Varince Pharma Private Limited
About Varince Pharma Private Limited
Data last updated:
Varince Pharma Private Limited is a private limited company based in Tuticorin, Tamil Nadu, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 20 September 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2013PTC093071. Its GSTIN is 33AAECV5824G1ZE (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shenbagam Muthumanickam Renuka (Managing Director) and Chinnadurai Prince Soyus.
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 4/149 Statebank Colony, Tuticorin, Tamil Nadu, India – 628002.
As per the financials filed for FY 2025, the company reported a revenue of ₹67.22 Lakh, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹2.85 Lakh (net margin 4.2%) and EBITDA of ₹3.85 Lakh (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 10% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address4/149 Statebank Colony, Tuticorin, Tamil Nadu, India – 628002
- IndustryPharma, Pharmaceutical Retailers & Distributors
- 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
- One PDF report, delivered after checkout
Business Activity of Varince Pharma Private Limited
The main business activity of Varince Pharma is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Varince Pharma Private Limited FY 2025 filings available
Varince Pharma Private Limited reported revenue of ₹67.22 Lakh (up 66% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Varince Pharma Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 66% growth in the latest year. EBITDA fell 9% 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 of Varince Pharma Private Limited
| 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 | ₹3.85 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.85 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 of Varince Pharma Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Varince Pharma are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Varince Pharma Private Limited
Varince Pharma has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chinnadurai Prince Soyus | Director | 20 Sep 2013 | 13 Years 1 Months | Current |
| Shenbagam Muthumanickam Renuka | Managing Director | 20 Sep 2013 | 13 Years 1 Months | Current |
Peer Comparison of Varince Pharma Private Limited
Varince Pharma Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Movani Pharma Private Limited | ₹67.71 Lakh (FY 2023) | •••• | •••• | 530.0% | •••• | Mumbai, Maharashtra, India |
| Youth Energy Health Marketing Private Limited | ₹67.58 Lakh (FY 2024) | •••• | •••• | -68.0% | •••• | Bijnor, Uttar Pradesh, India |
| Waxemon Pharmaceuticals (OPC) Private Limited | ₹67.52 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Lucknow, Uttar Pradesh, India |
| Seramic Pharmaceuticals Private Limited | ₹67.42 Lakh (FY 2025) | •••• | •••• | -49.0% | •••• | Bhiwandi, Maharashtra, India |
| Lifewins Medicare Private Limited | ₹67.24 Lakh (FY 2022) | •••• | •••• | 0.0% | •••• | Navi Mumbai, Maharashtra, India |
| Varince Pharma Private Limited this company | ₹67.22 Lakh (FY 2025) | •••• | •••• | 66.0% | •••• | Tuticorin, Tamil Nadu, India |
| Wellness First Global Koncepts Private Limited | ₹67.21 Lakh (FY 2025) | •••• | •••• | -66.0% | •••• | New Delhi, Delhi, India |
| Amrut Manthan Tradelink Private Limited | ₹67.19 Lakh (FY 2024) | •••• | •••• | -20.0% | •••• | Rajkot, Gujarat, India |
| Kalash Metals Private Limited | ₹67.17 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Mumbai, Maharashtra, India |
| Biocase Foods and Extracts Private Limited | ₹66.93 Lakh (FY 2024) | •••• | •••• | •••• | Hisar, Haryana, India | |
| Lemurik Healthcare Private Limited | ₹66.9 Lakh (FY 2020) | •••• | •••• | -18.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Varince Pharma by revenue in the Pharma industry (Pharma Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Varince Pharma Private Limited
Varince Pharma Private Limited is audited by ABUSALI SIDDIQUE & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ABUSALI SIDDIQUE & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Varince Pharma Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Varince Pharma Private Limited
Varince Pharma Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Varince Pharma Private Limited
Employment history and EPFO contributions of people linked to Varince Pharma.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Varince Pharma Private Limited
Varince Pharma Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Gomathinayagam Mariappan Venkatesh ceased to be Director on 02 Apr 2019.
Credit Ratings, Litigation & Regulatory Alerts for Varince Pharma Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Varince Pharma Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Varince Pharma Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Varince Pharma Private Limited
Varince Pharma has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECV5824G1ZE | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Varince Pharma Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Varince Pharma Private Limited
Varince Pharma is an active private limited company based in Tuticorin, Tamil Nadu, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 20 September 2013 (13+ years old) and is registered under CIN U74900TN2013PTC093071.
Varince Pharma reported revenue of ₹67.22 Lakh for FY 2025 (up 66% YoY).
Varince Pharma has 2 current directors:
- Shenbagam Muthumanickam Renuka - Managing Director
- Chinnadurai Prince Soyus - Director
Varince Pharma reported a net profit of ₹2.85 Lakh (net margin 4.2%) and EBITDA of ₹3.85 Lakh (EBITDA margin 5.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Varince Pharma is 20% over three years and 10% over five years. In the latest year (FY 2025) revenue rose 66%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Varince Pharma is 33AAECV5824G1ZE, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Varince Pharma is U74900TN2013PTC093071. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varince Pharma was incorporated on 20 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Varince Pharma by revenue are Movani Pharma Private Limited, Youth Energy Health Marketing Private Limited, Waxemon Pharmaceuticals (OPC) Private Limited, Seramic Pharmaceuticals Private Limited, Lifewins Medicare Private Limited and 5 more, all in the Pharma industry (Pharma Retail and Distribution).
Gomathinayagam Mariappan Venkatesh ceased to be Director on 02 Apr 2019. Madaswamy Subbulakshmi ceased to be Director on 02 Apr 2019. Chinnadurai Prince Soyus was appointed as Director on 20 Sep 2013. Varince Pharma has 4 board changes on record in total.
The registered office of Varince Pharma is at 4149 Statebank Colony, Tuticorin, Tamil Nadu, India – 628002.