Swati Medicare Private Limited
About Swati Medicare Private Limited
Data last updated:
Swati Medicare Private Limited is a private limited company based in Delhi, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 15 July 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24231DL1997PTC088545. Its GSTIN is 09AABCS4717J1Z6 (Uttar Pradesh).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹19.32 Lakh. It is led by directors including Vikas Garg and Chirayu Garg.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D – 1 Acharya Niketan 2nd Floor Mayur Vihar Phase – I, Delhi, India – 110091.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.29 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹50.72 Lakh (net margin 2.5%) and EBITDA of ₹94.05 Lakh (EBITDA margin 4.6%). Revenue has declined at a compounded annual rate (CAGR) of 700% over three years and 8% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.65 Cr and satisfied charges of ₹40 Lakh on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Swati Medicare Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 1 Acharya Niketan 2nd Floor Mayur Vihar Phase – I, Delhi, India – 110091
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Swati Medicare 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
Business activity
The main business activity of Swati Medicare is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Swati Medicare Private Limited, buy the company report.
Financials of Swati Medicare Private Limited
FY 2025 filings availableSwati Medicare Private Limited reported revenue of ₹20.29 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹94.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹50.72 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
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To see the full financial statements and ratios of Swati Medicare Private Limited, buy the company report.
Board of directors of Swati Medicare Private Limited
Swati Medicare has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Garg Also directs: GGC Logistics LLP, CVM Logistics Limited | Director | 22 Mar 2000 | 26 Years 7 Months | Current |
| Chirayu Garg | Director | 10 Aug 2004 | 22 Years 3 Months | Current |
| Mayank Garg Also directs: GGC Logistics LLP, CVM Logistics Limited | Director | 28 Sep 2001 | 25 Years 1 Months | Current |
Peer comparison
Swati Medicare Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saaransh Biotech Private Limited | ₹20.51 Cr (FY 2024) | -45.0% | Delhi, India | |||
| Premi Medical Agencies Private Limited | ₹20.31 Cr (FY 2025) | 2.0% | Uttar Pradesh, India | |||
| Nizam Baba Pharmaceuticals Private Limited | ₹20.31 Cr (FY 2025) | 138.0% | Kankinara, West Bengal, India | |||
| Swati Medicare Private Limitedthis company | ₹20.29 Cr (FY 2024) | ₹50.72 Lakh | 2.5% | 8.0% | 10 | Delhi, India |
To see the full peer comparison of Swati Medicare Private Limited, buy the company report.
Auditor
Swati Medicare Private Limited is audited by MANOJ & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ & ASSOCIATES | FY 2021 | 012867N |
Shareholding
The shareholding of Swati Medicare Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Swati Medicare Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2025 | 101112028 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 02 Nov 2020 | 100414928 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 04 Oct 2019 | 100295666 | Hdfc Bank Limited | ₹40 Lakh | Open | |
| 27 Jun 2011 | 10295679 | Bank of Baroda | ₹40 Lakh | Satisfied |
To see the full charge records of Swati Medicare Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Swati Medicare Private Limited has 10 court cases on record: 7 filed by Swati Medicare, 3 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 3 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by State Government | Pending |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed by the company against M/S Sunita Medicos and Surgicals | Disposed |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed by the company against M/S Sunita Medicos and Surgicals | Disposed |
| District court, Ghaziabad, Uttar Pradesh | Cheque dishonour complaint | Filed by the company against M/S Sunita Medicos and Surgicals | Disposed |
| District court, Ghaziabad, Uttar Pradesh | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
To see the full case history of Swati Medicare 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 Swati Medicare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Swati Medicare Private Limited has a workforce of 10 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 10 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Swati Medicare Private Limited, buy the company report.
GST
Swati Medicare has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCS4717J1Z6 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swati Medicare Private Limited, buy the company report.
Recent activity
Swati Medicare Private Limited has 4 board changes on record since 2000: 3 appointments and 1 cessation. The latest: Lokesh Kumar Garg ceased to be Director on 09 Dec 2025.
Frequently asked questions
Swati Medicare is an active private limited company based in Delhi, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 15 July 1997 (29+ years old) and is registered under CIN U24231DL1997PTC088545.
Swati Medicare has 3 current directors:
- Vikas Garg - Director
- Chirayu Garg - Director
- Mayank Garg - Director
The latest financial statements of Swati Medicare on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Swati Medicare is 09AABCS4717J1Z6, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Swati Medicare is U24231DL1997PTC088545. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swati Medicare has 10 court cases on record: 7 filed by the company and 3 filed against it. 1 is pending.
Swati Medicare was incorporated on 15 July 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Swati Medicare by revenue are Saaransh Biotech Private Limited, Premi Medical Agencies Private Limited, Nizam Baba Pharmaceuticals Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Lokesh Kumar Garg ceased to be Director on 09 Dec 2025. Chirayu Garg was appointed as Director on 10 Aug 2004. Mayank Garg was appointed as Director on 28 Sep 2001. Swati Medicare has 4 board changes on record in total.
The registered office of Swati Medicare is at D – 1 Acharya Niketan 2nd Floor Mayur Vihar Phase – I, Delhi, India – 110091.
Swati Medicare operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
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