MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-10-0002460
Variety Pharmaceuticals Pvt Ltd - pharma in Palakkad, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.92 Cr
▼ 11% YoY
Net profit · FY 2025
₹2.09 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹36.49 Lakh
EBITDA margin 7.4%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹23.06 Lakh
Issued & subscribed
Open charges
₹5.25 Cr
Satisfied ₹5.7 Cr
Company age
42 yrs
Est. 1984
Employees · EPFO
33
Provident fund records
About Variety Pharmaceuticals Pvt Ltd
Data last updated:
Variety Pharmaceuticals Pvt Ltd is a private limited company based in Palakkad, Kerala, India, a subsidiary of Fling Pharmaceuticals Private Limited. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 27 March 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U24231KL1984PTC003945. Its GSTIN is 32AAACV7847F1ZB (Kerala).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹23.06 Lakh. It is led by directors Thekka Prakotuthodi Balakrishnan (Managing Director) and Damodar Avanoor.
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 B – 3 Industrial Estate Shoranur, Palakkad, Kerala, India – 679122.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.92 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹2.09 Lakh (net margin 0.4%) and EBITDA of ₹36.49 Lakh (EBITDA margin 7.4%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Variety Pharmaceuticals. As per MCA filings, the company has open charges of ₹5.25 Cr and satisfied charges of ₹5.7 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
Variety Pharmaceuticals Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-10-0002460). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varietypharma.com.
Company details
CIN U24231KL1984PTC003945
Registration Number 003945
Incorporation Date 27 March 1984
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Fling Pharmaceuticals Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-10-0002460
Recognitions & Rankings of Variety Pharmaceuticals
Contact details
Variety Pharmaceuticals Pvt Ltd's registered office is in Palakkad, Kerala. Its website is varietypharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 3 Industrial Estate Shoranur, Palakkad, Kerala, India – 679122
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Variety Pharmaceuticals Pvt Ltd, buy the company report.
Comprehensive company report
Variety Pharmaceuticals Pvt Ltd - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Variety Pharmaceuticals operates one associated brand: Variety Pharmaceuticals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Serves as a contract manufacturer for tablets, capsules, syrups, and injectables. | varietypharma.com |
Business activity
The main business activity of Variety Pharmaceuticals 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 Variety Pharmaceuticals Pvt Ltd, buy the company report.
Financials of Variety Pharmaceuticals Pvt Ltd
FY 2024 filings availableVariety Pharmaceuticals Pvt Ltd reported revenue of ₹4.92 Cr (down 11% YoY) for FY 2025.
Revenue · FY 2025
₹4.92 Cr ▼ 11%
Net profit · FY 2025
₹2.09 Lakh margin 0.4%
EBITDA · FY 2025
₹36.49 Lakh margin 7.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 2%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 36%
3 years · compounded
▼ 1%
5 years · compounded
▼ 6%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 11% fall in the latest year. EBITDA rose 36% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹36.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.09 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 0.4% | ||||
| 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 Variety Pharmaceuticals Pvt Ltd, buy the company report.
Board of directors of Variety Pharmaceuticals Pvt Ltd
Variety Pharmaceuticals has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thekka Prakotuthodi Balakrishnan Also directs: Variety Formulations Pvt Ltd | Managing Director | 28 Sep 1999 | 27 Years 1 Months | Current |
| Damodar Avanoor | Director | 30 Jun 2010 | 16 Years 4 Months | Current |
Peer comparison
Variety Pharmaceuticals Pvt Ltd is compared with the 3 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Switzer Lifescience Private Limited | ₹4.93 Cr (FY 2025) | -35.0% | Ahmedabad, Gujarat, India | |||
| Reliv Healthcare Private Limited | ₹4.93 Cr (FY 2022) | -18.0% | Mumbai, Maharashtra, India | |||
| Variety Pharmaceuticals Pvt Ltdthis company | ₹4.92 Cr (FY 2025) | ₹2.09 Lakh | 0.4% | -11.0% | 33 | Palakkad, Kerala, India |
| La-Pharma(Gujarat) Private Limited | ₹4.91 Cr (FY 2025) | -6.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Variety Pharmaceuticals Pvt Ltd, buy the company report.
Auditor
Variety Pharmaceuticals Pvt Ltd is audited by C. K. Nair & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C. K. Nair & Co | FY 2023 | 002299S |
Shareholding
The shareholding of Variety Pharmaceuticals Pvt Ltd is on record for 5 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 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Variety Pharmaceuticals Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹5.25 Cr
Satisfied charges
₹5.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2025 | 101181783 | Dhanlaxmi Bank Limited | ₹30 Lakh | Open | |
| 04 Oct 2025 | 101181781 | Dhanlaxmi Bank Limited | ₹3 Cr | Open | |
| 22 Aug 2025 | 101195660 | Dhanlaxmi Bank Limited | ₹20.58 Lakh | Open | |
| 08 Jan 2025 | 101040829 | Dhanlaxmi Bank Limited | ₹34 Lakh | Open | |
| 22 Jun 2022 | 100593491 | Hdfc Bank Limited | ₹13 Lakh | Open |
To see the full charge records of Variety Pharmaceuticals Pvt Ltd, buy the company report.
