India's Richest People 2026 edition · 1 director · Source: Hurun India
- #40 Abhaykumar Firodia & family ₹66,800 Cr
Revenue · FY 2025
₹110.29 Cr
▲ 10% YoY
Net profit · FY 2025
₹11.57 Cr
Net margin 10.5%
EBITDA · FY 2025
₹15.6 Cr
EBITDA margin 14.1%
Company age
7 yrs
Est. 2019
Employees · EPFO
418
Provident fund records
Directors on board
12
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2025
Balance sheet date
About MMF Hospitals Association
Data last updated:
MMF Hospitals Association is a private not for profit company based in Pune, Maharashtra, India. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 10 June 2019 and has been in existence for over 7 years.
Its director Abhaykumar Firodia and family are #40 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U85300PN2019NPL184698. Its GSTIN is 27AAMCM7319M1ZT (Maharashtra).
It is led by directors including Sunil Shamrao Patil and Sudhir Shivadeo Bapat.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 778 Shivaji Nagar Opp. Kamala Nehru Park, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2025, the company reported a revenue of ₹110.29 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹11.57 Cr (net margin 10.5%) and EBITDA of ₹15.6 Cr (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 9% over five years.
The company has about 418 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mmfhospitals.in.
Company details
CIN U85300PN2019NPL184698
Registration Number 184698
Incorporation Date 10 June 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Sunil Shamrao Patil Director Sudhir Shivadeo Bapat Director Abhaykumar Navalmal Firodia Director Recognitions & Rankings of MMF Hospitals Association
Contact details
MMF Hospitals Association's registered office is in Pune, Maharashtra. Its website is mmfhospitals.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address778 Shivaji Nagar Opp. Kamala Nehru Park, Pune, Maharashtra, India – 411004
- IndustryHealthcare, Hospitals
To see the full contact details of MMF Hospitals Association, buy the company report.
Comprehensive company report
MMF Hospitals Association - 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 MMF Hospitals Association 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 MMF Hospitals Association, buy the company report.
Financials of MMF Hospitals Association
FY 2025 filings availableMMF Hospitals Association reported revenue of ₹110.29 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹110.29 Cr ▲ 10%
Net profit · FY 2025
₹11.57 Cr margin 10.5%
EBITDA · FY 2025
₹15.6 Cr margin 14.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 7%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 16%
5 years · compounded
▲ 31%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 10% growth in the latest year. EBITDA rose 32% 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 | ₹15.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.57 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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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 | 14.1% | ||||
| Net Profit Margin | 10.5% | ||||
| 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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| Revenue Growth | |||||
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To see the full financial statements and ratios of MMF Hospitals Association, buy the company report.
Board of directors of MMF Hospitals Association
MMF Hospitals Association has 12 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Shamrao Patil Also directs: Aniteja Constructions LLP, Starry Sky Entertainment LLP, Kytes Construwell LLP and 4 more | Director | 03 Aug 2024 | 2 Years 3 Months | Current |
| Sudhir Shivadeo Bapat Also directs: Gateway Internet Protocol Management Private Limited | Director | 05 Aug 2021 | 5 Years 3 Months | Current |
| Abhaykumar Navalmal Firodia Also directs: Force Motors Limited, Jaya Hind Industries Automotive Private Limited, Force Mtu Power Systems Private Limited and 2 more | Director | 05 Aug 2021 | 5 Years 3 Months | Current |
| Anand Vasant Joshi | Director | 10 Jun 2019 | 7 Years 5 Months | Current |
| Anirudh Anant Deshpande | Director | 10 Jun 2019 | 7 Years 5 Months | Current |
| Shrikrishna Raghunath Chitale Also directs: Chitale Hospitality LLP, Chitale Sweets and Snacks Private Limited | Director | 05 Aug 2021 | 5 Years 3 Months | Current |
Showing 6 of 12 current directors. View all directors
Peer comparison
MMF Hospitals Association is compared with the 7 companies closest to it by revenue in the Healthcare industry (Multi Specialty Hospitals), 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 |
|---|---|---|---|---|---|---|
| Pinnacle Hospitals India Private Limited | ₹112.31 Cr (FY 2025) | 3.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Narayan Health Services Private Limited | ₹111.14 Cr (FY 2024) | 23.0% | West Bengal, India | |||
| MK Super Speciality Hospital Private Limited | ₹110.66 Cr (FY 2025) | 29.0% | Rohtak, Haryana, India | |||
| MMF Hospitals Associationthis company | ₹110.29 Cr (FY 2025) | ₹11.57 Cr | 10.5% | 10.0% | 418 | Pune, Maharashtra, India |
| Kauvery Hospitals (Bengaluru) Private Limited | ₹109.86 Cr (FY 2023) | 41.0% | Chennai, Tamil Nadu, India | |||
| Patel Hospital Pvt Ltd | ₹109.21 Cr (FY 2025) | 10.0% | Punjab, India | |||
| SRM Global Hospitals Private Limited | ₹107.94 Cr (FY 2025) | 86.0% | Chennai, Tamil Nadu, India | |||
| Andhra Hospitals (Vijayawada) Private Limited | ₹107.15 Cr (FY 2024) | 14.0% | Vijayawada, Andhra Pradesh, India |
To see the full peer comparison of MMF Hospitals Association, buy the company report.
