MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-07-0004325
Ares Medicare Private Limited
Ares Medicare Private Limited - pharma in Cuttack, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.72 Cr
▼ 15% YoY
Net profit · FY 2025
₹25.73 Lakh
Net margin 3%
EBITDA · FY 2025
₹50.51 Lakh
EBITDA margin 5.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.65 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
About Ares Medicare Private Limited
Data last updated:
Ares Medicare Private Limited is a private limited company based in Cuttack, Odisha, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 18 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U51397OR2010PTC011995. Its GSTIN is 21AAICA4890P2Z8 (Odisha). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Satya Swaroop Das (Managing Director) and Ramshankar Das.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No – 48 Block – C First Floor Periphery Market Complex Buxi Bazar, Cuttack, Odisha, India – 753001.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.72 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹25.73 Lakh (net margin 3%) and EBITDA of ₹50.51 Lakh (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹1.65 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Ares Medicare Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-07-0004325). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51397OR2010PTC011995
Registration Number 011995
Incorporation Date 18 May 2010
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-OD-07-0004325
Recognitions & Rankings of Ares Medicare
Contact details
Ares Medicare Private Limited's registered office is in Cuttack, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No – 48 Block – C First Floor Periphery Market Complex Buxi Bazar, Cuttack, Odisha, India – 753001
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Ares Medicare Private Limited, buy the company report.
Comprehensive company report
Ares Medicare Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Ares Medicare is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ares Medicare Private Limited, buy the company report.
Financials of Ares Medicare Private Limited
FY 2024 filings availableAres Medicare Private Limited reported revenue of ₹8.72 Cr (down 15% YoY) for FY 2025.
Revenue · FY 2025
₹8.72 Cr ▼ 15%
Net profit · FY 2025
₹25.73 Lakh margin 3%
EBITDA · FY 2025
₹50.51 Lakh margin 5.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 1%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 14%
5 years · compounded
▲ 30%
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 12% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹50.51 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.73 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | 3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Ares Medicare Private Limited, buy the company report.
Board of directors of Ares Medicare Private Limited
Ares Medicare has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satya Swaroop Das Also directs: 2Pu Surgicals Private Limited, Pact Exports Private Limited, Shyam Metals and Minerals Private Limited and 4 more | Managing Director | 18 May 2010 | 16 Years 5 Months | Current |
| Ramshankar Das | Director | 18 May 2010 | 16 Years 5 Months | Current |
Peer comparison
Ares Medicare Private Limited is compared with the 5 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Selorac Healthcare Private Limited | ₹8.76 Cr (FY 2025) | 30.0% | Jabalpur, Madhya Pradesh, India | |||
| Clide International Private Limited | ₹8.72 Cr (FY 2025) | 377.0% | Delhi, India | |||
| Ares Medicare Private Limitedthis company | ₹8.72 Cr (FY 2025) | ₹25.73 Lakh | 3% | -15.0% | Cuttack, Odisha, India | |
| Zenska Life Sciences Private Limited | ₹8.72 Cr (FY 2025) | -52.0% | Ahmedabad, Gujarat, India | |||
| Radhe Medtech Private Limited | ₹8.71 Cr (FY 2025) | 18.0% | Ahmedabad, Gujarat, India | |||
| Forts Biotech Private Limited | ₹8.69 Cr (FY 2018) | 42.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Ares Medicare Private Limited, buy the company report.
Auditor
Ares Medicare Private Limited is audited by S C NATH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S C NATH & CO | FY 2023 | 055834 |
Shareholding
The shareholding of Ares Medicare Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ares Medicare Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.65 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jul 2024 | 100960371 | Others | ₹36.9 Lakh | Open | |
| 29 May 2024 | 100933366 | Others | ₹1.2 Cr | Open | |
| 10 Jan 2023 | 100670630 | Others | ₹8 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Ares Medicare Private Limited has 1 court case on record: 1 filed by Ares Medicare. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ORISSA | Writ petition | Filed by the company against State of Odisha and 4 others | Pending |
To see the full case history of Ares Medicare Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ares Medicare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ares Medicare has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAICA4890P2Z8 | Odisha | Active | 25 Jan 2018 |
| 02AAICA4890P1Z9 | Himachal Pradesh | Active | 12 Sep 2023 |
To see the full GST registrations and return filing status of Ares Medicare Private Limited, buy the company report.
Recent activity
Ares Medicare Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Rudra Charan Das ceased to be Director on 12 Jul 2021.
AGM
Ares Medicare Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 36.90 Lakh with Charge ID 100960371 was registered on 09 Jul 2024.
Charges
A charge with Others amounted to Rs. 120.00 Lakh with Charge ID 100933366 was registered on 29 May 2024.
Filing
Ares Medicare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Charges
A charge with Others amounted to Rs. 8.00 Lakh with Charge ID 100670630 was registered on 10 Jan 2023.
Ceased
Rudra Charan Das ceased to be Director.
Appointed
Ramshankar Das was appointed as Director.
Appointed
Satya Swaroop Das was appointed as Managing Director.
Incorporation
18 May 2010
Ares Medicare Private Limited was registered on 18 May 2010 with Roc Cuttack & aged 16 years 5 months as per MCA records.
Frequently asked questions
Ares Medicare is an active private limited company based in Cuttack, Odisha, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 18 May 2010 (16+ years old) and is registered under CIN U51397OR2010PTC011995.
Ares Medicare has 2 current directors:
- Satya Swaroop Das - Managing Director
- Ramshankar Das - Director
The latest financial statements of Ares Medicare on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ares Medicare is 21AAICA4890P2Z8, registered in Odisha. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 02AAICA4890P1Z9 (Himachal Pradesh).
The CIN (Corporate Identification Number) of Ares Medicare is U51397OR2010PTC011995. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ares Medicare has 1 court case on record: 1 filed by the company. 1 is pending.
Ares Medicare was incorporated on 18 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Ares Medicare by revenue are Selorac Healthcare Private Limited, Clide International Private Limited, Zenska Life Sciences Private Limited, Radhe Medtech Private Limited, Forts Biotech Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Rudra Charan Das ceased to be Director on 12 Jul 2021. Ramshankar Das was appointed as Director on 18 May 2010. Satya Swaroop Das was appointed as Managing Director on 18 May 2010.
Yes, Ares Medicare is registered as a small enterprise under Udyam registration (number: UDYAM-OD-07-0004325).
The registered office of Ares Medicare is at Shop No – 48 Block – C First Floor Periphery Market Complex Buxi Bazar, Cuttack, Odisha, India – 753001.