Panacea Medical Technologies Private Limited

Panacea Medical Technologies Private Limited - healthcare in Malur, Karnataka, India. FY 2026 financials & compliance.
CIN U33112KA1999PTC079963 Incorporated 26 March 1999 ROC Bangalore HQ Malur, Karnataka, India
Active Private Limited Company healthcare MSME · Medium
Data last updated
Revenue · FY 2025
₹99.58 Cr
▲ 1% YoY
Net profit · FY 2025
₹6.67 Cr
Net margin 6.7%
EBITDA · FY 2025
₹20.14 Cr
EBITDA margin 20.2%
Authorised capital
₹41 Cr
Registered with MCA
Paid-up capital
₹39.39 Cr
Issued & subscribed
Open charges
₹94.28 Cr
Satisfied ₹75.96 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
373
Provident fund records

About Panacea Medical Technologies Private Limited

Data last updated:

Panacea Medical Technologies Private Limited is a private limited company based in Malur, Karnataka, India. It operates in the oncology clinics and cancer treatment segment of the healthcare sector. It was incorporated on 26 March 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33112KA1999PTC079963. Its GSTIN is 29AACCP6500F2ZL (Karnataka). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹41 Cr and a paid-up capital of ₹39.39 Cr. It is led by directors including Venkata Subrahmanyam Goteti (Managing Director) and Satyalakshmi Goteti.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.35 4th Phase KIADB Industrial Area, Malur, Karnataka, India – 563130.

As per the financials filed for FY 2025, the company reported a revenue of ₹99.58 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹6.67 Cr (net margin 6.7%) and EBITDA of ₹20.14 Cr (EBITDA margin 20.2%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 48% over five years.

The company has about 373 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Panacea Medical. As per MCA filings, the company has open charges of ₹94.28 Cr and satisfied charges of ₹75.96 Cr on record. Court records list 9 cases involving the company, including 3 filed by the company and 6 filed against it; 1 case is pending. The company has 11 deals on record (9 funding rounds, 2 secondary share transfers), with disclosed funding of ₹129.52 Cr; the latest was in January 2025. The company has 11 MSME Form 1 returns on record between 2019 and 2024, listing 218 overdue payments to 99 micro and small suppliers.

Panacea Medical Technologies Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-19-0000184). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website panaceamedical.in.

Company details

CIN U33112KA1999PTC079963
Registration Number 079963
Incorporation Date 26 March 1999
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-19-0000184

CIN history

Panacea Medical Technologies has one previous CIN (Corporate Identification Number): U33112AP1999PTC031410. The current CIN is U33112KA1999PTC079963, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U33112KA1999PTC079963Current
U33112AP1999PTC031410Previous
Key People
Venkata Subrahmanyam Goteti Managing Director Satyalakshmi Goteti Director Ramann Yerramilli Director

Recognitions & Rankings of Panacea Medical Technologies

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-19-0000184

Contact details

Panacea Medical Technologies Private Limited's registered office is in Malur, Karnataka. Its website is panaceamedical.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    panaceamedical.in
  • Social Media
  • Registered Address
    Plot No.35 4th Phase KIADB Industrial Area, Malur, Karnataka, India – 563130
  • Industry
    Healthcare, Oncology Clinics & Cancer Treatment

To see the full contact details of Panacea Medical Technologies Private Limited, buy the company report.

Comprehensive company report
Panacea Medical Technologies 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Panacea Medical Technologies operates one associated brand: Panacea Medical. Each brand links to its own profile.

BrandDescriptionWebsite
Panacea Medical
Radiotherapy and mammography devices are developed for medical use.panaceamedical.in

Business activity

The main business activity of Panacea Medical Technologies is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Panacea Medical Technologies Private Limited, buy the company report.

Financials of Panacea Medical Technologies Private Limited

FY 2025 filings available

Panacea Medical Technologies Private Limited reported revenue of ₹99.58 Cr (up 1% YoY) for FY 2025.

Revenue · FY 2025
₹99.58 Cr ▲ 1%
Net profit · FY 2025
₹6.67 Cr margin 6.7%
EBITDA · FY 2025
₹20.14 Cr margin 20.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 28%
5 years · compounded
▲ 48%
EBITDA CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 12%

Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 1% growth in the latest year. EBITDA fell 21% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹99.58 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹20.14 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.67 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin20.2%
Net Profit Margin6.7%
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 Panacea Medical Technologies Private Limited, buy the company report.

Board of directors of Panacea Medical Technologies Private Limited

Panacea Medical Technologies has 7 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Satyalakshmi GotetiDirector22 Sep 200521 Years 1 MonthsCurrent
Venkata Subrahmanyam GotetiManaging Director26 Mar 199927 Years 7 MonthsCurrent
Ramann YerramilliDirector25 Sep 200323 Years 1 MonthsCurrent
Nagavalli GotetiDirector20 Apr 200818 Years 6 MonthsCurrent
Sunil Kumar Khurana
Also directs: BPL Medical Technologies Private Limited
Nominee Director02 May 20251 Years 6 MonthsCurrent
Shravan Subramanyam
Also directs: Pangolin Ventures LLP, Page Industries Limited, BPL Medical Technologies Private Limited and 2 more
Nominee Director22 Feb 20251 Years 8 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Panacea Medical Technologies Private Limited is audited by Walker Chandiok & Co. for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Walker Chandiok & Co.FY 2024001076N/N500013

Shareholding

The shareholding of Panacea Medical Technologies Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Panacea Medical Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹94.28 Cr
Satisfied charges
₹75.96 Cr
Breakdown by lending institutions
Others₹48.98 Cr
State Bank of India₹32.63 Cr
Sidbi₹12.67 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Apr 2026101312919State Bank of India₹1.07 CrOpen
27 Mar 2026101259800Others₹13.95 LakhOpen
27 Mar 2026101261488Others₹13.95 LakhOpen
27 Mar 2026101261494Others₹6.9 LakhOpen
27 Mar 2026101261496Others₹6.9 LakhOpen

To see the full charge records of Panacea Medical Technologies Private Limited, buy the company report.

