MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-TS-02-0011568
Med Quest Diagnostics Private Limited - healthcare in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹23.62 Cr
▼ 15% YoY
Net loss · FY 2025
₹10.34 Cr
Net margin -43.8%
EBITDA · FY 2025
-₹4.26 Cr
EBITDA margin -18%
Authorised capital
₹5.25 Cr
Registered with MCA
Paid-up capital
₹5.15 Cr
Issued & subscribed
Open charges
₹42.57 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
118
Provident fund records
About Med Quest Diagnostics Private Limited
Data last updated:
Med Quest Diagnostics Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 01 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U85110TG2013PTC087426. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5.25 Cr and a paid-up capital of ₹5.15 Cr. It is led by directors including Srinivasa Phanivarma Penumatsa (Managing Director) and Satish Kottakota.
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 Med Quest Plot No:90 Sy No:228/229/1 Opp:Sbi(Madina Guda Branch) Chanda Nagar, Hyderabad, Telangana, India – 500050.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.62 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹10.34 Cr (net margin -43.8%) and EBITDA of -₹4.26 Cr (EBITDA margin -18%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 3% over five years.
The company has about 118 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹42.57 Cr on record. Court records list 20 cases involving the company, including 20 filed against it; 15 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in September 2017. Its 4 peer companies in the Healthcare industry (Diagnostics and Pathology Labs), with the same principal business activity (other hospital and medical care activities) are compared by revenue, 1 larger and 3 smaller; the largest is KG Smart Serve Private Limited with revenue of ₹24.13 Cr.
Med Quest Diagnostics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0011568). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medquestdiagnostics.com.
Company details
CIN U85110TG2013PTC087426
Registration Number 087426
Incorporation Date 01 May 2013
ROC Hyderabad
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-TS-02-0011568
CIN history
Med Quest Diagnostics has one previous CIN (Corporate Identification Number): U85110AP2013PTC087426. The current CIN is U85110TG2013PTC087426, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110TG2013PTC087426 | Current |
| U85110AP2013PTC087426 | Previous |
Key People
Srinivasa Phanivarma Penumatsa Managing Director Satish Kottakota Additional Director Sita Rama Raju Vegiraju Additional Director Recognitions & Rankings of Med Quest Diagnostics
Contact details
Med Quest Diagnostics Private Limited's registered office is in Hyderabad, Telangana. Its website is medquestdiagnostics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMed Quest Plot No:90 Sy No:228/229/1 Opp:Sbi(Madina Guda Branch) Chanda Nagar, Hyderabad, Telangana, India – 500050
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
To see the full contact details of Med Quest Diagnostics Private Limited, buy the company report.
Comprehensive company report
Med Quest Diagnostics 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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Business activity
The main business activity of Med Quest Diagnostics 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 Med Quest Diagnostics Private Limited, buy the company report.
Financials of Med Quest Diagnostics Private Limited
FY 2024 filings availableMed Quest Diagnostics Private Limited reported revenue of ₹23.62 Cr (down 15% YoY) for FY 2025.
Revenue · FY 2025
₹23.62 Cr ▼ 15%
Net loss · FY 2025
₹10.34 Cr margin -43.8%
EBITDA · FY 2025
-₹4.26 Cr margin -18%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 13%
5 years · compounded
▲ 3%
EBITDA CAGR growth
3 years · compounded
▼ 36%
5 years · compounded
▼ 24%
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹4.26 Cr | ||||
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| Net Profit (PAT) | -₹10.34 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18% | ||||
| Net Profit Margin | -43.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Med Quest Diagnostics Private Limited, buy the company report.
Board of directors of Med Quest Diagnostics Private Limited
Med Quest Diagnostics has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasa Phanivarma Penumatsa | Managing Director | 01 May 2013 | 13 Years 5 Months | Current |
| Satish Kottakota | Additional Director | 19 Jul 2021 | 5 Years 3 Months | Current |
| Sita Rama Raju Vegiraju Also directs: Maczon Engineering Services LLP, Buildnova Infra LLP, Rdmis Private Limited and 1 more | Additional Director | 30 May 2025 | 1 Years 4 Months | Current |
Peer comparison
Med Quest Diagnostics Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| KG Smart Serve Private Limited | ₹24.13 Cr (FY 2024) | -28.0% | Chandigarh, India | |||
| Med Quest Diagnostics Private Limitedthis company | ₹23.62 Cr (FY 2025) | -₹10.34 Cr | -43.8% | -15.0% | 118 | Hyderabad, Telangana, India |
| Matrix Imaging Solutions India Private Limited | ₹22.97 Cr (FY 2025) | -35.0% | Bangalore, Karnataka, India | |||
| Sankar's Scans and Diagnostics Private Limited | ₹22.82 Cr (FY 2025) | 7.0% | Alappuzha, Kerala, India | |||
| Padmashree Medicare Private Limited | ₹22.52 Cr (FY 2024) | 6.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Med Quest Diagnostics Private Limited, buy the company report.
