About MRHM Pharma Private Limited
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MRHM Pharma Private Limited is a private limited company based in Bangalore North, Karnataka, India, recognised as a startup by DPIIT. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 04 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24233KA2014PTC076199. Its GSTIN is 29AAJCM4073H1Z6 (Karnataka).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.21 Cr. It is led by directors Mahabala Karpikar Shetty and Rathan Kumar Shetty.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore North, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.46 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.16 Cr (net margin 4.7%) and EBITDA of ₹1.64 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.
The company is associated with 1 brand: MRHM Pharma.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mrhmpharma.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.54 2nd Floor 2nd Main Rd, Aramane Nagar Vyalikaval Bengaluru, Bangalore North, Karnataka, India – 560003
- 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 MRHM Pharma Private Limited
The main business activity of MRHM Pharma 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 MRHM Pharma Private Limited FY 2024 filings available
MRHM Pharma Private Limited reported revenue of ₹24.46 Cr (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of MRHM Pharma Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 10% growth in the latest year. EBITDA rose 2% 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 MRHM Pharma Private Limited
| 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 | ₹1.64 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 of MRHM Pharma Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.7% | •••• | •••• | •••• | •••• |
| 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 MRHM Pharma 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 MRHM Pharma Private Limited
MRHM Pharma 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 |
|---|---|---|---|---|---|---|
| Vats Biotech Private Limited | ₹24.62 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Jamshedpur, Jharkhand, India |
| Saviour Wellness Private Limited | ₹24.62 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Pharlink Labs Private Limited | ₹24.56 Cr (FY 2024) | •••• | •••• | 111.0% | •••• | Chennai, Tamil Nadu, India |
| Remidex Pharma Private Limited | ₹24.56 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Bengaluru, Karnataka, India |
| Carewell Steuart Pharma Private Limited | ₹24.5 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Tiruvallur, Tamil Nadu, India |
| MRHM Pharma Private Limited this company | ₹24.46 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Bangalore North, Karnataka, India |
| Sunberg Life Sciences Private Limited | ₹24.43 Cr (FY 2025) | •••• | •••• | 92.0% | •••• | Chennai, Tamil Nadu, India |
| Axon Drugs Private Limited | ₹24.4 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Chennai, Tamil Nadu, India |
| Osaka Pharmaceuticals Private Limited | ₹24.38 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Vadodara, Gujarat, India |
| Kemecos India Pvt Ltd | ₹24.35 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Kolkata, West Bengal, India |
| Aeon Formulations Private Limited | ₹24.33 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below MRHM Pharma 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 MRHM Pharma Private Limited
MRHM Pharma Private Limited is audited by Naik Kotrappa & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Naik Kotrappa & Associates | 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 MRHM Pharma Private Limited
MRHM Pharma has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahabala Karpikar Shetty | Director | 04 Sep 2014 | 12 Years 1 Months | Current |
| Rathan Kumar Shetty | Director | 04 Sep 2014 | 12 Years 1 Months | Current |
Ownership and Shareholding of MRHM Pharma 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 MRHM Pharma Private Limited
MRHM Pharma Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with MRHM Pharma Private Limited
MRHM Pharma operates one associated brand: MRHM Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Dermatological product development and distribution are focused on by MRHM Pharma in India. | mrhmpharma.com |
Employees and EPFO Compliance at MRHM Pharma Private Limited
Employment history and EPFO contributions of people linked to MRHM Pharma.
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.
Recent Activity on MRHM Pharma Private Limited
MRHM Pharma Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Mahabala Karpikar Shetty was appointed as Director on 04 Sep 2014.
Credit Ratings, Litigation & Regulatory Alerts for MRHM Pharma 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.
MSME Payment Delays by MRHM Pharma Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of MRHM Pharma 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 MRHM Pharma Private Limited
MRHM Pharma has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCM4073H1Z6 | Karnataka | 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 MRHM Pharma 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 MRHM Pharma Private Limited
MRHM Pharma is an active private limited company based in Bangalore North, Karnataka, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 04 September 2014 (12+ years old) and is registered under CIN U24233KA2014PTC076199.
MRHM Pharma reported revenue of ₹24.46 Cr for FY 2024 (up 10% YoY).
MRHM Pharma has 2 current directors:
- Mahabala Karpikar Shetty - Director
- Rathan Kumar Shetty - Director
MRHM Pharma reported a net profit of ₹1.16 Cr (net margin 4.7%) and EBITDA of ₹1.64 Cr (EBITDA margin 6.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MRHM Pharma is 12% over three years and 9% over five years. In the latest year (FY 2024) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of MRHM Pharma is 29AAJCM4073H1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of MRHM Pharma is U24233KA2014PTC076199. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MRHM Pharma was incorporated on 04 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of MRHM Pharma by revenue are Vats Biotech Private Limited, Saviour Wellness Private Limited, Pharlink Labs Private Limited, Remidex Pharma Private Limited, Carewell Steuart Pharma Private Limited and 5 more, all in the Pharma industry (Formulations).
Mahabala Karpikar Shetty was appointed as Director on 04 Sep 2014. Rathan Kumar Shetty was appointed as Director on 04 Sep 2014.
Yes, MRHM Pharma is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).