Mylan Laboratories Limited - pharma in Hyderabad, Telangana, India. FY 2026 financials and compliance.
CIN U24231TG1984PLC005146 Incorporated 29 November 1984 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Public Limited Company pharma
Data last updated
Revenue · FY 2025
₹7,503.56 Cr
▼ 23.00% YoY
EBITDA · FY 2025
Locked
In full report
Net profit · FY 2025
Locked
In full report
Authorised capital
₹125 Cr
Registered with MCA
Paid-up capital
₹48.7 Cr
Issued & subscribed
Open charges
None
Satisfied ₹5,501.38 Cr
Company age
42 yrs
Est. 1984
Employees · EPFO
11,193
Latest available

About Mylan Laboratories Limited

Data last updated: 17 December 2025

Mylan Laboratories Limited is a public limited company based in Hyderabad, Telangana, India, a subsidiary of Mp Laboratories (Mauritius) Ltd. It specialises in api manufacturers, a part of the broader pharmaceuticals sector. Incorporated on 29 November 1984, the company has been in operation for over 42 years.

Registered with ROC Hyderabad under CIN U24231TG1984PLC005146.

Capital: an authorised share capital of ₹125 Cr and a paid-up capital of ₹48.7 Cr. Formerly known as Herren Drugs P Ltd and Matrix Laboratories Limitted. It is led by directors including Rajiv Malik and Akshay Nanda.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No.564/A/22 Road No.92 Jubilee Hills, Hyderabad, Telangana, India – 500096.

As per the financials filed for FY 2025, the company reported a revenue of ₹7,503.56 Cr, a decline of 23% compared to the previous year.

The company has a workforce of approximately 11,193 employees as per the latest available data. It operates as a subsidiary of Mp Laboratories (Mauritius) Ltd.

The company is associated with 1 brand - Viatris. As per MCA filings, the company has satisfied charges of ₹5,501.38 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website viatris.com.

Company Details of Mylan Laboratories Limited
CIN U24231TG1984PLC005146
Registration Number 005146
Incorporation Date 29 November 1984
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Mp Laboratories (Mauritius) Ltd
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    Plot No.564/A/22 Road No.92 Jubilee Hills, Hyderabad, Telangana, India – 500096
  • Industry
    Pharma, API Manufacturers, Drug Formulation & Development
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Financials, compliance, directors, charges, ownership and filings for Mylan Laboratories Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Mylan Laboratories Limited

Mylan Laboratories Limited has undergone 4 name changes throughout its history. The current legal name is Mylan Laboratories Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Mylan Laboratories Limited Current
Herren Drugs P Ltd Previous
Matrix Laboratories Limitted Previous
Herren Drugs Ltd Previous
Herren Drugs & Pharmaceuticals Ltd Previous

CIN History of Mylan Laboratories Limited

Mylan Laboratories Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24231TG1984PLC005146, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U24231TG1984PLC005146 Current
U24231AP1984PLC005146 Previous
L24231AP1984PLC005146 Previous

Associated Brands with Mylan Laboratories Limited

Mylan Laboratories Limited operates one associated brand: Viatris. These brands represent Mylan Laboratories Limited's diversified market presence and brand portfolio.

Brand Description Website
Branded pharmaceuticals are developed and commercialized by Viatris internationally. viatris.com

Business Activity of Mylan Laboratories Limited

Mylan Laboratories Limited is engaged in the principal business activity of manufacturing, with detailed activities including 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
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Business activity turnover details for Mylan Laboratories Limited

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Auditor Details of Mylan Laboratories Limited

Mylan Laboratories Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
DELOITTE HASKINS & SELLS Locked Locked Locked
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Complete auditor history for Mylan Laboratories Limited

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Board of Directors of Mylan Laboratories Limited

Mylan Laboratories Limited is currently managed by 6 directors, with 22 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Rajiv Malik Director 28 Jul 2005 21 Years 0 Months Current
Akshay Nanda Director 01 Mar 2024 2 Years 5 Months Current
Arvind Shankar Kanda Whole-Time Director 28 Mar 2024 2 Years 4 Months Current
Ramya Suresh Director 25 Apr 2024 2 Years 3 Months Current
Sarada Kalyani Bhagawati Whole-Time Director 01 Nov 2014 11 Years 9 Months Current
Nagaraj Goud Bodige Nodal Officer 22 Nov 2022 3 Years 8 Months Current

Financials of Mylan Laboratories Limited FY 2025 filings available

Mylan Laboratories Limited reported revenue of ₹7,503.56 Cr (down 23.00% YoY) for FY 2025.

