Fortune MNC 500 India 2026 edition
Rank#452- Total income
- ₹394 Cr
- Profit
- ₹10 Cr
Last year #458
Sivantos India Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹387.2 Cr
▲ 42% YoY
Net profit · FY 2024
₹9.92 Cr
Net margin 2.6%
EBITDA · FY 2024
₹15.26 Cr
EBITDA margin 3.9%
Authorised capital
₹16 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Company age
28 yrs
Est. 1998
Employees · EPFO
190
Provident fund records
Directors on board
5
As per MCA filings
About Sivantos India Private Limited
Data last updated:
Sivantos India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Sivantos Gmbh. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 13 February 1998 and has been in existence for over 28 years.
Sivantos India is ranked #452 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85190KA1998PTC023380. Its GSTIN is 29AACCS0638P1ZV (Karnataka). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹16 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Siemens Hearing Instruements Private Limited. It is led by directors including Avinash Ashokrao Pawar (Managing Director) and Ajay Gupta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹387.2 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹9.92 Cr (net margin 2.6%) and EBITDA of ₹15.26 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 19% over five years.
The company has about 190 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sivantos. Court records list 33 cases involving the company, including 33 filed by the company; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website signia.net.
Company details
CIN U85190KA1998PTC023380
Registration Number 023380
Incorporation Date 13 February 1998
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Sivantos Gmbh
Compliance Status Active Compliant
CIN history
Sivantos India has one previous CIN (Corporate Identification Number): U85110KA1998PTC023380. The current CIN is U85190KA1998PTC023380, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85190KA1998PTC023380 | Current |
| U85110KA1998PTC023380 | Previous |
Key People
Avinash Ashokrao Pawar Managing Director Ajay Gupta Director Mohan Narasimha Swamy Director Recognitions & Rankings of Sivantos India
Contact details
Sivantos India Private Limited's registered office is in Bangalore, Karnataka. Its website is signia.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSattva Knowledge Court Ground Floor Wing A – Office 1 Plot No. 9, Doddenakkundi I Phase Industrial Area Doddenakkundi Village K. R. Puram, Bangalore, Karnataka, India – 560048
- IndustryHealthcare, HealthTech & Medical Tech Solutions
To see the full contact details of Sivantos India Private Limited, buy the company report.
Comprehensive company report
Sivantos 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
Brands
Sivantos India operates one associated brand: Sivantos. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hearing aid systems and accessories are developed for professionals. | sivantos.com |
Business activity
The main business activity of Sivantos India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Sivantos India Private Limited, buy the company report.
Financials of Sivantos India Private Limited
FY 2024 filings availableSivantos India Private Limited reported revenue of ₹387.2 Cr (up 42% YoY) for FY 2024.
Revenue · FY 2024
₹387.2 Cr ▲ 42%
Net profit · FY 2024
₹9.92 Cr margin 2.6%
EBITDA · FY 2024
₹15.26 Cr margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 36%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 264%
3 years · compounded
▲ 34%
5 years · compounded
▲ 40%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 42% growth in the latest year. EBITDA rose 264% 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 |
|---|---|---|---|---|---|
| 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 | ₹15.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.92 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Sivantos India Private Limited, buy the company report.
Board of directors of Sivantos India Private Limited
Sivantos India has 5 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Ashokrao Pawar Also directs: Soundrise Hearing Solutions Private Limited | Managing Director | 30 Jun 2017 | 9 Years 3 Months | Current |
| Ajay Gupta | Director | 18 Mar 2020 | 6 Years 7 Months | Current |
| Mohan Narasimha Swamy | Director | 14 Jan 2020 | 6 Years 9 Months | Current |
| Melarcode Viswanathan Gowrishankar | Director | 28 Nov 2019 | 6 Years 10 Months | Current |
| Saket Jain | Additional Director | 11 Feb 2025 | 1 Years 8 Months | Current |
Auditor
Sivantos India Private Limited is audited by Deloitte Haskins & Sells for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2023 | 008072S |
Shareholding
The shareholding of Sivantos 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sivantos India Private Limited, buy the company report.
Legal cases
Sivantos India Private Limited has 33 court cases on record: 33 filed by Sivantos India. 6 cases are pending and 27 are disposed.
Total cases
33
Filed by the company
33
Pending
6
Disposed
27
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 0 | 6 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Yash Pharma Surgico | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Sivantos India Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sivantos India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sivantos India Private Limited has a workforce of 190 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
190
Active EPFO establishments
1
Employee growth
58.33%
GST
Sivantos India has 6 GST registrations: 4 active and 2 cancelled or inactive.
Total GSTINs
6
Active
4
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS0638P1ZV | Karnataka | Active | 01 Jul 2017 |
| 27AACCS0638P1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 19AACCS0638P1ZW | West Bengal | Active | 23 Jul 2017 |
| 07AACCS0638P1Z1 | Delhi | Active | 26 Jul 2017 |
To see the full GST registrations and return filing status of Sivantos India Private Limited, buy the company report.
Recent activity
Sivantos India Private Limited has 23 board changes on record since 2007: 5 appointments and 18 cessations. The latest: Saket Jain was appointed as Additional Director on 11 Feb 2025.
Appointed
Saket Jain was appointed as Additional Director.
AGM
Sivantos India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sivantos India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Ajay Gupta ceased to be Additional Director.
Ceased
Melarcode Viswanathan Gowrishankar ceased to be Additional Director.
Ceased
Mohan Narasimha Swamy ceased to be Additional Director.
Appointed
Ajay Gupta was appointed as Director.
Ceased
Kiran Narayana Rao ceased to be Director.
Appointed
Mohan Narasimha Swamy was appointed as Director.
Appointed
Melarcode Viswanathan Gowrishankar was appointed as Director.
Ceased
Vijayan Warrior ceased to be Director.
Ceased
Avinash Ashokrao Pawar ceased to be Director.
14 earlier events are in the company report.
News
Frequently asked questions
Sivantos India is an active private limited company based in Bangalore, Karnataka, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 13 February 1998 (28+ years old) and is registered under CIN U85190KA1998PTC023380.
Sivantos India has 5 current directors:
- Avinash Ashokrao Pawar - Managing Director
- Ajay Gupta - Director
- Mohan Narasimha Swamy - Director
- Melarcode Viswanathan Gowrishankar - Director
- Saket Jain - Additional Director
The latest financial statements of Sivantos India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sivantos India is 29AACCS0638P1ZV, registered in Karnataka. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 27AACCS0638P1ZZ (Maharashtra), 19AACCS0638P1ZW (West Bengal), 07AACCS0638P1Z1 (Delhi).
The CIN (Corporate Identification Number) of Sivantos India is U85190KA1998PTC023380. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sivantos India has 33 court cases on record: 33 filed by the company. 6 are pending. Most are in the district courts.
Sivantos India was incorporated on 13 February 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.
Saket Jain was appointed as Additional Director on 11 Feb 2025. Ajay Gupta ceased to be Additional Director on 30 Dec 2020. Melarcode Viswanathan Gowrishankar ceased to be Additional Director on 30 Dec 2020. Sivantos India has 23 board changes on record in total.
Sivantos India can be reached through the website signia.net. Its registered office is in Bangalore, Karnataka, India.
The registered office of Sivantos India is at Sattva Knowledge Court Ground Floor Wing A – Office 1 Plot No. 9, Doddenakkundi I Phase Industrial Area Doddenakkundi Village K. R. Puram, Bangalore, Karnataka, India – 560048.