- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0040272

About Morsef Pharmaceuticals Private Limited
Data last updated:
Morsef Pharmaceuticals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 04 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1999PTC120206. Its GSTIN is 27AACCM4331K1ZH (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Cibien International Private Limited. It is led by directors including Atul Vasudeo Bhopale and Shilpa H Bhatt.
Its last annual general meeting (AGM) was held on 02 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 401 Bhaveshwar Complexopp Vidyavihar Railway Station, Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.18 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹20.94 Lakh (net margin 5%) and EBITDA of ₹27.85 Lakh (EBITDA margin 6.7%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹70 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it.
Morsef Pharmaceuticals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0040272). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website morsef.com.
Company details
Recognitions & Rankings of Morsef Pharmaceuticals
Contact details
Morsef Pharmaceuticals Private Limited's registered office is in Mumbai, Maharashtra. Its website is morsef.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address401 Bhaveshwar Complexopp Vidyavihar Railway Station, Mumbai, Maharashtra, India – 400086
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Morsef Pharmaceuticals 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
Business activity
The main business activity of Morsef Pharmaceuticals 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 Morsef Pharmaceuticals Private Limited, buy the company report.
Financials of Morsef Pharmaceuticals Private Limited
FY 2025 filings availableMorsef Pharmaceuticals Private Limited reported revenue of ₹4.18 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 7% fall in the latest year. EBITDA rose 193% 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 | ₹27.85 Lakh | ||||
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| Net Profit (PAT) | ₹20.94 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 5% | ||||
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To see the full financial statements and ratios of Morsef Pharmaceuticals Private Limited, buy the company report.
Board of directors of Morsef Pharmaceuticals Private Limited
Morsef Pharmaceuticals has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Vasudeo Bhopale Also directs: Wescan Solutions LLP, Cibien Drugs and Pharmaceuticals Pvt Ltd | Director | 29 May 2024 | 2 Years 4 Months | Current |
| Shilpa H Bhatt | Director | 27 Jun 2012 | 14 Years 4 Months | Current |
| Himanshu Rajnikant Bhatt | Manager | 04 Jun 1999 | 27 Years 4 Months | Current |
Peer comparison
Morsef Pharmaceuticals Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution, Pharmaceuticals), 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 |
|---|---|---|---|---|---|---|
| KPS Tronics India Private Limited | ₹4.19 Cr (FY 2025) | -38.0% | Navi Mumbai, Maharashtra, India | |||
| Eprint Machinery Private Limited | ₹4.19 Cr (FY 2024) | 74.0% | Chennai, Tamil Nadu, India | |||
| Morsef Pharmaceuticals Private Limitedthis company | ₹4.18 Cr (FY 2025) | ₹20.94 Lakh | 5% | -7.0% | Mumbai, Maharashtra, India | |
| Fab Pharmaceuticals Private Limited | ₹4.18 Cr (FY 2025) | -29.0% | Bangalore, Karnataka, India | |||
| Sova Stores & Spares Private Limited | ₹4.18 Cr (FY 2023) | -1.0% | Kolkata, West Bengal, India | |||
| Rayzon Technology Private Limited | ₹4.18 Cr (FY 2024) | -37.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Morsef Pharmaceuticals Private Limited, buy the company report.
Auditor
Morsef Pharmaceuticals Private Limited is audited by B H BHATT & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B H BHATT & ASSOCIATES | FY 2020 | 101327W |
Shareholding
The shareholding of Morsef Pharmaceuticals Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Morsef Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Feb 2021 | 100421582 | Others | ₹70 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Morsef Pharmaceuticals Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (1 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Ethypharm II Pvt Ltd and 2 others | Disposed |
To see the full case history of Morsef Pharmaceuticals 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
No delayed payments to MSME suppliers are on our record for Morsef Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Morsef Pharmaceuticals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM4331K1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Morsef Pharmaceuticals Private Limited, buy the company report.
Recent activity
Morsef Pharmaceuticals Private Limited has 5 board changes on record since 1999: 3 appointments and 2 cessations. The latest: Atul Vasudeo Bhopale was appointed as Director on 29 May 2024.
Frequently asked questions
Morsef Pharmaceuticals is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 04 June 1999 (27+ years old) and is registered under CIN U51900MH1999PTC120206.
Morsef Pharmaceuticals has 3 current directors:
- Atul Vasudeo Bhopale - Director
- Shilpa H Bhatt - Director
- Himanshu Rajnikant Bhatt - Manager
The latest financial statements of Morsef Pharmaceuticals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Morsef Pharmaceuticals is 27AACCM4331K1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Morsef Pharmaceuticals is U51900MH1999PTC120206. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Morsef Pharmaceuticals has 3 court cases on record: 3 filed against it.
Morsef Pharmaceuticals was incorporated on 04 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Morsef Pharmaceuticals by revenue are KPS Tronics India Private Limited, Eprint Machinery Private Limited, Fab Pharmaceuticals Private Limited, Sova Stores & Spares Private Limited, Rayzon Technology Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution, Pharmaceuticals), with the same principal business activity (wholesale trading).
Atul Vasudeo Bhopale was appointed as Director on 29 May 2024. Nandlal Mohanlal Narang ceased to be Additional Director on 21 Aug 2017. Shilpa H Bhatt was appointed as Director on 27 Jun 2012. Morsef Pharmaceuticals has 5 board changes on record in total.
Yes, Morsef Pharmaceuticals is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0040272).
Morsef Pharmaceuticals can be reached through the website morsef.com. Its registered office is in Mumbai, Maharashtra, India.