Krsnaa Diagnostics Ltd

Krsnaa Diagnostics Ltd

₹ 632 0.13%
03 Jul 10:40 a.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 2,040 Cr.
  • Current Price 632
  • High / Low 789 / 449
  • Stock P/E 35.9
  • Book Value 251
  • Dividend Yield 0.44 %
  • ROCE 9.94 %
  • ROE 7.34 %
  • Face Value 5.00

Pros

Cons

  • Stock is trading at 2.52 times its book value
  • Promoter holding is low: 27.0%
  • Debtor days have increased from 68.3 to 104 days.
  • Working capital days have increased from 41.0 days to 120 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
132 108 106 108 113 123 118 133 140 155 158 166
91 76 76 80 85 92 89 99 108 124 121 123
Operating Profit 42 32 30 28 28 31 29 34 31 32 37 44
OPM % 31% 29% 28% 26% 25% 25% 25% 26% 22% 20% 24% 26%
3 3 4 4 5 4 5 6 4 4 4 4
Interest 6 8 2 2 1 2 2 2 2 3 4 7
Depreciation 10 10 11 10 12 13 14 15 16 19 21 18
Profit before tax 29 17 21 20 19 20 18 24 18 13 16 23
Tax % 25% 25% 24% 10% 24% 24% 23% 20% 18% 22% 19% 17%
22 13 16 18 14 15 14 19 15 10 13 19
EPS in Rs 16.63 3.99 5.20 5.71 4.53 4.89 4.34 6.03 4.66 3.34 4.02 5.80
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2022 Mar 2023 Mar 2024
39 61 455 487 620
30 42 324 365 475
Operating Profit 9 19 132 122 144
OPM % 23% 31% 29% 25% 23%
3 2 15 19 17
Interest 9 9 18 8 16
Depreciation 6 12 41 54 75
Profit before tax -3 0 87 80 70
Tax % -49% 180% 21% 23% 19%
-5 -0 68 62 57
EPS in Rs -9.53 -0.14 21.78 19.78 17.60
Dividend Payout % 0% 0% 11% 14% 14%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 27%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -8%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 8%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2022 Mar 2023 Mar 2024
Equity Capital 5 5 16 16 16
Reserves 6 6 669 723 794
Preference Capital 50 65 0 0
81 37 41 32 160
94 145 150 137 202
Total Liabilities 186 192 875 908 1,172
74 131 386 471 647
CWIP 20 6 28 25 10
Investments 1 1 0 0 0
91 55 461 412 515
Total Assets 186 192 875 908 1,172

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2022 Mar 2023 Mar 2024
-23 64 128 76 24
-47 -54 -241 -109 -129
105 -41 176 -33 84
Net Cash Flow 36 -31 64 -66 -20

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2022 Mar 2023 Mar 2024
Debtor Days 79 84 46 55 104
Inventory Days 21 24 93
Days Payable 76 100 213
Cash Conversion Cycle 24 8 46 55 -17
Working Capital Days -69 -113 -17 19 120
ROCE % 7% 12%

Shareholding Pattern

Numbers in percentages

2 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
27.38% 27.38% 27.38% 27.38% 27.79% 27.79% 27.79% 27.79% 27.79% 27.03% 27.03%
6.00% 4.44% 4.49% 4.27% 4.06% 4.14% 3.39% 5.69% 3.68% 3.44% 3.34%
30.16% 30.14% 28.64% 27.36% 20.43% 19.41% 18.49% 19.77% 18.73% 16.59% 15.37%
36.45% 38.04% 39.49% 40.98% 47.71% 48.65% 50.33% 46.74% 49.79% 52.94% 54.27%
No. of Shareholders 75,55475,06571,44570,26870,03368,68867,11662,25760,66557,23256,458

* 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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