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The Maharashtra edition · 2026

Pharmaceutical distributorscompanies in Maharashtra

Generic drugs, ayurvedic, medical devices, APIs & manufacturing, startups and more: the companies building pharmaceutical distributors in Maharashtra, with their founders, funding, team size and business models.

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339 company profiles75 with reported revenue2 with recorded fundingOctober 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent pharmaceutical distributors business events in Maharashtra

Funding, M&A, contract wins and launches involving 392 pharmaceutical distributors companies in Maharashtra, last 24 months: 4 M&A deals · 2 Contracts · 1 funding round. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Announced

Niraj Rajnikant Shah acquires Speciality Medicines

Niraj Rajnikant Shah has signaled strong investor confidence in Speciality Medicines Ltd by planning to acquire 5,47,000 shares, increasing his stake to 6.22% of the company's total…

Pharmaceutical
M&AAcquisition · Announced

Entero Healthcare Solutions acquires Anand Chemiceutics

Entero Healthcare Solutions shares rose sharply following the company’s acquisition of a majority equity stake in Anand Chemiceutics.

Wholesale distribution of medical devices and related products
ContractSupply

Divis Lab · client: Global pharma

Divis Lab has formed an agreement with a global Pharma company for a long-term manufacturing and supply agreement for the Manufacturing and supply of advanced intermediates.

Pharmaceuticals
M&AAcquisition · Completed

Entero Healthcare Solutions acquires Medcords Healthcare Solutions

Entero has acquired the tech-driven Aayu Chemist app and Medcords platform from Medcords Healthcare Solutions.

FundingDirect placement

Avalon pharmaceuticals

Avalon in January raised about $10 million in a direct placement of 3 million shares at $3.34 per share.

Pharmaceuticals
ContractTechnology

Avalon pharmaceuticals · client: Immunogen

Avalon Pharmaceuticals Inc. and ImmunoGen Inc. entered a license agreement to develop antibody-based products based on genomic targets.

Biopharmaceutical
M&AAcquisition · Announced

Na acquires Entero Healthcare Solutions

Prasid Uno Family Trust sold 24 lakh shares or 5.5 per cent stake in Entero Healthcare Solutions for Rs 313 crore through open market transactions.

Healthcare

Pharmaceutical distributors companies in Maharashtra, by revenue

Browse pharmaceutical distributors companies in Maharashtra by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 75 pharmaceutical distributors companies in Maharashtra that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Operator of an integrated healthcare products distribution platform

Pharmaceutical distributors
₹5,135.28 crFY 2024-25
+30%2024–2025
511+10% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted May 2026

Pharmaceutical distribution company with a focus on healthcare distribution

Pharmaceutical distributors
₹540.81 crFY 2021-22
Not reported
394-17% 12 mo to Sep 2024recorded Sep 2024
94 yr1932
—No postings tracked

Pharmaceutical company specializing in the supplying and manufacturing of APIs

Pharmaceutical distributors
₹223.13 crFY 2023-24
+18%2023–2024
15LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Pharmaceutical distributor company

Pharmaceutical distributors
₹223.55 crFY 2024-25
+10%2024–2025
41-14% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Leading pharmaceutical and consumer distributor

Pharmaceutical distributors
₹218.49 crFY 2024-25
+20%2024–2025
10+4% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Diversified pharmaceutical distributor

Pharmaceutical distributors
₹212.41 crFY 2024-25
+7%2024–2025
6+2% 12 mo to Sep 2024LinkedIn · Jul 2026
33 yr1993
0none in 3 months

Distributor offering pharmaceutical raw material

Pharmaceutical distributors
₹169.90 crFY 2021-22
Not reported
—Not available
62 yr1964
—No postings tracked

Speciality Drug Distributor

Pharmaceutical distributors
₹154.02 crFY 2021-22
Not reported
178-19% 12 mo to Jul 2023recorded Jul 2023
51 yr1975
—No postings tracked

Pharmaceutical company supplying life-saving drugs and antibiotics

Pharmaceutical distributors
₹174.71 crFY 2024-25
+7%2024–2025
12+0% 12 mo to Sep 2024recorded Sep 2024
35 yr1991
0none in 3 months

