About Medsmart Logistics Private Limited
Data last updated:
Medsmart Logistics Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 31 August 2016.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U52609TN2016PTC115288. Its GSTIN is 33AAKCM5608H1ZH (Tamil Nadu). The company held 13 GST registrations, of which 12 are active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It was led by directors including Narotham Guruvari Reddy (Managing Director) and Sharmila Reddy.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Chennai, Tamil Nadu.
As per the financials filed for FY 2023, the company reported a revenue of ₹396.62 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹10.65 Cr (net margin 2.7%) and EBITDA of ₹19.4 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 11% over five years.
The company had about 217 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹50 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company.
The last known website on record is medsmart.co.
Company details
CIN history
Medsmart Logistics has one previous CIN (Corporate Identification Number): U52609TG2016PTC111745. The current CIN is U52609TN2016PTC115288, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52609TN2016PTC115288 | Current |
| U52609TG2016PTC111745 | Previous |
Contact details
Medsmart Logistics Private Limited's registered office is in Chennai, Tamil Nadu. Its website is medsmart.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSkcl 1st Floor Hormony Square No.48 50 Prakasam Street, T. Nagar India, Chennai, Tamil Nadu, India – 600017
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Medsmart Logistics 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 Medsmart Logistics 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 Medsmart Logistics Private Limited, buy the company report.
Financials of Medsmart Logistics Private Limited
FY 2023 filings availableMedsmart Logistics Private Limited reported revenue of ₹396.62 Cr (down 1% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 6% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹396.62 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹19.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.65 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 2.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Medsmart Logistics Private Limited, buy the company report.
Board of directors of Medsmart Logistics Private Limited
Medsmart Logistics has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharmila Reddy | Director | 31 Aug 2016 | 10 Years 1 Months | As last reported |
| Priya Reddy Bollampalli Also directs: Family Health Plan Insurance Tpa Limited | Director | 31 Aug 2016 | 10 Years 1 Months | As last reported |
| Narotham Guruvari Reddy Also directs: GCR Foods and Beverages Private Limited, Apollo Dialysis Private Limited, Alliance Dental Care Limited and 1 more | Managing Director | 01 Feb 2022 | 4 Years 8 Months | As last reported |
Peer comparison
Medsmart Logistics Private Limited is compared with the 5 companies closest to it by revenue in the Healthcare industry (Healthcare Equipment 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 |
|---|---|---|---|---|---|---|
| Dhruvi Pharma Private Limited | ₹471.76 Cr (FY 2023) | 22.0% | Hyderabad, Telangana, India | |||
| Roche Diabetes Care India Private Limited | ₹445.51 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Getinge Medical India Private Limited | ₹428.41 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Bantom Laboratories Private Limited | ₹404.78 Cr (FY 2025) | 37.0% | New Delhi, Delhi, India | |||
| Medsmart Logistics Private Limitedthis company | ₹396.62 Cr (FY 2023) | ₹10.65 Cr | 2.7% | -1.0% | 217 | Chennai, Tamil Nadu, India |
| DSS Imagetech Private Limited | ₹388.41 Cr (FY 2025) | 25.0% | New Delhi, Delhi, India |
To see the full peer comparison of Medsmart Logistics Private Limited, buy the company report.
Auditor
Medsmart Logistics Private Limited is audited by BASHA & NARASIMHAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BASHA & NARASIMHAN | FY 2023 | 006031S |
Shareholding
The shareholding of Medsmart Logistics 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 Medsmart Logistics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Sep 2017 | 100153179 | Hdfc Bank Limited | ₹50 Cr | Open |
To see the full charge records of Medsmart Logistics Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Medsmart Logistics Private Limited has 5 court cases on record: 5 filed by Medsmart Logistics. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 3 | 0 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chennai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| NCLT, Chennai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Chennai | Court case (MA(CompaniesAct)) | Filed by the company | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed by the company against Mal Tiz Marketing and Communications Pvt. Ltd and 2 Others | Disposed |
To see the full case history of Medsmart Logistics 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 Medsmart Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Medsmart Logistics Private Limited has a workforce of 217 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Medsmart Logistics has 13 GST registrations: 12 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAKCM5608H1ZH | Tamil Nadu | Active | 01 Jul 2017 |
| 07AAKCM5608H1ZC | Delhi | Active | 01 Jul 2017 |
| 21AAKCM5608H1ZM | Odisha | Active | 01 Jul 2017 |
| 22AAKCM5608H1ZK | Chhattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Medsmart Logistics Private Limited, buy the company report.
Recent activity
Medsmart Logistics Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Narotham Guruvari Reddy was appointed as Managing Director on 01 Feb 2022.
Frequently asked questions
Medsmart Logistics has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Medsmart Logistics was a private limited company based in Chennai, Tamil Nadu, India. The company worked in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 31 August 2016 and is registered under CIN U52609TN2016PTC115288. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Medsmart Logistics was incorporated on 31 August 2016. It is registered with the Registrar of Companies, Chennai.
Medsmart Logistics had 3 directors:
- Narotham Guruvari Reddy - Managing Director
- Sharmila Reddy - Director
- Priya Reddy Bollampalli - Director
The CIN (Corporate Identification Number) of Medsmart Logistics is U52609TN2016PTC115288. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Medsmart Logistics is at Skcl 1st Floor Hormony Square No.48 50 Prakasam Street, T. Nagar India, Chennai, Tamil Nadu, India – 600017.
Medsmart Logistics can be reached through the website medsmart.co. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Medsmart Logistics on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Medsmart Logistics is 33AAKCM5608H1ZH, registered in Tamil Nadu. The company has 13 GST registrations in all, of which 12 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAKCM5608H1ZC (Delhi), 21AAKCM5608H1ZM (Odisha), 22AAKCM5608H1ZK (Chhattisgarh).
Medsmart Logistics operated in the healthcare industry, in the medical equipment retail and distribution segment.
The peers of Medsmart Logistics by revenue are Dhruvi Pharma Private Limited, Roche Diabetes Care India Private Limited, Getinge Medical India Private Limited, Bantom Laboratories Private Limited, DSS Imagetech Private Limited, all in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (wholesale trading).