- Category
- Small (2022-23)
- Udyam number
- UDYAM-TN-02-0068995

About Mova Pharmaceuticals Private Limited
Data last updated:
Mova Pharmaceuticals Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 28 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24232TN2006PTC060982. Its GSTIN is 33AAECM8334L1Z9 (Tamil Nadu).
The company has an authorised share capital of ₹1.9 Cr and a paid-up capital of ₹1.9 Cr. It is led by directors Yelchuru Jaganmohan (Managing Director) and Yelchuru Vikram (Whole-Time Director).
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 B – 1 First Floor New No. 45 Old No. 23 1st Main Road West Shenoy Nagar, Chennai, Tamil Nadu, India – 600030.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.88 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹3.64 Cr (net margin -93.9%) and EBITDA of -₹2.36 Cr (EBITDA margin -60.7%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 22% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mova Pharmaceuticals. As per MCA filings, the company has open charges of ₹10.67 Lakh and satisfied charges of ₹6.25 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
Mova Pharmaceuticals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0068995). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website movapharma.com.
Company details
Recognitions & Rankings of Mova Pharmaceuticals
Contact details
Mova Pharmaceuticals Private Limited's registered office is in Chennai, Tamil Nadu. Its website is movapharma.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB – 1 First Floor New No. 45 Old No. 23 1st Main Road West Shenoy Nagar, Chennai, Tamil Nadu, India – 600030
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Mova Pharmaceuticals 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
Mova Pharmaceuticals operates one associated brand: Mova Pharmaceuticals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical manufacturing and distribution of psychiatric, cardiovascular, and gynecological ranges in India. | movapharma.com |
Business activity
The main business activity of Mova Pharmaceuticals 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 Mova Pharmaceuticals Private Limited, buy the company report.
Financials of Mova Pharmaceuticals Private Limited
FY 2025 filings availableMova Pharmaceuticals Private Limited reported revenue of ₹3.88 Cr (down 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 48% fall in the latest year. EBITDA fell 236% 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 |
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| EBITDA | -₹2.36 Cr | ||||
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| Net Profit (PAT) | -₹3.64 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -60.7% | ||||
| Net Profit Margin | -93.9% | ||||
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To see the full financial statements and ratios of Mova Pharmaceuticals Private Limited, buy the company report.
Board of directors of Mova Pharmaceuticals Private Limited
Mova Pharmaceuticals has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yelchuru Vikram Also directs: Mova Consultants Private Limited, Sali Health Care Private Limited | Whole-Time Director | 28 Aug 2006 | 20 Years 2 Months | Current |
| Yelchuru Jaganmohan Also directs: Mova Consultants Private Limited, Sali Health Care Private Limited | Managing Director | 08 Dec 2006 | 19 Years 10 Months | Current |
Auditor
Mova Pharmaceuticals Private Limited is audited by VENKAT & VASAN for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VENKAT & VASAN | FY 2021 | 004598S |
Shareholding
The shareholding of Mova Pharmaceuticals Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mova Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2023 | 100709545 | Hdfc Bank Limited | ₹10.67 Lakh | Open | |
| 14 Oct 2011 | 10314337 | Dhanlaxmi Bank Limited | ₹3 Cr | Satisfied | |
| 02 Feb 2007 | 10035748 | Andhra Bank | ₹3.25 Cr | Satisfied |
To see the full charge records of Mova Pharmaceuticals Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Mova Pharmaceuticals Private Limited has 4 court cases on record: 1 filed by Mova Pharmaceuticals, 3 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Cheque dishonour complaint | Filed against the company by M/S Clix Capital Services Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Tata Capital Limited | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Union of India | Pending |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Mova Pharmaceuticals 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 Mova Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mova Pharmaceuticals Private Limited has a workforce of 10 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Mova Pharmaceuticals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECM8334L1Z9 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mova Pharmaceuticals Private Limited, buy the company report.
Recent activity
Mova Pharmaceuticals Private Limited has 10 board changes on record since 2006: 2 appointments and 8 cessations. The latest: Arul Balaji ceased to be Director on 31 Jan 2026.
7 earlier events are in the company report.
Frequently asked questions
Mova Pharmaceuticals is an active private limited company based in Chennai, Tamil Nadu, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 28 August 2006 (20+ years old) and is registered under CIN U24232TN2006PTC060982.
Mova Pharmaceuticals has 2 current directors:
- Yelchuru Jaganmohan - Managing Director
- Yelchuru Vikram - Whole-Time Director
The latest financial statements of Mova Pharmaceuticals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mova Pharmaceuticals is 33AAECM8334L1Z9, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Mova Pharmaceuticals is U24232TN2006PTC060982. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mova Pharmaceuticals has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Mova Pharmaceuticals was incorporated on 28 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
Arul Balaji ceased to be Director on 31 Jan 2026. Pankaj ceased to be Director on 31 Jan 2026. Prabhu Ram Subramanian ceased to be Director on 31 Jan 2026. Mova Pharmaceuticals has 10 board changes on record in total.
Yes, Mova Pharmaceuticals is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0068995).
Mova Pharmaceuticals can be reached through the website movapharma.com. Its registered office is in Chennai, Tamil Nadu, India.