About Rhythm Biotech Private Limited
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Rhythm Biotech Private Limited is a private limited company based in Panchkula, Haryana, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 26 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U51909HR2015PTC056501. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Neha Verma and Sachin Kumar.
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 House 5 Village Bhudhanpur Opp Sector 16, Panchkula, Haryana, India – 134113.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.25 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹69,402 (net margin -0.6%) and EBITDA of ₹2.38 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years and 54% over five years.
As per MCA filings, the company has open charges of ₹30 Lakh on record. Court records list 9 cases involving the company, including 9 filed against it; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rhythm-biotech-private-limited.business.site.
Company details
Contact details
Rhythm Biotech Private Limited's registered office is in Panchkula, Haryana. Its website is rhythm-biotech-private-limited.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse 5 Village Bhudhanpur Opp Sector 16, Panchkula, Haryana, India – 134113
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Rhythm Biotech 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
Business activity
The main business activity of Rhythm 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 Rhythm Biotech Private Limited, buy the company report.
Financials of Rhythm Biotech Private Limited
FY 2023 filings availableRhythm Biotech Private Limited reported revenue of ₹1.25 Cr (down 50% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 50% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 54%. EBITDA fell 49% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.25 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹2.38 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹69,402 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | -0.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Rhythm Biotech Private Limited, buy the company report.
Board of directors of Rhythm Biotech Private Limited
Rhythm Biotech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neha Verma | Director | 26 Aug 2015 | 11 Years 2 Months | Current |
| Sachin Kumar Also directs: Agastya Lifesciences Private Limited | Director | 26 Aug 2015 | 11 Years 2 Months | Current |
Peer comparison
Rhythm Biotech Private Limited is compared with the 4 companies closest to it by revenue in the Pharma industry (Pharma 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 |
|---|---|---|---|---|---|---|
| Hecure Health Care Private Limited | ₹1.25 Cr (FY 2025) | 41.0% | Delhi, India | |||
| Sany Cons Pvt Ltd | ₹1.25 Cr (FY 2025) | -6.0% | Kolkata, West Bengal, India | |||
| Rhythm Biotech Private Limitedthis company | ₹1.25 Cr (FY 2023) | -₹69,402 | -0.6% | -50.0% | Panchkula, Haryana, India | |
| Onus Pharmaceutical Private Limited | ₹1.25 Cr (FY 2025) | -20.0% | Rajkot, Gujarat, India | |||
| Fulcro Distributors Private Limited | ₹1.24 Cr (FY 2024) | -81.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Rhythm Biotech Private Limited, buy the company report.
Auditor
Rhythm Biotech Private Limited is audited by KBB & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KBB & CO | FY 2023 | 023819N |
Shareholding
The shareholding of Rhythm 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rhythm Biotech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2024 | 100886213 | Others | ₹25 Lakh | Open | |
| 29 Dec 2017 | 100152970 | Others | ₹5 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Rhythm Biotech Private Limited has 9 court cases on record: 9 filed against it. 8 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 4 |
| High courts | 4 | 4 | 4 |
Cases on record (3 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed against the company by Stallion Laboratories Private Limited | Pending |
| High Court, GUJARAT | Court case (AO) | Filed against the company by Stallion Laboratories Pvt. Ltd. and 3 others | Pending |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
To see the full case history of Rhythm Biotech Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rhythm Biotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rhythm Biotech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Rhythm Biotech Private Limited, buy the company report.
Recent activity
Rhythm Biotech Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Neha Verma was appointed as Director on 26 Aug 2015.
Frequently asked questions
Rhythm Biotech is an active private limited company based in Panchkula, Haryana, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 26 August 2015 (11+ years old) and is registered under CIN U51909HR2015PTC056501.
Rhythm Biotech has 2 current directors:
- Neha Verma - Director
- Sachin Kumar - Director
The latest financial statements of Rhythm Biotech 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 2016 are in the company report.
No. Rhythm Biotech has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Rhythm Biotech is U51909HR2015PTC056501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rhythm Biotech has 9 court cases on record: 9 filed against it. 8 are pending. Most are in the district courts.
Rhythm Biotech was incorporated on 26 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Rhythm Biotech by revenue are Hecure Health Care Private Limited, Sany Cons Pvt Ltd, Onus Pharmaceutical Private Limited, Fulcro Distributors Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Neha Verma was appointed as Director on 26 Aug 2015. Sachin Kumar was appointed as Director on 26 Aug 2015.
Rhythm Biotech can be reached through the website rhythm-biotech-private-limited.business.site. Its registered office is in Panchkula, Haryana, India.
The registered office of Rhythm Biotech is at House 5 Village Bhudhanpur Opp Sector 16, Panchkula, Haryana, India – 134113.