MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0000163
Apollo CVHF Limited - healthcare in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹34.4 Cr
▲ 6% YoY
Net loss · FY 2025
₹53.31 Lakh
Net margin -1.5%
EBITDA · FY 2025
₹8.81 Cr
EBITDA margin 25.6%
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹15 Cr
Issued & subscribed
Open charges
₹31.83 Cr
Satisfied ₹37 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
113
Provident fund records
About Apollo CVHF Limited
Data last updated:
Apollo CVHF Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Apollo Hospitals International Limited. It operates in the cardiology clinics and heart care segment of the healthcare sector. It was incorporated on 15 March 2016 and has been in existence for over 10 years.
Its director Preetha Reddy and family are #655 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2016PLC086449. Its GSTIN is 24AAOCA2699A1ZP (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹15 Cr. It is led by directors including Amitabha Banerjee and Rajiv Indravadan Modi.
Its last annual general meeting (AGM) was held on 27 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 1A Bhat GIDC Estate Bhat Gandhinagar, Ahmedabad, Gujarat, India – 382428.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.4 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹53.31 Lakh (net margin -1.5%) and EBITDA of ₹8.81 Cr (EBITDA margin 25.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 20% over five years.
The company has about 113 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹31.83 Cr and satisfied charges of ₹37 Cr on record. The company has 6 deals on record (3 secondary share transfers, 2 rights issues, 1 acquisition); the latest was in March 2019. Its 7 peer companies in the Healthcare industry (Cardiology Care), with the same principal business activity (hospital activities) are compared by revenue, 3 larger and 4 smaller; the largest is Kerudi Healthcare Private Limited with revenue of ₹43.72 Cr.
Apollo CVHF Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0000163). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website apollocvhf.com.
Company details
CIN U74140GJ2016PLC086449
Registration Number 086449
Incorporation Date 15 March 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Parent Company Apollo Hospitals International Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0000163
Recognitions & Rankings of Apollo CVHF
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #655 Preetha Reddy & family ₹4,900 Cr
Contact details
Apollo CVHF Limited's registered office is in Ahmedabad, Gujarat. Its website is apollocvhf.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 1A Bhat GIDC Estate Bhat Gandhinagar, Ahmedabad, Gujarat, India – 382428
- IndustryHealthcare, Cardiology Clinics & Heart Care
To see the full contact details of Apollo CVHF Limited, buy the company report.
Comprehensive company report
Apollo CVHF 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
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Business activity
The main business activity of Apollo CVHF is hospital and medical care. In detail, this covers hospital activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q1 | Hospital activities |
To see the full business activity and turnover split of Apollo CVHF Limited, buy the company report.
Financials of Apollo CVHF Limited
FY 2025 filings availableApollo CVHF Limited reported revenue of ₹34.4 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹34.4 Cr ▲ 6%
Net loss · FY 2025
₹53.31 Lakh margin -1.5%
EBITDA · FY 2025
₹8.81 Cr margin 25.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 4%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▼ 1%
5 years · compounded
▲ 37%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 6% growth in the latest year. EBITDA rose 2% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
| Other Income | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹8.81 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹53.31 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.6% | ||||
| Net Profit Margin | -1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Apollo CVHF Limited, buy the company report.
Board of directors of Apollo CVHF Limited
Apollo CVHF has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amitabha Banerjee Also directs: Irm Energy Limited, Apollo Hospitals International Limited, CPL Holdings LLP and 5 more | Director | 15 Mar 2016 | 10 Years 7 Months | Current |
| Rajiv Indravadan Modi Also directs: Irm Energy Limited, Apollo Hospitals International Limited, CPL Holdings LLP and 5 more | Director | 15 Mar 2016 | 10 Years 7 Months | Current |
| Preetha Reddy Also directs: Irm Energy Limited, Apollo Hospitals Enterprise Limited, Larsen and Toubro Limited and 5 more | Director | 15 Mar 2016 | 10 Years 7 Months | Current |
| Akhileswaran Krishnan Also directs: Kerala First Health Services Private Limited, Apollo Hospitals International Limited, Apollo Hospitals North Limited and 5 more | Director | 15 Mar 2016 | 10 Years 7 Months | Current |
| Sameer Indravadan Dani Also directs: Advanced Cardiovascular Care Private Limited | Director | 29 Aug 2016 | 10 Years 2 Months | Current |
Peer comparison
Apollo CVHF Limited is compared with the 7 companies closest to it by revenue in the Healthcare industry (Cardiology Care), with the same principal business activity (hospital activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kerudi Healthcare Private Limited | ₹43.72 Cr (FY 2024) | 19.0% | Bagalkot, Karnataka, India | |||
| Dr. Godboles' Heart-Care Centre Private Limited | ₹42.17 Cr (FY 2025) | 24.0% | Thane, Maharashtra, India | |||
| Jabalpur Hospital & Research Centre Pvt Ltd. | ₹40.13 Cr (FY 2024) | 6.0% | Madhya Pradesh, India | |||
| Apollo CVHF Limitedthis company | ₹34.4 Cr (FY 2025) | -₹53.31 Lakh | -1.5% | 6.0% | 113 | Ahmedabad, Gujarat, India |
| Garg Heart Centre and Nursing Home Private Limited | ₹31.36 Cr (FY 2025) | 49.0% | Delhi, India | |||
| Chopda Medicare and Research Centre Private Limited | ₹29.79 Cr (FY 2024) | 14.0% | Nashik, Maharashtra, India | |||
| Star Pinnacle Heart Centre Private Limited | ₹25.64 Cr (FY 2025) | -19.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Artemis Cardiac Care Private Limited | ₹23.94 Cr (FY 2025) | -29.0% | Delhi, India |
To see the full peer comparison of Apollo CVHF Limited, buy the company report.
