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Suits Care India Private Limited - healthcare in Guntur, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.44 Cr
▼ 38% YoY
Net profit · FY 2024
₹25.32 Lakh
Net margin 17.5%
EBITDA · FY 2024
₹48.77 Lakh
EBITDA margin 33.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Open charges
₹7 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
About Suits Care India Private Limited
Data last updated:
Suits Care India Private Limited is a private limited company based in Guntur, Andhra Pradesh, India, recognised as a startup by DPIIT. It operates in the preventive healthcare segment of the healthcare sector. It was incorporated on 25 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U85100AP2017PTC106738. Its GSTIN is 37AAZCS2681M1ZA (Andhra Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Narendra Reddy and Soma Sekhar Reddy Kankara.
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 Door No. 4 – 4 – 72/B1 Ramannapet Revenue Ward – 8 Guntur, Andhra Pradesh, India – 522006.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.44 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹25.32 Lakh (net margin 17.5%) and EBITDA of ₹48.77 Lakh (EBITDA margin 33.8%). Revenue has grown at a compounded annual rate (CAGR) of 67% over three years and 161% over five years.
As per MCA filings, the company has open charges of ₹7 Lakh on record.
Suits Care India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-04-0023283). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suits.life.
Company details
CIN U85100AP2017PTC106738
Registration Number 106738
Incorporation Date 25 September 2017
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-AP-04-0023283
Key People
Narendra Reddy Director Subbarami Reddy Thupakula Additional Director Soma Sekhar Reddy Kankara Director Recognitions & Rankings of Suits Care India
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-AP-04-0023283
Contact details
Suits Care India Private Limited's registered office is in Guntur, Andhra Pradesh. Its website is suits.life. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDoor No. 4 – 4 – 72/B1 Ramannapet Revenue Ward – 8 Guntur, Andhra Pradesh, India – 522006
- IndustryHealthcare, Preventive Health Services
To see the full contact details of Suits Care India Private Limited, buy the company report.
Comprehensive company report
Suits Care India 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 Suits Care India 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 Suits Care India Private Limited, buy the company report.
Financials of Suits Care India Private Limited
FY 2024 filings availableSuits Care India Private Limited reported revenue of ₹1.44 Cr (down 38% YoY) for FY 2024.
Revenue · FY 2024
₹1.44 Cr ▼ 38%
Net profit · FY 2024
₹25.32 Lakh margin 17.5%
EBITDA · FY 2024
₹48.77 Lakh margin 33.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 38%
3 years · compounded
▲ 67%
5 years · compounded
▲ 161%
EBITDA CAGR growth
1 year
▼ 46%
3 years · compounded
▲ 73%
5 years · compounded
▲ 23%
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 161%. EBITDA fell 46% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹48.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.32 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.8% | ||||
| Net Profit Margin | 17.5% | ||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Suits Care India Private Limited, buy the company report.
Board of directors of Suits Care India Private Limited
Suits Care India has 3 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 |
|---|---|---|---|---|
| Narendra Reddy Also directs: Stay Comfort Private Limited | Director | 25 Sep 2017 | 9 Years 1 Months | Current |
| Subbarami Reddy Thupakula Also directs: Nakshatra Health Care Private Limited | Additional Director | 10 Oct 2024 | 2 Years 0 Months | Current |
| Soma Sekhar Reddy Kankara | Director | 25 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Suits Care India Private Limited is compared with the 4 companies closest to it by revenue in the Healthcare industry (Preventive Healthcare Services), with the same principal business activity (hospital activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| G. L. K. Enterprises Private Limited | ₹1.45 Cr (FY 2025) | 3.0% | Shahjahanpur, Uttar Pradesh, India | |||
| Shree Tirupathi Health Care Private Limited | ₹1.44 Cr (FY 2025) | -18.0% | Pune, Maharashtra, India | |||
| Suits Care India Private Limitedthis company | ₹1.44 Cr (FY 2024) | ₹25.32 Lakh | 17.5% | -38.0% | Guntur, Andhra Pradesh, India | |
| Virtualtech Health Clinics Private Limited | ₹1.44 Cr (FY 2025) | -61.0% | Bengaluru, Karnataka, India | |||
| B N V Hospital Private Limited | ₹1.43 Cr (FY 2025) | 32.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Suits Care India Private Limited, buy the company report.
Auditor
Suits Care India Private Limited is audited by M M Reddy & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M Reddy & Co | FY 2023 | 010371S |
Shareholding
The shareholding of Suits Care India 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 Suits Care India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2023 | 100853131 | Others | ₹7 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Suits Care India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Suits Care India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Suits Care India Private Limited has 1 active EPFO establishment as of Mar 23, 2024.
Active EPFO establishments
1
GST
Suits Care India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAZCS2681M1ZA | Andhra Pradesh | Active | 13 Jul 2018 |
To see the full GST registrations and return filing status of Suits Care India Private Limited, buy the company report.
Recent activity
Suits Care India Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Subbarami Reddy Thupakula was appointed as Additional Director on 10 Oct 2024.
Appointed
Subbarami Reddy Thupakula was appointed as Additional Director.
AGM
Suits Care India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Suits Care India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Charges
A charge with Others amounted to Rs. 7.00 Lakh with Charge ID 100853131 was registered on 28 Dec 2023.
Ceased
Mohankumar Thota ceased to be Director.
Appointed
Narendra Reddy was appointed as Director.
Appointed
Soma Sekhar Reddy Kankara was appointed as Director.
Incorporation
25 Sep 2017
Suits Care India Private Limited was registered on 25 Sep 2017 with Roc Vijayawada & aged 9 years 1 month as per MCA records.
Frequently asked questions
Suits Care India is an active private limited company based in Guntur, Andhra Pradesh, India. The company works in preventive health services, within the healthcare industry. It was incorporated on 25 September 2017 (9+ years old) and is registered under CIN U85100AP2017PTC106738.
Suits Care India has 3 current directors:
- Narendra Reddy - Director
- Subbarami Reddy Thupakula - Additional Director
- Soma Sekhar Reddy Kankara - Director
The latest financial statements of Suits Care India 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 Suits Care India is 37AAZCS2681M1ZA, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Suits Care India is U85100AP2017PTC106738. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suits Care India was incorporated on 25 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Suits Care India by revenue are G. L. K. Enterprises Private Limited, Shree Tirupathi Health Care Private Limited, Virtualtech Health Clinics Private Limited, B N V Hospital Private Limited, all in the Healthcare industry (Preventive Healthcare Services), with the same principal business activity (hospital activities).
Subbarami Reddy Thupakula was appointed as Additional Director on 10 Oct 2024. Mohankumar Thota ceased to be Director on 10 Aug 2022. Narendra Reddy was appointed as Director on 25 Sep 2017. Suits Care India has 4 board changes on record in total.
Yes, Suits Care India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Suits Care India is registered as a micro enterprise under Udyam registration (number: UDYAM-AP-04-0023283).
Suits Care India can be reached through the website suits.life. Its registered office is in Guntur, Andhra Pradesh, India.