About Raaj Medisafe India Limited
Data last updated: 15 July 2026
Raaj Medisafe India Limited is a public limited company based in Ujjain, Madhya Pradesh, India. It specialises in medical consumables and supplies, a part of the broader healthcare sector. Incorporated on 12 September 1985, the company has been in operation for over 41 years.
Registered with ROC Gwalior under CIN L33112MP1985PLC003039. Listed on BSE: 524502.
Capital: an authorised share capital of ₹18 Cr and a paid-up capital of ₹16.42 Cr. Formerly known as Manoj Surgical Industries Limited. It is led by directors including Rakesh Agrawal and Navin Jhawar.
Last AGM: 25 September 2025. Financial statements filed for year ended 31 March 2025. Office: 75/2 And 3 Industrial Area Maksi Road, Ujjain, Madhya Pradesh, India – 456010.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹80.01 Cr, a growth of 28.19% compared to the previous year. The net worth stands at ₹46.74 Cr (up 73.66% YoY). Total assets are valued at ₹121.35 Cr (up 75.32% YoY).
The company has a workforce of approximately 36 employees as per the latest available data.
The company is associated with 2 brands - Raaj Medisafe India, Raaj Medisafe India. As per MCA filings, the company has open charges of ₹113.82 Cr and satisfied charges of ₹24.24 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 medisafeindia.com.
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Registered Address75/2 And 3 Industrial Area Maksi Road, Ujjain, Madhya Pradesh, India – 456010
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IndustryHealthcare, Medical Consumables & Supplies
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Raaj Medisafe India Limited
Raaj Medisafe India Limited has one previous CIN (Corporate Identification Number): U33112MP1985PLC003039. The current CIN is L33112MP1985PLC003039, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L33112MP1985PLC003039 | Current |
| U33112MP1985PLC003039 | Previous |
Associated Brands with Raaj Medisafe India Limited
Raaj Medisafe India Limited operates two associated brands: RAAJ MEDISAFE INDIA and Raaj Medisafe India. These brands represent Raaj Medisafe India Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Packaging and hygiene solutions for pharmaceuticals, FMCG, and food industries. | raajmedisafeindia.com | |
| Hygienic disposable products for medical and personal use are manufactured. | medisafeindia.com |
Business Activity of Raaj Medisafe India Limited
Raaj Medisafe India Limited is engaged in the principal business activity of manufacturing, with detailed activities including plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details for Raaj Medisafe India Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Verified entity values are shown only after access is granted.
Auditor Details of Raaj Medisafe India Limited
