Krsnaa Diagnostics Ltd

Krsnaa Diagnostics Ltd

₹ 934 0.08%
21 Nov 4:00 p.m.
About

Krsnaa Diagnostics Ltd provides a range of technology-enabled diagnostic services such as imaging, clinical laboratory, and teleradiology services to hospitals, medical colleges, and community health centers across India with an extensive network across non-metro and lower-tier cities and towns.[1]

Key Points

Service Offerings
The company is one of India’s fastest‑growing, differentiated diagnostics service providers. Its technology-enabled diagnostic services include imaging (including radiology), pathology/clinical laboratory, and tele‑radiology services. It has proven capabilities and the largest presence in the PPP diagnostics segment and extends its services to private and public hospitals, medical colleges, and community health centers in Pan‑India. [1]

  • Market Cap 3,020 Cr.
  • Current Price 934
  • High / Low 973 / 528
  • Stock P/E 41.8
  • Book Value 263
  • Dividend Yield 0.27 %
  • ROCE 10.1 %
  • ROE 7.52 %
  • Face Value 5.00

Pros

Cons

  • Stock is trading at 3.56 times its book value
  • Promoter holding is low: 27.2%
  • Company has a low return on equity of 10.5% over last 3 years.
  • Dividend payout has been low at 12.8% of profits over last 3 years
  • Debtor days have increased from 72.1 to 110 days.
  • Working capital days have increased from 46.3 days to 131 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Healthcare Industry: Healthcare

Part of BSE Allcap BSE SmallCap BSE Healthcare

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
108 106 108 112 121 116 116 132 147 152 159 163 179
76 75 78 81 87 82 91 100 116 117 116 120 126
Operating Profit 32 31 30 31 34 34 25 32 31 35 43 43 52
OPM % 29% 29% 28% 28% 28% 29% 22% 24% 21% 23% 27% 26% 29%
3 4 4 5 4 5 6 4 4 4 4 7 5
Interest 8 2 2 1 2 2 2 2 3 4 7 5 6
Depreciation 10 11 10 12 13 14 15 16 18 18 18 21 22
Profit before tax 17 22 22 22 24 22 14 19 14 17 22 24 28
Tax % 25% 23% 12% 24% 24% 24% 17% 18% 20% 20% 17% 23% 23%
13 17 19 17 18 17 12 15 11 14 18 18 22
EPS in Rs 3.99 5.49 6.16 5.35 5.72 5.37 3.76 4.86 3.60 4.21 5.70 5.63 6.80
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
36 57 108 147 258 396 455 464 590 653
35 42 169 87 373 302 320 340 444 479
Operating Profit 0 15 -62 60 -114 94 135 124 146 174
OPM % 1% 26% -57% 41% -44% 24% 30% 27% 25% 27%
3 4 3 2 13 265 15 19 17 20
Interest 6 6 8 16 25 26 18 8 16 23
Depreciation 5 10 18 26 32 37 41 54 75 80
Profit before tax -7 2 -84 21 -158 295 90 82 72 91
Tax % 6% 8% -29% 40% -29% 37% 21% 23% 19%
-8 2 -60 12 -112 185 71 64 59 72
EPS in Rs -15.05 4.01 -116.54 24.15 -216.83 284.73 22.52 20.23 18.14 22.34
Dividend Payout % 0% 0% 0% 0% 0% 0% 11% 14% 14%
Compounded Sales Growth
10 Years: %
5 Years: 32%
3 Years: 14%
TTM: 28%
Compounded Profit Growth
10 Years: %
5 Years: 36%
3 Years: -32%
TTM: 31%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 14%
1 Year: 49%
Return on Equity
10 Years: %
5 Years: %
3 Years: 11%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 5 5 5 5 6 16 16 16 16
Reserves 4 6 43 -217 -17 671 727 799 833
131 102 330 246 474 41 32 160 216
24 63 115 596 146 149 134 197 230
Total Liabilities 163 176 493 630 609 877 909 1,172 1,295
59 116 223 275 309 386 471 647 689
CWIP 20 6 42 9 4 28 25 10 3
Investments 0 0 0 0 0 0 0 0 0
85 53 228 345 297 463 413 514 602
Total Assets 163 176 493 630 609 877 909 1,172 1,295

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
59 61 38 119 129 75 24
-53 -201 -77 -67 -241 -109 -129
-37 145 6 20 176 -33 84
Net Cash Flow -31 4 -33 71 64 -66 -20

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 87 91 140 87 69 48 59 110
Inventory Days 21 24 89
Days Payable 76 99 878
Cash Conversion Cycle 32 15 -650 87 69 48 59 110
Working Capital Days 57 -43 -100 -3 -23 -14 22 131
ROCE % 7% -65% 129% 18% 12% 10%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
27.38% 27.38% 27.38% 27.79% 27.79% 27.79% 27.79% 27.79% 27.03% 27.03% 27.17% 27.17%
4.44% 4.49% 4.27% 4.06% 4.14% 3.39% 5.69% 3.68% 3.44% 3.34% 3.33% 3.63%
30.14% 28.64% 27.36% 20.43% 19.41% 18.49% 19.77% 18.73% 16.59% 15.37% 15.26% 15.86%
38.04% 39.49% 40.98% 47.71% 48.65% 50.33% 46.74% 49.79% 52.94% 54.27% 54.23% 53.34%
No. of Shareholders 75,06571,44570,26870,03368,68867,11662,25760,66557,23256,45855,91453,519

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Concalls