Nidan Laboratories & Healthcare Ltd

Nidan Laborator. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Nidan Laboratories & Healthcare Ltd

₹ 29.1 1.04%
22 Nov - close price
Company website NSE - SME: NIDAN
About

Incorporated in 2000, Nidan Laboratories & Healthcare Ltd provides various Healthcare and Diagnostics Services[1]

Key Points

History[1]
Nidan was established in 2000 by Dr. Nitin Thorve and Mrs. Roshan Thorve. The company runs 35 diagnostic centres across greater Mumbai. Nidan operates its centres through the brand named 'Nidan Diagnostics’ and offers services including CT scan, MRI, Ultra Sound, 2D Echo, ECG, etc. The company is listed on NSE.

Website NSE - SM
  • Market Cap ₹ 40.4 Cr.
  • Current Price ₹ 29.1
  • High / Low ₹ 41.2 / 27.0
  • Stock P/E 21.1
  • Book Value ₹ 48.4
  • Dividend Yield 0.00 %
  • ROCE 7.95 %
  • ROE -0.03 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 0.60 times its book value

Cons

  • The company has delivered a poor sales growth of 3.80% over past five years.
  • Company has a low return on equity of 3.30% over last 3 years.
  • Company's cost of borrowing seems high
  • Working capital days have increased from 226 days to 366 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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Half Yearly Results

Figures in Rs. Crores

Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
13.14 14.09 10.18 11.82 12.35 10.53
9.52 8.93 8.54 8.48 9.24 7.93
Operating Profit 3.62 5.16 1.64 3.34 3.11 2.60
OPM % 27.55% 36.62% 16.11% 28.26% 25.18% 24.69%
0.39 0.33 3.00 1.52 -5.29 1.03
Interest 0.95 1.03 1.19 0.98 1.20 0.88
Depreciation 0.87 1.44 1.66 1.28 1.59 1.34
Profit before tax 2.19 3.02 1.79 2.60 -4.97 1.41
Tax % 61.19% 23.51% 31.28% 26.15% 3.62% 21.99%
0.86 2.32 1.22 1.92 -5.15 1.10
EPS in Rs 0.62 1.67 0.88 1.38 -3.71 0.79
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
20.07 21.41 20.38 29.66 24.27 24.18 22.88
12.23 13.78 11.49 20.25 17.47 17.74 17.17
Operating Profit 7.84 7.63 8.89 9.41 6.80 6.44 5.71
OPM % 39.06% 35.64% 43.62% 31.73% 28.02% 26.63% 24.96%
0.37 0.01 1.06 0.40 3.33 -3.76 -4.26
Interest 4.75 3.74 3.46 2.66 2.22 2.18 2.08
Depreciation 3.24 3.19 3.18 2.63 3.10 2.87 2.93
Profit before tax 0.22 0.71 3.31 4.52 4.81 -2.37 -3.56
Tax % 0.00% 0.00% 30.21% 41.15% 26.40% 36.29%
0.22 0.71 2.30 2.66 3.54 -3.23 -4.05
EPS in Rs 0.22 0.72 2.32 1.91 2.55 -2.32 -2.92
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 4%
3 Years: 6%
TTM: 4%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -39%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -29%
1 Year: -16%
Return on Equity
10 Years: %
5 Years: 4%
3 Years: 3%
Last Year: 0%

Balance Sheet

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 9.90 9.90 9.90 13.90 13.90 13.90 13.90
Reserves 0.41 1.13 3.43 52.00 55.54 52.31 53.41
32.16 34.35 38.04 19.29 10.93 12.44 11.77
0.58 -0.17 2.37 3.29 4.03 3.90 4.37
Total Liabilities 43.05 45.21 53.74 88.48 84.40 82.55 83.45
23.28 20.10 19.92 20.46 21.39 17.95 17.43
CWIP 0.00 0.00 0.23 3.81 0.00 0.04 0.06
Investments 0.53 0.53 0.27 0.00 0.00 0.00 20.00
19.24 24.58 33.32 64.21 63.01 64.56 45.96
Total Assets 43.05 45.21 53.74 88.48 84.40 82.55 83.45

Cash Flows

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
8.95 4.62 4.35 7.83 10.97 -14.93
1.00 -0.01 -3.22 -35.74 -0.29 9.84
-5.81 -1.56 -1.22 28.72 -10.37 -0.49
Net Cash Flow 4.14 3.05 -0.10 0.80 0.32 -5.57

Ratios

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 102.03 92.57 97.25 65.96 90.69 7.85
Inventory Days 16.98 12.88 18.17 25.99
Days Payable 116.72 -25.76 213.05 135.84
Cash Conversion Cycle 2.29 131.22 -97.64 -43.89 90.69 7.85
Working Capital Days 256.25 291.69 238.56 176.10 136.10 366.06
ROCE % 10.13% 13.99% 10.09% 8.17% 7.95%

Shareholding Pattern

Numbers in percentages

Nov 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024
71.22% 71.22% 71.22% 71.22% 62.79% 57.04% 57.04%
28.78% 28.79% 28.78% 28.78% 37.21% 42.96% 42.96%
No. of Shareholders 2,9402,7912,5162,4402,7772,8442,790

Documents

Announcements

Annual reports

Credit ratings