About Diagnosearch Life Sciences Private Limited.
Data last updated:
Diagnosearch Life Sciences Private Limited. is a private limited company based in Thane, Maharashtra, India. It operates in the pharma contract r and d segment of the pharmaceuticals sector. It was incorporated on 29 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85195MH1995PTC094852. Its GSTIN is 27AAACD2920M1ZP (Maharashtra).
The company has an authorised share capital of ₹33.01 Cr and a paid-up capital of ₹6.43 Cr. It was formerly known as Igate Clinical Research International Private Limited. It is led by directors including Manisha Vasudeo Ginde (Managing Director) and Arati Girish Borkar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.46 Cr. For the same year it recorded a net profit of ₹11.57 Cr (net margin 19.1%) and EBITDA of ₹16.15 Cr (EBITDA margin 26.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 25% over five years.
The company is associated with 1 brand: DiagnoSearch Life Sciences. As per MCA filings, the company has satisfied charges of ₹24.67 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 8 deals on record (4 funding rounds, 3 secondary share transfers, 1 acquisition), with disclosed funding of ₹36.4 Cr; the latest was in October 2021. Its 10 peer companies in the Pharma industry (Contract Research) are compared by revenue, 5 larger and 5 smaller; the largest is Axxelent Pharma Science Private Limited with revenue of ₹64.29 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2024, listing 29 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website diagnosearch.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No. 702 7th Floor Dosti Pinnacle Plot No. E – 7 Road No. 22 Wagle Industr, Ial Estate, Thane, Maharashtra, India – 400604
- IndustryPharma, Pharma Contract R&D
- 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
- One PDF report, delivered after checkout
Business Activity of Diagnosearch Life Sciences Private Limited.
The main business activity of Diagnosearch Life Sciences Private Limited is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Diagnosearch Life Sciences Private Limited. FY 2024 filings available
Diagnosearch Life Sciences Private Limited. reported revenue of ₹60.46 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR) of Diagnosearch Life Sciences Private Limited.
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years. EBITDA fell 31% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Diagnosearch Life Sciences Private Limited.
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹16.15 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.57 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Diagnosearch Life Sciences Private Limited.
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 19.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Diagnosearch Life Sciences Private Limited are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Diagnosearch Life Sciences Private Limited.
Diagnosearch Life Sciences Private Limited. is compared with the companies closest to it by revenue in the Pharma industry (Contract Research). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Axxelent Pharma Science Private Limited | ₹64.29 Cr (FY 2025) | •••• | •••• | 237.0% | •••• | Chennai, Tamil Nadu, India |
| Fortrea Clinical Development Private Limited | ₹64.26 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Bangalore, Karnataka, India |
| Thinq Pharma-Cro Limited | ₹62.89 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
| Lyrus Life Sciences Private Limited | ₹60.95 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Bangalore, Karnataka, India |
| Palamur Biosciences Private Limited | ₹60.63 Cr (FY 2023) | •••• | •••• | 39.0% | •••• | Secunderabad, Telangana, India |
| Diagnosearch Life Sciences Private Limited. this company | ₹60.46 Cr (FY 2025) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| MMSH Clinical Research Private Limited | ₹60.32 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| Auriga Research Private Limited | ₹59.48 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Pharmaffiliates Private Limited | ₹58.45 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Panchkula, Haryana, India |
| Alidac Pharmaceuticals Limited | ₹57.16 Cr (FY 2019) | •••• | •••• | -60.0% | •••• | Matoda, Gujarat, India |
| Eurofins Peenya Resources Private Limited | ₹56.82 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Bangalore - 560 058, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Diagnosearch Life Sciences Private Limited by revenue in the Pharma industry (Contract Research), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Diagnosearch Life Sciences Private Limited.
Diagnosearch Life Sciences Private Limited. is audited by B S R & CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & CO LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Diagnosearch Life Sciences Private Limited.
Diagnosearch Life Sciences Private Limited. currently reports 3 directors and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manisha Vasudeo Ginde Also directs: Vasus Foundation, Opus-Analytics Private Limited | Managing Director | 25 Aug 2008 | 18 Years 1 Months | Current |
| Arati Girish Borkar | Director | 18 Nov 2021 | 4 Years 10 Months | Current |
| Vinod Mattoo | Director | 22 Nov 2021 | 4 Years 10 Months | Current |
| Gajendra Sureshchandra Sharma Also directs: Vasus Foundation, Vidhyut Analytics Private Limited | Cfo | 14 Mar 2023 | 3 Years 6 Months | Current |
Ownership and Shareholding of Diagnosearch Life Sciences Private Limited.
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Diagnosearch Life Sciences Private Limited.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2021 | Hdfc Bank Limited | ₹17 Cr | Satisfied |
| 01 Oct 2012 | Tjsb Sahakari Bank Ltd. | ₹7 Cr | Satisfied |
| 30 Sep 2002 | Fiat Sundaram Finance Ltd. | ₹6 Lakh | Satisfied |
| 08 Jun 2001 | Citi Bank Na | ₹20.5 Lakh | Satisfied |
| 24 Apr 1996 | Maharashtra State Financial Corporation | ₹40 Lakh | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Diagnosearch Life Sciences Private Limited.
Diagnosearch Life Sciences Private Limited. has 8 deals on record (4 funding rounds, 3 secondary share transfers, 1 acquisition), with disclosed funding of ₹36.4 Cr; the latest was in October 2021.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2010 | Funding round | ₹15.42 Cr | Investors: JM Financial Private Equity, 3 individuals |
| Aug 2009 | Funding round | ₹15.22 Cr | Investors: JM Financial Private Equity |
| Aug 2009 | Secondary share transfer | Undisclosed | Buyer: JM Financial Private Equity Seller: Ginde Lifesciences Private Limited |
| Sep 2008 | Acquisition | ₹11.03 Cr | Buyer: Ginde Lifesciences Private Limited Seller: iGATE Inc, an individual |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Diagnosearch Life Sciences Private Limited.
Diagnosearch Life Sciences Private Limited. has 3 court cases on record: 2 filed by Diagnosearch Life Sciences Private Limited, 1 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax - 15 | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Diagnosearch Life Sciences Private Limited.
Diagnosearch Life Sciences Private Limited. has 7 MSME Form 1 returns on record between 2019 and 2024, listing 29 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Image Core Lab Private Limited | •••• | •••• | •••• |
| Kesen Language Bureau | •••• | •••• | •••• |
| Ab Cartridge Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Aradhana Enterprise | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Diagnosearch Life Sciences Private Limited.
Diagnosearch Life Sciences Private Limited operates one associated brand: DiagnoSearch Life Sciences. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Full-service CRO clinical development services are provided globally. | diagnosearch.com |
Employees and EPFO Compliance at Diagnosearch Life Sciences Private Limited.
Employment history and EPFO contributions of people linked to Diagnosearch Life Sciences Private Limited.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Diagnosearch Life Sciences Private Limited.
Recent Activity on Diagnosearch Life Sciences Private Limited.
Diagnosearch Life Sciences Private Limited. has 24 board changes on record since 2003: 14 appointments and 10 cessations. The latest: Gajendra Sureshchandra Sharma was appointed as CFO on 14 Mar 2023.
26 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Diagnosearch Life Sciences Private Limited.
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Diagnosearch Life Sciences Private Limited.
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Diagnosearch Life Sciences Private Limited.
Diagnosearch Life Sciences Private Limited has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD2920M1ZP | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Diagnosearch Life Sciences Private Limited.
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Diagnosearch Life Sciences Private Limited.
Diagnosearch Life Sciences Private Limited is an active private limited company based in Thane, Maharashtra, India. The company works in pharma contract r and d, within the pharma industry. It was incorporated on 29 November 1995 (31+ years old) and is registered under CIN U85195MH1995PTC094852.
Diagnosearch Life Sciences Private Limited reported revenue of ₹60.46 Cr for FY 2025.
Diagnosearch Life Sciences Private Limited has 4 current directors and KMP:
- Manisha Vasudeo Ginde - Managing Director
- Arati Girish Borkar - Director
- Vinod Mattoo - Director
- Gajendra Sureshchandra Sharma - Cfo
Diagnosearch Life Sciences Private Limited reported a net profit of ₹11.57 Cr (net margin 19.1%) and EBITDA of ₹16.15 Cr (EBITDA margin 26.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Diagnosearch Life Sciences Private Limited is 6% over three years and 25% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Diagnosearch Life Sciences Private Limited is 27AAACD2920M1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Diagnosearch Life Sciences Private Limited is U85195MH1995PTC094852. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Diagnosearch Life Sciences Private Limited has 3 court cases on record: 2 filed by the company and 1 filed against it.
Diagnosearch Life Sciences Private Limited was incorporated on 29 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Diagnosearch Life Sciences Private Limited has 8 deals on record (4 funding rounds, 3 secondary share transfers, 1 acquisition), with disclosed funding of ₹36.4 Cr; the latest was in October 2021.
The peers of Diagnosearch Life Sciences Private Limited by revenue are Axxelent Pharma Science Private Limited, Fortrea Clinical Development Private Limited, Thinq Pharma-Cro Limited, Lyrus Life Sciences Private Limited, Palamur Biosciences Private Limited and 5 more, all in the Pharma industry (Contract Research).
Gajendra Sureshchandra Sharma was appointed as CFO on 14 Mar 2023. Vinod Mattoo was appointed as Director on 22 Nov 2021. Arati Girish Borkar was appointed as Director on 18 Nov 2021. Diagnosearch Life Sciences Private Limited has 24 board changes on record in total.