MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-18-0002772
Lars Medicare Private Limited - healthcare in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹93.58 Cr
▲ 14% YoY
Net profit · FY 2024
₹12.11 Cr
Net margin 12.9%
EBITDA · FY 2024
₹19.23 Cr
EBITDA margin 20.6%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.17 Cr
Issued & subscribed
Open charges
₹51.5 Cr
Satisfied ₹23.56 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
203
Provident fund records
About Lars Medicare Private Limited
Data last updated:
Lars Medicare Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 17 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U33112DL2005PTC142640. Its GSTIN is 07AABCL1302Q1ZK (Delhi). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.17 Cr. It is led by directors including Aavanta Goel and Sanjay Goel.
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 136 2nd Floor Avatar Enclave Paschim Vihar, New Delhi, Delhi, India – 110063.
As per the financials filed for FY 2024, the company reported a revenue of ₹93.58 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹12.11 Cr (net margin 12.9%) and EBITDA of ₹19.23 Cr (EBITDA margin 20.6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 8% over five years.
The company has about 203 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Lars Medicare. As per MCA filings, the company has open charges of ₹51.5 Cr and satisfied charges of ₹23.56 Cr on record. Court records list 58 cases involving the company, including 46 filed by the company and 12 filed against it; 21 cases are pending. The company has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹3.5 Cr; the latest was in March 2012. The company has 5 MSME Form 1 returns on record between 2017 and 2020, listing 13 overdue payments to 8 micro and small suppliers.
Lars Medicare Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-18-0002772). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website larsmedicare.com.
Company details
CIN U33112DL2005PTC142640
Registration Number 142640
Incorporation Date 17 November 2005
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-18-0002772
Recognitions & Rankings of Lars Medicare
Contact details
Lars Medicare Private Limited's registered office is in New Delhi, Delhi. Its website is larsmedicare.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address136 2nd Floor Avatar Enclave Paschim Vihar, New Delhi, Delhi, India – 110063
- IndustryHealthcare, Medical Consumables & Supplies
To see the full contact details of Lars Medicare Private Limited, buy the company report.
Comprehensive company report
Lars Medicare 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
Lars Medicare operates one associated brand: Lars Medicare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Medical equipment manufacturing and supply in the healthcare sector. | larsmedicare.com |
Business activity
The main business activity of Lars Medicare is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Lars Medicare Private Limited, buy the company report.
Financials of Lars Medicare Private Limited
FY 2024 filings availableLars Medicare Private Limited reported revenue of ₹93.58 Cr (up 14% YoY) for FY 2024.
Revenue · FY 2024
₹93.58 Cr ▲ 14%
Net profit · FY 2024
₹12.11 Cr margin 12.9%
EBITDA · FY 2024
₹19.23 Cr margin 20.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 10%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 120%
3 years · compounded
▲ 30%
5 years · compounded
▲ 11%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 14% growth in the latest year. EBITDA rose 120% 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 | ₹19.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.11 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 | 20.6% | ||||
| Net Profit Margin | 12.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Lars Medicare Private Limited, buy the company report.
Board of directors of Lars Medicare Private Limited
Lars Medicare has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sakshi Goel Also directs: Medivac Surgical Private Limited, S G Medicare Private Limited | Additional Director | 01 Dec 2009 | 16 Years 10 Months | Current |
| Aavanta Goel Also directs: Eco Smart Industrial Park LLP | Director | 14 Jan 2022 | 4 Years 9 Months | Current |
| Sanjay Goel | Director | 17 Nov 2005 | 20 Years 11 Months | Current |
Auditor
Lars Medicare Private Limited is audited by Anil Khatri & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anil Khatri & Co. | FY 2023 | 008469N |
Shareholding
The shareholding of Lars Medicare 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 Lars Medicare Private Limited, buy the company report.
Charges & borrowings
Open charges
₹51.5 Cr
Satisfied charges
₹23.56 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2014 | 10543198 | Hdfc Bank Limited | ₹51.5 Cr | Open | |
| 28 Mar 2009 | 10153749 | State Bank of India | ₹7.74 Cr | Satisfied | |
| 05 Feb 2007 | 10043686 | State Bank of India | ₹15.82 Cr | Satisfied |
To see the full charge records of Lars Medicare Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Lars Medicare Private Limited has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹3.5 Cr; the latest was in March 2012.
