Avanos Medical India Private Limited

Avanos Medical India Private Limited - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74900MH2014PTC339829 Incorporated 28 August 2014 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company healthcare
Data last updated
Revenue · FY 2025
₹36.4 Cr
▼ 13% YoY
Net profit · FY 2025
₹1.21 Cr
Net margin 3.3%
EBITDA · FY 2025
₹2.17 Cr
EBITDA margin 6%
Authorised capital
₹9 Lakh
Registered with MCA
Paid-up capital
₹8.4 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Employees · EPFO
27
Provident fund records
Directors on board
2
As per MCA filings

About Avanos Medical India Private Limited

Data last updated:

Avanos Medical India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Avanos Medical Inc. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 28 August 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2014PTC339829. Its GSTIN is 27AADCH4619N1Z8 (Maharashtra).

The company has an authorised share capital of ₹9 Lakh and a paid-up capital of ₹8.4 Lakh. It was formerly known as Halyard Health India Private Limited. It is led by directors Gaurav Gajendra Mandawat and Kerr William Holbrook.

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 1809B 18th Floor Kailash Business Park Veer Savarkar Road Park, Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹36.4 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Cr (net margin 3.3%) and EBITDA of ₹2.17 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 8% over five years.

The company has about 27 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Avanos. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2019. Its 7 peer companies in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 3 smaller; the largest is Imaging Products (India) Private Limited with revenue of ₹36.97 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2021, listing 4 overdue payments to 4 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avanos.com.

Company details

CIN U74900MH2014PTC339829
Registration Number 339829
Incorporation Date 28 August 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Avanos Medical Inc
Compliance Status Active Compliant

CIN history

Avanos Medical India has one previous CIN (Corporate Identification Number): U74900PN2014PTC152351. The current CIN is U74900MH2014PTC339829, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74900MH2014PTC339829Current
U74900PN2014PTC152351Previous

Contact details

Avanos Medical India Private Limited's registered office is in Mumbai, Maharashtra. Its website is avanos.com. Its e-mail address is in the company report.

  • Email
  • Website
  • Social Media
  • Registered Address
    1801 – 03 A &1809B 18th Floor Kailash Business Park Veer Savarkar Road Park Site Vikhro, Li (West), Mumbai, Maharashtra, India – 400079
  • Industry
    Healthcare, Medical Equipment Retail & Distribution

To see the full contact details of Avanos Medical India Private Limited, buy the company report.

Comprehensive company report
Avanos Medical India 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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Brands

Avanos Medical India operates one associated brand: Avanos. Each brand links to its own profile.

BrandDescriptionWebsite
Medical devices for pain management and enteral feeding are manufactured.avanos.com

Business activity

The main business activity of Avanos Medical India is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Avanos Medical India Private Limited, buy the company report.

Financials of Avanos Medical India Private Limited

FY 2025 filings available

Avanos Medical India Private Limited reported revenue of ₹36.4 Cr (down 13% YoY) for FY 2025.

Revenue · FY 2025
₹36.4 Cr ▼ 13%
Net profit · FY 2025
₹1.21 Cr margin 3.3%
EBITDA · FY 2025
₹2.17 Cr margin 6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 9%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 30%
5 years · compounded
▲ 16%

Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 12% 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₹2.17 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.21 Cr
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 Margin6%
Net Profit Margin3.3%
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 Avanos Medical India Private Limited, buy the company report.

Board of directors of Avanos Medical India Private Limited

Avanos Medical India has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gaurav Gajendra MandawatDirector27 Mar 20233 Years 7 MonthsCurrent
Kerr William HolbrookDirector24 Jul 20251 Years 3 MonthsCurrent

Peer comparison

Avanos Medical India Private Limited is compared with the 7 companies closest to it by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Imaging Products (India) Private Limited₹36.97 Cr (FY 2024)-6.0%Chennai, Tamil Nadu, India
Nexnos Pharma Limited₹36.91 Cr (FY 2025)187.0%Chittorgarh, Rajasthan, India
Genpharmasec Limited₹36.78 Cr (FY 2025)18.0%Mumbai, Maharashtra, India
Mamta Hygiene Products Private Limited₹36.68 Cr (FY 2025)76.0%Gulabpura, Rajasthan, India
Avanos Medical India Private Limitedthis company₹36.4 Cr (FY 2025)₹1.21 Cr3.3%-13.0%27Mumbai, Maharashtra, India
Lotus Biomedicals Private Limited₹35.95 Cr (FY 2025)8.0%Howrah, West Bengal, India
Jayhida Medicare Private Limited₹35.94 Cr (FY 2025)13.0%Hyderabad, Telangana, India
Aashish Bio Business Private Limited₹35.61 Cr (FY 2025)109.0%Telangana, India

To see the full peer comparison of Avanos Medical India Private Limited, buy the company report.

