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Cygnet Meditech Private Limited - energy and power in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.99 Cr
▲ 7% YoY
Net profit · FY 2025
₹30.65 Lakh
Net margin 7.7%
EBITDA · FY 2025
₹56.4 Lakh
EBITDA margin 14.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹3.35 Cr
Satisfied ₹70 Lakh
Company age
10 yrs
Est. 2016
Directors on board
4
As per MCA filings
About Cygnet Meditech Private Limited
Data last updated:
Cygnet Meditech Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the power epc segment of the energy and power sector. It was incorporated on 08 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33301GJ2016PTC094627. Its GSTIN is 24AAGCG6349F1ZM (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Anjana Mayank Darji and Devang Mayankbhai Darji.
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 Blk No.50 Riddhi Siddhi Nagar Ajwa Road, Vadodara, Gujarat, India – 390019.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.99 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹30.65 Lakh (net margin 7.7%) and EBITDA of ₹56.4 Lakh (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 30% over five years.
As per MCA filings, the company has open charges of ₹3.35 Cr and satisfied charges of ₹70 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Cygnet Meditech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0020361). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cygnetmeditech.com.
Company details
CIN U33301GJ2016PTC094627
Registration Number 094627
Incorporation Date 08 December 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0020361
Key People
Dhruvang Mayankbhai Darji Additional Director Anjana Mayank Darji Director Devang Mayankbhai Darji Director Recognitions & Rankings of Cygnet Meditech
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0020361
Contact details
Cygnet Meditech Private Limited's registered office is in Vadodara, Gujarat. Its website is cygnetmeditech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlk No.50 Riddhi Siddhi Nagar Ajwa Road, Vadodara, Gujarat, India – 390019
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Cygnet Meditech Private Limited, buy the company report.
Comprehensive company report
Cygnet Meditech 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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Business activity
The main business activity of Cygnet Meditech is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Cygnet Meditech Private Limited, buy the company report.
Financials of Cygnet Meditech Private Limited
FY 2025 filings availableCygnet Meditech Private Limited reported revenue of ₹3.99 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹3.99 Cr ▲ 7%
Net profit · FY 2025
₹30.65 Lakh margin 7.7%
EBITDA · FY 2025
₹56.4 Lakh margin 14.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 35%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 17%
5 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 7% growth in the latest year. EBITDA rose 19% 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 |
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| Total Expenses | |||||
| EBITDA | ₹56.4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.65 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.1% | ||||
| Net Profit Margin | 7.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Cygnet Meditech Private Limited, buy the company report.
Board of directors of Cygnet Meditech Private Limited
Cygnet Meditech has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhruvang Mayankbhai Darji | Additional Director | 26 Jun 2023 | 3 Years 3 Months | Current |
| Anjana Mayank Darji | Director | 07 Mar 2017 | 9 Years 7 Months | Current |
| Devang Mayankbhai Darji | Director | 08 Dec 2016 | 9 Years 10 Months | Current |
| Mayankbhai Ramanlal Darji | Director | 08 Dec 2016 | 9 Years 10 Months | Current |
Auditor
Cygnet Meditech Private Limited is audited by PRAKASH CHANDRA JAIN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAKASH CHANDRA JAIN & CO | FY 2021 | 002438C |
Shareholding
The shareholding of Cygnet Meditech Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2018 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Cygnet Meditech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.35 Cr
Satisfied charges
₹70 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2025 | 101210921 | Indian Bank | ₹35 Lakh | Open | |
| 12 Dec 2025 | 101210925 | Indian Bank | ₹3 Cr | Open | |
| 26 Sep 2017 | 100128838 | Indian Bank | ₹70 Lakh | Satisfied |
To see the full charge records of Cygnet Meditech Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Cygnet Meditech Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed against the company | Pending |
To see the full case history of Cygnet Meditech Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cygnet Meditech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cygnet Meditech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCG6349F1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cygnet Meditech Private Limited, buy the company report.
Recent activity
Cygnet Meditech Private Limited has 4 board changes on record since 2016: 4 appointments. The latest: Dhruvang Mayankbhai Darji was appointed as Additional Director on 26 Jun 2023.
Charges
A charge with Indian Bank amounted to Rs. 35.00 Lakh with Charge ID 101210921 was registered on 12 Dec 2025.
Charges
A charge with Indian Bank amounted to Rs. 300.00 Lakh with Charge ID 101210925 was registered on 12 Dec 2025.
Charges
A charge registered on 26 Sep 2017 via Charge ID 100128838 with Indian Bank was fully satisfied on 12 Dec 2025.
AGM
Cygnet Meditech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Cygnet Meditech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Dhruvang Mayankbhai Darji was appointed as Additional Director.
Charges
A charge with Indian Bank amounted to Rs. 70.00 Lakh with Charge ID 100128838 was registered on 26 Sep 2017.
Appointed
Anjana Mayank Darji was appointed as Director.
Appointed
Devang Mayankbhai Darji was appointed as Director.
Appointed
Mayankbhai Ramanlal Darji was appointed as Director.
Incorporation
08 Dec 2016
Cygnet Meditech Private Limited was registered on 08 Dec 2016 with Roc Ahmedabad & aged 9 years 10 months as per MCA records.
Frequently asked questions
Cygnet Meditech is an active private limited company based in Vadodara, Gujarat, India. The company works in power epc, within the energy and power industry. It was incorporated on 08 December 2016 (10+ years old) and is registered under CIN U33301GJ2016PTC094627.
Cygnet Meditech has 4 current directors:
- Dhruvang Mayankbhai Darji - Additional Director
- Anjana Mayank Darji - Director
- Devang Mayankbhai Darji - Director
- Mayankbhai Ramanlal Darji - Director
The latest financial statements of Cygnet Meditech 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 2017 are in the company report.
The GSTIN of Cygnet Meditech is 24AAGCG6349F1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Cygnet Meditech is U33301GJ2016PTC094627. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cygnet Meditech has 1 court case on record: 1 filed against it. 1 is pending.
Cygnet Meditech was incorporated on 08 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dhruvang Mayankbhai Darji was appointed as Additional Director on 26 Jun 2023. Anjana Mayank Darji was appointed as Director on 07 Mar 2017. Devang Mayankbhai Darji was appointed as Director on 08 Dec 2016. Cygnet Meditech has 4 board changes on record in total.
Yes, Cygnet Meditech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Cygnet Meditech is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0020361).