MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TN-02-0020407
Medrona Billing Services Private Limited - business outsourcing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹27.95 Cr
▲ 31% YoY
Net profit · FY 2025
₹2.08 Cr
Net margin 7.4%
EBITDA · FY 2025
₹3.06 Cr
EBITDA margin 11%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹68.01 Lakh
Issued & subscribed
Open charges
₹2.96 Cr
Satisfied ₹3.07 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
191
Provident fund records
About Medrona Billing Services Private Limited
Data last updated:
Medrona Billing Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the business process outsourcing sector. It was incorporated on 29 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U93090TN2008PTC069084. Its GSTIN is 33AADCC5847K1ZI (Tamil Nadu).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹68.01 Lakh. It was formerly known as Cascade Billing Services Private Limited. It is led by directors including Gordon Elvan Bell and Ammapet Subramaniam Natarajan.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2nd Floor Asma Building 189 Ttk Road Alwarpet, Chennai, Tamil Nadu, India – 600018.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.95 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹2.08 Cr (net margin 7.4%) and EBITDA of ₹3.06 Cr (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 8% over five years.
The company has about 191 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Medrona. As per MCA filings, the company has open charges of ₹2.96 Cr and satisfied charges of ₹3.07 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Medrona Billing Services Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-02-0020407). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medrona.com.
Company details
CIN U93090TN2008PTC069084
Registration Number 069084
Incorporation Date 29 August 2008
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TN-02-0020407
Key People
Gordon Elvan Bell Director Ammapet Subramaniam Natarajan Director Srinivasan Sathya Director Recognitions & Rankings of Medrona Billing Services
Contact details
Medrona Billing Services Private Limited's registered office is in Chennai, Tamil Nadu. Its website is medrona.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Asma Building 189 Ttk Road Alwarpet, Chennai, Tamil Nadu, India – 600018
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Medrona Billing Services Private Limited, buy the company report.
Comprehensive company report
Medrona Billing Services 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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Brands
Medrona Billing Services operates one associated brand: Medrona. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides revenue cycle management, medical billing, coding, and technology solutions for healthcare. | medrona.com |
Business activity
The main business activity of Medrona Billing Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Medrona Billing Services Private Limited, buy the company report.
Financials of Medrona Billing Services Private Limited
FY 2025 filings availableMedrona Billing Services Private Limited reported revenue of ₹27.95 Cr (up 31% YoY) for FY 2025.
Revenue · FY 2025
₹27.95 Cr ▲ 31%
Net profit · FY 2025
₹2.08 Cr margin 7.4%
EBITDA · FY 2025
₹3.06 Cr margin 11%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 20%
5 years · compounded
▲ 8%
EBITDA CAGR growth
3 years · compounded
▲ 13%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 31% growth 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.08 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | ||||
| Net Profit Margin | 7.4% | ||||
| 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 Medrona Billing Services Private Limited, buy the company report.
Board of directors of Medrona Billing Services Private Limited
Medrona Billing Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gordon Elvan Bell | Director | 18 Nov 2022 | 3 Years 11 Months | Current |
| Ammapet Subramaniam Natarajan | Director | 29 Aug 2008 | 18 Years 2 Months | Current |
| Srinivasan Sathya | Director | 26 Nov 2021 | 4 Years 11 Months | Current |
Auditor
Medrona Billing Services Private Limited is audited by S V L & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S V L & Associates | FY 2024 | 015839S |
Shareholding
The shareholding of Medrona Billing Services Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Medrona Billing Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.96 Cr
Satisfied charges
₹3.07 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 May 2026 | 101292368 | Others | ₹96 Lakh | Open | |
| 11 Mar 2020 | 100342952 | Standard Chartered Bank | ₹2 Cr | Open | |
| 28 Sep 2018 | 100212578 | Others | ₹1 Cr | Satisfied | |
| 18 Aug 2017 | 100129488 | Dena Bank | ₹9.25 Lakh | Satisfied | |
| 29 Jul 2011 | 10308166 | Dena Bank | ₹75 Lakh | Satisfied |
To see the full charge records of Medrona Billing Services Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Medrona Billing Services Private Limited has 2 court cases on record: 2 filed by Medrona Billing Services. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed by the company against individuals | Disposed |
To see the full case history of Medrona Billing 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 Medrona Billing Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Medrona Billing Services Private Limited has a workforce of 191 employees on its EPFO records as of Nov 14, 2024, across 1 active EPFO establishment.
Employee count
191
Active EPFO establishments
1
Employee growth
11.7%
GST
Medrona Billing Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCC5847K1ZI | Tamil Nadu | Active | 24 Aug 2017 |
To see the full GST registrations and return filing status of Medrona Billing Services Private Limited, buy the company report.
Recent activity
Medrona Billing Services Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Gordon Elvan Bell was appointed as Director on 18 Nov 2022.
Charges
A charge with Others amounted to Rs. 96.00 Lakh with Charge ID 101292368 was registered on 18 May 2026.
AGM
Medrona Billing Services Private Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Filing
Medrona Billing Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Standard Chartered Bank of Rs. 200.00 Lakh registered on 11 Mar 2020 with Charge ID 100342952 was modified on 27 Mar 2025.
Appointed
Gordon Elvan Bell was appointed as Director.
Charges
A charge registered on 18 Aug 2017 via Charge ID 100129488 with Dena Bank was fully satisfied on 21 Jun 2022.
Appointed
Srinivasan Sathya was appointed as Director.
Ceased
Srinivasan Sethuraman ceased to be Director.
Charges
A charge registered on 28 Sep 2018 via Charge ID 100212578 with Others was fully satisfied on 28 Sep 2021.
Charges
A charge with Others of Rs. 100.00 Lakh registered on 28 Sep 2018 with Charge ID 100212578 was modified on 16 Oct 2020.
Charges
A charge with Standard Chartered Bank amounted to Rs. 200.00 Lakh with Charge ID 100342952 was registered on 11 Mar 2020.
Charges
A charge registered on 29 Jul 2011 via Charge ID 10308166 with Dena Bank was fully satisfied on 28 Nov 2018.
10 earlier events are in the company report.
Frequently asked questions
Medrona Billing Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 29 August 2008 (18+ years old) and is registered under CIN U93090TN2008PTC069084.
Medrona Billing Services has 3 current directors:
- Gordon Elvan Bell - Director
- Ammapet Subramaniam Natarajan - Director
- Srinivasan Sathya - Director
The latest financial statements of Medrona Billing Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Medrona Billing Services is 33AADCC5847K1ZI, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Medrona Billing Services is U93090TN2008PTC069084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medrona Billing Services has 2 court cases on record: 2 filed by the company.
Medrona Billing Services was incorporated on 29 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
Gordon Elvan Bell was appointed as Director on 18 Nov 2022. Srinivasan Sathya was appointed as Director on 26 Nov 2021. Srinivasan Sethuraman ceased to be Director on 01 Nov 2021. Medrona Billing Services has 5 board changes on record in total.
Yes, Medrona Billing Services is registered as an MSME under Udyam registration (number: UDYAM-TN-02-0020407).
Medrona Billing Services can be reached through the website medrona.com. Its registered office is in Chennai, Tamil Nadu, India.
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