Stedman Pharmaceuticals Private Limited

Stedman Pharmaceuticals Private Limited - pharma in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U24231TN1985PTC012518 Incorporated 26 December 1985 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company pharma MSME · Small
Data last updated
Revenue · FY 2024
₹57.77 Cr
▲ 9% YoY
Net profit · FY 2024
₹1.11 Cr
Net margin 1.9%
EBITDA · FY 2024
₹5.1 Cr
EBITDA margin 8.8%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.25 Cr
Issued & subscribed
Open charges
₹18.2 Cr
Satisfied ₹3.51 Cr
Company age
41 yrs
Est. 1985
Employees · EPFO
482
Provident fund records

About Stedman Pharmaceuticals Private Limited

Data last updated:

Stedman Pharmaceuticals Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 26 December 1985 and has been in existence for over 41 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24231TN1985PTC012518. Its GSTIN is 33AAACS9891G1Z2 (Tamil Nadu). The company holds 5 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors Ramkumar Rajagopal (Managing Director) and Rajagopal Rangachari.

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 Plot No.14A Nehru Nagar Third Cross Street Kottivakkam, Chennai, Tamil Nadu, India – 600041.

As per the financials filed for FY 2024, the company reported a revenue of ₹57.77 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.11 Cr (net margin 1.9%) and EBITDA of ₹5.1 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 9% over five years.

The company has about 482 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹18.2 Cr and satisfied charges of ₹3.51 Cr on record. Court records list 13 cases involving the company, including 9 filed by the company and 4 filed against it; 9 cases are pending. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹70 Lakh; the latest was in September 2019. Its 9 peer companies in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 larger and 4 smaller; the largest is Ocean Healthcare Private Limited with revenue of ₹58.49 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 65 overdue payments to 23 micro and small suppliers.

Stedman Pharmaceuticals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0003812). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stedmanpharma.com.

Company details

CIN U24231TN1985PTC012518
Registration Number 012518
Incorporation Date 26 December 1985
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-08-0003812

Recognitions & Rankings of Stedman Pharmaceuticals

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-08-0003812

Contact details

Stedman Pharmaceuticals Private Limited's registered office is in Chennai, Tamil Nadu. Its website is stedmanpharma.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Plot No.14A Nehru Nagar Third Cross Street Kottivakkam, Chennai, Tamil Nadu, India – 600041
  • Industry
    Pharma, Pharmaceutical Retailers & Distributors

To see the full contact details of Stedman Pharmaceuticals Private Limited, buy the company report.

Comprehensive company report
Stedman Pharmaceuticals 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 Stedman Pharmaceuticals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Stedman Pharmaceuticals Private Limited, buy the company report.

Financials of Stedman Pharmaceuticals Private Limited

FY 2024 filings available

Stedman Pharmaceuticals Private Limited reported revenue of ₹57.77 Cr (up 9% YoY) for FY 2024.

Revenue · FY 2024
₹57.77 Cr ▲ 9%
Net profit · FY 2024
₹1.11 Cr margin 1.9%
EBITDA · FY 2024
₹5.1 Cr margin 8.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 13%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 11%
5 years · compounded
▲ 9%

Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 9% growth in the latest year. EBITDA rose 16% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹57.77 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹5.1 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.11 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8.8%
Net Profit Margin1.9%
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 Stedman Pharmaceuticals Private Limited, buy the company report.

Board of directors of Stedman Pharmaceuticals Private Limited

Stedman Pharmaceuticals has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ramkumar RajagopalManaging Director02 Sep 200224 Years 2 MonthsCurrent
Rajagopal RangachariDirector01 Jan 198640 Years 10 MonthsCurrent

Peer comparison

Stedman Pharmaceuticals Private Limited is compared with the 9 companies closest to it by revenue in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ocean Healthcare Private Limited₹58.49 Cr (FY 2025)-8.0%Egmore Nungambakkm, Tamil Nadu, India
Unimarck Pharma (India) Limited₹58.24 Cr (FY 2025)7.0%Chandigarh, India
Livealth Biopharma Private Limited₹58.19 Cr (FY 2025)-9.0%Mumbai, Maharashtra, India
Uma Ayurvedics Private Limited₹58.01 Cr (FY 2024)61.0%Uttar Pradesh, India
Solistaa Pharmaceuticals Private Limited₹57.79 Cr (FY 2025)8.0%Puducherry, India
Stedman Pharmaceuticals Private Limitedthis company₹57.77 Cr (FY 2024)₹1.11 Cr1.9%9.0%482Chennai, Tamil Nadu, India
And Healthcare Limited₹57.48 Cr (FY 2024)24.0%Mohali, Punjab, India
Alna Biotech Private Limited₹57.47 Cr (FY 2024)3.0%Chandigarh, India
Accretion Pharmaceuticals Limited₹57.47 Cr (FY 2025)329.0%Sanand, Gujarat, India
VPL Chemicals Private Limited₹57.32 Cr (FY 2025)23.0%Bangalore, Karnataka, India

To see the full peer comparison of Stedman Pharmaceuticals Private Limited, buy the company report.

Auditor

Stedman Pharmaceuticals Private Limited is audited by P.KUMAR for the financial year 2024.

Auditor firmFinancial yearFirm registration number
P.KUMARFY 202425647

Shareholding

The shareholding of Stedman Pharmaceuticals Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Stedman Pharmaceuticals Private Limited, buy the company report.

