About Technovation Healthcare Private Limited
Data last updated:
Technovation Healthcare Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 05 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2011PTC220586. Its GSTIN is 27AADCT9439L1ZO (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Nilofer Shams Ahmad Parvaz (Whole-Time Director) and Shams Ahmad Asghar Ali Parvaz.
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 413 Dilkap Chambers Off Veera Desai Road Andheri West, Mumbai, Maharashtra, India – 400058.
As per the financials filed for FY 2022, the company reported a revenue of ₹11.94 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹1.3 Lakh (net margin 10.9%) and EBITDA of -₹31,800 (EBITDA margin -2.7%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 70% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website technovation.biz.
Company details
Contact details
Technovation Healthcare Private Limited's registered office is in Mumbai, Maharashtra. Its website is technovation.biz. Its e-mail address is in the company report.
- Email
- Website
- Registered Address413 Dilkap Chambers Off Veera Desai Road Andheri West, Mumbai, Maharashtra, India – 400058
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Technovation Healthcare 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
Financials of Technovation Healthcare Private Limited
FY 2025 filings availableTechnovation Healthcare Private Limited reported revenue of ₹11.94 Lakh (down 35% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over five years, including a 35% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.94 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹31,800 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.3 Lakh | ||||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.7% | ||||
| Net Profit Margin | 10.9% | ||||
| 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 Technovation Healthcare Private Limited, buy the company report.
Board of directors of Technovation Healthcare Private Limited
Technovation Healthcare has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilofer Shams Ahmad Parvaz | Whole-Time Director | 05 Aug 2011 | 15 Years 3 Months | Current |
| Shams Ahmad Asghar Ali Parvaz | Director | 05 Aug 2011 | 15 Years 3 Months | Current |
Auditor
Technovation Healthcare Private Limited is audited by MUSAMJI AND PATEL for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUSAMJI AND PATEL | FY 2020 | 130010W |
Shareholding
The shareholding of Technovation Healthcare Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Technovation Healthcare Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Technovation Healthcare Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Technovation Healthcare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Technovation Healthcare Private Limited has a workforce of 1 employees on its EPFO records as of Mar 2018, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 1 |
| FY 2016-17 |
To see the full employee and EPFO history of Technovation Healthcare Private Limited, buy the company report.
GST
Technovation Healthcare has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCT9439L1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Technovation Healthcare Private Limited, buy the company report.
Recent activity
Technovation Healthcare Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Shams Ahmad Asghar Ali Parvaz ceased to be Managing Director on 15 Jan 2025.
Frequently asked questions
Technovation Healthcare is an active private limited company based in Mumbai, Maharashtra, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 05 August 2011 (15+ years old) and is registered under CIN U74120MH2011PTC220586.
Technovation Healthcare has 2 current directors:
- Nilofer Shams Ahmad Parvaz - Whole-Time Director
- Shams Ahmad Asghar Ali Parvaz - Director
The latest financial statements of Technovation Healthcare 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 Technovation Healthcare is 27AADCT9439L1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Technovation Healthcare is U74120MH2011PTC220586. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Technovation Healthcare was incorporated on 05 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Shams Ahmad Asghar Ali Parvaz ceased to be Managing Director on 15 Jan 2025. Nilofer Shams Ahmad Parvaz ceased to be Director on 27 Oct 2017. Nazneen Hamid ceased to be Director on 09 Jan 2017. Technovation Healthcare has 6 board changes on record in total.
Technovation Healthcare can be reached through the website technovation.biz. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Technovation Healthcare is at 413 Dilkap Chambers Off Veera Desai Road Andheri West, Mumbai, Maharashtra, India – 400058.
Technovation Healthcare operates in the healthcare industry, in the medical equipment retail and distribution segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
