Syncorp Health Private Limited

Syncorp Health Private Limited - pharma in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U73100KA2019PTC120119 Incorporated 08 January 2019 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company pharma DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹2.94 Cr
▼ 18% YoY
Net loss · FY 2024
₹3.35 Cr
Net margin -113.9%
EBITDA · FY 2024
-₹3.42 Cr
EBITDA margin -116.3%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1.3 Lakh
Issued & subscribed
Open charges
₹7.71 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
34
Provident fund records

About Syncorp Health Private Limited

Data last updated:

Syncorp Health Private Limited is a private limited company based in Bengaluru, Karnataka, India, recognised as a startup by DPIIT. It operates in the pharma contract r and d segment of the pharmaceuticals sector. It was incorporated on 08 January 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U73100KA2019PTC120119. Its GSTIN is 29ABBCS3851N1ZT (Karnataka).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.3 Lakh. It was formerly known as Syncorp Health Privated Limited. It is led by directors including Subham Dutta and Vedha Gowda.

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 Bengaluru, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.94 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹3.35 Cr (net margin -113.9%) and EBITDA of -₹3.42 Cr (EBITDA margin -116.3%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.

The company has about 34 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹7.71 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.

Syncorp Health Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0250227). For more details, the company can be reached via its website syncorphealth.com.

Company details

CIN U73100KA2019PTC120119
Registration Number 120119
Incorporation Date 08 January 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0250227

Recognitions & Rankings of Syncorp Health

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0250227

Contact details

Syncorp Health Private Limited's registered office is in Bengaluru, Karnataka. Its website is syncorphealth.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No.06 3rd Floor 2nd Main Road Opp British Biological Sarvobhogam Naga, R Arekere, Bengaluru, Karnataka, India – 560076
  • Industry
    Pharma, Pharma Contract R&D

To see the full contact details of Syncorp Health Private Limited, buy the company report.

Comprehensive company report
Syncorp Health 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 Syncorp Health is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

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

Financials of Syncorp Health Private Limited

FY 2024 filings available

Syncorp Health Private Limited reported revenue of ₹2.94 Cr (down 18% YoY) for FY 2024.

Revenue · FY 2024
₹2.94 Cr ▼ 18%
Net loss · FY 2024
₹3.35 Cr margin -113.9%
EBITDA · FY 2024
-₹3.42 Cr margin -116.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▼ 147%

Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 18% fall in the latest year. EBITDA rose 8% 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-₹3.42 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.35 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-116.3%
Net Profit Margin-113.9%
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 Syncorp Health Private Limited, buy the company report.

Board of directors of Syncorp Health Private Limited

Syncorp Health has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Auditor

Syncorp Health Private Limited is audited by Venkata Krishna & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Venkata Krishna & AssociatesFY 2023015004S

Shareholding

The shareholding of Syncorp Health Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Syncorp Health Private Limited, buy the company report.

Charges & borrowings

Open charges
₹7.71 Lakh
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹0.08 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 May 2022100873569Hdfc Bank Limited₹7.71 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

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

Employees & EPFO

Syncorp Health Private Limited has a workforce of 34 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.

Employee count
34
Active EPFO establishments
1
Employee growth
13.33%

GST

Syncorp Health has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29ABBCS3851N1ZTKarnatakaActive13 Jan 2020

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

Recent activity

Syncorp Health Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Arvind Shankara Rao Atignal ceased to be Director on 07 Dec 2023.

AGM
Syncorp Health Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Syncorp Health Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Arvind Shankara Rao Atignal ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.71 Lakh with Charge ID 100873569 was registered on 30 May 2022.
Appointed
Deepak Hanume Gowda was appointed as Director.
Appointed
Subham Dutta was appointed as Director.
Appointed
Vedha Gowda was appointed as Director.
Incorporation
08 Jan 2019
Syncorp Health Private Limited was registered on 08 Jan 2019 with Roc Bangalore & aged 7 years 9 months as per MCA records.

Frequently asked questions

Syncorp Health is an active private limited company based in Bengaluru, Karnataka, India. The company works in pharma contract r and d, within the pharma industry. It was incorporated on 08 January 2019 (7+ years old) and is registered under CIN U73100KA2019PTC120119.

Syncorp Health has 3 current directors:

The latest financial statements of Syncorp Health 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 2019 are in the company report.

The GSTIN of Syncorp Health is 29ABBCS3851N1ZT, registered in Karnataka.

The CIN (Corporate Identification Number) of Syncorp Health is U73100KA2019PTC120119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Syncorp Health has 3 court cases on record: 3 filed against it. 1 is pending. Most are in the district courts.

Syncorp Health was incorporated on 08 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

Arvind Shankara Rao Atignal ceased to be Director on 07 Dec 2023. Deepak Hanume Gowda was appointed as Director on 01 Apr 2021. Subham Dutta was appointed as Director on 08 Jan 2019. Syncorp Health has 4 board changes on record in total.

Yes, Syncorp Health is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Syncorp Health is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0250227).