- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-12-0016817

Palaniappa Pharma Private Limited
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
Recognitions & Rankings of Palaniappa Pharma
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 AddressOld No.38 New No.35 2nd Floor North Mart Street (Mannar Thirumalai Road) Naicker New S, Treet, Madurai, Tamil Nadu, India – 625001
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Palaniappa Pharma 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 Palaniappa Pharma is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale 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 availablePalaniappa Pharma Private Limited reported revenue of ₹2.54 Cr (down 55% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹26.59 Lakh | ||||
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| Net Profit (PAT) | -₹64.63 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 | -10.5% | ||||
| Net Profit Margin | -25.4% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nadarajan Lakshmi Narayanan | Director | 31 Mar 2009 | 17 Years 7 Months | Current |
| Lakshminarayanan Malini | Director | 01 Jun 2015 | 11 Years 5 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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% | 11 | Madurai, 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 category | FY 2020 | FY 2019 | FY 2017 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2021 | 100471422 | Tamilnad Mercantile Bank Limited | ₹16.5 Lakh | Satisfied | |
| 10 Jun 2020 | 100361032 | Tamilnad Mercantile Bank Limited | ₹50 Lakh | Satisfied | |
| 05 Feb 2020 | 100327479 | Tamilnad Mercantile Bank Limited | ₹15 Lakh | Satisfied | |
| 19 Jan 2011 | 10263470 | Tamilnad Mercantile Bank Limited | ₹2.6 Cr | Satisfied | |
| 28 Jan 2009 | 10142872 | Axis Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Palaniappa Pharma Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Palaniappa Pharma Private Limited has 3 court cases on record: 2 filed by Palaniappa Pharma, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Eris Lifesciences Ltd. | Pending |
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Court case (WMP(MD)) | Filed by the company against individuals | Disposed |
To see the full case history of Palaniappa Pharma 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.
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.
GST
Palaniappa Pharma has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECP8889R1ZA | Tamil Nadu | Active | 01 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.
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:
- Nadarajan Lakshmi Narayanan - Director
- Lakshminarayanan Malini - Director
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.

