Race Hospitals Private Limited
About Race Hospitals Private Limited
Data last updated:
Race Hospitals Private Limited was a private limited company based in Telangana, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the preventive healthcare segment of the healthcare sector. It was incorporated on 19 June 2002.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U85110TG2002PTC039155. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹97.99 Lakh.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 18 – 1 – 34 Panchavati Complexopp:To Kgh Opp:Gate Visakhapatnam, Telangana, India – 530002.
As per the financials filed for FY 2020, the company reported a revenue of ₹12.55 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹1.3 Lakh (net margin 10.3%) and EBITDA of ₹3.81 Lakh (EBITDA margin 30.4%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 18% over five years.
As per MCA filings, the company has satisfied charges of ₹2.9 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Company details
CIN history
Race Hospitals has one previous CIN (Corporate Identification Number): U85110AP2002PTC039155. The current CIN is U85110TG2002PTC039155, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110TG2002PTC039155 | Current |
| U85110AP2002PTC039155 | Previous |
Contact details
Race Hospitals Private Limited's registered office is in Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address18 – 1 – 34 Panchavati Complexopp:To Kgh Opp:Gate Visakhapatnam, Telangana, India – 530002
- IndustryHealthcare, Preventive Health Services
To see the full contact details of Race Hospitals 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 Race Hospitals is hospital and medical care. In detail, this covers hospital activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q1 | Hospital activities |
To see the full business activity and turnover split of Race Hospitals Private Limited, buy the company report.
Financials of Race Hospitals Private Limited
FY 2020 filings availableRace Hospitals Private Limited reported revenue of ₹12.55 Lakh (down 19% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 19% fall in the latest year. EBITDA rose 6% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹12.55 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.3 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.4% | ||||
| Net Profit Margin | 10.3% | ||||
| 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 Race Hospitals Private Limited, buy the company report.
Board of directors of Race Hospitals Private Limited
Race Hospitals has 20 former directors on record and no current directors listed.
Shareholding
The shareholding of Race Hospitals Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Race Hospitals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Dec 2013 | 10463855 | Andhra Pradesh State Financial Corporation | ₹1.6 Cr | Satisfied | |
| 01 Sep 2004 | 90113882 | Union Bank of India | ₹80 Lakh | Satisfied | |
| 06 Nov 2002 | 90262218 | Union Bank of India | ₹50 Lakh | Satisfied |
To see the full charge records of Race Hospitals Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Race Hospitals Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Visakapatnam, Andhra Pradesh | Civil suit | Filed against the company by individuals | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Ms Transasia Bio Medicals Pvt Ltd | Disposed |
To see the full case history of Race Hospitals 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 Race Hospitals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Race Hospitals has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Race Hospitals Private Limited, buy the company report.
Recent activity
Race Hospitals Private Limited has 20 board changes on record since 2009: 0 appointments and 20 cessations. The latest: Balaji Choudhury ceased to be Director on 07 Nov 2021.
19 earlier events are in the company report.
Frequently asked questions
Race Hospitals has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Race Hospitals was a private limited company based in Telangana, India. The company worked in preventive health services, within the healthcare industry. It was incorporated on 19 June 2002 and is registered under CIN U85110TG2002PTC039155. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Race Hospitals is U85110TG2002PTC039155. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Race Hospitals was incorporated on 19 June 2002. It is registered with the Registrar of Companies, Hyderabad.
The registered office of Race Hospitals is at 18 – 1 – 34 Panchavati Complexopp:To Kgh Opp:Gate Visakhapatnam, Telangana, India – 530002.
The latest financial statements of Race Hospitals on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Race Hospitals has 1 GST registration on record and it is cancelled or inactive.
Race Hospitals operated in the healthcare industry, in the preventive health services segment.
Race Hospitals has 2 court cases on record: 2 filed against it.
Balaji Choudhury ceased to be Director on 07 Nov 2021. Bijaya Laxmi Paridala ceased to be Director on 07 Nov 2021. Simanchal Choudhury ceased to be Director on 07 Nov 2021. Race Hospitals has 20 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