Auditor
Med Quest Diagnostics Private Limited is audited by V RAO & GOPI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V RAO & GOPI | FY 2023 | 03153S |
Shareholding
The shareholding of Med Quest Diagnostics Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Med Quest Diagnostics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹42.57 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2023 | 100687070 | Others | ₹2.81 Cr | Open | |
| 30 Sep 2022 | 100629356 | Others | ₹6.65 Cr | Open | |
| 27 Apr 2022 | 100566876 | Axis Bank Limited | ₹3.2 Cr | Open | |
| 28 Feb 2022 | 100550582 | Others | ₹4.92 Cr | Open | |
| 24 Dec 2021 | 100524720 | Yes Bank Limited | ₹63.16 Lakh | Open |
Total charge records: 22 View all charges
Deals & funding
Med Quest Diagnostics Private Limited has 2 deals on record (2 secondary share transfers); the latest was in September 2017.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Med Quest Diagnostics Private Limited has 20 court cases on record: 20 filed against it. 15 cases are pending and 5 are disposed.
Total cases
20
Filed against the company
20
Pending
15
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 19 | 15 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Moneywise Financial Services Pvt Ltd | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed against the company by Yes Bank Ltd Rep by D Shyam Kumar Reddy | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Moneywise Financial Services Pvt Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Siemens Financial Services Pvt Ltd | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed against the company by Yes Bank Ltd, Rep by D. Shyam Kumar Reddy | Disposed |
To see the full case history of Med Quest Diagnostics 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 Med Quest Diagnostics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Med Quest Diagnostics has 3 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
3
Associated companies
Employees & EPFO
Med Quest Diagnostics Private Limited has a workforce of 118 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
118
Active EPFO establishments
1
Employee growth
-18.06%
GST
Med Quest Diagnostics has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Med Quest Diagnostics Private Limited, buy the company report.
Recent activity
Med Quest Diagnostics Private Limited has 9 board changes on record since 2013: 6 appointments and 3 cessations. The latest: Sita Rama Raju Vegiraju was appointed as Additional Director on 30 May 2025.
Appointed
Sita Rama Raju Vegiraju was appointed as Additional Director.
Ceased
Veera Venkata Rama Rao Remella ceased to be Director.
AGM
Med Quest Diagnostics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Med Quest Diagnostics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Others amounted to Rs. 2.81 Cr with Charge ID 100687070 was registered on 31 Jan 2023.
Charges
A charge with Others amounted to Rs. 6.65 Cr with Charge ID 100629356 was registered on 30 Sep 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 3.20 Cr with Charge ID 100566876 was registered on 27 Apr 2022.
Charges
A charge with Others amounted to Rs. 4.92 Cr with Charge ID 100550582 was registered on 28 Feb 2022.
Charges
A charge with Yes Bank Limited amounted to Rs. 0.63 Cr with Charge ID 100524720 was registered on 24 Dec 2021.
Charges
A charge with Others amounted to Rs. 4.33 Cr with Charge ID 100519330 was registered on 22 Dec 2021.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100508431 was registered on 01 Sep 2021.
Charges
A charge with Yes Bank Limited amounted to Rs. 0.33 Cr with Charge ID 100464645 was registered on 30 Jul 2021.
22 earlier events are in the company report.
Frequently asked questions
Med Quest Diagnostics is an active private limited company based in Hyderabad, Telangana, India. The company works in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 01 May 2013 (13+ years old) and is registered under CIN U85110TG2013PTC087426.
Med Quest Diagnostics has 3 current directors:
- Srinivasa Phanivarma Penumatsa - Managing Director
- Satish Kottakota - Additional Director
- Sita Rama Raju Vegiraju - Additional Director
The latest financial statements of Med Quest Diagnostics 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.
No. Med Quest Diagnostics has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Med Quest Diagnostics is U85110TG2013PTC087426. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Med Quest Diagnostics has 20 court cases on record: 20 filed against it. 15 are pending. Most are in the district courts.
Med Quest Diagnostics was incorporated on 01 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
Med Quest Diagnostics has 2 deals on record (2 secondary share transfers); the latest was in September 2017.
The peers of Med Quest Diagnostics by revenue are KG Smart Serve Private Limited, Matrix Imaging Solutions India Private Limited, Sankar's Scans and Diagnostics Private Limited, Padmashree Medicare Private Limited, all in the Healthcare industry (Diagnostics and Pathology Labs), with the same principal business activity (other hospital and medical care activities).
Sita Rama Raju Vegiraju was appointed as Additional Director on 30 May 2025. Veera Venkata Rama Rao Remella ceased to be Director on 30 May 2025. Satish Kottakota was appointed as Additional Director on 19 Jul 2021. Med Quest Diagnostics has 9 board changes on record in total.
Yes, Med Quest Diagnostics is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-02-0011568).