Company Intelligence Profile
Genworks Health Private Limited
Genworks Health is a Bengaluru-based medical-device and healthcare-technology distributor/integrator, set up with the backing of Wipro GE.
Last updated 4 September 2026
Genworks Health Private Limited is a Bengaluru-based distributor and integrator of medical devices and healthcare technology, backed by Wipro GE. The company reported a revenue between ₹150, 200 Cr for FY ending March 2025, a decrease of approximately 54.91% year-over-year, with negative profitability and a high debt-to-equity ratio of 11.34.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Genworks Health Private Limited |
|---|---|
| CIN | U24230KA2015PTC078753 |
| PAN | AAFCG8949N |
| Status | Active |
| Listing | Not listed (unlisted private limited company) |
| Incorporated | 06 February 2015 |
| ROC | RoC Bangalore / Karnataka |
| Sector (NIC) | Healthcare — medical equipment retail & distribution |
| Registered address | 5th Floor, Gamma Block, Sigma Soft Tech Park, Varthur Road, Ramagondanahalli, Varthur Hobli, Bangalore, Karnataka – 560066 |
| Authorized capital | ₹60.0 Cr |
| Paid-up capital | ₹35.26–35.3 Cr |
Business Overview
- Genworks Health is a Bengaluru-based medical-device and healthcare-technology distributor/integrator, set up with the backing of Wipro GE
- It positions itself as a democratizing-healthcare-access platform delivering connected-care solutions across: Women's Health/FemTech (AI-enabled cervical and breast health screening), Connected Care/telemedicine, Cardiology (ultrasound, tele-cardiology), Critical Care/ICU, In-vitro Diagnostics (IVD), Radiology (imaging, tele-radiology), and Newborn Care
- Partners include GE Healthcare, Wipro, Medtronic and other diagnostic-equipment manufacturers
- Claims to impact "over 6 million lives every year" with reach into Tier-2/Tier-3 Indian cities; also runs a B2B e-commerce storefront at store.genworkshealth.com
- Registry classification separately lists it as a "radiology, medical surgery & cardiology solutions" service provider
- Founding-story/history details (e.g., exact spinout narrative from GE) were not found on currently accessible pages — partial
Directors
Confirmed via Tofler (best source for DINs), cross-checked against TheCompanyCheck's director-name list (names match; TheCompanyCheck did not show DINs):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Ganeshprasad Sengamalam | 01501368 | - | - |
| Avinash Anand Kenkare | 03303607 | - | - |
| Balaji Raghupathy Ramachandran | 08837969 | - | - |
Financials
Latest fiscal year referenced: FY ending March 2025 (standalone, entity-level — no consolidated statement found). Source: Tofler, cross-referenced loosely with TheCompanyCheck (same headline revenue band, likely same underlying filing).
- Revenue: ₹150–200 Cr band, down ~54.91% YoY — partial
- Gross margin: 1.89%; Operating margin: -8.63%; Net profit margin: -14.38% (i.e., PAT is negative)
- Net worth: declined ~62.37% YoY
- Total borrowings: declined ~30.09% YoY
- Total assets: declined ~22.5% YoY
- Debt-to-equity ratio: 11.34 (high leverage)
- EBITDA and exact PAT in rupee terms: not obtained (subscriber-gated)
Overall picture: revenue nearly halved and profitability negative in the latest reported year, alongside a still-elevated leverage ratio despite falling borrowings.
In the News
Genworks Health - 2026 Funding Rounds & List of Investors
Tracxn · 3 months ago
Headlines about Genworks Health Private Limited reported by third-party publications. Recur Club does not author or endorse this coverage. Last checked 9/6/2026.
Source: Google News aggregated headlines
Charges / Loans
Total charged/secured loan amount exceeds ₹315 Cr across 11+ financial institutions/lenders, including:
- IDFC First Bank — ₹90 Cr
- HDFC Bank — ₹79.3 Cr
- Vivriti Capital — ₹45 Cr
- Northern Arc Capital — ₹35 Cr
(Remaining ~₹66 Cr spread across other lenders not itemized in the accessible view.) Individual charge-ID/date-of-creation details not obtained.
Legal
1. M/S PCCS Logistics Pvt. Ltd vs M/S Genworks Health Pvt. Ltd — Delhi District Court, dated 12 Aug 2025, Case No. 3938/2024. 2. Seaways Supply Chain Pvt. Ltd vs Genworks Health Pvt. Ltd — Madras High Court, dated 7 Oct 2025, Judge N.A. Venkatesh. 3. Seaways Supply Chain Pvt. Ltd vs Genworks Health Pvt. Ltd (second filing) — Madras High Court, dated 7 Oct 2025, Judge N.A. Venkatesh. 4. Seaways Supply Chain Pvt Ltd vs Genworks Health Pvt Ltd — Madras High Court, dated 9 Sep 2025, Judge N.A. Venkatesh; involved an application to implead M/s. Noble Logistics Private Limited as a party. All four appear to be commercial/logistics-payment disputes (as defendant), not regulatory or criminal matters. Case titles suggest the same underlying dispute(s) may be duplicated/cross-referenced across filings — noted as a possible near-duplicate rather than 4 fully independent disputes.
Competitors
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