MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-09-0004935
Hearts Malabar Clinical Solutions Private Limited - healthcare in Kottakkal, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹31.27 Cr
▼ 3% YoY
Net loss · FY 2025
₹46.81 Lakh
Net margin -1.5%
EBITDA · FY 2025
₹1.4 Cr
EBITDA margin 4.5%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹4.56 Cr
Issued & subscribed
Open charges
₹4.35 Cr
Satisfied ₹11.56 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
90
Provident fund records
About Hearts Malabar Clinical Solutions Private Limited
Data last updated:
Hearts Malabar Clinical Solutions Private Limited is a private limited company based in Kottakkal, Kerala, India. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 30 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U51397KL2013PTC033968. Its GSTIN is 32AADCH1734Q1ZH (Kerala). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹4.56 Cr. It is led by directors including Cheriya Kachery Byju (Managing Director) and Bijoy Ouseph.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pilathara Near Mathrubhoomi Office Po. Randathani, Kottakkal, Kerala, India – 676510.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.27 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹46.81 Lakh (net margin -1.5%) and EBITDA of ₹1.4 Cr (EBITDA margin 4.5%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
The company has about 90 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.35 Cr and satisfied charges of ₹11.56 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it. The company has 5 deals on record (3 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.63 Cr; the latest was in March 2018. Its 7 peer companies in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities) are compared by revenue, 4 larger and 3 smaller; the largest is Oriana Hospital Private Limited with revenue of ₹31.66 Cr.
Hearts Malabar Clinical Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-09-0004935). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website heartsmalabar.com.
Company details
CIN U51397KL2013PTC033968
Registration Number 033968
Incorporation Date 30 April 2013
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KL-09-0004935
Key People
Cheriya Kachery Byju Managing Director Ravi Kizhedath Additional Director Bijoy Ouseph Director Recognitions & Rankings of Hearts Malabar Clinical Solutions
Contact details
Hearts Malabar Clinical Solutions Private Limited's registered office is in Kottakkal, Kerala. Its website is heartsmalabar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPilathara Near Mathrubhoomi Office Po. Randathani, Kottakkal, Kerala, India – 676510
- IndustryHealthcare, Hospitals
To see the full contact details of Hearts Malabar Clinical Solutions Private Limited, buy the company report.
Comprehensive company report
Hearts Malabar Clinical 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 Hearts Malabar Clinical Solutions 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 |
To see the full business activity and turnover split of Hearts Malabar Clinical Solutions Private Limited, buy the company report.
Financials of Hearts Malabar Clinical Solutions Private Limited
FY 2025 filings availableHearts Malabar Clinical Solutions Private Limited reported revenue of ₹31.27 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹31.27 Cr ▼ 3%
Net loss · FY 2025
₹46.81 Lakh margin -1.5%
EBITDA · FY 2025
₹1.4 Cr margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 67%
3 years · compounded
▼ 34%
Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 3% fall in the latest year. EBITDA rose 67% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹46.81 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | -1.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Hearts Malabar Clinical Solutions Private Limited, buy the company report.
