MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-14-0000837
Macin Remedies India Limited - pharma in Moga, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹23.02 Cr
▲ 5% YoY
Net profit · FY 2025
₹57.6 Lakh
Net margin 2.5%
EBITDA · FY 2025
₹3.15 Cr
EBITDA margin 13.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹16.66 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Directors on board
4
As per MCA filings
About Macin Remedies India Limited
Data last updated:
Macin Remedies India Limited is a public limited company based in Moga, Punjab, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 07 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24232PB2012PLC036218. Its GSTIN is 03AAHCM9351L1Z6 (Punjab).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Macin Remedies Private Limited and Macin Remedies India Private Limited. It is led by directors including Avtar Singh Saggu and Baljeet Kaur.
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 Money Multivision Ishwar Chowk Majestic Road, Moga, Punjab, India – 142001.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.02 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹57.6 Lakh (net margin 2.5%) and EBITDA of ₹3.15 Cr (EBITDA margin 13.7%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 23% over five years.
The company is associated with 1 brand: Macin Remedies India. As per MCA filings, the company has open charges of ₹16.66 Cr on record. Court records list 43 cases involving the company, including 11 filed by the company and 32 filed against it; 20 cases are pending.
Macin Remedies India Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-14-0000837). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website macinremedies.tradeindia.com.
Company details
CIN U24232PB2012PLC036218
Registration Number 036218
Incorporation Date 07 May 2012
ROC Chandigarh
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 Small
Udyam Registration UDYAM-PB-14-0000837
Name history
Macin Remedies India has undergone 2 name changes throughout its history. The company was previously known as Macin Remedies Private Limited, and Macin Remedies India Private Limited. The current legal name is Macin Remedies India Limited.
| Company Name | Status |
|---|---|
| Macin Remedies India Limited | Current |
| Macin Remedies Private Limited | Previous |
| Macin Remedies India Private Limited | Previous |
CIN history
Macin Remedies India has one previous CIN (Corporate Identification Number): U24232PB2012PTC036218. The current CIN is U24232PB2012PLC036218, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24232PB2012PLC036218 | Current |
| U24232PB2012PTC036218 | Previous |
Recognitions & Rankings of Macin Remedies India
Contact details
Macin Remedies India Limited's registered office is in Moga, Punjab. Its website is macinremedies.tradeindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMoney Multivision Ishwar Chowk Majestic Road, Moga, Punjab, India – 142001
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Macin Remedies India Limited, buy the company report.
Comprehensive company report
Macin Remedies India 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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Secure checkout · GST invoice included
Brands
Macin Remedies India operates one associated brand: MACIN REMEDIES INDIA. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical manufacturer producing injectable products like vaccines and antibiotics. | macinremedies.in |
Business activity
The main business activity of Macin Remedies India 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 Macin Remedies India Limited, buy the company report.
Financials of Macin Remedies India Limited
FY 2025 filings availableMacin Remedies India Limited reported revenue of ₹23.02 Cr (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹23.02 Cr ▲ 5%
Net profit · FY 2025
₹57.6 Lakh margin 2.5%
EBITDA · FY 2025
₹3.15 Cr margin 13.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 19%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 36%
5 years · compounded
▲ 47%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 5% growth in the latest year. EBITDA rose 30% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹23.02 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹57.6 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.7% | ||||
| Net Profit Margin | 2.5% | ||||
| 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 Macin Remedies India Limited, buy the company report.
Board of directors of Macin Remedies India Limited
Macin Remedies India has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avtar Singh Saggu Also directs: Dr Mendeleev Research and Formulation Limited | Director | 28 Sep 2012 | 14 Years 0 Months | Current |
| Baljeet Kaur Also directs: Dr Mendeleev Research and Formulation Limited | Director | 07 May 2012 | 14 Years 5 Months | Current |
| Parveen Also directs: Dr Mendeleev Research and Formulation Limited | Director | 01 Mar 2021 | 5 Years 7 Months | Current |
| Pramod Kumar Singh | Director | 01 Feb 2023 | 3 Years 8 Months | Current |
Auditor
Macin Remedies India Limited is audited by GAJENDER SANDHU AND ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAJENDER SANDHU AND ASSOCIATES | FY 2024 | 552469 |
Shareholding
The shareholding of Macin Remedies India Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Macin Remedies India Limited, buy the company report.
