About Paliwal Medicare Private Limited
Data last updated:
Paliwal Medicare Private Limited was a private limited company based in Kanpur, Uttar Pradesh, India, operated as a subsidiary of Dr. Lal Pathlabs Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 13 April 2006.
The company was registered with the Registrar of Companies (ROC), Kanpur, under CIN U85110UP2006PTC031606. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Shankha Banerjee and Arvind Lal.
Its last annual general meeting (AGM) was held on 27 June 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 117/H – 1/02 Pandu Nagarkanpur – 25, Uttar Pradesh, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.89 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹53.6 Lakh (net margin 11%) and EBITDA of ₹97.3 Lakh (EBITDA margin 19.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
The company was associated with 1 brand: Dr Lal PathLabs. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in July 2017. Its 4 peer companies in the Healthcare industry (Diagnostics and Pathology Labs), with the same principal business activity (medical and dental practice, nursing, pathology, blood bank services, etc.) are compared by revenue, 2 larger and 2 smaller; the largest is Diachem Healthcare Private Limited with revenue of ₹4.95 Cr.
The last known website on record is lalpathlabs.com.
Company details
Contact details
Paliwal Medicare Private Limited's registered office is in Kanpur, Uttar Pradesh. Its website is lalpathlabs.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Apps
- Registered Address117/H – 1/02 Pandu Nagarkanpur – 25, Uttar Pradesh, India
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
To see the full contact details of Paliwal 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
Paliwal Medicare 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 Medicare 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 Medicare Private Limited, buy the company report.
Financials of Paliwal Medicare Private Limited
FY 2024 filings availablePaliwal Medicare Private Limited reported revenue of ₹4.89 Cr (down 11% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 18% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹97.3 Lakh | ||||
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| Net Profit (PAT) | ₹53.6 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.9% | ||||
| Net Profit Margin | 11% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Paliwal Medicare Private Limited, buy the company report.
Board of directors of Paliwal Medicare Private Limited
Paliwal Medicare has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankha Banerjee Also directs: Paliwal Diagnostics Private Limited, Dr. Lal Ventures Private Limited, Pathlabs Unifiers Private Limited and 3 more | Director | 26 Oct 2017 | 9 Years 0 Months | As last reported |
| Arvind Lal Also directs: Dr. Lal Pathlabs Limited, Doon Mri Private Limited, Archana Pharmaceuticals Private Limited and 4 more | Director | 14 Aug 2008 | 18 Years 2 Months | As last reported |
| Mridula Paliwal | Director | 13 Apr 2006 | 20 Years 6 Months | As last reported |
Peer comparison
Paliwal Medicare Private Limited is compared with the 4 companies closest to it by revenue in the Healthcare industry (Diagnostics and Pathology Labs), with the same principal business activity (medical and dental practice, nursing, pathology, blood bank services, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Diachem Healthcare Private Limited | ₹4.95 Cr (FY 2024) | -3.0% | Thrissur, Kerala, India | |||
| Chandigarh Clinical Laboratories Private Limited | ₹4.93 Cr (FY 2025) | 10.0% | Chandigarh, India | |||
| Paliwal Medicare Private Limitedthis company | ₹4.89 Cr (FY 2023) | ₹53.6 Lakh | 11% | -11.0% | Kanpur, Uttar Pradesh, India | |
| Apex Lifecare Private Limited | ₹4.88 Cr (FY 2025) | 3.0% | Guwahati, Assam, India | |||
| Kumud Girish Hospitals Private Limited | ₹4.88 Cr (FY 2025) | 4.0% | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of Paliwal Medicare Private Limited, buy the company report.
Auditor
Paliwal Medicare Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2021 | 117366W/W100018 |
Shareholding
The shareholding of Paliwal Medicare Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Paliwal Medicare Private Limited, buy the company report.
Deals & funding
Paliwal Medicare Private Limited has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in July 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: Dr. Lal Pathlabs Limited Seller: 2 individuals |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2009 | Acquisition | Undisclosed | Buyer: Dr. Lal Pathlabs Limited Seller: 3 individuals |
| Aug 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
To see the full deal history of Paliwal Medicare Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Paliwal Medicare Private Limited has 2 court cases on record: 1 filed by Paliwal Medicare, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Allahabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| District court, Farrukhabad, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
To see the full case history of Paliwal 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 Paliwal Medicare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paliwal Medicare has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Paliwal Medicare Private Limited, buy the company report.
Recent activity
Paliwal Medicare Private Limited has 9 board changes on record since 2006: 3 appointments and 6 cessations. The latest: Ubharath ceased to be Additional Director on 23 Jun 2022.
News
Frequently asked questions
Paliwal Medicare has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Paliwal Medicare was a private limited company based in Kanpur, Uttar Pradesh, India. The company worked in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 13 April 2006 and is registered under CIN U85110UP2006PTC031606. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Paliwal Medicare was incorporated on 13 April 2006. It is registered with the Registrar of Companies, Kanpur.
Paliwal Medicare had 3 directors:
- Shankha Banerjee - Director
- Arvind Lal - Director
- Mridula Paliwal - Director
The CIN (Corporate Identification Number) of Paliwal Medicare is U85110UP2006PTC031606. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Paliwal Medicare is at 117H – 102 Pandu Nagarkanpur – 25, Uttar Pradesh, India.
Paliwal Medicare can be reached through the website lalpathlabs.com. Its registered office is in Kanpur, Uttar Pradesh, India.
The latest financial statements of Paliwal Medicare on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 June 2024. Year-wise statements from 2015 are in the company report.
No. Paliwal Medicare has 1 GST registration on record and it is cancelled or inactive.
Paliwal Medicare operated in the healthcare industry, in the diagnostic centers and pathology labs segment.
Paliwal Medicare has 6 deals on record (5 secondary share transfers, 1 acquisition); the latest was in July 2017.
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