MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-TS-09-0023947
Megsan Diagnostics Private Limited - healthcare in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹67.13 Cr
▼ 45% YoY
Net loss · FY 2023
₹53.43 Cr
Net margin -79.6%
EBITDA · FY 2023
-₹34.53 Cr
EBITDA margin -51.4%
Authorised capital
₹155 Cr
Registered with MCA
Paid-up capital
₹148.82 Cr
Issued & subscribed
Open charges
₹28.53 Cr
Satisfied ₹4.68 Cr
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
About Megsan Diagnostics Private Limited
Data last updated:
Megsan Diagnostics Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Megsan Healthcare Private Limited. It operates in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 06 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U85110TG2018PTC128173. Its GSTIN is 36AAMCM2197F1Z7 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹155 Cr and a paid-up capital of ₹148.82 Cr. It is led by directors Madireddy Jayapalreddy (Managing Director) and Madireddy Jyothirmai.
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 Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹67.13 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹53.43 Cr (net margin -79.6%) and EBITDA of -₹34.53 Cr (EBITDA margin -51.4%). Revenue has grown at a compounded annual rate (CAGR) of 696% over three years.
The company is associated with 1 brand: Megsan Diagnostics. As per MCA filings, the company has open charges of ₹28.53 Cr and satisfied charges of ₹4.68 Cr on record. Court records list 4 cases involving the company, including 4 filed against it. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹30.09 Cr; the latest was in March 2022. Its 3 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 2 smaller; the largest is Poorab Healthcare Solutions Private Limited with revenue of ₹13.5 Lakh.
Megsan Diagnostics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0023947). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website megsandiagnostics.com.
Company details
CIN U85110TG2018PTC128173
Registration Number 128173
Incorporation Date 06 November 2018
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Megsan Healthcare Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TS-09-0023947
Key People
Madireddy Jayapalreddy Managing Director Neeharika Makkuva Company Secretary Madireddy Jyothirmai Director Recognitions & Rankings of Megsan Diagnostics
Contact details
Megsan Diagnostics Private Limited's registered office is in Hyderabad, Telangana. Its website is megsandiagnostics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH No 6 – 3 – 347/12/A/10/1/8 Jaya Enclave, Dwarakapuri Colony Punjagutta, Hyderabad, Telangana, India – 500082
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
To see the full contact details of Megsan Diagnostics Private Limited, buy the company report.
Comprehensive company report
Megsan 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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Brands
Megsan Diagnostics operates one associated brand: Megsan Diagnostics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a chain of specialty diagnostic centers and pathology laboratories. | megsandiagnostics.com |
Business activity
The main business activity of Megsan 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 Megsan Diagnostics Private Limited, buy the company report.
Financials of Megsan Diagnostics Private Limited
FY 2024 filings availableMegsan Diagnostics Private Limited reported revenue of ₹67.13 Cr (down 45% YoY) for FY 2023.
Revenue · FY 2023
₹67.13 Cr ▼ 45%
Net loss · FY 2023
₹53.43 Cr margin -79.6%
EBITDA · FY 2023
-₹34.53 Cr margin -51.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 45%
3 years · compounded
▲ 696%
Revenue fell 45% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 696%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹67.13 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹34.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹53.43 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -51.4% | ||||
| Net Profit Margin | -79.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Megsan Diagnostics Private Limited, buy the company report.
Board of directors and KMP of Megsan Diagnostics Private Limited
Megsan Diagnostics Private Limited currently reports 2 directors and 1 key managerial person. 5 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeharika Makkuva Also directs: MRN Corporate Advisors LLP, M R Chowdhary Corporate Advisors LLP | Company Secretary | 17 Jul 2025 | 1 Years 3 Months | Current |
| Madireddy Jayapalreddy Also directs: Santhanu Healthcare Services LLP, Cadabams Megsan Diagnostics LLP, FD Tele Radiology Solutions LLP and 5 more | Managing Director | 06 Nov 2018 | 7 Years 11 Months | Current |
| Madireddy Jyothirmai Also directs: Santhanu Healthcare Services LLP, FD Tele Radiology Solutions LLP, Focus Diagnostics LLP and 5 more | Director | 06 Nov 2018 | 7 Years 11 Months | Current |
Peer comparison
Megsan Diagnostics 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 |
|---|---|---|---|---|---|---|
| Megsan Diagnostics Private Limitedthis company | ₹67.13 Cr (FY 2023) | -₹53.43 Cr | -79.6% | -45.0% | Hyderabad, Telangana, India | |
| Poorab Healthcare Solutions Private Limited | ₹13.5 Lakh (FY 2025) | -53.0% | Guwahati, Assam, India | |||
| Nector Imaging Private Limited | ₹12.69 Lakh (FY 2024) | Pataudi, Haryana, India | ||||
| Nurture Healthcare Private Limited | ₹12.65 Lakh (FY 2024) | -35.0% | New Delhi, Delhi, India |
To see the full peer comparison of Megsan Diagnostics Private Limited, buy the company report.
