About Dr.Ganesan's Hitech Diagnostic Centre Private Limited
Data last updated:
Dr.Ganesan's Hitech Diagnostic Centre Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 18 February 2009.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U93000TN2009PTC070768.
The company had an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.22 Cr. It was led by directors including Subramanian Ganesan (Managing Director) and Ameera Sushil Shah.
Its last annual general meeting (AGM) was held on 22 October 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at # 1 Millers Road Kilpauk, Chennai, Tamil Nadu, India – 600010.
As per the financials filed for FY 2021, the company reported a revenue of ₹112.44 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹28.69 Cr (net margin 25.5%) and EBITDA of ₹43.39 Cr (EBITDA margin 38.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 16% over five years.
The company had about 692 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 2 subsidiaries.
The company was associated with 2 brands: HiTech Labs and Hitech. As per MCA filings, the company had satisfied charges of ₹3 Cr on record. Court records list 13 cases involving the company, including 13 filed against it. The company has 3 deals on record (2 funding rounds, 1 acquisition), with disclosed funding of ₹4.57 Cr; the latest was in October 2021.
The last known website on record is hitechlabsindia.com.
Company details
Contact details
Dr.Ganesan's Hitech Diagnostic Centre Private Limited's registered office is in Chennai, Tamil Nadu. Its website is hitechlabsindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address# 1 Millers Road Kilpauk, Chennai, Tamil Nadu, India – 600010
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
To see the full contact details of Dr.Ganesan's Hitech Diagnostic Centre Private Limited, buy the company report.
- 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
Brands
Dr.Ganesan's Hitech Diagnostic Centre operates two associated brands: HiTech Labs and HITECH. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Potato farming, grain marketing, and equipment services in Maine. | hitechlabsindia.com | |
| Chain of diversified clinical laboratory centers | hitechlabsindia.in |
Business activity
The main business activity of Dr.Ganesan's Hitech Diagnostic Centre 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 Dr.Ganesan's Hitech Diagnostic Centre Private Limited, buy the company report.
Financials of Dr.Ganesan's Hitech Diagnostic Centre Private Limited
FY 2021 filings availableDr.Ganesan's Hitech Diagnostic Centre Private Limited reported revenue of ₹112.44 Cr (up 48% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 48% growth in the latest year. EBITDA rose 142% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹112.44 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹43.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.69 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.6% | ||||
| Net Profit Margin | 25.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Dr.Ganesan's Hitech Diagnostic Centre Private Limited, buy the company report.
Board of directors of Dr.Ganesan's Hitech Diagnostic Centre Private Limited
Dr.Ganesan's Hitech Diagnostic Centre has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramanian Ganesan Also directs: Vishwak Value Homes LLP, RBC Healthcare Services LLP, Spire Labs India Private Limited and 1 more | Managing Director | 18 Feb 2009 | 17 Years 8 Months | As last reported |
| Ameera Sushil Shah | Director | 09 Nov 2021 | 5 Years 0 Months | As last reported |
| Rakesh Kumar Agarwal Also directs: One Helix Limited, JSW Ventures Trustee Private Limited | Director | 22 Oct 2021 | 5 Years 0 Months | As last reported |
| Alangadan Kannan | Director | 22 Oct 2021 | 5 Years 0 Months | As last reported |
Shareholding
The shareholding of Dr.Ganesan's Hitech Diagnostic Centre Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dr.Ganesan's Hitech Diagnostic Centre Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2015 | 10614079 | Axis Bank Limited | ₹3 Cr | Satisfied |
To see the full charge records of Dr.Ganesan's Hitech Diagnostic Centre Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Dr.Ganesan's Hitech Diagnostic Centre Private Limited has 3 deals on record (2 funding rounds, 1 acquisition), with disclosed funding of ₹4.57 Cr; the latest was in October 2021.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Acquisition | ₹617.42 Cr | Buyer: Metropolis Healthcare Limited |
| Jan 2012 | Funding round | ₹2.19 Cr | Investors: an individual |
| Jul 2011 | Funding round | ₹2.38 Cr | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dr.Ganesan's Hitech Diagnostic Centre Private Limited has 13 court cases on record: 13 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 13 | 0 |
Cases on record (2 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by M/S. Neuberg Hitech Laboratories Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Court case (OSA(CAD)) | Filed against the company by M/S. Neuberg Hitech Laboratories Pvt Ltd | Disposed |
To see the full case history of Dr.Ganesan's Hitech Diagnostic Centre Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Dr.Ganesan's Hitech Diagnostic Centre Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Dr.Ganesan's Hitech Diagnostic Centre has 2 subsidiary companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Centralab Healthcare Services Private Limited | U85110KA2011PTC057920 | |
| Spire Labs India Private Limited | U85195TZ2012PTC018650 |
To see the full group structure of Dr.Ganesan's Hitech Diagnostic Centre Private Limited, buy the company report.
GST
No GST registration is on our record for Dr.Ganesan's Hitech Diagnostic Centre Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Dr.Ganesan's Hitech Diagnostic Centre Private Limited has 10 board changes on record since 2009: 4 appointments and 6 cessations. The latest: Ameera Sushil Shah ceased to be Additional Director on 10 Jan 2022.
3 earlier events are in the company report.
Frequently asked questions
Dr.Ganesan's Hitech Diagnostic Centre has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Dr.Ganesan's Hitech Diagnostic Centre was a private limited company based in Chennai, Tamil Nadu, India. The company worked in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 18 February 2009 and is registered under CIN U93000TN2009PTC070768. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Dr.Ganesan's Hitech Diagnostic Centre was incorporated on 18 February 2009. It is registered with the Registrar of Companies, Chennai.
Dr.Ganesan's Hitech Diagnostic Centre had 4 directors:
- Subramanian Ganesan - Managing Director
- Ameera Sushil Shah - Director
- Rakesh Kumar Agarwal - Director
- Alangadan Kannan - Director
The CIN (Corporate Identification Number) of Dr.Ganesan's Hitech Diagnostic Centre is U93000TN2009PTC070768. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Dr.Ganesan's Hitech Diagnostic Centre is at # 1 Millers Road Kilpauk, Chennai, Tamil Nadu, India – 600010.
Dr.Ganesan's Hitech Diagnostic Centre can be reached through the website hitechlabsindia.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Dr.Ganesan's Hitech Diagnostic Centre on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 22 October 2021. Year-wise statements from 2015 are in the company report.
Dr.Ganesan's Hitech Diagnostic Centre operated in the healthcare industry, in the diagnostic centers and pathology labs segment.
Dr.Ganesan's Hitech Diagnostic Centre has 3 deals on record (2 funding rounds, 1 acquisition), with disclosed funding of ₹4.57 Cr; the latest was in October 2021.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
