
About Zeon Lifesciences Limited
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Zeon Lifesciences Limited is a public limited company based in Himachal Pradesh, India. It operates in the preventive health supplements segment of the healthcare sector. It was incorporated on 13 March 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U15209HP1987PLC007355. Its GSTIN is 02AAACH0860L3ZU (Himachal Pradesh). The company holds 13 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.88 Cr. It was formerly known as Himachal Milk Specialities Limited and Himachal Milk Specialities Private Limited. It is led by directors including Suresh Garg (Managing Director) and Rani Garg (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Vill Kunja Rampur Roadpaonta Sahib Distt Sirmour, Himachal Pradesh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹226.25 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹12.52 Cr (net margin 5.5%) and EBITDA of ₹26.86 Cr (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 10% over five years.
The company has about 583 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Scot Derma and Zeon lifesciences. As per MCA filings, the company has open charges of ₹41.48 Cr and satisfied charges of ₹58.9 Cr on record. Court records list 32 cases involving the company, including 16 filed by the company and 16 filed against it; 9 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 zeonlifesciences.com.
Company details
Name history
Zeon Lifesciences has undergone 3 name changes throughout its history. The company was previously known as Himachal Milk Specialities Limited, Himachal Milk Specialities Private Limited, and Mahaan Dairies Limited. The current legal name is Zeon Lifesciences Limited.
| Company Name | Status |
|---|---|
| Zeon Lifesciences Limited | Current |
| Himachal Milk Specialities Limited | Previous |
| Himachal Milk Specialities Private Limited | Previous |
| Mahaan Dairies Limited | Previous |
CIN history
Zeon Lifesciences has one previous CIN (Corporate Identification Number): L15209HP1987PLC007355. The current CIN is U15209HP1987PLC007355, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15209HP1987PLC007355 | Current |
| L15209HP1987PLC007355 | Previous |
Contact details
Zeon Lifesciences Limited's registered office is in Himachal Pradesh. Its website is zeonlifesciences.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVill Kunja Rampur Roadpaonta Sahib Distt Sirmour, Himachal Pradesh, India
- IndustryHealthcare, Preventive Health Supplements, Ayurvedic Products & Services
To see the full contact details of Zeon Lifesciences Limited, 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
Zeon Lifesciences operates two associated brands: Scot Derma and Zeon lifesciences. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers dermatology products and franchise opportunities for skin care in India. | scotderma.com | |
| Manufacturer of nutraceutical and herbal products | zeonlifesciences.com |
Business activity
The main business activity of Zeon Lifesciences 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 Zeon Lifesciences Limited, buy the company report.
Financials of Zeon Lifesciences Limited
FY 2024 filings availableZeon Lifesciences Limited reported revenue of ₹226.25 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 1% growth in the latest year. EBITDA fell 29% 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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| EBITDA | ₹26.86 Cr | ||||
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| Net Profit (PAT) | ₹12.52 Cr | ||||
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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 | 11.9% | ||||
| Net Profit Margin | 5.5% | ||||
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To see the full financial statements and ratios of Zeon Lifesciences Limited, buy the company report.
Board of directors of Zeon Lifesciences Limited
Zeon Lifesciences has 7 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rani Garg | Whole-Time Director | 10 Sep 1987 | 39 Years 1 Months | Current |
| Vinod Sharma | Director | 15 May 2013 | 13 Years 5 Months | Current |
| Varinder Kumar Bhatia | Director | 04 Apr 2009 | 17 Years 7 Months | Current |
| Guman Singh | Director | 30 Sep 2019 | 7 Years 1 Months | Current |
| Shubham Sharma | Director | 30 Sep 2019 | 7 Years 1 Months | Current |
| Suresh Garg | Managing Director | 13 Mar 1987 | 39 Years 7 Months | Current |
Peer comparison
Zeon Lifesciences Limited is compared with the 4 companies closest to it by revenue in the Healthcare industry (Ayurvedic Products and Services, Lifesciences, Preventive Healthcare Supplements), 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 |
|---|---|---|---|---|---|---|
| Bio-Gen Extracts Private Limited | ₹243.99 Cr (FY 2025) | 12.0% | Bangalore, Karnataka, India | |||
| Western Drugs Limited | ₹235.63 Cr (FY 2025) | 7.0% | Udaipur, Rajasthan, India | |||
| Zeon Lifesciences Limitedthis company | ₹226.25 Cr (FY 2025) | ₹12.52 Cr | 5.5% | 1.0% | 583 | Himachal Pradesh, India |
| Charak Pharma Private Limited | ₹223.05 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Akums Lifesciences Limited | ₹222.57 Cr (FY 2023) | 60.0% | Chandigarh, India |
To see the full peer comparison of Zeon Lifesciences Limited, buy the company report.
Auditor
Zeon Lifesciences Limited is audited by DATTA SINGLA & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DATTA SINGLA & CO | FY 2024 | 006185N |
Shareholding
The shareholding of Zeon Lifesciences 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 Zeon Lifesciences Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 2024 | 101057017 | Others | ₹1.48 Cr | Open | |
| 07 Nov 2017 | 100144614 | State Bank of India | ₹40 Cr | Open | |
| 23 May 2017 | 100099669 | Others | ₹50 Lakh | Satisfied | |
| 31 Jul 2013 | 10446322 | Intec Capital Limited | ₹1.4 Cr | Satisfied | |
| 25 May 2011 | 10287791 | S. E. Investments Limited | ₹2 Cr | Satisfied |
To see the full charge records of Zeon Lifesciences Limited, buy the company report.
