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INDOCO REMEDIES LIMITED

www.indoco.com
Active
Updated: 18 Sep 2025

The company manufactures and sells formulations and active pharmaceutical ingredients in India and internationally.

Indoco Remedies Limited, is a listed public company incorporated on 23 August, 1947. It is classified as a public limited company and is located in , Maharashtra. It's authorized share capital is INR 25.00 cr and the total paid-up capital is INR 18.45 cr.

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Subscription Plans
Industry and products
Health and Social Work
  • Active Pharmaceutical Ingredient (API) and pharma products.
Company size
Auth Capital
₹ 25.0 Cr
Paidup Capital
₹ 18.4 Cr
Revenue
₹ 1750-2000 cr
# Key metrics of Indoco Remedies Limited - All rupee values in INR crores. Based on March 2024 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 25.0 Cr | | | Paidup Capital | ₹ 18.4 Cr | | | Revenue | ₹ 1750-2000 cr | | | Total Revenue | Details available with Tofler Pro subscription | 7.81% | | EBITDA | Details available with Tofler Pro subscription | -9.44% | | Net Profit | Details available with Tofler Pro subscription | -17.49% | | Networth | Details available with Tofler Pro subscription | 9.7% | | Borrowings | Details available with Tofler Pro subscription | 57.98% | | Assets | Details available with Tofler Pro subscription | 18.13% | | Gross Margin | Details available with Tofler Pro subscription | 0.77 | | Operating Margin | Details available with Tofler Pro subscription | -2.68 | | Net Profit Margin | Details available with Tofler Pro subscription | -1.99 | | Return on Equity | Details available with Tofler Pro subscription | -3.41 | | ROCE | Details available with Tofler Pro subscription | -4.22 | | Debt to Equity | Details available with Tofler Pro subscription | 0.13 |
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue
7.81%
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EBITDA
-9.44%
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Net Profit
-17.49%
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Networth
9.7%
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Borrowings
57.98%
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Assets
18.13%
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Gross Margin
0.77
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Operating Margin
-2.68
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Net Profit Margin
-1.99
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Return on Equity
-3.41
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ROCE
-4.22
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Debt to Equity
0.13
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Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (47)
State Type Address

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People

Designation Name DIN/PAN Tenure
Director Suresh Govind Kare
Shareholder
00179220 62 years
Managing Director Sundeep Vasant Bambolkar
Shareholder
00176613 22 years
Managing Director Aditi Milind Panandikar
Shareholder
00179113 22 years
Director Anand Madhusudan Nadkarni 06881461 11 years
Director Vasudha Vasant Kamat 07500096 6 years
Director Abhijit Yashawant Gore
Shareholder
00301688 5 years
Director Satish Madhav Shenoy 00230711 2 years
Director Ajay Prasan Mulgaokar 10457626 2 years

Financial Highlights

Financials upto March 2024 available in Tofler Pro
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%

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Total assets

Charges on assets

Bank wise
Charges
1

HDFC Bank Limited

No. of Loans: 7

Total Amount : 459.0 cr

2

SARASWAT CO-OPERATVE BANK LTD

No. of Loans: 1

Total Amount : 50.0 cr

3

THE SARASWAT COOPERATIVE BANK

No. of Loans: 1

Total Amount : 50.0 cr

4

Saraswat Co-operative Bank Ltd

No. of Loans: 1

Total Amount : 30.0 cr

5

DBS BANK INDIA LIMITED

No. of Loans: 1

Total Amount : 15.0 cr

6

SARASWAT COOP BANK LIMITED

No. of Loans: 1

Total Amount : 15.0 cr

7

IDBI Bank Limited

No. of Loans: 1

Total Amount : 14.0 cr

8

State Bank of India

No. of Loans: 1

Total Amount : 13.7 cr

9

Kotak Mahindra Bank Limited

No. of Loans: 1

Total Amount : 10.0 cr

10

CitiBank N.A.