Charges & borrowings

Open charges
₹18.2 Cr
Satisfied charges
₹3.51 Cr
Breakdown by lending institutions
State Bank of India₹18.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Feb 200390306668State Bank of India₹18.2 CrOpen
03 Jan 200190308522The Tamilnadu Industrial Invesment Corporation Ltd₹73.63 LakhSatisfied
18 Sep 200090306586State Bank of India₹11.87 LakhSatisfied
21 Jun 199990308513The Tamilnadu Industrial Investment Corporation Ltd₹8.66 LakhSatisfied
09 Apr 199990306545State Bank of India₹1.1 CrSatisfied

To see the full charge records of Stedman Pharmaceuticals Private Limited, buy the company report.

Total charge records: 12 View all charges

Deals & funding

Stedman Pharmaceuticals Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹70 Lakh; the latest was in September 2019.

Total deals
7
Secondary share transfers
5
Funding rounds
2
Disclosed funding
₹70 Lakh

Deals on record (5 of 7)

WhenDealAmountParties
Sep 2019Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Feb 2019Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Oct 2017Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Oct 2016Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Feb 2009Funding round₹25 LakhInvestors: an individual

To see the full deal history of Stedman Pharmaceuticals Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Stedman Pharmaceuticals Private Limited was last rated by Crisil on 13 Apr 2018.

Rating agencyRated onRating
Crisil13 Apr 2018

To see the full credit ratings and regulatory alerts of Stedman Pharmaceuticals Private Limited, buy the company report.

MSME payment delays

Stedman Pharmaceuticals Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 65 overdue payments to 23 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 23)

SupplierAmount dueDue sinceReported on
Noble Packo Chems
Sujata Chemicals
an individual supplier
Corel Pharma-Chem
Kranal Prints

To see the full MSME payment records of Stedman Pharmaceuticals Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Stedman Pharmaceuticals has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Stedman Pharmaceuticals Private Limited has a workforce of 482 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
482
Active EPFO establishments
1
Employee growth
2.99%

GST

Stedman Pharmaceuticals has 5 GST registrations: 1 active and 4 cancelled or inactive.

Total GSTINs
5
Active
1
Cancelled / inactive
4
GSTINStateStatusRegistered on
33AAACS9891G1Z2Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Stedman Pharmaceuticals Private Limited, buy the company report.

Recent activity

Stedman Pharmaceuticals Private Limited has 5 board changes on record since 1986: 2 appointments and 3 cessations. The latest: Rajagopal Rangachari ceased to be Managing Director on 09 Aug 2019.

Charges
A charge with State Bank Of India of Rs. 18.20 Cr registered on 03 Feb 2003 with Charge ID 90306668 was modified on 10 Oct 2024.
AGM
Stedman Pharmaceuticals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 05 Mar 1997 via Charge ID 90306429 with Assistant Commissioner Of Commercial Taxes was fully satisfied on 28 May 2024.
Charges
A charge registered on 15 Mar 1996 via Charge ID 90306375 with Assistant Commissioner Of Commercial Taxes was fully satisfied on 28 May 2024.
Filing
Stedman Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Rajagopal Rangachari ceased to be Managing Director.
Ceased
Ramkumar Rajagopal ceased to be Director.
Charges
A charge registered on 28 Feb 1997 via Charge ID 90308496 with State Bank Of India was fully satisfied on 17 Apr 2017.
Charges
A charge registered on 30 Aug 1995 via Charge ID 90306339 with State Bank Of India was fully satisfied on 17 Apr 2017.
Charges
A charge registered on 01 Apr 1991 via Charge ID 90306030 with State Bank Of India was fully satisfied on 17 Apr 2017.
Charges
A charge registered on 18 Sep 2000 via Charge ID 90306586 with State Bank Of India was fully satisfied on 07 Mar 2017.
Charges
A charge registered on 09 Apr 1999 via Charge ID 90306545 with State Bank Of India was fully satisfied on 07 Mar 2017.

22 earlier events are in the company report.

Frequently asked questions

Stedman Pharmaceuticals is an active private limited company based in Chennai, Tamil Nadu, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 26 December 1985 (41+ years old) and is registered under CIN U24231TN1985PTC012518.

Stedman Pharmaceuticals has 2 current directors:

The latest financial statements of Stedman 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 2015 are in the company report.

The GSTIN of Stedman Pharmaceuticals is 33AAACS9891G1Z2, registered in Tamil Nadu. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.

The CIN (Corporate Identification Number) of Stedman Pharmaceuticals is U24231TN1985PTC012518. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Stedman Pharmaceuticals has 13 court cases on record: 9 filed by the company and 4 filed against it. 9 are pending. Most are in the district courts.

Stedman Pharmaceuticals was incorporated on 26 December 1985, making it 41+ years old. It is registered with the Registrar of Companies, Chennai.

Stedman Pharmaceuticals has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹70 Lakh; the latest was in September 2019.

The peers of Stedman Pharmaceuticals by revenue are Ocean Healthcare Private Limited, Unimarck Pharma (India) Limited, Livealth Biopharma Private Limited, Uma Ayurvedics Private Limited, Solistaa Pharmaceuticals Private Limited and 4 more, all in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Rajagopal Rangachari ceased to be Managing Director on 09 Aug 2019. Ramkumar Rajagopal ceased to be Director on 09 Aug 2019. Desikan Sushila ceased to be Director on 16 Jan 2008. Stedman Pharmaceuticals has 5 board changes on record in total.

Yes, Stedman Pharmaceuticals is registered as a small enterprise under Udyam registration (number: UDYAM-TN-08-0003812).

Stedman Pharmaceuticals has 9 MSME Form 1 returns on record between 2019 and 2023, listing 65 overdue payments to 23 micro and small suppliers. The latest return was filed on 27 Aug 2023.