MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0165318
NM Diagnostics Private Limited - healthcare in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹140.34 Cr
▲ 40% YoY
Net profit · FY 2025
₹11.14 Cr
Net margin 7.9%
EBITDA · FY 2025
₹34.1 Cr
EBITDA margin 24.3%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹1.89 Cr
Issued & subscribed
Open charges
₹111.4 Cr
Satisfied ₹56.49 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
172
Provident fund records
About NM Diagnostics Private Limited
Data last updated:
NM Diagnostics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 23 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85110MH2004PTC145882. Its GSTIN is 27AADCR1280P2ZY (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1.89 Cr. It was formerly known as N. M. Health & Medical Tourism Pvt Ltd and Rahu Health and Medical Tourism Private Limited. It is led by directors including Rahil Nilesh Shah (Managing Director) and Athmanathan Ganesan.
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 Summer Villejunction Of 14 & 33 Road Bandra (W), Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2025, the company reported a revenue of ₹140.34 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹11.14 Cr (net margin 7.9%) and EBITDA of ₹34.1 Cr (EBITDA margin 24.3%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 27% over five years.
The company has about 172 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹111.4 Cr and satisfied charges of ₹56.49 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in March 2021. The company has 2 MSME Form 1 returns on record between 2022 and 2024, listing 27 overdue payments to 7 micro and small suppliers.
NM Diagnostics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0165318). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nmmedical.com.
Company details
CIN U85110MH2004PTC145882
Registration Number 145882
Incorporation Date 23 April 2004
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0165318
Name history
NM Diagnostics has undergone 2 name changes throughout its history. The company was previously known as N. M. Health & Medical Tourism Pvt Ltd, and Rahu Health And Medical Tourism Private Limited. The current legal name is Nm Diagnostics Private Limited.
| Company Name | Status |
|---|---|
| NM Diagnostics Private Limited | Current |
| N. M. Health & Medical Tourism Pvt Ltd | Previous |
| Rahu Health And Medical Tourism Private Limited | Previous |
Key People
Rahil Nilesh Shah Managing Director Athmanathan Ganesan Director Nilesh Mohanlal Shah Director Recognitions & Rankings of NM Diagnostics
Contact details
NM Diagnostics Private Limited's registered office is in Mumbai, Maharashtra. Its website is nmmedical.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSummer Villejunction Of 14 & 33 Road Bandra (W), Mumbai, Maharashtra, India – 400052
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
To see the full contact details of NM Diagnostics Private Limited, buy the company report.
Comprehensive company report
NM 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 NM Diagnostics is hospital and medical care. In detail, this covers hospital activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q1 | Hospital activities |
To see the full business activity and turnover split of NM Diagnostics Private Limited, buy the company report.
Financials of NM Diagnostics Private Limited
FY 2025 filings availableNM Diagnostics Private Limited reported revenue of ₹140.34 Cr (up 40% YoY) for FY 2025.
Revenue · FY 2025
₹140.34 Cr ▲ 40%
Net profit · FY 2025
₹11.14 Cr margin 7.9%
EBITDA · FY 2025
₹34.1 Cr margin 24.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 25%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 21%
5 years · compounded
▲ 17%
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 40% growth in the latest year. EBITDA rose 14% 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
| 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 | ₹140.34 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹34.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.14 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.3% | ||||
| Net Profit Margin | 7.9% | ||||
| 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 NM Diagnostics Private Limited, buy the company report.
Board of directors of NM Diagnostics Private Limited
NM Diagnostics has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Athmanathan Ganesan Also directs: Stakeboat Ventures LLP, Biosystems Diagnostics Private Limited, Neuberg Abha Laboratory Private Limited and 5 more | Director | 11 Feb 2026 | 0 Years 8 Months | Current |
| Nilesh Mohanlal Shah Also directs: Global Digital Pathlab LLP, N M Healthcare LLP, N M Healthcare Private Limited and 1 more | Director | 23 Apr 2004 | 22 Years 6 Months | Current |
| Kavya K Velu | Director | 11 Feb 2026 | 0 Years 8 Months | Current |
| Gomathy Babu Sadacharam Kulandaivelu Also directs: Stakeboat Ventures LLP, Biosystems Diagnostics Private Limited, Neuberg Abha Laboratory Private Limited and 5 more | Director | 11 Feb 2026 | 0 Years 8 Months | Current |
| Rahil Nilesh Shah Also directs: Global Digital Pathlab LLP, N M Healthcare LLP, N M Healthcare Private Limited and 4 more | Managing Director | 14 Jan 2008 | 18 Years 9 Months | Current |
Auditor
NM Diagnostics Private Limited is audited by Karnavat & Co. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Karnavat & Co. | FY 2025 | 104863W |
Shareholding
The shareholding of NM Diagnostics Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of NM Diagnostics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹111.4 Cr
Satisfied charges
₹56.49 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2026 | 101225625 | Citi Bank N.A. | ₹25 Cr | Open | |
| 27 Jan 2026 | 101225634 | Citi Bank N.A. | ₹10 Cr | Open | |
| 27 Jan 2026 | 101225629 | Citi Bank N.A. | ₹60 Cr | Open | |
| 19 Jan 2026 | 101222138 | Hdfc Bank Limited | ₹10 Cr | Open | |
| 26 Mar 2019 | 100257114 | Others | ₹6.4 Cr | Open |
To see the full charge records of NM Diagnostics Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
NM Diagnostics Private Limited has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in March 2021.
