MSME (Udyam registered) Ministry of MSME
- Category
- Small (2020-21)
- Udyam number
- UDYAM-HP-11-0002135
Meridian Medicare Limited - pharma in Solan, Himachal Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹35.84 Cr
▲ 4% YoY
Net profit · FY 2025
₹2.12 Cr
Net margin 5.9%
EBITDA · FY 2025
₹3.24 Cr
EBITDA margin 9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹2.41 Cr
Satisfied ₹3.8 Cr
Company age
29 yrs
Est. 1997
Directors on board
3
As per MCA filings
About Meridian Medicare Limited
Data last updated:
Meridian Medicare Limited is a public limited company based in Solan, Himachal Pradesh, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 10 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U24231HP1997PLC020064. Its GSTIN is 02AADCM6130D2Z5 (Himachal Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Suresh Kumari Chaudhary (Whole-Time Director) and Madhu Gupta (Whole-Time Director).
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 Village Shamti Solan, Himachal Pradesh, India – 173212.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.84 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.12 Cr (net margin 5.9%) and EBITDA of ₹3.24 Cr (EBITDA margin 9%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹2.41 Cr and satisfied charges of ₹3.8 Cr on record. Court records list 105 cases involving the company, including 50 filed by the company and 55 filed against it; 25 cases are pending.
Meridian Medicare Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0002135). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meridianmedicareltd.com.
Company details
CIN U24231HP1997PLC020064
Registration Number 020064
Incorporation Date 10 June 1997
ROC Himachal Pradesh
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-HP-11-0002135
CIN history
Meridian Medicare has one previous CIN (Corporate Identification Number): L24231HP1997PLC020064. The current CIN is U24231HP1997PLC020064, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24231HP1997PLC020064 | Current |
| L24231HP1997PLC020064 | Previous |
Key People
Suresh Kumari Chaudhary Whole-Time Director Madhu Gupta Whole-Time Director Naveen Kumar Whole-Time Director Recognitions & Rankings of Meridian Medicare
Contact details
Meridian Medicare Limited's registered office is in Solan, Himachal Pradesh. Its website is meridianmedicareltd.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressVillage Shamti Solan, Himachal Pradesh, India – 173212
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Meridian Medicare Limited, buy the company report.
Comprehensive company report
Meridian Medicare 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 Meridian Medicare 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 Meridian Medicare Limited, buy the company report.
Financials of Meridian Medicare Limited
FY 2025 filings availableMeridian Medicare Limited reported revenue of ₹35.84 Cr (up 4% YoY) for FY 2025.
Revenue · FY 2025
₹35.84 Cr ▲ 4%
Net profit · FY 2025
₹2.12 Cr margin 5.9%
EBITDA · FY 2025
₹3.24 Cr margin 9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▼ 2%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 3%
5 years · compounded
▼ 5%
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 17% 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 | ₹3.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.12 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9% | ||||
| Net Profit Margin | 5.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Meridian Medicare Limited, buy the company report.
Board of directors of Meridian Medicare Limited
Meridian Medicare has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Kumari Chaudhary Also directs: Kay Pee Bee Enterprises Private Limited | Whole-Time Director | 09 Dec 2002 | 23 Years 10 Months | Current |
| Madhu Gupta | Whole-Time Director | 10 Jun 1997 | 29 Years 4 Months | Current |
| Naveen Kumar | Whole-Time Director | 30 Sep 2023 | 3 Years 0 Months | Current |
Peer comparison
Meridian Medicare Limited is compared with the 6 companies closest to it by revenue in the Pharma industry (Formulations), 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 |
|---|---|---|---|---|---|---|
| Prim Drugs & Pharmaceuticals (India) Private Limited | ₹35.97 Cr (FY 2024) | 62.0% | Sriperumbudur, Tamil Nadu, India | |||
| Challa Chlorides Pvt Ltd | ₹35.87 Cr (FY 2024) | 58.0% | Panjagutta, Hyderabad, Telangana, India | |||
| Salas Pharmaceuticals Private Limited | ₹35.84 Cr (FY 2024) | 13.0% | Patna, Bihar, India | |||
| Meridian Medicare Limitedthis company | ₹35.84 Cr (FY 2025) | ₹2.12 Cr | 5.9% | 4.0% | Solan, Himachal Pradesh, India | |
| Radicura Pharmaceuticals Private Limited | ₹35.79 Cr (FY 2025) | -5.0% | New Delhi, Delhi, India | |||
| Osmed Formulations Private Limited | ₹35.54 Cr (FY 2025) | 61.0% | Ujjain, Madhya Pradesh, India | |||
| Agrawal Drugs Private Limited | ₹35.54 Cr (FY 2024) | 1.0% | Delhi, India |
To see the full peer comparison of Meridian Medicare Limited, buy the company report.
Auditor
Meridian Medicare Limited is audited by Mohinder Daleep & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mohinder Daleep & Co | FY 2023 | 015266N |
Shareholding
The shareholding of Meridian Medicare 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 Meridian Medicare Limited, buy the company report.
