Hurun India Rich List 2026 edition · 1 director
- #590 Harshvardhan Neotia & family ₹5,700 Cr
Revenue · FY 2025
₹96.82 Cr
▼ 28% YoY
Net loss · FY 2025
₹31.04 Cr
Net margin -32.1%
EBITDA · FY 2025
-₹21.17 Cr
EBITDA margin -21.9%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹15 Cr
Satisfied ₹64.9 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
699
Provident fund records
About Park Hospitals
Data last updated:
Park Hospitals is a public not for profit company based in Kolkata, West Bengal, India. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 28 August 1990 and has been in existence for over 36 years.
Its director Harshvardhan Neotia and family are #590 on the Hurun India Rich List 2026.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U85110WB1990NPL049713. Its GSTIN is 19AAATP7985M1ZK (West Bengal).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹50 Lakh. It was formerly known as Park Hospitals Ltd. It is led by directors including Pradeep Lal Mehta (Managing Director) and Amit Khemka.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2 Rowdon Street Ps Park St, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2025, the company reported a revenue of ₹96.82 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹31.04 Cr (net margin -32.1%) and EBITDA of -₹21.17 Cr (EBITDA margin -21.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 6% over five years.
The company has about 699 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Neotia Mediplus, Neotia Academy Nursing Training Institute and Neotia Bhagirathi Woman and Child Care Centre. As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹64.9 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neotiahospital.com.
Company Details of Park Hospitals
CIN U85110WB1990NPL049713
Registration Number 049713
Incorporation Date 28 August 1990
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
CIN History of Park Hospitals
Park Hospitals has one previous CIN (Corporate Identification Number): U85110WB1990PLC049713. The current CIN is U85110WB1990NPL049713, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110WB1990NPL049713 | Current |
| U85110WB1990PLC049713 | Previous |
Recognitions & Rankings of Park Hospitals
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address2 Rowdon Street Ps Park St, Kolkata, West Bengal, India – 700017
- IndustryHealthcare, Hospitals
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Associated Brands with Park Hospitals
Park Hospitals operates multiple associated brands including Neotia Mediplus, Neotia Academy Nursing Training Institute, and Neotia Bhagirathi Woman and Child Care Centre. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Healthcare services encompassing diagnostics, consultations, and specialty clinics are offered in West Bengal. | neotiamediplus.com | |
| Nursing education and training services in Eastern India. | neotiaacademy.com | |
| Healthcare services focused on women and children in India. | neotiahospital.com |
Business Activity of Park Hospitals
The main business activity of Park Hospitals is hospital and medical care. In detail, this covers hospital activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q1 | Hospital activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Park Hospitals FY 2024 filings available
Park Hospitals reported revenue of ₹96.82 Cr (down 28% YoY) for FY 2025.
Revenue · FY 2025
₹96.82 Cr ▼ 28%
Net loss · FY 2025
₹31.04 Cr margin -32.1%
EBITDA · FY 2025
-₹21.17 Cr margin -21.9%
Compounded Annual Growth Rate (CAGR) of Park Hospitals
Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 4%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 167%
3 years · compounded
▼ 39%
5 years · compounded
▼ 30%
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 167% 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 of Park Hospitals
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹21.17 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹31.04 Cr | •••• | •••• | •••• | •••• |
| 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 of Park Hospitals
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -21.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -32.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Park Hospitals are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Park Hospitals
Park Hospitals has 4 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 |
|---|---|---|---|---|
| Pradeep Lal Mehta Also directs: Ambuja Neotia Holdings Private Limited, Ambuja Neotia Healthcare Venture Limited, Standard Burlap Export Pvt Ltd and 5 more | Managing Director | 18 Jun 2011 | 15 Years 4 Months | Current |
| Amit Khemka | Director | 21 Aug 2023 | 3 Years 1 Months | Current |
| Harshavardhan Neotia Also directs: JK Paper Limited, Ganesh Realty and Mall Development Private Limited, Bengal Ambuja Metro Development Limited and 5 more | Director | 06 Jan 1992 | 34 Years 9 Months | Current |
| Vikash Jaju | Director | 29 Jun 2015 | 11 Years 3 Months | Current |
Peer Comparison of Park Hospitals
Park Hospitals is compared with the companies closest to it by revenue in the Healthcare industry (Multi Specialty Hospitals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Big Healthcare Private Limited | ₹99.88 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Patna, Bihar, India |
| Hosmat Hospital Private Limited | ₹98.95 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
| Suchirayu Health Care Solutions Limited | ₹97.77 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Hubli, Karnataka, India |
| Bhargavi Healthcare Services Private Limited | ₹97.14 Cr (FY 2025) | •••• | •••• | 4355.0% | •••• | Hyderabad, Telangana, India |
| Aggarwal Hospital and Research Services Private Limited | ₹97.14 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Park Hospitals this company | ₹96.82 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Kolkata, West Bengal, India |
