Ocean Healthcare Private Limited

Ocean Healthcare Private Limited - pharma in Egmore Nungambakkm, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U24100TN2013PTC090332 Incorporated 28 March 2013 ROC Chennai HQ Egmore Nungambakkm, Tamil Nadu, India
Active Private Limited Company pharma MSME · Medium
Data last updated
Revenue · FY 2025
₹58.49 Cr
▼ 8% YoY
Net profit · FY 2025
₹31.19 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹4.49 Cr
EBITDA margin 7.7%
Authorised capital
₹32.25 Cr
Registered with MCA
Paid-up capital
₹31.5 Cr
Issued & subscribed
Open charges
₹12 Cr
Satisfied ₹19.35 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
160
Provident fund records

About Ocean Healthcare Private Limited

Data last updated:

Ocean Healthcare Private Limited is a private limited company based in Egmore Nungambakkm, Tamil Nadu, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 28 March 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U24100TN2013PTC090332. Its GSTIN is 33AABCO8128M1Z8 (Tamil Nadu).

The company has an authorised share capital of ₹32.25 Cr and a paid-up capital of ₹31.5 Cr. It is led by directors including Sidharth Baid (Managing Director) and Sudhir Potdar.

Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Egmore Nungambakkm, Tamil Nadu.

As per the financials filed for FY 2025, the company reported a revenue of ₹58.49 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹31.19 Lakh (net margin 0.5%) and EBITDA of ₹4.49 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 25% over five years.

The company has about 160 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: OHPL. As per MCA filings, the company has open charges of ₹12 Cr and satisfied charges of ₹19.35 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 8 deals on record (5 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹25.87 Cr; the latest was in September 2019. Its 5 peer companies in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 1 larger and 4 smaller; the largest is SGS Pharmaceutical Pvt Ltd with revenue of ₹58.96 Cr. The company has 17 MSME Form 1 returns on record between 2016 and 2023, listing 1,821 overdue payments to 46 micro and small suppliers.

Ocean Healthcare Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-34-0001327). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oceanhealth.in.

Company details

CIN U24100TN2013PTC090332
Registration Number 090332
Incorporation Date 28 March 2013
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-34-0001327
Key People
Sidharth Baid Managing Director Rachana Sahal Company Secretary Sudhir Potdar Director

Recognitions & Rankings of Ocean Healthcare

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-34-0001327

Contact details

Ocean Healthcare Private Limited's registered office is in Egmore Nungambakkm, Tamil Nadu. Its website is oceanhealth.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    oceanhealth.in
  • Registered Address
    Riverdale Apartments Ground Floor Door No. 14/27, Second Avenue Harrington Road Chetpet, Egmore Nungambakkm, Tamil Nadu, India – 600031
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of Ocean Healthcare Private Limited, buy the company report.

Comprehensive company report
Ocean Healthcare 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Ocean Healthcare operates one associated brand: OHPL. Each brand links to its own profile.

BrandDescriptionWebsite
OHPL
Manufactures high-quality pharmaceuticals and nutraceuticals using cutting-edge technology in Chennai facilities.oceanhealth.in

Business activity

The main business activity of Ocean Healthcare 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 Ocean Healthcare Private Limited, buy the company report.

Financials of Ocean Healthcare Private Limited

FY 2025 filings available

Ocean Healthcare Private Limited reported revenue of ₹58.49 Cr (down 8% YoY) for FY 2025.

Revenue · FY 2025
₹58.49 Cr ▼ 8%
Net profit · FY 2025
₹31.19 Lakh margin 0.5%
EBITDA · FY 2025
₹4.49 Cr margin 7.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 18%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▼ 65%
3 years · compounded
▲ 2%

Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 65% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹4.49 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹31.19 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.7%
Net Profit Margin0.5%
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 Ocean Healthcare Private Limited, buy the company report.

Board of directors and KMP of Ocean Healthcare Private Limited

Ocean Healthcare Private Limited currently reports 4 directors and 1 key managerial person. 3 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Rachana SahalCompany Secretary01 Jan 20242 Years 10 MonthsCurrent
Sudhir Potdar
Also directs: Chemiadd Asia Private Limited, Bedia Viniyog Pvt Ltd
Director09 Sep 20233 Years 1 MonthsCurrent
Veera VenkateshDirector28 Mar 201313 Years 7 MonthsCurrent
Sidharth Baid
Also directs: Ocean Health and Medical Private Limited, Baid & Dhanda Ventures Private Limited, Dadha Advisory Trading Private Limited
Managing Director28 Mar 201313 Years 7 MonthsCurrent
Maher Mohd Ali KurdiDirector04 Jan 201412 Years 9 MonthsCurrent
View all directors and KMP

Peer comparison

Ocean Healthcare Private Limited is compared with the 5 companies closest to it by revenue in the Pharma industry (Formulations), 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
SGS Pharmaceutical Pvt Ltd₹58.96 Cr (FY 2024)37.0%New Elhi, Delhi, India
Ocean Healthcare Private Limitedthis company₹58.49 Cr (FY 2025)₹31.19 Lakh0.5%-8.0%160Egmore 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
Stedman Pharmaceuticals Private Limited₹57.77 Cr (FY 2024)9.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Ocean Healthcare Private Limited, buy the company report.

