Netmeds - A Funded Healthtech Startup Based Out Of Chennai

Netmeds

NETMEDS HEALTH PRIVATE LIMITED

Private

Netmeds is a company based in Chennai, Tamil Nadu, India, operating in the healthtech sector. Founded in 2015, it now employs 1555 individuals. The company was established by Pradeep Dadha.

Netmeds: Financial Breakdown

Decoding The Financial Health & Metrics Of Netmeds

Total Expenses
-50%
Prev FY
₹1.0 Lakh
Profit After Tax
50%
Prev FY
₹-1.0 Lakh
Total Assets
-67%
Prev FY
₹1.0 Lakh

Note: Above mentioned stats are for FY 2020-2021

Netmeds: Profit and loss Highlights

Total Expenses
-50%
Prev FY
₹1.0 Lakh
Profit Before Tax
50%
Prev FY
₹-1.0 Lakh
Profit After Tax
50%
Prev FY
₹-1.0 Lakh

Note: Above mentioned stats are for FY 2020-2021

Netmeds Profit & loss statement

Financial Year	2019	2020	2021
Revenue from Operations (₹)	0.0	0.0	0.0
Other Income (₹)	1.0 Lakh	0.0	0.0
Total Revenue (₹)	1.0 Lakh	0.0	0.0
EXPENSES
Cost of Materials Consumed (₹)	0.0	0.0	0.0
Purchases of Stock in Trade (₹)	0.0	0.0	0.0
Changes in Inventory (₹)	0.0	0.0	0.0
Employee Benefit Expenses (₹)	0.0	0.0	0.0
Finance Costs (₹)	0.0	0.0	0.0
Depreciation and Amortization (₹)	0.0	0.0	0.0
Other Expenses (₹)	1.0 Lakh	2.0 Lakh	1.0 Lakh
Total Expenses (₹)	1.0 Lakh	2.0 Lakh	1.0 Lakh
Total Revenue Less Total Expenses (₹)	0.0	-2.0 Lakh	-1.0 Lakh
Prior Period and Exceptional Items (₹)	0.0	0.0	0.0
Profit Before Tax (₹)	0.0	-2.0 Lakh	-1.0 Lakh
TAX EXPENSES
Current Tax Expense (₹)	0.0	0.0	0.0
Deferred Tax Expense (₹)	0.0	0.0	0.0
Total Tax Expense (₹)	0.0	0.0	0.0
Net Movement in Regulatory Deferral Account Balances (₹)	0.0	0.0	0.0
Profit from Continuing Operations (₹)	0.0	-2.0 Lakh	-1.0 Lakh
Profit from Discontinuing Operations After Tax (₹)	0.0	0.0	0.0
Net Profit/Loss After Tax (₹)	0.0	-2.0 Lakh	-1.0 Lakh
Other Comprehensive Income (₹)	0.0	0.0	0.0
Total Comprehensive Income (₹)	0.0	-2.0 Lakh	-1.0 Lakh
Profit Before Extraordinary Items (₹)	0.0	0.0	0.0
Extraordinary Items (₹)	0.0	0.0	0.0

Netmeds generated a total revenue of ₹0.0 and incurred expenses of ₹1.0 Lakh, resulting in a profit before tax of ₹-1.0 Lakh for FY 2020-2021. After a total tax expense of ₹0.0, the profit after tax stood at ₹-1.0 Lakh.

Netmeds: Balance Sheet

Balance Sheet highlights of Netmeds and a snapshot of its key metrics.

Equity Share Capital
₹23.0 Lakh
Current Assets
-67%
Prev FY
₹1.0 Lakh
Total Assets
-67%
Prev FY
₹1.0 Lakh

