MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0184523
Express Clinics Private Limited - healthcare in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹11.31 Cr
▼ 36% YoY
Net loss · FY 2023
₹3.52 Cr
Net margin -31.1%
EBITDA · FY 2023
-₹3.09 Cr
EBITDA margin -27.4%
Authorised capital
₹8 Lakh
Registered with MCA
Paid-up capital
₹7.99 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
51
Provident fund records
Directors on board
2
As per MCA filings
About Express Clinics Private Limited
Data last updated:
Express Clinics Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Lotus Capital Llc. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 08 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U85100PN2011PTC138822. Its GSTIN is 06AACCE6819N1ZA (Haryana). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹8 Lakh and a paid-up capital of ₹7.99 Lakh. It is led by directors Tilak Inderlal Sharma and Inder Raj Bhalla.
Its last annual general meeting (AGM) was held on 05 December 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Cerebrum IT Park, Pune, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.31 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹3.52 Cr (net margin -31.1%) and EBITDA of -₹3.09 Cr (EBITDA margin -27.4%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 13% over five years.
The company has about 51 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Express Clinics. Court records list 19 cases involving the company, including 3 filed by the company and 16 filed against it; 7 cases are pending. The company has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹125.01 Cr; the latest was in December 2015.
Express Clinics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0184523). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website expressclinics.in.
Company details
CIN U85100PN2011PTC138822
Registration Number 138822
Incorporation Date 08 March 2011
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 December 2024
Date of Balance Sheet 31 March 2023
Parent Company Lotus Capital Llc
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0184523
Recognitions & Rankings of Express Clinics
Contact details
Express Clinics Private Limited's registered office is in Pune, Maharashtra. Its website is expressclinics.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGround Floor Building No. 1, Cerebrum IT Park Kalyaninagar, Pune, Maharashtra, India – 411014
- IndustryHealthcare, Hospitals
To see the full contact details of Express Clinics Private Limited, buy the company report.
Comprehensive company report
Express Clinics 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
Express Clinics operates one associated brand: Express Clinics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multi-specialty primary and secondary care is delivered through urban clinics. | expressclinics.in |
Business activity
The main business activity of Express Clinics 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 Express Clinics Private Limited, buy the company report.
Financials of Express Clinics Private Limited
FY 2023 filings availableExpress Clinics Private Limited reported revenue of ₹11.31 Cr (down 36% YoY) for FY 2023.
Revenue · FY 2023
₹11.31 Cr ▼ 36%
Net loss · FY 2023
₹3.52 Cr margin -31.1%
EBITDA · FY 2023
-₹3.09 Cr margin -27.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 34%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 36%
5 years · compounded
▲ 20%
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 36% fall in the latest year. EBITDA rose 58% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹3.09 Cr | ||||
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| Net Profit (PAT) | -₹3.52 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -27.4% | ||||
| Net Profit Margin | -31.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Express Clinics Private Limited, buy the company report.
Board of directors of Express Clinics Private Limited
Express Clinics has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Inder Raj Bhalla | Additional Director | 29 Dec 2023 | 2 Years 9 Months | Current |
| Tilak Inderlal Sharma Also directs: Indsro LLP, Autoleaf India Defence Systems Private Limited, Mdi Networx Private Limited and 2 more | Director | 21 Jul 2014 | 12 Years 3 Months | Current |
Auditor
Express Clinics Private Limited is audited by Kirtane & Pandit LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kirtane & Pandit LLP | FY 2021 | 15215W/ W-100057 |
Shareholding
The shareholding of Express Clinics Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Express Clinics Private Limited, buy the company report.
Deals & funding
Express Clinics Private Limited has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹125.01 Cr; the latest was in December 2015.
