About Neptune Orthopaedics Private Limited
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Neptune Orthopaedics Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 June 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ1978PTC003162. Its GSTIN is 24AAACN5339G1ZN (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.8 Cr. It is led by directors Hetalbhai Nareshchandra Shah and Aakash Hetalbhai 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 375 G.I.D.C. B/H. Water Tank Odhav, Ahmedabad, Gujarat, India – 382415.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.15 Cr. For the same year it recorded a net profit of ₹1.09 Cr (net margin 4.7%) and EBITDA of ₹1.75 Cr (EBITDA margin 7.5%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 28% over five years.
As per MCA filings, the company has satisfied charges of ₹8.32 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neptuneorthopaedics.in.
Company details
Contact details
Neptune Orthopaedics Private Limited's registered office is in Ahmedabad, Gujarat. Its website is neptuneorthopaedics.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address375 G.I.D.C. B/H. Water Tank Odhav, Ahmedabad, Gujarat, India – 382415
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Neptune Orthopaedics Private Limited, buy the company report.
- 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
Business activity
The main business activity of Neptune Orthopaedics is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Neptune Orthopaedics Private Limited, buy the company report.
Financials of Neptune Orthopaedics Private Limited
FY 2025 filings availableNeptune Orthopaedics Private Limited reported revenue of ₹23.15 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years. EBITDA fell 44% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹23.15 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.09 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | 7.5% | ||||
| Net Profit Margin | 4.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Neptune Orthopaedics Private Limited, buy the company report.
Board of directors of Neptune Orthopaedics Private Limited
Neptune Orthopaedics has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hetalbhai Nareshchandra Shah | Director | 21 Jun 1993 | 33 Years 4 Months | Current |
| Aakash Hetalbhai Shah Also directs: Carbon Cycles India LLP | Director | 06 Oct 2022 | 4 Years 1 Months | Current |
Auditor
Neptune Orthopaedics Private Limited is audited by S.N. SHAH & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.N. SHAH & ASSOCIATES | FY 2022 | 109782W |
Shareholding
The shareholding of Neptune Orthopaedics Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Neptune Orthopaedics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Aug 2025 | 101140864 | Others | ₹1.5 Cr | Satisfied | |
| 14 Aug 2009 | 10174110 | Bank of India | ₹45 Lakh | Satisfied | |
| 10 Jun 1999 | 80016410 | Progressive Merc Co Op Bank | ₹25 Lakh | Satisfied | |
| 04 Jun 1997 | 80016409 | Progressive Merc Co Op Bank | ₹13.5 Lakh | Satisfied | |
| 28 Mar 1995 | 80016407 | Sbi | ₹29.9 Lakh | Satisfied |
To see the full charge records of Neptune Orthopaedics Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
No court or tribunal cases involving Neptune Orthopaedics 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 Neptune Orthopaedics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neptune Orthopaedics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACN5339G1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neptune Orthopaedics Private Limited, buy the company report.
Recent activity
Neptune Orthopaedics Private Limited has 5 board changes on record since 1993: 2 appointments and 3 cessations. The latest: Aakash Hetalbhai Shah ceased to be Additional Director on 29 Sep 2023.
22 earlier events are in the company report.
Frequently asked questions
Neptune Orthopaedics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 June 1978 (48+ years old) and is registered under CIN U17110GJ1978PTC003162.
Neptune Orthopaedics has 2 current directors:
- Hetalbhai Nareshchandra Shah - Director
- Aakash Hetalbhai Shah - Director
The latest financial statements of Neptune Orthopaedics 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 Neptune Orthopaedics is 24AAACN5339G1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Neptune Orthopaedics is U17110GJ1978PTC003162. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neptune Orthopaedics was incorporated on 27 June 1978, making it 48+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Aakash Hetalbhai Shah ceased to be Additional Director on 29 Sep 2023. Aakash Hetalbhai Shah was appointed as Director on 06 Oct 2022. Aashka Hetalbhai Shah ceased to be Director on 06 Oct 2022. Neptune Orthopaedics has 5 board changes on record in total.
Neptune Orthopaedics can be reached through the website neptuneorthopaedics.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Neptune Orthopaedics is at 375 G.I.D.C. BH. Water Tank Odhav, Ahmedabad, Gujarat, India – 382415.
Neptune Orthopaedics operates in the manufacturing industry, in the textile and fabric production segment.
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