MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-11-0001150
Freedom Ophthalmic Private Limited - healthcare in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹29.97 Cr
▼ 6% YoY
Net profit · FY 2025
₹1.39 Cr
Net margin 4.6%
EBITDA · FY 2025
₹5.41 Cr
EBITDA margin 18.1%
Authorised capital
₹1.2 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹18.6 Cr
Satisfied ₹10.86 Cr
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings
About Freedom Ophthalmic Private Limited
Data last updated:
Freedom Ophthalmic Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 25 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U33201TN2005PTC058109. Its GSTIN is 33AAACF9331L1ZL (Tamil Nadu).
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Freedom Opthalmic Private Limited. It is led by directors Govindasamy Kannayiram (Managing Director) and Balamanimehalai.
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 B – 2 Arun Apartmentsno.207 Lakshmi Ammal Street Ayyavoo Naidu Colony, Chennai, Tamil Nadu, India – 600029.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.97 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.39 Cr (net margin 4.6%) and EBITDA of ₹5.41 Cr (EBITDA margin 18.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 10% over five years.
The company is associated with 1 brand: Freedom Ophthalmic. As per MCA filings, the company has open charges of ₹18.6 Cr and satisfied charges of ₹10.86 Cr on record. Court records list 19 cases involving the company, including 16 filed by the company and 3 filed against it; 3 cases are pending.
Freedom Ophthalmic Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-11-0001150). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website freedomophthalmic.com.
Company details
CIN U33201TN2005PTC058109
Registration Number 058109
Incorporation Date 25 November 2005
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-11-0001150
Recognitions & Rankings of Freedom Ophthalmic
Contact details
Freedom Ophthalmic Private Limited's registered office is in Chennai, Tamil Nadu. Its website is freedomophthalmic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 2 Arun Apartmentsno.207 Lakshmi Ammal Street Ayyavoo Naidu Colony, Chennai, Tamil Nadu, India – 600029
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Freedom Ophthalmic Private Limited, buy the company report.
Comprehensive company report
Freedom Ophthalmic 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
Freedom Ophthalmic operates one associated brand: Freedom Ophthalmic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces ophthalmic lenses and surgical tools for medical procedures and vision restoration. | freedomophthalmic.com |
Business activity
The main business activity of Freedom Ophthalmic is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Freedom Ophthalmic Private Limited, buy the company report.
Financials of Freedom Ophthalmic Private Limited
FY 2025 filings availableFreedom Ophthalmic Private Limited reported revenue of ₹29.97 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹29.97 Cr ▼ 6%
Net profit · FY 2025
₹1.39 Cr margin 4.6%
EBITDA · FY 2025
₹5.41 Cr margin 18.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 6%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 4%
5 years · compounded
▲ 4%
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 4% 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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| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.39 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 18.1% | ||||
| Net Profit Margin | 4.6% | ||||
| 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 Freedom Ophthalmic Private Limited, buy the company report.
Board of directors of Freedom Ophthalmic Private Limited
Freedom Ophthalmic 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 |
|---|---|---|---|---|
| Balamanimehalai | Director | 19 Oct 2012 | 14 Years 0 Months | Current |
| Govindasamy Kannayiram | Managing Director | 25 Nov 2005 | 20 Years 11 Months | Current |
Peer comparison
Freedom Ophthalmic 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 (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Care Essentials International Private Limited | ₹30.89 Cr (FY 2025) | 35.0% | New Delhi, Delhi, India | |||
| Freedom Ophthalmic Private Limitedthis company | ₹29.97 Cr (FY 2025) | ₹1.39 Cr | 4.6% | -6.0% | Chennai, Tamil Nadu, India | |
| SDS Life Sciences Private Limited | ₹29.89 Cr (FY 2025) | -12.0% | New Delhi, Delhi, India | |||
| Meditech Devices Private Limited | ₹29.4 Cr (FY 2025) | 18.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Freedom Ophthalmic Private Limited, buy the company report.
