Smt Cardiovascular Private Limited

Smt Cardiovascular Private Limited - healthcare in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U33302GJ2019PTC110835 Incorporated 16 November 2019 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company healthcare MSME · Medium
Data last updated
Revenue · FY 2025
₹81.66 Cr
▲ 20% YoY
Net loss · FY 2025
₹8.11 Cr
Net margin -9.9%
EBITDA · FY 2025
₹19.42 Cr
EBITDA margin 23.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2.43 Lakh
Issued & subscribed
Open charges
₹187.64 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
104
Provident fund records

About Smt Cardiovascular Private Limited

Data last updated:

Smt Cardiovascular Private Limited is a private limited company based in Surat, Gujarat, India, a subsidiary of Sahajanand Medical Technologies Limited. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 16 November 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33302GJ2019PTC110835. Its GSTIN is 36ABCCS9197A1Z5 (Telangana).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.43 Lakh. It is led by directors including Ganesh Prasad Sabat and Bhargav Dhirajlal Kotadia.

Its last annual general meeting (AGM) was held on 11 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sahajanand Estate Wakharia Wadi Near Dabholi Char Rasta Nani Ved Road, Surat, Gujarat, India – 395004.

As per the financials filed for FY 2025, the company reported a revenue of ₹81.66 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹8.11 Cr (net margin -9.9%) and EBITDA of ₹19.42 Cr (EBITDA margin 23.8%). Revenue has grown at a compounded annual rate (CAGR) of 715% over three years.

The company has about 104 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹187.64 Cr on record. The company has 5 deals on record (4 funding rounds, 1 rights issue), with disclosed funding of ₹155.63 Cr; the latest was in February 2025. The company has 9 MSME Form 1 returns on record between 2022 and 2024, listing 88 overdue payments to 24 micro and small suppliers.

Smt Cardiovascular Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0077729). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U33302GJ2019PTC110835
Registration Number 110835
Incorporation Date 16 November 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 11 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Sahajanand Medical Technologies Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0077729
Key People
Ganesh Prasad Sabat Director Bhargav Dhirajlal Kotadia Director Ajit Ramkrishna Bhawar Additional Director

Recognitions & Rankings of Smt Cardiovascular

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-22-0077729

Contact details

Smt Cardiovascular Private Limited's registered office is in Surat, Gujarat. Its website is smtpl. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    smtpl
  • Social Media
  • Registered Address
    Sahajanand Estate Wakharia Wadi Near Dabholi Char Rasta Nani Ved Road, Surat, Gujarat, India – 395004
  • Industry
    Healthcare, Medical & Laboratory Equipment

To see the full contact details of Smt Cardiovascular Private Limited, buy the company report.

Comprehensive company report
Smt Cardiovascular 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Smt Cardiovascular is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Smt Cardiovascular Private Limited, buy the company report.

Financials of Smt Cardiovascular Private Limited

FY 2025 filings available

Smt Cardiovascular Private Limited reported revenue of ₹81.66 Cr (up 20% YoY) for FY 2025.

Revenue · FY 2025
₹81.66 Cr ▲ 20%
Net loss · FY 2025
₹8.11 Cr margin -9.9%
EBITDA · FY 2025
₹19.42 Cr margin 23.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 715%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 72%
5 years · compounded
▲ 240%

Revenue has grown at a compounded annual rate (CAGR) of 715% over three years, including 20% growth in the latest year. EBITDA rose 23% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹19.42 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹8.11 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin23.8%
Net Profit Margin-9.9%
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 Smt Cardiovascular Private Limited, buy the company report.

Board of directors of Smt Cardiovascular Private Limited

Smt Cardiovascular has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Ganesh Prasad Sabat
Also directs: Medartha Nexus Limited Liability Partnership, Medartha Advisors Limited Liability Partnership, Viora Health LLP and 1 more
Director16 Nov 20196 Years 11 MonthsCurrent
Bhargav Dhirajlal Kotadia
Also directs: Sahajanand Medical Technologies Limited
Director16 Nov 20196 Years 11 MonthsCurrent
Ajit Ramkrishna BhawarAdditional Director12 Aug 20251 Years 2 MonthsCurrent
Sonalika Dhar
Also directs: Sahajanand Medical Technologies Limited
Director29 May 20251 Years 5 MonthsCurrent
View all directors

Auditor

Smt Cardiovascular Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
DELOITTE HASKINS & SELLS LLPFY 2023117366W / W-100018

Shareholding

The shareholding of Smt Cardiovascular Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Smt Cardiovascular Private Limited, buy the company report.

