Panacean Connections Private Limited

Panacean Connections Private Limited - transport and logistics in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U63030TN2019PTC131859 Incorporated 30 September 2019 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company transport and logistics MSME · Small
Revenue · FY 2023
₹5.3 Cr
▲ 24% YoY
Net loss · FY 2023
₹1.76 Cr
Net margin -33.2%
EBITDA · FY 2023
₹14.48 Lakh
EBITDA margin 2.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.54 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings

About Panacean Connections Private Limited

Data last updated:

Panacean Connections Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 30 September 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U63030TN2019PTC131859. Its GSTIN is 33AAKCP7959E1Z2 (Tamil Nadu).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Thomas Susan (Whole-Time Director) and Kaithotta Mathew Santhosh (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Room No 3 – 6 Third Floor Marine Towers Old No 45 New No 89 Thambuchetty Street, Chennai, Tamil Nadu, India – 600001.

As per the financials filed for FY 2023, the company reported a revenue of ₹5.3 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net loss of ₹1.76 Cr (net margin -33.2%) and EBITDA of ₹14.48 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 177% over three years.

As per MCA filings, the company has open charges of ₹1.54 Cr on record. Court records list 16 cases involving the company, including 16 filed against it; 2 cases are pending.

Panacean Connections Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0060634).

Company details

CIN U63030TN2019PTC131859
Registration Number 131859
Incorporation Date 30 September 2019
ROC Chennai
Listing Status Unlisted
Company Status Active
MSME Classification Small
Udyam Registration UDYAM-TN-02-0060634

Recognitions & Rankings of Panacean Connections

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0060634

Contact details

Panacean Connections Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Room No 3 – 6 Third Floor Marine Towers Old No 45 New No 89 Thambuchetty Street, Chennai, Tamil Nadu, India – 600001
  • Industry
    Transport and Logistics, Integrated & Diversified Logistics Services

To see the full contact details of Panacean Connections Private Limited, buy the company report.

Comprehensive company report
Panacean Connections 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 Panacean Connections is transport and storage. In detail, this covers services incidental to land, water & air transportation.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH5Services incidental to land, water & air transportation

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

Financials of Panacean Connections Private Limited

FY 2023 filings available

Panacean Connections Private Limited reported revenue of ₹5.3 Cr (up 24% YoY) for FY 2023.

Revenue · FY 2023
₹5.3 Cr ▲ 24%
Net loss · FY 2023
₹1.76 Cr margin -33.2%
EBITDA · FY 2023
₹14.48 Lakh margin 2.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 177%
EBITDA CAGR growth
1 year
▼ 75%
3 years · compounded
▲ 765%

Revenue has grown at a compounded annual rate (CAGR) of 177% over three years, including 24% growth in the latest year. EBITDA fell 75% 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 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹14.48 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.76 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 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.7%
Net Profit Margin-33.2%
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 Panacean Connections Private Limited, buy the company report.

Board of directors of Panacean Connections Private Limited

Panacean Connections has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Thomas SusanWhole-Time Director30 Sep 20197 Years 1 MonthsCurrent
SathiyanarayananDirector30 Sep 20197 Years 1 MonthsCurrent
Kaithotta Mathew SanthoshWhole-Time Director30 Sep 20197 Years 1 MonthsCurrent

Auditor

Panacean Connections Private Limited is audited by Sridevimani and associates for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Sridevimani and associatesFY 2022226895

Shareholding

The shareholding of Panacean Connections Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

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

To see the full shareholding pattern of Panacean Connections Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.54 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹1.04 Cr
Tata Capital Financial Services Limited₹0.33 Cr
Hdfc Bank Limited₹0.17 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Mar 2023100732802Others₹4 LakhOpen
04 Feb 2023100709550Hdfc Bank Limited₹9.51 LakhOpen
12 May 2022100597900Hdfc Bank Limited₹7.16 LakhOpen
02 Feb 2022100537097Others₹33.61 LakhOpen
10 Dec 2021100518188Tata Capital Financial Services Limited₹33.25 LakhOpen

Total charge records: 7 View all charges

MSME payment delays

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

GST

Panacean Connections has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAKCP7959E1Z2Tamil NaduActive27 Nov 2019

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

Recent activity

Panacean Connections Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Kaithotta Mathew Santhosh was appointed as Whole-Time Director on 30 Sep 2019.

AGM
Panacean Connections Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Panacean Connections Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 4.00 Lakh with Charge ID 100732802 was registered on 02 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9.51 Lakh with Charge ID 100709550 was registered on 04 Feb 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.16 Lakh with Charge ID 100597900 was registered on 12 May 2022.
Charges
A charge with Others amounted to Rs. 33.61 Lakh with Charge ID 100537097 was registered on 02 Feb 2022.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 33.25 Lakh with Charge ID 100518188 was registered on 10 Dec 2021.
Charges
A charge with Others amounted to Rs. 35.45 Lakh with Charge ID 100528339 was registered on 30 Nov 2021.
Charges
A charge with Others amounted to Rs. 30.80 Lakh with Charge ID 100364424 was registered on 26 Dec 2019.
Appointed
Kaithotta Mathew Santhosh was appointed as Whole-Time Director.
Appointed
Sathiyanarayanan was appointed as Director.
Appointed
Thomas Susan was appointed as Whole-Time Director.

1 earlier event is in the company report.

Frequently asked questions

Panacean Connections is an active private limited company based in Chennai, Tamil Nadu, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 30 September 2019 (7+ years old) and is registered under CIN U63030TN2019PTC131859.

Panacean Connections has 3 current directors:

The latest financial statements of Panacean Connections on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Panacean Connections is 33AAKCP7959E1Z2, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Panacean Connections is U63030TN2019PTC131859. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Panacean Connections has 16 court cases on record: 16 filed against it. 2 are pending.

Panacean Connections was incorporated on 30 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.

Kaithotta Mathew Santhosh was appointed as Whole-Time Director on 30 Sep 2019. Sathiyanarayanan was appointed as Director on 30 Sep 2019. Thomas Susan was appointed as Whole-Time Director on 30 Sep 2019.

Yes, Panacean Connections is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0060634).

The registered office of Panacean Connections is at Room No 3 – 6 Third Floor Marine Towers Old No 45 New No 89 Thambuchetty Street, Chennai, Tamil Nadu, India – 600001.