Morepen Laboratories Limited

This company operates in four segments: API, domestic formulations, diagnostics, and OTC.

1984 | Solan, Himachal Pradesh (India) | Active
Last Updated:

Morepen Laboratories Profile

Key Indicators

  • Authorised Capital ₹ 250.00 Cr
  • Paid Up Capital ₹ 109.58 Cr
  • Company Age 40 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 108.48 Cr
  • Satisfied Charges ₹ 2,545.00 Cr
  • Revenue Growth 15.28%
  • Profit Growth 139.88%
  • Ebitda 109.42%
  • Net Worth 13.96%
  • Total Assets 15.72%

About Morepen Laboratories

Morepen Laboratories Limited (MLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 December 1984 and has a history of 40 years and five months. Its registered office is in Solan, Himachal Pradesh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500288 and on the National Stock Exchange(NSE) under MOREPENLAB.

The Corporate was formerly known as Morepen Laboratories Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 250.00 Cr and a paid-up capital of Rs 109.58 Cr.

The company currently has active open charges totaling ₹108.48 Cr. The company has closed loans amounting to ₹2,545.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Morepen Laboratories Limited India are Ajay Sharma as CFO and Vipul Srivastava as Company Secretary. Sushil Suri, Sanjay Suri, Ranjit Khattar, and Three other members serve as directors at the Company.

Company Details

  • Location

    Solan, Himachal Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24231HP1984PLC006028

  • Company No.

    006028

  • Stock Symbol

    BSE : 500288 NSE : MOREPENLAB

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Dec 1984

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Himachal Pradesh

Industry

Pharma

What products or services does Morepen Laboratories Limited offer?

Morepen Laboratories Limited offers a wide range of products and services, including Devices, Blood Glucose Monitors.

Company report

Morepen Laboratories Limited

Explore comprehensive data for Morepen Laboratories Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Morepen Laboratories?

Executive Team (3)

NameDesignationAppointment DateStatus
Vipul Srivastava Country flag representing In Company Secretary12-Nov-2018Current
Sushil Suri Country flag representing In Managing Director20-Oct-2015Current
Ajay Sharma Country flag representing In CFO09-Aug-2014Current

Board Members (5)

NameDesignationAppointment DateStatus
Sanjay Suri Country flag representing In Whole-Time Director 13-Aug-2019Current
Ranjit Khattar Country flag representing In Director 12-Aug-2024Current
Sharad Jain Country flag representing In Director 27-Aug-2024Current
Praveen Kumar Country flag representing In Director 13-Aug-2019Current
Savita Country flag representing In Director 22-Jun-2020Current

Financial Performance of Morepen Laboratories.

Morepen Laboratories Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 15.28% increase. The company also saw a substantial improvement in profitability, with a 139.88% increase in profit. The company's net worth Soared by an impressive increase of 13.96%.

Morepen Laboratories revenue growth over time
Morepen Laboratories profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
15.28%
Revenue from Operations
14.84%
Total Assets
15.72%
Profit or Loss
139.88%
Net Worth
13.96%
EBITDA
109.42%

What is the Ownership and Shareholding Structure of Morepen Laboratories?

In 2024, Morepen Laboratories had a promoter holding of 38.22% and a public holding of 61.77%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹108.48 Cr

Satisfied Charges

₹2,545.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 108.48 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jan 2025Others₹4.77 MOpen
29 Dec 2024Others₹3.14 MOpen
27 Dec 2024Others₹99.00 CrOpen
29 Nov 2024Others₹2.94 MOpen
29 Nov 2024Others₹3.00 MOpen

How Many Employees Work at Morepen Laboratories?

Morepen Laboratories has a workforce of 557 employees as of Apr 07, 2025. 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.

Employee growth trends for Morepen Laboratories Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Morepen Laboratories, 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 Morepen Laboratories's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Morepen Laboratories

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.48 Cr with Charge ID 101049129 was registered on 21 Jan 2025.

  • Charges

    A charge with Others of Rs. 99.00 Cr registered on 27 Dec 2024 with Charge ID 101029026 was modified on 20 Jan 2025.

  • Charges

    A charge registered on 22 Dec 2021 via Charge ID 100534187 with Others was fully satisfied on 09 Jan 2025.

  • Charges

    A charge registered on 26 Aug 2021 via Charge ID 100494523 with Others was fully satisfied on 08 Jan 2025.

  • Charges

    A charge with Others amounted to Rs. 0.31 Cr with Charge ID 101053012 was registered on 29 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 99.00 Cr with Charge ID 101029026 was registered on 27 Dec 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Morepen Laboratories Limited?

    Morepen Laboratories Limited was incorporated on 01 Dec 1984.

  • What is authorized share capital and paid-up capital of Morepen Laboratories Limited?

    The authorized share capital of Morepen Laboratories Limited is ₹ 250.00 Cr and paid-up capital is ₹ 109.58 Cr.

  • Who are the current board members & directors of Morepen Laboratories Limited?

    Currently 8 directors are associated with Morepen Laboratories Limited.

    • Sushil Suri
    • Sanjay Suri
    • Ranjit Khattar
    • Sharad Jain
    • Praveen Dutt Kumar
    • Savita
    • Ajay Kumar Sharma
    • Vipul Kumar Srivastava

  • What is the registered address of Morepen Laboratories Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Morepen Laboratories Limited is Village Morepen Nalagarh Road Near Baddi Distt Solan India, Himachal Pradesh, 173205.

  • What is the corporate identification number (CIN) and company number of Morepen Laboratories Limited?

    The corporate identification number (CIN) of Morepen Laboratories Limited is L24231HP1984PLC006028 and the company number is 006028 as per Ministry of Corporate Affairs (MCA).

  • Is Morepen Laboratories Limited registered with any stock exchange in India?

    Yes, Morepen Laboratories Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MOREPENLAB.

  • What is the official website of Morepen Laboratories Limited?

    The Official website of Morepen Laboratories Limited is https://www.morepen.com

  • What has been the recent revenue trend for Morepen Laboratories Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Morepen Laboratories Limited has risen by 15.28%.

  • How many employees does Morepen Laboratories Limited currently have?

    As Per 2024 financial reports, 557 employees are currently employed by Morepen Laboratories Limited.

  • What change has been observed in the net worth of Morepen Laboratories Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Morepen Laboratories Limited has experienced an upsurge of 13.96%.

  • What are the total open charges for Morepen Laboratories Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Morepen Laboratories Limited amount to ₹ 108.48 Cr.

  • When was the last Balance Sheet of Morepen Laboratories Limited filed with the ROC?

    The most recent Balance Sheet for Morepen Laboratories Limited was filed with the ROC on 31 Mar 2024.

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