Charges & borrowings

Open charges
₹187.64 Cr
Satisfied charges
None
Breakdown by lending institutions
Standard Chartered Bank₹100.00 Cr
Others₹47.64 Cr
Axis Bank Limited₹40.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Dec 2025101221739Axis Bank Limited₹40 CrOpen
05 Dec 2024101014668Others₹2.5 CrOpen
15 Apr 2024100954287Others₹45.14 CrOpen
13 Apr 2020100335488Standard Chartered Bank₹100 CrOpen

To see the full charge records of Smt Cardiovascular Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Smt Cardiovascular Private Limited has 5 deals on record (4 funding rounds, 1 rights issue), with disclosed funding of ₹155.63 Cr; the latest was in February 2025.

Total deals
5
Funding rounds
4
Rights issue
1
Disclosed funding
₹155.63 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Feb 2025Funding round₹36.99 CrInvestors: Sahajanand Medical Technologies Limited
Feb 2024Funding round₹27.65 CrInvestors: Sahajanand Medical Technologies Limited
Dec 2023Rights issue₹39.18 CrInvestors: Sahajanand Medical Technologies Limited
May 2023Funding round₹49 CrInvestors: Sahajanand Medical Technologies Limited
Sep 2022Funding round₹42 CrInvestors: Sahajanand Medical Technologies Limited

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

MSME payment delays

Smt Cardiovascular Private Limited has 9 MSME Form 1 returns on record between 2022 and 2024, listing 88 overdue payments to 24 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 24)

SupplierAmount dueDue sinceReported on
Ace Cleanrooms Private Limited
Exert System Firm-Hyderabad
Balyaya Sea and Air Logistic Private Limited
Chemietron Clean Tech Private Limited
Aksa Industrial Process Controls Private Limited

To see the full MSME payment records of Smt Cardiovascular Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Smt Cardiovascular Private Limited has a workforce of 104 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
104
Active EPFO establishments
1
Employee growth
108%

GST

Smt Cardiovascular has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
36ABCCS9197A1Z5TelanganaActive06 Feb 2020

To see the full GST registrations and return filing status of Smt Cardiovascular Private Limited, buy the company report.

Recent activity

Smt Cardiovascular Private Limited has 4 board changes on record since 2019: 4 appointments. The latest: Ajit Ramkrishna Bhawar was appointed as Additional Director on 12 Aug 2025.

Charges
A charge with Axis Bank Limited amounted to Rs. 4,000.00 Lakh with Charge ID 101221739 was registered on 03 Dec 2025.
Appointed
Ajit Ramkrishna Bhawar was appointed as Additional Director.
AGM
Smt Cardiovascular Private Limited last Annual general meeting of members was held on 11 Jul 2025 as per latest MCA records.
Appointed
Sonalika Dhar was appointed as Director.
Filing
Smt Cardiovascular Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 250.00 Lakh with Charge ID 101014668 was registered on 05 Dec 2024.
Charges
A charge with Others amounted to Rs. 4,513.70 Lakh with Charge ID 100954287 was registered on 15 Apr 2024.
Charges
A charge with Standard Chartered Bank of Rs. 10,000.00 Lakh registered on 13 Apr 2020 with Charge ID 100335488 was modified on 28 Apr 2023.
Charges
A charge with Standard Chartered Bank amounted to Rs. 10,000.00 Lakh with Charge ID 100335488 was registered on 13 Apr 2020.
Appointed
Bhargav Dhirajlal Kotadia was appointed as Director.
Appointed
Ganesh Prasad Sabat was appointed as Director.
Incorporation
16 Nov 2019
Smt Cardiovascular Private Limited was registered on 16 Nov 2019 with Roc Ahmedabad & aged 6 years 11 months as per MCA records.

News

Frequently asked questions

Smt Cardiovascular is an active private limited company based in Surat, Gujarat, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 16 November 2019 (7+ years old) and is registered under CIN U33302GJ2019PTC110835.

Smt Cardiovascular has 4 current directors:

The latest financial statements of Smt Cardiovascular on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 July 2025. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Smt Cardiovascular is 36ABCCS9197A1Z5, registered in Telangana.

The CIN (Corporate Identification Number) of Smt Cardiovascular is U33302GJ2019PTC110835. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Smt Cardiovascular was incorporated on 16 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Smt Cardiovascular has 5 deals on record (4 funding rounds, 1 rights issue), with disclosed funding of ₹155.63 Cr; the latest was in February 2025.

Ajit Ramkrishna Bhawar was appointed as Additional Director on 12 Aug 2025. Sonalika Dhar was appointed as Director on 29 May 2025. Bhargav Dhirajlal Kotadia was appointed as Director on 16 Nov 2019. Smt Cardiovascular has 4 board changes on record in total.

Yes, Smt Cardiovascular is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0077729).

Smt Cardiovascular has 9 MSME Form 1 returns on record between 2022 and 2024, listing 88 overdue payments to 24 micro and small suppliers. The latest return was filed on 24 Apr 2024.

The registered office of Smt Cardiovascular is at Sahajanand Estate Wakharia Wadi Near Dabholi Char Rasta Nani Ved Road, Surat, Gujarat, India – 395004.