Total deals
4
Secondary share transfers
3
Acquisition
1
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2009 | Acquisition | ₹16 Lakh | Buyer: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
NM Diagnostics Private Limited has 1 court case on record: 1 filed by NM Diagnostics. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against C4 Integrated Wellness Private Limited and 1 other | Pending |
To see the full case history of NM 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.
Credit ratings & regulatory alerts
NM Diagnostics Private Limited was last rated by Crisil on 21 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 Jan 2020 |
To see the full credit ratings and regulatory alerts of NM Diagnostics Private Limited, buy the company report.
MSME payment delays
NM Diagnostics Private Limited has 2 MSME Form 1 returns on record between 2022 and 2024, listing 27 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Hi-Tech Surgical Systems LLP | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of NM Diagnostics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
NM Diagnostics Private Limited has a workforce of 172 employees on its EPFO records as of Nov 05, 2025, across 1 active EPFO establishment.
Employee count
172
Active EPFO establishments
1
Employee growth
14.67%
GST
NM 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 |
|---|---|---|---|
| 27AADCR1280P2ZY | Maharashtra | Active | 20 Sep 2024 |
To see the full GST registrations and return filing status of NM Diagnostics Private Limited, buy the company report.
Recent activity
NM Diagnostics Private Limited has 7 board changes on record since 2004: 5 appointments and 2 cessations. The latest: Athmanathan Ganesan was appointed as Director on 11 Feb 2026.
Appointed
Athmanathan Ganesan was appointed as Director.
Appointed
Gomathy Babu Sadacharam Kulandaivelu was appointed as Director.
Appointed
Kavya K Velu was appointed as Director.
Charges
A charge with Citi Bank N.A. amounted to Rs. 25.00 Cr with Charge ID 101225625 was registered on 27 Jan 2026.
Charges
A charge with Citi Bank N.A. amounted to Rs. 10.00 Cr with Charge ID 101225634 was registered on 27 Jan 2026.
Charges
A charge with Citi Bank N.A. amounted to Rs. 60.00 Cr with Charge ID 101225629 was registered on 27 Jan 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 101222138 was registered on 19 Jan 2026.
AGM
Nm Diagnostics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nm Diagnostics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 6.40 Cr with Charge ID 100257114 was registered on 26 Mar 2019.
Charges
A charge registered on 31 May 2017 via Charge ID 100115352 with Yes Bank Limited was fully satisfied on 22 Feb 2019.
Ceased
Rita Nilesh Shah ceased to be Additional Director.
17 earlier events are in the company report.
Frequently asked questions
NM Diagnostics is an active private limited company based in Mumbai, Maharashtra, India. The company works in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 23 April 2004 (22+ years old) and is registered under CIN U85110MH2004PTC145882.
NM Diagnostics has 5 current directors:
- Rahil Nilesh Shah - Managing Director
- Athmanathan Ganesan - Director
- Nilesh Mohanlal Shah - Director
- Kavya K Velu - Director
- Gomathy Babu Sadacharam Kulandaivelu - Director
The latest financial statements of NM 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 2015 are in the company report.
The GSTIN of NM Diagnostics is 27AADCR1280P2ZY, registered in Maharashtra. 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 NM Diagnostics is U85110MH2004PTC145882. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NM Diagnostics has 1 court case on record: 1 filed by the company. 1 is pending.
NM Diagnostics was incorporated on 23 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
NM Diagnostics has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in March 2021.
Athmanathan Ganesan was appointed as Director on 11 Feb 2026. Gomathy Babu Sadacharam Kulandaivelu was appointed as Director on 11 Feb 2026. Kavya K Velu was appointed as Director on 11 Feb 2026. NM Diagnostics has 7 board changes on record in total.
Yes, NM Diagnostics is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0165318).
NM Diagnostics has 2 MSME Form 1 returns on record between 2022 and 2024, listing 27 overdue payments to 7 micro and small suppliers. The latest return was filed on 25 Apr 2024.