Meril Life Sciences Private Limited

Meril Life Sciences Private Limited - healthcare in Vapi, Gujarat, India. FY 2026 financials and compliance.
CIN U24239GJ2007PTC051137 Incorporated 19 June 2007 ROC Ahmedabad HQ Vapi, Gujarat, India
Active Private Limited Company healthcare
Data last updated
Revenue · FY 2025
₹1,729.52 Cr
▲ 44.00% YoY
EBITDA · FY 2025
*****
▲ 114.00% YoY
Net profit · FY 2025
*****
▲ 135.00% YoY
Authorised capital
₹100 Cr
Registered with MCA
Paid-up capital
₹99.36 Cr
Issued & subscribed
Open charges
₹788.45 Cr
Satisfied ₹228.76 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
1,584
Latest available

About Meril Life Sciences Private Limited

Data last updated: 20 December 2025

Meril Life Sciences Private Limited is a private limited company based in Vapi, Gujarat, India, a subsidiary of Micro Life Sciences Private Limited. It specialises in medical and laboratory equipment, a part of the broader healthcare sector. Incorporated on 19 June 2007, the company has been in operation for over 19 years.

Registered with ROC Ahmedabad under CIN U24239GJ2007PTC051137.

Capital: an authorised share capital of ₹100 Cr and a paid-up capital of ₹99.36 Cr. It is led by directors including Nanubhai Premjibhai Bambharolia and Rajnikant Gandalal Vyas.

Last AGM: 30 July 2025. Financial statements filed for year ended 31 March 2025. Office: Bilakhia House Survey No. 135/139 Muktanand Marg Chala, Vapi, Gujarat, India – 396191.

As per the financials filed for FY 2025, the company reported a revenue of ₹1,729.52 Cr, a growth of 44% compared to the previous year.

The company has a workforce of approximately 1,584 employees as per the latest available data. It operates as a subsidiary of Micro Life Sciences Private Limited. Its group structure includes 1 subsidiary.

The company is associated with 4 brands - Myval, Misso, Merilvet, Meril. As per MCA filings, the company has open charges of ₹788.45 Cr and satisfied charges of ₹228.76 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 merillife.com.

Company Details of Meril Life Sciences Private Limited
CIN U24239GJ2007PTC051137
Registration Number 051137
Incorporation Date 19 June 2007
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Micro Life Sciences Private Limited
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
  • Registered Address
    Bilakhia House Survey No. 135/139 Muktanand Marg Chala, Vapi, Gujarat, India – 396191
  • Industry
    Healthcare, Medical & Laboratory Equipment
Company report
Meril Life Sciences Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Meril Life Sciences Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Meril Life Sciences Private Limited

Meril Life Sciences Private Limited operates multiple associated brands including Myval, Misso, and Merilvet. These brands represent Meril Life Sciences Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Offers a transcatheter aortic heart valve replacement system. myval.com
MISSO provides robotic assistance for accurate joint replacements using 3D scans. misso.ai
Medical device innovation in orthopedics, endo-surgery, and diagnostics. merilvet.com
Developer of medical devices for surgeries and diagnosis merillife.com

Competitors & Alternatives of Meril Life Sciences Private Limited

Brands and companies operating in the same space as Meril Life Sciences Private Limited include GE Healthcare, Medtronic, Boston Scientific and 7 more.

Competitor Description Location Founded
GE Healthcare GE Healthcare Materials management solutions are provided for healthcare organizations. Chicago, United States, United States 1892
Medtronic Medtronic Medical equipment for treating over 30 chronic diseases is developed. Minneapolis, United States, United States 1949
Boston Scientific Boston Scientific Wide range of medical devices Marlborough, United States, United States 1979
Johnson & Johnson Johnson & Johnson Healthcare solutions are provided by Johnson & Johnson globally. New Brunswick, United States, United States 1886
Silk Road Medical Silk Road Medical Provider of neuroprotection devices for carotid artery disease Sunnyvale, United States, United States 2007
Hologic Hologic Diagnostic and surgical products for women's healthcare are provided. Marlborough, United States, United States 1985
CONMED CONMED Surgical instruments are manufactured for multiple therapeutic areas. Utica, United States, United States 1987
Commure Commure Complex healthcare challenges are addressed through technology solutions by Commure. San Francisco, United States, United States 2016
Coherent Coherent Laser-based and photonics products are manufactured for multiple applications. Santa Clara, United States, United States 1966
Baxter Baxter Biosciences, medication delivery, and renal products are developed and marketed. Deerfield, United States, United States 1931

Business Activity of Meril Life Sciences Private Limited

Meril Life Sciences Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C13 Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities *********

