About Padmashree Medicare Private Limited
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Padmashree Medicare Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 24 January 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA2000PTC026262. Its GSTIN is 29AABCP8617L1ZW (Karnataka).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹90.65 Lakh. It is led by directors including Shruthi Hanthur Sunilkumar (Managing Director) and Vijayakumar Thimmegowda (Whole-Time Director).
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 No. 97 17th Cross Mc Layout Vijayanagar, Bangalore, Karnataka, India – 560040.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.52 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.97 Cr (net margin 8.8%) and EBITDA of ₹3.83 Cr (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 7% over five years.
The company is associated with 1 brand: Padmashree Diagnostics. As per MCA filings, the company has open charges of ₹62.8 Cr and satisfied charges of ₹4.92 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website padmashree.in.
Company details
Contact details
Padmashree Medicare Private Limited's registered office is in Bangalore, Karnataka. Its website is padmashree.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 97 17th Cross Mc Layout Vijayanagar, Bangalore, Karnataka, India – 560040
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
To see the full contact details of Padmashree Medicare Private Limited, buy the company report.
- 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
Brands
Padmashree Medicare operates one associated brand: Padmashree Diagnostics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diagnostic services including testing and consultations are delivered in Bengaluru. | padmashree.in |
Business activity
The main business activity of Padmashree Medicare 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 Padmashree Medicare Private Limited, buy the company report.
Financials of Padmashree Medicare Private Limited
FY 2025 filings availablePadmashree Medicare Private Limited reported revenue of ₹22.52 Cr (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 6% growth in the latest year. EBITDA rose 7% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.83 Cr | ||||
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| Net Profit (PAT) | ₹1.97 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 17% | ||||
| Net Profit Margin | 8.8% | ||||
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To see the full financial statements and ratios of Padmashree Medicare Private Limited, buy the company report.
Board of directors of Padmashree Medicare Private Limited
Padmashree Medicare has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijayakumar Thimmegowda Also directs: Hombale Infrastructure Projects LLP, Hombale Films LLP, Hombale Entertainment LLP and 4 more | Whole-Time Director | 01 Aug 2017 | 9 Years 2 Months | Current |
| Talekere Kempegowda Narayanappa | Director | 24 Apr 2000 | 26 Years 6 Months | Current |
| Satish | Whole-Time Director | 24 Apr 2000 | 26 Years 6 Months | Current |
| Kodagahalli Ravichandra | Director | 24 Jan 2000 | 26 Years 9 Months | Current |
| Shruthi Hanthur Sunilkumar | Managing Director | 23 Aug 2010 | 16 Years 2 Months | Current |
Peer comparison
Padmashree Medicare Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Med Quest Diagnostics Private Limited | ₹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 | |||
| Sankar's Scans and Diagnostics Private Limited | ₹22.82 Cr (FY 2025) | 7.0% | Alappuzha, Kerala, India | |||
| Padmashree Medicare Private Limitedthis company | ₹22.52 Cr (FY 2024) | ₹1.97 Cr | 8.8% | 6.0% | Bangalore, Karnataka, India | |
| Devi Scans Pvt Ltd | ₹22.34 Cr (FY 2025) | -4.0% | Thiruvananthapuram, Kerala, India | |||
| Welkin Medicare Private Limited | ₹22.25 Cr (FY 2025) | -5.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Padmashree Medicare Private Limited, buy the company report.
Auditor
Padmashree Medicare Private Limited is audited by MURALI & VENKAT for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MURALI & VENKAT | FY 2022 | 002162S |
Shareholding
The shareholding of Padmashree Medicare Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Padmashree Medicare Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2025 | 101169173 | Others | ₹16.5 Cr | Open | |
| 15 May 2025 | 101148000 | Others | ₹1 Cr | Open | |
| 31 Dec 2022 | 100670943 | Others | ₹1.5 Cr | Open | |
| 13 Aug 2019 | 100303448 | Others | ₹40 Cr | Open | |
| 09 Jan 2012 | 10330178 | Corporation Bank | ₹3.8 Cr | Open |
To see the full charge records of Padmashree Medicare Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Padmashree Medicare Private Limited has 3 court cases on record: 1 filed by Padmashree Medicare, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Simplify Wellness India Pvt Limited and 3 others | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (A.I.R.MISC) | Filed against the company by an individual | Disposed |
To see the full case history of Padmashree Medicare 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 Padmashree Medicare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Padmashree Medicare has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCP8617L1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Padmashree Medicare Private Limited, buy the company report.
Recent activity
Padmashree Medicare Private Limited has 11 board changes on record since 2000: 5 appointments and 6 cessations. The latest: Ranjal Shenoy Rajesh ceased to be Director on 01 Feb 2018.
9 earlier events are in the company report.
Frequently asked questions
Padmashree Medicare is an active private limited company based in Bangalore, Karnataka, India. The company works in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 24 January 2000 (26+ years old) and is registered under CIN U85110KA2000PTC026262.
Padmashree Medicare has 5 current directors:
- Shruthi Hanthur Sunilkumar - Managing Director
- Vijayakumar Thimmegowda - Whole-Time Director
- Satish - Whole-Time Director
- Talekere Kempegowda Narayanappa - Director
- Kodagahalli Ravichandra - Director
The latest financial statements of Padmashree Medicare 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 Padmashree Medicare is 29AABCP8617L1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Padmashree Medicare is U85110KA2000PTC026262. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Padmashree Medicare has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
Padmashree Medicare was incorporated on 24 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Padmashree Medicare by revenue are Med Quest Diagnostics Private Limited, Matrix Imaging Solutions India Private Limited, Sankar's Scans and Diagnostics Private Limited, Devi Scans Pvt Ltd, Welkin Medicare Private Limited, all in the Healthcare industry (Diagnostics and Pathology Labs), with the same principal business activity (other hospital and medical care activities).
Ranjal Shenoy Rajesh ceased to be Director on 01 Feb 2018. Shruthi Hanthur Sunilkumar ceased to be Whole-Time Director on 01 Aug 2017. Vijayakumar Thimmegowda was appointed as Whole-Time Director on 01 Aug 2017. Padmashree Medicare has 11 board changes on record in total.
Padmashree Medicare can be reached through the website padmashree.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Padmashree Medicare is at No. 97 17th Cross Mc Layout Vijayanagar, Bangalore, Karnataka, India – 560040.
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