Primecare Enterprises Private Limited

Primecare Enterprises Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U85320KA2018PTC110475 Incorporated 24 February 2018 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company healthcare
Data last updated
Revenue · FY 2024
₹3.7 Lakh
▼ 79% YoY
Net loss · FY 2024
₹2.47 Cr
Latest filing
EBITDA · FY 2024
-₹2.46 Cr
Latest filing
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹25.23 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
10
Provident fund records
Directors on board
2
As per MCA filings

About Primecare Enterprises Private Limited

Data last updated:

Primecare Enterprises Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 24 February 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85320KA2018PTC110475. Its GSTIN is 29AAJCP6968L1ZE (Karnataka).

The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹25.23 Lakh. It was formerly known as Primecare Reconcile Health Remedies Private Limited. It is led by directors Mohamed Umar Nayaz and Parveez Ahmed.

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 No.450/19 3rd Cross Wilson Garden, Bangalore, Karnataka, India – 560027.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.7 Lakh, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹2.47 Cr and EBITDA of -₹2.46 Cr. Revenue has declined at a compounded annual rate (CAGR) of 42% over three years.

The company has about 10 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Primecare Hospital.

For more details, the company can be reached via its website primecare.in.

Company details

CIN U85320KA2018PTC110475
Registration Number 110475
Incorporation Date 24 February 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024

Contact details

Primecare Enterprises Private Limited's registered office is in Bangalore, Karnataka. Its website is primecare.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No.450/19 3rd Cross Wilson Garden, Bangalore, Karnataka, India – 560027
  • Industry
    Healthcare, Hospitals

To see the full contact details of Primecare Enterprises Private Limited, buy the company report.

Comprehensive company report
Primecare Enterprises 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

Primecare Enterprises operates one associated brand: Primecare Hospital. Each brand links to its own profile.

BrandDescriptionWebsite
Provides primary care, specialists, diagnostics, and home visits in hospitals.primecarehospital.com

Business activity

The main business activity of Primecare Enterprises is hospital and medical care. In detail, this covers hospital activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
QHospital and Medical CareQ1Hospital activities

To see the full business activity and turnover split of Primecare Enterprises Private Limited, buy the company report.

Financials of Primecare Enterprises Private Limited

FY 2024 filings available

Primecare Enterprises Private Limited reported revenue of ₹3.7 Lakh (down 79% YoY) for FY 2024.

Revenue · FY 2024
₹3.7 Lakh ▼ 79%
Net loss · FY 2024
₹2.47 Cr
EBITDA · FY 2024
-₹2.46 Cr

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 79%
3 years · compounded
▼ 42%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 13%
5 years · compounded
▼ 55%

Revenue has declined at a compounded annual rate (CAGR) of 42% over three years, including a 79% fall in the latest year. EBITDA fell 2% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹2.46 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.47 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
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 Primecare Enterprises Private Limited, buy the company report.

Board of directors of Primecare Enterprises Private Limited

Primecare Enterprises has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Mohamed Umar NayazDirector24 Feb 20188 Years 8 MonthsCurrent
Parveez AhmedDirector24 Feb 20188 Years 8 MonthsCurrent

Auditor

Primecare Enterprises Private Limited is audited by NAGARAJ AND AJITH CHARTERED ACCOUNTANTS for the financial year 2023.

Auditor firmFinancial yearFirm registration number
NAGARAJ AND AJITH CHARTERED ACCOUNTANTSFY 2023214035

Shareholding

The shareholding of Primecare Enterprises 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Primecare Enterprises Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Primecare Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Primecare Enterprises Private Limited has a workforce of 10 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
10
Active EPFO establishments
1
Employee growth
-33.33%

GST

Primecare Enterprises has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAJCP6968L1ZEKarnatakaActive26 Oct 2018

To see the full GST registrations and return filing status of Primecare Enterprises Private Limited, buy the company report.

Recent activity

Primecare Enterprises Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Mohamed Umar Nayaz was appointed as Director on 24 Feb 2018.

AGM
Primecare Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Primecare Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Mohamed Umar Nayaz was appointed as Director.
Appointed
Parveez Ahmed was appointed as Director.
Incorporation
24 Feb 2018
Primecare Enterprises Private Limited was registered on 24 Feb 2018 with Roc Bangalore & aged 8 years 8 months as per MCA records.

Frequently asked questions

Primecare Enterprises is an active private limited company based in Bangalore, Karnataka, India. The company works in hospitals, within the healthcare industry. It was incorporated on 24 February 2018 (8+ years old) and is registered under CIN U85320KA2018PTC110475.

Primecare Enterprises has 2 current directors:

The latest financial statements of Primecare Enterprises 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 FY 2018 are in the company report.

The GSTIN of Primecare Enterprises is 29AAJCP6968L1ZE, registered in Karnataka.

The CIN (Corporate Identification Number) of Primecare Enterprises is U85320KA2018PTC110475. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Primecare Enterprises was incorporated on 24 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.

Mohamed Umar Nayaz was appointed as Director on 24 Feb 2018. Parveez Ahmed was appointed as Director on 24 Feb 2018.

Primecare Enterprises can be reached through the website primecare.in. Its registered office is in Bangalore, Karnataka, India.

The registered office of Primecare Enterprises is at No.45019 3rd Cross Wilson Garden, Bangalore, Karnataka, India – 560027.

Primecare Enterprises operates in the healthcare industry, in the hospitals segment.