MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0005478
Qubix Medicare Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.98 Cr
▲ 55% YoY
Net loss · FY 2025
₹2.97 Cr
Net margin -16.5%
EBITDA · FY 2025
-₹1.82 Cr
EBITDA margin -10.1%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹7.29 Cr
Issued & subscribed
Open charges
₹10 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
117
Provident fund records
About Qubix Medicare Private Limited
Data last updated:
Qubix 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 04 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33119KA2019PTC128478. Its GSTIN is 29AADCF8716A1ZR (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.29 Cr. It was formerly known as Fedex Healthcare Private Limited and Eyefor Healthcare Private Limited. It is led by directors including Malaisamy Muthukumar (Whole-Time Director) and Arulpragasam Kuppusamy (Whole-Time Director).
Its last annual general meeting (AGM) was held on 17 August 2026, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.98 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net loss of ₹2.97 Cr (net margin -16.5%) and EBITDA of -₹1.82 Cr (EBITDA margin -10.1%). Revenue has grown at a compounded annual rate (CAGR) of 122% over three years.
The company has about 117 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹20 Cr; the latest was in August 2021. Its 4 peer companies in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 1 larger and 3 smaller; the largest is Mysore Wifiltronics Private Limited with revenue of ₹17.99 Cr. The company has 5 MSME Form 1 returns on record between 2022 and 2024, listing 47 overdue payments to 13 micro and small suppliers.
Qubix Medicare Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0005478). For more details, the company can be reached via its website qubixmedicare.com.
Company details
CIN U33119KA2019PTC128478
Registration Number 128478
Incorporation Date 04 October 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 August 2026
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-KR-02-0005478
Name history
Qubix Medicare has undergone 2 name changes throughout its history. The company was previously known as Fedex Healthcare Private Limited, and Eyefor Healthcare Private Limited. The current legal name is Qubix Medicare Private Limited.
| Company Name | Status |
|---|---|
| Qubix Medicare Private Limited | Current |
| Fedex Healthcare Private Limited | Previous |
| Eyefor Healthcare Private Limited | Previous |
Key People
Malaisamy Muthukumar Whole-Time Director Arulpragasam Kuppusamy Whole-Time Director Latteri Gopalan Chandrasekhar Director Recognitions & Rankings of Qubix Medicare
Contact details
Qubix Medicare Private Limited's registered office is in Bangalore, Karnataka. Its website is qubixmedicare.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address536 & 537 7th Main, 4th Phase 2nd Stage Peenya, Bangalore, Karnataka, India – 560058
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Qubix Medicare Private Limited, buy the company report.
Comprehensive company report
Qubix 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
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Business activity
The main business activity of Qubix Medicare is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Qubix Medicare Private Limited, buy the company report.
Financials of Qubix Medicare Private Limited
FY 2025 filings availableQubix Medicare Private Limited reported revenue of ₹17.98 Cr (up 55% YoY) for FY 2025.
Revenue · FY 2025
₹17.98 Cr ▲ 55%
Net loss · FY 2025
₹2.97 Cr margin -16.5%
EBITDA · FY 2025
-₹1.82 Cr margin -10.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 122%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 33%
5 years · compounded
▼ 98%
Revenue has grown at a compounded annual rate (CAGR) of 122% over three years, including 55% growth in the latest year. EBITDA rose 35% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹17.98 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.97 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.1% | ||||
| Net Profit Margin | -16.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Qubix Medicare Private Limited, buy the company report.
Board of directors of Qubix Medicare Private Limited
Qubix Medicare has 7 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Latteri Gopalan Chandrasekhar Also directs: Kh17 Realty LLP, Pratham Bounce EV LLP, Medequip Healthcare Solutions Private Limited and 3 more | Director | 01 Jan 2022 | 4 Years 9 Months | Current |
| Girish Kaushik Shivaram Also directs: J A A & Co LLP | Director | 09 Aug 2021 | 5 Years 2 Months | Current |
| Malaisamy Muthukumar | Whole-Time Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Venkatraman Pattabhiramanraman | Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Mukesh Agrawal Also directs: Maheshwari Logistics Limited | Additional Director | 10 Jan 2026 | 0 Years 9 Months | Current |
| Arulpragasam Kuppusamy | Whole-Time Director | 01 Apr 2022 | 4 Years 6 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Qubix Medicare Private Limited is compared with the 4 companies closest to it by revenue in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mysore Wifiltronics Private Limited | ₹17.99 Cr (FY 2025) | -6.0% | Karnataka, India | |||
| Qubix Medicare Private Limitedthis company | ₹17.98 Cr (FY 2025) | -₹2.97 Cr | -16.5% | 55.0% | 117 | Bangalore, Karnataka, India |
| Bestodent India Private Limited | ₹17.84 Cr (FY 2024) | -13.0% | New Delhi, Delhi, India | |||
| Kaulmed Private Limited | ₹17.77 Cr (FY 2023) | 241.0% | Delhi, India | |||
| Safeendo Dental India Private Limited | ₹17.71 Cr (FY 2025) | 32.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Qubix Medicare Private Limited, buy the company report.
