MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-AP-03-0012667
Russet Therapeutics Private Limited
Russet Therapeutics Private Limited - trading in Lalacheruvu, Andhra Pradesh, India. Directors, charges & compliance details.
Revenue · FY 2023
₹77.86 Lakh
▲ 1003% YoY
Net loss · FY 2023
₹9.24 Lakh
Net margin -11.9%
EBITDA · FY 2023
-₹7.03 Lakh
EBITDA margin -9%
Authorised capital
₹49 Lakh
Registered with MCA
Paid-up capital
₹49 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Employees · EPFO
23
Provident fund records
Directors on board
3
As per MCA filings
About Russet Therapeutics Private Limited
Data last updated:
Russet Therapeutics Private Limited is a private limited company based in Lalacheruvu, Andhra Pradesh, India. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 04 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U51909AP2021PTC119335.
The company has an authorised share capital of ₹49 Lakh and a paid-up capital of ₹49 Lakh. It is led by directors including Sri Ravi Chandra Naga Radha Gopal Soorabathula (Managing Director) and Venkata Nageswara Rao Thoram.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Aphb Lig 396 Palacherla Village, Lalacheruvu, Andhra Pradesh, India – 533106.
As per the financials filed for FY 2023, the company reported a revenue of ₹77.86 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹9.24 Lakh (net margin -11.9%) and EBITDA of -₹7.03 Lakh (EBITDA margin -9%).
The company has about 23 employees on its provident fund (EPFO) records.
Russet Therapeutics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-03-0012667). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51909AP2021PTC119335
Registration Number 119335
Incorporation Date 04 September 2021
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-AP-03-0012667
Key People
Sri Ravi Chandra Naga Radha Gopal Soorabathula Managing Director Venkata Nageswara Rao Thoram Director Venkata Nagalakshmi Akula Director Recognitions & Rankings of Russet Therapeutics
Contact details
Russet Therapeutics Private Limited's registered office is in Lalacheruvu, Andhra Pradesh.
- Registered AddressAphb Lig 396 Palacherla Village, Lalacheruvu, Andhra Pradesh, India – 533106
- IndustryTrading, Specialty, Wholesale
Comprehensive company report
Russet Therapeutics 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 Russet Therapeutics 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 Russet Therapeutics Private Limited, buy the company report.
Financials of Russet Therapeutics Private Limited
FY 2025 filings availableRusset Therapeutics Private Limited reported revenue of ₹77.86 Lakh (up 1003% YoY) for FY 2023.
Revenue · FY 2023
₹77.86 Lakh ▲ 1003%
Net loss · FY 2023
₹9.24 Lakh margin -11.9%
EBITDA · FY 2023
-₹7.03 Lakh margin -9%
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| 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 | -₹7.03 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹9.24 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 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -9% | |
| Net Profit Margin | -11.9% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| 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 Russet Therapeutics Private Limited, buy the company report.
Board of directors of Russet Therapeutics Private Limited
Russet Therapeutics has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Nageswara Rao Thoram | Director | 04 Sep 2021 | 5 Years 2 Months | Current |
| Sri Ravi Chandra Naga Radha Gopal Soorabathula | Managing Director | 04 Sep 2021 | 5 Years 2 Months | Current |
| Venkata Nagalakshmi Akula | Director | 28 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
Russet Therapeutics 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 |
|---|---|---|---|---|---|---|
| Agshov Pharmaceuticals Private Limited | ₹78.43 Lakh (FY 2024) | 9.0% | North Twenty Four Pargana, West Bengal, India | |||
| Russet Therapeutics Private Limitedthis company | ₹77.86 Lakh (FY 2023) | -₹9.24 Lakh | -11.9% | 1003.0% | Lalacheruvu, Andhra Pradesh, India | |
| Zwie'bak Pharmaceuticals Private Limited | ₹77.76 Lakh (FY 2024) | 19.0% | Aligarh, Uttar Pradesh, India | |||
| Inara India Pharmaceuticals Private Limited | ₹77.65 Lakh (FY 2022) | 0.0% | Kolkata, West Bengal, India | |||
| Rashvi Bioscience Private Limited | ₹77.64 Lakh (FY 2024) | 5233.0% | Kadi, Gujarat, India |
To see the full peer comparison of Russet Therapeutics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Russet Therapeutics 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 Russet Therapeutics 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 Russet Therapeutics Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Russet Therapeutics Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Venkata Nagalakshmi Akula was appointed as Director on 28 Feb 2024.
AGM
Russet Therapeutics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Russet Therapeutics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada.
Appointed
Venkata Nagalakshmi Akula was appointed as Director.
Ceased
Satyanarayana Murthy Akula ceased to be Director.
Appointed
Sri Ravi Chandra Naga Radha Gopal Soorabathula was appointed as Managing Director.
Appointed
Venkata Nageswara Rao Thoram was appointed as Director.
Incorporation
04 Sep 2021
Russet Therapeutics Private Limited was registered on 04 Sep 2021 with Roc Vijayawada & aged 5 years 2 months as per MCA records.
Frequently asked questions
Russet Therapeutics is an active private limited company based in Lalacheruvu, Andhra Pradesh, India. The company works in specialty, within the trading industry. It was incorporated on 04 September 2021 (5+ years old) and is registered under CIN U51909AP2021PTC119335.
Russet Therapeutics has 3 current directors:
- Sri Ravi Chandra Naga Radha Gopal Soorabathula - Managing Director
- Venkata Nageswara Rao Thoram - Director
- Venkata Nagalakshmi Akula - Director
The latest financial statements of Russet Therapeutics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Russet Therapeutics is U51909AP2021PTC119335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Russet Therapeutics was incorporated on 04 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Russet Therapeutics by revenue are Agshov Pharmaceuticals Private Limited, Zwie'bak Pharmaceuticals Private Limited, Inara India Pharmaceuticals Private Limited, Rashvi Bioscience Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Venkata Nagalakshmi Akula was appointed as Director on 28 Feb 2024. Satyanarayana Murthy Akula ceased to be Director on 12 Feb 2023. Sri Ravi Chandra Naga Radha Gopal Soorabathula was appointed as Managing Director on 04 Sep 2021. Russet Therapeutics has 4 board changes on record in total.
Yes, Russet Therapeutics is registered as a micro enterprise under Udyam registration (number: UDYAM-AP-03-0012667).
The registered office of Russet Therapeutics is at Aphb Lig 396 Palacherla Village, Lalacheruvu, Andhra Pradesh, India – 533106.
Russet Therapeutics operates in the trading industry, in the specialty segment.
The compliance status of Russet Therapeutics is compliant as of 13 August 2026. The company is actively filing with the Registrar of Companies.
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