About Medrec Technologies Private Limited
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Medrec Technologies Private Limited is a private limited company based in Jehanabad, Bihar, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U72900BR2017PTC034355. Its GSTIN is 10AALCM0082E1Z0 (Bihar).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Medrec Health Services Private Limited. It is led by directors Urmila Kumari and Rajeev Kumar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Vill – Dharahara Po – Kazisharay Ps – Kako, Jehanabad, Bihar, India – 804420.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.02 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹76,118 (net margin 0.7%) and EBITDA of ₹6.46 Lakh (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 141% over three years.
The company is associated with 1 brand: Medrec Technologies.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medrectech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressVill – Dharahara Po – Kazisharay Ps – Kako, Jehanabad, Bihar, India – 804420
- IndustryInformation Technology, Application Development & Software 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 Medrec Technologies Private Limited
The main business activity of Medrec Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Medrec Technologies Private Limited FY 2021 filings available
Medrec Technologies Private Limited reported revenue of ₹1.02 Cr (down 19% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Medrec Technologies Private Limited
Revenue fell 19% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 141%. EBITDA rose 73% 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 Medrec Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| 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 | ₹6.46 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹76,118 | •••• | •••• | •••• |
| 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 Medrec Technologies Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.3% | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• |
| 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 Medrec Technologies are in the company report.
Financial statements from FY 2018
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 Medrec Technologies Private Limited
Medrec Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Altascio Technologies India Private Limited | ₹1.02 Cr (FY 2024) | •••• | •••• | -31.0% | •••• | Chennai, Tamil Nadu, India |
| Aritone Global Ventures Limited | ₹1.02 Cr (FY 2024) | •••• | •••• | -53.0% | •••• | Delhi, India |
| Url Factory Private Limited | ₹1.02 Cr (FY 2024) | •••• | •••• | 87.0% | •••• | Salem, Tamil Nadu, India |
| Niraja Research & Technologies Private Limited | ₹1.02 Cr (FY 2022) | •••• | •••• | 147.0% | •••• | Hyderabad, Telangana, India |
| PRR Scribe Solutions Private Limited | ₹1.02 Cr (FY 2024) | •••• | •••• | 147.0% | •••• | Chennai, Tamil Nadu, India |
| Medrec Technologies Private Limited this company | ₹1.02 Cr (FY 2021) | •••• | •••• | -19.0% | •••• | Jehanabad, Bihar, India |
| Offshore Evolution Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Ghuma, Gujarat, India |
| Webinfinite Solutions Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | 120.0% | •••• | Raman Mandi, Punjab, India |
| Sfcprisms Solutions Private Limited | ₹1.02 Cr (FY 2022) | •••• | •••• | 28.0% | •••• | Patna, Bihar, India |
| Cncdata Insights Private Limited | ₹1.02 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Ernakulam, Kerala, India |
| Somuya Computech Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Medrec Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Medrec Technologies Private Limited
Medrec Technologies Private Limited is audited by C A B K & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C A B K & 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 Medrec Technologies Private Limited
Medrec Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Urmila Kumari Also directs: Medrec Hospital and Research Centre Private Limited | Director | 20 Apr 2017 | 9 Years 5 Months | Current |
| Rajeev Kumar Also directs: Medrec Hospital and Research Centre Private Limited | Director | 20 Apr 2017 | 9 Years 5 Months | Current |
Ownership and Shareholding of Medrec Technologies 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 Medrec Technologies Private Limited
Medrec Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Medrec Technologies Private Limited
Medrec Technologies operates one associated brand: Medrec Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive software, mobile application development, cloud, consulting, testing, and related services. | medrectechnologies.com |
Employees and EPFO Compliance at Medrec Technologies Private Limited
Employment history and EPFO contributions of people linked to Medrec Technologies.
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 Medrec Technologies Private Limited
Medrec Technologies Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Rajeev Kumar was appointed as Director on 20 Apr 2017.
Credit Ratings, Litigation & Regulatory Alerts for Medrec Technologies 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 Medrec Technologies 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 Medrec Technologies 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 Medrec Technologies Private Limited
Medrec Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AALCM0082E1Z0 | Bihar | Active | 11 Oct 2018 |
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 Medrec Technologies 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 Medrec Technologies Private Limited
Medrec Technologies is an active private limited company based in Jehanabad, Bihar, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 April 2017 (9+ years old) and is registered under CIN U72900BR2017PTC034355.
Medrec Technologies reported revenue of ₹1.02 Cr for FY 2021 (down 19% YoY).
Medrec Technologies has 2 current directors:
- Urmila Kumari - Director
- Rajeev Kumar - Director
Medrec Technologies reported a net profit of ₹76,118 (net margin 0.7%) and EBITDA of ₹6.46 Lakh (EBITDA margin 6.3%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Medrec Technologies is 141% over three years. In the latest year (FY 2021) revenue fell 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Medrec Technologies is 10AALCM0082E1Z0, registered in Bihar.
The CIN (Corporate Identification Number) of Medrec Technologies is U72900BR2017PTC034355. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medrec Technologies was incorporated on 20 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Patna.
The peers of Medrec Technologies by revenue are Altascio Technologies India Private Limited, Aritone Global Ventures Limited, Url Factory Private Limited, Niraja Research & Technologies Private Limited, PRR Scribe Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Rajeev Kumar was appointed as Director on 20 Apr 2017. Urmila Kumari was appointed as Director on 20 Apr 2017.
Medrec Technologies can be reached through the website medrectech.com. Its registered office is in Jehanabad, Bihar, India.