- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0143873

About First Health Care Private Limited
Data last updated:
First Health Care Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 11 September 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85100MH1990PTC058103. Its GSTIN is 27AAACF0765E1ZX (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹90 Lakh. It is led by directors including Priyadev Sreemanglam and Viral Chittaranjan Shah.
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 501 5th Floor Kshamalaya 37 New Marine Lines, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.21 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹8.59 Lakh (net margin 2%) and EBITDA of ₹27.12 Lakh (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 4% over five years.
The company is associated with 1 brand: Spectrum Healthcare. As per MCA filings, the company has open charges of ₹58.79 Lakh and satisfied charges of ₹30.07 Cr on record. Court records list 39 cases involving the company, including 15 filed by the company and 24 filed against it; 9 cases are pending. The company has 7 deals on record (4 secondary share transfers, 2 convertible or debt financings, 1 debt financing), with disclosed funding of ₹5.46 Cr; the latest was in March 2021. Its 5 peer companies in the Healthcare industry (Preventive Healthcare Services), with the same principal business activity (hospital activities) are compared by revenue, 3 larger and 2 smaller; the largest is Ranjeev Healthcare Private Limited with revenue of ₹4.24 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2020, listing 65 overdue payments to 9 micro and small suppliers.
First Health Care Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0143873). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spectrumhealthcare.in.
Company details
Recognitions & Rankings of First Health Care
Contact details
First Health Care Private Limited's registered office is in Mumbai, Maharashtra. Its website is spectrumhealthcare.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address501 5th Floor Kshamalaya 37 New Marine Lines, Mumbai, Maharashtra, India – 400020
- IndustryHealthcare, Hospitals
To see the full contact details of First Health Care 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
Brands
First Health Care operates one associated brand: Spectrum Healthcare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Clinical laboratory testing services are offered by Spectrum Healthcare. | spectrumhealthcare.in |
Business activity
The main business activity of First Health Care 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 First Health Care Private Limited, buy the company report.
Financials of First Health Care Private Limited
FY 2025 filings availableFirst Health Care Private Limited reported revenue of ₹4.21 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 8% growth in the latest year. EBITDA fell 11% 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 | ₹27.12 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹8.59 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 | 6.4% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of First Health Care Private Limited, buy the company report.
Board of directors of First Health Care Private Limited
First Health Care has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyadev Sreemanglam | Director | 05 Sep 2014 | 12 Years 2 Months | Current |
| Viral Chittaranjan Shah | Director | 01 Apr 2016 | 10 Years 7 Months | Current |
| Dharmendra Satiram Shastri | Director | 14 Sep 2023 | 3 Years 1 Months | Current |
Peer comparison
First Health Care Private Limited is compared with the 5 companies closest to it by revenue in the Healthcare industry (Preventive Healthcare Services), 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 |
|---|---|---|---|---|---|---|
| Ranjeev Healthcare Private Limited | ₹4.24 Cr (FY 2021) | -9.0% | Alwar, Rajasthan, India | |||
| Swastika HMRP Private Limited | ₹4.23 Cr (FY 2025) | 5.0% | Gandhinagar, Gujarat, India | |||
| Sai Sneh Hospital and Diagnostic Centre Private Limited | ₹4.23 Cr (FY 2025) | 1.0% | Pune, Maharashtra, India | |||
| First Health Care Private Limitedthis company | ₹4.21 Cr (FY 2025) | ₹8.59 Lakh | 2% | 8.0% | Mumbai, Maharashtra, India | |
| Nursing Station Health Care Private Limited | ₹4.2 Cr (FY 2025) | 12.0% | Madurai, Tamil Nadu, India | |||
| Yuman Hospital Private Limited | ₹4.19 Cr (FY 2025) | 23.0% | Ambedkar Nagar, Uttar Pradesh, India |
To see the full peer comparison of First Health Care Private Limited, buy the company report.
