DPIIT recognised startup Government of India
Startup India
Armstrong Medical Private Limited
Armstrong Medical Private Limited - pharma in Raipur, Chhattisgarh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.01 Cr
▲ 125928% YoY
Net profit · FY 2024
₹36.67 Lakh
Net margin 36.4%
EBITDA · FY 2024
₹50.09 Lakh
EBITDA margin 49.7%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Armstrong Medical Private Limited
Data last updated:
Armstrong Medical Private Limited is a private limited company based in Raipur, Chhattisgarh, India, recognised as a startup by DPIIT. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 03 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U33119CT2019PTC009178. Its GSTIN is 22AASCA1385K1ZF (Chattisgarh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2 Lakh. It is led by directors Manish Agrawal and Paras Sareen.
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 Raipur, Chhattisgarh.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.01 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹36.67 Lakh (net margin 36.4%) and EBITDA of ₹50.09 Lakh (EBITDA margin 49.7%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years.
Company details
CIN U33119CT2019PTC009178
Registration Number 009178
Incorporation Date 03 April 2019
ROC Chhattisgarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Key People
Manish Agrawal Director Paras Sareen Director Recognitions & Rankings of Armstrong Medical
Contact details
Armstrong Medical Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2nd Floor Omaya Square Near Kamal Vihar Gate, Plot No. B – 1 Sector – 15B Kamal Vihar, Raipur, Chhattisgarh, India – 492015
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Armstrong Medical Private Limited, buy the company report.
Comprehensive company report
Armstrong Medical 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
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Business activity
The main business activity of Armstrong Medical is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Armstrong Medical Private Limited, buy the company report.
Financials of Armstrong Medical Private Limited
FY 2025 filings availableArmstrong Medical Private Limited reported revenue of ₹1.01 Cr (up 125928% YoY) for FY 2024.
Revenue · FY 2024
₹1.01 Cr ▲ 125928%
Net profit · FY 2024
₹36.67 Lakh margin 36.4%
EBITDA · FY 2024
₹50.09 Lakh margin 49.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 57%
EBITDA CAGR growth
3 years · compounded
▲ 453%
Revenue has grown at a compounded annual rate (CAGR) of 57% over three years. 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 |
|---|---|---|---|---|---|
| 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 | ₹50.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.67 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 49.7% | ||||
| Net Profit Margin | 36.4% | ||||
| 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 Armstrong Medical Private Limited, buy the company report.
Board of directors of Armstrong Medical Private Limited
Armstrong Medical has 2 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 |
|---|---|---|---|---|
| Manish Agrawal Also directs: Capital Biotech LLP, 9M Life Sciences Private Limited, Evermax Electronics Limited and 4 more | Director | 03 Apr 2019 | 7 Years 7 Months | Current |
| Paras Sareen Also directs: 9M Care Limited, Paras Surgico Private Limited | Director | 20 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Armstrong Medical Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abhinav Green Power (India) Private Limited | ₹1.01 Cr (FY 2024) | 87.0% | Raipur, Chhattisgarh, India | |||
| Kulhad Tea Private Limited | ₹1.01 Cr (FY 2025) | -20.0% | Hamjabad, Uttar Pradesh, India | |||
| Siena Chemical Private Limited | ₹1.01 Cr (FY 2025) | -8.0% | Mumbai, Maharashtra, India | |||
| Amitanand & Ashok Kumar International Trading Private Limited | ₹1.01 Cr (FY 2023) | 26.0% | Bikaner, Rajasthan, India | |||
| Rajarajeshwara Ventures Private Limited | ₹1.01 Cr (FY 2025) | -84.0% | Mangalore, Karnataka, India | |||
| Armstrong Medical Private Limitedthis company | ₹1.01 Cr (FY 2024) | ₹36.67 Lakh | 36.4% | 125928.0% | Raipur, Chhattisgarh, India | |
| BRG Texfab Private Limited | ₹1.01 Cr (FY 2025) | -4.0% | Delhi, India | |||
| P.J.Softwares Private Limited | ₹1.01 Cr (FY 2025) | 2.0% | Kanpur, Uttar Pradesh, India | |||
| Shanu Silk Mills Private Limited | ₹1.01 Cr (FY 2025) | -1.0% | Bhilwara, Rajasthan, India | |||
| Kiama Industries Private Limited | ₹1.01 Cr (FY 2025) | -33.0% | Delhi, India | |||
| Netraspandana Health Care and Research Private Limited | ₹1.01 Cr (FY 2024) | 9.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Armstrong Medical Private Limited, buy the company report.
Auditor
Armstrong Medical Private Limited is audited by GAJAL AGRAWAL AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAJAL AGRAWAL AND CO. | FY 2023 | 329920E |
Shareholding
The shareholding of Armstrong Medical Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Armstrong Medical Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Armstrong Medical Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Armstrong Medical Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Armstrong Medical has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AASCA1385K1ZF | Chattisgarh | Active | 09 Jul 2019 |
To see the full GST registrations and return filing status of Armstrong Medical Private Limited, buy the company report.
Recent activity
Armstrong Medical Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Khushbu Agrawal ceased to be Director on 21 May 2025.
AGM
Armstrong Medical Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Khushbu Agrawal ceased to be Director.
Appointed
Paras Sareen was appointed as Director.
Filing
Armstrong Medical Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chhattisgarh.
Ceased
Paras Sareen ceased to be Director.
Appointed
Manish Agrawal was appointed as Director.
Incorporation
03 Apr 2019
Armstrong Medical Private Limited was registered on 03 Apr 2019 with Roc Chhattisgarh & aged 7 years 7 months as per MCA records.
Frequently asked questions
Armstrong Medical is an active private limited company based in Raipur, Chhattisgarh, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 03 April 2019 (7+ years old) and is registered under CIN U33119CT2019PTC009178.
Armstrong Medical has 2 current directors:
- Manish Agrawal - Director
- Paras Sareen - Director
The latest financial statements of Armstrong Medical 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 Armstrong Medical is 22AASCA1385K1ZF, registered in Chattisgarh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Armstrong Medical is U33119CT2019PTC009178. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Armstrong Medical was incorporated on 03 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Armstrong Medical by revenue are Abhinav Green Power (India) Private Limited, Kulhad Tea Private Limited, Siena Chemical Private Limited, Amitanand & Ashok Kumar International Trading Private Limited, Rajarajeshwara Ventures Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Khushbu Agrawal ceased to be Director on 21 May 2025. Paras Sareen was appointed as Director on 20 May 2025. Paras Sareen ceased to be Director on 31 Mar 2021. Armstrong Medical has 4 board changes on record in total.
Yes, Armstrong Medical is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Armstrong Medical is at 2nd Floor Omaya Square Near Kamal Vihar Gate, Plot No. B – 1 Sector – 15B Kamal Vihar, Raipur, Chhattisgarh, India – 492015.
Armstrong Medical operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
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