Boston Scientific India Private Limited

Boston Scientific India Private Limited - healthcare in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U33119DL2003FTC121242 Incorporated 09 July 2003 ROC Delhi HQ New Delhi, Delhi, India
Active Foreign Private Limited Company healthcare Fortune MNC 500 · #370
Data last updated
Revenue · FY 2025
₹1,028.46 Cr
▲ 14% YoY
Net profit · FY 2025
₹21.44 Cr
Net margin 2.1%
EBITDA · FY 2025
₹73.41 Cr
EBITDA margin 7.1%
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹28.23 Cr
Issued & subscribed
Company age
23 yrs
Est. 2003
Employees · EPFO
304
Provident fund records
Directors on board
2
As per MCA filings

About Boston Scientific India Private Limited

Data last updated:

Boston Scientific India Private Limited is a foreign private limited company based in New Delhi, Delhi, India, a subsidiary of Boston Scientific International B.V.. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 09 July 2003 and has been in existence for over 23 years.

Boston Scientific India is ranked #370 on the Fortune MNC 500 India (2026).

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U33119DL2003FTC121242. Its GSTIN is 07AABCG9446Q1ZW (Delhi). The company holds 11 GST registrations, of which 7 are active.

The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹28.23 Cr. It was formerly known as Guidant India Private Limited. It is led by directors Madan Rohinikrishnan (Managing Director) and Deepak Khamesra.

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 Unit No. 304 3rd Floor Chiranjiv Tower 43 Nehru Place, New Delhi 110019, Delhi, India – 110019.

As per the financials filed for FY 2025, the company reported a revenue of ₹1,028.46 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹21.44 Cr (net margin 2.1%) and EBITDA of ₹73.41 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 24% over five years.

The company has about 304 employees on its provident fund (EPFO) records.

Court records list 19 cases involving the company, including 9 filed by the company and 10 filed against it; 2 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹28 Cr; the latest was in May 2011. Its 5 peer companies in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 3 smaller; the largest is Rajasthan Medical Services Corporation Limited with revenue of ₹1,534.1 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 238 overdue payments to 33 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bostonscientific.com.

Company details

CIN U33119DL2003FTC121242
Registration Number 121242
Incorporation Date 09 July 2003
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Boston Scientific International B.V.
Compliance Status Active Compliant

CIN history

Boston Scientific India has one previous CIN (Corporate Identification Number): U33119DL2003PTC121242. The current CIN is U33119DL2003FTC121242, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U33119DL2003FTC121242Current
U33119DL2003PTC121242Previous

Recognitions & Rankings of Boston Scientific India

Fortune MNC 500 India 2026 edition
Rank#370
Total income
₹938 Cr
Profit
₹28 Cr
Last year #358

Contact details

Boston Scientific India Private Limited's registered office is in New Delhi, Delhi. Its website is bostonscientific.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Unit No. 304 3rd Floor Chiranjiv Tower 43 Nehru Place, New Delhi 110019, Delhi, India – 110019
  • Industry
    Healthcare, Medical Equipment Retail & Distribution

To see the full contact details of Boston Scientific India Private Limited, buy the company report.

Comprehensive company report
Boston Scientific 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

Business activity

The main business activity of Boston Scientific India is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Boston Scientific India Private Limited, buy the company report.

Financials of Boston Scientific India Private Limited

FY 2024 filings available

Boston Scientific India Private Limited reported revenue of ₹1,028.46 Cr (up 14% YoY) for FY 2025.

Revenue · FY 2025
₹1,028.46 Cr ▲ 14%
Net profit · FY 2025
₹21.44 Cr margin 2.1%
EBITDA · FY 2025
₹73.41 Cr margin 7.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 33%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 42%
5 years · compounded
▲ 40%

Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 14% growth in the latest year. EBITDA rose 27% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹73.41 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹21.44 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.1%
Net Profit Margin2.1%
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 Boston Scientific India Private Limited, buy the company report.

Board of directors of Boston Scientific India Private Limited

Boston Scientific India has 2 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Deepak KhamesraDirector04 Feb 20215 Years 9 MonthsCurrent
Madan RohinikrishnanManaging Director01 Feb 20242 Years 9 MonthsCurrent

Peer comparison

Boston Scientific India Private Limited is compared with the 5 companies closest to it by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Rajasthan Medical Services Corporation Limited₹1,534.1 Cr (FY 2023)3.0%Jaipur, Rajasthan, India
Ascent Health and Wellness Solutions Private Limited₹1,310.09 Cr (FY 2019)106.0%Mumbai, Maharashtra, India
Boston Scientific India Private Limitedthis company₹1,028.46 Cr (FY 2025)₹21.44 Cr2.1%14.0%304New Delhi, Delhi, India
St. Jude Medical India Private Limited₹954.79 Cr (FY 2025)10.0%Hyderabad, Telangana, India
DHR Holding India Private Limited₹927.47 Cr (FY 2025)20.0%West New, Delhi, India
Smith & Nephew Healthcare Private Limited₹771.26 Cr (FY 2025)12.0%Mumbai, Maharashtra, India

To see the full peer comparison of Boston Scientific India Private Limited, buy the company report.

Auditor

Boston Scientific India Private Limited is audited by S.R. Batliboi & Co. LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S.R. Batliboi & Co. LLPFY 2023301003E/E300005

Shareholding

The shareholding of Boston Scientific 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Boston Scientific India Private Limited, buy the company report.

Deals & funding

Boston Scientific India Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹28 Cr; the latest was in May 2011.

Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹28 Cr

Deals on record (2 of 2)

WhenDealAmountParties
May 2011Funding round₹28 CrInvestors: Boston Scientific International B V
Jul 2007Secondary share transferUndisclosedBuyer: Boston Scientific International B V, an individual
Seller: Guidant Nederland BV, Guidant Group B V

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Boston Scientific India Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 238 overdue payments to 33 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 33)

SupplierAmount dueDue sinceReported on
Pacific Customs Broker Services Private Limited
an individual supplier
P.M. Relocations Private Limited
Iris Worldwide Integrated Marketing Private Limited
Rekart Innovations Private Limited

To see the full MSME payment records of Boston Scientific India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Boston Scientific India Private Limited has a workforce of 304 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
304
Active EPFO establishments
1
Employee growth
1.3%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27304
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Boston Scientific India Private Limited, buy the company report.

GST

Boston Scientific India has 11 GST registrations: 7 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
11
Active
7
Cancelled / inactive
4
GSTINStateStatusRegistered on
07AABCG9446Q1ZWDelhiActive01 Jul 2017
06AABCG9446Q2ZXHaryanaActive07 Jul 2017
27AABCG9446Q2ZTMaharashtraActive07 Jul 2017
29AABCG9446Q2ZPKarnatakaActive07 Jul 2017

To see the full GST registrations and return filing status of Boston Scientific India Private Limited, buy the company report.

Recent activity

Boston Scientific India Private Limited has 22 board changes on record since 2007: 2 appointments and 20 cessations. The latest: Madan Rohinikrishnan ceased to be Additional Director on 29 Sep 2024.

AGM
Boston Scientific India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Madan Rohinikrishnan ceased to be Additional Director.
Filing
Boston Scientific India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Appointed
Madan Rohinikrishnan was appointed as Managing Director.
Ceased
Mark Robert Slicer ceased to be Director.
Ceased
Vance Ronald Brown ceased to be Director.
Ceased
Anumeha Soni ceased to be Company Secretary.
Ceased
Deepak Khamesra ceased to be Additional Director.
Appointed
Deepak Khamesra was appointed as Director.
Ceased
Swadesh Kumar Behera ceased to be Additional Director.
Ceased
Rajiv Kapahi ceased to be Whole-Time Director.
Ceased
Manoj Madhavan ceased to be Additional Director.

13 earlier events are in the company report.

Frequently asked questions

Boston Scientific India is an active foreign private limited company based in New Delhi, Delhi, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 09 July 2003 (23+ years old) and is registered under CIN U33119DL2003FTC121242.

Boston Scientific India has 2 current directors:

The latest financial statements of Boston Scientific 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 Boston Scientific India is 07AABCG9446Q1ZW, registered in Delhi. The company has 11 GST registrations in all, of which 7 are active and 4 are cancelled or inactive. Other active GSTINs include 06AABCG9446Q2ZX (Haryana), 27AABCG9446Q2ZT (Maharashtra), 29AABCG9446Q2ZP (Karnataka).

The CIN (Corporate Identification Number) of Boston Scientific India is U33119DL2003FTC121242. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Boston Scientific India has 19 court cases on record: 9 filed by the company and 10 filed against it. 2 are pending. Most are in the high courts.

Boston Scientific India was incorporated on 09 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.

Boston Scientific India has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹28 Cr; the latest was in May 2011.

The peers of Boston Scientific India by revenue are Rajasthan Medical Services Corporation Limited, Ascent Health and Wellness Solutions Private Limited, St. Jude Medical India Private Limited, DHR Holding India Private Limited, Smith & Nephew Healthcare Private Limited, all in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading).

Madan Rohinikrishnan ceased to be Additional Director on 29 Sep 2024. Madan Rohinikrishnan was appointed as Managing Director on 01 Feb 2024. Mark Robert Slicer ceased to be Director on 31 Mar 2022. Boston Scientific India has 22 board changes on record in total.

Boston Scientific India has 10 MSME Form 1 returns on record between 2019 and 2024, listing 238 overdue payments to 33 micro and small suppliers. The latest return was filed on 30 Apr 2024.

Boston Scientific India can be reached through the website bostonscientific.com. Its registered office is in New Delhi, Delhi, India.