Total deals
6
Secondary share transfers
3
Funding rounds
2
Acquisition
1
Disclosed funding
₹125.01 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: Dc Healthcare International, Inc Usa, an individual Seller: Somerset Indus Capital Partners, 2 individuals |
| Oct 2014 | Funding round · Series C | ₹99.91 Cr | Investors: Dc Healthcare International, Inc Usa |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2012 | Funding round · Series B | ₹25.1 Cr | Investors: Somerset Indus Capital Partners, Lotus Capital, 2 individuals |
| Aug 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Express Clinics Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Express Clinics Private Limited has 19 court cases on record: 3 filed by Express Clinics, 16 filed against it. 7 cases are pending and 12 are disposed.
Total cases
19
Filed by the company
3
Filed against the company
16
Pending
7
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 14 | 7 |
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Mdi Laboratories India Pvt. Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by Mdi Laboratories India Pvt. Ltd. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Eexpedise Healthcare Pvt Ltd and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Mdi Laboratories India Pvt. Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Mdi Laboratories India Pvt. Ltd. | Disposed |
To see the full case history of Express Clinics 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 Express Clinics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Express Clinics Private Limited has a workforce of 51 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
51
Active EPFO establishments
1
Employee growth
-56.03%
GST
Express Clinics has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCE6819N1ZA | Haryana | Active | 01 Jul 2017 |
| 07AACCE6819N1Z8 | Delhi | Active | 01 Jul 2017 |
| 09AACCE6819N1Z4 | Uttar Pradesh | Active | 01 Jul 2017 |
| 27AACCE6819N1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Express Clinics Private Limited, buy the company report.
Recent activity
Express Clinics Private Limited has 12 board changes on record since 2011: 4 appointments and 8 cessations. The latest: Rajnish Inderlal Sharma ceased to be Director on 31 Dec 2023.
AGM
Express Clinics Private Limited last Annual general meeting of members was held on 05 Dec 2024 as per latest MCA records.
Ceased
Rajnish Inderlal Sharma ceased to be Director.
Appointed
Inder Raj Bhalla was appointed as Additional Director.
Filing
Express Clinics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Ceased
Praveen Yadav ceased to be Director.
Ceased
Sunil Inderlal Sharma ceased to be Additional Director.
Appointed
Sunil Inderlal Sharma was appointed as Director.
Ceased
Atul Mathur ceased to be Nominee Director.
Ceased
Shriram Vijayakumar ceased to be Nominee Director.
Ceased
Avinash Anand Kenkare ceased to be Director.
Ceased
Mayur Anand Sirdesai ceased to be Director.
Ceased
Tilak Inderlal Sharma ceased to be Additional Director.
3 earlier events are in the company report.
Frequently asked questions
Express Clinics is an active private limited company based in Pune, Maharashtra, India. The company works in hospitals, within the healthcare industry. It was incorporated on 08 March 2011 (15+ years old) and is registered under CIN U85100PN2011PTC138822.
Express Clinics has 2 current directors:
- Inder Raj Bhalla - Additional Director
- Tilak Inderlal Sharma - Director
The latest financial statements of Express Clinics on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 05 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Express Clinics is 06AACCE6819N1ZA, registered in Haryana. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 07AACCE6819N1Z8 (Delhi), 09AACCE6819N1Z4 (Uttar Pradesh), 27AACCE6819N1Z6 (Maharashtra).
The CIN (Corporate Identification Number) of Express Clinics is U85100PN2011PTC138822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Express Clinics has 19 court cases on record: 3 filed by the company and 16 filed against it. 7 are pending. Most are in the district courts.
Express Clinics was incorporated on 08 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Express Clinics has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 acquisition), with disclosed funding of ₹125.01 Cr; the latest was in December 2015.
Rajnish Inderlal Sharma ceased to be Director on 31 Dec 2023. Inder Raj Bhalla was appointed as Additional Director on 29 Dec 2023. Praveen Yadav ceased to be Director on 27 Sep 2021. Express Clinics has 12 board changes on record in total.
Yes, Express Clinics is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0184523).