Company lists
The Madhya Pradesh edition · 2026

Healthcarecompanies in Madhya Pradesh

Hospitals, clinics, pharma, ayurveda & wellness, home healthcare and more: the companies building healthcare in Madhya Pradesh, with their founders, funding, team size and business models.

323 company profiles96 with reported revenue3 with recorded fundingSeptember 2026 edition
Madhya Pradesh · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent healthcare business events in Madhya Pradesh

Funding, M&A, contract wins and launches involving 380 healthcare companies in Madhya Pradesh, last 24 months: 2 M&A deals · 1 Contract. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Dec 2025.

ContractGovernment

Zenith Drugs · client: Odisha State Medical Corporation

*Zenith Drugs Company Has Been Awarded Tender by Odisha State Medical Corporation for Rs 95 million

M&AAcquisition · Completed

PJIPL acquires Narmada gelatines

Prior to this, in 2023, PJIPL acquired 75 per cent of Narmada Gelatines Ltd for a total value of Rs 103 crore.

M&AAcquisition · Completed

Narmada gelatines acquires India Gelatine

Narmada Gelatines Ltd (NGL), a subsidiary of Pioneer Jellice, acquired 1 million shares of India Gelatine at a price of Rs 408 per share, for a total value of Rs 40 crore on Wednesday.…

Healthcare companies in Madhya Pradesh, by revenue

Browse healthcare companies in Madhya Pradesh by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 96 healthcare companies in Madhya Pradesh that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of precision packaging and plastic molding solutions

Medical supplies and consumables
₹842.29 crFY 2024-25
+8%2024–2025
358LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Provider of marketing services for healthcare industry

Services for healthcare providers
₹674.30 crFY 2021-22
Not reported
—Not available
7 yr2019
—No postings tracked

Manufacturer of oral care, personal care, consumer healthcare, and vitamin and supplement products

Biopharma outsourcing
₹514.15 crFY 2023-24
Not reported
171+6% 12 mo to May 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Apr 2026

Provider of multispecialty healthcare services and advanced medical technologies

Hospitals
₹187.33 crFY 2024-25
+12%2024–2025
63LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Manufacturer and supplier of ossein and gelatine

Diversified chemicals
₹183.41 crFY 2023-24
Not reported
440-1% 12 mo to Aug 2024recorded Aug 2024
65 yr1961
—No postings tracked

Designer and retailer of women's professional and casual clothing

Traditional medical devices
₹178.70 crFY 2024-25
-14%2024–2025
375recorded
17 yr2009
0none in 3 months

Pharmaceutical manufacturing company that specializes in medicaments addressing healthcare requirements

Traditional pharmaceuticals
₹135.93 crFY 2024-25
+2%2024–2025
151+38% 12 mo to Sep 2024LinkedIn · Jul 2026
26 yr2000
0none in 3 months · last posted Jun 2026

Provider of pharmaceutical formulation manufacturing services

Biopharma outsourcing
₹123.88 crFY 2023-24
+17%2023–2024
—Not available
32 yr1994
0none in 3 months

Manufacturer of drugs

Traditional pharmaceuticals
₹123.63 crFY 2023-24
Not reported
43+8% 12 mo to Sep 2024LinkedIn · Jul 2026
59 yr1967
—No postings tracked

Pharmaceutical company

Traditional pharmaceuticals
₹108.21 crFY 2024-25
+31%2024–2025
—Not available
32 yr1994
0none in 3 months

Manufacturer of nutraceutical, herbal, and cosmeceutical products

Traditional nutraceuticals
₹79.64 crFY 2024-25
+50%2024–2025
184LinkedIn · Jul 2026
42 yr1984
0none in 3 months

Manufacturer of gelatin capsules

Medical products manufacturing machinery
₹78.37 crFY 2024-25
+14%2024–2025
136+4% 12 mo to Sep 2024LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Manufacturer and supplier of laboratory and pharmaceutical products

Traditional medical devices
₹69.03 crFY 2021-22
Not reported
215-9% 12 mo to Sep 2024recorded Sep 2024
11 yr2015
—No postings tracked

Research laboratory focused on developing & manufacturing quality drugs formulations

Medical research labs
₹76.72 crFY 2024-25
+8%2024–2025
2LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Provider of healthcare solutions with a focus on pharmaceutical products

