Benefits

Dashboard

See Price & Plans

Not registered yet? Get a free account.

Practo Technologies
Location
T. Score
Peers
Financials
- Financial Highlights
- Balance Sheet
- Profit & Loss
- Ratios
Charges
People
Network
Registered Details

PRACTO TECHNOLOGIES PRIVATE LIMITED

www.practo.com

Active

Updated: 05 Nov 2024

Practo Technologies Private Limited develops and distributes medical information systems.

Practo Technologies Private Limited, also popularly known as Practo, is an unlisted private company incorporated on 08 May, 2008. It is classified as a private limited company and is located in Bangalore, Karnataka. It's authorized share capital is INR 80.76 lac and the total paid-up capital is INR 53.23 lac.

Industry

Computer Related Services

Products

billing solutions, and storage of medical records including X-rays, online software platform that provides automated appointment scheduling, files, and prescriptions for healthcare providers and facilities

Key Metrics

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

Sales

-4.14%

₹ 131.9

EBITDA

₹ -

Net Profit

₹ 9.4

Networth

₹ -70.2

Borrowings

-41.2%

₹ 42.8

Assets

-51.26%

₹ 41.4

Gross Margin

100.0 %

Operating Margin

38.49

0.0 %

Net Profit Margin

52.66

6.2 %

Return on Equity

- %

ROCE

-91.65

0.8 %

Debt to Equity

0.21

-0.6

Sales

Mar 2024

Net worth

Mar 2024

Buy Report or Plans

Dashboards

Popular Plan

Company dashboard

₹ 449
- Five year financials and ratios
- Risk analysis
- Interactive charts

View subscriptions and buy credits

MCA Fillings

All financials

₹ 349
- All financials
- All annual returns
- MoA and AoA
1 Year

₹ 249
- Latest financials
- Latest annual return
- MoA and AoA

PDF Reports

Financial report

₹ 799
- Five year financials and ratios
- Shareholding and group structure
- Litigation and more
Due diligence report

₹ 2999
- Everything in financial report
- Peers and financials

* GST not included

** Reports & MCA filings will be based on the latest available financials.

Locations

India (3)

State	Type	Address

Locations on Map

Tofler Score

Good

Poor

Fair

Good

Very Good

Excellent

Risk

Severe Risk

VERY LOW INTEREST COVERAGE

Moderate Risk

CASH DETERIORATING

Low Risk

No risks identified

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.

Peers / Similar Companies

Medplus Health Services Limited Telangana

Netmeds Healthcare Limited Tamil Nadu

Relyon Softech Limited Karnataka

Botree Software International Private Limited Tamil Nadu

Teoco Software Private Limited West Bengal

India Transact Services Limited Maharashtra

Qnq Healthcare Private Limited Tamil Nadu

Novocura Tech Health Services Private Limited Tamil Nadu

Peers

Medplus Health Services Limited

Telangana

Netmeds Healthcare Limited

Tamil Nadu

Relyon Softech Limited

Karnataka

Botree Software International Private Limited

Tamil Nadu

Teoco Software Private Limited

West Bengal

India Transact Services Limited

Maharashtra

Qnq Healthcare Private Limited

Tamil Nadu

Novocura Tech Health Services Private Limited

Tamil Nadu

Financial Highlights

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	111.9	99.6	135.7	137.6	131.9
Operating profit	-26.4	-18.1	-61.1	-52.9	-
Net profit	-9.7	-20.5	-66.2	-64.3	9.4
Gross margin	100.0	100.0	100.0	100.0	100.0
Operating margin	-23.6	-18.2	-45.0	-38.5	0.0
Net margin	-7.2	-20.1	-47.3	-46.5	6.2
Networth	-47.9	-68.4	-134.6	-88.4	-70.2
Borrowings	16.3	2.3	58.0	72.8	42.8
Assets	72.0	41.8	66.2	85.0	41.4
Debt to equity	-0.3	-0.0	-0.4	-0.8	-0.6
Current ratio	0.6	0.4	0.4	0.6	0.3
ROE	-	-	-	-	-
Days payable	-	-	-	-	-
WC days	-120.0	-225.0	-279.0	-155.0	-201.0

