- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0138214

About Panacea Facilities Private Limited
Data last updated:
Panacea Facilities Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 23 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74990KA2007PTC042583. Its GSTIN is 29AAECP2619P1ZV (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ramalingam Renuka and Ramani Bai.
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 # 35 & 36 Amarjyothy Hbcs Layout, Bangalore, Karnataka, India – 560071.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.89 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹12.8 Lakh (net margin 2.2%) and EBITDA of ₹27.97 Lakh (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 18% over five years.
The company has about 187 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Panacea Services. As per MCA filings, the company has open charges of ₹57 Lakh and satisfied charges of ₹10 Lakh on record.
Panacea Facilities Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0138214). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website panaceaservices.in.
Company details
Recognitions & Rankings of Panacea Facilities
Contact details
Panacea Facilities Private Limited's registered office is in Bangalore, Karnataka. Its website is panaceaservices.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address# 35 & 36 Amarjyothy Hbcs Layout, Bangalore, Karnataka, India – 560071
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Panacea Facilities 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
Brands
Panacea Facilities operates one associated brand: Panacea Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive HR solutions, including recruitment and payroll management services. | panaceaservices.in |
Financials of Panacea Facilities Private Limited
FY 2024 filings availablePanacea Facilities Private Limited reported revenue of ₹5.89 Cr (up 42% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 42% growth in the latest year. EBITDA rose 47% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹5.89 Cr | ||||
| Other Income | |||||
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| EBITDA | ₹27.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.8 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Panacea Facilities Private Limited, buy the company report.
Board of directors of Panacea Facilities Private Limited
Panacea Facilities has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramalingam Renuka Also directs: Feathertouch Early Learning Private Limited | Director | 23 Apr 2007 | 19 Years 6 Months | Current |
| Ramani Bai | Director | 23 Apr 2007 | 19 Years 6 Months | Current |
| Selvaraj David Also directs: Meraki Facility Services India Private Limited | Director | 22 Jul 2014 | 12 Years 3 Months | Current |
Auditor
Panacea Facilities Private Limited is audited by V Raveendra & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V Raveendra & Associates | FY 2023 | 007203S |
Shareholding
The shareholding of Panacea Facilities 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 Panacea Facilities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2024 | 100964019 | Others | ₹57 Lakh | Open | |
| 17 Mar 2021 | 100445333 | Hdfc Bank Limited | ₹10 Lakh | Satisfied |
To see the full charge records of Panacea Facilities Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Panacea Facilities 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 Panacea Facilities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Panacea Facilities Private Limited has a workforce of 187 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Panacea Facilities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECP2619P1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Panacea Facilities Private Limited, buy the company report.
Recent activity
Panacea Facilities Private Limited has 4 board changes on record since 2007: 3 appointments and 1 cessation. The latest: Selvaraj David ceased to be Additional Director on 30 Sep 2014.
Frequently asked questions
Panacea Facilities is an active private limited company based in Bangalore, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 23 April 2007 (19+ years old) and is registered under CIN U74990KA2007PTC042583.
Panacea Facilities has 3 current directors:
- Ramalingam Renuka - Director
- Ramani Bai - Director
- Selvaraj David - Director
The latest financial statements of Panacea Facilities 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 Panacea Facilities is 29AAECP2619P1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Panacea Facilities is U74990KA2007PTC042583. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panacea Facilities was incorporated on 23 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Selvaraj David ceased to be Additional Director on 30 Sep 2014. Selvaraj David was appointed as Director on 22 Jul 2014. Ramalingam Renuka was appointed as Director on 23 Apr 2007. Panacea Facilities has 4 board changes on record in total.
Yes, Panacea Facilities is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0138214).
Panacea Facilities can be reached through the website panaceaservices.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Panacea Facilities is at # 35 & 36 Amarjyothy Hbcs Layout, Bangalore, Karnataka, India – 560071.