Auditor
MMF Hospitals Association is audited by A.H. JOSHI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.H. JOSHI & CO | FY 2023 | 037772 |
Shareholding
The shareholding of MMF Hospitals Association is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public |
To see the full shareholding pattern of MMF Hospitals Association, buy the company report.
Legal cases
No court or tribunal cases involving MMF Hospitals Association 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
MMF Hospitals Association has 12 MSME Form 1 returns on record between 2020 and 2024, listing 2,146 overdue payments to 48 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 48)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Panacea Biomedicals | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Parshwanath Cardiac Solution Private Limited |
To see the full MSME payment records of MMF Hospitals Association, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
MMF Hospitals Association has a workforce of 418 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
418
Active EPFO establishments
1
Employee growth
-1.42%
GST
MMF Hospitals Association has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM7319M1ZT | Maharashtra | Active | 22 Jul 2019 |
To see the full GST registrations and return filing status of MMF Hospitals Association, buy the company report.
Recent activity
MMF Hospitals Association has 21 board changes on record since 2019: 12 appointments and 9 cessations. The latest: Sunil Shamrao Patil ceased to be Additional Director on 18 Sep 2024.
AGM
Mmf Hospitals Association last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Filing
Mmf Hospitals Association has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Sunil Shamrao Patil ceased to be Additional Director.
Appointed
Sunil Shamrao Patil was appointed as Director.
Ceased
Abhaykumar Navalmal Firodia ceased to be Additional Director.
Ceased
Anita Mohan Gharpuray ceased to be Additional Director.
Ceased
Ashish Laxman Atre ceased to be Additional Director.
Ceased
Pratap Govind Pawar ceased to be Additional Director.
Ceased
Shankerlal Tarachand Tulshyan ceased to be Additional Director.
Ceased
Shribala Sagar Chordia ceased to be Additional Director.
Ceased
Shrikrishna Raghunath Chitale ceased to be Additional Director.
Ceased
Sudhir Shivadeo Bapat ceased to be Additional Director.
12 earlier events are in the company report.
Frequently asked questions
MMF Hospitals Association is an active private not for profit company based in Pune, Maharashtra, India. The company works in hospitals, within the healthcare industry. It was incorporated on 10 June 2019 (7+ years old) and is registered under CIN U85300PN2019NPL184698.
MMF Hospitals Association has 12 current directors:
- Sunil Shamrao Patil - Director
- Sudhir Shivadeo Bapat - Director
- Abhaykumar Navalmal Firodia - Director
- Anand Vasant Joshi - Director
- Anirudh Anant Deshpande - Director
- Shrikrishna Raghunath Chitale - Director
- Abhijit Subhash Kale - Director
- Shribala Sagar Chordia - Director
- Pratap Govind Pawar - Director
- Shankerlal Tarachand Tulshyan - Director
- Ashish Laxman Atre - Director
- Anita Mohan Gharpuray - Director
The latest financial statements of MMF Hospitals Association on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of MMF Hospitals Association is 27AAMCM7319M1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of MMF Hospitals Association is U85300PN2019NPL184698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MMF Hospitals Association was incorporated on 10 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
The peers of MMF Hospitals Association by revenue are Pinnacle Hospitals India Private Limited, Narayan Health Services Private Limited, MK Super Speciality Hospital Private Limited, Kauvery Hospitals (Bengaluru) Private Limited, Patel Hospital Pvt Ltd and 2 more, all in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities).
Sunil Shamrao Patil ceased to be Additional Director on 18 Sep 2024. Sunil Shamrao Patil was appointed as Director on 03 Aug 2024. Abhaykumar Navalmal Firodia ceased to be Additional Director on 30 Sep 2021. MMF Hospitals Association has 21 board changes on record in total.
MMF Hospitals Association has 12 MSME Form 1 returns on record between 2020 and 2024, listing 2,146 overdue payments to 48 micro and small suppliers. The latest return was filed on 29 Apr 2024.
MMF Hospitals Association can be reached through the website mmfhospitals.in. Its registered office is in Pune, Maharashtra, India.
The registered office of MMF Hospitals Association is at 778 Shivaji Nagar Opp. Kamala Nehru Park, Pune, Maharashtra, India – 411004.
MMF Hospitals Association operates in the healthcare industry, in the hospitals segment.
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