MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0019411
Ti Medical Private Limited - healthcare in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹210.01 Cr
▲ 7% YoY
Net profit · FY 2026
₹10.46 Cr
Net margin 5%
EBITDA · FY 2026
₹22.3 Cr
EBITDA margin 10.6%
Authorised capital
₹9.2 Cr
Registered with MCA
Paid-up capital
₹5.7 Cr
Issued & subscribed
Open charges
₹8.07 Cr
Satisfied ₹236.67 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
309
Provident fund records
About Ti Medical Private Limited
Data last updated:
Ti Medical Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Indian Medical Consumables Holding Ltd. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 21 October 2005 and has been in existence for over 21 years.
Its director M A M Arunachalam and family are #513 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U33110TN2005PTC186177. Its GSTIN is 33AABCL1217G1Z4 (Tamil Nadu). The company holds 13 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹9.2 Cr and a paid-up capital of ₹5.7 Cr. It was formerly known as Lotus Surgicals Private Limited. It is led by directors including M A M Arunachalam and Mukesh Ahuja.
Its last annual general meeting (AGM) was held on 27 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2026, the company reported a revenue of ₹210.01 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹10.46 Cr (net margin 5%) and EBITDA of ₹22.3 Cr (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 20% over five years.
The company has about 309 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Lotus Surgicals. As per MCA filings, the company has open charges of ₹8.07 Cr and satisfied charges of ₹236.67 Cr on record. Court records list 95 cases involving the company, including 81 filed by the company and 14 filed against it; 44 cases are pending. The company has 15 deals on record (5 rights issues, 4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹23.32 Cr; the latest was in March 2026. The company has 4 MSME Form 1 returns on record between 2021 and 2023, listing 24 overdue payments to 4 micro and small suppliers.
Ti Medical Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0019411). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lotus-surgicals.com.
Company details
CIN U33110TN2005PTC186177
Registration Number 186177
Incorporation Date 21 October 2005
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 July 2026
Date of Balance Sheet 31 March 2026
Parent Company Indian Medical Consumables Holding Ltd
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0019411
CIN history
Ti Medical has one previous CIN (Corporate Identification Number): U33110MH2005PTC156940. The current CIN is U33110TN2005PTC186177, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33110TN2005PTC186177 | Current |
| U33110MH2005PTC156940 | Previous |
Recognitions & Rankings of Ti Medical
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #513 M A M Arunachalam & family ₹6,800 Cr
Contact details
Ti Medical Private Limited's registered office is in Chennai, Tamil Nadu.
- Social Media
- Registered AddressChola Crest C54 – 55 & Super B – 4, Thiru – VI – Ka Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryHealthcare, Medical & Laboratory Equipment
Comprehensive company report
Ti Medical 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
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Brands
Ti Medical operates one associated brand: Lotus Surgicals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of a portfolio of surgical devices | lotus-surgicals.com |
Business activity
The main business activity of Ti Medical is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Ti Medical Private Limited, buy the company report.
Financials of Ti Medical Private Limited
FY 2026 filings availableTi Medical Private Limited reported revenue of ₹210.01 Cr (up 7% YoY) for FY 2026.
Revenue · FY 2026
₹210.01 Cr ▲ 7%
Net profit · FY 2026
₹10.46 Cr margin 5%
EBITDA · FY 2026
₹22.3 Cr margin 10.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 12%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 1%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 7% growth in the latest year. EBITDA fell 1% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹210.01 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.46 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | 5% | ||||
| 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 Ti Medical Private Limited, buy the company report.
Board of directors of Ti Medical Private Limited
Ti Medical has 5 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| M A M Arunachalam Also directs: M.A.Murugappan Holdings LLP, Shanthi Gears Limited, Tube Investments of India Limited and 5 more | Director | 10 May 2023 | 3 Years 6 Months | Current |
| Mukesh Ahuja Also directs: Ipltech Electric Private Limited, Moshine Electronics Private Limited, Shanthi Gears Limited and 5 more | Director | 10 May 2023 | 3 Years 6 Months | Current |
| Suresh Swaminathan Also directs: G.G. Tronics India Private Limited, Ipltech Electric Private Limited, Moshine Electronics Private Limited and 1 more | Director | 10 May 2023 | 3 Years 6 Months | Current |
| Annamalai Meyyappan Also directs: Moshine Electronics Private Limited, Ticl Brands (India) Private Limited, Jayem Automotives Private Limited and 3 more | Director | 10 May 2023 | 3 Years 6 Months | Current |
| Prakash Chellam Also directs: Financial Software and Systems Private Limited | Nominee Director | 13 Mar 2026 | 0 Years 7 Months | Current |
Charges & borrowings
Open charges
₹8.07 Cr
Satisfied charges
₹236.67 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2025 | 101048730 | Hdfc Bank Limited | ₹8 Cr | Open | |
| 16 Apr 2021 | 100467796 | Others | ₹6.83 Lakh | Open | |
| 30 Jun 2022 | 100598989 | Others | ₹3.67 Cr | Satisfied | |
| 27 Jun 2022 | 100597123 | Hdfc Bank Limited | ₹20 Cr | Satisfied | |
| 30 Mar 2022 | 100561314 | Others | ₹20 Cr | Satisfied |
To see the full charge records of Ti Medical Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Ti Medical Private Limited has 15 deals on record (5 rights issues, 4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹23.32 Cr; the latest was in March 2026.
