Clarity Medical Private Limited

Clarity Medical Private Limited - healthcare in Mohali, Punjab, India. FY 2026 financials & compliance.
CIN U31909PB2003PTC030683 Incorporated 11 March 2003 ROC Chandigarh HQ Mohali, Punjab, India
Active Private Limited Company healthcare MSME · Small
Revenue · FY 2025
₹48.84 Cr
▲ 30% YoY
Net profit · FY 2025
₹6.17 Cr
Net margin 12.6%
EBITDA · FY 2025
₹9.6 Cr
EBITDA margin 19.7%
Authorised capital
₹90 Lakh
Registered with MCA
Paid-up capital
₹69.8 Lakh
Issued & subscribed
Open charges
₹13.23 Cr
Satisfied ₹74 Lakh
Company age
23 yrs
Est. 2003
Employees · EPFO
89
Provident fund records

About Clarity Medical Private Limited

Data last updated:

Clarity Medical Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 11 March 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U31909PB2003PTC030683. Its GSTIN is 03AACCC1499G1ZV (Punjab).

The company has an authorised share capital of ₹90 Lakh and a paid-up capital of ₹69.8 Lakh. It is led by directors including Navjit Singh Brar and Surinder Pal Singh Rangi.

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 Plot No 1687A Jlpl Industrial Park Sector 82, Mohali, Punjab, India – 160082.

As per the financials filed for FY 2025, the company reported a revenue of ₹48.84 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹6.17 Cr (net margin 12.6%) and EBITDA of ₹9.6 Cr (EBITDA margin 19.7%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 28% over five years.

The company has about 89 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹13.23 Cr and satisfied charges of ₹74 Lakh on record. Court records list 32 cases involving the company, including 31 filed by the company and 1 filed against it; 3 cases are pending.

Clarity Medical Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0008811). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website clarity-medical.com.

Company details

CIN U31909PB2003PTC030683
Registration Number 030683
Incorporation Date 11 March 2003
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-20-0008811

CIN history

Clarity Medical has one previous CIN (Corporate Identification Number): U31909KA2003PTC031692. The current CIN is U31909PB2003PTC030683, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U31909PB2003PTC030683Current
U31909KA2003PTC031692Previous
Key People
Navjit Singh Brar Director Surinder Pal Singh Rangi Director Divesh Sisodia Director

Recognitions & Rankings of Clarity Medical

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-PB-20-0008811

Contact details

Clarity Medical Private Limited's registered office is in Mohali, Punjab. Its website is clarity-medical.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    clarity-medical.com
  • Social Media
  • Registered Address
    Plot No 1687A Jlpl Industrial Park Sector 82, Mohali, Punjab, India – 160082
  • Industry
    Healthcare, Medical & Laboratory Equipment

To see the full contact details of Clarity Medical Private Limited, buy the company report.

Comprehensive company report
Clarity Medical 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 Clarity Medical is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Clarity Medical Private Limited, buy the company report.

Financials of Clarity Medical Private Limited

FY 2025 filings available

Clarity Medical Private Limited reported revenue of ₹48.84 Cr (up 30% YoY) for FY 2025.

Revenue · FY 2025
₹48.84 Cr ▲ 30%
Net profit · FY 2025
₹6.17 Cr margin 12.6%
EBITDA · FY 2025
₹9.6 Cr margin 19.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 7%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 85%
3 years · compounded
▲ 8%
5 years · compounded
▲ 48%

Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 30% growth in the latest year. EBITDA rose 85% 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₹9.6 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.17 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 Margin19.7%
Net Profit Margin12.6%
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 Clarity Medical Private Limited, buy the company report.

