MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-KR-03-0132165
Vittal's Medicare Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹38.57 Cr
▼ 42% YoY
Net profit · FY 2023
₹3.23 Cr
Net margin 8.4%
EBITDA · FY 2023
₹8.42 Cr
EBITDA margin 21.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹13.2 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
58
Provident fund records
About Vittal's Medicare Private Limited
Data last updated:
Vittal's Medicare Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the preventive healthcare segment of the healthcare sector. It was incorporated on 20 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85100KA2011PTC059655. Its GSTIN is 29AADCV7302A1ZN (Karnataka). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Kabir Das Rajamanickam and Kanchana Raju.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at #325 1st Floor C.M.H Road Indiranagar, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2023, the company reported a revenue of ₹38.57 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹3.23 Cr (net margin 8.4%) and EBITDA of ₹8.42 Cr (EBITDA margin 21.8%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 35% over five years.
The company has about 58 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Vittals Medicare. As per MCA filings, the company has open charges of ₹13.2 Cr on record. Court records list 18 cases involving the company, including 4 filed by the company and 14 filed against it; 7 cases are pending.
Vittal's Medicare Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0132165). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vittalsdiagnostics.com.
Company details
CIN U85100KA2011PTC059655
Registration Number 059655
Incorporation Date 20 July 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0132165
Recognitions & Rankings of Vittal's Medicare
Contact details
Vittal's Medicare Private Limited's registered office is in Bangalore, Karnataka. Its website is vittalsdiagnostics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#325 1st Floor C.M.H Road Indiranagar, Bangalore, Karnataka, India – 560038
- IndustryHealthcare, Preventive Health Services
To see the full contact details of Vittal's Medicare Private Limited, buy the company report.
Comprehensive company report
Vittal's 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Vittal's Medicare operates one associated brand: Vittals Medicare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified healthcare management company with a focus on delivering advanced healthcare technology and services | vittalsmedicare.com |
Business activity
The main business activity of Vittal's Medicare 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 Vittal's Medicare Private Limited, buy the company report.
Financials of Vittal's Medicare Private Limited
FY 2023 filings availableVittal's Medicare Private Limited reported revenue of ₹38.57 Cr (down 42% YoY) for FY 2023.
Revenue · FY 2023
₹38.57 Cr ▼ 42%
Net profit · FY 2023
₹3.23 Cr margin 8.4%
EBITDA · FY 2023
₹8.42 Cr margin 21.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 42%
3 years · compounded
▲ 38%
5 years · compounded
▲ 35%
EBITDA CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 56%
5 years · compounded
▲ 39%
Revenue fell 42% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA fell 20% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹38.57 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.23 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.8% | ||||
| Net Profit Margin | 8.4% | ||||
| 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 Vittal's Medicare Private Limited, buy the company report.
Board of directors of Vittal's Medicare Private Limited
Vittal's Medicare has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kabir Das Rajamanickam | Director | 20 Jul 2011 | 15 Years 3 Months | Current |
| Kanchana Raju | Director | 14 Dec 2015 | 10 Years 10 Months | Current |
Auditor
Vittal's Medicare Private Limited is audited by L A N S & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L A N S & Co | FY 2023 | 014243S |
Shareholding
The shareholding of Vittal's Medicare 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 Vittal's Medicare Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Feb 2016 | 10621371 | Others | ₹13.2 Cr | Open |
To see the full charge records of Vittal's Medicare Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Vittal's Medicare Private Limited has 18 court cases on record: 4 filed by Vittal's Medicare, 14 filed against it. 7 cases are pending and 11 are disposed.
Total cases
18
Filed by the company
4
Filed against the company
14
Pending
7
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 12 | 5 |
| High courts | 5 | 2 | 2 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Chamber Summons) | Filed against the company by Suburban Diagnostics India Private Limited | Pending |
| High Court | Arbitration matter | Filed against the company by Transasia Bio-Medicals Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by M/S Neogrowth Credit Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Pharma Sales | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Sir M. Visvesvaraya Co-Op. Bank Ltd. | Pending |
To see the full case history of Vittal's 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
No delayed payments to MSME suppliers are on our record for Vittal's Medicare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vittal's Medicare Private Limited has a workforce of 58 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
58
Active EPFO establishments
1
Employee growth
-3.33%
GST
Vittal's Medicare has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCV7302A1ZN | Karnataka | Active | 02 Sep 2017 |
| 29AADCV7302A2ZM | Karnataka | Active | 23 Nov 2021 |
| 29AADCV7302A3ZL | Karnataka | Active | 02 Dec 2021 |
| 27AADCV7302A1ZR | Maharashtra | Active | 12 Jun 2018 |
To see the full GST registrations and return filing status of Vittal's Medicare Private Limited, buy the company report.
Recent activity
Vittal's Medicare Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Ashok Parasram Jangid ceased to be Director on 31 Mar 2024.
Ceased
Ashok Parasram Jangid ceased to be Director.
AGM
Vittal'S Medicare Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Vittal'S Medicare Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Others of Rs. 1,319.85 Lakh registered on 03 Feb 2016 with Charge ID 10621371 was modified on 23 Mar 2020.
Charges
A charge with Others amounted to Rs. 1,319.85 Lakh with Charge ID 10621371 was registered on 03 Feb 2016.
Ceased
Arun Rajamanickam ceased to be Director.
Appointed
Kanchana Raju was appointed as Director.
Ceased
Kanchana Raju ceased to be Additional Director.
Appointed
Kabir Das Rajamanickam was appointed as Director.
Incorporation
20 Jul 2011
Vittal'S Medicare Private Limited was registered on 20 Jul 2011 with Roc Bangalore & aged 15 years 3 months as per MCA records.
Frequently asked questions
Vittal's Medicare is an active private limited company based in Bangalore, Karnataka, India. The company works in preventive health services, within the healthcare industry. It was incorporated on 20 July 2011 (15+ years old) and is registered under CIN U85100KA2011PTC059655.
Vittal's Medicare has 2 current directors:
- Kabir Das Rajamanickam - Director
- Kanchana Raju - Director
The latest financial statements of Vittal's Medicare on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Vittal's Medicare is 29AADCV7302A1ZN, registered in Karnataka. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 29AADCV7302A2ZM (Karnataka), 29AADCV7302A3ZL (Karnataka), 27AADCV7302A1ZR (Maharashtra).
The CIN (Corporate Identification Number) of Vittal's Medicare is U85100KA2011PTC059655. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vittal's Medicare has 18 court cases on record: 4 filed by the company and 14 filed against it. 7 are pending. Most are in the district courts.
Vittal's Medicare was incorporated on 20 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Ashok Parasram Jangid ceased to be Director on 31 Mar 2024. Arun Rajamanickam ceased to be Director on 14 Dec 2015. Kanchana Raju was appointed as Director on 14 Dec 2015. Vittal's Medicare has 5 board changes on record in total.
Yes, Vittal's Medicare is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0132165).
Vittal's Medicare can be reached through the website vittalsdiagnostics.com. Its registered office is in Bangalore, Karnataka, India.