Auditor
Freedom Ophthalmic Private Limited is audited by MANI SRINIVASAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANI SRINIVASAN & ASSOCIATES | FY 2023 | 022018S |
Shareholding
The shareholding of Freedom Ophthalmic 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 Freedom Ophthalmic Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18.6 Cr
Satisfied charges
₹10.86 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2025 | 101160312 | Others | ₹3.4 Cr | Open | |
| 19 May 2023 | 100727637 | Axis Bank Limited | ₹6.6 Cr | Open | |
| 20 Sep 2022 | 100607521 | Others | ₹4 Cr | Open | |
| 02 Mar 2022 | 100540676 | Others | ₹1 Cr | Open | |
| 17 Nov 2021 | 100500011 | Others | ₹3.25 Cr | Open |
To see the full charge records of Freedom Ophthalmic Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Freedom Ophthalmic Private Limited has 19 court cases on record: 16 filed by Freedom Ophthalmic, 3 filed against it. 3 cases are pending and 16 are disposed.
Total cases
19
Filed by the company
16
Filed against the company
3
Pending
3
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 3 | 2 |
| High courts | 9 | 0 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Krishnagiri, Tamil Nadu | Criminal case | Filed by the company against M/S.Shravan Medisales Private Limited, Rep by Its Director Mr.Aashwin Chandrapal Pradessi and Anoth | Pending |
| District court, Krishnagiri, Tamil Nadu | Criminal miscellaneous application | Filed against the company by M/S.Shravan Medisales Private Limited, Rep by Its Director Mr.Aashwin Chandrapal Pradessi and Anoth | Disposed |
| District court, Krishnagiri, Tamil Nadu | Criminal case | Filed by the company against M/S Medicon Up Rep by Its Partners, Ramesh Tripathy and Another and 1 other | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against The Assitant Commissioner(St), and 1 other | Pending |
| District court, Krishnagiri, Tamil Nadu | Criminal miscellaneous application | Filed by the company against M/S Medicon Up Rep by Its Partners, Ramesh Tripathy and Another | Disposed |
To see the full case history of Freedom Ophthalmic 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 Freedom Ophthalmic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Freedom Ophthalmic has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACF9331L1ZL | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Freedom Ophthalmic Private Limited, buy the company report.
Recent activity
Freedom Ophthalmic Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Elango Veera Balakrishnan ceased to be Director on 30 Apr 2021.
AGM
Freedom Ophthalmic Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 3.40 Cr with Charge ID 101160312 was registered on 29 Sep 2025.
Filing
Freedom Ophthalmic Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Axis Bank Limited of Rs. 6.60 Cr registered on 19 May 2023 with Charge ID 100727637 was modified on 20 Jun 2024.
Charges
A charge registered on 02 Aug 2021 via Charge ID 100463904 with Others was fully satisfied on 17 Jul 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 6.60 Cr with Charge ID 100727637 was registered on 19 May 2023.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100607521 was registered on 20 Sep 2022.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100540676 was registered on 02 Mar 2022.
Charges
A charge with Others amounted to Rs. 3.25 Cr with Charge ID 100500011 was registered on 17 Nov 2021.
Charges
A charge with Others amounted to Rs. 1.47 Cr with Charge ID 100463904 was registered on 02 Aug 2021.
Ceased
Elango Veera Balakrishnan ceased to be Director.
Charges
A charge registered on 04 Dec 2014 via Charge ID 10534740 with Tamilnadu Industrial Investment Corporation Limited was fully satisfied on 10 Dec 2019.
21 earlier events are in the company report.
Frequently asked questions
Freedom Ophthalmic is an active private limited company based in Chennai, Tamil Nadu, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 25 November 2005 (21+ years old) and is registered under CIN U33201TN2005PTC058109.
Freedom Ophthalmic has 2 current directors:
- Govindasamy Kannayiram - Managing Director
- Balamanimehalai - Director
The latest financial statements of Freedom Ophthalmic 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 Freedom Ophthalmic is 33AAACF9331L1ZL, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Freedom Ophthalmic is U33201TN2005PTC058109. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Freedom Ophthalmic has 19 court cases on record: 16 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Freedom Ophthalmic was incorporated on 25 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Freedom Ophthalmic by revenue are Care Essentials International Private Limited, SDS Life Sciences Private Limited, Meditech Devices Private Limited, all in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Elango Veera Balakrishnan ceased to be Director on 30 Apr 2021. Ethiraj Balakrishnan ceased to be Director on 24 Jun 2019. Govindasamy Kannayiram ceased to be Director on 12 Nov 2018. Freedom Ophthalmic has 6 board changes on record in total.
Yes, Freedom Ophthalmic is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-11-0001150).
Freedom Ophthalmic can be reached through the website freedomophthalmic.com. Its registered office is in Chennai, Tamil Nadu, India.
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