About Spine Masters Private Limited
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Spine Masters Private Limited is a private limited company based in Jalandhar, Punjab, India. It operates in the orthopedic clinics and bone care segment of the healthcare sector. It was incorporated on 21 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U85200PB2017PTC046265.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rashmi Trivedi and Rishank Trivedi.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 401 – 404 4th Floor A – Block Jalandhar Heights 66 Ft Road Near Urban, Estate II, Punjab, India – 144022.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.51 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹6,766 (net margin 0.4%) and EBITDA of ₹22,092 (EBITDA margin 1.2%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 34% over five years.
As per MCA filings, the company has open charges of ₹12 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spinemasters.in.
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- Website
- Social Media
- Registered Address401 – 404 4th Floor A – Block Jalandhar Heights 66 Ft Road Near Urban, Estate II, Punjab, India – 144022
- IndustryHealthcare, Orthopedic Clinics & Bone Care
- 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
- One PDF report, delivered after checkout
Business Activity of Spine Masters Private Limited
The main business activity of Spine Masters is human health and social work activities. In detail, this covers human health activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Human health and social work activities | 86 | Human health activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Spine Masters Private Limited FY 2025 filings available
Spine Masters Private Limited reported revenue of ₹18.51 Lakh (down 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Spine Masters Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 16% fall in the latest year. EBITDA rose 435% 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 of Spine Masters Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹22,092 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6,766 | •••• | •••• | •••• | •••• |
| 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 of Spine Masters Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Spine Masters are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Spine Masters Private Limited
Spine Masters has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rashmi Trivedi | Director | 21 Mar 2017 | 9 Years 7 Months | Current |
| Rishank Trivedi | Director | 29 May 2023 | 3 Years 4 Months | Current |
Peer Comparison of Spine Masters Private Limited
Spine Masters Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Orthopedic Care). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anaamika Orthopaedic Center & Multispecialty Hospital Private Limited | ₹37.14 Lakh (FY 2024) | •••• | •••• | 59.0% | •••• | Hazipur, Bihar, India |
| Sarvfit Healthcare Private Limited | ₹29.49 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Nulyf Global Private Limited | ₹27.89 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Narayan Devices Private Limited | ₹24.45 Lakh (FY 2023) | •••• | •••• | 135.0% | •••• | Bhubaneswar, Odisha, India |
| Oriental Orthopedica Private Limited | ₹21.25 Lakh (FY 2025) | •••• | •••• | 84897.0% | •••• | Ernakulam, Kerala, India |
| Spine Masters Private Limited this company | ₹18.51 Lakh (FY 2024) | •••• | •••• | -16.0% | •••• | Jalandhar, Punjab, India |
| Regen Medical Services Private Limited | ₹17.9 Lakh (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Adsd Healthcare Private Limited | ₹13.09 Lakh (FY 2025) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Angel Bioscience Private Limited | ₹10.02 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Brijland Hospitals Private Limited | ₹6.72 Lakh (FY 2025) | •••• | •••• | 90.0% | •••• | Jaipur, Rajasthan, India |
| Devarshi Hospital Private Limited | ₹6.05 Lakh (FY 2024) | •••• | •••• | •••• | Chhotaudepur, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Spine Masters by revenue in the Healthcare industry (Orthopedic Care), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Spine Masters Private Limited
Spine Masters Private Limited is audited by V P BHALLA & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V P BHALLA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Spine Masters Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Spine Masters Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jun 2025 | Hdfc Bank Limited | ₹12 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Spine Masters Private Limited
Employment history and EPFO contributions of people linked to Spine Masters.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Spine Masters Private Limited
Spine Masters Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Rishank Trivedi ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Spine Masters Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Spine Masters Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Spine Masters Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Spine Masters Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Spine Masters Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Spine Masters Private Limited
Spine Masters is an active private limited company based in Jalandhar, Punjab, India. The company works in orthopedic clinics and bone care, within the healthcare industry. It was incorporated on 21 March 2017 (9+ years old) and is registered under CIN U85200PB2017PTC046265.
Spine Masters reported revenue of ₹18.51 Lakh for FY 2024 (down 16% YoY).
Spine Masters has 2 current directors:
- Rashmi Trivedi - Director
- Rishank Trivedi - Director
Spine Masters reported a net profit of ₹6,766 (net margin 0.4%) and EBITDA of ₹22,092 (EBITDA margin 1.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spine Masters is -9% over three years and -34% over five years. In the latest year (FY 2024) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Spine Masters is U85200PB2017PTC046265. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spine Masters was incorporated on 21 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Spine Masters by revenue are Anaamika Orthopaedic Center & Multispecialty Hospital Private Limited, Sarvfit Healthcare Private Limited, Nulyf Global Private Limited, Narayan Devices Private Limited, Oriental Orthopedica Private Limited and 5 more, all in the Healthcare industry (Orthopedic Care).
Rishank Trivedi ceased to be Additional Director on 29 Sep 2023. Rishank Trivedi was appointed as Director on 29 May 2023. Rishika Trivedi ceased to be Additional Director on 30 Sep 2019. Spine Masters has 5 board changes on record in total.
Spine Masters can be reached through the website spinemasters.in. Its registered office is in Jalandhar, Punjab, India.
The registered office of Spine Masters is at 401 – 404 4th Floor A – Block Jalandhar Heights 66 Ft Road Near Urban, Estate II, Punjab, India – 144022.