Fortune Medcare Hospitals Private Limited

Multi-specialty hospital providing emergency care, ambulance, geriatric and nursing care, and employee reimbursement services.

2013 | Karim Nagar, Telangana (India) | Active
Last Updated: December 31, 2024

Who are the key members and board of directors at Fortune Medcare Hospitals?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajashekar Muppidi Country flag representing InManaging Director22-Mar-2013Current

Board Members (1)

NameDesignationAppointment DateStatus
Sai Muppidi Country flag representing In Director 03-Jun-2022Current

Financial Performance of Fortune Medcare Hospitals.

Fortune Medcare Hospitals Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 43.02% decrease. The company also saw a substantial fall in profitability, with a 68.35% decrease in profit. The company's net worth Soared by an impressive increase of 17.84%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-43.02%
Revenue from Operations
-43.10%
Total Assets
3.95%
Profit or Loss
-68.35%
Net Worth
17.84%
EBITDA
-47.23%

Charges (Loans)

Open Charges

₹40.04 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.94 Cr
  • Axis Bank Limited : 0.68 Cr
  • Reliance Capital Ltd : 0.28 Cr
  • Indian Overseas Bank : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
09 Aug 2023Others₹5.00 MOpen
22 Jul 2023Others₹1.80 MOpen
29 Jan 2021Others₹1.50 CrOpen
13 Nov 2020Others₹5.03 MOpen
17 Oct 2020Axis Bank Limited₹6.79 MOpen

How Many Employees Work at Fortune Medcare Hospitals?

Unlock and access historical data on people associated with Fortune Medcare Hospitals, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fortune Medcare Hospitals, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Fortune Medcare Hospitals's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Fortune Medcare Hospitals

Recent activity within the organization

  • Annual General Meeting

    Fortune Medcare Hospitals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Fortune Medcare Hospitals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100780921 was registered on 09 Aug 2023.

    09 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 1.80 M with Charge ID 100770345 was registered on 22 Jul 2023.

    22 Jul 2023

  • Director Appointment

    Sai Chethan Reddy Muppidi was appointed as a Director was appointed as a Director on 03 Jun 2022 & has been associated with this company since 2 years 7 months .

    03 Jun 2022

  • Charges

    A charge with Others amounted to Rs. 15.00 M with Charge ID 100449812 was registered on 29 Jan 2021.

    29 Jan 2021

Frequently asked questions

  • Fortune Medcare Hospitals Private Limited was incorporated on 22 Mar 2013.

  • The authorized share capital of Fortune Medcare Hospitals Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Fortune Medcare Hospitals Private Limited.

    • Rajashekar Reddy Muppidi
    • Sai Chethan Reddy Muppidi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fortune Medcare Hospitals Private Limited is 10-4-55, Bank Colony Arepalli Road India, Karimnagar, Telangana, 505001.

  • The corporate identification number (CIN) of Fortune Medcare Hospitals Private Limited is U85110TG2013PTC086589 and the company number is 086589 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fortune Medcare Hospitals Private Limited is https://www.fortunemedcarehospital.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Fortune Medcare Hospitals Private Limited has fallen by -43.02%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Fortune Medcare Hospitals Private Limited has experienced an upsurge of 17.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Fortune Medcare Hospitals Private Limited amount to ₹ 4.00 Cr.

  • The most recent Balance Sheet for Fortune Medcare Hospitals Private Limited was filed with the ROC on 31 Mar 2024.

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