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Krsnaa Diagnostics Ltd

KRSNAA

Krsnaa Diagnostics Ltd

KRSNAA
Health CareHospitals & Diagnostic Centres
SmallcapWith a market cap of ₹3,139 cr, stock is ranked 928
Moderate RiskStock is 2.71x as volatile as Nifty
972.254.02% (+37.55)
972.254.02% (+37.55)

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Health CareHospitals & Diagnostic Centres
SmallcapWith a market cap of ₹3,139 cr, stock is ranked 928
Moderate RiskStock is 2.71x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Health CareHospitals & Diagnostic Centres
SmallcapWith a market cap of ₹3,139 cr, stock is ranked 928
Moderate RiskStock is 2.71x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
45.383.880.26%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
50.096.400.53%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 3 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

The Company provides diagnostic services. It provides radiology and pathology services for X-rays, CT scan, magnetic resonance imaging (MRI), mammography, tele reporting X-ray and all types of blood and urine investigations.

Investor Presentation

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Oct 26, 2024

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

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Financial YearFY 2022FY 2023FY 2024TTM
Total Revenue470.36506.50636.43701.50
Raw Materialssubtract0.000.000.00508.01
Power & Fuel Costsubtract6.349.0812.17
Employee Costsubtract54.1574.56111.47
Selling & Administrative Expensessubtract146.65128.79123.93
Operating & Other expensessubtract116.83152.39227.82
Depreciation/Amortizationsubtract41.3953.7874.5583.02
Interest & Other Itemssubtract18.497.7016.4923.18
Taxes & Other Itemssubtract18.1218.0913.1718.11
EPS21.7819.7817.8521.42
DPS2.502.752.502.50
Payout ratio0.110.140.140.12

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 31PDF
Mar 23PDF
Feb 2PDF
Oct 11PDF
FY 2023

Annual report

PDF

Investor Presentation

May 28PDF
Feb 13PDF
Nov 9PDF
Aug 4PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 14PDF
FY 2025

Annual Report Pending

Investor Presentation

Oct 26PDF
 

Peers & Comparison

Comparing 3 stocks from 
Health CareHospitals & Diagnostic Centres

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Krsnaa Diagnostics Ltd55.243.880.26%
Apollo Hospitals Enterprise Ltd110.9713.620.23%
Max Healthcare Institute Ltd91.9111.560.15%
Fortis Healthcare Ltd86.466.050.15%

Price Comparison

Compare KRSNAA with any stock or ETF
Compare KRSNAA with any stock or ETF
KRSNAA
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding27.17%11.56%4.30%3.63%53.34%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep5.70%3.68%3.44%3.34%3.33%3.63%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Krsnaa Diagnostics Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Tata Small Cap Fund-Direct Plan-Growth

Growth
7.4883%2.48%0.48%13/58 (+7)
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund Direct Plan Growth

Growth
1.6833%1.06%-0.12%32/51 (-4)
Bandhan Small Cap Fund - Growth - Direct Plan

Growth
1.2947%0.47%0.03%17/193 (+6)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 13, 2024

Final
Final | Div/Share: ₹2.50

Dividend/Share

2.50

Ex DateEx Date

Sep 13, 2024

Cash Dividend

Ex DateEx DateSep 15, 2023

Final
Final | Div/Share: ₹2.75

Dividend/Share

2.75

Ex DateEx Date

Sep 15, 2023

Cash Dividend

Ex DateEx DateSep 15, 2022

Final
Final | Div/Share: ₹2.50

Dividend/Share

2.50

Ex DateEx Date

Sep 15, 2022

News & Opinions
Spotlight
Krsnaa Diagnostics rises after Q2 PAT climbs 87% YoY to Rs 20 cr