Total deals
15
Rights issues
5
Funding rounds
4
Secondary share transfers
4
Acquisitions
2
Disclosed funding
₹23.32 Cr
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Rights issue | ₹29.94 Cr | Investors: Tube Investments Of India Limited, Premjiinvest, Tube Investments Of India Limited & S. Suresh |
| Dec 2024 | Rights issue | ₹18.01 Cr | Investors: Tube Investments Of India Limited, Premjiinvest, Tube Investments Of India Limited & R B Selvakumar |
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: Tube Investments Of India Limited & S. Krithika, Tube Investments Of India Limited & Mukesh Ahuja, Tube Investments Of India Limited & R B Selvakumar Seller: Tube Investments Of India Limited |
| Dec 2014 | Funding round | ₹10.5 Cr | Investors: Lotus Surgical Specialities Private Limited |
| Mar 2013 | Acquisition | ₹37.63 Cr | Buyer: Lotus Surgical Specialities Private Limited Seller: 4 individuals |
To see the full deal history of Ti Medical 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
Ti Medical Private Limited has 95 court cases on record: 81 filed by Ti Medical, 14 filed against it. 44 cases are pending and 51 are disposed.
Total cases
95
Filed by the company
81
Filed against the company
14
Pending
44
Disposed
51
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 91 | 12 | 44 |
| High courts | 4 | 2 | 0 |
Cases on record (5 of 95)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Nyx Life Care Private Limited | Pending |
| District court, Ambala, Haryana | Cheque dishonour complaint | Filed against the company by Ms Avecon Health Care Pvt Ltd Through Its Authorised Signatory Mr Rohit Verma | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS WARRENT CASES SW) | Filed against the company by HDK International Pvt Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against XL Marketing and Consulting Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against an individual | Pending |
To see the full case history of Ti Medical 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
Ti Medical Private Limited has 4 MSME Form 1 returns on record between 2021 and 2023, listing 24 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| MGB Advisors Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Ceasefire Industries Private Limited |
To see the full MSME payment records of Ti Medical Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Ti Medical has 13 GST registrations: 11 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
13
Active
11
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCL1217G1Z4 | Tamil Nadu | Active | 17 Feb 2020 |
| 33AABCL1217G2Z3 | Tamil Nadu | Active | 02 Apr 2025 |
| 05AABCL1217G1Z3 | Uttarakhand | Active | 01 Jul 2017 |
| 27AABCL1217G2ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ti Medical Private Limited, buy the company report.
Recent activity
Ti Medical Private Limited has 21 board changes on record since 2009: 5 appointments and 16 cessations. The latest: Prakash Chellam was appointed as Nominee Director on 13 Mar 2026.
AGM
Ti Medical Private Limited last Annual general meeting of members was held on 27 Jul 2026 as per latest MCA records.
Filing
Ti Medical Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chennai.
Appointed
Prakash Chellam was appointed as Nominee Director.
Ceased
Stefan Halusa ceased to be Additional Director.
Ceased
Saurabh Sudhir Joshi ceased to be CFO.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.00 Cr with Charge ID 101048730 was registered on 31 Jan 2025.
Ceased
Dinesh Kumar Lodha ceased to be CEO.
Charges
A charge registered on 30 Jun 2022 via Charge ID 100598989 with Others was fully satisfied on 29 Mar 2024.
Charges
A charge registered on 30 Mar 2022 via Charge ID 100561314 with Others was fully satisfied on 29 Mar 2024.
Charges
A charge registered on 27 Jun 2022 via Charge ID 100597123 with Hdfc Bank Limited was fully satisfied on 02 Dec 2023.
Ceased
Vikash Rathi ceased to be Additional Director.
Ceased
Abhishek Rajendrakumar Kabra ceased to be Director.
47 earlier events are in the company report.
Frequently asked questions
Ti Medical is an active private limited company based in Chennai, Tamil Nadu, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 21 October 2005 (21+ years old) and is registered under CIN U33110TN2005PTC186177.
Ti Medical has 5 current directors:
- M A M Arunachalam - Director
- Mukesh Ahuja - Director
- Suresh Swaminathan - Director
- Annamalai Meyyappan - Director
- Prakash Chellam - Nominee Director
The latest financial statements of Ti Medical on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 July 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Ti Medical is 33AABCL1217G1Z4, registered in Tamil Nadu. The company has 13 GST registrations in all, of which 11 are active and 2 are cancelled or inactive. Other active GSTINs include 33AABCL1217G2Z3 (Tamil Nadu), 05AABCL1217G1Z3 (Uttarakhand), 27AABCL1217G2ZW (Maharashtra).
The CIN (Corporate Identification Number) of Ti Medical is U33110TN2005PTC186177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ti Medical has 95 court cases on record: 81 filed by the company and 14 filed against it. 44 are pending. Most are in the district courts.
Ti Medical was incorporated on 21 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chennai.
Ti Medical has 15 deals on record (5 rights issues, 4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹23.32 Cr; the latest was in March 2026.
Prakash Chellam was appointed as Nominee Director on 13 Mar 2026. Stefan Halusa ceased to be Additional Director on 31 Aug 2025. Saurabh Sudhir Joshi ceased to be CFO on 31 Jul 2025. Ti Medical has 21 board changes on record in total.
Yes, Ti Medical is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0019411).
Ti Medical has 4 MSME Form 1 returns on record between 2021 and 2023, listing 24 overdue payments to 4 micro and small suppliers. The latest return was filed on 29 Aug 2023.
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