Torrent Diagnostics Limited
About Torrent Diagnostics Limited
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Torrent Diagnostics Limited is a public limited company based in Thane, Maharashtra, India, a subsidiary of Torrent Investments Private Limited. It operates in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 11 February 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85300MH2022PLC413586. Its GSTIN is 27AAJCT1803G1ZH (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹400 Cr and a paid-up capital of ₹167 Cr. It was formerly known as Torrent Diagnostics Private Limited. It is led by directors including Varun Sudhir Mehta (Managing Director) and Naimi Ashwinbhai Kapashi.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.63 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹16.24 Cr and EBITDA of -₹15.61 Cr.
The company has about 38 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25 Lakh on record. The company has 2 deals on record (2 rights issues); the latest was in September 2024. Its 10 peer companies in the Healthcare industry (Diagnostics and Pathology Labs) are compared by revenue, 5 larger and 5 smaller; the largest is Jaya Health Diagnostic & Reserch Private Limited with revenue of ₹1.65 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Torrent Diagnostics has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U85300MH2022PLC413586, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85300MH2022PLC413586 | Current |
| U85300MH2022PTC413586 | Previous |
| U85300GJ2022PTC129305 | Previous |
Contact details
Torrent Diagnostics Limited's registered office is in Thane, Maharashtra.
- Registered AddressPlot No. C – 531 T.T.C Industrial Area, MIDC Pawane Village Navi Mumbai, Thane, Maharashtra, India – 400709
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
- 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
Financials of Torrent Diagnostics Limited
FY 2025 filings availableTorrent Diagnostics Limited reported revenue of ₹1.63 Cr (up 153% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 153% in the latest year. EBITDA fell 4% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | -₹15.61 Cr | |||
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| Net Profit (PAT) | -₹16.24 Cr | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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To see the full financial statements and ratios of Torrent Diagnostics Limited, buy the company report.
Board of directors of Torrent Diagnostics Limited
Torrent Diagnostics has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naimi Ashwinbhai Kapashi Also directs: Torrent Sports Ventures Private Limited | Director | 11 Feb 2022 | 4 Years 8 Months | Current |
| Sudhir Menon | Director | 11 Feb 2022 | 4 Years 8 Months | Current |
| Varun Sudhir Mehta | Managing Director | 07 Mar 2025 | 1 Years 7 Months | Current |
| Nidhi Ajitbhai Mehta | Director | 07 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Torrent Diagnostics Limited is compared with the 10 companies closest to it by revenue in the Healthcare industry (Diagnostics and Pathology Labs), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jaya Health Diagnostic & Reserch Private Limited | ₹1.65 Cr (FY 2025) | 70.0% | Baripada, Odisha, India | |||
| Arklife Diagnostics & Healthcare Private Limited | ₹1.65 Cr (FY 2025) | 255.0% | Angul, Odisha, India | |||
| Leonis Gamma Healthcare Private Limited | ₹1.65 Cr (FY 2024) | 8.0% | Bangalore, Karnataka, India | |||
| Avanthi Healthcare Private Limited | ₹1.64 Cr (FY 2025) | 5.0% | Hyderabad, Telangana, India | |||
| Reltech Diagnostics Private Limited | ₹1.63 Cr (FY 2025) | 6.0% | Patna, Bihar, India | |||
| Torrent Diagnostics Limitedthis company | ₹1.63 Cr (FY 2025) | -₹16.24 Cr | 153.0% | Thane, Maharashtra, India | ||
| SFC Infracon Private Limited | ₹1.63 Cr (FY 2025) | -6.0% | Sangli, Maharashtra, India | |||
| Choice Diagnostics Private Limited | ₹1.63 Cr (FY 2025) | -3.0% | Malappuram, Kerala, India | |||
| Maxilla Diagnostic Private Limited | ₹1.63 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Keskar Diagnostic Services Private Limited | ₹1.63 Cr (FY 2025) | 16.0% | Pen, Maharashtra, India | |||
| Dr Samir's Ganga Diagnostic and Imaging Centre Private Limited | ₹1.62 Cr (FY 2024) | 19.0% | New Delhi, Delhi, India |
To see the full peer comparison of Torrent Diagnostics Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jul 2025 | 101127013 | Hdfc Bank Limited | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
Torrent Diagnostics Limited has 2 deals on record (2 rights issues); the latest was in September 2024.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Rights issue | ₹92 Cr | Investors: Torrent Investments Limited |
| Mar 2022 | Rights issue | ₹74.99 Cr | Investors: Torrent Investments Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Torrent Diagnostics 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
Torrent Diagnostics Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Astute Systems Private Limited |
To see the full MSME payment records of Torrent Diagnostics Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Torrent Diagnostics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCT1803G1ZH | Maharashtra | Active | 31 Oct 2022 |
To see the full GST registrations and return filing status of Torrent Diagnostics Limited, buy the company report.
Recent activity
Torrent Diagnostics Limited has 6 board changes on record since 2022: 4 appointments and 2 cessations. The latest: Nidhi Ajitbhai Mehta ceased to be Additional Director on 29 Jun 2025.
Frequently asked questions
Torrent Diagnostics is an active public limited company based in Thane, Maharashtra, India. The company works in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 11 February 2022 (4+ years old) and is registered under CIN U85300MH2022PLC413586.
Torrent Diagnostics has 4 current directors:
- Varun Sudhir Mehta - Managing Director
- Naimi Ashwinbhai Kapashi - Director
- Sudhir Menon - Director
- Nidhi Ajitbhai Mehta - Director
The latest financial statements of Torrent Diagnostics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Torrent Diagnostics is 27AAJCT1803G1ZH, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Torrent Diagnostics is U85300MH2022PLC413586. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Torrent Diagnostics was incorporated on 11 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Torrent Diagnostics has 2 deals on record (2 rights issues); the latest was in September 2024.
The peers of Torrent Diagnostics by revenue are Jaya Health Diagnostic & Reserch Private Limited, Arklife Diagnostics & Healthcare Private Limited, Leonis Gamma Healthcare Private Limited, Avanthi Healthcare Private Limited, Reltech Diagnostics Private Limited and 5 more, all in the Healthcare industry (Diagnostics and Pathology Labs).
Nidhi Ajitbhai Mehta ceased to be Additional Director on 29 Jun 2025. Nidhi Ajitbhai Mehta was appointed as Director on 07 Mar 2025. Varun Sudhir Mehta was appointed as Managing Director on 07 Mar 2025. Torrent Diagnostics has 6 board changes on record in total.
Torrent Diagnostics has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 28 Aug 2023.
The registered office of Torrent Diagnostics is at Plot No. C – 531 T.T.C Industrial Area, MIDC Pawane Village Navi Mumbai, Thane, Maharashtra, India – 400709.
Torrent Diagnostics operates in the healthcare industry, in the diagnostic centers and pathology labs segment.