No. of Loans: 1

Total Amount : 10.0 cr

11

Standard Chartered Bank

No. of Loans: 1

Total Amount : 10.0 cr

12

The Sarawat Co-operative Bank Limited

No. of Loans: 2

Total Amount : 7.0 cr

13

Members Secretary Himachal Pradesh

No. of Loans: 1

Total Amount : 0.3 cr

14

Canara Bank

No. of Loans: 2

Total Amount : 0.1 cr

15

THE MAHRASHRTRA STATE FINANCIAL CORPORATION

No. of Loans: 1

Total Amount : 0.0 cr

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Charges

HDFC Bank Limited
SARASWAT CO-OPERATVE BANK LTD
THE SARASWAT COOPERATIVE BANK
Saraswat Co-operative Bank Ltd
Others

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
WARREN PHARMACEUTICALS LIMITED
Amalgamated
200.0 3 Maharashtra
SPA HOLDINGS PRIVATE LIMITED
Active
62.0 L 2 Maharashtra
WARREN LABORATORIES LIMITED
Amalgamated
0.0 3 Maharashtra
INDOCO PHARMCHEM LIMITED
Strike Off
5.0 L 3 Maharashtra
SHREE HERBAL TECHNOLOGIES LIMITED
Amalgamated
5.0 L 3 Delhi
XTEND INDUSTRIAL DESIGNERS AND ENGINEERS PRIVATE LIMITED
Active
2.0 Cr 2 Maharashtra
INDOCO HEALTHCARE LIMITED
Amalgamated
4.9 Cr 3 Himachal Pradesh
INDOCO ANALYTICAL SOLUTIONS LLP
Strike Off
5.0 L 1 Maharashtra
WARREN REMEDIES PRIVATE LIMITED
Active
15.0 Cr 2 Maharashtra
LA NOVA CHEM (INDIA) PRIVATE LIMITED
Amalgamated
1.0 L 3 Maharashtra
AMEYA PHARMACEUTICALS AND CHEMICALS PRIV ATE LIMITED
Amalgamated
40.0 2 Maharashtra
SHANTERI INVESTMENT PRIVATE LIMITED
Active
10.0 L 2 Maharashtra
INDOCO CAPITAL MARKETS LIMITED
Active
5.0 L 1 Maharashtra
CHAV HOSPITALITY SERVICES PRIVATE LIMITED
Strike Off
1.0 L 1 Maharashtra
VIBHAV REALTORS PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
JMP ADVISORS PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
VEENA PATIL HOSPITALITY PRIVATE LIMITED
Active
11.6 Cr 1 Maharashtra
TAPAS ELDER CARE FOUNDATION
Active
1.0 L 1 Maharashtra

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
XTEND INDUSTRIAL DESIGNERS AND ENGINEERS PRIVATE LIMITED Maharashtra 1995 ₹ 2.0 Cr
Indoco Remedies Czech sro Czech Republic - -
Indoco Remedies UK Limited United Kingdom - -
WARREN REMEDIES PRIVATE LIMITED Maharashtra 2022 ₹ 15.0 Cr
FPP Holding Company, LLC United States - -
Indoco Remedies Czech S.R.O. Czech Republic - -

Tofler Score

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Risk

Severe Risk
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Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Registered Details

CIN

L85190MH1947PLC005913

PAN

AAACI0380C

Incorporation

1947, 78.1 years

Company Email

ramanathan.hariharan@indoco.com

Paid up Capital

₹ 18.4 Cr

Authorised Capital

₹ 25.0 Cr

AGM

Sep 2024

Type

Public
Others

FAQ - INDOCO REMEDIES LIMITED

What is the incorporation date of INDOCO REMEDIES LIMITED?

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The incorporation date of INDOCO REMEDIES LIMITED is 23 August, 1947

What is the authorized share capital of INDOCO REMEDIES LIMITED?

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The authorized share capital of INDOCO REMEDIES LIMITED is INR ₹ 25.0 Cr.

What is the paid-up capital of INDOCO REMEDIES LIMITED?

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The paid-up capital of INDOCO REMEDIES LIMITED is INR ₹ 18.4 Cr.

What is the registered address of INDOCO REMEDIES LIMITED?

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The registered address of INDOCO REMEDIES LIMITED is INDOCO HOUSE 166 CST ROADVIDYANAGARI MARG KALINA SANTACRUZ EAST, MUMBAI, Maharashtra, India, 400098 - 400098

What is the CIN number of INDOCO REMEDIES LIMITED?

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The CIN number of INDOCO REMEDIES LIMITED is L85190MH1947PLC005913.

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