About Acusis Software India Private Limited
Data last updated:
Acusis Software India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Acusis Holding Company Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the medical transcription segment of the business process outsourcing sector. It was incorporated on 27 July 2001.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2001PTC029334. Its GSTIN is 29AADCA2415P1ZH (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹10 Lakh. It is led by directors including Ganesh Pai Panduranga (Irp/Rp/Liquidator) and Lawrence Ronald Jackson.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 17/2 Dollar Chamber Lal Bagh Road Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2022, the company reported a revenue of ₹11.71 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹1.52 Cr (net margin 13%) and EBITDA of ₹2.26 Cr (EBITDA margin 19.3%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 14% over five years.
The company has about 124 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Acusis.
The last known website on record is acusisindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address17/2 Dollar Chamber Lal Bagh Road Bangalore, Karnataka, India – 560027
- IndustryBusiness Outsourcing, Medical Transcription
- 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
Associated Brands with Acusis Software India Private Limited
Acusis Software India operates one associated brand: Acusis. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Home-based medical transcription and billing services are provided. | acusis.com |
Competitors & Alternatives of Acusis Software India Private Limited
Brands and companies operating in the same space as Acusis Software India Private Limited include Centivo, Access Healthcare, Rennova Health and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Centivo | Provider of self funded health plan | New York, United States | 2017 |
 Access Healthcare | Provider of revenue cycle management, BPO, IT, and finance and accounting services | Chennai, India | 2011 |
 Rennova Health | Software solutions for laboratory diagnostics are provided to healthcare. | West Palm Beach, United States | 1989 |
 MultiPlan | Medical payment integrity and analytics services are provided by MultiPlan. | New York, United States | 1980 |
 Omega Healthcare | Healthcare outsourcing services are provided to various sectors. | Boca Raton, United States | 2003 |
 Sagility | Healthcare outsourcing, revenue management, and technology solutions are provided. | Westminster, United States | 2000 |
 EyeCare Partners | Provider of revenue cycle management, staffing, marketing, and IT & business support services | Ballwin, United States | 2015 |
 Universal Hospital Services | Medical equipment is managed and serviced for U.S. healthcare providers. | Minneapolis, United States | 1939 |
 MediTrust Health | Provider of medical payment services | Xuhui, China | 2017 |
 Light Wave Dental | Dental practice brokerage services are provided to facilitate transactions. | Woodbridge, United States | 2010 |
Business Activity of Acusis Software India Private Limited
The main business activity of Acusis Software India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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.
Auditor Details of Acusis Software India Private Limited
Acusis Software India Private Limited is audited by R C E & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R C E & CO | 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 Acusis Software India Private Limited
Acusis Software India has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Pai Panduranga Also directs: Clutterbot Technologies Private Limited | Irp/Rp/Liquidator | 25 Apr 2023 | 3 Years 5 Months | As last reported |
| Lawrence Ronald Jackson | Director | 18 Sep 2014 | 12 Years 0 Months | As last reported |
| Ananda Sanjeeva Also directs: Acucred LLP | Director | 26 Aug 2001 | 25 Years 1 Months | As last reported |
| Aditya Kumar | Director | 03 Apr 2013 | 13 Years 6 Months | As last reported |
Financials of Acusis Software India Private Limited FY 2022 filings available
Acusis Software India Private Limited reported revenue of ₹11.71 Cr (down 24% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Acusis Software India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 24% fall in the latest year. EBITDA rose 19% 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 Acusis Software India Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹11.71 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.26 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.52 Cr | •••• | •••• | •••• | •••• |
| 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 Acusis Software India Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13% | •••• | •••• | •••• | •••• |
| 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 Acusis Software India are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Acusis Software India 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 Acusis Software India Private Limited
Acusis Software India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Acusis Software India Private Limited
Acusis Software India Private Limited has a workforce of 124 employees as of Apr 02, 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.
GST Compliance of Acusis Software India Private Limited
Acusis Software India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCA2415P1ZH | Karnataka | Active | 01 Jul 2017 |
| 33AADCA2415P1ZS | Tamil Nadu | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Acusis Software India 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.
MSME Payment Delays by Acusis Software India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Acusis Software India 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.
MCA Filings & Documents of Acusis Software India 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.
Recent Activity on Acusis Software India Private Limited
Frequently Asked Questions about Acusis Software India Private Limited
Acusis Software India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Acusis Software India is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in medical transcription, within the business outsourcing industry. It was incorporated on 27 July 2001 and is registered under CIN U72200KA2001PTC029334. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Acusis Software India reported revenue of ₹11.71 Cr for FY 2022 (down 24% YoY).
Acusis Software India has 4 current directors:
- Lawrence Ronald Jackson - Director
- Ananda Sanjeeva - Director
- Aditya Kumar - Director
- Ganesh Pai Panduranga - Irp/Rp/Liquidator
Acusis Software India reported a net profit of ₹1.52 Cr (net margin 13%) and EBITDA of ₹2.26 Cr (EBITDA margin 19.3%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Acusis Software India is -21% over three years and -14% over five years. In the latest year (FY 2022) revenue fell 24%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Acusis Software India is U72200KA2001PTC029334. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acusis Software India was incorporated on 27 July 2001. It is registered with the Registrar of Companies, Bangalore.
Acusis Software India can be reached through the website acusisindia.com. Its registered office is in Bangalore, Karnataka, India.