Choksi Asia Limited - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L71200MH1992PLC388063 Incorporated 01 October 1992 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 530427 Public Limited Company healthcare MSME · Small
Data last updated
Market Cap
₹110 Cr
CHOKSI · BSE
Share Price
₹193.30
0.00% today
Revenue
₹49.31 Cr
FY 2025-26 · +33.3% YoY
EBITDA
₹6.79 Cr
Margin 13.8%
Net Profit
₹5.33 Cr
FY 2025-26 · +71.4% YoY
P/E (TTM)
23.4x
P/B 3.3x
ROE
15.6%
ROCE 18.5%
Debt / Equity
0.08
Interest cover 6.4x

About Choksi Asia Limited

Data last updated:

Choksi Asia Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 01 October 1992 and has been in existence for over 34 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L71200MH1992PLC388063. Its GSTIN is 27AABCS5708D1ZK (Maharashtra). The company holds 5 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 530427.

The company has an authorised share capital of ₹15.01 Cr and a paid-up capital of ₹11.09 Cr. It was formerly known as Selvas Photographics Limited. It is led by directors including Samir Kanubhai Choksi (Managing Director) and Tushar Madhuvandas Parikh.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹49.31 Cr, a growth of 33.3% compared to the previous year. For the same year it recorded a net profit of ₹5.33 Cr (net margin 10.8%) and EBITDA of ₹6.79 Cr (EBITDA margin 13.8%). The net worth stands at ₹42.11 Cr (up 14.2% YoY). Total assets are valued at ₹44.03 Cr (up 5.7% YoY).

The company has about 4 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Choksi Imaging. As per MCA filings, the company has open charges of ₹11.53 Cr and satisfied charges of ₹6 Cr on record. Court records list 20 cases involving the company, including 18 filed by the company and 2 filed against it; 1 case is pending. The company has 65 deals on record (65 market trades); the latest was in April 2026.

Choksi Asia Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0010307). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website choksiworld.com.

Company details

CIN L71200MH1992PLC388063
Registration Number 388063
Incorporation Date 01 October 1992
ROC Mumbai
Listing Status Listed - Listed on BSE (530427)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0010307

Name history

Choksi Asia has undergone 2 name changes throughout its history. The company was previously known as Selvas Photographics Limited, and Choksi Asia Limited. The current legal name is Choksi Asia Limited.

Company NameStatus
Choksi Asia LimitedCurrent
Selvas Photographics LimitedPrevious

CIN history

Choksi Asia has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L71200MH1992PLC388063, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L71200MH1992PLC388063Current
L24294MH1992PLC068852Previous
L24294DN1992PLC005560Previous
L24294MH1992PLC388063Previous
L71200DN1992PLC005901Previous

Recognitions & Rankings of Choksi Asia

MSME (Udyam registered) Ministry of MSME
Category
Small (2026-27)
Udyam number
UDYAM-MH-18-0010307

Contact details

Choksi Asia Limited's registered office is in Mumbai, Maharashtra. Its website is choksiworld.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    163/164 Choksi Bhuvan, Nehru Road Vile Parle East, Mumbai, Maharashtra, India – 400057
  • Industry
    Healthcare, Medical & Laboratory Equipment

To see the full contact details of Choksi Asia Limited, buy the company report.

Comprehensive company report
Choksi Asia 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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Brands

Choksi Asia operates one associated brand: Choksi Imaging. Each brand links to its own profile.

BrandDescriptionWebsite
Analog x-ray films are manufactured and supplied by Choksi Imaging.choksiworld.com

Financials of Choksi Asia Limited

FY 2025-26 filings available

Choksi Asia Limited reported revenue of ₹49.31 Cr (up 33.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹49.31 Cr
+33.3% YoY
EBITDA
₹6.79 Cr
+78.2% YoY
Profit After Tax
₹5.33 Cr
+71.4% YoY
Net Worth
₹42.11 Cr
+14.2% YoY
Total Assets
₹44.03 Cr
+5.7% YoY
Total Debt
₹1.92 Cr
-59.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue49.3136.9815.990.772.4611.1616.00
Revenue growth+33.3%+131.3%+1976.6%-68.7%-78.0%-30.3%-
EBITDA6.793.81(0.02)(1.44)(1.47)(1.69)(1.41)
EBITDA margin+13.8%+10.3%-0.1%-187.0%-59.8%-15.1%-8.8%
Profit before tax7.504.731.50(0.44)(0.50)2.70(0.52)
Net profit5.333.111.39(0.47)(0.44)1.91(0.55)
Net profit margin+10.8%+8.4%+8.7%-61.0%-17.9%+17.1%-3.4%
EPS (₹)9.365.442.43(1.22)(1.08)4.89(1.42)
Balance sheet
Total assets44.0341.6537.2815.5215.9917.4315.52
Net worth42.1136.8833.4615.5215.9917.4315.52
Total debt1.924.773.820.000.000.000.00
Cash & bank6.5710.0211.794.143.317.338.18
Net working capital26.3825.8520.019.115.889.690.36
Cash flow
Cash from operations0.74(2.87)2.68(2.52)(0.56)(2.82)(2.52)
Cash from investing0.200.631.523.35(2.49)1.96(0.01)
Cash from financing(3.40)(1.20)0.470.00(0.98)0.00(0.24)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9.2211.8612.2613.2911.9012.158.678.42
Revenue growth (YoY)-22.5%-2.4%+41.4%+57.8%+768.6%---
Other income0.290.310.520.290.290.230.820.24
Total expenses7.849.8610.4711.6910.5110.908.967.45
EBITDA1.382.001.791.601.391.25(0.29)0.97
EBITDA margin+15.0%+16.9%+14.6%+12.0%+11.7%+10.3%-3.3%+11.5%
Depreciation0.090.070.050.080.060.040.050.04
Interest0.040.090.090.140.100.090.120.13
Profit before tax1.542.152.171.671.521.350.361.04
Tax0.581.400.030.320.440.630.150.38

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 04 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9.2211.8612.2613.2911.9012.158.678.42
Revenue growth (YoY)-22.5%-2.4%+41.4%+57.8%+768.6%---
Other income0.290.310.520.290.290.230.820.24
Total expenses7.849.8610.4711.6910.5110.908.967.45
EBITDA1.382.001.791.601.391.25(0.29)0.97
EBITDA margin+15.0%+16.9%+14.6%+12.0%+11.7%+10.3%-3.3%+11.5%
Depreciation0.090.070.050.080.060.040.050.04
Interest0.040.090.090.140.100.090.120.13
Profit before tax1.542.152.171.671.521.350.361.04
Tax0.581.400.030.320.440.630.150.38
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue49.3136.9815.990.772.4611.1616.00
Revenue growth+33.3%+131.3%+1976.6%-68.7%-78.0%-30.3%-
Other income1.401.582.101.161.144.581.06
Total expenses42.5233.1716.012.213.9312.8517.41
Employee cost1.351.071.170.310.941.331.67
EBITDA6.793.81(0.02)(1.44)(1.47)(1.69)(1.41)
EBITDA margin+13.8%+10.3%-0.1%-187.0%-59.8%-15.1%-8.8%
Depreciation0.270.180.180.160.170.190.17
Interest0.420.480.400.000.000.000.00
Profit before tax7.504.731.50(0.44)(0.50)2.70(0.52)
Tax2.171.620.110.03(0.06)0.790.03
Net profit5.333.111.39(0.47)(0.44)1.91(0.55)
Net profit margin+10.8%+8.4%+8.7%-61.0%-17.9%+17.1%-3.4%
EPS (₹)9.365.442.43(1.22)(1.08)4.89(1.42)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital11.0911.0911.093.903.903.903.90
Reserves & surplus31.0225.7922.3711.6212.0913.5311.62
Shareholders' funds (net worth)42.1136.8833.4615.5215.9917.4315.52
Secured loans0.303.021.350.000.000.000.00
Unsecured loans1.621.752.470.000.000.000.00
Total debt1.924.773.820.000.000.000.00
Total liabilities44.0341.6537.2815.5215.9917.4315.52
Assets
Gross block17.9616.8816.156.756.756.767.92
Net block16.3915.5714.955.795.956.127.34
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.003.350.786.87
Inventories9.178.865.422.700.340.903.88
Sundry debtors9.468.333.580.380.601.004.72
Cash & bank balances6.5710.0211.794.143.317.338.18
Loans & advances3.833.483.043.212.873.022.98
Total current assets29.0330.6923.8310.437.1212.2519.76
Total current liabilities2.654.843.821.321.242.5619.40
Net working capital26.3825.8520.019.115.889.690.36
Total assets44.0341.6537.2815.5215.9917.4315.52
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash10.0210.435.763.317.338.1810.95
Net cash from operating activities0.74(2.87)2.68(2.52)(0.56)(2.82)(2.52)
Net cash from investing activities0.200.631.523.35(2.49)1.96(0.01)
Net cash from financing activities(3.40)(1.20)0.470.00(0.98)0.00(0.24)
Net change in cash(2.46)(3.43)4.670.83(4.02)(0.85)(2.77)
Closing cash6.5710.0211.794.143.317.338.18
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+33.3%+131.3%+1976.6%-68.7%-78.0%-30.3%-
EBITDA growth+78.2%-+98.6%+2.0%+13.0%-19.9%-
PBT growth+58.6%+215.3%+9998.0%+12.0%-+9998.0%-
Net income growth+71.4%+123.7%+395.7%-6.8%-123.0%+447.3%-
Revenue CAGR (3Y)+300.1%+146.8%+12.7%-63.6%-47.8%-21.5%-16.3%
EBITDA CAGR (3Y)---77.2%+0.7%+50.6%--
Profitability & leverage
Net income margin+10.8%+8.4%+8.7%-61.0%-17.9%+17.1%-3.4%
Return on capital employed+18.5%+13.2%+7.2%-2.9%-2.9%+16.5%-3.4%
Return on net worth+15.6%+10.4%+6.4%-3.1%-2.5%+11.6%-3.5%
Debt / equity0.080.120.080.000.000.000.00
Long-term debt / equity0.040.060.030.000.000.000.00
Interest cover6.4413.22-200.000.000.000.000.00
Efficiency & per share
Fixed asset turnover2.832.241.400.110.361.522.02
Inventory turnover5.475.183.940.513.974.673.31
Debtors turnover5.546.218.081.573.083.903.32
EPS (₹)9.365.442.43(1.22)(1.08)4.89(1.42)
Dividend per share (₹)0.000.000.000.000.002.500.00
Book value per share (₹)64.4055.2449.2339.7941.0144.6939.80

To see the full year-wise statements and ratios of Choksi Asia Limited, buy the company report.

Board of directors and KMP of Choksi Asia Limited

Choksi Asia Limited currently reports 5 directors and 1 key managerial person. 17 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Tushar Madhuvandas ParikhDirector12 Aug 20251 Years 2 MonthsCurrent
Samir Kanubhai ChoksiManaging Director12 Feb 20224 Years 8 MonthsCurrent
Jay Samir ChoksiCfo02 Feb 20233 Years 9 MonthsCurrent
Krishnakumar Ramanlal ParikhDirector01 Sep 20242 Years 2 MonthsCurrent
Shraddha Prajit GandhiDirector14 Nov 20241 Years 11 MonthsCurrent
Brijal Mitesh DesaiDirector06 Jan 20233 Years 9 MonthsCurrent

Auditor

Choksi Asia Limited is audited by KARIA & SHAH for the financial year 2022.

Auditor firmFinancial yearFirm registration number
KARIA & SHAHFY 2022112203W

Shareholding

Shareholding for the quarter ended Mar 2026: promoters hold 71.20%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 28.80%.

