MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0176441
Brains Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹20.99 Cr
▲ 95% YoY
Net loss · FY 2024
₹4.89 Cr
Net margin -23.3%
EBITDA · FY 2024
-₹1.49 Cr
EBITDA margin -7.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹9.31 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
88
Provident fund records
About Brains Private Limited
Data last updated:
Brains 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 01 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2016PTC086575. Its GSTIN is 29AAGCB6549N1ZY (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Bangalore Regenerative Advanced Institute of Neuro Science Private Limited. It is led by directors including Neelam Krishnan Venkataramana and Shobha Venkat.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #560 Binnamangala Extension Indiranagar, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.99 Cr, a growth of 95% compared to the previous year. For the same year it recorded a net loss of ₹4.89 Cr (net margin -23.3%) and EBITDA of -₹1.49 Cr (EBITDA margin -7.1%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 16% over five years.
The company has about 88 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Brains Hospital. As per MCA filings, the company has open charges of ₹9.31 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
Brains Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0176441). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website brainshospital.com.
Company details
CIN U74900KA2016PTC086575
Registration Number 086575
Incorporation Date 01 March 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0176441
Key People
Neelam Krishnan Venkataramana Director Shobha Venkat Director Trivikrama Rao Vepakomma Director Recognitions & Rankings of Brains
Contact details
Brains Private Limited's registered office is in Bangalore, Karnataka. Its website is brainshospital.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#560 Binnamangala Extension Indiranagar, Bangalore, Karnataka, India – 560038
- IndustryHealthcare, Preventive Health Services
To see the full contact details of Brains Private Limited, buy the company report.
Comprehensive company report
Brains Private Limited - one report that includes everything
- 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
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Brands
Brains operates one associated brand: Brains Hospital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specialized hospital for neuro and spine care services in Bengaluru. | brainshospital.com |
Business activity
The main business activity of Brains is hospital and medical care. In detail, this covers hospital activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q1 | Hospital activities |
To see the full business activity and turnover split of Brains Private Limited, buy the company report.
Financials of Brains Private Limited
FY 2024 filings availableBrains Private Limited reported revenue of ₹20.99 Cr (up 95% YoY) for FY 2024.
Revenue · FY 2024
₹20.99 Cr ▲ 95%
Net loss · FY 2024
₹4.89 Cr margin -23.3%
EBITDA · FY 2024
-₹1.49 Cr margin -7.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 95%
3 years · compounded
▲ 52%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 730%
3 years · compounded
▼ 61%
5 years · compounded
▼ 5%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 95% growth in the latest year. EBITDA fell 730% 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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| Total Expenses | |||||
| EBITDA | -₹1.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.89 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.1% | ||||
| Net Profit Margin | -23.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Brains Private Limited, buy the company report.
Board of directors of Brains Private Limited
Brains has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelam Krishnan Venkataramana Also directs: Gurushrihealth Systems LLP, Neelams Health Systems LLP, Cellspace Research Centre Private Limited and 5 more | Director | 01 Mar 2016 | 10 Years 7 Months | Current |
| Shobha Venkat Also directs: Gurushrihealth Systems LLP, Neelams Health Systems LLP, Allovedas Private Limited and 3 more | Director | 01 Mar 2016 | 10 Years 7 Months | Current |
| Trivikrama Rao Vepakomma Also directs: Digiaxonixs Private Limited, Atantri Ventures LLP, Maisah Exports Private Limited and 2 more | Director | 23 Jan 2025 | 1 Years 9 Months | Current |
| Bhargavi Neelam Venkat Also directs: Neelams Health Systems LLP, Goldenhour Medical Solutions Private Limited, Allovedas Private Limited and 2 more | Director | 24 Jan 2019 | 7 Years 9 Months | Current |
| Chinnaswamy Sunder Raju | Director | 30 Mar 2017 | 9 Years 6 Months | Current |
Peer comparison
Brains Private Limited is compared with the 5 companies closest to it by revenue in the Healthcare industry (Preventive Healthcare Services), with the same principal business activity (hospital activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Parth Sheel Healthcare Private Limited | ₹21.28 Cr (FY 2025) | 47.0% | Chhindwara, Madhya Pradesh, India | |||
| Mamatha Medicare Private Limited | ₹21.04 Cr (FY 2025) | -13.0% | Hyderabad, Telangana, India | |||
| Pragjyotishpur Hospital & Research Centre Private Limited | ₹21.03 Cr (FY 2024) | 7.0% | Guwahati, Assam, India | |||
| Brains Private Limitedthis company | ₹20.99 Cr (FY 2024) | -₹4.89 Cr | -23.3% | 95.0% | 88 | Bangalore, Karnataka, India |
| Humancare World Wide Private Limited | ₹20.88 Cr (FY 2024) | 36.0% | Mumbai, Maharashtra, India | |||
| Shree Superspeciality Hospital Private Limited | ₹20.8 Cr (FY 2025) | 158.0% | Nanded, Maharashtra, India |
To see the full peer comparison of Brains Private Limited, buy the company report.
