Innotech Systems Private Limited

Innotech Systems Private Limited - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74120MH2012PTC231570 Incorporated 28 May 2012 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company healthcare MSME · Micro
Data last updated
Revenue · FY 2025
₹4.59 Cr
▲ 19% YoY
Net profit · FY 2025
₹43.06 Lakh
Net margin 9.4%
EBITDA · FY 2025
₹64.98 Lakh
EBITDA margin 14.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹1 Cr
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings

About Innotech Systems Private Limited

Data last updated:

Innotech Systems 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 28 May 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012PTC231570. Its GSTIN is 27AACCI9640P1ZX (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Qualitest Private Limited. It is led by directors Sudha Ravindra Havaldar and Ravindra Shrinivas Havaldar.

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 A/105 Diamond Industrial Estate Ketki Pada Road Dahisar(E), Mumbai, Maharashtra, India – 400068.

As per the financials filed for FY 2025, the company reported a revenue of ₹4.59 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹43.06 Lakh (net margin 9.4%) and EBITDA of ₹64.98 Lakh (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 12% over five years.

As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹1 Cr on record.

Innotech Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0072894). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innotechsystems.in.

Company details

CIN U74120MH2012PTC231570
Registration Number 231570
Incorporation Date 28 May 2012
ROC Mumbai
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 Micro
Udyam Registration UDYAM-MH-18-0072894

Recognitions & Rankings of Innotech Systems

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0072894

Contact details

Innotech Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is innotechsystems.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    A/105 Diamond Industrial Estate Ketki Pada Road Dahisar(E), Mumbai, Maharashtra, India – 400068
  • Industry
    Healthcare, Medical Equipment Retail & Distribution

To see the full contact details of Innotech Systems Private Limited, buy the company report.

Comprehensive company report
Innotech Systems 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
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Business activity

The main business activities of Innotech Systems are wholesale and retail trade; repair of motor vehicles and motorcycles and professional, scientific and technical activities. In detail, this covers retail trade, except of motor vehicles and motorcycles and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles47Retail trade, except of motor vehicles and motorcycles
MProfessional, scientific and technical activities74Other professional, scientific and technical activities

To see the full business activity and turnover split of Innotech Systems Private Limited, buy the company report.

Financials of Innotech Systems Private Limited

FY 2025 filings available

Innotech Systems Private Limited reported revenue of ₹4.59 Cr (up 19% YoY) for FY 2025.

Revenue · FY 2025
₹4.59 Cr ▲ 19%
Net profit · FY 2025
₹43.06 Lakh margin 9.4%
EBITDA · FY 2025
₹64.98 Lakh margin 14.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 70%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 78%
3 years · compounded
▲ 70%
5 years · compounded
▲ 22%

Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 19% growth in the latest year. EBITDA rose 78% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹64.98 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹43.06 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin14.2%
Net Profit Margin9.4%
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 Innotech Systems Private Limited, buy the company report.

Board of directors of Innotech Systems Private Limited

Innotech Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sudha Ravindra HavaldarDirector19 Apr 20197 Years 6 MonthsCurrent
Ravindra Shrinivas HavaldarDirector28 May 201214 Years 5 MonthsCurrent

Auditor

Innotech Systems Private Limited is audited by S C MEHRA & ASSOCIATES LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S C MEHRA & ASSOCIATES LLPFY 2023106156W/W100305

Shareholding

The shareholding of Innotech Systems 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 Innotech Systems Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1 Cr
Satisfied charges
₹1 Cr
Breakdown by lending institutions
Others₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Jul 2024100959830Others₹1 CrOpen
26 Dec 2018100229171Others₹30 LakhSatisfied
06 Aug 201310445179Others₹70 LakhSatisfied

To see the full charge records of Innotech Systems Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Innotech Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Innotech Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AACCI9640P1ZXMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Innotech Systems Private Limited, buy the company report.

Recent activity

Innotech Systems Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Kavari Shrinivas Havaldar ceased to be Director on 24 Oct 2019.

AGM
Innotech Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innotech Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100959830 was registered on 26 Jul 2024.
Charges
A charge registered on 26 Dec 2018 via Charge ID 100229171 with Others was fully satisfied on 07 Jan 2021.
Charges
A charge registered on 06 Aug 2013 via Charge ID 10445179 with Others was fully satisfied on 07 Jan 2021.
Charges
A charge with Others of Rs. 30.00 Lakh registered on 26 Dec 2018 with Charge ID 100229171 was modified on 13 Jan 2020.
Charges
A charge with Others of Rs. 70.00 Lakh registered on 06 Aug 2013 with Charge ID 10445179 was modified on 13 Jan 2020.
Ceased
Kavari Shrinivas Havaldar ceased to be Director.
Appointed
Sudha Ravindra Havaldar was appointed as Director.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 100229171 was registered on 26 Dec 2018.
Charges
A charge with Others amounted to Rs. 70.00 Lakh with Charge ID 10445179 was registered on 06 Aug 2013.
Appointed
Ravindra Shrinivas Havaldar was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Innotech Systems 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 28 May 2012 (14+ years old) and is registered under CIN U74120MH2012PTC231570.

Innotech Systems has 2 current directors:

The latest financial statements of Innotech Systems 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 Innotech Systems is 27AACCI9640P1ZX, registered in Maharashtra. 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 Innotech Systems is U74120MH2012PTC231570. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Innotech Systems was incorporated on 28 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.

Kavari Shrinivas Havaldar ceased to be Director on 24 Oct 2019. Sudha Ravindra Havaldar was appointed as Director on 19 Apr 2019. Ravindra Shrinivas Havaldar was appointed as Director on 28 May 2012.

Yes, Innotech Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0072894).

Innotech Systems can be reached through the website innotechsystems.in. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Innotech Systems is at A105 Diamond Industrial Estate Ketki Pada Road DahisarE, Mumbai, Maharashtra, India – 400068.