MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-TS-02-0021102
Maxivision Eye Hospitals Private Limited - healthcare in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹404.34 Cr
▲ 19% YoY
Net profit · FY 2025
₹47.91 Cr
Net margin 11.8%
EBITDA · FY 2025
₹130.88 Cr
EBITDA margin 32.4%
Authorised capital
₹476.78 Cr
Registered with MCA
Paid-up capital
₹470.67 Cr
Issued & subscribed
Open charges
₹82.38 Cr
Satisfied ₹187.71 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
1,023
Provident fund records
About Maxivision Eye Hospitals Private Limited
Data last updated:
Maxivision Eye Hospitals Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the eye care and ophthalmology clinics segment of the healthcare sector. It was incorporated on 15 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U85110TN2010PTC075352. Its GSTIN is 33AAGCM4783R2ZP (Tamil Nadu). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹476.78 Cr and a paid-up capital of ₹470.67 Cr. It was formerly known as Medfort Hospitals Private Limited. It is led by directors including Gomathy Babu Sadacharam Kulandaivelu and Athmanathan Ganesan.
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 #15 IV Street Abhiramapuram, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2025, the company reported a revenue of ₹404.34 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹47.91 Cr (net margin 11.8%) and EBITDA of ₹130.88 Cr (EBITDA margin 32.4%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 33% over five years.
The company has about 1,023 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 2 brands: Medfort Hospitals and Maxivision Eye Hospital. As per MCA filings, the company has open charges of ₹82.38 Cr and satisfied charges of ₹187.71 Cr on record. Court records list 26 cases involving the company, including 14 filed by the company and 12 filed against it; 9 cases are pending. The company has 13 deals on record (6 funding rounds, 6 secondary share transfers, 1 rights issue), with disclosed funding of ₹692.91 Cr; the latest was in July 2023. Its 3 peer companies in the Healthcare industry (Eye Care), with the same principal business activity (hospital activities) are compared by revenue, 1 larger and 2 smaller; the largest is Asg Hospital Private Limited with revenue of ₹1,145.11 Cr.
Maxivision Eye Hospitals Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0021102). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medforthospitals.com.
Company details
CIN U85110TN2010PTC075352
Registration Number 075352
Incorporation Date 15 April 2010
ROC Chennai
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 Medium
Udyam Registration UDYAM-TS-02-0021102
Key People
Gomathy Babu Sadacharam Kulandaivelu Director Athmanathan Ganesan Director Mohan Divya Company Secretary Recognitions & Rankings of Maxivision Eye Hospitals
Contact details
Maxivision Eye Hospitals Private Limited's registered office is in Chennai, Tamil Nadu. Its website is medforthospitals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#15 IV Street Abhiramapuram, Chennai, Tamil Nadu, India – 600018
- IndustryHealthcare, Eye Care & Ophthalmology Clinics
To see the full contact details of Maxivision Eye Hospitals Private Limited, buy the company report.
Comprehensive company report
Maxivision Eye Hospitals 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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Brands
Maxivision Eye Hospitals operates two associated brands: Medfort Hospitals and Maxivision Eye Hospital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Standalone ophthalmology hospital | medforthospitals.com | |
| Single specialty hospital for ophthalmology | maxivisioneyehospital.com |
Business activity
The main business activity of Maxivision Eye Hospitals 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 Maxivision Eye Hospitals Private Limited, buy the company report.
Financials of Maxivision Eye Hospitals Private Limited
FY 2025 filings availableMaxivision Eye Hospitals Private Limited reported revenue of ₹404.34 Cr (up 19% YoY) for FY 2025.
Revenue · FY 2025
₹404.34 Cr ▲ 19%
Net profit · FY 2025
₹47.91 Cr margin 11.8%
EBITDA · FY 2025
₹130.88 Cr margin 32.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 41%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 61%
5 years · compounded
▲ 48%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 19% growth in the latest year. EBITDA rose 35% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹130.88 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹47.91 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.4% | ||||
| Net Profit Margin | 11.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Maxivision Eye Hospitals Private Limited, buy the company report.
Board of directors and KMP of Maxivision Eye Hospitals Private Limited
Maxivision Eye Hospitals Private Limited currently reports 5 directors and 1 key managerial person. 11 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gomathy Babu Sadacharam Kulandaivelu Also directs: Stakeboat Ventures LLP, Biosystems Diagnostics Private Limited, Neuberg Abha Laboratory Private Limited and 5 more | Director | 15 Apr 2010 | 16 Years 6 Months | Current |
| Athmanathan Ganesan Also directs: Stakeboat Ventures LLP, Biosystems Diagnostics Private Limited, Neuberg Abha Laboratory Private Limited and 5 more | Director | 09 Jun 2010 | 16 Years 5 Months | Current |
| Mohan Divya Also directs: Flysbs Aviation Limited, Tagit (India) Private Limited | Company Secretary | 21 Nov 2025 | 0 Years 11 Months | Current |
| Kavya K Velu | Director | 11 Jun 2024 | 2 Years 5 Months | Current |
| Amit Varma Also directs: Cnext Health Solutions LLP, Encube Ethicals Private Limited, Nobel Hygiene Private Limited and 5 more | Director | 01 Sep 2023 | 3 Years 2 Months | Current |
| Sunil Kumar Thakur Also directs: Maxivision Eye Hospitals Limited, Nobel Hygiene Private Limited, Quadria Capital Advisors Private Limited and 5 more | Director | 12 Jul 2023 | 3 Years 3 Months | Current |
Peer comparison
Maxivision Eye Hospitals Private Limited is compared with the 3 companies closest to it by revenue in the Healthcare industry (Eye Care), 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 |
|---|---|---|---|---|---|---|
| Asg Hospital Private Limited | ₹1,145.11 Cr (FY 2025) | 39.0% | Jodhpur, Rajasthan, India | |||
| Maxivision Eye Hospitals Private Limitedthis company | ₹404.34 Cr (FY 2025) | ₹47.91 Cr | 11.8% | 19.0% | 1,023 | Chennai, Tamil Nadu, India |
| Dr. Agarwal's Eye Hospital Limited | ₹402.24 Cr (FY 2025) | 24.0% | Chennai, Tamil Nadu, India | |||
| Vasan Health Care Private Limited | ₹326.53 Cr (FY 2025) | 48.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Maxivision Eye Hospitals Private Limited, buy the company report.
Auditor
Maxivision Eye Hospitals Private Limited is audited by BSR & Associate LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR & Associate LLP | FY 2023 | 116231W/ W-100024 |
Shareholding
The shareholding of Maxivision Eye Hospitals 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 Maxivision Eye Hospitals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹82.38 Cr
Satisfied charges
₹187.71 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Nov 2024 | 101002342 | Axis Bank Limited | ₹40.33 Cr | Open | |
| 07 May 2022 | 100597463 | Hdfc Bank Limited | ₹53 Lakh | Open | |
| 12 Apr 2022 | 100563734 | Axis Bank Limited | ₹35.65 Cr | Open | |
| 05 Apr 2021 | 100436534 | Hdfc Bank Limited | ₹5.58 Cr | Open | |
| 28 Nov 2019 | 100312369 | Hdfc Bank Limited | ₹29 Lakh | Open |
To see the full charge records of Maxivision Eye Hospitals Private Limited, buy the company report.
Total charge records: 29 View all charges
Deals & funding
Maxivision Eye Hospitals Private Limited has 13 deals on record (6 funding rounds, 6 secondary share transfers, 1 rights issue), with disclosed funding of ₹692.91 Cr; the latest was in July 2023.
Total deals
13
Funding rounds
6
Secondary share transfers
6
Rights issue
1
Disclosed funding
₹692.91 Cr
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: Infinite Ventures, 2 individuals Seller: an individual |
| May 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Maxivision Eye Hospitals 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
Maxivision Eye Hospitals Private Limited has 26 court cases on record: 14 filed by Maxivision Eye Hospitals, 12 filed against it. 9 cases are pending and 17 are disposed.
Total cases
26
Filed by the company
14
Filed against the company
12
Pending
9
Disposed
17
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 1 | 2 |
| NCLAT | 7 | 7 | 7 |
| District courts | 3 | 3 | 0 |
| NCLT | 3 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT Chennai | Insolvency matter | Filed against the company by Vasan Health Care Private Limited | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by Vasan Health Care Private Limited | Pending |
| District court, Gurugram, Haryana | Civil miscellaneous application | Filed against the company by Bausch and Lomb India P Ltd | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against Bausch and Lomb India Pvt Ltd and 6 Others and 6 others | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed by the company against Bausch and Lomb India Pvt Ltd and 6 others | Disposed |
To see the full case history of Maxivision Eye Hospitals 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
Maxivision Eye Hospitals Private Limited was last rated by Crisil on 06 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 06 Nov 2020 |
To see the full credit ratings and regulatory alerts of Maxivision Eye Hospitals Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maxivision Eye Hospitals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Maxivision Eye Hospitals has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
3
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Netradeep Maxivision Eye Hospitals Pvt Ltd | U85110GJ2022PTC130739 | |
| Sri Mahalaxmi Maxivision Eye Hospital Pvt Ltd | U85110TG2022PTC159310 | |
| Dr. Ramalinga Reddy Maxivision Eye Hospitals Private Limited | U85190AP2021PTC119209 |
To see the full group structure of Maxivision Eye Hospitals Private Limited, buy the company report.
