MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-09-0000663
Chethana Formulations Private Limited - pharma in Malappuram, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.27 Cr
▼ 21% YoY
Net profit · FY 2025
₹23.85 Lakh
Net margin 3.3%
EBITDA · FY 2025
₹57.33 Lakh
EBITDA margin 7.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹3.4 Lakh
Issued & subscribed
Open charges
₹3.76 Cr
Satisfied ₹37.02 Lakh
Company age
33 yrs
Est. 1993
Employees · EPFO
22
Provident fund records
About Chethana Formulations Private Limited
Data last updated:
Chethana Formulations Private Limited is a private limited company based in Malappuram, Kerala, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 22 March 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U24231KL1993PTC007047. Its GSTIN is 32AACCC6907F1Z1 (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.4 Lakh. It is led by directors including Kunnakkavu Puthumana Purushothaman (Whole-Time Director) and Damodar Avanoor (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 5/343 Ambalakkat Road Perintalmanna, Malappuram, Kerala, India – 679322.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.27 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹23.85 Lakh (net margin 3.3%) and EBITDA of ₹57.33 Lakh (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 1% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.76 Cr and satisfied charges of ₹37.02 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
Chethana Formulations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-09-0000663). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chethanapharma.co.in.
Company details
CIN U24231KL1993PTC007047
Registration Number 007047
Incorporation Date 22 March 1993
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KL-09-0000663
Key People
Kunnakkavu Puthumana Purushothaman Whole-Time Director Damodar Avanoor Whole-Time Director Gopika Avanoor Director Recognitions & Rankings of Chethana Formulations
Contact details
Chethana Formulations Private Limited's registered office is in Malappuram, Kerala. Its website is chethanapharma.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5/343 Ambalakkat Road Perintalmanna, Malappuram, Kerala, India – 679322
- IndustryPharma, API Manufacturers
To see the full contact details of Chethana Formulations Private Limited, buy the company report.
Comprehensive company report
Chethana Formulations 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
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Business activity
The main business activity of Chethana Formulations is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Chethana Formulations Private Limited, buy the company report.
Financials of Chethana Formulations Private Limited
FY 2024 filings availableChethana Formulations Private Limited reported revenue of ₹7.27 Cr (down 21% YoY) for FY 2025.
Revenue · FY 2025
₹7.27 Cr ▼ 21%
Net profit · FY 2025
₹23.85 Lakh margin 3.3%
EBITDA · FY 2025
₹57.33 Lakh margin 7.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 13%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 38%
3 years · compounded
▲ 16%
5 years · compounded
▲ 10%
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 38% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹57.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.85 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | 3.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Chethana Formulations Private Limited, buy the company report.
Board of directors of Chethana Formulations Private Limited
Chethana Formulations has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopika Avanoor | Director | 08 Jan 2016 | 10 Years 9 Months | Current |
| Avanoormana Damodaran Nambudiri Also directs: Chethana Medicaments Pvt Ltd | Director | 22 Mar 1993 | 33 Years 7 Months | Current |
| Sharath Avanoor Nambudiri | Director | 01 Feb 2014 | 12 Years 9 Months | Current |
| Puthumana Kunnakkavu Damodaran | Director | 13 Jun 2014 | 12 Years 4 Months | Current |
| Kunnakkavu Puthumana Purushothaman Also directs: Puthumana Ecofarms Private Limited, Puthumana Agrofarms Private Limited, Chethana Medicaments Pvt Ltd and 1 more | Whole-Time Director | 03 May 2004 | 22 Years 5 Months | Current |
| Damodar Avanoor Also directs: Chethana Medicaments Pvt Ltd, Chethana Merchandise Private Limited, Chelamala Field Latex Producer Company Limited and 3 more | Whole-Time Director | 03 May 2004 | 22 Years 5 Months | Current |
Peer comparison
Chethana Formulations Private Limited is compared with the 5 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Auraleafs Labs Private Limited | ₹7.33 Cr (FY 2021) | 81.0% | Hyderabad, Telangana, India | |||
| Bimal Pharma Private Limited | ₹7.32 Cr (FY 2025) | -39.0% | Mumbai, Maharashtra, India | |||
| Choroid Laboratories Private Limited | ₹7.29 Cr (FY 2025) | 0.0% | Kurukshetra, Haryana, India | |||
| Chethana Formulations Private Limitedthis company | ₹7.27 Cr (FY 2025) | ₹23.85 Lakh | 3.3% | -21.0% | 22 | Malappuram, Kerala, India |
| SKM Pharma Private Limited, | ₹7.26 Cr (FY 2025) | -32.0% | Bangalore, Karnataka, India | |||
| Skybiotech Life Sciences Private Limited | ₹7.25 Cr (FY 2025) | -36.0% | Aurangabad, Maharashtra, India |
To see the full peer comparison of Chethana Formulations Private Limited, buy the company report.
