MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-TS-02-0020653
Palamur Biosciences Private Limited - life sciences in Secunderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹60.63 Cr
▲ 39% YoY
Net profit · FY 2023
₹14.34 Cr
Net margin 23.6%
EBITDA · FY 2023
₹25.64 Cr
EBITDA margin 42.3%
Authorised capital
₹6.7 Cr
Registered with MCA
Paid-up capital
₹55.3 Lakh
Issued & subscribed
Open charges
₹30.47 Cr
Satisfied ₹16.98 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
260
Provident fund records
About Palamur Biosciences Private Limited
Data last updated:
Palamur Biosciences Private Limited is a private limited company based in Secunderabad, Telangana, India, a subsidiary of Palamur Medicare Private Limited. It operates in the biotechnology segment of the life sciences sector. It was incorporated on 24 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U01403TG2008PTC059829. Its GSTIN is 36AAHCA4201H1Z3 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6.7 Cr and a paid-up capital of ₹55.3 Lakh. It was formerly known as Aptus Biosciences Private Limited. It is led by directors including Krishna Reddy Kankanala and Venkat Reddy Kankanala.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #401 Aikya 4th Floor H.No.10 – 3 – 32/9/23 Opp. Faust High School East Marredpally, Secunderabad, Telangana, India – 500026.
As per the financials filed for FY 2023, the company reported a revenue of ₹60.63 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹14.34 Cr (net margin 23.6%) and EBITDA of ₹25.64 Cr (EBITDA margin 42.3%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years.
The company has about 260 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Palamur Biosciences. As per MCA filings, the company has open charges of ₹30.47 Cr and satisfied charges of ₹16.98 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending. The company has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹10.22 Cr; the latest was in March 2022. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 6 micro and small suppliers.
Palamur Biosciences Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0020653). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website palamurbio.com.
Company details
CIN U01403TG2008PTC059829
Registration Number 059829
Incorporation Date 24 June 2008
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Parent Company Palamur Medicare Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TS-02-0020653
CIN history
Palamur Biosciences has one previous CIN (Corporate Identification Number): U01403AP2008PTC059829. The current CIN is U01403TG2008PTC059829, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01403TG2008PTC059829 | Current |
| U01403AP2008PTC059829 | Previous |
Key People
Krishna Reddy Kankanala Director Venkat Reddy Kankanala Director Subhashini Vijayaragavan Director Recognitions & Rankings of Palamur Biosciences
Contact details
Palamur Biosciences Private Limited's registered office is in Secunderabad, Telangana. Its website is palamurbio.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#401 Aikya 4th Floor H.No.10 – 3 – 32/9/23 Opp. Faust High School East Marredpally, Secunderabad, Telangana, India – 500026
- IndustryLife Sciences, Biotechnology
To see the full contact details of Palamur Biosciences Private Limited, buy the company report.
Comprehensive company report
Palamur Biosciences 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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Brands
Palamur Biosciences operates one associated brand: Palamur Biosciences. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of preclinical developmental services | palamurbio.com |
Business activity
The main business activity of Palamur Biosciences is agriculture, forestry, fishing. In detail, this covers production of crops and animals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals |
To see the full business activity and turnover split of Palamur Biosciences Private Limited, buy the company report.
Financials of Palamur Biosciences Private Limited
FY 2024 filings availablePalamur Biosciences Private Limited reported revenue of ₹60.63 Cr (up 39% YoY) for FY 2023.
Revenue · FY 2023
₹60.63 Cr ▲ 39%
Net profit · FY 2023
₹14.34 Cr margin 23.6%
EBITDA · FY 2023
₹25.64 Cr margin 42.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 56%
EBITDA CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 65%
Revenue has grown at a compounded annual rate (CAGR) of 56% over three years, including 39% growth in the latest year. EBITDA rose 44% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹60.63 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹25.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.34 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.3% | ||||
| Net Profit Margin | 23.6% | ||||
| 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 Palamur Biosciences Private Limited, buy the company report.
Board of directors of Palamur Biosciences Private Limited
Palamur Biosciences has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Reddy Kankanala | Director | 16 Aug 2010 | 16 Years 2 Months | Current |
| Venkat Reddy Kankanala Also directs: Novotox Biosciences Private Limited, Palamur Genetics Services Private Limited, Gottingen Minipigs India Private Limited and 5 more | Director | 19 Feb 2009 | 17 Years 8 Months | Current |
| Subhashini Vijayaragavan Also directs: Ash Sporting Honors LLP, Veear Infexchange Private Limited, Susnomics Engineering Systems India Private Limited and 3 more | Director | 19 Feb 2009 | 17 Years 8 Months | Current |
| Vijayaragavan Thiruvengadam Also directs: Veear Infexchange Private Limited, Novotox Biosciences Private Limited, Palamur Genetics Services Private Limited and 3 more | Director | 19 Feb 2009 | 17 Years 8 Months | Current |
| Jangi Reddy Kankanala | Director | 19 Feb 2009 | 17 Years 8 Months | Current |
Auditor
Palamur Biosciences Private Limited is audited by G SAMBASIVA RAO & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G SAMBASIVA RAO & CO | FY 2023 | 003537S |
Shareholding
The shareholding of Palamur Biosciences Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Palamur Biosciences Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30.47 Cr
Satisfied charges
₹16.98 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2025 | 101132900 | Others | ₹3.24 Cr | Open | |
| 10 Apr 2025 | 101082830 | Others | ₹30 Lakh | Open | |
| 02 Apr 2025 | 101070099 | Others | ₹71 Lakh | Open | |
| 02 Apr 2025 | 101070105 | Others | ₹71 Lakh | Open | |
| 07 Feb 2025 | 101051251 | Others | ₹1.25 Cr | Open |
To see the full charge records of Palamur Biosciences Private Limited, buy the company report.
