Gharda Medical & Advanced Technologies Foundation
About Gharda Medical & Advanced Technologies Foundation
Data last updated:
Gharda Medical & Advanced Technologies Foundation is a private company limited by guarantee based in Mumbai, Maharashtra, India. It operates in the preventive healthcare segment of the healthcare sector. It was incorporated on 26 April 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85100MH1991GAT061430.
It was formerly known as Gharda Medical Foundation. It is led by directors including Raghunath Anant Mashelkar and Satish Gopalakrishna Shenoy.
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 5/6 Jer Mansion Coop So. Ltd.W P.Varde Road Off Turner Rd Bandra West Mumbai 400 05, Maharashtra, India – 400050.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,666.01 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹130.24 Cr (net margin 3.6%) and EBITDA of ₹481.21 Cr (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 368% over three years and 4% over five years.
The company has about 9 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹135 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Gharda Medical & Advanced Technologies Foundation has one previous CIN (Corporate Identification Number): U85100MH1991PTC061430. The current CIN is U85100MH1991GAT061430, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85100MH1991GAT061430 | Current |
| U85100MH1991PTC061430 | Previous |
Contact details
Gharda Medical & Advanced Technologies Foundation's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5/6 Jer Mansion Coop So. Ltd.W P.Varde Road Off Turner Rd Bandra West Mumbai 400 05, Maharashtra, India – 400050
- IndustryHealthcare, Preventive Health Services
To see the full contact details of Gharda Medical & Advanced Technologies Foundation, 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
Business activity
The main business activity of Gharda Medical & Advanced Technologies Foundation 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 |
Financials of Gharda Medical & Advanced Technologies Foundation
FY 2025 filings availableGharda Medical & Advanced Technologies Foundation reported revenue of ₹3,666.01 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 20% growth in the latest year. EBITDA rose 49% 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 | ₹481.21 Cr | ||||
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| Net Profit (PAT) | ₹130.24 Cr | ||||
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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 | 13.1% | ||||
| Net Profit Margin | 3.6% | ||||
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To see the full financial statements and ratios of Gharda Medical & Advanced Technologies Foundation, buy the company report.
Board of directors of Gharda Medical & Advanced Technologies Foundation
Gharda Medical & Advanced Technologies Foundation has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghunath Anant Mashelkar Also directs: Sakal Media Private Limited, Invictus Oncology Private Limited, Akamara Biomedicine Private Limited and 5 more | Director | 10 Nov 2011 | 14 Years 11 Months | Current |
| Satish Gopalakrishna Shenoy | Director | 30 May 2018 | 8 Years 5 Months | Current |
| Jyeshtharaj Bhalchandra Joshi | Director | 24 Jan 2012 | 14 Years 9 Months | Current |
| Anilkumar Gyanprakash Gupta Also directs: Deeproot Linux Private Limited, Sristi Innovations | Director | 30 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Gharda Medical & Advanced Technologies Foundation is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Max Healthcare Institute Limited | ₹7,184.1 Cr (FY 2025) | 29.0% | Mumbai, Maharashtra, India | |||
| Narayana Hrudayalaya Limited | ₹5,575.01 Cr (FY 2025) | 12.0% | L Area, Anekal.T.Q.Bangalore, Karnataka, India | |||
| Aster DM Quality Care Limited | ₹4,286.69 Cr (FY 2025) | 15.0% | Hyderabad, Telangana, India | |||
| Fortis Hospitals Limited | ₹4,219.85 Cr (FY 2025) | 15.0% | New Delhi, Delhi, India | |||
| Global Health Limited | ₹3,771.41 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Gharda Medical & Advanced Technologies Foundationthis company | ₹3,666.01 Cr (FY 2025) | ₹130.24 Cr | 3.6% | 20.0% | 9 | Mumbai, Maharashtra, India |
| Yashoda Healthcare Services Limited | ₹3,399.07 Cr (FY 2025) | 9.0% | Hyderabad, Telangana, India | |||
| Krishna Institute of Medical Sciences Limited | ₹3,067 Cr (FY 2025) | 22.0% | Telangana, India | |||
| Healthcare Global Enterprises Limited | ₹2,257.66 Cr (FY 2025) | 17.0% | Bangalore, Karnataka, India | |||
| Manipal Hospitals Private Limited | ₹2,179.11 Cr (FY 2025) | 20.0% | Bangalore, Karnataka, India | |||
| Sri Kauvery Medical Care (India) Limited | ₹1,918.06 Cr (FY 2025) | 39.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Gharda Medical & Advanced Technologies Foundation, buy the company report.
