About Garware Meditech Private Limited
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Garware Meditech Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 02 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U18109PN2011PTC141536.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Milind Anant Kamat and Vayu Ramesh Garware.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 11 Block D – 1 M.I.D.C. Chinchwad, Pune, Maharashtra, India – 411019.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.5 Lakh. For the same year it recorded a net profit of ₹99,710 (net margin 66.5%) and EBITDA of ₹1.34 Lakh (EBITDA margin 89.1%). Revenue has grown at a compounded annual rate (CAGR) of 82% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website garwarefibres.com.
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- Website
- Social Media
- Registered AddressPlot No. 11 Block D – 1 M.I.D.C. Chinchwad, Pune, Maharashtra, India – 411019
- IndustryPackaging, Woven Packaging Products
- 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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Financials of Garware Meditech Private Limited FY 2025 filings available
Garware Meditech Private Limited reported revenue of ₹1.5 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR) of Garware Meditech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 82% over three years. EBITDA rose 694% 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 of Garware Meditech Private Limited
| 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 | ₹1.34 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹99,710 | •••• | •••• | •••• | •••• |
| 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 of Garware Meditech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 89.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 66.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Garware Meditech are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Garware Meditech Private Limited
Garware Meditech Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery, Woven Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Medifab Equipments Private Limited | ₹1.61 Lakh (FY 2024) | •••• | •••• | -39.0% | •••• | Ambernath, Maharashtra, India |
| Niksan Agrotech India Private Limited | ₹1.6 Lakh (FY 2025) | •••• | •••• | -46.0% | •••• | Karad, Maharashtra, India |
| Kisan Dairy Equipments (India) Private Limited | ₹1.6 Lakh (FY 2025) | •••• | •••• | -96.0% | •••• | Pune, Maharashtra, India |
| Record Machineries Pvt Ltd. | ₹1.59 Lakh (FY 2024) | •••• | •••• | -99.0% | •••• | Kolkata, West Bengal, India |
| Kanupriya Enterprises Private Limited | ₹1.55 Lakh (FY 2020) | •••• | •••• | -85.0% | •••• | Tilak Nagar, Uttar Pradesh, India |
| Garware Meditech Private Limited this company | ₹1.5 Lakh (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Web-Tech Engineering Pvt Ltd | ₹1.44 Lakh (FY 2025) | •••• | •••• | 33.0% | •••• | Faridabad, Haryana, India |
| Ashok Road and Infra Equipments (India) Private Limited | ₹1.39 Lakh (FY 2025) | •••• | •••• | -92.0% | •••• | Hyderabad, Telangana, India |
| Penguin Engineers Private Limited | ₹1.38 Lakh (FY 2024) | •••• | •••• | •••• | Ramanathapuram, Tamil Nadu, India | |
| Olcee International Private Limited | ₹1.38 Lakh (FY 2025) | •••• | •••• | 38.0% | •••• | Pardi, Gujarat, India |
| Bombay Freezco Private Limited | ₹1.37 Lakh (FY 2025) | •••• | •••• | 20.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Garware Meditech by revenue in the Machinery and Equipment industry (Process Machinery, Woven Products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Garware Meditech Private Limited
Garware Meditech Private Limited is audited by PATKI & SOMAN for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PATKI & SOMAN | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Garware Meditech Private Limited
Garware Meditech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milind Anant Kamat Also directs: Garware Infrastructure Private Limited, VRG Investments Private Limited, Vmir Investment Private Limited and 5 more | Director | 30 Mar 2017 | 9 Years 6 Months | Current |
| Vayu Ramesh Garware | Director | 02 Dec 2011 | 14 Years 10 Months | Current |
Ownership and Shareholding of Garware Meditech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Garware Meditech Private Limited
Garware Meditech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Garware Meditech Private Limited
Employment history and EPFO contributions of people linked to Garware Meditech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Garware Meditech Private Limited
Recent Activity on Garware Meditech Private Limited
Garware Meditech Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Milind Anant Kamat ceased to be Additional Director on 30 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Garware Meditech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Garware Meditech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Garware Meditech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Garware Meditech Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Garware Meditech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Garware Meditech Private Limited
Garware Meditech is an active private limited company based in Pune, Maharashtra, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 02 December 2011 (15+ years old) and is registered under CIN U18109PN2011PTC141536.
Garware Meditech reported revenue of ₹1.5 Lakh for FY 2025.
Garware Meditech has 2 current directors:
- Milind Anant Kamat - Director
- Vayu Ramesh Garware - Director
Garware Meditech reported a net profit of ₹99,710 (net margin 66.5%) and EBITDA of ₹1.34 Lakh (EBITDA margin 89.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Garware Meditech is 82% over three years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Garware Meditech is U18109PN2011PTC141536. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garware Meditech was incorporated on 02 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Garware Meditech by revenue are Medifab Equipments Private Limited, Niksan Agrotech India Private Limited, Kisan Dairy Equipments (India) Private Limited, Record Machineries Pvt Ltd, Kanupriya Enterprises Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery, Woven Products).
Milind Anant Kamat ceased to be Additional Director on 30 Sep 2017. Santosh Shrikrishna Purohit ceased to be Additional Director on 30 Sep 2017. Milind Anant Kamat was appointed as Director on 30 Mar 2017. Garware Meditech has 6 board changes on record in total.
Garware Meditech can be reached through the website garwarefibres.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Garware Meditech is at Plot No. 11 Block D – 1 M.I.D.C. Chinchwad, Pune, Maharashtra, India – 411019.