MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0009684
Medtech Life Private Limited - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹104.14 Cr
▲ 1% YoY
Net profit · FY 2025
₹6.46 Cr
Net margin 6.2%
EBITDA · FY 2025
₹12.85 Cr
EBITDA margin 12.3%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹10.5 Cr
Satisfied ₹11.13 Lakh
Company age
17 yrs
Est. 2009
Employees · EPFO
90
Provident fund records
About Medtech Life Private Limited
Data last updated:
Medtech Life Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 25 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25202MH2009PTC197321. Its GSTIN is 27AADCN1255C1ZV (Maharashtra). The company holds 20 GST registrations, of which 15 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Lakh. It was formerly known as Medtech Medical Devices Private Limited and Novalife Healthcare Private Limited. It is led by directors including Yogeshbhai Rajanikant Shah and Rajnikant Ramniklal Shah.
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 B/6 Byculla Service Industrial Estate Sussex Road D.K. Road Byculla (E), Mumbai, Maharashtra, India – 400027.
As per the financials filed for FY 2025, the company reported a revenue of ₹104.14 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹6.46 Cr (net margin 6.2%) and EBITDA of ₹12.85 Cr (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 12% over five years.
The company has about 90 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Medtech Life. As per MCA filings, the company has open charges of ₹10.5 Cr and satisfied charges of ₹11.13 Lakh on record. Court records list 14 cases involving the company, including 14 filed by the company; 3 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2017. Its 10 peer companies in the Healthcare industry (Medical and Laboratory Equipment) are compared by revenue, 5 larger and 5 smaller; the largest is Hemant Surgical Industries Limited with revenue of ₹111.64 Cr. The company has 27 MSME Form 1 returns on record between 2019 and 2024, listing 531 overdue payments to 29 micro and small suppliers.
Medtech Life Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0009684). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medtechlife.com.
Company Details of Medtech Life Private Limited
CIN U25202MH2009PTC197321
Registration Number 197321
Incorporation Date 25 November 2009
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 Medium
Udyam Registration UDYAM-MH-19-0009684
Name History of Medtech Life Private Limited
Medtech Life has undergone 4 name changes throughout its history. The current legal name is Medtech Life Private Limited.
| Company Name | Status |
|---|---|
| Medtech Life Private Limited | Current |
| Medtech Medical Devices Private Limited | Previous |
| Novalife Healthcare Private Limited | Previous |
| Medtech Care Private Limited | Previous |
| Nulife Global Medical Devices Private Limited | Previous |
Key People
Yogeshbhai Rajanikant Shah Director Rajnikant Ramniklal Shah Director Asha Rajnikant Shah Director Recognitions & Rankings of Medtech Life
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressB/6 Byculla Service Industrial Estate Sussex Road D.K. Road Byculla (E), Mumbai, Maharashtra, India – 400027
- IndustryHealthcare, Medical & Laboratory Equipment
Comprehensive company report
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Associated Brands with Medtech Life Private Limited
Medtech Life operates one associated brand: Medtech Life. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| It serves as a multiple medical devices. | medtechlife.com |
Business Activity of Medtech Life Private Limited
The main business activities of Medtech Life are manufacturing and trade. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Medtech Life Private Limited FY 2025 filings available
Medtech Life Private Limited reported revenue of ₹104.14 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹104.14 Cr ▲ 1%
Net profit · FY 2025
₹6.46 Cr margin 6.2%
EBITDA · FY 2025
₹12.85 Cr margin 12.3%
Compounded Annual Growth Rate (CAGR) of Medtech Life Private Limited
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 3%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 18%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 1% growth in the latest year. EBITDA fell 9% 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 of Medtech Life Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹12.85 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.46 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 of Medtech Life Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Medtech Life are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Verified entity values are shown only after access is granted.
Board of Directors of Medtech Life Private Limited
Medtech Life has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogeshbhai Rajanikant Shah Also directs: Novalife Healthcare LLP | Director | 25 Nov 2009 | 16 Years 10 Months | Current |
| Rajnikant Ramniklal Shah Also directs: Novalife Healthcare LLP | Director | 25 Nov 2009 | 16 Years 10 Months | Current |
| Asha Rajnikant Shah | Director | 21 Jun 2017 | 9 Years 4 Months | Current |
Peer Comparison of Medtech Life Private Limited
Medtech Life Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Medical and Laboratory Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hemant Surgical Industries Limited | ₹111.64 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Vision Diagnostic India Private Limited | ₹108.23 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Delhi, India |
| Ika India Private Limited | ₹105.52 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
| Veco Precision India Private Limited | ₹105.08 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Pune, Maharashtra, India |
| Rapid Diagnostic Private Limited | ₹104.85 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Delhi, India |
| Medtech Life Private Limited this company | ₹104.14 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Biosystems Diagnostics Private Limited | ₹103.25 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Sriperumbdur, Tamil Nadu, India |
| Ghodu Infotech Private Limited | ₹102.58 Cr (FY 2025) | •••• | •••• | 92.0% | •••• | New Delhi, Delhi, India |
| Purple Microport Cardiovascular Private Limited | ₹100.49 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Mumbai, Maharashtra, India |
| Randox Laboratories (India) Private Limited | ₹100.02 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Chesa Dental Care Services Limited | ₹99.82 Cr (FY 2022) | •••• | •••• | 25.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Medtech Life by revenue in the Healthcare industry (Medical and Laboratory Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Medtech Life Private Limited
Medtech Life Private Limited is audited by N. A. Shah Associates LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N. A. Shah Associates LLP | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Medtech Life Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Medtech Life Private Limited
Open charges
₹10.5 Cr
Satisfied charges
₹11.13 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Aug 2014 | Hdfc Bank Limited | ₹10.5 Cr | Open |
| 23 Mar 2015 | Kotak Mahindra Prime Limited | ₹11.13 Lakh | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Medtech Life Private Limited
Medtech Life Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2017.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
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Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Medtech Life Private Limited
Medtech Life Private Limited has 14 court cases on record: 14 filed by Medtech Life. 3 cases are pending and 11 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Total cases
14
Filed by the company
14
Pending
3
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 0 | 1 |
| High courts | 5 | 0 | 2 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARAP) | Filed by the company against Physfix Fitness Solution Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Physfix Fitness Solution Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against Physfix Fitness Solution Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Physfix Fitness Solution Private Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Amkay Products Pvt Ltd | Pending |
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Full case history
All 14 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 by Medtech Life Private Limited
Medtech Life Private Limited has 27 MSME Form 1 returns on record between 2019 and 2024, listing 531 overdue payments to 29 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 29)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Asianet Logistics (India) Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Inter Service Logistics | •••• | •••• | •••• |
| Shah Industrial Products | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 27 MSME Form 1 returns is in the company report.