Auditor
Apollo CVHF Limited is audited by RAMANLAL G.SHAH & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMANLAL G.SHAH & CO | FY 2022 | 108517W |
Shareholding
The shareholding of Apollo CVHF 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 Apollo CVHF Limited, buy the company report.
Charges & borrowings
Open charges
₹31.83 Cr
Satisfied charges
₹37 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2025 | 101166181 | Axis Bank Limited | ₹4.59 Cr | Open | |
| 30 Sep 2022 | 100620406 | Hdfc Bank Limited | ₹27.24 Cr | Open | |
| 07 Sep 2018 | 100225973 | Yes Bank Limited | ₹37 Cr | Satisfied |
To see the full charge records of Apollo CVHF Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Apollo CVHF Limited has 6 deals on record (3 secondary share transfers, 2 rights issues, 1 acquisition); the latest was in March 2019.
Total deals
6
Secondary share transfers
3
Rights issues
2
Acquisition
1
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2018 | Rights issue | ₹5.03 Cr | Investors: Apollo Hospitals International Limited |
| Aug 2017 | Rights issue | ₹15 Cr | Investors: Apollo Hospitals International Limited |
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: Advanced Cardiovascular Care Private Limited , 2 individuals Seller: Apollo Hospitals International Limited |
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: Advanced Cardiovascular Care Private Limited Seller: Apollo Hospitals International Limited |
| Mar 2016 | Acquisition | ₹10 Cr | Buyer: Apollo Hospitals International Limited |
To see the full deal history of Apollo CVHF Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Apollo CVHF Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Apollo CVHF Limited was last rated by Crisil on 17 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 17 Oct 2019 |
To see the full credit ratings and regulatory alerts of Apollo CVHF Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Apollo CVHF Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Apollo CVHF Limited has a workforce of 113 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
113
Active EPFO establishments
1
Employee growth
-8.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 113 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 |
To see the full employee and EPFO history of Apollo CVHF Limited, buy the company report.
GST
Apollo CVHF has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCA2699A1ZP | Gujarat | Active | 01 Jul 2017 |
| 24AAOCA2699A2ZO | Gujarat | Active | 19 Nov 2018 |
To see the full GST registrations and return filing status of Apollo CVHF Limited, buy the company report.
Recent activity
Apollo CVHF Limited has 6 board changes on record since 2016: 5 appointments and 1 cessation. The latest: Sameer Indravadan Dani ceased to be Additional Director on 29 Dec 2017.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.59 Cr with Charge ID 101166181 was registered on 15 Sep 2025.
AGM
Apollo Cvhf Limited last Annual general meeting of members was held on 27 Aug 2025 as per latest MCA records.
Filing
Apollo Cvhf Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 07 Sep 2018 via Charge ID 100225973 with Yes Bank Limited was fully satisfied on 13 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 27.24 Cr with Charge ID 100620406 was registered on 30 Sep 2022.
Charges
A charge with Yes Bank Limited of Rs. 37.00 Cr registered on 07 Sep 2018 with Charge ID 100225973 was modified on 25 Nov 2019.
Charges
A charge with Yes Bank Limited amounted to Rs. 37.00 Cr with Charge ID 100225973 was registered on 07 Sep 2018.
Ceased
Sameer Indravadan Dani ceased to be Additional Director.
Appointed
Sameer Indravadan Dani was appointed as Director.
Appointed
Akhileswaran Krishnan was appointed as Director.
Appointed
Amitabha Banerjee was appointed as Director.
Appointed
Preetha Reddy was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Apollo CVHF is an active public limited company based in Ahmedabad, Gujarat, India. The company works in cardiology clinics and heart care, within the healthcare industry. It was incorporated on 15 March 2016 (10+ years old) and is registered under CIN U74140GJ2016PLC086449.
Apollo CVHF has 5 current directors:
- Amitabha Banerjee - Director
- Rajiv Indravadan Modi - Director
- Preetha Reddy - Director
- Akhileswaran Krishnan - Director
- Sameer Indravadan Dani - Director
The latest financial statements of Apollo CVHF on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 August 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Apollo CVHF is 24AAOCA2699A1ZP, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAOCA2699A2ZO (Gujarat).
The CIN (Corporate Identification Number) of Apollo CVHF is U74140GJ2016PLC086449. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apollo CVHF was incorporated on 15 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Apollo CVHF has 6 deals on record (3 secondary share transfers, 2 rights issues, 1 acquisition); the latest was in March 2019.
The peers of Apollo CVHF by revenue are Kerudi Healthcare Private Limited, Dr. Godboles' Heart-Care Centre Private Limited, Jabalpur Hospital & Research Centre Pvt Ltd, Garg Heart Centre and Nursing Home Private Limited, Chopda Medicare and Research Centre Private Limited and 2 more, all in the Healthcare industry (Cardiology Care), with the same principal business activity (hospital activities).
Sameer Indravadan Dani ceased to be Additional Director on 29 Dec 2017. Sameer Indravadan Dani was appointed as Director on 29 Aug 2016. Akhileswaran Krishnan was appointed as Director on 15 Mar 2016. Apollo CVHF has 6 board changes on record in total.
Yes, Apollo CVHF is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0000163).
Apollo CVHF can be reached through the website apollocvhf.com. Its registered office is in Ahmedabad, Gujarat, India.
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