Board of directors of Hearts Malabar Clinical Solutions Private Limited
Hearts Malabar Clinical Solutions has 7 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Cheriya Kachery Byju | Managing Director | 30 Apr 2013 | 13 Years 6 Months | Current |
| Ravi Kizhedath | Additional Director | 04 Nov 2013 | 13 Years 0 Months | Current |
| Bijoy Ouseph | Director | 27 Jul 2017 | 9 Years 3 Months | Current |
| Karuvante Kelappan Valappil | Director | 30 Apr 2013 | 13 Years 6 Months | Current |
| Vandana Prabhakaran | Additional Director | 04 Nov 2013 | 13 Years 0 Months | Current |
| Amandrakeloth Muraleedharan Also directs: Sathmya Ayurvedic Health Solutions Private Limited | Additional Director | 04 Nov 2013 | 13 Years 0 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Hearts Malabar Clinical Solutions Private Limited is compared with the 7 companies closest to it by revenue in the Healthcare industry (Multi Specialty Hospitals), with 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 |
|---|---|---|---|---|---|---|
| Oriana Hospital Private Limited | ₹31.66 Cr (FY 2024) | 36.0% | Varanasi, Uttar Pradesh, India | |||
| Chennai Urology and Robotics Institute Private Limited | ₹31.65 Cr (FY 2024) | 9.0% | Chennai, Tamil Nadu, India | |||
| Paramount Hospitals Pvt. Ltd. | ₹31.59 Cr (FY 2024) | 19.0% | Silguri, West Bengal, India | |||
| Patni Healthcare Private Limited | ₹31.35 Cr (FY 2025) | -23.0% | Mumbai, Maharashtra, India | |||
| Hearts Malabar Clinical Solutions Private Limitedthis company | ₹31.27 Cr (FY 2025) | -₹46.81 Lakh | -1.5% | -3.0% | 90 | Kottakkal, Kerala, India |
| Soni Medicare Limited | ₹31.18 Cr (FY 2025) | 9.0% | Jaipur, Rajasthan, India | |||
| DMR Hospitals Private Limited | ₹31.18 Cr (FY 2025) | -10.0% | New Delhi, Delhi, India | |||
| Oxygen Medicare (Cancer Care) Private Limited | ₹31.15 Cr (FY 2021) | 34.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Hearts Malabar Clinical Solutions Private Limited, buy the company report.
Auditor
Hearts Malabar Clinical Solutions Private Limited is audited by AJM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJM & ASSOCIATES | FY 2023 | 0142855 |
Shareholding
The shareholding of Hearts Malabar Clinical 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hearts Malabar Clinical Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.35 Cr
Satisfied charges
₹11.56 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jul 2015 | 10585566 | De Lage Landen Financial Services India Private Limited | ₹4.35 Cr | Open | |
| 18 May 2018 | 100188154 | Others | ₹11.47 Lakh | Satisfied | |
| 19 May 2016 | 100032078 | State Bank of Travancore | ₹2.5 Cr | Satisfied | |
| 22 Feb 2016 | 10621997 | Srei Equipment Finance Limited | ₹1.04 Cr | Satisfied | |
| 22 Jan 2016 | 10615355 | Srei Equipment Finance Limited | ₹39.63 Lakh | Satisfied |
To see the full charge records of Hearts Malabar Clinical Solutions Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Hearts Malabar Clinical Solutions Private Limited has 5 deals on record (3 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.63 Cr; the latest was in March 2018.
Total deals
5
Rights issues
3
Funding round
1
Secondary share transfer
1
Disclosed funding
₹1.63 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Rights issue | ₹8 Lakh | Investors: Hearts Malabar Health Solutions LLP , 3 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2016 | Rights issue | ₹1.24 Cr | Investors: 4 individuals |
| Apr 2015 | Rights issue | ₹1.59 Cr | Investors: 4 individuals |
| Mar 2014 | Funding round | ₹1.63 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hearts Malabar Clinical Solutions Private Limited has 5 court cases on record: 1 filed by Hearts Malabar Clinical Solutions, 4 filed against it. All cases are disposed.
Total cases
5
Filed by the company
1
Filed against the company
4
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| NCLAT | 2 | 2 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Equipment Finance Ltd | Disposed |
| NCLAT, Court I | Tribunal matter | Filed against the company by individuals | Disposed |
| District court, Kozhikode, Kerala | Civil suit | Filed against the company by an individual | Disposed |
| District court, Malappuram, Kerala | Court case (AOP) | Filed by the company against an individual | Disposed |
To see the full case history of Hearts Malabar Clinical Solutions 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.
Credit ratings & regulatory alerts
Hearts Malabar Clinical Solutions Private Limited was last rated by Indiarating on 24 May 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 24 May 2019 |
To see the full credit ratings and regulatory alerts of Hearts Malabar Clinical Solutions Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hearts Malabar Clinical Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hearts Malabar Clinical Solutions Private Limited has a workforce of 90 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
90
Active EPFO establishments
1
Employee growth
3.4%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 90 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 |
To see the full employee and EPFO history of Hearts Malabar Clinical Solutions Private Limited, buy the company report.
GST
Hearts Malabar Clinical Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCH1734Q1ZH | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hearts Malabar Clinical Solutions Private Limited, buy the company report.
Recent activity
Hearts Malabar Clinical Solutions Private Limited has 9 board changes on record since 2013: 7 appointments and 2 cessations. The latest: Bijoy Jacob ceased to be Additional Director on 23 Nov 2017.
Charges
A charge registered on 29 Apr 2015 via Charge ID 10570792 with State Bank Of Travancore was fully satisfied on 09 Dec 2025.
Charges
A charge registered on 18 May 2018 via Charge ID 100188154 with Others was fully satisfied on 24 Nov 2025.
AGM
Hearts Malabar Clinical Solutions Private Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Charges
A charge registered on 22 Feb 2016 via Charge ID 10621997 with Srei Equipment Finance Limited was fully satisfied on 16 Sep 2025.
Charges
A charge registered on 22 Jan 2016 via Charge ID 10615355 with Srei Equipment Finance Limited was fully satisfied on 16 Sep 2025.
Filing
Hearts Malabar Clinical Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge registered on 19 May 2016 via Charge ID 100032078 with State Bank Of Travancore was fully satisfied on 21 Aug 2023.
Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100188154 was registered on 18 May 2018.
Ceased
Bijoy Jacob ceased to be Additional Director.
Ceased
Bijoy Ouseph ceased to be Additional Director.
Appointed
Bijoy Ouseph was appointed as Director.
Charges
A charge with State Bank Of Travancore amounted to Rs. 2.50 Cr with Charge ID 100032078 was registered on 19 May 2016.
11 earlier events are in the company report.
Frequently asked questions
Hearts Malabar Clinical Solutions is an active private limited company based in Kottakkal, Kerala, India. The company works in hospitals, within the healthcare industry. It was incorporated on 30 April 2013 (13+ years old) and is registered under CIN U51397KL2013PTC033968.
Hearts Malabar Clinical Solutions has 7 current directors:
- Cheriya Kachery Byju - Managing Director
- Ravi Kizhedath - Additional Director
- Bijoy Ouseph - Director
- Karuvante Kelappan Valappil - Director
- Vandana Prabhakaran - Additional Director
- Amandrakeloth Muraleedharan - Additional Director
- Sreeram Gopalakrishnan - Additional Director
The latest financial statements of Hearts Malabar Clinical Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Hearts Malabar Clinical Solutions is 32AADCH1734Q1ZH, registered in Kerala. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Hearts Malabar Clinical Solutions is U51397KL2013PTC033968. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hearts Malabar Clinical Solutions has 5 court cases on record: 1 filed by the company and 4 filed against it. Most are in the district courts.
Hearts Malabar Clinical Solutions was incorporated on 30 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
Hearts Malabar Clinical Solutions has 5 deals on record (3 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.63 Cr; the latest was in March 2018.
The peers of Hearts Malabar Clinical Solutions by revenue are Oriana Hospital Private Limited, Chennai Urology and Robotics Institute Private Limited, Paramount Hospitals Pvt. Ltd, Patni Healthcare Private Limited, Soni Medicare Limited and 2 more, all in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities).
Bijoy Jacob ceased to be Additional Director on 23 Nov 2017. Bijoy Ouseph ceased to be Additional Director on 30 Sep 2017. Bijoy Ouseph was appointed as Director on 27 Jul 2017. Hearts Malabar Clinical Solutions has 9 board changes on record in total.
Yes, Hearts Malabar Clinical Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KL-09-0004935).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages