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CUREFIT HEALTHCARE PRIVATE LIMITED

www.cure.fit
Active
Updated: 05 Nov 2024

Cure Fit Healthcare Pvt Ltd operates a platform which enables users to manage their health proactively through a range of service offerings.

Curefit Healthcare Private Limited, also popularly known as cure.fit, is an unlisted private company incorporated on 24 May, 2016. It is classified as a private limited company and is located in Bangalore, Karnataka. It's authorized share capital is INR 1,577.43 cr and the total paid-up capital is INR 1,232.23 cr.

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Industry

Business Services
Products
  • offline delivery of services for preventive health car
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
-14.07%
₹ 169.5
EBITDA
-
₹ -134.9
Net Profit
-
₹ -350.4
Networth
-4.47%
₹ 4,013.3
Borrowings
1462.83%
₹ 29.8
Assets
-5.51%
₹ 4,222.7
Gross Margin
-
100.0 %
Operating Margin
-12.09
-79.6 %
Net Profit Margin
-103.78
-112.0 %
Return on Equity
-7.82
-8.7 %
ROCE
-1.83
-25.0 %
Debt to Equity
0.01
0.0
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (2)
State Type Address

location icon Locations on Map

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Tofler Score

Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • VERY LOW INTEREST COVERAGE
Moderate Risk
  • LOSS MAKING
  • LOW ROCE
  • CASH DETERIORATING
Low Risk
  • REVENUE DECLINE
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Peers / Similar Companies

Healthifyme Wellness Private Limited Karnataka
Saarathi Healthcare Private Limited Maharashtra
Somatheeram Ayurvedic Hospital And Yoga Centre Pvt Ltd Kerala

