About Nextservices Healthcare Sourcing Solutions Private Limited
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Nextservices Healthcare Sourcing Solutions Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Next Serivices Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 05 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2004FTC148968. Its GSTIN is 27AACCN0651R2Z2 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Praveen Suthrum and Suzette Sugathan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 601 Sixth Floor Eureka Tower Mindspace Off Link Road Near Goregaon Sports Club, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.42 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹1.23 Cr (net margin 7.1%) and EBITDA of ₹1.75 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 11% over five years.
The company is associated with 1 brand: NextServices.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nextservices.com.
Company details
CIN history
Nextservices Healthcare Sourcing Solutions has one previous CIN (Corporate Identification Number): U74140MH2004PTC148968. The current CIN is U74140MH2004FTC148968, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140MH2004FTC148968 | Current |
| U74140MH2004PTC148968 | Previous |
Contact details
Nextservices Healthcare Sourcing Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is nextservices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address601 Sixth Floor Eureka Tower Mindspace Off Link Road Near Goregaon Sports Club, Mumbai, Maharashtra, India – 400064
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Nextservices Healthcare Sourcing Solutions 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
Nextservices Healthcare Sourcing Solutions operates one associated brand: NextServices. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides revenue cycle management and health IT services for medical practices and enterprises. | nextservices.com |
Business activity
The main business activity of Nextservices Healthcare Sourcing Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Nextservices Healthcare Sourcing Solutions Private Limited, buy the company report.
Financials of Nextservices Healthcare Sourcing Solutions Private Limited
FY 2024 filings availableNextservices Healthcare Sourcing Solutions Private Limited reported revenue of ₹17.42 Cr (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 15% growth in the latest year. EBITDA rose 81% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.75 Cr | ||||
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| Net Profit (PAT) | ₹1.23 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | 7.1% | ||||
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To see the full financial statements and ratios of Nextservices Healthcare Sourcing Solutions Private Limited, buy the company report.
Board of directors of Nextservices Healthcare Sourcing Solutions Private Limited
Nextservices Healthcare Sourcing Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Suthrum Also directs: Satya Health Sciences India Private Limited | Director | 05 Oct 2004 | 22 Years 1 Months | Current |
| Suzette Sugathan Also directs: M.A.R.S Beverages Private Limited | Director | 05 Oct 2004 | 22 Years 1 Months | Current |
| Sunil Siddappa Malanaik Also directs: Axis Adorn Concepts Private Limited | Director | 05 Oct 2004 | 22 Years 1 Months | Current |
Peer comparison
Nextservices Healthcare Sourcing Solutions Private Limited is compared with the 6 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Suffescom Solutions Private Limited | ₹17.51 Cr (FY 2024) | 25.0% | Mohali, Punjab, India | |||
| Idcol Software Limited | ₹17.48 Cr (FY 2022) | 40.0% | Bhubaneswar, Odisha, India | |||
| Tekiq Software Solutions Private Limited | ₹17.47 Cr (FY 2024) | Hyderabad, Telangana, India | ||||
| Go-To-Market Buddy Software Private Limited | ₹17.44 Cr (FY 2025) | 29.0% | Hyderabad, Telangana, India | |||
| Nextservices Healthcare Sourcing Solutions Private Limitedthis company | ₹17.42 Cr (FY 2024) | ₹1.23 Cr | 7.1% | 15.0% | Mumbai, Maharashtra, India | |
| Pureprofile Technologies India Private Limited | ₹17.42 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Datagrokr Analytics Private Limited | ₹17.4 Cr (FY 2025) | 3.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Nextservices Healthcare Sourcing Solutions Private Limited, buy the company report.
Auditor
Nextservices Healthcare Sourcing Solutions Private Limited is audited by S. P. Jain & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. P. Jain & Associates | FY 2023 | 103969W |
Shareholding
The shareholding of Nextservices Healthcare Sourcing Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
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| Others |
To see the full shareholding pattern of Nextservices Healthcare Sourcing Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nextservices Healthcare Sourcing Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nextservices Healthcare Sourcing Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nextservices Healthcare Sourcing Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN0651R2Z2 | Maharashtra | Active | 11 Jul 2017 |
To see the full GST registrations and return filing status of Nextservices Healthcare Sourcing Solutions Private Limited, buy the company report.
Recent activity
Nextservices Healthcare Sourcing Solutions Private Limited has 3 board changes on record since 2004: 3 appointments. The latest: Praveen Suthrum was appointed as Director on 05 Oct 2004.
Frequently asked questions
Nextservices Healthcare Sourcing Solutions is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 05 October 2004 (22+ years old) and is registered under CIN U74140MH2004FTC148968.
Nextservices Healthcare Sourcing Solutions has 3 current directors:
- Praveen Suthrum - Director
- Suzette Sugathan - Director
- Sunil Siddappa Malanaik - Director
The latest financial statements of Nextservices Healthcare Sourcing Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Nextservices Healthcare Sourcing Solutions is 27AACCN0651R2Z2, registered in Maharashtra. 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 Nextservices Healthcare Sourcing Solutions is U74140MH2004FTC148968. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nextservices Healthcare Sourcing Solutions was incorporated on 05 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nextservices Healthcare Sourcing Solutions by revenue are Suffescom Solutions Private Limited, Idcol Software Limited, Tekiq Software Solutions Private Limited, Go-To-Market Buddy Software Private Limited, Pureprofile Technologies India Private Limited and 1 more, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Praveen Suthrum was appointed as Director on 05 Oct 2004. Sunil Siddappa Malanaik was appointed as Director on 05 Oct 2004. Suzette Sugathan was appointed as Director on 05 Oct 2004.
Nextservices Healthcare Sourcing Solutions can be reached through the website nextservices.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Nextservices Healthcare Sourcing Solutions is at 601 Sixth Floor Eureka Tower Mindspace Off Link Road Near Goregaon Sports Club, Mumbai, Maharashtra, India – 400064.
Nextservices Healthcare Sourcing Solutions operates in the information technology industry, in the IT consulting and support services segment.
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