About Toshvin Analytical Private Limited
Data last updated:
Toshvin Analytical 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 31 December 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33125MH2001PTC134376. Its GSTIN is 27AABCT4482D1ZE (Maharashtra). The company holds 9 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹5.68 Lakh. It is led by directors including Nakul Toshniwal (Managing Director) and Annuradha Toshniwal.
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 103 Sj House Inside Sitaram Mills Compound N.M Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400011.
As per the financials filed for FY 2025, the company reported a revenue of ₹388.1 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹31.63 Cr (net margin 8.1%) and EBITDA of ₹46.55 Cr (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 23% over five years.
The company has about 399 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Toshvin Analytical. As per MCA filings, the company has open charges of ₹38.37 Cr and satisfied charges of ₹11.8 Cr on record. Court records list 14 cases involving the company, including 5 filed by the company and 9 filed against it. The company has 4 deals on record (4 secondary share transfers); the latest was in March 2024. Its 10 peer companies in the Healthcare industry (Healthcare Equipment Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Srinivasa Medisales Private Limited with revenue of ₹430.47 Cr. The company has 16 MSME Form 1 returns on record between 2019 and 2024, listing 147 overdue payments to 26 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website toshvin.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address103 Sj House Inside Sitaram Mills Compound N.M Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400011
- IndustryHealthcare, Medical Equipment Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Toshvin Analytical Private Limited
The main business activity of Toshvin Analytical is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Toshvin Analytical Private Limited FY 2025 filings available
Toshvin Analytical Private Limited reported revenue of ₹388.1 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Toshvin Analytical Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 25% growth in the latest year. EBITDA fell 5% 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 of Toshvin Analytical Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹46.55 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31.63 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 of Toshvin Analytical Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Toshvin Analytical are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Toshvin Analytical Private Limited
Toshvin Analytical Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Srinivasa Medisales Private Limited | ₹430.47 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Bangalore, Karnataka, India |
| Getinge Medical India Private Limited | ₹428.41 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Bantom Laboratories Private Limited | ₹404.78 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | New Delhi, Delhi, India |
| Medsmart Logistics Private Limited | ₹396.62 Cr (FY 2023) | •••• | •••• | -1.0% | •••• | Chennai, Tamil Nadu, India |
| DSS Imagetech Private Limited | ₹388.41 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | New Delhi, Delhi, India |
| Toshvin Analytical Private Limited this company | ₹388.1 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Mumbai, Maharashtra, India |
| Karnataka State Medical Supplies Corporation Limited | ₹380.11 Cr (FY 2022) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Gsa Surgical & Medicines Private Limited | ₹358.65 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Kolkata, West Bengal, India |
| Galaxystar Pharma Distributors Private Limited | ₹357.78 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Mumbai, Maharashtra, India |
| Medihauxe International India Private Limited | ₹347.83 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Chennai, Tamil Nadu, India |
| Thea Technologies Private Limited | ₹343.52 Cr (FY 2019) | •••• | •••• | 218.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Toshvin Analytical by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Toshvin Analytical Private Limited
Toshvin Analytical Private Limited is audited by M/S. G.M. Kapadia & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M/S. G.M. Kapadia & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Toshvin Analytical Private Limited
Toshvin Analytical has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Annuradha Toshniwal Also directs: Toshvin Private Limited, Toshvin Techtrade Private Limited | Director | 12 Aug 2004 | 22 Years 2 Months | Current |
| Manish Pandit | Director | 13 Jan 2011 | 15 Years 8 Months | Current |
| Nakul Toshniwal Also directs: Wiff Waff Hospitality Private Limited, Toshvin Private Limited, Toshvin Techtrade Private Limited and 2 more | Managing Director | 01 Oct 2004 | 22 Years 0 Months | Current |
| Manoj Mahabaleshwar Kantak | Director | 03 Sep 2010 | 16 Years 1 Months | Current |
Ownership and Shareholding of Toshvin Analytical Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Toshvin Analytical Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jun 2024 | Others | ₹1 Cr | Open |
| 31 Dec 2021 | Others | ₹17 Cr | Open |
| 14 Oct 2021 | Others | ₹5.17 Cr | Open |
| 31 Jan 2005 | Hdfc Bank Limited | ₹15.2 Cr | Open |
| 27 Aug 2019 | Citi Bank N.A. | ₹5 Cr | Satisfied |