Peers

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 158.3 66.5 105.0 197.3 169.5
Operating profit -111.5 -143.6 -232.5 -133.1 -134.9
Net profit -85.5 -127.2 -222.1 -38.3 -350.4
Gross margin 100.0 100.0 100.0 100.0 100.0
Operating margin -70.4 -216.0 -221.4 -67.5 -79.6
Net margin -38.7 -95.4 -123.2 -8.3 -112.0
Networth 2,295.2 2,459.8 4,077.3 4,201.1 4,013.3
Borrowings 41.9 14.2 14.4 1.9 29.8
Assets 2,457.9 2,646.1 4,371.1 4,468.7 4,222.7
Debt to equity 0.0 0.0 0.0 0.0 0.0
Current ratio 19.2 18.0 9.2 5.5 8.9
ROE -3.7 -5.2 -5.5 -0.9 -8.7
Days payable - - - - -
WC days 2,917.0 4,643.0 3,529.0 1,296.0 1,173.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 36.1 35.5 1,330.5 1,340.7 1,417.4
Reserves 2,259.1 2,424.3 2,746.8 2,860.4 2,595.9
Borrowings + 41.9 14.2 14.4 1.9 29.8
Long term borrowings 41.9 14.2 14.4 - -
Short term borrowings - - - 1.9 29.8
Trade payables + 16.2 9.0 17.4 36.9 32.0
Days payable - - - - -
Other liabilities + 120.9 172.1 279.4 265.7 179.7
Other non-current liabilities 51.3 122.4 155.3 113.3 140.3
Other current liabilities 53.4 40.8 106.7 115.6 7.4
Total liabilities 2,457.9 2,646.1 4,371.1 4,468.7 4,222.7
Fixed Assets + 121.4 164.6 218.3 201.3 109.6
Tangible assets 27.8 12.2 10.5 18.2 14.6
CWIP 20.2 5.9 57.4 6.0 3.9
Intangible assets 73.4 146.5 150.4 177.1 91.1
LT loans and advances 17.6 35.4 306.6 618.2 962.6
Other non-current assets 984.6 1,550.6 2,706.9 2,794.6 2,536.9
Current assets + 1,334.3 895.5 1,139.2 854.6 613.7
Inventories - - - - -
Trade receivables 139.6 152.1 135.2 61.6 23.4
Cash and cash equivalents 56.0 12.4 8.0 73.3 34.3
ST loans and advances - - - - -
Other current assets 1,138.7 731.0 996.0 719.7 556.0
Total assets 2,457.9 2,646.1 4,371.1 4,468.7 4,222.7
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 158.3 66.5 105.0 197.3 169.5
Sales growth % 399.95 -58.0 57.91 87.89 -14.07
Expenses + 306.6 260.7 402.4 407.9 340.7
Cost of goods - - - - -
Employee cost 88.5 111.6 177.3 166.3 148.1
Other costs 181.2 98.5 160.2 164.1 156.3
Operating profit + -111.5 -143.6 -232.5 -133.1 -134.9
Operating margin % -70.4 -216.0 -221.4 -67.5 -79.6
Other income 62.7 67.0 75.3 266.4 143.2
Interest 11.9 7.5 4.5 1.6 7.6
Depreciation 24.9 43.0 60.4 75.8 28.7
Exceptional items - - - -94.0 -322.4
Profit before tax -85.5 -127.2 -222.1 -38.3 -350.4
Tax - - - - -
Profit - disc. ops - - - - -
Net profit -85.5 -127.2 -222.1 -38.3 -350.4
Net margin % -38.7 -95.4 -123.2 -8.3 -112.0
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.0 0.0 0.0 0.0 0.0
Net Debt/Equity 0.0 0.0 0.0 0.0 0.0
Total Debt/Assets 0.0 0.0 0.0 0.0 0.0
Total Assets/Equity 1.1 1.1 1.1 1.1 1.1
Liquidity +
Current Ratio 19.2 18.0 9.2 5.5 8.9
Quick Ratio 19.2 18.0 9.2 5.5 8.9
Interest Coverage -9.4 -19.1 -51.3 -80.8 -17.7
Performance
Gross Margin 100.0 100.0 100.0 100.0 100.0
Operating Margin -70.4 -216.0 -221.4 -67.5 -79.6
Net Margin -38.7 -95.4 -123.2 -8.3 -112.0
Return +
Return on Equity -3.7 -5.2 -5.5 -0.9 -8.7
Pre-tax ROCE -9.8 -18.5 -23.8 -23.2 -25.0
Return on Assets -3.5 -4.8 -5.1 -0.9 -8.3
Pre-tax ROIC -5.9 -7.6 -7.2 -5.0 -4.1
Efficiency +
Days Payable - - - - -
Days Inventory - - - - -
Days Receivable 322.0 835.0 470.0 114.0 50.0
Fixed Asset Turnover 1.3 0.4 0.5 1.0 1.6
Total Asset Turnover 0.1 0.0 0.0 0.0 0.0
Working Capital
Cash Conversion Cycle 322.0 835.0 470.0 114.0 50.0
Working Capital Days 2,917.0 4,643.0 3,529.0 1,296.0 1,173.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Standard Chartered Bank

No. of Loans: 3

Total Amount : 110.0 cr

2

Axis Bank Limited

No. of Loans: 2

Total Amount : 85.0 cr

3

Kotak Mahindra Bank Limited

No. of Loans: 3

Total Amount : 78.3 cr

4

The Hongkong and Shanghai Banking Corporation Limited

No. of Loans: 2

Total Amount : 57.4 cr

5

ICICI Bank Limited

No. of Loans: 1

Total Amount : 30.0 cr

6

Tata Capital Financial Services Limited

No. of Loans: 1

Total Amount : 4.0 cr

7

Tata Capital Limited

No. of Loans: 1

Total Amount : 3.0 cr

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Charges

Standard Chartered Bank
Axis Bank Limited
Kotak Mahindra Bank Limited
The Hongkong and Shanghai Banking Corporation Limited
Others

