Haitech Medical Solutions Private Limited

Haitech Medical Solutions Private Limited - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U33110MH2011PTC218660 Incorporated 15 June 2011 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company healthcare
Data last updated
Revenue · FY 2024
₹8.1 Cr
▲ 55% YoY
Net profit · FY 2024
₹61.49 Lakh
Net margin 7.6%
EBITDA · FY 2024
₹65.94 Lakh
EBITDA margin 8.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.18 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
4
As per MCA filings
Active GSTINs
1
of 4 registered

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

CIN U33110MH2011PTC218660
Registration Number 218660
Incorporation Date 15 June 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

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 NameStatus
Haitech Medical Solutions Private LimitedCurrent
Haitech Instruments And Medical Solutions Private LimitedPrevious
Haitech Agro Solutions Private LimitedPrevious

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.

CINStatus
U33110MH2011PTC218660Current
U01403MH2011PTC218660Previous

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
  • Registered Address
    912 9th Floor Swastika Disa Corporate Park, L B S Road Opp Vijay Sales Ghatkoper, Mumbai, Maharashtra, India – 400086
  • Industry
    Healthcare, Medical Equipment Retail & Distribution

To see the full contact details of Haitech Medical Solutions Private Limited, buy the company report.

Comprehensive company report
Haitech Medical Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Haitech Medical Solutions is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale 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 available

Haitech Medical Solutions Private Limited reported revenue of ₹8.1 Cr (up 55% YoY) for FY 2024.

Revenue · FY 2024
₹8.1 Cr ▲ 55%
Net profit · FY 2024
₹61.49 Lakh margin 7.6%
EBITDA · FY 2024
₹65.94 Lakh margin 8.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 79%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 87%
3 years · compounded
▲ 77%
5 years · compounded
▲ 45%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8.1%
Net Profit Margin7.6%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Mehul Rajesh NagarDirector01 Aug 20233 Years 2 MonthsCurrent
Amit Matan ByronManaging Director09 Jan 20188 Years 9 MonthsCurrent
Tsippy ByronDirector15 Jun 201115 Years 4 MonthsCurrent
Raviv ByronDirector15 Jun 201115 Years 4 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh7.6%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 firmFinancial yearFirm registration number
ARATI SHAH AND ASSOCIATESFY 2023039718

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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.

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.

1
Associated companies

GST

Haitech Medical Solutions has 4 GST registrations: 1 active and 3 cancelled or inactive.

Total GSTINs
4
Active
1
Cancelled / inactive
3
GSTINStateStatusRegistered on
27AACCH6897F1Z6MaharashtraActive01 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.

AGM
Haitech Medical Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Haitech Medical Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Mehul Rajesh Nagar ceased to be Additional Director.
Appointed
Mehul Rajesh Nagar was appointed as Director.
Ceased
Amit Matan Byron ceased to be Director.
Ceased
Pankaj Natverlal Kapadia ceased to be Additional Director.
Appointed
Amit Matan Byron was appointed as Managing Director.
Appointed
Raviv Byron was appointed as Director.
Appointed
Tsippy Byron was appointed as Director.
Incorporation
15 Jun 2011
Haitech Medical Solutions Private Limited was registered on 15 Jun 2011 with Roc Mumbai & aged 15 years 4 months as per MCA records.

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:

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.