Vaidya Sane Ayurved Laboratories Ltd
NSE: MADHAVBAUG BSE: 535434
₹175
(-5.41%)
Sat, 04 Apr 2026, 09:20 am
Market Cap1.84B
PE Ratio22.42
Dividend0
Health Services
Medical/Nursing Services
24.5KCompany History
1999
- The company was originally incorporated as a private limited company under the Companies Act, 1956 with the name Vaidya Sane Ayurved Laboratories Private Limited.
2006
- The first Cardiac Prevention and Rehabilitation Hospital was opened at Khopoli and the first Madhavbaug Clinic was opened at Dombivili, Maharashtra.
2009
- An in-house research and development team was set up at Thane.
2012
- The first Cardiac Prevention and Rehabilitation Hospital was opened at Nagpur.
2013
- The 100th Madhavbaug Clinic was opened at Kankavli, Ratnagiri.
2014
- Arogyam Hriday Sampada was launched with a mission to create awareness of heart disease.
2015
- Therapies for risk factors such as Diabetes, Obesity, and Hypertension were launched at Madhavbaug Clinics.
2016
- Disease-wise diet kits were introduced at Madhavbaug Clinics.
- The Madhavbaug Institute of Preventive Cardiology was established with MUHS.
2017
- The company entered into the state of Madhya Pradesh.
- Madhavbaug Clinics received Frost and Sullivan's 2017 India Best Practices Award.
- A randomized controlled trial by Madhavbaug was published in the Indian Heart Journal, the official publication of the Cardiological Society of India.
2018
- Madhavbaug Clinics entered the India Book of Records for conducting GTT of 661 diabetic patients in a single day at 13 different locations.
- The company participated as the main sponsor of the World Ayurved Congress 2018 held at Ahmedabad.
- The 200th Madhavbaug Clinic was opened at Nanded, Maharashtra.
- The company entered into the states of Uttar Pradesh and Gujarat.
2019
- The company entered into the state of Delhi.
- Madhavbaug introduced a research-based heart blockage management program.
- New registrations of over 90,000 patients were achieved and more than 27,000 stress tests were conducted and over 3,00,000 panchkarma procedures were performed.
2020
- The MIB Pulse Mobile Application was launched for patient engagement.
- The company entered into the state of Karnataka.
2021
- The company was converted into a public limited company and the name was changed to Vaidya Sane Ayurved Laboratories Limited by a special resolution passed on November 19.
- A fresh Certificate of Incorporation consequent upon conversion was issued on November 25 by the Registrar of Companies, Pune.
- MIB Pulse Mobile Application achieved over 1,00,000 downloads.
- The 250th Madhavbaug Clinic was opened at Vashi.
- The company entered into the state of Chhattisgarh.
- A research trial on one year follow-up of Diabetes patients treated by Madhavbaug was published in Journal of Association of Physicians of India.
2023
- The company completed the acquisition of Dynamic Remedies Private Limited and UV Ayurgen Pharma Private Limited.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800