Employees & EPFO
Maxivision Eye Hospitals Private Limited has a workforce of 1,023 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Employee count
1,023
Active EPFO establishments
2
Employee growth
10.4%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,023 |
| 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 |
To see the full employee and EPFO history of Maxivision Eye Hospitals Private Limited, buy the company report.
GST
Maxivision Eye Hospitals has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCM4783R2ZP | Tamil Nadu | Active | 07 Mar 2022 |
| 36AAGCM4783R1ZK | Telangana | Active | 01 Jul 2017 |
| 37AAGCM4783R1ZI | Andhra Pradesh | Active | 26 Aug 2017 |
To see the full GST registrations and return filing status of Maxivision Eye Hospitals Private Limited, buy the company report.
Recent activity
Maxivision Eye Hospitals Private Limited has 24 board changes on record since 2010: 15 appointments and 9 cessations. The latest: Mohan Divya was appointed as Company Secretary on 21 Nov 2025.
Appointed
Mohan Divya was appointed as Company Secretary.
AGM
Maxivision Eye Hospitals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 35.65 Cr registered on 12 Apr 2022 with Charge ID 100563734 was modified on 08 May 2025.
Filing
Maxivision Eye Hospitals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Axis Bank Limited amounted to Rs. 40.33 Cr with Charge ID 101002342 was registered on 14 Nov 2024.
Appointed
Kavya K Velu was appointed as Director.
Ceased
Subha Kulandai Velu ceased to be Director.
Charges
A charge registered on 20 Dec 2022 via Charge ID 100670366 with Others was fully satisfied on 28 Dec 2023.
Charges
A charge registered on 26 Jul 2022 via Charge ID 100607398 with Others was fully satisfied on 28 Dec 2023.
Appointed
Amit Varma was appointed as Director.
Appointed
Sunil Kumar Thakur was appointed as Director.
Charges
A charge registered on 31 Dec 2015 via Charge ID 10618373 with Siemens Financial Services Private Limited was fully satisfied on 13 Mar 2023.
74 earlier events are in the company report.
Frequently asked questions
Maxivision Eye Hospitals is an active private limited company based in Chennai, Tamil Nadu, India. The company works in eye care and ophthalmology clinics, within the healthcare industry. It was incorporated on 15 April 2010 (16+ years old) and is registered under CIN U85110TN2010PTC075352.
Maxivision Eye Hospitals has 6 current directors and KMP:
- Gomathy Babu Sadacharam Kulandaivelu - Director
- Athmanathan Ganesan - Director
- Kavya K Velu - Director
- Amit Varma - Director
- Sunil Kumar Thakur - Director
- Mohan Divya - Company Secretary
The latest financial statements of Maxivision Eye Hospitals 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 Maxivision Eye Hospitals is 33AAGCM4783R2ZP, registered in Tamil Nadu. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 36AAGCM4783R1ZK (Telangana), 37AAGCM4783R1ZI (Andhra Pradesh).
The CIN (Corporate Identification Number) of Maxivision Eye Hospitals is U85110TN2010PTC075352. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxivision Eye Hospitals has 26 court cases on record: 14 filed by the company and 12 filed against it. 9 are pending. Most are in the high courts.
Maxivision Eye Hospitals was incorporated on 15 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
Maxivision Eye Hospitals has 13 deals on record (6 funding rounds, 6 secondary share transfers, 1 rights issue), with disclosed funding of ₹692.91 Cr; the latest was in July 2023.
The peers of Maxivision Eye Hospitals by revenue are Asg Hospital Private Limited, Dr. Agarwal's Eye Hospital Limited, Vasan Health Care Private Limited, all in the Healthcare industry (Eye Care), with the same principal business activity (hospital activities).
Mohan Divya was appointed as Company Secretary on 21 Nov 2025. Kavya K Velu was appointed as Director on 11 Jun 2024. Subha Kulandai Velu ceased to be Director on 11 Jun 2024. Maxivision Eye Hospitals has 24 board changes on record in total.
Yes, Maxivision Eye Hospitals is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-02-0021102).
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