MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0045176
Shantinath Healthcare LLP
Shantinath Healthcare LLP - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹66.79 Cr
▲ 37% YoY
Net profit · FY 2023
₹4.07 Cr
Net margin 6.1%
EBITDA · FY 2023
₹4.88 Cr
EBITDA margin 7.3%
Contribution obligation
₹1 Lakh
As per LLP agreement
Open charges
₹10.89 Cr
Secured borrowings
LLP age
10 yrs
Est. 2016
Employees · EPFO
46
Provident fund records
Designated partners
2
As per MCA filings
About Shantinath Healthcare LLP
Data last updated:
Shantinath Healthcare LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 18 March 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAF-9806. The LLP has 1 GST registration on record, which is no longer active.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Shashikant Chottalal Bhalani and Chandrika Shashikant Bhalani.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 201 Neelkanth Corporate Park Vidyavihar West, Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹66.79 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹4.07 Cr (net margin 6.1%) and EBITDA of ₹4.88 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 16% over five years.
The LLP has about 46 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹10.89 Cr on record. Court records list 5 cases involving the LLP, including 4 filed by the LLP and 1 filed against it; 3 cases are pending.
Shantinath Healthcare LLP is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0045176).
Company details
LLPIN AAF-9806
Incorporation Date 18 March 2016
Total Obligation of Contribution ₹1 Lakh
ROC Mumbai
Company Status Active
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0045176
Key People
Shashikant Chottalal Bhalani Designated Partner Chandrika Shashikant Bhalani Designated Partner Recognitions & Rankings of Shantinath Healthcare
Contact details
Shantinath Healthcare LLP's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address201 Neelkanth Corporate Park Vidyavihar West, Mumbai, Maharashtra, India – 400086
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Shantinath Healthcare LLP, buy the company report.
Comprehensive company report
Shantinath Healthcare LLP - 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 Shantinath Healthcare LLP
FY 2025 filings availableShantinath Healthcare LLP reported revenue of ₹66.79 Cr (up 37% YoY) for FY 2023.
Revenue · FY 2023
₹66.79 Cr ▲ 37%
Net profit · FY 2023
₹4.07 Cr margin 6.1%
EBITDA · FY 2023
₹4.88 Cr margin 7.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 7%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 83%
3 years · compounded
▼ 21%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 37% growth in the latest year. EBITDA rose 83% 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
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| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹4.07 Cr | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
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| Loans and Advances | |||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 6.1% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Shantinath Healthcare LLP, buy the company report.
Designated partners of Shantinath Healthcare LLP
Shantinath Healthcare has 2 designated partners on record. No former designated partners are listed.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashikant Chottalal Bhalani | Designated Partner | 18 Mar 2016 | 10 Years 7 Months | Current |
| Chandrika Shashikant Bhalani | Designated Partner | 18 Mar 2016 | 10 Years 7 Months | Current |
Charges & borrowings
Open charges
₹10.89 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jun 2022 | 100625923 | Kotak Mahindra Bank Limited | ₹25 Lakh | Open | |
| 09 Jul 2020 | 100492178 | Kotak Mahindra Bank Limited | ₹64 Lakh | Open | |
| 18 Mar 2016 | 100497667 | Kotak Mahindra Bank Limited | ₹10 Cr | Open |
To see the full charge records of Shantinath Healthcare LLP, buy the company report.
Total charge records: 3 View all charges
Legal cases
Shantinath Healthcare LLP has 5 court cases on record: 4 filed by Shantinath Healthcare, 1 filed against it. 3 cases are pending and 2 are disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Pending
3
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 3 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against an individual | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by M/S. Prudent Marketing Through Prop. Jayant Vasant Fadanvis | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed by the company against Cumballa Hill Hospital and Heart Institute | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Cumballa Hill Hospital and Heart Institute | Disposed |
To see the full case history of Shantinath Healthcare LLP, 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 Shantinath Healthcare LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Shantinath Healthcare LLP has a workforce of 46 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
46
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 46 |
| FY 2025-26 |
To see the full employee and EPFO history of Shantinath Healthcare LLP, buy the company report.
GST
Shantinath Healthcare 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 Shantinath Healthcare LLP, buy the company report.
Recent activity
Shantinath Healthcare LLP has 2 designated partner changes on record since 2016: 2 appointments. The latest: Chandrika Shashikant Bhalani was appointed as Designated Partner on 18 Mar 2016.
AGM
Shantinath Healthcare Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Shantinath Healthcare Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Kotak Mahindra Bank Limited of Rs. 1,000.00 Lakh registered on 18 Mar 2016 with Charge ID 100497667 was modified on 29 Aug 2023.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 25.00 Lakh with Charge ID 100625923 was registered on 16 Jun 2022.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 64.00 Lakh with Charge ID 100492178 was registered on 09 Jul 2020.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 1,000.00 Lakh with Charge ID 100497667 was registered on 18 Mar 2016.
Appointed
Chandrika Shashikant Bhalani was appointed as Designated Partner.
Appointed
Shashikant Chottalal Bhalani was appointed as Designated Partner.
Incorporation
18 Mar 2016
Shantinath Healthcare Llp was registered on 18 Mar 2016 with Roc Mumbai & aged 10 years 7 months as per MCA records.
Frequently asked questions
Shantinath Healthcare is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 18 March 2016 (10+ years old) and is registered under LLPIN AAF-9806.
Shantinath Healthcare has 2 current designated partners:
- Shashikant Chottalal Bhalani - Designated Partner
- Chandrika Shashikant Bhalani - Designated Partner
The latest financial statements of Shantinath Healthcare on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2016 are in the company report.
No. Shantinath Healthcare has 1 GST registration on record and it is cancelled or inactive.
The LLPIN (Limited Liability Partnership Identification Number) of Shantinath Healthcare is AAF-9806. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Shantinath Healthcare has 5 court cases on record: 4 filed by the LLP and 1 filed against it. 3 are pending.
Shantinath Healthcare was incorporated on 18 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Chandrika Shashikant Bhalani was appointed as Designated Partner on 18 Mar 2016. Shashikant Chottalal Bhalani was appointed as Designated Partner on 18 Mar 2016.
Yes, Shantinath Healthcare is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0045176).
The registered office of Shantinath Healthcare is at 201 Neelkanth Corporate Park Vidyavihar West, Mumbai, Maharashtra, India – 400086.
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