- Category
- Micro (2022-23)
- Udyam number
- UDYAM-AP-06-0006961

About Firsthealth Medical Solutions Private Limited
Data last updated:
Firsthealth Medical Solutions Private Limited is a private limited company based in Vijayawada, Andhra Pradesh, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 02 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U85191AP2012PTC080682. Its GSTIN is 37AABCF9594L1ZV (Andhra Pradesh).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Srinivas Kondapalli (Managing Director) and Anish Sunkara.
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 is at H.No. 32 – 6 – 5 Chandra Rajeswara Rao Street Prajasakthi Nagar, Vijayawada, Andhra Pradesh, India – 520010.
As per the financials filed for FY 2017, the company reported a revenue of ₹5.73 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net loss of ₹4.79 Lakh (net margin -0.8%) and EBITDA of ₹63.92 Lakh (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years.
As per MCA filings, the company has open charges of ₹1.65 Cr and satisfied charges of ₹1.25 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Firsthealth Medical Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-06-0006961). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website firsthealth.co.in.
Company details
Recognitions & Rankings of Firsthealth Medical Solutions
Contact details
Firsthealth Medical Solutions Private Limited's registered office is in Vijayawada, Andhra Pradesh. Its website is firsthealth.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH.No. 32 – 6 – 5 Chandra Rajeswara Rao Street Prajasakthi Nagar, Vijayawada, Andhra Pradesh, India – 520010
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Firsthealth Medical Solutions 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 Firsthealth Medical Solutions is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Firsthealth Medical Solutions Private Limited, buy the company report.
Financials of Firsthealth Medical Solutions Private Limited
FY 2017 filings availableFirsthealth Medical Solutions Private Limited reported revenue of ₹5.73 Cr (up 37% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 51% over three years, including 37% growth in the latest year. EBITDA rose 158% 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 | |||
| Other Income | |||
| Total Revenue | ₹5.73 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹63.92 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.79 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 | 11.2% | ||
| Net Profit Margin | -0.8% | ||
| 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 Firsthealth Medical Solutions Private Limited, buy the company report.
Board of directors of Firsthealth Medical Solutions Private Limited
Firsthealth Medical Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anish Sunkara Also directs: First Estate Marketing Private Limited | Director | 29 Sep 2014 | 12 Years 1 Months | Current |
| Srinivas Kondapalli Also directs: First Estate Marketing Private Limited | Managing Director | 02 May 2012 | 14 Years 5 Months | Current |
| Sunkara Ashish Also directs: First Estate Marketing Private Limited, SDV Steels Limited | Director | 29 Sep 2014 | 12 Years 1 Months | Current |
Auditor
Firsthealth Medical Solutions Private Limited is audited by CHOWDARY & RAO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHOWDARY & RAO | FY 2017 | 000656S |
Shareholding
The shareholding of Firsthealth Medical Solutions 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 Firsthealth Medical Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Apr 2020 | 100388079 | Others | ₹15 Lakh | Open | |
| 31 Jul 2017 | 100147569 | City Union Bank Limited | ₹1.5 Cr | Open | |
| 05 Dec 2015 | 10609639 | Axis Bank | ₹90 Lakh | Satisfied | |
| 25 Aug 2015 | 10594984 | Hdfc Bank Limited | ₹35 Lakh | Satisfied |
To see the full charge records of Firsthealth Medical Solutions Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Firsthealth Medical Solutions Private Limited has 2 court cases on record: 1 filed by Firsthealth Medical Solutions, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Krishna, Andhra Pradesh | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Krishna, Andhra Pradesh | Civil suit | Filed by the company against individuals | Disposed |
To see the full case history of Firsthealth Medical Solutions 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 Firsthealth Medical Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Firsthealth Medical Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AABCF9594L1ZV | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Firsthealth Medical Solutions Private Limited, buy the company report.
Recent activity
Firsthealth Medical Solutions Private Limited has 6 board changes on record since 2012: 3 appointments and 3 cessations. The latest: Pramod Chalasani ceased to be Director on 17 May 2019.
3 earlier events are in the company report.
Frequently asked questions
Firsthealth Medical Solutions is an active private limited company based in Vijayawada, Andhra Pradesh, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 02 May 2012 (14+ years old) and is registered under CIN U85191AP2012PTC080682.
Firsthealth Medical Solutions has 3 current directors:
- Srinivas Kondapalli - Managing Director
- Anish Sunkara - Director
- Sunkara Ashish - Director
The latest financial statements of Firsthealth Medical Solutions 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.
The GSTIN of Firsthealth Medical Solutions is 37AABCF9594L1ZV, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Firsthealth Medical Solutions is U85191AP2012PTC080682. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Firsthealth Medical Solutions has 2 court cases on record: 1 filed by the company and 1 filed against it.
Firsthealth Medical Solutions was incorporated on 02 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Vijayawada.
Pramod Chalasani ceased to be Director on 17 May 2019. Bharat Mohan Bala Srinivasa Paruchuri ceased to be Director on 10 Dec 2014. Anish Sunkara was appointed as Director on 29 Sep 2014. Firsthealth Medical Solutions has 6 board changes on record in total.
Yes, Firsthealth Medical Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-AP-06-0006961).
Firsthealth Medical Solutions can be reached through the website firsthealth.co.in. Its registered office is in Vijayawada, Andhra Pradesh, India.