Auditor
Gharda Medical & Advanced Technologies Foundation is audited by CNK & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CNK & ASSOCIATES LLP | FY 2023 | 101961W |
Shareholding
The shareholding of Gharda Medical & Advanced Technologies Foundation is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of Gharda Medical & Advanced Technologies Foundation, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2024 | 100987504 | Others | ₹75 Cr | Open | |
| 30 Sep 2024 | 100990001 | Others | ₹60 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Gharda Medical & Advanced Technologies Foundation 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 Gharda Medical & Advanced Technologies Foundation; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Gharda Medical & Advanced Technologies Foundation has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Gharda Chemicals Limited | U24110MH1967PLC013688 | |
| Gujarat Insecticides Limited | U24299GJ1980PLC003929 |
To see the full group structure of Gharda Medical & Advanced Technologies Foundation, buy the company report.
Employees & EPFO
Gharda Medical & Advanced Technologies Foundation has a workforce of 9 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Gharda Medical & Advanced Technologies Foundation; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gharda Medical & Advanced Technologies Foundation has 14 board changes on record since 2011: 4 appointments and 10 cessations. The latest: Keki Hormusji Gharda ceased to be Director on 30 Sep 2024.
7 earlier events are in the company report.
Frequently asked questions
Gharda Medical & Advanced Technologies Foundation is an active private company limited by guarantee based in Mumbai, Maharashtra, India. The company works in preventive health services, within the healthcare industry. It was incorporated on 26 April 1991 (35+ years old) and is registered under CIN U85100MH1991GAT061430.
Gharda Medical & Advanced Technologies Foundation has 4 current directors:
- Raghunath Anant Mashelkar - Director
- Satish Gopalakrishna Shenoy - Director
- Jyeshtharaj Bhalchandra Joshi - Director
- Anilkumar Gyanprakash Gupta - Director
The latest financial statements of Gharda Medical & Advanced Technologies Foundation 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 CIN (Corporate Identification Number) of Gharda Medical & Advanced Technologies Foundation is U85100MH1991GAT061430. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gharda Medical & Advanced Technologies Foundation was incorporated on 26 April 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Gharda Medical & Advanced Technologies Foundation by revenue are Max Healthcare Institute Limited, Narayana Hrudayalaya Limited, Aster DM Quality Care Limited, Fortis Hospitals Limited, Global Health Limited and 5 more, all in the same principal business activity (hospital activities).
Keki Hormusji Gharda ceased to be Director on 30 Sep 2024. Anilkumar Gyanprakash Gupta ceased to be Additional Director on 19 Sep 2018. Satish Gopalakrishna Shenoy ceased to be Additional Director on 19 Sep 2018. Gharda Medical & Advanced Technologies Foundation has 14 board changes on record in total.
The registered office of Gharda Medical & Advanced Technologies Foundation is at 56 Jer Mansion Coop So. Ltd.W P.Varde Road Off Turner Rd Bandra West Mumbai 400 05, Maharashtra, India – 400050.
Gharda Medical & Advanced Technologies Foundation operates in the healthcare industry, in the preventive health services segment.
Gharda Medical & Advanced Technologies Foundation has open charges of ₹135 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Gharda Medical & Advanced Technologies Foundation is compliant as of 11 September 2026. The company is actively filing with the Registrar of Companies.
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