About Tablets (India) Ltd
Data last updated:
Tablets (India) Ltd is a public limited company based in Chennai, Tamil Nadu, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 12 July 1938 and has been in existence for over 88 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24231TN1938PLC002883. Its GSTIN is 33AAACT7987L1ZP (Tamil Nadu). The company holds 20 GST registrations, of which 15 are active.
The company has an authorised share capital of ₹1.95 Cr and a paid-up capital of ₹38.69 Lakh. It is led by directors including Ravi Muthuvalathan (Whole-Time Director) and Mullath Madhavan Unni (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Jhaver Centre R A Building IV Floor Old No.19 New No.72 Marshalls Road, Chennai, Tamil Nadu, India – 600008.
As per the financials filed for FY 2025, the company reported a revenue of ₹667.39 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹122.19 Cr (net margin 18.3%) and EBITDA of ₹142.76 Cr (EBITDA margin 21.4%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 10% over five years.
The company has about 2,082 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Tablets India. As per MCA filings, the company has open charges of ₹57.68 Cr and satisfied charges of ₹63.43 Cr on record. Court records list 238 cases involving the company, including 179 filed by the company and 59 filed against it; 24 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 tabletsindia.com.
Company details
Contact details
Tablets (India) Ltd's registered office is in Chennai, Tamil Nadu. Its website is tabletsindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressJhaver Centre R A Building IV Floor Old No.19 New No.72 Marshalls Road, Chennai, Tamil Nadu, India – 600008
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Tablets (India) Ltd, buy the company report.
- 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
Brands
Tablets (India) operates one associated brand: Tablets India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solid-based drugs are manufactured by Tablets India as a CDMO. | tabletsindia.com |
Business activity
The main business activities of Tablets (India) are manufacturing and trade. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and wholesale trading. 2 activity segments are registered with the MCA.
| 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 | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Tablets (India) Ltd, buy the company report.
Financials of Tablets (India) Ltd
FY 2025 filings availableTablets (India) Ltd reported revenue of ₹667.39 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 9% growth in the latest year. EBITDA rose 3% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹667.39 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹142.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹122.19 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 21.4% | ||||
| Net Profit Margin | 18.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Tablets (India) Ltd, buy the company report.
Board of directors of Tablets (India) Ltd
Tablets (India) has 6 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishor Lal Daga Also directs: Daga Shelters LLP, Oaklands Properties Private Limited, Kesar Wood Properties Private Limited and 2 more | Director | 25 Mar 2015 | 11 Years 7 Months | Current |
| Ravi Muthuvalathan | Whole-Time Director | 17 Jun 2022 | 4 Years 4 Months | Current |
| Shakuntala Daga | Director | 29 Aug 2018 | 8 Years 2 Months | Current |
| Venkatasubramaniam Visweswaran | Director | 15 Dec 2021 | 4 Years 10 Months | Current |
| Murali Madhavan | Director | 15 Dec 2021 | 4 Years 10 Months | Current |
| Mullath Madhavan Unni | Whole-Time Director | 24 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Tablets (India) Ltd 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 |
|---|---|---|---|---|---|---|
| Sanofi-Synthelabo (India) Private Limited | ₹729.49 Cr (FY 2020) | 16.0% | Mumbai, Maharashtra, India | |||
| Apotex Research Private Limited | ₹727.34 Cr (FY 2025) | 22.0% | Jigani Hobli, Karnataka, India | |||
| Servier India Private Limited | ₹685.38 Cr (FY 2025) | 35.0% | Mumbai, Maharashtra, India | |||
| Wallace Pharmaceuticals Private Limited | ₹673.06 Cr (FY 2025) | 16.0% | Goa, India | |||
| Tablets (India) Ltdthis company | ₹667.39 Cr (FY 2025) | ₹122.19 Cr | 18.3% | 9.0% | 2,082 | Chennai, Tamil Nadu, India |
| Theon Pharmaceuticals Limited | ₹633.1 Cr (FY 2025) | 4.0% | Chandigarh, India |
To see the full peer comparison of Tablets (India) Ltd, buy the company report.
