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 The company has 1 GST registration on record, which is no longer active.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 10 peer companies in the Healthcare industry (Diagnostics and Pathology Labs) are compared by revenue, 5 larger and 5 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 of Med Quest Diagnostics Private Limited
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 of Med Quest Diagnostics Private Limited
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
- EmailLocked
- TelephoneLocked
- 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
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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business Activity of Med Quest Diagnostics Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities | Locked |
Premium access
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 Med Quest Diagnostics Private Limited FY 2024 filings available
Med 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) of Med Quest Diagnostics Private Limited
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 of Med Quest Diagnostics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹4.26 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.34 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 Med Quest Diagnostics Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 Med Quest Diagnostics are in the company report.
Premium access
Financial statements from 2015
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.
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 of Med Quest Diagnostics Private Limited
Med Quest Diagnostics Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Diagnostics and Pathology Labs). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KG Smart Serve Private Limited | ₹24.13 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Chandigarh, India |
| Altona Diagnostics India Private Limited | ₹23.97 Cr (FY 2024) | •••• | •••• | 50.0% | •••• | New Delhi, Delhi, India |
| Ashok Laboratory Clinical Testing Centre Private Limited | ₹23.95 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Kolkata, West Bengal, India |
| Chemgenix Laboratories Private Limited | ₹23.72 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Hyderabad, Telangana, India |
| Sayre Therapeutics Private Limited | ₹23.68 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Somasundara Palya, Karnataka, India |
| Med Quest Diagnostics Private Limited this company | ₹23.62 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Hyderabad, Telangana, India |
| Matrix Imaging Solutions India Private Limited | ₹22.97 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Bangalore, Karnataka, India |
| Dortmund Laboratories Pvt Ltd | ₹22.93 Cr (FY 2023) | •••• | •••• | -26.0% | •••• | Dombiwali, Maharashtra, 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 |
| Aspira Pathlab & Diagnostics Limited Listed | ₹22.39 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Med Quest Diagnostics by revenue in the Healthcare industry (Diagnostics and Pathology Labs), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Med Quest Diagnostics Private Limited
Med Quest Diagnostics Private Limited is audited by V RAO & GOPI for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V RAO & GOPI | Locked | Locked | Locked |
Premium access
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.
Ownership and Shareholding of Med Quest Diagnostics Private Limited
Premium access
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 Med Quest Diagnostics Private Limited
Open charges
₹42.57 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2023 | Others | ₹2.81 Cr | Open |
| 30 Sep 2022 | Others | ₹6.65 Cr | Open |
| 27 Apr 2022 | Axis Bank Limited | ₹3.2 Cr | Open |
| 28 Feb 2022 | Others | ₹4.92 Cr | Open |
| 24 Dec 2021 | Yes Bank Limited | ₹63.16 Lakh | Open |
Total charge records: 22 View all charges
Deals & Funding of Med Quest Diagnostics Private Limited
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 |
Premium access
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 Med Quest Diagnostics Private Limited
Med Quest Diagnostics Private Limited has 20 court cases on record: 20 filed against it. 15 cases are pending and 5 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
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, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed against the company by Yes Bank Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Moneywise Financial Services Private Limited | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Siemens Financial Services Private Limited | Pending |
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed against the company by Yes Bank Limited | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Moneywise Financial Services Private Limited | Disposed |
Premium access
Full case history
All 20 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.
Employees and EPFO Compliance at Med Quest Diagnostics Private Limited
Med Quest Diagnostics Private Limited has a workforce of 118 employees as of Mar 29, 2024.
Employee count
118
Active EPFO establishments
1
Employee growth
-18.06%
Premium access
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.
Group Structure of Med Quest Diagnostics Private Limited
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
Recent Activity on Med Quest Diagnostics Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Med Quest Diagnostics Private Limited
Premium access
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 Med Quest Diagnostics Private Limited
Premium access
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 Med Quest Diagnostics Private Limited
Premium access
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 Med Quest Diagnostics Private Limited
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
Premium access
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 Med Quest Diagnostics Private Limited
Premium access
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 Med Quest Diagnostics Private Limited
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 reported revenue of ₹23.62 Cr for FY 2025 (down 15% YoY).
Med Quest Diagnostics has 3 current directors:
- Srinivasa Phanivarma Penumatsa - Managing Director
- Satish Kottakota - Additional Director
- Sita Rama Raju Vegiraju - Additional Director
Med Quest Diagnostics reported a net loss of ₹10.34 Cr (net margin -43.8%) and EBITDA of -₹4.26 Cr (EBITDA margin -18%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Med Quest Diagnostics is -13% over three years and 3% over five years. In the latest year (FY 2025) revenue fell 15%. CAGR is the steady yearly rate that links the first and the last year.
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, Altona Diagnostics India Private Limited, Ashok Laboratory Clinical Testing Centre Private Limited, Chemgenix Laboratories Private Limited, Sayre Therapeutics Private Limited and 5 more, all in the Healthcare industry (Diagnostics and Pathology Labs).