Chethana Merchandise Private Limited
About Chethana Merchandise Private Limited
Data last updated:
Chethana Merchandise Private Limited is a private limited company based in Malappuram, Kerala, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 20 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U51397KL1996PTC010060. Its GSTIN is 32AAACC9232D1Z7 (Kerala).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.91 Lakh. It is led by directors including Sharath Avanoor Nambudiri and Kunnakkavu Puthumana Purushothaman.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at VI/15 (5) Chethana Compound Ambalakatt Road Perinthalmanna, Malappuram, Kerala, India – 679322.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.11 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹61.3 Lakh (net margin -3.4%) and EBITDA of -₹60.7 Lakh (EBITDA margin -3.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 2% over five years.
The company has about 72 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹35 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Chethana Merchandise Private Limited's registered office is in Malappuram, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressVI/15 (5) Chethana Compound Ambalakatt Road Perinthalmanna, Malappuram, Kerala, India – 679322
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Chethana Merchandise Private Limited, buy the company report.
- 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
Business activity
The main business activity of Chethana Merchandise 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 Chethana Merchandise Private Limited, buy the company report.
Financials of Chethana Merchandise Private Limited
FY 2025 filings availableChethana Merchandise Private Limited reported revenue of ₹18.11 Cr (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. 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 | -₹60.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹61.3 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 | -3.4% | ||||
| Net Profit Margin | -3.4% | ||||
| 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 Merchandise Private Limited, buy the company report.
Board of directors of Chethana Merchandise Private Limited
Chethana Merchandise has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharath Avanoor Nambudiri | Director | 01 Apr 2011 | 15 Years 7 Months | Current |
| Kunnakkavu Puthumana Purushothaman Also directs: Puthumana Ecofarms Private Limited, Puthumana Agrofarms Private Limited, Chethana Formulations Private Limited and 1 more | Director | 02 Aug 2014 | 12 Years 3 Months | Current |
| Kapplingattu Krishnan Namboodiri Babu Also directs: Bookpecker Consultants Private Limited | Director | 11 Jun 2007 | 19 Years 4 Months | Current |
| Damodar Avanoor Also directs: Chethana Formulations Private Limited, Chethana Medicaments Pvt Ltd, Chelamala Field Latex Producer Company Limited and 3 more | Director | 25 Mar 2015 | 11 Years 7 Months | Current |
Peer comparison
Chethana Merchandise 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 |
|---|---|---|---|---|---|---|
| Ramakrishna Pharma Private Limited | ₹18.2 Cr (FY 2024) | 8.0% | Mysore, Karnataka, India | |||
| SSD Medical Supplies Private Limited | ₹18.18 Cr (FY 2025) | 8.0% | Nagpur, Maharashtra, India | |||
| Chethana Merchandise Private Limitedthis company | ₹18.11 Cr (FY 2025) | -₹61.3 Lakh | -3.4% | -21.0% | 72 | Malappuram, Kerala, India |
| Vinccent Biotech Private Limited | ₹18.05 Cr (FY 2024) | -12.0% | Delhi, India | |||
| Vividh Distributors Pvt Ltd | ₹17.98 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Canvarzys Care Private Limited | ₹17.96 Cr (FY 2025) | 1.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Chethana Merchandise Private Limited, buy the company report.
Shareholding
The shareholding of Chethana Merchandise Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chethana Merchandise Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2024 | 100930601 | Hdfc Bank Limited | ₹35 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Chethana Merchandise Private Limited has 3 court cases on record: 2 filed by Chethana Merchandise, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0104-Labour Matters : Matters relating to wages, bonus, ad-hoc, casual daily wages & their regularisation) | Filed against the company by The State of Kerala Secretary Labour and Welfare Department Govt. Secretariat ,Thiruvananthapuram , Kerala and 2 others | Pending |
| High Court | Appeal | Filed by the company against State of Kerala and 2 others | Disposed |
| High Court | Writ petition | Filed by the company against State of Kerala and 2 others | Disposed |
To see the full case history of Chethana Merchandise 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 Merchandise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Chethana Merchandise Private Limited has a workforce of 72 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Chethana Merchandise has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACC9232D1Z7 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chethana Merchandise Private Limited, buy the company report.
Recent activity
Chethana Merchandise Private Limited has 7 board changes on record since 2007: 4 appointments and 3 cessations. The latest: Narayanan Avanoor Mana ceased to be Director on 18 Dec 2017.
Frequently asked questions
Chethana Merchandise is an active private limited company based in Malappuram, Kerala, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 20 February 1996 (30+ years old) and is registered under CIN U51397KL1996PTC010060.
Chethana Merchandise has 4 current directors:
- Sharath Avanoor Nambudiri - Director
- Kunnakkavu Puthumana Purushothaman - Director
- Kapplingattu Krishnan Namboodiri Babu - Director
- Damodar Avanoor - Director
The latest financial statements of Chethana Merchandise on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Chethana Merchandise is 32AAACC9232D1Z7, registered in Kerala.
The CIN (Corporate Identification Number) of Chethana Merchandise is U51397KL1996PTC010060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chethana Merchandise has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Chethana Merchandise was incorporated on 20 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Chethana Merchandise by revenue are Ramakrishna Pharma Private Limited, SSD Medical Supplies Private Limited, Vinccent Biotech Private Limited, Vividh Distributors Pvt Ltd, Canvarzys Care Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Narayanan Avanoor Mana ceased to be Director on 18 Dec 2017. Damodar Avanoor was appointed as Director on 25 Mar 2015. Vrinda Kunnakavu Puthumana ceased to be Director on 25 Aug 2014. Chethana Merchandise has 7 board changes on record in total.
The registered office of Chethana Merchandise is at VI15 5 Chethana Compound Ambalakatt Road Perinthalmanna, Malappuram, Kerala, India – 679322.
Chethana Merchandise operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