Total charge records: 8 View all charges
Deals & Funding of Toshvin Analytical Private Limited
Toshvin Analytical Private Limited has 4 deals on record (4 secondary share transfers); the latest was in March 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: Annuradha Toshniwal Trust, Rachna Trust, an individual |
| Sep 2022 | Secondary share transfer | Undisclosed | Seller: Annuradha Toshniwal Trust, Rachna Trust, an individual |
| Mar 2013 | Secondary share transfer | Undisclosed | Seller: Annuradha Toshniwal Trust, Rachna Trust, an individual |
| Feb 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Llewelyn Davies Sahni Inc |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Toshvin Analytical Private Limited
Toshvin Analytical Private Limited has 14 court cases on record: 5 filed by Toshvin Analytical, 9 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 5 | 0 |
| High courts | 5 | 4 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed by the company against Merck Life Science Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Merck Life Science Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by Merck Life Science Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Merck Life Science Private Limited | Disposed |
| Bombay High Court | Company petition | Filed by the company against Merck Life Science Private Limited | Disposed |
Full case history
All 14 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Toshvin Analytical Private Limited
Toshvin Analytical Private Limited has 16 MSME Form 1 returns on record between 2019 and 2024, listing 147 overdue payments to 26 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 (5 of 26)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Precision Lab Furniture Industries | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Gifts N Ideas | •••• | •••• | •••• |
| Cosmictech Infosystems Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 16 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Toshvin Analytical Private Limited
Toshvin Analytical operates one associated brand: Toshvin Analytical. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of analytical and laboratory instruments, along with services, in India. | toshvin.com |
Employees and EPFO Compliance at Toshvin Analytical Private Limited
Toshvin Analytical Private Limited has a workforce of 399 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Toshvin Analytical Private Limited
Toshvin Analytical has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Wiff Waff Hospitality Private Limited | U55100MH2013PTC249823 | Locked |
Showing major subsidiaries. Total: 1.
News related to Toshvin Analytical Private Limited
Recent Activity on Toshvin Analytical Private Limited
Toshvin Analytical Private Limited has 6 board changes on record since 2004: 4 appointments and 2 cessations. The latest: Manish Pandit ceased to be Additional Director on 29 Sep 2011.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Toshvin Analytical Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Toshvin Analytical Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Toshvin Analytical Private Limited
Toshvin Analytical has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCT4482D1ZE | Maharashtra | Active | 01 Jul 2017 |
| 07AABCT4482D1ZG | Delhi | Active | 01 Jul 2017 |
| 24AABCT4482D1ZK | Gujarat | Active | 01 Jul 2017 |
| 33AABCT4482D1ZL | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Toshvin Analytical Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Toshvin Analytical Private Limited
Toshvin Analytical 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 31 December 2001 (25+ years old) and is registered under CIN U33125MH2001PTC134376.
Toshvin Analytical reported revenue of ₹388.1 Cr for FY 2025 (up 25% YoY).
Toshvin Analytical has 4 current directors:
- Nakul Toshniwal - Managing Director
- Annuradha Toshniwal - Director
- Manish Pandit - Director
- Manoj Mahabaleshwar Kantak - Director
Toshvin Analytical reported a net profit of ₹31.63 Cr (net margin 8.1%) and EBITDA of ₹46.55 Cr (EBITDA margin 12%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Toshvin Analytical is 22% over three years and 23% over five years. In the latest year (FY 2025) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Toshvin Analytical is 27AABCT4482D1ZE, registered in Maharashtra. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 07AABCT4482D1ZG (Delhi), 24AABCT4482D1ZK (Gujarat), 33AABCT4482D1ZL (Tamil Nadu).
The CIN (Corporate Identification Number) of Toshvin Analytical is U33125MH2001PTC134376. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Toshvin Analytical has 14 court cases on record: 5 filed by the company and 9 filed against it. Most are in the district courts.
Toshvin Analytical was incorporated on 31 December 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Toshvin Analytical has 4 deals on record (4 secondary share transfers); the latest was in March 2024.
The peers of Toshvin Analytical by revenue are Srinivasa Medisales Private Limited, Getinge Medical India Private Limited, Bantom Laboratories Private Limited, Medsmart Logistics Private Limited, DSS Imagetech Private Limited and 5 more, all in the Healthcare industry (Healthcare Equipment Retail and Distribution).
Manish Pandit ceased to be Additional Director on 29 Sep 2011. Manish Pandit was appointed as Director on 13 Jan 2011. Manoj Mahabaleshwar Kantak ceased to be Additional Director on 27 Sep 2010. Toshvin Analytical has 6 board changes on record in total.