MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-17-0023709
Mancare Pharmaceuticals Private Limited
Mancare Pharmaceuticals Private Limited - pharma in Vasai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹34.15 Cr
▼ 1% YoY
Net profit · FY 2025
₹1.92 Cr
Net margin 5.6%
EBITDA · FY 2025
₹3.79 Cr
EBITDA margin 11.1%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹9 Lakh
Issued & subscribed
Open charges
₹9.95 Cr
Secured borrowings
Company age
30 yrs
Est. 1996
Employees · EPFO
8
Provident fund records
About Mancare Pharmaceuticals Private Limited
Data last updated:
Mancare Pharmaceuticals Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 09 August 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24239MH1996PTC101774. Its GSTIN is 27AACCM4296R1ZN (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors including Hasmukh Popatlal Shah and Kalpesh Popatlal 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 Plot No. 59 60 85 86 Vasai Municipal Industrial Estate, Dhowali Village Papdy, Maharashtra, India – 401207.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.15 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.92 Cr (net margin 5.6%) and EBITDA of ₹3.79 Cr (EBITDA margin 11.1%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 5% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.95 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it.
Mancare Pharmaceuticals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0023709). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24239MH1996PTC101774
Registration Number 101774
Incorporation Date 09 August 1996
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 Small
Udyam Registration UDYAM-MH-17-0023709
Key People
Hasmukh Popatlal Shah Director Kalpesh Popatlal Shah Director Sagar Hasmukh Shah Director Recognitions & Rankings of Mancare Pharmaceuticals
Contact details
Mancare Pharmaceuticals Private Limited's registered office is in Vasai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 59 60 85 86 Vasai Municipal Industrial Estate, Dhowali Village Papdy, Maharashtra, India – 401207
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Mancare Pharmaceuticals Private Limited, buy the company report.
Comprehensive company report
Mancare Pharmaceuticals 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Mancare Pharmaceuticals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Mancare Pharmaceuticals Private Limited, buy the company report.
Financials of Mancare Pharmaceuticals Private Limited
FY 2025 filings availableMancare Pharmaceuticals Private Limited reported revenue of ₹34.15 Cr (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹34.15 Cr ▼ 1%
Net profit · FY 2025
₹1.92 Cr margin 5.6%
EBITDA · FY 2025
₹3.79 Cr margin 11.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▼ 8%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 9%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 1% fall in the latest year. EBITDA fell 16% 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 | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.92 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.1% | ||||
| Net Profit Margin | 5.6% | ||||
| 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 Mancare Pharmaceuticals Private Limited, buy the company report.
Board of directors of Mancare Pharmaceuticals Private Limited
Mancare Pharmaceuticals has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hasmukh Popatlal Shah Also directs: Mumbai Shelter Project Jairajratan LLP, Vihani Properties LLP, Neminath Infracon LLP and 2 more | Director | 09 Aug 1996 | 30 Years 2 Months | Current |
| Kalpesh Popatlal Shah Also directs: Vihani Properties LLP | Director | 05 Dec 1996 | 29 Years 10 Months | Current |
| Sagar Hasmukh Shah Also directs: Vihani Properties LLP, Hivan Properties LLP | Director | 09 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Mancare Pharmaceuticals Private Limited is compared with the 5 companies closest to it by revenue in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Porus Agro Food Products Private Limited | ₹34.61 Cr (FY 2025) | 19.0% | Hyderabad, Telangana, India | |||
| Dinesh Remedies Limited | ₹34.29 Cr (FY 2025) | 1.0% | Padra, Gujarat, India | |||
| Mancare Pharmaceuticals Private Limitedthis company | ₹34.15 Cr (FY 2025) | ₹1.92 Cr | 5.6% | -1.0% | 8 | Vasai, Maharashtra, India |
| Anup Medical Services Private Limited | ₹34.05 Cr (FY 2025) | 13.0% | Anekal, Karnataka, India | |||
| Maps Laboratories Private Limited | ₹34.03 Cr (FY 2024) | -25.0% | Rajkot, Gujarat, India | |||
| Larson Pharma Private Limited | ₹33.93 Cr (FY 2025) | 23.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Mancare Pharmaceuticals Private Limited, buy the company report.
