Must & More Diagnostics Private Limited
About Must & More Diagnostics Private Limited
Data last updated:
Must & More Diagnostics Private Limited is a private limited company based in Delhi, India, a subsidiary of Satyakiran Healthcare Private Limited. It operates in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 19 June 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1990PTC040560.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.66 Lakh. It was formerly known as Bimal Hospital Private Limited. It is led by directors Daksh Gupta and Bindu Gupta.
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 17/1 Main Rohtak Roadnangloi, Delhi, India – 110041.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.81 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹24,265 (net margin 0.1%) and EBITDA of ₹22.02 Lakh (EBITDA margin 7.8%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹6.62 Lakh and satisfied charges of ₹8.82 Cr on record. Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address17/1 Main Rohtak Roadnangloi, Delhi, India – 110041
- 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 Must & More Diagnostics Private Limited
The main business activity of Must & More Diagnostics is human health and social work activities. In detail, this covers human health activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Human health and social work activities | 86 | Human health activities | 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 Must & More Diagnostics Private Limited FY 2024 filings available
Must & More Diagnostics Private Limited reported revenue of ₹2.81 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Must & More Diagnostics Private Limited
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 367% 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 Must & More 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 | ₹22.02 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24,265 | •••• | •••• | •••• | •••• |
| 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 Must & More Diagnostics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 Must & More Diagnostics are in the company report.
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.
Peer Comparison of Must & More Diagnostics Private Limited
Must & More 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 |
|---|---|---|---|---|---|---|
| Atrium Diagnostics and Health Care Services Private Limited | ₹2.86 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Siliguri, West Bengal, India |
| Janta Diagnostic Centre Private Limited | ₹2.84 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Sujivan Healthcare Private Limited | ₹2.83 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Patna, Bihar, India |
| Panchasheel Medical Services Private Limited | ₹2.82 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Secunderabad, Telangana, India |
| Ram Kamal Healthcare Private Limited | ₹2.81 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Noida, Uttar Pradesh, India |
| Must & More Diagnostics Private Limited this company | ₹2.81 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Delhi, India |
| Svasthya Clinics Private Limited | ₹2.81 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Bhubaneswar, Odisha, India |
| Mishribai Mohanlal Medical Centre Private Limited | ₹2.8 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Vibrant Impetuss Private Limited | ₹2.8 Cr (FY 2024) | •••• | •••• | 1291.0% | •••• | Kolkata, West Bengal, India |
| Vachana Diagnostics Private Limited | ₹2.8 Cr (FY 2024) | •••• | •••• | •••• | Hubli, Karnataka, India | |
| Cadmus Healthcare Private Limited | ₹2.8 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Must & More 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 Must & More Diagnostics Private Limited
Must & More Diagnostics Private Limited is audited by TU & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| TU & CO. | 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 Must & More Diagnostics Private Limited
Must & More Diagnostics has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bindu Gupta | Additional Director | 17 Dec 2024 | 1 Years 9 Months | Current |
| Daksh Gupta Also directs: Webrad Teleradiology LLP, Iconic Diagnostic Private Limited, Satyakiran Healthcare Private Limited and 3 more | Director | 01 Jun 2018 | 8 Years 4 Months | Current |
Ownership and Shareholding of Must & More Diagnostics Private 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 Must & More Diagnostics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 May 2008 | Icici Bank Limited | ₹6.62 Lakh | Open |
| 29 Jul 2019 | Others | ₹75 Lakh | Satisfied |
| 06 Apr 2015 | Yes Bank Limited | ₹3.67 Cr | Satisfied |
| 21 Jun 2013 | Electronica Finance Limited | ₹11.18 Lakh | Satisfied |
| 17 May 2013 | Ge Capital Services India | ₹4.29 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Must & More Diagnostics Private Limited
Must & More Diagnostics Private Limited has 10 court cases on record: 2 filed by Must & More Diagnostics, 8 filed against it. 4 cases are pending and 6 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 4 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Transasia Bio-Medicals Limited | Disposed |
| District court, Central, Delhi | Civil suit | Filed by the company against Citi Securities and Financial Services Private Limited | Disposed |
| District court, North West, Delhi | Civil suit | Filed against the company by State | Pending |
| District court, North West, Delhi | Civil suit | Filed against the company by State | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Govt. of NCT of Delhi & Ors | Disposed |
Full case history
All 10 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.
MSME Payment Delays by Must & More Diagnostics Private Limited
Must & More Diagnostics Private Limited has 2 MSME Form 1 returns on record between 2021 and 2024, listing 28 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Satyabhama Hospitals Private Limited | •••• | •••• | •••• |
| Webrad Teleradiology LLP | •••• | •••• | •••• |
| Ultra Tech Laboratories Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| SMS Water Grace BMW Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Must & More Diagnostics Private Limited
Employment history and EPFO contributions of people linked to Must & More Diagnostics.
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 Must & More Diagnostics Private Limited
Must & More Diagnostics Private Limited has 8 board changes on record since 1997: 4 appointments and 4 cessations. The latest: Amit Gupta ceased to be Director on 17 Dec 2024.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Must & More Diagnostics Private 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.
Subsidiaries & Group Companies of Must & More Diagnostics Private 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 Must & More Diagnostics Private Limited
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 Must & More Diagnostics Private 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 Must & More Diagnostics Private Limited
Must & More Diagnostics is an active private limited company based in Delhi, India. The company works in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 19 June 1990 (36+ years old) and is registered under CIN U74899DL1990PTC040560.
Must & More Diagnostics reported revenue of ₹2.81 Cr for FY 2025 (up 13% YoY).
Must & More Diagnostics has 2 current directors:
- Bindu Gupta - Additional Director
- Daksh Gupta - Director
Must & More Diagnostics reported a net profit of ₹24,265 (net margin 0.1%) and EBITDA of ₹22.02 Lakh (EBITDA margin 7.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Must & More Diagnostics is -19% over three years and -4% over five years. In the latest year (FY 2025) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Must & More Diagnostics is U74899DL1990PTC040560. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Must & More Diagnostics has 10 court cases on record: 2 filed by the company and 8 filed against it. 4 are pending. Most are in the district courts.
Must & More Diagnostics was incorporated on 19 June 1990, making it 36+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Must & More Diagnostics by revenue are Atrium Diagnostics and Health Care Services Private Limited, Janta Diagnostic Centre Private Limited, Sujivan Healthcare Private Limited, Panchasheel Medical Services Private Limited, Ram Kamal Healthcare Private Limited and 5 more, all in the Healthcare industry (Diagnostics and Pathology Labs).
Amit Gupta ceased to be Director on 17 Dec 2024. Bindu Gupta was appointed as Additional Director on 17 Dec 2024. Satya Pal Gupta ceased to be Managing Director on 20 May 2019. Must & More Diagnostics has 8 board changes on record in total.
Must & More Diagnostics has 2 MSME Form 1 returns on record between 2021 and 2024, listing 28 overdue payments to 10 micro and small suppliers. The latest return was filed on 30 Apr 2024.
The registered office of Must & More Diagnostics is at 171 Main Rohtak Roadnangloi, Delhi, India – 110041.