MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0027119
Psyco Remedies Limited - pharma in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹29.82 Cr
▲ 3% YoY
Net profit · FY 2025
₹3.53 Cr
Net margin 11.8%
EBITDA · FY 2025
₹5.16 Cr
EBITDA margin 17.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Satisfied charges
₹1.92 Cr
No open charges
Company age
16 yrs
Est. 2010
Employees · EPFO
20
Provident fund records
About Psyco Remedies Limited
Data last updated:
Psyco Remedies Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 04 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24232PB2010PLC033653. Its GSTIN is 03AAFCP6242B1ZY (Punjab).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹25 Lakh. It is led by directors including Gagandeep Maggo (Managing Director) and Rahul Maggu (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 Latton Dana Ludhiana Chandigarh Highway, Punjab, India – 141010.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.82 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹3.53 Cr (net margin 11.8%) and EBITDA of ₹5.16 Cr (EBITDA margin 17.3%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 3% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Psyco Remedies Limited. As per MCA filings, the company has satisfied charges of ₹1.92 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 8 filed against it; 1 case is pending.
Psyco Remedies Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0027119). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website psycoremedies.com.
Company details
CIN U24232PB2010PLC033653
Registration Number 033653
Incorporation Date 04 March 2010
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-12-0027119
Key People
Gagandeep Maggo Managing Director Rahul Maggu Whole-Time Director Vagisha Maggu Whole-Time Director Recognitions & Rankings of Psyco Remedies
Contact details
Psyco Remedies Limited's registered office is in Ludhiana, Punjab. Its website is psycoremedies.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVillage Latton Dana Ludhiana Chandigarh Highway, Punjab, India – 141010
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Psyco Remedies Limited, buy the company report.
Comprehensive company report
Psyco Remedies 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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Brands
Psyco Remedies operates one associated brand: Psyco Remedies Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying pharmaceuticals across psychoactive, antibiotic, cardio-diabetic, and skin care sectors. | psycoremedies.com |
Business activity
The main business activity of Psyco Remedies 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 Psyco Remedies Limited, buy the company report.
Financials of Psyco Remedies Limited
FY 2025 filings availablePsyco Remedies Limited reported revenue of ₹29.82 Cr (up 3% YoY) for FY 2025.
Revenue · FY 2025
₹29.82 Cr ▲ 3%
Net profit · FY 2025
₹3.53 Cr margin 11.8%
EBITDA · FY 2025
₹5.16 Cr margin 17.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 9%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 3% growth in the latest year. EBITDA rose 5% 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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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹5.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.53 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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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 | 17.3% | ||||
| Net Profit Margin | 11.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Psyco Remedies Limited, buy the company report.
Board of directors of Psyco Remedies Limited
Psyco Remedies has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Maggu | Whole-Time Director | 01 Jun 2021 | 5 Years 4 Months | Current |
| Vagisha Maggu | Whole-Time Director | 29 Mar 2022 | 4 Years 6 Months | Current |
| Alisha Mago | Whole-Time Director | 29 Mar 2022 | 4 Years 6 Months | Current |
| Gagandeep Maggo | Managing Director | 01 Jun 2021 | 5 Years 4 Months | Current |
Peer comparison
Psyco Remedies Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Prashanti Formulations Limited | ₹29.89 Cr (FY 2025) | -26.0% | Hoshiarpur, Punjab, India | |||
| Apex Formulations Private Limited | ₹29.85 Cr (FY 2025) | 25.0% | Ahmedabad, Gujarat, India | |||
| Goa Antibiotics and Pharmaceuticals Limited | ₹29.84 Cr (FY 2025) | 26.0% | Goa, India | |||
| Kedar Janani Chemplast Private Limited | ₹29.84 Cr (FY 2025) | 26.0% | Mumbai, Maharashtra, India | |||
| Psyco Remedies Limitedthis company | ₹29.82 Cr (FY 2025) | ₹3.53 Cr | 11.8% | 3.0% | 20 | Ludhiana, Punjab, India |
| Pellsys Pharma Private Limited | ₹29.54 Cr (FY 2025) | -3.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Psyco Remedies Limited, buy the company report.
Auditor
Psyco Remedies Limited is audited by HARPRIYA GARG & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARPRIYA GARG & ASSOCIATES | FY 2024 | 031279N |
Shareholding
The shareholding of Psyco Remedies Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Psyco Remedies Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.92 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 May 2012 | 10357843 | Union Bank of India | ₹1.92 Cr | Satisfied |
To see the full charge records of Psyco Remedies Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Psyco Remedies Limited has 11 court cases on record: 3 filed by Psyco Remedies, 8 filed against it. 1 case is pending and 10 are disposed.
Total cases
11
Filed by the company
3
Filed against the company
8
Pending
1
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 6 | 0 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M/S Micro Labs Ltd | Pending |
| High Court, TAMIL NADU | Court case (OP(TM)) | Filed by the company against Micro Labs Ltd and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (TMSUIT) | Filed against the company by Tripada Healthcare Private Limited | Disposed |
| High Court, TAMIL NADU | Original application | Filed against the company by Sun Pharma Laboratories Ltd | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed against the company by Sun Pharma Laboratories Ltd | Disposed |
To see the full case history of Psyco Remedies 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
Psyco Remedies Limited has 3 MSME Form 1 returns on record for the period ending Sep 2023, listing 15 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Nishchem International Private Limited | |||
| Swati Spentose Private Limited | |||
| Pradipkumar Pharma Private Limited |
To see the full MSME payment records of Psyco Remedies Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Psyco Remedies Limited has a workforce of 20 employees on its EPFO records as of Mar 11, 2025, across 1 active EPFO establishment.
Employee count
20
Active EPFO establishments
1
Employee growth
-4.76%
GST
Psyco Remedies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAFCP6242B1ZY | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Psyco Remedies Limited, buy the company report.
Recent activity
Psyco Remedies Limited has 11 board changes on record since 2021: 4 appointments and 7 cessations. The latest: Alisha Mago ceased to be Additional Director on 01 Apr 2022.
AGM
Psyco Remedies Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Psyco Remedies Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge registered on 10 May 2012 via Charge ID 10357843 with Union Bank Of India was fully satisfied on 20 Aug 2024.
Ceased
Alisha Mago ceased to be Additional Director.
Ceased
Vagisha Maggu ceased to be Additional Director.
Ceased
Gagandeep Maggo ceased to be Managing Director.
Ceased
Narinder Pal ceased to be Whole-Time Director.
Ceased
Rahul Maggu ceased to be Whole-Time Director.
Appointed
Alisha Mago was appointed as Whole-Time Director.
Appointed
Vagisha Maggu was appointed as Whole-Time Director.
Ceased
Suman Maghu ceased to be Whole-Time Director.
Ceased
Amar Nath ceased to be Managing Director.
5 earlier events are in the company report.
Frequently asked questions
Psyco Remedies is an active public limited company based in Ludhiana, Punjab, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 04 March 2010 (16+ years old) and is registered under CIN U24232PB2010PLC033653.
Psyco Remedies has 4 current directors:
- Gagandeep Maggo - Managing Director
- Rahul Maggu - Whole-Time Director
- Vagisha Maggu - Whole-Time Director
- Alisha Mago - Whole-Time Director
The latest financial statements of Psyco Remedies 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 Psyco Remedies is 03AAFCP6242B1ZY, registered in Punjab.
The CIN (Corporate Identification Number) of Psyco Remedies is U24232PB2010PLC033653. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Psyco Remedies has 11 court cases on record: 3 filed by the company and 8 filed against it. 1 is pending. Most are in the high courts.
Psyco Remedies was incorporated on 04 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Psyco Remedies by revenue are Prashanti Formulations Limited, Apex Formulations Private Limited, Goa Antibiotics and Pharmaceuticals Limited, Kedar Janani Chemplast Private Limited, Pellsys Pharma Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Alisha Mago ceased to be Additional Director on 01 Apr 2022. Vagisha Maggu ceased to be Additional Director on 01 Apr 2022. Gagandeep Maggo ceased to be Managing Director on 31 Mar 2022. Psyco Remedies has 11 board changes on record in total.
Yes, Psyco Remedies is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0027119).
Psyco Remedies has 3 MSME Form 1 returns on record for the period ending Sep 2023, listing 15 overdue payments to 12 micro and small suppliers. The latest return was filed on 05 Nov 2023.
Psyco Remedies can be reached through the website psycoremedies.com. Its registered office is in Ludhiana, Punjab, India.