MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0037366
Medray Clinics Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹14.38 Cr
▲ 112% YoY
Net profit · FY 2024
₹6.97 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹97.05 Lakh
EBITDA margin 6.7%
Authorised capital
₹70 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.87 Cr
Satisfied ₹3.16 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
5
Provident fund records
About Medray Clinics Private Limited
Data last updated:
Medray Clinics Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 26 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85300KA2017PTC107468. Its GSTIN is 29AALCM4090Q1ZK (Karnataka).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Manjunath Venkataswamy and Muniyellappa Kumar Santhosh.
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 # 16 P & T Colony 1st Stage Geddalahally. Sanjaynagar, Bangalore, Karnataka, India – 560094.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.38 Cr, a growth of 112% compared to the previous year. For the same year it recorded a net profit of ₹6.97 Lakh (net margin 0.5%) and EBITDA of ₹97.05 Lakh (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 38% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.87 Cr and satisfied charges of ₹3.16 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Medray Clinics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0037366). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medray.in.
Company details
CIN U85300KA2017PTC107468
Registration Number 107468
Incorporation Date 26 October 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0037366
Key People
Manjunath Venkataswamy Director Muniyellappa Kumar Santhosh Director Praveen Bissegowda Director Recognitions & Rankings of Medray Clinics
Contact details
Medray Clinics Private Limited's registered office is in Bangalore, Karnataka. Its website is medray.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address# 16 P & T Colony 1st Stage Geddalahally. Sanjaynagar, Bangalore, Karnataka, India – 560094
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
To see the full contact details of Medray Clinics Private Limited, buy the company report.
Comprehensive company report
Medray Clinics Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Medray Clinics is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Medray Clinics Private Limited, buy the company report.
Financials of Medray Clinics Private Limited
FY 2024 filings availableMedray Clinics Private Limited reported revenue of ₹14.38 Cr (up 112% YoY) for FY 2024.
Revenue · FY 2024
₹14.38 Cr ▲ 112%
Net profit · FY 2024
₹6.97 Lakh margin 0.5%
EBITDA · FY 2024
₹97.05 Lakh margin 6.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 112%
3 years · compounded
▲ 37%
5 years · compounded
▲ 38%
EBITDA CAGR growth
1 year
▼ 18%
3 years · compounded
▼ 3%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 38% over five years, including 112% growth in the latest year. EBITDA fell 18% 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 |
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| Total Expenses | |||||
| EBITDA | ₹97.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.97 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Medray Clinics Private Limited, buy the company report.
Board of directors of Medray Clinics Private Limited
Medray Clinics has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjunath Venkataswamy Also directs: Medray Healthcare Private Limited | Director | 26 Oct 2017 | 9 Years 0 Months | Current |
| Muniyellappa Kumar Santhosh Also directs: Medray Indiranagar Private Limited, Medray Healthcare Private Limited, Axio Healthcare and Diagnostics Private Limited and 1 more | Director | 26 Oct 2017 | 9 Years 0 Months | Current |
| Praveen Bissegowda Also directs: Medray Indiranagar Private Limited | Director | 10 Jan 2018 | 8 Years 9 Months | Current |
| Vijayakumar Annaiahreddy | Director | 10 Jan 2018 | 8 Years 9 Months | Current |
| Anil Kumar Narasiyappa | Director | 10 Jan 2018 | 8 Years 9 Months | Current |
| Kallappa Shashidhar Parameshwarappa | Director | 10 Jan 2018 | 8 Years 9 Months | Current |
Auditor
Medray Clinics Private Limited is audited by YCRJ & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YCRJ & ASSOCIATES | FY 2023 | 006927S |
Shareholding
The shareholding of Medray Clinics 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 Medray Clinics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.87 Cr
Satisfied charges
₹3.16 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2021 | 100499523 | Axis Bank Limited | ₹50 Lakh | Open | |
| 30 Jul 2020 | 100355639 | Axis Bank Limited | ₹30 Lakh | Open | |
| 23 Jul 2020 | 100370813 | Others | ₹16.45 Lakh | Open | |
| 09 Jul 2019 | 100277689 | Others | ₹90.45 Lakh | Open | |
| 31 May 2018 | 100187467 | Others | ₹3.16 Cr | Satisfied |
To see the full charge records of Medray Clinics Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Medray Clinics Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by an individual | Pending |
To see the full case history of Medray Clinics 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 Medray Clinics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Medray Clinics Private Limited has a workforce of 5 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-16.67%
GST
Medray Clinics has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCM4090Q1ZK | Karnataka | Active | 07 Dec 2017 |
To see the full GST registrations and return filing status of Medray Clinics Private Limited, buy the company report.
Recent activity
Medray Clinics Private Limited has 8 board changes on record since 2017: 7 appointments and 1 cessation. The latest: Balakrishnan Saikrishna ceased to be Additional Director on 28 May 2020.
AGM
Medray Clinics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Medray Clinics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 31 May 2018 via Charge ID 100187467 with Others was fully satisfied on 30 Jun 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 100499523 was registered on 30 Oct 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 100355639 was registered on 30 Jul 2020.
Charges
A charge with Others amounted to Rs. 16.45 Lakh with Charge ID 100370813 was registered on 23 Jul 2020.
Ceased
Balakrishnan Saikrishna ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 90.45 Lakh with Charge ID 100277689 was registered on 09 Jul 2019.
Charges
A charge with Others amounted to Rs. 316.26 Lakh with Charge ID 100187467 was registered on 31 May 2018.
Appointed
Anil Kumar Narasiyappa was appointed as Director.
Appointed
Balakrishnan Saikrishna was appointed as Additional Director.
Appointed
Kallappa Shashidhar Parameshwarappa was appointed as Director.
5 earlier events are in the company report.
Frequently asked questions
Medray Clinics is an active private limited company based in Bangalore, Karnataka, India. The company works in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 26 October 2017 (9+ years old) and is registered under CIN U85300KA2017PTC107468.
Medray Clinics has 6 current directors:
- Manjunath Venkataswamy - Director
- Muniyellappa Kumar Santhosh - Director
- Praveen Bissegowda - Director
- Vijayakumar Annaiahreddy - Director
- Anil Kumar Narasiyappa - Director
- Kallappa Shashidhar Parameshwarappa - Director
The latest financial statements of Medray Clinics 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 FY 2018 are in the company report.
The GSTIN of Medray Clinics is 29AALCM4090Q1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Medray Clinics is U85300KA2017PTC107468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medray Clinics has 1 court case on record: 1 filed against it. 1 is pending.
Medray Clinics was incorporated on 26 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Balakrishnan Saikrishna ceased to be Additional Director on 28 May 2020. Anil Kumar Narasiyappa was appointed as Director on 10 Jan 2018. Balakrishnan Saikrishna was appointed as Additional Director on 10 Jan 2018. Medray Clinics has 8 board changes on record in total.
Yes, Medray Clinics is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0037366).
Medray Clinics can be reached through the website medray.in. Its registered office is in Bangalore, Karnataka, India.
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