MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0044520
Milton Lifecare Private Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹130.32 Cr
▲ 37% YoY
Net profit · FY 2024
₹1.16 Cr
Net margin 0.9%
EBITDA · FY 2024
₹4.52 Cr
EBITDA margin 3.5%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹45.29 Cr
Satisfied ₹30 Lakh
Company age
20 yrs
Est. 2006
Directors on board
4
As per MCA filings
About Milton Lifecare Private Limited
Data last updated:
Milton Lifecare Private Limited 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 07 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH2006PTC160312. Its GSTIN is 27AAFCM2670J1ZA (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Hitesh Bhupendra Shah and Harshil Hitesh Shah.
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 19 & 20 Floor – 1st Floor Plot – 18/19 2 Maker Bhavan, Vitthaldas Thackarsey Marg New Marine Lines Churchgate Mumbai 400020, Maharashtra, India – 400020.
As per the financials filed for FY 2024, the company reported a revenue of ₹130.32 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹1.16 Cr (net margin 0.9%) and EBITDA of ₹4.52 Cr (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹45.29 Cr and satisfied charges of ₹30 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
Milton Lifecare Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0044520). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website milton-life-care-pvt-ltd.business.site.
Company details
CIN U24230MH2006PTC160312
Registration Number 160312
Incorporation Date 07 March 2006
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
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0044520
Recognitions & Rankings of Milton Lifecare
Contact details
Milton Lifecare Private Limited's registered office is in Mumbai, Maharashtra. Its website is milton-life-care-pvt-ltd.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address19 & 20 Floor – 1st Floor Plot – 18/19 2 Maker Bhavan, Vitthaldas Thackarsey Marg New Marine Lines Churchgate Mumbai 400020, Maharashtra, India – 400020
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Milton Lifecare Private Limited, buy the company report.
Comprehensive company report
Milton Lifecare Private Limited - 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 Milton Lifecare is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Milton Lifecare Private Limited, buy the company report.
Financials of Milton Lifecare Private Limited
FY 2025 filings availableMilton Lifecare Private Limited reported revenue of ₹130.32 Cr (up 37% YoY) for FY 2024.
Revenue · FY 2024
₹130.32 Cr ▲ 37%
Net profit · FY 2024
₹1.16 Cr margin 0.9%
EBITDA · FY 2024
₹4.52 Cr margin 3.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 19%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▼ 6%
5 years · compounded
▼ 5%
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 37% growth in the latest year. EBITDA rose 35% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹4.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.16 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 Milton Lifecare Private Limited, buy the company report.
Board of directors of Milton Lifecare Private Limited
Milton Lifecare has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Bhupendra Shah Also directs: Milton Healthcare LLP, MLC Health Specialities LLP, Milsun Pharma Innovation LLP and 2 more | Director | 04 Apr 2009 | 17 Years 7 Months | Current |
| Harshil Hitesh Shah | Director | 11 Jun 2024 | 2 Years 4 Months | Current |
| Akshay Anil Jain | Director | 04 Apr 2009 | 17 Years 7 Months | Current |
| Anil Chhaganlal Jain | Director | 07 Mar 2006 | 20 Years 8 Months | Current |
Peer comparison
Milton Lifecare Private Limited is compared with the 8 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Surat Sales Pvt Ltd | ₹135.04 Cr (FY 2025) | 121.0% | Surat, Gujarat, India | |||
| Organon (India) Private Limited | ₹134.83 Cr (FY 2025) | 20.0% | Mumbai, Maharashtra, India | |||
| R.S. Surgipharm Private Limited | ₹134.47 Cr (FY 2025) | 32.0% | Gujarat, India | |||
| Shivanitin Agencies Private Limited | ₹132.83 Cr (FY 2025) | 50.0% | Dehradun, Uttarakhand, India | |||
| Signova Pharma Private Limited | ₹130.91 Cr (FY 2025) | 0.0% | Guwahati, Assam, India | |||
| Milton Lifecare Private Limitedthis company | ₹130.32 Cr (FY 2024) | ₹1.16 Cr | 0.9% | 37.0% | Mumbai, Maharashtra, India | |
| Oceanic Techno Chem Private Limited | ₹128.85 Cr (FY 2025) | 57.0% | Mumbai, Maharashtra, India | |||
| Vasavi Medicare Solutions Private Limited | ₹128.66 Cr (FY 2025) | 20.0% | Coimbatore, Tamil Nadu, India | |||
| Aiocd Pharma Limited | ₹127.15 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Milton Lifecare Private Limited, buy the company report.
