MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0000129
Hycare Medi Services Private Limited
Hycare Medi Services Private Limited - healthcare in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹10.59 Cr
▲ 61% YoY
Net loss · FY 2025
₹98.95 Lakh
Net margin -9.3%
EBITDA · FY 2025
₹97.13 Lakh
EBITDA margin 9.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹6.21 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
72
Provident fund records
About Hycare Medi Services Private Limited
Data last updated:
Hycare Medi Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 27 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2018PTC125977. Its GSTIN is 33AAGCN2995J1Z3 (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Nrarr Medi Services Private Limited. It is led by directors including Thallur Ramakrishnan Rajkumar (Managing Director) and Raneeshkumar Ramakrishnan.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.59 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net loss of ₹98.95 Lakh (net margin -9.3%) and EBITDA of ₹97.13 Lakh (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 5% over five years.
The company has about 72 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.21 Cr on record.
Hycare Medi Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0000129). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74999TN2018PTC125977
Registration Number 125977
Incorporation Date 27 November 2018
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0000129
Key People
Thallur Ramakrishnan Rajkumar Managing Director Raneeshkumar Ramakrishnan Director Kesavan Rajesh Director Recognitions & Rankings of Hycare Medi Services
Contact details
Hycare Medi Services Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.37 N.No.83, Razack Garden Main Road, Chennai, Tamil Nadu, India – 600106
- IndustryHealthcare, Hospitals
To see the full contact details of Hycare Medi Services Private Limited, buy the company report.
Comprehensive company report
Hycare Medi Services 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
Business activity
The main business activity of Hycare Medi Services 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 Hycare Medi Services Private Limited, buy the company report.
Financials of Hycare Medi Services Private Limited
FY 2024 filings availableHycare Medi Services Private Limited reported revenue of ₹10.59 Cr (up 61% YoY) for FY 2025.
Revenue · FY 2025
₹10.59 Cr ▲ 61%
Net loss · FY 2025
₹98.95 Lakh margin -9.3%
EBITDA · FY 2025
₹97.13 Lakh margin 9.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 61%
3 years · compounded
▼ 13%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 142%
3 years · compounded
▼ 26%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 61% growth in the latest year. EBITDA rose 142% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹97.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹98.95 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | ||||
| Net Profit Margin | -9.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Hycare Medi Services Private Limited, buy the company report.
Board of directors of Hycare Medi Services Private Limited
Hycare Medi Services has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raneeshkumar Ramakrishnan | Director | 27 Nov 2018 | 7 Years 11 Months | Current |
| Kesavan Rajesh | Director | 27 Nov 2018 | 7 Years 11 Months | Current |
| Purushothaman Prabhu | Director | 20 Nov 2023 | 2 Years 11 Months | Current |
| Thallur Ramakrishnan Rajkumar | Managing Director | 10 May 2021 | 5 Years 6 Months | Current |
| Radhika Radhakrishnan | Director | 10 May 2021 | 5 Years 6 Months | Current |
Peer comparison
Hycare Medi Services Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Suburban Hospital Private Limited | ₹10.71 Cr (FY 2025) | 34.0% | New Delhi, Delhi, India | |||
| SMG Hospitals Private Limited | ₹10.7 Cr (FY 2025) | 13.0% | Nagpur, Maharashtra, India | |||
| 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 Limitedthis company | ₹10.59 Cr (FY 2025) | -₹98.95 Lakh | -9.3% | 61.0% | 72 | Chennai, Tamil Nadu, India |
| Aurowell Health Systems Private Limited | ₹10.58 Cr (FY 2024) | 52.0% | Madurai, Tamil Nadu, India | |||
| Vritika Hospitals Private Limited | ₹10.54 Cr (FY 2022) | 33.0% | Bengaluru, Karnataka, India | |||
| New Lakhanpur Hospital & Trauma Center Private Limited | ₹10.53 Cr (FY 2025) | 28.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Hycare Medi Services Private Limited, buy the company report.
Auditor
Hycare Medi Services Private Limited is audited by LSSM & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LSSM & CO | FY 2023 | 013941S |
Shareholding
The shareholding of Hycare Medi Services 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 Hycare Medi Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.21 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Nov 2023 | 100875111 | Others | ₹2 Cr | Open | |
| 13 Apr 2022 | 100561668 | Others | ₹41 Lakh | Open | |
| 25 Nov 2021 | 100512452 | Hdfc Bank Limited | ₹50 Lakh | Open | |
| 21 Sep 2019 | 100297426 | Hdfc Bank Limited | ₹3.3 Cr | Open |
To see the full charge records of Hycare Medi Services Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Hycare Medi Services 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 Hycare Medi Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hycare Medi Services Private Limited has a workforce of 72 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
72
Active EPFO establishments
1
Employee growth
-7.69%
GST
Hycare Medi Services has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCN2995J1Z3 | Tamil Nadu | Active | 19 Feb 2019 |
To see the full GST registrations and return filing status of Hycare Medi Services Private Limited, buy the company report.
Recent activity
Hycare Medi Services Private Limited has 11 board changes on record since 2018: 5 appointments and 6 cessations. The latest: Purushothaman Prabhu ceased to be Additional Director on 29 Sep 2024.
AGM
Hycare Medi Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Purushothaman Prabhu ceased to be Additional Director.
Filing
Hycare Medi Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Appointed
Purushothaman Prabhu was appointed as Director.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100875111 was registered on 09 Nov 2023.
Ceased
Selvam Prakash ceased to be Director.
Ceased
Thallur Ramakrishnan Rajkumar ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 3.30 Cr registered on 21 Sep 2019 with Charge ID 100297426 was modified on 17 Jul 2022.
Charges
A charge with Others amounted to Rs. 0.41 Cr with Charge ID 100561668 was registered on 13 Apr 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100512452 was registered on 25 Nov 2021.
Appointed
Radhika Radhakrishnan was appointed as Director.
Appointed
Thallur Ramakrishnan Rajkumar was appointed as Managing Director.
7 earlier events are in the company report.
Frequently asked questions
Hycare Medi Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in hospitals, within the healthcare industry. It was incorporated on 27 November 2018 (8+ years old) and is registered under CIN U74999TN2018PTC125977.
Hycare Medi Services has 5 current directors:
- Thallur Ramakrishnan Rajkumar - Managing Director
- Raneeshkumar Ramakrishnan - Director
- Kesavan Rajesh - Director
- Purushothaman Prabhu - Director
- Radhika Radhakrishnan - Director
The latest financial statements of Hycare Medi Services 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 Hycare Medi Services is 33AAGCN2995J1Z3, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Hycare Medi Services is U74999TN2018PTC125977. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hycare Medi Services was incorporated on 27 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Hycare Medi Services by revenue are Suburban Hospital Private Limited, SMG Hospitals Private Limited, Sai Snehdeep Medical Private Limited, The Rising Medicare Private Limited, Aurowell Health Systems Private Limited and 2 more, all in the Healthcare industry (Multi Specialty Hospitals), with the same principal business activity (hospital activities).
Purushothaman Prabhu ceased to be Additional Director on 29 Sep 2024. Purushothaman Prabhu was appointed as Director on 20 Nov 2023. Selvam Prakash ceased to be Director on 02 Aug 2023. Hycare Medi Services has 11 board changes on record in total.
Yes, Hycare Medi Services is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0000129).
The registered office of Hycare Medi Services is at No.37 N.No.83, Razack Garden Main Road, Chennai, Tamil Nadu, India – 600106.
Hycare Medi Services operates in the healthcare industry, in the hospitals segment.
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