About Meyer Organics Private Limited
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Meyer Organics Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 07 February 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24239MH1981PTC023845. Its GSTIN is 27AABCM9346B1ZK (Maharashtra). The company holds 28 GST registrations, of which 22 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹80.19 Lakh. It was formerly known as Meyer Organics Limited. It is led by directors including Rajesh Balkrishna Tawade and Suruchi Vivek Athavale.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 177 Road No 16 (Z) Wagle Industrial Estate, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹984.18 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹85.4 Cr (net margin 8.7%) and EBITDA of ₹166.62 Cr (EBITDA margin 16.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
The company has about 2,669 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Meyer Organics. As per MCA filings, the company has open charges of ₹70.15 Cr and satisfied charges of ₹38.27 Cr on record. Court records list 116 cases involving the company, including 73 filed by the company and 43 filed against it; 43 cases are pending. The company has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹35 Lakh; the latest was in March 2019. Its 9 peer companies in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 5 smaller; the largest is Blue Cross Laboratories Private Limited with revenue of ₹1,021.41 Cr. The company has 21 MSME Form 1 returns on record between 2014 and 2023, listing 4,801 overdue payments to 411 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 meyer.co.in.
Company details
Contact details
Meyer Organics Private Limited's registered office is in Thane, Maharashtra. Its website is meyer.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 177 Road No 16 (Z) Wagle Industrial Estate, Thane, Maharashtra, India – 400604
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Meyer Organics 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
Brands
Meyer Organics operates one associated brand: Meyer Organics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical manufacturing and healthcare products focused on nutrition and exports in India. | meyer.co.in |
Business activity
The main business activity of Meyer Organics 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 Meyer Organics Private Limited, buy the company report.
Financials of Meyer Organics Private Limited
FY 2025 filings availableMeyer Organics Private Limited reported revenue of ₹984.18 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over three years, including 12% 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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| EBITDA | ₹166.62 Cr | ||||
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| Net Profit (PAT) | ₹85.4 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 | 16.9% | ||||
| Net Profit Margin | 8.7% | ||||
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To see the full financial statements and ratios of Meyer Organics Private Limited, buy the company report.
Board of directors of Meyer Organics Private Limited
Meyer Organics has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Balkrishna Tawade | Director | 10 Jan 2018 | 8 Years 9 Months | Current |
| Suruchi Vivek Athavale | Director | 28 Apr 2020 | 6 Years 6 Months | Current |
| Uma Paul Kalekar Also directs: Vitabiotics (India ) Private Limited, British Tool House Private Limited, Mont Blanc Enterprises Private Limited and 3 more | Director | 14 Jul 2006 | 20 Years 3 Months | Current |
| Surinder Mohini Bawa | Director | 07 Oct 2011 | 15 Years 0 Months | Current |
Peer comparison
Meyer Organics Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Blue Cross Laboratories Private Limited | ₹1,021.41 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Win-Medicare Private Limited | ₹1,012.12 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Umedica Laboratories Private Limited | ₹993.72 Cr (FY 2025) | 21.0% | Pardi, Gujarat, India | |||
| Franco-Indian Pharmaceuticals Private Limited | ₹988.53 Cr (FY 2024) | 0.0% | Mumbai, Maharashtra, India | |||
| Meyer Organics Private Limitedthis company | ₹984.18 Cr (FY 2025) | ₹85.4 Cr | 8.7% | 12.0% | 2,669 | Thane, Maharashtra, India |
| Biocon Pharma Limited | ₹982.5 Cr (FY 2025) | 11.0% | Bangalore, Karnataka, India | |||
| Orchid Pharma Limited | ₹949.4 Cr (FY 2025) | 12.0% | Chengalpattu, Tamil Nadu, India | |||
| Fresenius Kabi India Private Limited | ₹934 Cr (FY 2025) | 10.0% | Ranjangaon, Maharashtra, India | |||
| Lee Pharma Limited | ₹928.7 Cr (FY 2025) | 2.0% | Hyderabad, Telangana, India | |||
| Punjab Chemicals and Crop Protection Limited | ₹901.95 Cr (FY 2025) | -4.0% | Derabassi, Punjab, India |
To see the full peer comparison of Meyer Organics Private Limited, buy the company report.
