About Piltover Technologies Private Limited
Data last updated:
Piltover Technologies Private Limited is a private limited company based in Kozhikode, Kerala, India, recognised as a startup by DPIIT. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 07 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2015PTC039293.
The company has an authorised share capital of ₹13.5 Lakh and a paid-up capital of ₹9.93 Lakh. It is led by directors Anirudh Vellillath Madathil Kishen and Manan Issar.
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 Room No. 13/507 B – 38 Second Floor Yamuna Arcade Kallai Road, Kozhikode, Kerala, India – 673002.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.55 Lakh. For the same year it recorded a net loss of ₹9.32 Lakh (net margin -43.2%) and EBITDA of -₹8.58 Lakh (EBITDA margin -39.8%). Revenue has grown at a compounded annual rate (CAGR) of 416% over three years and 89% over five years.
The company is associated with 1 brand: Piltover Technologies. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹43.4 Lakh; the latest was in November 2019. Its 10 peer companies in the Healthcare industry (Medical and Laboratory Equipment) are compared by revenue, 5 larger and 5 smaller; the largest is Macea Healthcare Private Limited with revenue of ₹22.2 Lakh. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website piltovertechnologies.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressRoom No. 13/507 B – 38 Second Floor Yamuna Arcade Kallai Road, Kozhikode, Kerala, India – 673002
- IndustryHealthcare, Medical & Laboratory Equipment
- 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 Piltover Technologies Private Limited
The main business activity of Piltover Technologies is professional, scientific and technical. In detail, this covers scientific research and development.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development | 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 Piltover Technologies Private Limited FY 2025 filings available
Piltover Technologies Private Limited reported revenue of ₹21.55 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR) of Piltover Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 89% over five years. EBITDA rose 71% 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 Piltover Technologies 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 | -₹8.58 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9.32 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 Piltover Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -39.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -43.2% | •••• | •••• | •••• | •••• |
| 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 Piltover Technologies are in the company report.
Financial statements from FY 2016
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 Piltover Technologies Private Limited
Piltover Technologies Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Medical and Laboratory Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Macea Healthcare Private Limited | ₹22.2 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | New Delhi, Delhi, India |
| Ingeus Pharma Private Limited | ₹22.18 Lakh (FY 2022) | •••• | •••• | •••• | Andhra Pradesh, India | |
| Manusterr Oespm India Private Limited | ₹21.72 Lakh (FY 2024) | •••• | •••• | 265.0% | •••• | Tal Panhala, Maharashtra, India |
| Aortic Remedies Private Limited | ₹21.68 Lakh (FY 2023) | •••• | •••• | 57923.0% | •••• | Lucknow, Uttar Pradesh, India |
| Phlebot Healthcare Private Limited | ₹21.58 Lakh (FY 2022) | •••• | •••• | 721.0% | •••• | Chennai, Tamil Nadu, India |
| Piltover Technologies Private Limited this company | ₹21.55 Lakh (FY 2024) | •••• | •••• | •••• | Kozhikode, Kerala, India | |
| Unified Solutions Limited | ₹21.49 Lakh (FY 2025) | •••• | •••• | -23.0% | •••• | Kolkata, West Bengal, India |
| Medtra Innovative Technologies Private Limited | ₹21.41 Lakh (FY 2024) | •••• | •••• | 118.0% | •••• | Edappally, Kerala, India |
| Innosurge Medicaments Private Limited | ₹21.39 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | New Delhi, Delhi, India |
| Symbica Private Limited | ₹21.36 Lakh (FY 2025) | •••• | •••• | 689.0% | •••• | Guwahati, Assam, India |
| A and R Healthcare Private Limited | ₹21.09 Lakh (FY 2025) | •••• | •••• | -76.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Piltover Technologies by revenue in the Healthcare industry (Medical and Laboratory Equipment), 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 Piltover Technologies Private Limited
Piltover Technologies Private Limited is audited by A J M & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A J M & 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 Piltover Technologies Private Limited
Piltover Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anirudh Vellillath Madathil Kishen Also directs: Piltover Labs Private Limited, Knowsnack Foundation | Director | 07 Oct 2015 | 11 Years 0 Months | Current |
| Manan Issar | Director | 01 Aug 2016 | 10 Years 2 Months | Current |
Ownership and Shareholding of Piltover Technologies 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 Piltover Technologies Private Limited
Piltover Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Piltover Technologies Private Limited
Piltover Technologies Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹43.4 Lakh; the latest was in November 2019.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2018 | Funding round | ₹30 Lakh | Investors: ThinQbate |
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: ThinQbate, an individual Seller: 2 individuals |
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Full deal history
All 4 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.
MSME Payment Delays by Piltover Technologies Private Limited
Piltover Technologies Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Piltover Technologies Private Limited
Piltover Technologies operates one associated brand: Piltover Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Artificial limbs with self-locking mechanisms are developed for disabled individuals. | piltovertechnologies.com |
Employees and EPFO Compliance at Piltover Technologies Private Limited
Employment history and EPFO contributions of people linked to Piltover Technologies.
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 Piltover Technologies Private Limited
Piltover Technologies Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Vyshnav Balachandran ceased to be Director on 26 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Piltover Technologies 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.
Subsidiaries & Group Companies of Piltover Technologies 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 Piltover Technologies Private Limited
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 Piltover Technologies 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 Piltover Technologies Private Limited
Piltover Technologies is an active private limited company based in Kozhikode, Kerala, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 07 October 2015 (11+ years old) and is registered under CIN U72900KL2015PTC039293.
Piltover Technologies reported revenue of ₹21.55 Lakh for FY 2024.
Piltover Technologies has 2 current directors:
- Anirudh Vellillath Madathil Kishen - Director
- Manan Issar - Director
Piltover Technologies reported a net loss of ₹9.32 Lakh (net margin -43.2%) and EBITDA of -₹8.58 Lakh (EBITDA margin -39.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Piltover Technologies is 416% over three years and 89% over five years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Piltover Technologies is U72900KL2015PTC039293. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piltover Technologies was incorporated on 07 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ernakulam.
Piltover Technologies has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹43.4 Lakh; the latest was in November 2019.
The peers of Piltover Technologies by revenue are Macea Healthcare Private Limited, Ingeus Pharma Private Limited, Manusterr Oespm India Private Limited, Aortic Remedies Private Limited, Phlebot Healthcare Private Limited and 5 more, all in the Healthcare industry (Medical and Laboratory Equipment).
Vyshnav Balachandran ceased to be Director on 26 Jun 2019. Manan Issar was appointed as Director on 01 Aug 2016. Anirudh Vellillath Madathil Kishen was appointed as Director on 07 Oct 2015.
Yes, Piltover Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Piltover Technologies has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 Apr 2021.