About Muthu Pharma Private Limited
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Muthu Pharma Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ascent Wellness And Pharma Solutions Private Limited. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 11 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2016PTC449216. Its GSTIN is 33AAKCM2413N1ZF (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Srinivasa Ramanathan Manickam (Whole-Time Director) and Harshal Ashok Chaudhari.
Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹235.29 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net loss of ₹2.13 Cr (net margin -0.9%) and EBITDA of ₹8.44 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 31% over five years.
The company is associated with 1 brand: Muthu Pharma. As per MCA filings, the company has open charges of ₹35 Cr and satisfied charges of ₹55.94 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹22 Lakh; the latest was in June 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website muthupharma.com.
Company details
CIN history
Muthu Pharma has one previous CIN (Corporate Identification Number): U51909TN2016PTC104638. The current CIN is U51909MH2016PTC449216, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909MH2016PTC449216 | Current |
| U51909TN2016PTC104638 | Previous |
Contact details
Muthu Pharma Private Limited's registered office is in Mumbai, Maharashtra.
- Apps
- Registered AddressB – 3 And B 7 1st Flr Krishna Mill Compound, Sonapur Lane Lbs Marg, Mumbai, Maharashtra, India – 400078
- 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
Brands
Muthu Pharma operates one associated brand: Muthu Pharma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical distributor | muthupharma.com |
Financials of Muthu Pharma Private Limited
FY 2025 filings availableMuthu Pharma Private Limited reported revenue of ₹235.29 Cr (up 53% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 53% growth in the latest year. EBITDA rose 27% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹235.29 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
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| Total Expenses | |||||
| EBITDA | ₹8.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.13 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | ||||
| Net Profit Margin | -0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Muthu Pharma Private Limited, buy the company report.
Board of directors of Muthu Pharma Private Limited
Muthu Pharma has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasa Ramanathan Manickam | Whole-Time Director | 15 Jun 2019 | 7 Years 4 Months | Current |
| Rajaganesan Rajbalaji | Additional Director | 16 Dec 2025 | 0 Years 10 Months | Current |
| Praveen Mishra | Additional Director | 11 Dec 2024 | 1 Years 10 Months | Current |
| Darshan Anil Haria Also directs: Rau and Co Pharma Private Limited, Shell Pharmaceuticals Private Limited, Pearl Medicals Private Limited and 2 more | Additional Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Harshal Ashok Chaudhari Also directs: Rau and Co Pharma Private Limited, Shell Pharmaceuticals Private Limited, Pearl Medicals Private Limited and 3 more | Director | 20 Aug 2025 | 1 Years 2 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Oct 2019 | 100297894 | Axis Bank Limited | ₹35 Cr | Satisfied | |
| 13 Dec 2017 | 100149425 | Others | ₹9.94 Cr | Satisfied | |
| 11 Jul 2017 | 100120568 | Hdfc Bank Limited | ₹6 Cr | Satisfied | |
| 05 Jul 2016 | 100039160 | The Hongkong and Shanghai Banking Corporation Limited | ₹5 Cr | Satisfied |
To see the full charge records of Muthu Pharma Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Muthu Pharma Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹22 Lakh; the latest was in June 2019.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: Ascent Health And Wellness Solutions Private Limited & Siddharth Shah, Ascent Health and Wellness Solutions Private Limited Seller: 4 individuals |
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: Ascent Health and Wellness Solutions Private Limited Seller: 4 individuals |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Ascent Health and Wellness Solutions Private Limited Seller: an individual |
| Mar 2016 | Funding round | ₹22 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Muthu Pharma Private Limited has 4 court cases on record: 3 filed by Muthu Pharma, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Court case (CRL MP) | Filed by the company against State Represented by | Disposed |
| High Court, TAMIL NADU | Court case (CRL OP) | Filed by the company against State Represented by | Disposed |
To see the full case history of Muthu Pharma 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 Muthu Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Muthu Pharma has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCM2413N1ZF | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Muthu Pharma Private Limited, buy the company report.
Recent activity
Muthu Pharma Private Limited has 16 board changes on record since 2016: 5 appointments and 11 cessations. The latest: Rajaganesan Rajbalaji was appointed as Additional Director on 16 Dec 2025.
15 earlier events are in the company report.
Frequently asked questions
Muthu Pharma is an active private limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 11 March 2016 (10+ years old) and is registered under CIN U51909MH2016PTC449216.
Muthu Pharma has 5 current directors:
- Srinivasa Ramanathan Manickam - Whole-Time Director
- Rajaganesan Rajbalaji - Additional Director
- Praveen Mishra - Additional Director
- Darshan Anil Haria - Additional Director
- Harshal Ashok Chaudhari - Director
The latest financial statements of Muthu Pharma on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Muthu Pharma is 33AAKCM2413N1ZF, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Muthu Pharma is U51909MH2016PTC449216. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Muthu Pharma has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the high courts.
Muthu Pharma was incorporated on 11 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Muthu Pharma has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹22 Lakh; the latest was in June 2019.
Rajaganesan Rajbalaji was appointed as Additional Director on 16 Dec 2025. Darshan Anil Haria ceased to be Additional Director on 02 Sep 2025. Harshal Ashok Chaudhari ceased to be Additional Director on 02 Sep 2025. Muthu Pharma has 16 board changes on record in total.
Muthu Pharma can be reached through the website muthupharma.com. Its registered office is in Mumbai, Maharashtra, India.