Krsnaa Diagnostics Ltd

Krsnaa Diagnostics Ltd

₹ 615 1.09%
28 Mar - close price
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

Fastest-growing Diagnostic Center
Krsnaa is one of the fastest-growing diagnostic service providers in the country. [1] Krsnaa has expanded its geographical presence from 50+ centers in FY17 to over 2,000+ centers in FY22. [2] The co. has an extensive network of integrated diagnostic centers across India primarily in non-metro and lower-tier cities and towns. As of FY22, the company-operated diagnostic centers offering radiology and pathology services in 14+ states across India. [3]

  • Market Cap 1,993 Cr.
  • Current Price 615
  • High / Low 789 / 440
  • Stock P/E 34.9
  • Book Value 234
  • Dividend Yield 0.45 %
  • ROCE 11.7 %
  • ROE 8.71 %
  • Face Value 5.00

Pros

Cons

  • Stock is trading at 2.63 times its book value
  • Promoter holding has decreased over last quarter: -0.77%
  • Promoter holding is low: 27.0%

* 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
132 108 106 108 113 123 118 133 140 155 158
91 76 76 80 85 92 89 99 108 124 121
Operating Profit 42 32 30 28 28 31 29 34 31 32 37
OPM % 31% 29% 28% 26% 25% 25% 25% 26% 22% 20% 24%
3 3 4 4 5 4 5 6 4 4 4
Interest 6 8 2 2 1 2 2 2 2 3 4
Depreciation 10 10 11 10 12 13 14 15 16 19 21
Profit before tax 29 17 21 20 19 20 18 24 18 13 16
Tax % 25% 25% 24% 10% 24% 24% 23% 20% 18% 22% 19%
22 13 16 18 14 15 14 19 15 10 13
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
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2022 Mar 2023 TTM
39 61 455 487 587
30 42 324 365 452
Operating Profit 9 19 132 122 135
OPM % 23% 31% 29% 25% 23%
3 2 15 19 18
Interest 9 9 18 8 11
Depreciation 6 12 41 54 71
Profit before tax -3 0 87 80 71
Tax % -49% 180% 21% 23%
-5 -0 68 62 57
EPS in Rs -9.53 -0.14 21.78 19.78 18.05
Dividend Payout % -0% -0% 11% 14%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 27%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -7%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 38%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2022 Mar 2023 Sep 2023
Equity Capital 5 5 16 16 16
Reserves 6 6 669 723 740
Preference Capital 50 65 -0 -0
81 37 41 32 109
94 145 150 137 213
Total Liabilities 186 192 875 908 1,077
74 131 386 471 559
CWIP 20 6 28 25 28
Investments 1 1 0 0 0
91 55 461 412 491
Total Assets 186 192 875 908 1,077

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

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

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
27.38% 27.38% 27.38% 27.38% 27.79% 27.79% 27.79% 27.79% 27.79% 27.03%
6.00% 4.44% 4.49% 4.27% 4.06% 4.14% 3.39% 5.69% 3.68% 3.44%
30.16% 30.14% 28.64% 27.36% 20.43% 19.41% 18.49% 19.77% 18.73% 16.59%
36.45% 38.04% 39.49% 40.98% 47.71% 48.65% 50.33% 46.74% 49.79% 52.94%
No. of Shareholders 75,55475,06571,44570,26870,03368,68867,11662,25760,66557,232

* 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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