| PK Healthcare Private Limited | ₹96.45 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Delhi, India |
| Hayat Hospital Private Limited | ₹95.84 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Guwahati, Assam, India |
| Be Well Hospitals Private Limited | ₹94.99 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Chennai, Tamil Nadu, India |
| Park Medicity (North) Private Limited | ₹94.98 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Trustwell Hospitals Private Limited | ₹93.94 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Park Hospitals by revenue in the Healthcare industry (Multi Specialty Hospitals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Park Hospitals
Park Hospitals is audited by G.P. Agrawal & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G.P. Agrawal & Co. | Locked | Locked | Locked |
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Ownership and Shareholding of Park Hospitals
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Charges & Borrowings of Park Hospitals
Open charges
₹15 Cr
Satisfied charges
₹64.9 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Dec 2022 | Hdfc Bank Limited | ₹15 Cr | Open |
| 30 Aug 2017 | Hdfc Bank Limited | ₹45 Cr | Satisfied |
| 30 Jul 2016 | Hdfc Bank Limited | ₹8.5 Cr | Satisfied |
| 27 Dec 2010 | Hdfc Bank Limited | ₹5 Cr | Satisfied |
| 21 Oct 2005 | Indusind Bank Ltd. | ₹6.4 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Park Hospitals
Park Hospitals has 2 court cases on record: 2 filed by Park Hospitals. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Writ petition | Filed by the company against Cesc Ltd | Disposed |
| Calcutta High Court | Civil suit | Filed by the company against an individual | Disposed |
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Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Park Hospitals
Park Hospitals has a workforce of 699 employees as of Apr 06, 2024.
Employee count
699
Active EPFO establishments
1
Employee growth
6.07%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Park Hospitals
Park Hospitals has 13 board changes on record since 1992: 4 appointments and 9 cessations. The latest: Amit Khemka ceased to be Additional Director on 29 Sep 2023.
AGM
Park Hospitals last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 15.00 Cr registered on 08 Dec 2022 with Charge ID 100670360 was modified on 13 May 2024.
Filing
Park Hospitals has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Ceased
Amit Khemka ceased to be Additional Director.
Appointed
Amit Khemka was appointed as Director.
Charges
A charge registered on 30 Jul 2016 via Charge ID 100054544 with Hdfc Bank Limited was fully satisfied on 24 Jul 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100670360 was registered on 08 Dec 2022.
Ceased
Sudip Kumar Chakravarti ceased to be Director.
Charges
A charge registered on 30 Aug 2017 via Charge ID 100159725 with Hdfc Bank Limited was fully satisfied on 06 May 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 45.00 Cr registered on 30 Aug 2017 with Charge ID 100159725 was modified on 12 Feb 2019.
Charges
A charge with Hdfc Bank Limited of Rs. 8.50 Cr registered on 30 Jul 2016 with Charge ID 100054544 was modified on 12 Feb 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 45.00 Cr with Charge ID 100159725 was registered on 30 Aug 2017.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Park Hospitals
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MSME Payment Delays by Park Hospitals
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Subsidiaries & Group Companies of Park Hospitals
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Corporate group structure
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GST Compliance of Park Hospitals
Park Hospitals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAATP7985M1ZK | West Bengal | Active | 01 Jul 2017 |
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GST registrations and filing compliance
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MCA Filings & Documents of Park Hospitals
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Frequently Asked Questions about Park Hospitals
Park Hospitals is an active public not for profit company based in Kolkata, West Bengal, India. The company works in hospitals, within the healthcare industry. It was incorporated on 28 August 1990 (36+ years old) and is registered under CIN U85110WB1990NPL049713.
Park Hospitals reported revenue of ₹96.82 Cr for FY 2025 (down 28% YoY).
Park Hospitals has 4 current directors:
- Pradeep Lal Mehta - Managing Director
- Amit Khemka - Director
- Harshavardhan Neotia - Director
- Vikash Jaju - Director
Park Hospitals reported a net loss of ₹31.04 Cr (net margin -32.1%) and EBITDA of -₹21.17 Cr (EBITDA margin -21.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Park Hospitals is -4% over three years and 6% over five years. In the latest year (FY 2025) revenue fell 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Park Hospitals is 19AAATP7985M1ZK, registered in West Bengal.
The CIN (Corporate Identification Number) of Park Hospitals is U85110WB1990NPL049713. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Park Hospitals has 2 court cases on record: 2 filed by the company.
Park Hospitals was incorporated on 28 August 1990, making it 36+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Park Hospitals by revenue are Big Healthcare Private Limited, Hosmat Hospital Private Limited, Suchirayu Health Care Solutions Limited, Bhargavi Healthcare Services Private Limited, Aggarwal Hospital and Research Services Private Limited and 5 more, all in the Healthcare industry (Multi Specialty Hospitals).
Amit Khemka ceased to be Additional Director on 29 Sep 2023. Amit Khemka was appointed as Director on 21 Aug 2023. Sudip Kumar Chakravarti ceased to be Director on 08 Nov 2022. Park Hospitals has 13 board changes on record in total.