ₹1.91 Cr | ₹1.47 Cr | ₹2.57 Cr | ₹1.1 Cr | ₹1.21 Cr |
| Net Profit | ₹4.83 Cr | ₹3.14 Cr | ₹5.65 Cr | ₹5.58 Cr | ₹3.69 Cr | ₹5.34 Cr | ₹3.23 Cr | ₹2.84 Cr |
| Other Comprehensive Income | ₹9.33 Lakh | ₹58,000 | -₹2.45 Lakh | ₹16.33 Lakh | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹4.93 Cr | ₹3.15 Cr | ₹5.63 Cr | ₹5.74 Cr | ₹3.69 Cr | ₹5.34 Cr | ₹3.23 Cr | ₹2.84 Cr |
| EBITDA (computed) | ₹11 Cr | ₹8.09 Cr | ₹10.12 Cr | ₹10.29 Cr | ₹7.93 Cr | ₹10.47 Cr | ₹7.02 Cr | ₹6.77 Cr |
| Basic EPS | ₹40.28 | ₹26.21 | ₹47.12 | ₹46.49 | ₹30.72 | ₹44.48 | ₹26.90 | ₹23.64 |
| Diluted EPS | ₹40.28 | ₹26.21 | ₹47.12 | ₹46.49 | ₹30.72 | ₹44.48 | ₹26.90 | ₹23.64 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹79.08 Cr | ₹74.24 Cr | ₹67.96 Cr | ₹67.58 Cr | ₹63.22 Cr | ₹65.37 Cr | ₹56.3 Cr | ₹57.3 Cr |
| Non-current Assets | ₹34.14 Cr | ₹34.16 Cr | ₹28.12 Cr | ₹25.87 Cr | ₹27.21 Cr | ₹27.57 Cr | ₹24.79 Cr | ₹25.4 Cr |
| Current Assets | ₹44.95 Cr | ₹40.08 Cr | ₹39.84 Cr | ₹41.71 Cr | ₹36.01 Cr | ₹37.8 Cr | ₹31.51 Cr | ₹31.9 Cr |
| Property, Plant & Equipment | ₹23.88 Cr | ₹24.62 Cr | ₹24.01 Cr | ₹24.22 Cr | ₹25.76 Cr | ₹26.27 Cr | ₹23.62 Cr | ₹24.31 Cr |
| Inventories | ₹7.12 Cr | ₹7.21 Cr | ₹6.21 Cr | ₹6.9 Cr | ₹6.78 Cr | ₹5.16 Cr | ₹5.51 Cr | ₹6.78 Cr |
| Trade Receivables | ₹25.85 Cr | ₹25.74 Cr | ₹21.85 Cr | ₹21.37 Cr | ₹17.54 Cr | ₹22.54 Cr | ₹18.14 Cr | ₹19.29 Cr |
| Cash & Equivalents | ₹80.32 Lakh | ₹33.18 Lakh | ₹3.29 Cr | ₹3.71 Cr | ₹4.11 Cr | ₹3.03 Cr | ₹1.3 Cr | ₹28.58 Lakh |
| Equity (Net Worth) | ₹58.08 Cr | ₹53.57 Cr | ₹50.84 Cr | ₹45.63 Cr | ₹40.34 Cr | ₹36.89 Cr | ₹31.98 Cr | ₹28.97 Cr |
| Equity Share Capital | ₹1.2 Cr | ₹1.2 Cr | ₹1.2 Cr | ₹1.2 Cr | ₹1.2 Cr | ₹1.2 Cr | ₹1.2 Cr | ₹1.2 Cr |
| Borrowings (Non-current) | ₹6.74 Cr | ₹3.04 Cr | ₹2.86 Cr | ₹2.42 Cr | ₹5.07 Cr | ₹6.24 Cr | ₹6.33 Cr | ₹8.5 Cr |
| Borrowings (Current) | ₹66.87 Lakh | ₹1.05 Cr | ₹2.63 Cr | ₹2.94 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹7.41 Cr | ₹4.09 Cr | ₹5.5 Cr | ₹5.36 Cr | ₹5.07 Cr | ₹6.24 Cr | ₹6.33 Cr | ₹8.5 Cr |
| Current Liabilities | ₹11.69 Cr | ₹15.08 Cr | ₹12.94 Cr | ₹16.43 Cr | ₹13.63 Cr | ₹18.83 Cr | ₹15.07 Cr | ₹16.92 Cr |
| Total Liabilities | ₹21.01 Cr | ₹20.67 Cr | ₹17.12 Cr | ₹21.95 Cr | ₹22.88 Cr | ₹28.48 Cr | ₹24.32 Cr | ₹28.33 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹4.24 Cr | ₹4 Cr | ₹8.23 Cr | ₹2.45 Cr | ₹5.16 Cr |
| Investing Cash Flow | -₹3.17 Cr | -₹9.04 Cr | -₹6.27 Cr | -₹1.06 Cr | - |
| Financing Cash Flow | ₹2.91 Cr | -₹99.45 Lakh | -₹1.04 Cr | -₹1.01 Cr | - |
| Capital Expenditure | ₹3.17 Cr | ₹9.04 Cr | ₹6.27 Cr | ₹1.06 Cr | - |
| Free Cash Flow (computed) | ₹1.07 Cr | -₹5.04 Cr | ₹1.95 Cr | ₹1.4 Cr | - |
| Dividends Paid | ₹42 Lakh | ₹42 Lakh | ₹42 Lakh | ₹42 Lakh | - |