People

Designation Name DIN/PAN Tenure
Director Sudhir Kumar Sethi 00058105 9 years
Nominee Director Subrata Mitra 00570124 7 years
Director Mukesh Bansal
Shareholder
01755822 9 years
Director Vani Kola 01827653 9 years
Director Vishesh Shrivastav 02159016 5 years
Director Naresh Krishnaswamy 07912698 1 years
Kmp Siddharth Sharma <HIDDEN> 1 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
CHIRATAE VENTURES INDIA ADVISORS PRIVATE LIMITED
Active
2.3 Cr 1 Karnataka
RN CHIDAKASHI TECHNOLOGIES PRIVATE LIMITED
Active
37.3 L 1 Maharashtra
Chiratae Ventures Offshore Manager LLP
Active
1.0 L 1 Gujarat
NISHAAVRITRA INVESTMENT MANAGER LLP
Active
3.5 Cr 1 Karnataka
SVAADHI INVESTMENT MANAGER LLP
Active
4.3 Cr 1 Karnataka
NAIGAMA INVESTMENT MANAGER LLP
Active
10.6 Cr 1 Karnataka
CHIRATAE CAPITAL MANAGEMENT LLP
Active
16.2 Cr 1 Karnataka
CHIRATAE INDIA INVESTMENT MANAGER LLP
Active
6.4 Cr 1 Karnataka
CROPIN TECHNOLOGY SOLUTIONS PRIVATE LIMITED
Active
22.1 L 1 Karnataka
NEWGEN SOFTWARE TECHNOLOGIES LIMITED
Active
139.8 Cr 1 Delhi
SOCIAL WORTH TECHNOLOGIES PRIVATE LIMITED
Active
549.5 Cr 1 Maharashtra
CUREFOODS INDIA PRIVATE LIMITED
Active
3.3 L 1 Karnataka
GLOBALBEES BRANDS PRIVATE LIMITED
Active
8.1 L 1 Delhi
CHAKPAK MEDIA PRIVATE LIMITED
Under Liquidation
11.5 Cr 1 Karnataka
ERASMIC INVESTMENT ADVISORS LLP
Active
50,000.0 1 Karnataka
ACCEL PARTNERS INDIA LLP
Active
64,912.0 1 Karnataka
ACCEL INDIA ADVISORS LLP
Active
1.4 L 1 Karnataka
ACCEL INDIA MANAGEMENT LLP
Active
5.6 L 1 Karnataka
JUSPAY TECHNOLOGIES PRIVATE LIMITED
Active
1.4 Cr 1 Karnataka
WHIZDM INNOVATIONS PRIVATE LIMITED
Active
40.4 Cr 1 Karnataka
SCRIPBOX ADVISORS PRIVATE LIMITED
Active
11.3 Cr 1 Karnataka
NEW WORLD INVENTIONS PRIVATE LIMITED
Active
1.0 L 1 Karnataka
FOUNDATION FOR PROMOTION OF SPORTS AND GAMES
Active
1.0 L 1 Maharashtra
SPARX CREATIVE STUDIO PRIVATE LIMITED
Active
60,000.0 1 Karnataka
LYSKRAFT INDIA PRIVATE LIMITED
Active
5.6 L 1 Karnataka
Vastitude Advisors & Consultants LLP
Active
15.0 L 1 Haryana
SKYROOT AEROSPACE PRIVATE LIMITED
Active
3.8 L 1 Telangana
ZLURI TECHNOLOGIES PRIVATE LIMITED
Active
5.2 Cr 1 Telangana
APPSTARS APPLICATIONS PRIVATE LIMITED
Active
2.7 L 1 Tamil Nadu
KCP MANAGERS LLP
Active
10,000.0 1 Karnataka
KCP ADVISORS LLP
Active
10,000.0 1 Karnataka
KALAARI MANAGERS LLP
Active
1.0 L 1 Karnataka
KALAARI ADVISORS LLP
Active
1.0 L 1 Karnataka
KALAARI CAPITAL ADVISORS PRIVATE LIMITED
Active
75,000.0 1 Karnataka
CYLLID TECHNOLOGIES PRIVATE LIMITED
Active
12.5 L 1 Karnataka
JOBSFORHER RESTART PORTAL PRIVATE LIMITED
Active
19.2 L 1 Karnataka
YOURSTORY MEDIA PRIVATE LIMITED
Active
13.3 L 1 Karnataka
ALGONOMY SOFTWARE PRIVATE LIMITED
Active
27.9 Cr 1 Karnataka
FIVEX CAPITAL ADVISORY PRIVATE LIMITED
Strike Off
1.0 L 1 Delhi
TEMASEK HOLDINGS ADVISORS INDIA PRIVATE LIMITED
Active
2.2 Cr 1 Maharashtra
DELIGHTFUL GOURMET PRIVATE LIMITED
Active
110.6 Cr 1 Karnataka
UPGRAD EDUCATION PRIVATE LIMITED
Active
280.1 Cr 1 Maharashtra
CUREFIT SERVICES PRIVATE LIMITED
Active
7.5 Cr 1 Karnataka
FITNESS FIRST INDIA PRIVATE LIMITED
Active
330.7 Cr 1 Karnataka

