About Orbit Ace Medicare Private Limited
Data last updated:
Orbit Ace Medicare Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 13 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51507TN2003PTC051950. Its GSTIN is 33AAACO6501B1Z7 (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Guruswamy Shanmugavel Gnanasekar and Myilvel Sankaran Yuvaraj.
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 No93 Mc Nichols Road Chetpet, Chennai, Tamil Nadu, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.4 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹2.68 Lakh (net margin 1.9%) and EBITDA of ₹4 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 817% over three years and 9% over five years.
Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website orbitacemedicare.net.
Company details
Contact details
Orbit Ace Medicare Private Limited's registered office is in Chennai, Tamil Nadu. Its website is orbitacemedicare.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo93 Mc Nichols Road Chetpet, Chennai, Tamil Nadu, India
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Orbit Ace Medicare 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 Orbit Ace Medicare is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Orbit Ace Medicare Private Limited, buy the company report.
Financials of Orbit Ace Medicare Private Limited
FY 2025 filings availableOrbit Ace Medicare Private Limited reported revenue of ₹1.4 Cr (down 35% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 35% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 41% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.68 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 1.9% | ||||
| 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 Orbit Ace Medicare Private Limited, buy the company report.
Board of directors of Orbit Ace Medicare Private Limited
Orbit Ace Medicare has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Guruswamy Shanmugavel Gnanasekar | Director | 13 Nov 2003 | 22 Years 11 Months | Current |
| Myilvel Sankaran Yuvaraj | Director | 13 Nov 2003 | 22 Years 11 Months | Current |
Peer comparison
Orbit Ace Medicare Private Limited is compared with the 3 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Orbit Ace Medicare Private Limitedthis company | ₹1.4 Cr (FY 2024) | ₹2.68 Lakh | 1.9% | -35.0% | Chennai, Tamil Nadu, India | |
| Alixar Healthcare Private Limited | ₹1.39 Cr (FY 2024) | 37.0% | Bhopal, Madhya Pradesh, India | |||
| Eonbt Private Limited | ₹1.39 Cr (FY 2025) | 1076.0% | Noida, Uttar Pradesh, India | |||
| Priomed Life Sciences Private Limited | ₹1.39 Cr (FY 2025) | 8.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Orbit Ace Medicare Private Limited, buy the company report.
Auditor
Orbit Ace Medicare Private Limited is audited by E HEMANADHAN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E HEMANADHAN & CO | FY 2018 | 008832S |
Shareholding
The shareholding of Orbit Ace Medicare Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Orbit Ace Medicare Private Limited, buy the company report.
Legal cases
Orbit Ace Medicare Private Limited has 2 court cases on record: 2 filed by Orbit Ace Medicare. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Orbit Ace Medicare Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Orbit Ace Medicare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Orbit Ace Medicare has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACO6501B1Z7 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Orbit Ace Medicare Private Limited, buy the company report.
Recent activity
Orbit Ace Medicare Private Limited has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Karimullah Zameerullah ceased to be Director on 19 Feb 2014.
Frequently asked questions
Orbit Ace Medicare is an active private limited company based in Chennai, Tamil Nadu, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 13 November 2003 (23+ years old) and is registered under CIN U51507TN2003PTC051950.
Orbit Ace Medicare has 2 current directors:
- Guruswamy Shanmugavel Gnanasekar - Director
- Myilvel Sankaran Yuvaraj - Director
The latest financial statements of Orbit Ace 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 Orbit Ace Medicare is 33AAACO6501B1Z7, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Orbit Ace Medicare is U51507TN2003PTC051950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Orbit Ace Medicare has 2 court cases on record: 2 filed by the company. 1 is pending.
Orbit Ace Medicare was incorporated on 13 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Orbit Ace Medicare by revenue are Alixar Healthcare Private Limited, Eonbt Private Limited, Priomed Life Sciences Private Limited, all in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Karimullah Zameerullah ceased to be Director on 19 Feb 2014. Guruswamy Shanmugavel Gnanasekar was appointed as Director on 13 Nov 2003. Myilvel Sankaran Yuvaraj was appointed as Director on 13 Nov 2003.
Orbit Ace Medicare can be reached through the website orbitacemedicare.net. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Orbit Ace Medicare is at No93 Mc Nichols Road Chetpet, Chennai, Tamil Nadu, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
