Austin Medical Solutions Private Limited

Austin Medical Solutions Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U85110KA2004PTC033169 Incorporated 09 January 2004 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2024
₹2.53 Cr
▼ 9% YoY
Net profit · FY 2024
₹31.09 Lakh
Net margin 12.3%
EBITDA · FY 2024
₹61.3 Lakh
EBITDA margin 24.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
22 yrs
Est. 2004
Employees · EPFO
7
Provident fund records
Directors on board
2
As per MCA filings

About Austin Medical Solutions Private Limited

Data last updated:

Austin Medical Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Grace Life Lp. It operates in the medical transcription segment of the business process outsourcing sector. It was incorporated on 09 January 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA2004PTC033169. Its GSTIN is 29AAECA5725B2ZX (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Randall Scott Hickle (Managing Director) and Ramalakshmi Arza.

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 No.44 100 Feet Road 4th Phase J.P Nagar, Bangalore, Karnataka, India – 560078.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.53 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹31.09 Lakh (net margin 12.3%) and EBITDA of ₹61.3 Lakh (EBITDA margin 24.2%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years and 24% over five years.

The company has about 7 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Austin Medical Solutions. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website austinmedsol.com.

Company details

CIN U85110KA2004PTC033169
Registration Number 033169
Incorporation Date 09 January 2004
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Grace Life Lp
Compliance Status Active Compliant

Contact details

Austin Medical Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is austinmedsol.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No.44 100 Feet Road 4th Phase J.P Nagar, Bangalore, Karnataka, India – 560078
  • Industry
    Business Outsourcing, Medical Transcription

To see the full contact details of Austin Medical Solutions Private Limited, buy the company report.

Comprehensive company report
Austin Medical Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Austin Medical Solutions operates one associated brand: Austin Medical Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
Provision of remote medical services including billing, transcription, information systems, and software development in healthcare.austinmedsol.com

Business activity

The main business activity of Austin Medical Solutions 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 Austin Medical Solutions Private Limited, buy the company report.

Financials of Austin Medical Solutions Private Limited

FY 2025 filings available

Austin Medical Solutions Private Limited reported revenue of ₹2.53 Cr (down 9% YoY) for FY 2024.

Revenue · FY 2024
₹2.53 Cr ▼ 9%
Net profit · FY 2024
₹31.09 Lakh margin 12.3%
EBITDA · FY 2024
₹61.3 Lakh margin 24.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 30%
5 years · compounded
▼ 24%
EBITDA CAGR growth
1 year
▼ 26%
3 years · compounded
▼ 11%
5 years · compounded
▼ 18%

Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 9% fall in the latest year. EBITDA fell 26% 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₹61.3 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹31.09 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 Margin24.2%
Net Profit Margin12.3%
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 Austin Medical Solutions Private Limited, buy the company report.

Board of directors of Austin Medical Solutions Private Limited

Austin Medical Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Randall Scott HickleManaging Director20 Jan 200422 Years 9 MonthsCurrent
Ramalakshmi ArzaDirector14 Jul 201016 Years 3 MonthsCurrent

Auditor

Austin Medical Solutions Private Limited is audited by M DURGA & ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
M DURGA & ASSOCIATESFY 2019011925S

Shareholding

The shareholding of Austin Medical Solutions Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Austin Medical Solutions Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Austin Medical Solutions Private Limited has a workforce of 7 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
7
Active EPFO establishments
1
Employee growth
-22.22%

GST

Austin Medical Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAECA5725B2ZXKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Austin Medical Solutions Private Limited, buy the company report.

Recent activity

Austin Medical Solutions Private Limited has 6 board changes on record since 2004: 2 appointments and 4 cessations. The latest: Vanessa Renee Reasoner ceased to be Director on 11 Jan 2019.

AGM
Austin Medical Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Austin Medical Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Vanessa Renee Reasoner ceased to be Director.
Ceased
Ramalakshmi Arza ceased to be Additional Director.
Ceased
Stephen Nicholasmichael Mathias ceased to be Director.
Appointed
Ramalakshmi Arza was appointed as Director.
Ceased
Upal Kumar Nandi ceased to be Additional Director.
Appointed
Randall Scott Hickle was appointed as Managing Director.
Incorporation
09 Jan 2004
Austin Medical Solutions Private Limited was registered on 09 Jan 2004 with Roc Bangalore & aged 22 years 9 months as per MCA records.

Frequently asked questions

Austin Medical Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in medical transcription, within the business outsourcing industry. It was incorporated on 09 January 2004 (22+ years old) and is registered under CIN U85110KA2004PTC033169.

Austin Medical Solutions has 2 current directors:

The latest financial statements of Austin Medical Solutions 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 GSTIN of Austin Medical Solutions is 29AAECA5725B2ZX, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Austin Medical Solutions is U85110KA2004PTC033169. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Austin Medical Solutions has 3 court cases on record: 2 filed by the company and 1 filed against it.

Austin Medical Solutions was incorporated on 09 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.

Vanessa Renee Reasoner ceased to be Director on 11 Jan 2019. Ramalakshmi Arza ceased to be Additional Director on 30 Sep 2014. Stephen Nicholasmichael Mathias ceased to be Director on 12 Sep 2011. Austin Medical Solutions has 6 board changes on record in total.

Austin Medical Solutions can be reached through the website austinmedsol.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Austin Medical Solutions is at No.44 100 Feet Road 4th Phase J.P Nagar, Bangalore, Karnataka, India – 560078.