Distributor of pharmaceutical products

Pharmaceutical distributors
₹153.97 crFY 2024-25
-14%2024–2025
6+0% 12 mo to Sep 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Provider of drugs distribution services

Pharmaceutical distributors
₹142.67 crFY 2024-25
+17%2024–2025
32-42% 12 mo to Sep 2024recorded Sep 2024
33 yr1993
0none in 3 months

Manufacturer of injectable, oral, and topical pharmaceutical formulations

Pharmaceutical distributors
₹117.23 crFY 2024-25
+22%2024–2025
139+40% 12 mo to Sep 2024recorded Sep 2024
18 yr2008
0none in 3 months

PET radiotracer manufacturing and distribution services

Pharmaceutical distributors
₹94.70 crFY 2024-25
+28%2024–2025
—Not available
36 yr1990
0none in 3 months

Pharmaceutical distribution agency

Pharmaceutical distributors
₹94.68 crFY 2024-25
+9%2024–2025
8+0% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Provider of nutraceutical and functional foods for human health enhancement

Pharmaceutical distributors
₹87.72 crFY 2024-25
+7%2024–2025
188+29% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Distributor of amino acids, antioxidants, and other medicines

Pharmaceutical distributors
₹82.66 crFY 2024-25
+1%2024–2025
2+29% 12 mo to Sep 2024LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Integrated nutraceutical company offering high-quality custom probiotics and enzyme blends

Pharmaceutical distributors
₹62.48 crFY 2024-25
-57%2024–2025
87LinkedIn · Jul 2026
21 yr2005
0none in 3 months · last posted Feb 2026

Distributor of health supplements

Pharmaceutical distributors
₹60.77 crFY 2024-25
-21%2024–2025
30+4% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months · last posted Jun 2026

Distributor of diversified drugs & ayurvedic medicine

Pharmaceutical distributors
₹59.68 crFY 2024-25
+28%2024–2025
5-44% 12 mo to May 2024recorded May 2024
10 yr2016
0none in 3 months

Manufacturer of select antihistamine active pharmaceutical ingredients, drug intermediates, and supplements

Biopharma outsourcing
₹58.68 crFY 2024-25
+11%2024–2025
21LinkedIn · Jul 2026
25 yr2001
0none in 3 months

Distributor & manufacturer of pharmaceutical medicines

Pharmaceutical distributors
₹58.54 crFY 2024-25
+112%2024–2025
—Not available
5 yr2021
0none in 3 months

Manufacturer and distributor of drugs

Pharmaceutical distributors
₹58.19 crFY 2024-25
-9%2024–2025
—Not available
12 yr2014
0none in 3 months

Pharmaceutical distribution company that offers a wide range of products from various sectors

Pharmaceutical distributors
₹57.02 crFY 2024-25
+25%2024–2025
—Not available
18 yr2008
0none in 3 months

Specialty chemical trader, exporter, and supplier that offers a range of products, with a focus on pharmaceutical ingredients

Pharmaceutical distributors
₹53.91 crFY 2024-25
+32%2024–2025
—Not available
7 yr2019
0none in 3 months

Provider of active pharmaceutical, veterinary, animal feed, and cosmetics grade ingredients

Pharmaceutical distributors
₹50.20 crFY 2024-25
+58%2024–2025
2LinkedIn · Jul 2026
27 yr1999
0none in 3 months
50 of 339 companies shown here · the full list is on Radar
Fliar Radar

Explore all 339 pharmaceutical distributors companies in Maharashtra on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open pharmaceutical distributors in Maharashtra on Radar
  • Every company, not just 50All 339 pharmaceutical distributors companies in Maharashtra, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
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Explore pharmaceutical distributors companies in Maharashtra by what you are looking for

Browse top pharmaceutical distributors companies in Maharashtra, from generic drug suppliers to ayurvedic and medical device distributors. You can also find pharmaceutical distributor startups in Maharashtra and companies that are hiring.

