About Peerless Biotech
Peerless Biotech is a Healthcare company based in Chennai (India) founded in 2001, and was acquired by Entero Healthcare in May 2025. Medical equipment manufacturing and distribution in the healthcare sector. The company has 214 employees. Its Indian entity Peerless Biotech Private Limited reported revenue of ₹190 Cr. Peerless Biotech offers products and services including In-Vitro Diagnostics and Home Healthcare. Its focus areas include Medical Devices, Diagnostics, In-Vitro Diagnostics and Consumer Health.
Company details
Peerless is recognized as a healthcare company that has been operating for over 20 years, focusing on the provision of affordable and high-quality medical devices and diagnostics. Products are distributed through a network of more than 750 distributors to support industry needs. Achievements include the establishment of manufacturing units and expansions into areas like home healthcare, with milestones such as product launches and mergers being noted. The companys efforts are aimed at enhancing access to reliable healthcare solutions, while strategic partnerships are utilized to drive growth and innovation.
- Headquarters Chennai, India
- Employees 214
- Stage Acquired
- SectorsHealthcare
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- Acquired by Entero Healthcare (May 2025)
- Legal Name Peerless Biotech Private Limited
- Date of Incorporation 11 May, 2001
- Jurisdiction Puram, Perungudi, Chennai - 96, Tamil Nadu, India
- Annual Revenue₹190 Cr
FY 2025 · +10% YoY
- Net Profit₹14.26 Cr
FY 2025 · 8% margin
- EBITDA₹23.01 Cr
FY 2025 · 12% margin
- Investors
- Employee Count214
- Acquired byEntero Healthcare
(May 2025)
Associated legal entities of Peerless Biotech
Peerless Biotech operates through Peerless Biotech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Peerless Biotech Private Limited CIN U51397TN2001PTC047094 | Active | 11 May 2001 | Chennai, Tamil Nadu | ₹190 Cr | 214 | 7 | View details |
Products & Services of Peerless Biotech
Peerless Biotech offers a comprehensive portfolio of products and services, including In-Vitro Diagnostics and Home Healthcare.
In-vitro diagnostic instruments and reagents are provided for clinical chemistry and immunology to support laboratory testing.
Home healthcare devices such as blood pressure monitors and thermometers are offered to facilitate monitoring in everyday settings.
Apps and channels of Peerless Biotech
its YouTube channel Peerless Biotech has 1.16K subscribers and 30 videos.
Videos from Peerless Biotech
The most watched videos on Peerless Biotech's YouTube channel, Peerless Biotech (1.16K subscribers). Click a video to play it here.
More on Peerless Biotech.
Investors in Peerless Biotech
Peerless Biotech has secured backing from 1 investor. Prominent investors backing the company include Entero Healthcare.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
India's leading healthcare products distribution platform | 2018 | enterohealthcare.com | Mumbai, India |
Investor details for Peerless Biotech
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Board of directors of Peerless Biotech Private Limited (Peerless Biotech)
Peerless Biotech Private Limited is the primary company behind Peerless Biotech. The board of Peerless Biotech Private Limited currently have 7 directors; the longest-serving is Vinayak Vaikunth Bhat, appointed in 2001. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vinayak Vaikunth Bhat DIN 00895491 | Managing Director | 11 May 2001 | 25 yrs 5 mo | Peerless Biotech Private Limited |
| Sasidharan Mohan Kumar DIN 06931860 | Whole-time director | 12 Mar 2018 | 8 yrs 7 mo | Peerless Biotech Private Limited |
| Prem Sethi DIN 07077034 | Director | 16 Aug 2024 | 2 yrs 2 mo | Peerless Biotech Private Limited |
| Prabhat Agrawal DIN 07466382 | Director | 16 Aug 2024 | 2 yrs 2 mo | Peerless Biotech Private Limited |
| Raghunathan Sucharithra DIN 10472433 | Director | 09 Nov 2024 | 1 yr 11 mo | Peerless Biotech Private Limited |
| Sankar Varadharajan DIN 10594449 | Director | 09 Nov 2024 | 1 yr 11 mo | Peerless Biotech Private Limited |
| Sambit Mohanty DIN 09302845 | Director | 10 Apr 2025 | 1 yr 6 mo | Peerless Biotech Private Limited |
Financials of Peerless Biotech
Figures of Peerless Biotech Private Limited, the primary company behind Peerless Biotech, for FY 2025. Revenue was ₹190 Cr (+10% year on year). Net profit was ₹14.26 Cr (8% margin). EBITDA was ₹23.01 Cr (12% margin). Revenue has grown at a compounded annual rate of +9% over three years and +17% over five years.
- ₹190 CrRevenue · FY 2025 · +10% YoY
- ₹14.26 CrNet profit · 8% margin
- ₹23.01 CrEBITDA · 12% margin
- ₹50 LakhPaid-up capital
- 214Employees (provident fund records)
- +9%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Peerless Biotech Private Limited are on its company page.
Detailed financial statements for Peerless Biotech
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Peerless Biotech
2 dated milestones of Peerless Biotech across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Peerless Biotech is founded.
- Exit Acquired by Entero Healthcare.
Web traffic of Peerless Biotech
The website of Peerless Biotech (peerlessbio.com) receives about 2.1K visits a month.
- Monthly visits2.1K
▲ 83.1% vs previous month
Top companies in Traditional Diagnostics & Medical Devices
2 companies that operate in the same segment as Peerless Biotech (Traditional Diagnostics & Medical Devices) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Medical surgical consumables including sutures and anti-microbial gloves are manufactured. | 1992 | Bengaluru, Karnataka, India | USD 7.14 K | 39 | ||
Manufacturer of medical equipments | 1967 | Bengaluru, Karnataka, India | USD 58.9 M | USD 98.65 M | 578 |
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Frequently Asked Questions about Peerless Biotech
Peerless Biotech was founded in 2001.
Peerless Biotech is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Peerless Biotech has 214 employees.
The primary company behind Peerless Biotech, Peerless Biotech Private Limited, reported revenue of ₹190 Cr for FY 2025, up 10% year on year.
Peerless is recognized as a healthcare company that has been operating for over 20 years, focusing on the provision of affordable and high-quality medical devices and diagnostics. Products are distributed through a network of more than 750 distributors to support industry needs. Achievements include the establishment of manufacturing units and expansions into areas like home healthcare, with milestones such as product launches and mergers being noted. The companys efforts are aimed at enhancing access to reliable healthcare solutions, while strategic partnerships are utilized to drive growth and innovation.
Peerless Biotech offers In-Vitro Diagnostics and Home Healthcare.
Peerless Biotech has 1 investor. Key investors include Entero Healthcare.
Peerless Biotech operates through Peerless Biotech Private Limited.
Yes. Peerless Biotech was acquired by Entero Healthcare in May 2025.
The legal entities of Peerless Biotech currently have 7 directors, including Vinayak Vaikunth Bhat, Sasidharan Mohan Kumar, Raghunathan Sucharithra and others.