Auditor
Tablets (India) Ltd is audited by M.C.Ranganathan & Co for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.C.Ranganathan & Co | FY 2025 | 003061S |
Shareholding
The shareholding of Tablets (India) Ltd is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tablets (India) Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2025 | 101204008 | Axis Bank Limited | ₹7.5 Cr | Open | |
| 25 Jul 2022 | 100599570 | Others | ₹17.7 Lakh | Open | |
| 13 May 2021 | 100452823 | Others | ₹5 Cr | Open | |
| 28 Apr 2021 | 100451024 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 24 Jul 2012 | 10368034 | Citi Bank N.A. | ₹15 Cr | Open |
To see the full charge records of Tablets (India) Ltd, buy the company report.
Total charge records: 16 View all charges
Legal cases
Tablets (India) Ltd has 238 court cases on record: 179 filed by Tablets (India), 59 filed against it. 24 cases are pending and 214 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 119 | 33 | 9 |
| District courts | 112 | 21 | 15 |
| Supreme Court | 6 | 5 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 238)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (CO) | Filed against the company by Dalhousie Holdings Limited | Pending |
| District court, Chennai, Tamil Nadu | Criminal case | Filed by the company against Navah Farms Private Limited Rep by Its Directors Ravichandra Kumar Balla Samarendra Kumar Mohanty | Pending |
| Calcutta High Court | Court case (CO) | Filed against the company by Itc Ltd | Disposed |
| High Court | Court case ((T)CMA(TM)) | Filed against the company by Lupin Limited | Disposed |
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
To see the full case history of Tablets (India) Ltd, 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.
Credit ratings & regulatory alerts
Tablets (India) Ltd was last rated by Icra on 28 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 28 Oct 2021 |
To see the full credit ratings and regulatory alerts of Tablets (India) Ltd, buy the company report.
MSME payment delays
Tablets (India) Ltd has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 4 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ansari Estate Private Limited |
To see the full MSME payment records of Tablets (India) Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Tablets (India) has 3 associated companies. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
Employees & EPFO
Tablets (India) Ltd has a workforce of 2,082 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
GST
Tablets (India) has 20 GST registrations: 15 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACT7987L1ZP | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAACT7987L3ZN | Tamil Nadu | Active | 07 Mar 2025 |
| 02AAACT7987L1ZU | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AAACT7987L1ZS | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tablets (India) Ltd, buy the company report.
Recent activity
Tablets (India) Ltd has 24 board changes on record since 2007: 6 appointments and 18 cessations. The latest: Mullath Madhavan Unni was appointed as Whole-Time Director on 24 Mar 2025.
47 earlier events are in the company report.
Frequently asked questions
Tablets (India) is an active public limited company based in Chennai, Tamil Nadu, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 12 July 1938 (88+ years old) and is registered under CIN U24231TN1938PLC002883.
Tablets (India) has 6 current directors:
- Ravi Muthuvalathan - Whole-Time Director
- Mullath Madhavan Unni - Whole-Time Director
- Kishor Lal Daga - Director
- Shakuntala Daga - Director
- Venkatasubramaniam Visweswaran - Director
- Murali Madhavan - Director
The latest financial statements of Tablets (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tablets (India) is 33AAACT7987L1ZP, registered in Tamil Nadu. The company has 20 GST registrations in all, of which 15 are active and 5 are cancelled or inactive. Other active GSTINs include 33AAACT7987L3ZN (Tamil Nadu), 02AAACT7987L1ZU (Himachal Pradesh), 03AAACT7987L1ZS (Punjab).
The CIN (Corporate Identification Number) of Tablets (India) is U24231TN1938PLC002883. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tablets (India) has 238 court cases on record: 179 filed by the company and 59 filed against it. 24 are pending. Most are in the high courts.
Tablets (India) was incorporated on 12 July 1938, making it 88+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Tablets (India) by revenue are Sanofi-Synthelabo (India) Private Limited, Apotex Research Private Limited, Servier India Private Limited, Wallace Pharmaceuticals Private Limited, Theon Pharmaceuticals Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Mullath Madhavan Unni was appointed as Whole-Time Director on 24 Mar 2025. Mullath Madhavan Unni ceased to be Additional Director on 24 Mar 2025. Ravi Muthuvalathan ceased to be Additional Director on 28 Sep 2022. Tablets (India) has 24 board changes on record in total.
Tablets (India) has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 31 Oct 2019.
Tablets (India) can be reached through the website tabletsindia.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Tablets (India) is at Jhaver Centre R A Building IV Floor Old No.19 New No.72 Marshalls Road, Chennai, Tamil Nadu, India – 600008.
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