M-Swasth Solutions Private Limited
About M-Swasth Solutions Private Limited
Data last updated:
M-Swasth Solutions Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 01 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85200KA2021PTC149020. Its GSTIN is 29AAOCM7270K1ZP (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹21 Lakh and a paid-up capital of ₹1.31 Lakh. It is led by directors including Hemant Kaul and Neeraj Maheshwari.
Its last annual general meeting (AGM) was held on 30 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2737/1 Third Floor 27th Main Sector 1 Hsr Layout, Bengaluru, Karnataka, India – 560102.
As per the financials filed for FY 2025, the company reported a revenue of ₹264.66 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net loss of ₹6.89 Cr (net margin -2.6%) and EBITDA of -₹1.97 Cr (EBITDA margin -0.7%). Revenue has grown at a compounded annual rate (CAGR) of 218% over three years.
The company has about 782 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary and 1 joint venture.
The company is associated with 1 brand: M-Swasth. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2022. Its 10 peer companies in the Healthcare industry (Healthcare Technology) are compared by revenue, 5 larger and 5 smaller; the largest is Stryker India Pvt Ltd with revenue of ₹1,050.22 Cr.
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- Registered Address2737/1 Third Floor 27th Main Sector 1 Hsr Layout, Bengaluru, Karnataka, India – 560102
- IndustryHealthcare, HealthTech & Medical Tech Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of M-Swasth Solutions Private Limited
The main business activity of M-Swasth Solutions is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of M-Swasth Solutions Private Limited FY 2025 filings available
M-Swasth Solutions Private Limited reported revenue of ₹264.66 Cr (up 58% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of M-Swasth Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 218% over three years, including 58% growth in the latest year. EBITDA rose 93% 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 of M-Swasth Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | -₹1.97 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.89 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 of M-Swasth Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -0.7% | •••• | •••• | •••• |
| Net Profit Margin | -2.6% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of M-Swasth Solutions are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of M-Swasth Solutions Private Limited
M-Swasth Solutions Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Healthcare Technology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Stryker India Pvt Ltd | ₹1,050.22 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Providence Global Center LLP | ₹872.17 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Hyderabad, Telangana, India |
| Primera Medical Technologies Private Limited | ₹483.41 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Hyderabad, Telangana, India |
| Emids Technologies Private Limited | ₹409.18 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Bangalore, Karnataka, India |
| Sivantos India Private Limited | ₹387.2 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Bangalore, Karnataka, India |
| M-Swasth Solutions Private Limited this company | ₹264.66 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Bengaluru, Karnataka, India |
| Nextgen Healthcare India Private Limited | ₹259.79 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Bangalore, Karnataka, India |
| E-Governance Solutions Private Limited | ₹244.15 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Mumbai, Maharashtra, India |
| DH Healthcare Software Services India Private Limited | ₹224.7 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Chennai, Tamil Nadu, India |
| Skanray Technologies Limited | ₹213.3 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Mysore, Karnataka, India |
| Sudhir Srivastava Innovations Private Limited | ₹203.39 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | Haryana, India |
Peers are the five companies nearest above and the five nearest below M-Swasth Solutions by revenue in the Healthcare industry (Healthcare Technology), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of M-Swasth Solutions Private Limited
M-Swasth Solutions Private Limited is audited by R. GOPAL & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R. GOPAL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of M-Swasth Solutions Private Limited
M-Swasth Solutions has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Kaul Also directs: Indostar Capital Finance Limited, WMW Industries Limited, Namdev Finvest Private Limited and 2 more | Director | 28 Mar 2025 | 1 Years 6 Months | Current |
