Mililab Pvt Ltd - pharma in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U85190MH1981PTC024841 Incorporated 23 July 1981 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company pharma
Data last updated
Revenue · FY 2025
₹62.6 Lakh
▼ 26% YoY
Net loss · FY 2025
₹48,440
Net margin -0.8%
EBITDA · FY 2025
₹3.22 Lakh
EBITDA margin 5.2%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹4.1 Lakh
Issued & subscribed
Open charges
₹17 Lakh
Secured borrowings
Company age
45 yrs
Est. 1981
Directors on board
2
As per MCA filings

About Mililab Pvt Ltd

Data last updated:

Mililab Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 23 July 1981 and has been in existence for over 45 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85190MH1981PTC024841. Its GSTIN is 27AACCM1696D1ZI (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.1 Lakh. It is led by directors Pinakin Bhalabhai Patel and Bhavesh Bhalabhai Patel.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 4 Blossom Panchsheel Enclave Mahavir Nagar Kandivali (W), Mumbai, Maharashtra, India – 400067.

As per the financials filed for FY 2025, the company reported a revenue of ₹62.6 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹48,440 (net margin -0.8%) and EBITDA of ₹3.22 Lakh (EBITDA margin 5.2%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 17% over five years.

As per MCA filings, the company has open charges of ₹17 Lakh on record. Court records list 4 cases involving the company, including 4 filed by the company.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U85190MH1981PTC024841
Registration Number 024841
Incorporation Date 23 July 1981
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Mililab Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    C – 4 Blossom Panchsheel Enclave Mahavir Nagar Kandivali (W), Mumbai, Maharashtra, India – 400067
  • Industry
    Pharma, Pharmaceutical Retailers & Distributors

To see the full contact details of Mililab Pvt Ltd, buy the company report.

Comprehensive company report
Mililab Pvt Ltd - one report that includes everything
  • 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
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Business activity

The main business activity of Mililab is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles45Wholesale and retail trade and repair of motor vehicles and motorcycles

To see the full business activity and turnover split of Mililab Pvt Ltd, buy the company report.

Financials of Mililab Pvt Ltd

FY 2025 filings available

Mililab Pvt Ltd reported revenue of ₹62.6 Lakh (down 26% YoY) for FY 2025.

Revenue · FY 2025
₹62.6 Lakh ▼ 26%
Net loss · FY 2025
₹48,440 margin -0.8%
EBITDA · FY 2025
₹3.22 Lakh margin 5.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▼ 13%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▼ 62%
3 years · compounded
▼ 19%
5 years · compounded
▼ 22%

Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 26% fall in the latest year. EBITDA fell 62% 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

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₹3.22 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹48,440
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.2%
Net Profit Margin-0.8%
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

To see the full financial statements and ratios of Mililab Pvt Ltd, buy the company report.

Board of directors of Mililab Pvt Ltd

Mililab has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pinakin Bhalabhai PatelDirector01 Jun 200521 Years 4 MonthsCurrent
Bhavesh Bhalabhai PatelDirector01 Oct 198739 Years 0 MonthsCurrent

Auditor

Mililab Pvt Ltd is audited by DHANRAJHIRALALSUTHAR for the financial year 2023.

Auditor firmFinancial yearFirm registration number
DHANRAJHIRALALSUTHARFY 2023128148

Shareholding

The shareholding of Mililab Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mililab Pvt Ltd, buy the company report.

Charges & borrowings

Open charges
₹17 Lakh
Satisfied charges
None
Breakdown by lending institutions
Bank of Baroda₹0.17 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Mar 199390219568Bank of Baroda₹12 LakhOpen
15 Apr 198590219368Bank of Baroda₹5 LakhOpen

To see the full charge records of Mililab Pvt Ltd, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mililab Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Mililab has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AACCM1696D1ZIMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Mililab Pvt Ltd, buy the company report.

Recent activity

Mililab Pvt Ltd has 3 board changes on record since 1987: 2 appointments and 1 cessation. The latest: Bhalabhai Motiram Patel ceased to be Managing Director on 20 Mar 2014.

AGM
Mililab Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mililab Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Bhalabhai Motiram Patel ceased to be Managing Director.
Appointed
Pinakin Bhalabhai Patel was appointed as Director.
Charges
A charge with Bank Of Baroda of Rs. 5.00 Lakh registered on 15 Apr 1985 with Charge ID 90219368 was modified on 16 Dec 1994.
Charges
A charge with Bank Of Baroda amounted to Rs. 12.00 Lakh with Charge ID 90219568 was registered on 16 Mar 1993.
Appointed
Bhavesh Bhalabhai Patel was appointed as Director.
Charges
A charge with Bank Of Baroda amounted to Rs. 5.00 Lakh with Charge ID 90219368 was registered on 15 Apr 1985.
Incorporation
23 Jul 1981
Mililab Pvt Ltd was registered on 23 Jul 1981 with Roc Mumbai & aged 45 years 3 months as per MCA records.

Frequently asked questions

Mililab is an active private limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 23 July 1981 (45+ years old) and is registered under CIN U85190MH1981PTC024841.

Mililab has 2 current directors:

The latest financial statements of Mililab on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Mililab is 27AACCM1696D1ZI, registered in Maharashtra.

The CIN (Corporate Identification Number) of Mililab is U85190MH1981PTC024841. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mililab has 4 court cases on record: 4 filed by the company.

Mililab was incorporated on 23 July 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.

Bhalabhai Motiram Patel ceased to be Managing Director on 20 Mar 2014. Pinakin Bhalabhai Patel was appointed as Director on 01 Jun 2005. Bhavesh Bhalabhai Patel was appointed as Director on 01 Oct 1987.

The registered office of Mililab is at C – 4 Blossom Panchsheel Enclave Mahavir Nagar Kandivali W, Mumbai, Maharashtra, India – 400067.

Mililab operates in the pharma industry, in the pharmaceutical retailers and distributors segment.