Traditional pharmaceuticals
₹75.41 crFY 2024-25
+12%2024–2025
9-44% 12 mo to Sep 2024recorded Sep 2024
8 yr2018
0none in 3 months

Manufacturer of generic & patent allopathic and ayurvedic pharma formulations

Traditional pharmaceuticals
₹58.01 crFY 2021-22
Not reported
92LinkedIn · Jul 2026
60 yr1966
0none in 3 months · last posted Jun 2026

Manufacturer of disposable syringes

Medical supplies and consumables
₹62.62 crFY 2024-25
+45%2024–2025
12+23% 12 mo to Sep 2024LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Diagnostic manufacturers, distributors, laboratories, government institutions, and private hospitals

Medical device distributors
₹58.84 crFY 2024-25
+13%2024–2025
23+33% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Manufacturer of high-quality HDPE bottles and CRC caps

Medical device outsourcing
₹58.15 crFY 2024-25
+5%2024–2025
50LinkedIn · Jul 2026
44 yr1982
0none in 3 months

CDMO focused on manufacturing API

Biopharma outsourcing
₹57.30 crFY 2024-25
+8%2024–2025
60+5% 12 mo to Mar 2024recorded Mar 2024
22 yr2004
0none in 3 months

Multi-specialty hospital providing a range of medical services, including gastroenterology, physiotherapy, and cosmetic surgery

Hospitals
₹55.42 crFY 2024-25
+26%2024–2025
33LinkedIn · Jul 2026
41 yr1985
0none in 3 months

Manufacturer of injectable drugs

Traditional pharmaceuticals
₹54.68 crFY 2024-25
-2%2024–2025
31+6% 12 mo to Mar 2024LinkedIn · Jul 2026
28 yr1998
0none in 3 months

Multispecialty hospital offering services in various medical fields with advanced technology and skilled doctors

Hospitals
₹53.22 crFY 2024-25
+2%2024–2025
13+9% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Distributor of specialty drugs

Pharmaceutical distributors
₹50.98 crFY 2024-25
+208%2024–2025
—Not available
27 yr1999
0none in 3 months

Provider of healthcare, AI/ML operations, and end to end HR services

Bpo services
₹50.72 crFY 2024-25
-3%2024–2025
970-8% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
14postings · last posted Sep 2026
50 of 323 companies shown here · the full list is on Radar
Fliar Radar

Explore all 323 healthcare companies in Madhya Pradesh on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open healthcare in Madhya Pradesh on Radar
  • Every company, not just 50All 323 healthcare companies in Madhya Pradesh, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
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Explore healthcare companies in Madhya Pradesh by what you are looking for

Browse top healthcare companies in Madhya Pradesh, from hospitals and clinics to pharmaceutical makers and home healthcare providers. Find healthcare startups in Madhya Pradesh, healthcare companies that are hiring and listed ones.

9 ways to explore healthcare in Madhya Pradesh

Hospitals & hospital chainsClinics & specialty care centresPharmaceutical manufacturers & distributorsAyurveda, herbal & wellness companiesHome healthcare & nursing companiesMedical device & supplies companies

Hospitals & hospital chains

Multispecialty and single specialty hospitals across Madhya Pradesh.

  1. MP Birla Hospitals

    Provider of multispecialty healthcare services and advanced medical technologies

    Hospitals
    See in list
  2. Gokuldas Hospital

    Multi-specialty hospital providing a range of medical services, including gastroenterology, physiotherapy, and cosmetic surgery

    Hospitals
    See in list
  3. Anant Institute of Medical Sciences

    Standalone multispeciality hospital

    Hospitals
    See in list
  4. Life Care Hospital

    Provider of multi-specialty healthcare services

    Hospitals
    See in list
  5. Unique Hospital & Research Centre

    Standalone multi-speciality hospital

    Hospitals
    See in list
45 companies in Madhya PradeshAll 1,426 hospitals companies in India →

Clinics & specialty care centres

Dental, skin, fertility, eye and other specialty clinics.

  1. Monaris skin clinic

    Chain of skin and hair clinics

    Clinic chains
    Website
  2. Ideal Dental Care

    Provider of oral healthcare and dental implant services

    Clinics
    Website
  3. Denasia

    Chain of dental clinics

    Clinic chains
    Website
  4. Sahaj Therapy

    Standalone pain clinic

    Clinics
    Website
  5. SEWA Centre

    Standalone general clinic

    Clinics
    Website
46 companies in Madhya PradeshAll 695 clinics companies in India →

Pharmaceutical manufacturers & distributors

Drug makers, contract manufacturers, API producers and pharma distributors.

  1. Mapaex

    Manufacturer of oral care, personal care, consumer healthcare, and vitamin and supplement products

    Biopharma outsourcing
    See in list
  2. Zenith Drugs

    Pharmaceutical manufacturing company that specializes in medicaments addressing healthcare requirements

    Traditional pharmaceuticals
    See in list
  3. Super Formulations

    Provider of pharmaceutical formulation manufacturing services

    Biopharma outsourcing
    See in list
  4. Alpa Laboratories

    Manufacturer of drugs

    Traditional pharmaceuticals
    See in list
  5. Medilux

    API and Intermediates Manufacturer

    Biopharma outsourcing
    Website

Ayurveda, herbal & wellness companies

Ayurvedic medicine makers, herbal supplement brands and wellness centres.

  1. Makin Laboratories

    Manufacturer of nutraceutical, herbal, and cosmeceutical products

    Traditional nutraceuticals
    See in list
  2. Cyano Pharma

    Manufacturer of generic & patent allopathic and ayurvedic pharma formulations

    Traditional pharmaceuticals
    See in list
  3. Mushroom World

    Manufacturer of ayurvedic mushroom products

    Alternative medicine products
    See in list
  4. Kshipra Biotech

    Manufacturer and supplier of standardized herbal extracts

    Alternative medicine products
    Website
  5. Garveish Herbals

    Provider of Ayurvedic products for personal care and health solutions

    Alternative medicine products
    Website

Home healthcare & nursing companies

Doctor-at-home, nursing and home healthcare service providers.

  1. syzygycare

    Provider of home healthcare services

    Home healthcare
    Website
  2. Ensurecure

    Provider of healthcare services at home

    Home healthcare
    Website
  3. Bharat Lab

    Diagnostics services provider offering lab tests at home

    Home healthcare
    Website
  4. SaathEase

    Provider of professional home-based health, social, and utility care services

    Home healthcare
    Website
  5. First Door Health

    Provider of doctor at-home services with laboratory testing for accurate medical expertise

    Home healthcare
    Website

Medical device & supplies companies

Manufacturers and distributors of medical devices and consumables.

  1. Mohini Health & Hygiene

    Designer and retailer of women's professional and casual clothing

    Traditional medical devices
    See in list
  2. RAAJ MEDISAFE INDIA

    Manufacturer of disposable syringes

    Medical supplies and consumables
    See in list
  3. Jajoo Surgical

    Manufacturer of disposable medical, surgical, cotton, hygiene, and orthopedic products

    Medical supplies and consumables
    See in list
  4. Virtuoso Medico

    Distributor of medical devices

    Medical device distributors
    See in list
  5. Aeon Medical

    Manufacturing enterprise for anesthesia and respiratory medical equipment

    Traditional medical devices
    See in list

Diagnostic labs & pathology companies

Pathology, radiology and clinical laboratory services.

  1. Sampurna Sodani Diagnostic Clinic

    Chain of pathology & radiology labs

    Clinical laboratory chains
    See in list
  2. Bharat Lab

    Diagnostics services provider offering lab tests at home

    Home healthcare
    Website
  3. Science House Medicals

    Provider of medical and pathological equipment along with diagnostic services

    Clinical laboratories
    Website
  4. Resolution Imaging and Diagnostic Centre

    Standalone clinical laboratory

    Clinical laboratories
    Website
  5. Luminojen

    Developer of advanced illumination technologies for diverse applications and industries

    Diversified diagnostics
    Website

Healthcare startups in Madhya Pradesh

Newer healthcare companies founded in recent years.

  1. Shah Hospital Ratlam

    Provider of quality healthcare services

    Hospitals
    Website
  2. TeethFast

    Provider of dental equipment distribution services

    Medical device distributors
    Website
  3. Uevolve

    Provider of teleradiology services, including emergency, neuroradiology, and pediatric imaging

    Services for healthcare providers
    Website
  4. Vyoum Biotech

    Biotech company focused on revolutionizing the way we interact with the environment through the power of biotechnology.

    Biopharma outsourcing
    Website
  5. RouteIn Yoga

    Online platform offering yoga courses and wellness programs

    Fitness and wellness centers
    Website
62 companies in Madhya Pradesh

Healthcare companies hiring in Madhya Pradesh

Healthcare companies with open jobs right now.

  1. Mapaex

    Manufacturer of oral care, personal care, consumer healthcare, and vitamin and supplement products

    Biopharma outsourcing
    See in list
  2. Zenith Drugs

    Pharmaceutical manufacturing company that specializes in medicaments addressing healthcare requirements

    Traditional pharmaceuticals
    See in list
  3. Cyano Pharma

    Manufacturer of generic & patent allopathic and ayurvedic pharma formulations

    Traditional pharmaceuticals
    See in list
  4. Annova Solutions

    Provider of healthcare, AI/ML operations, and end to end HR services

    Bpo services
    See in list
  5. Jajoo Surgical

    Manufacturer of disposable medical, surgical, cotton, hygiene, and orthopedic products

    Medical supplies and consumables
    See in list
10 companies in Madhya Pradesh
Mobile reach

Top 7 healthcare apps from Madhya Pradesh

The most-installed Android apps published by healthcare companies headquartered in Madhya Pradesh — 16K installs between them. 7 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 7
2

Sampurna Care

by Sampurna

Installs4K
Rating—
Last updatedJul 2025
View on Google Play ↗
Sampurna Care screenshot 1Sampurna Care screenshot 2Sampurna Care screenshot 3
3

Xcross Fitness - Diet Plan, Ex

by Xcross Fitness

Installs1K
Rating—
Last updatedFeb 2026
View on Google Play ↗
Xcross Fitness - Diet Plan, Ex screenshot 1Xcross Fitness - Diet Plan, Ex screenshot 2Xcross Fitness - Diet Plan, Ex screenshot 3Xcross Fitness - Diet Plan, Ex screenshot 4Xcross Fitness - Diet Plan, Ex screenshot 5Xcross Fitness - Diet Plan, Ex screenshot 6
6

Aadiyog

by Aadiyog

Installs17
Rating—
Last updatedOct 2025
View on Google Play ↗
Aadiyog screenshot 1Aadiyog screenshot 2Aadiyog screenshot 3Aadiyog screenshot 4
The business behind the activity

Healthcare financials in Madhya Pradesh

Revenue, profit and growth from the filed annual accounts of 98 healthcare companies in Madhya Pradesh for FY24-25 — 111 of the 323 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 36% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹3,390.92 cr

98 companies filing accounts

combined net profit₹191.95 cr

5.7% aggregate margin

are profitable76%

74 of 98 companies

median revenue~₹12.8 cr

the typical company

median revenue growth+9%

into FY24-25

earned by the top five36%

revenue concentration

Six-year view

Combined revenue of filing companies

₹2,150.75 crFY19-2079 filers
₹2,406.48 crFY20-2184 filers
₹2,826.81 crFY21-2291 filers
₹3,018.07 crFY22-2395 filers
₹3,214.55 crFY23-2499 filers
₹3,390.92 crFY24-2598 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 87 companies over three years

+22%
FY22-23₹2,755.44 cr₹190.88 cr net
FY23-24₹3,068.79 cr₹240.50 cr net
FY24-25₹3,372.65 cr₹194.37 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr2438% profitable
₹1–10 cr2167% profitable
₹10–100 cr4596% profitable
₹100–1,000 cr8100% profitable
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking27
0–20%35
20–50%13
50–100%10
Doubled+9

94 companies with accounts for both years; median growth +9%.

Profitability

Profit is concentrated at the top

74profitable
24loss-making
5.7%aggregate margin
1.7%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Maikal Kanya InternationalMAIKAL KANYA INTERNATIONAL PRIVATE LIMITED+502%
Kremedine HealthKREMEDINE HEALTH PRIVATE LIMITED+275%₹12.20 cr
D.J. LaboratoriesD.J.LABORATORIES PRIVATE LIMITED+208%₹50.98 cr
PanjonPANJON LIMITED+137%
Soft MedicapsSOFT MEDICAPS LIMITED
PiousPIOUS LABORATORIES PRIVATE LIMITED+83%₹13.69 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
PiousPIOUS LABORATORIES PRIVATE LIMITED26.9%₹13.69 cr
Medi-Square HospitalMEDI-SQUARE HOSPITAL PRIVATE LIMITED
Nandani Medical LaboratoriesNANDANI MEDICAL LABORATORIES PVT LTD17.1%₹54.68 cr
Kremedine HealthKREMEDINE HEALTH PRIVATE LIMITED16.3%₹12.20 cr
Alpa LaboratoriesALPA LABORATORIES LIMITED14.5%₹135.76 cr
Alliance MeditechALLIANCE MEDITECH PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Traditional pharmaceuticals14₹699.69 cr~₹39.9 cr93%8.0%
Hospitals13₹496.75 cr~₹24.3 cr77%3.4%
Traditional medical devices6₹284.34 cr~₹15.3 cr67%2.5%
Biopharma outsourcing8₹267.83 cr~₹17.3 cr88%4.2%
Medical device distributors6₹140.11 cr~₹14.4 cr83%4.8%
Pharmaceutical distributors6₹102.37 cr~₹10.1 cr100%3.8%
Alternative medicine products9₹94.78 cr~₹4.9 cr78%2.8%
Leaders

