MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0062114
Phoenix Medicare Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹34.88 Cr
▲ 1% YoY
Net profit · FY 2025
₹2.21 Cr
Net margin 6.3%
EBITDA · FY 2025
₹3.39 Cr
EBITDA margin 9.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹92.5 Lakh
Issued & subscribed
Open charges
₹7 Cr
Satisfied ₹15.9 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
27
Provident fund records
About Phoenix Medicare Private Limited
Data last updated:
Phoenix Medicare Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 06 October 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24236KA1998PTC024294. Its GSTIN is 29AACCP2222N1ZA (Karnataka). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹92.5 Lakh. It is led by directors including Mavidipalli Thyagarajulu Naidu (Managing Director) and Rugved Mavidipalli.
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 Phoenixhouseno.1783 II&Iiifloor19Thmain1Stsectorhsrlayout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.88 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.21 Cr (net margin 6.3%) and EBITDA of ₹3.39 Cr (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 13% over five years.
The company has about 27 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Phoenix Medicare. As per MCA filings, the company has open charges of ₹7 Cr and satisfied charges of ₹15.9 Cr on record. Court records list 22 cases involving the company, including 22 filed by the company; 1 case is pending.
Phoenix Medicare Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0062114). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website phoenixmedicare.com.
Company details
CIN U24236KA1998PTC024294
Registration Number 024294
Incorporation Date 06 October 1998
ROC Bangalore
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 Small
Udyam Registration UDYAM-KR-03-0062114
Key People
Mavidipalli Thyagarajulu Naidu Managing Director Rugved Mavidipalli Director Mavidiapalli Karunakumari Director Recognitions & Rankings of Phoenix Medicare
Contact details
Phoenix Medicare Private Limited's registered office is in Bangalore, Karnataka. Its website is phoenixmedicare.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressPhoenixhouseno.1783 II&Iiifloor19Thmain1Stsectorhsrlayout, Bangalore, Karnataka, India – 560102
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Phoenix Medicare Private Limited, buy the company report.
Comprehensive company report
Phoenix Medicare 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Phoenix Medicare operates one associated brand: Phoenix Medicare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distributes medical devices like stents, pumps, and instruments across India. | phoenixmedicare.com |
Business activity
The main business activity of Phoenix Medicare 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 Phoenix Medicare Private Limited, buy the company report.
Financials of Phoenix Medicare Private Limited
FY 2024 filings availablePhoenix Medicare Private Limited reported revenue of ₹34.88 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹34.88 Cr ▲ 1%
Net profit · FY 2025
₹2.21 Cr margin 6.3%
EBITDA · FY 2025
₹3.39 Cr margin 9.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 14%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 42%
5 years · compounded
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 1% growth in the latest year. EBITDA rose 5% 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 | ₹3.39 Cr | ||||
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| Net Profit (PAT) | ₹2.21 Cr | ||||
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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 | 9.7% | ||||
| Net Profit Margin | 6.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Phoenix Medicare Private Limited, buy the company report.
Board of directors of Phoenix Medicare Private Limited
Phoenix Medicare has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rugved Mavidipalli | Director | 04 Feb 2021 | 5 Years 8 Months | Current |
| Mavidiapalli Karunakumari Also directs: Rivarp Medical Private Limited, Medical Bionic Private Limited | Director | 06 Oct 1998 | 28 Years 0 Months | Current |
| Mavidipalli Thyagarajulu Naidu Also directs: Rivarp Medical Private Limited, Hospekart Online Private Limited, Medical Bionic Private Limited and 1 more | Managing Director | 06 Oct 1998 | 28 Years 0 Months | Current |
| Shreyas Rangappa Also directs: Deeproot Innovations Private Limited | Director | 20 Aug 2021 | 5 Years 2 Months | Current |
Auditor
Phoenix Medicare Private Limited is audited by M PRASAD & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M PRASAD & CO | FY 2023 | 006020S |
Shareholding
The shareholding of Phoenix Medicare 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 Phoenix Medicare Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7 Cr
Satisfied charges
₹15.9 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 2018 | 100212253 | Others | ₹7 Cr | Open | |
| 29 Feb 2012 | 10349921 | Ing Vysya Bank Limited | ₹9 Cr | Satisfied | |
| 11 Mar 2008 | 10098393 | Punjab National Bank | ₹6.6 Cr | Satisfied | |
| 31 May 1999 | 90200382 | The Nedungadi Bank Limited | ₹15 Lakh | Satisfied | |
| 31 May 1999 | 90197555 | The Nedungadi Bank Ltd. | ₹15 Lakh | Satisfied |
To see the full charge records of Phoenix Medicare Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Phoenix Medicare Private Limited has 22 court cases on record: 22 filed by Phoenix Medicare. 1 case is pending and 21 are disposed.