Auditor Details of Meril Life Sciences Private Limited

Meril Life Sciences Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2025. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
DELOITTE HASKINS & SELLS LLP blur-value blur-value blur-value

Board of Directors of Meril Life Sciences Private Limited

Meril Life Sciences Private Limited is currently managed by 4 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Nanubhai Premjibhai Bambharolia Whole-Time Director 19 Jun 2007 19 Years 0 Months Current
Rajnikant Gandalal Vyas Whole-Time Director 20 Oct 2010 15 Years 8 Months Current
Hemchandra Yadunandan Panjikar Director 11 Mar 2023 3 Years 3 Months Current

Financials of Meril Life Sciences Private Limited FY 2025 filings available

Meril Life Sciences Private Limited reported revenue of ₹1,729.52 Cr (up 44% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹1,729.52 Cr ▲ 44%
Profit
***** ▲ 135%
EBITDA
***** ▲ 114%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
*****
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Meril Life Sciences Private Limited

As of FY 2022, Meril Life Sciences Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Group Structure of Meril Life Sciences Private Limited

Meril Life Sciences Private Limited has 1 subsidiary company. This group structure data is as of FY 2022. The corporate group structure reflects Meril Life Sciences Private Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Meril Life Sciences India Private Limited U33110GJ1999PTC060787
**.**%

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Meril Life Sciences Private Limited

Open charges
₹788.45 Cr
Satisfied charges
₹228.76 Cr
Breakdown by lending institutions
Others₹420.00 Cr
Axis Bank Limited₹149.45 Cr
Hdfc Bank Limited₹120.00 Cr
Standard Chartered Bank₹60.00 Cr
Dbs Bank Ltd₹20.00 Cr
Others₹19.00 Cr
Latest charge details
DateLenderAmountStatus
15 Nov 2024 Others ₹144 Cr Open
13 Jun 2023 Others ₹146 Cr Open
28 Sep 2021 Others ₹110 Cr Open
25 Jun 2019 Hdfc Bank Limited ₹120 Cr Open
07 Jun 2019 Others ₹20 Cr Open

Total charge records: 15 View all charges

Employees and EPFO Compliance at Meril Life Sciences Private Limited

Meril Life Sciences Private Limited has a workforce of 1,584 employees as of Sep 25, 2025.

Employee count
1,584
Active EPFO establishments
1
Employee growth
7.98%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Meril Life Sciences Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Meril Life Sciences Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Meril Life Sciences Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Meril Life Sciences Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Meril Life Sciences Private Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Meril Life Sciences Private Limited

MSME Payment Delays by Meril Life Sciences Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Meril Life Sciences Private Limited

Subsidiaries & Group Companies of Meril Life Sciences Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Meril Life Sciences Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Meril Life Sciences Private Limited

MCA Filings & Documents of Meril Life Sciences Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Meril Life Sciences Private Limited

Activity
30 Jul 2025
Meril Life Sciences Private Limited last Annual general meeting of members was held on 30 Jul 2025 as per latest MCA records.
Activity
31 Mar 2025
Meril Life Sciences Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
15 Nov 2024
A charge with Others amounted to Rs. 144.00 Cr with Charge ID 101013269 was registered on 15 Nov 2024.
Charges
19 Jul 2024
A charge registered on 24 May 2021 via Charge ID 100450226 with Others was fully satisfied on 19 Jul 2024.
Charges
29 Jun 2024
A charge with Others of Rs. 20.00 Cr registered on 07 Jun 2019 with Charge ID 100270162 was modified on 29 Jun 2024.
Charges
04 Jun 2024
A charge with Hdfc Bank Limited of Rs. 120.00 Cr registered on 25 Jun 2019 with Charge ID 100273444 was modified on 04 Jun 2024.

Frequently Asked Questions about Meril Life Sciences Private Limited

Meril Life Sciences Private Limited is an active private limited company in the healthcare sector based in Vapi, Gujarat, India. It was incorporated on 19 June 2007 (19+ years old) and is registered under CIN U24239GJ2007PTC051137. The company has 1,584 employees.

Meril Life Sciences Private Limited reported revenue of ₹1,729.52 Cr for FY 2025 (up 44.00% YoY).

The current directors of Meril Life Sciences Private Limited are:

The primary industry of Meril Life Sciences Private Limited is healthcare. The company specifically operates in medical and laboratory equipment. The company is currently active in this sector.

Meril Life Sciences Private Limited can be reached at the registered office: Bilakhia House Survey No. 135139 Muktanand Marg Chala, Vapi, Gujarat, India – 396191, or through the website merillife.com.

The authorised capital is ₹100 Cr, and the paid-up capital is ₹99.36 Cr.

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