Professional Medical Transcription Solutions Private Limited

Provides medical transcription services, BPO, software development, IT consultancy, education, and training.

2000 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 12, 2024

Professional Medical Transcription Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 24 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -8.34%
  • Profit Growth -3881.39%
  • Ebitda -67.21%
  • Net Worth -15.66%
  • Total Assets -9.18%

About Professional Medical Transcription Solutions

Professional Medical Transcription Solutions Private Limited (PMTSPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 August 2000 and has a history of 24 years and five months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Novalock Private Limited. The Company is engaged in the Business Outsourcing 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 1.00 M and a paid-up capital of Rs 0.20 M, as per Ministry of Corporate Affairs (MCA) records.

Ramaswamy Vasudevan, Rajeswari Swaminathan, M Swaminathan, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200TN2000PTC045647

  • Company No.

    045647

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Aug 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing

Who are the key members and board of directors at Professional Medical Transcription Solutions?

Board Members (4)

NameDesignationAppointment DateStatus
M Swaminathan Country flag representing Au Director 18-Jan-2016Current
Rajeswari Swaminathan Country flag representing Au Director 18-Jan-2016Current
Ramaswamy Vasudevan Country flag representing In Director 20-Jan-2021Current
Soji Swaraj Country flag representing Au Director 18-Jan-2016Current

Financial Performance of Professional Medical Transcription Solutions.

Professional Medical Transcription Solutions Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 8.34% decrease. The company also saw a substantial fall in profitability, with a 3881.39% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.66%.

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
-8.34%
Revenue from Operations
-8.53%
Total Assets
-9.18%
Profit or Loss
-3881.39%
Net Worth
-15.66%
EBITDA
-67.21%

What is the Ownership and Shareholding Structure of Professional Medical Transcription Solutions?

In 2018, Professional Medical Transcription Solutions had a promoter holding of 10.00% and a public holding of 90.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Professional Medical Transcription Solutions?

Professional Medical Transcription Solutions has a workforce of 15 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Professional Medical Transcription Solutions, 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 Professional Medical Transcription Solutions'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 Professional Medical Transcription Solutions

Recent activity within the organization

  • Annual General Meeting

    Professional Medical Transcription Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Professional Medical Transcription Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Ramaswamy Vasudevan was appointed as a Director was appointed as a Director on 20 Jan 2021 & has been associated with this company since 4 years 1 month .

    20 Jan 2021

  • Director Appointment

    Rajeswari Swaminathan was appointed as a Director was appointed as a Director on 18 Jan 2016 & has been associated with this company since 9 years 1 month .

    18 Jan 2016

  • Director Appointment

    M S Swaminathan was appointed as a Director was appointed as a Director on 18 Jan 2016 & has been associated with this company since 9 years 1 month .

    18 Jan 2016

  • Director Appointment

    Soji Swaraj was appointed as a Director was appointed as a Director on 18 Jan 2016 & has been associated with this company since 9 years 1 month .

    18 Jan 2016

Frequently asked questions

  • Professional Medical Transcription Solutions Private Limited was incorporated on 31 Aug 2000.

  • The authorized share capital of Professional Medical Transcription Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.20 M.

  • Currently 4 directors are associated with Professional Medical Transcription Solutions Private Limited.

    • Ramaswamy Vasudevan
    • Rajeswari Swaminathan
    • M S Swaminathan
    • Soji Swaraj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Professional Medical Transcription Solutions Private Limited is New No.35 M.G.Ramachandran -Road Kalakshetra Colony Besant Nagar, India, Chennai - 600 090., Tamil Nadu, 600090.

  • The corporate identification number (CIN) of Professional Medical Transcription Solutions Private Limited is U72200TN2000PTC045647 and the company number is 045647 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Professional Medical Transcription Solutions Private Limited has fallen by -8.34%.

  • As Per 2020 financial reports, 15 employees are currently employed by Professional Medical Transcription Solutions Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Professional Medical Transcription Solutions Private Limited has experienced an downturn of -15.66%.

  • The most recent Balance Sheet for Professional Medical Transcription Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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