Total cases
22
Filed by the company
22
Pending
1
Disposed
21
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 0 | 1 |
| High courts | 5 | 0 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Vikram Hospital Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Vagus Super Speciality Hospital Pvt. Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Vagus Super Speciality Hospital Pvt. Ltd. | Disposed |
| High Court, TELANGANA | Revision petition | Filed by the company against M/S. Wockhardt Hospitals Limited and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Phoenix Medicare 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 Phoenix Medicare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Phoenix Medicare Private Limited has a workforce of 27 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
Employee count
27
Active EPFO establishments
1
Employee growth
17.39%
GST
Phoenix Medicare has 4 GST registrations: 1 active and 3 cancelled or inactive.
Total GSTINs
4
Active
1
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCP2222N1ZA | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Phoenix Medicare Private Limited, buy the company report.
Recent activity
Phoenix Medicare Private Limited has 5 board changes on record since 1998: 4 appointments and 1 cessation. The latest: Shreyas Rangappa was appointed as Director on 20 Aug 2021.
AGM
Phoenix Medicare Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Phoenix Medicare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Shreyas Rangappa was appointed as Director.
Appointed
Rugved Mavidipalli was appointed as Director.
Ceased
Mavidipalli Munaswamy Naidu ceased to be Director.
Charges
A charge registered on 29 Feb 2012 via Charge ID 10349921 with Ing Vysya Bank Limited was fully satisfied on 09 Oct 2018.
Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100212253 was registered on 25 May 2018.
Charges
A charge registered on 11 Mar 2008 via Charge ID 10098393 with Punjab National Bank was fully satisfied on 02 Apr 2013.
Charges
A charge registered on 31 May 1999 via Charge ID 90200382 with The Nedungadi Bank Limited was fully satisfied on 02 Apr 2013.
Charges
A charge registered on 31 May 1999 via Charge ID 90197555 with The Nedungadi Bank Ltd. was fully satisfied on 02 Apr 2013.
Charges
A charge with Ing Vysya Bank Limited amounted to Rs. 9.00 Cr with Charge ID 10349921 was registered on 29 Feb 2012.
Charges
A charge with Punjab National Bank of Rs. 6.60 Cr registered on 11 Mar 2008 with Charge ID 10098393 was modified on 12 Feb 2011.
6 earlier events are in the company report.
Frequently asked questions
Phoenix Medicare is an active private limited company based in Bangalore, Karnataka, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 06 October 1998 (28+ years old) and is registered under CIN U24236KA1998PTC024294.
Phoenix Medicare has 4 current directors:
- Mavidipalli Thyagarajulu Naidu - Managing Director
- Rugved Mavidipalli - Director
- Mavidiapalli Karunakumari - Director
- Shreyas Rangappa - Director
The latest financial statements of Phoenix Medicare on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Phoenix Medicare is 29AACCP2222N1ZA, registered in Karnataka. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Phoenix Medicare is U24236KA1998PTC024294. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Phoenix Medicare has 22 court cases on record: 22 filed by the company. 1 is pending. Most are in the district courts.
Phoenix Medicare was incorporated on 06 October 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.
Shreyas Rangappa was appointed as Director on 20 Aug 2021. Rugved Mavidipalli was appointed as Director on 04 Feb 2021. Mavidipalli Munaswamy Naidu ceased to be Director on 23 Nov 2018. Phoenix Medicare has 5 board changes on record in total.
Yes, Phoenix Medicare is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0062114).
Phoenix Medicare can be reached through the website phoenixmedicare.com. Its registered office is in Bangalore, Karnataka, India.