About S.M. Pharmaceuticals Private Limited
Data last updated:
S.M. Pharmaceuticals Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Gennex Health Care Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 19 December 2018.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24230KA2018PTC119625. Its GSTIN is 29ABBCS2977H1ZX (Karnataka).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.5 Cr. It is led by directors including Yashwanth Kanchu Raju and Kanchu Doraswamy Raju.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2021, the company reported a revenue of ₹15.49 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹12.39 Lakh (net margin 0.8%) and EBITDA of ₹3.82 Cr (EBITDA margin 24.7%).
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SM Pharmaceuticals. As per MCA filings, the company has open charges of ₹21.02 Cr on record. Court records list 19 cases involving the company, including 5 filed by the company and 14 filed against it; 3 cases are pending.
The last known website on record is smpharmaceuticals.in.
Company details
Contact details
S.M. Pharmaceuticals Private Limited's registered office is in Bangalore, Karnataka. Its website is smpharmaceuticals.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address44/8 Ground Floor, 15th Cross Malleshwaram, Bangalore, Karnataka, India – 560003
- IndustryPharma, Drug Formulation & Development
To see the full contact details of S.M. Pharmaceuticals 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
Brands
S.M. Pharmaceuticals operates one associated brand: SM Pharmaceuticals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of generic finished formulations | smpharmaceuticals.in |
Financials of S.M. Pharmaceuticals Private Limited
FY 2024 filings availableS.M. Pharmaceuticals Private Limited reported revenue of ₹15.49 Cr (down 12% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year. EBITDA fell 7% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹15.49 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹3.82 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹12.39 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 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 24.7% | ||
| Net Profit Margin | 0.8% | ||
| 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 S.M. Pharmaceuticals Private Limited, buy the company report.
Board of directors of S.M. Pharmaceuticals Private Limited
S.M. Pharmaceuticals has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yashwanth Kanchu Raju | Director | 20 Dec 2023 | 2 Years 10 Months | As last reported |
| Kanchu Doraswamy Raju | Director | 20 Dec 2023 | 2 Years 10 Months | As last reported |
| Mallikarjuna Setty Nethi Also directs: Utsaha Biz-Advisors LLP, Sankalp Restructuring Private Limited | Irp/Rp/Liquidator | 07 Jul 2025 | 1 Years 3 Months | As last reported |
| Vedavathi Also directs: Sri Basava Rajendra Healthcare Private Limited | Director | 29 May 2025 | 1 Years 5 Months | As last reported |
| Suchithra Raja Also directs: Sri Basava Rajendra Healthcare Private Limited | Director | 29 May 2025 | 1 Years 5 Months | As last reported |
Auditor
S.M. Pharmaceuticals Private Limited is audited by V SEKHAR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V SEKHAR & CO | FY 2021 | 011487S |
Shareholding
The shareholding of S.M. Pharmaceuticals Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of S.M. Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2019 | 100255128 | State Bank of India | ₹21.02 Cr | Open |
To see the full charge records of S.M. Pharmaceuticals Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
S.M. Pharmaceuticals Private Limited has 19 court cases on record: 5 filed by S.M. Pharmaceuticals, 14 filed against it. 3 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 3 |
| High courts | 7 | 2 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Krishnagiri, Tamil Nadu | Court case (COS) | Filed against the company by SSF Plastics India Ltd Repd by Mr V Baskar Factory Manager | Disposed |
| District court, Medchal Malkajgiri, Telangana | Cheque dishonour complaint | Filed against the company by M/S. Sun Industries Rep. by Anil Kumar Mokat | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| District court, KOLAR, Karnataka | Civil suit | Filed against the company by M/S. Vinayaka Plastics | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against State Bank of India | Disposed |
To see the full case history of S.M. Pharmaceuticals 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 S.M. Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
S.M. Pharmaceuticals Private Limited has a workforce of 5 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
S.M. Pharmaceuticals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABBCS2977H1ZX | Karnataka | Active | 20 Feb 2019 |
To see the full GST registrations and return filing status of S.M. Pharmaceuticals Private Limited, buy the company report.
Recent activity
S.M. Pharmaceuticals Private Limited has 12 board changes on record since 2021: 5 appointments and 7 cessations. The latest: Mallikarjuna Setty Nethi was appointed as Irp/Rp/Liquidator on 07 Jul 2025.
5 earlier events are in the company report.
Frequently asked questions
S.M. Pharmaceuticals is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
S.M. Pharmaceuticals is a company under insolvency, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 19 December 2018 and is registered under CIN U24230KA2018PTC119625. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
S.M. Pharmaceuticals has 5 current directors:
- Yashwanth Kanchu Raju - Director
- Kanchu Doraswamy Raju - Director
- Vedavathi - Director
- Suchithra Raja - Director
- Mallikarjuna Setty Nethi - Irp/Rp/Liquidator
The latest financial statements of S.M. Pharmaceuticals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of S.M. Pharmaceuticals is U24230KA2018PTC119625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S.M. Pharmaceuticals has open charges of ₹21.02 Cr and no satisfied charges on record as per latest MCA filings.
S.M. Pharmaceuticals has 19 court cases on record: 5 filed by the company and 14 filed against it. 3 are pending. Most are in the district courts.
S.M. Pharmaceuticals was incorporated on 19 December 2018. It is registered with the Registrar of Companies, Bangalore.
Mallikarjuna Setty Nethi was appointed as Irp/Rp/Liquidator on 07 Jul 2025. Suchithra Raja was appointed as Director on 29 May 2025. Vedavathi was appointed as Director on 29 May 2025. S.M. Pharmaceuticals has 12 board changes on record in total.
S.M. Pharmaceuticals can be reached through the website smpharmaceuticals.in. Its registered office is in Bangalore, Karnataka, India.