Total deals
9
Funding rounds
5
Secondary share transfers
4
Disclosed funding
₹3.5 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2011 | Funding round | ₹65 Lakh | Investors: S G Medicare Private Limited , Sanjay Goel & Sons Huf, 2 individuals |
| Jun 2010 | Secondary share transfer | Undisclosed | Buyer: S G Medicare Private Limited , Sanjay Goel & Sons Huf, 2 individuals Seller: Sunder Lal Goel HUF, 3 individuals |
| Mar 2010 | Funding round | ₹36.9 Lakh | Investors: Mukul Mills Pvt Ltd , Gajeshwar Sales Pvt Ltd , Sanjay Goel & Sons Huf |
| Oct 2008 | Secondary share transfer | Undisclosed | Buyer: Sanjay Goel & Sons Huf, 3 individuals Seller: Goel Bearings Pvt Ltd , 3 individuals |
| Mar 2008 | Funding round | ₹1.1 Cr | Investors: Goel Bearings Pvt Ltd , Sandeep Goel & Sons Huf, Sunder Lal Goel HUF |
To see the full deal history of Lars Medicare Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lars Medicare Private Limited has 58 court cases on record: 46 filed by Lars Medicare, 12 filed against it. 21 cases are pending and 37 are disposed.
Total cases
58
Filed by the company
46
Filed against the company
12
Pending
21
Disposed
37
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 55 | 11 | 19 |
| High courts | 3 | 1 | 2 |
Cases on record (5 of 58)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed by the company against Ambition Box and 1 other | Pending |
| District court, Sonepat, Haryana | Court case (COMI) | Filed by the company against Kerala Medical Services Corporation Ltd | Pending |
| High Court of Kerala | Writ petition | Filed against the company by Kerala Medical Services Corporation Ltd, Thycaud P.O., | Disposed |
| District court, West, Delhi | Civil suit | Filed by the company against Lifeline Services Pvt Ltd | Disposed |
| District court, Sonepat, Haryana | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Lars Medicare 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
Lars Medicare Private Limited has 5 MSME Form 1 returns on record between 2017 and 2020, listing 13 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Synergistix (India) Private Limited | |||
| an individual supplier | |||
| Adroit Control Engineers Private Limited | |||
| Best Spring Forms Private Limited |
To see the full MSME payment records of Lars Medicare Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Lars Medicare 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
Employees & EPFO
Lars Medicare Private Limited has a workforce of 203 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
Employee count
203
Active EPFO establishments
2
Employee growth
-14.71%
GST
Lars Medicare has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCL1302Q1ZK | Delhi | Active | 01 Jul 2017 |
| 06AABCL1302Q1ZM | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lars Medicare Private Limited, buy the company report.
Recent activity
Lars Medicare Private Limited has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Aavanta Goel ceased to be Additional Director on 30 Sep 2022.
AGM
Lars Medicare Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Lars Medicare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited of Rs. 51.50 Cr registered on 28 Nov 2014 with Charge ID 10543198 was modified on 31 Dec 2022.
Ceased
Aavanta Goel ceased to be Additional Director.
Appointed
Aavanta Goel was appointed as Director.
Charges
A charge registered on 05 Feb 2007 via Charge ID 10043686 with State Bank Of India was fully satisfied on 02 Feb 2015.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 51.50 Cr with Charge ID 10543198 was registered on 28 Nov 2014.
Charges
A charge registered on 28 Mar 2009 via Charge ID 10153749 with State Bank Of India was fully satisfied on 18 Dec 2012.
Charges
A charge with State Bank Of India of Rs. 15.82 Cr registered on 05 Feb 2007 with Charge ID 10043686 was modified on 29 Oct 2011.
Ceased
Sunder Lal Goel ceased to be Director.
Charges
A charge with State Bank Of India of Rs. 7.74 Cr registered on 28 Mar 2009 with Charge ID 10153749 was modified on 27 Mar 2010.
Appointed
Sakshi Goel was appointed as Additional Director.
5 earlier events are in the company report.
Frequently asked questions
Lars Medicare is an active private limited company based in New Delhi, Delhi, India. The company works in medical consumables and supplies, within the healthcare industry. It was incorporated on 17 November 2005 (21+ years old) and is registered under CIN U33112DL2005PTC142640.
Lars Medicare has 3 current directors:
- Sakshi Goel - Additional Director
- Aavanta Goel - Director
- Sanjay Goel - Director
The latest financial statements of Lars Medicare 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 Lars Medicare is 07AABCL1302Q1ZK, registered in Delhi. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 06AABCL1302Q1ZM (Haryana).
The CIN (Corporate Identification Number) of Lars Medicare is U33112DL2005PTC142640. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lars Medicare has 58 court cases on record: 46 filed by the company and 12 filed against it. 21 are pending. Most are in the district courts.
Lars Medicare was incorporated on 17 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Lars Medicare has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹3.5 Cr; the latest was in March 2012.
Aavanta Goel ceased to be Additional Director on 30 Sep 2022. Aavanta Goel was appointed as Director on 14 Jan 2022. Sunder Lal Goel ceased to be Director on 16 Aug 2010. Lars Medicare has 6 board changes on record in total.
Yes, Lars Medicare is registered as a small enterprise under Udyam registration (number: UDYAM-HR-18-0002772).
Lars Medicare has 5 MSME Form 1 returns on record between 2017 and 2020, listing 13 overdue payments to 8 micro and small suppliers. The latest return was filed on 03 Oct 2020.