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	0.2	0.2	0.2	0.5	0.5
Reserves	-48.1	-68.6	-134.8	-89.0	-70.7
Borrowings +	16.3	2.3	58.0	72.8	42.8
Long term borrowings	16.3	2.3	34.1	34.4	8.3
Short term borrowings	-	-	23.9	38.3	34.5
Trade payables +	7.5	10.0	20.6	24.3	19.2
Days payable	-	-	-	-	-
Other liabilities +	103.5	107.9	142.8	100.7	68.9
Other non-current liabilities	4.5	10.6	3.9	4.3	4.2
Other current liabilities	91.6	87.3	118.3	72.1	45.5
Total liabilities	72.0	41.8	66.2	85.0	41.4
Fixed Assets +	1.1	1.5	1.2	0.6	0.7
Tangible assets	0.8	1.4	1.2	0.6	0.7
CWIP	-	-	-	-	-
Intangible assets	0.3	-	-	-	-
LT loans and advances	8.6	3.9	5.3	7.8	10.4
Other non-current assets	-	0.5	0.6	0.6	4.0
Current assets +	62.2	36.0	59.2	76.1	26.3
Inventories	-	-	-	-	-
Trade receivables	6.6	4.2	3.3	12.6	9.9
Cash and cash equivalents	4.4	11.0	1.9	6.5	9.1
ST loans and advances	1.2	15.9	48.1	45.6	5.8
Other current assets	50.0	5.0	5.8	11.3	1.6
Total assets	72.0	41.8	66.2	85.0	41.4

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	0.25	0.44	0.28	0.63	1.28
Reserves	-66.82	-164.02	-203.48	-104.64	-170.73
Borrowings +	22.7	5.58	87.61	85.58	103.25
Long term borrowings	22.7	5.58	51.48	40.5	20.11
Short term borrowings	0.0	0.0	36.13	45.08	83.14
Trade payables	10.37	23.97	31.1	28.6	46.26
Other liabilities +	143.87	258.0	215.6	118.44	166.2
Other non-current liabilities	6.21	25.22	5.88	5.09	10.11
Other current liabilities	127.29	208.8	178.61	84.75	109.83
Total liabilities
Fixed Assets +	1.51	3.49	1.8	0.68	1.68
Tangible assets	1.06	3.31	1.8	0.68	1.68
CWIP	0.0	0.0	0.0	0.0	0.0
Intangible assets	0.44	0.18	0.01	0.0	0.0
LT loans and advances	11.99	9.22	8.05	9.14	25.08
Other non-current assets	0.0	1.2	0.83	0.65	9.69
Current assets +	86.5	86.09	89.31	89.53	63.55
Inventories	0.0	0.0	0.0	0.0	0.0
Trade receivables	9.22	9.96	5.02	14.82	23.92
Cash and cash equivalents	6.14	26.31	2.9	7.68	21.99
ST loans and advances	1.63	37.92	72.64	53.68	13.88
Other current assets	69.51	11.9	8.75	13.34	3.76
Total assets

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	0.2	0.2	0.2	0.5	0.5
Reserves	-48.1	-68.6	-134.8	-89.0	-70.5
Borrowings +	16.3	2.3	58.0	72.8	42.8
Long term borrowings	16.3	2.3	34.1	34.4	8.3
Short term borrowings	-	-	23.9	38.3	34.5
Trade payables +	7.5	10.0	20.6	24.4	19.2
Days payable	-	-	-	-	-
Other liabilities +	103.5	108.0	142.5	100.5	68.8
Other non-current liabilities	4.5	10.6	3.9	4.3	4.2
Other current liabilities	91.6	87.4	118.0	71.8	45.4
Total liabilities	72.0	41.9	65.9	84.8	41.6
Fixed Assets +	1.1	1.6	1.3	0.6	0.8
Tangible assets	0.8	1.4	1.2	0.6	0.7
CWIP	-	0.1	-	-	0.1
Intangible assets	0.3	-	0.1	-	-
LT loans and advances	8.6	3.9	5.3	7.8	10.4
Other non-current assets	-	-	-	0.2	3.9
Current assets +	62.2	36.4	59.2	76.2	26.5
Inventories	-	-	-	-	-
Trade receivables	6.6	4.2	3.3	12.7	9.9
Cash and cash equivalents	4.4	11.5	1.9	6.5	9.2
ST loans and advances	1.2	15.8	48.1	45.7	5.8
Other current assets	50.0	5.0	5.8	11.3	1.6
Total assets	72.0	41.9	65.9	84.8	41.6

