Oriental Medicines Pvt Ltd
About Oriental Medicines Pvt Ltd
Data last updated:
Oriental Medicines Pvt Ltd is a private limited company based in Alappuzha, Kerala, India. It operates in the ayurvedic products and services segment of the healthcare sector. It was incorporated on 24 September 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U24231KL1982PTC003618. Its GSTIN is 32AAACO2329P1ZE (Kerala).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹11.61 Lakh. It is led by directors including Remesh Kesavan (Managing Director) and Sathy Chatthanad Kesavan.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Dhanwantari Bhavan1574 Balbhavan Road, Alappuzha, Kerala, India – 688001.
As per the financials filed for FY 2021, the company reported a revenue of ₹62.14 Lakh, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹2.59 Lakh (net margin -4.2%) and EBITDA of -₹2.18 Lakh (EBITDA margin -3.5%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 14% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.28 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Oriental Medicines Pvt Ltd's registered office is in Alappuzha, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDhanwantari Bhavan1574 Balbhavan Road, Alappuzha, Kerala, India – 688001
- IndustryHealthcare, Ayurvedic Products & Services
To see the full contact details of Oriental Medicines Pvt Ltd, 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
Business activity
The main business activity of Oriental Medicines is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Oriental Medicines Pvt Ltd, buy the company report.
Financials of Oriental Medicines Pvt Ltd
FY 2021 filings availableOriental Medicines Pvt Ltd reported revenue of ₹62.14 Lakh (up 22% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 22% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA rose 18% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹2.18 Lakh | ||||
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| Net Profit (PAT) | -₹2.59 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -3.5% | ||||
| Net Profit Margin | -4.2% | ||||
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To see the full financial statements and ratios of Oriental Medicines Pvt Ltd, buy the company report.
Board of directors of Oriental Medicines Pvt Ltd
Oriental Medicines has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sathy Chatthanad Kesavan | Director | 23 Sep 1985 | 41 Years 1 Months | Current |
| Girija Ramesh | Director | 08 Feb 1996 | 30 Years 8 Months | Current |
| Remesh Kesavan | Managing Director | 24 Sep 1982 | 44 Years 1 Months | Current |
| Kesavan Dinesh | Director | 25 Jan 1989 | 37 Years 9 Months | Current |
| Neeta Dinesh | Director | 08 Feb 1996 | 30 Years 8 Months | Current |
Peer comparison
Oriental Medicines Pvt Ltd is compared with the 3 companies closest to it by revenue in the Healthcare industry (Ayurvedic Products and Services), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mi Lab Lifesciences Private Limited | ₹62.33 Lakh (FY 2024) | -26.0% | Bangalore, Karnataka, India | |||
| Oriental Medicines Pvt Ltdthis company | ₹62.14 Lakh (FY 2021) | -₹2.59 Lakh | -4.2% | 22.0% | 8 | Alappuzha, Kerala, India |
| Birla Pharmaceuticals Private Limited | ₹61.48 Lakh (FY 2024) | 13.0% | Sri Ganganagar, Rajasthan, India | |||
| Shree Lokanath Pharmaceuticals Private Limited | ₹61.47 Lakh (FY 2025) | 41.0% | Aurangabad, Maharashtra, India |
To see the full peer comparison of Oriental Medicines Pvt Ltd, buy the company report.
Auditor
Oriental Medicines Pvt Ltd is audited by RANGAMANI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RANGAMANI & CO | FY 2019 | 003050S |
Shareholding
The shareholding of Oriental Medicines Pvt Ltd is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Oriental Medicines Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 May 2008 | 10110700 | The Federal Bank Limited | ₹5.22 Cr | Open | |
| 03 May 2006 | 10002779 | State Bank of Travancore | ₹1.75 Cr | Open | |
| 28 Sep 2005 | 90021150 | State Bank of Travancore | ₹2.2 Cr | Open | |
| 26 Mar 1997 | 90016828 | Sundram Finance Ltd. | ₹2.11 Lakh | Open | |
| 09 May 1995 | 90016351 | State Bank of Travancore | ₹6 Lakh | Open |
To see the full charge records of Oriental Medicines Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Legal cases
Oriental Medicines Pvt Ltd has 4 court cases on record: 2 filed by Oriental Medicines, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against The Registrar of Comapanies and 1 other | Disposed |
| District court, Alappuzha, Kerala | Criminal complaint | Filed by the company against individuals | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by M/S Precision Engineering Enterprises | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Oriental Medicines Pvt Ltd, 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 Oriental Medicines Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Oriental Medicines Pvt Ltd has a workforce of 8 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Oriental Medicines has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACO2329P1ZE | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Oriental Medicines Pvt Ltd, buy the company report.
Recent activity
Oriental Medicines Pvt Ltd has 5 board changes on record since 1982: 5 appointments. The latest: Girija Ramesh was appointed as Director on 08 Feb 1996.
4 earlier events are in the company report.
Frequently asked questions
Oriental Medicines is an active private limited company based in Alappuzha, Kerala, India. The company works in ayurvedic products and services, within the healthcare industry. It was incorporated on 24 September 1982 (44+ years old) and is registered under CIN U24231KL1982PTC003618.
Oriental Medicines has 5 current directors:
- Remesh Kesavan - Managing Director
- Sathy Chatthanad Kesavan - Director
- Girija Ramesh - Director
- Kesavan Dinesh - Director
- Neeta Dinesh - Director
The latest financial statements of Oriental Medicines on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Oriental Medicines is 32AAACO2329P1ZE, registered in Kerala.
The CIN (Corporate Identification Number) of Oriental Medicines is U24231KL1982PTC003618. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Oriental Medicines has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.
Oriental Medicines was incorporated on 24 September 1982, making it 44+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Oriental Medicines by revenue are Mi Lab Lifesciences Private Limited, Birla Pharmaceuticals Private Limited, Shree Lokanath Pharmaceuticals Private Limited, all in the Healthcare industry (Ayurvedic Products and Services), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Girija Ramesh was appointed as Director on 08 Feb 1996. Neeta Dinesh was appointed as Director on 08 Feb 1996. Kesavan Dinesh was appointed as Director on 25 Jan 1989. Oriental Medicines has 5 board changes on record in total.
The registered office of Oriental Medicines is at Dhanwantari Bhavan1574 Balbhavan Road, Alappuzha, Kerala, India – 688001.
Oriental Medicines operates in the healthcare industry, in the ayurvedic products and services segment.
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