Equitron Medica Private Limited

Equitron Medica Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2018PTC303609 Incorporated 03 January 2018 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2024
₹45 Cr
▲ 20% YoY
Net profit · FY 2024
₹2.08 Cr
Net margin 4.6%
EBITDA · FY 2024
₹4.27 Cr
EBITDA margin 9.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹51.54 Lakh
Issued & subscribed
Open charges
₹8 Cr
Satisfied ₹1.25 Cr
Company age
8 yrs
Est. 2018
Directors on board
4
As per MCA filings

About Equitron Medica Private Limited

Data last updated:

Equitron Medica Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial testing and measurement equipment segment of the machinery and industrial equipment sector. It was incorporated on 03 January 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC303609. Its GSTIN is 27AAECE8994N1ZO (Maharashtra).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹51.54 Lakh. It is led by directors including Hemant Sumanlal Shah (Managing Director) and Sachin Suhas Shetye (Whole-Time Director).

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 105 & 116 Vasan Udyog Bhavan Sun Mill Compound Lower Parel (West), Mumbai, Maharashtra, India – 400013.

As per the financials filed for FY 2024, the company reported a revenue of ₹45 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹2.08 Cr (net margin 4.6%) and EBITDA of ₹4.27 Cr (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 11% over five years.

The company is associated with 1 brand: Medica Instrument. As per MCA filings, the company has open charges of ₹8 Cr and satisfied charges of ₹1.25 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending. The company has 7 deals on record (4 rights issues, 3 secondary share transfers); the latest was in March 2023. Its 4 peer companies in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 2 larger and 2 smaller; the largest is Angiplast Private Limited with revenue of ₹45.27 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2023, listing 1,774 overdue payments to 133 micro and small suppliers.

Equitron Medica Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0004899). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medicainstrument.com.

Company details

CIN U74999MH2018PTC303609
Registration Number 303609
Incorporation Date 03 January 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0004899

Recognitions & Rankings of Equitron Medica

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0004899

Contact details

Equitron Medica Private Limited's registered office is in Mumbai, Maharashtra. Its website is medicainstrument.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    105 & 116 Vasan Udyog Bhavan Sun Mill Compound Lower Parel (West), Mumbai, Maharashtra, India – 400013
  • Industry
    Machinery and Equipment, Industrial Testing & Measurement Equipment

To see the full contact details of Equitron Medica Private Limited, buy the company report.

Comprehensive company report
Equitron Medica 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

Equitron Medica operates one associated brand: Medica Instrument. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing and supplying medical and laboratory equipment in India, focusing on sterilization, incubation, and safety instruments.medicainstrument.com

Business activity

The main business activities of Equitron Medica are manufacturing and professional, scientific and technical. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

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

Financials of Equitron Medica Private Limited

FY 2025 filings available

Equitron Medica Private Limited reported revenue of ₹45 Cr (up 20% YoY) for FY 2024.

Revenue · FY 2024
₹45 Cr ▲ 20%
Net profit · FY 2024
₹2.08 Cr margin 4.6%
EBITDA · FY 2024
₹4.27 Cr margin 9.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 24%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 18%
5 years · compounded
▲ 5%

Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 20% growth in the latest year. EBITDA rose 34% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹4.27 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.08 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin9.5%
Net Profit Margin4.6%
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 Equitron Medica Private Limited, buy the company report.

Board of directors of Equitron Medica Private Limited

Equitron Medica has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sachin Suhas ShetyeWhole-Time Director02 Apr 20188 Years 7 MonthsCurrent
Hemant Sumanlal ShahManaging Director03 Jan 20188 Years 10 MonthsCurrent
Sagar Hemant ShahWhole-Time Director03 Jan 20188 Years 10 MonthsCurrent
Pallavi Hemant ShahWhole-Time Director03 Jan 20188 Years 10 MonthsCurrent

Peer comparison

Equitron Medica Private Limited is compared with the 4 companies closest to it by revenue in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Angiplast Private Limited₹45.27 Cr (FY 2025)14.0%Kheda, Gujarat, India
Aktiv Technologies Private Limited₹45.04 Cr (FY 2025)43.0%Faridabad, Haryana, India
Equitron Medica Private Limitedthis company₹45 Cr (FY 2024)₹2.08 Cr4.6%20.0%Mumbai, Maharashtra, India
Nano Therapeutics Private Limited₹43.93 Cr (FY 2025)-18.0%Surat, Gujarat, India
Nice Neotech Medical Systems Private Limited₹43.92 Cr (FY 2025)45.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Equitron Medica Private Limited, buy the company report.

Auditor

Equitron Medica Private Limited is audited by Shah Gupta & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Shah Gupta & CoFY 2023109574W

Shareholding

The shareholding of Equitron Medica Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Equitron Medica Private Limited, buy the company report.

Charges & borrowings

Open charges
₹8 Cr
Satisfied charges
₹1.25 Cr
Breakdown by lending institutions
Others₹8.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Dec 2018100228250Others₹8 CrOpen
05 Jan 2019100233326Tjsb Sahakari Bank Limited₹10.4 LakhSatisfied
03 Jan 2018100196403Tjsb Sahakari Bank Limited₹1 CrSatisfied
03 Jan 2018100196408Tjsb Sahakari Bank Limited₹15 LakhSatisfied

To see the full charge records of Equitron Medica Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Equitron Medica Private Limited has 7 deals on record (4 rights issues, 3 secondary share transfers); the latest was in March 2023.

Total deals
7
Rights issues
4
Secondary share transfers
3

Deals on record (5 of 7)

WhenDealAmountParties
Mar 2023Rights issue₹40,000Investors: an individual
Mar 2022Rights issue₹5 LakhInvestors: an individual
Mar 2021Rights issue₹11.4 LakhInvestors: an individual
Mar 2021Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2020Rights issue₹11.9 LakhInvestors: an individual

To see the full deal history of Equitron Medica Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Equitron Medica Private Limited has 14 MSME Form 1 returns on record between 2019 and 2023, listing 1,774 overdue payments to 133 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 133)

SupplierAmount dueDue sinceReported on
Regal Engineering Co
an individual supplier
Heat Source
Innovative Instruments & Controls LLP
an individual supplier

To see the full MSME payment records of Equitron Medica Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Equitron Medica has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAECE8994N1ZOMaharashtraActive17 Jan 2018

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

Recent activity

Equitron Medica Private Limited has 7 board changes on record since 2018: 4 appointments and 3 cessations. The latest: Sachin Suhas Shetye was appointed as Whole-Time Director on 02 Apr 2018.

Charges
A charge with Others of Rs. 8.00 Cr registered on 31 Dec 2018 with Charge ID 100228250 was modified on 17 Dec 2025.
AGM
Equitron Medica Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Equitron Medica Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 05 Jan 2019 via Charge ID 100233326 with Tjsb Sahakari Bank Limited was fully satisfied on 28 Jun 2022.
Charges
A charge registered on 03 Jan 2018 via Charge ID 100196403 with Tjsb Sahakari Bank Limited was fully satisfied on 28 Jun 2022.
Charges
A charge registered on 03 Jan 2018 via Charge ID 100196408 with Tjsb Sahakari Bank Limited was fully satisfied on 28 Jun 2022.
Charges
A charge with Tjsb Sahakari Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100233326 was registered on 05 Jan 2019.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100228250 was registered on 31 Dec 2018.
Appointed
Sachin Suhas Shetye was appointed as Whole-Time Director.
Ceased
Hemant Sumanlal Shah ceased to be Director.
Ceased
Pallavi Hemant Shah ceased to be Director.
Ceased
Sagar Hemant Shah ceased to be Director.

6 earlier events are in the company report.

Frequently asked questions

Equitron Medica is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial testing and measurement equipment, within the machinery and equipment industry. It was incorporated on 03 January 2018 (8+ years old) and is registered under CIN U74999MH2018PTC303609.

Equitron Medica has 4 current directors:

The latest financial statements of Equitron Medica 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 2018 are in the company report.

The GSTIN of Equitron Medica is 27AAECE8994N1ZO, registered in Maharashtra.

The CIN (Corporate Identification Number) of Equitron Medica is U74999MH2018PTC303609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Equitron Medica has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.

Equitron Medica was incorporated on 03 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.

Equitron Medica has 7 deals on record (4 rights issues, 3 secondary share transfers); the latest was in March 2023.

The peers of Equitron Medica by revenue are Angiplast Private Limited, Aktiv Technologies Private Limited, Nano Therapeutics Private Limited, Nice Neotech Medical Systems Private Limited, all in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).

Sachin Suhas Shetye was appointed as Whole-Time Director on 02 Apr 2018. Hemant Sumanlal Shah ceased to be Director on 23 Jan 2018. Pallavi Hemant Shah ceased to be Director on 23 Jan 2018. Equitron Medica has 7 board changes on record in total.

Yes, Equitron Medica is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0004899).

Equitron Medica has 14 MSME Form 1 returns on record between 2019 and 2023, listing 1,774 overdue payments to 133 micro and small suppliers. The latest return was filed on 27 Oct 2023.