Nidan Laboratories & Healthcare Ltd

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

Nidan Laboratories & Healthcare Ltd

₹ 13.5 -2.88%
17 Jun 3:42 p.m.
nidanhealthcare.co.in NSE - SME: NIDAN
About

Incorporated in 2000, Nidan Laboratories & Healthcare Ltd is in the business of providing various Healthcare and Diagnostics Services[1]

Key Points

Business Overview:[1]
NLHL is a Healthcare Division of Nidan Group. It operates 35 diagnostic centers across Greater Mumbai under the Nidan Diagnostics brand. Services include CT scan, MRI, Ultrasound, 2D Echo, ECG, and more.

Website NSE - SM
  • Market Cap ₹ 18.8 Cr.
  • Current Price ₹ 13.5
  • High / Low ₹ 24.9 / 12.8
  • Stock P/E 10.7
  • Book Value ₹ 50.1
  • Dividend Yield 0.00 %
  • ROCE 5.99 %
  • ROE 2.55 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 0.28 times its book value
  • Company's working capital requirements have reduced from 87.8 days to 33.6 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 4.62% over past five years.
  • Company has a low return on equity of 1.81% over last 3 years.
  • Promoter holding has decreased over last 3 years: -14.2%

* 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 Nifty SME Emerge

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Half Yearly Results

Figures in Rs. Crores

Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
13.14 14.09 10.18 11.82 12.35 10.53 13.99 13.12 12.42
9.52 8.93 8.54 8.48 9.24 7.93 11.53 10.58 10.12
Operating Profit 3.62 5.16 1.64 3.34 3.11 2.60 2.46 2.54 2.30
OPM % 27.55% 36.62% 16.11% 28.26% 25.18% 24.69% 17.58% 19.36% 18.52%
0.39 0.33 3.00 1.52 -5.29 1.03 1.22 1.17 0.29
Interest 0.95 1.03 1.19 0.98 1.20 0.88 1.26 0.88 1.07
Depreciation 0.87 1.44 1.66 1.28 1.59 1.34 1.07 0.92 0.98
Profit before tax 2.19 3.02 1.79 2.60 -4.97 1.41 1.35 1.91 0.54
Tax % 61.19% 23.51% 31.28% 26.15% 3.62% 21.99% 34.81% 24.61% 87.04%
0.86 2.32 1.22 1.92 -5.15 1.10 0.88 1.43 0.07
EPS in Rs 0.62 1.67 0.88 1.38 -3.71 0.79 0.63 1.03 0.05
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
20.07 21.41 20.38 29.66 24.27 24.18 24.53 25.54
12.23 13.78 11.49 20.25 17.47 17.74 19.47 20.70
Operating Profit 7.84 7.63 8.89 9.41 6.80 6.44 5.06 4.84
OPM % 39.06% 35.64% 43.62% 31.73% 28.02% 26.63% 20.63% 18.95%
0.37 0.01 1.06 0.40 3.33 -3.76 2.25 1.46
Interest 4.75 3.74 3.46 2.66 2.22 2.18 2.14 1.96
Depreciation 3.24 3.19 3.18 2.63 3.10 2.87 2.41 1.90
Profit before tax 0.22 0.71 3.31 4.52 4.81 -2.37 2.76 2.44
Tax % 0.00% 0.00% 30.21% 41.15% 26.40% 36.29% 28.26% 38.11%
0.22 0.71 2.30 2.66 3.54 -3.23 1.98 1.51
EPS in Rs 0.22 0.72 2.32 1.91 2.55 -2.32 1.42 1.09
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 5%
3 Years: 2%
TTM: 4%
Compounded Profit Growth
10 Years: %
5 Years: -5%
3 Years: -19%
TTM: -10%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -33%
1 Year: -34%
Return on Equity
10 Years: %
5 Years: 3%
3 Years: 2%
Last Year: 3%

Balance Sheet

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 9.90 9.90 9.90 13.90 13.90 13.90 13.90 13.90
Reserves 0.41 1.13 3.43 52.00 55.54 52.31 54.28 55.79
32.16 34.35 38.04 19.29 10.93 12.44 11.11 11.17
0.58 -0.17 2.37 3.29 4.03 3.90 3.65 3.14
Total Liabilities 43.05 45.21 53.74 88.48 84.40 82.55 82.94 84.00
23.28 20.10 19.92 20.46 21.39 17.95 16.33 14.91
CWIP 0.00 0.00 0.23 3.81 0.00 0.04 0.15 0.15
Investments 0.53 0.53 0.27 0.00 0.00 0.00 20.00 20.00
19.24 24.58 33.32 64.21 63.01 64.56 46.46 48.94
Total Assets 43.05 45.21 53.74 88.48 84.40 82.55 82.94 84.00

Cash Flows

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
8.95 4.62 4.35 7.83 10.97 5.52 2.28 1.67
1.00 -0.01 -3.22 -35.74 -0.29 -10.60 -0.22 0.06
-5.81 -1.56 -1.22 28.72 -10.37 -0.49 -3.01 -1.63
Net Cash Flow 4.14 3.05 -0.10 0.80 0.32 -5.57 -0.95 0.10
Free Cash Flow 9.95 4.61 1.13 1.36 11.02 4.88 1.41 1.19
CFO/OP 114% 61% 49% 96% 162% 129% 77% 55%

Ratios

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 102.03 92.57 97.25 65.96 90.69 7.85 18.90 31.73
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 18.90 31.73
Working Capital Days 256.25 291.69 -189.31 54.52 43.46 243.18 -13.39 33.58
ROCE % 10.13% 13.99% 10.09% 8.17% 7.95% 6.17% 5.99%

Insights

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Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Trade Receivable Turnover Ratio
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Number of Permanent Employees
Number
Revenue from Pathology
Rs. in Lakhs
Revenue from Radiology
Rs. in Lakhs
Number of Diagnostic Centers
Number

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

1 Recently
Nov 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Dec 2025Mar 2026
71.22% 71.22% 71.22% 71.22% 62.79% 57.04% 57.04% 57.04% 57.04% 57.04% 57.04%
28.78% 28.79% 28.78% 28.78% 37.21% 42.96% 42.96% 42.96% 42.96% 42.96% 42.96%
No. of Shareholders 2,9402,7912,5162,4402,7772,8442,7902,5812,4892,4372,362

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