- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0008034

About Prognosys Medical Systems Private Limited
Data last updated:
Prognosys Medical Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 07 November 2003 and has been in existence for over 23 years.
Its director Sriram Natarajan and family are #579 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2003PTC032831. Its GSTIN is 29AADCP2070M1Z5 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4.15 Cr and a paid-up capital of ₹3.72 Cr. It is led by directors including Vajapeyam Krishna Prasad (Person Incharge) and Chandrasekhar Bhaskaran Nair.
Its last annual general meeting (AGM) was held on 07 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at No.249 Ground Floor Front Building 4th Main Road Chamrajpet, Bangalore, Karnataka, India – 560018.
As per the financials filed for FY 2026, the company reported a revenue of ₹151.21 Cr, a growth of 114% compared to the previous year. For the same year it recorded a net profit of ₹11.99 Cr (net margin 7.9%) and EBITDA of ₹29.46 Cr (EBITDA margin 19.5%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years and 47% over five years.
The company is associated with 1 brand: Prognosys Medical Systems. As per MCA filings, the company has open charges of ₹15.19 Cr and satisfied charges of ₹7.89 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 3 cases are pending. The company has 11 deals on record (6 funding rounds, 3 secondary share transfers, 2 acquisitions), with disclosed funding of ₹45.5 Cr; the latest was in March 2023. The company has 3 MSME Form 1 returns on record between 2022 and 2023, listing 323 overdue payments to 23 micro and small suppliers.
Prognosys Medical Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0008034). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prognosysmedical.com.
Company details
Recognitions & Rankings of Prognosys Medical Systems
- #579 Sriram Natarajan & family ₹5,800 Cr
Contact details
Prognosys Medical Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is prognosysmedical.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.249 Ground Floor Front Building 4th Main Road Chamrajpet, Bangalore, Karnataka, India – 560018
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Prognosys Medical Systems 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
Prognosys Medical Systems operates one associated brand: Prognosys Medical Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| High-end medical devices for radiology and imaging are manufactured. | prognosysmedical.com |
Business activity
The main business activity of Prognosys Medical Systems is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Prognosys Medical Systems Private Limited, buy the company report.
Financials of Prognosys Medical Systems Private Limited
FY 2026 filings availablePrognosys Medical Systems Private Limited reported revenue of ₹151.21 Cr (up 114% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 114% growth in the latest year. EBITDA rose 494% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹151.21 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹29.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.99 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
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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 | 19.5% | ||||
| Net Profit Margin | 7.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Prognosys Medical Systems Private Limited, buy the company report.
Board of directors of Prognosys Medical Systems Private Limited
Prognosys Medical Systems has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vajapeyam Krishna Prasad | Person Incharge | 03 Nov 2014 | 12 Years 0 Months | Current |
| Chandrasekhar Bhaskaran Nair Also directs: Molbio Diagnostics Limited, Molbio Diagnostics Limited, Bigtec Private Limited and 5 more | Director | 01 Mar 2023 | 3 Years 8 Months | Current |
| Sriram Natarajan Also directs: Exxora Trading LLP, Molbio Diagnostics Limited, Coreintegra Consulting Services Limited and 5 more | Director | 09 Mar 2017 | 9 Years 8 Months | Current |
| Prahalad Ashok | Director | 03 Mar 2014 | 12 Years 8 Months | Current |
Auditor
Prognosys Medical Systems Private Limited is audited by Nagar & Navada for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nagar & Navada | FY 2026 | 015832S |
Shareholding
The shareholding of Prognosys Medical Systems Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prognosys Medical Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2005 | 80039840 | State Bank of India | ₹15.19 Cr | Open | |
| 11 Oct 2019 | 100301593 | Canara Bank | ₹1.44 Cr | Satisfied | |
| 26 Mar 2019 | 100260739 | Canara Bank | ₹6.45 Cr | Satisfied |