- Every reported supplier due
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- Period-by-period history
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Medtech Life Private Limited
Medtech Life Private Limited has a workforce of 90 employees as of Aug 31, 2025.
Employee count
90
Active EPFO establishments
1
Employee growth
-2.17%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
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- Establishment history
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Recent Activity on Medtech Life Private Limited
Medtech Life Private Limited has 8 board changes on record since 2009: 3 appointments and 5 cessations. The latest: Asha Rajnikant Shah ceased to be Additional Director on 30 Sep 2017.
AGM
Medtech Life Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Medtech Life Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited of Rs. 10.50 Cr registered on 08 Aug 2014 with Charge ID 10515689 was modified on 16 Jan 2025.
Charges
A charge registered on 23 Mar 2015 via Charge ID 10565784 with Kotak Mahindra Prime Limited was fully satisfied on 13 Sep 2019.
Ceased
Asha Rajnikant Shah ceased to be Additional Director.
Appointed
Asha Rajnikant Shah was appointed as Director.
Ceased
Kamlesh Ramniklal Shah ceased to be Director.
Ceased
Komal Rupen Shah ceased to be Director.
Ceased
Maheshkumar Ramniklal Shah ceased to be Director.
Ceased
Sneh Kamlesh Shah ceased to be Director.
Charges
A charge with Kotak Mahindra Prime Limited amounted to Rs. 0.11 Cr with Charge ID 10565784 was registered on 23 Mar 2015.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.50 Cr with Charge ID 10515689 was registered on 08 Aug 2014.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Medtech Life Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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Subsidiaries & Group Companies of Medtech Life Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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GST Compliance of Medtech Life Private Limited
Medtech Life has 20 GST registrations: 15 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
20
Active
15
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN1255C1ZV | Maharashtra | Active | 01 Jul 2017 |
| 27AADCN1255C2ZU | Maharashtra | Active | 17 Mar 2025 |
| 24AADCN1255C1Z1 | Gujarat | Active | 26 Oct 2020 |
| 29AADCN1255C2ZQ | Karnataka | Active | 10 Feb 2023 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Medtech Life Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Medtech Life Private Limited
Medtech Life is an active private limited company based in Mumbai, Maharashtra, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 25 November 2009 (17+ years old) and is registered under CIN U25202MH2009PTC197321.
Medtech Life reported revenue of ₹104.14 Cr for FY 2025 (up 1% YoY).
Medtech Life has 3 current directors:
- Yogeshbhai Rajanikant Shah - Director
- Rajnikant Ramniklal Shah - Director
- Asha Rajnikant Shah - Director
Medtech Life reported a net profit of ₹6.46 Cr (net margin 6.2%) and EBITDA of ₹12.85 Cr (EBITDA margin 12.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Medtech Life is -3% over three years and 12% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Medtech Life is 27AADCN1255C1ZV, registered in Maharashtra. The company has 20 GST registrations in all, of which 15 are active and 5 are cancelled or inactive. Other active GSTINs include 27AADCN1255C2ZU (Maharashtra), 24AADCN1255C1Z1 (Gujarat), 29AADCN1255C2ZQ (Karnataka).
The CIN (Corporate Identification Number) of Medtech Life is U25202MH2009PTC197321. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medtech Life has 14 court cases on record: 14 filed by the company. 3 are pending. Most are in the district courts.
Medtech Life was incorporated on 25 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Medtech Life has 1 deal on record (1 secondary share transfer); the latest was in March 2017.
The peers of Medtech Life by revenue are Hemant Surgical Industries Limited, Vision Diagnostic India Private Limited, Ika India Private Limited, Veco Precision India Private Limited, Rapid Diagnostic Private Limited and 5 more, all in the Healthcare industry (Medical and Laboratory Equipment).
Asha Rajnikant Shah ceased to be Additional Director on 30 Sep 2017. Asha Rajnikant Shah was appointed as Director on 21 Jun 2017. Kamlesh Ramniklal Shah ceased to be Director on 03 Apr 2017. Medtech Life has 8 board changes on record in total.