Palaniappa Pharma Private Limited

Palaniappa Pharma Private Limited - pharma in Madurai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U33110TN2008PTC069795 Incorporated 10 November 2008 ROC Chennai HQ Madurai, Tamil Nadu, India
Active Private Limited Company pharma MSME · Micro
Data last updated
Revenue · FY 2021
₹2.54 Cr
▼ 55% YoY
Net loss · FY 2021
₹64.63 Lakh
Net margin -25.4%
EBITDA · FY 2021
-₹26.59 Lakh
EBITDA margin -10.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.5 Lakh
Issued & subscribed
Satisfied charges
₹4.92 Cr
No open charges
Company age
18 yrs
Est. 2008
Employees · EPFO
11
Provident fund records

About Palaniappa Pharma Private Limited

Data last updated:

Palaniappa Pharma Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 10 November 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U33110TN2008PTC069795. Its GSTIN is 33AAECP8889R1ZA (Tamil Nadu).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors Nadarajan Lakshmi Narayanan and Lakshminarayanan Malini.

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 Madurai, Tamil Nadu.

As per the financials filed for FY 2021, the company reported a revenue of ₹2.54 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹64.63 Lakh (net margin -25.4%) and EBITDA of -₹26.59 Lakh (EBITDA margin -10.5%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 21% over five years.

The company has about 11 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹4.92 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.

Palaniappa Pharma Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-12-0016817). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U33110TN2008PTC069795
Registration Number 069795
Incorporation Date 10 November 2008
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-12-0016817

Recognitions & Rankings of Palaniappa Pharma

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-12-0016817

Contact details

Palaniappa Pharma Private Limited's registered office is in Madurai, Tamil Nadu. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Old No.38 New No.35 2nd Floor North Mart Street (Mannar Thirumalai Road) Naicker New S, Treet, Madurai, Tamil Nadu, India – 625001
  • Industry
    Pharma, Pharmaceutical Retailers & Distributors

To see the full contact details of Palaniappa Pharma Private Limited, buy the company report.

Comprehensive company report
Palaniappa Pharma 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 Palaniappa Pharma is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Palaniappa Pharma Private Limited, buy the company report.

Financials of Palaniappa Pharma Private Limited

FY 2021 filings available

Palaniappa Pharma Private Limited reported revenue of ₹2.54 Cr (down 55% YoY) for FY 2021.

Revenue · FY 2021
₹2.54 Cr ▼ 55%
Net loss · FY 2021
₹64.63 Lakh margin -25.4%
EBITDA · FY 2021
-₹26.59 Lakh margin -10.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 55%
3 years · compounded
▼ 33%
5 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▼ 195%
3 years · compounded
▼ 40%
5 years · compounded
▼ 23%

Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 55% fall in the latest year. EBITDA fell 195% 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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-₹26.59 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹64.63 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin-10.5%
Net Profit Margin-25.4%
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 Palaniappa Pharma Private Limited, buy the company report.

Board of directors of Palaniappa Pharma Private Limited

Palaniappa Pharma has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nadarajan Lakshmi NarayananDirector31 Mar 200917 Years 7 MonthsCurrent
Lakshminarayanan MaliniDirector01 Jun 201511 Years 5 MonthsCurrent

Peer comparison

Palaniappa Pharma 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Neuropex Pharmaceuticals Private Limited₹2.55 Cr (FY 2024)46.0%Lucknow, Uttar Pradesh, India
Palaniappa Pharma Private Limitedthis company₹2.54 Cr (FY 2021)-₹64.63 Lakh-25.4%-55.0%11Madurai, Tamil Nadu, India
Hanumat Agencies Private Limited₹2.54 Cr (FY 2024)55.0%Thiruvananthapuram, Kerala, India
Maddox Lifesciences Private Limited₹2.54 Cr (FY 2025)-2.0%Kanpur, Uttar Pradesh, India
Tufcare Pharma Private Limited₹2.53 Cr (FY 2025)29.0%Bhubaneswar, Odisha, India

To see the full peer comparison of Palaniappa Pharma Private Limited, buy the company report.

