Cygnet Medical Private Limited

Cygnet Medical Private Limited - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U51909MH2021PTC366254 Incorporated 24 August 2021 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company healthcare DPIIT Startup MSME
Data last updated
Revenue · FY 2024
₹10.16 Cr
▼ 12% YoY
Net profit · FY 2024
₹47.77 Lakh
Net margin 4.7%
EBITDA · FY 2024
₹64.85 Lakh
EBITDA margin 6.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.5 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings

About Cygnet Medical Private Limited

Data last updated:

Cygnet Medical Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 24 August 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2021PTC366254. Its GSTIN is 27AAJCC9663K1ZZ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Amol Chavan and Megha Amol Chavan.

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 A.37 Royal Industrial Estate Road 5B Naigaon Cross Rd Bekarmarg Wadala West, Mumbai, Maharashtra, India – 400031.

As per the financials filed for FY 2024, the company reported a revenue of ₹10.16 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹47.77 Lakh (net margin 4.7%) and EBITDA of ₹64.85 Lakh (EBITDA margin 6.4%).

As per MCA filings, the company has open charges of ₹2.5 Cr on record.

Cygnet Medical Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0148847).

Company details

CIN U51909MH2021PTC366254
Registration Number 366254
Incorporation Date 24 August 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0148847
Key People
Amol Chavan Director Megha Amol Chavan Director

Recognitions & Rankings of Cygnet Medical

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-19-0148847

Contact details

Cygnet Medical Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    A.37 Royal Industrial Estate Road 5B Naigaon Cross Rd Bekarmarg Wadala West, Mumbai, Maharashtra, India – 400031
  • Industry
    Healthcare, Medical Equipment Retail & Distribution

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

Comprehensive company report
Cygnet 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 Cygnet Medical 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 Cygnet Medical Private Limited, buy the company report.

Financials of Cygnet Medical Private Limited

FY 2025 filings available

Cygnet Medical Private Limited reported revenue of ₹10.16 Cr (down 12% YoY) for FY 2024.

Revenue · FY 2024
₹10.16 Cr ▼ 12%
Net profit · FY 2024
₹47.77 Lakh margin 4.7%
EBITDA · FY 2024
₹64.85 Lakh margin 6.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 12%
EBITDA CAGR growth
1 year
▼ 69%

Revenue fell 12% in the latest year. EBITDA fell 69% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22
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₹64.85 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹47.77 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

MetricsFY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin6.4%
Net Profit Margin4.7%
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 Cygnet Medical Private Limited, buy the company report.

Board of directors of Cygnet Medical Private Limited

Cygnet Medical has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Amol Chavan
Also directs: Pramolraj Healthcare LLP, Etech Solar Systems LLP, Pinnacle Biomed Private Limited and 2 more
Director24 Aug 20215 Years 2 MonthsCurrent
Megha Amol Chavan
Also directs: Pinnacle Biomed Private Limited
Director24 Aug 20215 Years 2 MonthsCurrent
View all directors

Peer comparison

Cygnet Medical Private Limited is compared with the 6 companies closest to it by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution, Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Farmakal Health Care Private Limited₹10.17 Cr (FY 2025)14.0%Indore, Madhya Pradesh, India
Helix Private Limited₹10.17 Cr (FY 2024)-10.0%Bengaluru, Karnataka, India
Chennai Medipoint Private Limited₹10.17 Cr (FY 2024)2.0%Chennai, Tamil Nadu, India
Cygnet Medical Private Limitedthis company₹10.16 Cr (FY 2024)₹47.77 Lakh4.7%-12.0%Mumbai, Maharashtra, India
Biomirra Biogenics Private Limited₹10.14 Cr (FY 2024)20.0%Kozhikode, Kerala, India
Naman Global Impex Private Limited₹10.14 Cr (FY 2024)-49.0%Mumbai, Maharashtra, India
Esscubes Medisiences Private Limited₹10.12 Cr (FY 2024)-15.0%Bangalore, Karnataka, India

To see the full peer comparison of Cygnet Medical Private Limited, buy the company report.

Auditor

Cygnet Medical Private Limited is audited by Manish D. Ladage & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Manish D. Ladage & Co.FY 2023039838

Shareholding

The shareholding of Cygnet Medical Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Charges & borrowings

Open charges
₹2.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹2.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Oct 2024100986857Hdfc Bank Limited₹2.5 CrOpen

Total charge records: 1 View all charges

MSME payment delays

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

Employees & EPFO

Cygnet Medical Private Limited has 1 active EPFO establishment as of Apr 05, 2024.

Active EPFO establishments
1

GST

Cygnet Medical has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAJCC9663K1ZZMaharashtraActive18 Jan 2022

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

Recent activity

Cygnet Medical Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Amol Chavan was appointed as Director on 24 Aug 2021.

AGM
Cygnet Medical Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Cygnet Medical Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 250.00 Lakh with Charge ID 100986857 was registered on 15 Oct 2024.
Appointed
Amol Chavan was appointed as Director.
Appointed
Megha Amol Chavan was appointed as Director.
Incorporation
24 Aug 2021
Cygnet Medical Private Limited was registered on 24 Aug 2021 with Roc Mumbai I & aged 5 years 2 months as per MCA records.

Frequently asked questions

Cygnet Medical is an active private limited company based in Mumbai, Maharashtra, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 24 August 2021 (5+ years old) and is registered under CIN U51909MH2021PTC366254.

Cygnet Medical has 2 current directors:

The latest financial statements of Cygnet 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 FY 2022 are in the company report.

The GSTIN of Cygnet Medical is 27AAJCC9663K1ZZ, registered in Maharashtra. 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 Cygnet Medical is U51909MH2021PTC366254. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Cygnet Medical was incorporated on 24 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Cygnet Medical by revenue are Farmakal Health Care Private Limited, Helix Private Limited, Chennai Medipoint Private Limited, Biomirra Biogenics Private Limited, Naman Global Impex Private Limited and 1 more, all in the Healthcare industry (Healthcare Equipment Retail and Distribution, Pharma Retail and Distribution), with the same principal business activity (wholesale trading).

Amol Chavan was appointed as Director on 24 Aug 2021. Megha Amol Chavan was appointed as Director on 24 Aug 2021.

Yes, Cygnet Medical is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Cygnet Medical is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0148847).

The registered office of Cygnet Medical is at A.37 Royal Industrial Estate Road 5B Naigaon Cross Rd Bekarmarg Wadala West, Mumbai, Maharashtra, India – 400031.