Board of directors of Clarity Medical Private Limited

Clarity Medical has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Navjit Singh BrarDirector16 Apr 200719 Years 6 MonthsCurrent
Surinder Pal Singh RangiDirector11 Mar 200323 Years 8 MonthsCurrent
Divesh SisodiaDirector19 Feb 20215 Years 8 MonthsCurrent
View all directors

Auditor

Clarity Medical Private Limited is audited by A.K. KALIA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A.K. KALIA & ASSOCIATESFY 2023006949N

Shareholding

The shareholding of Clarity Medical 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 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Clarity Medical Private Limited, buy the company report.

Charges & borrowings

Open charges
₹13.23 Cr
Satisfied charges
₹74 Lakh
Breakdown by lending institutions
Canara Bank₹12.77 Cr
Axis Bank Limited₹0.46 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 May 2024100968965Canara Bank₹46.5 LakhOpen
08 Dec 2023100870112Canara Bank₹4.1 CrOpen
17 Jun 2023100742023Canara Bank₹11.5 LakhOpen
13 Jan 2022100532431Canara Bank₹8.6 LakhOpen
03 Apr 2021100447965Axis Bank Limited₹46 LakhOpen

To see the full charge records of Clarity Medical Private Limited, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

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

Employees & EPFO

Clarity Medical Private Limited has a workforce of 89 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
89
Active EPFO establishments
1
Employee growth
4.7%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2789
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 Clarity Medical Private Limited, buy the company report.

GST

Clarity Medical has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
03AACCC1499G1ZVPunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Clarity Medical Private Limited, buy the company report.

Recent activity

Clarity Medical Private Limited has 7 board changes on record since 2003: 3 appointments and 4 cessations. The latest: Divesh Sisodia ceased to be Additional Director on 10 Sep 2021.

AGM
Clarity Medical Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Canara Bank of Rs. 410.00 Lakh registered on 08 Dec 2023 with Charge ID 100870112 was modified on 05 Jul 2025.
Filing
Clarity Medical Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Canara Bank amounted to Rs. 46.50 Lakh with Charge ID 100968965 was registered on 31 May 2024.
Charges
A charge with Canara Bank amounted to Rs. 410.00 Lakh with Charge ID 100870112 was registered on 08 Dec 2023.
Charges
A charge with Canara Bank amounted to Rs. 11.50 Lakh with Charge ID 100742023 was registered on 17 Jun 2023.
Charges
A charge with Canara Bank of Rs. 800.00 Lakh registered on 01 Oct 2014 with Charge ID 10532941 was modified on 11 Jan 2023.
Charges
A charge registered on 27 Jul 2020 via Charge ID 100354709 with Sidbi was fully satisfied on 24 Jan 2022.
Charges
A charge with Canara Bank amounted to Rs. 8.60 Lakh with Charge ID 100532431 was registered on 13 Jan 2022.
Ceased
Divesh Sisodia ceased to be Additional Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 46.00 Lakh with Charge ID 100447965 was registered on 03 Apr 2021.
Ceased
Brahamjit Singh ceased to be Director.

10 earlier events are in the company report.

News

Frequently asked questions

Clarity Medical is an active private limited company based in Mohali, Punjab, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 11 March 2003 (23+ years old) and is registered under CIN U31909PB2003PTC030683.

Clarity Medical has 3 current directors:

The latest financial statements of Clarity Medical on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Clarity Medical is 03AACCC1499G1ZV, registered in Punjab.

The CIN (Corporate Identification Number) of Clarity Medical is U31909PB2003PTC030683. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Clarity Medical has 32 court cases on record: 31 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.

Clarity Medical was incorporated on 11 March 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chandigarh.

Divesh Sisodia ceased to be Additional Director on 10 Sep 2021. Brahamjit Singh ceased to be Director on 19 Feb 2021. Divesh Sisodia was appointed as Director on 19 Feb 2021. Clarity Medical has 7 board changes on record in total.

Yes, Clarity Medical is registered as a small enterprise under Udyam registration (number: UDYAM-PB-20-0008811).

Clarity Medical can be reached through the website clarity-medical.com. Its registered office is in Mohali, Punjab, India.