Krsnaa Diagnostics Ltd
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]
- Market Cap ₹ 1,908 Cr.
- Current Price ₹ 588
- High / Low ₹ 894 / 579
- Stock P/E 23.7
- Book Value ₹ 285
- Dividend Yield 0.47 %
- ROCE 11.9 %
- ROE 8.76 %
- Face Value ₹ 5.00
Pros
Cons
- Promoter holding is low: 27.1%
- Company has a low return on equity of 8.27% over last 3 years.
- Debtor days have increased from 100.0 to 141 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
Healthcare Healthcare Healthcare Services Healthcare Service Provider
Part of BSE Healthcare BSE Allcap
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 39 | 61 | 455 | 487 | 620 | 717 | 766 | |
| 30 | 42 | 324 | 365 | 475 | 527 | 556 | |
| Operating Profit | 9 | 19 | 132 | 122 | 144 | 190 | 210 |
| OPM % | 23% | 31% | 29% | 25% | 23% | 27% | 27% |
| 3 | 2 | 15 | 19 | 17 | 26 | 16 | |
| Interest | 9 | 9 | 18 | 8 | 16 | 25 | 29 |
| Depreciation | 6 | 12 | 41 | 54 | 75 | 88 | 90 |
| Profit before tax | -3 | 0 | 87 | 80 | 70 | 103 | 107 |
| Tax % | 49% | 180% | 21% | 23% | 19% | 24% | |
| -5 | -0 | 68 | 62 | 57 | 78 | 80 | |
| EPS in Rs | -9.53 | -0.14 | 21.78 | 19.78 | 17.60 | 24.04 | 24.81 |
| Dividend Payout % | 0% | 0% | 11% | 14% | 14% | 11% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 16% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 3% |
| TTM: | 6% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| 1 Year: | -20% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 8% |
| Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 16 | 16 | 16 | 16 | 16 |
| Reserves | 6 | 6 | 669 | 723 | 794 | 867 | 907 |
| 131 | 102 | 41 | 32 | 160 | 204 | 286 | |
| 44 | 80 | 150 | 137 | 201 | 192 | 298 | |
| Total Liabilities | 186 | 192 | 875 | 908 | 1,170 | 1,278 | 1,507 |
| 74 | 131 | 386 | 471 | 647 | 670 | 683 | |
| CWIP | 20 | 6 | 28 | 25 | 10 | 3 | 30 |
| Investments | 1 | 1 | 0 | 0 | 0 | 32 | 32 |
| 91 | 55 | 461 | 412 | 513 | 573 | 762 | |
| Total Assets | 186 | 192 | 875 | 908 | 1,170 | 1,278 | 1,507 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -23 | 64 | 128 | 76 | 24 | 87 | |
| -47 | -54 | -241 | -109 | -129 | -100 | |
| 105 | -41 | 176 | -33 | 84 | 14 | |
| Net Cash Flow | 36 | -31 | 64 | -66 | -20 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 79 | 84 | 46 | 55 | 104 | 141 |
| Inventory Days | 21 | 24 | ||||
| Days Payable | 76 | 100 | ||||
| Cash Conversion Cycle | 24 | 8 | 46 | 55 | 104 | 141 |
| Working Capital Days | -69 | -113 | -23 | 11 | -21 | 21 |
| ROCE % | 7% | 12% | 10% | 12% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|
| CT/MRI Centers Number |
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| Patients Served Million |
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| Total Diagnostic Centers Number |
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| Total Tests Conducted Million |
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| NABH Accredited Radiology Centers Number |
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| NABL Accredited Pathology Labs Number |
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| Retail Touch Points Number |
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| Retail Revenue Contribution Percentage |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
26 Feb - -Analyst / Institutional Investor Meeting scheduled on February 27, 2026.
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Announcement under Regulation 30 (LODR)-Allotment
23 Feb - Allotment of 43,000 NCDs totaling INR430 crore to ADB; 7.79% coupon; 7-year tenure (23-Feb-2026 to 23-Feb-2033).
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Update Of Meeting Held On February 22, 2026.
22 Feb - Re-appointment of Rajendra Mutha as Executive Chairman from April 26, 2026 to April 25, 2031 (subject to shareholder approval).
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Announcement under Regulation 30 (LODR)-Change in Directorate
22 Feb - Rajendra Mutha re-appointed Executive Chairman for five years from April 26, 2026 to April 25, 2031, subject to postal ballot.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
11 Feb - Transcript of Earning call held on February 06, 2026 at 12:30 Hrs. (IST).
Annual reports
Concalls
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Nov 2025TranscriptAI SummaryPPT
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Aug 2025Transcript PPT
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Oct 2024TranscriptAI SummaryPPT
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Aug 2024Transcript PPT
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Aug 2024TranscriptAI SummaryPPT
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May 2024Transcript PPT REC
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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Jun 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT REC
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Jun 2022Transcript PPT
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Mar 2022TranscriptAI SummaryPPT
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Feb 2022Transcript PPT
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Nov 2021TranscriptPPT
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Oct 2021Transcript PPT
Business Profile[1]
Krsnaa Diagnostics Limited is one of India’s largest differentiated diagnostic service providers with a Pan-India presence in Radiology and Pathology. It has established a Pan India presence through partnerships with government hospitals and operates a substantial number of CT and MRI centers.