Right Source Health Care Private Limited
About Right Source Health Care Private Limited
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Right Source Health Care Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the preventive healthcare segment of the healthcare sector. It was incorporated on 29 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33110KA2015PTC078597. Its GSTIN is 29AAHCR1847A1ZH (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Sreenivasa Reddy Nallapa Reddy Gari and Amarnadhreddy Sanam.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at GF 14/1 Uttarahalli Main Road Uttarahalli, Bangalore, Karnataka, India – 560061.
As per the financials filed for FY 2020, the company reported a revenue of ₹5.2 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹1.32 Cr (net margin -25.4%) and EBITDA of -₹1.16 Cr (EBITDA margin -22.3%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Right Source Health Care Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGF 14/1 Uttarahalli Main Road Uttarahalli, Bangalore, Karnataka, India – 560061
- IndustryHealthcare, Preventive Health Services
To see the full contact details of Right Source Health Care 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
Business activity
The main business activity of Right Source Health Care is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Right Source Health Care Private Limited, buy the company report.
Financials of Right Source Health Care Private Limited
FY 2020 filings availableRight Source Health Care Private Limited reported revenue of ₹5.2 Cr (down 15% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 650% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.2 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.32 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -22.3% | ||||
| Net Profit Margin | -25.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Right Source Health Care Private Limited, buy the company report.
Board of directors of Right Source Health Care Private Limited
Right Source Health Care has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sreenivasa Reddy Nallapa Reddy Gari | Director | 28 Nov 2017 | 8 Years 11 Months | Current |
| Amarnadhreddy Sanam | Director | 29 Jan 2015 | 11 Years 9 Months | Current |
Auditor
Right Source Health Care Private Limited is audited by VHAVLE & COMPANY for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VHAVLE & COMPANY | FY 2020 | 013027S |
Shareholding
The shareholding of Right Source Health Care Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Right Source Health Care Private Limited, buy the company report.
Legal cases
Right Source Health Care Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Tata Capital Financial Services Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Tata Capital Financial Services Ltd | Disposed |
To see the full case history of Right Source Health Care 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 Right Source Health Care Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Right Source Health Care has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCR1847A1ZH | Karnataka | Active | 01 Jul 2017 |
| 37AAHCR1847A1ZK | Andhra Pradesh | Active | 03 May 2018 |
To see the full GST registrations and return filing status of Right Source Health Care Private Limited, buy the company report.
Recent activity
Right Source Health Care Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Nagaswetha Sanam ceased to be Director on 31 Mar 2021.
Frequently asked questions
Right Source Health Care is an active private limited company based in Bangalore, Karnataka, India. The company works in preventive health services, within the healthcare industry. It was incorporated on 29 January 2015 (11+ years old) and is registered under CIN U33110KA2015PTC078597.
Right Source Health Care has 2 current directors:
- Sreenivasa Reddy Nallapa Reddy Gari - Director
- Amarnadhreddy Sanam - Director
The latest financial statements of Right Source Health Care on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Right Source Health Care is 29AAHCR1847A1ZH, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAHCR1847A1ZK (Andhra Pradesh).
The CIN (Corporate Identification Number) of Right Source Health Care is U33110KA2015PTC078597. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Right Source Health Care has 2 court cases on record: 2 filed against it.
Right Source Health Care was incorporated on 29 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Nagaswetha Sanam ceased to be Director on 31 Mar 2021. Sreenivasa Reddy Nallapa Reddy Gari ceased to be Additional Director on 29 Sep 2018. Sreenivasa Reddy Nallapa Reddy Gari was appointed as Director on 28 Nov 2017. Right Source Health Care has 4 board changes on record in total.
The registered office of Right Source Health Care is at GF 141 Uttarahalli Main Road Uttarahalli, Bangalore, Karnataka, India – 560061.
Right Source Health Care operates in the healthcare industry, in the preventive health services segment.
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