First Cure Hospital LLP
About First Cure Hospital LLP
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First Cure Hospital LLP is a limited liability partnership (LLP) based in Surat, Gujarat, India. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 31 March 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAJ-0223.
The LLP has a total obligation of contribution of ₹1.2 Cr. It is led by designated partners including Maulin Anilbhai Patel and Krunalkumar Jayantilal Patel.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹4.4 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹90.22 Lakh (net margin 20.5%) and EBITDA of ₹97.41 Lakh (EBITDA margin 22.1%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 74% over five years.
As per MCA filings, the LLP has open charges of ₹3.39 Cr on record.
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- Registered AddressA201 & 201 To 205 At Vip Galleria Abv Dhiraj Sons Opp. Petrol Pump New Vip Road, Althan – Bhimrad, Surat, Gujarat, India – 395007
- IndustryHealthcare, Hospitals
- 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 First Cure Hospital LLP FY 2025 filings available
First Cure Hospital LLP reported revenue of ₹4.4 Cr (up 13% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of First Cure Hospital LLP
Revenue has grown at a compounded annual rate (CAGR) of 74% over five years, including 13% growth in the latest year. EBITDA rose 21% 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 First Cure Hospital LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹90.22 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of First Cure Hospital LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 20.5% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of First Cure Hospital are in the company report.
Financial statements from FY 2017
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.
Designated Partners of First Cure Hospital LLP
First Cure Hospital has 7 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maulin Anilbhai Patel | Designated Partner | 29 Jan 2021 | 5 Years 8 Months | Current |
| Krunalkumar Jayantilal Patel Also directs: Hope4well Intensive Care LLP | Designated Partner | 19 Jan 2024 | 2 Years 9 Months | Current |
| Minal Maulin Patel | Designated Partner | 31 Mar 2017 | 9 Years 6 Months | Current |
| Dharak Chandresh Dholakia | Designated Partner | 31 Mar 2017 | 9 Years 6 Months | Current |
| Nikhil Babulal Palrecha | Designated Partner | 31 Mar 2017 | 9 Years 6 Months | Current |
| Suchita Anilbhai Patel | Designated Partner | 31 Mar 2017 | 9 Years 6 Months | Current |
Ownership and Shareholding of First Cure Hospital LLP
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 First Cure Hospital LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Feb 2025 | Icici Bank Limited | ₹1.3 Cr | Open |
| 17 Dec 2024 | Icici Bank Limited | ₹1 Lakh | Open |
| 17 Dec 2024 | Icici Bank Limited | ₹55 Lakh | Open |
| 21 Nov 2023 | Icici Bank Limited | ₹1.53 Cr | Open |
Total charge records: 4 View all charges
Employees and EPFO Compliance at First Cure Hospital LLP
Employment history and EPFO contributions of people linked to First Cure Hospital.
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.
Recent Activity on First Cure Hospital LLP
First Cure Hospital LLP has 7 designated partner changes on record since 2017: 7 appointments. The latest: Amitaben Krunalkumar Patel was appointed as Designated Partner on 19 Jan 2024.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for First Cure Hospital LLP
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 First Cure Hospital LLP
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 First Cure Hospital LLP
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.
GST Compliance of First Cure Hospital LLP
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.
MCA Filings & Documents of First Cure Hospital LLP
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.
Frequently Asked Questions about First Cure Hospital LLP
First Cure Hospital is an active limited liability partnership based in Surat, Gujarat, India. The LLP works in hospitals, within the healthcare industry. It was incorporated on 31 March 2017 (9+ years old) and is registered under LLPIN AAJ-0223.
First Cure Hospital reported revenue of ₹4.4 Cr for FY 2023 (up 13% YoY).
First Cure Hospital has 7 current designated partners:
- Maulin Anilbhai Patel - Designated Partner
- Krunalkumar Jayantilal Patel - Designated Partner
- Minal Maulin Patel - Designated Partner
- Dharak Chandresh Dholakia - Designated Partner
- Nikhil Babulal Palrecha - Designated Partner
- Suchita Anilbhai Patel - Designated Partner
- Amitaben Krunalkumar Patel - Designated Partner
First Cure Hospital reported a net profit of ₹90.22 Lakh (net margin 20.5%) and EBITDA of ₹97.41 Lakh (EBITDA margin 22.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of First Cure Hospital is 40% over three years and 74% over five years. In the latest year (FY 2023) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The LLPIN (Limited Liability Partnership Identification Number) of First Cure Hospital is AAJ-0223. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
First Cure Hospital was incorporated on 31 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Amitaben Krunalkumar Patel was appointed as Designated Partner on 19 Jan 2024. Krunalkumar Jayantilal Patel was appointed as Designated Partner on 19 Jan 2024. Maulin Anilbhai Patel was appointed as Designated Partner on 29 Jan 2021. First Cure Hospital has 7 designated partner changes on record in total.
The registered office of First Cure Hospital is at A201 & 201 To 205 At Vip Galleria Abv Dhiraj Sons Opp. Petrol Pump New Vip Road, Althan – Bhimrad, Surat, Gujarat, India – 395007.
The total obligation of contribution is ₹1.2 Cr.