S H Pitkar Orthotools Private Limited

S H Pitkar Orthotools Private Limited - healthcare in Maval, Maharashtra, India. FY 2026 financials & compliance.
CIN U33119PN1990PTC055384 Incorporated 12 February 1990 ROC Pune HQ Maval, Maharashtra, India
Active Private Limited Company healthcare MSME · Small
Data last updated
Revenue · FY 2023
₹56.12 Cr
▲ 118% YoY
Net profit · FY 2023
₹4.61 Cr
Net margin 8.2%
EBITDA · FY 2023
₹11.03 Cr
EBITDA margin 19.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹35.45 Lakh
Issued & subscribed
Open charges
₹26.37 Cr
Satisfied ₹32.59 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
136
Provident fund records

About S H Pitkar Orthotools Private Limited

Data last updated:

S H Pitkar Orthotools Private Limited is a private limited company based in Maval, Maharashtra, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 12 February 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U33119PN1990PTC055384. Its GSTIN is 27AACCS6013Q1Z0 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹35.45 Lakh. It is led by directors Vivek Vaman Mangalwedhekar and Neha Vivek Mangalwedhekar.

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 G No 36 37 Rmk Industrial Park, Maval, Maharashtra.

As per the financials filed for FY 2023, the company reported a revenue of ₹56.12 Cr, a growth of 118% compared to the previous year. For the same year it recorded a net profit of ₹4.61 Cr (net margin 8.2%) and EBITDA of ₹11.03 Cr (EBITDA margin 19.6%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 14% over five years.

The company has about 136 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹26.37 Cr and satisfied charges of ₹32.59 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 3 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2021.

S H Pitkar Orthotools Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0013985). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pitkar.com.

Company details

CIN U33119PN1990PTC055384
Registration Number 055384
Incorporation Date 12 February 1990
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0013985

CIN history

S H Pitkar Orthotools has one previous CIN (Corporate Identification Number): U33119MH1990PTC055384. The current CIN is U33119PN1990PTC055384, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U33119PN1990PTC055384Current
U33119MH1990PTC055384Previous
Key People
Vivek Vaman Mangalwedhekar Director Neha Vivek Mangalwedhekar Director

Recognitions & Rankings of S H Pitkar Orthotools

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-26-0013985

Contact details

S H Pitkar Orthotools Private Limited's registered office is in Maval, Maharashtra. Its website is pitkar.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    pitkar.com
  • Social Media
  • Registered Address
    G No 36 37 Rmk Industrial Park II, Jadhavwadi Navlakh Umbare, Maval, Maharashtra, India – 410507
  • Industry
    Healthcare, Medical & Laboratory Equipment

To see the full contact details of S H Pitkar Orthotools Private Limited, buy the company report.

Comprehensive company report
S H Pitkar Orthotools 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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Financials of S H Pitkar Orthotools Private Limited

FY 2025 filings available

S H Pitkar Orthotools Private Limited reported revenue of ₹56.12 Cr (up 118% YoY) for FY 2023.

Revenue · FY 2023
₹56.12 Cr ▲ 118%
Net profit · FY 2023
₹4.61 Cr margin 8.2%
EBITDA · FY 2023
₹11.03 Cr margin 19.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 118%
3 years · compounded
▲ 23%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 299%
3 years · compounded
▲ 15%
5 years · compounded
▼ 1%

Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 118% growth in the latest year. EBITDA rose 299% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹56.12 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹11.03 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.61 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin19.6%
Net Profit Margin8.2%
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 S H Pitkar Orthotools Private Limited, buy the company report.

Board of directors of S H Pitkar Orthotools Private Limited

S H Pitkar Orthotools has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vivek Vaman MangalwedhekarDirector12 Feb 199036 Years 8 MonthsCurrent
Neha Vivek Mangalwedhekar
Also directs: Osteotech Private Limited
Director12 Feb 199036 Years 8 MonthsCurrent
View all directors

Auditor

S H Pitkar Orthotools Private Limited is audited by MSDN & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MSDN & AssociatesFY 2023112479W

Shareholding

The shareholding of S H Pitkar Orthotools 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of S H Pitkar Orthotools Private Limited, buy the company report.

