Medi-Ex Devices Private Limited

Medi-Ex Devices Private Limited - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U85100MH2009PTC191934 Incorporated 22 April 2009 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company healthcare
Data last updated
Revenue · FY 2024
₹18.85 Cr
▲ 41% YoY
Net profit · FY 2024
₹1.09 Cr
Net margin 5.8%
EBITDA · FY 2024
₹1.81 Cr
EBITDA margin 9.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹6.5 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings

About Medi-Ex Devices Private Limited

Data last updated:

Medi-Ex Devices 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 22 April 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85100MH2009PTC191934. Its GSTIN is 27AAFCM9988D1ZW (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 is led by directors Manish Kothari Dinesh and Manisha Kothari Manish.

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 G – 3 Ground Floor Mangal Adesh Road No. 4 Near K11 Fitness Academy Santacruz East, Mumbai, Maharashtra, India – 400055.

As per the financials filed for FY 2024, the company reported a revenue of ₹18.85 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹1.09 Cr (net margin 5.8%) and EBITDA of ₹1.81 Cr (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 50% over five years.

As per MCA filings, the company has open charges of ₹6.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is 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 medi-ex.co.in.

Company details

CIN U85100MH2009PTC191934
Registration Number 191934
Incorporation Date 22 April 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Medi-Ex Devices Private Limited's registered office is in Mumbai, Maharashtra. Its website is medi-ex.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    G – 3 Ground Floor Mangal Adesh Road No. 4 Near K11 Fitness Academy Santacruz East, Mumbai, Maharashtra, India – 400055
  • Industry
    Healthcare, Medical Equipment Retail & Distribution

To see the full contact details of Medi-Ex Devices Private Limited, buy the company report.

Comprehensive company report
Medi-Ex Devices 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 activity of Medi-Ex Devices is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Medi-Ex Devices Private Limited, buy the company report.

Financials of Medi-Ex Devices Private Limited

FY 2024 filings available

Medi-Ex Devices Private Limited reported revenue of ₹18.85 Cr (up 41% YoY) for FY 2024.

Revenue · FY 2024
₹18.85 Cr ▲ 41%
Net profit · FY 2024
₹1.09 Cr margin 5.8%
EBITDA · FY 2024
₹1.81 Cr margin 9.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 50%
5 years · compounded
▲ 50%
EBITDA CAGR growth
1 year
▲ 138%
3 years · compounded
▲ 101%
5 years · compounded
▲ 76%

Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 41% growth in the latest year. EBITDA rose 138% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹1.81 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.09 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin9.6%
Net Profit Margin5.8%
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 Medi-Ex Devices Private Limited, buy the company report.

Board of directors of Medi-Ex Devices Private Limited

Medi-Ex Devices has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manish Kothari DineshDirector22 Apr 200917 Years 6 MonthsCurrent
Manisha Kothari ManishDirector31 Mar 201214 Years 6 MonthsCurrent

Peer comparison

Medi-Ex Devices Private Limited is compared with the 3 companies closest to it by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Agnorms Hospitals Private Limited₹19.05 Cr (FY 2023)1.0%Vellore, Tamil Nadu, India
C V Technologies Private Limited₹18.93 Cr (FY 2025)27.0%Chandigarh, India
Medi-Ex Devices Private Limitedthis company₹18.85 Cr (FY 2024)₹1.09 Cr5.8%41.0%Mumbai, Maharashtra, India
Medicareplus Healthcare Private Limited₹18.78 Cr (FY 2024)-9.0%Agra, Uttar Pradesh, India

To see the full peer comparison of Medi-Ex Devices Private Limited, buy the company report.

Auditor

Medi-Ex Devices Private Limited is audited by SIMETHY AND GRAMOPADHYE for the financial year 2022.

Auditor firmFinancial yearFirm registration number
SIMETHY AND GRAMOPADHYEFY 2022116313W

Shareholding

The shareholding of Medi-Ex Devices 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 Medi-Ex Devices Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹5.00 Cr
Yes Bank Limited₹1.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Feb 2024100886978Yes Bank Limited₹1.5 CrOpen
28 Feb 2022100547623Others₹5 CrOpen

To see the full charge records of Medi-Ex Devices Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

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

GST

Medi-Ex Devices has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAFCM9988D1ZWMaharashtraActive19 Aug 2017

To see the full GST registrations and return filing status of Medi-Ex Devices Private Limited, buy the company report.

Recent activity

Medi-Ex Devices Private Limited has 3 board changes on record since 2009: 2 appointments and 1 cessation. The latest: Jaywant Vidyakant Vaidya ceased to be Director on 31 Mar 2012.

AGM
Medi-Ex Devices Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Medi-Ex Devices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Yes Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 100886978 was registered on 29 Feb 2024.
Charges
A charge with Others of Rs. 500.00 Lakh registered on 28 Feb 2022 with Charge ID 100547623 was modified on 13 Jan 2024.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100547623 was registered on 28 Feb 2022.
Ceased
Jaywant Vidyakant Vaidya ceased to be Director.
Appointed
Manisha Kothari Manish was appointed as Director.
Appointed
Manish Kothari Dinesh was appointed as Director.
Incorporation
22 Apr 2009
Medi-Ex Devices Private Limited was registered on 22 Apr 2009 with Roc Mumbai & aged 17 years 6 months as per MCA records.

Frequently asked questions

Medi-Ex Devices 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 22 April 2009 (17+ years old) and is registered under CIN U85100MH2009PTC191934.

Medi-Ex Devices has 2 current directors:

The latest financial statements of Medi-Ex Devices 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 Medi-Ex Devices is 27AAFCM9988D1ZW, 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 Medi-Ex Devices is U85100MH2009PTC191934. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Medi-Ex Devices has 1 court case on record: 1 filed by the company. 1 is pending.

Medi-Ex Devices was incorporated on 22 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Medi-Ex Devices by revenue are Agnorms Hospitals Private Limited, C V Technologies Private Limited, Medicareplus Healthcare Private Limited, all in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (retail trading).

Jaywant Vidyakant Vaidya ceased to be Director on 31 Mar 2012. Manisha Kothari Manish was appointed as Director on 31 Mar 2012. Manish Kothari Dinesh was appointed as Director on 22 Apr 2009.

Medi-Ex Devices can be reached through the website medi-ex.co.in. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Medi-Ex Devices is at G – 3 Ground Floor Mangal Adesh Road No. 4 Near K11 Fitness Academy Santacruz East, Mumbai, Maharashtra, India – 400055.