Harshitha Hospitals Private Limited

Harshitha Hospitals Private Limited - healthcare in Madurai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U85100TN2009PTC071421 Incorporated 22 April 2009 ROC Chennai HQ Madurai, Tamil Nadu, India
Under Insolvency Private Limited Company healthcare
Data last updated
Revenue · FY 2025
₹28.98 Lakh
▼ 98% YoY
Net loss · FY 2025
₹3.96 Cr
Latest filing
EBITDA · FY 2025
-₹37.98 Lakh
EBITDA margin -131.1%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹14.42 Cr
Issued & subscribed
Open charges
₹43.43 Cr
Satisfied ₹4.11 Cr
Company age
17 yrs
Est. 2009
Directors on board
3
As per MCA filings

About Harshitha Hospitals Private Limited

Data last updated:

Harshitha Hospitals Private Limited is a private limited company based in Madurai, Tamil Nadu, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 22 April 2009.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U85100TN2009PTC071421. Its GSTIN is 33AACCH6630A1Z8 (Tamil Nadu).

The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.42 Cr. It is led by directors including Ilankumaran Chidambaram Nataraja Perumal (Managing Director) and Natarajaperumal Chidambaram.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 128/1A Ayanpapakudi Village Aruppukottai Main Road Avaniyapuram, Madurai, Tamil Nadu, India – 625012.

As per the financials filed for FY 2025, the company reported a revenue of ₹28.98 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹3.96 Cr and EBITDA of -₹37.98 Lakh (EBITDA margin -131.1%). Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 58% over five years.

As per MCA filings, the company has open charges of ₹43.43 Cr and satisfied charges of ₹4.11 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it. The company has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.61 Cr; the latest was in August 2018. Its 3 peer companies in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities) are compared by revenue, 1 larger and 2 smaller; the largest is K V Medicare & Diagnostics Private Limited with revenue of ₹29.64 Lakh.

The last known website on record is harshithahospitals.com.

Company details

CIN U85100TN2009PTC071421
Registration Number 071421
Incorporation Date 22 April 2009
ROC Chennai
Listing Status Unlisted
Company Status Under CIRP
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant

Contact details

Harshitha Hospitals Private Limited's registered office is in Madurai, Tamil Nadu. Its website is harshithahospitals.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    128/1A Ayanpapakudi Village Aruppukottai Main Road Avaniyapuram, Madurai, Tamil Nadu, India – 625012
  • Industry
    Healthcare, Hospitals

To see the full contact details of Harshitha Hospitals Private Limited, buy the company report.

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  • 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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Business activity

The main business activity of Harshitha Hospitals is hospital and medical care. In detail, this covers hospital activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
QHospital and Medical CareQ1Hospital activities

To see the full business activity and turnover split of Harshitha Hospitals Private Limited, buy the company report.

Financials of Harshitha Hospitals Private Limited

FY 2023 filings available

Harshitha Hospitals Private Limited reported revenue of ₹28.98 Lakh (down 98% YoY) for FY 2025.

Revenue · FY 2025
₹28.98 Lakh ▼ 98%
Net loss · FY 2025
₹3.96 Cr
EBITDA · FY 2025
-₹37.98 Lakh margin -131.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 98%
3 years · compounded
▼ 80%
5 years · compounded
▼ 58%
EBITDA CAGR growth
1 year
▼ 147%

Revenue has declined at a compounded annual rate (CAGR) of 58% over five years, including a 98% fall in the latest year. EBITDA fell 147% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹37.98 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.96 Cr
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-131.1%
Net Profit Margin
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 Harshitha Hospitals Private Limited, buy the company report.

Board of directors of Harshitha Hospitals Private Limited

Harshitha Hospitals has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)

Peer comparison

Harshitha Hospitals Private Limited is compared with the 3 companies closest to it by revenue in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
K V Medicare & Diagnostics Private Limited₹29.64 Lakh (FY 2025)63.0%Jammu, Jammu and Kashmir, India
Harshitha Hospitals Private Limitedthis company₹28.98 Lakh (FY 2025)-₹3.96 Cr-98.0%Madurai, Tamil Nadu, India
Eden Hospital Private Limited.₹28.66 Lakh (FY 2021)-71.0%New Delhi, Delhi, India
Sugna Health Care Private Limited₹28.59 Lakh (FY 2025)63.0%Allahabad, Uttar Pradesh, India

To see the full peer comparison of Harshitha Hospitals Private Limited, buy the company report.