Note: Above mentioned stats are for FY 2020-2021

Netmeds Balance Sheet Table

Financial Year	2019	2020	2021
EQUITY & LIABILITIES
Equity Share Capital (₹)	19.0 Lakh	23.0 Lakh	23.0 Lakh
Reserves & Surplus (₹)	0.0	0.0	0.0
Money Received Against Share Warrants (₹)	0.0	0.0	0.0
Money Pending Allotment (₹)	0.0	0.0	0.0
Other Equity (₹)	-20.0 Lakh	-22.0 Lakh	-22.0 Lakh
NON-CURRENT LIABILITIES
FINANCIAL LIABILITIES
Borrowings (₹)	0.0	0.0	0.0
Trade Payables (₹)	0.0	0.0	0.0
Other Financial Liabilities (₹)	0.0	0.0	0.0
Provisions (₹)	0.0	0.0	0.0
Deferred Tax Liabilities (Net) (₹)	0.0	0.0	0.0
Other Liabilities (₹)	0.0	0.0	0.0
Total Non-current Liabilities (₹)	0.0	0.0	0.0
CURRENT LIABILITIES
FINANCIAL LIABILITIES
Borrowings (₹)	1.0 Lakh	0.0	0.0
Trade Payables (₹)	1.0 Lakh	1.0 Lakh	0.0
Other Financial Liabilities (₹)	0.0	0.0	0.0
Provisions (₹)	0.0	0.0	0.0
Current Tax Liabilities (Net) (₹)	0.0	0.0	0.0
Other Liabilities (₹)	0.0	0.0	0.0
Total Current Liabilities (₹)	2.0 Lakh	1.0 Lakh	0.0
Liabilities Associated with Assets in Disposal Group (₹)	0.0	0.0	0.0
Regulatory Deferral Account Credit Balances (₹)	0.0	0.0	0.0
Total Equity and Liabilities (₹)	1.0 Lakh	3.0 Lakh	1.0 Lakh
ASSETS
NON-CURRENT ASSETS
Property Plant and Equipment (₹)	0.0	0.0	0.0
Capital Work in Progress (₹)	0.0	0.0	0.0
Investment Property (₹)	0.0	0.0	0.0
Goodwill (₹)	0.0	0.0	0.0
Intangible Assets (₹)	0.0	0.0	0.0
Intangible Assets under Development (₹)	0.0	0.0	0.0
FINANCIAL ASSETS
Investments (₹)	0.0	0.0	0.0
Trade Receivables (₹)	0.0	0.0	0.0
Loans (₹)	0.0	0.0	0.0
Other Financial Assets (₹)	0.0	0.0	0.0
Deferred Tax Assets (Net) (₹)	0.0	0.0	0.0
Other Assets (₹)	0.0	0.0	0.0
Tangible Assets (₹)	0.0	0.0	0.0
Total Non-current Assets (₹)	0.0	0.0	0.0
CURRENT ASSETS
Inventories (₹)	0.0	0.0	0.0
FINANCIAL ASSETS
Investments (₹)	0.0	0.0	0.0
Trade Receivables (₹)	0.0	0.0	0.0
Cash and Cash Equivalents (₹)	1.0 Lakh	3.0 Lakh	1.0 Lakh
Other Bank Balances with Banks (₹)	0.0	0.0	0.0
Loans (₹)	0.0	0.0	0.0
Other Financial Assets (₹)	0.0	0.0	0.0
Current Tax Assets (₹)	0.0	0.0	0.0
Other Assets (₹)	0.0	0.0	0.0
Total Current Assets (₹)	1.0 Lakh	3.0 Lakh	1.0 Lakh
NON-CURRENT ASSETS HELD FOR SALE (₹)	0.0	0.0	0.0
REGULATORY DEFERRAL ACCOUNT DEBIT BALANCES (₹)	0.0	0.0	0.0
TOTAL ASSETS (₹)	1.0 Lakh	3.0 Lakh	1.0 Lakh

As of FY 2020-2021, Netmeds has an equity share capital of ₹23.0 Lakh, total assets amounting to ₹1.0 Lakh, and total liabilities of ₹0.0.

Netmeds: Cash Flow

Cash Flow highlights of Netmeds and a snapshot of its key metrics.

Cash Balance (Beginning of year)
200%
Prev FY
₹3.0 Lakh
Cash Flow (Operating Activities)
-100%
Prev FY
₹-2.0 Lakh

Note: Above mentioned stats are for FY 2020-2021

Netmeds Cash Flow Table

Financial Year	2019	2020	2021
CASH AND EQUIVALENTS AT THE BEGINNING
Cash flows from / used in investing activities (₹)	0.0	0.0	0.0
Cash flows from / used in financing activities (₹)	0.0	3.0 Lakh	0.0
Adjustments for exchange rate changes (₹)	0.0	0.0	0.0

For FY 2020-2021, Netmeds maintained a cash balance of ₹3.0 Lakh, with cash flows from operations at ₹-2.0 Lakh, investing activities at ₹0.0, and financing activities at ₹0.0.

Netmeds: Financial Ratio

Financial Ratio highlights of Netmeds and a snapshot of its key metrics.

