Medsource Healthcare Private Limited
About Medsource Healthcare Private Limited
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Medsource Healthcare Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Rwl Healthworld Limited. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 02 July 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51397DL2002PTC116043. Its GSTIN is 07AADCM0896J1Z6 (Delhi). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹50.07 Lakh. It is led by directors including Rahul Chadha and Manish Kumar.
Its last annual general meeting (AGM) was held on 23 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 2nd Floor D – 1/5 Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2019, the company reported a revenue of ₹172.66 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹3.22 Lakh (net margin 0%) and EBITDA of ₹57.35 Lakh (EBITDA margin 0.3%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
As per MCA filings, the company has satisfied charges of ₹7.56 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it. The company has 2 deals on record (2 secondary share transfers); the latest was in June 2007. Its 8 peer companies in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 larger and 4 smaller; the largest is Indigo Health Care Private Limited with revenue of ₹175.16 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Medsource Healthcare Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2nd Floor D – 1/5 Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Medsource Healthcare 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 Medsource Healthcare 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 Medsource Healthcare Private Limited, buy the company report.
Financials of Medsource Healthcare Private Limited
FY 2019 filings availableMedsource Healthcare Private Limited reported revenue of ₹172.66 Cr (down 40% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over three years, including a 40% fall in the latest year. EBITDA fell 53% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹172.66 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹57.35 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.22 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.3% | ||||
| Net Profit Margin | 0% | ||||
| 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 Medsource Healthcare Private Limited, buy the company report.
Board of directors of Medsource Healthcare Private Limited
Medsource Healthcare has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Chadha | Director | 28 May 2009 | 17 Years 5 Months | Current |
| Manish Kumar | Additional Director | 30 Apr 2021 | 5 Years 6 Months | Current |
| Rajender Kumar Also directs: RWL Healthworld Limited, Ranchem Private Limited, RHC Finance Private Limited and 5 more | Additional Director | 20 Jan 2021 | 5 Years 9 Months | Current |
Peer comparison
Medsource Healthcare Private Limited is compared with the 8 companies closest to it by revenue in the Pharma industry (Pharma 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 |
|---|---|---|---|---|---|---|
| Indigo Health Care Private Limited | ₹175.16 Cr (FY 2025) | 40.0% | Hyderabad, Telangana, India | |||
| Sundyota Numandis Pharmaceuticals Private Limited | ₹174.35 Cr (FY 2025) | 20.0% | Ahmedabad, Gujarat, India | |||
| Anzen Exports Private Limited | ₹173.73 Cr (FY 2025) | 27.0% | Kolkata, West Bengal, India | |||
| Dhanvanthri Speciality Pharma Private Limited | ₹172.95 Cr (FY 2024) | 41.0% | Bangalore, Karnataka, India | |||
| Medsource Healthcare Private Limitedthis company | ₹172.66 Cr (FY 2019) | ₹3.22 Lakh | 0% | -40.0% | New Delhi, Delhi, India | |
| Farmachem Life Private Limited | ₹171.18 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Goa Medicos Private Limited | ₹171.03 Cr (FY 2025) | 5.0% | Gurgaon, Haryana, India | |||
| Dr. Morepen Limited | ₹170.92 Cr (FY 2025) | 81.0% | New Delhi, Delhi, India | |||
| Espee Pharma Chem Private Limited | ₹168.11 Cr (FY 2025) | 8.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Medsource Healthcare Private Limited, buy the company report.
Auditor
Medsource Healthcare Private Limited is audited by M S SEKHON & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S SEKHON & CO | FY 2019 | 003671N |
Shareholding
The shareholding of Medsource Healthcare Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Medsource Healthcare Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Oct 2017 | 100135515 | Hdfc Bank Limited | ₹5.95 Lakh | Satisfied | |
| 03 Feb 2015 | 10553620 | Hdfc Bank Limited | ₹7.5 Cr | Satisfied | |
| 29 Mar 2005 | 80005871 | Punjab National Bank | ₹- | Satisfied |
To see the full charge records of Medsource Healthcare Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Medsource Healthcare Private Limited has 2 deals on record (2 secondary share transfers); the latest was in June 2007.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2007 | Secondary share transfer | Undisclosed | Buyer: RWL Healthworld Limited Seller: an individual |
| Aug 2006 | Secondary share transfer | Undisclosed | Buyer: RWL Healthworld Limited Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Medsource Healthcare Private Limited has 7 court cases on record: 2 filed by Medsource Healthcare, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 2 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Court case (OMP (COMM.)) | Filed against the company by Ar Kay Medicos Private Limited | Disposed |
| District court, South East, Delhi | Commercial suit | Filed against the company by Chhabra Healthcare Solutions Pvt. Ltd. | Disposed |
| District court, South East, Delhi | Commercial suit | Filed against the company by Novacare Healthcare Solutions Pvt. Ltd | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Commissioner of Value Added Tax & Anr. | Disposed |
| District court, South East, Delhi | Commercial suit | Filed against the company by Pushkar Prop. of M/S. Ayush Enterprises | Disposed |
To see the full case history of Medsource Healthcare 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 Medsource Healthcare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Medsource Healthcare has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCM0896J1Z6 | Delhi | Active | 01 Jul 2017 |
| 06AADCM0896J1Z8 | Haryana | Active | 01 Jul 2017 |
| 08AADCM0896J1Z4 | Rajasthan | Active | 01 Jul 2017 |
| 09AADCM0896J1Z2 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Medsource Healthcare Private Limited, buy the company report.
Recent activity
Medsource Healthcare Private Limited has 17 board changes on record since 2008: 3 appointments and 14 cessations. The latest: Manish Kumar was appointed as Additional Director on 30 Apr 2021.
14 earlier events are in the company report.
Frequently asked questions
Medsource Healthcare is an active private limited company based in New Delhi, Delhi, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 02 July 2002 (24+ years old) and is registered under CIN U51397DL2002PTC116043.
Medsource Healthcare has 3 current directors:
- Rahul Chadha - Director
- Manish Kumar - Additional Director
- Rajender Kumar - Additional Director
The latest financial statements of Medsource Healthcare on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 23 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Medsource Healthcare is 07AADCM0896J1Z6, registered in Delhi. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 06AADCM0896J1Z8 (Haryana), 08AADCM0896J1Z4 (Rajasthan), 09AADCM0896J1Z2 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Medsource Healthcare is U51397DL2002PTC116043. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medsource Healthcare has 7 court cases on record: 2 filed by the company and 5 filed against it. Most are in the district courts.
Medsource Healthcare was incorporated on 02 July 2002, making it 24+ years old. It is registered with the Registrar of Companies, Delhi.
Medsource Healthcare has 2 deals on record (2 secondary share transfers); the latest was in June 2007.
The peers of Medsource Healthcare by revenue are Indigo Health Care Private Limited, Sundyota Numandis Pharmaceuticals Private Limited, Anzen Exports Private Limited, Dhanvanthri Speciality Pharma Private Limited, Farmachem Life Private Limited and 3 more, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Manish Kumar was appointed as Additional Director on 30 Apr 2021. Vinod Rajagopalan ceased to be Additional Director on 30 Apr 2021. Kiran Sharma ceased to be Director on 07 Apr 2021. Medsource Healthcare has 17 board changes on record in total.
The registered office of Medsource Healthcare is at 2nd Floor D – 15 Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020.
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