Medico Remedies Profile
Key Indicators
- Authorised Capital ₹ 17.00 Cr
as on 29-06-2024
- Paid Up Capital ₹ 16.60 Cr
as on 29-06-2024
- Company Age 30 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 42.70 Cr
as on 29-06-2024
- Satisfied Charges ₹ 39.66 Cr
as on 29-06-2024
- Revenue 17.34%
(FY 2023)
- Profit 48.09%
(FY 2023)
- Ebitda 33.42%
(FY 2023)
- Net Worth 17.48%
(FY 2023)
- Total Assets 14.78%
(FY 2023)
About Medico Remedies
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540937.
The Corporate was formerly known as Medico Remedies P Ltd. The Company is engaged in the Pharma Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 17.00 Cr and a paid-up capital of Rs 16.60 Cr.
The company currently has active open charges totaling ₹42.70 Cr. The company has closed loans amounting to ₹39.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Medico Remedies Limited India are Dinesh Modi as COMPANY SECRETARY and Haresh Mehta as Cfo. Bharat Rathod, Rishit Mehta, Ramesh Rughani, and Five other members serve as directors at the Company.
- CIN/LLPIN
L24230MH1994PLC077187
- Company No.
077187
- Stock Symbol
BSE : 540937
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
18 Mar 1994
- Date of AGM
24 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Medico Remedies Limited offer?
Medico Remedies Limited offers a wide range of products and services, including Cardiovascular Drugs & Medication, Antidiabetic Medicine, Nutraceuticals & Dietary Supplements, Fitness Supplements, Mineral Supplement, Common Disease Medicines, Antihistamines, Digestive System Drugs & Medicines, Antacid Drugs, Brain & Nervous System Drugs.
Who are the key members and board of directors at Medico Remedies?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dinesh Modi  | Company Secretary | 11-Feb-2019 | Current |
| Haresh Mehta | CFO | 01-Sep-2017 | Current |
| Harshit Mehta | Managing Director | 14-Dec-2011 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rishit Mehta | Whole-Time Director | 12-Mar-2015 | Current |
| Ramesh Rughani | Director | 25-Sep-2017 | Current |
| Deepesh Shah | Director | 22-Apr-2022 | Current |
| Bharat Rathod | Director | 25-Sep-2017 | Current |
| Deepak Vekaria | Director | 25-Sep-2017 | Current |
| Rita Mehta | Director | 08-Dec-1999 | Current |
Financial Performance and Corporate Structure Insights of Medico Remedies.
Medico Remedies Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.34% increase. The company also saw a substantial improvement in profitability, with a 48.09% increase in profit. The company's net worth Soared by an impressive increase of 17.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Medico Remedies?
In 2023, Medico Remedies had a promoter holding of 73.34% and a public holding of 26.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 20 Dec 2018 | ₹24.08 Cr | Open |
Others Creation Date: 31 Jul 2018 | ₹18.62 Cr | Open |
Others Creation Date: 31 Aug 2019 | ₹2.75 Cr | Satisfied |
How Many Employees Work at Medico Remedies?
Medico Remedies has a workforce of 70 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Medico Remedies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Medico Remedies's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
