MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-05-0040183
Hero Eco Med Private Limited - healthcare in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.53 Cr
▼ 14% YoY
Net loss · FY 2024
₹2.85 Cr
Net margin -24.7%
EBITDA · FY 2024
-₹4.71 Cr
EBITDA margin -40.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹8 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
42
Provident fund records
About Hero Eco Med Private Limited
Data last updated:
Hero Eco Med Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 24 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U33110DL2011PTC226707. Its GSTIN is 07AARFN6204G1Z6 (Delhi). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vijay Munjal and Vandana Munjal.
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 111 First Floor Hans Bhawan 2nd Wing, 1 Bahadur Shah Zafar Marg, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.53 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹2.85 Cr (net margin -24.7%) and EBITDA of -₹4.71 Cr (EBITDA margin -40.9%).
The company has about 42 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hero Eco Med. As per MCA filings, the company has open charges of ₹8 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending.
Hero Eco Med Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0040183). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website heroecomed.com.
Company details
CIN U33110DL2011PTC226707
Registration Number 226707
Incorporation Date 24 October 2011
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-05-0040183
Recognitions & Rankings of Hero Eco Med
Contact details
Hero Eco Med Private Limited's registered office is in New Delhi, Delhi. Its website is heroecomed.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address111 First Floor Hans Bhawan 2nd Wing, 1 Bahadur Shah Zafar Marg, New Delhi, Delhi, India – 110002
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Hero Eco Med Private Limited, buy the company report.
Comprehensive company report
Hero Eco Med 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
Brands
Hero Eco Med operates one associated brand: Hero Eco Med. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Healthcare equipment manufacturing and sales of mobility aids, including wheelchairs and walkers, in India. | heroecomed.com |
Business activity
The main business activity of Hero Eco Med is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Hero Eco Med Private Limited, buy the company report.
Financials of Hero Eco Med Private Limited
FY 2025 filings availableHero Eco Med Private Limited reported revenue of ₹11.53 Cr (down 14% YoY) for FY 2024.
Revenue · FY 2024
₹11.53 Cr ▼ 14%
Net loss · FY 2024
₹2.85 Cr margin -24.7%
EBITDA · FY 2024
-₹4.71 Cr margin -40.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 14%
EBITDA CAGR growth
1 year
▼ 25%
5 years · compounded
▼ 366%
Revenue fell 14% in the latest year. EBITDA fell 25% 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 | -₹4.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.85 Cr | ||||
| 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 | -40.9% | ||||
| Net Profit Margin | -24.7% | ||||
| 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 Hero Eco Med Private Limited, buy the company report.
Board of directors of Hero Eco Med Private Limited
Hero Eco Med has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Munjal Also directs: Ludhiana Angels Network LLP, Hero Electric Devices Private Limited, Fairwell Engineers Private Limited and 5 more | Director | 24 Oct 2011 | 15 Years 0 Months | Current |
| Vandana Munjal | Director | 20 Jan 2022 | 4 Years 9 Months | Current |
| Gaurav Munjal Also directs: Fairwell Engineers Private Limited, Mediva Health Care Private Limited, Hero Ecotech Limited and 5 more | Director | 24 Oct 2011 | 15 Years 0 Months | Current |
Peer comparison
Hero Eco Med Private Limited is compared with the 4 companies closest to it by revenue in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fleischhacker Manufacturing Company India Private Limited | ₹11.66 Cr (FY 2018) | 58.0% | Delhi, India | |||
| CR Medisystems Private Limited | ₹11.54 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Hero Eco Med Private Limitedthis company | ₹11.53 Cr (FY 2024) | -₹2.85 Cr | -24.7% | -14.0% | 42 | New Delhi, Delhi, India |
| Ophthalmic Marketing and Services Private Limited | ₹11.41 Cr (FY 2025) | 4.0% | Ahmedabad, Gujarat, India | |||
| York Scientific Industries Private Limited | ₹11.39 Cr (FY 2024) | -54.0% | New Delhi, Delhi, India |
To see the full peer comparison of Hero Eco Med Private Limited, buy the company report.
