Pace Medical Systems Private Limited

Pace Medical Systems Private Limited - pharma in Thiruvananthapuram, Kerala, India. FY 2026 financials & compliance.
CIN U51397KL2005PTC018324 Incorporated 20 June 2005 ROC Ernakulam HQ Thiruvananthapuram, Kerala, India
Active Private Limited Company pharma
Data last updated
Revenue · FY 2024
₹1.26 Lakh
▼ 60% YoY
Net loss · FY 2024
₹3.27 Lakh
Net margin -260.3%
EBITDA · FY 2024
-₹3.25 Lakh
EBITDA margin -258.4%
Authorised capital
₹6 Lakh
Registered with MCA
Paid-up capital
₹1.2 Lakh
Issued & subscribed
Open charges
₹6 Lakh
Secured borrowings
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings

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 The company has 1 GST registration on record, which is no longer active.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

CIN U51397KL2005PTC018324
Registration Number 018324
Incorporation Date 20 June 2005
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 10 December 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

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 Address
    Lotus No 10 C R Mchaithanya Gardens Paniker S Lane Mannamoola Peroorkada Po, Thiruvananthapuram, Kerala, India – 695005
  • Industry
    Pharma, Pharmaceutical Retailers & Distributors

To see the full contact details of Pace Medical Systems Private Limited, buy the company report.

Comprehensive company report
Pace Medical Systems 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 Pace Medical Systems is hospital and medical care. In detail, this covers other hospital and medical care activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
QHospital and Medical CareQ6Other 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 available

Pace Medical Systems Private Limited reported revenue of ₹1.26 Lakh (down 60% YoY) for FY 2024.

Revenue · FY 2024
₹1.26 Lakh ▼ 60%
Net loss · FY 2024
₹3.27 Lakh margin -260.3%
EBITDA · FY 2024
-₹3.25 Lakh margin -258.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 60%
3 years · compounded
▼ 51%
5 years · compounded
▼ 38%
EBITDA CAGR growth
1 year
▼ 934%
3 years · compounded
▼ 72%
5 years · compounded
▼ 132%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Gopakumar Manikantan NairDirector20 Jun 200521 Years 4 MonthsCurrent
Sreekumar Manikantan NairDirector20 Sep 201016 Years 1 MonthsCurrent

Auditor

Pace Medical Systems Private Limited is audited by JOSE JOHN C for the financial year 2017.

Auditor firmFinancial yearFirm registration number
JOSE JOHN CFY 2017023994

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 categoryFY 2017FY 2016FY 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

Open charges
₹6 Lakh
Satisfied charges
None
Breakdown by lending institutions
Central Bank of India₹0.06 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Oct 200590023226Central Bank of India₹6 LakhOpen

Total charge records: 1 View all charges

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.

Total GSTINs
1
Cancelled / inactive
1

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.

AGM
Pace Medical Systems Private Limited last Annual general meeting of members was held on 10 Dec 2025 as per latest MCA records.
Filing
Pace Medical Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Ceased
Rajammal Murugadas ceased to be Director.
Ceased
Saravanan Subba Raman ceased to be Director.
Appointed
Sreekumar Manikantan Nair was appointed as Director.
Charges
A charge with Central Bank Of India amounted to Rs. 6.00 Lakh with Charge ID 90023226 was registered on 05 Oct 2005.
Appointed
Gopakumar Manikantan Nair was appointed as Director.
Incorporation
20 Jun 2005
Pace Medical Systems Private Limited was registered on 20 Jun 2005 with Roc Ernakulam & aged 21 years 4 months as per MCA records.

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:

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.