Logicare Health Solutions Private Limited
About Logicare Health Solutions Private Limited
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Logicare Health Solutions Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 27 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85195KA2006PTC038599. Its GSTIN is 29AABCL1977B2ZJ (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.74 Cr. It is led by directors including Rajesh Srinivas Phatake (Managing Director) and Veeranna Kuberappa Mudhol.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ground Floor Shivasheela Multiplex Opp. New Bus Stand Gokul Road, Hubli, Karnataka, India.
As per the financials filed for FY 2026, the company reported a revenue of ₹11.26 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹39.01 Lakh (net margin 3.5%) and EBITDA of ₹86.07 Lakh (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 8% over five years.
The company has about 63 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹6.72 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Logicare Health Solutions Private Limited's registered office is in Hubli, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGround Floor Shivasheela Multiplex Opp. New Bus Stand Gokul Road, Hubli, Karnataka, India
- IndustryHealthcare, Hospitals
To see the full contact details of Logicare Health 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 Logicare Health Solutions is human health and social work activities. In detail, this covers human health activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Human health and social work activities | 86 | Human health activities |
To see the full business activity and turnover split of Logicare Health Solutions Private Limited, buy the company report.
Financials of Logicare Health Solutions Private Limited
FY 2026 filings availableLogicare Health Solutions Private Limited reported revenue of ₹11.26 Cr (down 2% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 47% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.26 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹86.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹39.01 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 3.5% | ||||
| 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 Logicare Health Solutions Private Limited, buy the company report.
Board of directors of Logicare Health Solutions Private Limited
Logicare Health Solutions has 10 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veeranna Kuberappa Mudhol Also directs: Kalpankura Healthcare Private Limited | Director | 18 Sep 2010 | 16 Years 1 Months | Current |
| Umesh Goneppanavar | Director | 25 Jan 2017 | 9 Years 9 Months | Current |
| Sameer Narasimharao Desai Also directs: Kalpankura Healthcare Private Limited | Director | 25 Jan 2017 | 9 Years 9 Months | Current |
| Nagaraj Pradyumna Tanksali | Director | 27 Feb 2006 | 20 Years 8 Months | Current |
| Bhushan Vijay Jayade | Director | 27 Feb 2006 | 20 Years 8 Months | Current |
| Manikant Meghji Lodaya | Director | 27 Feb 2006 | 20 Years 8 Months | Current |
Auditor
Logicare Health Solutions Private Limited is audited by SESHAGIRI KULKARNI AND ASSOCIATES for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SESHAGIRI KULKARNI AND ASSOCIATES | FY 2026 | 023276S |
Shareholding
The shareholding of Logicare Health Solutions Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Logicare Health Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 2017 | 100096404 | Others | ₹2.5 Cr | Satisfied | |
| 23 Mar 2015 | 10561766 | The North Kanara G S B Co-Op Bank Ltd | ₹14.2 Lakh | Satisfied | |
| 10 Mar 2015 | 10561760 | The North Kanara G S B Co-Op Bank Ltd | ₹14 Lakh | Satisfied | |
| 27 Dec 2010 | 10257219 | The North Kanara G S B Co-Op Bank Ltd | ₹1.81 Cr | Satisfied | |
| 20 Sep 2010 | 10245180 | Nkgsb Co-Operative Bank Limited | ₹31 Lakh | Satisfied |
To see the full charge records of Logicare Health Solutions Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Logicare Health Solutions Private Limited has 5 court cases on record: 3 filed by Logicare Health Solutions, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Private Hospital & Nursing Homes Association | Disposed |
| District court, DHARWAD, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by an individual | Disposed |
| District court, DHARWAD, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
| District court, DHARWAD, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Logicare Health 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
Logicare Health Solutions Private Limited has 3 MSME Form 1 returns on record between 2018 and 2019, listing 29 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Span Healthcare Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Bharat Associates |
To see the full MSME payment records of Logicare Health Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Logicare Health Solutions Private Limited has a workforce of 63 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 63 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Logicare Health Solutions Private Limited, buy the company report.
GST
Logicare Health Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCL1977B2ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Logicare Health Solutions Private Limited, buy the company report.
Recent activity
Logicare Health Solutions Private Limited has 19 board changes on record since 2006: 10 appointments and 9 cessations. The latest: Sushma Vishwas Pai was appointed as Additional Director on 15 Oct 2025.
29 earlier events are in the company report.
Frequently asked questions
Logicare Health Solutions is an active private limited company based in Hubli, Karnataka, India. The company works in hospitals, within the healthcare industry. It was incorporated on 27 February 2006 (20+ years old) and is registered under CIN U85195KA2006PTC038599.
Logicare Health Solutions has 10 current directors:
- Rajesh Srinivas Phatake - Managing Director
- Veeranna Kuberappa Mudhol - Director
- Umesh Goneppanavar - Director
- Sameer Narasimharao Desai - Director
- Nagaraj Pradyumna Tanksali - Director
- Bhushan Vijay Jayade - Director
- Manikant Meghji Lodaya - Director
- Shrinivas Tirumalarao Deshpande - Director
- Sushma Vishwas Pai - Additional Director
- Vishwas Dinakar Pai - Additional Director
The latest financial statements of Logicare Health Solutions on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Logicare Health Solutions is 29AABCL1977B2ZJ, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Logicare Health Solutions is U85195KA2006PTC038599. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Logicare Health Solutions has 5 court cases on record: 3 filed by the company and 2 filed against it. Most are in the district courts.
Logicare Health Solutions was incorporated on 27 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Sushma Vishwas Pai was appointed as Additional Director on 15 Oct 2025. Vishwas Dinakar Pai was appointed as Additional Director on 15 Oct 2025. Rajesh Srinivas Phatake ceased to be Director on 26 Dec 2020. Logicare Health Solutions has 19 board changes on record in total.
Logicare Health Solutions has 3 MSME Form 1 returns on record between 2018 and 2019, listing 29 overdue payments to 13 micro and small suppliers. The latest return was filed on 23 Oct 2019.
The registered office of Logicare Health Solutions is at Ground Floor Shivasheela Multiplex Opp. New Bus Stand Gokul Road, Hubli, Karnataka, India.
Logicare Health Solutions operates in the healthcare industry, in the hospitals segment.
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