Vijaya Diagnostic Centre Ltd
Vijaya Diagnostics Centre limited is a leading diagnostic medicare services provider in Southern India and offers comprehensive services that include nuclear medicine, radiology, laboratory, health check-ups and medical services. The company provides its services across 13 cities through its 81 diagnostic centers and 11 reference laboratories.[1]
- Market Cap ₹ 16,056 Cr.
- Current Price ₹ 1,559
- High / Low ₹ 1,578 / 848
- Stock P/E 83.2
- Book Value ₹ 91.7
- Dividend Yield 0.13 %
- ROCE 21.5 %
- ROE 19.5 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 17.0 times its book value
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 238 | 279 | 329 | 367 | 451 | 450 | 525 | 634 | 765 | 808 | |
| 160 | 187 | 196 | 204 | 251 | 271 | 313 | 379 | 443 | 460 | |
| Operating Profit | 78 | 92 | 133 | 163 | 200 | 179 | 212 | 255 | 322 | 347 |
| OPM % | 33% | 33% | 40% | 44% | 44% | 40% | 40% | 40% | 42% | 43% |
| 5 | 9 | 12 | 11 | 13 | 15 | 19 | 17 | 25 | 27 | |
| Interest | 4 | 4 | 15 | 15 | 16 | 21 | 24 | 25 | 31 | 34 |
| Depreciation | 23 | 26 | 48 | 50 | 52 | 61 | 55 | 65 | 80 | 84 |
| Profit before tax | 56 | 70 | 82 | 110 | 144 | 111 | 152 | 183 | 236 | 256 |
| Tax % | 36% | 31% | 25% | 24% | 25% | 25% | 25% | 26% | 25% | |
| 35 | 49 | 61 | 83 | 108 | 83 | 115 | 136 | 178 | 193 | |
| EPS in Rs | 78.17 | 108.02 | 135.13 | 18.28 | 10.60 | 8.15 | 11.20 | 13.24 | 17.33 | 18.77 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 9% | 12% | 9% | 15% | 12% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 19% |
| TTM: | 21% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 27% |
| TTM: | 32% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 51% |
| 1 Year: | 47% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 18% |
| Last Year: | 20% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 162 | 211 | 273 | 356 | 460 | 535 | 643 | 770 | 933 |
| 26 | 36 | 156 | 137 | 183 | 248 | 250 | 292 | 396 | |
| 31 | 40 | 41 | 36 | 58 | 57 | 59 | 149 | 120 | |
| Total Liabilities | 224 | 292 | 475 | 533 | 711 | 850 | 962 | 1,221 | 1,460 |
| 102 | 137 | 264 | 261 | 364 | 517 | 582 | 673 | 862 | |
| CWIP | 3 | 3 | 10 | 9 | 34 | 28 | 9 | 67 | 35 |
| Investments | 77 | 73 | 58 | 32 | 59 | 144 | 254 | 326 | 368 |
| 42 | 80 | 143 | 231 | 254 | 161 | 117 | 154 | 195 | |
| Total Assets | 224 | 292 | 475 | 533 | 711 | 850 | 962 | 1,221 | 1,460 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 62 | 77 | 109 | 128 | 155 | 163 | 175 | 208 | 256 | |
| -100 | -91 | -34 | -129 | -127 | -108 | -139 | -167 | -166 | |
| -7 | 8 | -28 | -48 | -25 | -41 | -43 | -47 | -63 | |
| Net Cash Flow | -44 | -7 | 46 | -49 | 4 | 13 | -8 | -5 | 27 |
| Free Cash Flow | 31 | 18 | 62 | 97 | 35 | 38 | 92 | 137 | 91 |
| CFO/OP | 105% | 104% | 99% | 97% | 97% | 105% | 98% | 96% | 95% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 14 | 14 | 9 | 7 | 8 | 7 | 9 | 7 | 10 |
| Inventory Days | 24 | 19 | 23 | 16 | 22 | 12 | 26 | 18 | 18 |
| Days Payable | 152 | 175 | 163 | 133 | 108 | 172 | 178 | 141 | 143 |
| Cash Conversion Cycle | -115 | -142 | -130 | -110 | -79 | -153 | -143 | -116 | -114 |
| Working Capital Days | -22 | -28 | -40 | -21 | -32 | -37 | -28 | -47 | -35 |
| ROCE % | 33% | 27% | 27% | 28% | 18% | 19% | 20% | 22% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| B2C Revenue Share % |
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| Diagnostic Centres Nos |
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| Footfalls Mn |
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| Tests per Footfall Nos |
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| Tests Performed Mn |
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| Radiology Revenue Mix % |
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| Wellness Revenue Share % |
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| Hyderabad Revenue Contribution % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Investor Presentation
- 100% acquisition of integrated diagnostic business undertaking of Arya Wellness Centre, Guwahati, Assam.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Vijaya Diagnostic to acquire Arya Wellness Centre, Guwahati, for ~₹46 crore; closure expected in three months.
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Board Meeting Outcome for Outcome Of The Board Meeting - Acquisition
- Board approved acquisition of Arya Wellness Centre diagnostic business for ₹46.20 crore, expanding Vijaya Diagnostic into Assam.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Analyst/institutional investor meeting scheduled for 10 September 2026 at 11:00 a.m., hosted by Emkay Global.
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Announcement under Regulation 30 (LODR)-Change in Management
- Dr. Venkata Naresh Yallapragada appointed Chief Information Officer effective September 2, 2026.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2022
from nse
Concalls
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Sep 2026PPT
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Aug 2026Transcript PPT REC
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May 2026Transcript PPT
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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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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Aug 2024Transcript PPT
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Jun 2024PPT
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May 2024Transcript PPT REC
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Feb 2024Transcript PPT
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Dec 2023PPT
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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
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Jun 2022Transcript PPT
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Feb 2022Transcript PPT
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Nov 2021Transcript PPT
Market Leadership:[1][2]
The company is the largest integrated B2C focused diagnostic chain in India with 162
state-of-the-art centres spread across 27
cities & towns. It was among the first of independent diagnostic centres in South
India to offer PET CT from Wipro GE Healthcare in 2008.