Revenue from operations jumped by 19.87% year-on-year (YoY) to Rs 186.34 crore in the quarter ended 30 September 2024. During the quarter, EBITDA was at Rs 49.4 crore, up 55.34% YoY. EBITDA margin improved to 26% in Q2 FY25, compared to 21% reported in the same quarter of the previous year. Profit before tax in Q2 FY25 stood at Rs 25.40 crore, up by 89.41% from Rs 13.41 crore in Q2 FY24. On half year basis the company's consolidated net profit surged 49.23% to Rs 375.17 crore in H1 FY25 as against Rs 251.39 crore posted in H1 FY24. The company's revenue from operation jumped 20.86% YoY to Rs 356.57 crore in H1 FY25. Yash Mutha, joint managing director, said, 'We are pleased to report another strong quarter, with significant margin improvements highlighting the success of our operational efficiency initiatives. Additionally, we are excited to introduce new strategic initiatives aimed at expanding our footprint and enhancing service delivery. A key highlight is our entry into Jharkhand, marking a significant milestone in our mission to bring quality diagnostic services to underserved regions. This expansion is part of our broader commitment to providing accessible, affordable, and accurate diagnostics to both urban and rural populations across the country. Our recently announced partnership with Apulki and United Imaging positions us to accelerate growth, expand our market presence, and introducing cutting edge technologies and create new value for our shareholders. We remain focused on executing our long-term strategy of delivering sustainable, profitable growth by leveraging core strengths, optimizing cost structures, and investing in high-growth opportunities. Our senior management remains deeply committed to executing our core growth strategies and we are confident in our ability to meet our annual revenue and profitability targets. The future holds immense potential and we are actively participating in more tenders while building a strong pipeline for continued growth and success.' Pallavi Bhatevara, Executive Director, said, 'In a landmark initiative poised to transform the diagnostics landscape in India, Krsnaa Diagnostics has entered into a strategic partnership with Medikabazaar, India's leading B2B healthcare procurement and supply chain solutions provider, and United Imaging, a global leader in advanced imaging technologies. This collaboration aims to disrupt the industry by introducing cutting-edge radiology equipment to our centers, enabling us to offer superior diagnostic imaging services. Our strategic investment in Apulki Healthcare further expands Krsnaa's opportunities in the fields of oncology and cardiology, allowing us to provide a comprehensive range of services in both radiology and pathology. Currently, Krsnaa Diagnostics is well-positioned to deploy 21 CT scan units, 24 MRI machines, establish 1 lab, and set up 731 collection centers, all under various contractual agreements. These recent contract wins highlight the exceptional capabilities of our in-house teams, showcasing their proficiency in navigating the complex bidding process, meeting all requirements, and successfully securing these contracts. As we embark on these projects, Krsnaa Diagnostics is actively expanding its footprint into new geographical regions, laying a strong foundation for sustainable, long-term growth.' Krsnaa Diagnostics is a differentiated diagnostic service provider in India. It provides a range of technology-enabled diagnostic services such as imaging (including radiology), pathology/clinical laboratory and tele-radiology services to public and private hospitals, medical colleges and community health centres across India. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Earnings
Krsnaa Diagnostics consolidated net profit rises 86.67% in the September 2024 quarter

Net profit of Krsnaa Diagnostics rose 86.67% to Rs 19.60 crore in the quarter ended September 2024 as against Rs 10.50 crore during the previous quarter ended September 2023. Sales rose 19.87% to Rs 186.34 crore in the quarter ended September 2024 as against Rs 155.45 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales186.34155.45 20 OPM %26.5120.45 - PBDT47.6132.88 45 PBT25.4013.42 89 NP19.6010.50 87 Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Corporate
Krsnaa Diagnostics to discuss results

Krsnaa Diagnostics will hold a meeting of the Board of Directors of the Company on 25 October 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Krsnaa Diagnostics to establish and operate radiology center at Sadar Hospital, Ranchi

Krsnaa Diagnostics has received a Letter of Intent from Medical Superintendent, Sadar Hospital, Ranchi, Jharkhand for commission, install, operate and maintain the radiology services on public private partnership basis at Sadar Hospital, Purulia Road, Ranchi 834001. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Krsnaa Diagnostics to establish and operate CT & MRI unit at RINPAS

Krsnaa Diagnostics has received a contract from Ranchi Institute of Neuro-Psychiatry & Allied Services (RINPAS) for supply, install, commission, operate and maintain the radiology center and pathology laboratory services on public private partnership basis at Ranchi Institute of NeuroPsychiatry & Allied Sciences, Government of Jharkhand. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Krsnaa Diagnostics schedules AGM

Krsnaa Diagnostics announced that the Annual General Meeting (AGM) of the company will be held on 21 September 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
Earnings
Krsnaa Diagnostics consolidated net profit rises 22.40% in the June 2024 quarter

Net profit of Krsnaa Diagnostics rose 22.40% to Rs 17.92 crore in the quarter ended June 2024 as against Rs 14.64 crore during the previous quarter ended June 2023. Sales rose 21.96% to Rs 170.23 crore in the quarter ended June 2024 as against Rs 139.58 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales170.23139.58 22 OPM %25.0622.47 - PBDT44.6733.63 33 PBT23.2017.89 30 NP17.9214.64 22 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Krsnaa Diagnostics to convene board meeting

Krsnaa Diagnostics will hold a meeting of the Board of Directors of the Company on 6 August 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live

Krsnaa Diagnostics shares rise 5% on order win from MP Govt to set up MRIs

4 months agoBusiness Standard

Data Patterns, Anupam Rasayan, Trident, Krsnaa Diagnostics Q4 Results Today — Earnings Estimates

6 months agoBloomberg Quint