What we do Star Imaging and Path Lab Limited operates a NABL-accredited diagnostic network offering pathology, radiology, cardiology, and neurology services across India. |
Founded in 1,978 |
Market share A key regional diagnostic provider with strong presence in Delhi, Uttar Pradesh, and Nasik, serving B2C, B2B, and B2G clients. |
Problem solved Provides essential diagnostic testing for early disease detection, monitoring, and improved patient outcomes using advanced medical technologies. |
Top clients or who we serve Serves individual patients, corporate clients, and government agencies across multiple Indian states (B2C, B2B, B2G). |
Key management - |
Our journey and innovations Evolved from a clinic in 1978 to a modern pathology and imaging network established in 2004 with expansions and a tele-radiology hub. |
Where we operate India - primarily Delhi, Uttar Pradesh, and Nasik regions. |
Top products or what we offer Comprehensive diagnostic imaging and clinical laboratory tests including MRI, CT, X-rays, biochemistry, hematology, histopathology, and tele-radiology services. |
Top brands Star Imaging and Path Lab - known for NABL-accredited diagnostic services and tele-radiology hub providing centralized, scalable testing. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Most revenue is recurring, derived from continuous diagnostic service contracts and patient testing. |
Our industry position Emerging leader in regional diagnostic services with growing market share and expanding service offerings. |
Financial highlights FY 2023-24 revenue ₹78.5 crore with net profit ₹11.1 crore showing significant growth from previous year. |
Geographical revenue split Revenue primarily from Delhi, Uttar Pradesh, and Nasik regions in India. |
Order book - |
Whats driving growth Increased healthcare demand, technological upgrades, service expansion, and tele-radiology capabilities. |
Our future plans Focus on expanding domestic diagnostic network, enhancing service portfolio, and scaling tele-radiology hub. |
Our green promise - |
Our people and values Committed to ethical practices, employee welfare, and zero tolerance towards workplace harassment. |
Key challenges ahead Navigating regulatory changes, healthcare competition, and technology integration challenges. |
Interesting facts Started as a small clinic in 1978; evolved into a public company in 2024 with a substantial IPO in 2025 raising ₹69.47 crore. |
Risks and strategy Mitigates operational and regulatory risks through strong internal controls and ongoing innovation in diagnostics. |
