- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0099635

About Smith & Nephew GBS Private Limited
Data last updated:
Smith & Nephew GBS Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Smith & Nephew Asia Pacific Pte Ltd. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 26 June 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29297MH1992PTC067454. Its GSTIN is 27AADCA0618C1ZB (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹56.24 Lakh. It is led by directors including Nikunj Kishor Shah and Kundan Tambde.
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 Podium Floor Tower 4 World Trade Center S No 1 Kharadi, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2025, the company reported a revenue of ₹148.5 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹24.61 Cr (net margin 16.6%) and EBITDA of ₹40.28 Cr (EBITDA margin 27.1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 5% over five years.
The company has about 493 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Adler Mediequip. As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹9.56 Cr on record. Court records list 23 cases involving the company, including 23 filed against it. The company has 6 deals on record (3 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹32.33 Cr; the latest was in January 2018. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 881 overdue payments to 77 micro and small suppliers.
Smith & Nephew GBS Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0099635). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adlermediequip.com.
Company details
Recognitions & Rankings of Smith & Nephew GBS
Contact details
Smith & Nephew GBS Private Limited's registered office is in Pune, Maharashtra. Its website is adlermediequip.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPodium Floor Tower 4 World Trade Center S No 1 Kharadi, Pune, Maharashtra, India – 411014
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Smith & Nephew GBS Private Limited, buy the company report.
- 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
Brands
Smith & Nephew GBS operates one associated brand: Adler Mediequip. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops orthopedic implants and instrumentation | adlermediequip.com |
Business activity
The main business activity of Smith & Nephew GBS is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Smith & Nephew GBS Private Limited, buy the company report.
Financials of Smith & Nephew GBS Private Limited
FY 2024 filings availableSmith & Nephew GBS Private Limited reported revenue of ₹148.5 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 23% growth in the latest year. EBITDA rose 88% 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 | ₹40.28 Cr | ||||
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| Net Profit (PAT) | ₹24.61 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 27.1% | ||||
| Net Profit Margin | 16.6% | ||||
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To see the full financial statements and ratios of Smith & Nephew GBS Private Limited, buy the company report.
Board of directors of Smith & Nephew GBS Private Limited
Smith & Nephew GBS has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikunj Kishor Shah Also directs: Smith & Nephew Healthcare Private Limited | Director | 30 Oct 2013 | 13 Years 0 Months | Current |
| Kundan Tambde Also directs: Smith & Nephew Healthcare Private Limited | Director | 01 Sep 2023 | 3 Years 2 Months | Current |
| Sankar Narayan | Director | 08 Sep 2023 | 3 Years 1 Months | Current |
Auditor
Smith & Nephew GBS Private Limited is audited by BSR & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR & Associates LLP | FY 2023 | 116231W/W100024 |
Shareholding
The shareholding of Smith & Nephew GBS 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 Smith & Nephew GBS Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Mar 2021 | 100434745 | The Hongkong and Shanghai Banking Corporation Limited | ₹1.81 Cr | Open | |
| 13 Apr 2017 | 100092129 | The Hongkong and Shanghai Banking Corporation Limited | ₹8 Lakh | Open | |
| 25 Jan 2016 | 10616098 | The Hongkong and Shanghai Banking Corporation Limited | ₹11.31 Lakh | Open | |
| 10 Feb 2012 | 10339336 | Department of Biotechnology | ₹77.8 Lakh | Satisfied | |
| 06 Jul 2011 | 10301644 | Bank of Maharashtra | ₹1.53 Cr | Satisfied |
To see the full charge records of Smith & Nephew GBS Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Smith & Nephew GBS Private Limited has 6 deals on record (3 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹32.33 Cr; the latest was in January 2018.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2018 | Rights issue | ₹68.73 Cr | Investors: Smith & Nephew Pte Limited |
| Nov 2014 | Rights issue | ₹12.5 Cr | Investors: Smith & Nephew Pte Limited |
| Nov 2013 | Funding round | ₹32.33 Cr | Investors: Smith & Nephew Pte Limited |
| Oct 2013 | Secondary share transfer | Undisclosed | Buyer: Smith & Nephew Pte Limited, Smith & Nephew Usd Limited Seller: 4 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
To see the full deal history of Smith & Nephew GBS Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Smith & Nephew GBS Private Limited has 23 court cases on record: 23 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 23 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Revn. Appln. ULP) | Filed against the company by HR Manager, Adler Healthcare Private Limited | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp. ULP) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp. ULP) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp. ULP) | Filed against the company by an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Comp. ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Smith & Nephew GBS 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
Smith & Nephew GBS Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 881 overdue payments to 77 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 77)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Karma Management Global Consulting Solutions Private Limited | |||
| Royal Orchid Hotels Limited | |||
| Kanfa Global Supply Solutions | |||
| Arroba Coffee & Beverages Private Limited | |||
| Neptune Infosolutions Private Limited |
To see the full MSME payment records of Smith & Nephew GBS Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Smith & Nephew GBS Private Limited has a workforce of 493 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Smith & Nephew GBS has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCA0618C1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Smith & Nephew GBS Private Limited, buy the company report.
Recent activity
Smith & Nephew GBS Private Limited has 17 board changes on record since 1992: 10 appointments and 7 cessations. The latest: Raj Kumar Naidu ceased to be Director on 10 Mar 2025.
40 earlier events are in the company report.
Frequently asked questions
Smith & Nephew GBS is an active private limited company based in Pune, Maharashtra, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 26 June 1992 (34+ years old) and is registered under CIN U29297MH1992PTC067454.
Smith & Nephew GBS has 3 current directors:
- Nikunj Kishor Shah - Director
- Kundan Tambde - Director
- Sankar Narayan - Director
The latest financial statements of Smith & Nephew GBS 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 2015 are in the company report.
The GSTIN of Smith & Nephew GBS is 27AADCA0618C1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Smith & Nephew GBS is U29297MH1992PTC067454. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smith & Nephew GBS has 23 court cases on record: 23 filed against it.
Smith & Nephew GBS was incorporated on 26 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Pune.
Smith & Nephew GBS has 6 deals on record (3 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹32.33 Cr; the latest was in January 2018.
Raj Kumar Naidu ceased to be Director on 10 Mar 2025. Sankar Narayan was appointed as Director on 08 Sep 2023. Kundan Tambde was appointed as Director on 01 Sep 2023. Smith & Nephew GBS has 17 board changes on record in total.
Yes, Smith & Nephew GBS is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0099635).
Smith & Nephew GBS has 12 MSME Form 1 returns on record between 2019 and 2024, listing 881 overdue payments to 77 micro and small suppliers. The latest return was filed on 30 Apr 2024.