Auditor
Mancare Pharmaceuticals Private Limited is audited by RAO & SHYAM for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAO & SHYAM | FY 2023 | 006186S |
Shareholding
The shareholding of Mancare Pharmaceuticals 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mancare Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.95 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 May 2009 | 10164299 | Union Bank of India | ₹25 Lakh | Open | |
| 26 May 2009 | 10164308 | Union Bank of India | ₹9.35 Cr | Open | |
| 26 May 2009 | 10164309 | Union Bank of India | ₹35 Lakh | Open |
To see the full charge records of Mancare Pharmaceuticals Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Mancare Pharmaceuticals Private Limited has 5 court cases on record: 1 filed by Mancare Pharmaceuticals, 4 filed against it. All cases are disposed.
Total cases
5
Filed by the company
1
Filed against the company
4
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2406-Indirect Taxation : Goods and Services Tax, Integrated Goods and Services Tax, State Goods and Services Tax, UT Goods and Services Tax.) | Filed against the company by Union of India and 97 others | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by M/S NSF Pharma Pvt. Ltd. | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Union of India and 7 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by an individual | Disposed |
To see the full case history of Mancare 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 Mancare Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mancare Pharmaceuticals Private Limited has a workforce of 8 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
-27.27%
GST
Mancare Pharmaceuticals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM4296R1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mancare Pharmaceuticals Private Limited, buy the company report.
Recent activity
Mancare Pharmaceuticals Private Limited has 3 board changes on record since 1996: 3 appointments. The latest: Sagar Hasmukh Shah was appointed as Director on 09 May 2025.
AGM
Mancare Pharmaceuticals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Sagar Hasmukh Shah was appointed as Director.
Filing
Mancare Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Union Bank Of India of Rs. 935.00 Lakh registered on 26 May 2009 with Charge ID 10164308 was modified on 17 Apr 2014.
Charges
A charge with Union Bank Of India amounted to Rs. 25.00 Lakh with Charge ID 10164299 was registered on 26 May 2009.
Charges
A charge with Union Bank Of India amounted to Rs. 35.00 Lakh with Charge ID 10164309 was registered on 26 May 2009.
Charges
A charge with Union Bank Of India amounted to Rs. 935.00 Lakh with Charge ID 10164308 was registered on 26 May 2009.
Appointed
Kalpesh Popatlal Shah was appointed as Director.
Appointed
Hasmukh Popatlal Shah was appointed as Director.
Incorporation
09 Aug 1996
Mancare Pharmaceuticals Private Limited was registered on 09 Aug 1996 with Roc Mumbai Ii & aged 30 years 2 months as per MCA records.
Frequently asked questions
Mancare Pharmaceuticals is an active private limited company based in Vasai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 09 August 1996 (30+ years old) and is registered under CIN U24239MH1996PTC101774.
Mancare Pharmaceuticals has 3 current directors:
- Hasmukh Popatlal Shah - Director
- Kalpesh Popatlal Shah - Director
- Sagar Hasmukh Shah - Director
The latest financial statements of Mancare Pharmaceuticals 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 Mancare Pharmaceuticals is 27AACCM4296R1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mancare Pharmaceuticals is U24239MH1996PTC101774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mancare Pharmaceuticals has 5 court cases on record: 1 filed by the company and 4 filed against it. Most are in the district courts.
Mancare Pharmaceuticals was incorporated on 09 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mancare Pharmaceuticals by revenue are Porus Agro Food Products Private Limited, Dinesh Remedies Limited, Anup Medical Services Private Limited, Maps Laboratories Private Limited, Larson Pharma Private Limited, all in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Sagar Hasmukh Shah was appointed as Director on 09 May 2025. Kalpesh Popatlal Shah was appointed as Director on 05 Dec 1996. Hasmukh Popatlal Shah was appointed as Director on 09 Aug 1996.
Yes, Mancare Pharmaceuticals is registered as a small enterprise under Udyam registration (number: UDYAM-MH-17-0023709).
The registered office of Mancare Pharmaceuticals is at Plot No. 59 60 85 86 Vasai Municipal Industrial Estate, Dhowali Village Papdy, Maharashtra, India – 401207.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages