Tenet Diagnostics Private Limited

Tenet Diagnostics Private Limited - healthcare in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U85110KA2021PTC149219 Incorporated 08 July 2021 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company healthcare MSME · Medium
Data last updated
Revenue · FY 2025
₹71.87 Cr
▲ 55% YoY
Net profit · FY 2025
₹1.59 Cr
Net margin 2.2%
EBITDA · FY 2025
₹19.12 Cr
EBITDA margin 26.6%
Authorised capital
₹22.6 Cr
Registered with MCA
Paid-up capital
₹22.43 Cr
Issued & subscribed
Open charges
₹37.9 Cr
Satisfied ₹8.1 Cr
Company age
5 yrs
Est. 2021
Employees · EPFO
331
Provident fund records

About Tenet Diagnostics Private Limited

Data last updated:

Tenet Diagnostics Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Tenet Medcorp Private Limited. It operates in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 08 July 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA2021PTC149219. Its GSTIN is 29AAICT7175N1ZE (Karnataka).

The company has an authorised share capital of ₹22.6 Cr and a paid-up capital of ₹22.43 Cr. It is led by directors including Sricharan Devineni (Managing Director) and Sri Venkat Devineni.

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 46 27th Cross 03rd Main Road 7th Block Jayanagar, Bengaluru, Karnataka, India – 560011.

As per the financials filed for FY 2025, the company reported a revenue of ₹71.87 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹1.59 Cr (net margin 2.2%) and EBITDA of ₹19.12 Cr (EBITDA margin 26.6%).

The company has about 331 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹37.9 Cr and satisfied charges of ₹8.1 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 4 cases are pending. The company has 2 deals on record (1 acquisition, 1 funding round), with disclosed funding of ₹286.86 Cr; the latest was in August 2026. Its 3 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, 3 smaller; the largest is Chandan Healthcare Limited with revenue of ₹71.6 Cr.

Tenet Diagnostics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0128772). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tenetdiagnostics.in.

Company details

CIN U85110KA2021PTC149219
Registration Number 149219
Incorporation Date 08 July 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Tenet Medcorp Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0128772

Recognitions & Rankings of Tenet Diagnostics

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0128772

Contact details

Tenet Diagnostics Private Limited's registered office is in Bengaluru, Karnataka. Its website is tenetdiagnostics.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Apps
  • Registered Address
    46 27th Cross 03rd Main Road 7th Block Jayanagar, Bengaluru, Karnataka, India – 560011
  • Industry
    Healthcare, Diagnostic Centers & Pathology Labs

To see the full contact details of Tenet Diagnostics Private Limited, buy the company report.

Comprehensive company report
Tenet 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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Business activity

The main business activity of Tenet Diagnostics is hospital and medical care. In detail, this covers medical and dental practice, nursing, pathology, blood bank services, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
QHospital and Medical CareQ2Medical and dental practice, Nursing, pathology, blood bank services, etc.

To see the full business activity and turnover split of Tenet Diagnostics Private Limited, buy the company report.

Financials of Tenet Diagnostics Private Limited

FY 2025 filings available

Tenet Diagnostics Private Limited reported revenue of ₹71.87 Cr (up 55% YoY) for FY 2025.

Revenue · FY 2025
₹71.87 Cr ▲ 55%
Net profit · FY 2025
₹1.59 Cr margin 2.2%
EBITDA · FY 2025
₹19.12 Cr margin 26.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 55%
EBITDA CAGR growth
1 year
▲ 65%
3 years · compounded
▲ 658%

Revenue rose 55% in the latest year. EBITDA rose 65% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹19.12 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.59 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin26.6%
Net Profit Margin2.2%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Tenet Diagnostics Private Limited, buy the company report.

Board of directors of Tenet Diagnostics Private Limited

Tenet Diagnostics has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sri Venkat DevineniDirector08 Jul 20215 Years 3 MonthsCurrent
Anand Hejjaji Krishna MurthyDirector08 Jul 20224 Years 3 MonthsCurrent
Sricharan DevineniManaging Director08 Jul 20215 Years 3 MonthsCurrent

Peer comparison

Tenet Diagnostics Private Limited is compared with the 3 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Tenet Diagnostics Private Limitedthis company₹71.87 Cr (FY 2025)₹1.59 Cr2.2%55.0%331Bengaluru, Karnataka, India
Chandan Healthcare Limited₹71.6 Cr (FY 2022)28.0%Lucknow, Uttar Pradesh, India
Hindustan Aarneel Clinical Labs Private Limited₹69.41 Cr (FY 2025)569.0%Bhopal, Madhya Pradesh, India
A.G Diagnostics Private Limited₹65.72 Cr (FY 2025)15.0%Pune, Maharashtra, India

To see the full peer comparison of Tenet Diagnostics Private Limited, buy the company report.

