Panvel Medical Research Centre Private Limited

Panvel Medical Research Centre Private Limited - healthcare in Panvel, Maharashtra, India. FY 2026 financials & compliance.
CIN U85110MH2002PTC134469 Incorporated 07 January 2002 ROC Mumbai HQ Panvel, Maharashtra, India
Active Private Limited Company healthcare MSME · Small
Data last updated
Revenue · FY 2025
₹10.35 Cr
▲ 1% YoY
Net profit · FY 2025
₹18.76 Lakh
Net margin 1.8%
EBITDA · FY 2025
₹1.29 Cr
EBITDA margin 12.5%
Authorised capital
₹16 Lakh
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹5.59 Cr
Satisfied ₹21.15 Cr
Company age
24 yrs
Est. 2002
Directors on board
3
As per MCA filings

About Panvel Medical Research Centre Private Limited

Data last updated:

Panvel Medical Research Centre Private Limited is a private limited company based in Panvel, Maharashtra, India. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 07 January 2002 and has been in existence for over 24 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85110MH2002PTC134469. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹16 Lakh and a paid-up capital of ₹1.5 Cr. It was formerly known as Panvel Medical Research Centre. It is led by directors including Santosh Singh Subhash and Subhash Jugul Singh.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pl – 101/04 Hoc Chs Ltd Thana Road Old Panvel, Maharashtra, India – 410206.

As per the financials filed for FY 2025, the company reported a revenue of ₹10.35 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹18.76 Lakh (net margin 1.8%) and EBITDA of ₹1.29 Cr (EBITDA margin 12.5%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 7% over five years.

As per MCA filings, the company has open charges of ₹5.59 Cr and satisfied charges of ₹21.15 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.

Panvel Medical Research Centre Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-27-0044128). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U85110MH2002PTC134469
Registration Number 134469
Incorporation Date 07 January 2002
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-27-0044128

CIN history

Panvel Medical Research Centre has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U85110MH2002PTC134469, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U85110MH2002PTC134469Current
U85110MH2002NPL134469Previous
L85110MH2002NPL134469Previous
Key People
Santosh Singh Subhash Director Subhash Jugul Singh Director Kriteya Subhash Singh Director

Recognitions & Rankings of Panvel Medical Research Centre

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-27-0044128

Contact details

Panvel Medical Research Centre Private Limited's registered office is in Panvel, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Pl – 101/04 Hoc Chs Ltd Thana Road Old Panvel, Maharashtra, India – 410206
  • Industry
    Healthcare, Hospitals

To see the full contact details of Panvel Medical Research Centre Private Limited, buy the company report.

Comprehensive company report
Panvel Medical Research Centre 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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Business activity

The main business activity of Panvel Medical Research Centre is hospital and medical care. In detail, this covers hospital activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
QHospital and Medical CareQ1Hospital activities

To see the full business activity and turnover split of Panvel Medical Research Centre Private Limited, buy the company report.

Financials of Panvel Medical Research Centre Private Limited

FY 2024 filings available

Panvel Medical Research Centre Private Limited reported revenue of ₹10.35 Cr (up 1% YoY) for FY 2025.

Revenue · FY 2025
₹10.35 Cr ▲ 1%
Net profit · FY 2025
₹18.76 Lakh margin 1.8%
EBITDA · FY 2025
₹1.29 Cr margin 12.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 12%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 28%
5 years · compounded
▼ 17%

Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 6% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹1.29 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹18.76 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin12.5%
Net Profit Margin1.8%
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 Panvel Medical Research Centre Private Limited, buy the company report.

Board of directors of Panvel Medical Research Centre Private Limited

Panvel Medical Research Centre has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Santosh Singh Subhash
Also directs: Chunar Farmer Farm Producer Company Limited, New Panvel Panacea Hospital Private Limited
Director14 Nov 200916 Years 11 MonthsCurrent
Subhash Jugul Singh
Also directs: Chunar Farmer Farm Producer Company Limited, New Panvel Panacea Hospital Private Limited, Backwood Aroma Organics Private Limited and 1 more
Director07 Jan 200224 Years 10 MonthsCurrent
Kriteya Subhash Singh
Also directs: Chunar Farmer Farm Producer Company Limited, New Panvel Panacea Hospital Private Limited
Director21 Jan 20197 Years 9 MonthsCurrent
View all directors

Peer comparison

Panvel Medical Research Centre Private Limited is compared with the 5 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Curemark Health Care Private Limited₹10.4 Cr (FY 2024)Phulwarisharif, Bihar, India
Carevalue Lifesciences Private Limited₹10.39 Cr (FY 2024)57.0%Kashipur, Uttarakhand, India
Jagdish Memorial Hospital Private Limited₹10.36 Cr (FY 2024)-3.0%Patna, Bihar, India
Panvel Medical Research Centre Private Limitedthis company₹10.35 Cr (FY 2025)₹18.76 Lakh1.8%1.0%Panvel, Maharashtra, India
Joshi Hospital Private Limited₹10.32 Cr (FY 2024)40.0%Pune, Maharashtra, India
Maxilife Hospital Private Limited₹10.31 Cr (FY 2025)23.0%Ulhasnagar, Maharashtra, India

To see the full peer comparison of Panvel Medical Research Centre Private Limited, buy the company report.

