Modern Diagnostic & Research Centre Ltd
Incorporated in 1985, Modern Diagnostic & Research Centre Limited (MDRC) is a diagnostic chain in India, offering a comprehensive range of pathology and radiology services.[1]
- Market Cap ₹ 141 Cr.
- Current Price ₹ 93.6
- High / Low ₹ 100 / 91.0
- Stock P/E 15.8
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 39.0 %
- ROE 55.2 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.6%
Cons
* 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
Part of BSE SME IPO
Quarterly Results
Figures in Rs. Crores
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 60.21 | 56.28 | 67.13 | 77.95 | |
| 54.19 | 57.26 | 55.99 | 59.99 | |
| Operating Profit | 6.02 | -0.98 | 11.14 | 17.96 |
| OPM % | 10.00% | -1.74% | 16.59% | 23.04% |
| 0.35 | 0.32 | 1.46 | 0.86 | |
| Interest | 1.57 | 1.41 | 1.81 | 1.91 |
| Depreciation | 3.66 | 3.87 | 3.92 | 4.19 |
| Profit before tax | 1.14 | -5.94 | 6.87 | 12.72 |
| Tax % | 227.19% | -3.54% | 15.57% | 29.48% |
| -1.45 | -5.73 | 5.79 | 8.97 | |
| EPS in Rs | -14.50 | -57.30 | 57.90 | 8.15 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 9% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 101% |
| TTM: | 53% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 27% |
| Last Year: | 55% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 1.00 | 1.00 | 1.00 | 11.00 |
| Reserves | 10.70 | 4.96 | 10.76 | 9.73 |
| 20.40 | 15.31 | 20.46 | 22.09 | |
| 16.60 | 15.27 | 17.26 | 21.76 | |
| Total Liabilities | 48.70 | 36.54 | 49.48 | 64.58 |
| 24.31 | 23.67 | 27.04 | 30.65 | |
| CWIP | 0.75 | 0.00 | 3.60 | 8.95 |
| Investments | 5.29 | 0.11 | 0.21 | 0.23 |
| 18.35 | 12.76 | 18.63 | 24.75 | |
| Total Assets | 48.70 | 36.54 | 49.48 | 64.58 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 3.64 | -0.12 | 7.93 | 13.73 | |
| -5.20 | 2.11 | -11.03 | -13.14 | |
| 4.50 | -6.47 | 3.36 | -0.22 | |
| Net Cash Flow | 2.94 | -4.48 | 0.26 | 0.37 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 54.56 | 52.27 | 56.28 | 59.75 |
| Inventory Days | 25.90 | 40.62 | 61.45 | 95.47 |
| Days Payable | 172.38 | 170.83 | 177.12 | 160.28 |
| Cash Conversion Cycle | -91.92 | -77.94 | -59.39 | -5.06 |
| Working Capital Days | -43.95 | -58.82 | -34.74 | -41.53 |
| ROCE % | -17.24% | 32.75% | 38.99% |
Business Profile[1]
Modern Diagnostic & Research Centre Limited is an integrated diagnostic services provider offering pathology and radiology services across India. The company operates a one-stop diagnostic model covering routine, high-end, and specialized tests for patients, hospitals, corporates, and healthcare providers.