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Pallex Healthcare Solution Private Limited
Pallex Healthcare Solution Private Limited - healthcare in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹23.38 Lakh
▼ 43% YoY
Net loss · FY 2022
₹11.8 Lakh
Net margin -50.5%
EBITDA · FY 2022
-₹11.6 Lakh
EBITDA margin -49.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
9
Provident fund records
Directors on board
2
As per MCA filings
About Pallex Healthcare Solution Private Limited
Data last updated:
Pallex Healthcare Solution Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 01 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85320MH2018PTC313360. Its GSTIN is 27AAKCP0416E1ZP (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Prince John Edavazhikal and Simoni Binoy.
Its last annual general meeting (AGM) was held on 07 July 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Flat No.3 Wing A7 Western Hills, Pune, Maharashtra, India – 411021.
As per the financials filed for FY 2022, the company reported a revenue of ₹23.38 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹11.8 Lakh (net margin -50.5%) and EBITDA of -₹11.6 Lakh (EBITDA margin -49.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.
The company has about 9 employees on its provident fund (EPFO) records.
Pallex Healthcare Solution Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0117086).
Company details
CIN U85320MH2018PTC313360
Registration Number 313360
Incorporation Date 01 September 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 07 July 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0117086
Recognitions & Rankings of Pallex Healthcare Solution
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-MH-26-0117086
Contact details
Pallex Healthcare Solution Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No.3 Wing A7 Western Hills, Pune, Maharashtra, India – 411021
- IndustryHealthcare, Hospitals
To see the full contact details of Pallex Healthcare Solution Private Limited, buy the company report.
Comprehensive company report
Pallex Healthcare Solution 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
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Business activity
The main business activity of Pallex Healthcare Solution is hospital and medical care. In detail, this covers hospital activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q1 | Hospital activities |
To see the full business activity and turnover split of Pallex Healthcare Solution Private Limited, buy the company report.
Financials of Pallex Healthcare Solution Private Limited
FY 2022 filings availablePallex Healthcare Solution Private Limited reported revenue of ₹23.38 Lakh (down 43% YoY) for FY 2022.
Revenue · FY 2022
₹23.38 Lakh ▼ 43%
Net loss · FY 2022
₹11.8 Lakh margin -50.5%
EBITDA · FY 2022
-₹11.6 Lakh margin -49.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 43%
3 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 72%
3 years · compounded
▲ 29%
Revenue fell 43% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 72% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹23.38 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹11.6 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹11.8 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -49.6% | |||
| Net Profit Margin | -50.5% | |||
| 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 Pallex Healthcare Solution Private Limited, buy the company report.
Board of directors of Pallex Healthcare Solution Private Limited
Pallex Healthcare Solution has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prince John Edavazhikal Also directs: PSS Doctor Dost Services LLP, Trivez Homephysician Private Limited | Director | 01 Sep 2018 | 8 Years 2 Months | Current |
| Simoni Binoy Also directs: PSS Doctor Dost Services LLP, Trivez Homephysician Private Limited | Director | 01 Mar 2019 | 7 Years 8 Months | Current |
Peer comparison
Pallex Healthcare Solution Private Limited is compared with the 6 companies closest to it by revenue in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Siranjeevi Hospitals Private Limited | ₹24 Lakh (FY 2025) | 128243.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Ekamra Hospital Private Limited | ₹23.41 Lakh (FY 2025) | Bhubaneswar, Odisha, India | ||||
| Pallex Healthcare Solution Private Limitedthis company | ₹23.38 Lakh (FY 2022) | -₹11.8 Lakh | -50.5% | -43.0% | 9 | Pune, Maharashtra, India |
| Srimathi Healthcare Private Limited | ₹23.37 Lakh (FY 2024) | 33.0% | Chennai, Tamil Nadu, India | |||
| Mercy Hospital Private Limited | ₹23.32 Lakh (FY 2025) | 13.0% | Giridh, Jharkhand, India | |||
| Manhattan Hospital Private Limited | ₹23.15 Lakh (FY 2024) | -87.0% | Thiruvananthapuram, Kerala, India | |||
| New Life Hospitals Private Limited | ₹23.03 Lakh (FY 2024) | -15.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Pallex Healthcare Solution Private Limited, buy the company report.
Auditor
Pallex Healthcare Solution Private Limited is audited by K J S AND ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K J S AND ASSOCIATES | FY 2019 | 143669W |
Shareholding
The shareholding of Pallex Healthcare Solution Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Pallex Healthcare Solution Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pallex Healthcare Solution 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 Pallex Healthcare Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pallex Healthcare Solution Private Limited has a workforce of 9 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
-10%
GST
Pallex Healthcare Solution has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCP0416E1ZP | Maharashtra | Active | 26 Aug 2019 |
| 27AAKCP0416E2ZO | Maharashtra | Active | 13 Mar 2020 |
To see the full GST registrations and return filing status of Pallex Healthcare Solution Private Limited, buy the company report.
Recent activity
Pallex Healthcare Solution Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Nandini Thatte Nibhatish ceased to be Director on 01 Sep 2020.
AGM
Pallex Healthcare Solution Private Limited last Annual general meeting of members was held on 07 Jul 2022 as per latest MCA records.
Filing
Pallex Healthcare Solution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Ceased
Nandini Thatte Nibhatish ceased to be Director.
Appointed
Simoni Binoy was appointed as Director.
Appointed
Prince John Edavazhikal was appointed as Director.
Incorporation
01 Sep 2018
Pallex Healthcare Solution Private Limited was registered on 01 Sep 2018 with Roc Mumbai & aged 8 years 2 months as per MCA records.
Frequently asked questions
Pallex Healthcare Solution is an active private limited company based in Pune, Maharashtra, India. The company works in hospitals, within the healthcare industry. It was incorporated on 01 September 2018 (8+ years old) and is registered under CIN U85320MH2018PTC313360.
Pallex Healthcare Solution has 2 current directors:
- Prince John Edavazhikal - Director
- Simoni Binoy - Director
The latest financial statements of Pallex Healthcare Solution on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 07 July 2022. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Pallex Healthcare Solution is 27AAKCP0416E1ZP, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAKCP0416E2ZO (Maharashtra).
The CIN (Corporate Identification Number) of Pallex Healthcare Solution is U85320MH2018PTC313360. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pallex Healthcare Solution was incorporated on 01 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pallex Healthcare Solution by revenue are Siranjeevi Hospitals Private Limited, Ekamra Hospital Private Limited, Srimathi Healthcare Private Limited, Mercy Hospital Private Limited, Manhattan Hospital Private Limited and 1 more, all in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities).
Nandini Thatte Nibhatish ceased to be Director on 01 Sep 2020. Simoni Binoy was appointed as Director on 01 Mar 2019. Prince John Edavazhikal was appointed as Director on 01 Sep 2018.
Yes, Pallex Healthcare Solution is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Pallex Healthcare Solution is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0117086).
The registered office of Pallex Healthcare Solution is at Flat No.3 Wing A7 Western Hills, Pune, Maharashtra, India – 411021.
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