Raaj Medisafe India Limited is audited by GDK & ASSOCIATES (ICAI peer reviewed, certificate valid till 2026-06-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| GDK & ASSOCIATES (ICAI peer reviewed, certificate valid till 2026-06-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Raaj Medisafe India Limited
Raaj Medisafe India Limited is currently managed by 6 directors, with 17 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Agrawal | Director | 09 Aug 2022 | 4 Years 1 Months | Current |
|
Navin Jhawar
Also directs:
Shri Malwa Plastic Packaging Cluster Private Limited
|
Whole-Time Director | 18 Aug 2021 | 5 Years 0 Months | Current |
| Arpit Bangur | Managing Director | 13 May 2013 | 13 Years 4 Months | Current |
| Krishna Jajoo | Director | 15 Jan 2015 | 11 Years 8 Months | Current |
|
Hemant Kasliwal
Also directs:
Shrivats Paper And Paper Products Private Limited, Kayvee Polyesters Pvt.Ltd., Shree Packers (Mp) Private Limited and 4 more
|
Director | 14 Aug 2024 | 2 Years 1 Months | Current |
| Ateet Agrawal | Director | 14 Aug 2024 | 2 Years 1 Months | Current |
Financials of Raaj Medisafe India Limited FY 2026 filings available
Raaj Medisafe India Limited reported revenue of ₹80.01 Cr (up 28.19% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹80.01 Cr | ₹62.42 Cr | ₹43.25 Cr | ₹38.62 Cr | ₹34.69 Cr | ₹31.81 Cr | ₹5.47 Cr | ₹4.8 Cr |
| Other Income | ₹56.31 Lakh | ₹19.9 Lakh | ₹6.02 Lakh | ₹2.22 Lakh | ₹2.59 Lakh | ₹2.04 Lakh | ₹45.04 Lakh | ₹44,300 |
| Total Income | ₹80.58 Cr | ₹62.62 Cr | ₹43.31 Cr | ₹38.65 Cr | ₹34.72 Cr | ₹31.83 Cr | ₹5.92 Cr | ₹4.8 Cr |
| Cost of Materials Consumed | ₹52.69 Cr | ₹43.03 Cr | ₹30.5 Cr | ₹27.48 Cr | ₹23.33 Cr | ₹21.92 Cr | ₹3.43 Cr | ₹3.05 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹1.46 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹1.21 Cr | -₹71.17 Lakh | -₹1.23 Cr | -₹61.01 Lakh | -₹21.41 Lakh | -₹9.44 Lakh | -₹11.97 Lakh | ₹14.33 Lakh |
| Employee Benefit Expense | ₹5.1 Cr | ₹3.92 Cr | ₹3.25 Cr | ₹2.7 Cr | ₹2.89 Cr | ₹2.44 Cr | ₹1.09 Cr | ₹82.68 Lakh |
| Finance Costs | ₹3.96 Cr | ₹2.13 Cr | ₹1.57 Cr | ₹1.11 Cr | ₹71.46 Lakh | ₹74.44 Lakh | ₹94.64 Lakh | ₹74.52 Lakh |
| Depreciation & Amortisation | ₹2.04 Cr | ₹1.45 Cr | ₹83.71 Lakh | ₹75.21 Lakh | ₹72.35 Lakh | ₹71.1 Lakh | ₹31.72 Lakh | ₹30.83 Lakh |
| Other Expenses | ₹11.67 Cr | ₹6.09 Cr | ₹4.11 Cr | ₹3.45 Cr | ₹3.59 Cr | ₹3.47 Cr | ₹1.63 Cr | ₹1.56 Cr |
| Total Expenses | ₹74.26 Cr | ₹57.36 Cr | ₹39.02 Cr | ₹34.87 Cr | ₹31.05 Cr | ₹29.19 Cr | ₹7.29 Cr | ₹6.64 Cr |
| Profit Before Exceptional Items & Tax | ₹6.32 Cr | ₹5.25 Cr | ₹4.29 Cr | ₹3.77 Cr | ₹3.67 Cr | ₹2.63 Cr | -₹1.37 Cr | -₹1.84 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | -₹5,600 | ₹5.28 Lakh | -₹1.24 Lakh | ₹59,000 | ₹24.52 Lakh |
| Profit Before Tax | ₹6.32 Cr | ₹5.25 Cr | ₹4.29 Cr | ₹3.77 Cr | ₹3.73 Cr | ₹2.62 Cr | -₹1.36 Cr | -₹1.59 Cr |
| Total Tax Expense | ₹4.51 Cr | -₹87.64 Lakh | ₹96.04 Lakh | ₹44.2 Lakh | ₹71.46 Lakh | ₹31.93 Lakh | ₹0 | ₹0 |