Auditor

Tenet Diagnostics Private Limited is audited by Brahmayya & Co Chartered Accountants for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Brahmayya & Co Chartered AccountantsFY 2023000515S

Shareholding

The shareholding of Tenet Diagnostics Private Limited is on record for 3 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Tenet Diagnostics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹37.9 Cr
Satisfied charges
₹8.1 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹28.64 Cr
Axis Bank Limited₹9.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Nov 2024101001133Hdfc Bank Limited₹28.64 CrOpen
20 Mar 2023100715758Axis Bank Limited₹9.25 CrOpen
23 Jun 2022100587574Hdfc Bank Limited₹8.1 CrSatisfied

To see the full charge records of Tenet Diagnostics Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Tenet Diagnostics Private Limited has 2 deals on record (1 acquisition, 1 funding round), with disclosed funding of ₹286.86 Cr; the latest was in August 2026.

Total deals
2
Acquisition
1
Funding round
1
Disclosed funding
₹286.86 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Aug 2026Funding round₹286.86 CrInvestors: Tata Capital Healthcare Fund, Blue Earth Capital
Sep 2021Acquisition₹50,000Buyer: Tenet Medcorp Private Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Tenet Diagnostics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Tenet Diagnostics Private Limited has a workforce of 331 employees on its EPFO records as of Dec 23, 2025, across 1 active EPFO establishment.

Employee count
331
Active EPFO establishments
1
Employee growth
-1.49%

GST

Tenet Diagnostics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAICT7175N1ZEKarnatakaActive02 Sep 2021

To see the full GST registrations and return filing status of Tenet Diagnostics Private Limited, buy the company report.

Recent activity

Tenet Diagnostics Private Limited has 5 board changes on record since 2021: 3 appointments and 2 cessations. The latest: Sricharan Devineni ceased to be Director on 05 Jan 2025.

Charges
A charge with Hdfc Bank Limited of Rs. 28.64 Cr registered on 07 Nov 2024 with Charge ID 101001133 was modified on 01 Oct 2025.
AGM
Tenet Diagnostics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Tenet Diagnostics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Sricharan Devineni ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 28.64 Cr with Charge ID 101001133 was registered on 07 Nov 2024.
Charges
A charge registered on 23 Jun 2022 via Charge ID 100587574 with Hdfc Bank Limited was fully satisfied on 25 May 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 9.25 Cr with Charge ID 100715758 was registered on 20 Mar 2023.
Ceased
Anand Hejjaji Krishna Murthy ceased to be Additional Director.
Appointed
Anand Hejjaji Krishna Murthy was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.10 Cr with Charge ID 100587574 was registered on 23 Jun 2022.
Appointed
Sri Venkat Devineni was appointed as Director.
Appointed
Sricharan Devineni was appointed as Managing Director.

1 earlier event is in the company report.

Frequently asked questions

Tenet Diagnostics is an active private limited company based in Bengaluru, Karnataka, India. The company works in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 08 July 2021 (5+ years old) and is registered under CIN U85110KA2021PTC149219.

Tenet Diagnostics has 3 current directors:

The latest financial statements of Tenet Diagnostics 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 FY 2022 are in the company report.

The GSTIN of Tenet Diagnostics is 29AAICT7175N1ZE, registered in Karnataka.

The CIN (Corporate Identification Number) of Tenet Diagnostics is U85110KA2021PTC149219. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Tenet Diagnostics has 7 court cases on record: 5 filed by the company and 2 filed against it. 4 are pending. Most are in the high courts.

Tenet Diagnostics was incorporated on 08 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.

Tenet Diagnostics has 2 deals on record (1 acquisition, 1 funding round), with disclosed funding of ₹286.86 Cr; the latest was in August 2026.

The peers of Tenet Diagnostics by revenue are Chandan Healthcare Limited, Hindustan Aarneel Clinical Labs Private Limited, A.G Diagnostics Private Limited, all in the Healthcare industry (Diagnostics and Pathology Labs), with the same principal business activity (medical and dental practice, nursing, pathology, blood bank services, etc.).

Sricharan Devineni ceased to be Director on 05 Jan 2025. Anand Hejjaji Krishna Murthy ceased to be Additional Director on 28 Sep 2022. Anand Hejjaji Krishna Murthy was appointed as Director on 08 Jul 2022. Tenet Diagnostics has 5 board changes on record in total.

Yes, Tenet Diagnostics is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0128772).