Auditor
Meyer Organics Private Limited is audited by Suresh Surana & Associates LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh Surana & Associates LLP | FY 2024 | 121750W/W100010 |
Shareholding
The shareholding of Meyer Organics Private 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 Meyer Organics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Mar 2003 | 90144378 | Citi Bank N.A. | ₹70.15 Cr | Open | |
| 13 Oct 2014 | 10527667 | Citi Bank N.A. | ₹30 Lakh | Satisfied | |
| 18 Jul 2014 | 10512895 | Citi Bank N.A. | ₹20 Lakh | Satisfied | |
| 12 Sep 2007 | 10068376 | Citi Bank N.A. | ₹2 Cr | Satisfied | |
| 06 Aug 2007 | 10068380 | Citi Bank N.A. | ₹2 Cr | Satisfied |
To see the full charge records of Meyer Organics Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Meyer Organics Private Limited has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹35 Lakh; the latest was in March 2019.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2018 | Secondary share transfer | Undisclosed | Seller: Omega Meyer Limited |
| Oct 2014 | Secondary share transfer | Undisclosed | Buyer: Omega Meyer Limited Seller: an individual |
| Aug 2013 | Funding round | ₹35 Lakh | Investors: 4 individuals |
| Jul 2011 | Secondary share transfer | Undisclosed | Seller: an individual |
To see the full deal history of Meyer Organics Private 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
Meyer Organics Private Limited has 116 court cases on record: 73 filed by Meyer Organics, 43 filed against it. 43 cases are pending and 73 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 79 | 19 | 29 |
| High courts | 28 | 15 | 8 |
| NCLAT | 6 | 6 | 6 |
| Supreme Court | 3 | 3 | 0 |
Cases on record (5 of 116)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against B P Agarwalla and Sons Ltd | Pending |
| Bombay High Court | Writ petition | Filed by the company against B P Agarwalla and Sons Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by B. P. Agarwalla and Sons Ltd. | Pending |
| Bombay High Court | Court case (NMCD) | Filed against the company by B. P. Agarwalla and Sons Ltd. | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Intas Pharmaceuticals Limited & Ors and 3 others | Pending |
To see the full case history of Meyer Organics 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
Meyer Organics Private Limited has 21 MSME Form 1 returns on record between 2014 and 2023, listing 4,801 overdue payments to 411 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 411)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Canton Laboratories Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Bajaj Healthcare Limited | |||
| BBM Packaging Private Limited |
To see the full MSME payment records of Meyer Organics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Meyer Organics has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
Employees & EPFO
Meyer Organics Private Limited has a workforce of 2,669 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Meyer Organics has 28 GST registrations: 22 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM9346B1ZK | Maharashtra | Active | 01 Jul 2017 |
| 27AABCM9346B2ZJ | Maharashtra | Active | 18 Aug 2017 |
| 03AABCM9346B1ZU | Punjab | Active | 01 Jul 2017 |
| 05AABCM9346B1ZQ | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Meyer Organics Private Limited, buy the company report.
Recent activity
Meyer Organics Private Limited has 12 board changes on record since 2006: 4 appointments and 8 cessations. The latest: Suruchi Vivek Athavale ceased to be Additional Director on 30 Dec 2020.
41 earlier events are in the company report.
Frequently asked questions
Meyer Organics is an active private limited company based in Thane, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 07 February 1981 (45+ years old) and is registered under CIN U24239MH1981PTC023845.
Meyer Organics has 4 current directors:
- Rajesh Balkrishna Tawade - Director
- Suruchi Vivek Athavale - Director
- Uma Paul Kalekar - Director
- Surinder Mohini Bawa - Director
The latest financial statements of Meyer Organics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Meyer Organics is 27AABCM9346B1ZK, registered in Maharashtra. The company has 28 GST registrations in all, of which 22 are active and 6 are cancelled or inactive. Other active GSTINs include 27AABCM9346B2ZJ (Maharashtra), 03AABCM9346B1ZU (Punjab), 05AABCM9346B1ZQ (Uttarakhand).
The CIN (Corporate Identification Number) of Meyer Organics is U24239MH1981PTC023845. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meyer Organics has 116 court cases on record: 73 filed by the company and 43 filed against it. 43 are pending. Most are in the district courts.
Meyer Organics was incorporated on 07 February 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
Meyer Organics has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹35 Lakh; the latest was in March 2019.
The peers of Meyer Organics by revenue are Blue Cross Laboratories Private Limited, Win-Medicare Private Limited, Umedica Laboratories Private Limited, Franco-Indian Pharmaceuticals Private Limited, Biocon Pharma Limited and 4 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Suruchi Vivek Athavale ceased to be Additional Director on 30 Dec 2020. Suruchi Vivek Athavale was appointed as Director on 28 Apr 2020. Pushpa Kalsey ceased to be Director on 10 Jul 2019. Meyer Organics has 12 board changes on record in total.
Meyer Organics has 21 MSME Form 1 returns on record between 2014 and 2023, listing 4,801 overdue payments to 411 micro and small suppliers. The latest return was filed on 03 Jan 2024.
Meyer Organics can be reached through the website meyer.co.in. Its registered office is in Thane, Maharashtra, India.