About R1 RCM India Private Limited
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R1 RCM India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of R1 Rcm Inc.. It operates in the business support services segment of the business services sector. It was incorporated on 27 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U85100DL2007PTC159815.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Accretive Health Private Limited. It is led by directors including John Michael Sparby and Swati Khandelwal.
Its last annual general meeting (AGM) was held on 24 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 17 Subhash Marg Darya Ganj, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.11 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹87.72 Lakh (net margin 41.5%) and EBITDA of ₹1.19 Cr (EBITDA margin 56.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 11% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Accretive Health. Court records list 4 cases involving the company, including 3 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 accretivehealth.com.
Company details
Contact details
R1 RCM India Private Limited's registered office is in New Delhi, Delhi. Its website is accretivehealth.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address17 Subhash Marg Darya Ganj, New Delhi, Delhi, India – 110002
- IndustryBusiness Services, Business Support Services
To see the full contact details of R1 RCM India 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
R1 RCM India operates one associated brand: Accretive Health. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Revenue cycle management services are provided to healthcare providers. | accretivehealth.com |
Business activity
The main business activity of R1 RCM India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of R1 RCM India Private Limited, buy the company report.
Financials of R1 RCM India Private Limited
FY 2024 filings availableR1 RCM India Private Limited reported revenue of ₹2.11 Cr (up 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 20% growth in the latest year. EBITDA rose 34% 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 | ₹1.19 Cr | ||||
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| Net Profit (PAT) | ₹87.72 Lakh | ||||
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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 | 56.2% | ||||
| Net Profit Margin | 41.5% | ||||
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To see the full financial statements and ratios of R1 RCM India Private Limited, buy the company report.
Board of directors of R1 RCM India Private Limited
R1 RCM India has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| John Michael Sparby Also directs: R1 RCM Global Private Limited | Director | 30 Jun 2021 | 5 Years 4 Months | Current |
| Swati Khandelwal Also directs: R1 RCM Global Private Limited | Director | 09 Dec 2019 | 6 Years 10 Months | Current |
| Abhijeet Pawar Kamalakar Also directs: R1 RCM Global Private Limited | Director | 09 Jan 2017 | 9 Years 9 Months | Current |
| Amit Kalra Also directs: R1 RCM Global Private Limited | Director | 30 Jun 2021 | 5 Years 4 Months | Current |
Auditor
R1 RCM India Private Limited is audited by S.R. BATLIBOI & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. BATLIBOI & ASSOCIATES LLP | FY 2023 | 400419 |
Shareholding
The shareholding of R1 RCM India 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) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of R1 RCM India Private Limited, buy the company report.
Legal cases
R1 RCM India Private Limited has 4 court cases on record: 3 filed by R1 RCM India, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Principal Bench | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| High Court, HARYANA | Tax appeal | Filed against the company by The PR. Commissioner of Income Tax Gurgaon | Disposed |
| District court, Gurugram, Haryana | Court case (CS37) | Filed by the company against an individual | Disposed |
| District court, Gurugram, Haryana | Court case (CS37) | Filed by the company against an individual | Disposed |
To see the full case history of R1 RCM India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for R1 RCM India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
R1 RCM India Private Limited has a workforce of 6 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for R1 RCM India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
R1 RCM India Private Limited has 22 board changes on record since 2008: 4 appointments and 18 cessations. The latest: Amit Kalra ceased to be Additional Director on 27 Sep 2021.
13 earlier events are in the company report.
Frequently asked questions
R1 RCM India is an active private limited company based in New Delhi, Delhi, India. The company works in business support services, within the business services industry. It was incorporated on 27 February 2007 (19+ years old) and is registered under CIN U85100DL2007PTC159815.
R1 RCM India has 4 current directors:
- John Michael Sparby - Director
- Swati Khandelwal - Director
- Abhijeet Pawar Kamalakar - Director
- Amit Kalra - Director
The latest financial statements of R1 RCM India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of R1 RCM India is U85100DL2007PTC159815. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
R1 RCM India has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the district courts.
R1 RCM India was incorporated on 27 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Amit Kalra ceased to be Additional Director on 27 Sep 2021. John Michael Sparby ceased to be Additional Director on 27 Sep 2021. Amit Kalra was appointed as Director on 30 Jun 2021. R1 RCM India has 22 board changes on record in total.
R1 RCM India can be reached through the website accretivehealth.com. Its registered office is in New Delhi, Delhi, India.
The registered office of R1 RCM India is at 17 Subhash Marg Darya Ganj, New Delhi, Delhi, India – 110002.
R1 RCM India operates in the business services industry, in the business support services segment.
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