About Meyer Organics Private Limited
Data last updated:
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 110 cases involving the company, including 73 filed by the company and 26 filed against it; 41 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 10 peer companies in the Pharma industry (Formulations) are compared by revenue, 5 larger and 5 smaller; the largest is Boehringer Ingelheim India Private Limited with revenue of ₹1,049.1 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.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA – 177 Road No 16 (Z) Wagle Industrial Estate, Thane, Maharashtra, India – 400604
- IndustryPharma, Drug Formulation & Development
- 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
- One PDF report, delivered after checkout
Business Activity of Meyer Organics Private Limited
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 | 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 | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Meyer Organics Private Limited FY 2025 filings available
Meyer Organics Private Limited reported revenue of ₹984.18 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Meyer Organics Private Limited
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 of Meyer Organics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹166.62 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹85.4 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 Meyer Organics Private Limited
| 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% | •••• | •••• | •••• | •••• |
| 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 Meyer Organics are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Meyer Organics Private Limited
Meyer Organics Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Boehringer Ingelheim India Private Limited | ₹1,049.1 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| 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 Limited this company | ₹984.18 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Thane, Maharashtra, India |
| Biocon Pharma Limited | ₹982.5 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Bangalore, Karnataka, India |
| Orchid Pharma Limited Listed | ₹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 Listed | ₹901.95 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Derabassi, Punjab, India |
Peers are the five companies nearest above and the five nearest below Meyer Organics by revenue in the Pharma industry (Formulations), 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 Meyer Organics Private Limited
Meyer Organics Private Limited is audited by Suresh Surana & Associates LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Suresh Surana & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
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 5 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 2 Months | Current |
| Surinder Mohini Bawa | Director | 07 Oct 2011 | 15 Years 0 Months | Current |
Ownership and Shareholding of Meyer Organics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Meyer Organics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Mar 2003 | Citi Bank N.A. | ₹70.15 Cr | Open |
| 13 Oct 2014 | Citi Bank N.A. | ₹30 Lakh | Satisfied |
| 18 Jul 2014 | Citi Bank N.A. | ₹20 Lakh | Satisfied |
| 12 Sep 2007 | Citi Bank N.A. | ₹2 Cr | Satisfied |
| 06 Aug 2007 | Citi Bank N.A. | ₹2 Cr | Satisfied |
Total charge records: 16 View all charges
Deals & Funding of Meyer Organics Private Limited
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 |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Meyer Organics Private Limited
Meyer Organics Private Limited has 110 court cases on record: 73 filed by Meyer Organics, 26 filed against it, 11 where it is another party. 41 cases are pending and 69 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 78 | 15 | 29 |
| High courts | 28 | 7 | 8 |
| NCLAT | 4 | 4 | 4 |
Cases on record (5 of 110)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Lucknow, Uttar Pradesh | Criminal miscellaneous application | Filed against the company by Strat Sure Associates Private Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against B P Agarwalla & Sons Ltd | Pending |
| Bombay High Court | Writ petition | Filed by the company against B P Agarwalla & Sons Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by B P Agarwalla & Sons Ltd | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against Strat Sure Associates Private Limited | Pending |
Full case history
All 110 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Meyer Organics Private Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 21 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Meyer Organics Private Limited
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 |
Employees and EPFO Compliance at Meyer Organics Private Limited
Meyer Organics Private Limited has a workforce of 2,669 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Meyer Organics Private Limited
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.
News related to Meyer Organics Private Limited
Recent Activity on Meyer Organics Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Meyer Organics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Meyer Organics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Meyer Organics Private Limited
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 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Meyer Organics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Meyer Organics Private Limited
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 reported revenue of ₹984.18 Cr for FY 2025 (up 12% YoY).
Meyer Organics has 4 current directors:
- Rajesh Balkrishna Tawade - Director
- Suruchi Vivek Athavale - Director
- Uma Paul Kalekar - Director
- Surinder Mohini Bawa - Director
Meyer Organics reported a net profit of ₹85.4 Cr (net margin 8.7%) and EBITDA of ₹166.62 Cr (EBITDA margin 16.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Meyer Organics is 1% over three years. In the latest year (FY 2025) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
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 110 court cases on record: 73 filed by the company and 26 filed against it. 41 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 Boehringer Ingelheim India Private Limited, Blue Cross Laboratories Private Limited, Win-Medicare Private Limited, Umedica Laboratories Private Limited, Franco-Indian Pharmaceuticals Private Limited and 5 more, all in the Pharma industry (Formulations).
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.