Startup India Government of India
Theertha Biopharma Private Limited - life sciences in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.21 Cr
▲ 219% YoY
Net profit · FY 2024
₹13.58 Lakh
Net margin 11.2%
EBITDA · FY 2024
₹23.19 Lakh
EBITDA margin 19.1%
Authorised capital
₹2.1 Cr
Registered with MCA
Paid-up capital
₹2.05 Cr
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Theertha Biopharma Private Limited
Data last updated:
Theertha Biopharma Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the biotechnology segment of the life sciences sector. It was incorporated on 06 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24239KA2019PTC129344. Its GSTIN is 29AAHCT5897N1Z6 (Karnataka).
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹2.05 Cr. It is led by directors including Sathyabalan Murugesan and Shougandh Ghosh.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.21 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹13.58 Lakh (net margin 11.2%) and EBITDA of ₹23.19 Lakh (EBITDA margin 19.1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The company is associated with 1 brand: Theertha. Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it; 3 cases are pending.
Theertha Biopharma Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0072326). For more details, the company can be reached via its website theerthabiopharma.com.
Company details
CIN U24239KA2019PTC129344
Registration Number 129344
Incorporation Date 06 November 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0072326
Recognitions & Rankings of Theertha Biopharma
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0072326
Contact details
Theertha Biopharma Private Limited's registered office is in Bangalore, Karnataka. Its website is theerthabiopharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 58 4th Phase KIADB, Bommasandra Industrial Area, Bangalore, Karnataka, India – 560099
- IndustryLife Sciences, Biotechnology
To see the full contact details of Theertha Biopharma Private Limited, buy the company report.
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- 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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Brands
Theertha Biopharma operates one associated brand: Theertha. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Radiopharmaceuticals and reagents are provided for medical and research applications. | theerthabiopharma.com |
Business activity
The main business activity of Theertha Biopharma is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Theertha Biopharma Private Limited, buy the company report.
Financials of Theertha Biopharma Private Limited
FY 2025 filings availableTheertha Biopharma Private Limited reported revenue of ₹1.21 Cr (up 219% YoY) for FY 2024.
Revenue · FY 2024
₹1.21 Cr ▲ 219%
Net profit · FY 2024
₹13.58 Lakh margin 11.2%
EBITDA · FY 2024
₹23.19 Lakh margin 19.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 219%
3 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 36%
Revenue has grown at a compounded annual rate (CAGR) of 3% over three years, including 219% growth in the latest year. EBITDA fell 2% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹23.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.58 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.1% | ||||
| Net Profit Margin | 11.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Theertha Biopharma Private Limited, buy the company report.
Board of directors of Theertha Biopharma Private Limited
Theertha Biopharma has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sathyabalan Murugesan Also directs: Innoniq Technologies Private Limited, Hoynoza Technologies Private Limited, Hoynoza Private Limited and 1 more | Director | 06 Nov 2019 | 7 Years 0 Months | Current |
| Shougandh Ghosh Also directs: Innoniq Technologies Private Limited, Hoynoza Private Limited | Director | 19 Oct 2020 | 6 Years 0 Months | Current |
| Satish Babu Guntupalli | Director | 06 Nov 2019 | 7 Years 0 Months | Current |
Auditor
Theertha Biopharma Private Limited is audited by S R & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R & ASSOCIATES | FY 2022 | 019327S |
Shareholding
The shareholding of Theertha Biopharma Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Theertha Biopharma Private Limited, buy the company report.
Legal cases
Theertha Biopharma Private Limited has 10 court cases on record: 2 filed by Theertha Biopharma, 8 filed against it. 3 cases are pending and 7 are disposed.
Total cases
10
Filed by the company
2
Filed against the company
8
Pending
3
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 1 |
| High courts | 4 | 4 | 2 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (C.S(COMM DIV)) | Filed against the company by M/S Kaleesuwari Refinery Private Limited Represented by Its Authorised Signatory | Pending |
| Madras High Court | Appeal | Filed against the company by M/S Kaleesuwari Refinery Private Limited Represented by Its Authorised Signatory | Pending |
| Madras High Court | Original application | Filed against the company by M/S Kaleesuwari Refinery Private Limited Represented by Its Authorised Signatory | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by Nippon Express India Pvt Ltd. | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Theertha Biopharma 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 Theertha Biopharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Theertha Biopharma Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
Theertha Biopharma has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCT5897N1Z6 | Karnataka | Active | 12 Nov 2019 |
To see the full GST registrations and return filing status of Theertha Biopharma Private Limited, buy the company report.
Recent activity
Theertha Biopharma Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Madhava Reddy Gongati ceased to be Director on 12 May 2023.
AGM
Theertha Biopharma Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Theertha Biopharma Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Madhava Reddy Gongati ceased to be Director.
Ceased
Raja Narendra Reddy Manthakal Reddy Gunthakal ceased to be Director.
Appointed
Shougandh Ghosh was appointed as Director.
Appointed
Sathyabalan Murugesan was appointed as Director.
Appointed
Satish Babu Guntupalli was appointed as Director.
Incorporation
06 Nov 2019
Theertha Biopharma Private Limited was registered on 06 Nov 2019 with Roc Bangalore & aged 7 years 4 days as per MCA records.
Frequently asked questions
Theertha Biopharma is an active private limited company based in Bangalore, Karnataka, India. The company works in biotechnology, within the life sciences industry. It was incorporated on 06 November 2019 (7+ years old) and is registered under CIN U24239KA2019PTC129344.
Theertha Biopharma has 3 current directors:
- Sathyabalan Murugesan - Director
- Shougandh Ghosh - Director
- Satish Babu Guntupalli - Director
The latest financial statements of Theertha Biopharma 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 2020 are in the company report.
The GSTIN of Theertha Biopharma is 29AAHCT5897N1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Theertha Biopharma is U24239KA2019PTC129344. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Theertha Biopharma has 10 court cases on record: 2 filed by the company and 8 filed against it. 3 are pending. Most are in the district courts.
Theertha Biopharma was incorporated on 06 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Madhava Reddy Gongati ceased to be Director on 12 May 2023. Raja Narendra Reddy Manthakal Reddy Gunthakal ceased to be Director on 19 Oct 2020. Shougandh Ghosh was appointed as Director on 19 Oct 2020. Theertha Biopharma has 5 board changes on record in total.
Yes, Theertha Biopharma is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Theertha Biopharma is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0072326).
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