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North Star Diagnostics Private Limited - healthcare in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹28.21 Cr
▲ 39% YoY
Net profit · FY 2024
₹12.22 Cr
Net margin 43.3%
EBITDA · FY 2024
₹17.47 Cr
EBITDA margin 61.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
4
As per MCA filings
Active GSTINs
1
of 4 registered
About North Star Diagnostics Private Limited
Data last updated:
North Star Diagnostics Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 01 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33125GJ2021PTC119876. Its GSTIN is 24AAHCN4079J1Z6 (Gujarat). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Malay Ramesh Mahadevia and Sonali Malay Mahadevia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 12 – C Gyankunj Colony. Opp. St. Xaviers College Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.21 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹12.22 Cr (net margin 43.3%) and EBITDA of ₹17.47 Cr (EBITDA margin 61.9%).
North Star Diagnostics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0066054). For more details, the company can be reached via its website northstarlabs.in.
Company details
CIN U33125GJ2021PTC119876
Registration Number 119876
Incorporation Date 01 February 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0066054
Key People
Malay Ramesh Mahadevia Director Sonali Malay Mahadevia Director Bansari Malay Mahadevia Director Recognitions & Rankings of North Star Diagnostics
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0066054
Contact details
North Star Diagnostics Private Limited's registered office is in Ahmedabad, Gujarat. Its website is northstarlabs.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address12 – C Gyankunj Colony. Opp. St. Xaviers College Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
To see the full contact details of North Star Diagnostics Private Limited, buy the company report.
Comprehensive company report
North Star Diagnostics Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of North Star Diagnostics is hospital and medical care. In detail, this covers medical and dental practice, nursing, pathology, blood bank services, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q2 | Medical and dental practice, Nursing, pathology, blood bank services, etc. |
To see the full business activity and turnover split of North Star Diagnostics Private Limited, buy the company report.
Financials of North Star Diagnostics Private Limited
FY 2025 filings availableNorth Star Diagnostics Private Limited reported revenue of ₹28.21 Cr (up 39% YoY) for FY 2024.
Revenue · FY 2024
₹28.21 Cr ▲ 39%
Net profit · FY 2024
₹12.22 Cr margin 43.3%
EBITDA · FY 2024
₹17.47 Cr margin 61.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 39%
EBITDA CAGR growth
1 year
▲ 85%
Revenue rose 39% in the latest year. EBITDA rose 85% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
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| Total Expenses | ||||
| EBITDA | ₹17.47 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹12.22 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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| Inventories | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 61.9% | |||
| Net Profit Margin | 43.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of North Star Diagnostics Private Limited, buy the company report.
Board of directors of North Star Diagnostics Private Limited
North Star Diagnostics has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Malay Ramesh Mahadevia Also directs: North Star B2b Marketing LLP, North Star Corpcon LLP, North Star Learning and Development LLP and 5 more | Director | 03 May 2021 | 5 Years 6 Months | Current |
| Sonali Malay Mahadevia Also directs: Bethechange Entertainment LLP, North Star Entities Private Limited, Bethechange Entities Private Limited and 2 more | Director | 03 May 2021 | 5 Years 6 Months | Current |
| Bansari Malay Mahadevia Also directs: North Star B2b Marketing LLP, North Star Corpcon LLP, North Star Learning and Development LLP and 5 more | Director | 01 Feb 2021 | 5 Years 9 Months | Current |
| Tulsi Malay Mahadevia Also directs: North Star B2b Marketing LLP, North Star Corpcon LLP, North Star Learning and Development LLP and 4 more | Director | 01 Feb 2021 | 5 Years 9 Months | Current |
Auditor
North Star Diagnostics Private Limited is audited by Shah & Shah Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah & Shah Associates | FY 2022 | 113742W |
Shareholding
The shareholding of North Star Diagnostics Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of North Star Diagnostics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving North Star Diagnostics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for North Star Diagnostics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
North Star Diagnostics has 4 GST registrations: 1 active and 3 cancelled or inactive.
Total GSTINs
4
Active
1
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCN4079J1Z6 | Gujarat | Active | 16 Apr 2021 |
To see the full GST registrations and return filing status of North Star Diagnostics Private Limited, buy the company report.
Recent activity
North Star Diagnostics Private Limited has 6 board changes on record since 2021: 4 appointments and 2 cessations. The latest: Malay Ramesh Mahadevia ceased to be Additional Director on 20 Nov 2021.
AGM
North Star Diagnostics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
North Star Diagnostics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Malay Ramesh Mahadevia ceased to be Additional Director.
Ceased
Sonali Malay Mahadevia ceased to be Additional Director.
Appointed
Malay Ramesh Mahadevia was appointed as Director.
Appointed
Sonali Malay Mahadevia was appointed as Director.
Appointed
Bansari Malay Mahadevia was appointed as Director.
Appointed
Tulsi Malay Mahadevia was appointed as Director.
Incorporation
01 Feb 2021
North Star Diagnostics Private Limited was registered on 01 Feb 2021 with Roc Ahmedabad & aged 5 years 9 months as per MCA records.
Frequently asked questions
North Star Diagnostics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 01 February 2021 (5+ years old) and is registered under CIN U33125GJ2021PTC119876.
North Star Diagnostics has 4 current directors:
- Malay Ramesh Mahadevia - Director
- Sonali Malay Mahadevia - Director
- Bansari Malay Mahadevia - Director
- Tulsi Malay Mahadevia - Director
The latest financial statements of North Star Diagnostics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of North Star Diagnostics is 24AAHCN4079J1Z6, registered in Gujarat. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of North Star Diagnostics is U33125GJ2021PTC119876. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
North Star Diagnostics was incorporated on 01 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Malay Ramesh Mahadevia ceased to be Additional Director on 20 Nov 2021. Sonali Malay Mahadevia ceased to be Additional Director on 20 Nov 2021. Malay Ramesh Mahadevia was appointed as Director on 03 May 2021. North Star Diagnostics has 6 board changes on record in total.
Yes, North Star Diagnostics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, North Star Diagnostics is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0066054).
North Star Diagnostics can be reached through the website northstarlabs.in. Its registered office is in Ahmedabad, Gujarat, India.
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