MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-02-0029496
Peerless Biotech Private Limited - healthcare in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹189.7 Cr
▲ 10% YoY
Net profit · FY 2025
₹14.26 Cr
Net margin 7.5%
EBITDA · FY 2025
₹23.01 Cr
EBITDA margin 12.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹3 Cr
Satisfied ₹22.1 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
214
Provident fund records
About Peerless Biotech Private Limited
Data last updated:
Peerless Biotech Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 11 May 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51397TN2001PTC047094. Its GSTIN is 33AACCP1722H1ZV (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Vinayak Vaikunth Bhat (Managing Director) and Sasidharan Mohan Kumar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹189.7 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹14.26 Cr (net margin 7.5%) and EBITDA of ₹23.01 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 17% over five years.
The company has about 214 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Peerless Biotech. As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹22.1 Cr on record. The company has 11 deals on record (10 secondary share transfers, 1 funding round), with disclosed funding of ₹5 Lakh; the latest was in September 2025. Its 5 peer companies in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 1 smaller; the largest is Origio India Private Limited with revenue of ₹213.52 Cr. The company has 7 MSME Form 1 returns on record between 2020 and 2023, listing 76 overdue payments to 15 micro and small suppliers.
Peerless Biotech Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0029496). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website peerlessbio.com.
Company details
CIN U51397TN2001PTC047094
Registration Number 047094
Incorporation Date 11 May 2001
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-02-0029496
Key People
Vinayak Vaikunth Bhat Managing Director Sasidharan Mohan Kumar Whole-Time Director Raghunathan Sucharithra Director Recognitions & Rankings of Peerless Biotech
Contact details
Peerless Biotech Private Limited's registered office is in Chennai, Tamil Nadu. Its website is peerlessbio.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlock – C 36/37 Millenium – House M.K.Srinivasan Nagar – Main Road 144, Old Mahabali, Chennai, Tamil Nadu, India – 600096
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Peerless Biotech Private Limited, buy the company report.
Comprehensive company report
Peerless Biotech 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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Brands
Peerless Biotech operates one associated brand: Peerless Biotech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Medical equipment manufacturing and distribution in the healthcare sector. | peerlessbio.com |
Business activity
The main business activity of Peerless Biotech 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 Peerless Biotech Private Limited, buy the company report.
Financials of Peerless Biotech Private Limited
FY 2025 filings availablePeerless Biotech Private Limited reported revenue of ₹189.7 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹189.7 Cr ▲ 10%
Net profit · FY 2025
₹14.26 Cr margin 7.5%
EBITDA · FY 2025
₹23.01 Cr margin 12.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 9%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▼ 5%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 10% growth in the latest year. EBITDA fell 14% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹23.01 Cr | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | ₹14.26 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | ||||
| Net Profit Margin | 7.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Peerless Biotech Private Limited, buy the company report.
Board of directors of Peerless Biotech Private Limited
Peerless Biotech has 7 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinayak Vaikunth Bhat Also directs: Quantum Biologicals LLP, Meddwise Virtual Communities LLP, Euro Diagnostic Systems LLP and 3 more | Managing Director | 11 May 2001 | 25 Years 5 Months | Current |
| Sasidharan Mohan Kumar | Whole-Time Director | 12 Mar 2018 | 8 Years 7 Months | Current |
| Raghunathan Sucharithra Also directs: Sai Pharma Distributors Private Limited | Director | 09 Nov 2024 | 1 Years 11 Months | Current |
| Sankar Varadharajan Also directs: Sai Pharma Distributors Private Limited | Director | 09 Nov 2024 | 1 Years 11 Months | Current |
| Sambit Mohanty | Director | 10 Apr 2025 | 1 Years 6 Months | Current |
| Prem Sethi Also directs: Entero Healthcare Solutions Limited | Director | 16 Aug 2024 | 2 Years 2 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Peerless Biotech Private Limited is compared with the 5 companies closest to it by revenue in the Healthcare industry (Healthcare Equipment 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 |
|---|---|---|---|---|---|---|
| Origio India Private Limited | ₹213.52 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Ceragem India Private Limited | ₹205.91 Cr (FY 2025) | 2.0% | Dehradun, Uttarakhand, India | |||
| Umang Cure Private Limited | ₹203.3 Cr (FY 2025) | 14.0% | New Delhi, Delhi, India | |||
| Concept Medical Research Private Limited | ₹198.16 Cr (FY 2025) | 58.0% | Surat, Gujarat, India | |||
| Peerless Biotech Private Limitedthis company | ₹189.7 Cr (FY 2025) | ₹14.26 Cr | 7.5% | 10.0% | 214 | Chennai, Tamil Nadu, India |
| Bohdan Venture Private Limited | ₹188.29 Cr (FY 2024) | 1628.0% | New Delhi, Delhi, India |
To see the full peer comparison of Peerless Biotech Private Limited, buy the company report.
