Modicare Profile
Key Indicators
- Authorised Capital ₹ 24.00 Cr
- Paid Up Capital ₹ 4.88 Cr
- Company Age 51 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 16.74 Cr
- Revenue Growth -0.73%
- Profit Growth -49.54%
- Ebitda -43.92%
- Net Worth 27.94%
- Total Assets 29.00%
About Modicare
Modicare Limited (ML) was founded in India on 12 July 1973 and has a glorious history of 51 years and six months. Its registered office is in Delhi, India.
The Company is engaged in the E-Commerce Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 24.00 Cr and a paid-up capital of Rs 4.88 Cr.
The company has closed loans amounting to ₹16.74 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Modicare Limited India is Shikha Sharma as COMPANY SECRETARY. Jayati Modi, Vedika Modi, Anil Upreti, and Two other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200DL1973PLC110617
- Company No.
110617
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Jul 1973
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Modicare Limited offer?
Modicare Limited offers a wide range of products and services, including Nutraceuticals & Dietary Supplements, Protein Powder, Hand Sanitizers & Personal Hygiene, Bath Soaps, Child and Baby Care Products, Baby Care Products, Cosmetics, Hair & Beauty Products, Eye Cosmetic, Ayurvedic,Herbal Products & Medicine, Ayurvedic Tablets.
Who are the key members and board of directors at Modicare?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shikha Sharma  | Company Secretary | 02-Jul-2012 | Current |
| Samir Modi | Managing Director | 01-Feb-1992 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jayati Modi | Whole-Time Director | 07-Aug-2023 | Current |
| Vedika Modi | Director | 21-Dec-2023 | Current |
| Anil Upreti | Director | 29-May-2018 | Current |
| Rajesh Nair | Director | 20-Dec-2013 | Current |
Financial Performance of Modicare.
Modicare Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 0.73% decrease. The company also saw a substantial fall in profitability, with a 49.54% decrease in profit. The company's net worth Soared by an impressive increase of 27.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Modicare?
In 2022, Modicare had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Twenty Four Seven Retail Stores Private LimitedSamir Modi is a mutual person
Colorbar Cosmetics Private LimitedSamir Modi is a mutual person
Indofil Industries LimitedSamir Modi is a mutual person
Bb Twenty Three Global Private LimitedJayati Modi and Samir Modi are mutual person
- L Objet Modi Ventures Private Limited
Jayati Modi, Anil Upreti and 1 more are mutual person
- Success Principles India Limited
Anil Upreti and Samir Modi are mutual person
Charges (Loans)
₹0
₹16.74 Cr
Charges Breakdown by Lending Institutions
- Hongkong And Singapor Banking Corporation Ltd. : 12.00 Cr
- Hongkong And Sanghai Banking Corporation Ltd. : 3.50 Cr
- Hdfc Bank Limited : 1.24 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2019 | Hdfc Bank Limited | ₹1.29 M | Satisfied |
| 19 Mar 2018 | Hdfc Bank Limited | ₹0.90 M | Satisfied |
| 30 Jan 2018 | Hdfc Bank Limited | ₹0.85 M | Satisfied |
| 30 Jan 2018 | Hdfc Bank Limited | ₹0.85 M | Satisfied |
| 28 Jun 2017 | Hdfc Bank Limited | ₹1.35 M | Satisfied |
How Many Employees Work at Modicare?
Modicare has a workforce of 244 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Modicare, 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 Modicare's trajectory.
Rating
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
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.