Shareholding

The shareholding of Palaniappa Pharma Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Palaniappa Pharma Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹4.92 Cr
Breakdown by lending institutions
Tamilnad Mercantile Bank Limited₹3.42 Cr
Axis Bank Limited₹1.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Aug 2021100471422Tamilnad Mercantile Bank Limited₹16.5 LakhSatisfied
10 Jun 2020100361032Tamilnad Mercantile Bank Limited₹50 LakhSatisfied
05 Feb 2020100327479Tamilnad Mercantile Bank Limited₹15 LakhSatisfied
19 Jan 201110263470Tamilnad Mercantile Bank Limited₹2.6 CrSatisfied
28 Jan 200910142872Axis Bank Limited₹1.5 CrSatisfied

To see the full charge records of Palaniappa Pharma Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Palaniappa Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Palaniappa Pharma Private Limited has a workforce of 11 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.

Employee count
11
Active EPFO establishments
1
Employee growth
-21.43%

GST

Palaniappa Pharma has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAECP8889R1ZATamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Palaniappa Pharma Private Limited, buy the company report.

Recent activity

Palaniappa Pharma Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Ganesan Gopal ceased to be Director on 10 Jul 2019.

Charges
A charge registered on 04 Aug 2021 via Charge ID 100471422 with Tamilnad Mercantile Bank Limited was fully satisfied on 24 Jul 2023.
Charges
A charge registered on 10 Jun 2020 via Charge ID 100361032 with Tamilnad Mercantile Bank Limited was fully satisfied on 24 Jul 2023.
Charges
A charge registered on 19 Jan 2011 via Charge ID 10263470 with Tamilnad Mercantile Bank Limited was fully satisfied on 24 Jul 2023.
AGM
Palaniappa Pharma Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Charges
A charge registered on 05 Feb 2020 via Charge ID 100327479 with Tamilnad Mercantile Bank Limited was fully satisfied on 09 Aug 2021.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 16.50 Lakh with Charge ID 100471422 was registered on 04 Aug 2021.
Charges
A charge with Tamilnad Mercantile Bank Limited of Rs. 260.00 Lakh registered on 19 Jan 2011 with Charge ID 10263470 was modified on 04 Aug 2021.
Filing
Palaniappa Pharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 100361032 was registered on 10 Jun 2020.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 15.00 Lakh with Charge ID 100327479 was registered on 05 Feb 2020.
Ceased
Ganesan Gopal ceased to be Director.
Appointed
Lakshminarayanan Malini was appointed as Director.

8 earlier events are in the company report.

Frequently asked questions

Palaniappa Pharma is an active private limited company based in Madurai, Tamil Nadu, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 10 November 2008 (18+ years old) and is registered under CIN U33110TN2008PTC069795.

Palaniappa Pharma has 2 current directors:

The latest financial statements of Palaniappa Pharma 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 Palaniappa Pharma is 33AAECP8889R1ZA, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Palaniappa Pharma is U33110TN2008PTC069795. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Palaniappa Pharma has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.

Palaniappa Pharma was incorporated on 10 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Palaniappa Pharma by revenue are Neuropex Pharmaceuticals Private Limited, Hanumat Agencies Private Limited, Maddox Lifesciences Private Limited, Tufcare Pharma Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).

Ganesan Gopal ceased to be Director on 10 Jul 2019. Lakshminarayanan Malini was appointed as Director on 01 Jun 2015. Palaniappan Ramanathan ceased to be Director on 09 Mar 2015. Palaniappa Pharma has 6 board changes on record in total.

Yes, Palaniappa Pharma is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-12-0016817).

The registered office of Palaniappa Pharma is at Old No.38 New No.35 2nd Floor North Mart Street Mannar Thirumalai Road Naicker New S, Treet, Madurai, Tamil Nadu, India – 625001.