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Cortex Products Solution Private Limited - healthcare in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.11 Cr
▲ 164% YoY
Net profit · FY 2025
₹2.85 Lakh
Net margin 0.6%
EBITDA · FY 2025
₹24.82 Lakh
EBITDA margin 4.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹1.99 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Cortex Products Solution Private Limited
Data last updated:
Cortex Products Solution Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 23 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33119GJ2019PTC110039. Its GSTIN is 24AAICC3932E1ZZ (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Ravindra Rameshbhai Radadiya and Abhishek Dakubhai Sardhara.
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 Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.11 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.85 Lakh (net margin 0.6%) and EBITDA of ₹24.82 Lakh (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 29% over five years.
The company is associated with 1 brand: Cortex Products. As per MCA filings, the company has open charges of ₹1.99 Cr on record.
Cortex Products Solution Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0157383). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cortexindia.com.
Company details
CIN U33119GJ2019PTC110039
Registration Number 110039
Incorporation Date 23 September 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0157383
Key People
Ravindra Rameshbhai Radadiya Director Abhishek Dakubhai Sardhara Director Akashkumar Madhavlal Patel Director Recognitions & Rankings of Cortex Products Solution
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0157383
Contact details
Cortex Products Solution Private Limited's registered office is in Ahmedabad, Gujarat. Its website is cortexindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShed No 1 Plot No 537 Span Arced, Road No. 15 Kathwada GIDC, Ahmedabad, Gujarat, India – 382415
- IndustryHealthcare, Medical Consumables & Supplies
To see the full contact details of Cortex Products Solution Private Limited, buy the company report.
Comprehensive company report
Cortex Products Solution 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
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Brands
Cortex Products Solution operates one associated brand: Cortex Products. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of surgical disposables and hygiene products in the healthcare sector. | cortexindia.com |
Business activity
The main business activity of Cortex Products Solution is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Cortex Products Solution Private Limited, buy the company report.
Financials of Cortex Products Solution Private Limited
FY 2024 filings availableCortex Products Solution Private Limited reported revenue of ₹5.11 Cr (up 164% YoY) for FY 2025.
Revenue · FY 2025
₹5.11 Cr ▲ 164%
Net profit · FY 2025
₹2.85 Lakh margin 0.6%
EBITDA · FY 2025
₹24.82 Lakh margin 4.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 164%
3 years · compounded
▲ 20%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▲ 154%
3 years · compounded
▲ 57%
5 years · compounded
▲ 73%
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 164% growth in the latest year. EBITDA rose 154% 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
| 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 | ₹24.82 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.85 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 Cortex Products Solution Private Limited, buy the company report.
Board of directors of Cortex Products Solution Private Limited
Cortex Products Solution has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Rameshbhai Radadiya Also directs: Zepomart Etail Private Limited, Z Plus Disposable Private Limited | Director | 23 Sep 2019 | 7 Years 1 Months | Current |
| Abhishek Dakubhai Sardhara | Director | 23 Sep 2019 | 7 Years 1 Months | Current |
| Akashkumar Madhavlal Patel | Director | 25 Sep 2020 | 6 Years 1 Months | Current |
Auditor
Cortex Products Solution Private Limited is audited by NPKU & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NPKU & Associates | FY 2023 | 127079W |
Shareholding
The shareholding of Cortex Products Solution Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Cortex Products Solution Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.99 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2024 | 101036866 | The Kalupur Commercial Co-Operative Bank Limited | ₹6.77 Lakh | Open | |
| 15 Jun 2023 | 100759233 | The Kalupur Commercial Co-Operative Bank Limited | ₹41.9 Lakh | Open | |
| 01 Jun 2022 | 100578934 | The Kalupur Commercial Co-Operative Bank Limited | ₹1.5 Cr | Open |
To see the full charge records of Cortex Products Solution Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Cortex Products Solution Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cortex Products Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cortex Products Solution has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICC3932E1ZZ | Gujarat | Active | 23 Sep 2019 |
To see the full GST registrations and return filing status of Cortex Products Solution Private Limited, buy the company report.
Recent activity
Cortex Products Solution Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Akashkumar Madhavlal Patel ceased to be Additional Director on 31 Dec 2020.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited of Rs. 150.00 Lakh registered on 01 Jun 2022 with Charge ID 100578934 was modified on 10 Oct 2025.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 6.77 Lakh with Charge ID 101036866 was registered on 31 Dec 2024.
AGM
Cortex Products Solution Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Cortex Products Solution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 41.90 Lakh with Charge ID 100759233 was registered on 15 Jun 2023.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 100578934 was registered on 01 Jun 2022.
Ceased
Akashkumar Madhavlal Patel ceased to be Additional Director.
Appointed
Akashkumar Madhavlal Patel was appointed as Director.
Ceased
Madhavlal Patel ceased to be Director.
Appointed
Abhishek Dakubhai Sardhara was appointed as Director.
Appointed
Ravindra Rameshbhai Radadiya was appointed as Director.
Incorporation
23 Sep 2019
Cortex Products Solution Private Limited was registered on 23 Sep 2019 with Roc Ahmedabad & aged 7 years 1 month as per MCA records.
Frequently asked questions
Cortex Products Solution is an active private limited company based in Ahmedabad, Gujarat, India. The company works in medical consumables and supplies, within the healthcare industry. It was incorporated on 23 September 2019 (7+ years old) and is registered under CIN U33119GJ2019PTC110039.
Cortex Products Solution has 3 current directors:
- Ravindra Rameshbhai Radadiya - Director
- Abhishek Dakubhai Sardhara - Director
- Akashkumar Madhavlal Patel - Director
The latest financial statements of Cortex Products Solution 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 FY 2020 are in the company report.
The GSTIN of Cortex Products Solution is 24AAICC3932E1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Cortex Products Solution is U33119GJ2019PTC110039. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cortex Products Solution was incorporated on 23 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Akashkumar Madhavlal Patel ceased to be Additional Director on 31 Dec 2020. Akashkumar Madhavlal Patel was appointed as Director on 25 Sep 2020. Madhavlal Patel ceased to be Director on 25 Sep 2020. Cortex Products Solution has 5 board changes on record in total.
Yes, Cortex Products Solution is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Cortex Products Solution is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0157383).
Cortex Products Solution can be reached through the website cortexindia.com. Its registered office is in Ahmedabad, Gujarat, India.
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