MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-12-0004749
Shah Eye Care Private Limited - healthcare in Davanagere, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹41.53 Cr
▲ 13% YoY
Net profit · FY 2025
₹11.05 Cr
Net margin 26.6%
EBITDA · FY 2025
₹17.01 Cr
EBITDA margin 41%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹19.71 Lakh
Issued & subscribed
Open charges
₹40.86 Cr
Satisfied ₹7.9 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
48
Provident fund records
About Shah Eye Care Private Limited
Data last updated:
Shah Eye Care Private Limited is a private limited company based in Davanagere, Karnataka, India. It operates in the eye care and ophthalmology clinics segment of the healthcare sector. It was incorporated on 01 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33112KA2005PTC036681. Its GSTIN is 29AAJCS1438E1ZB (Karnataka).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹19.71 Lakh. It was formerly known as Shah Eye-Tech Private Limited. It is led by directors Ajit Kumar Ramanlal Shah and Kalpesh Kumar Ramanlal Jain.
Its last annual general meeting (AGM) was held on 15 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 8 & 9 Karur Industrial Area P.B. Road, Davanagere, Karnataka, India – 577006.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.53 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹11.05 Cr (net margin 26.6%) and EBITDA of ₹17.01 Cr (EBITDA margin 41%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 18% over five years.
The company has about 48 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Shaheyecare. As per MCA filings, the company has open charges of ₹40.86 Cr and satisfied charges of ₹7.9 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Shah Eye Care Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-12-0004749). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shaheyecare.com.
Company details
CIN U33112KA2005PTC036681
Registration Number 036681
Incorporation Date 01 July 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-12-0004749
Recognitions & Rankings of Shah Eye Care
Contact details
Shah Eye Care Private Limited's registered office is in Davanagere, Karnataka. Its website is shaheyecare.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 8 & 9 Karur Industrial Area P.B. Road, Davanagere, Karnataka, India – 577006
- IndustryHealthcare, Eye Care & Ophthalmology Clinics
To see the full contact details of Shah Eye Care Private Limited, buy the company report.
Comprehensive company report
Shah Eye Care 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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Brands
Shah Eye Care operates one associated brand: Shaheyecare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacture of ophthalmic microsurgical knives and related services in the healthcare sector. | shaheyecare.com |
Business activity
The main business activity of Shah Eye Care is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Shah Eye Care Private Limited, buy the company report.
Financials of Shah Eye Care Private Limited
FY 2024 filings availableShah Eye Care Private Limited reported revenue of ₹41.53 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹41.53 Cr ▲ 13%
Net profit · FY 2025
₹11.05 Cr margin 26.6%
EBITDA · FY 2025
₹17.01 Cr margin 41%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 27%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 59%
3 years · compounded
▲ 34%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 13% growth in the latest year. EBITDA rose 59% 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 |
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| EBITDA | ₹17.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.05 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41% | ||||
| Net Profit Margin | 26.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Shah Eye Care Private Limited, buy the company report.
Board of directors of Shah Eye Care Private Limited
Shah Eye Care has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Kumar Ramanlal Shah Also directs: Shah Medical Devices Private Limited, Shah Solar Private Limited, Shah Solar Delhi Private Limited and 5 more | Director | 01 Jul 2005 | 21 Years 4 Months | Current |
| Kalpesh Kumar Ramanlal Jain Also directs: Shah Medical Devices Private Limited, Shah Solar Private Limited, Shah Solar Delhi Private Limited and 5 more | Director | 01 Jul 2005 | 21 Years 4 Months | Current |
Auditor
Shah Eye Care Private Limited is audited by SINGHVI DEV & UNNI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHVI DEV & UNNI | FY 2023 | 003867S |
Shareholding
The shareholding of Shah Eye Care 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 category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shah Eye Care Private Limited, buy the company report.
