About Legacy Med Private Limited
Data last updated:
Legacy Med Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Legacy Healthcare Private Limited. It operates in the business process outsourcing sector. It was incorporated on 10 April 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2012PTC085368. Its GSTIN is 33AAGCM0192E1ZU (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹21 Lakh and a paid-up capital of ₹20.15 Lakh. It was formerly known as Legacy Health India Private Limited. It is led by directors including Damodaran Jayavelu and Dinesh Kan Butani.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹51.99 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net loss of ₹10.9 Lakh (net margin -0.2%) and EBITDA of ₹1.36 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 40% over five years.
The company has about 821 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medigain.com.
Company details
Name history
Legacy Med has undergone 8 name changes throughout its history. The current legal name is Legacy Med Private Limited.
| Company Name | Status |
|---|---|
| Legacy Med Private Limited | Current |
| Legacy Health India Private Limited | Previous |
| Legacy Health Private Limited | Previous |
| Legacy Healthcare India Private Limited | Previous |
| Medigain Health Private Limited | Previous |
| Legacy Rcm Global India Private Limited | Previous |
| Legacy Growth Private Limited | Previous |
| Legacy Rcm India Private Limited | Previous |
Contact details
Legacy Med Private Limited's registered office is in Chennai, Tamil Nadu. Its website is medigain.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address130(136) Saligramam Arcot Road, Virugambakkam, Chennai, Tamil Nadu, India – 600093
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Legacy Med 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 Legacy Med is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Legacy Med Private Limited, buy the company report.
Financials of Legacy Med Private Limited
FY 2024 filings availableLegacy Med Private Limited reported revenue of ₹51.99 Cr (up 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 28% growth in the latest year. EBITDA rose 64% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹1.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.9 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | -0.2% | ||||
| 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 Legacy Med Private Limited, buy the company report.
Board of directors of Legacy Med Private Limited
Legacy Med has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Damodaran Jayavelu Also directs: Medvance Health Private Limited | Director | 15 Mar 2018 | 8 Years 7 Months | Current |
| Dinesh Kan Butani Also directs: Medvance Health Private Limited | Director | 10 Apr 2012 | 14 Years 6 Months | Current |
| Kan Parsram Butani Also directs: Medvance Health Private Limited | Director | 15 Apr 2020 | 6 Years 6 Months | Current |
Auditor
Legacy Med Private Limited is audited by DURV and Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DURV and Associates LLP | FY 2023 | S200079 |
Shareholding
The shareholding of Legacy Med 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Legacy Med Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Legacy Med Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Legacy Med Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Legacy Med Private Limited has a workforce of 821 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Legacy Med has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCM0192E1ZU | Tamil Nadu | Active | 01 Jul 2017 |
| 33AAHCM9353J1Z5 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Legacy Med Private Limited, buy the company report.
Recent activity
Legacy Med Private Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Damodaran Jayavelu ceased to be Additional Director on 15 Apr 2020.
Frequently asked questions
Legacy Med is an active private limited company based in Chennai, Tamil Nadu, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 10 April 2012 (14+ years old) and is registered under CIN U72900TN2012PTC085368.
Legacy Med has 3 current directors:
- Damodaran Jayavelu - Director
- Dinesh Kan Butani - Director
- Kan Parsram Butani - Director
The latest financial statements of Legacy Med 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 2015 are in the company report.
The GSTIN of Legacy Med is 33AAGCM0192E1ZU, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAHCM9353J1Z5 (Tamil Nadu).
The CIN (Corporate Identification Number) of Legacy Med is U72900TN2012PTC085368. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Legacy Med was incorporated on 10 April 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
Damodaran Jayavelu ceased to be Additional Director on 15 Apr 2020. Kan Parsram Butani was appointed as Director on 15 Apr 2020. Kan Parsram Butani ceased to be Director on 01 Apr 2019. Legacy Med has 5 board changes on record in total.
Legacy Med can be reached through the website medigain.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Legacy Med is at 130136 Saligramam Arcot Road, Virugambakkam, Chennai, Tamil Nadu, India – 600093.
Legacy Med operates in the business outsourcing industry, in the business process outsourcing segment.