MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0045732
Parshva Medicare Private Limited - trading in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹71.24 Cr
▲ 4% YoY
Net profit · FY 2025
₹1.11 Cr
Net margin 1.6%
EBITDA · FY 2025
₹3.65 Cr
EBITDA margin 5.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹43.83 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Parshva Medicare Private Limited
Data last updated:
Parshva Medicare Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 16 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC268503. Its GSTIN is 27AAICP2805K1Z9 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Hemal Shashikant Bhalani and Jeenisha Hemal Bhalani.
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 214 – 215 Neelkanth Corporate IT Park Kirol Road Sterlite Compound Vidyavihar West, Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2025, the company reported a revenue of ₹71.24 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.11 Cr (net margin 1.6%) and EBITDA of ₹3.65 Cr (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹43.83 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 2 cases are pending.
Parshva Medicare Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0045732). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parshvamedicare.com.
Company details
CIN U74999MH2015PTC268503
Registration Number 268503
Incorporation Date 16 September 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0045732
Recognitions & Rankings of Parshva Medicare
Contact details
Parshva Medicare Private Limited's registered office is in Mumbai, Maharashtra. Its website is parshvamedicare.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address214 – 215 Neelkanth Corporate IT Park Kirol Road Sterlite Compound Vidyavihar West, Mumbai, Maharashtra, India – 400086
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Parshva Medicare Private Limited, buy the company report.
Comprehensive company report
Parshva Medicare 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 Parshva 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 Parshva Medicare Private Limited, buy the company report.
Financials of Parshva Medicare Private Limited
FY 2024 filings availableParshva Medicare Private Limited reported revenue of ₹71.24 Cr (up 4% YoY) for FY 2025.
Revenue · FY 2025
₹71.24 Cr ▲ 4%
Net profit · FY 2025
₹1.11 Cr margin 1.6%
EBITDA · FY 2025
₹3.65 Cr margin 5.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 17%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 11%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 4% growth in the latest year. EBITDA rose 20% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.11 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | 1.6% | ||||
| 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 Parshva Medicare Private Limited, buy the company report.
Board of directors of Parshva Medicare Private Limited
Parshva Medicare has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemal Shashikant Bhalani | Director | 16 Sep 2015 | 11 Years 1 Months | Current |
| Jeenisha Hemal Bhalani | Director | 16 Sep 2015 | 11 Years 1 Months | Current |
Peer comparison
Parshva Medicare Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Aic Enterprises Private Limited | ₹72.16 Cr (FY 2025) | 8.0% | Bangalore, Karnataka, India | |||
| Hospimedica International Limited | ₹71.43 Cr (FY 2024) | 28.0% | New Delhi, Delhi, India | |||
| Deep Medical Devices Private Limited | ₹71.41 Cr (FY 2024) | 22.0% | Ahmedabad, Gujarat, India | |||
| Parshva Medicare Private Limitedthis company | ₹71.24 Cr (FY 2025) | ₹1.11 Cr | 1.6% | 4.0% | Mumbai, Maharashtra, India | |
| Sneh Biotech Private Limited | ₹70.24 Cr (FY 2024) | 9.0% | New Delhi, Delhi, India |
To see the full peer comparison of Parshva Medicare Private Limited, buy the company report.
Auditor
Parshva Medicare Private Limited is audited by Haren Parekh & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Haren Parekh & Co. | FY 2023 | 114075W |
Shareholding
The shareholding of Parshva Medicare Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Parshva Medicare Private Limited, buy the company report.
Charges & borrowings
Open charges
₹43.83 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2025 | 101121805 | Standard Chartered Bank | ₹15 Cr | Open | |
| 28 Jun 2022 | 100596234 | Others | ₹50 Lakh | Open | |
| 14 Jul 2020 | 100360033 | Others | ₹1.33 Cr | Open | |
| 11 Jun 2018 | 100201594 | Others | ₹27 Cr | Open |
To see the full charge records of Parshva Medicare Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Parshva Medicare Private Limited has 5 court cases on record: 5 filed by Parshva Medicare. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
5
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 2 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Sai Medicure Services Private Limited (Sai Hospital Chembur) and 4 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Netradham Hospitals Private Limited and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Netradham Hospitals Private Limited | Disposed |
To see the full case history of Parshva 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 Parshva Medicare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parshva Medicare has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP2805K1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Parshva Medicare Private Limited, buy the company report.
Recent activity
Parshva Medicare Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Hemal Shashikant Bhalani was appointed as Director on 16 Sep 2015.
Charges
A charge with Standard Chartered Bank amounted to Rs. 1,500.00 Lakh with Charge ID 101121805 was registered on 30 Jun 2025.
AGM
Parshva Medicare Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 2,700.00 Lakh registered on 11 Jun 2018 with Charge ID 100201594 was modified on 30 Sep 2024.
Filing
Parshva Medicare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100596234 was registered on 28 Jun 2022.
Charges
A charge with Others amounted to Rs. 133.00 Lakh with Charge ID 100360033 was registered on 14 Jul 2020.
Charges
A charge with Others amounted to Rs. 2,700.00 Lakh with Charge ID 100201594 was registered on 11 Jun 2018.
Appointed
Hemal Shashikant Bhalani was appointed as Director.
Appointed
Jeenisha Hemal Bhalani was appointed as Director.
Incorporation
16 Sep 2015
Parshva Medicare Private Limited was registered on 16 Sep 2015 with Roc Mumbai & aged 11 years 1 month as per MCA records.
Frequently asked questions
Parshva Medicare is an active private limited company based in Mumbai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 16 September 2015 (11+ years old) and is registered under CIN U74999MH2015PTC268503.
Parshva Medicare has 2 current directors:
- Hemal Shashikant Bhalani - Director
- Jeenisha Hemal Bhalani - Director
The latest financial statements of Parshva Medicare on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Parshva Medicare is 27AAICP2805K1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Parshva Medicare is U74999MH2015PTC268503. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parshva Medicare has 5 court cases on record: 5 filed by the company. 2 are pending.
Parshva Medicare was incorporated on 16 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Parshva Medicare by revenue are Aic Enterprises Private Limited, Hospimedica International Limited, Deep Medical Devices Private Limited, Sneh Biotech Private Limited, all in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Hemal Shashikant Bhalani was appointed as Director on 16 Sep 2015. Jeenisha Hemal Bhalani was appointed as Director on 16 Sep 2015.
Yes, Parshva Medicare is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0045732).
Parshva Medicare can be reached through the website parshvamedicare.com. Its registered office is in Mumbai, Maharashtra, India.
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