MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0026450
Ak Medical Technology Private Limited
Ak Medical Technology Private Limited - pharma in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.97 Cr
▲ 11881% YoY
Net profit · FY 2024
₹6.96 Cr
Net margin 99.8%
EBITDA · FY 2024
₹6.96 Cr
EBITDA margin 99.8%
Authorised capital
₹3.4 Cr
Registered with MCA
Paid-up capital
₹3.3 Cr
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
28
Provident fund records
Directors on board
2
As per MCA filings
About Ak Medical Technology Private Limited
Data last updated:
Ak Medical Technology Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 27 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85100KA2015PTC080554. Its GSTIN is 29AANCA5016E1ZR (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.4 Cr and a paid-up capital of ₹3.3 Cr. It is led by directors Sneha Ostawal Deshpande and Kartik Sean Deshpande.
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 270 Sachin Towers 1st And 3rd Floor Albert Victor Road 1st Main Chamarajpet, Bangalore, Karnataka, India – 560018.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.97 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.96 Cr (net margin 99.8%) and EBITDA of ₹6.96 Cr (EBITDA margin 99.8%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 11% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SupplyThis. Court records list 11 cases involving the company, including 2 filed by the company and 9 filed against it.
Ak Medical Technology Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0026450). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U85100KA2015PTC080554
Registration Number 080554
Incorporation Date 27 May 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0026450
Recognitions & Rankings of Ak Medical Technology
Contact details
Ak Medical Technology Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address270 Sachin Towers 1st And 3rd Floor Albert Victor Road 1st Main Chamarajpet, Bangalore, Karnataka, India – 560018
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Ak Medical Technology Private Limited, buy the company report.
Comprehensive company report
Ak Medical Technology 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
Ak Medical Technology operates one associated brand: SupplyThis. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hosts a digital marketplace for hospital and healthcare supplies. | supplythis.com |
Business activity
The main business activity of Ak Medical Technology is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
Financials of Ak Medical Technology Private Limited
FY 2024 filings availableAk Medical Technology Private Limited reported revenue of ₹6.97 Cr (up 11881% YoY) for FY 2024.
Revenue · FY 2024
₹6.97 Cr ▲ 11881%
Net profit · FY 2024
₹6.96 Cr margin 99.8%
EBITDA · FY 2024
₹6.96 Cr margin 99.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 61%
5 years · compounded
▼ 11%
EBITDA CAGR growth
3 years · compounded
▲ 73%
5 years · compounded
▲ 31%
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years. 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 | ₹6.96 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.96 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 | 99.8% | ||||
| Net Profit Margin | 99.8% | ||||
| 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 Ak Medical Technology Private Limited, buy the company report.
Board of directors of Ak Medical Technology Private Limited
Ak Medical Technology has 2 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 |
|---|---|---|---|---|
| Sneha Ostawal Deshpande Also directs: Ak Healthcare Private Limited, Med Thinktech Solutions Private Limited, Health Intelvid AI Private Limited and 1 more | Director | 27 May 2015 | 11 Years 5 Months | Current |
| Kartik Sean Deshpande Also directs: Eduwise AI Services Private Limited, Ak Healthcare Private Limited, Med Thinktech Solutions Private Limited and 1 more | Director | 27 May 2015 | 11 Years 5 Months | Current |
Auditor
Ak Medical Technology Private Limited is audited by Mukesh Ram & Co for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mukesh Ram & Co | FY 2021 | 019063S |
Shareholding
The shareholding of Ak Medical Technology Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ak Medical Technology Private Limited, buy the company report.
Legal cases
Ak Medical Technology Private Limited has 11 court cases on record: 2 filed by Ak Medical Technology, 9 filed against it. All cases are disposed.
Total cases
11
Filed by the company
2
Filed against the company
9
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 9 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by HDFC Bank Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. HDFC Bank Limited | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Beemed Pharma Solutions Pvt Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Epimoney Pvt. Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Mahaveer Medisales Pvt Ltd | Disposed |
To see the full case history of Ak Medical Technology 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.
Credit ratings & regulatory alerts
Ak Medical Technology Private Limited was last rated by Brickwork on 21 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 21 Sep 2020 |
To see the full credit ratings and regulatory alerts of Ak Medical Technology Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ak Medical Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ak Medical Technology Private Limited has a workforce of 28 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
Employee growth
-44%
GST
Ak Medical Technology has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCA5016E1ZR | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ak Medical Technology Private Limited, buy the company report.
Recent activity
Ak Medical Technology Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Apoorva Narendra Murkumbi ceased to be Additional Director on 30 Sep 2016.
AGM
Ak Medical Technology Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ak Medical Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Apoorva Narendra Murkumbi ceased to be Additional Director.
Appointed
Kartik Sean Deshpande was appointed as Director.
Appointed
Sneha Ostawal Deshpande was appointed as Director.
Incorporation
27 May 2015
Ak Medical Technology Private Limited was registered on 27 May 2015 with Roc Bangalore & aged 11 years 5 months as per MCA records.
Frequently asked questions
Ak Medical Technology is an active private limited company based in Bangalore, Karnataka, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 27 May 2015 (11+ years old) and is registered under CIN U85100KA2015PTC080554.
Ak Medical Technology has 2 current directors:
- Sneha Ostawal Deshpande - Director
- Kartik Sean Deshpande - Director
The latest financial statements of Ak Medical Technology 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 FY 2016 are in the company report.
The GSTIN of Ak Medical Technology is 29AANCA5016E1ZR, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ak Medical Technology is U85100KA2015PTC080554. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ak Medical Technology has 11 court cases on record: 2 filed by the company and 9 filed against it.
Ak Medical Technology was incorporated on 27 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Apoorva Narendra Murkumbi ceased to be Additional Director on 30 Sep 2016. Kartik Sean Deshpande was appointed as Director on 27 May 2015. Sneha Ostawal Deshpande was appointed as Director on 27 May 2015.
Yes, Ak Medical Technology is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0026450).
The registered office of Ak Medical Technology is at 270 Sachin Towers 1st And 3rd Floor Albert Victor Road 1st Main Chamarajpet, Bangalore, Karnataka, India – 560018.