Total charge records: 24 View all charges
Legal cases
Variety Pharmaceuticals Pvt Ltd has 3 court cases on record: 3 filed by Variety Pharmaceuticals. All cases are disposed.
Total cases
3
Filed by the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against State of Kerala, and 5 others | Disposed |
| High Court | Writ petition | Filed by the company against individuals | Disposed |
| High Court | Appeal | Filed by the company against Asst.Commissioner and 3 others | Disposed |
To see the full case history of Variety Pharmaceuticals Pvt Ltd, 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
Variety Pharmaceuticals Pvt Ltd has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 7 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Choice Packagings |
To see the full MSME payment records of Variety Pharmaceuticals Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Variety Pharmaceuticals Pvt Ltd has a workforce of 33 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
33
Active EPFO establishments
1
Employee growth
3.12%
GST
Variety Pharmaceuticals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACV7847F1ZB | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Variety Pharmaceuticals Pvt Ltd, buy the company report.
Recent activity
Variety Pharmaceuticals Pvt Ltd has 5 board changes on record since 1999: 2 appointments and 3 cessations. The latest: Ramankutty Warrier Rajan ceased to be Director on 06 Mar 2013.
Charges
A charge registered on 12 Jul 2023 via Charge ID 100773207 with Dhanlaxmi Bank Limited was fully satisfied on 04 Nov 2025.
Charges
A charge registered on 14 Jun 2022 via Charge ID 100589866 with Dhanlaxmi Bank Limited was fully satisfied on 04 Nov 2025.
Charges
A charge registered on 14 Jun 2022 via Charge ID 100589870 with Dhanlaxmi Bank Limited was fully satisfied on 04 Nov 2025.
Charges
A charge registered on 02 Jun 2021 via Charge ID 100453906 with Dhanlaxmi Bank Limited was fully satisfied on 04 Nov 2025.
Charges
A charge registered on 02 Jun 2021 via Charge ID 100453908 with Dhanlaxmi Bank Limited was fully satisfied on 04 Nov 2025.
Charges
A charge registered on 17 Aug 2020 via Charge ID 100368207 with Dhanlaxmi Bank Limited was fully satisfied on 04 Nov 2025.
Charges
A charge registered on 08 Jun 2020 via Charge ID 100343237 with Dhanlaxmi Bank Limited was fully satisfied on 04 Nov 2025.
Charges
A charge registered on 25 Mar 2019 via Charge ID 100254762 with Dhanlaxmi Bank Limited was fully satisfied on 04 Nov 2025.
Charges
A charge registered on 25 Mar 2019 via Charge ID 100254764 with Dhanlaxmi Bank Limited was fully satisfied on 04 Nov 2025.
Charges
A charge registered on 22 Mar 2017 via Charge ID 100092349 with Dhanlaxmi Bank Limited was fully satisfied on 04 Nov 2025.
Charges
A charge registered on 22 Mar 2017 via Charge ID 100092351 with Dhanlaxmi Bank Limited was fully satisfied on 04 Nov 2025.
Charges
A charge registered on 21 Jun 2016 via Charge ID 100039476 with Dhanlaxmi Bank Limited was fully satisfied on 04 Nov 2025.
40 earlier events are in the company report.
Frequently asked questions
Variety Pharmaceuticals is an active private limited company based in Palakkad, Kerala, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 27 March 1984 (42+ years old) and is registered under CIN U24231KL1984PTC003945.
Variety Pharmaceuticals has 2 current directors:
- Thekka Prakotuthodi Balakrishnan - Managing Director
- Damodar Avanoor - Director
The latest financial statements of Variety 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 Variety Pharmaceuticals is 32AAACV7847F1ZB, registered in Kerala.
The CIN (Corporate Identification Number) of Variety Pharmaceuticals is U24231KL1984PTC003945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Variety Pharmaceuticals has 3 court cases on record: 3 filed by the company.
Variety Pharmaceuticals was incorporated on 27 March 1984, making it 42+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Variety Pharmaceuticals by revenue are Switzer Lifescience Private Limited, Reliv Healthcare Private Limited, La-Pharma(Gujarat) Private Limited, all in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Ramankutty Warrier Rajan ceased to be Director on 06 Mar 2013. Damodar Avanoor was appointed as Director on 30 Jun 2010. Mattumayil Shajan Varghese ceased to be Director on 30 Jun 2010. Variety Pharmaceuticals has 5 board changes on record in total.
Yes, Variety Pharmaceuticals is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-10-0002460).
Variety Pharmaceuticals has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 7 overdue payments to 3 micro and small suppliers. The latest return was filed on 28 May 2019.
Variety Pharmaceuticals can be reached through the website varietypharma.com. Its registered office is in Palakkad, Kerala, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages