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 ₹ 116 Cr.
- Current Price ₹ 77.0
- High / Low ₹ 100 / 76.0
- Stock P/E 13.0
- 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
Healthcare Healthcare Healthcare Services Healthcare Service Provider
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.