Medenet Analytics India Private Limited
About Medenet Analytics India Private Limited
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Medenet Analytics India Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Medenet Inc. It operates in the database management and solutions segment of the technology and IT services sector. It was incorporated on 11 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72400KA2014FTC074820. Its GSTIN is 29AAJCM2898L1ZK (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Sudha Gurram and Daxaben Patel Ramanbhai.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1/1 I Gate Building 4th Floor Jakkasandra Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.86 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹75.45 Lakh (net margin 6.9%) and EBITDA of ₹1.08 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 8% over five years.
The company has about 175 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Meritus Analytics.
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
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- Registered Address1/1 I Gate Building 4th Floor Jakkasandra Koramangala, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, Database Management & Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Medenet Analytics India Private Limited
The main business activity of Medenet Analytics India is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Medenet Analytics India Private Limited FY 2025 filings available
Medenet Analytics India Private Limited reported revenue of ₹10.86 Cr (up 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Medenet Analytics India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 22% growth in the latest year. EBITDA rose 5% 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 of Medenet Analytics India Private Limited
| 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 | ₹1.08 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹75.45 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 of Medenet Analytics India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Medenet Analytics India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Medenet Analytics India Private Limited
Medenet Analytics India Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Medical Transcription). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S S Nair Communications Private Limited. | ₹11.65 Cr (FY 2023) | •••• | •••• | 29.0% | •••• | New Delhi, Delhi, India |
| Networth RCM Services Private Limited | ₹11.01 Cr (FY 2024) | •••• | •••• | 47.0% | •••• | Mohali, Punjab, India |
| Nav2dx Medicare Private Limited | ₹11 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | New Delhi, Delhi, India |
| Medconverge Healthcare Services Private Limited | ₹10.98 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Hyderabad, Telangana, India |
| Cliniqon RCM Private Limited | ₹10.9 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Kalapatty, Tamil Nadu, India |
| Medenet Analytics India Private Limited this company | ₹10.86 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Bangalore, Karnataka, India |
| Virtual Physician Scribes India Private Limited | ₹10.67 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Bengaluru, Karnataka, India |
| Ecesis Care Private Limited | ₹10.6 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Thiruvananthapuram, Kerala, India |
| Boomerang Soft Private Limited | ₹10.3 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Pune, Maharashtra, India |
| E - Rad Imaging & Reporting Services (India) Private Limited | ₹9.92 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Hyderabad, Telangana, India |
| Imagnum Healthcare Solution Private Limited | ₹9.53 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Medenet Analytics India by revenue in the Outsourcing industry (Medical Transcription), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Medenet Analytics India Private Limited
Medenet Analytics India Private Limited is audited by K P M S & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K P M S & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Medenet Analytics India Private Limited
Medenet Analytics India 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 |
|---|---|---|---|---|
| Sudha Gurram | Director | 22 Dec 2018 | 7 Years 9 Months | Current |
| Daxaben Patel Ramanbhai | Director | 28 Sep 2014 | 12 Years 0 Months | Current |
Ownership and Shareholding of Medenet Analytics India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Medenet Analytics India Private Limited
Medenet Analytics India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Medenet Analytics India Private Limited
Medenet Analytics India operates one associated brand: Meritus Analytics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive marketing analytics services to enhance business strategies. | meritusglobal.com |
Employees and EPFO Compliance at Medenet Analytics India Private Limited
Medenet Analytics India Private Limited has a workforce of 175 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Medenet Analytics India Private Limited
Medenet Analytics India Private Limited has 6 board changes on record since 2014: 4 appointments and 2 cessations. The latest: Harish Mohanbai Patel ceased to be Director on 05 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts for Medenet Analytics India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Medenet Analytics India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Medenet Analytics India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Medenet Analytics India Private Limited
Medenet Analytics India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCM2898L1ZK | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Medenet Analytics India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Medenet Analytics India Private Limited
Medenet Analytics India is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in database management and solutions, within the information technology industry. It was incorporated on 11 June 2014 (12+ years old) and is registered under CIN U72400KA2014FTC074820.
Medenet Analytics India reported revenue of ₹10.86 Cr for FY 2024 (up 22% YoY).
Medenet Analytics India has 2 current directors:
- Sudha Gurram - Director
- Daxaben Patel Ramanbhai - Director
Medenet Analytics India reported a net profit of ₹75.45 Lakh (net margin 6.9%) and EBITDA of ₹1.08 Cr (EBITDA margin 9.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Medenet Analytics India is 25% over three years and 8% over five years. In the latest year (FY 2024) revenue rose 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Medenet Analytics India is 29AAJCM2898L1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Medenet Analytics India is U72400KA2014FTC074820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medenet Analytics India was incorporated on 11 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Medenet Analytics India by revenue are S S Nair Communications Private Limited, Networth RCM Services Private Limited, Nav2dx Medicare Private Limited, Medconverge Healthcare Services Private Limited, Cliniqon RCM Private Limited and 5 more, all in the Outsourcing industry (Medical Transcription).
Harish Mohanbai Patel ceased to be Director on 05 Mar 2019. Vaishali Bhaskar Patel ceased to be Director on 05 Mar 2019. Sudha Gurram was appointed as Director on 22 Dec 2018. Medenet Analytics India has 6 board changes on record in total.
The registered office of Medenet Analytics India is at 11 I Gate Building 4th Floor Jakkasandra Koramangala, Bangalore, Karnataka, India – 560034.