MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0018956
Forman Medics Private Limited - healthcare in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹11.81 Cr
▲ 8% YoY
Net profit · FY 2026
₹9.82 Lakh
Net margin 0.8%
EBITDA · FY 2026
₹86.99 Lakh
EBITDA margin 7.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
16
Provident fund records
Directors on board
2
As per MCA filings
About Forman Medics Private Limited
Data last updated:
Forman Medics Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the preventive healthcare segment of the healthcare sector. It was incorporated on 28 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2016PTC094239. Its GSTIN is 24AACCF9431H1ZQ (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Amitav Sahoo and Sanjukta Sahoo.
Its last annual general meeting (AGM) was held on 30 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2026, the company reported a revenue of ₹11.81 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹9.82 Lakh (net margin 0.8%) and EBITDA of ₹86.99 Lakh (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 16% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
Forman Medics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0018956). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website formanmedics.com.
Company details
CIN U51909GJ2016PTC094239
Registration Number 094239
Incorporation Date 28 October 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0018956
Key People
Amitav Sahoo Director Sanjukta Sahoo Director Recognitions & Rankings of Forman Medics
Contact details
Forman Medics Private Limited's registered office is in Ahmedabad, Gujarat. Its website is formanmedics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShed – 80 Gajanan Industrial Hub B/H Amba Estate Nr. Vinzol Patiya GIDC, Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryHealthcare, Preventive Health Services
To see the full contact details of Forman Medics Private Limited, buy the company report.
Comprehensive company report
Forman Medics 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 Forman Medics is manufacturing. In detail, this covers manufacture of basic pharmaceutical products and pharmaceutical preparations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 21 | Manufacture of basic pharmaceutical products and pharmaceutical preparations |
To see the full business activity and turnover split of Forman Medics Private Limited, buy the company report.
Financials of Forman Medics Private Limited
FY 2026 filings availableForman Medics Private Limited reported revenue of ₹11.81 Cr (up 8% YoY) for FY 2026.
Revenue · FY 2026
₹11.81 Cr ▲ 8%
Net profit · FY 2026
₹9.82 Lakh margin 0.8%
EBITDA · FY 2026
₹86.99 Lakh margin 7.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 12%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 14%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 8% growth in the latest year. EBITDA fell 7% 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹11.81 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹86.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.82 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 0.8% | ||||
| 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 Forman Medics Private Limited, buy the company report.
Board of directors of Forman Medics Private Limited
Forman Medics has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amitav Sahoo Also directs: Simmo Meditech Private Limited | Director | 28 Oct 2016 | 10 Years 0 Months | Current |
| Sanjukta Sahoo | Director | 28 Oct 2016 | 10 Years 0 Months | Current |
Auditor
Forman Medics Private Limited is audited by HEMAL PARIKH & CO. LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HEMAL PARIKH & CO. LLP | FY 2026 | 133155W/W100297 |
Shareholding
The shareholding of Forman Medics Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Forman Medics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Forman Medics 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
Forman Medics Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 4 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Suyaash Pharmaceuticals | |||
| Acme Lifetech LLP |
To see the full MSME payment records of Forman Medics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Forman Medics Private Limited has a workforce of 16 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
Employee growth
-11.11%
GST
Forman Medics has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCF9431H1ZQ | Gujarat | Active | 01 Jul 2017 |
| 22AACCF9431H1ZU | Chattisgarh | Active | 01 Feb 2024 |
To see the full GST registrations and return filing status of Forman Medics Private Limited, buy the company report.
Recent activity
Forman Medics Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Amitav Sahoo was appointed as Director on 28 Oct 2016.
AGM
Forman Medics Private Limited last Annual general meeting of members was held on 30 Sep 2026 as per latest MCA records.
Filing
Forman Medics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Appointed
Amitav Sahoo was appointed as Director.
Appointed
Sanjukta Sahoo was appointed as Director.
Incorporation
28 Oct 2016
Forman Medics Private Limited was registered on 28 Oct 2016 with Roc Ahmedabad & aged 10 years 13 days as per MCA records.
Frequently asked questions
Forman Medics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in preventive health services, within the healthcare industry. It was incorporated on 28 October 2016 (10+ years old) and is registered under CIN U51909GJ2016PTC094239.
Forman Medics has 2 current directors:
- Amitav Sahoo - Director
- Sanjukta Sahoo - Director
The latest financial statements of Forman Medics on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2026. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Forman Medics is 24AACCF9431H1ZQ, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 22AACCF9431H1ZU (Chattisgarh).
The CIN (Corporate Identification Number) of Forman Medics is U51909GJ2016PTC094239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forman Medics was incorporated on 28 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Amitav Sahoo was appointed as Director on 28 Oct 2016. Sanjukta Sahoo was appointed as Director on 28 Oct 2016.
Yes, Forman Medics is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0018956).
Forman Medics has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 17 Nov 2019.
Forman Medics can be reached through the website formanmedics.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Forman Medics is at Shed – 80 Gajanan Industrial Hub BH Amba Estate Nr. Vinzol Patiya GIDC, Vatva, Ahmedabad, Gujarat, India – 382445.
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