Auditor
Qubix Medicare Private Limited is audited by Sundararajan and Harish for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sundararajan and Harish | FY 2024 | 004218S |
Shareholding
The shareholding of Qubix Medicare Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Qubix Medicare Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2026 | 101233397 | Others | ₹10 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Qubix Medicare Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹20 Cr; the latest was in August 2021.
Total deals
2
Funding rounds
2
Disclosed funding
₹20 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Funding round | ₹15 Cr | Investors: Gopalan Family Enterprises |
| Aug 2020 | Funding round | ₹5 Cr | Investors: Gopalan Family Enterprises |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Qubix Medicare Private Limited has 2 court cases on record: 2 filed by Qubix Medicare. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Qubix 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
Qubix Medicare Private Limited has 5 MSME Form 1 returns on record between 2022 and 2024, listing 47 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Avm Packaging | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Orion Sutures (India) Private Limited |
To see the full MSME payment records of Qubix Medicare Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Qubix Medicare Private Limited has a workforce of 117 employees on its EPFO records as of Oct 28, 2024, across 1 active EPFO establishment.
Employee count
117
Active EPFO establishments
1
Employee growth
8.33%
GST
Qubix Medicare has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF8716A1ZR | Karnataka | Active | 18 Oct 2019 |
To see the full GST registrations and return filing status of Qubix Medicare Private Limited, buy the company report.
Recent activity
Qubix Medicare Private Limited has 9 board changes on record since 2021: 7 appointments and 2 cessations. The latest: Arunachalam Srinivasan was appointed as Director on 10 Jan 2026.
AGM
Qubix Medicare Private Limited last Annual general meeting of members was held on 17 Aug 2026 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101233397 was registered on 23 Jan 2026.
Appointed
Arunachalam Srinivasan was appointed as Director.
Appointed
Mukesh Agrawal was appointed as Additional Director.
Filing
Qubix Medicare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Arulpragasam Kuppusamy was appointed as Whole-Time Director.
Appointed
Latteri Gopalan Chandrasekhar was appointed as Director.
Ceased
Rajesh Thodi Pallinal ceased to be Whole-Time Director.
Appointed
Girish Kaushik Shivaram was appointed as Director.
Appointed
Malaisamy Muthukumar was appointed as Whole-Time Director.
Ceased
Ramesh Nagondanahalli Sreekantaiah ceased to be Director.
Appointed
Venkatraman Pattabhiramanraman was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Qubix 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 04 October 2019 (7+ years old) and is registered under CIN U33119KA2019PTC128478.
Qubix Medicare has 7 current directors:
- Malaisamy Muthukumar - Whole-Time Director
- Arulpragasam Kuppusamy - Whole-Time Director
- Latteri Gopalan Chandrasekhar - Director
- Girish Kaushik Shivaram - Director
- Venkatraman Pattabhiramanraman - Director
- Mukesh Agrawal - Additional Director
- Arunachalam Srinivasan - Director
The latest financial statements of Qubix Medicare on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 August 2026. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Qubix Medicare is 29AADCF8716A1ZR, registered in Karnataka. 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 Qubix Medicare is U33119KA2019PTC128478. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qubix Medicare has 2 court cases on record: 2 filed by the company. 1 is pending.
Qubix Medicare was incorporated on 04 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Qubix Medicare has 2 deals on record (2 funding rounds), with disclosed funding of ₹20 Cr; the latest was in August 2021.
The peers of Qubix Medicare by revenue are Mysore Wifiltronics Private Limited, Bestodent India Private Limited, Kaulmed Private Limited, Safeendo Dental India Private Limited, all in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Arunachalam Srinivasan was appointed as Director on 10 Jan 2026. Mukesh Agrawal was appointed as Additional Director on 10 Jan 2026. Arulpragasam Kuppusamy was appointed as Whole-Time Director on 01 Apr 2022. Qubix Medicare has 9 board changes on record in total.
Yes, Qubix Medicare is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0005478).
Qubix Medicare has 5 MSME Form 1 returns on record between 2022 and 2024, listing 47 overdue payments to 13 micro and small suppliers. The latest return was filed on 22 Apr 2024.
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