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
CULTFIT HEALTHCARE PRIVATE LIMITED Karnataka 2016 ₹ 4.0 Cr
CULTSPORT PRIVATE LIMITED Karnataka 2016 ₹ 4.7 Cr
CUREFIT SERVICES PRIVATE LIMITED Karnataka 2016 ₹ 7.5 Cr
HEALTHFACE PRIVATE LIMITED Karnataka 2016 ₹ 2.3 Cr
CULTGEAR PRIVATE LIMITED Karnataka 2017 ₹ 2.2 Cr
Curefit Healthcare Singapore Pte Ltd Singapore - -
CUBE FITNESS PRIVATE LIMITED Karnataka 2017 ₹ 1.9 L
FITNESS FIRST INDIA PRIVATE LIMITED Karnataka 2006 ₹ 330.7 Cr
Curefit Fitness LLC United Arab Emirates - -
Curefit Fitness DMCC United Arab Emirates - -
Curefit Internet FZ LLC United Arab Emirates - -
Onyx Inc, USA United States - -
FITTERNITY HEALTH E-SOLUTION PRIVATE LIMITED Karnataka 2013 ₹ 5.0 Cr
TREADFIT TECHNOLOGIES PRIVATE LIMITED Karnataka 2020 ₹ 1.0 L
Treadfit Singapore Pte Ltd Singapore - -
F2 FUN AND FITNESS (INDIA) PRIVATE LIMITED Maharashtra 1987 ₹ 2.8 Cr
JOGO TECHNOLOGIES PRIVATE LIMITED Karnataka 2015 ₹ 6.6 L
RELENTLESS SPORTS RETAIL PRIVATE LIMITED Karnataka 2016 ₹ 2.9 Cr
TRANSFIT VENTURE PRIVATE LIMITED Maharashtra 2018 ₹ 1.0 Cr
Onyx Inc United States - -
RAGUS HEALTHCARE PRIVATE LIMITED Karnataka 2021 ₹ 7.7 Cr

Registered Details

CIN

U74999KA2016PTC093524

PAN

AAGCC4891G

Incorporation

2016, 8.9 years

Company Email

filings@curefit.com

Paid up Capital

₹ 1,232.2 Cr

Authorised Capital

₹ 1,577.4 Cr

AGM

Sep 2024

Type

Private
Non-government Company

FAQ - CUREFIT HEALTHCARE PRIVATE LIMITED

What is the incorporation date of CUREFIT HEALTHCARE PRIVATE LIMITED?

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The incorporation date of CUREFIT HEALTHCARE PRIVATE LIMITED is 24 May, 2016

What is the authorized share capital of CUREFIT HEALTHCARE PRIVATE LIMITED?

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The authorized share capital of CUREFIT HEALTHCARE PRIVATE LIMITED is INR ₹ 1,577.4 Cr.

What is the paid-up capital of CUREFIT HEALTHCARE PRIVATE LIMITED?

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The paid-up capital of CUREFIT HEALTHCARE PRIVATE LIMITED is INR ₹ 1,232.2 Cr.

What is the registered address of CUREFIT HEALTHCARE PRIVATE LIMITED?

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The registered address of CUREFIT HEALTHCARE PRIVATE LIMITED is No. 17 & 17C BDA, Sector 3, HSR Layout, NA Bangalore Bangalore Karnataka - 560102

What is the CIN number of CUREFIT HEALTHCARE PRIVATE LIMITED?

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The CIN number of CUREFIT HEALTHCARE PRIVATE LIMITED is U74999KA2016PTC093524.

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