Metropolis Healthcare Ltd
NSE: METROPOLIS BSE: 542650
₹1947.80
(-1.99%)
Sat, 14 Feb 2026, 00:50 pm
Market Cap100.91B
PE Ratio60.20
Dividend0.21
Company History
1980
- Dr. Sushil Kanubhai Shah commenced the pathology business as a partnership firm in the name of Dr. V. K. Desai's Hospital.
1981
- The partnership was continued by Dr. Sushil Kanubhai Shah, Dr. Kanubhai M. Shah and Dr. Duru Sushil Shah.
1989
- The partnership was continued by Dr. Sushil Kanubhai Shah and Dr. Duru Sushil Shah after the death of Dr. Kanubhai M. Shah.
1995
- The sole proprietorship business of Dr. Sushil Kanubhai Shah was converted into a partnership with Dr. Sushil Kanubhai Shah, Dr. Duru Sushil Shah and Aparna S. Shah as partners, in the name and style of Metropolis Lab.
1998
- Ameera Sushil Shah was inducted as an additional partner in Metropolis Lab.
2000
- Pathnet India Private Limited was incorporated as a private limited company.
2002
- The business of Metropolis Lab was transferred to Dr. V. K. Desai's Hospital as a going concern.
- Dr. G. S. K. Velu and Subbulakshmi K. Velu were admitted as partners in Dr. V. K. Desai Hospitals.
- The name of Dr. V. K. Desai's Hospital was changed to Metropolis Health Services.
- Metropolis Health Services made its first major acquisition of Sudharma.
2003
- Metropolis Health Services was converted into a private limited company as Metropolis Health Services (India) Private Limited.
- Ameera Sushil Shah, Jaswanti Kanubhai Shah, Sadacharan Gomanthybabu and Gomathybabu Gomathy were admitted as partners in Metropolis Health Services.
2004
- Metropolis Health Services was accredited by National Accreditation Board for Testing and Calibration Laboratories.
2005
- Metropolis Health Services received accreditation from The College of American Pathologists.
2006
- Metropolis Health Services received an investment from The Western India Trustee and Executor Company.
- Metropolis Health Services acquired M/s. Lister Laboratory and Research Centre Private Limited in Chennai.
- The name of Metropolis Health Services (India) Private Limited was changed to Metropolis Health Services (India) Limited.
2007
- Metropolis Health Services acquired Desai Clinical Laboratory in Surat.
2008
- Metropolis Health Services acquired R.V Diagnostics & Healthcare Center Private Limited in Bangalore.
2009
- Metropolis Health Services was converted into a public limited company as Metropolis Health Services (India) Limited.
- MHSIL amalgamated with Pathnet India Private Limited.
- Pathnet India Private Limited was converted into a public limited company as Pathnet India Limited.
- The name of Pathnet India Limited was changed to Metropolis Healthcare Limited.
2010
- Metropolis Healthcare received an investment from Foxcreek Investment Limited.
- Metropolis Healthcare was awarded the 'Diagnostic Services Company of the Year' by Frost & Sullivan.
2011
- Metropolis Healthcare acquired LabOne in Raipur.
2012
- Metropolis Healthcare acquired Micron Laboratories in Mumbai.
- Metropolis Healthcare acquired a subsidiary in Kenya.
- Metropolis Healthcare acquired Dr. Patel Pathology Laboratory Private Limited in Nashik.
- Metropolis Healthcare incorporated a subsidiary in Mauritius.
- Metropolis Healthcare was felicitated for providing 'Outstanding Quality Diagnostic Services' by HIV Congress 2012.
2013
- Metropolis Healthcare acquired M/s. Ekopath Center-Pathology and Cytology Division in Guwahati.
- Metropolis Healthcare established GRL in Mumbai.
2014
- Metropolis Healthcare acquired a subsidiary in Ghana.
- Metropolis Healthcare was awarded the 'Most Promising Brand' by the World Consulting and Research Corporation.
- Metropolis Healthcare was awarded as a 'Quality Brand' by Quality Brands India.
2015
- Metropolis Healthcare received an investment from CA Lotus Investments.
- Metropolis Healthcare incorporated a subsidiary in Uganda.
- Metropolis Healthcare incorporated a branch office in Zambia.
- Metropolis Healthcare was awarded the 'Best Diagnostic Company of the Year' at the National Awards for Excellence in Healthcare 2015.
- Metropolis Healthcare was awarded the 'Diagnostic Services Company of the Year' by the VCCircle Network.
- Metropolis Healthcare was awarded for 'Excellence in Productive Employment Creation' by Business Today.
2017
- Metropolis Healthcare acquired Sanjeevani Pathology Laboratory in Rajkot.
2018
- Metropolis Healthcare executed a Public-Private partnership agreement with the National AIDS Control Organisation, Government of India.
- Metropolis Healthcare implemented the Scheme of Amalgamation 2018.
- Metropolis Healthcare incorporated a subsidiary in Tanzania.
- Metropolis Healthcare was awarded for 'Best in Health and Fitness' in the Digital Campaign Awards by LH Insights.
- Metropolis Healthcare was awarded for 'Excellence in Customer Service & Delivery' by Biotrains.
- Metropolis Healthcare received a special jury mention for 'Service Excellence (Diagnostic Centre)' by FICCI at the Healthcare Excellence Awards.
2020
- Metropolis Healthcare won the India CSR award for the 'Too Shy To Ask' App.
- Metropolis Healthcare was awarded India Diagnostic Service Provider Company of the year 2020.
2021
- Metropolis Healthcare completed the acquisition of Hitech Diagnostic Centre.
- Metropolis Healthcare's Board of Directors approved the acquisition of Dr. Ganesan's Hitech Diagnostic Centre.
2024
- Metropolis Healthcare Limited completed the acquisition of Metropolis Foundation.
- Metropolis Healthcare Limited acquired a 100% stake in Core Diagnostics Private Limited.
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