| Net Change in Cash | ₹3.99 Cr | -₹6.03 Cr | ₹91.14 Lakh | ₹38.28 Lakh | ₹5.16 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹20.44 Cr | ₹18.35 Cr | ₹19.01 Cr | ₹18.14 Cr | ₹20.66 Cr | ₹19.57 Cr | ₹18.19 Cr | ₹16.68 Cr |
| Other Income | ₹67.09 Lakh | ₹31.24 Lakh | ₹79.08 Lakh | ₹18.1 Lakh | ₹18.45 Lakh | ₹52.9 Lakh | ₹20.55 Lakh | ₹14.98 Lakh |
| Total Income | ₹21.11 Cr | ₹18.66 Cr | ₹19.8 Cr | ₹18.32 Cr | ₹20.84 Cr | ₹20.1 Cr | ₹18.4 Cr | ₹16.83 Cr |
| Cost of Materials Consumed | ₹6.9 Cr | ₹6.3 Cr | ₹6.22 Cr | ₹5.94 Cr | ₹8.15 Cr | ₹7.12 Cr | ₹7.54 Cr | ₹4.65 Cr |
| Purchases of Stock-in-Trade | ₹75.24 Lakh | ₹57.67 Lakh | ₹60.92 Lakh | ₹33.78 Lakh | ₹69.32 Lakh | ₹63.31 Lakh | ₹36.33 Lakh | ₹51.59 Lakh |
| Changes in Inventories | ₹19.29 Lakh | ₹16.46 Lakh | ₹56 Lakh | ₹97.4 Lakh | -₹79.12 Lakh | -₹19.33 Lakh | -₹1.09 Cr | ₹1.33 Cr |
| Employee Benefit Expense | ₹4.57 Cr | ₹4.17 Cr | ₹4.45 Cr | ₹4.24 Cr | ₹4.36 Cr | ₹4.31 Cr | ₹4.33 Cr | ₹3.84 Cr |
| Finance Costs | ₹13.05 Lakh | ₹13.75 Lakh | ₹13.21 Lakh | ₹14.53 Lakh | ₹13.12 Lakh | ₹12.71 Lakh | ₹15.13 Lakh | ₹13.81 Lakh |
| Depreciation & Amortisation | ₹84.39 Lakh | ₹86.91 Lakh | ₹86.32 Lakh | ₹84.34 Lakh | ₹72.95 Lakh | ₹73.51 Lakh | ₹71.28 Lakh | ₹69.84 Lakh |
| Other Expenses | ₹5.98 Cr | ₹4.62 Cr | ₹5.05 Cr | ₹4.29 Cr | ₹6.12 Cr | ₹5.73 Cr | ₹5.75 Cr | ₹4.73 Cr |
| Total Expenses | ₹19.38 Cr | ₹16.84 Cr | ₹17.88 Cr | ₹16.77 Cr | ₹19.4 Cr | ₹18.46 Cr | ₹17.75 Cr | ₹15.91 Cr |
| Profit Before Exceptional Items & Tax | ₹1.74 Cr | ₹1.82 Cr | ₹1.92 Cr | ₹1.55 Cr | ₹1.45 Cr | ₹1.64 Cr | ₹65.27 Lakh | ₹91.93 Lakh |
| Exceptional Items | ₹0 | -₹39.49 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹1.74 Cr | ₹1.43 Cr | ₹1.92 Cr | ₹1.55 Cr | ₹1.45 Cr | ₹1.64 Cr | ₹65.27 Lakh | ₹91.93 Lakh |
| Total Tax Expense | ₹51.14 Lakh | ₹43.23 Lakh | ₹27.98 Lakh | ₹57.97 Lakh | ₹33.65 Lakh | ₹45.02 Lakh | ₹15.23 Lakh | ₹57.78 Lakh |
| Net Profit | ₹1.23 Cr | ₹99.75 Lakh | ₹1.64 Cr | ₹96.76 Lakh | ₹1.11 Cr | ₹1.19 Cr | ₹50.04 Lakh | ₹34.15 Lakh |
| Other Comprehensive Income | ₹7.47 Lakh | ₹2.03 Lakh | -₹33,000 | ₹15,000 | -₹1.72 Lakh | ₹77,000 | ₹92,000 | ₹61,000 |
| Total Comprehensive Income | ₹1.3 Cr | ₹1.02 Cr | ₹1.64 Cr | ₹96.91 Lakh | ₹1.09 Cr | ₹1.2 Cr | ₹50.96 Lakh | ₹34.76 Lakh |
| EBITDA (computed) | ₹2.71 Cr | ₹2.83 Cr | ₹2.92 Cr | ₹2.54 Cr | ₹2.31 Cr | ₹2.51 Cr | ₹1.52 Cr | ₹1.76 Cr |
| Basic EPS | ₹10.21 | ₹8.31 | ₹13.69 | ₹8.06 | ₹9.25 | ₹9.94 | ₹4.17 | ₹2.85 |
| Diluted EPS | ₹10.21 | ₹8.31 | ₹13.69 | ₹8.06 | ₹9.25 | ₹9.94 | ₹4.17 | ₹2.85 |
Shareholding Pattern of Mercury Laboratories Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 73.66%, retail and other public shareholders hold 26.34% of Mercury Laboratories Limited. The company had 1,316 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 73.66% | 73.66% | 73.66% | 73.66% | 73.66% | 73.66% |
