MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0186633
H.S. Martin Process Systems (India) Private Limited - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.54 Cr
▲ 298% YoY
Net profit · FY 2024
₹45.66 Lakh
Net margin 8.2%
EBITDA · FY 2024
₹62.96 Lakh
EBITDA margin 11.4%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
17 yrs
Est. 2009
Directors on board
4
As per MCA filings
Active GSTINs
2
GST registered
About H.S. Martin Process Systems (India) Private Limited
Data last updated:
H.S. Martin Process Systems (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Asahi Glassplant Inc. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 03 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29268MH2009PTC192974. Its GSTIN is 27AANCS0966M1ZN (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Subramanium Raman and Yasuyuki Ikeda.
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 620 Ecstasy Business Park, Jsd Road Mulund (West) Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.54 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹45.66 Lakh (net margin 8.2%) and EBITDA of ₹62.96 Lakh (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years and 40% over five years.
H.S. Martin Process Systems (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0186633). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website syrris.com.
Company details
CIN U29268MH2009PTC192974
Registration Number 192974
Incorporation Date 03 June 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Asahi Glassplant Inc
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0186633
Recognitions & Rankings of H.S. Martin Process Systems (India)
Contact details
H.S. Martin Process Systems (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is syrris.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address620 Ecstasy Business Park, Jsd Road Mulund (West) Mumbai, Maharashtra, India – 400080
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of H.S. Martin Process Systems (India) Private Limited, buy the company report.
Comprehensive company report
H.S. Martin Process Systems (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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of H.S. Martin Process Systems (India) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of H.S. Martin Process Systems (India) Private Limited, buy the company report.
Financials of H.S. Martin Process Systems (India) Private Limited
FY 2025 filings availableH.S. Martin Process Systems (India) Private Limited reported revenue of ₹5.54 Cr (up 298% YoY) for FY 2024.
Revenue · FY 2024
₹5.54 Cr ▲ 298%
Net profit · FY 2024
₹45.66 Lakh margin 8.2%
EBITDA · FY 2024
₹62.96 Lakh margin 11.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 298%
3 years · compounded
▲ 80%
5 years · compounded
▲ 40%
EBITDA CAGR growth
3 years · compounded
▲ 146%
5 years · compounded
▲ 79%
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 298% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹62.96 Lakh | ||||
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| Net Profit (PAT) | ₹45.66 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 11.4% | ||||
| Net Profit Margin | 8.2% | ||||
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To see the full financial statements and ratios of H.S. Martin Process Systems (India) Private Limited, buy the company report.
Board of directors of H.S. Martin Process Systems (India) Private Limited
H.S. Martin Process Systems (India) has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramanium Raman | Director | 03 Jun 2009 | 17 Years 4 Months | Current |
| Yasuyuki Ikeda Also directs: GL Hakko Technology Private Limited, Agi Glassplant India Private Limited, Standard Engineering Technology Limited and 1 more | Director | 19 Feb 2020 | 6 Years 8 Months | Current |
| Toyoharu Ikeda Also directs: Agi Glassplant India Private Limited | Director | 21 Feb 2020 | 6 Years 8 Months | Current |
| Arcot Natarajan Saravanakumar | Director | 08 Nov 2024 | 1 Years 11 Months | Current |
Auditor
H.S. Martin Process Systems (India) Private Limited is audited by CNK & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CNK & Associates LLP | FY 2023 | 101961W/W-100036 |
Shareholding
The shareholding of H.S. Martin Process Systems (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 category | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of H.S. Martin Process Systems (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving H.S. Martin Process Systems (India) 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 H.S. Martin Process Systems (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
H.S. Martin Process Systems (India) has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCS0966M1ZN | Maharashtra | Active | 01 Jul 2017 |
| 29AANCS0966M1ZJ | Karnataka | Active | 23 Jul 2025 |
To see the full GST registrations and return filing status of H.S. Martin Process Systems (India) Private Limited, buy the company report.
Recent activity
H.S. Martin Process Systems (India) Private Limited has 11 board changes on record since 2009: 4 appointments and 7 cessations. The latest: Arcot Natarajan Saravanakumar ceased to be Additional Director on 29 Sep 2025.
AGM
H.S. Martin Process Systems (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Arcot Natarajan Saravanakumar ceased to be Additional Director.
Filing
H.S. Martin Process Systems (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Subramanium Raman ceased to be Director.
Appointed
Arcot Natarajan Saravanakumar was appointed as Director.
Ceased
Toyoharu Ikeda ceased to be Additional Director.
Ceased
Yasuyuki Ikeda ceased to be Additional Director.
Ceased
Andrew Mark Edwin Lovatt ceased to be Director.
Ceased
Mark Peter Timothy Gilligan ceased to be Director.
Appointed
Toyoharu Ikeda was appointed as Director.
Appointed
Yasuyuki Ikeda was appointed as Director.
Ceased
Rahul Gautam Divan ceased to be Director.
2 earlier events are in the company report.
Frequently asked questions
H.S. Martin Process Systems (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 03 June 2009 (17+ years old) and is registered under CIN U29268MH2009PTC192974.
H.S. Martin Process Systems (India) has 4 current directors:
- Subramanium Raman - Director
- Yasuyuki Ikeda - Director
- Toyoharu Ikeda - Director
- Arcot Natarajan Saravanakumar - Director
The latest financial statements of H.S. Martin Process Systems (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 H.S. Martin Process Systems (India) is 27AANCS0966M1ZN, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AANCS0966M1ZJ (Karnataka).
The CIN (Corporate Identification Number) of H.S. Martin Process Systems (India) is U29268MH2009PTC192974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
H.S. Martin Process Systems (India) was incorporated on 03 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Arcot Natarajan Saravanakumar ceased to be Additional Director on 29 Sep 2025. Subramanium Raman ceased to be Director on 07 Feb 2025. Arcot Natarajan Saravanakumar was appointed as Director on 08 Nov 2024. H.S. Martin Process Systems (India) has 11 board changes on record in total.
Yes, H.S. Martin Process Systems (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0186633).
H.S. Martin Process Systems (India) can be reached through the website syrris.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of H.S. Martin Process Systems (India) is at 620 Ecstasy Business Park, Jsd Road Mulund West Mumbai, Maharashtra, India – 400080.