About Tulip Diagnostics Private Limited
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Tulip Diagnostics Private Limited is a private limited company based in Tiswadi, Goa, India, a subsidiary of Perkinelmer Holding Luxembourg S.A R.L. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 14 December 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U85195GA1988PTC005717. Its GSTIN is 30AAACT1411B1ZH (Goa). The company holds 13 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹2.16 Cr. It is led by directors including Alok Kumar and Narendra Makkar.
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 Gitanjali Tulip Block Dr. Antonio Do Rego Bagh Alto Santacruz Bambolim Complex P.O. Goa – 403 202 India, Tiswadi, Goa, India – 403202.
As per the financials filed for FY 2024, the company reported a revenue of ₹553.14 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹52.27 Cr (net margin 9.4%) and EBITDA of ₹128.84 Cr (EBITDA margin 23.3%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 11% over five years.
The company has about 1,416 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 3 brands: PerkinElmer, Tulip Diagnostics and Biosense. As per MCA filings, the company has satisfied charges of ₹2.73 Cr on record. Court records list 21 cases involving the company, including 17 filed by the company and 4 filed against it; 5 cases are pending. The company has 8 deals on record (5 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹1.5 Cr; the latest was in February 2022. The company has 19 MSME Form 1 returns on record between 2018 and 2024, listing 1,619 overdue payments to 160 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tulipgroup.com.
Company details
CIN history
Tulip Diagnostics has one previous CIN (Corporate Identification Number): U85195MH1988PTC050031. The current CIN is U85195GA1988PTC005717, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85195GA1988PTC005717 | Current |
| U85195MH1988PTC050031 | Previous |
Contact details
Tulip Diagnostics Private Limited's registered office is in Tiswadi, Goa. Its website is tulipgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGitanjali Tulip Block Dr. Antonio Do Rego Bagh Alto Santacruz Bambolim Complex P.O. Goa – 403 202 India, Tiswadi, Goa, India – 403202
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Tulip Diagnostics 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
Tulip Diagnostics operates multiple associated brands including PerkinElmer, Tulip Diagnostics, and Biosense. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Medical instruments and supplies are manufactured and provided for healthcare. | perkinelmer.com | |
| IVD kits and instruments for infectious diseases and clinical chemistry | tulipgroup.com | |
| Diagnostic devices for multiple diseases are developed and provided. | biosense.in |
Business activity
The main business activities of Tulip Diagnostics are manufacturing and support service to organizations. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Tulip Diagnostics Private Limited, buy the company report.
Financials of Tulip Diagnostics Private Limited
FY 2024 filings availableTulip Diagnostics Private Limited reported revenue of ₹553.14 Cr (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 5% growth in the latest year. EBITDA rose 63% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹128.84 Cr | ||||
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| Net Profit (PAT) | ₹52.27 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.3% | ||||
| Net Profit Margin | 9.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Tulip Diagnostics Private Limited, buy the company report.
Board of directors of Tulip Diagnostics Private Limited
Tulip Diagnostics has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Kumar Also directs: Orchid Biomedical Systems Private Limited, Biosense Technologies Private Limited, Prisms India Pvt.Ltd. and 2 more | Director | 31 Jan 2017 | 9 Years 8 Months | Current |
| Narendra Makkar | Director | 19 Sep 2017 | 9 Years 1 Months | Current |
| Deepak Gurushankar Tripathi | Director | 05 May 2017 | 9 Years 5 Months | Current |
Auditor
Tulip Diagnostics Private Limited is audited by M/s Lorence & Shankar for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s Lorence & Shankar | FY 2023 | 112761W |
Shareholding
The shareholding of Tulip 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 Tulip Diagnostics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Oct 2003 | 90234987 | Bank of India | ₹95 Lakh | Satisfied | |
| 17 Apr 1999 | 90223016 | Bank of India | ₹15 Lakh | Satisfied | |
| 12 Mar 1993 | 90233896 | Bank of India | ₹10 Lakh | Satisfied | |
| 28 Feb 1992 | 90222029 | Bank of India | ₹1.5 Lakh | Satisfied | |
| 20 Aug 1991 | 90221940 | Bank of India | ₹90,000 | Satisfied |
To see the full charge records of Tulip Diagnostics Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Tulip Diagnostics Private Limited has 8 deals on record (5 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹1.5 Cr; the latest was in February 2022.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Rights issue | ₹14.99 Cr | Investors: Revvity Holding Luxembourg Sarl |
