Time Medicine Private Limited

Time Medicine Private Limited - healthcare in Rajkot, Gujarat, India. FY 2026 financials & compliance.
CIN U85195GJ2007PTC051834 Incorporated 26 September 2007 ROC Ahmedabad HQ Rajkot, Gujarat, India
Active Private Limited Company healthcare
Revenue · FY 2024
₹3.05 Cr
▼ 29% YoY
Net loss · FY 2024
₹24.06 Lakh
Net margin -7.9%
EBITDA · FY 2024
-₹6.66 Lakh
EBITDA margin -2.2%
Authorised capital
₹1.2 Lakh
Registered with MCA
Paid-up capital
₹1.2 Lakh
Issued & subscribed
Satisfied charges
₹6.9 Cr
No open charges
Company age
19 yrs
Est. 2007
Directors on board
3
As per MCA filings

About Time Medicine Private Limited

Data last updated:

Time Medicine Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 26 September 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U85195GJ2007PTC051834.

The company has an authorised share capital of ₹1.2 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors including Tanay Atulkumar Jasani and Dishaben Atulbhai Jasani.

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 M – 40 Mahila College Gujarat Housing Board Opp. Railway Track Near Vasani School, Rajkot, Gujarat, India – 360005.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.05 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹24.06 Lakh (net margin -7.9%) and EBITDA of -₹6.66 Lakh (EBITDA margin -2.2%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 3% over five years.

As per MCA filings, the company has satisfied charges of ₹6.9 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U85195GJ2007PTC051834
Registration Number 051834
Incorporation Date 26 September 2007
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

Time Medicine Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    M – 40 Mahila College Gujarat Housing Board Opp. Railway Track Near Vasani School, Rajkot, Gujarat, India – 360005
  • Industry
    Healthcare, Diagnostic Centers & Pathology Labs

To see the full contact details of Time Medicine Private Limited, buy the company report.

Comprehensive company report
Time Medicine 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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Business activity

The main business activity of Time Medicine is hospital and medical care. In detail, this covers other hospital and medical care activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
QHospital and Medical CareQ6Other Hospital and Medical Care Activities

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

Financials of Time Medicine Private Limited

FY 2025 filings available

Time Medicine Private Limited reported revenue of ₹3.05 Cr (down 29% YoY) for FY 2024.

Revenue · FY 2024
₹3.05 Cr ▼ 29%
Net loss · FY 2024
₹24.06 Lakh margin -7.9%
EBITDA · FY 2024
-₹6.66 Lakh margin -2.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 29%
3 years · compounded
▼ 10%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 131%
3 years · compounded
▼ 29%
5 years · compounded
▼ 16%

Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 29% fall in the latest year. EBITDA fell 131% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹6.66 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹24.06 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-2.2%
Net Profit Margin-7.9%
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 Time Medicine Private Limited, buy the company report.

Board of directors of Time Medicine Private Limited

Time Medicine has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tanay Atulkumar JasaniDirector03 Apr 20242 Years 7 MonthsCurrent
Dishaben Atulbhai JasaniDirector17 Nov 200916 Years 11 MonthsCurrent
Atulkumar Gokaldas JasaniDirector26 Sep 200719 Years 1 MonthsCurrent

Auditor

Time Medicine Private Limited is audited by P H PATEL & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
P H PATEL & ASSOCIATESFY 2021125964W

Shareholding

The shareholding of Time Medicine 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 categoryFY 2021FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Time Medicine Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹6.9 Cr
Breakdown by lending institutions
Ge Capital Services India₹4.91 Cr
Citicorp Finance (India) Limited₹1.38 Cr
The Co.Operative Bank of Rajkot Limited₹0.27 Cr
The Co-Op. Bank of Rajkot Limited₹0.21 Cr
The Co-Operative Bank of Rajkot Ltd.₹0.13 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Mar 201210347650Ge Capital Services India₹3.64 CrSatisfied
28 Mar 201210347322Ge Capital Services India₹1.28 CrSatisfied
21 Aug 201010237526The Co-Operative Bank of Rajkot Ltd.₹12.63 LakhSatisfied
20 Jul 200910170651The Co.Operative Bank of Rajkot Limited₹27 LakhSatisfied
13 Jun 200810114021The Co-Op. Bank of Rajkot Limited₹16.4 LakhSatisfied

To see the full charge records of Time Medicine Private Limited, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Time Medicine Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Time Medicine Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Time Medicine Private Limited has 10 board changes on record since 2007: 3 appointments and 7 cessations. The latest: Tanay Atulkumar Jasani was appointed as Director on 03 Apr 2024.

AGM
Time Medicine Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Time Medicine Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Tanay Atulkumar Jasani was appointed as Director.
Ceased
Tanay Atulkumar Jasani ceased to be Director.
Ceased
Garima Atulkumar Jasani ceased to be Director.
Ceased
Dishaben Atulbhai Jasani ceased to be Additional Director.
Charges
A charge registered on 30 Mar 2012 via Charge ID 10347650 with Ge Capital Services India was fully satisfied on 23 May 2017.
Charges
A charge registered on 28 Mar 2012 via Charge ID 10347322 with Ge Capital Services India was fully satisfied on 06 Mar 2017.
Ceased
Atul Padamshibhai Hirani ceased to be Director.
Ceased
Pallaviben Pareshkumar Padhara ceased to be Additional Director.
Ceased
Pareshkumar Vinodrai Padhara ceased to be Director.
Ceased
Rekha Atul Hirani ceased to be Additional Director.

17 earlier events are in the company report.

Frequently asked questions

Time Medicine is an active private limited company based in Rajkot, Gujarat, India. The company works in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 26 September 2007 (19+ years old) and is registered under CIN U85195GJ2007PTC051834.

Time Medicine has 3 current directors:

The latest financial statements of Time Medicine 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 CIN (Corporate Identification Number) of Time Medicine is U85195GJ2007PTC051834. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Time Medicine was incorporated on 26 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Tanay Atulkumar Jasani was appointed as Director on 03 Apr 2024. Tanay Atulkumar Jasani ceased to be Director on 16 May 2023. Garima Atulkumar Jasani ceased to be Director on 24 Nov 2022. Time Medicine has 10 board changes on record in total.

The registered office of Time Medicine is at M – 40 Mahila College Gujarat Housing Board Opp. Railway Track Near Vasani School, Rajkot, Gujarat, India – 360005.

Time Medicine operates in the healthcare industry, in the diagnostic centers and pathology labs segment.

Time Medicine has no open charges and satisfied charges of ₹6.9 Cr as per latest MCA filings.

The compliance status of Time Medicine is compliant as of 28 August 2026. The company is actively filing with the Registrar of Companies.