Auditor

Panvel Medical Research Centre Private Limited is audited by Y M DESAI AND CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Y M DESAI AND COFY 2022102371W

Shareholding

The shareholding of Panvel Medical Research Centre 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 categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Panvel Medical Research Centre Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5.59 Cr
Satisfied charges
₹21.15 Cr
Breakdown by lending institutions
Bank of India₹2.87 Cr
Others₹2.72 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
01 Dec 2023100821271Bank of India₹9.6 LakhOpen
03 Feb 2023100691864Others₹2.72 CrOpen
07 Jun 2022100586625Bank of India₹1.28 CrOpen
08 Jul 2020100377608Bank of India₹1.5 CrOpen
25 Nov 201310464536Bank of India₹9.5 CrSatisfied

To see the full charge records of Panvel Medical Research Centre Private Limited, buy the company report.

Total charge records: 16 View all charges

MSME payment delays

Panvel Medical Research Centre Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 13 overdue payments to 13 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 13)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Panvel Medical Research Centre Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Panvel Medical Research Centre has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Panvel Medical Research Centre Private Limited, buy the company report.

Recent activity

Panvel Medical Research Centre Private Limited has 6 board changes on record since 2002: 3 appointments and 3 cessations. The latest: Gaurav Gupta ceased to be Director on 10 Jul 2019.

AGM
Panvel Medical Research Centre Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Panvel Medical Research Centre Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Bank Of India of Rs. 150.00 Lakh registered on 08 Jul 2020 with Charge ID 100377608 was modified on 05 Feb 2024.
Charges
A charge with Bank Of India amounted to Rs. 9.60 Lakh with Charge ID 100821271 was registered on 01 Dec 2023.
Charges
A charge with Others amounted to Rs. 272.10 Lakh with Charge ID 100691864 was registered on 03 Feb 2023.
Charges
A charge with Bank Of India amounted to Rs. 127.50 Lakh with Charge ID 100586625 was registered on 07 Jun 2022.
Charges
A charge registered on 25 Nov 2013 via Charge ID 10464536 with Bank Of India was fully satisfied on 08 Mar 2022.
Charges
A charge registered on 13 Nov 2013 via Charge ID 10464420 with Bank Of India was fully satisfied on 08 Mar 2022.
Charges
A charge registered on 13 Nov 2013 via Charge ID 10464534 with Bank Of India was fully satisfied on 08 Mar 2022.
Charges
A charge registered on 20 Jan 2012 via Charge ID 10340650 with Bank Of India was fully satisfied on 08 Mar 2022.
Charges
A charge registered on 20 Jan 2012 via Charge ID 10340653 with Bank Of India was fully satisfied on 08 Mar 2022.
Charges
A charge registered on 16 Feb 2004 via Charge ID 90148575 with Bank Of India was fully satisfied on 08 Mar 2022.

27 earlier events are in the company report.

Frequently asked questions

Panvel Medical Research Centre is an active private limited company based in Panvel, Maharashtra, India. The company works in hospitals, within the healthcare industry. It was incorporated on 07 January 2002 (24+ years old) and is registered under CIN U85110MH2002PTC134469.

Panvel Medical Research Centre has 3 current directors:

The latest financial statements of Panvel Medical Research Centre on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

No. Panvel Medical Research Centre has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Panvel Medical Research Centre is U85110MH2002PTC134469. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Panvel Medical Research Centre has 2 court cases on record: 2 filed against it.

Panvel Medical Research Centre was incorporated on 07 January 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Panvel Medical Research Centre by revenue are Curemark Health Care Private Limited, Carevalue Lifesciences Private Limited, Jagdish Memorial Hospital Private Limited, Joshi Hospital Private Limited, Maxilife Hospital Private Limited, all in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities).

Gaurav Gupta ceased to be Director on 10 Jul 2019. Kriteya Subhash Singh was appointed as Director on 21 Jan 2019. Ranjana Vijay Mathur ceased to be Director on 06 Jan 2016. Panvel Medical Research Centre has 6 board changes on record in total.

Yes, Panvel Medical Research Centre is registered as a small enterprise under Udyam registration (number: UDYAM-MH-27-0044128).

Panvel Medical Research Centre has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 13 overdue payments to 13 micro and small suppliers. The latest return was filed on 30 Apr 2022.

The registered office of Panvel Medical Research Centre is at Pl – 10104 Hoc Chs Ltd Thana Road Old Panvel, Maharashtra, India – 410206.