Largest healthcare companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Shriji PolymersSHRIJI POLYMERS (INDIA) LIMITED₹536.33 cr₹54.50 cr10.2%+4%
Narmada GelatinesNARMADA GELATINES LIMITED₹190.57 cr₹17.21 cr9.0%+4%
MP Birla HospitalsBAJAJ STAFFING SOLUTIONS LIMITED₹187.33 cr₹26.98 lakh0.1%+12%
Mohini Health & HygieneMOHINI HEALTH & HYGIENE LIMITED₹178.67 cr₹5.93 cr3.3%-14%
Zenith DrugsZENITH DRUGS LIMITED₹135.93 cr₹7.16 cr5.3%+2%
Alpa LaboratoriesALPA LABORATORIES LIMITED₹135.76 cr₹19.68 cr14.5%+10%
PIONEER LABORATORIES INDIARAJ PIONEER LABORATORIES INDIA PRIVATE LIMITED₹125.35 cr₹3.31 cr2.6%+13%
Quest LaboratoriesQuest Laboratories Limited₹108.21 cr₹13.57 cr12.5%+31%
Makin LaboratoriesMAKIN LABORATORIES PRIVATE LIMITED₹79.64 cr₹2.15 cr2.7%+50%
Erawat GroupERAWAT PHARMA LIMITED₹78.28 cr−₹2.54 cr-3.2%+14%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Healthcare funding and M&A across India

1,369 recorded equity rounds have gone to 20,519 healthcare companies in India — how much, at which stage, into which sub-sectors, from whom, and how Madhya Pradesh compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months36

US$595.07m

equity rounds, last 24 months118

US$1.37bn

raised over five yearsUS$5.38bn

511 rounds in India

M&A deals, Madhya Pradesh2

last 24 months

Capital by year

Equity funding into healthcare in India

amount rounds
$767m201874
$582m201987
$406m202099
$1.6bn2021108
$1.2bn2022122
$632m202398
$696m202491
$808m202570
$443m202622

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$1.58bn across 108 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$168.40m100 rounds · median US$185k
SeedUS$201.43m194 rounds · median US$515k
Series AUS$735.07m89 rounds · median US$5.30m
Series BUS$656.01m58 rounds · median US$11.67m
Series CUS$944.91m22 rounds · median US$36.62m
Series D+US$1.52bn25 rounds · median US$34.18m
Private equityUS$1.16bn23 rounds · median US$25.00m
Where the money went · five years

Most-funded sub-sectors

Biopharma outsourcingUS$982.10m45 rounds · 35 companies
Hospital chainsUS$908.75m64 rounds · 31 companies
Clinic chainsUS$789.02m89 rounds · 47 companies
Traditional pharmaceuticalsUS$639.51m26 rounds · 20 companies
Clinical laboratory chainsUS$347.46m16 rounds · 8 companies
Fitness & wellness techUS$315.53m6 rounds · 1 companies
Medical device outsourcingUS$215.23m5 rounds · 5 companies
Corporate activity · last 24 months

M&A in Madhya Pradesh

2Acquisition

Most active acquirers

  1. PJIPL1
  2. Narmada gelatines1

Most acquired or merged

  1. Narmada gelatines1
  2. India Gelatine1

Each deal appears in the events strip at the top of the page.

Founders and momentum in Madhya Pradesh

Meet the people behind healthcare companies in Madhya Pradesh. 96 of 323 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Madhya Pradesh healthcare companies by sub-sector

The most common specialisations among healthcare companies in Madhya Pradesh. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring healthcare in India and nearby markets.

Coming soon