7 ways to explore pharmaceutical distributors in Maharashtra

Generic & specialty drug distributorsAyurvedic & alternative medicine distributorsMedical device & healthcare product distributorsAPI makers & pharma manufacturersPharmaceutical distributor startups in MaharashtraPharmaceutical distributors hiring in Maharashtra

Generic & specialty drug distributors

Distributors and suppliers of generic, branded and specialty medicines.

  1. Skites Pharma

    Pharmaceutical distribution company with a focus on healthcare distribution

    Pharmaceutical distributors
    See in list
  2. Dvijay Pharma

    Speciality Drug Distributor

    Pharmaceutical distributors
    See in list
  3. Crystal Medicines

    Pharmaceutical company supplying life-saving drugs and antibiotics

    Pharmaceutical distributors
    See in list
  4. Ator Healthcare

    Provider of drugs distribution services

    Pharmaceutical distributors
    See in list
  5. Flagship Biotech

    Manufacturer of injectable, oral, and topical pharmaceutical formulations

    Pharmaceutical distributors
    See in list
150 companies in MaharashtraAll 101 pharmaceutical distributors companies in Maharashtra →

Ayurvedic & alternative medicine distributors

Suppliers of ayurvedic, homeopathic and other alternative medicines.

  1. Phyto Marketing

    Provider of Ayurvedic pharmaceutical products, including ointments, capsules, syrups, and tablets

    Pharmaceutical distributors
    See in list
  2. Dhanwantari Distributors

    Ayurvedic healthcare company that offers a range of natural products and supplements for various health concerns

    Pharmaceutical distributors
    See in list
  3. Ayurvishwa

    Manufacturer of ayurvedic medicines, equipment, cosmetics, and raw material supplier

    Pharmaceutical distributors
    Website
  4. Indupharma

    Manufacturer of ayurvedic medicines, cosmetics, food products, and online consultations

    Pharmaceutical distributors
    Website
  5. Fuzion Nutraceuticals

    Distributor of ayurvedic medicines

    Pharmaceutical distributors
    Website
14 companies in MaharashtraAll 283 alternative medicine products companies in India →

Medical device & healthcare product distributors

Wholesalers of medical devices, diagnostics and surgical consumables.

  1. Entero Healthcare

    Operator of an integrated healthcare products distribution platform

    Pharmaceutical distributors
    See in list
  2. Sumit Biomedical

    Provider of diagnostic kits, reagents, and instruments for healthcare applications

    Medical device distributors
    Website
  3. Eterno Healthcare Solutions

    Wholesaler and supplier of medical consumables and surgical instruments

    Pharmaceutical distributors
    Website
  4. Longevity Health

    Provider of healthcare devices facilitating distribution to the Indian market

    Pharmaceutical distributors
    Website
  5. ACT

    Leading distributor and wholesaler of pharmaceutical, medical, and healthcare products

    Pharmaceutical distributors
    Website
7 companies in MaharashtraAll 277 medical device distributors companies in India →

API makers & pharma manufacturers

Manufacturers of active pharmaceutical ingredients and finished formulations that also distribute.

  1. Flagship Biotech

    Manufacturer of injectable, oral, and topical pharmaceutical formulations

    Pharmaceutical distributors
    See in list
  2. Keshavaindia

    Manufacturer of select antihistamine active pharmaceutical ingredients, drug intermediates, and supplements

    Biopharma outsourcing
    See in list
  3. Livealth Biopharma

    Manufacturer and distributor of drugs

    Pharmaceutical distributors
    See in list
  4. Surajlok Chemicals

    Manufacturer of active pharmaceutical ingredients (APIs) for the healthcare industry

    Pharmaceutical distributors
    See in list
  5. Ajmera Pharmasure

    Manufacturer and sole distributor of pharmaceutical and manufacturing products

    Pharmaceutical distributors
    See in list
16 companies in MaharashtraAll 331 biopharma outsourcing companies in Maharashtra →

Pharmaceutical distributor startups in Maharashtra

Newer pharmaceutical distributors founded in recent years.