Promoters: 71.20%Retail & Others: 28.80%
Mar 2026
QUARTER
71.20% Promoters
28.80% Retail & Others
Promoter holding - history
Now 71.20% · Mar 2026High 71.20% · Sep 2025Low 62.20% · Jun 2025
61%64%67%70%73%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 62.20%Sep 2025: 71.20%Dec 2025: 71.20%Mar 2026: 71.20%71.20%62.20%71.20%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters71.20%71.20%71.20%62.20%
Public28.80%28.80%28.80%37.80%

Charges & borrowings

Open charges
₹11.53 Cr
Satisfied charges
₹6 Cr
Breakdown by lending institutions
Bank of Baroda₹8.14 Cr
Hdfc Bank Limited₹3.39 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Dec 2024101032947Hdfc Bank Limited₹40 LakhOpen
21 Oct 2024100989094Hdfc Bank Limited₹2.99 CrOpen
20 May 199790352554Bank of Baroda₹8.14 CrOpen
19 Jan 200710036686Others₹3 CrSatisfied
19 Jan 200710038811Others₹3 CrSatisfied

To see the full charge records of Choksi Asia Limited, buy the company report.

Total charge records: 5 View all charges

Deals & funding

Choksi Asia Limited has 65 deals on record (65 market trades); the latest was in April 2026.

Total deals
65
Market trades
65

Deals on record (5 of 65)

WhenDealAmountParties
Apr 2026Market trade₹83.7 LakhBuyer: Crony Vyapar Private Limited
Seller: Crony Vyapar Private Limited
Jun 2025Market trade₹24.1 LakhSeller: Valia Brothers Private Limited
Dec 2024Market trade₹23 LakhSeller: Crony Vyapar Private Limited
Dec 2024Market trade₹25.1 LakhBuyer: Crony Vyapar Private Limited
Seller: Crony Vyapar Private Limited
Dec 2024Market trade₹22.2 LakhBuyer: Crony Vyapar Private Limited
Seller: Crony Vyapar Private Limited

To see the full deal history of Choksi Asia Limited, buy the company report.

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

MSME payment delays

No delayed payments to MSME suppliers are on our record for Choksi Asia Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Choksi Asia Limited has a workforce of 4 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
4
Active EPFO establishments
1
Employee growth
-20%

GST

Choksi Asia has 5 GST registrations: 3 active and 2 cancelled or inactive.

Total GSTINs
5
Active
3
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AABCS5708D1ZKMaharashtraActive01 Jul 2017
07AABCS5708D2ZLDelhiActive01 Jul 2017
33AABCS5708D1ZRTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Choksi Asia Limited, buy the company report.

Recent activity

Choksi Asia Limited has 23 board changes on record since 2012: 6 appointments and 17 cessations. The latest: Tushar Madhuvandas Parikh was appointed as Director on 12 Aug 2025.

Filing
Choksi Asia Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai.
AGM
Choksi Asia Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Appointed
Tushar Madhuvandas Parikh was appointed as Director.
Ceased
Shraddha Prajit Gandhi ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 101032947 was registered on 20 Dec 2024.
Appointed
Shraddha Prajit Gandhi was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.99 Cr with Charge ID 100989094 was registered on 21 Oct 2024.
Ceased
Himanshu Vasantlal Kishnadwala ceased to be Director.
Ceased
Tushar Madhuvandas Parikh ceased to be Director.
Ceased
Krishnakumar Ramanlal Parikh ceased to be Additional Director.
Appointed
Krishnakumar Ramanlal Parikh was appointed as Director.
Ceased
Brijal Mitesh Desai ceased to be Additional Director.

24 earlier events are in the company report.

Frequently asked questions

Choksi Asia is an active public limited company based in Mumbai, Maharashtra, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 01 October 1992 (34+ years old) and is registered under CIN L71200MH1992PLC388063. Listed on BSE: 530427.

Choksi Asia reported revenue of ₹49.31 Cr for FY 2025-26 (up 33.3% YoY) based on standalone financials.

Choksi Asia has 6 current directors and KMP:

The latest financial statements of Choksi Asia on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Choksi Asia is 27AABCS5708D1ZK, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 07AABCS5708D2ZL (Delhi), 33AABCS5708D1ZR (Tamil Nadu).

The CIN (Corporate Identification Number) of Choksi Asia is L71200MH1992PLC388063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Choksi Asia is a listed company as per MCA records. Its shares are listed on BSE (code: 530427).

Choksi Asia has 20 court cases on record: 18 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.

Choksi Asia was incorporated on 01 October 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.

Choksi Asia has 65 deals on record (65 market trades); the latest was in April 2026.