About Meher Distributors Private Limited
Data last updated:
Meher Distributors Private Limited was a private limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Keimed Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 11 January 2001.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24239TS2001PTC175426. Its GSTIN is 27AACCM4300Q1ZC (Maharashtra). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹9.56 Cr and a paid-up capital of ₹1.51 Cr. It was led by directors including Gilan Plumarz Ferzandi (Managing Director) and Parvin Plumarz Ferzandi.
Its last annual general meeting (AGM) was held on 24 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹661.18 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹4.77 Cr (net margin 0.7%) and EBITDA of ₹10.33 Cr (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 11% over five years.
The company had about 559 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 3 subsidiaries.
The company was associated with 1 brand: Meher Distributors. As per MCA filings, the company had satisfied charges of ₹92.74 Cr on record. Court records list 15 cases involving the company, including 10 filed by the company and 5 filed against it; 6 cases are pending. The company has 12 deals on record (10 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.55 Cr; the latest was in November 2022. Its 7 peer companies in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 2 smaller; the largest is Herbatone Specialities Private Limited with revenue of ₹6.57 Cr. The company has 9 MSME Form 1 returns on record between 2020 and 2023, listing 24 overdue payments to 4 micro and small suppliers.
The last known website on record is meherdistributors.com.
Company details
CIN history
Meher Distributors has one previous CIN (Corporate Identification Number): U24239MH2001PTC130423. The current CIN is U24239TS2001PTC175426, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24239TS2001PTC175426 | Current |
| U24239MH2001PTC130423 | Previous |
Contact details
Meher Distributors Private Limited's registered office is in Hyderabad, Telangana. Its website is meherdistributors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressD. No 7 – 2 – 1740 K.Subbaiah Pillai Godowns, Main Road Sanath Nagar, Hyderabad, Telangana, India – 500018
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Meher Distributors 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
Brands
Meher Distributors operates one associated brand: Meher Distributors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wholesaler and distributor of pharmaceutical products to retailers and hospitals. | meherdistributors.com |
Financials of Meher Distributors Private Limited
FY 2023 filings availableMeher Distributors Private Limited reported revenue of ₹661.18 Cr (up 18% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 18% growth in the latest year. EBITDA rose 54% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹661.18 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.77 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Meher Distributors Private Limited, buy the company report.
Board of directors of Meher Distributors Private Limited
Meher Distributors has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Kumar Venkat Also directs: Meher Lifecare Private Limited, New Amar Pharmaceuticals Private Limited, Shanbalaji Pharma Distributors Private Limited and 5 more | Nominee Director | 02 Dec 2009 | 16 Years 10 Months | As last reported |
| Parvin Plumarz Ferzandi Also directs: Farmacross India Private Limited | Director | 01 Nov 2012 | 13 Years 11 Months | As last reported |
| Gilan Plumarz Ferzandi Also directs: Ferzandi Consulting LLP, Shri Datta Agencies Private Limited, Meher Lifecare Private Limited and 4 more | Managing Director | 09 Mar 2001 | 25 Years 7 Months | As last reported |
Peer comparison
Meher Distributors Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Meher Distributors Private Limitedthis company | ₹661.18 Cr (FY 2023) | ₹4.77 Cr | 0.7% | 18.0% | 559 | Hyderabad, Telangana, India |
| Herbatone Specialities Private Limited | ₹6.57 Cr (FY 2024) | 9.0% | Nagpur, Maharashtra, India | |||
| Edifice Life Sciences Private Limited | ₹6.55 Cr (FY 2025) | -1.0% | Gurgaon, Haryana, India | |||
| Allen Biopharma Limited | ₹6.55 Cr (FY 2024) | 39.0% | Kolkata, West Bengal, India | |||
| Falcon Nutraceuticals Private Limited | ₹6.54 Cr (FY 2025) | 4.0% | Ahmedabad, Gujarat, India | |||
| E Bio Remedies Limited | ₹6.54 Cr (FY 2025) | 24.0% | Nagpur, Maharashtra, India | |||
| Alwin Willcure Pharmaceuticals Private Limited | ₹6.52 Cr (FY 2025) | 15.0% | New Delhi, Delhi, India | |||
| Genesia Pharmaceuticals (India) Private Limited | ₹6.51 Cr (FY 2024) | 23.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Meher Distributors Private Limited, buy the company report.