Auditor

Harshitha Hospitals Private Limited is audited by Ramkumar Vairavan & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Ramkumar Vairavan & CoFY 20230023778S

Shareholding

The shareholding of Harshitha Hospitals 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Harshitha Hospitals Private Limited, buy the company report.

Charges & borrowings

Open charges
₹43.43 Cr
Satisfied charges
₹4.11 Cr
Breakdown by lending institutions
Canara Bank₹40.06 Cr
Others₹2.56 Cr
Hdfc Bank Limited₹0.81 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Jan 2023100700610Hdfc Bank Limited₹15.05 LakhOpen
04 Apr 2022100572294Hdfc Bank Limited₹20.05 LakhOpen
08 Dec 2021100517140Others₹60 LakhOpen
08 Apr 2021100446486Hdfc Bank Limited₹14.36 LakhOpen
28 Feb 2021100423497Others₹1.96 CrOpen

To see the full charge records of Harshitha Hospitals Private Limited, buy the company report.

Total charge records: 10 View all charges

Deals & funding

Harshitha Hospitals Private Limited has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.61 Cr; the latest was in August 2018.

Total deals
5
Rights issues
2
Secondary share transfers
2
Funding round
1
Disclosed funding
₹2.61 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Aug 2018Secondary share transferUndisclosedBuyer: 4 individuals
Seller: an individual
Sep 2017Rights issue₹7.37 CrInvestors: 4 individuals
Dec 2016Funding round₹2.61 CrInvestors: 4 individuals
Mar 2016Rights issue₹4.67 CrInvestors: 4 individuals
Seller: 3 individuals
Apr 2011Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

GST

Harshitha Hospitals has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AACCH6630A1Z8Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Harshitha Hospitals Private Limited, buy the company report.

Recent activity

Harshitha Hospitals Private Limited has 7 board changes on record since 2009: 3 appointments and 4 cessations. The latest: Elamthalir Muthu ceased to be Director on 22 Apr 2024.

Ceased
Elamthalir Muthu ceased to be Director.
Charges
A charge with Canara Bank of Rs. 40.06 Cr registered on 23 Dec 2015 with Charge ID 10619977 was modified on 12 Apr 2024.
AGM
Harshitha Hospitals Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Harshitha Hospitals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100700610 was registered on 31 Jan 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100572294 was registered on 04 Apr 2022.
Charges
A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100517140 was registered on 08 Dec 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100446486 was registered on 08 Apr 2021.
Charges
A charge with Others amounted to Rs. 1.96 Cr with Charge ID 100423497 was registered on 28 Feb 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.32 Cr with Charge ID 100424068 was registered on 31 Dec 2020.
Charges
A charge registered on 07 Jan 2015 via Charge ID 10546499 with Tamilnad Mercantile Bank Limited was fully satisfied on 05 Jan 2016.
Charges
A charge with Canara Bank amounted to Rs. 40.06 Cr with Charge ID 10619977 was registered on 23 Dec 2015.

13 earlier events are in the company report.

Frequently asked questions

Harshitha Hospitals is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

Harshitha Hospitals is a company under insolvency, formerly operating as a private limited company based in Madurai, Tamil Nadu, India. The company works in hospitals, within the healthcare industry. It was incorporated on 22 April 2009 and is registered under CIN U85100TN2009PTC071421. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Harshitha Hospitals has 3 current directors:

The latest financial statements of Harshitha Hospitals on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Harshitha Hospitals is U85100TN2009PTC071421. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Harshitha Hospitals has open charges of ₹43.43 Cr and satisfied charges of ₹4.11 Cr as per latest MCA filings.

Harshitha Hospitals has 5 court cases on record: 4 filed by the company and 1 filed against it. Most are in the high courts.

Harshitha Hospitals was incorporated on 22 April 2009. It is registered with the Registrar of Companies, Chennai.

Harshitha Hospitals has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.61 Cr; the latest was in August 2018.

The peers of Harshitha Hospitals by revenue are K V Medicare & Diagnostics Private Limited, Eden Hospital Private Limited, Sugna Health Care Private Limited, all in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities).

Elamthalir Muthu ceased to be Director on 22 Apr 2024. Natarajaperumal Chidambaram was appointed as Director on 20 May 2011. Raja Chidambaram Chidambaram Nataraja Perumal was appointed as Director on 20 May 2011. Harshitha Hospitals has 7 board changes on record in total.