Earning Per Share
50%
Prev FY
₹-0.7
Debt/Equity
0.1
Current Ratio
450%
Prev FY
11.3

Note: Above mentioned stats are for FY 2020-2021

Netmeds Financial Ratios Table

Financial Year	2019	2020	2021
Total Debt/Equity Ratio (X)	0.0	0.1	0.1
Total Debt/Total Assets Ratio (X)	0.9	0.1	0.1
Total Assets/Equity Ratio (X)	0.0	2.0	1.1
Net Debt/Equity Ratio (X)	0.0	0.0	0.0
Quick Ratio (X)	0.6	2.0	11.3
Current Ratio (X)	0.6	2.0	11.3
Interest Coverage Ratio (X)	-10.5	-49.2	0.0
Gross Margin (%)	0.0	0.0	0.0
Net Margin (%)	-0.5	0.0	0.0
EBITDA Margin (%)	-0.4	0.0	0.0
Return on Fixed Assets (₹)	0.0	0.0	0.0
Return on Equity (X)	0.0	-1.5	-0.7
Return on Capital Employed (X)	0.0	-1.5	-0.7
Fixed Asset Turnover (₹)	0.0	0.0	0.0
Days Receivables Outstanding	0.0	0.0	0.0
Days Payables Outstanding	0.0	0.0	0.0
Days of Inventory	0.0	0.0	0.0
Enterprise Value (₹)	0.0	0.0	0.0

In FY 2020-2021, Netmeds achieved a net profit margin of 0.00, earnings per share of ₹-0.74, a debt/equity ratio of 0.10, and a current ratio of 11.28.

FAQs On Financial Health Of Netmeds

What were Netmeds's total revenue and profit for the latest financial year?

For FY 2020-2021, Netmeds reported a total revenue of ₹0.0 and a profit after tax of ₹-1.0 Lakh, showcasing its financial performance and profitability.

How does the balance sheet of Netmeds reflect its financial stability?

As of FY 2020-2021, Netmeds has total assets of ₹1.0 Lakh, total liabilities of ₹0.0, and equity share capital of ₹23.0 Lakh, indicating its financial health and stability.

What insights can be gained from Netmeds's cash flow management?

In FY 2020-2021, Netmeds maintained a cash balance of ₹3.0 Lakh, with cashflows from operations at ₹-2.0 Lakh, investing activities at ₹0.0, and financing activities at ₹0.0, reflecting its cash management strategies.

What do the key financial ratios of Netmeds indicate?

For FY 2020-2021,Netmeds achieved a net profit margin of 0.00%, earning per share of ₹-0.7, and a debt/equity ratio of 0.1, and a current ratio of 11.3, offering insights into its profitability, leverage, and liquidity.

How has Netmeds's financial performance evolved compared to previous year?

Compared to the previous year, Netmeds experienced a 0.00% increase in total revenue and a 50.00% increase in profit after tax, highlighting its growth and change in profitability.

Netmeds - Financials, Revenue, P&L Statement, Balance Sheet, Cash Flow & More

Netmeds: Financial Breakdown

Netmeds: Profit and loss Highlights

Netmeds Profit & loss statement

EXPENSES

TAX EXPENSES

Unlock all exclusive financials data

Netmeds: Balance Sheet

Netmeds Balance Sheet Table

EQUITY & LIABILITIES

NON-CURRENT LIABILITIES

FINANCIAL LIABILITIES

CURRENT LIABILITIES

FINANCIAL LIABILITIES

ASSETS

NON-CURRENT ASSETS

FINANCIAL ASSETS

CURRENT ASSETS

FINANCIAL ASSETS

NON-CURRENT ASSETS HELD FOR SALE (₹)

REGULATORY DEFERRAL ACCOUNT DEBIT BALANCES (₹)

TOTAL ASSETS (₹)

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Netmeds: Cash Flow

Netmeds Cash Flow Table

CASH AND EQUIVALENTS AT THE BEGINNING

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Netmeds: Financial Ratio

Netmeds Financial Ratios Table

Unlock all exclusive financials data

FAQs On Financial Health Of Netmeds

What were Netmeds's total revenue and profit for the latest financial year?

How does the balance sheet of Netmeds reflect its financial stability?

What insights can be gained from Netmeds's cash flow management?

What do the key financial ratios of Netmeds indicate?

How has Netmeds's financial performance evolved compared to previous year?

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