Auditor
Hero Eco Med Private Limited is audited by B D BANSAL & CO' for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B D BANSAL & CO' | FY 2022 | 000621N |
Shareholding
The shareholding of Hero Eco Med 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 Hero Eco Med Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Feb 2023 | 100683623 | Hdfc Bank Limited | ₹8 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Hero Eco Med Private Limited has 4 court cases on record: 4 filed by Hero Eco Med. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
4
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against Swastik Enterprises | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Sarla Medicals | Disposed |
| High Court of Delhi | Commercial suit | Filed by the company against M S Medeva India & Anr. | Disposed |
To see the full case history of Hero Eco Med 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
Hero Eco Med Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 13 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Batra Polyfab Pvt Ltd | |||
| an individual supplier | |||
| Varun Auto Industries | |||
| Vardhman Textile Components Limited | |||
| Royal Industries |
To see the full MSME payment records of Hero Eco Med Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hero Eco Med Private Limited has a workforce of 42 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
Employee count
42
Active EPFO establishments
1
Employee growth
7.69%
GST
Hero Eco Med has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
6
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AARFN6204G1Z6 | Delhi | Active | 15 Oct 2020 |
| 07AACCH9745A2ZO | Delhi | Active | 17 Aug 2021 |
| 03AACCH9745A1ZX | Punjab | Active | 16 Oct 2020 |
| 27AACCH9745A1ZN | Maharashtra | Active | 09 Aug 2021 |
To see the full GST registrations and return filing status of Hero Eco Med Private Limited, buy the company report.
Recent activity
Hero Eco Med Private Limited has 5 board changes on record since 2011: 4 appointments and 1 cessation. The latest: Naveen Munjal ceased to be Director on 14 Oct 2024.
AGM
Hero Eco Med Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hero Eco Med Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Ceased
Naveen Munjal ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 800.00 Lakh with Charge ID 100683623 was registered on 03 Feb 2023.
Appointed
Vandana Munjal was appointed as Director.
Appointed
Gaurav Munjal was appointed as Director.
Appointed
Naveen Munjal was appointed as Director.
Appointed
Vijay Munjal was appointed as Director.
Incorporation
24 Oct 2011
Hero Eco Med Private Limited was registered on 24 Oct 2011 with Roc Delhi Ii & aged 15 years 13 days as per MCA records.
Frequently asked questions
Hero Eco Med is an active private limited company based in New Delhi, Delhi, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 24 October 2011 (15+ years old) and is registered under CIN U33110DL2011PTC226707.
Hero Eco Med has 3 current directors:
- Vijay Munjal - Director
- Vandana Munjal - Director
- Gaurav Munjal - Director
The latest financial statements of Hero Eco Med 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 GSTIN of Hero Eco Med is 07AARFN6204G1Z6, registered in Delhi. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 07AACCH9745A2ZO (Delhi), 03AACCH9745A1ZX (Punjab), 27AACCH9745A1ZN (Maharashtra).
The CIN (Corporate Identification Number) of Hero Eco Med is U33110DL2011PTC226707. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hero Eco Med has 4 court cases on record: 4 filed by the company. 2 are pending. Most are in the district courts.
Hero Eco Med was incorporated on 24 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Hero Eco Med by revenue are Fleischhacker Manufacturing Company India Private Limited, CR Medisystems Private Limited, Ophthalmic Marketing and Services Private Limited, York Scientific Industries Private Limited, all in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Naveen Munjal ceased to be Director on 14 Oct 2024. Vandana Munjal was appointed as Director on 20 Jan 2022. Gaurav Munjal was appointed as Director on 24 Oct 2011. Hero Eco Med has 5 board changes on record in total.
Yes, Hero Eco Med is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0040183).
Hero Eco Med has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 13 overdue payments to 13 micro and small suppliers. The latest return was filed on 03 Dec 2023.
Hero Eco Med can be reached through the website heroecomed.com. Its registered office is in New Delhi, Delhi, India.
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