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Adflo Medtech Private Limited - healthcare in Mohali, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹44.19 Lakh
▲ 458% YoY
Net profit · FY 2025
₹26.23 Lakh
Net margin 59.3%
EBITDA · FY 2025
₹37.61 Lakh
EBITDA margin 85.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.54 Cr
Satisfied ₹1.54 Cr
Company age
6 yrs
Est. 2020
Directors on board
4
As per MCA filings
About Adflo Medtech Private Limited
Data last updated:
Adflo Medtech Private Limited is a private limited company based in Mohali, Punjab, India, recognised as a startup by DPIIT. It operates in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 15 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U33112PB2020PTC051383. Its GSTIN is 03AATCA6888L1ZU (Punjab).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Adflo Medtech Priavte Limited. It is led by directors including Aasif Iqbal Choudhry (Whole-Time Director) and Vinita Grover.
Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hm – 22 Phase – 2 Sas Nagar, Mohali, Punjab, India – 160055.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.19 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹26.23 Lakh (net margin 59.3%) and EBITDA of ₹37.61 Lakh (EBITDA margin 85.1%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years.
As per MCA filings, the company has open charges of ₹1.54 Cr and satisfied charges of ₹1.54 Cr on record.
Adflo Medtech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0001516). For more details, the company can be reached via its website adflomedtech.com.
Company Details of Adflo Medtech Private Limited
CIN U33112PB2020PTC051383
Registration Number 051383
Incorporation Date 15 July 2020
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 02 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-PB-20-0001516
Key People
Aasif Iqbal Choudhry Whole-Time Director Vinita Grover Director Monika Choudhary Director Recognitions & Rankings of Adflo Medtech
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-20-0001516
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressHm – 22 Phase – 2 Sas Nagar, Mohali, Punjab, India – 160055
- IndustryHealthcare, Medical Consumables & Supplies
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Business Activity of Adflo Medtech Private Limited
The main business activity of Adflo Medtech is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
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Turnover share and past changes in activity are in the company report.
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Financials of Adflo Medtech Private Limited FY 2025 filings available
Adflo Medtech Private Limited reported revenue of ₹44.19 Lakh (up 458% YoY) for FY 2025.
Revenue · FY 2025
₹44.19 Lakh ▲ 458%
Net profit · FY 2025
₹26.23 Lakh margin 59.3%
EBITDA · FY 2025
₹37.61 Lakh margin 85.1%
Compounded Annual Growth Rate (CAGR) of Adflo Medtech Private Limited
Revenue CAGR growth
1 year
▲ 458%
3 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▲ 435%
3 years · compounded
▲ 49%
Revenue rose 458% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 21%. EBITDA rose 435% 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 Adflo Medtech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹37.61 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹26.23 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 Adflo Medtech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 85.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 59.3% | •••• | •••• | •••• | •••• |
| 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 Adflo Medtech are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
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Board of Directors of Adflo Medtech Private Limited
Adflo Medtech has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinita Grover | Director | 15 Jul 2020 | 6 Years 3 Months | Current |
| Monika Choudhary | Director | 15 Jul 2020 | 6 Years 3 Months | Current |
| Aasif Iqbal Choudhry | Whole-Time Director | 07 Aug 2020 | 6 Years 2 Months | Current |
| Atiquer Rahman Choudhary | Director | 15 Jul 2020 | 6 Years 3 Months | Current |
Peer Comparison of Adflo Medtech Private Limited
Adflo Medtech Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Medical Consumables). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Persapien Innovations Private Limited | ₹48.05 Lakh (FY 2024) | •••• | •••• | -65.0% | •••• | Delhi, India |
| Digiflex (India) Limited | ₹47.77 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Surgimart Surgical India Private Limited | ₹45.18 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Gorakhpur, Uttar Pradesh, India |
| Caladrius Medical Private Limited | ₹44.69 Lakh (FY 2025) | •••• | •••• | -62.0% | •••• | Vapi, Gujarat, India |
| Virogene Lifesciences Private Limited | ₹44.31 Lakh (FY 2025) | •••• | •••• | 622.0% | •••• | Gurugram, Haryana, India |
| Adflo Medtech Private Limited this company | ₹44.19 Lakh (FY 2025) | •••• | •••• | 458.0% | •••• | Mohali, Punjab, India |
| Add-Life Human Care Private Limited | ₹43.99 Lakh (FY 2025) | •••• | •••• | 67.0% | •••• | Lucknow, Uttar Pradesh, India |
| Association of Diagnostics Manufacturers of India | ₹43.79 Lakh (FY 2025) | •••• | •••• | 107.0% | •••• | Navsari, Gujarat, India |
| Proteco Surgical Private Limited | ₹43.56 Lakh (FY 2025) | •••• | •••• | -74.0% | •••• | Ernakulam, Kerala, India |
| Mediclue Surgical and Disposable Private Limited | ₹43.17 Lakh (FY 2025) | •••• | •••• | 37.0% | •••• | Ahmedabad, Gujarat, India |
| Blaze Hygienic Devices Private Limited | ₹42.4 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Ernakulam, Kerala, India |
Peers are the five companies nearest above and the five nearest below Adflo Medtech by revenue in the Healthcare industry (Medical Consumables), 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 Adflo Medtech Private Limited
Adflo Medtech Private Limited is audited by SHIV K GUPTA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHIV K GUPTA & ASSOCIATES | Locked | Locked | Locked |
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Ownership and Shareholding of Adflo Medtech Private Limited
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Charges & Borrowings of Adflo Medtech Private Limited
Open charges
₹1.54 Cr
Satisfied charges
₹1.54 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 May 2021 | Others | ₹4.27 Lakh | Satisfied |
| 16 Oct 2020 | Hdfc Bank Limited | ₹1.5 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Adflo Medtech Private Limited
Adflo Medtech Private Limited has a workforce of 0 employees as of Apr 01, 2024.
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Adflo Medtech Private Limited
Adflo Medtech Private Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Aasif Iqbal Choudhry ceased to be Director on 01 Sep 2020.
AGM
Adflo Medtech Private Limited last Annual general meeting of members was held on 02 Sep 2025 as per latest MCA records.
Filing
Adflo Medtech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge registered on 16 Oct 2020 via Charge ID 100382001 with Hdfc Bank Limited was fully satisfied on 19 Mar 2025.
Charges
A charge registered on 17 May 2021 via Charge ID 100448827 with Others was fully satisfied on 19 Feb 2025.
Charges
A charge with Others amounted to Rs. 4.27 Lakh with Charge ID 100448827 was registered on 17 May 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 100382001 was registered on 16 Oct 2020.
Ceased
Aasif Iqbal Choudhry ceased to be Director.
Appointed
Aasif Iqbal Choudhry was appointed as Whole-Time Director.
Appointed
Atiquer Rahman Choudhary was appointed as Director.
Appointed
Monika Choudhary was appointed as Director.
Appointed
Vinita Grover was appointed as Director.
Incorporation
15 Jul 2020
Adflo Medtech Private Limited was registered on 15 Jul 2020 with Roc Chandigarh & aged 6 years 3 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Adflo Medtech Private Limited
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MSME Payment Delays by Adflo Medtech Private Limited
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Subsidiaries & Group Companies of Adflo Medtech Private Limited
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GST Compliance of Adflo Medtech Private Limited
Adflo Medtech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AATCA6888L1ZU | Punjab | Active | 07 Aug 2020 |
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MCA Filings & Documents of Adflo Medtech Private Limited
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Frequently Asked Questions about Adflo Medtech Private Limited
Adflo Medtech is an active private limited company based in Mohali, Punjab, India. The company works in medical consumables and supplies, within the healthcare industry. It was incorporated on 15 July 2020 (6+ years old) and is registered under CIN U33112PB2020PTC051383.
Adflo Medtech reported revenue of ₹44.19 Lakh for FY 2025 (up 458% YoY).
Adflo Medtech has 4 current directors:
- Aasif Iqbal Choudhry - Whole-Time Director
- Vinita Grover - Director
- Monika Choudhary - Director
- Atiquer Rahman Choudhary - Director
Adflo Medtech reported a net profit of ₹26.23 Lakh (net margin 59.3%) and EBITDA of ₹37.61 Lakh (EBITDA margin 85.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Adflo Medtech is -21% over three years. In the latest year (FY 2025) revenue rose 458%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Adflo Medtech is 03AATCA6888L1ZU, registered in Punjab.
The CIN (Corporate Identification Number) of Adflo Medtech is U33112PB2020PTC051383. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adflo Medtech was incorporated on 15 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Adflo Medtech by revenue are Persapien Innovations Private Limited, Digiflex (India) Limited, Surgimart Surgical India Private Limited, Caladrius Medical Private Limited, Virogene Lifesciences Private Limited and 5 more, all in the Healthcare industry (Medical Consumables).
Aasif Iqbal Choudhry ceased to be Director on 01 Sep 2020. Aasif Iqbal Choudhry was appointed as Whole-Time Director on 07 Aug 2020. Atiquer Rahman Choudhary was appointed as Director on 15 Jul 2020. Adflo Medtech has 5 board changes on record in total.
Yes, Adflo Medtech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).