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	0.25	0.44	0.28	0.63	1.28
Reserves	-66.82	-163.91	-204.59	-104.98	-169.5
Borrowings +	22.7	5.57	88.07	85.84	102.87
Long term borrowings	22.7	5.57	51.75	40.62	20.04
Short term borrowings	0.0	0.0	36.32	45.22	82.84
Trade payables	10.37	23.99	31.27	28.75	46.19
Other liabilities +	143.87	257.9	216.25	118.52	165.35
Other non-current liabilities	6.21	25.2	5.91	5.1	10.07
Other current liabilities	127.29	208.71	179.06	84.66	109.09
Total liabilities
Fixed Assets +	1.51	3.79	2.0	0.68	1.97
Tangible assets	1.06	3.31	1.81	0.68	1.67
CWIP	0.0	0.3	0.0	0.0	0.3
Intangible assets	0.44	0.18	0.19	0.0	0.0
LT loans and advances	11.99	9.21	8.1	9.17	24.99
Other non-current assets	0.0	0.0	0.08	0.2	9.28
Current assets +	86.5	87.0	89.83	89.94	63.76
Inventories	0.0	0.0	0.0	0.0	0.0
Trade receivables	9.22	9.95	5.04	14.94	23.89
Cash and cash equivalents	6.14	27.51	2.93	7.72	22.23
ST loans and advances	1.63	37.65	73.06	53.9	13.9
Other current assets	69.51	11.89	8.8	13.38	3.74
Total assets

Total assets

Profit & Loss

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	111.9	99.6	135.7	137.6	131.9
Sales growth %	-10.02	-10.99	36.31	1.36	-4.14
Expenses +	144.1	122.8	206.1	202.8	142.5
Cost of goods	-	-	-	-	-
Employee cost	87.0	56.2	86.5	112.7	77.4
Other costs	51.2	61.5	110.3	77.8	54.4
Operating profit +	-26.4	-18.1	-61.1	-52.9	-
Operating margin %	-23.6	-18.2	-45.0	-38.5	0.0
Other income	22.6	2.7	4.1	0.9	20.1
Interest	4.7	4.2	8.4	11.6	10.0
Depreciation	1.1	1.0	0.9	0.7	0.6
Exceptional items	-	-	-	-	-
Profit before tax	-9.7	-20.5	-66.2	-64.3	9.4
Tax	-	-	-	-	-
Profit - disc. ops	-	-	-	-	-
Net profit	-9.7	-20.5	-66.2	-64.3	9.4
Net margin %	-7.2	-20.1	-47.3	-46.5	6.2

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	83.21	97.36	97.03	99.33	86.78
Expenses +	107.19	120.07	147.32	146.45	93.79
Cost of goods	0.0	0.0	0.0	0.0	0.0
Employee cost	64.71	54.95	61.84	81.34	50.93
Other costs	38.12	60.09	78.84	56.2	35.83
Operating profit	-19.62	-17.68	-43.65	-38.21	0.02
Other income	16.79	2.64	2.97	0.67	13.22
Interest	3.53	4.06	5.97	8.37	6.6
Depreciation	0.82	0.96	0.66	0.53	0.43
Exceptional items	0.0	0.0	0.0	0.0	0.0
Profit before tax	-7.19	-20.07	-47.32	-46.45	6.21
Tax	0.0	0.0	0.0	0.0	0.0
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	-7.19	-20.07	-47.32	-46.45	6.21

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	111.9	99.6	135.7	137.6	131.9
Sales growth %	None	-10.99	36.31	1.41	-4.16
Expenses +	144.1	122.8	206.1	202.9	142.3
Cost of goods	-	-	-	-	-
Employee cost	87.0	56.2	86.5	112.7	77.4
Other costs	51.2	61.5	110.3	77.9	54.2
Operating profit +	-26.4	-18.1	-61.1	-52.9	0.3
Operating margin %	-23.6	-18.2	-45.0	-38.5	0.2
Other income	22.6	2.7	4.1	0.9	20.1
Interest	4.7	4.2	8.4	11.6	10.0
Depreciation	1.1	1.0	0.9	0.7	0.6
Exceptional items	-	-	-	-	-
Profit before tax	-9.7	-20.5	-66.2	-64.3	9.7
Tax	-	-	-	-	-
Profit - disc. ops	-	-	-	-	-
Net profit	-9.7	-20.5	-66.2	-64.3	9.7
Net margin %	-7.2	-20.1	-47.3	-46.4	6.4