| Neeraj Maheshwari | Director | 01 Jul 2021 | 5 Years 3 Months | Current |
| Anurag Dod Also directs: Cogbit Technologies LLP, M-Swasth North Solution Private Limited | Director | 01 Jul 2021 | 5 Years 3 Months | Current |
| Prakash Ranjan Also directs: Medicall Services Private Limited, Entropy Tech Private Limited | Director | 01 Nov 2024 | 1 Years 11 Months | Current |
Ownership and Shareholding of M-Swasth Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of M-Swasth Solutions Private Limited
M-Swasth Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of M-Swasth Solutions Private Limited
M-Swasth Solutions Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: M lnsure Services Private Limited Seller: 2 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of M-Swasth Solutions Private Limited
M-Swasth Solutions Private Limited has 2 court cases on record: 1 filed by M-Swasth Solutions, 1 filed against it. 1 case is pending and 1 is disposed. Status as checked between 02 Oct 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 1 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (CRL.P) | Filed by the company against State of Karnataka | Pending |
| NCLT, Chandigarh | Insolvency matter | Filed against the company by an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with M-Swasth Solutions Private Limited
M-Swasth Solutions operates one associated brand: M-SWASTH. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers telemedicine, preventive healthcare, and virtual OPD services in India. | m-swasth.in |
Employees and EPFO Compliance at M-Swasth Solutions Private Limited
M-Swasth Solutions Private Limited has a workforce of 782 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of M-Swasth Solutions Private Limited
M-Swasth Solutions has 1 subsidiary company and 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| M-Swasth North Solution Private Limited | U72900HR2021PTC100181 | Locked |
Showing major subsidiaries. Total: 1.
CIN History of M-Swasth Solutions Private Limited
M-Swasth Solutions has one previous CIN (Corporate Identification Number): U85200HR2021PTC144468. The current CIN is U85200KA2021PTC149020, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85200KA2021PTC149020 | Current |
| U85200HR2021PTC144468 | Previous |
Recent Activity on M-Swasth Solutions Private Limited
M-Swasth Solutions Private Limited has 5 board changes on record since 2021: 4 appointments and 1 cessation. The latest: Hemant Kaul was appointed as Director on 28 Mar 2025.
Credit Ratings, Litigation & Regulatory Alerts for M-Swasth Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by M-Swasth Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of M-Swasth Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of M-Swasth Solutions Private Limited
M-Swasth Solutions has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCM7270K1ZP | Karnataka | Active | 28 Sep 2021 |
| 06AAOCM7270K1ZX | Haryana | Active | 03 Nov 2021 |
| 09AAOCM7270K1ZR | Uttar Pradesh | Active | 22 Aug 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of M-Swasth Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about M-Swasth Solutions Private Limited
M-Swasth Solutions is an active private limited company based in Bengaluru, Karnataka, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 01 July 2021 (5+ years old) and is registered under CIN U85200KA2021PTC149020.
M-Swasth Solutions reported revenue of ₹264.66 Cr for FY 2025 (up 58% YoY).
M-Swasth Solutions has 4 current directors:
- Hemant Kaul - Director
- Neeraj Maheshwari - Director
- Anurag Dod - Director
- Prakash Ranjan - Director
M-Swasth Solutions reported a net loss of ₹6.89 Cr (net margin -2.6%) and EBITDA of -₹1.97 Cr (EBITDA margin -0.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of M-Swasth Solutions is 218% over three years. In the latest year (FY 2025) revenue rose 58%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of M-Swasth Solutions is 29AAOCM7270K1ZP, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 06AAOCM7270K1ZX (Haryana), 09AAOCM7270K1ZR (Uttar Pradesh).
The CIN (Corporate Identification Number) of M-Swasth Solutions is U85200KA2021PTC149020. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M-Swasth Solutions has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the nclt.
M-Swasth Solutions was incorporated on 01 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
M-Swasth Solutions has 1 deal on record (1 secondary share transfer); the latest was in March 2022.
The peers of M-Swasth Solutions by revenue are Stryker India Pvt Ltd, Providence Global Center LLP, Primera Medical Technologies Private Limited, Emids Technologies Private Limited, Sivantos India Private Limited and 5 more, all in the Healthcare industry (Healthcare Technology).