MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0000672
Vritika Hospitals Private Limited
Vritika Hospitals Private Limited - healthcare in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹10.54 Cr
▲ 33% YoY
Net loss · FY 2022
₹2.37 Cr
Net margin -22.5%
EBITDA · FY 2022
₹22.93 Lakh
EBITDA margin 2.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹3.91 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
120
Provident fund records
About Vritika Hospitals Private Limited
Data last updated:
Vritika Hospitals Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Vikat Hospitals Private Limited. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 31 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC101867. Its GSTIN is 29AAFCV8539F1ZU (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Ashay Madhu Gurudevarahally and Govardhan Krishnareddy.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at GF A – 001 A Block Doddanekkundi Main Road Svs Palms (Left Wing) Doddanekkundi, Bengaluru, Karnataka, India – 560037.
As per the financials filed for FY 2022, the company reported a revenue of ₹10.54 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net loss of ₹2.37 Cr (net margin -22.5%) and EBITDA of ₹22.93 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 105% over three years.
The company has about 120 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.91 Cr on record.
Vritika Hospitals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0000672). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999KA2017PTC101867
Registration Number 101867
Incorporation Date 31 March 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Parent Company Vikat Hospitals Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-02-0000672
Key People
Ashay Madhu Gurudevarahally Director Govardhan Krishnareddy Director Raghunanda Narasimhaiah Director Recognitions & Rankings of Vritika Hospitals
Contact details
Vritika Hospitals Private Limited's registered office is in Bengaluru, Karnataka. Its telephone number is in the company report.
- Telephone
- Registered AddressGF A – 001 A Block Doddanekkundi Main Road Svs Palms (Left Wing) Doddanekkundi, Bengaluru, Karnataka, India – 560037
- IndustryHealthcare, Hospitals
To see the full contact details of Vritika Hospitals Private Limited, buy the company report.
Comprehensive company report
Vritika Hospitals 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 Vritika 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 Vritika Hospitals Private Limited, buy the company report.
Financials of Vritika Hospitals Private Limited
FY 2022 filings availableVritika Hospitals Private Limited reported revenue of ₹10.54 Cr (up 33% YoY) for FY 2022.
Revenue · FY 2022
₹10.54 Cr ▲ 33%
Net loss · FY 2022
₹2.37 Cr margin -22.5%
EBITDA · FY 2022
₹22.93 Lakh margin 2.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 105%
EBITDA CAGR growth
1 year
▼ 69%
3 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 105% over three years, including 33% growth in the latest year. EBITDA fell 69% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹10.54 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.37 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | -22.5% | ||||
| 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 Vritika Hospitals Private Limited, buy the company report.
Board of directors of Vritika Hospitals Private Limited
Vritika Hospitals has 6 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashay Madhu Gurudevarahally | Director | 26 Apr 2017 | 9 Years 6 Months | Current |
| Govardhan Krishnareddy | Director | 09 Oct 2017 | 9 Years 1 Months | Current |
| Raghunanda Narasimhaiah | Director | 31 Mar 2017 | 9 Years 7 Months | Current |
| Binnamangala Gangappa Shashidhar | Director | 25 Oct 2017 | 9 Years 0 Months | Current |
| Ranjeeth Bhagya Srinivasa Reddy | Director | 25 Oct 2017 | 9 Years 0 Months | Current |
| Vijayakumar Annaiahreddy | Director | 31 Mar 2017 | 9 Years 7 Months | Current |
Peer comparison
Vritika Hospitals Private Limited is compared with the 6 companies closest to it by revenue in the Healthcare industry (Multi Specialty Hospitals), 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 |
|---|---|---|---|---|---|---|
| Sai Snehdeep Medical Private Limited | ₹10.69 Cr (FY 2024) | 0.0% | Navi Mumbai, Maharashtra, India | |||
| The Rising Medicare Private Limited | ₹10.6 Cr (FY 2024) | 15.0% | Pune, Maharashtra, India | |||
| Hycare Medi Services Private Limited | ₹10.59 Cr (FY 2025) | 61.0% | Chennai, Tamil Nadu, India | |||
| Aurowell Health Systems Private Limited | ₹10.58 Cr (FY 2024) | 52.0% | Madurai, Tamil Nadu, India | |||
| Vritika Hospitals Private Limitedthis company | ₹10.54 Cr (FY 2022) | -₹2.37 Cr | -22.5% | 33.0% | 120 | Bengaluru, Karnataka, India |
| New Lakhanpur Hospital & Trauma Center Private Limited | ₹10.53 Cr (FY 2025) | 28.0% | Kanpur, Uttar Pradesh, India | |||
| Vivansh Health Care Private Limited | ₹10.53 Cr (FY 2024) | 0.0% | Vodadara, Gujarat, India |
To see the full peer comparison of Vritika Hospitals Private Limited, buy the company report.