| Oct 2019 | Rights issue | ₹60.5 Cr | Investors: Revvity Holding Luxembourg Sarl |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Revvity Holding Luxembourg Sarl, Revvity Holding Luxembourg Sarl & Deepak Tripathi Seller: 3 individuals |
| Apr 2008 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Orchid Biomedical Systems Private Limited |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: Orchid Biomedical Systems Private Limited Seller: 3 individuals |
To see the full deal history of Tulip Diagnostics 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
Tulip Diagnostics Private Limited has 21 court cases on record: 17 filed by Tulip Diagnostics, 4 filed against it. 5 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 2 | 3 |
| High courts | 9 | 2 | 2 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed by the company against Rajasthan Medical Services Corporation Ltd. | Disposed |
| High Court | Writ petition | Filed by the company against Rajasthan Medical Services Corporation Ltd. and 1 other | Disposed |
| District court, South Goa, Goa | Civil suit | Filed by the company against M/S Lab Solution and Services | Pending |
| District court, North Goa, Goa | Civil suit | Filed by the company against M/S SRV South India Traders ( Chennai) and 3 others | Pending |
| District court, North Goa, Goa | Civil suit | Filed by the company against M/S Kanad Vidyut | Pending |
To see the full case history of Tulip Diagnostics 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
Tulip Diagnostics Private Limited has 19 MSME Form 1 returns on record between 2018 and 2024, listing 1,619 overdue payments to 160 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 160)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Unnatti Construction Private Limited | |||
| Shree Manguirish Air Conditioning Company | |||
| Crystal Water Solutions & Technologies | |||
| an individual supplier |
To see the full MSME payment records of Tulip Diagnostics Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Tulip Diagnostics has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Prisms India Private Limited | U33201PY1991PTC000726 | |
| Orchid Biomedical Systems Private Limited | U52311MH1990PTC055671 | |
| Biosense Technologies Private Limited | U85100MH2008PTC188729 |
To see the full group structure of Tulip Diagnostics Private Limited, buy the company report.
Employees & EPFO
Tulip Diagnostics Private Limited has a workforce of 1,416 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Tulip Diagnostics has 13 GST registrations: 5 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAACT1411B1ZH | Goa | Active | 01 Jul 2017 |
| 05AAACT1411B1ZA | Uttarakhand | Active | 01 Jul 2017 |
| 07AAACT1411B1Z6 | Delhi | Active | 01 Jul 2017 |
| 27AAACT1411B1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tulip Diagnostics Private Limited, buy the company report.
Recent activity
Tulip Diagnostics Private Limited has 11 board changes on record since 2017: 3 appointments and 8 cessations. The latest: Daisy Yik Yan Auyeung ceased to be Director on 30 Jun 2021.
29 earlier events are in the company report.
News
Frequently asked questions
Tulip Diagnostics is an active private limited company based in Tiswadi, Goa, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 14 December 1988 (38+ years old) and is registered under CIN U85195GA1988PTC005717.
Tulip Diagnostics has 3 current directors:
- Alok Kumar - Director
- Narendra Makkar - Director
- Deepak Gurushankar Tripathi - Director
The latest financial statements of Tulip 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 GSTIN of Tulip Diagnostics is 30AAACT1411B1ZH, registered in Goa. The company has 13 GST registrations in all, of which 5 are active and 8 are cancelled or inactive. Other active GSTINs include 05AAACT1411B1ZA (Uttarakhand), 07AAACT1411B1Z6 (Delhi), 27AAACT1411B1Z4 (Maharashtra).
The CIN (Corporate Identification Number) of Tulip Diagnostics is U85195GA1988PTC005717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tulip Diagnostics has 21 court cases on record: 17 filed by the company and 4 filed against it. 5 are pending. Most are in the district courts.
Tulip Diagnostics was incorporated on 14 December 1988, making it 38+ years old. It is registered with the Registrar of Companies, Goa.
Tulip Diagnostics has 8 deals on record (5 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹1.5 Cr; the latest was in February 2022.
Daisy Yik Yan Auyeung ceased to be Director on 30 Jun 2021. Narendranath Sharatchandra Bhat ceased to be Additional Director on 30 Sep 2020. Jayashree Kailas Thacker ceased to be Director on 08 Jul 2020. Tulip Diagnostics has 11 board changes on record in total.
Tulip Diagnostics has 19 MSME Form 1 returns on record between 2018 and 2024, listing 1,619 overdue payments to 160 micro and small suppliers. The latest return was filed on 18 Apr 2024.
Tulip Diagnostics can be reached through the website tulipgroup.com. Its registered office is in Tiswadi, Goa, India.