Auditor
Megsan Diagnostics Private Limited is audited by S M V M & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M V M & Associates | FY 2023 | 013784S |
Shareholding
The shareholding of Megsan Diagnostics Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Megsan Diagnostics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹28.53 Cr
Satisfied charges
₹4.68 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2021 | 100527066 | State Bank of India | ₹23 Cr | Open | |
| 29 Dec 2021 | 100527070 | Others | ₹4.72 Cr | Open | |
| 31 Jul 2021 | 100476959 | Others | ₹81 Lakh | Open | |
| 28 Oct 2022 | 100658189 | Axis Bank Limited | ₹4.68 Cr | Satisfied |
To see the full charge records of Megsan Diagnostics Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Megsan Diagnostics Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹30.09 Cr; the latest was in March 2022.
Total deals
4
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹30.09 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Megsan Healthcare Private Limited Seller: Megsan Labs Private Limited, 3 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Oct 2020 | Funding round | ₹18.06 Cr | Investors: Megsan Labs Private Limited |
| Aug 2020 | Funding round | ₹12.03 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Megsan Diagnostics Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Total cases
4
Filed against the company
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Arbitration matter | Filed against the company by M/S. Tejaswini Healthcare Services Private Limited. and 1 other | Disposed |
| High Court, TELANGANA | Arbitration matter | Filed against the company by M/S. Dakshayani Healthcare Services Private Limited and 1 other | Disposed |
| High Court, TELANGANA | Arbitration matter | Filed against the company by M/S. Kathyayani Healthcare Services Private Limited | Disposed |
| High Court, TELANGANA | Arbitration matter | Filed against the company by M/S. Manaswini Healthcare Servies Private Limited | Disposed |
To see the full case history of Megsan 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 Megsan Diagnostics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Megsan Diagnostics has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAMCM2197F1Z7 | Telangana | Active | 16 May 2019 |
To see the full GST registrations and return filing status of Megsan Diagnostics Private Limited, buy the company report.
Recent activity
Megsan Diagnostics Private Limited has 7 board changes on record since 2018: 3 appointments and 4 cessations. The latest: Neeharika Makkuva was appointed as Company Secretary on 17 Jul 2025.
Appointed
Neeharika Makkuva was appointed as Company Secretary.
Ceased
Neeharika Makkuva ceased to be Company Secretary.
Charges
A charge registered on 28 Oct 2022 via Charge ID 100658189 with Axis Bank Limited was fully satisfied on 29 Nov 2024.
AGM
Megsan Diagnostics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Megsan Diagnostics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.68 Cr with Charge ID 100658189 was registered on 28 Oct 2022.
Charges
A charge with State Bank Of India amounted to Rs. 23.00 Cr with Charge ID 100527066 was registered on 29 Dec 2021.
Charges
A charge with Others amounted to Rs. 4.72 Cr with Charge ID 100527070 was registered on 29 Dec 2021.
Charges
A charge with Others amounted to Rs. 0.81 Cr with Charge ID 100476959 was registered on 31 Jul 2021.
Ceased
Madireddy Jayapalreddy ceased to be Director.
Ceased
Abgar Barseyten ceased to be Additional Director.
Ceased
Keerthi Vardhan Reddy Vemula ceased to be Additional Director.
3 earlier events are in the company report.
Frequently asked questions
Megsan 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 06 November 2018 (8+ years old) and is registered under CIN U85110TG2018PTC128173.
Megsan Diagnostics has 3 current directors and KMP:
- Madireddy Jayapalreddy - Managing Director
- Madireddy Jyothirmai - Director
- Neeharika Makkuva - Company Secretary
The latest financial statements of Megsan 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 FY 2019 are in the company report.
The GSTIN of Megsan Diagnostics is 36AAMCM2197F1Z7, registered in Telangana. 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 Megsan Diagnostics is U85110TG2018PTC128173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Megsan Diagnostics has 4 court cases on record: 4 filed against it.
Megsan Diagnostics was incorporated on 06 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Megsan Diagnostics has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹30.09 Cr; the latest was in March 2022.
The peers of Megsan Diagnostics by revenue are Poorab Healthcare Solutions Private Limited, Nector Imaging Private Limited, Nurture Healthcare Private Limited, all in the Healthcare industry (Diagnostics and Pathology Labs), with the same principal business activity (other hospital and medical care activities).
Neeharika Makkuva was appointed as Company Secretary on 17 Jul 2025. Neeharika Makkuva ceased to be Company Secretary on 28 Mar 2025. Madireddy Jayapalreddy ceased to be Director on 03 Mar 2021. Megsan Diagnostics has 7 board changes on record in total.
Yes, Megsan Diagnostics is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-09-0023947).