About Max Lab Limited
Data last updated:
Max Lab Limited is a public limited company based in Delhi, India, a subsidiary of Max Healthcare Institute Limited. It operates in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 02 June 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U85100DL2021PLC381826. Its GSTIN is 07AAOCM6476H1ZW (Delhi). The company holds 10 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹40 Cr. It is led by directors including Arpan Malhotra (Whole-Time Director) and Vandana Ramesh Pakle.
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at N – 110 Panchsheel Park, Delhi, India – 110017.
As per the financials filed for FY 2025, the company reported a revenue of ₹168.61 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹19.41 Cr (net margin 11.5%) and EBITDA of ₹16.91 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 114% over three years.
The company has about 709 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Max Lab. As per MCA filings, the company has satisfied charges of ₹20.09 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 2 deals on record (2 rights issues); the latest was in May 2024. Its 10 peer companies in the Healthcare industry (Diagnostics and Pathology Labs) are compared by revenue, 5 larger and 5 smaller; the largest is House of Diagnostics Healthcare Private Limited.
For more details, the company can be reached via its website maxlab.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressN – 110 Panchsheel Park, Delhi, India – 110017
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
- 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 Max Lab Limited
The main business activity of Max Lab is hospital and medical care. In detail, this covers medical and dental practice, nursing, pathology, blood bank services, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q2 | Medical and dental practice, Nursing, pathology, blood bank services, etc. | 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 Max Lab Limited FY 2025 filings available
Max Lab Limited reported revenue of ₹168.61 Cr (up 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Max Lab Limited
Revenue has grown at a compounded annual rate (CAGR) of 114% over three years, including 28% growth in the latest year. EBITDA rose 155% 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 Max Lab Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹16.91 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.41 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 Max Lab Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 10% | •••• | •••• | •••• |
| Net Profit Margin | 11.5% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
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 Max Lab are in the company report.
Financial statements from FY 2022
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 Max Lab Limited
Max Lab Limited is compared with the companies closest to it by revenue in the Healthcare industry (Diagnostics and Pathology Labs). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| House of Diagnostics Healthcare Private Limited | •••• | •••• | •••• | •••• | 106 | Delhi, India |
| Regenix Drugs Limited | •••• | •••• | •••• | •••• | 777 | Chennai, Tamil Nadu, India |
| Unipath Specialty Laboratory Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Tenet Medcorp Private Limited | •••• | •••• | •••• | •••• | - | Balanagar, Telangana, India |
| Suburban Diagnostics (India) Private Limited | •••• | •••• | •••• | •••• | 689 | Mumbai, Maharashtra, India |
| Max Lab Limited this company | •••• | •••• | •••• | •••• | - | Delhi, India |
| Medall Healthcare Private Limited | •••• | •••• | •••• | •••• | 412 | Chennai, Tamil Nadu, India |
| Mahajan Imaging Private Limited | •••• | •••• | •••• | •••• | 708 | Delhi, India |
| Sonoscan Healthcare Private Limited | •••• | •••• | •••• | •••• | 381 | Malda, West Bengal, India |
| NM Diagnostics Private Limited | •••• | •••• | •••• | •••• | 170 | Mumbai, Maharashtra, India |
| Cotex Laxmi Healthcare Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Max Lab by revenue in the Healthcare industry (Diagnostics and Pathology Labs), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Max Lab Limited
Max Lab Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DELOITTE HASKINS & SELLS | 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 of Max Lab Limited
Max Lab has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandana Ramesh Pakle Also directs: Alexis Multi-Speciality Hospital Private Limited, Radiant Life Care Foundation, Jaypee Healthcare Limited and 3 more | Director | 02 Jun 2021 | 5 Years 4 Months | Current |
| Harinder Singh Chehal | Director | 02 Jun 2021 | 5 Years 4 Months | Current |
| Mradul Kaushik Also directs: Alexis Multi-Speciality Hospital Private Limited, Radiant Life Care Foundation, Jaypee Healthcare Limited and 2 more | Director | 02 Jun 2021 | 5 Years 4 Months | Current |
| Arpan Malhotra | Whole-Time Director | 09 Apr 2025 | 1 Years 5 Months | Current |
Ownership and Shareholding of Max Lab 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 Max Lab Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Apr 2022 | Others | ₹20.09 Lakh | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Max Lab Limited
Max Lab Limited has 2 deals on record (2 rights issues); the latest was in May 2024.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2024 | Rights issue | ₹20 Cr | Investors: Max Healthcare Institute Limited |
| Sep 2022 | Rights issue | ₹15 Cr | Investors: Max Healthcare Institute Limited |
Full deal history
All 2 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 Max Lab Limited
Max Lab Limited has 1 court case on record: 1 filed by Max Lab. All case is pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against Vein Healthcare Private Limited | Pending |
Full case history
All 1 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.
Associated Brands with Max Lab Limited
Max Lab operates one associated brand: Max Lab. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diagnostic testing, health checkups, and laboratory services in India. | maxlab.co.in |
Employees and EPFO Compliance at Max Lab Limited
Max Lab Limited has a workforce of 709 employees as of Apr 01, 2024.
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.
Recent Activity on Max Lab Limited
Max Lab Limited has 6 board changes on record since 2021: 4 appointments and 2 cessations. The latest: Arpan Malhotra was appointed as Whole-Time Director on 09 Apr 2025.
Credit Ratings, Litigation & Regulatory Alerts for Max Lab 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.
MSME Payment Delays by Max Lab Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Max Lab 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 Max Lab Limited
Max Lab has 10 GST registrations: 9 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAOCM6476H1ZW | Delhi | Active | 17 Jul 2021 |
| 05AAOCM6476H1Z0 | Uttarakhand | Active | 28 Sep 2021 |
| 06AAOCM6476H1ZY | Haryana | Active | 30 Sep 2021 |
| 03AAOCM6476H1Z4 | Punjab | Active | 05 Oct 2021 |
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 Max Lab 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 Max Lab Limited
Max Lab is an active public limited company based in Delhi, India. The company works in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 02 June 2021 (5+ years old) and is registered under CIN U85100DL2021PLC381826.
Max Lab reported revenue of ₹168.61 Cr for FY 2025 (up 28% YoY).
Max Lab has 4 current directors:
- Arpan Malhotra - Whole-Time Director
- Vandana Ramesh Pakle - Director
- Harinder Singh Chehal - Director
- Mradul Kaushik - Director
Max Lab reported a net profit of ₹19.41 Cr (net margin 11.5%) and EBITDA of ₹16.91 Cr (EBITDA margin 10%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Max Lab is 114% over three years. In the latest year (FY 2025) revenue rose 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Max Lab is 07AAOCM6476H1ZW, registered in Delhi. The company has 10 GST registrations in all, of which 9 are active and 1 is cancelled or inactive. Other active GSTINs include 05AAOCM6476H1Z0 (Uttarakhand), 06AAOCM6476H1ZY (Haryana), 03AAOCM6476H1Z4 (Punjab).
The CIN (Corporate Identification Number) of Max Lab is U85100DL2021PLC381826. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Max Lab has 1 court case on record: 1 filed by the company. 1 is pending.
Max Lab was incorporated on 02 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
Max Lab has 2 deals on record (2 rights issues); the latest was in May 2024.
The peers of Max Lab by revenue are House of Diagnostics Healthcare Private Limited, Regenix Drugs Limited, Unipath Specialty Laboratory Limited, Tenet Medcorp Private Limited, Suburban Diagnostics (India) Private Limited and 5 more, all in the Healthcare industry (Diagnostics and Pathology Labs).