- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0017077

About Isha Diagnostics and Research Private Limited
Data last updated:
Isha Diagnostics and Research Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 29 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA2006PTC039571.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Jaikusum Balakrishna Shetty (Whole-Time Director) and Pilar Balakrishna Shetty.
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 No 31 Ground Floor II Main Sampige Road Malleshwaram, Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2024, the company reported a revenue of ₹6 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹34.26 Lakh (net margin 5.7%) and EBITDA of ₹1.05 Cr (EBITDA margin 17.4%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 4% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ISHA Diagnostics. As per MCA filings, the company has open charges of ₹3.18 Cr and satisfied charges of ₹7.22 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
Isha Diagnostics and Research Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0017077). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ishadiagnostics.com.
Company details
Recognitions & Rankings of Isha Diagnostics and Research
Contact details
Isha Diagnostics and Research Private Limited's registered office is in Bangalore, Karnataka. Its website is ishadiagnostics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 31 Ground Floor II Main Sampige Road Malleshwaram, Bangalore, Karnataka, India – 560003
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
To see the full contact details of Isha Diagnostics and Research 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
Isha Diagnostics and Research operates one associated brand: ISHA Diagnostics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diagnostic services including MRI scans, CT scans, and blood testing in Bengaluru. | ishadiagnostics.com |
Business activity
The main business activity of Isha Diagnostics and Research is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Isha Diagnostics and Research Private Limited, buy the company report.
Financials of Isha Diagnostics and Research Private Limited
FY 2025 filings availableIsha Diagnostics and Research Private Limited reported revenue of ₹6 Cr (up 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 31% growth in the latest year. EBITDA rose 156% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.05 Cr | ||||
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| Net Profit (PAT) | ₹34.26 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 17.4% | ||||
| Net Profit Margin | 5.7% | ||||
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To see the full financial statements and ratios of Isha Diagnostics and Research Private Limited, buy the company report.
Board of directors of Isha Diagnostics and Research Private Limited
Isha Diagnostics and Research has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaikusum Balakrishna Shetty | Whole-Time Director | 27 Jan 2016 | 10 Years 9 Months | Current |
| Pilar Balakrishna Shetty | Director | 29 May 2006 | 20 Years 5 Months | Current |
Peer comparison
Isha Diagnostics and Research Private Limited is compared with the 3 companies closest to it by revenue in the Healthcare industry (Diagnostics and Pathology Labs), with the same principal business activity (other hospital and medical care activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maruti Healthcare Private Limited | ₹6.06 Cr (FY 2024) | -5.0% | Tiruvallur, Tamil Nadu, India | |||
| Indian Mri Diagnostic & Research Limited | ₹6.02 Cr (FY 2024) | -3.0% | Tamil Nadu, India | |||
| Isha Diagnostics and Research Private Limitedthis company | ₹6 Cr (FY 2024) | ₹34.26 Lakh | 5.7% | 31.0% | 6 | Bangalore, Karnataka, India |
| Unity Scans and Diagnostics Private Limited | ₹5.98 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Isha Diagnostics and Research Private Limited, buy the company report.
Auditor
Isha Diagnostics and Research Private Limited is audited by DEVA SHEELA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEVA SHEELA & ASSOCIATES | FY 2019 | 010758S |
Shareholding
The shareholding of Isha Diagnostics and Research Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Isha Diagnostics and Research Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2023 | 100753063 | Axis Bank Limited | ₹1 Cr | Open | |
| 21 Jan 2023 | 100671108 | Axis Bank Limited | ₹2.18 Cr | Open | |
| 16 Oct 2006 | 10022018 | Punjab National Bank | ₹3.62 Cr | Satisfied | |
| 16 Oct 2006 | 10023356 | Punjab National Bank | ₹3.6 Cr | Satisfied |
To see the full charge records of Isha Diagnostics and Research Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Isha Diagnostics and Research Private Limited has 3 court cases on record: 1 filed by Isha Diagnostics and Research, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by Mizuho Capsave Finance Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (AA) | Filed by the company against Ms Lalitha Healthcare P Ltd | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by M/S Anjan Distributors | Disposed |
To see the full case history of Isha Diagnostics and Research 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 Isha Diagnostics and Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Isha Diagnostics and Research Private Limited has a workforce of 6 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Isha Diagnostics and Research Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Isha Diagnostics and Research Private Limited has 7 board changes on record since 2006: 2 appointments and 5 cessations. The latest: Nandakishore Alva ceased to be Director on 01 Oct 2022.
4 earlier events are in the company report.
Frequently asked questions
Isha Diagnostics and Research is an active private limited company based in Bangalore, Karnataka, India. The company works in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 29 May 2006 (20+ years old) and is registered under CIN U85110KA2006PTC039571.
Isha Diagnostics and Research has 2 current directors:
- Jaikusum Balakrishna Shetty - Whole-Time Director
- Pilar Balakrishna Shetty - Director
The latest financial statements of Isha Diagnostics and Research 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Isha Diagnostics and Research is U85110KA2006PTC039571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Isha Diagnostics and Research has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
Isha Diagnostics and Research was incorporated on 29 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Isha Diagnostics and Research by revenue are Maruti Healthcare Private Limited, Indian Mri Diagnostic & Research Limited, Unity Scans and Diagnostics Private Limited, all in the Healthcare industry (Diagnostics and Pathology Labs), with the same principal business activity (other hospital and medical care activities).
Nandakishore Alva ceased to be Director on 01 Oct 2022. Venkataswami Manohar Paul ceased to be Director on 16 Feb 2017. Jaikusum Balakrishna Shetty ceased to be Additional Director on 30 Sep 2016. Isha Diagnostics and Research has 7 board changes on record in total.
Yes, Isha Diagnostics and Research is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0017077).
Isha Diagnostics and Research can be reached through the website ishadiagnostics.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Isha Diagnostics and Research is at No 31 Ground Floor II Main Sampige Road Malleshwaram, Bangalore, Karnataka, India – 560003.

