MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0047142
Varisham Healthcare Private Limited - pharma in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹49.88 Lakh
▼ 50% YoY
Net loss · FY 2022
₹19.1 Lakh
Net margin -38.3%
EBITDA · FY 2022
-₹17.49 Lakh
EBITDA margin -35.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Satisfied charges
₹7 Cr
No open charges
Company age
20 yrs
Est. 2006
Directors on board
2
As per MCA filings
About Varisham Healthcare Private Limited
Data last updated:
Varisham Healthcare 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 07 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51397TN2006PTC060470. Its GSTIN is 33AACCN3357L1ZD (Tamil Nadu). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Nava Yugha Pharma Private Limited. It is led by directors Janakiraman Srinivasan and Janakiraman Priya.
Its last annual general meeting (AGM) was held on 30 October 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 13/6 37th Street Nanganallur Chennai – 61, Tamil Nadu, India.
As per the financials filed for FY 2022, the company reported a revenue of ₹49.88 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹19.1 Lakh (net margin -38.3%) and EBITDA of -₹17.49 Lakh (EBITDA margin -35.1%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 52% over five years.
As per MCA filings, the company has satisfied charges of ₹7 Cr on record. Court records list 28 cases involving the company, including 21 filed by the company and 7 filed against it; 1 case is pending.
Varisham Healthcare Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0047142). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website navayugha.in.
Company details
CIN U51397TN2006PTC060470
Registration Number 060470
Incorporation Date 07 July 2006
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 October 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0047142
Recognitions & Rankings of Varisham Healthcare
Contact details
Varisham Healthcare Private Limited's registered office is in Chennai, Tamil Nadu. Its website is navayugha.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address13/6 37th Street Nanganallur Chennai – 61, Tamil Nadu, India
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Varisham Healthcare Private Limited, buy the company report.
Comprehensive company report
Varisham Healthcare Private Limited - one report that includes everything
- 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
The main business activity of Varisham Healthcare 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 Varisham Healthcare Private Limited, buy the company report.
Financials of Varisham Healthcare Private Limited
FY 2022 filings availableVarisham Healthcare Private Limited reported revenue of ₹49.88 Lakh (down 50% YoY) for FY 2022.
Revenue · FY 2022
₹49.88 Lakh ▼ 50%
Net loss · FY 2022
₹19.1 Lakh margin -38.3%
EBITDA · FY 2022
-₹17.49 Lakh margin -35.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 50%
3 years · compounded
▼ 41%
5 years · compounded
▼ 52%
EBITDA CAGR growth
1 year
▼ 381%
3 years · compounded
▲ 10%
5 years · compounded
▼ 17%
Revenue has declined at a compounded annual rate (CAGR) of 52% over five years, including a 50% fall in the latest year. EBITDA fell 381% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹49.88 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹17.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.1 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -35.1% | ||||
| Net Profit Margin | -38.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Varisham Healthcare Private Limited, buy the company report.
Board of directors of Varisham Healthcare Private Limited
Varisham Healthcare has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Janakiraman Srinivasan | Director | 07 Jul 2006 | 20 Years 4 Months | Current |
| Janakiraman Priya | Additional Director | 01 Oct 2015 | 11 Years 1 Months | Current |
Peer comparison
Varisham Healthcare Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Varisham Healthcare Private Limitedthis company | ₹49.88 Lakh (FY 2022) | -₹19.1 Lakh | -38.3% | -50.0% | Chennai, Tamil Nadu, India | |
| Curenetic Pharmaceuticals Private Limited | ₹49.82 Lakh (FY 2025) | 8.0% | Noida, Uttar Pradesh, India | |||
| Unique Medicare Private Limited | ₹49.8 Lakh (FY 2025) | 127.0% | New Delhi, Delhi, India | |||
| Oxygen Life Care Private Limited | ₹49.74 Lakh (FY 2024) | -25.0% | Howrah, West Bengal, India | |||
| Sunrise Mediworld Private Limited | ₹49.72 Lakh (FY 2025) | 36.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Varisham Healthcare Private Limited, buy the company report.
