MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0131383
Kanva Diagnostic Services Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹77.43 Cr
▲ 15% YoY
Net profit · FY 2024
₹11.27 Cr
Net margin 14.5%
EBITDA · FY 2024
₹21.66 Cr
EBITDA margin 28%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹8.1 Lakh
Issued & subscribed
Open charges
₹7.8 Cr
Satisfied ₹60.8 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
212
Provident fund records
About Kanva Diagnostic Services Private Limited
Data last updated:
Kanva Diagnostic Services 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 11 December 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1998PTC024518. Its GSTIN is 29AABCK7403M2Z8 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹8.1 Lakh. It was formerly known as Kanva Diagnostics Services Private Limited. It is led by directors including Honganur Venkatappa Machegowda (Managing Director) and Vyshakh Honganur Venkatappa.
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 No. 02/10 Dr Rajkumar Road 4th N Block Rajajinagar, Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2024, the company reported a revenue of ₹77.43 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹11.27 Cr (net margin 14.5%) and EBITDA of ₹21.66 Cr (EBITDA margin 28%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 20% over five years.
The company has about 212 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kanva Diagnostics. As per MCA filings, the company has open charges of ₹7.8 Cr and satisfied charges of ₹60.8 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2020. The company has 9 MSME Form 1 returns on record between 2019 and 2023, listing 68 overdue payments to 28 micro and small suppliers.
Kanva Diagnostic Services Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0131383). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kanvadiagnostic.com.
Company details
CIN U85110KA1998PTC024518
Registration Number 024518
Incorporation Date 11 December 1998
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0131383
Key People
Honganur Venkatappa Machegowda Managing Director Vyshakh Honganur Venkatappa Director Vasudha Honganur Venkatappa Director Recognitions & Rankings of Kanva Diagnostic Services
Contact details
Kanva Diagnostic Services Private Limited's registered office is in Bangalore, Karnataka. Its website is kanvadiagnostic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 02/10 Dr Rajkumar Road 4th N Block Rajajinagar, Bangalore, Karnataka, India – 560010
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
To see the full contact details of Kanva Diagnostic Services Private Limited, buy the company report.
Comprehensive company report
Kanva Diagnostic Services 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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Brands
Kanva Diagnostic Services operates one associated brand: Kanva Diagnostics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diagnostic services are provided in healthcare, focusing on testing and consultations in Bengaluru. | kanvadiagnostic.com |
Business activity
The main business activity of Kanva Diagnostic Services is hospital and medical care. In detail, this covers hospital activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q1 | Hospital activities |
To see the full business activity and turnover split of Kanva Diagnostic Services Private Limited, buy the company report.
Financials of Kanva Diagnostic Services Private Limited
FY 2024 filings availableKanva Diagnostic Services Private Limited reported revenue of ₹77.43 Cr (up 15% YoY) for FY 2024.
Revenue · FY 2024
₹77.43 Cr ▲ 15%
Net profit · FY 2024
₹11.27 Cr margin 14.5%
EBITDA · FY 2024
₹21.66 Cr margin 28%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 18%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 24%
5 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 15% growth in the latest year. EBITDA rose 35% 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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| Total Expenses | |||||
| EBITDA | ₹21.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.27 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28% | ||||
| Net Profit Margin | 14.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Kanva Diagnostic Services Private Limited, buy the company report.
Board of directors of Kanva Diagnostic Services Private Limited
Kanva Diagnostic Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vyshakh Honganur Venkatappa | Director | 11 Jul 2001 | 25 Years 3 Months | Current |
| Honganur Venkatappa Machegowda | Managing Director | 11 Dec 1998 | 27 Years 10 Months | Current |
| Vasudha Honganur Venkatappa | Director | 11 Dec 1998 | 27 Years 10 Months | Current |
Auditor
Kanva Diagnostic Services Private Limited is audited by H.B.Sunil & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.B.Sunil & Co. | FY 2022 | 005103S |
Shareholding
The shareholding of Kanva Diagnostic Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kanva Diagnostic Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.8 Cr
Satisfied charges
₹60.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2024 | 101017755 | Others | ₹60.03 Lakh | Open | |
| 26 Mar 2024 | 100887936 | Canara Bank | ₹2.7 Cr | Open | |
| 22 Apr 2021 | 100445768 | State Bank of India | ₹4.5 Cr | Open | |
| 29 Dec 2017 | 100156393 | Others | ₹37.75 Cr | Satisfied | |
| 22 Mar 2017 | 100091040 | Syndicate Bank | ₹4.2 Cr | Satisfied |
To see the full charge records of Kanva Diagnostic Services Private Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Kanva Diagnostic Services Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2020.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kanva Diagnostic Services Private Limited has 3 court cases on record: 1 filed by Kanva Diagnostic Services, 2 filed against it. All cases are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Tax appeal | Filed against the company by The PR. Commissioner of Income Tax | Disposed |
| High Court of Karnataka | Tax appeal | Filed against the company by The PR. Commissioner of Income-Tax, | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The State of Karnataka Rep by Its Finance Secy | Disposed |
To see the full case history of Kanva Diagnostic Services 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.
Credit ratings & regulatory alerts
Kanva Diagnostic Services Private Limited was last rated by Crisil on 07 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 07 Oct 2020 |
To see the full credit ratings and regulatory alerts of Kanva Diagnostic Services Private Limited, buy the company report.
MSME payment delays
Kanva Diagnostic Services Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 68 overdue payments to 28 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 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Proline Medical Systems | |||
| Chayagraphics Healthcare Private Limited | |||
| Hindmed | |||
| an individual supplier | |||
| Kena Marketing Private Limited |
To see the full MSME payment records of Kanva Diagnostic Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kanva Diagnostic Services Private Limited has a workforce of 212 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
212
Active EPFO establishments
1
Employee growth
28.48%
GST
Kanva Diagnostic Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCK7403M2Z8 | Karnataka | Active | 14 Jun 2021 |
To see the full GST registrations and return filing status of Kanva Diagnostic Services Private Limited, buy the company report.
Recent activity
Kanva Diagnostic Services Private Limited has 4 board changes on record since 1998: 3 appointments and 1 cessation. The latest: Honganur Venkatappa Machegowda ceased to be Managing Director on 29 Mar 2019.
Charges
A charge with Others amounted to Rs. 60.03 Lakh with Charge ID 101017755 was registered on 30 Oct 2024.
AGM
Kanva Diagnostic Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 450.00 Lakh registered on 22 Apr 2021 with Charge ID 100445768 was modified on 23 Sep 2024.
Charges
A charge registered on 09 Jun 2009 via Charge ID 10164039 with Canara Bank was fully satisfied on 20 Jun 2024.
Filing
Kanva Diagnostic Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Canara Bank amounted to Rs. 270.00 Lakh with Charge ID 100887936 was registered on 26 Mar 2024.
Charges
A charge registered on 29 Dec 2017 via Charge ID 100156393 with Others was fully satisfied on 06 Jul 2021.
Charges
A charge with State Bank Of India amounted to Rs. 450.00 Lakh with Charge ID 100445768 was registered on 22 Apr 2021.
Charges
A charge with Canara Bank of Rs. 150.00 Lakh registered on 09 Jun 2009 with Charge ID 10164039 was modified on 15 Sep 2020.
Ceased
Honganur Venkatappa Machegowda ceased to be Managing Director.
Charges
A charge registered on 22 Mar 2017 via Charge ID 100091040 with Syndicate Bank was fully satisfied on 17 Mar 2018.
Charges
A charge with Others amounted to Rs. 3,775.00 Lakh with Charge ID 100156393 was registered on 29 Dec 2017.
22 earlier events are in the company report.
Frequently asked questions
Kanva Diagnostic Services 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 11 December 1998 (28+ years old) and is registered under CIN U85110KA1998PTC024518.
Kanva Diagnostic Services has 3 current directors:
- Honganur Venkatappa Machegowda - Managing Director
- Vyshakh Honganur Venkatappa - Director
- Vasudha Honganur Venkatappa - Director
The latest financial statements of Kanva Diagnostic Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kanva Diagnostic Services is 29AABCK7403M2Z8, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Kanva Diagnostic Services is U85110KA1998PTC024518. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanva Diagnostic Services has 3 court cases on record: 1 filed by the company and 2 filed against it.
Kanva Diagnostic Services was incorporated on 11 December 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.
Kanva Diagnostic Services has 1 deal on record (1 secondary share transfer); the latest was in March 2020.
Honganur Venkatappa Machegowda ceased to be Managing Director on 29 Mar 2019. Vyshakh Honganur Venkatappa was appointed as Director on 11 Jul 2001. Honganur Venkatappa Machegowda was appointed as Managing Director on 11 Dec 1998. Kanva Diagnostic Services has 4 board changes on record in total.
Yes, Kanva Diagnostic Services is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0131383).
Kanva Diagnostic Services has 9 MSME Form 1 returns on record between 2019 and 2023, listing 68 overdue payments to 28 micro and small suppliers. The latest return was filed on 28 Aug 2023.
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