| Net Profit | ₹1.81 Cr | ₹6.13 Cr | ₹3.33 Cr | ₹3.33 Cr | ₹3.01 Cr | ₹2.3 Cr | -₹1.36 Cr | -₹1.59 Cr |
| Other Comprehensive Income | ₹0 | -₹6.25 Lakh | ₹1.68 Lakh | ₹1.09 Lakh | ₹6.43 Lakh | -₹3.9 Lakh | -₹1.52 Lakh | ₹66,000 |
| Total Comprehensive Income | ₹1.81 Cr | ₹6.07 Cr | ₹3.35 Cr | ₹3.34 Cr | ₹3.08 Cr | ₹2.26 Cr | -₹1.38 Cr | -₹1.59 Cr |
| EBITDA (computed) | ₹12.33 Cr | ₹8.83 Cr | ₹6.69 Cr | ₹5.63 Cr | ₹5.11 Cr | ₹4.09 Cr | -₹10.68 Lakh | -₹78.38 Lakh |
| Basic EPS | ₹1.10 | ₹4.60 | ₹3.07 | ₹3.06 | ₹2.82 | ₹2.07 | ₹-2.71 | ₹-3.16 |
| Diluted EPS | ₹1.10 | ₹4.60 | ₹3.07 | ₹3.06 | ₹2.82 | ₹2.07 | ₹-2.71 | ₹-3.16 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹121.35 Cr | ₹69.22 Cr | ₹41.51 Cr | ₹25.77 Cr | ₹19.62 Cr | ₹16.61 Cr | ₹6.18 Cr | ₹5.11 Cr |
| Non-current Assets | ₹70.9 Cr | ₹39.6 Cr | ₹22.79 Cr | ₹10.57 Cr | ₹9.61 Cr | ₹9.29 Cr | ₹3.39 Cr | ₹3.49 Cr |
| Current Assets | ₹50.45 Cr | ₹29.62 Cr | ₹18.72 Cr | ₹15.2 Cr | ₹10 Cr | ₹7.32 Cr | ₹2.79 Cr | ₹1.62 Cr |
| Property, Plant & Equipment | ₹38.3 Cr | ₹23.06 Cr | ₹10.72 Cr | ₹8.63 Cr | ₹9.34 Cr | ₹7.26 Cr | ₹3.35 Cr | ₹3.44 Cr |
| Inventories | ₹14.89 Cr | ₹8.14 Cr | ₹8.46 Cr | ₹6.61 Cr | ₹3.11 Cr | ₹1.52 Cr | ₹71.38 Lakh | ₹56.58 Lakh |
| Trade Receivables | ₹11.75 Cr | ₹16.7 Cr | ₹8.12 Cr | ₹6.85 Cr | ₹5.44 Cr | ₹4.9 Cr | ₹1.64 Cr | ₹81.66 Lakh |
| Cash & Equivalents | ₹12.46 Cr | ₹5.16 Lakh | ₹3.21 Lakh | ₹1.32 Lakh | ₹1.9 Lakh | ₹1.49 Lakh | ₹64,000 | ₹68,100 |
| Equity (Net Worth) | ₹46.74 Cr | ₹26.92 Cr | ₹10.84 Cr | ₹7.49 Cr | ₹4.15 Cr | ₹1.07 Cr | -₹9.28 Cr | -₹7.9 Cr |
| Equity Share Capital | ₹16.42 Cr | ₹13.18 Cr | ₹10.9 Cr | ₹10.9 Cr | ₹10.9 Cr | ₹10.9 Cr | ₹5 Cr | ₹5 Cr |
| Borrowings (Non-current) | ₹36.49 Cr | ₹14.37 Cr | ₹13.84 Cr | ₹6.58 Cr | ₹5.38 Cr | ₹8.51 Cr | ₹11.48 Cr | ₹9.78 Cr |
| Borrowings (Current) | ₹27.64 Cr | ₹20.13 Cr | ₹12.03 Cr | ₹9.04 Cr | ₹7.63 Cr | ₹4.62 Cr | ₹2.31 Cr | ₹1.82 Cr |
| Total Debt (computed) | ₹64.13 Cr | ₹34.51 Cr | ₹25.87 Cr | ₹15.61 Cr | ₹13.01 Cr | ₹13.13 Cr | ₹13.79 Cr | ₹11.61 Cr |
| Current Liabilities | ₹35.31 Cr | ₹27.87 Cr | ₹16.11 Cr | ₹11.32 Cr | ₹9.51 Cr | ₹6.53 Cr | ₹3.98 Cr | ₹3.23 Cr |
| Total Liabilities | ₹74.61 Cr | ₹42.3 Cr | ₹30.68 Cr | ₹18.28 Cr | ₹15.47 Cr | ₹15.54 Cr | ₹15.47 Cr | ₹13.01 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹3.66 Cr | -₹8.68 Lakh | ₹4.26 Cr | ₹17.4 Lakh | ₹2.45 Cr |
| Investing Cash Flow | -₹21.7 Cr | -₹16.42 Cr | -₹13 Cr | -₹1.67 Cr | -₹96.14 Lakh |
| Financing Cash Flow | ₹30.98 Cr | ₹16.52 Cr | ₹8.74 Cr | ₹1.49 Cr | -₹1.47 Cr |
| Capital Expenditure | ₹33.5 Cr | ₹14.71 Cr | ₹11.64 Cr | ₹1.73 Cr | ₹1.21 Cr |
| Free Cash Flow (computed) | -₹29.83 Cr | -₹14.8 Cr | -₹7.38 Cr | -₹1.55 Cr | ₹1.23 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹12.95 Cr | ₹1.95 Lakh | ₹21,800 | -₹57,500 | ₹1.74 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹25.08 Cr | ₹20.71 Cr | ₹18.4 Cr | ₹15.83 Cr | ₹24.4 Cr | ₹14.59 Cr | ₹12.52 Cr | ₹10.91 Cr |
