About Forza Medi (India) Private Limited
Data last updated:
Forza Medi (India) Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 19 May 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51397DL2000PTC105761. Its GSTIN is 07AAACF4557G2ZO (Delhi). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹85 Lakh. It is led by directors including Sahil Uttam and Reshma Jain.
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 A – 5 Malcha Marg Diplomatic Enclave, New Delhi, Delhi, India – 110021.
As per the financials filed for FY 2025, the company reported a revenue of ₹218.04 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹22.42 Cr (net margin 10.3%) and EBITDA of ₹35.53 Cr (EBITDA margin 16.3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
The company has about 104 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Forza Medi. As per MCA filings, the company has open charges of ₹85.1 Cr and satisfied charges of ₹9.16 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 3 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in July 2014. Its 3 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, 3 smaller; the largest is Relisys Medical Devices Limited with revenue of ₹214.11 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forzamedi.com.
Company details
Contact details
Forza Medi (India) Private Limited's registered office is in New Delhi, Delhi. Its website is forzamedi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 5 Malcha Marg Diplomatic Enclave, New Delhi, Delhi, India – 110021
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Forza Medi (India) 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
Forza Medi (India) operates one associated brand: FORZA MEDI. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of traditional medical devices | forzamedi.com |
Business activity
The main business activity of Forza Medi (India) is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Forza Medi (India) Private Limited, buy the company report.
Financials of Forza Medi (India) Private Limited
FY 2025 filings availableForza Medi (India) Private Limited reported revenue of ₹218.04 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 4% growth in the latest year. EBITDA rose 23% 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 | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹35.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.42 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.3% | ||||
| Net Profit Margin | 10.3% | ||||
| 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 Forza Medi (India) Private Limited, buy the company report.
Board of directors of Forza Medi (India) Private Limited
Forza Medi (India) has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sahil Uttam | Director | 15 Dec 2021 | 4 Years 10 Months | Current |
| Reshma Jain Also directs: Reshash Agro Private Limited, Forza Developers Private Limited, Nyati Retreat Private Limited and 1 more | Director | 07 Jun 2000 | 26 Years 4 Months | Current |
| Rishab Soni Also directs: Sail Rock Sporting Goods LLP, Sports Station Boutique Private Limited, Dcyphr Lifestyle Designs Private Limited and 3 more | Director | 15 Dec 2021 | 4 Years 10 Months | Current |
| Ashish Jain | Director | 19 May 2000 | 26 Years 5 Months | Current |
Peer comparison
Forza Medi (India) Private Limited is compared with the 3 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Forza Medi (India) Private Limitedthis company | ₹218.04 Cr (FY 2025) | ₹22.42 Cr | 10.3% | 4.0% | 104 | New Delhi, Delhi, India |
| Relisys Medical Devices Limited | ₹214.11 Cr (FY 2025) | 26.0% | Ibrahimpatnam, Andhra Pradesh, India | |||
| Phoenix Innovative Healthcare Manufacturers Private Limited | ₹213.49 Cr (FY 2025) | 17.0% | Navi Mumbai, Maharashtra, India | |||
| Skanray Technologies Limited | ₹213.3 Cr (FY 2025) | -22.0% | Mysore, Karnataka, India |
To see the full peer comparison of Forza Medi (India) Private Limited, buy the company report.
Shareholding
The shareholding of Forza Medi (India) 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 Forza Medi (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2024 | 101040420 | Hdfc Bank Limited | ₹2.5 Cr | Open | |
| 23 Apr 2022 | 100562523 | The Hongkong and Shanghai Banking Corporation Limited | ₹32.6 Cr | Open | |
| 25 Jan 2021 | 100417459 | The Hongkong and Shanghai Banking Corporation Limited | ₹2 Cr | Open | |
| 24 May 2006 | 10005726 | Others | ₹43 Cr | Open | |
| 22 Apr 2006 | 10006239 | Ing Vysya Bank Ltd | ₹2 Cr | Open |
To see the full charge records of Forza Medi (India) Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Forza Medi (India) Private Limited has 1 deal on record (1 secondary share transfer); the latest was in July 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Forza Medi (India) Private Limited has 9 court cases on record: 1 filed by Forza Medi (India), 8 filed against it. 3 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 3 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| District court, Kasganj, Uttar Pradesh | Criminal case | Filed against the company by State | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against State of Haryana and Others | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by State | Disposed |
| District court, South, Delhi | Civil suit | Filed against the company by State | Disposed |
To see the full case history of Forza Medi (India) 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 Forza Medi (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Forza Medi (India) has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Forza Developers Private Limited | U70109DL2014PTC271561 |
To see the full group structure of Forza Medi (India) Private Limited, buy the company report.
Employees & EPFO
Forza Medi (India) Private Limited has a workforce of 104 employees on its EPFO records as of Sep 06, 2024, across 1 active EPFO establishment.
GST
Forza Medi (India) has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACF4557G2ZO | Delhi | Active | 01 Jul 2017 |
| 06AAACF4557G1ZR | Haryana | Active | 01 Jul 2017 |
| 06AAACF4557G2ZQ | Haryana | Active | 26 May 2020 |
To see the full GST registrations and return filing status of Forza Medi (India) Private Limited, buy the company report.
Recent activity
Forza Medi (India) Private Limited has 6 board changes on record since 2000: 4 appointments and 2 cessations. The latest: Rishab Soni ceased to be Additional Director on 30 Sep 2022.
18 earlier events are in the company report.
Frequently asked questions
Forza Medi (India) is an active private limited company based in New Delhi, Delhi, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 19 May 2000 (26+ years old) and is registered under CIN U51397DL2000PTC105761.
Forza Medi (India) has 4 current directors:
- Sahil Uttam - Director
- Reshma Jain - Director
- Rishab Soni - Director
- Ashish Jain - Director
The latest financial statements of Forza Medi (India) 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 Forza Medi (India) is 07AAACF4557G2ZO, registered in Delhi. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAACF4557G1ZR (Haryana), 06AAACF4557G2ZQ (Haryana).
The CIN (Corporate Identification Number) of Forza Medi (India) is U51397DL2000PTC105761. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forza Medi (India) has 9 court cases on record: 1 filed by the company and 8 filed against it. 3 are pending. Most are in the district courts.
Forza Medi (India) was incorporated on 19 May 2000, making it 26+ years old. It is registered with the Registrar of Companies, Delhi.
Forza Medi (India) has 1 deal on record (1 secondary share transfer); the latest was in July 2014.
The peers of Forza Medi (India) by revenue are Relisys Medical Devices Limited, Phoenix Innovative Healthcare Manufacturers Private Limited, Skanray Technologies 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).
Rishab Soni ceased to be Additional Director on 30 Sep 2022. Sahil Uttam ceased to be Additional Director on 30 Sep 2022. Rishab Soni was appointed as Director on 15 Dec 2021. Forza Medi (India) has 6 board changes on record in total.
Forza Medi (India) can be reached through the website forzamedi.com. Its registered office is in New Delhi, Delhi, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
