About Carefusion Development Private Limited
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Carefusion Development Private Limited is a private limited company based in Chandigarh, India, a subsidiary of Carefusion 303 Inc.. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 21 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72200CH2004PTC027506. Its GSTIN is 04AACCC4661N2ZJ (Chandigarh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Ashish Sood and Deepak Malhotra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at DLF I T Park Tower D Level2 Kishangarh, Chandigarh, India – 160101.
As per the financials filed for FY 2025, the company reported a revenue of ₹77.9 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net profit of ₹12.84 Cr (net margin 16.5%) and EBITDA of ₹19.77 Cr (EBITDA margin 25.4%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 2% over five years.
The company has about 510 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website carefusion.com.
- EmailLocked
- TelephoneLocked
- Website
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- Registered AddressDLF I T Park Tower D Level2 Kishangarh, Chandigarh, India – 160101
- IndustryHealthcare, HealthTech & Medical Tech Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Carefusion Development Private Limited
The main business activity of Carefusion Development is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Carefusion Development Private Limited FY 2025 filings available
Carefusion Development Private Limited reported revenue of ₹77.9 Cr (down 49% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Carefusion Development Private Limited
Revenue fell 49% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 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 of Carefusion Development 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 | ₹19.77 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.84 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 of Carefusion Development Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16.5% | •••• | •••• | •••• | •••• |
| 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 Carefusion Development are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Carefusion Development Private Limited
Carefusion Development Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Healthcare Technology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zoomrx Healthcare Technology Solutions Private Limited | ₹89.1 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Chennai, Tamil Nadu, India |
| Redkenko Health Tech Private Limited | ₹87.19 Cr (FY 2023) | •••• | •••• | 1691.0% | •••• | Mumbai, Maharashtra, India |
| Castlight Health India Private Limited | ₹87.08 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Hyderabad, Telangana, India |
| Quest Diagnostics Htas India Private Limited | ₹78.7 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Hyderabad, Telangana, India |
| Sekhmet Technologies Private Limited | ₹78.09 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Gurgaon, Haryana, India |
| Carefusion Development Private Limited this company | ₹77.9 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | Chandigarh, India |
| LS Devices Private Limited | ₹74.02 Cr (FY 2025) | •••• | •••• | 163.0% | •••• | Bangalore, Karnataka, India |
| Hospido Private Limited | ₹72.34 Cr (FY 2024) | •••• | •••• | 704.0% | •••• | New Delhi, Delhi, India |
| Bioquest Solutions Private Limited | ₹70.73 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| KHC Healthcare India Private Limited | ₹70.15 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Arietis Healthtech International Private Limited | ₹69.43 Cr (FY 2025) | •••• | •••• | 130.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Carefusion Development by revenue in the Healthcare industry (Healthcare Technology), 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 Carefusion Development Private Limited
Carefusion Development Private Limited is audited by S.R. BATLIBOI & Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. BATLIBOI & Co. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Carefusion Development Private Limited
Carefusion Development has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Sood | Director | 23 Jan 2019 | 7 Years 8 Months | Current |
| Deepak Malhotra | Director | 28 Aug 2024 | 2 Years 1 Months | Current |
| Alec Joel Ginggen | Director | 28 Aug 2024 | 2 Years 1 Months | Current |
Ownership and Shareholding of Carefusion Development Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Carefusion Development Private Limited
Carefusion Development Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Carefusion Development Private Limited
Carefusion Development Private Limited has a workforce of 510 employees as of Mar 29, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Carefusion Development Private Limited
Carefusion Development Private Limited has 13 board changes on record since 2010: 3 appointments and 10 cessations. The latest: Bachaspati Mayum Umakanta Sharma ceased to be Director on 21 Feb 2025.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Carefusion Development Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Carefusion Development Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Carefusion Development Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Carefusion Development Private Limited
Carefusion Development has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AACCC4661N2ZJ | Chandigarh | Active | 31 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Carefusion Development Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Carefusion Development Private Limited
Carefusion Development is an active private limited company based in Chandigarh, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 21 September 2004 (22+ years old) and is registered under CIN U72200CH2004PTC027506.
Carefusion Development reported revenue of ₹77.9 Cr for FY 2025 (down 49% YoY).
Carefusion Development has 3 current directors:
- Ashish Sood - Director
- Deepak Malhotra - Director
- Alec Joel Ginggen - Director
Carefusion Development reported a net profit of ₹12.84 Cr (net margin 16.5%) and EBITDA of ₹19.77 Cr (EBITDA margin 25.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Carefusion Development is -10% over three years and 2% over five years. In the latest year (FY 2025) revenue fell 49%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Carefusion Development is 04AACCC4661N2ZJ, registered in Chandigarh. 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 Carefusion Development is U72200CH2004PTC027506. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Carefusion Development was incorporated on 21 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Carefusion Development by revenue are Zoomrx Healthcare Technology Solutions Private Limited, Redkenko Health Tech Private Limited, Castlight Health India Private Limited, Quest Diagnostics Htas India Private Limited, Sekhmet Technologies Private Limited and 5 more, all in the Healthcare industry (Healthcare Technology).
Bachaspati Mayum Umakanta Sharma ceased to be Director on 21 Feb 2025. Alec Joel Ginggen was appointed as Director on 28 Aug 2024. Deepak Malhotra was appointed as Director on 28 Aug 2024. Carefusion Development has 13 board changes on record in total.
Carefusion Development can be reached through the website carefusion.com. Its registered office is in Chandigarh, India.