| Other Income | ₹28.16 Lakh | ₹4.31 Lakh | ₹23.28 Lakh | ₹56,000 | ₹11.02 Lakh | -₹89,300 | ₹9.43 Lakh | ₹34,000 |
| Total Income | ₹25.36 Cr | ₹20.75 Cr | ₹18.64 Cr | ₹15.83 Cr | ₹24.51 Cr | ₹14.58 Cr | ₹12.62 Cr | ₹10.91 Cr |
| Cost of Materials Consumed | ₹15.41 Cr | ₹15.72 Cr | ₹9.33 Cr | ₹12.22 Cr | ₹19.58 Cr | ₹9.19 Cr | ₹6.17 Cr | ₹8.09 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹30.84 Lakh | ₹28.01 Lakh | ₹87.45 Lakh | ₹0 |
| Changes in Inventories | ₹1.33 Cr | -₹2.92 Cr | ₹2.53 Cr | -₹2.15 Cr | -₹1.38 Cr | -₹20.48 Lakh | ₹1.55 Cr | -₹67.86 Lakh |
| Employee Benefit Expense | ₹1.08 Cr | ₹1.47 Cr | ₹1.46 Cr | ₹1.13 Cr | ₹84.19 Lakh | ₹1.4 Cr | ₹97.36 Lakh | ₹70.77 Lakh |
| Finance Costs | ₹1.08 Cr | ₹1.38 Cr | ₹81.92 Lakh | ₹68.13 Lakh | ₹67.76 Lakh | ₹51.61 Lakh | ₹57.06 Lakh | ₹36.37 Lakh |
| Depreciation & Amortisation | ₹62.5 Lakh | ₹49.8 Lakh | ₹43.22 Lakh | ₹48.64 Lakh | ₹43.79 Lakh | ₹40.4 Lakh | ₹38.12 Lakh | ₹22.54 Lakh |
| Other Expenses | ₹4.54 Cr | ₹2.75 Cr | ₹2.33 Cr | ₹2 Cr | ₹1.95 Cr | ₹1.72 Cr | ₹1.38 Cr | ₹1.05 Cr |
| Total Expenses | ₹24.07 Cr | ₹18.9 Cr | ₹16.91 Cr | ₹14.37 Cr | ₹22.41 Cr | ₹13.3 Cr | ₹11.9 Cr | ₹9.76 Cr |
| Profit Before Exceptional Items & Tax | ₹1.29 Cr | ₹1.85 Cr | ₹1.73 Cr | ₹1.46 Cr | ₹2.11 Cr | ₹1.28 Cr | ₹71.82 Lakh | ₹1.15 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹1.29 Cr | ₹1.85 Cr | ₹1.73 Cr | ₹1.46 Cr | ₹2.11 Cr | ₹1.28 Cr | ₹71.82 Lakh | ₹1.15 Cr |
| Total Tax Expense | ₹4.51 Cr | -₹4.51 Lakh | ₹0 | ₹0 | -₹1.38 Cr | ₹25.84 Lakh | ₹6.6 Lakh | ₹17.44 Lakh |
| Net Profit | -₹3.23 Cr | ₹1.89 Cr | ₹1.73 Cr | ₹1.46 Cr | ₹3.48 Cr | ₹1.03 Cr | ₹65.22 Lakh | ₹97.37 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | -₹4.31 Lakh | -₹1.94 Lakh | ₹0 | ₹0 |
| Total Comprehensive Income | -₹3.23 Cr | ₹1.89 Cr | ₹1.73 Cr | ₹1.46 Cr | ₹3.44 Cr | ₹1.01 Cr | ₹65.22 Lakh | ₹97.37 Lakh |
| EBITDA (computed) | ₹2.99 Cr | ₹3.73 Cr | ₹2.98 Cr | ₹2.63 Cr | ₹3.22 Cr | ₹2.2 Cr | ₹1.67 Cr | ₹1.74 Cr |
| Basic EPS | ₹-1.96 | ₹1.44 | ₹1.32 | ₹1.11 | ₹2.61 | ₹0.76 | ₹0.49 | ₹0.74 |
| Diluted EPS | ₹-1.96 | ₹1.44 | ₹1.32 | ₹1.11 | ₹2.61 | ₹0.76 | ₹0.49 | ₹0.74 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| PLASTIC | ₹15.35 Cr | ₹1.06 Cr | ₹71.12 Cr | ₹52.62 Cr |
| HYGIENE | ₹10.01 Cr | ₹1.72 Cr | ₹49.16 Cr | ₹49.21 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| PLASTIC | ₹54.03 Cr | ₹6.27 Cr | - | - |
| HYGIENE | ₹26.55 Cr | ₹5.99 Cr | - | - |
Shareholding Pattern of Raaj Medisafe India Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 73.80%, retail and other public shareholders hold 26.20% of Raaj Medisafe India Limited. The company had 7,770 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 73.80% | 73.80% | 73.80% | 73.44% | 73.44% | 73.44% |