Charges & borrowings
Open charges
₹40.86 Cr
Satisfied charges
₹7.9 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2023 | 100753118 | Hdfc Bank Limited | ₹24.5 Cr | Open | |
| 20 Oct 2022 | 100643277 | Others | ₹7.5 Cr | Open | |
| 05 Feb 2022 | 100536809 | Others | ₹17 Lakh | Open | |
| 02 Jul 2019 | 100279060 | Axis Bank Limited | ₹8.69 Cr | Open | |
| 17 Oct 2018 | 100215535 | Others | ₹9.65 Lakh | Satisfied |
To see the full charge records of Shah Eye Care Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Shah Eye Care Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DAVANGERE, Karnataka | Court case (IDact-S10(1)(C)) | Filed against the company by individuals | Disposed |
To see the full case history of Shah Eye Care 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 Shah Eye Care Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shah Eye Care Private Limited has a workforce of 48 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
48
Active EPFO establishments
1
Employee growth
9.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 48 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Shah Eye Care Private Limited, buy the company report.
GST
Shah Eye Care has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCS1438E1ZB | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shah Eye Care Private Limited, buy the company report.
Recent activity
Shah Eye Care Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Neelesh Kumar Ramanlal Shah ceased to be Director on 26 Mar 2019.
AGM
Shah Eye Care Private Limited last Annual general meeting of members was held on 15 Nov 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 2,450.00 Lakh registered on 28 Mar 2023 with Charge ID 100753118 was modified on 13 Aug 2024.
Filing
Shah Eye Care Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2,450.00 Lakh with Charge ID 100753118 was registered on 28 Mar 2023.
Charges
A charge with Others amounted to Rs. 750.00 Lakh with Charge ID 100643277 was registered on 20 Oct 2022.
Charges
A charge with Others amounted to Rs. 17.00 Lakh with Charge ID 100536809 was registered on 05 Feb 2022.
Charges
A charge registered on 17 Oct 2018 via Charge ID 100215535 with Others was fully satisfied on 21 Oct 2021.
Charges
A charge with Axis Bank Limited of Rs. 869.00 Lakh registered on 02 Jul 2019 with Charge ID 100279060 was modified on 10 Nov 2020.
Charges
A charge registered on 12 Sep 2017 via Charge ID 100126881 with Hdfc Bank Limited was fully satisfied on 01 Oct 2019.
Charges
A charge registered on 28 Aug 2017 via Charge ID 100129499 with Hdfc Bank Limited was fully satisfied on 01 Oct 2019.
Charges
A charge with Axis Bank Limited amounted to Rs. 869.00 Lakh with Charge ID 100279060 was registered on 02 Jul 2019.
Ceased
Neelesh Kumar Ramanlal Shah ceased to be Director.
13 earlier events are in the company report.
Frequently asked questions
Shah Eye Care is an active private limited company based in Davanagere, Karnataka, India. The company works in eye care and ophthalmology clinics, within the healthcare industry. It was incorporated on 01 July 2005 (21+ years old) and is registered under CIN U33112KA2005PTC036681.
Shah Eye Care has 2 current directors:
- Ajit Kumar Ramanlal Shah - Director
- Kalpesh Kumar Ramanlal Jain - Director
The latest financial statements of Shah Eye Care on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 15 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Shah Eye Care is 29AAJCS1438E1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Shah Eye Care is U33112KA2005PTC036681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shah Eye Care has 1 court case on record: 1 filed against it.
Shah Eye Care was incorporated on 01 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Neelesh Kumar Ramanlal Shah ceased to be Director on 26 Mar 2019. Deepa Ajith Shah ceased to be Director on 28 Apr 2017. Shilpa Kalpesh Shah ceased to be Director on 28 Apr 2017. Shah Eye Care has 6 board changes on record in total.
Yes, Shah Eye Care is registered as a small enterprise under Udyam registration (number: UDYAM-KR-12-0004749).
Shah Eye Care can be reached through the website shaheyecare.com. Its registered office is in Davanagere, Karnataka, India.
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