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UNLISTED COMPANY PROFILE

MARTIN AND HARRIS LABORATORIES LIMITED

PHARMACEUTICALS LINE
INDICATIVE PRICE / SHARE
₹895
▲ +0.0% · 30-DAY
OTC REFERENCE PRICE · NOT AN OFFER TO DEAL
PRICE AS OF 02 SEPT 2026
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INDICATIVE PRICE HISTORY · DATED OBSERVATIONS SINCE 2024

PRICE HISTORY.

Use the left and right arrow keys to inspect dated observations. Home selects the first observation and End selects the latest.

₹1,300
₹850
02 Apr 2402 Apr 2602 Sept 26

ALL-TIME LOW
₹850
ALL-TIME HIGH
₹1,300
WINDOW
ALL
NOT A STOCK-EXCHANGE QUOTE · NOT AN OFFER TO DEAL
THE TIMETABLE · KEY NUMBERS

Key numbers

Published fundamentals and the date each figure was recorded.

CALCULATION METHOD →
Market cap
₹358 Cr
Indicative price × reported outstanding shares
Min. investment
₹13,425
Indicative price × lot size
Lot size
15
P/E ratio
5.39
P/B ratio
0.51
EPS
165.93
ROE
7.33%
Book value
₹1749.15
Face value
₹10
Debt / equity
0.03
Dividend yield
0.3%
ISIN
INE03VV01015
Company security identifier
THE BUSINESS · HOW IT EARNS

Martin and Harris Laboratories Ltd is a pharmaceutical company established in 1993. The company describes itself as engaged in research and manufacturing of finished dosage forms. It offers diversified products and drug-development and manufacturing solutions with value-added services. Its manufacturing units serve domestic and international markets and have experience making complex dosage forms and specialty formulations. The Roorkee facility, which began production in 2008, has manufacturing equipment operating with quality-control techniques under international guidelines. It makes tablets, capsules, dry syrup, liquid orals, ointments and drug powder and has a separate hormonal-products section; it also has newer finished-dosage-form technologies, including dispersible and modified-release tablets. The Gagret unit began production in 2010 and supports business continuity and capacity expansion. The company also says it collaborates with finished-dosage-form, API and contract-manufacturing organizations to commercialize technology in certain specialized products.

About this company

Martin and Harris Laboratories Limited is an India-based pharmaceutical company incorporated in 1993 and headquartered in Gurgaon, Haryana. It is associated with the Apeejay Stya & Svran group and operates in the manufacturing of pharmaceuticals, medicinal chemicals and botanical products, with manufacturing units in Himachal Pradesh and Uttarakhand. Alongside its core pharmaceutical formulations business, the company maintains a treasury and investment portfolio that contributes a notable share of its income. It is a long-established manufacturer that has not listed on a public stock exchange. As an unlisted company, its equity shares are not traded on the NSE or BSE and change hands privately. Investors should note that unlisted and pre-IPO shares carry higher risk and lower liquidity than listed securities, may be difficult to value or exit, and prices can vary widely between counterparties. This information is provided for general reference only and is not investment advice.

COMPANY AT A GLANCE
Sector linePharmaceuticals
SettlementNSDL / CDSL
Incorporated1993
Listing statusUnlisted / Pre-IPO
*INDICATIVE · TIMELINE MAY CHANGE · NOTHING FINAL UNTIL THE RHP

COMPANY REGISTRY · ON FILE

PUBLIC OR ADMIN-SUPPLIED DATA · VERIFY INDEPENDENTLY
CIN
U24239HR1993PLC033630
PAN
AABCM0832A
Incorporated
1993
Outstanding shares
39,96,040
Registered office
NH-8, Delhi Jaipur Highway, Village Pachgaon (Fazalwas), Distt. Gurgaon, Haryana 000000, India
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THE LOGBOOK · FINANCIALS BY YEAR

WHAT THE ENGINE HAS DONE.

AMOUNT UNIT NOT VERIFIEDFY22FY23FY24FY25
REVENUE18,60020,50014,61510,743
PAT7,0006,8004,0436,630
EPS (₹)175170101166
PAT MARGIN38%33%28%62%
CAUTION · AMOUNT UNIT AND FIELD-LEVEL SOURCES HAVE NOT BEEN VERIFIED · DO NOT RELY ON THESE FIGURES WITHOUT CHECKING THE COMPANY FILING

THE CREW · BOARD & MANAGEMENT

Sushma Paul Berlia
Co-Promoter / Chairperson (Apeejay Group)
Ajay Grover
Director
Gopal Krishnan Nigam
Director
Shankar Lakshman Laad
Director
Harman Singh Thakur
Director
COMPANY TIMELINE · EVENTS
Ashok Chandra (DIN 09764909) had a change in designation; the MGT-7 records the nature as Change in designation. (29 Sep 2023)
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THE GLOVEBOX · ANNUAL REPORTS
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NON-BINDING · NO PAYMENT · NOT AN OFFER TO DEAL
RESEARCH DESK · QUESTIONS

COMMON QUESTIONS.

Is Martin and Harris Laboratories Limited listed on the stock exchange?+

No. As of 2 September 2026, Martin and Harris Laboratories Limited is an unlisted company whose shares trade over-the-counter; it would list only if and when it completes an IPO.

What is the Martin and Harris Laboratories Limited unlisted share price?+

As of 2 September 2026, the indicative unlisted share price of Martin and Harris Laboratories Limited is ₹895 per share. This is an over-the-counter reference price, not a stock-exchange quote.

What indicative minimum amount is displayed for Martin and Harris Laboratories Limited unlisted shares?+

The displayed unit count is 15 share(s); at the indicative price of about ₹895, the displayed amount is approximately ₹13,425. This is a display convention, not evidence of inventory, an order minimum or a quote.

What is the ISIN of Martin and Harris Laboratories Limited?+

The recorded ISIN of Martin and Harris Laboratories Limited is INE03VV01015. An ISIN is a 12-character security identifier. Verify it against the issuer and the relevant depository record before using it for any transfer or documentation.

Is trading in Martin and Harris Laboratories Limited unlisted shares legal in India?+

Unlisted shares can be transferred off-market in India, but the legal, tax and compliance position depends on the security, parties, documents and current rules. Verify the intermediary, issuer restrictions and applicable requirements before proceeding.

Is there a lock-in period for unlisted shares?+

A post-listing lock-in may apply under the rules in force at the time. The period and any exemptions can depend on the holder and acquisition, so check the current regulation and the issuer's offer documents rather than relying on a generic period.

Do you guarantee returns?+

No. Unlisted shares carry higher risk and lower liquidity than listed shares. Returns depend on company performance, market conditions and future listing outcomes. This is information only, not investment advice.

SIMILAR COMPANY PROFILES
PHARMACEUTICALS LINE.
Prices shown are indicative over-the-counter reference prices, not an offer to deal. This page is information only and not investment advice. Unlisted shares carry higher risk and lower liquidity than listed shares. Settlement to your own demat account via NSDL / CDSL through registered intermediaries.
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