| Public | 26.20% | 26.20% | 26.20% | 26.56% | 26.56% | 26.56% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 73.80% | 73.44% | 73.45% |
| Public | 26.20% | 26.56% | 26.55% |
| Promoter change (YoY, %pts) | +0.36 | -0.01 | - |
Charges & Borrowings of Raaj Medisafe India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2026 | Sidbi | ₹1.96 Cr | Open |
| 14 Nov 2025 | Others | ₹12 Cr | Open |
| 29 Oct 2025 | Others | ₹20 Lakh | Open |
| 14 Mar 2024 | Others | ₹49.06 Cr | Open |
| 12 Jun 2018 | Hdfc Bank Limited | ₹47.9 Cr | Open |
Total charge records: 14 View all charges
Employees and EPFO Compliance at Raaj Medisafe India Limited
Raaj Medisafe India Limited has a workforce of 36 employees as of Apr 08, 2024.
Employee and EPFO history for Raaj Medisafe India Limited
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GST Compliance of Raaj Medisafe India Limited
GST registrations and filing compliance for Raaj Medisafe India Limited
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Credit Ratings, Litigation & Regulatory Alerts for Raaj Medisafe India Limited
Credit ratings, litigation, and regulatory alerts for Raaj Medisafe India Limited
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MSME Payment Delays by Raaj Medisafe India Limited
MSME payment history for Raaj Medisafe India Limited
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Subsidiaries & Group Companies of Raaj Medisafe India Limited
Corporate group structure for Raaj Medisafe India Limited
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MCA Filings & Documents of Raaj Medisafe India Limited
MCA filings and documents for Raaj Medisafe India Limited
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Recent Activity on Raaj Medisafe India Limited
Recent News on Raaj Medisafe India Limited
Frequently Asked Questions about Raaj Medisafe India Limited
Raaj Medisafe India Limited is an active public limited company in the healthcare sector based in Ujjain, Madhya Pradesh, India. It was incorporated on 12 September 1985 (41+ years old) and is registered under CIN L33112MP1985PLC003039. Listed on BSE: 524502. The company has 36 employees.
Raaj Medisafe India Limited reported revenue of ₹80.01 Cr for FY 2026 (up 28.19% YoY) based on standalone BSE filings.
The current directors of Raaj Medisafe India Limited are:
- Rakesh Agrawal - Director
- Navin Jhawar - Whole-Time Director
- Arpit Bangur - Managing Director
- Krishna Jajoo - Director
- Hemant Kasliwal - Director
- Ateet Agrawal - Director
The primary industry of Raaj Medisafe India Limited is healthcare. The company specifically operates in medical consumables and supplies. The company is currently active in this sector.
Yes. Raaj Medisafe India Limited is listed on BSE with code 524502.
Raaj Medisafe India Limited can be reached at the registered office: 752 And 3 Industrial Area Maksi Road, Ujjain, Madhya Pradesh, India – 456010, or through the website medisafeindia.com.