Revenue · FY 2025
₹7,503.56 Cr ▼ 23.00%
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Ten-year financial statements for Mylan Laboratories Limited

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Ownership and Shareholding of Mylan Laboratories Limited

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Shareholding and ownership data for Mylan Laboratories Limited

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Charges & Borrowings of Mylan Laboratories Limited

Open charges
₹0
Satisfied charges
₹5,501.38 Cr
Breakdown by lending institutions
State Bank of India₹1,826.18 Cr
The Hongkong and Shanghai Banking Corporation Limited₹897.03 Cr
Axis Bank Limited₹845.05 Cr
Central Bank of India₹367.50 Cr
Yes Bank Limited₹190.00 Cr
Others₹1,375.62 Cr
Latest charge details
DateLenderAmountStatus
11 Jun 2013 Icici Bank Limited ₹170 Cr Satisfied
27 Nov 2012 Yes Bank Limited ₹40 Cr Satisfied
08 Oct 2012 Export - Import Bank of India ₹150 Cr Satisfied
18 Jul 2012 The Ratnakar Bank Limited ₹50 Cr Satisfied
10 Jul 2012 Yes Bank Limited ₹60 Cr Satisfied

Total charge records: 55 View all charges

Employees and EPFO Compliance at Mylan Laboratories Limited

Mylan Laboratories Limited has a workforce of 11,193 employees as of Mar 25, 2024.

Employee count
11,193
Active EPFO establishments
11
Employee growth
0.36%
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Employee and EPFO history for Mylan Laboratories Limited

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GST Compliance of Mylan Laboratories Limited

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GST registrations and filing compliance for Mylan Laboratories Limited

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Credit Ratings, Litigation & Regulatory Alerts for Mylan Laboratories Limited

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Credit ratings, litigation, and regulatory alerts for Mylan Laboratories Limited

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MSME Payment Delays by Mylan Laboratories Limited

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MSME payment history for Mylan Laboratories Limited

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Subsidiaries & Group Companies of Mylan Laboratories Limited

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Corporate group structure for Mylan Laboratories Limited

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MCA Filings & Documents of Mylan Laboratories Limited

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MCA filings and documents for Mylan Laboratories Limited

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Recent Activity on Mylan Laboratories Limited

Activity
30 Sep 2025
Mylan Laboratories Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Mylan Laboratories Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Directors
25 Apr 2024
Ramya Suresh was appointed as a Director on 25 Apr 2024 & has been associated with this company since 2 years 3 months.
Directors
28 Mar 2024
Arvind Shankar Kanda was appointed as a Whole-time director on 28 Mar 2024 & has been associated with this company since 2 years 4 months.
Directors
01 Mar 2024
Akshay Nanda was appointed as a Director on 01 Mar 2024 & has been associated with this company since 2 years 5 months.
Directors
22 Nov 2022
Nagaraj Goud Bodige was appointed as a Nodal Officer on 22 Nov 2022 & has been associated with this company since 3 years 8 months.

Frequently Asked Questions about Mylan Laboratories Limited

Mylan Laboratories Limited is an active public limited company in the pharma sector based in Hyderabad, Telangana, India. It was incorporated on 29 November 1984 (42+ years old) and is registered under CIN U24231TG1984PLC005146. The company has 11,193 employees.

Mylan Laboratories Limited reported revenue of ₹7,503.56 Cr for FY 2025 (down 23.00% YoY).

The current directors of Mylan Laboratories Limited are:

The primary industry of Mylan Laboratories Limited is pharma. The company specifically operates in api manufacturers. The company is currently active in this sector.

Mylan Laboratories Limited can be reached at the registered office: Plot No.564A22 Road No.92 Jubilee Hills, Hyderabad, Telangana, India – 500096, or through the website viatris.com.

The authorised capital is ₹125 Cr, and the paid-up capital is ₹48.7 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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