About Icon Hospital Private Limited
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Icon Hospital Private Limited is a private limited company based in Dombivli, Maharashtra, India. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 01 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85110MH2003PTC140235. Its GSTIN is 27AABCI2487B1ZS (Maharashtra).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹3.87 Lakh. It is led by directors including Ramchandra Krishna Varma and Kirti Dilip Patil.
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 Icon Hospital Opp. Mahavir Nagar Manpada Road Dombivli East Thane, Maharashtra, India – 421201.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.23 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹1.66 Cr (net margin 4%) and EBITDA of ₹2.71 Cr (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 18% over five years.
The company has about 81 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Icon Hospitals and ICON Hospital. As per MCA filings, the company has satisfied charges of ₹3.35 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iconhospital.com.
Company details
Contact details
Icon Hospital Private Limited's registered office is in Dombivli, Maharashtra. Its website is iconhospital.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressIcon Hospital Opp. Mahavir Nagar Manpada Road Dombivli East Thane, Maharashtra, India – 421201
- IndustryHealthcare, Hospitals
To see the full contact details of Icon Hospital 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
Brands
Icon Hospital operates two associated brands: Icon Hospitals and ICON Hospital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Standalone multispecialty hospital | iconhospitals.in | |
| Multispecialty hospital services focusing on emergency, cardiac, and specialized care in Dombivli, India. | iconhospital.com |
Business activity
The main business activity of Icon Hospital 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 Icon Hospital Private Limited, buy the company report.
Financials of Icon Hospital Private Limited
FY 2024 filings availableIcon Hospital Private Limited reported revenue of ₹41.23 Cr (up 66% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 66% growth in the latest year. EBITDA rose 31% 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 | ₹2.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.66 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Icon Hospital Private Limited, buy the company report.
Board of directors of Icon Hospital Private Limited
Icon Hospital has 12 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramchandra Krishna Varma | Director | 01 May 2005 | 21 Years 6 Months | Current |
| Kirti Dilip Patil | Director | 01 Apr 2017 | 9 Years 7 Months | Current |
| Asmita Ameya Sahasrabudhe Also directs: Aloka Diagnostics LLP | Director | 01 Apr 2017 | 9 Years 7 Months | Current |
| Shakuntala Daga Jatanlal | Director | 01 Apr 2017 | 9 Years 7 Months | Current |
| Dilip Anantrao Patil | Director | 01 May 2003 | 23 Years 6 Months | Current |
| Veena Suresh Thakkar | Director | 01 Apr 2017 | 9 Years 7 Months | Current |
Peer comparison
Icon Hospital Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Sentini Hospitals Private Limited | ₹41.58 Cr (FY 2025) | 3.0% | Hyderabad, Telangana, India | |||
| Arunodaya Hospitals Private Limited | ₹41.5 Cr (FY 2025) | 8.0% | Srikakulam, Andhra Pradesh, India | |||
| Suretech Hospital and Research Centre Limited | ₹41.35 Cr (FY 2025) | -4.0% | Nagpur, Maharashtra, India | |||
| Srishti Hospitals and Research Centre Private Limited | ₹41.31 Cr (FY 2024) | 3.0% | Dibrugarh, Assam, India | |||
| Icon Hospital Private Limitedthis company | ₹41.23 Cr (FY 2024) | ₹1.66 Cr | 4% | 66.0% | 81 | Dombivli, Maharashtra, India |
| Udayananda Health Care Private Limited | ₹41.16 Cr (FY 2025) | 20.0% | Nandyal, Andhra Pradesh, India | |||
| NH Integrated Care Private Limited | ₹41.06 Cr (FY 2025) | 84.0% | Bangalore, Karnataka, India | |||
| KNS Memorial Hospital Private Limited | ₹41.04 Cr (FY 2025) | 24.0% | Lucknow, Uttar Pradesh, India | |||
| Gokul Life Care Private Limited | ₹40.97 Cr (FY 2025) | 10.0% | Rajkot, Gujarat, India | |||
| Maa Hospitals Private Limited | ₹40.94 Cr (FY 2025) | 5.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Icon Hospital Private Limited, buy the company report.
Auditor
Icon Hospital Private Limited is audited by MARRK & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MARRK & ASSOCIATES | FY 2023 | 118573W |
Shareholding
The shareholding of Icon Hospital 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 Icon Hospital Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2007 | 10085044 | Ge Capital Services India | ₹12 Lakh | Satisfied | |
| 08 Aug 2005 | 90145787 | Corportion Bank | ₹3.23 Cr | Satisfied |
To see the full charge records of Icon Hospital Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Icon Hospital Private Limited has 5 court cases on record: 3 filed by Icon Hospital, 2 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (MCA) | Filed against the company by M/S Jyotee Nutritious Diet Private Ltd. THR. Its M.D. | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref IDA) | Filed by the company against individuals | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Referene (IT)) | Filed by the company against an individual | Disposed |
To see the full case history of Icon Hospital 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 Icon Hospital Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Icon Hospital Private Limited has a workforce of 81 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Icon Hospital has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI2487B1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Icon Hospital Private Limited, buy the company report.
Recent activity
Icon Hospital Private Limited has 18 board changes on record since 2003: 12 appointments and 6 cessations. The latest: Rashmi Shrirang Phansalkar was appointed as Additional Director on 17 Feb 2022.
13 earlier events are in the company report.
Frequently asked questions
Icon Hospital is an active private limited company based in Dombivli, Maharashtra, India. The company works in hospitals, within the healthcare industry. It was incorporated on 01 May 2003 (23+ years old) and is registered under CIN U85110MH2003PTC140235.
Icon Hospital has 12 current directors:
- Ramchandra Krishna Varma - Director
- Kirti Dilip Patil - Director
- Asmita Ameya Sahasrabudhe - Director
- Shakuntala Daga Jatanlal - Director
- Dilip Anantrao Patil - Director
- Veena Suresh Thakkar - Director
- Anil Bindurao Dixit - Director
- Shrirang Govind Phansalkar - Director
- Rashmi Shrirang Phansalkar - Additional Director
- Jatanlal Ghisulal Daga - Director
- Shreedevi Ramchandra Varma - Director
- Suresh Jerambhai Thakkar - Director
The latest financial statements of Icon Hospital 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 Icon Hospital is 27AABCI2487B1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Icon Hospital is U85110MH2003PTC140235. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icon Hospital has 5 court cases on record: 3 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Icon Hospital was incorporated on 01 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Icon Hospital by revenue are Sentini Hospitals Private Limited, Arunodaya Hospitals Private Limited, Suretech Hospital and Research Centre Limited, Srishti Hospitals and Research Centre Private Limited, Udayananda Health Care Private Limited and 4 more, all in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities).
Rashmi Shrirang Phansalkar was appointed as Additional Director on 17 Feb 2022. Asmita Ameya Sahasrabudhe ceased to be Additional Director on 29 Sep 2017. Kirti Dilip Patil ceased to be Additional Director on 29 Sep 2017. Icon Hospital has 18 board changes on record in total.
Icon Hospital can be reached through the website iconhospital.com. Its registered office is in Dombivli, Maharashtra, India.
The registered office of Icon Hospital is at Icon Hospital Opp. Mahavir Nagar Manpada Road Dombivli East Thane, Maharashtra, India – 421201.
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