MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-01-0013229
Excel Forever Medicare Private Limited
Excel Forever Medicare Private Limited - healthcare in Amritsar, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.97 Cr
▲ 180% YoY
Net profit · FY 2025
₹3.42 Lakh
Net margin 0.6%
EBITDA · FY 2025
₹65.03 Lakh
EBITDA margin 10.9%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹32.45 Lakh
Issued & subscribed
Open charges
₹3.24 Cr
Satisfied ₹2.7 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
14
Provident fund records
About Excel Forever Medicare Private Limited
Data last updated:
Excel Forever Medicare Private Limited is a private limited company based in Amritsar, Punjab, India. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 06 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74999PB2016PTC045775. Its GSTIN is 03AAECE4077A1Z7 (Punjab).
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹32.45 Lakh. It is led by directors Sarabdeep Singh (Managing Director) and Guruvinder Singh.
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 Inside Nova Medicity Hospital Opp – Pritam Enclave G.T Road, Amritsar, Punjab, India – 143001.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.97 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.42 Lakh (net margin 0.6%) and EBITDA of ₹65.03 Lakh (EBITDA margin 10.9%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 43% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.24 Cr and satisfied charges of ₹2.7 Cr on record.
Excel Forever Medicare Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-01-0013229). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999PB2016PTC045775
Registration Number 045775
Incorporation Date 06 October 2016
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-PB-01-0013229
Recognitions & Rankings of Excel Forever Medicare
Contact details
Excel Forever Medicare Private Limited's registered office is in Amritsar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressInside Nova Medicity Hospital Opp – Pritam Enclave G.T Road, Amritsar, Punjab, India – 143001
- IndustryHealthcare, Hospitals
To see the full contact details of Excel Forever Medicare Private Limited, buy the company report.
Comprehensive company report
Excel Forever Medicare 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 Excel Forever Medicare is hospital and medical care. In detail, this covers hospital activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q1 | Hospital activities |
To see the full business activity and turnover split of Excel Forever Medicare Private Limited, buy the company report.
Financials of Excel Forever Medicare Private Limited
FY 2024 filings availableExcel Forever Medicare Private Limited reported revenue of ₹5.97 Cr (up 180% YoY) for FY 2025.
Revenue · FY 2025
₹5.97 Cr ▲ 180%
Net profit · FY 2025
₹3.42 Lakh margin 0.6%
EBITDA · FY 2025
₹65.03 Lakh margin 10.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 180%
3 years · compounded
▲ 45%
5 years · compounded
▲ 43%
EBITDA CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 9%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 180% growth in the latest year. EBITDA rose 50% 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 | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹65.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.42 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 10.9% | ||||
| 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 | |||||
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| 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 Excel Forever Medicare Private Limited, buy the company report.
Board of directors of Excel Forever Medicare Private Limited
Excel Forever Medicare has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarabdeep Singh Also directs: Mgard Healthcare LLP | Managing Director | 06 Oct 2016 | 10 Years 0 Months | Current |
| Guruvinder Singh | Director | 06 Oct 2016 | 10 Years 0 Months | Current |
Peer comparison
Excel Forever Medicare Private Limited is compared with the 7 companies closest to it by revenue in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sai Samarth Health Solutions Private Limited | ₹5.99 Cr (FY 2024) | 311.0% | Navi Mumbai, Maharashtra, India | |||
| Cygnus Pulsus Healthcare Private Limited | ₹5.99 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India | |||
| Blue Line Hospitals Private Limited | ₹5.99 Cr (FY 2024) | 9.0% | Cuttack, Odisha, India | |||
| Assure Life Medicare Private Limited | ₹5.97 Cr (FY 2024) | 28.0% | Jabalpur, Madhya Pradesh, India | |||
| Excel Forever Medicare Private Limitedthis company | ₹5.97 Cr (FY 2025) | ₹3.42 Lakh | 0.6% | 180.0% | 14 | Amritsar, Punjab, India |
| V9 Medicare Private Limited | ₹5.95 Cr (FY 2024) | 3118.0% | Hyderabad, Telangana, India | |||
| Arv Healthcare Private Limited | ₹5.95 Cr (FY 2024) | 36.0% | Chandigarh, India | |||
| Gauripur Hospital Private Limited | ₹5.95 Cr (FY 2024) | 0.0% | Bongaigaon, Assam, India |
To see the full peer comparison of Excel Forever Medicare Private Limited, buy the company report.