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	83.21	97.36	97.03	99.33	86.78
Expenses +	107.19	120.08	147.33	146.42	93.6
Cost of goods	0.0	0.0	0.0	0.0	0.0
Employee cost	64.71	54.95	61.84	81.3	50.92
Other costs	38.12	60.11	78.85	56.22	35.66
Operating profit	-19.62	-17.7	-43.66	-38.19	0.2
Other income	16.79	2.64	2.97	0.67	13.22
Interest	3.53	4.06	5.97	8.37	6.6
Depreciation	0.82	0.96	0.66	0.53	0.43
Exceptional items	0.0	0.0	0.0	0.0	0.0
Profit before tax	-7.19	-20.08	-47.33	-46.42	6.4
Tax	0.0	0.0	0.0	0.0	0.0
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	-7.19	-20.08	-47.33	-46.42	6.4

Revenue from operations

Ratios

Standalone

Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	-0.3	-0.0	-0.4	-0.8	-0.6
Net Debt/Equity	-0.2	0.0	-0.4	-0.8	-0.5
Total Debt/Assets	0.2	0.1	0.9	0.9	1.0
Total Assets/Equity	-1.5	-0.6	-0.5	-1.0	-0.6
Liquidity +
Current Ratio	0.6	0.4	0.4	0.6	0.3
Quick Ratio	0.6	0.4	0.4	0.6	0.3
Interest Coverage	-5.6	-4.3	-7.3	-4.6	0.0
Performance
Gross Margin	100.0	100.0	100.0	100.0	100.0
Operating Margin	-23.6	-18.2	-45.0	-38.5	0.0
Net Margin	-7.2	-20.1	-47.3	-46.5	6.2
Return +
Return on Equity	-	-	-	-	-
Pre-tax ROCE	76.9	31.8	60.5	92.5	0.8
Return on Assets	-13.4	-49.1	-99.9	-75.7	22.8
Pre-tax ROIC	76.4	27.9	79.0	241.6	1.7
Efficiency +
Days Payable	-	-	-	-	-
Days Inventory	-	-	-	-	-
Days Receivable	22.0	15.0	9.0	33.0	27.0
Fixed Asset Turnover	103.2	68.1	113.5	236.9	189.4
Total Asset Turnover	1.6	2.4	2.0	1.6	3.2
Working Capital
Cash Conversion Cycle	22.0	15.0	9.0	33.0	27.0
Working Capital Days	-120.0	-225.0	-279.0	-155.0	-201.0

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	-0.3	-0.0	-0.4	-0.8	-0.6
Net Debt/Equity	-0.2	0.0	-0.4	-0.8	-0.5
Total Debt/Assets	0.2	0.1	0.9	0.9	1.0
Total Assets/Equity	-1.5	-0.6	-0.5	-1.0	-0.6
Liquidity +
Current Ratio	0.6	0.4	0.4	0.6	0.3
Quick Ratio	0.6	0.4	0.4	0.6	0.3
Interest Coverage	-5.6	-4.4	-7.3	-4.6	0.0
Performance
Gross Margin	100.0	100.0	100.0	100.0	100.0
Operating Margin	-23.6	-18.2	-45.0	-38.5	0.2
Net Margin	-7.2	-20.1	-47.3	-46.4	6.4
Return +
Return on Equity	-	-	-	-	-
Pre-tax ROCE	76.9	32.1	60.8	93.1	0.5
Return on Assets	-13.4	-49.1	-100.5	-75.9	23.4
Pre-tax ROIC	76.4	27.9	78.9	241.2	0.9
Efficiency +
Days Payable	-	-	-	-	-
Days Inventory	-	-	-	-	-
Days Receivable	22.0	15.0	9.0	34.0	27.0
Fixed Asset Turnover	103.2	62.8	102.9	237.1	160.9
Total Asset Turnover	1.6	2.4	2.1	1.6	3.2
Working Capital
Cash Conversion Cycle	22.0	15.0	9.0	34.0	27.0
Working Capital Days	-120.0	-224.0	-278.0	-154.0	-201.0

Ratios

Current ratio

Debt/equity ratio

Charges on assets

Bank wise

Charges

Axis Trustee Services Limited

No. of Loans: 2

Total Amount : 120.0 cr

Standard Chartered Bank

No. of Loans: 1

Total Amount : 10.0 cr

CitiBank N.A.

