- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0027119

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.
Recognitions & Rankings of Psyco Remedies
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressVillage Latton Dana Ludhiana Chandigarh Highway, Punjab, India – 141010
- 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
Associated Brands with Psyco Remedies Limited
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 of Psyco Remedies Limited
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 | 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 |
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 Psyco Remedies Limited FY 2025 filings available
Psyco Remedies Limited reported revenue of ₹29.82 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Psyco Remedies Limited
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 of Psyco Remedies 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 | ₹5.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.53 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 of Psyco Remedies Limited
| 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 | |||||
| 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 Psyco Remedies 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.
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.
| 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 of Psyco Remedies Limited
Psyco Remedies Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apple Lifecare (India) Private Limited | ₹29.9 Cr (FY 2018) | •••• | •••• | 174.0% | •••• | Mumbai, Maharashtra, India |
| 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 Limited this company | ₹29.82 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Ludhiana, Punjab, India |
| Namrata Agencies Private Limited | ₹29.67 Cr (FY 2025) | •••• | •••• | -36.0% | •••• | Thane, Maharashtra, India |
| Sai Siddhi Pharmachem Private Limited | ₹29.67 Cr (FY 2025) | •••• | •••• | 159.0% | •••• | Rajpipla, Gujarat, India |
| Ventis Pharmaceuticals Private Limited | ₹29.55 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Pellsys Pharma Private Limited | ₹29.54 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Hyderabad, Telangana, India |
| Pesino Pharmaceuticals Private Limited | ₹29.51 Cr (FY 2024) | •••• | •••• | 50.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Psyco Remedies by revenue in the Pharma industry (Formulations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Psyco Remedies Limited
Psyco Remedies Limited is audited by HARPRIYA GARG & ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HARPRIYA GARG & 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.
Ownership and Shareholding of Psyco Remedies 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 Psyco Remedies Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 May 2012 | Union Bank of India | ₹1.92 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Psyco Remedies Limited
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. Status as checked between 28 Sep 2026 and 04 Oct 2026.
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 Micro Labs Limited | Pending |
| Madras High Court | Court case (OP(TM)) | Filed by the company against Micro Labs Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (TMSUIT) | Filed against the company by Tripada Healthcare Private Limited | Disposed |
| Madras High Court | Civil suit | Filed against the company by Sun Pharma Laboratories Limited | Disposed |
| Madras High Court | Original application | Filed against the company by Sun Pharma Laboratories Limited | Disposed |
Full case history
All 11 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.
MSME Payment Delays by Psyco Remedies Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Psyco Remedies Limited
Psyco Remedies Limited has a workforce of 20 employees as of Mar 11, 2025.
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.
Recent Activity on Psyco Remedies Limited
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.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Psyco Remedies 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.
Subsidiaries & Group Companies of Psyco Remedies 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 Psyco Remedies Limited
Psyco Remedies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAFCP6242B1ZY | Punjab | Active | 01 Jul 2017 |
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 Psyco Remedies 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 Psyco Remedies Limited
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 reported revenue of ₹29.82 Cr for FY 2025 (up 3% YoY).
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
Psyco Remedies reported a net profit of ₹3.53 Cr (net margin 11.8%) and EBITDA of ₹5.16 Cr (EBITDA margin 17.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Psyco Remedies is 9% over three years and 3% over five years. In the latest year (FY 2025) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.
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 Apple Lifecare (India) Private Limited, Prashanti Formulations Limited, Apex Formulations Private Limited, Goa Antibiotics and Pharmaceuticals Limited, Kedar Janani Chemplast Private Limited and 5 more, all in the Pharma industry (Formulations).
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).