Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Krsnaa Diagnostics Limited

NSE: KRSNAAHealthcare Service Provider

Share price

₹535.50

+0.67% close of 9 Oct 2026

Market cap ₹1,714 CrP/E 17.6

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

70

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹1,714 Cr

P/E ratio

17.6

P/B ratio

1.8

ROCE

12.7%

ROE

10.8%

Dividend yield

0.4%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹832.4552-week low ₹520.30

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 10.2% over the past year, and 15.2% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales held steady, near 26.8% over the last four years.

Whether it grew faster than its sector

It grew 15.2% a year against a sector median of 13.1% — 2.1 percentage points faster.

Room to re-rate, or risk of de-rating

At 17.6× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 57.7×, across 5 companies. It is against its own five-year median of 29.8×, the 5th percentile of its own range.

Whether growth justifies the valuation

Priced at 1.0 times its growth rate, on earnings growth of 18%.

Profit growthPrice per ₹1 profitPer 1% growth
Krsnaa Diagnostics Limited — this one18%/yr17.6×₹0.98
Dr. Lal Path Labs Ltd.30%/yr57.7×₹1.9
Vijaya Diagnostic Centre Limited24%/yr76.8×₹3.2
Metropolis Healthcare Limited11%/yr51.9×₹4.7
Thyrocare Technologies Limited36%/yr44.1×₹1.2
Nephrocare Health Services Limited103%/yr72.4×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Healthcare Service Provider), it ranks 11 of 12 on returns, 6 of 11 on growth, 8 of 12 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 12.7% on capital, ahead of 8% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years it made ₹458 crore of cash from the business but spent ₹785 crore on plant and equipment, ₹327 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹41 crore to ₹534 crore. And the profit is real: of every 100 rupees it reported over 7 years, about 138 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back more slowly than it used to: it went from being paid 23 days before it paid its own suppliers to waiting 48 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

6 of 9 checks clear · 67%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue rose 22% but profit fell 21% as the new Rajasthan network's costs arrived ahead of its revenue.

Announced 14 Aug 2026 · Consolidated · Unaudited

Revenue

₹236 Cr

Revenue vs last year

+22.0%

Revenue vs last quarter

+22.0%

Net profit

₹17 Cr

Profit vs last year

-21.2%

Profit vs last quarter

-60.6%

Net margin

7.0%

EPS

₹5.10

Earnings call transcript · 14 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹1,714 Cr
Prev close
₹535.50
52w High
₹848
52w Low
₹515
Enterprise value
₹1,887 Cr
Beta
1.1
Price CAGR 1y
-34.0%
Price CAGR 3y
-7.0%
Price CAGR 5y
-8.0%
Price CAGR 10y
—

Ratios

Return on assets
5.6%
PEG ratio
1.0
P/E ratio
17.6
P/B ratio
1.8
EV / EBITDA
8.7
Industry P/E
44.0
ROCE
12.7%
ROCE 5y average
11.8%
ROE
10.8%
Debt / Equity
0.5
Interest coverage
4.8
Dividend yield
0.4%
ROE 3y average
9.0%
ROE last year
11.0%

Annual P&L

Annual revenue
₹773 Cr
Annual profit
₹101 Cr
Operating margin
27.0%
Net profit margin
13.1%
EBITDA margin
27.4%
Sales growth 3y
16.6%
Sales growth 5y
66.2%
Profit growth 3y
18.0%
Profit growth 5y
—
EPS
₹31.3
Sales growth TTM
10.0%
Profit growth TTM
22.0%
Dividend payout
6.0%

Quarter P&L

Sales latest quarter
₹236 Cr
Profit latest quarter
₹17 Cr
YoY quarterly sales growth
22.0%
YoY quarterly profit growth
-19.0%
OPM latest quarter
24.6%

Balance Sheet

Book Value
₹306
Face Value
₹5.0
Total debt
₹534 Cr
Total cash
₹361 Cr
Borrowings
₹534 Cr
Reserves / Equity
60.3

Cash Flow

Operating cash flow
₹143 Cr
Free cash flow
-₹72 Cr
FCF yield
-6.2%
Net cash flow
₹26 Cr

Shareholding

Promoter holding
27.1%
FII holding
4.3%
DII holding
14.5%
Public holding
54.1%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Dr Lal Pathlabs1,939.9057.932,5610.72170.528.0797.719.128.0
Vijaya Diagnost.1,459.7580.215,0350.1453.137.6231.022.820.5
Metropolis Healt544.3554.311,2930.3756.925.8450.216.617.8
Thyrocare Tech.508.1044.78,0871.8251.334.1240.024.335.4
Nephrocare Health Services631.7574.66,3530.0032.034.9281.823.715.3
Krsnaa Diagnost.539.7017.91,7510.3716.6-19.4235.522.112.7
Suraksha Diagno.318.9546.41,6610.1612.938.487.720.817.3
3B Blackbio1,581.4024.41,3570.319.0-24.333.550.625.5
Median318.9533.61,1470.0011.028.095.219.120.5

Competes with: 3B Blackbio Dx Limited, Dr. Lal Path Labs Ltd., Gaudium IVF and Women Health Limited, Health X Platform Limited, Metropolis Healthcare Limited, Nephrocare Health Services Limited, One Global Service Provider Limited, Pramodini Medicare Limited, Sastasundar Ventures Limited, Suraksha Diagnostic Limited, Thyrocare Technologies Limited, Vijaya Diagnostic Centre Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales140155158166170186175186193206181193236
Expenses108124121123128137129133142147135138178
Material Cost424748394450
Change in Inventories000000
Purchases of Stock-in-Trade000000
Employee Cost333635363336
Other Expenses595963596091
Operating Profit31323744434945535159465558
OPM %22202426252726282729262825
Other Income44447594444327
Exceptional items (within Other Income)000000
Interest234756676881215
Depreciation16192118212223222224232328
Profit before tax18131623232525292732205222
Tax %18221917232324282524231926
Net Profit15101319182019212124154217
EPS in Rs4.663.344.025.805.556.076.016.406.337.384.70135.10
Diluted EPS in Rs6.286.257.254.66135.04