Charges & borrowings
Open charges
₹16.66 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2025 | 101170010 | Hdfc Bank Limited | ₹65 Lakh | Open | |
| 16 Sep 2025 | 101158446 | Others | ₹4 Cr | Open | |
| 16 Sep 2025 | 101158894 | Others | ₹6.08 Cr | Open | |
| 28 Aug 2021 | 100505375 | Others | ₹5.53 Cr | Open | |
| 20 Mar 2017 | 100087481 | Others | ₹40 Lakh | Open |
To see the full charge records of Macin Remedies India Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Macin Remedies India Limited has 43 court cases on record: 11 filed by Macin Remedies India, 32 filed against it. 20 cases are pending and 23 are disposed.
Total cases
43
Filed by the company
11
Filed against the company
32
Pending
20
Disposed
23
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 27 | 14 |
| High courts | 9 | 3 | 6 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Moga, Punjab | Cheque dishonour complaint | Filed by the company against American Pharma Remedies LLP Ff-13 Pitampur Trade Center | Pending |
| High Court, MAHARASHTRA | Court case (COMIP) | Filed against the company by Ipca Laboratories Ltd | Disposed |
| District court, Sonepat, Haryana | Commercial suit | Filed against the company by Sterile India Pvt. Ltd. | Disposed |
| District court, Central, Delhi | Civil suit | Filed against the company by Ms. Albert David Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS) | Filed against the company by Ms P. K. Pharmatech Pvt. Ltd. | Disposed |
To see the full case history of Macin Remedies India 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 Macin Remedies India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Macin Remedies India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAHCM9351L1Z6 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Macin Remedies India Limited, buy the company report.
Recent activity
Macin Remedies India Limited has 6 board changes on record since 2012: 4 appointments and 2 cessations. The latest: Pramod Kumar Singh was appointed as Director on 01 Feb 2023.
AGM
Macin Remedies India Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 65.00 Lakh with Charge ID 101170010 was registered on 22 Sep 2025.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 101158446 was registered on 16 Sep 2025.
Charges
A charge with Others amounted to Rs. 608.29 Lakh with Charge ID 101158894 was registered on 16 Sep 2025.
Filing
Macin Remedies India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Others of Rs. 553.10 Lakh registered on 28 Aug 2021 with Charge ID 100505375 was modified on 24 Feb 2023.
Appointed
Pramod Kumar Singh was appointed as Director.
Charges
A charge with Others amounted to Rs. 553.10 Lakh with Charge ID 100505375 was registered on 28 Aug 2021.
Appointed
Parveen was appointed as Director.
Ceased
Surjeet Kaur ceased to be Director.
Charges
A charge with Others amounted to Rs. 40.00 Lakh with Charge ID 100087481 was registered on 20 Mar 2017.
Ceased
Avtar Singh Saggu ceased to be Additional Director.
3 earlier events are in the company report.
Frequently asked questions
Macin Remedies India is an active public limited company based in Moga, Punjab, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 07 May 2012 (14+ years old) and is registered under CIN U24232PB2012PLC036218.
Macin Remedies India has 4 current directors:
- Avtar Singh Saggu - Director
- Baljeet Kaur - Director
- Parveen - Director
- Pramod Kumar Singh - Director
The latest financial statements of Macin Remedies India 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 Macin Remedies India is 03AAHCM9351L1Z6, registered in Punjab.
The CIN (Corporate Identification Number) of Macin Remedies India is U24232PB2012PLC036218. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Macin Remedies India has 43 court cases on record: 11 filed by the company and 32 filed against it. 20 are pending. Most are in the district courts.
Macin Remedies India was incorporated on 07 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chandigarh.
Pramod Kumar Singh was appointed as Director on 01 Feb 2023. Parveen was appointed as Director on 01 Mar 2021. Surjeet Kaur ceased to be Director on 04 Feb 2021. Macin Remedies India has 6 board changes on record in total.
Yes, Macin Remedies India is registered as a small enterprise under Udyam registration (number: UDYAM-PB-14-0000837).
Macin Remedies India can be reached through the website macinremedies.tradeindia.com. Its registered office is in Moga, Punjab, India.