The present study was carried out to identify the phytochemicals present in the Punica granatum a medicinally important plant of the Punicaceae family. In the present study the ethanolic rind extract of Punica granatum fruit has been subjected to GC-MS analysis and in vitro antioxidant assay. This analysis revealed that ethanolic extract of P. granatum Linn contains 3,5-Dihydroxy-6-methyl-2,3-dihydro-4H-pyran-4-one, Nitroisobutylglycerol, Ethyl .alpha.-d-glucopyranoside, 3H-indole-3-carbaldehyde (4-amino-5-methyl-4H-1,2,4-triazol-3-yl) hydrazone, Maltol etc., justifying the use of this plant to treat many aliments in folk and herbal medicine.