MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KL-12-0005015
Polaris Diagnostics Private Limited - healthcare in Neyyattinkara, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.24 Cr
▲ 11% YoY
Net loss · FY 2025
₹48,218
Net margin -0.1%
EBITDA · FY 2025
₹45.86 Lakh
EBITDA margin 14.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.5 Cr
Satisfied ₹75 Lakh
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
About Polaris Diagnostics Private Limited
Data last updated:
Polaris Diagnostics Private Limited is a private limited company based in Neyyattinkara, Kerala, India. It operates in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 18 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U85195KL2012PTC032181.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajeev Rajappan Nair Jayasree and Sajeev Rajappan Nair Jayasree.
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 S V Tower Opp. District Hospital Kattakkada Road, Neyyattinkara, Kerala, India – 695121.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.24 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹48,218 (net margin -0.1%) and EBITDA of ₹45.86 Lakh (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹1.5 Cr and satisfied charges of ₹75 Lakh on record.
Polaris Diagnostics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-12-0005015). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website venadscans.com.
Company details
CIN U85195KL2012PTC032181
Registration Number 032181
Incorporation Date 18 September 2012
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-12-0005015
Recognitions & Rankings of Polaris Diagnostics
Contact details
Polaris Diagnostics Private Limited's registered office is in Neyyattinkara, Kerala. Its website is venadscans.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS V Tower Opp. District Hospital Kattakkada Road, Neyyattinkara, Kerala, India – 695121
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
To see the full contact details of Polaris Diagnostics Private Limited, buy the company report.
Comprehensive company report
Polaris 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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Secure checkout · GST invoice included
Business activity
The main business activity of Polaris Diagnostics 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 Polaris Diagnostics Private Limited, buy the company report.
Financials of Polaris Diagnostics Private Limited
FY 2024 filings availablePolaris Diagnostics Private Limited reported revenue of ₹3.24 Cr (up 11% YoY) for FY 2025.
Revenue · FY 2025
₹3.24 Cr ▲ 11%
Net loss · FY 2025
₹48,218 margin -0.1%
EBITDA · FY 2025
₹45.86 Lakh margin 14.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 11%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 122%
3 years · compounded
▲ 43%
5 years · compounded
▲ 29%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 11% growth in the latest year. EBITDA rose 122% 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 |
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| EBITDA | ₹45.86 Lakh | ||||
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| Net Profit (PAT) | -₹48,218 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 14.1% | ||||
| Net Profit Margin | -0.1% | ||||
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To see the full financial statements and ratios of Polaris Diagnostics Private Limited, buy the company report.
Board of directors of Polaris Diagnostics Private Limited
Polaris Diagnostics has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Rajappan Nair Jayasree | Director | 18 Sep 2012 | 14 Years 1 Months | Current |
| Sajeev Rajappan Nair Jayasree Also directs: Bharathi Scans and Labs Private Limited | Director | 05 Aug 2017 | 9 Years 2 Months | Current |
Peer comparison
Polaris Diagnostics 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 (other hospital and medical care activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BJN Healthcare Services Private Limited | ₹3.25 Cr (FY 2025) | -14.0% | Bangalore, Karnataka, India | |||
| Tidewater Healthcare Solutions Private Limited | ₹3.25 Cr (FY 2023) | 26.0% | Azhoor, Kerala, India | |||
| Polaris Diagnostics Private Limitedthis company | ₹3.24 Cr (FY 2025) | -₹48,218 | -0.1% | 11.0% | Neyyattinkara, Kerala, India | |
| Shri Raghav Health Care Private Limited | ₹3.24 Cr (FY 2025) | 22.0% | Hyderabad, Telangana, India | |||
| Excellas Clinics Private Limited | ₹3.24 Cr (FY 2025) | 47.0% | Thane, Maharashtra, India |
To see the full peer comparison of Polaris Diagnostics Private Limited, buy the company report.
Auditor
Polaris Diagnostics Private Limited is audited by Sekhar& Jayanthi for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sekhar& Jayanthi | FY 2023 | 0056375 |
Shareholding
The shareholding of Polaris Diagnostics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Polaris Diagnostics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.5 Cr
Satisfied charges
₹75 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jan 2024 | 100858256 | Others | ₹1.5 Cr | Open | |
| 19 Jan 2021 | 100421361 | Others | ₹75 Lakh | Satisfied |
To see the full charge records of Polaris Diagnostics Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Polaris Diagnostics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Polaris Diagnostics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Polaris Diagnostics Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Polaris Diagnostics Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Sajeev Rajappan Nair Jayasree ceased to be Additional Director on 28 Sep 2018.
Charges
A charge with Others of Rs. 149.76 Lakh registered on 10 Jan 2024 with Charge ID 100858256 was modified on 27 Aug 2025.
AGM
Polaris Diagnostics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Polaris Diagnostics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Charges
A charge with Others amounted to Rs. 149.76 Lakh with Charge ID 100858256 was registered on 10 Jan 2024.
Charges
A charge registered on 19 Jan 2021 via Charge ID 100421361 with Others was fully satisfied on 23 Mar 2023.
Charges
A charge with Others amounted to Rs. 75.00 Lakh with Charge ID 100421361 was registered on 19 Jan 2021.
Ceased
Sajeev Rajappan Nair Jayasree ceased to be Additional Director.
Ceased
Kamala Devi Ramachandran Pillai Shibu ceased to be Director.
Appointed
Sajeev Rajappan Nair Jayasree was appointed as Director.
Ceased
Thomas Chandy ceased to be Director.
Appointed
Rajeev Rajappan Nair Jayasree was appointed as Director.
Incorporation
18 Sep 2012
Polaris Diagnostics Private Limited was registered on 18 Sep 2012 with Roc Ernakulam & aged 14 years 1 month as per MCA records.
Frequently asked questions
Polaris Diagnostics is an active private limited company based in Neyyattinkara, Kerala, India. The company works in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 18 September 2012 (14+ years old) and is registered under CIN U85195KL2012PTC032181.
Polaris Diagnostics has 2 current directors:
- Rajeev Rajappan Nair Jayasree - Director
- Sajeev Rajappan Nair Jayasree - Director
The latest financial statements of Polaris Diagnostics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Polaris Diagnostics is U85195KL2012PTC032181. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polaris Diagnostics was incorporated on 18 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Polaris Diagnostics by revenue are BJN Healthcare Services Private Limited, Tidewater Healthcare Solutions Private Limited, Shri Raghav Health Care Private Limited, Excellas Clinics Private Limited, all in the Healthcare industry (Diagnostics and Pathology Labs), with the same principal business activity (other hospital and medical care activities).
Sajeev Rajappan Nair Jayasree ceased to be Additional Director on 28 Sep 2018. Kamala Devi Ramachandran Pillai Shibu ceased to be Director on 05 Aug 2017. Sajeev Rajappan Nair Jayasree was appointed as Director on 05 Aug 2017. Polaris Diagnostics has 5 board changes on record in total.
Yes, Polaris Diagnostics is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-12-0005015).
Polaris Diagnostics can be reached through the website venadscans.com. Its registered office is in Neyyattinkara, Kerala, India.
The registered office of Polaris Diagnostics is at S V Tower Opp. District Hospital Kattakkada Road, Neyyattinkara, Kerala, India – 695121.
Polaris Diagnostics operates in the healthcare industry, in the diagnostic centers and pathology labs segment.