Auditor
Vritika Hospitals Private Limited is audited by M BHASKAR & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M BHASKAR & CO | FY 2022 | 012944S |
Shareholding
The shareholding of Vritika Hospitals Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2018 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vritika Hospitals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.91 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2020 | 100381057 | Others | ₹44 Lakh | Open | |
| 26 Feb 2019 | 100249443 | Others | ₹1.48 Cr | Open | |
| 28 Dec 2018 | 100247772 | Others | ₹1.02 Cr | Open | |
| 31 Mar 2018 | 100170859 | Others | ₹97.6 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Vritika Hospitals 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 Vritika Hospitals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vritika Hospitals Private Limited has a workforce of 120 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
120
Active EPFO establishments
1
Employee growth
7.14%
GST
Vritika Hospitals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCV8539F1ZU | Karnataka | Active | 06 Jan 2018 |
To see the full GST registrations and return filing status of Vritika Hospitals Private Limited, buy the company report.
Recent activity
Vritika Hospitals Private Limited has 11 board changes on record since 2017: 6 appointments and 5 cessations. The latest: Abhilash Mandya Papaiah ceased to be Additional Director on 29 Sep 2018.
AGM
Vritika Hospitals Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Vritika Hospitals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 0.44 Cr with Charge ID 100381057 was registered on 18 Sep 2020.
Charges
A charge with Others amounted to Rs. 1.48 Cr with Charge ID 100249443 was registered on 26 Feb 2019.
Charges
A charge with Others amounted to Rs. 1.02 Cr with Charge ID 100247772 was registered on 28 Dec 2018.
Ceased
Abhilash Mandya Papaiah ceased to be Additional Director.
Ceased
Ashay Madhu Gurudevarahally ceased to be Additional Director.
Ceased
Binnamangala Gangappa Shashidhar ceased to be Additional Director.
Ceased
Govardhan Krishnareddy ceased to be Additional Director.
Ceased
Ranjeeth Bhagya Srinivasa Reddy ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 0.98 Cr with Charge ID 100170859 was registered on 31 Mar 2018.
Appointed
Binnamangala Gangappa Shashidhar was appointed as Director.
6 earlier events are in the company report.
Frequently asked questions
Vritika Hospitals is an active private limited company based in Bengaluru, Karnataka, India. The company works in hospitals, within the healthcare industry. It was incorporated on 31 March 2017 (9+ years old) and is registered under CIN U74999KA2017PTC101867.
Vritika Hospitals has 6 current directors:
- Ashay Madhu Gurudevarahally - Director
- Govardhan Krishnareddy - Director
- Raghunanda Narasimhaiah - Director
- Binnamangala Gangappa Shashidhar - Director
- Ranjeeth Bhagya Srinivasa Reddy - Director
- Vijayakumar Annaiahreddy - Director
The latest financial statements of Vritika Hospitals on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Vritika Hospitals is 29AAFCV8539F1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Vritika Hospitals is U74999KA2017PTC101867. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vritika Hospitals was incorporated on 31 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Vritika Hospitals by revenue are Sai Snehdeep Medical Private Limited, The Rising Medicare Private Limited, Hycare Medi Services Private Limited, Aurowell Health Systems Private Limited, New Lakhanpur Hospital & Trauma Center Private Limited and 1 more, all in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities).
Abhilash Mandya Papaiah ceased to be Additional Director on 29 Sep 2018. Ashay Madhu Gurudevarahally ceased to be Additional Director on 29 Sep 2018. Binnamangala Gangappa Shashidhar ceased to be Additional Director on 29 Sep 2018. Vritika Hospitals has 11 board changes on record in total.
Yes, Vritika Hospitals is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0000672).
The registered office of Vritika Hospitals is at GF A – 001 A Block Doddanekkundi Main Road Svs Palms Left Wing Doddanekkundi, Bengaluru, Karnataka, India – 560037.
Vritika Hospitals operates in the healthcare industry, in the hospitals segment.
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