- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-23-0014178

Decent Medical Equipment Systems Private Limited
About Decent Medical Equipment Systems Private Limited
Data last updated:
Decent Medical Equipment Systems Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 27 May 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U33110MP2014PTC032701. Its GSTIN is 23AAFCD0400K1Z9 (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2.34 Lakh. It is led by directors including Vikas Patidar and Ram Milan.
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 519 M.R. 5 Mahalaxmi Nagar, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2025, the company reported a revenue of ₹98.24 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.66 Cr (net margin 1.7%) and EBITDA of ₹2.8 Cr (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 31% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.55 Cr and satisfied charges of ₹6 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
Decent Medical Equipment Systems Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0014178). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Decent Medical Equipment Systems
Contact details
Decent Medical Equipment Systems Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address519 M.R. 5 Mahalaxmi Nagar, Indore, Madhya Pradesh, India – 452010
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Decent Medical Equipment Systems Private Limited, buy the company report.
- 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
Business activity
The main business activities of Decent Medical Equipment Systems are trade and hospital and medical care. In detail, this covers wholesale trading and other hospital and medical care activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Decent Medical Equipment Systems Private Limited, buy the company report.
Financials of Decent Medical Equipment Systems Private Limited
FY 2025 filings availableDecent Medical Equipment Systems Private Limited reported revenue of ₹98.24 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 21% growth in the latest year. EBITDA rose 7% 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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| EBITDA | ₹2.8 Cr | ||||
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| Net Profit (PAT) | ₹1.66 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Decent Medical Equipment Systems Private Limited, buy the company report.
Board of directors of Decent Medical Equipment Systems Private Limited
Decent Medical Equipment Systems has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anoop Singh Yadav Also directs: Nucleon Medical Equipments Private Limited | Additional Director | 28 Jun 2019 | 7 Years 4 Months | Current |
| Vikas Patidar Also directs: Ecstatic Welfare Foundation, Essential Infratech LLP, Vigilant Hospital and Research LLP and 2 more | Director | 27 May 2014 | 12 Years 5 Months | Current |
| Ram Milan | Director | 01 Aug 2019 | 7 Years 3 Months | Current |
| Arvind Upadhyay Also directs: Vigilant Healthcare Private Limited | Director | 01 Aug 2019 | 7 Years 3 Months | Current |
Peer comparison
Decent Medical Equipment Systems Private Limited is compared with the 5 companies closest to it by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Esaote Asia Pacific Diagnostic Private Limited | ₹103.01 Cr (FY 2024) | 49.0% | New Delhi, Delhi, India | |||
| Charles River Laboratories India Private Limited | ₹99.82 Cr (FY 2025) | 15.0% | Bangalore, Karnataka, India | |||
| Vishal Surgical Equipment Company Private Limited | ₹98.88 Cr (FY 2025) | 144.0% | Chennai, Tamil Nadu, India | |||
| Decent Medical Equipment Systems Private Limitedthis company | ₹98.24 Cr (FY 2025) | ₹1.66 Cr | 1.7% | 21.0% | 11 | Indore, Madhya Pradesh, India |
| Jignesh Agency Private Limited | ₹98.17 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| CMR Surgical India Private Limited | ₹95.31 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Decent Medical Equipment Systems Private Limited, buy the company report.
Auditor
Decent Medical Equipment Systems Private Limited is audited by Sdr & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sdr & Co. | FY 2023 | 020895C |
Shareholding
The shareholding of Decent Medical Equipment Systems 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Decent Medical Equipment Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Oct 2019 | 100297171 | Bank of India | ₹13.4 Cr | Open | |
| 25 Jan 2017 | 100093436 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 15 Feb 2016 | 10623658 | Bank of India | ₹3 Lakh | Satisfied | |
| 24 Dec 2015 | 10614102 | Bank of India | ₹3 Lakh | Satisfied |
To see the full charge records of Decent Medical Equipment Systems Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Decent Medical Equipment Systems Private Limited has 1 court case on record: 1 filed by Decent Medical Equipment Systems. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Madhya Pradesh Public Health Services Corporation Ltd. and 1 other | Disposed |
To see the full case history of Decent Medical Equipment Systems 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 Decent Medical Equipment Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Decent Medical Equipment Systems Private Limited has a workforce of 11 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Decent Medical Equipment Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAFCD0400K1Z9 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Decent Medical Equipment Systems Private Limited, buy the company report.
Recent activity
Decent Medical Equipment Systems Private Limited has 8 board changes on record since 2014: 4 appointments and 4 cessations. The latest: Naina Devi ceased to be Director on 31 Mar 2021.
7 earlier events are in the company report.
Frequently asked questions
Decent Medical Equipment Systems is an active private limited company based in Indore, Madhya Pradesh, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 27 May 2014 (12+ years old) and is registered under CIN U33110MP2014PTC032701.
Decent Medical Equipment Systems has 4 current directors:
- Anoop Singh Yadav - Additional Director
- Vikas Patidar - Director
- Ram Milan - Director
- Arvind Upadhyay - Director
The latest financial statements of Decent Medical Equipment Systems 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 Decent Medical Equipment Systems is 23AAFCD0400K1Z9, registered in Madhya Pradesh. 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 Decent Medical Equipment Systems is U33110MP2014PTC032701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Decent Medical Equipment Systems has 1 court case on record: 1 filed by the company.
Decent Medical Equipment Systems was incorporated on 27 May 2014, making it 12+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Decent Medical Equipment Systems by revenue are Esaote Asia Pacific Diagnostic Private Limited, Charles River Laboratories India Private Limited, Vishal Surgical Equipment Company Private Limited, Jignesh Agency Private Limited, CMR Surgical India Private Limited, all in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Naina Devi ceased to be Director on 31 Mar 2021. Arvind Upadhyay was appointed as Director on 01 Aug 2019. Ram Milan was appointed as Director on 01 Aug 2019. Decent Medical Equipment Systems has 8 board changes on record in total.
Yes, Decent Medical Equipment Systems is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-23-0014178).
The registered office of Decent Medical Equipment Systems is at 519 M.R. 5 Mahalaxmi Nagar, Indore, Madhya Pradesh, India – 452010.

