Equatorial Private Limited
About Equatorial Private Limited
Data last updated:
Equatorial Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 15 March 1955.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ1955PTC000577. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was led by directors including Hasmukh Chudgar and Binish Hasmukh Chudgar.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Corporate House Nr. Sola Bridge S. G. Highway Thaltej, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2018, the company reported a revenue of ₹19.61 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹19.44 Cr (net margin 99.1%) and EBITDA of ₹19.6 Cr (EBITDA margin 100%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.
Company details
Contact details
Equatorial Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCorporate House Nr. Sola Bridge S. G. Highway Thaltej, Ahmedabad, Gujarat, India – 380054
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Equatorial Private Limited, buy the company report.
- 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
Financials of Equatorial Private Limited
FY 2018 filings availableEquatorial Private Limited reported revenue of ₹19.61 Cr (up 22832% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | ₹19.6 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹19.44 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 100% | |||
| Net Profit Margin | 99.1% | |||
| 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 Equatorial Private Limited, buy the company report.
Board of directors of Equatorial Private Limited
Equatorial has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hasmukh Chudgar Also directs: Intas Pharmaceuticals Limited | Director | 01 Oct 2013 | 13 Years 1 Months | As last reported |
| Binish Hasmukh Chudgar Also directs: Jina Lifesciences Private Limited, Astron Packaging Limited, Intas Pharmaceuticals Limited and 5 more | Director | 01 Aug 1994 | 32 Years 3 Months | As last reported |
| Nimish Hasmukh Bhai Chudgar Also directs: Astron Packaging Limited, Intas Pharmaceuticals Limited, Accord Healthcare Limited and 3 more | Director | 01 Aug 1994 | 32 Years 3 Months | As last reported |
Peer comparison
Equatorial Private Limited is compared with the 10 companies closest to it by revenue in the Healthcare industry (API Manufacturers, Formulations, Medical and Laboratory Equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alpha Therapeutics Private Limited | ₹19.74 Cr (FY 2025) | 17.0% | Ahmedabad, Gujarat, India | |||
| Asai Vishwa Speciality Chemicals Private Limited | ₹19.73 Cr (FY 2024) | -13.0% | Navi Mumbai, Maharashtra, India | |||
| Evolve IT Solutions Private Limited | ₹19.71 Cr (FY 2024) | -2.0% | Pune, Maharashtra, India | |||
| Xenon Pharma Private Limited | ₹19.65 Cr (FY 2024) | 28.0% | New Delhi, Delhi, India | |||
| Estrellas Life Sciences Private Limited | ₹19.63 Cr (FY 2025) | 8.0% | Ahmedabad, Gujarat, India | |||
| Equatorial Private Limitedthis company | ₹19.61 Cr (FY 2018) | ₹19.44 Cr | 99.1% | 22832.0% | Ahmedabad, Gujarat, India | |
| Emmar Chem Industries Pvt Ltd | ₹19.6 Cr (FY 2024) | 29.0% | Boisar, Maharashtra, India | |||
| Easemed Electrosurgical Private Limited | ₹19.58 Cr (FY 2024) | 5.0% | Badlapur, Maharashtra, India | |||
| Taaj Health Care Chemicals Private Limited | ₹19.54 Cr (FY 2024) | 233.0% | Thane, Maharashtra, India | |||
| Grivola Enterprises Private Limited | ₹19.54 Cr (FY 2025) | -6.0% | Chennai, Tamil Nadu, India | |||
| Vishakam Medicare Private Limited | ₹19.53 Cr (FY 2025) | -15.0% | Kollam, Kerala, India |
To see the full peer comparison of Equatorial Private Limited, buy the company report.
Auditor
Equatorial Private Limited is audited by Apaji Amin & Co. LLP for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Apaji Amin & Co. LLP | FY 2015 | 100513W/W1 |
Shareholding
The shareholding of Equatorial Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Equatorial Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Equatorial 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 Equatorial Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Equatorial has 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
Equatorial has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Equatorial Private Limited, buy the company report.
Recent activity
Equatorial Private Limited has 8 board changes on record since 1994: 3 appointments and 5 cessations. The latest: Hasmukh Chudgar ceased to be Additional Director on 30 Sep 2014.
Frequently asked questions
Equatorial has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Equatorial was a private limited company based in Ahmedabad, Gujarat, India. The company worked in medical and laboratory equipment, within the healthcare industry. It was incorporated on 15 March 1955 and is registered under CIN U51909GJ1955PTC000577. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Equatorial was incorporated on 15 March 1955. It is registered with the Registrar of Companies, Ahmedabad.
Equatorial had 3 directors:
- Hasmukh Chudgar - Director
- Binish Hasmukh Chudgar - Director
- Nimish Hasmukh Bhai Chudgar - Director
The CIN (Corporate Identification Number) of Equatorial is U51909GJ1955PTC000577. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Equatorial is at Corporate House Nr. Sola Bridge S. G. Highway Thaltej, Ahmedabad, Gujarat, India – 380054.
The latest financial statements of Equatorial on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Equatorial has 1 GST registration on record and it is cancelled or inactive.
Equatorial operated in the healthcare industry, in the medical and laboratory equipment segment.
The peers of Equatorial by revenue are Alpha Therapeutics Private Limited, Asai Vishwa Speciality Chemicals Private Limited, Evolve IT Solutions Private Limited, Xenon Pharma Private Limited, Estrellas Life Sciences Private Limited and 5 more, all in the Healthcare industry (API Manufacturers, Formulations, Medical and Laboratory Equipment).
Hasmukh Chudgar ceased to be Additional Director on 30 Sep 2014. Hasmukh Chudgar was appointed as Director on 01 Oct 2013. Bina Nimish Chudgar ceased to be Director on 15 Sep 2013. Equatorial has 8 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
