Lotus Medicare Services Private Limited
About Lotus Medicare Services Private Limited
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Lotus Medicare Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 11 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85100KA2008PTC047761. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Krishnapriya Ravikumar and Rohan Ravikumar.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 116/1 – A Basement 5th Main 6th Cross Sir Puttanna Chetty Road Chamrajpet, Bangalore, Karnataka, India – 560018.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.1 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹15.5 Lakh (net margin 7.4%) and EBITDA of ₹32.33 Lakh (EBITDA margin 15.4%).
As per MCA filings, the company has open charges of ₹65 Lakh and satisfied charges of ₹30 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Lotus Medicare Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address116/1 – A Basement 5th Main 6th Cross Sir Puttanna Chetty Road Chamrajpet, Bangalore, Karnataka, India – 560018
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Lotus Medicare Services 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 Lotus Medicare Services is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Lotus Medicare Services Private Limited, buy the company report.
Financials of Lotus Medicare Services Private Limited
FY 2017 filings availableLotus Medicare Services Private Limited reported revenue of ₹2.1 Cr (up 4% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year. EBITDA rose 38% in the latest 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 | ₹2.1 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹32.33 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹15.5 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 | 15.4% | ||
| Net Profit Margin | 7.4% | ||
| 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 Lotus Medicare Services Private Limited, buy the company report.
Board of directors of Lotus Medicare Services Private Limited
Lotus Medicare Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnapriya Ravikumar | Director | 17 Mar 2012 | 14 Years 7 Months | Current |
| Rohan Ravikumar | Additional Director | 21 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Lotus Medicare Services Private Limited is compared with the 5 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| K Square Life Sciences Private Limited | ₹2.1 Cr (FY 2025) | 12.0% | Gaziabad, Uttar Pradesh, India | |||
| Pharma Corner Private Limited | ₹2.1 Cr (FY 2025) | 7.0% | Hathras, Uttar Pradesh, India | |||
| Lotus Medicare Services Private Limitedthis company | ₹2.1 Cr (FY 2017) | ₹15.5 Lakh | 7.4% | 4.0% | Bangalore, Karnataka, India | |
| Maxis Healthcare (I) Private Limited | ₹2.09 Cr (FY 2024) | 10.0% | Gokal Puri, Delhi, India | |||
| Apoteca Pharma Private Limited | ₹2.09 Cr (FY 2024) | -29.0% | Indore, Madhya Pradesh, India | |||
| Stockshift India Private Limited | ₹2.09 Cr (FY 2023) | 0.0% | Barshi, Maharashtra, India |
To see the full peer comparison of Lotus Medicare Services Private Limited, buy the company report.
Auditor
Lotus Medicare Services Private Limited is audited by ASOK & RAM for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASOK & RAM | FY 2017 | 000248S |
Shareholding
The shareholding of Lotus Medicare Services Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Lotus Medicare Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2013 | 10468911 | Others | ₹65 Lakh | Open | |
| 30 Jan 2010 | 10208065 | Ing Vysya Bank Limited | ₹30 Lakh | Satisfied |
To see the full charge records of Lotus Medicare Services Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Lotus Medicare Services Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed against the company by Fresenius Kabi India Private Limited | Disposed |
| High Court, MAHARASHTRA | Court case (CARAP) | Filed against the company by Khandelwal Laboratories Private Limited | Disposed |
To see the full case history of Lotus Medicare Services 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 Lotus Medicare Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lotus Medicare Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Lotus Medicare Services Private Limited, buy the company report.
Recent activity
Lotus Medicare Services Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Rohan Ravikumar was appointed as Additional Director on 21 Sep 2017.
Frequently asked questions
Lotus Medicare Services is an active private limited company based in Bangalore, Karnataka, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 11 September 2008 (18+ years old) and is registered under CIN U85100KA2008PTC047761.
Lotus Medicare Services has 2 current directors:
- Krishnapriya Ravikumar - Director
- Rohan Ravikumar - Additional Director
The latest financial statements of Lotus Medicare Services on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Lotus Medicare Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Lotus Medicare Services is U85100KA2008PTC047761. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lotus Medicare Services has 2 court cases on record: 2 filed against it.
Lotus Medicare Services was incorporated on 11 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Lotus Medicare Services by revenue are K Square Life Sciences Private Limited, Pharma Corner Private Limited, Maxis Healthcare (I) Private Limited, Apoteca Pharma Private Limited, Stockshift India Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Rohan Ravikumar was appointed as Additional Director on 21 Sep 2017. Ravikumar Kothandapani ceased to be Director on 07 Jun 2017. Jyothi Sathyanarayanan ceased to be Director on 17 Mar 2012. Lotus Medicare Services has 4 board changes on record in total.
The registered office of Lotus Medicare Services is at 1161 – A Basement 5th Main 6th Cross Sir Puttanna Chetty Road Chamrajpet, Bangalore, Karnataka, India – 560018.
Lotus Medicare Services operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
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