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2016Mar 2017Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3961455487620717773815
Expenses3042324365475527561597
Material Cost169179
Change in Inventories00
Purchases of Stock-in-Trade00
Employee Cost137140
Other Expenses221241
Operating Profit919132122144190212218
OPM %2331292523272727
Other Income32151917264347
Exceptional items (within Other Income)00
Interest9918816253443
Depreciation612415475889097
Profit before tax-30878070103130125
Tax %491802123192422
Net Profit-5-06862577810197
EPS in Rs-9.53-0.14222018243130
Diluted EPS in Rs2431
Dividend Payout %00111414116

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
35%
5 years
66%
3 years
17%
TTM
10%

Compounded profit growth

10 years
37%
5 years
—
3 years
18%
TTM
22%

Stock price CAGR

10 years
—
5 years
-8%
3 years
-7%
1 year
-34%

Return on equity

10 years
—
5 years
9%
3 years
9%
Last year
11%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital551616161616
Reserves66669723794867964
Borrowings1311024132160204534
Other Liabilities4480150137201192304
Minority Interest00
Total Liabilities1861928759081,1701,2781,819
Fixed Assets74131386471647670656
CWIP2062825103208
Investments110003257
Other Assets9155461412513573897
Total Assets1861928759081,1721,2821,819

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-2364128762487143
Cash from Investing Activity-47-54-241-109-129-100-396
Cash from Financing Activity105-41176-338414279
Net Cash Flow36-3164-66-20126
Free Cash Flow-6910-3-58-169-25-72

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2016Mar 2017Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days79844655104141140
Inventory Days2124
Days Payable76100
Cash Conversion Cycle2484655104141140
Working Capital Days-69-113-2311-212148
ROCE %712101213

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters282727272727272727272727
FIIs3.683.443.343.333.634.043.553.403.664.173.914.28
DIIs191715151614141415141415
Public505354545354555554555554
No. of Shareholders60,66557,23256,45855,91453,51952,79953,55954,26252,11752,38053,02253,625

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -34.9% (₹822.50 → ₹535.50)Brick size ₹19.07 (fixed)Bricks 33
₹600₹700₹800₹536Nov '25Feb '26May '26
Price moved up one brickPrice moved down one brickLast close ₹535.50 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

173inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

20,95,684inr

2026-03-31

same-store sales growth %

12.00pct

2026-06-30

News

News and filings about Krsnaa Diagnostics Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • Diagnostic reagents, chemicals, kits, medicines and consumables

Sells to

  • Commissionerate of Health Services, Government of Maharashtra · CT scan services at district & sub-district government hospitals
  • Department of Medical Health & Family Welfare, Government of Uttar Pradesh · CT scan services in district hospitals
  • Government of Himachal Pradesh · routine and advanced laboratory diagnostic services at public health institutions
  • National Health Mission, Assam · laboratory diagnostic services from government health facilities
  • National Health Mission, Odisha · pathology laboratory services (hub-and-spoke)
  • National Health Mission, Rajasthan · laboratory diagnostic services (Free Diagnostics Initiative, hub-and-spoke)
  • National Health Mission, Tripura · X-ray teleradiology and selective radiology services

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Healthcare
Industry
Healthcare Service Provider
Classification
Healthcare › Healthcare Service Provider
ISIN
INE08LI01020

Plants

  • Pan-India pathology laboratory and collection network · Multiple, Multiple Indian states and union territories
  • Pan-India radiology diagnostic centre network · Multiple, Multiple Indian states and union territories
  • Rajasthan PPP pathology network · Multiple, Rajasthan
  • Tele-radiology reporting facility · Pune, Maharashtra

News impact

Big market events that reach Krsnaa Diagnostics Limited, and how the effect spreads.

Who it hits first

  • Krsnaa Diagnostics won a 15-year Punjab government deal to run PET-CT cancer-imaging scans, opening a costly high-value scan business it did not have before.
  • The stock jumped 11% as investors priced in years of steady scan income from the long contract.

Who may gain

  • Krsnaa Diagnostics gains a 15-year revenue stream and a new high-value PET-CT line; no listed peer shares the award.

Along the supply chain

Downstream

Punjab government hospitals and patients get advanced cancer imaging locally instead of referring cases out.

Upstream

PET-CT scanners come from unlisted global makers (Siemens, GE, Philips) and tracer supply has no listed pure-play, so no listed upstream impact.

Where demand moves

Business

Punjab's public hospitals will send PET-CT scan demand to Krsnaa's new centres for 15 years; scanner makers and tracer suppliers are unlisted so no listed upstream benefit.

Capital

Money rotates into KRSNAA shares on the repricing; no sector-wide rotation since the award is exclusive to one company.

How it spreads across sectors

Healthcare

Mild positive: validates the PPP route for high-end diagnostics and hints other states may tender similar PET-CT deals.

When it plays out

Immediate

Shares already up 11%; follow-through depends on disclosed order value and rollout plan.

Medium term

Scan volumes and revenue/margin contribution from PET-CT over 1-6 months and beyond.

Short term

Agreement signing, centre commissioning schedule, and management commentary in quarterly results.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

18 Sep 2026unspecified₹2
12 Sep 2025unspecified₹2.75
13 Sep 2024unspecified₹2.5
15 Sep 2023unspecified₹2.75
15 Sep 2022unspecified₹2.5

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 2, delete 1, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.