Auditor
First Health Care Private Limited is audited by Atul Singh & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Atul Singh & Associates | FY 2023 | 144762W |
Shareholding
The shareholding of First Health Care Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of First Health Care Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2022 | 100658938 | Others | ₹32.2 Lakh | Open | |
| 27 Oct 2007 | 10150004 | Icici Bank Limited | ₹16.2 Lakh | Open | |
| 15 Oct 2006 | 10024475 | Hdfc Bank Limited | ₹10.39 Lakh | Open | |
| 09 Nov 2011 | 10352671 | Indian Overseas Bank | ₹30 Cr | Satisfied | |
| 20 Mar 2010 | 10251936 | Reliance Capital Ltd | ₹6.54 Lakh | Satisfied |
To see the full charge records of First Health Care Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
First Health Care Private Limited has 7 deals on record (4 secondary share transfers, 2 convertible or debt financings, 1 debt financing), with disclosed funding of ₹5.46 Cr; the latest was in March 2021.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2019 | Debt financing | ₹1.5 Cr | Investors: Kay Kay Executive Towers Private Limited |
| Nov 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| May 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
To see the full deal history of First Health Care Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
First Health Care Private Limited has 39 court cases on record: 15 filed by First Health Care, 24 filed against it. 9 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24 | 12 | 2 |
| District courts | 12 | 9 | 7 |
| Supreme Court | 3 | 3 | 0 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against The Manager HDFC Bank Ltd. and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed by the company against The State of Maharashtra Through Public Prosecutor and Another One | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by individuals | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (TER) | Filed against the company by Hari Lakshminarayan Mundra Chairman of the Indian Cancer Society and 9 others | Pending |
| Bombay High Court | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of First Health Care 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
First Health Care Private Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 65 overdue payments to 9 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 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Spectrum Clinical Research Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of First Health Care Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
First Health Care has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF0765E1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of First Health Care Private Limited, buy the company report.
Recent activity
First Health Care Private Limited has 6 board changes on record since 2014: 3 appointments and 3 cessations. The latest: Dharmendra Satiram Shastri was appointed as Director on 14 Sep 2023.
4 earlier events are in the company report.
Frequently asked questions
First Health Care is an active private limited company based in Mumbai, Maharashtra, India. The company works in hospitals, within the healthcare industry. It was incorporated on 11 September 1990 (36+ years old) and is registered under CIN U85100MH1990PTC058103.
First Health Care has 3 current directors:
- Priyadev Sreemanglam - Director
- Viral Chittaranjan Shah - Director
- Dharmendra Satiram Shastri - Director
The latest financial statements of First Health Care 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 First Health Care is 27AAACF0765E1ZX, 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 First Health Care is U85100MH1990PTC058103. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Health Care has 39 court cases on record: 15 filed by the company and 24 filed against it. 9 are pending. Most are in the high courts.
First Health Care was incorporated on 11 September 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
First Health Care has 7 deals on record (4 secondary share transfers, 2 convertible or debt financings, 1 debt financing), with disclosed funding of ₹5.46 Cr; the latest was in March 2021.
The peers of First Health Care by revenue are Ranjeev Healthcare Private Limited, Swastika HMRP Private Limited, Sai Sneh Hospital and Diagnostic Centre Private Limited, Nursing Station Health Care Private Limited, Yuman Hospital Private Limited, all in the Healthcare industry (Preventive Healthcare Services), with the same principal business activity (hospital activities).
Dharmendra Satiram Shastri was appointed as Director on 14 Sep 2023. Viral Chittaranjan Shah ceased to be Additional Director on 30 Sep 2016. Parul Viral Shah ceased to be Director on 01 Apr 2016. First Health Care has 6 board changes on record in total.
Yes, First Health Care is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0143873).
First Health Care has 4 MSME Form 1 returns on record between 2019 and 2020, listing 65 overdue payments to 9 micro and small suppliers. The latest return was filed on 19 Oct 2020.

