Panshul Multitrade Private Limited
About Panshul Multitrade Private Limited
Data last updated:
Panshul Multitrade Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 01 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2018PTC103489. Its GSTIN is 24AAKCP0025D1Z0 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dindayal Nathulal Agrawal and Keyur Nautambhai Zaveri.
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 F.F/4/B Manibhadra Complex Opp. Rajasthan Hospital Camp Road Sahibaug, Ahmedabad, Gujarat, India – 380004.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.01 Cr, a growth of 101% compared to the previous year. For the same year it recorded a net profit of ₹24.89 Lakh (net margin 1.7%) and EBITDA of ₹37.29 Lakh (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 58% over five years.
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- Registered AddressF.F/4/B Manibhadra Complex Opp. Rajasthan Hospital Camp Road Sahibaug, Ahmedabad, Gujarat, India – 380004
- IndustryHealthcare, Medical Equipment Retail & Distribution
- 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 Panshul Multitrade Private Limited
The main business activity of Panshul Multitrade is trade. In detail, this covers wholesale trading and retail trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| G | Trade | G2 | Retail Trading | 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 Panshul Multitrade Private Limited FY 2025 filings available
Panshul Multitrade Private Limited reported revenue of ₹15.01 Cr (up 101% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Panshul Multitrade Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 101% growth in the latest year. EBITDA rose 117% 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 Panshul Multitrade Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹37.29 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24.89 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 of Panshul Multitrade Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.7% | •••• | •••• | •••• | •••• |
| 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 Panshul Multitrade are in the company report.
Financial statements from FY 2019
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 Panshul Multitrade Private Limited
Panshul Multitrade Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trivitech Enterprises Private Limited | ₹15.11 Cr (FY 2022) | •••• | •••• | 2380.0% | •••• | Chennai, Tamil Nadu, India |
| Elion Healthcare Private Limited | ₹15.06 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Shree Vardhmaan Surgicare Private Limited | ₹15.04 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | New Delhi, Delhi, India |
| Mextech Technologies India Private Limited | ₹15.04 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
| De Healthcare Private Limited | ₹15.04 Cr (FY 2018) | •••• | •••• | -43.0% | •••• | Chennai, Tamil Nadu, India |
| Panshul Multitrade Private Limited this company | ₹15.01 Cr (FY 2024) | •••• | •••• | 101.0% | •••• | Ahmedabad, Gujarat, India |
| Accure Medical Private Limited | ₹14.97 Cr (FY 2024) | •••• | •••• | -33.0% | •••• | Noida, Uttar Pradesh, India |
| Anand Chemiceutics Private Limited | ₹14.96 Cr (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Pushpanjali Medi India Private Limited | ₹14.93 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Kolkata, West Bengal, India |
| Sataytej Commercial Co Private Limited | ₹14.83 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Kolkata, West Bengal, India |
| Qedic Healthcare Private Limited | ₹14.78 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Panshul Multitrade by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution), 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 Panshul Multitrade Private Limited
Panshul Multitrade Private Limited is audited by NIKHIL S KATRODIYA & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIKHIL S KATRODIYA & CO | 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 Panshul Multitrade Private Limited
Panshul Multitrade has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dindayal Nathulal Agrawal Also directs: Hariom Innovation & Sales Limited Liability Partnership | Director | 01 Aug 2018 | 8 Years 2 Months | Current |
| Keyur Nautambhai Zaveri | Director | 01 Aug 2018 | 8 Years 2 Months | Current |
Ownership and Shareholding of Panshul Multitrade 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 Panshul Multitrade Private Limited
Panshul Multitrade Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Panshul Multitrade Private Limited
Employment history and EPFO contributions of people linked to Panshul Multitrade.
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.
Recent Activity on Panshul Multitrade Private Limited
Panshul Multitrade Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Dindayal Nathulal Agrawal was appointed as Director on 01 Aug 2018.
Credit Ratings, Litigation & Regulatory Alerts for Panshul Multitrade 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 Panshul Multitrade 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 Panshul Multitrade 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 Panshul Multitrade Private Limited
Panshul Multitrade has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCP0025D1Z0 | Gujarat | Active | 11 Sep 2018 |
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 Panshul Multitrade 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 Panshul Multitrade Private Limited
Panshul Multitrade is an active private limited company based in Ahmedabad, Gujarat, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 01 August 2018 (8+ years old) and is registered under CIN U51909GJ2018PTC103489.
Panshul Multitrade reported revenue of ₹15.01 Cr for FY 2024 (up 101% YoY).
Panshul Multitrade has 2 current directors:
- Dindayal Nathulal Agrawal - Director
- Keyur Nautambhai Zaveri - Director
Panshul Multitrade reported a net profit of ₹24.89 Lakh (net margin 1.7%) and EBITDA of ₹37.29 Lakh (EBITDA margin 2.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Panshul Multitrade is 53% over three years and 58% over five years. In the latest year (FY 2024) revenue rose 101%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Panshul Multitrade is 24AAKCP0025D1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Panshul Multitrade is U51909GJ2018PTC103489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panshul Multitrade was incorporated on 01 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Panshul Multitrade by revenue are Trivitech Enterprises Private Limited, Elion Healthcare Private Limited, Shree Vardhmaan Surgicare Private Limited, Mextech Technologies India Private Limited, De Healthcare Private Limited and 5 more, all in the Healthcare industry (Healthcare Equipment Retail and Distribution).
Dindayal Nathulal Agrawal was appointed as Director on 01 Aug 2018. Keyur Nautambhai Zaveri was appointed as Director on 01 Aug 2018.
Yes, Panshul Multitrade is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).