Charges & borrowings
Open charges
₹2.41 Cr
Satisfied charges
₹3.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2018 | 100185673 | The Jammu and Kashmir Bank Limited | ₹31.5 Lakh | Open | |
| 23 Mar 2007 | 10043702 | Director of Industries | ₹9.72 Lakh | Open | |
| 17 Apr 2003 | 80054319 | The Baghat Urban Co-Op. Bank Ltd | ₹2 Cr | Open | |
| 16 Mar 2021 | 100434022 | Others | ₹2.25 Cr | Satisfied | |
| 02 Nov 2010 | 10250557 | Bank of India | ₹95 Lakh | Satisfied |
To see the full charge records of Meridian Medicare Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Meridian Medicare Limited has 105 court cases on record: 50 filed by Meridian Medicare, 55 filed against it. 25 cases are pending and 80 are disposed.
Total cases
105
Filed by the company
50
Filed against the company
55
Pending
25
Disposed
80
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 81 | 41 | 23 |
| High courts | 23 | 13 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 105)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Solan, Himachal Pradesh | Cheque dishonour complaint | Filed by the company against M/S Babyylon Bioteck India Pvt. Ltd. and 1 other | Pending |
| District court, Solan, Himachal Pradesh | Cheque dishonour complaint | Filed by the company against M/S Consano Life Sciences Pvt. Ltd. and 1 other | Pending |
| Supreme Court | Court case (3802-Matters Relating To Consumer Protection : SLPs relating to Consumer Protection.) | Filed against the company by DLF Homes Panchkula Pvt. Ltd. THR. Its Constituted Attorney Sco No. 192, Sector 8-C, Madhya Marg, Union Territory , District: Chandigarh ,Chandigarh , Chandigarh and 1 other | Disposed |
| District court, Solan, Himachal Pradesh | Cheque dishonour complaint | Filed by the company against M/S Hoperay Healthcare Pvt. Ltd. | Disposed |
| District court, Solan, Himachal Pradesh | Cheque dishonour complaint | Filed by the company against M/S Vella Life Sciences Pvt.Ltd. and 3 others | Disposed |
To see the full case history of Meridian Medicare 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 Meridian Medicare Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Meridian Medicare has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AADCM6130D2Z5 | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Meridian Medicare Limited, buy the company report.
Recent activity
Meridian Medicare Limited has 9 board changes on record since 1997: 3 appointments and 6 cessations. The latest: Naveen Kumar was appointed as Whole-Time Director on 30 Sep 2023.
AGM
Meridian Medicare Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Meridian Medicare Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Himachal Pradesh.
Appointed
Naveen Kumar was appointed as Whole-Time Director.
Ceased
Naveen Kumar ceased to be Whole-Time Director.
Charges
A charge registered on 16 Mar 2021 via Charge ID 100434022 with Others was fully satisfied on 26 Jun 2023.
Charges
A charge with Others amounted to Rs. 225.00 Lakh with Charge ID 100434022 was registered on 16 Mar 2021.
Charges
A charge registered on 01 May 2009 via Charge ID 10162581 with The Baghat Urban Co-Op. Bank Ltd was fully satisfied on 30 Jul 2018.
Charges
A charge registered on 08 Nov 2004 via Charge ID 80054320 with The Baghat Urban Cooperative Bank Limited was fully satisfied on 30 Jul 2018.
Charges
A charge registered on 02 Nov 2010 via Charge ID 10250557 with Bank Of India was fully satisfied on 26 Jul 2018.
Charges
A charge with The Jammu And Kashmir Bank Limited amounted to Rs. 31.50 Lakh with Charge ID 100185673 was registered on 30 May 2018.
Ceased
Vikas Aggarwal ceased to be Director.
Ceased
Satinder Singh Thakur ceased to be Whole-Time Director.
12 earlier events are in the company report.
Frequently asked questions
Meridian Medicare is an active public limited company based in Solan, Himachal Pradesh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 10 June 1997 (29+ years old) and is registered under CIN U24231HP1997PLC020064.
Meridian Medicare has 3 current directors:
- Suresh Kumari Chaudhary - Whole-Time Director
- Madhu Gupta - Whole-Time Director
- Naveen Kumar - Whole-Time Director
The latest financial statements of Meridian Medicare 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 Meridian Medicare is 02AADCM6130D2Z5, registered in Himachal Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Meridian Medicare is U24231HP1997PLC020064. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meridian Medicare has 105 court cases on record: 50 filed by the company and 55 filed against it. 25 are pending. Most are in the district courts.
Meridian Medicare was incorporated on 10 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of Meridian Medicare by revenue are Prim Drugs & Pharmaceuticals (India) Private Limited, Challa Chlorides Pvt Ltd, Salas Pharmaceuticals Private Limited, Radicura Pharmaceuticals Private Limited, Osmed Formulations Private Limited and 1 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Naveen Kumar was appointed as Whole-Time Director on 30 Sep 2023. Naveen Kumar ceased to be Whole-Time Director on 01 Sep 2023. Vikas Aggarwal ceased to be Director on 01 Mar 2016. Meridian Medicare has 9 board changes on record in total.
Yes, Meridian Medicare is registered as a small enterprise under Udyam registration (number: UDYAM-HP-11-0002135).
Meridian Medicare can be reached through the website meridianmedicareltd.com. Its registered office is in Solan, Himachal Pradesh, India.