Auditor

Avanos Medical India Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
DELOITTE HASKINS & SELLS LLPFY 2023117366W/W-100018

Shareholding

The shareholding of Avanos Medical India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Avanos Medical India Private Limited, buy the company report.

Deals & funding

Avanos Medical India Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2019.

Total deals
3
Secondary share transfers
2
Rights issue
1

Deals on record (3 of 3)

WhenDealAmountParties
Mar 2019Secondary share transferUndisclosedBuyer: Avanos Medical, Inc., Avanos Medical Sales, LLC
Seller: Halyard Sales, LLC, Halyard Health Inc
Mar 2018Secondary share transferUndisclosedBuyer: Halyard Health Inc, Halyard Sales, LLC
Seller: 2 individuals
Mar 2015Rights issue₹18.5 CrInvestors: Halyard Health Inc

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Avanos Medical India Private Limited has 4 MSME Form 1 returns on record between 2019 and 2021, listing 4 overdue payments to 4 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 (4 of 4)

SupplierAmount dueDue sinceReported on
an individual supplier
Envisbe Solutions Private Limited
Nexdigm Private Limited
Imaginarium Rapid Private Limited

To see the full MSME payment records of Avanos Medical India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Avanos Medical India Private Limited has a workforce of 27 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
27
Active EPFO establishments
1
Employee growth
50%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2727
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Avanos Medical India Private Limited, buy the company report.

GST

Avanos Medical India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCH4619N1Z8MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Avanos Medical India Private Limited, buy the company report.

Recent activity

Avanos Medical India Private Limited has 15 board changes on record since 2015: 3 appointments and 12 cessations. The latest: Kerr William Holbrook was appointed as Director on 24 Jul 2025.

AGM
Avanos Medical India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Kerr William Holbrook was appointed as Director.
Filing
Avanos Medical India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Gaurav Gajendra Mandawat ceased to be Additional Director.
Ceased
Michael Christopher Greiner ceased to be Additional Director.
Appointed
Michael Christopher Greiner was appointed as Director.
Ceased
Mukesh Chachan ceased to be Additional Director.
Appointed
Gaurav Gajendra Mandawat was appointed as Director.
Ceased
Sameer Singla ceased to be Additional Director.
Ceased
Boon Seong Lee ceased to be Director.
Ceased
Jojo Jose ceased to be Additional Director.
Ceased
Arjun Ranjan Sarker ceased to be Director.

6 earlier events are in the company report.

Frequently asked questions

Avanos Medical India is an active private limited company based in Mumbai, Maharashtra, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 28 August 2014 (12+ years old) and is registered under CIN U74900MH2014PTC339829.

Avanos Medical India has 2 current directors:

The latest financial statements of Avanos Medical India 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 2015 are in the company report.

The GSTIN of Avanos Medical India is 27AADCH4619N1Z8, registered in Maharashtra.

The CIN (Corporate Identification Number) of Avanos Medical India is U74900MH2014PTC339829. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Avanos Medical India was incorporated on 28 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.

Avanos Medical India has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2019.

The peers of Avanos Medical India by revenue are Imaging Products (India) Private Limited, Nexnos Pharma Limited, Genpharmasec Limited, Mamta Hygiene Products Private Limited, Lotus Biomedicals Private Limited and 2 more, all in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading).

Kerr William Holbrook was appointed as Director on 24 Jul 2025. Gaurav Gajendra Mandawat ceased to be Additional Director on 25 Dec 2023. Michael Christopher Greiner ceased to be Additional Director on 25 Dec 2023. Avanos Medical India has 15 board changes on record in total.

Avanos Medical India has 4 MSME Form 1 returns on record between 2019 and 2021, listing 4 overdue payments to 4 micro and small suppliers. The latest return was filed on 29 Oct 2021.

Avanos Medical India can be reached through the website avanos.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Avanos Medical India is at 1801 – 03 A &1809B 18th Floor Kailash Business Park Veer Savarkar Road Park Site Vikhro, Li West, Mumbai, Maharashtra, India – 400079.