
Pace Medical Systems Private Limited
About Pace Medical Systems Private Limited
Data last updated:
Pace Medical Systems Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 20 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U51397KL2005PTC018324. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors Gopakumar Manikantan Nair and Sreekumar Manikantan Nair.
Its last annual general meeting (AGM) was held on 10 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Lotus No 10 C R Mchaithanya Gardens Paniker S Lane Mannamoola Peroorkada Po, Thiruvananthapuram, Kerala, India – 695005.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.26 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹3.27 Lakh (net margin -260.3%) and EBITDA of -₹3.25 Lakh (EBITDA margin -258.4%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 38% over five years.
As per MCA filings, the company has open charges of ₹6 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Pace Medical Systems Private Limited's registered office is in Thiruvananthapuram, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressLotus No 10 C R Mchaithanya Gardens Paniker S Lane Mannamoola Peroorkada Po, Thiruvananthapuram, Kerala, India – 695005
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Pace Medical Systems 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
Business activity
The main business activity of Pace Medical Systems is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Pace Medical Systems Private Limited, buy the company report.
Financials of Pace Medical Systems Private Limited
FY 2025 filings availablePace Medical Systems Private Limited reported revenue of ₹1.26 Lakh (down 60% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 60% fall in the latest year. EBITDA fell 934% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹3.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.27 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -258.4% | ||||
| Net Profit Margin | -260.3% | ||||
| 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 Pace Medical Systems Private Limited, buy the company report.
Board of directors of Pace Medical Systems Private Limited
Pace Medical Systems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopakumar Manikantan Nair | Director | 20 Jun 2005 | 21 Years 4 Months | Current |
| Sreekumar Manikantan Nair Also directs: Gayathri Solar Engineering and Exim Private Limited | Director | 20 Sep 2010 | 16 Years 1 Months | Current |
Auditor
Pace Medical Systems Private Limited is audited by JOSE JOHN C for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOSE JOHN C | FY 2017 | 023994 |
Shareholding
The shareholding of Pace Medical Systems Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Pace Medical Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Oct 2005 | 90023226 | Central Bank of India | ₹6 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Pace Medical Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pace Medical Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pace Medical Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pace Medical Systems Private Limited, buy the company report.
Recent activity
Pace Medical Systems Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Rajammal Murugadas ceased to be Director on 11 Dec 2010.
Frequently asked questions
Pace Medical Systems is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 20 June 2005 (21+ years old) and is registered under CIN U51397KL2005PTC018324.
Pace Medical Systems has 2 current directors:
- Gopakumar Manikantan Nair - Director
- Sreekumar Manikantan Nair - Director
The latest financial statements of Pace Medical Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 December 2025. Year-wise statements from 2015 are in the company report.
No. Pace Medical Systems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Pace Medical Systems is U51397KL2005PTC018324. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pace Medical Systems was incorporated on 20 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ernakulam.
Rajammal Murugadas ceased to be Director on 11 Dec 2010. Saravanan Subba Raman ceased to be Director on 11 Dec 2010. Sreekumar Manikantan Nair was appointed as Director on 20 Sep 2010. Pace Medical Systems has 4 board changes on record in total.
The registered office of Pace Medical Systems is at Lotus No 10 C R Mchaithanya Gardens Paniker S Lane Mannamoola Peroorkada Po, Thiruvananthapuram, Kerala, India – 695005.
Pace Medical Systems operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
Pace Medical Systems has open charges of ₹6 Lakh and no satisfied charges on record as per latest MCA filings.