Auditor
Milton Lifecare Private Limited is audited by JAIN & SANCHETI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN & SANCHETI | FY 2023 | 113786W |
Shareholding
The shareholding of Milton Lifecare Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Milton Lifecare Private Limited, buy the company report.
Charges & borrowings
Open charges
₹45.29 Cr
Satisfied charges
₹30 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2024 | 100945729 | Others | ₹20.5 Cr | Open | |
| 16 Dec 2022 | 100653462 | Others | ₹7 Cr | Open | |
| 13 Oct 2011 | 10311025 | Hdfc Bank Limited | ₹17.79 Cr | Open | |
| 27 Jul 2010 | 10238131 | Ing Vysya Bank Limited | ₹30 Lakh | Satisfied |
To see the full charge records of Milton Lifecare Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Milton Lifecare Private Limited has 1 court case on record: 1 filed by Milton Lifecare. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Goods and Services Tax Network and 4 others | Disposed |
To see the full case history of Milton Lifecare 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
Milton Lifecare Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 40 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Milton Genext LLP | |||
| Milton Healthcare LLP | |||
| Milton Generic Private Limited | |||
| MLC Health Specialities LLP | |||
| Milton Pharma LLP |
To see the full MSME payment records of Milton Lifecare Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Milton Lifecare has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM2670J1ZA | Maharashtra | Active | 01 Jul 2017 |
| 04AAFCM2670J1ZI | Chandigarh | Active | 17 Feb 2023 |
| 24AAFCM2670J1ZG | Gujarat | Active | 03 May 2023 |
| 09AAFCM2670J1Z8 | Uttar Pradesh | Active | 30 May 2023 |
To see the full GST registrations and return filing status of Milton Lifecare Private Limited, buy the company report.
Recent activity
Milton Lifecare Private Limited has 7 board changes on record since 2006: 4 appointments and 3 cessations. The latest: Harshil Hitesh Shah ceased to be Additional Director on 29 Sep 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 1,778.88 Lakh registered on 13 Oct 2011 with Charge ID 10311025 was modified on 25 Nov 2025.
AGM
Milton Lifecare Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Milton Lifecare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 2,050.00 Lakh registered on 30 Jun 2024 with Charge ID 100945729 was modified on 18 Nov 2024.
Ceased
Harshil Hitesh Shah ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 2,050.00 Lakh with Charge ID 100945729 was registered on 30 Jun 2024.
Appointed
Harshil Hitesh Shah was appointed as Director.
Charges
A charge with Others amounted to Rs. 700.00 Lakh with Charge ID 100653462 was registered on 16 Dec 2022.
Charges
A charge registered on 27 Jul 2010 via Charge ID 10238131 with Ing Vysya Bank Limited was fully satisfied on 11 Nov 2011.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,778.88 Lakh with Charge ID 10311025 was registered on 13 Oct 2011.
Ceased
Dilip Shantilal Jain ceased to be Director.
Ceased
Shantilal Bhikamchand Jain ceased to be Director.
5 earlier events are in the company report.
Frequently asked questions
Milton Lifecare 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 07 March 2006 (20+ years old) and is registered under CIN U24230MH2006PTC160312.
Milton Lifecare has 4 current directors:
- Hitesh Bhupendra Shah - Director
- Harshil Hitesh Shah - Director
- Akshay Anil Jain - Director
- Anil Chhaganlal Jain - Director
The latest financial statements of Milton Lifecare 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 Milton Lifecare is 27AAFCM2670J1ZA, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 04AAFCM2670J1ZI (Chandigarh), 24AAFCM2670J1ZG (Gujarat), 09AAFCM2670J1Z8 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Milton Lifecare is U24230MH2006PTC160312. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milton Lifecare has 1 court case on record: 1 filed by the company.
Milton Lifecare was incorporated on 07 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Milton Lifecare by revenue are Surat Sales Pvt Ltd, Organon (India) Private Limited, R.S. Surgipharm Private Limited, Shivanitin Agencies Private Limited, Signova Pharma Private Limited and 3 more, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Harshil Hitesh Shah ceased to be Additional Director on 29 Sep 2024. Harshil Hitesh Shah was appointed as Director on 11 Jun 2024. Dilip Shantilal Jain ceased to be Director on 11 Apr 2011. Milton Lifecare has 7 board changes on record in total.
Yes, Milton Lifecare is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0044520).
Milton Lifecare has 11 MSME Form 1 returns on record between 2019 and 2023, listing 40 overdue payments to 10 micro and small suppliers. The latest return was filed on 21 Oct 2023.
Milton Lifecare can be reached through the website milton-life-care-pvt-ltd.business.site. Its registered office is in Mumbai, Maharashtra, India.
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