Auditor
Chethana Formulations Private Limited is audited by C S NARAYANAN NAMBOODIRI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C S NARAYANAN NAMBOODIRI | FY 2023 | 201525 |
Shareholding
The shareholding of Chethana Formulations 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 Chethana Formulations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.76 Cr
Satisfied charges
₹37.02 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2023 | 100700293 | Dhanlaxmi Bank Limited | ₹1.14 Cr | Open | |
| 07 May 2021 | 100457358 | Dhanlaxmi Bank Limited | ₹10 Lakh | Open | |
| 27 Jul 2020 | 100380523 | Dhanlaxmi Bank Limited | ₹10.25 Lakh | Open | |
| 20 Mar 2020 | 100368921 | Dhanlaxmi Bank Limited | ₹14.25 Lakh | Open | |
| 10 Dec 2004 | 90020296 | Dhanlaxmi Bank Limited | ₹2.28 Cr | Open |
To see the full charge records of Chethana Formulations Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Chethana Formulations Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed against the company | Disposed |
To see the full case history of Chethana Formulations 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 Chethana Formulations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Chethana Formulations Private Limited has a workforce of 22 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
22
Active EPFO establishments
1
Employee growth
10%
GST
Chethana Formulations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCC6907F1Z1 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chethana Formulations Private Limited, buy the company report.
Recent activity
Chethana Formulations Private Limited has 8 board changes on record since 1993: 6 appointments and 2 cessations. The latest: Gopika Avanoor ceased to be Additional Director on 29 Sep 2016.
AGM
Chethana Formulations Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Filing
Chethana Formulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Charges
A charge with Dhanlaxmi Bank Limited amounted to Rs. 113.75 Lakh with Charge ID 100700293 was registered on 20 Mar 2023.
Charges
A charge registered on 03 Apr 2019 via Charge ID 100273091 with Dhanlaxmi Bank Limited was fully satisfied on 08 Jul 2021.
Charges
A charge registered on 03 Apr 2019 via Charge ID 100273093 with Dhanlaxmi Bank Limited was fully satisfied on 08 Jul 2021.
Charges
A charge registered on 24 Sep 2018 via Charge ID 100240339 with Dhanlaxmi Bank Limited was fully satisfied on 08 Jul 2021.
Charges
A charge registered on 22 Jun 2013 via Charge ID 10443324 with Dhanlaxmi Bank Limited was fully satisfied on 08 Jul 2021.
Charges
A charge with Dhanlaxmi Bank Limited amounted to Rs. 10.00 Lakh with Charge ID 100457358 was registered on 07 May 2021.
Charges
A charge with Dhanlaxmi Bank Limited amounted to Rs. 10.25 Lakh with Charge ID 100380523 was registered on 27 Jul 2020.
Charges
A charge with Dhanlaxmi Bank Limited amounted to Rs. 14.25 Lakh with Charge ID 100368921 was registered on 20 Mar 2020.
Charges
A charge with Dhanlaxmi Bank Limited amounted to Rs. 10.00 Lakh with Charge ID 100273091 was registered on 03 Apr 2019.
Charges
A charge with Dhanlaxmi Bank Limited amounted to Rs. 2.02 Lakh with Charge ID 100273093 was registered on 03 Apr 2019.
13 earlier events are in the company report.
Frequently asked questions
Chethana Formulations is an active private limited company based in Malappuram, Kerala, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 22 March 1993 (33+ years old) and is registered under CIN U24231KL1993PTC007047.
Chethana Formulations has 6 current directors:
- Kunnakkavu Puthumana Purushothaman - Whole-Time Director
- Damodar Avanoor - Whole-Time Director
- Gopika Avanoor - Director
- Avanoormana Damodaran Nambudiri - Director
- Sharath Avanoor Nambudiri - Director
- Puthumana Kunnakkavu Damodaran - Director
The latest financial statements of Chethana Formulations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Chethana Formulations is 32AACCC6907F1Z1, registered in Kerala.
The CIN (Corporate Identification Number) of Chethana Formulations is U24231KL1993PTC007047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chethana Formulations has 1 court case on record: 1 filed against it.
Chethana Formulations was incorporated on 22 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Chethana Formulations by revenue are Auraleafs Labs Private Limited, Bimal Pharma Private Limited, Choroid Laboratories Private Limited, SKM Pharma Private Limited,, Skybiotech Life Sciences Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Gopika Avanoor ceased to be Additional Director on 29 Sep 2016. Gopika Avanoor was appointed as Director on 08 Jan 2016. Puthumana Kunnakkavu Damodaran was appointed as Director on 13 Jun 2014. Chethana Formulations has 8 board changes on record in total.
Yes, Chethana Formulations is registered as a small enterprise under Udyam registration (number: UDYAM-KL-09-0000663).
Chethana Formulations can be reached through the website chethanapharma.co.in. Its registered office is in Malappuram, Kerala, India.
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