Raaj Medisafe India Ltd. – Company Report
1. Company Overview
Raaj Medisafe India Ltd., established in 1985 and headquartered in Pithampur, Madhya Pradesh, is a leading manufacturer of specialty medical disposables, hygiene products, and high-quality packaging solutions. The company operates as part of the Packaging People Group and is publicly listed on the Bombay Stock Exchange. With over three decades of industry experience, Raaj Medisafe has evolved from its roots in medical device manufacturing (syringes, IV sets, disposables) to a diversified product portfolio that includes rigid plastic packaging for pharmaceuticals, food, FMCG, and personal hygiene products. The flagship facility covers 584,000 sq. ft., and the company holds ISO 9001:2015, WHO-GMP, and USFDA certifications, underscoring its commitment to quality, innovation, and regulatory compliance.
Key Highlights
- Incorporated: 1985
- Headquarters: Pithampur, Madhya Pradesh, India
- Employees: 130–200+
- Certifications: ISO 9001:2015, WHO-GMP, USFDA
- Facilities: 584,000 sq. ft. advanced manufacturing, cGMP environment, in-house utilities
- Ownership: Part of Packaging People Group
- Leadership: Arpit Bangur – Chairman & Managing Director
2. Products and Services
- Pharmaceutical and Healthcare Packaging: HDPE/LDPE containers, PP caps, DMF-certified and food-grade poly bags and sheets, child-resistant packaging, VCI bags, and closures.
- Hygiene and Personal Care Products: Baby diapers, sanitary napkins, maternity pads, panty liners, and surgical disposables.
- Medical Disposable Devices: Syringes (with/without needles), IV sets, gloves, cotton rolls, gowns, and more.
- Food and FMCG Packaging: Recyclable, food-grade packaging materials.
- Custom and Sustainable Packaging: Corrugated boxes, eco-friendly poly bags, custom solutions.
- Contract Manufacturing: Private label and white-label services for major pharma, FMCG, and wellness clients.
- Export and Institutional Supply: Supplies to global and domestic clients with regulatory compliance focus.
3. Recent News and Financial Performance
- Launched child-resistant and sustainable packaging solutions for pharma and FMCG clients.
- Expanded capacity in hygiene and sanitary product segment.
- Upgraded automation and plant efficiency at Pithampur facility.
- Improved export sales and institutional business share.
- Strong focus on cost controls and operational efficiency.
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹62.42 crore |
| Net Profit | ₹6.13 crore |
| Operating Profit Margin | 14% |
| Net Profit Margin | 9.8% |
| Earnings Per Share | ₹4.64 |
| Debt | Low gearing |
| Dividend | Not declared (growth-focused) |