To see the full charge records of Prognosys Medical Systems Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Prognosys Medical Systems Private Limited has 11 deals on record (6 funding rounds, 3 secondary share transfers, 2 acquisitions), with disclosed funding of ₹45.5 Cr; the latest was in March 2023.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Funding round | ₹24.61 Cr | Investors: Molbio Diagnostics Limited |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Molbio Diagnostics Limited Seller: Purushottam Financiers LLP , Somerset Indus Capital Partners, 2 individuals |
| Feb 2023 | Acquisition | Undisclosed | Buyer: Molbio Diagnostics Limited |
| Feb 2017 | Funding round | ₹4 Cr | Investors: Chayagraphics (India) Private Limited , Somerset Indus Capital Partners, Purushottam Financiers LLP |
| Aug 2010 | Funding round | ₹2.53 Cr | Investors: Purushottam Financiers LLP , an individual |
To see the full deal history of Prognosys Medical Systems 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
Prognosys Medical Systems Private Limited has 7 court cases on record: 6 filed by Prognosys Medical Systems, 1 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 2 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| Allahabad High Court | Writ petition | Filed by the company against State of U.P.Throu the Prin. Secy. Medical Health and Ors. | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Union of India & Anr. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| Allahabad High Court | Writ petition | Filed against the company by M/S Agfa Helathcare India Pvt.Ltd.Through Its Auth.Signatory | Disposed |
To see the full case history of Prognosys Medical Systems 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
Prognosys Medical Systems Private Limited was last rated by Care on 08 Mar 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 08 Mar 2023 |
To see the full credit ratings and regulatory alerts of Prognosys Medical Systems Private Limited, buy the company report.
MSME payment delays
Prognosys Medical Systems Private Limited has 3 MSME Form 1 returns on record between 2022 and 2023, listing 323 overdue payments to 23 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 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Radiation Protection Services | |||
| an individual supplier |
To see the full MSME payment records of Prognosys Medical Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Prognosys Medical Systems has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCP2070M1Z5 | Karnataka | Active | 01 Jul 2017 |
| 07AADCP2070M1ZB | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prognosys Medical Systems Private Limited, buy the company report.
Recent activity
Prognosys Medical Systems Private Limited has 11 board changes on record since 2013: 4 appointments and 7 cessations. The latest: Chandrasekhar Bhaskaran Nair ceased to be Additional Director on 29 Sep 2023.
9 earlier events are in the company report.
Frequently asked questions
Prognosys Medical Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 07 November 2003 (23+ years old) and is registered under CIN U72900KA2003PTC032831.
Prognosys Medical Systems has 4 current directors:
- Chandrasekhar Bhaskaran Nair - Director
- Sriram Natarajan - Director
- Prahalad Ashok - Director
- Vajapeyam Krishna Prasad - Person Incharge
The latest financial statements of Prognosys Medical Systems on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 07 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Prognosys Medical Systems is 29AADCP2070M1Z5, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AADCP2070M1ZB (Delhi).
The CIN (Corporate Identification Number) of Prognosys Medical Systems is U72900KA2003PTC032831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prognosys Medical Systems has 7 court cases on record: 6 filed by the company and 1 filed against it. 3 are pending. Most are in the district courts.
Prognosys Medical Systems was incorporated on 07 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
Prognosys Medical Systems has 11 deals on record (6 funding rounds, 3 secondary share transfers, 2 acquisitions), with disclosed funding of ₹45.5 Cr; the latest was in March 2023.
Chandrasekhar Bhaskaran Nair ceased to be Additional Director on 29 Sep 2023. Chandrasekhar Bhaskaran Nair was appointed as Director on 01 Mar 2023. Avinash Anand Kenkare ceased to be Director on 15 Feb 2023. Prognosys Medical Systems has 11 board changes on record in total.
Yes, Prognosys Medical Systems is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0008034).
Prognosys Medical Systems has 3 MSME Form 1 returns on record between 2022 and 2023, listing 323 overdue payments to 23 micro and small suppliers. The latest return was filed on 29 Aug 2023.

