Vasavi Prosoft Transcription Private Limited
About Vasavi Prosoft Transcription Private Limited
Data last updated:
Vasavi Prosoft Transcription Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the medical transcription segment of the business process outsourcing sector. It was incorporated on 18 March 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2002PTC038660.
The company has an authorised share capital of ₹1.4 Cr and a paid-up capital of ₹94.43 Lakh. It was formerly known as Vasavi Prosoft Transcription Limited. It is led by directors Venkateswara Rao Pydah (Managing Director) and Vankayala Ashok.
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 Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹50,567, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹90,566 (net margin -179.1%) and EBITDA of -₹33,533 (EBITDA margin -66.3%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 68% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.43 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Vasavi Prosoft Transcription has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72900TG2002PTC038660, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TG2002PTC038660 | Current |
| U72900AP2002PLC038660 | Previous |
| U72900TG2002PLC038660 | Previous |
Contact details
Vasavi Prosoft Transcription Private Limited's registered office is in Hyderabad, Telangana.
- Registered AddressFlat No.102/Door No.7 – 1 – 414/23/1 1st Floor Plot – 34 East Srinivasa Colony Sanjeeva Reddy Na, Gar P.O, Hyderabad, Telangana, India – 500038
- IndustryBusiness Outsourcing, Medical Transcription
- 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
Financials of Vasavi Prosoft Transcription Private Limited
FY 2024 filings availableVasavi Prosoft Transcription Private Limited reported revenue of ₹50,567 (down 78% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years, including a 78% fall in the latest year. EBITDA rose 93% 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 | -₹33,533 | ||||
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| Net Profit (PAT) | -₹90,566 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -66.3% | ||||
| Net Profit Margin | -179.1% | ||||
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To see the full financial statements and ratios of Vasavi Prosoft Transcription Private Limited, buy the company report.
Board of directors of Vasavi Prosoft Transcription Private Limited
Vasavi Prosoft Transcription has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkateswara Rao Pydah | Managing Director | 01 Apr 2002 | 24 Years 7 Months | Current |
| Vankayala Ashok | Director | 30 Sep 2002 | 24 Years 1 Months | Current |
Peer comparison
Vasavi Prosoft Transcription Private Limited is compared with the 10 companies closest to it by revenue in the Outsourcing industry (Medical Transcription), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Viola Scribe Medical Transcription Private Limited | ₹1.03 Lakh (FY 2018) | 4.0% | Baripada, Odisha, India | |||
| Digital Transformation Consulting Private Limited | ₹92,762 (FY 2025) | -97.0% | Delhi, India | |||
| Itrans Learning Solutions Private Limited | ₹75,690 (FY 2024) | 1.0% | Thiruvananthapuram, Kerala, India | |||
| Atom Healthcare India Private Limited | ₹71,527 (FY 2019) | Udaipur, Rajasthan, India | ||||
| Mediscrivener Private Limited | ₹56,307 (FY 2025) | -97.0% | Agartala, Tripura, India | |||
| Vasavi Prosoft Transcription Private Limitedthis company | ₹50,567 (FY 2024) | -₹90,566 | -179.1% | -78.0% | Hyderabad, Telangana, India | |
| Medisysinfo Medical Information Technology Private Limited | ₹48,700 (FY 2024) | 15.0% | Hyderabad, Telangana, India | |||
| Ikigai Techxecellence Private Limited | ₹32,495 (FY 2024) | Vashi, Maharashtra, India | ||||
| Biostec Data Safety Services Private Limited | ₹24,879 (FY 2025) | -100.0% | Bengaluru, Karnataka, India | |||
| Healthtek India Private Limited | ₹19,000 (FY 2025) | -100.0% | Kolkata, West Bengal, India | |||
| Abages Learning Solutions Private Limited | ₹18,176 (FY 2024) | Ernakulam, Kerala, India |
To see the full peer comparison of Vasavi Prosoft Transcription Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jul 2006 | 10015925 | Indian Overseas Bank | ₹39 Lakh | Open | |
| 08 Feb 2003 | 90130230 | Indian Overseas Bank | ₹15 Lakh | Open | |
| 27 Sep 2002 | 90134591 | The Lakshmi Vilas Bank Ltd | ₹5.7 Lakh | Open | |
| 19 Jun 2001 | 90134466 | The Lakshmi Vilas Bank Ltd | ₹4.8 Lakh | Open | |
| 09 Oct 2000 | 90134394 | The Lakshmi Vilas Bank Ltd | ₹1.8 Lakh | Open |
To see the full charge records of Vasavi Prosoft Transcription Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Vasavi Prosoft Transcription Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Appeal | Filed against the company by Esi Corporation, Rep by Its R.M., Hyderabad & Anr and 1 other | Disposed |
To see the full case history of Vasavi Prosoft Transcription 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 Vasavi Prosoft Transcription Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Vasavi Prosoft Transcription Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vasavi Prosoft Transcription Private Limited has 9 board changes on record since 2002: 2 appointments and 7 cessations. The latest: Suryanarayana Gooty Tumbalam ceased to be Director on 15 Oct 2020.
11 earlier events are in the company report.
Frequently asked questions
Vasavi Prosoft Transcription is an active private limited company based in Hyderabad, Telangana, India. The company works in medical transcription, within the business outsourcing industry. It was incorporated on 18 March 2002 (24+ years old) and is registered under CIN U72900TG2002PTC038660.
Vasavi Prosoft Transcription has 2 current directors:
- Venkateswara Rao Pydah - Managing Director
- Vankayala Ashok - Director
The latest financial statements of Vasavi Prosoft Transcription 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Vasavi Prosoft Transcription is U72900TG2002PTC038660. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasavi Prosoft Transcription has 1 court case on record: 1 filed against it.
Vasavi Prosoft Transcription was incorporated on 18 March 2002, making it 24+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Vasavi Prosoft Transcription by revenue are Viola Scribe Medical Transcription Private Limited, Digital Transformation Consulting Private Limited, Itrans Learning Solutions Private Limited, Atom Healthcare India Private Limited, Mediscrivener Private Limited and 5 more, all in the Outsourcing industry (Medical Transcription).
Suryanarayana Gooty Tumbalam ceased to be Director on 15 Oct 2020. Venkata Hanumantha Rao Thondepu ceased to be Director on 08 Oct 2020. Dineshkumar Boorugu ceased to be Director on 05 Oct 2020. Vasavi Prosoft Transcription has 9 board changes on record in total.
The registered office of Vasavi Prosoft Transcription is at Flat No.102Door No.7 – 1 – 414231 1st Floor Plot – 34 East Srinivasa Colony Sanjeeva Reddy Na, Gar P.O, Hyderabad, Telangana, India – 500038.
Vasavi Prosoft Transcription operates in the business outsourcing industry, in the medical transcription segment.
Vasavi Prosoft Transcription has open charges of ₹1.43 Cr and no satisfied charges on record as per latest MCA filings.
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