MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-TS-02-0051673
Medvarsity Online Limited - education in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹117.26 Cr
▼ 10% YoY
Net loss · FY 2024
₹20.57 Cr
Net margin -17.5%
EBITDA · FY 2024
₹4.7 Cr
EBITDA margin 4%
Authorised capital
₹31 Cr
Registered with MCA
Paid-up capital
₹14.99 Cr
Issued & subscribed
Open charges
₹88.32 Cr
Secured borrowings
Company age
26 yrs
Est. 2000
Employees · EPFO
269
Provident fund records
About Medvarsity Online Limited
Data last updated:
Medvarsity Online Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the edtech solutions segment of the education sector. It was incorporated on 06 November 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U80903TG2000PLC035609. Its GSTIN is 36AACCM9646B1ZH (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹31 Cr and a paid-up capital of ₹14.99 Cr. It is led by directors including Sreenivasulu Reddy Sannapareddi and Anupam Sibal.
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 Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹117.26 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹20.57 Cr (net margin -17.5%) and EBITDA of ₹4.7 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 2% over five years.
The company has about 269 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 3 brands: Ayush Courses, Dosily and Medvarsity. As per MCA filings, the company has open charges of ₹88.32 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending. The company has 8 deals on record (3 funding rounds, 3 rights issues, 2 acquisitions), with disclosed funding of ₹15.7 Cr; the latest was in May 2020. Its 10 peer companies in the Education industry (Education Technology) are compared by revenue, 5 larger and 5 smaller; the largest is Grade Stack Learning Private Limited with revenue of ₹154.2 Cr.
Medvarsity Online Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0051673). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medvarsity.com.
Company Details of Medvarsity Online Limited
CIN U80903TG2000PLC035609
Registration Number 035609
Incorporation Date 06 November 2000
ROC Hyderabad
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 Medium
Udyam Registration UDYAM-TS-02-0051673
CIN History of Medvarsity Online Limited
Medvarsity Online has one previous CIN (Corporate Identification Number): U80903AP2000PLC035609. The current CIN is U80903TG2000PLC035609, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80903TG2000PLC035609 | Current |
| U80903AP2000PLC035609 | Previous |
Key People
Sreenivasulu Reddy Sannapareddi Director Subramanyam Yadavally Additional Director Anupam Sibal Director Recognitions & Rankings of Medvarsity Online
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGround 1st 2nd And 3rd Floors Jyothi Arina, Mch No.8 – 2 – 120/86/2 Shaikpet Village Road No 2 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryEducation, EdTech Solutions
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Associated Brands with Medvarsity Online Limited
Medvarsity Online operates multiple associated brands including Ayush Courses, Dosily, and Medvarsity. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online platform providing certificate courses in various medical fields for professional development. | ayushcourses.com | |
| Provides a comprehensive online learning platform tailored for medical professionals. | dosily.com | |
| Online certification courses for healthcare professionals are offered. | medvarsity.com |
Business Activity of Medvarsity Online Limited
The business activities of Medvarsity Online are registered with the MCA. The activity codes are listed below.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Locked | P4 | Locked | Locked |
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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 Medvarsity Online Limited FY 2024 filings available
Medvarsity Online Limited reported revenue of ₹117.26 Cr (down 10% YoY) for FY 2024.
Revenue · FY 2024
₹117.26 Cr ▼ 10%
Net loss · FY 2024
₹20.57 Cr margin -17.5%
EBITDA · FY 2024
₹4.7 Cr margin 4%
Compounded Annual Growth Rate (CAGR) of Medvarsity Online Limited
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 23%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 74%
5 years · compounded
▲ 18%
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 74% 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 Medvarsity Online Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹4.7 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹20.57 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 of Medvarsity Online Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -17.5% | •••• | •••• | •••• | •••• |
| 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 Medvarsity Online are in the company report.
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Financial statements from 2015
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.
Board of Directors of Medvarsity Online Limited
Medvarsity Online has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sreenivasulu Reddy Sannapareddi Also directs: Apollo Med Skills Limited | Director | 21 Mar 2003 | 23 Years 7 Months | Current |
| Subramanyam Yadavally | Additional Director | 30 Mar 2019 | 7 Years 6 Months | Current |
| Anupam Sibal | Director | 30 Sep 2011 | 15 Years 0 Months | Current |
Peer Comparison of Medvarsity Online Limited
Medvarsity Online Limited is compared with the companies closest to it by revenue in the Education industry (Education Technology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Grade Stack Learning Private Limited | ₹154.2 Cr (FY 2023) | •••• | •••• | 211.0% | •••• | Bengaluru, Karnataka, India |
| Hurix Systems Private Limited | ₹145.73 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Microline India Private Limited | ₹136.27 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Pune, Maharashtra, India |
| Next Education India Private Limited | ₹133.62 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Hyderabad, Telangana, India |
| Eduquity Career Technologies Private Limited | ₹117.49 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Bangalore, Karnataka, India |
| Medvarsity Online Limited this company | ₹117.26 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Hyderabad, Telangana, India |
| Edukite Learning Services Private Limited | ₹115.06 Cr (FY 2025) | •••• | •••• | 172.0% | •••• | Vadodara, Gujarat, India |
| I-Nurture Education Solutions Private Limited | ₹102.65 Cr (FY 2022) | •••• | •••• | 4.0% | •••• | Bangalore, Karnataka, India |
| Ekstep Foundation | ₹101.33 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Bangalore, Karnataka, India |
| Tata Classedge Limited | ₹97.9 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Nopaperforms Solutions Limited | ₹95.84 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Haryana, India |
Peers are the five companies nearest above and the five nearest below Medvarsity Online by revenue in the Education industry (Education Technology), 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 Medvarsity Online Limited
Medvarsity Online Limited is audited by Walker Chandiok & Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Walker Chandiok & Co. LLP | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Medvarsity Online Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
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- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Medvarsity Online Limited
Open charges
₹88.32 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Feb 2024 | Axis Bank Limited | ₹15 Cr | Open |
| 17 May 2019 | Others | ₹61.32 Cr | Open |
| 07 Oct 2016 | Axis Bank Limited | ₹12 Cr | Open |
Total charge records: 3 View all charges
Deals & Funding of Medvarsity Online Limited
Medvarsity Online Limited has 8 deals on record (3 funding rounds, 3 rights issues, 2 acquisitions), with disclosed funding of ₹15.7 Cr; the latest was in May 2020.
