Quality Needles

Noida, India Founded: 1984 • Age: 42 yrs Acquired By Healthium Medtech
Surgical suture needles are manufactured for diverse medical procedures.

About Quality Needles

Quality Needles is a Healthcare company based in Noida (India) founded in 1984, and was acquired by Healthium Medtech in March 2017. Surgical suture needles are manufactured for diverse medical procedures. The company has 821 employees. Its chief executive, as recorded, is Vivek Singh. Its Indian entity Quality Needles Private Limited reported revenue of β‚Ή331 Cr. Its focus areas include Traditional Medical Devices and Surgical Devices.

Company details

Quality Needles was established in 1984 in Noida, India, as a manufacturer in the medical devices sector. A broad assortment of surgical suture needles is produced for specialized uses, including ophthalmic procedures, cosmetic surgery, cardiovascular interventions, endoscopy, neurosurgery, and sternum closures. Operations focus on precision engineering to meet clinical requirements across these fields.

  • Headquarters Noida, India
  • Employees 821
  • Stage Acquired
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website qualityneedles.com
  • Social LinkedIn
  • Acquired by Healthium Medtech (Mar 2017)
  • Legal Name Quality Needles Private Limited
  • Date of Incorporation 15 Mar, 1984
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹331 Cr

    FY 2025 · +3% YoY

  • Net Profit
    ₹110 Cr

    FY 2025 · 33% margin

  • EBITDA
    ₹165 Cr

    FY 2025 · 50% margin

  • Investors
  • Employee Count
    821
  • Acquired by

Investors in Quality Needles

Quality Needles has secured backing from 1 investor. Prominent investors backing the company include Healthium Medtech.

All
InvestorDescriptionFounded YearDomainLocation
Medical surgical consumables including sutures and anti-microbial gloves are manufactured.
1992healthiummedtech.comBengaluru, India
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Investor details for Quality Needles

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Board of directors of Quality Needles Private Limited (Quality Needles)

Quality Needles Private Limited is the primary company behind Quality Needles. The board of Quality Needles Private Limited currently have 3 directors; the longest-serving is Sudeep Dhariwal, appointed in 2024. 18 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sudeep Dhariwal
DIN 03493746
Director06 Sep 20242 yrs 1 moQuality Needles Private Limited
Bhanu Shivakumar Javaregowda
DIN 11137815
Director16 Jun 20251 yr 4 moQuality Needles Private Limited
Rajnish Damani
DIN 03155312
Director07 Aug 20251 yr 2 moQuality Needles Private Limited

People of Quality Needles

12 people are tracked at Quality Needles (1 in leadership, 11 in team); the tracked headcount is 821.

NameRoleGroup
CEOLeadership
Vicky Mandal
Summer InternshipTeam
Shubham Sharma
Assistant ManagerTeam
Manish Kumar
EngineerTeam
Ramjee Goel
Environment, Health And Safety OfficerTeam
Rohit Goyal
Assistant Manager - QA & RATeam
Sandeep Singh
Engineer-iTeam
Aparna Gupta
Manager QA And ComplianceTeam
Bhanu Prakash
Information Technology OfficerTeam
Himanshu Mahur
Maintenance EngineerTeam
Anshu Tyagi
Sr. EngineerTeam
Pankaj Pokhriyal
Account Executive OfficerTeam
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Financials of Quality Needles

Figures of Quality Needles Private Limited, the primary company behind Quality Needles, for FY 2025. Revenue was ₹331 Cr (+3% year on year). Net profit was ₹110 Cr (33% margin). EBITDA was ₹165 Cr (50% margin). Revenue has grown at a compounded annual rate of +22% over three years and +17% over five years.

  • ₹331 CrRevenue · FY 2025 · +3% YoY
  • ₹110 CrNet profit · 33% margin
  • ₹165 CrEBITDA · 50% margin
  • ₹52.1 LakhPaid-up capital
  • 821Employees (provident fund records)
  • +22%Revenue CAGR, 3 years
  • +17%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Quality Needles Private Limited are on its company page.

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Detailed financial statements for Quality Needles

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  • Downloads

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Timeline of Quality Needles

2 dated milestones of Quality Needles across 33 years, from founding to its latest funding, stage changes and deals.

  1. Founded Quality Needles is founded.
  2. Exit Acquired by Healthium Medtech.

Top companies in Traditional Diagnostics & Medical Devices

2 companies that operate in the same segment as Quality Needles (Traditional Diagnostics & Medical Devices) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Medical surgical consumables including sutures and anti-microbial gloves are manufactured.
1992Bengaluru, Karnataka, IndiaUSD 7.14 K39
Manufacturer of medical equipments
1967Bengaluru, Karnataka, IndiaUSD 58.9 MUSD 98.65 M578
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Frequently Asked Questions about Quality Needles

Quality Needles was founded in 1984.

Quality Needles is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Vivek Singh is the CEO of Quality Needles, as recorded in our data.

Quality Needles has 821 employees.

The primary company behind Quality Needles, Quality Needles Private Limited, reported revenue of β‚Ή331 Cr for FY 2025, up 3% year on year.

Quality Needles was established in 1984 in Noida, India, as a manufacturer in the medical devices sector. A broad assortment of surgical suture needles is produced for specialized uses, including ophthalmic procedures, cosmetic surgery, cardiovascular interventions, endoscopy, neurosurgery, and sternum closures. Operations focus on precision engineering to meet clinical requirements across these fields.

Quality Needles has 1 investor. Key investors include Healthium Medtech.

Quality Needles operates through Quality Needles Private Limited.

Yes. Quality Needles was acquired by Healthium Medtech in March 2017.

The legal entities of Quality Needles currently have 3 directors, including Rajnish Damani, Sudeep Dhariwal, Bhanu Shivakumar Javaregowda.

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