About Medethics Pharmaceuticals Private Limited
Data last updated:
Medethics Pharmaceuticals Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 11 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U51397OR2010PTC011609. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹28 Lakh. It is led by directors Kusum Lata Das and Sumanta Kumar 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 Fl – 402 4th Floor Shardhanjali Residency Ps – Mancheswar, Bhubaneswar, Odisha, India – 754005.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.8 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net profit of ₹2,261 (net margin 1.3%) and EBITDA of ₹50,612 (EBITDA margin 28%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 48% over five years.
As per MCA filings, the company has open charges of ₹66 Lakh and satisfied charges of ₹1.2 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medethicspharma.com.
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- Registered AddressFl – 402 4th Floor Shardhanjali Residency Ps – Mancheswar, Bhubaneswar, Odisha, India – 754005
- IndustryPharma, Pharmaceutical Retailers & Distributors
- 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
- One PDF report, delivered after checkout
Financials of Medethics Pharmaceuticals Private Limited FY 2024 filings available
Medethics Pharmaceuticals Private Limited reported revenue of ₹1.8 Lakh (down 67% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Medethics Pharmaceuticals Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 67% fall in the latest year. EBITDA fell 87% 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 of Medethics Pharmaceuticals Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹50,612 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2,261 | •••• | •••• | •••• | •••• |
| 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 of Medethics Pharmaceuticals Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Medethics Pharmaceuticals are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Medethics Pharmaceuticals Private Limited
Medethics Pharmaceuticals Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution, Pharmaceuticals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dranand's Pharmaceuticals (OPC) Private Limited | ₹1.82 Lakh (FY 2024) | •••• | •••• | •••• | Jasawan, Uttar Pradesh, India | |
| Big Human Chemicals & Pharmaceuticals Private Limited | ₹1.82 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Thane, Maharashtra, India |
| Alviv Pharmaceuticals Private Limited | ₹1.81 Lakh (FY 2019) | •••• | •••• | •••• | Chikuwadi Daman, Daman and Diu, India | |
| Lyrist Pharmaceuticals Private Limited | ₹1.81 Lakh (FY 2023) | •••• | •••• | -45.0% | •••• | Gaigath Patna, Bihar, India |
| Eyeconic Pharmaceuticals (India) Private Limited | ₹1.81 Lakh (FY 2021) | •••• | •••• | -91.0% | •••• | Aurangabad, Maharashtra, India |
| Medethics Pharmaceuticals Private Limited this company | ₹1.8 Lakh (FY 2024) | •••• | •••• | -67.0% | •••• | Bhubaneswar, Odisha, India |
| Ajonsa Pharmaceuticals Private Limited | ₹1.8 Lakh (FY 2025) | •••• | •••• | -69.0% | •••• | Jamnagar, Gujarat, India |
| Panbross Pharmaceuticals Private Limited | ₹1.79 Lakh (FY 2019) | •••• | •••• | -98.0% | •••• | Mumbai, Maharashtra, India |
| Epione Med RX Pharmacy Private Limited | ₹1.79 Lakh (FY 2023) | •••• | •••• | -99.0% | •••• | Jaipur, Rajasthan, India |
| Veervill Private Limited | ₹1.79 Lakh (FY 2025) | •••• | •••• | -46.0% | •••• | Thanjavur, Tamil Nadu, India |
| Steadmed Pharmaceuticals Private Limited | ₹1.78 Lakh (FY 2024) | •••• | •••• | 153.0% | •••• | Kanpur, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Medethics Pharmaceuticals by revenue in the Pharma industry (Pharma Retail and Distribution, Pharmaceuticals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Medethics Pharmaceuticals Private Limited
Medethics Pharmaceuticals Private Limited is audited by H. K SAHOO &ASSOCIATES. for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H. K SAHOO &ASSOCIATES. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Medethics Pharmaceuticals Private Limited
Medethics Pharmaceuticals has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kusum Lata Das | Director | 11 Feb 2010 | 16 Years 7 Months | Current |
| Sumanta Kumar Das | Director | 11 Feb 2010 | 16 Years 7 Months | Current |
Ownership and Shareholding of Medethics Pharmaceuticals Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Medethics Pharmaceuticals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Aug 2022 | Indian Bank | ₹66 Lakh | Open |
| 06 Feb 2013 | Allahabad Bank | ₹1.2 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Medethics Pharmaceuticals Private Limited
Medethics Pharmaceuticals Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by an individual | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Medethics Pharmaceuticals Private Limited
Employment history and EPFO contributions of people linked to Medethics Pharmaceuticals.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Medethics Pharmaceuticals Private Limited
Medethics Pharmaceuticals Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Maumitra Mittra ceased to be Director on 30 Apr 2012.
Credit Ratings, Litigation & Regulatory Alerts for Medethics Pharmaceuticals Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Medethics Pharmaceuticals Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Medethics Pharmaceuticals Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Medethics Pharmaceuticals Private Limited
Medethics Pharmaceuticals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Medethics Pharmaceuticals Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Medethics Pharmaceuticals Private Limited
Medethics Pharmaceuticals is an active private limited company based in Bhubaneswar, Odisha, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 11 February 2010 (16+ years old) and is registered under CIN U51397OR2010PTC011609.
Medethics Pharmaceuticals reported revenue of ₹1.8 Lakh for FY 2024 (down 67% YoY).
Medethics Pharmaceuticals has 2 current directors:
- Kusum Lata Das - Director
- Sumanta Kumar Das - Director
Medethics Pharmaceuticals reported a net profit of ₹2,261 (net margin 1.3%) and EBITDA of ₹50,612 (EBITDA margin 28%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Medethics Pharmaceuticals is -50% over three years and -48% over five years. In the latest year (FY 2024) revenue fell 67%. CAGR is the steady yearly rate that links the first and the last year.
No. Medethics Pharmaceuticals has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Medethics Pharmaceuticals is U51397OR2010PTC011609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medethics Pharmaceuticals has 1 court case on record: 1 filed against it. 1 is pending.
Medethics Pharmaceuticals was incorporated on 11 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Medethics Pharmaceuticals by revenue are Dranand's Pharmaceuticals (OPC) Private Limited, Big Human Chemicals & Pharmaceuticals Private Limited, Alviv Pharmaceuticals Private Limited, Lyrist Pharmaceuticals Private Limited, Eyeconic Pharmaceuticals (India) Private Limited and 5 more, all in the Pharma industry (Pharma Retail and Distribution, Pharmaceuticals).
Maumitra Mittra ceased to be Director on 30 Apr 2012. Kusum Lata Das was appointed as Director on 11 Feb 2010. Sumanta Kumar Das was appointed as Director on 11 Feb 2010.