Medicare Hygiene Limited

Manufactures surgical material such as gauze swabs, bandages, and surgical masks.

1994 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 26, 2024

Medicare Hygiene Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.42 Cr
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 19.33 Cr
  • Satisfied Charges ₹ 34.53 Cr
  • Revenue Growth 44.50%
  • Profit Growth 348.75%
  • Ebitda 160.25%
  • Net Worth 72.12%
  • Total Assets 22.24%

About Medicare Hygiene

Medicare Hygiene Limited (MHL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 March 1994 and has a history of 30 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Medicare Hygiene Private Limited. The Company is engaged in the Healthcare Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.42 Cr.

The company currently has active open charges totaling ₹19.33 Cr. The company has closed loans amounting to ₹34.53 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jitendra Sachchade, Komal Sachchade, and Umeshkumar Prasad serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U33125GJ1994PLC021536

  • Company No.

    021536

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Healthcare

What products or services does Medicare Hygiene Limited offer?

Medicare Hygiene Limited offers a wide range of products and services, including Bandages & Dressing Disposables, Bandages, Face Mask & Medical PPE Kits, Personal Protective Equipment, Orthopedic Equipment & Supplies, Plaster Room Equipment, Cotton Rolls, Cotton Pad, Medical Gauze, Hospital Dressings.

Who are the key members and board of directors at Medicare Hygiene?

Executive Team (1)

Name Designation Appointment Date Status
Jitendra Sachchade Country flag representing In Managing Director 15-Mar-1994 Current

Board Members (2)

Name Designation Appointment Date Status
Komal Sachchade Country flag representing In Whole-Time Director 15-Apr-2010 Current
Umeshkumar Prasad Country flag representing In Director 05-Sep-2022 Current

Financial Performance of Medicare Hygiene.

Medicare Hygiene Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 44.5% increase. The company also saw a substantial improvement in profitability, with a 348.75% increase in profit. The company's net worth Soared by an impressive increase of 72.12%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
44.50%
Revenue from Operations
42.39%
Total Assets
22.24%
Profit or Loss
348.75%
Net Worth
72.12%
EBITDA
160.25%

What is the Ownership and Shareholding Structure of Medicare Hygiene?

In 2021, Medicare Hygiene had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.33 Cr

Satisfied Charges

₹34.53 Cr

Charges Breakdown by Lending Institutions

  • Others : 19.33 Cr

Latest Charge Details

Date Lender Amount Status
24 Apr 2024 Others ₹19.33 Cr Open
05 Jan 2022 Indian Bank ₹5.00 Cr Satisfied
23 Mar 2021 Indian Bank ₹5.00 Cr Satisfied
08 May 2020 Indian Bank ₹5.00 M Satisfied
21 May 2019 Indian Bank ₹1.80 Cr Satisfied

How Many Employees Work at Medicare Hygiene?

Medicare Hygiene has a workforce of 245 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Medicare Hygiene, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Medicare Hygiene's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Medicare Hygiene

Recent activity within the organization

  • Annual General Meeting

    Medicare Hygiene Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 19.33 Cr registered on 24 Apr 2024 with Charge ID 100920582 was modified on 03 Jun 2024.

    03 Jun 2024

  • Charges

    A charge registered on 05 Jan 2022 via Charge ID 100540149 with Indian Bank was fully satisfied on 29 May 2024.

    29 May 2024

  • Charges

    A charge registered on 23 Mar 2021 via Charge ID 100458829 with Indian Bank was fully satisfied on 29 May 2024.

    29 May 2024

  • Charges

    A charge registered on 21 May 2019 via Charge ID 100266179 with Indian Bank was fully satisfied on 29 May 2024.

    29 May 2024

  • Charges

    A charge registered on 21 May 2019 via Charge ID 100268763 with Indian Bank was fully satisfied on 29 May 2024.

    29 May 2024

Frequently asked questions

  • Medicare Hygiene Limited was incorporated on 15 Mar 1994.

  • The authorized share capital of Medicare Hygiene Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.42 Cr.

  • Currently 3 directors are associated with Medicare Hygiene Limited.

    • Jitendra Pursottamdas Sachchade
    • Komal Jitendrabhai Sachchade
    • Umeshkumar Dharmdev Prasad
  • As per Ministry of Corporate Affairs (Mca), the registered address of Medicare Hygiene Limited is Survey No. 1175 (Old No.240) Sarkhej Bavla Highway Village Sari Taluk A India, Sanand, Gujarat, 382220.

  • The corporate identification number (CIN) of Medicare Hygiene Limited is U33125GJ1994PLC021536 and the company number is 021536 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Medicare Hygiene Limited is https://www.medicarehygiene.net

  • According to the financial reports for the fiscal year 2021, the revenue trend for Medicare Hygiene Limited has risen by 44.50%.

  • As Per 2021 financial reports, 245 employees are currently employed by Medicare Hygiene Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Medicare Hygiene Limited has experienced an upsurge of 72.12%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Medicare Hygiene Limited amount to ₹ 19.33 Cr.

  • The most recent Balance Sheet for Medicare Hygiene Limited was filed with the ROC on 31 Mar 2024.

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