Auditor
Peerless Biotech Private Limited is audited by K PAARI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K PAARI | FY 2023 | 202269 |
Shareholding
The shareholding of Peerless Biotech 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 Peerless Biotech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3 Cr
Satisfied charges
₹22.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2016 | 100060455 | Hdfc Bank Limited | ₹11.5 Cr | Satisfied | |
| 31 May 2016 | 100099536 | Hdfc Bank Limited | ₹3 Cr | Satisfied | |
| 10 Oct 2001 | 80012774 | Bank of Maharashtra | ₹7.6 Cr | Satisfied |
To see the full charge records of Peerless Biotech Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Peerless Biotech Private Limited has 11 deals on record (10 secondary share transfers, 1 funding round), with disclosed funding of ₹5 Lakh; the latest was in September 2025.
Total deals
11
Secondary share transfers
10
Funding round
1
Disclosed funding
₹5 Lakh
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Secondary share transfer | Undisclosed | Buyer: Entero Healtcare Solutions Limited Seller: 4 individuals |
| May 2025 | Secondary share transfer | Undisclosed | Buyer: Entero Healthcare Solutions Limited |
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Peerless Biotech Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Peerless Biotech 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
Peerless Biotech Private Limited has 7 MSME Form 1 returns on record between 2020 and 2023, listing 76 overdue payments to 15 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 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Seagull Freight Systems | |||
| an individual supplier | |||
| an individual supplier | |||
| Berrio Logistics (India) Private Limited | |||
| Labtech Disposables |
To see the full MSME payment records of Peerless Biotech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Peerless Biotech has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Euro Diagnostic Systems Private Limited | U33119TN2002PTC049631 |
To see the full group structure of Peerless Biotech Private Limited, buy the company report.
Employees & EPFO
Peerless Biotech Private Limited has a workforce of 214 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
214
Active EPFO establishments
1
Employee growth
7.54%
GST
Peerless Biotech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCP1722H1ZV | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Peerless Biotech Private Limited, buy the company report.
Recent activity
Peerless Biotech Private Limited has 19 board changes on record since 2001: 13 appointments and 6 cessations. The latest: Sambit Mohanty was appointed as Director on 10 Apr 2025.
AGM
Peerless Biotech Private Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records.
Charges
A charge registered on 31 May 2016 via Charge ID 100099536 with Hdfc Bank Limited was fully satisfied on 25 Aug 2025.
Appointed
Sambit Mohanty was appointed as Director.
Filing
Peerless Biotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Venkataramana Ram Chebolu ceased to be Director.
Charges
A charge registered on 29 Sep 2016 via Charge ID 100060455 with Hdfc Bank Limited was fully satisfied on 19 Nov 2024.
Appointed
Raghunathan Sucharithra was appointed as Director.
Appointed
Sankar Varadharajan was appointed as Director.
Appointed
Prabhat Agrawal was appointed as Director.
Appointed
Prem Sethi was appointed as Director.
Ceased
Sachin Vinayak Bhat ceased to be Whole-Time Director.
Appointed
Venkataramana Ram Chebolu was appointed as Director.
19 earlier events are in the company report.
Frequently asked questions
Peerless Biotech is an active private limited company based in Chennai, Tamil Nadu, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 11 May 2001 (25+ years old) and is registered under CIN U51397TN2001PTC047094.
Peerless Biotech has 7 current directors:
- Vinayak Vaikunth Bhat - Managing Director
- Sasidharan Mohan Kumar - Whole-Time Director
- Raghunathan Sucharithra - Director
- Sankar Varadharajan - Director
- Sambit Mohanty - Director
- Prem Sethi - Director
- Prabhat Agrawal - Director
The latest financial statements of Peerless Biotech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Peerless Biotech is 33AACCP1722H1ZV, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Peerless Biotech is U51397TN2001PTC047094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Peerless Biotech was incorporated on 11 May 2001, making it 25+ years old. It is registered with the Registrar of Companies, Chennai.
Peerless Biotech has 11 deals on record (10 secondary share transfers, 1 funding round), with disclosed funding of ₹5 Lakh; the latest was in September 2025.
The peers of Peerless Biotech by revenue are Origio India Private Limited, Ceragem India Private Limited, Umang Cure Private Limited, Concept Medical Research Private Limited, Bohdan Venture Private Limited, all in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Sambit Mohanty was appointed as Director on 10 Apr 2025. Venkataramana Ram Chebolu ceased to be Director on 21 Mar 2025. Raghunathan Sucharithra was appointed as Director on 09 Nov 2024. Peerless Biotech has 19 board changes on record in total.
Yes, Peerless Biotech is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-02-0029496).
Peerless Biotech has 7 MSME Form 1 returns on record between 2020 and 2023, listing 76 overdue payments to 15 micro and small suppliers. The latest return was filed on 08 May 2024.
Peerless Biotech can be reached through the website peerlessbio.com. Its registered office is in Chennai, Tamil Nadu, India.