About Somani Distributors
Somani Distributors is a Healthcare company based in Varanasi (India) founded in 2017. It operates as an online pharmacy providing pharmaceuticals and medical products to consumers. It operates on a B2C model. Its Indian entity Somani Distributors Private Limited reported revenue of ₹69.62 Cr. Its focus areas include Pharmaceuticals, Online Pharmacy and Retail. Similar companies include Tata 1mg, Netmeds, Truemeds, PharmEasy and MedPlus and 4 more; 8 of its 9 listed similar companies have raised funding.
Company details
Somani Distributors operates with a B2C model, focusing on providing healthcare solutions, producing pharmaceutical products, online pharmacy, and engaging in retail operations. Operates as an online pharmacy providing pharmaceuticals and medical products to consumers. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Varanasi, India
- SectorsHealthcare
- Website sdplstore.com
- Legal Name Somani Distributors Private Limited
- Date of Incorporation 30 Oct, 2017
- Jurisdiction Varanasi, Uttar Pradesh, India
- Annual Revenue₹69.62 Cr
FY 2024 · +24% YoY
- Net Profit₹2.61 Cr
FY 2024 · 4% margin
- EBITDA₹3.96 Cr
FY 2024 · 6% margin
Associated legal entities of Somani Distributors
Somani Distributors operates through Somani Distributors Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Somani Distributors Private Limited CIN U17299UP2017PTC098190 | Active | 30 Oct 2017 | Varanasi, Uttar Pradesh | ₹69.6 Cr | – | 4 | View details |
Board of directors of Somani Distributors Private Limited (Somani Distributors)
Somani Distributors Private Limited is the primary company behind Somani Distributors. The board of Somani Distributors Private Limited currently have 4 directors; the longest-serving is Abhinav Somani, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhinav Somani DIN 07961198 | Director | 30 Oct 2017 | 8 yrs 11 mo | Somani Distributors Private Limited |
| Krishan Kumar Somani DIN 07961202 | Director | 30 Oct 2017 | 8 yrs 11 mo | Somani Distributors Private Limited |
| Rekha Devi Somani DIN 07961215 | Director | 30 Oct 2017 | 8 yrs 11 mo | Somani Distributors Private Limited |
| Shreya Somani DIN 07961217 | Director | 30 Oct 2017 | 8 yrs 11 mo | Somani Distributors Private Limited |
Financials of Somani Distributors
Figures of Somani Distributors Private Limited, the primary company behind Somani Distributors, for FY 2024. Revenue was ₹69.62 Cr (+24% year on year). Net profit was ₹2.61 Cr (4% margin). EBITDA was ₹3.96 Cr (6% margin). Revenue has grown at a compounded annual rate of +26% over three years and +35% over five years.
- ₹69.62 CrRevenue · FY 2024 · +24% YoY
- ₹2.61 CrNet profit · 4% margin
- ₹3.96 CrEBITDA · 6% margin
- ₹75 LakhPaid-up capital
- +26%Revenue CAGR, 3 years
- +35%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Somani Distributors Private Limited are on its company page.
Detailed financial statements for Somani Distributors
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to Somani Distributors
Somani Distributors has 9 listed similar companies in our database, 8 of them funded. They include Tata 1mg, Netmeds, Truemeds, PharmEasy and MedPlus, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 1mg.com | 2015 | Delhi, India | $230.8M | 4,419 | Provider of an online pharmacy with doctor listing and teleconsultation services | |
| netmeds.com | 2015 | Chennai, India | $109M | 988 | Provider of an online store for medicines and healthcare products | |
| truemeds.in | 2019 | Mumbai, India | $112.97M | 345 | Provider of an online pharmacy and telehealth platform | |
| pharmeasy.in | 2015 | Mumbai, India | $688.41M | 493 | Provider of an online pharmacy and healthcare platforms | |
| medplusindia.com | 2006 | Hyderabad, India | $268.78M | 8,729 | Medicines and health products are retailed through pharmacy outlets. | |
| sastasundar.com | 2011 | Kolkata, India | $38.26M | 1,344 | An online marketplace for healthcare products is operated. | |
| medlife.com | 2014 | Bengaluru, India | – | 46 | Provider of an online pharmacy for medications | |
| tablt.com | 2018 | Kolkata, India | $8.28M | 144 | Online platform for the purchase of medicines | |
| healthskoolpharmacy.com | 2015 | Noida, India | $3.32M | 111 | Online pharmacy for the delivery of OTC and prescription medicines |
Detailed similar companies of Somani Distributors
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Pharmacy & Healthcare Retail Systems
10 companies that operate in the same segment as Somani Distributors (Pharmacy & Healthcare Retail Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Alto Pharmacy is focused on providing convenient prescription delivery services. | 2015 | San Francisco, California, United States | USD 591.64 M | – | 802 | |
Online community and B2B platform for pharmacy professionals is operated. | 2012 | Singapore, Singapore | USD 10 M | – | – | |
Optum is recognized as a leading health solution and care delivery organization. | 2011 | Eden Prairie, Minnesota, United States | USD 250 K | USD 383.36 M | 140 | |
Materials management and business analytics solutions for healthcare are provided. | 1992 | Mountain View, California, United States | USD 20 M | USD 1.18 B | 3,670 | |
Offers a B2B managed marketplace for pharmacies | 2019 | Bengaluru, Karnataka, India | USD 20.02 M | USD 20.23 M | 218 | |
Digital healthcare tools are offered for pharmacies and clinics management. | 2012 | Mumbai, Maharashtra, India | USD 1.19 B | USD 805.55 M | 215 | |
Prescription drugs refill management solutions | 2015 | San Francisco, California, United States | USD 105.54 M | – | 99 | |
On-demand prescription delivery is facilitated for patients through pharmacists' workflows. | 2016 | Jacksonville, United States | USD 30.64 M | – | 95 | |
Medication management systems are supplied to healthcare providers and pharmacies. | 1968 | Columbus, Ohio, United States | USD 8.3 M | – | – | |
Provider of supply chain management platform | 2009 | Columbus, Ohio, United States | USD 5.76 M | – | 55 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Somani Distributors
Somani Distributors was founded in 2017.
Somani Distributors is headquartered in Varanasi, India. It is registered at Varanasi, Uttar Pradesh, India.
The primary company behind Somani Distributors, Somani Distributors Private Limited, reported revenue of ₹69.62 Cr for FY 2024, up 24% year on year.
Somani Distributors operates with a B2C model, focusing on providing healthcare solutions, producing pharmaceutical products, online pharmacy, and engaging in retail operations. Operates as an online pharmacy providing pharmaceuticals and medical products to consumers. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Somani Distributors's top competitors include Tata 1mg, SastaSundar and PharmEasy.
Somani Distributors operates through Somani Distributors Private Limited.
The legal entities of Somani Distributors currently have 4 directors, including Abhinav Somani, Krishan Kumar Somani, Rekha Devi Somani and others.