DPIIT recognised startup Government of India
Startup India
Metflux Research Private Limited - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.25 Cr
▲ 99.63% YoY
Net profit · FY 2025
₹32.37 Lakh
Net margin 14.4%
EBITDA · FY 2025
₹39.92 Lakh
EBITDA margin 17.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.21 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Metflux Research Private Limited
Data last updated:
Metflux Research Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 07 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC290888. Its GSTIN is 29AAKCM7990A1Z3 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.21 Lakh. It is led by directors including Manish Chhajed and Viswanath Venkatesh Kareenhalli.
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 Ground Floor – 39 Heera Panna Shopping Shankaracharya Road Powai, Mumbai, Maharashtra, India – 400078.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.25 Cr. For the same year it recorded a net profit of ₹32.37 Lakh (net margin 14.4%) and EBITDA of ₹39.92 Lakh (EBITDA margin 17.8%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 44% over five years.
The company is associated with 1 brand: MetFlux. The company has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in December 2019.
Metflux Research Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0098172). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website metflux.in.
Company details
CIN U74999MH2017PTC290888
Registration Number 290888
Incorporation Date 07 February 2017
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
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0098172
Key People
Manish Chhajed Director Viswanath Venkatesh Kareenhalli Director Viswanath Suryaprakash Kareenahalli Additional Director Recognitions & Rankings of Metflux Research
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0098172
Contact details
Metflux Research Private Limited's registered office is in Mumbai, Maharashtra. Its website is metflux.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGround Floor – 39 Heera Panna Shopping Shankaracharya Road Powai, Mumbai, Maharashtra, India – 400078
- IndustryHealthcare, HealthTech & Medical Tech Solutions
To see the full contact details of Metflux Research Private Limited, buy the company report.
Comprehensive company report
Metflux Research 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
Metflux Research operates one associated brand: MetFlux. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Healthcare data management software is provided using proprietary platforms. | metflux.in |
Business activity
The main business activity of Metflux Research is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Metflux Research Private Limited, buy the company report.
Financials of Metflux Research Private Limited
FY 2025 filings availableMetflux Research Private Limited reported revenue of ₹2.25 Cr for FY 2025.
Revenue · FY 2025
₹2.25 Cr
Net profit · FY 2025
₹32.37 Lakh margin 14.4%
EBITDA · FY 2025
₹39.92 Lakh margin 17.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 25%
5 years · compounded
▲ 44%
EBITDA CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 91%
5 years · compounded
▲ 86%
Revenue has grown at a compounded annual rate (CAGR) of 44% over five years. EBITDA rose 40% 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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| EBITDA | ₹39.92 Lakh | ||||
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| Net Profit (PAT) | ₹32.37 Lakh | ||||
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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 | 17.8% | ||||
| Net Profit Margin | 14.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Metflux Research Private Limited, buy the company report.
Board of directors of Metflux Research Private Limited
Metflux Research has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Chhajed | Director | 14 Dec 2018 | 7 Years 10 Months | Current |
| Viswanath Venkatesh Kareenhalli Also directs: Inovae Nutra Care Private Limited, Qbiome Research Private Limited | Director | 07 Feb 2017 | 9 Years 8 Months | Current |
| Viswanath Suryaprakash Kareenahalli | Additional Director | 19 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Metflux Research Private Limited is audited by N S R S & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N S R S & Co. | FY 2022 | 136158W |
Shareholding
The shareholding of Metflux Research Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Metflux Research Private Limited, buy the company report.
Deals & funding
Metflux Research Private Limited has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in December 2019.
Total deals
3
Rights issues
2
Secondary share transfer
1
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| May 2018 | Rights issue | ₹50.1 Lakh | Investors: IIT Bombay, an individual |
| Oct 2017 | Rights issue | ₹5 Lakh | Investors: IIT Bombay |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Metflux Research Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Metflux Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Metflux Research has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCM7990A1Z3 | Karnataka | Active | 03 Jul 2024 |
To see the full GST registrations and return filing status of Metflux Research Private Limited, buy the company report.
Recent activity
Metflux Research Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Viswanath Suryaprakash Kareenahalli was appointed as Additional Director on 19 Jan 2026.
Appointed
Viswanath Suryaprakash Kareenahalli was appointed as Additional Director.
AGM
Metflux Research Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Metflux Research Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Darshan Vikram Shah ceased to be Director.
Appointed
Manish Chhajed was appointed as Director.
Ceased
Abhishek Koshta ceased to be Director.
Appointed
Viswanath Venkatesh Kareenhalli was appointed as Director.
Incorporation
07 Feb 2017
Metflux Research Private Limited was registered on 07 Feb 2017 with Roc Mumbai & aged 9 years 8 months as per MCA records.
Frequently asked questions
Metflux Research is an active private limited company based in Mumbai, Maharashtra, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 07 February 2017 (9+ years old) and is registered under CIN U74999MH2017PTC290888.
Metflux Research has 3 current directors:
- Manish Chhajed - Director
- Viswanath Venkatesh Kareenhalli - Director
- Viswanath Suryaprakash Kareenahalli - Additional Director
The latest financial statements of Metflux Research 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 FY 2017 are in the company report.
The GSTIN of Metflux Research is 29AAKCM7990A1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Metflux Research is U74999MH2017PTC290888. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Metflux Research was incorporated on 07 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Metflux Research has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in December 2019.
Viswanath Suryaprakash Kareenahalli was appointed as Additional Director on 19 Jan 2026. Darshan Vikram Shah ceased to be Director on 14 Dec 2018. Manish Chhajed was appointed as Director on 14 Dec 2018. Metflux Research has 5 board changes on record in total.
Yes, Metflux Research is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Metflux Research is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0098172).
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