
Panacea Pharma Private Limited
About Panacea Pharma Private Limited
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Panacea Pharma Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 02 May 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH1981PTC024347.
The company has an authorised share capital of ₹24 Lakh and a paid-up capital of ₹19.83 Lakh. It is led by directors including Harbhajansingh Chandansingh Bhinder and Varunjeet Harbhajan Singh Bhinder.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.84 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹2,456 (net margin 0.9%) and EBITDA of ₹7,967 (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 28% over five years.
As per MCA filings, the company has open charges of ₹7.4 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Panacea Pharma Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Shah Engg Inds. 196/198 Samuel Street 4th Floor Office No. 41 New Bhagwan Bh, Uvan, Mumbai, Maharashtra, India – 400009
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Panacea 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
Financials of Panacea Pharma Private Limited
FY 2020 filings availablePanacea Pharma Private Limited reported revenue of ₹2.84 Lakh (up 13% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 13% growth in the latest year. EBITDA fell 27% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.84 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7,967 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2,456 | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Pharma Private Limited, buy the company report.
Board of directors of Panacea Pharma Private Limited
Panacea Pharma has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harbhajansingh Chandansingh Bhinder | Director | 16 Aug 2012 | 14 Years 2 Months | Current |
| Varunjeet Harbhajan Singh Bhinder Also directs: Himech Equipments Private Limited | Director | 16 Jan 2013 | 13 Years 9 Months | Current |
| Balbir Kaur Harbhajan Singh Bhinder | Director | 16 Aug 2012 | 14 Years 2 Months | Current |
Peer comparison
Panacea Pharma Private Limited is compared with the 10 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pajuvir Pharma Private Limited | ₹2.88 Lakh (FY 2025) | -16.0% | Pune, Maharashtra, India | |||
| Zenova Life Private Limited | ₹2.87 Lakh (FY 2025) | Bhopal, Madhya Pradesh, India | ||||
| Sanrajtosh Pharmaceutical Private Limited | ₹2.86 Lakh (FY 2025) | -51.0% | Panchkula, Haryana, India | |||
| Aimcare Pharmaceuticals Private Limited | ₹2.86 Lakh (FY 2025) | -84.0% | New Delhi, Delhi, India | |||
| Infinity Unicorns Private Limited | ₹2.86 Lakh (FY 2025) | -26.0% | Derabassi, Punjab, India | |||
| Panacea Pharma Private Limitedthis company | ₹2.84 Lakh (FY 2020) | ₹2,456 | 0.9% | 13.0% | Mumbai, Maharashtra, India | |
| Leehpl Ventures Private Limited | ₹2.83 Lakh (FY 2025) | 18.0% | Nagpur, Maharashtra, India | |||
| Max Medikit Labs Private Limited | ₹2.81 Lakh (FY 2022) | 17.0% | Delhi, India | |||
| Seawoods Pharmaceuticals Private Limited | ₹2.81 Lakh (FY 2025) | 6.0% | Delhi, India | |||
| Roldac Pharmaceuticals Private Limited | ₹2.81 Lakh (FY 2023) | -64.0% | Dehradun, Uttarakhand, India | |||
| Vitabiotics Biomass Pharma Private Limited | ₹2.8 Lakh (FY 2025) | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Panacea Pharma Private Limited, buy the company report.
Auditor
Panacea Pharma Private Limited is audited by MEHTA MANISH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA MANISH & CO | FY 2020 | 113353W |
Shareholding
The shareholding of Panacea Pharma Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Panacea Pharma Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 1984 | 90373186 | Indian Bank | ₹20,000 | Open | |
| 08 Aug 1983 | 90373159 | Indian Bank | ₹20,000 | Open | |
| 27 Nov 1982 | 90373123 | The Abhinav Co- Op. Bank Ltd. | ₹7 Lakh | Open |
To see the full charge records of Panacea Pharma Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Panacea Pharma 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 Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Panacea Pharma Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Panacea Pharma Private Limited has 10 board changes on record since 2012: 3 appointments and 7 cessations. The latest: Balbir Kaur Harbhajan Singh Bhinder ceased to be Additional Director on 30 Sep 2013.
6 earlier events are in the company report.
Frequently asked questions
Panacea Pharma is an active private limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 02 May 1981 (45+ years old) and is registered under CIN U24230MH1981PTC024347.
Panacea Pharma has 3 current directors:
- Harbhajansingh Chandansingh Bhinder - Director
- Varunjeet Harbhajan Singh Bhinder - Director
- Balbir Kaur Harbhajan Singh Bhinder - Director
The latest financial statements of Panacea Pharma on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Panacea Pharma is U24230MH1981PTC024347. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panacea Pharma was incorporated on 02 May 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Panacea Pharma by revenue are Pajuvir Pharma Private Limited, Zenova Life Private Limited, Sanrajtosh Pharmaceutical Private Limited, Aimcare Pharmaceuticals Private Limited, Infinity Unicorns Private Limited and 5 more, all in the Pharma industry (Pharma Retail and Distribution).
Balbir Kaur Harbhajan Singh Bhinder ceased to be Additional Director on 30 Sep 2013. Harbhajansingh Chandansingh Bhinder ceased to be Additional Director on 30 Sep 2013. Varunjeet Harbhajan Singh Bhinder ceased to be Additional Director on 30 Sep 2013. Panacea Pharma has 10 board changes on record in total.
The registered office of Panacea Pharma is at CO Shah Engg Inds. 196198 Samuel Street 4th Floor Office No. 41 New Bhagwan Bh, Uvan, Mumbai, Maharashtra, India – 400009.
Panacea Pharma operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
Panacea Pharma has open charges of ₹7.4 Lakh and no satisfied charges on record as per latest MCA filings.
The compliance status of Panacea Pharma is compliant as of 23 August 2026. The company is actively filing with the Registrar of Companies.

