About Multicure Pharma Private Limited
Data last updated:
Multicure Pharma Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 31 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17297KA1995PTC103571. Its GSTIN is 29AABCR6115M1Z3 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.37 Cr. It was formerly known as Multi Medicos Private Limited and Multisap Pharma Private Limited. It is led by directors Shashi Sharma (Managing Director) and Heeralal Sharma.
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 22 23 24 Mezzanine Floor Police Road Ranasinghpet, Bangalore, Karnataka, India – 560053.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.14 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹7.86 Lakh (net margin 0.6%) and EBITDA of ₹39.73 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
The company is associated with 1 brand: Multicure Pharma. Court records list 74 cases involving the company, including 66 filed by the company and 8 filed against it; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website multicure.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address22 23 24 Mezzanine Floor Police Road Ranasinghpet, Bangalore, Karnataka, India – 560053
- 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 Multicure Pharma Private Limited
The main business activity of Multicure Pharma is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Multicure Pharma Private Limited FY 2024 filings available
Multicure Pharma Private Limited reported revenue of ₹14.14 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Multicure Pharma Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over three years, including 20% growth in the latest year. EBITDA rose 34% 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 Multicure Pharma Private Limited
| 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 | ₹39.73 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.86 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 of Multicure Pharma Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Multicure 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 Multicure Pharma Private Limited
Multicure Pharma Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bios Lab Private Limited | •••• | •••• | •••• | •••• | 60 | Rajkot, Gujarat, India |
| Evoq Remedies Limited Listed | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Auxesia Life Sciences Private Limited | •••• | •••• | •••• | •••• | 51 | Thevara P O, Kerala, India |
| Park N Chem Pharmaceuticals Private Limited | •••• | •••• | •••• | •••• | - | Amritsar, Punjab, India |
| Zitron Pharma Pvt Ltd | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Multicure Pharma Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Aravindh Herbal Labs Private Limited | •••• | •••• | •••• | •••• | - | Rajapalayam, Tamil Nadu, India |
| Fling Pharmaceuticals Private Limited | •••• | •••• | •••• | •••• | 32 | Thrissur, Kerala, India |
| Ainwik Impex Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Agoc Care Private Limited | •••• | •••• | •••• | •••• | 30 | Mumbai, Maharashtra, India |
| Microwin Labs Private Limited | •••• | •••• | •••• | •••• | - | Sas Nagar, Punjab, India |
Peers are the five companies nearest above and the five nearest below Multicure Pharma by revenue in the Pharma industry (Formulations), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Multicure Pharma Private Limited
Multicure Pharma Private Limited is audited by J L JAIN & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J L JAIN & 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 Multicure Pharma Private Limited
Multicure Pharma has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashi Sharma | Managing Director | 12 Jun 2012 | 14 Years 3 Months | Current |
| Heeralal Sharma Also directs: Maxwell & Higgs (India) Private Limited | Director | 18 Aug 2021 | 5 Years 1 Months | Current |
Ownership and Shareholding of Multicure 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 Multicure Pharma Private Limited
Multicure Pharma Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Multicure Pharma Private Limited
Multicure Pharma Private Limited has 74 court cases on record: 66 filed by Multicure Pharma, 8 filed against it. 12 cases are pending and 62 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 73 | 8 | 12 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 74)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against S K Pharma | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Basaveshwara Pharma | Pending |
Full case history
All 74 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Multicure Pharma Private Limited
Multicure Pharma operates one associated brand: Multicure Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specialization in pharmaceuticals, focusing on antiseptics and disinfectants for infection control. | multicure.in |
Employees and EPFO Compliance at Multicure Pharma Private Limited
Employment history and EPFO contributions of people linked to Multicure 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.
Name History of Multicure Pharma Private Limited
Multicure Pharma has undergone 7 name changes throughout its history. The current legal name is Multicure Pharma Private Limited.
| Company Name | Status |
|---|---|
| Multicure Pharma Private Limited | Current |
| Multi Medicos Private Limited | Previous |
| Multisap Pharma Private Limited | Previous |
| Ritika Fabrics Pvt Ltd | Previous |
| Multi Pahrmacy Private Limited | Previous |
| Multi Pharmaceutical Private Limited | Previous |
| Zivor Pharma Private Limited | Previous |
| Multi Medicare Private Limited | Previous |
CIN History of Multicure Pharma Private Limited
Multicure Pharma has one previous CIN (Corporate Identification Number): U17297WB1995PTC070780. The current CIN is U17297KA1995PTC103571, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17297KA1995PTC103571 | Current |
| U17297WB1995PTC070780 | Previous |
Recent Activity on Multicure Pharma Private Limited
Multicure Pharma Private Limited has 9 board changes on record since 2012: 2 appointments and 7 cessations. The latest: Yamini Joshi ceased to be Additional Director on 24 Mar 2022.
Credit Ratings, Litigation & Regulatory Alerts for Multicure 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 Multicure 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 Multicure 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 Multicure Pharma Private Limited
Multicure Pharma has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCR6115M1Z3 | Karnataka | Active | 01 Jul 2017 |
| 36AABCR6115M1Z8 | Telangana | Active | 06 Jul 2021 |
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 Multicure 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 Multicure Pharma Private Limited
Multicure Pharma is an active private limited company based in Bangalore, Karnataka, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 31 March 1995 (31+ years old) and is registered under CIN U17297KA1995PTC103571.
Multicure Pharma reported revenue of ₹14.14 Cr for FY 2025 (up 20% YoY).
Multicure Pharma has 2 current directors:
- Shashi Sharma - Managing Director
- Heeralal Sharma - Director
Multicure Pharma reported a net profit of ₹7.86 Lakh (net margin 0.6%) and EBITDA of ₹39.73 Lakh (EBITDA margin 2.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Multicure Pharma is 15% over three years. In the latest year (FY 2025) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Multicure Pharma is 29AABCR6115M1Z3, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AABCR6115M1Z8 (Telangana).
The CIN (Corporate Identification Number) of Multicure Pharma is U17297KA1995PTC103571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multicure Pharma has 74 court cases on record: 66 filed by the company and 8 filed against it. 12 are pending. Most are in the district courts.
Multicure Pharma was incorporated on 31 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Multicure Pharma by revenue are Bios Lab Private Limited, Evoq Remedies Limited, Auxesia Life Sciences Private Limited, Park N Chem Pharmaceuticals Private Limited, Zitron Pharma Pvt Ltd and 5 more, all in the Pharma industry (Formulations).
Yamini Joshi ceased to be Additional Director on 24 Mar 2022. Heeralal Sharma was appointed as Director on 18 Aug 2021. Shashi Sharma ceased to be Director on 07 Jul 2021. Multicure Pharma has 9 board changes on record in total.