API Holdings Ltd
About
API Holdings Limited, established in 2019, is one of India’s largest digital healthcare platforms. The company operates out of Mumbai, Maharashtra through an integrated, end-to-end business model that leverages advanced technology to address healthcare needs. The founding team initially supplied pharmaceutical products to pharmacies under the company Ascent before consolidating their various brands under API Holdings in 2019. The company owns several prominent brands, including PharmEasy, Docon, and Retailio. In 2021, the company acquired Medicare, Thyrocare, Aknamed and a 49% stake in Marg. Through these acquisitions, API Holdings became a diagnostics provider and a supplier of specialty medicinal drugs and devices, thus establishing a seamless and comprehensive healthcare ecosystem.
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Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue (INR Cr) | 5617 -15.4% | 6638 517.9% | 1074 -56.6% | 2475 211.1% | 796 - |
| Net Operating Income (INR Cr) | 5664 -14.75% | 6644 0.00% | 872 1,628.07% | 2335 249.83% | 668 0.00% |
| Profit (INR Cr) | -2550 - | -5230 - | -5232 - | -636 - | -335 - |
| Assets (INR Cr) | 6819 1.7% | 6706 -0.5% | 6737 57.4% | 4281 785.7% | 483 - |
| Net Worth (INR Cr) | 2189 4.6% | 2092 0.0% | 6318 53.5% | 3439 1296.8% | 246 0.0% |
| Employee Cost (INR Cr) | 699 -45.5% | 1283 93.7% | 662 145.1% | 270 97.0% | 137 - |
| Interest Cost (INR Cr) | 731 | 672 | 51 | 45 | 12 |
| Cash & Bank Balance (INR Cr) | 1610 | 298 | 137 | 323 | 59 |
| Total Debt (INR Cr) | 4219 | 3708 | 296 | 684 | 224 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Profit As % Of Revenues | - | - | - | - | - |
| Profit As % Of Assets | - | - | - | - | - |
| Profit As % Of Networth | - | - | - | - | - |
| Interest Cost to EBITDA % | - | - | - | - | - |
| Debt to Equity Ratio | 1.93 | 1.77 | 0.05 | 0.20 | 0.91 |
| RONW | - | - | - | - | - |
| ROCE | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |