Muse Diagnostics Private Limited

Muse Diagnostics Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U33208KA2016PTC095997 Incorporated 26 August 2016 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company healthcare MSME · Micro
Revenue · FY 2024
₹4.02 Lakh
▼ 93% YoY
Net loss · FY 2024
₹66.51 Lakh
Latest filing
EBITDA · FY 2024
-₹64.05 Lakh
Latest filing
Authorised capital
₹42.07 Lakh
Registered with MCA
Paid-up capital
₹9.29 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Muse Diagnostics Private Limited

Data last updated:

Muse Diagnostics Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 26 August 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33208KA2016PTC095997. Its GSTIN is 29AAKCM5279N1ZI (Karnataka).

The company has an authorised share capital of ₹42.07 Lakh and a paid-up capital of ₹9.29 Lakh. It is led by directors including Arvind Badrinarayanan and Megha Bhagat.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.02 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹66.51 Lakh and EBITDA of -₹64.05 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 23% over five years.

The company is associated with 1 brand: Muse Inc. The company has 7 deals on record (4 funding rounds, 3 rights issues), with disclosed funding of ₹4.56 Cr; the latest was in December 2021.

Muse Diagnostics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0068874). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website museinc.in.

Company details

CIN U33208KA2016PTC095997
Registration Number 095997
Incorporation Date 26 August 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0068874
Key People
Arvind Badrinarayanan Director Megha Bhagat Director Sumukh Mysore Director

Recognitions & Rankings of Muse Diagnostics

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0068874

Contact details

Muse Diagnostics Private Limited's registered office is in Bangalore, Karnataka. Its website is museinc.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    museinc.in
  • Social Media
  • Registered Address
    No 111 10th Cross Road, 1st Stage, Bangalore, Karnataka, India – 560038
  • Industry
    Healthcare, HealthTech & Medical Tech Solutions

To see the full contact details of Muse Diagnostics Private Limited, buy the company report.

Comprehensive company report
Muse 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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Secure checkout · GST invoice included

Brands

Muse Diagnostics operates one associated brand: Muse Inc. Each brand links to its own profile.

BrandDescriptionWebsite
Muse Inc
A digital stethoscope is provided to detect cardiac anomalies.museinc.in

Business activity

The main business activity of Muse Diagnostics is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Muse Diagnostics Private Limited, buy the company report.

Financials of Muse Diagnostics Private Limited

FY 2025 filings available

Muse Diagnostics Private Limited reported revenue of ₹4.02 Lakh (down 93% YoY) for FY 2024.

Revenue · FY 2024
₹4.02 Lakh ▼ 93%
Net loss · FY 2024
₹66.51 Lakh
EBITDA · FY 2024
-₹64.05 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 93%
3 years · compounded
▼ 16%
5 years · compounded
▼ 23%
EBITDA CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 4%
5 years · compounded
▼ 74%

Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 93% fall in the latest year. EBITDA rose 58% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹64.05 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹66.51 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
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 Muse Diagnostics Private Limited, buy the company report.

Board of directors of Muse Diagnostics Private Limited

Muse Diagnostics has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Arvind Badrinarayanan
Also directs: Defy Educational Organisation
Director26 Aug 201610 Years 2 MonthsCurrent
Megha Bhagat
Also directs: Curated Legaltech Private Limited
Director13 Jun 20179 Years 5 MonthsCurrent
Sumukh MysoreDirector26 Aug 201610 Years 2 MonthsCurrent
View all directors

Auditor

Muse Diagnostics Private Limited is audited by A V Bhat & Associates for the financial year 2022.

Auditor firmFinancial yearFirm registration number
A V Bhat & AssociatesFY 2022023842S

Shareholding

The shareholding of Muse 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 categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Muse Diagnostics Private Limited, buy the company report.

Deals & funding

Muse Diagnostics Private Limited has 7 deals on record (4 funding rounds, 3 rights issues), with disclosed funding of ₹4.56 Cr; the latest was in December 2021.

Total deals
7
Funding rounds
4
Rights issues
3
Disclosed funding
₹4.56 Cr

Deals on record (5 of 7)

WhenDealAmountParties
Dec 2021Funding round₹37.2 LakhInvestors: C-Camp
Aug 2021Funding round · Seed₹3.88 CrInvestors: Beyond Next Ventures
Mar 2021Rights issue₹28 LakhInvestors: Brinc
Dec 2020Rights issue₹28 LakhInvestors: Maker Village
Nov 2020Rights issue₹10 LakhInvestors: an individual

To see the full deal history of Muse Diagnostics Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Muse Diagnostics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Muse Diagnostics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAKCM5279N1ZIKarnatakaActive02 Apr 2018

To see the full GST registrations and return filing status of Muse Diagnostics Private Limited, buy the company report.

Recent activity

Muse Diagnostics Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Megha Bhagat ceased to be Director on 29 Dec 2017.

AGM
Muse Diagnostics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Muse Diagnostics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Megha Bhagat ceased to be Director.
Appointed
Megha Bhagat was appointed as Director.
Appointed
Arvind Badrinarayanan was appointed as Director.
Appointed
Sumukh Mysore was appointed as Director.
Incorporation
26 Aug 2016
Muse Diagnostics Private Limited was registered on 26 Aug 2016 with Roc Bangalore & aged 10 years 2 months as per MCA records.

News

Frequently asked questions

Muse Diagnostics is an active private limited company based in Bangalore, Karnataka, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 26 August 2016 (10+ years old) and is registered under CIN U33208KA2016PTC095997.

Muse Diagnostics has 3 current directors:

The latest financial statements of Muse Diagnostics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Muse Diagnostics is 29AAKCM5279N1ZI, registered in Karnataka.

The CIN (Corporate Identification Number) of Muse Diagnostics is U33208KA2016PTC095997. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Muse Diagnostics was incorporated on 26 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.

Muse Diagnostics has 7 deals on record (4 funding rounds, 3 rights issues), with disclosed funding of ₹4.56 Cr; the latest was in December 2021.

Megha Bhagat ceased to be Director on 29 Dec 2017. Megha Bhagat was appointed as Director on 13 Jun 2017. Arvind Badrinarayanan was appointed as Director on 26 Aug 2016. Muse Diagnostics has 4 board changes on record in total.

Yes, Muse Diagnostics is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0068874).

Muse Diagnostics can be reached through the website museinc.in. Its registered office is in Bangalore, Karnataka, India.