  1. Speciality Medicines

    Distributor & manufacturer of pharmaceutical medicines

    Pharmaceutical distributors
    See in list
  2. ASSTON PHARMACEUTICALS

    Provider of pharmaceutical products including tablets, capsules, syrups, and injections

    Pharmaceutical distributors
    See in list
  3. Medisort

    Distributor of diversified drugs

    Pharmaceutical distributors
    Website
  4. Galaxy Medexim

    Wholesaler of Pharmaceutical Medicines & Erectile Dysfunction Medicine by Galaxymed Exim, Nagpur

    Pharmaceutical distributors
    Website
  5. Pearl Impex Int

    A wholesaler of pharmaceutical tablets and anti-cancer medicines

    Pharmaceutical distributors
    Website
39 companies in Maharashtra

Pharmaceutical distributors hiring in Maharashtra

Pharmaceutical distributors with open roles right now.

  1. Entero Healthcare

    Operator of an integrated healthcare products distribution platform

    Pharmaceutical distributors
    See in list
  2. Advenza Global

    Integrated nutraceutical company offering high-quality custom probiotics and enzyme blends

    Pharmaceutical distributors
    See in list
  3. Muscle Pro Nutrition

    Distributor of health supplements

    Pharmaceutical distributors
    See in list
  4. Surajlok Chemicals

    Manufacturer of active pharmaceutical ingredients (APIs) for the healthcare industry

    Pharmaceutical distributors
    See in list
4 companies in Maharashtra

Listed pharmaceutical distributors in Maharashtra

Publicly listed pharmaceutical companies and distributors.

  1. Entero Healthcare

    Operator of an integrated healthcare products distribution platform

    Pharmaceutical distributors
    See in list
  2. Speciality Medicines

    Distributor & manufacturer of pharmaceutical medicines

    Pharmaceutical distributors
    See in list
  3. Saroja Pharma

    Specialty chemical trader, exporter, and supplier that offers a range of products, with a focus on pharmaceutical ingredients

    Pharmaceutical distributors
    See in list
  4. ASSTON PHARMACEUTICALS

    Provider of pharmaceutical products including tablets, capsules, syrups, and injections

    Pharmaceutical distributors
    See in list
  5. Healthnova

    Manufacturer of nutraceutical supplements including tablets capsules and functional foods

    Pharmaceutical distributors
    Website
5 companies in Maharashtra
Mobile reach

Top 5 pharmaceutical distributors apps from Maharashtra

The most-installed Android apps published by pharmaceutical distributors companies headquartered in Maharashtra — 20K installs between them. 5 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 5
The business behind the activity

Pharmaceutical distributors financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 76 pharmaceutical distributors companies in Maharashtra for FY24-25 — 86 of the 339 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 39% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹4,824.61 cr

76 companies filing accounts

combined net profit₹126.69 cr

2.6% aggregate margin

are profitable87%

66 of 76 companies

median revenue~₹26.8 cr

the typical company

median revenue growth+7%

into FY24-25

earned by the top five39%

revenue concentration

Six-year view

Combined revenue of filing companies

₹3,462.08 crFY19-2068 filers
₹4,359.74 crFY20-2176 filers
₹5,089.87 crFY21-2279 filers
₹5,502.69 crFY22-2382 filers
₹5,056.85 crFY23-2481 filers
₹4,824.61 crFY24-2576 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 74 companies over three years

+7%
FY22-23₹4,514.60 cr₹70.82 cr net
FY23-24₹4,932.10 cr₹237.53 cr net
FY24-25₹4,821.65 cr₹126.58 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr862% profitable
₹1–10 cr1788% profitable
₹10–100 cr4090% profitable
₹100–1,000 cr1191% profitable
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking29
0–20%20
20–50%12
50–100%10
Doubled+5

76 companies with accounts for both years; median growth +7%.

