Cigma Medical Coding Private Limited

Cigma Medical Coding Private Limited - business outsourcing in Edappally, Kerala, India. FY 2026 financials & compliance.
CIN U80902KL2018PTC054122 Incorporated 23 July 2018 ROC Ernakulam HQ Edappally, Kerala, India
Active Private Limited Company business outsourcing MSME · Micro
Data last updated
Revenue · FY 2024
₹5.84 Cr
▼ 42% YoY
Net profit · FY 2024
₹45.69 Lakh
Net margin 7.8%
EBITDA · FY 2024
₹1.14 Cr
EBITDA margin 19.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹58 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
40
Provident fund records

About Cigma Medical Coding Private Limited

Data last updated:

Cigma Medical Coding Private Limited is a private limited company based in Edappally, Kerala, India. It operates in the medical transcription segment of the business process outsourcing sector. It was incorporated on 23 July 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U80902KL2018PTC054122. Its GSTIN is 32AAHCC6772H1ZL (Kerala).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ceps Private Limited. It is led by directors Melethekkinadath Neethu (Managing Director) and Bibin.

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 Edappally, Kerala.

As per the financials filed for FY 2024, the company reported a revenue of ₹5.84 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹45.69 Lakh (net margin 7.8%) and EBITDA of ₹1.14 Cr (EBITDA margin 19.5%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 57% over five years.

The company has about 40 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹58 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.

Cigma Medical Coding Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0001096). For more details, the company can be reached via its website cigmahealthcare.in.

Company details

CIN U80902KL2018PTC054122
Registration Number 054122
Incorporation Date 23 July 2018
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-KL-02-0001096
Key People
Melethekkinadath Neethu Managing Director Bibin Director

Recognitions & Rankings of Cigma Medical Coding

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-KL-02-0001096

Contact details

Cigma Medical Coding Private Limited's registered office is in Edappally, Kerala. Its website is cigmahealthcare.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    cigmahealthcare.in
  • Registered Address
    38/852D3 Pallippadan High Light Opp St.George For, Ona Church, Edappally, Kerala, India – 682024
  • Industry
    Business Outsourcing, Medical Transcription

To see the full contact details of Cigma Medical Coding Private Limited, buy the company report.

Comprehensive company report
Cigma Medical Coding 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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Financials of Cigma Medical Coding Private Limited

FY 2024 filings available

Cigma Medical Coding Private Limited reported revenue of ₹5.84 Cr (down 42% YoY) for FY 2024.

Revenue · FY 2024
₹5.84 Cr ▼ 42%
Net profit · FY 2024
₹45.69 Lakh margin 7.8%
EBITDA · FY 2024
₹1.14 Cr margin 19.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 42%
3 years · compounded
▲ 48%
5 years · compounded
▲ 57%
EBITDA CAGR growth
1 year
▼ 47%
3 years · compounded
▲ 64%
5 years · compounded
▲ 134%

Revenue fell 42% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 57%. EBITDA fell 47% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.14 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹45.69 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin19.5%
Net Profit Margin7.8%
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 Cigma Medical Coding Private Limited, buy the company report.

Board of directors of Cigma Medical Coding Private Limited

Cigma Medical Coding has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Melethekkinadath Neethu
Also directs: Vedaa Dairy Farm LLP, Cigma RCM Services Private Limited
Managing Director23 Jul 20188 Years 3 MonthsCurrent
Bibin
Also directs: Vedaa Dairy Farm LLP, Cigma RCM Services Private Limited, STG Hospital Private Limited
Director23 Jul 20188 Years 3 MonthsCurrent
View all directors

Auditor

Cigma Medical Coding Private Limited is audited by S I N D & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
S I N D & ASSOCIATESFY 2022012172S

Shareholding

The shareholding of Cigma Medical Coding Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Cigma Medical Coding Private Limited, buy the company report.

Charges & borrowings

Open charges
₹58 Lakh
Satisfied charges
None
Breakdown by lending institutions
Bank of India₹0.58 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
11 Aug 2022100634062Bank of India₹58 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Cigma Medical Coding Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Cigma Medical Coding Private Limited has a workforce of 40 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.

Employee count
40
Active EPFO establishments
1
Employee growth
73.91%

GST

Cigma Medical Coding has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
32AAHCC6772H1ZLKeralaActive01 Sep 2018

To see the full GST registrations and return filing status of Cigma Medical Coding Private Limited, buy the company report.

Recent activity

Cigma Medical Coding Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Melethekkinadath Neethu ceased to be Director on 29 Sep 2023.

AGM
Cigma Medical Coding Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Cigma Medical Coding Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Ceased
Melethekkinadath Neethu ceased to be Director.
Charges
A charge with Bank Of India amounted to Rs. 58.00 Lakh with Charge ID 100634062 was registered on 11 Aug 2022.
Appointed
Bibin was appointed as Director.
Appointed
Melethekkinadath Neethu was appointed as Managing Director.
Incorporation
23 Jul 2018
Cigma Medical Coding Private Limited was registered on 23 Jul 2018 with Roc Ernakulam & aged 8 years 3 months as per MCA records.

Frequently asked questions

Cigma Medical Coding is an active private limited company based in Edappally, Kerala, India. The company works in medical transcription, within the business outsourcing industry. It was incorporated on 23 July 2018 (8+ years old) and is registered under CIN U80902KL2018PTC054122.

Cigma Medical Coding has 2 current directors:

The latest financial statements of Cigma Medical Coding 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 2019 are in the company report.

The GSTIN of Cigma Medical Coding is 32AAHCC6772H1ZL, registered in Kerala.

The CIN (Corporate Identification Number) of Cigma Medical Coding is U80902KL2018PTC054122. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Cigma Medical Coding has 1 court case on record: 1 filed against it.

Cigma Medical Coding was incorporated on 23 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ernakulam.

Melethekkinadath Neethu ceased to be Director on 29 Sep 2023. Bibin was appointed as Director on 23 Jul 2018. Melethekkinadath Neethu was appointed as Managing Director on 23 Jul 2018.

Yes, Cigma Medical Coding is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0001096).

Cigma Medical Coding can be reached through the website cigmahealthcare.in. Its registered office is in Edappally, Kerala, India.