Auditor
Meher Distributors Private Limited is audited by For Uzayr Hawa & Associates Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| For Uzayr Hawa & Associates Chartered Accountants | FY 2023 | 143823W |
Shareholding
The shareholding of Meher Distributors 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 Meher Distributors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Nov 2022 | 100645448 | The Zoroastrian Co-Operative Bank Limited | ₹29.5 Lakh | Satisfied | |
| 06 May 2021 | 100446658 | Hdfc Bank Limited | ₹1.75 Cr | Satisfied | |
| 08 Feb 2021 | 100416337 | Hdfc Bank Limited | ₹6 Lakh | Satisfied | |
| 03 Aug 2020 | 100366356 | The Zoroastrian Co-Operative Bank Limited | ₹39.45 Lakh | Satisfied | |
| 20 May 2020 | 100338353 | Hdfc Bank Limited | ₹1.2 Cr | Satisfied |
To see the full charge records of Meher Distributors Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Meher Distributors Private Limited has 12 deals on record (10 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.55 Cr; the latest was in November 2022.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Secondary share transfer | Undisclosed | Seller: Keimed Private Limited , an individual |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Keimed Private Limited |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: Keimed Private Limited Seller: 4 individuals |
| Jun 2021 | Secondary share transfer | Undisclosed | Seller: Keimed Private Limited , an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Seller: Keimed Private Limited , an individual |
To see the full deal history of Meher Distributors Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Meher Distributors Private Limited has 15 court cases on record: 10 filed by Meher Distributors, 5 filed against it. 6 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 2 | 5 |
| High courts | 3 | 3 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (NMCD) | Filed against the company by Ajanta Pharma Limited | Pending |
| Bombay High Court | Court case (NMCD) | Filed against the company by Ajanta Pharma Ltd | Disposed |
| Bombay High Court | Court case (COMIP) | Filed against the company by Ajanta Pharma Limited | Disposed |
| District court, Thane, Maharashtra | Court case (R.C.C.) | Filed against the company by State THR. A. S. Kambli Drugs Inspector | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Meher Distributors 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.
Credit ratings & regulatory alerts
Meher Distributors Private Limited was last rated by Care on 04 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Feb 2022 |
To see the full credit ratings and regulatory alerts of Meher Distributors Private Limited, buy the company report.
MSME payment delays
Meher Distributors Private Limited has 9 MSME Form 1 returns on record between 2020 and 2023, listing 24 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Micropark Logistics Private Limited | |||
| Health 'N' U Therapeutics Private Limited | |||
| Sisu Biosciences Private Limited | |||
| Bell Pharma Private Limited |
To see the full MSME payment records of Meher Distributors Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Meher Distributors has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Meher Lifecare Private Limited | U51909MH2022PTC378193 | |
| New Welcome Agencies Private Limited | U74999MH2021PTC357121 | |
| Kamal Distributors Private Limited | U99999MH1988PTC049727 |
To see the full group structure of Meher Distributors Private Limited, buy the company report.
Employees & EPFO
Meher Distributors Private Limited has a workforce of 559 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Meher Distributors has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM4300Q1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Meher Distributors Private Limited, buy the company report.
Recent activity
Meher Distributors Private Limited has 6 board changes on record since 2001: 3 appointments and 3 cessations. The latest: Taruna Chimanlal Joshi ceased to be Nominee Director on 24 Dec 2019.
36 earlier events are in the company report.
Frequently asked questions
Meher Distributors has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Meher Distributors was a private limited company based in Hyderabad, Telangana, India. The company worked in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 11 January 2001 and is registered under CIN U24239TS2001PTC175426. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Meher Distributors was incorporated on 11 January 2001. It is registered with the Registrar of Companies, Hyderabad.
Meher Distributors had 3 directors:
- Gilan Plumarz Ferzandi - Managing Director
- Arvind Kumar Venkat - Nominee Director
- Parvin Plumarz Ferzandi - Director
The CIN (Corporate Identification Number) of Meher Distributors is U24239TS2001PTC175426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Meher Distributors is at D. No 7 – 2 – 1740 K.Subbaiah Pillai Godowns, Main Road Sanath Nagar, Hyderabad, Telangana, India – 500018.
Meher Distributors can be reached through the website meherdistributors.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Meher Distributors on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 24 August 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Meher Distributors is 27AACCM4300Q1ZC, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Meher Distributors operated in the pharma industry, in the pharmaceutical retailers and distributors segment.
Meher Distributors has 12 deals on record (10 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.55 Cr; the latest was in November 2022.
The peers of Meher Distributors by revenue are Herbatone Specialities Private Limited, Edifice Life Sciences Private Limited, Allen Biopharma Limited, Falcon Nutraceuticals Private Limited, E Bio Remedies Limited and 2 more, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).