Midasmeditech Private Limited
About Midasmeditech Private Limited
Data last updated:
Midasmeditech Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 04 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U24230KL2020PTC061447. Its GSTIN is 32AANCM2969G1Z8 (Kerala).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Nishad Kottakkunnummal Balan (Managing Director) and Karthiayani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kozhikode, Kerala.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.12 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹90.26 Lakh (net margin 4.3%) and EBITDA of ₹1.89 Cr (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.
As per MCA filings, the company has open charges of ₹6.48 Cr and satisfied charges of ₹2.92 Cr on record.
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- Registered AddressDoor No.25 – 310/C Aspire Building, Maladath Thazham Road Thondayad Junction Chevarambalam P.O, Kozhikode, Kerala, India – 673017
- 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
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Business Activity of Midasmeditech Private Limited
The main business activity of Midasmeditech is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Midasmeditech Private Limited FY 2025 filings available
Midasmeditech Private Limited reported revenue of ₹21.12 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Midasmeditech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over three years, including 26% growth in the latest year. EBITDA rose 17% 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 Midasmeditech Private Limited
| 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 | ₹1.89 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹90.26 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 of Midasmeditech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.3% | •••• | •••• | •••• | •••• |
| 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 Midasmeditech are in the company report.
Financial statements from FY 2020
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 Midasmeditech Private Limited
Midasmeditech Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sanchi Organics Pvt Ltd | ₹21.15 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Aurum Lifesciences Private Limited | ₹21.14 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Vadodara, Gujarat, India |
| Tanox Metachem Limited | ₹21.14 Cr (FY 2020) | •••• | •••• | •••• | Gurugram, Haryana, India | |
| Zenasia Life Sciences Private Limited | ₹21.14 Cr (FY 2025) | •••• | •••• | 105.0% | •••• | Sangareddy, Telangana, India |
| Citifix Adhesives Private Limited | ₹21.13 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Nizamuddin West, Delhi, India |
| Midasmeditech Private Limited this company | ₹21.12 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Kozhikode, Kerala, India |
| Avance Healthcare Private Limited | ₹21.12 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Rajkot, Gujarat, India |
| Macson Color Chem Private Limited | ₹21.11 Cr (FY 2023) | •••• | •••• | -67.0% | •••• | Surat, Gujarat, India |
| Rchem Industries Private Limited | ₹21.1 Cr (FY 2018) | •••• | •••• | 33.0% | •••• | Hoshiarpur, Punjab, India |
| Vishwadutt Minerals Pvt Ltd | ₹21.09 Cr (FY 2022) | •••• | •••• | 0.0% | •••• | Nagpur, Maharashtra, India |
| Ishaanav Nutraceuticals Private Limited | ₹21.09 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Dehradun, Uttarakhand, India |
Peers are the five companies nearest above and the five nearest below Midasmeditech by revenue in the same principal business activity (Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), 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 Midasmeditech Private Limited
Midasmeditech Private Limited is audited by MATHEW AND THANKACHAN for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MATHEW AND THANKACHAN | 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 Midasmeditech Private Limited
Midasmeditech has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karthiayani | Director | 17 Feb 2020 | 6 Years 7 Months | Current |
| Nishad Kottakkunnummal Balan Also directs: Midasmeditech Kannur Private Limited | Managing Director | 04 Feb 2020 | 6 Years 8 Months | Current |
| Balan | Director | 04 Feb 2020 | 6 Years 8 Months | Current |
| Jesna Parachottil Balan Also directs: Midasmeditech Kannur Private Limited | Director | 04 Feb 2020 | 6 Years 8 Months | Current |
Ownership and Shareholding of Midasmeditech 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 Midasmeditech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2025 | State Bank of India | ₹12.7 Lakh | Open |
| 20 Jun 2024 | Others | ₹48.12 Lakh | Open |
| 24 Feb 2022 | State Bank of India | ₹5.87 Cr | Open |
| 07 Feb 2021 | Others | ₹49.5 Lakh | Satisfied |
| 30 Oct 2020 | Others | ₹2 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Midasmeditech Private Limited
Employment history and EPFO contributions of people linked to Midasmeditech.
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 Midasmeditech Private Limited
Midasmeditech Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Karthiayani was appointed as Director on 17 Feb 2020.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Midasmeditech 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 Midasmeditech 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 Midasmeditech 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 Midasmeditech Private Limited
Midasmeditech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AANCM2969G1Z8 | Kerala | Active | 26 Feb 2020 |
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 Midasmeditech 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 Midasmeditech Private Limited
Midasmeditech is an active private limited company based in Kozhikode, Kerala, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 04 February 2020 (6+ years old) and is registered under CIN U24230KL2020PTC061447.
Midasmeditech reported revenue of ₹21.12 Cr for FY 2025 (up 26% YoY).
Midasmeditech has 4 current directors:
- Nishad Kottakkunnummal Balan - Managing Director
- Karthiayani - Director
- Balan - Director
- Jesna Parachottil Balan - Director
Midasmeditech reported a net profit of ₹90.26 Lakh (net margin 4.3%) and EBITDA of ₹1.89 Cr (EBITDA margin 8.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Midasmeditech is 16% over three years. In the latest year (FY 2025) revenue rose 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Midasmeditech is 32AANCM2969G1Z8, registered in Kerala.
The CIN (Corporate Identification Number) of Midasmeditech is U24230KL2020PTC061447. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midasmeditech was incorporated on 04 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Midasmeditech by revenue are Sanchi Organics Pvt Ltd, Aurum Lifesciences Private Limited, Tanox Metachem Limited, Zenasia Life Sciences Private Limited, Citifix Adhesives Private Limited and 5 more, all in the same principal business activity (Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Karthiayani was appointed as Director on 17 Feb 2020. Balan was appointed as Director on 04 Feb 2020. Jesna Parachottil Balan was appointed as Director on 04 Feb 2020. Midasmeditech has 4 board changes on record in total.
The registered office of Midasmeditech is at Door No.25 – 310C Aspire Building, Maladath Thazham Road Thondayad Junction Chevarambalam P.O, Kozhikode, Kerala, India – 673017.