No. of Loans: 1

Total Amount : 0.2 cr

Charge Holder	Amount	Date of creation/modification
Standard Chartered Bank	10.0 cr	05 Feb, 2024
CitiBank N.A.	0.2 cr	25 May, 2023
Axis Trustee Services Limited	60.0 cr	12 Aug, 2022
Axis Trustee Services Limited	60.0 cr	22 Apr, 2021

Charges

Axis Trustee Services Limited

Standard Chartered Bank

CitiBank N.A.

People

Designation	Name	DIN/PAN	Tenure
Director	Abhinav Lal Shareholder	03050028	15 years
Director	Satish Arunachalam	10316357	2 years

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
QIKWELL TECHNOLOGIES INDIA PRIVATE LIMITED	Active	59.0 L	1	Karnataka
PRACTO RX SERVICES PRIVATE LIMITED	Active	1.0 L	1	Karnataka
KNIGHTHEALTH TECHNOLOGIES PRIVATE LIMITED	Active	50.1 L	1	Karnataka

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
KNIGHTHEALTH TECHNOLOGIES PRIVATE LIMITED	Karnataka	2019	₹ 50.1 L

Registered Details

CIN

U72900KA2008PTC046374

PAN

AACCN8042Q

Incorporation

2008, 17.0 years

Company Email

compliance-team@practo.com

Paid up Capital

₹ 53.2 L

Authorised Capital

₹ 80.8 L

AGM

Sep 2023

Type

Private

Non-government Company

FAQ - PRACTO TECHNOLOGIES PRIVATE LIMITED

What is the incorporation date of PRACTO TECHNOLOGIES PRIVATE LIMITED?

The incorporation date of PRACTO TECHNOLOGIES PRIVATE LIMITED is 08 May, 2008

What is the authorized share capital of PRACTO TECHNOLOGIES PRIVATE LIMITED?

The authorized share capital of PRACTO TECHNOLOGIES PRIVATE LIMITED is INR ₹ 80.8 L.

What is the paid-up capital of PRACTO TECHNOLOGIES PRIVATE LIMITED?

The paid-up capital of PRACTO TECHNOLOGIES PRIVATE LIMITED is INR ₹ 53.2 L.

What is the registered address of PRACTO TECHNOLOGIES PRIVATE LIMITED?

The registered address of PRACTO TECHNOLOGIES PRIVATE LIMITED is 371, St. Johns Hospital Road,Santoshpuram, Koramangala,3rd B lock Bangalore South Bangalore Karnataka - 560034

What is the CIN number of PRACTO TECHNOLOGIES PRIVATE LIMITED?

The CIN number of PRACTO TECHNOLOGIES PRIVATE LIMITED is U72900KA2008PTC046374.

Smart Suggestions

Top Blog Post

Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Trademarks, if any, listed on this page belong to... Read More

PRACTO TECHNOLOGIES PRIVATE LIMITED

Leave site?

Buy Dashboard using Credits

Just a Quick Check!

Industry

Buy Report or Plans

Dashboards

Company dashboard

View subscriptions and buy credits

MCA Fillings

All financials

1 Year

PDF Reports

Financial report

Due diligence report

Locations

Locations on Map

Filter (4)

Select Tags

Choose Location

Tofler Score

Risk

About Tofler Score

Peers / Similar Companies

Peers

Medplus Health Services Limited

Netmeds Healthcare Limited

Relyon Softech Limited

Botree Software International Private Limited

Teoco Software Private Limited

India Transact Services Limited

Qnq Healthcare Private Limited

Novocura Tech Health Services Private Limited

Financial Highlights

Margins

Balance Sheet

Total assets

Profit & Loss

Revenue from operations

Ratios

Ratios

Charges on assets

Charges

People

Company Network