Total charge records: 22 View all charges
Deals & funding
Palamur Biosciences Private Limited has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹10.22 Cr; the latest was in March 2022.
Total deals
9
Secondary share transfers
7
Funding rounds
2
Disclosed funding
₹10.22 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Seller: Palamar Medicare Private Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Seller: Palamar Medicare Private Limited |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: Palamar Medicare Private Limited Seller: 3 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Palamar Medicare Private Limited Seller: Palamur Medicare Private Limited & T Koti Reddy, Palamur Medicare Private Limited & Praveen Bommu |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Palamur Biosciences Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Palamur Biosciences Private Limited has 5 court cases on record: 3 filed by Palamur Biosciences, 2 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 2 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by TML Smart City Mobility Solutions Limited | Disposed |
| District court, Mahabubnagar, Telangana | Civil suit | Filed by the company against People for Ethical Treatment of Animals (Peta) India A Company | Pending |
| High Court for State of Telangana | Court case (CRLP) | Filed by the company against The State of Telangana | Disposed |
| High Court of Delhi | Appeal | Filed by the company against People for Ethical Treatment of Animals (Peta) India & Anr. | Disposed |
| NCLT, Hyderabad | Court case (C.P.(CAA)) | Filed against the company by Isoquimen (India) Pvt Ltd | Disposed |
To see the full case history of Palamur Biosciences 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.
Credit ratings & regulatory alerts
Palamur Biosciences Private Limited was last rated by Icra on 30 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Jul 2021 |
To see the full credit ratings and regulatory alerts of Palamur Biosciences Private Limited, buy the company report.
MSME payment delays
Palamur Biosciences Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Abis Foods and Proteins Private Limited | |||
| an individual supplier | |||
| Medisun Medical Products | |||
| Alien Energy Private Limited |
To see the full MSME payment records of Palamur Biosciences Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Palamur Biosciences Private Limited has a workforce of 260 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
260
Active EPFO establishments
1
Employee growth
15%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 260 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Palamur Biosciences Private Limited, buy the company report.
GST
Palamur Biosciences has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCA4201H1Z3 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Palamur Biosciences Private Limited, buy the company report.
Recent activity
Palamur Biosciences Private Limited has 7 board changes on record since 2009: 5 appointments and 2 cessations. The latest: Praveen Bommu ceased to be Managing Director on 29 Sep 2010.
Charges
A charge with Others amounted to Rs. 3.24 Cr with Charge ID 101132900 was registered on 25 Jul 2025.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 101082830 was registered on 10 Apr 2025.
Charges
A charge with Others amounted to Rs. 0.71 Cr with Charge ID 101070099 was registered on 02 Apr 2025.
Charges
A charge with Others amounted to Rs. 0.71 Cr with Charge ID 101070105 was registered on 02 Apr 2025.
Charges
A charge with Others amounted to Rs. 1.25 Cr with Charge ID 101051251 was registered on 07 Feb 2025.
AGM
Palamur Biosciences Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 10 Jun 2020 via Charge ID 100343856 with Others was fully satisfied on 29 Jun 2024.
Charges
A charge with Others of Rs. 2.70 Cr registered on 07 Jul 2014 with Charge ID 10524041 was modified on 07 Jun 2024.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100934372 was registered on 31 May 2024.
Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100912853 was registered on 30 Apr 2024.
Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100912639 was registered on 26 Apr 2024.
Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100912848 was registered on 26 Apr 2024.
30 earlier events are in the company report.
Frequently asked questions
Palamur Biosciences is an active private limited company based in Secunderabad, Telangana, India. The company works in biotechnology, within the life sciences industry. It was incorporated on 24 June 2008 (18+ years old) and is registered under CIN U01403TG2008PTC059829.
Palamur Biosciences has 5 current directors:
- Krishna Reddy Kankanala - Director
- Venkat Reddy Kankanala - Director
- Subhashini Vijayaragavan - Director
- Vijayaragavan Thiruvengadam - Director
- Jangi Reddy Kankanala - Director
The latest financial statements of Palamur Biosciences on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Palamur Biosciences is 36AAHCA4201H1Z3, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Palamur Biosciences is U01403TG2008PTC059829. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palamur Biosciences has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Palamur Biosciences was incorporated on 24 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Hyderabad.
Palamur Biosciences has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹10.22 Cr; the latest was in March 2022.
Praveen Bommu ceased to be Managing Director on 29 Sep 2010. Sudha Devi Janga ceased to be Director on 29 Sep 2010. Krishna Reddy Kankanala was appointed as Director on 16 Aug 2010. Palamur Biosciences has 7 board changes on record in total.
Yes, Palamur Biosciences is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-02-0020653).
Palamur Biosciences has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 6 micro and small suppliers. The latest return was filed on 09 Jul 2019.
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