Ashes Health Services Private Limited
About Ashes Health Services Private Limited
Data last updated:
Ashes Health Services Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the hospital services segment of the healthcare sector. It was incorporated on 14 June 2010.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U85100KA2010PTC054047. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 371 4th Cross Jp Nagar 3rd Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2017, the company reported a revenue of ₹40.95 Lakh, a growth of 85% compared to the previous year. For the same year it recorded a net profit of ₹3.99 Lakh (net margin 9.7%) and EBITDA of ₹5.1 Lakh (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
Company details
Contact details
Ashes Health Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address371 4th Cross Jp Nagar 3rd Phase, Bangalore, Karnataka, India – 560078
- IndustryHealthcare, Hospital Services, Other Hospital And Medical Care Activities
To see the full contact details of Ashes Health Services 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 Ashes Health Services 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 Ashes Health Services Private Limited, buy the company report.
Financials of Ashes Health Services Private Limited
FY 2017 filings availableAshes Health Services Private Limited reported revenue of ₹40.95 Lakh (up 85% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over three years, including 85% growth in the latest year. EBITDA rose 192% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹40.95 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹5.1 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3.99 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 12.5% | ||
| Net Profit Margin | 9.7% | ||
| 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 Ashes Health Services Private Limited, buy the company report.
Board of directors of Ashes Health Services Private Limited
Ashes Health Services has 2 former directors on record and no current directors listed.
Peer comparison
Ashes Health Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other hospital and medical care activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Dhanvantari Ayurvaidik Parishkar Kendra Private Limited | ₹41.04 Lakh (FY 2025) | -3.0% | Hyderabad, Telangana, India | |||
| Star Health Diagnostic and Imagine Centre Private Limited | ₹41.04 Lakh (FY 2023) | New Delhi, Delhi, India | ||||
| Kshipra Drugs Private Limited | ₹41.03 Lakh (FY 2025) | -81.0% | Dewas, Madhya Pradesh, India | |||
| Sri Vaidya Ayurveda Private Limited | ₹41.03 Lakh (FY 2016) | 124.0% | New Delhi, Delhi, India | |||
| Equilife Laboratories Private Limited | ₹40.96 Lakh (FY 2024) | 39.0% | Pune, Maharashtra, India | |||
| Ashes Health Services Private Limitedthis company | ₹40.95 Lakh (FY 2017) | ₹3.99 Lakh | 9.7% | 85.0% | Bangalore, Karnataka, India | |
| Frontida Diagnostics Private Limited | ₹40.93 Lakh (FY 2017) | 110.0% | Chennai, Tamil Nadu, India | |||
| KWDS Bharat Kisan Welfare Foundation | ₹40.91 Lakh (FY 2024) | -73.0% | New Delhi, Delhi, India | |||
| Innaumation Medical Devices Private Limited | ₹40.91 Lakh (FY 2024) | -35.0% | Bengaluru, Karnataka, India | |||
| Torbet (I) Laboratories Private Limited | ₹40.9 Lakh (FY 2025) | 16.0% | Lucknow, Uttar Pradesh, India | |||
| Urban Diagnostics Private Limited | ₹40.9 Lakh (FY 2016) | 299.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Ashes Health Services Private Limited, buy the company report.
Auditor
Ashes Health Services Private Limited is audited by VASAN & SAMPATH LLP CHARTERED ACCOUNTANTS for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VASAN & SAMPATH LLP CHARTERED ACCOUNTANTS | FY 2017 | 004542S/ S200070 |
Shareholding
The shareholding of Ashes Health Services Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ashes Health Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ashes Health Services 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 Ashes Health Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashes Health Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ashes Health Services Private Limited, buy the company report.
Recent activity
Ashes Health Services Private Limited has 2 board changes on record since 2018: 0 appointments and 2 cessations. The latest: Basur Ashok Chandrappa ceased to be Director on 15 Apr 2018.
Frequently asked questions
Ashes Health Services has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Ashes Health Services was a private limited company based in Bangalore, Karnataka, India. The company worked in hospital services, within the healthcare industry. It was incorporated on 14 June 2010 and is registered under CIN U85100KA2010PTC054047. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Ashes Health Services is U85100KA2010PTC054047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashes Health Services was incorporated on 14 June 2010. It is registered with the Registrar of Companies, Bangalore.
The registered office of Ashes Health Services is at 371 4th Cross Jp Nagar 3rd Phase, Bangalore, Karnataka, India – 560078.
The latest financial statements of Ashes Health Services on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Ashes Health Services has 1 GST registration on record and it is cancelled or inactive.
Ashes Health Services operated in the healthcare industry, in the hospital services segment.
The peers of Ashes Health Services by revenue are Sri Dhanvantari Ayurvaidik Parishkar Kendra Private Limited, Star Health Diagnostic and Imagine Centre Private Limited, Kshipra Drugs Private Limited, Sri Vaidya Ayurveda Private Limited, Equilife Laboratories Private Limited and 5 more, all in the same principal business activity (other hospital and medical care activities).
Basur Ashok Chandrappa ceased to be Director on 15 Apr 2018. Srikanth Vasudevan ceased to be Director on 15 Apr 2018.
Ashes Health Services can be reached at its registered office: 371 4th Cross Jp Nagar 3rd Phase, Bangalore, Karnataka, India – 560078.
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