- #204 Arvind Lal & family ₹18,000 Cr

About Paliwal Diagnostics Private Limited
Data last updated:
Paliwal Diagnostics Private Limited is a private limited company based in Kanpur, Uttar Pradesh, India, a subsidiary of Dr. Lal Pathlabs Limited. It operates in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 08 July 1997 and has been in existence for over 29 years.
Its director Arvind Lal and family are #204 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U26914UP1997PTC022257. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Shankha Banerjee and Arvind Lal.
Its last annual general meeting (AGM) was held on 01 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 117/H – 1/02 Pandu Nagar, Kanpur, Uttar Pradesh, India – 208025.
As per the financials filed for FY 2026, the company reported a revenue of ₹63.57 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹14.82 Cr (net margin 23.3%) and EBITDA of ₹21.38 Cr (EBITDA margin 33.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 12% over five years.
The company has about 212 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dr Lal PathLabs. As per MCA filings, the company has satisfied charges of ₹28.6 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending. The company has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in July 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lalpathlabs.com.
Company details
Recognitions & Rankings of Paliwal Diagnostics
Contact details
Paliwal Diagnostics Private Limited's registered office is in Kanpur, Uttar Pradesh. Its website is lalpathlabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address117/H – 1/02 Pandu Nagar, Kanpur, Uttar Pradesh, India – 208025
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
To see the full contact details of Paliwal Diagnostics 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
Paliwal Diagnostics operates one associated brand: Dr Lal PathLabs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Chain of pathology and radiology labs | lalpathlabs.com |
Business activity
The main business activity of Paliwal Diagnostics is hospital and medical care. In detail, this covers medical and dental practice, nursing, pathology, blood bank services, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q2 | Medical and dental practice, Nursing, pathology, blood bank services, etc. |
To see the full business activity and turnover split of Paliwal Diagnostics Private Limited, buy the company report.
Financials of Paliwal Diagnostics Private Limited
FY 2026 filings availablePaliwal Diagnostics Private Limited reported revenue of ₹63.57 Cr (up 13% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 13% growth in the latest year. EBITDA rose 8% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
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| Total Revenue | ₹63.57 Cr | ||||
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| EBITDA | ₹21.38 Cr | ||||
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| Net Profit (PAT) | ₹14.82 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.6% | ||||
| Net Profit Margin | 23.3% | ||||
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To see the full financial statements and ratios of Paliwal Diagnostics Private Limited, buy the company report.
Board of directors of Paliwal Diagnostics Private Limited
Paliwal Diagnostics has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankha Banerjee Also directs: Dr. Lal Ventures Private Limited, Pathlabs Unifiers Private Limited, Centrapath Labs Private Limited and 2 more | Director | 26 Oct 2017 | 9 Years 0 Months | Current |
| Arvind Lal Also directs: Dr. Lal Pathlabs Limited, Doon Mri Private Limited, Archana Pharmaceuticals Private Limited and 3 more | Director | 14 Aug 2008 | 18 Years 2 Months | Current |
| Umesh Paliwal | Director | 01 Dec 1997 | 28 Years 11 Months | Current |
| Mridula Paliwal | Director | 27 Jan 2025 | 1 Years 9 Months | Current |
| Ved Prakash Goel Also directs: Dr. Lal Ventures Private Limited, Pathlabs Unifiers Private Limited, Asv Associates Private Limited and 4 more | Director | 27 Jan 2025 | 1 Years 9 Months | Current |
Auditor
Paliwal Diagnostics Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2026 | 117366W/W-10018 |
Shareholding
The shareholding of Paliwal Diagnostics Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Paliwal Diagnostics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2005 | 90276118 | State Bank of India | ₹6.92 Lakh | Satisfied | |
| 22 Jul 2003 | 90275767 | State Bank of India | ₹3.21 Lakh | Satisfied | |
| 04 Jun 2002 | 90275582 | State Bank of India | ₹8.52 Lakh | Satisfied | |
| 30 Mar 2000 | 90275203 | State Bank of India | ₹9.95 Lakh | Satisfied |
To see the full charge records of Paliwal Diagnostics Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Paliwal Diagnostics Private Limited has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in July 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: Dr. Lal Pathlabs Limited Seller: 2 individuals |
| Sep 2009 | Acquisition | Undisclosed | Buyer: Dr. Lal Pathlabs Limited Seller: 3 individuals |
| Aug 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Paliwal Diagnostics Private Limited has 3 court cases on record: 3 filed by Paliwal Diagnostics. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kanpur Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed by the company against an individual | Pending |
| NCLT, Allahabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Allahabad | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Paliwal 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 Paliwal Diagnostics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Paliwal Diagnostics Private Limited has a workforce of 212 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Paliwal Diagnostics has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Paliwal Diagnostics Private Limited, buy the company report.
Recent activity
Paliwal Diagnostics Private Limited has 8 board changes on record since 1997: 5 appointments and 3 cessations. The latest: Mridula Paliwal was appointed as Director on 27 Jan 2025.
7 earlier events are in the company report.
News
Frequently asked questions
Paliwal Diagnostics is an active private limited company based in Kanpur, Uttar Pradesh, India. The company works in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 08 July 1997 (29+ years old) and is registered under CIN U26914UP1997PTC022257.
Paliwal Diagnostics has 5 current directors:
- Shankha Banerjee - Director
- Arvind Lal - Director
- Umesh Paliwal - Director
- Mridula Paliwal - Director
- Ved Prakash Goel - Director
The latest financial statements of Paliwal Diagnostics on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 01 June 2026. Year-wise statements from 2015 are in the company report.
No. Paliwal Diagnostics has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Paliwal Diagnostics is U26914UP1997PTC022257. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paliwal Diagnostics has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the nclt.
Paliwal Diagnostics was incorporated on 08 July 1997, making it 29+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Paliwal Diagnostics has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in July 2017.
Mridula Paliwal was appointed as Director on 27 Jan 2025. Ved Prakash Goel was appointed as Director on 27 Jan 2025. Ubharath ceased to be Additional Director on 23 Jun 2022. Paliwal Diagnostics has 8 board changes on record in total.
Paliwal Diagnostics can be reached through the website lalpathlabs.com. Its registered office is in Kanpur, Uttar Pradesh, India.