Total charge records: 27 View all charges
Legal cases
Zeon Lifesciences Limited has 32 court cases on record: 16 filed by Zeon Lifesciences, 16 filed against it. 9 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 17 | 8 | 2 |
| District courts | 14 | 7 | 6 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2406-Indirect Taxation : Goods and Services Tax, Integrated Goods and Services Tax, State Goods and Services Tax, UT Goods and Services Tax.) | Filed against the company by Chief Secretary, Government of Delhi and 6 others | Pending |
| District court, Sirmaur, Himachal Pradesh | Cheque dishonour complaint | Filed by the company against Walnut Healthcare Private Limited | Pending |
| District court, Sirmaur, Himachal Pradesh | Cheque dishonour complaint | Filed by the company against Him Herbs and Fruits Processing Pvt. Ltd. Etc. | Disposed |
| District court, Sirmaur, Himachal Pradesh | Cheque dishonour complaint | Filed by the company against Amra Remedies Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against Amra Remedies Ltd and 4 others | Disposed |
To see the full case history of Zeon Lifesciences 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.
Credit ratings & regulatory alerts
Zeon Lifesciences Limited was last rated by Crisil on 12 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 12 Nov 2020 |
To see the full credit ratings and regulatory alerts of Zeon Lifesciences Limited, buy the company report.
MSME payment delays
Zeon Lifesciences Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 104 overdue payments to 31 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 31)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| J.J.Enterprises | |||
| Ambe Phytoextracts Private Limited | |||
| Sudeep Pharma Limited | |||
| Sridurga Sales Corporation |
To see the full MSME payment records of Zeon Lifesciences Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Zeon Lifesciences has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Biotic Healthcare Private Limited | U24233PB2015PTC039853 |
To see the full group structure of Zeon Lifesciences Limited, buy the company report.
Employees & EPFO
Zeon Lifesciences Limited has a workforce of 583 employees on its EPFO records as of Mar 27, 2024, across 2 active EPFO establishments.
GST
Zeon Lifesciences has 13 GST registrations: 6 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAACH0860L3ZU | Himachal Pradesh | Active | 01 Jul 2017 |
| 02AAACH0860L6ZR | Himachal Pradesh | Active | 01 Jul 2017 |
| 02AAACH0860L7ZQ | Himachal Pradesh | Active | 01 Jul 2017 |
| 02AAACH0860L8ZP | Himachal Pradesh | Active | 11 Oct 2017 |
To see the full GST registrations and return filing status of Zeon Lifesciences Limited, buy the company report.
Recent activity
Zeon Lifesciences Limited has 32 board changes on record since 1987: 7 appointments and 25 cessations. The latest: Vijay Bhatia ceased to be Additional Director on 29 Sep 2024.
88 earlier events are in the company report.
News
Frequently asked questions
Zeon Lifesciences is an active public limited company based in Himachal Pradesh, India. The company works in preventive health supplements, within the healthcare industry. It was incorporated on 13 March 1987 (39+ years old) and is registered under CIN U15209HP1987PLC007355.
Zeon Lifesciences has 7 current directors:
- Suresh Garg - Managing Director
- Rani Garg - Whole-Time Director
- Vinod Sharma - Director
- Varinder Kumar Bhatia - Director
- Guman Singh - Director
- Shubham Sharma - Director
- Vijay Bhatia - Director
The latest financial statements of Zeon Lifesciences on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Zeon Lifesciences is 02AAACH0860L3ZU, registered in Himachal Pradesh. The company has 13 GST registrations in all, of which 6 are active and 7 are cancelled or inactive. Other active GSTINs include 02AAACH0860L6ZR (Himachal Pradesh), 02AAACH0860L7ZQ (Himachal Pradesh), 02AAACH0860L8ZP (Himachal Pradesh).
The CIN (Corporate Identification Number) of Zeon Lifesciences is U15209HP1987PLC007355. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zeon Lifesciences has 32 court cases on record: 16 filed by the company and 16 filed against it. 9 are pending. Most are in the high courts.
Zeon Lifesciences was incorporated on 13 March 1987, making it 39+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
The peers of Zeon Lifesciences by revenue are Bio-Gen Extracts Private Limited, Western Drugs Limited, Charak Pharma Private Limited, Akums Lifesciences Limited, all in the Healthcare industry (Ayurvedic Products and Services, Lifesciences, Preventive Healthcare Supplements), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Vijay Bhatia ceased to be Additional Director on 29 Sep 2024. Vijay Bhatia was appointed as Director on 13 Aug 2024. Suresh Garg ceased to be Managing Director on 30 Jun 2022. Zeon Lifesciences has 32 board changes on record in total.
Zeon Lifesciences has 13 MSME Form 1 returns on record between 2019 and 2024, listing 104 overdue payments to 31 micro and small suppliers. The latest return was filed on 24 Apr 2024.
Zeon Lifesciences can be reached through the website zeonlifesciences.com. Its registered office is in Himachal Pradesh, India.
The registered office of Zeon Lifesciences is at Vill Kunja Rampur Roadpaonta Sahib Distt Sirmour, Himachal Pradesh, India.

