
About Haitech Medical Solutions Private Limited
Data last updated:
Haitech Medical Solutions 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 15 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33110MH2011PTC218660. Its GSTIN is 27AACCH6897F1Z6 (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.18 Lakh. It was formerly known as Haitech Instruments and Medical Solutions Private Limited and Haitech Agro Solutions Private Limited. It is led by directors including Amit Matan Byron (Managing Director) and Mehul Rajesh Nagar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 912 9th Floor Swastika Disa Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.1 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹61.49 Lakh (net margin 7.6%) and EBITDA of ₹65.94 Lakh (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 79% over three years and 28% over five 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 haitech-group.com.
Company details
Name history
Haitech Medical Solutions has undergone 2 name changes throughout its history. The company was previously known as Haitech Instruments And Medical Solutions Private Limited, and Haitech Agro Solutions Private Limited. The current legal name is Haitech Medical Solutions Private Limited.
| Company Name | Status |
|---|---|
| Haitech Medical Solutions Private Limited | Current |
| Haitech Instruments And Medical Solutions Private Limited | Previous |
| Haitech Agro Solutions Private Limited | Previous |
CIN history
Haitech Medical Solutions has one previous CIN (Corporate Identification Number): U01403MH2011PTC218660. The current CIN is U33110MH2011PTC218660, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33110MH2011PTC218660 | Current |
| U01403MH2011PTC218660 | Previous |
Contact details
Haitech Medical Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is haitech-group.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address912 9th Floor Swastika Disa Corporate Park, L B S Road Opp Vijay Sales Ghatkoper, Mumbai, Maharashtra, India – 400086
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Haitech Medical Solutions 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
Business activity
The main business activity of Haitech Medical Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Haitech Medical Solutions Private Limited, buy the company report.
Financials of Haitech Medical Solutions Private Limited
FY 2024 filings availableHaitech Medical Solutions Private Limited reported revenue of ₹8.1 Cr (up 55% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 55% growth in the latest year. EBITDA rose 87% 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 |
|---|---|---|---|---|---|
| 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 | ₹65.94 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹61.49 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.1% | ||||
| Net Profit Margin | 7.6% | ||||
| 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 Haitech Medical Solutions Private Limited, buy the company report.
Board of directors of Haitech Medical Solutions Private Limited
Haitech Medical Solutions has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehul Rajesh Nagar | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
| Amit Matan Byron | Managing Director | 09 Jan 2018 | 8 Years 9 Months | Current |
| Tsippy Byron | Director | 15 Jun 2011 | 15 Years 4 Months | Current |
| Raviv Byron | Director | 15 Jun 2011 | 15 Years 4 Months | Current |
Peer comparison
Haitech Medical Solutions Private Limited is compared with the 5 companies closest to it by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Multico Exports Private Limited | ₹8.17 Cr (FY 2025) | -28.0% | Ahmedabad, Gujarat, India | |||
| Lifelinx Surgimed Private Limited | ₹8.15 Cr (FY 2024) | 39.0% | Chennai, Tamil Nadu, India | |||
| Stalwart Meditech Private Limited | ₹8.11 Cr (FY 2025) | 100.0% | New Delhi, Delhi, India | |||
| Haitech Medical Solutions Private Limitedthis company | ₹8.1 Cr (FY 2024) | ₹61.49 Lakh | 7.6% | 55.0% | Mumbai, Maharashtra, India | |
| Diokronic Medisys Private Limited | ₹8.07 Cr (FY 2024) | 5.0% | Lucknow, Uttar Pradesh, India | |||
| Utkarsh Pharma Private Limited | ₹8.07 Cr (FY 2024) | 7.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Haitech Medical Solutions Private Limited, buy the company report.
Auditor
Haitech Medical Solutions Private Limited is audited by ARATI SHAH AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARATI SHAH AND ASSOCIATES | FY 2023 | 039718 |
Shareholding
The shareholding of Haitech Medical Solutions 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 Haitech Medical Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Haitech Medical Solutions Private Limited 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 Haitech Medical Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Haitech Medical Solutions has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Haitech Medical Solutions has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH6897F1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Haitech Medical Solutions Private Limited, buy the company report.
Recent activity
Haitech Medical Solutions Private Limited has 7 board changes on record since 2011: 4 appointments and 3 cessations. The latest: Mehul Rajesh Nagar ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Haitech Medical Solutions 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 15 June 2011 (15+ years old) and is registered under CIN U33110MH2011PTC218660.
Haitech Medical Solutions has 4 current directors:
- Amit Matan Byron - Managing Director
- Mehul Rajesh Nagar - Director
- Tsippy Byron - Director
- Raviv Byron - Director
The latest financial statements of Haitech Medical Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Haitech Medical Solutions is 27AACCH6897F1Z6, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Haitech Medical Solutions is U33110MH2011PTC218660. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Haitech Medical Solutions was incorporated on 15 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Haitech Medical Solutions by revenue are Multico Exports Private Limited, Lifelinx Surgimed Private Limited, Stalwart Meditech Private Limited, Diokronic Medisys Private Limited, Utkarsh Pharma Private Limited, all in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Mehul Rajesh Nagar ceased to be Additional Director on 29 Sep 2023. Mehul Rajesh Nagar was appointed as Director on 01 Aug 2023. Amit Matan Byron ceased to be Director on 01 Jul 2019. Haitech Medical Solutions has 7 board changes on record in total.
Haitech Medical Solutions can be reached through the website haitech-group.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Haitech Medical Solutions is at 912 9th Floor Swastika Disa Corporate Park, L B S Road Opp Vijay Sales Ghatkoper, Mumbai, Maharashtra, India – 400086.
Haitech Medical Solutions operates in the healthcare industry, in the medical equipment retail and distribution segment.