Auditor
Excel Forever Medicare Private Limited is audited by BHAWANDEEP SINGH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAWANDEEP SINGH & ASSOCIATES | FY 2023 | 516773 |
Shareholding
The shareholding of Excel Forever Medicare 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 Excel Forever Medicare Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.24 Cr
Satisfied charges
₹2.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2024 | 100933296 | Others | ₹98 Lakh | Open | |
| 17 Dec 2021 | 100519914 | Others | ₹2.26 Cr | Open | |
| 11 Dec 2017 | 100139681 | Others | ₹1.8 Cr | Satisfied | |
| 16 Jun 2017 | 100114151 | Others | ₹30 Lakh | Satisfied | |
| 03 Jan 2017 | 100079707 | Others | ₹60 Lakh | Satisfied |
To see the full charge records of Excel Forever Medicare Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Excel Forever Medicare 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 Excel Forever Medicare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Excel Forever Medicare Private Limited has a workforce of 14 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
40%
GST
Excel Forever Medicare has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECE4077A1Z7 | Punjab | Active | 24 Jul 2020 |
To see the full GST registrations and return filing status of Excel Forever Medicare Private Limited, buy the company report.
Recent activity
Excel Forever Medicare Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Pramod Ratanchand Sarnot ceased to be Director on 05 Apr 2025.
Ceased
Pramod Ratanchand Sarnot ceased to be Director.
AGM
Excel Forever Medicare Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Praveen Devgan ceased to be Director.
Charges
A charge with Others amounted to Rs. 98.00 Lakh with Charge ID 100933296 was registered on 29 Apr 2024.
Filing
Excel Forever Medicare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Others of Rs. 225.84 Lakh registered on 17 Dec 2021 with Charge ID 100519914 was modified on 26 Mar 2022.
Charges
A charge registered on 11 Dec 2017 via Charge ID 100139681 with Others was fully satisfied on 25 Feb 2022.
Charges
A charge with Others amounted to Rs. 225.84 Lakh with Charge ID 100519914 was registered on 17 Dec 2021.
Ceased
Sita Sharma ceased to be Director.
Charges
A charge registered on 16 Jun 2017 via Charge ID 100114151 with Others was fully satisfied on 15 Dec 2017.
Charges
A charge registered on 03 Jan 2017 via Charge ID 100079707 with Others was fully satisfied on 15 Dec 2017.
Charges
A charge with Others amounted to Rs. 180.00 Lakh with Charge ID 100139681 was registered on 11 Dec 2017.
6 earlier events are in the company report.
Frequently asked questions
Excel Forever Medicare is an active private limited company based in Amritsar, Punjab, India. The company works in hospitals, within the healthcare industry. It was incorporated on 06 October 2016 (10+ years old) and is registered under CIN U74999PB2016PTC045775.
Excel Forever Medicare has 2 current directors:
- Sarabdeep Singh - Managing Director
- Guruvinder Singh - Director
The latest financial statements of Excel Forever Medicare 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 2017 are in the company report.
The GSTIN of Excel Forever Medicare is 03AAECE4077A1Z7, registered in Punjab.
The CIN (Corporate Identification Number) of Excel Forever Medicare is U74999PB2016PTC045775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excel Forever Medicare was incorporated on 06 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Excel Forever Medicare by revenue are Sai Samarth Health Solutions Private Limited, Cygnus Pulsus Healthcare Private Limited, Blue Line Hospitals Private Limited, Assure Life Medicare Private Limited, V9 Medicare Private Limited and 2 more, all in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities).
Pramod Ratanchand Sarnot ceased to be Director on 05 Apr 2025. Praveen Devgan ceased to be Director on 22 May 2024. Sita Sharma ceased to be Director on 13 Nov 2019. Excel Forever Medicare has 6 board changes on record in total.
Yes, Excel Forever Medicare is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-01-0013229).
The registered office of Excel Forever Medicare is at Inside Nova Medicity Hospital Opp – Pritam Enclave G.T Road, Amritsar, Punjab, India – 143001.
Excel Forever Medicare operates in the healthcare industry, in the hospitals segment.
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