- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0014979

About Toshbro Medicals Private Limited
Data last updated:
Toshbro Medicals 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 14 December 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33110MH2001PTC134243. Its GSTIN is 27AABCT4483C1ZF (Maharashtra). The company holds 10 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹77.3 Lakh. It is led by directors including Anurag Toshniwal (Managing Director) and Shehnaz Nitin Tamhane.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Khetan Bhavan 2nd Floor 198 Jamshedji Tata Road Churchgate, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹249.06 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹16.92 Cr (net margin 6.8%) and EBITDA of ₹25.31 Cr (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 31% over five years.
The company is associated with 1 brand: Toshbro Medicals. As per MCA filings, the company has open charges of ₹41.24 Cr and satisfied charges of ₹2.87 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 9 deals on record (6 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.4 Cr; the latest was in March 2024.
Toshbro Medicals Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0014979). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website toshbromedicals.com.
Company details
Recognitions & Rankings of Toshbro Medicals
Contact details
Toshbro Medicals Private Limited's registered office is in Mumbai, Maharashtra. Its website is toshbromedicals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKhetan Bhavan 2nd Floor 198 Jamshedji Tata Road Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Toshbro Medicals 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
Brands
Toshbro Medicals operates one associated brand: Toshbro Medicals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Medical instrumentation and diagnostic equipment services in healthcare. | toshbromedicals.com |
Business activity
The main business activity of Toshbro Medicals is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Toshbro Medicals Private Limited, buy the company report.
Financials of Toshbro Medicals Private Limited
FY 2025 filings availableToshbro Medicals Private Limited reported revenue of ₹249.06 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 23% growth in the latest year. EBITDA rose 175% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹249.06 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹25.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.92 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | ||||
| Net Profit Margin | 6.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Toshbro Medicals Private Limited, buy the company report.
Board of directors of Toshbro Medicals Private Limited
Toshbro Medicals has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shehnaz Nitin Tamhane | Director | 19 Feb 2021 | 5 Years 8 Months | Current |
| Shiv Karnani Also directs: Chemito Infotech Private Limited, Chemito Consultants Services Private Limited, Cromelite New Ventures LLP and 1 more | Director | 27 Dec 2001 | 24 Years 10 Months | Current |
| Anurag Toshniwal Also directs: Chemito Infotech Private Limited, Chemito Technologies Private Limited, Toshbro Private Limited and 3 more | Managing Director | 14 Dec 2001 | 24 Years 10 Months | Current |
| Arun Bhagwandas Toshniwal Also directs: Polybond (India) Pvt Ltd, Polybond (India) Pvt Ltd, Toshbro Trading Private Limited and 5 more | Director | 14 Dec 2001 | 24 Years 10 Months | Current |
| Adit Madhusudan Rathi Also directs: Eversure Medical Private Limited, Polybond (India) Pvt Ltd, Polybond (India) Pvt Ltd and 3 more | Director | 12 Feb 2015 | 11 Years 8 Months | Current |
Auditor
Toshbro Medicals Private Limited is audited by V.K. KARANANI & CO. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.K. KARANANI & CO. | FY 2025 | 0104861W |
Shareholding
The shareholding of Toshbro Medicals Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Toshbro Medicals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2025 | 101153662 | Standard Chartered Bank | ₹25 Cr | Open | |
| 13 Jul 2010 | 10231560 | State Bank of India | ₹16.24 Cr | Open | |
| 23 Feb 2022 | 100547428 | State Bank of India | ₹9 Lakh | Satisfied | |
| 10 Dec 2021 | 100518857 | State Bank of India | ₹10.3 Lakh | Satisfied | |
| 11 Oct 2021 | 100497109 | State Bank of India | ₹8 Lakh | Satisfied |
To see the full charge records of Toshbro Medicals Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Toshbro Medicals Private Limited has 9 deals on record (6 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.4 Cr; the latest was in March 2024.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Ariv Toshniwal Trust, an individual Seller: 2 individuals |
| Jul 2023 | Secondary share transfer | Undisclosed | Buyer: Ariv Toshniwal Trust Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Chemito Consultants Services Private Limited |
| Mar 2014 | Funding round | ₹40 Lakh | Investors: 4 individuals |
| Mar 2011 | Funding round | ₹1 Cr | Investors: 4 individuals |
To see the full deal history of Toshbro Medicals 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
Toshbro Medicals Private Limited has 1 court case on record: 1 filed by Toshbro Medicals. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against Senior Joint Commissioner of Commercial Tax, Kolkata South Circle and Ors. | Disposed |
To see the full case history of Toshbro Medicals 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.
Credit ratings & regulatory alerts
Toshbro Medicals Private Limited was last rated by Crisil on 13 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 13 Jul 2020 |
To see the full credit ratings and regulatory alerts of Toshbro Medicals Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Toshbro Medicals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Toshbro Medicals has 10 GST registrations: 5 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCT4483C1ZF | Maharashtra | Active | 01 Jul 2017 |
| 19AABCT4483C1ZC | West Bengal | Active | 01 Jul 2017 |
| 36AABCT4483C1ZG | Telangana | Active | 01 Jul 2017 |
| 07AABCT4483C2ZG | Delhi | Active | 25 Aug 2017 |
To see the full GST registrations and return filing status of Toshbro Medicals Private Limited, buy the company report.
Recent activity
Toshbro Medicals Private Limited has 8 board changes on record since 2001: 5 appointments and 3 cessations. The latest: Anurag Toshniwal ceased to be Director on 30 Jun 2023.
20 earlier events are in the company report.
Frequently asked questions
Toshbro Medicals 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 14 December 2001 (25+ years old) and is registered under CIN U33110MH2001PTC134243.
Toshbro Medicals has 5 current directors:
- Anurag Toshniwal - Managing Director
- Shehnaz Nitin Tamhane - Director
- Shiv Karnani - Director
- Arun Bhagwandas Toshniwal - Director
- Adit Madhusudan Rathi - Director
The latest financial statements of Toshbro Medicals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Toshbro Medicals is 27AABCT4483C1ZF, registered in Maharashtra. The company has 10 GST registrations in all, of which 5 are active and 5 are cancelled or inactive. Other active GSTINs include 19AABCT4483C1ZC (West Bengal), 36AABCT4483C1ZG (Telangana), 07AABCT4483C2ZG (Delhi).
The CIN (Corporate Identification Number) of Toshbro Medicals is U33110MH2001PTC134243. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Toshbro Medicals has 1 court case on record: 1 filed by the company.
Toshbro Medicals was incorporated on 14 December 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Toshbro Medicals has 9 deals on record (6 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.4 Cr; the latest was in March 2024.
Anurag Toshniwal ceased to be Director on 30 Jun 2023. Shehnaz Nitin Tamhane was appointed as Director on 19 Feb 2021. Adit Madhusudan Rathi ceased to be Additional Director on 29 Sep 2015. Toshbro Medicals has 8 board changes on record in total.
Yes, Toshbro Medicals is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0014979).

