About Practo RX Services Private Limited
Data last updated:
Practo RX Services Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Qikwell Technologies India Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 09 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC117431. Its GSTIN is 29AAKCP1299B1Z8 (Karnataka). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Satish Arunachalam and Abhinav Lal.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.44 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹60.14 Lakh and EBITDA of -₹21.1 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 60% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Practo.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website practo.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGaruda Bhive Workspace Wj88 9J6, Bmtc Complex Kuvempu Nagar Stage 2 Btm Layout, Bangalore, Karnataka, India – 560068
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Practo RX Services Private Limited
The main business activity of Practo RX Services is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care 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 Practo RX Services Private Limited FY 2025 filings available
Practo RX Services Private Limited reported revenue of ₹2.44 Lakh (down 95% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Practo RX Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 95% fall in the latest year. EBITDA rose 80% 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 Practo RX Services 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 | -₹21.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹60.14 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 of Practo RX Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Practo RX Services are in the company report.
Financial statements from FY 2019
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 Practo RX Services Private Limited
Practo RX Services Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution, Pharma 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 |
|---|---|---|---|---|---|---|
| Kaloupi IT Services Private Limited | ₹2.47 Lakh (FY 2024) | •••• | •••• | -82.0% | •••• | Pune, Maharashtra, India |
| Sangharshsheel Mahila Agro Farmers Producer Company Limited | ₹2.47 Lakh (FY 2023) | •••• | •••• | 1438.0% | •••• | Pratapgarh, Uttar Pradesh, India |
| Happyness Innovations Private Limited | ₹2.47 Lakh (FY 2024) | •••• | •••• | •••• | Rajkot, Gujarat, India | |
| Ganilk Private Limited | ₹2.47 Lakh (FY 2024) | •••• | •••• | -99.0% | •••• | Chennai, Tamil Nadu, India |
| Shine Star Marketing Private Limited | ₹2.46 Lakh (FY 2025) | •••• | •••• | 11442.0% | •••• | Delhi, India |
| Practo RX Services Private Limited this company | ₹2.44 Lakh (FY 2025) | •••• | •••• | -95.0% | •••• | Bangalore, Karnataka, India |
| Carolene Therapeutics Private Limited | ₹2.43 Lakh (FY 2024) | •••• | •••• | -54.0% | •••• | Aurangabad, Maharashtra, India |
| DVSR Life Sciences Private Limited | ₹2.43 Lakh (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Shatau Life Science Private Limited | ₹2.42 Lakh (FY 2023) | •••• | •••• | -65.0% | •••• | Ahmedabad, Gujarat, India |
| Sorrell Pharmaceuticals Private Limited | ₹2.42 Lakh (FY 2022) | •••• | •••• | 88.0% | •••• | Hyderabad, Telangana, India |
| Evoluent Pharmaceuticals Private Limited | ₹2.41 Lakh (FY 2021) | •••• | •••• | -55.0% | •••• | Palace Guttahalli, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Practo RX Services by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution, Pharma 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 Practo RX Services Private Limited
Practo RX Services Private Limited is audited by S Bhat & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S Bhat & Associates | 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 Practo RX Services Private Limited
Practo RX Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Arunachalam Also directs: Practo Technologies Private Limited | Director | 30 Jul 2025 | 1 Years 2 Months | Current |
| Abhinav Lal | Director | 09 Oct 2018 | 8 Years 0 Months | Current |
| Rowel Coelho Also directs: Atus Technologies Private Limited | Director | 22 Apr 2022 | 4 Years 5 Months | Current |
Ownership and Shareholding of Practo RX Services 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 Practo RX Services Private Limited
Practo RX Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Practo RX Services Private Limited
Practo RX Services Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| BMP & Co. LLP | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 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 Practo RX Services Private Limited
Practo RX Services operates one associated brand: Practo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Doctor appointments are booked and healthcare professionals are consulted online. | practo.com |
Employees and EPFO Compliance at Practo RX Services Private Limited
Practo RX Services Private Limited has a workforce of 2 employees as of Apr 09, 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.
Recent Activity on Practo RX Services Private Limited
Practo RX Services Private Limited has 6 board changes on record since 2018: 3 appointments and 3 cessations. The latest: Satish Arunachalam ceased to be Additional Director on 07 Sep 2025.
Credit Ratings, Litigation & Regulatory Alerts for Practo RX Services 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 Practo RX Services 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 Practo RX Services Private Limited
Practo RX Services has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCP1299B1Z8 | Karnataka | Active | 16 Jan 2019 |
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 Practo RX Services 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.
Related news about Practo RX Services Private Limited
Frequently Asked Questions about Practo RX Services Private Limited
Practo RX Services is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 09 October 2018 (8+ years old) and is registered under CIN U74999KA2018PTC117431.
Practo RX Services reported revenue of ₹2.44 Lakh for FY 2025 (down 95% YoY).
Practo RX Services has 3 current directors:
- Satish Arunachalam - Director
- Abhinav Lal - Director
- Rowel Coelho - Director
Practo RX Services reported a net loss of ₹60.14 Lakh and EBITDA of -₹21.1 Lakh for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Practo RX Services is -87% over three years and -60% over five years. In the latest year (FY 2025) revenue fell 95%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Practo RX Services is 29AAKCP1299B1Z8, registered in Karnataka. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Practo RX Services is U74999KA2018PTC117431. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Practo RX Services was incorporated on 09 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Practo RX Services by revenue are Kaloupi IT Services Private Limited, Sangharshsheel Mahila Agro Farmers Producer Company Limited, Happyness Innovations Private Limited, Ganilk Private Limited, Shine Star Marketing Private Limited and 5 more, all in the Healthcare industry (Healthcare Equipment Retail and Distribution, Pharma Retail and Distribution).
Satish Arunachalam ceased to be Additional Director on 07 Sep 2025. Satish Arunachalam was appointed as Director on 30 Jul 2025. Navalur Dattatreya Singh Shashank ceased to be Director on 30 Jan 2024. Practo RX Services has 6 board changes on record in total.
Practo RX Services has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Apr 2024.
Practo RX Services can be reached through the website practo.com. Its registered office is in Bangalore, Karnataka, India.