Auditor
Brains Private Limited is audited by PRV & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRV & COMPANY | FY 2023 | 011669S |
Shareholding
The shareholding of Brains 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 Brains Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.31 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Apr 2023 | 100713769 | Yes Bank Limited | ₹86.94 Lakh | Open | |
| 28 Sep 2022 | 100628252 | Yes Bank Limited | ₹30.49 Lakh | Open | |
| 09 Aug 2022 | 100653774 | Yes Bank Limited | ₹44.07 Lakh | Open | |
| 09 Aug 2022 | 100629478 | Yes Bank Limited | ₹69.67 Lakh | Open | |
| 21 Jul 2022 | 100609649 | Others | ₹7 Cr | Open |
Total charge records: 5 View all charges
Legal cases
Brains Private Limited has 4 court cases on record: 1 filed by Brains, 3 filed against it. All cases are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The State of Karnataka | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by State of Maharastra | Disposed |
To see the full case history of Brains 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
Brains Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2018, listing 1 overdue payment 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 |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Brains Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Brains Private Limited has a workforce of 88 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
88
Active EPFO establishments
1
Employee growth
49.15%
GST
Brains has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCB6549N1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Brains Private Limited, buy the company report.
Recent activity
Brains Private Limited has 8 board changes on record since 2016: 5 appointments and 3 cessations. The latest: Trivikrama Rao Vepakomma ceased to be Additional Director on 31 Jan 2025.
Ceased
Trivikrama Rao Vepakomma ceased to be Additional Director.
Appointed
Trivikrama Rao Vepakomma was appointed as Director.
AGM
Brains Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Brains Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Yes Bank Limited amounted to Rs. 86.94 Lakh with Charge ID 100713769 was registered on 11 Apr 2023.
Charges
A charge with Yes Bank Limited amounted to Rs. 30.49 Lakh with Charge ID 100628252 was registered on 28 Sep 2022.
Charges
A charge with Yes Bank Limited amounted to Rs. 44.07 Lakh with Charge ID 100653774 was registered on 09 Aug 2022.
Charges
A charge with Yes Bank Limited amounted to Rs. 69.67 Lakh with Charge ID 100629478 was registered on 09 Aug 2022.
Charges
A charge with Others amounted to Rs. 700.00 Lakh with Charge ID 100609649 was registered on 21 Jul 2022.
Ceased
Bhargavi Neelam Venkat ceased to be Additional Director.
Appointed
Bhargavi Neelam Venkat was appointed as Director.
Ceased
Chinnaswamy Sunder Raju ceased to be Additional Director.
4 earlier events are in the company report.
Frequently asked questions
Brains 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 01 March 2016 (10+ years old) and is registered under CIN U74900KA2016PTC086575.
Brains has 5 current directors:
- Neelam Krishnan Venkataramana - Director
- Shobha Venkat - Director
- Trivikrama Rao Vepakomma - Director
- Bhargavi Neelam Venkat - Director
- Chinnaswamy Sunder Raju - Director
The latest financial statements of Brains on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Brains is 29AAGCB6549N1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Brains is U74900KA2016PTC086575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Brains has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the district courts.
Brains was incorporated on 01 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Brains by revenue are Parth Sheel Healthcare Private Limited, Mamatha Medicare Private Limited, Pragjyotishpur Hospital & Research Centre Private Limited, Humancare World Wide Private Limited, Shree Superspeciality Hospital Private Limited, all in the Healthcare industry (Preventive Healthcare Services), with the same principal business activity (hospital activities).
Trivikrama Rao Vepakomma ceased to be Additional Director on 31 Jan 2025. Trivikrama Rao Vepakomma was appointed as Director on 23 Jan 2025. Bhargavi Neelam Venkat ceased to be Additional Director on 30 Sep 2019. Brains has 8 board changes on record in total.
Yes, Brains is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0176441).
Brains has 1 MSME Form 1 return on record for the period ending Mar 2018, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 31 May 2019.
Brains can be reached through the website brainshospital.com. Its registered office is in Bangalore, Karnataka, India.