Total deals
8
Funding rounds
3
Rights issues
3
Acquisitions
2
Disclosed funding
₹15.7 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2020 | Rights issue | ₹1.15 Cr | Investors: 2 individuals |
| Apr 2019 | Rights issue | ₹8.87 Cr | Investors: 2 individuals |
| Jul 2018 | Rights issue | ₹77 Lakh | Investors: an individual |
| Mar 2007 | Acquisition | Undisclosed | Buyer: an individual Seller: Citadel Research and Solutions Limited |
| Jan 2007 | Acquisition | Undisclosed | Buyer: Citadel Research and Solutions Limited Seller: Sutherland Healthcare Solutions Private Limited , Niit Limited |
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Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Medvarsity Online Limited
Medvarsity Online Limited has 3 court cases on record: 3 filed by Medvarsity Online. 2 cases are pending and 1 is disposed. Status as checked between 30 Sep 2026 and 01 Oct 2026.
Total cases
3
Filed by the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against Beyond Odds Technologies Private Limited | Pending |
| High Court for State of Telangana | Writ petition | Filed by the company against Central Information Commission | Pending |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against an individual | Disposed |
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Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Medvarsity Online Limited
Medvarsity Online Limited has a workforce of 269 employees as of Apr 09, 2024.
Employee count
269
Active EPFO establishments
1
Employee growth
-12.66%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
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- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Medvarsity Online Limited
Medvarsity Online has 2 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Apollo Educational Infrastructure Services Limited | U45200TN2011PLC082374 | Locked |
| Apollo Med Skills Limited | U93090TG2011PLC121900 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Medvarsity Online Limited
Medvarsity Online Limited has 9 board changes on record since 2003: 4 appointments and 5 cessations. The latest: Subramanyam Yadavally was appointed as Additional Director on 30 Mar 2019.
AGM
Medvarsity Online Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Medvarsity Online Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Axis Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100874280 was registered on 12 Feb 2024.
Charges
A charge with Others amounted to Rs. 61.32 Cr with Charge ID 100277347 was registered on 17 May 2019.
Appointed
Subramanyam Yadavally was appointed as Additional Director.
Ceased
Srinivas Reddy Tamma ceased to be Additional Director.
Ceased
Satyanand Bhattiprolu ceased to be Cfo(Kmp).
Ceased
Balamukundarao Premkumar ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 12.00 Cr with Charge ID 100068689 was registered on 07 Oct 2016.
Appointed
Gerald Jaideep was appointed as CEO.
Appointed
Anupam Sibal was appointed as Director.
Ceased
Ashvani Kumar Srivastava ceased to be Director.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Medvarsity Online Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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- Director-linked violations
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MSME Payment Delays by Medvarsity Online Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Medvarsity Online Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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GST Compliance of Medvarsity Online Limited
Medvarsity Online has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCM9646B1ZH | Telangana | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Medvarsity Online Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Related news about Medvarsity Online Limited
Frequently Asked Questions about Medvarsity Online Limited
Medvarsity Online is an active public limited company based in Hyderabad, Telangana, India. The company works in edtech solutions, within the education industry. It was incorporated on 06 November 2000 (26+ years old) and is registered under CIN U80903TG2000PLC035609.
Medvarsity Online reported revenue of ₹117.26 Cr for FY 2024 (down 10% YoY).
Medvarsity Online has 3 current directors:
- Sreenivasulu Reddy Sannapareddi - Director
- Subramanyam Yadavally - Additional Director
- Anupam Sibal - Director
Medvarsity Online reported a net loss of ₹20.57 Cr (net margin -17.5%) and EBITDA of ₹4.7 Cr (EBITDA margin 4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Medvarsity Online is 23% over three years and 2% over five years. In the latest year (FY 2024) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Medvarsity Online is 36AACCM9646B1ZH, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Medvarsity Online is U80903TG2000PLC035609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medvarsity Online has 3 court cases on record: 3 filed by the company. 2 are pending. Most are in the district courts.
Medvarsity Online was incorporated on 06 November 2000, making it 26+ years old. It is registered with the Registrar of Companies, Hyderabad.
Medvarsity Online has 8 deals on record (3 funding rounds, 3 rights issues, 2 acquisitions), with disclosed funding of ₹15.7 Cr; the latest was in May 2020.
The peers of Medvarsity Online by revenue are Grade Stack Learning Private Limited, Hurix Systems Private Limited, Microline India Private Limited, Next Education India Private Limited, Eduquity Career Technologies Private Limited and 5 more, all in the Education industry (Education Technology).