Auditor
Varisham Healthcare Private Limited is audited by SASTHS SWAROOP YERRA AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SASTHS SWAROOP YERRA AND CO | FY 2022 |
Shareholding
The shareholding of Varisham Healthcare 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 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varisham Healthcare Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2010 | 10208820 | State Bank of India | ₹7 Cr | Satisfied |
To see the full charge records of Varisham Healthcare Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Varisham Healthcare Private Limited has 28 court cases on record: 21 filed by Varisham Healthcare, 7 filed against it. 1 case is pending and 27 are disposed.
Total cases
28
Filed by the company
21
Filed against the company
7
Pending
1
Disposed
27
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 3 | 1 |
| High courts | 9 | 4 | 0 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (CRL RC) | Filed by the company against M/S.Nava Healthcare Private Limited and 3 others | Disposed |
| District court, Chengalpattu, Tamil Nadu | Criminal complaint | Filed by the company against M/S. Nava Healthcare Pvt Ltd., Rep by Its Director and Aut.Sig1.Hemant Kulbir Kumar 2.Vani3. Shiva | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Rahul Distributors | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by Medley Pharmaceuticals Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Ms Medley Pharmaceutical Ltd | Pending |
To see the full case history of Varisham Healthcare 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 Varisham Healthcare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varisham Healthcare has 5 GST registrations: 1 active and 4 cancelled or inactive.
Total GSTINs
5
Active
1
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCN3357L1ZD | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varisham Healthcare Private Limited, buy the company report.
Recent activity
Varisham Healthcare Private Limited has 4 board changes on record since 2006: 3 appointments and 1 cessation. The latest: Hemant Suri ceased to be Director on 18 Dec 2015.
AGM
Varisham Healthcare Private Limited last Annual general meeting of members was held on 30 Oct 2022 as per latest MCA records.
Filing
Varisham Healthcare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.
Charges
A charge registered on 18 Mar 2010 via Charge ID 10208820 with State Bank Of India was fully satisfied on 04 Apr 2018.
Ceased
Hemant Suri ceased to be Director.
Appointed
Janakiraman Priya was appointed as Additional Director.
Charges
A charge with State Bank Of India of Rs. 700.00 Lakh registered on 18 Mar 2010 with Charge ID 10208820 was modified on 12 May 2015.
Charges
A charge with State Bank Of India amounted to Rs. 700.00 Lakh with Charge ID 10208820 was registered on 18 Mar 2010.
Appointed
Hemant Suri was appointed as Director.
Appointed
Janakiraman Srinivasan was appointed as Director.
Incorporation
07 Jul 2006
Varisham Healthcare Private Limited was registered on 07 Jul 2006 with Roc Chennai & aged 20 years 4 months as per MCA records.
Frequently asked questions
Varisham Healthcare 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 07 July 2006 (20+ years old) and is registered under CIN U51397TN2006PTC060470.
Varisham Healthcare has 2 current directors:
- Janakiraman Srinivasan - Director
- Janakiraman Priya - Additional Director
The latest financial statements of Varisham Healthcare on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 October 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Varisham Healthcare is 33AACCN3357L1ZD, registered in Tamil Nadu. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Varisham Healthcare is U51397TN2006PTC060470. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varisham Healthcare has 28 court cases on record: 21 filed by the company and 7 filed against it. 1 is pending. Most are in the district courts.
Varisham Healthcare was incorporated on 07 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Varisham Healthcare by revenue are Curenetic Pharmaceuticals Private Limited, Unique Medicare Private Limited, Oxygen Life Care Private Limited, Sunrise Mediworld Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Hemant Suri ceased to be Director on 18 Dec 2015. Janakiraman Priya was appointed as Additional Director on 01 Oct 2015. Hemant Suri was appointed as Director on 07 Jul 2006. Varisham Healthcare has 4 board changes on record in total.
Yes, Varisham Healthcare is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0047142).
Varisham Healthcare can be reached through the website navayugha.in. Its registered office is in Chennai, Tamil Nadu, India.
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