Profitability

Profit is concentrated at the top

66profitable
10loss-making
2.6%aggregate margin
2.1%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Speciality MedicinesSPECIALITY MEDICINES LIMITED+112%₹58.54 cr
Pharma SparesPHARMA SPARES PRIVATE LIMITED₹15.89 cr
Murli Krishna ExportsMurli Krishna Exports Private Limited+58%₹50.20 cr
ASSTON PHARMACEUTICALSASSTON PHARMACEUTICALS LIMITED
Distinct ImpexDISTINCT IMPEX PRIVATE LIMITED
Surajlok ChemicalsSURAJLOK CHEMICALS PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Pharma SparesPHARMA SPARES PRIVATE LIMITED38.7%₹15.89 cr
ShreejiSHREEJI IMAGING AND DIAGNOSTIC CENTRE PRIVATE LIMITED24.2%₹94.70 cr
KeshavaindiaKESHAVA ORGANICS PVT LTD19.4%₹58.68 cr
ASSTON PHARMACEUTICALSASSTON PHARMACEUTICALS LIMITED
Speciality MedicinesSPECIALITY MEDICINES LIMITED12.3%₹58.54 cr
Parksley GlobalPARKSLEY GLOBAL PRIVATE LIMITED11.8%
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Pharmaceutical distributors73₹4,760.23 cr~₹27.2 cr86%2.4%
Leaders

Largest pharmaceutical distributors companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Skites PharmaSKITES PHARMA PRIVATE LIMITED₹558.92 cr−₹11.37 cr-2.0%-27%
Entero HealthcareENTERO HEALTHCARE SOLUTIONS LIMITED₹523.04 cr₹19.18 cr3.7%+28%
ChemtradeCHEMTRADE OVERSEAS PRIVATE LIMITED₹318.48 cr₹2.59 cr0.8%-27%
NishchemNISHCHEM INTERNATIONAL PRIVATE LIMITED₹250.06 cr₹14.21 cr5.7%-7%
APPLAURA PHARMACEUTICALS PRIVATE LIMITED₹223.55 cr₹8.50 cr3.8%+10%
Kundan DistributorsKUNDAN DISTRIBUTORS PRIVATE LIMITED₹218.49 cr₹3.01 cr1.4%+20%
Rahul DistributorsRAHUL DISTRIBUTORS PRIVATE LIMITED₹212.41 cr₹96.91 lakh0.5%+7%
Mehta MedicareMEHTA MEDICARE PVT.LTD.₹179.95 cr₹40.23 lakh0.2%-13%
Crystal MedicinesCRYSTAL MEDICINES PRIVATE LIMITED₹174.71 cr₹1.69 cr1.0%+7%
HUFORT HEALTHCAREHUFORT HEALTHCARE PRIVATE LIMITED₹153.97 cr₹3.31 cr2.2%-14%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Pharmaceutical distributors funding and M&A across India

27 recorded equity rounds have gone to 1,390 pharmaceutical distributors companies in India — how much, at which stage, into which sub-sectors, from whom, and how Maharashtra compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months0

US$0k

equity rounds, last 24 months2

US$13.00m

raised over five yearsUS$49.88m

12 rounds in India

M&A deals, Maharashtra4

last 24 months

Capital by year

Equity funding into pharmaceutical distributors in India

amount rounds
$23m20181
$7.0m20193
$11m20202
$16m20212
$12m20223
$7.8m20234
$2.2m20242
$12m20251

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2018, with US$23.19m across 1 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

SeedUS$636k3 rounds · median US$200k
Series AUS$8.01m2 rounds · median US$4.00m
Series BUS$41.24m7 rounds · median US$5.63m
Where the money went · five years

Most-funded sub-sectors

Pharmaceutical distributorsUS$49.88m12 rounds · 6 companies
Corporate activity · last 24 months

M&A in Maharashtra

4Acquisition

Most active acquirers

  1. Entero Healthcare Solutions2
  2. Niraj Rajnikant Shah1
  3. Na1

Most acquired or merged

  1. Speciality Medicines1
  2. Anand Chemiceutics1
  3. Medcords Healthcare Solutions1
  4. Entero Healthcare Solutions1

Each deal appears in the events strip at the top of the page.

Founders and momentum in Maharashtra

Meet the people behind pharmaceutical distributors companies in Maharashtra. 60 of 339 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra pharmaceutical distributors companies by sub-sector

The most common specialisations among pharmaceutical distributors companies in Maharashtra. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring pharmaceutical distributors in India and nearby markets.

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