Total charge records: 38 View all charges

Deals & funding

Panacea Medical Technologies Private Limited has 11 deals on record (9 funding rounds, 2 secondary share transfers), with disclosed funding of ₹129.52 Cr; the latest was in January 2025.

Total deals
11
Funding rounds
9
Secondary share transfers
2
Disclosed funding
₹129.52 Cr

Deals on record (5 of 11)

WhenDealAmountParties
Jan 2025Funding round · Series D₹50 CrInvestors: Claypond Capital
Jun 2021Funding round₹7.5 CrInvestors: 4 individuals
Aug 2019Funding round · Series C₹13.82 CrInvestors: New Enterprise Associates
Jan 2017Funding round · Series C₹25 CrInvestors: IL&FS Investment Managers, New Enterprise Associates
Apr 2016Funding round · Series B₹5 CrInvestors: New Enterprise Associates

To see the full deal history of Panacea Medical Technologies Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Panacea Medical Technologies Private Limited was last rated by Icra on 05 May 2020.

Rating agencyRated onRating
Icra05 May 2020

To see the full credit ratings and regulatory alerts of Panacea Medical Technologies Private Limited, buy the company report.

MSME payment delays

Panacea Medical Technologies Private Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 218 overdue payments to 99 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 99)

SupplierAmount dueDue sinceReported on
Focus Engineering Solutions
an individual supplier
an individual supplier
Cartel Infosystems Private Limited
Swetadri Engineering Solutions Private Limited

To see the full MSME payment records of Panacea Medical Technologies Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Panacea Medical Technologies Private Limited has a workforce of 373 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.

Employee count
373
Active EPFO establishments
2
Employee growth
15.48%

GST

Panacea Medical Technologies has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
29AACCP6500F2ZLKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Panacea Medical Technologies Private Limited, buy the company report.

Recent activity

Panacea Medical Technologies Private Limited has 23 board changes on record since 1999: 7 appointments and 16 cessations. The latest: Parag Vijay Vaidya ceased to be Nominee Director on 19 Dec 2025.

Charges
A charge with State Bank Of India amounted to Rs. 1.07 Cr with Charge ID 101312919 was registered on 29 Apr 2026.
Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 101259800 was registered on 27 Mar 2026.
Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 101261488 was registered on 27 Mar 2026.
Charges
A charge with Others amounted to Rs. 0.07 Cr with Charge ID 101261494 was registered on 27 Mar 2026.
Charges
A charge with Others amounted to Rs. 0.07 Cr with Charge ID 101261496 was registered on 27 Mar 2026.
Charges
A charge with Others amounted to Rs. 0.07 Cr with Charge ID 101261503 was registered on 27 Mar 2026.
Charges
A charge with Others amounted to Rs. 0.07 Cr with Charge ID 101261539 was registered on 27 Mar 2026.
Charges
A charge with Sidbi amounted to Rs. 0.50 Cr with Charge ID 101249363 was registered on 02 Mar 2026.
Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 101223140 was registered on 15 Jan 2026.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 101223156 was registered on 15 Jan 2026.
Ceased
Parag Vijay Vaidya ceased to be Nominee Director.
AGM
Panacea Medical Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.

73 earlier events are in the company report.

News

Frequently asked questions

Panacea Medical Technologies is an active private limited company based in Malur, Karnataka, India. The company works in oncology clinics and cancer treatment, within the healthcare industry. It was incorporated on 26 March 1999 (27+ years old) and is registered under CIN U33112KA1999PTC079963.

Panacea Medical Technologies has 7 current directors:

The latest financial statements of Panacea Medical Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Panacea Medical Technologies is 29AACCP6500F2ZL, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Panacea Medical Technologies is U33112KA1999PTC079963. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Panacea Medical Technologies has 9 court cases on record: 3 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.

Panacea Medical Technologies was incorporated on 26 March 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.

Panacea Medical Technologies has 11 deals on record (9 funding rounds, 2 secondary share transfers), with disclosed funding of ₹129.52 Cr; the latest was in January 2025.

Parag Vijay Vaidya ceased to be Nominee Director on 19 Dec 2025. Shyam Powar ceased to be Nominee Director on 05 Sep 2025. Sunil Kumar Khurana was appointed as Nominee Director on 02 May 2025. Panacea Medical Technologies has 23 board changes on record in total.

Yes, Panacea Medical Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-19-0000184).

Panacea Medical Technologies has 11 MSME Form 1 returns on record between 2019 and 2024, listing 218 overdue payments to 99 micro and small suppliers. The latest return was filed on 29 Apr 2024.