Rhythm Pharma India Private Limited
About Rhythm Pharma India Private Limited
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Rhythm Pharma India Private Limited was a private limited company based in Salem, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 23 March 2009.
The company was registered with the Registrar of Companies (ROC), Coimbatore, under CIN U51397TZ2009PTC015095. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.75 Lakh. It was led by directors Kuppuswamy Manivannan and Subramani Sangeetha.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 1/12 Sri Ram Nagar Fairlands, Salem, Tamil Nadu, India – 636016.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.39 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹21.81 Lakh (net margin -15.7%) and EBITDA of -₹19.71 Lakh (EBITDA margin -14.2%).
Company details
Contact details
Rhythm Pharma India Private Limited's registered office is in Salem, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address1/12 Sri Ram Nagar Fairlands, Salem, Tamil Nadu, India – 636016
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Rhythm Pharma India 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 Pharma India 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 Pharma India Private Limited, buy the company report.
Financials of Rhythm Pharma India Private Limited
FY 2016 filings availableRhythm Pharma India Private Limited reported revenue of ₹1.39 Cr (down 28% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 28% in the latest year. EBITDA fell 69% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹1.39 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹19.71 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹21.81 Lakh | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -14.2% | |
| Net Profit Margin | -15.7% | |
| 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 Rhythm Pharma India Private Limited, buy the company report.
Board of directors of Rhythm Pharma India Private Limited
Rhythm Pharma India has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kuppuswamy Manivannan | Director | 23 Mar 2009 | 17 Years 7 Months | As last reported |
| Subramani Sangeetha | Director | 13 Aug 2018 | 8 Years 2 Months | As last reported |
Peer comparison
Rhythm Pharma India 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 |
|---|---|---|---|---|---|---|
| Rhythm Pharma India Private Limitedthis company | ₹1.39 Cr (FY 2016) | -₹21.81 Lakh | -15.7% | -28.0% | Salem, Tamil Nadu, India | |
| Clyde Biotech Private Limited | ₹1.39 Cr (FY 2019) | -2.0% | Patna, Bihar, India | |||
| Satyam Drugs Private Limited | ₹1.39 Cr (FY 2022) | -71.0% | New Delhi, Delhi, India | |||
| Miral Health Care Private Limited | ₹1.39 Cr (FY 2024) | -4.0% | Lucknow, Uttar Pradesh, India | |||
| Derma Land Private Limited | ₹1.38 Cr (FY 2025) | 78.0% | New Delhi, Delhi, India |
To see the full peer comparison of Rhythm Pharma India Private Limited, buy the company report.
Auditor
Rhythm Pharma India Private Limited is audited by PALRAJ & SENTHIL for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PALRAJ & SENTHIL | FY 2016 | 007013S |
Shareholding
The shareholding of Rhythm Pharma India Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Rhythm Pharma India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rhythm Pharma India 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 Rhythm Pharma India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rhythm Pharma India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Rhythm Pharma India Private Limited, buy the company report.
Recent activity
Rhythm Pharma India Private Limited has 8 board changes on record since 2009: 2 appointments and 6 cessations. The latest: Arjunan Manimarane ceased to be Director on 17 Aug 2018.
Frequently asked questions
Rhythm Pharma India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Rhythm Pharma India was a private limited company based in Salem, Tamil Nadu, India. The company worked in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 23 March 2009 and is registered under CIN U51397TZ2009PTC015095. The company has been struck off by the Registrar of Companies and is no longer operational.
Rhythm Pharma India had 2 directors:
- Kuppuswamy Manivannan - Director
- Subramani Sangeetha - Director
The CIN (Corporate Identification Number) of Rhythm Pharma India is U51397TZ2009PTC015095. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Rhythm Pharma India is at 112 Sri Ram Nagar Fairlands, Salem, Tamil Nadu, India – 636016.
Rhythm Pharma India was incorporated on 23 March 2009. It is registered with the Registrar of Companies, Coimbatore.
The latest financial statements of Rhythm Pharma India on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Rhythm Pharma India has 2 GST registrations on record and all of them are cancelled or inactive.
Rhythm Pharma India operated in the pharma industry, in the pharmaceutical retailers and distributors segment. It worked in this industry before it was struck off.
The peers of Rhythm Pharma India by revenue are Clyde Biotech Private Limited, Satyam Drugs Private Limited, Miral Health Care Private Limited, Derma Land Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Arjunan Manimarane ceased to be Director on 17 Aug 2018. Subramani Sangeetha was appointed as Director on 13 Aug 2018. Ravishankar Shyamala ceased to be Director on 15 Nov 2017. Rhythm Pharma India has 8 board changes on record in total.
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