Charges & borrowings

Open charges
₹26.37 Cr
Satisfied charges
₹32.59 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹25.37 Cr
Others₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Dec 2021100507065Hdfc Bank Limited₹25.37 CrOpen
08 Jul 200580032573Others₹1 CrOpen
06 Jul 2019100274792Others₹1.02 CrSatisfied
06 Jul 2019100274794Others₹12.46 LakhSatisfied
12 Dec 2018100235440Others₹1.74 CrSatisfied

To see the full charge records of S H Pitkar Orthotools Private Limited, buy the company report.

Total charge records: 27 View all charges

Deals & funding

S H Pitkar Orthotools Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2021.

Total deals
3
Secondary share transfers
3

Deals on record (3 of 3)

WhenDealAmountParties
Mar 2021Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Mar 2021Secondary share transferUndisclosedSeller: 2 individuals
Jul 2016Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for S H Pitkar Orthotools Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

S H Pitkar Orthotools Private Limited has a workforce of 136 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
136
Active EPFO establishments
1
Employee growth
-4.9%

GST

S H Pitkar Orthotools has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AACCS6013Q1Z0MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of S H Pitkar Orthotools Private Limited, buy the company report.

Recent activity

S H Pitkar Orthotools Private Limited has 8 board changes on record since 1990: 5 appointments and 3 cessations. The latest: Bhushan Hari Pitkar ceased to be Director on 25 Mar 2021.

AGM
S H Pitkar Orthotools Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 2,537.17 Lakh registered on 02 Dec 2021 with Charge ID 100507065 was modified on 24 Jul 2025.
Filing
S H Pitkar Orthotools Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others of Rs. 100.00 Lakh registered on 08 Jul 2005 with Charge ID 80032573 was modified on 31 Jan 2022.
Charges
A charge registered on 08 Jul 2005 via Charge ID 80032575 with Cosmos Co-Operative Bank Limited was fully satisfied on 29 Dec 2021.
Charges
A charge registered on 08 Jul 2005 via Charge ID 80032574 with Cosmos Co-Operative Bank Limited was fully satisfied on 28 Dec 2021.
Charges
A charge registered on 08 Jul 2005 via Charge ID 90093244 with Others was fully satisfied on 28 Dec 2021.
Charges
A charge registered on 06 Jul 2019 via Charge ID 100274794 with Others was fully satisfied on 27 Dec 2021.
Charges
A charge registered on 04 Aug 2017 via Charge ID 100125429 with Others was fully satisfied on 27 Dec 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2,537.17 Lakh with Charge ID 100507065 was registered on 02 Dec 2021.
Charges
A charge registered on 12 Dec 2018 via Charge ID 100235440 with Others was fully satisfied on 15 Nov 2021.
Charges
A charge registered on 23 Aug 2016 via Charge ID 100049189 with Others was fully satisfied on 13 Oct 2021.

62 earlier events are in the company report.

Frequently asked questions

S H Pitkar Orthotools is an active private limited company based in Maval, Maharashtra, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 12 February 1990 (36+ years old) and is registered under CIN U33119PN1990PTC055384.

S H Pitkar Orthotools has 2 current directors:

The latest financial statements of S H Pitkar Orthotools 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 S H Pitkar Orthotools is 27AACCS6013Q1Z0, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of S H Pitkar Orthotools is U33119PN1990PTC055384. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

S H Pitkar Orthotools has 7 court cases on record: 3 filed by the company and 4 filed against it. 3 are pending. Most are in the high courts.

S H Pitkar Orthotools was incorporated on 12 February 1990, making it 36+ years old. It is registered with the Registrar of Companies, Pune.

S H Pitkar Orthotools has 3 deals on record (3 secondary share transfers); the latest was in March 2021.

Bhushan Hari Pitkar ceased to be Director on 25 Mar 2021. Nupur Bhushan Pitkar ceased to be Director on 25 Mar 2021. Sadhana Hari Pitkar ceased to be Director on 25 Mar 2021. S H Pitkar Orthotools has 8 board changes on record in total.

Yes, S H Pitkar Orthotools is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0013985).