Auditor

Ocean Healthcare Private Limited is audited by M/s. Sivanandam & Co, A firm of Chartered Accountants for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M/s. Sivanandam & Co, A firm of Chartered AccountantsFY 2023007657S

Shareholding

The shareholding of Ocean Healthcare Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ocean Healthcare Private Limited, buy the company report.

Charges & borrowings

Open charges
₹12 Cr
Satisfied charges
₹19.35 Cr
Breakdown by lending institutions
Others₹12.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 May 2025101106901Others₹12 CrOpen
24 Nov 201410536180Syndicate Bank₹19.35 CrSatisfied

To see the full charge records of Ocean Healthcare Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Ocean Healthcare Private Limited has 8 deals on record (5 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹25.87 Cr; the latest was in September 2019.

Total deals
8
Funding rounds
5
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹25.87 Cr

Deals on record (5 of 8)

WhenDealAmountParties
Sep 2019Secondary share transferUndisclosedBuyer: an individual
Seller: Medinomics Health Care Private Limited , an individual
Mar 2018Funding round₹4.84 CrInvestors: Medinomics Health Care Private Limited , 3 individuals
Jul 2017Rights issue₹3.85 CrInvestors: Medinomics Health Care Private Limited , Hayat Healthcare International Co Llc
Apr 2015Funding round₹12.06 CrInvestors: Medinomics Health Care Private Limited , Hayat Healthcare International Co Llc, 2 individuals
Jul 2014Funding round₹4.36 CrInvestors: Hayat Healthcare International Co Llc, Medinomics Health Care Private Limited , 2 individuals

To see the full deal history of Ocean Healthcare 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

Ocean Healthcare Private Limited was last rated by Care on 07 Jan 2022.

Rating agencyRated onRating
Care07 Jan 2022

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

MSME payment delays

Ocean Healthcare Private Limited has 17 MSME Form 1 returns on record between 2016 and 2023, listing 1,821 overdue payments to 46 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 46)

SupplierAmount dueDue sinceReported on
Anzen Exports Private Limited
Raghul Process
an individual supplier
Vasavi Packaging Industries
Shubham Pharmachem Pvt Ltd

To see the full MSME payment records of Ocean Healthcare Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Ocean Healthcare Private Limited has a workforce of 160 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
160
Active EPFO establishments
1
Employee growth
11.11%

GST

Ocean Healthcare has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AABCO8128M1Z8Tamil NaduActive01 Jul 2017

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

Recent activity

Ocean Healthcare Private Limited has 8 board changes on record since 2013: 5 appointments and 3 cessations. The latest: Rachana Sahal was appointed as Company Secretary on 01 Jan 2024.

AGM
Ocean Healthcare Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 12.00 Cr registered on 20 May 2025 with Charge ID 101106901 was modified on 13 Jun 2025.
Charges
A charge with Others amounted to Rs. 12.00 Cr with Charge ID 101106901 was registered on 20 May 2025.
Filing
Ocean Healthcare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Rachana Sahal was appointed as Company Secretary.
Charges
A charge registered on 24 Nov 2014 via Charge ID 10536180 with Syndicate Bank was fully satisfied on 13 Dec 2023.
Ceased
Sudhir Potdar ceased to be Additional Director.
Appointed
Sudhir Potdar was appointed as Director.
Charges
A charge with Syndicate Bank of Rs. 19.35 Cr registered on 24 Nov 2014 with Charge ID 10536180 was modified on 19 Jan 2016.
Ceased
Kamalnayan Atal ceased to be Director.
Ceased
Umesh Kumar Rathi ceased to be Director.
Charges
A charge with Syndicate Bank amounted to Rs. 19.35 Cr with Charge ID 10536180 was registered on 24 Nov 2014.

4 earlier events are in the company report.

News

Frequently asked questions

Ocean Healthcare is an active private limited company based in Egmore Nungambakkm, Tamil Nadu, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 28 March 2013 (13+ years old) and is registered under CIN U24100TN2013PTC090332.

Ocean Healthcare has 5 current directors and KMP:

The latest financial statements of Ocean Healthcare on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Ocean Healthcare is 33AABCO8128M1Z8, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Ocean Healthcare is U24100TN2013PTC090332. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ocean Healthcare has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.

Ocean Healthcare was incorporated on 28 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.

Ocean Healthcare has 8 deals on record (5 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹25.87 Cr; the latest was in September 2019.

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

Rachana Sahal was appointed as Company Secretary on 01 Jan 2024. Sudhir Potdar ceased to be Additional Director on 29 Sep 2023. Sudhir Potdar was appointed as Director on 09 Sep 2023. Ocean Healthcare has 8 board changes on record in total.

Yes, Ocean Healthcare is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-34-0001327).

Ocean Healthcare has 17 MSME Form 1 returns on record between 2016 and 2023, listing 1,821 overdue payments to 46 micro and small suppliers. The latest return was filed on 27 Aug 2023.