Merit Medicare Private Limited

Merit Medicare Private Limited - healthcare in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U51397DL2003PTC120559 Incorporated 27 May 2003 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company healthcare MSME · Small
Data last updated
Revenue · FY 2024
₹25.04 Cr
▲ 6% YoY
Net loss · FY 2024
₹1.05 Lakh
Net margin 0%
EBITDA · FY 2024
₹15.11 Lakh
EBITDA margin 0.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹6.61 Cr
Secured borrowings
Company age
23 yrs
Est. 2003
Directors on board
2
As per MCA filings

About Merit Medicare Private Limited

Data last updated:

Merit Medicare Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 27 May 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51397DL2003PTC120559. Its GSTIN is 07AADCM9875B1ZA (Delhi).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Seema Sharma and Bimal Sharma.

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 F – 6/12 Iind Floor Malviya Nagar, New Delhi, Delhi, India – 110017.

As per the financials filed for FY 2024, the company reported a revenue of ₹25.04 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹1.05 Lakh (net margin 0%) and EBITDA of ₹15.11 Lakh (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 16% over five years.

As per MCA filings, the company has open charges of ₹6.61 Cr on record.

Merit Medicare Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0006401). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U51397DL2003PTC120559
Registration Number 120559
Incorporation Date 27 May 2003
ROC Delhi
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 Small
Udyam Registration UDYAM-DL-08-0006401

Recognitions & Rankings of Merit Medicare

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-DL-08-0006401

Contact details

Merit Medicare Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    F – 6/12 Iind Floor Malviya Nagar, New Delhi, Delhi, India – 110017
  • Industry
    Healthcare, Medical Equipment Retail & Distribution

To see the full contact details of Merit Medicare Private Limited, buy the company report.

Comprehensive company report
Merit 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

Business activity

The main business activity of Merit Medicare is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

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

Financials of Merit Medicare Private Limited

FY 2025 filings available

Merit Medicare Private Limited reported revenue of ₹25.04 Cr (up 6% YoY) for FY 2024.

Revenue · FY 2024
₹25.04 Cr ▲ 6%
Net loss · FY 2024
₹1.05 Lakh margin 0%
EBITDA · FY 2024
₹15.11 Lakh margin 0.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 22%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 4%
5 years · compounded
▼ 14%

Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 6% growth in the latest year. EBITDA fell 17% 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₹15.11 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.05 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin0.6%
Net Profit Margin0%
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 Merit Medicare Private Limited, buy the company report.

Board of directors of Merit Medicare Private Limited

Merit Medicare has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Seema SharmaDirector27 May 200323 Years 4 MonthsCurrent
Bimal SharmaDirector27 May 200323 Years 4 MonthsCurrent

Peer comparison

Merit Medicare Private Limited is compared with the 5 companies closest to it by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Laljee Tradelinks Private Limited₹25.31 Cr (FY 2024)7.0%Indore, Madhya Pradesh, India
Inbody India Private Limited₹25.21 Cr (FY 2025)39.0%Mumbai, Maharashtra, India
Medical Point ( I ) Limited₹25.08 Cr (FY 2024)86.0%New Delhi, Delhi, India
Merit Medicare Private Limitedthis company₹25.04 Cr (FY 2024)-₹1.05 Lakh0%6.0%New Delhi, Delhi, India
Pamidi RSB Build-Tech Private Limited₹24.81 Cr (FY 2025)12.0%Hyderabad, Telangana, India
Djo Global India Healthcare Private Limited₹24.8 Cr (FY 2025)-22.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Merit Medicare Private Limited, buy the company report.

Auditor

Merit Medicare Private Limited is audited by ASHM & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ASHM & ASSOCIATESFY 2023005790C

Shareholding

The shareholding of Merit 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Merit Medicare Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6.61 Cr
Satisfied charges
None
Breakdown by lending institutions
Axis Bank Limited₹6.25 Cr
Citi Bank N.A.₹0.36 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Sep 2025101158776Axis Bank Limited₹6.25 CrOpen
21 Mar 2017100145964Citi Bank N.A.₹36 LakhOpen

Total charge records: 2 View all charges

MSME payment delays

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

GST

Merit Medicare has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
07AADCM9875B1ZADelhiActive01 Jul 2017

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

Recent activity

Merit Medicare Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Bimal Sharma was appointed as Director on 27 May 2003.

AGM
Merit Medicare 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 amounted to Rs. 625.00 Lakh with Charge ID 101158776 was registered on 02 Sep 2025.
Filing
Merit Medicare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Citi Bank N.A. amounted to Rs. 36.00 Lakh with Charge ID 100145964 was registered on 21 Mar 2017.
Appointed
Bimal Sharma was appointed as Director.
Appointed
Seema Sharma was appointed as Director.
Incorporation
27 May 2003
Merit Medicare Private Limited was registered on 27 May 2003 with Roc Delhi & aged 23 years 5 months as per MCA records.

Frequently asked questions

Merit Medicare is an active private limited company based in New Delhi, Delhi, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 27 May 2003 (23+ years old) and is registered under CIN U51397DL2003PTC120559.

Merit Medicare has 2 current directors:

The latest financial statements of Merit Medicare 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 Merit Medicare is 07AADCM9875B1ZA, registered in Delhi.

The CIN (Corporate Identification Number) of Merit Medicare is U51397DL2003PTC120559. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Merit Medicare was incorporated on 27 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Merit Medicare by revenue are Laljee Tradelinks Private Limited, Inbody India Private Limited, Medical Point ( I ) Limited, Pamidi RSB Build-Tech Private Limited, Djo Global India Healthcare Private Limited, all in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading).

Bimal Sharma was appointed as Director on 27 May 2003. Seema Sharma was appointed as Director on 27 May 2003.

Yes, Merit Medicare is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0006401).

The registered office of Merit Medicare is at F – 612 Iind Floor Malviya Nagar, New Delhi, Delhi, India – 110017.

Merit Medicare operates in the healthcare industry, in the medical equipment retail and distribution segment.