| Public | 26.34% | 26.34% | 26.34% | 26.34% | 26.34% | 26.34% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 73.66% | 73.66% | 73.66% |
| Public | 26.34% | 26.34% | 26.34% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Mercury Laboratories Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Dec 2024 | Sidbi | ₹1.9 Cr | Open |
| 14 Mar 2024 | Hdfc Bank Limited | ₹20 Lakh | Open |
| 25 May 2023 | Hdfc Bank Limited | ₹50 Lakh | Open |
| 27 Sep 2021 | Hdfc Bank Limited | ₹7.06 Cr | Open |
| 21 Jul 2020 | Hdfc Bank Limited | ₹8.05 Cr | Open |
Total charge records: 18 View all charges
Employees and EPFO Compliance at Mercury Laboratories Limited
Mercury Laboratories Limited has a workforce of 471 employees as of Oct 10, 2025.
Employee Count & EPFO Data of Mercury Laboratories Limited
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GST Compliance of Mercury Laboratories Limited
GSTIN & GST Filing Data of Mercury Laboratories Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mercury Laboratories Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Mercury Laboratories Limited
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MSME Payment Delays by Mercury Laboratories Limited
MSME Payment Delays by Mercury Laboratories Limited
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Subsidiaries & Group Companies of Mercury Laboratories Limited
Subsidiaries & Group Companies of Mercury Laboratories Limited
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MCA Filings & Documents of Mercury Laboratories Limited
MCA Filings & Documents of Mercury Laboratories Limited
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Recent Activity on Mercury Laboratories Limited
Frequently Asked Questions about Mercury Laboratories Limited
Mercury Laboratories Limited is an active public limited company in the pharma sector based in Mumbai, Maharashtra, India. It was incorporated on 12 February 1982 (44+ years old) and is registered under CIN L74239MH1982PLC026341. Listed on BSE: 538964. The company has 471 employees.
Mercury Laboratories Limited reported revenue of ₹76.17 Cr for FY 2025 (down 1.00% YoY).
The current directors of Mercury Laboratories Limited are:
- Janki Rajendra Shah
- Sanjay Shantilal Patel
- Krishna Dhruv Shah
- Jayantilal Dhaneshwar Raval
- Paresh Jagdishbhai Mistry
- Dilip Ramanlal Shah
- Rajendrakumar Ramanlal Shah
- Ashish Girish Vasavada
The primary industry of Mercury Laboratories Limited is pharma. The company specifically operates in drug formulation and development. The company is currently active in this sector.
Yes. Mercury Laboratories Limited is listed on BSE with code 538964.
Mercury Laboratories Limited can be reached at the registered office: Shreeji Mang Idas Marketprincess Street, Mumbai, Maharashtra, India – 400002, or through the website mercurylabs.com.