H L Medical Systems Private Limited
About H L Medical Systems Private Limited
Data last updated:
H L Medical Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 12 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51397MH2004PTC145632. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anant Shridhar Bhat (Managing Director) and Ashwini Anant Bhat.
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 C/O Of Anant Shridhar Bhat Flat – 403 Vasant Smruti 90 Road Thakur Complex Kandevali East, Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.38 Lakh, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹24,747 (net margin 10.4%) and EBITDA of ₹42,062 (EBITDA margin 17.7%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 39% over five years.
Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
H L Medical Systems Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressC/O Of Anant Shridhar Bhat Flat – 403 Vasant Smruti 90 Road Thakur Complex Kandevali East, Mumbai, Maharashtra, India – 400101
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of H L Medical Systems 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
Financials of H L Medical Systems Private Limited
FY 2025 filings availableH L Medical Systems Private Limited reported revenue of ₹2.38 Lakh (up 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 21% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 39%. EBITDA rose 125% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹42,062 | ||||
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| Net Profit (PAT) | ₹24,747 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 17.7% | ||||
| Net Profit Margin | 10.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of H L Medical Systems Private Limited, buy the company report.
Board of directors of H L Medical Systems Private Limited
H L Medical Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anant Shridhar Bhat | Managing Director | 12 Apr 2004 | 22 Years 6 Months | Current |
| Ashwini Anant Bhat | Director | 12 Apr 2006 | 20 Years 6 Months | Current |
Peer comparison
H L Medical Systems Private Limited is compared with the 10 companies closest to it by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mayas Healthcares Services Private Limited | ₹2.48 Lakh (FY 2018) | 120.0% | Jaipur, Rajasthan, India | |||
| Kaloupi IT Services Private Limited | ₹2.47 Lakh (FY 2024) | -82.0% | Pune, Maharashtra, India | |||
| Happyness Innovations Private Limited | ₹2.47 Lakh (FY 2024) | Rajkot, Gujarat, India | ||||
| Practo RX Services Private Limited | ₹2.44 Lakh (FY 2025) | -95.0% | Bangalore, Karnataka, India | |||
| Vertex Exim Private Limited | ₹2.4 Lakh (FY 2022) | 18.0% | Ambala Cantt, Haryana, India | |||
| H L Medical Systems Private Limitedthis company | ₹2.38 Lakh (FY 2024) | ₹24,747 | 10.4% | 21.0% | Mumbai, Maharashtra, India | |
| Loushwang Meditech Private Limited | ₹2.38 Lakh (FY 2020) | -45.0% | Imphal, Manipur, India | |||
| Etex Healthcare Private Limited | ₹2.3 Lakh (FY 2025) | -91.0% | Faridabad, Haryana, India | |||
| Xact Vision Medicare Private Limited | ₹2.27 Lakh (FY 2025) | -98.0% | Bengaluru, Karnataka, India | |||
| Alpha Meditech Private Limited | ₹2.26 Lakh (FY 2018) | 37.0% | New Delhi, Delhi, India | |||
| Supathya Health Infra Private Limited | ₹2.25 Lakh (FY 2024) | -99.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of H L Medical Systems Private Limited, buy the company report.
Auditor
H L Medical Systems Private Limited is audited by Subramanian Srinivasan & Associates for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Subramanian Srinivasan & Associates | FY 2016 | 0048689 |
Shareholding
The shareholding of H L Medical Systems Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of H L Medical Systems Private Limited, buy the company report.
Legal cases
H L Medical Systems Private Limited has 4 court cases on record: 1 filed by H L Medical Systems, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Court case (T.P. C) | Filed against the company by Usha Drager Pvt. Ltd | Disposed |
| High Court of Delhi | Appeal | Filed against the company by Usha Drager Pvt Ltd | Disposed |
| High Court of Delhi | Court case (FAO(OS)) | Filed by the company against Usah Drager P. Ltd. &Ors. | Disposed |
| High Court of Delhi | Appeal | Filed against the company by an individual | Disposed |
To see the full case history of H L Medical Systems 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 H L Medical Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
H L Medical Systems Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
H L Medical Systems has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of H L Medical Systems Private Limited, buy the company report.
Recent activity
H L Medical Systems Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Anant Shridhar Bhat ceased to be Director on 01 May 2009.
Frequently asked questions
H L Medical Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 12 April 2004 (22+ years old) and is registered under CIN U51397MH2004PTC145632.
H L Medical Systems has 2 current directors:
- Anant Shridhar Bhat - Managing Director
- Ashwini Anant Bhat - Director
The latest financial statements of H L Medical Systems 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.
No. H L Medical Systems has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of H L Medical Systems is U51397MH2004PTC145632. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
H L Medical Systems has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the high courts.
H L Medical Systems was incorporated on 12 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of H L Medical Systems by revenue are Mayas Healthcares Services Private Limited, Kaloupi IT Services Private Limited, Happyness Innovations Private Limited, Practo RX Services Private Limited, Vertex Exim Private Limited and 5 more, all in the Healthcare industry (Healthcare Equipment Retail and Distribution).
Anant Shridhar Bhat ceased to be Director on 01 May 2009. Ashwini Anant Bhat was appointed as Director on 12 Apr 2006. Anant Shridhar Bhat was appointed as Managing Director on 12 Apr 2004.
The registered office of H L Medical Systems is at CO Of Anant Shridhar Bhat Flat – 403 Vasant Smruti 90 Road Thakur Complex Kandevali East, Mumbai, Maharashtra, India – 400101.
H L Medical Systems operates in the healthcare industry, in the medical equipment retail and distribution segment.
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