Krsnaa Diagnostics Ltd - Stock Valuation and Financial Performance

BSE: 543328 | NSE: KRSNAA | Hospital & Healthcare Services | Small Cap

Krsnaa Diagnostics Share Price

746.60 -12.40 -1.63%
as on 06-Sep'24 16:01

DeciZen - make an informed investing decision on Krsnaa Diagnostics

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Krsnaa Diagnostics stock performance -

mw4me loader
P/E Ratio (CD):
40.27
Market Cap:
2,421.3 Cr.
52-wk low:
527.6
52-wk high:
788.6

Is Krsnaa Diagnostics Ltd an attractive stock to invest in?

1. Is Krsnaa Diagnostics Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Krsnaa Diagnostics Ltd is a average quality company.

2. Is Krsnaa Diagnostics Ltd undervalued or overvalued?

The key valuation ratios of Krsnaa Diagnostics Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Krsnaa Diagnostics Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Krsnaa Diagnostics Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Krsnaa Diagnostics:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Krsnaa Diagnostics Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'22Mar'23Mar'24TTM
ROCE % 0%0%0%0%0%0%0%14.5%11.8%9.9%-
Value Creation
Index
NANANANANANANA0.0-0.2-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0000000455487620650
Sales YoY Gr.-NANANANANANANA7%27.2%-
Adj EPS 000000021.819.717.618.6
YoY Gr.-NANANANANANANA-9.6%-10.8%-
BVPS (₹) 0000000217.3234.4250.1255.6
Adj Net
Profit
000000068.66256.960
Cash Flow from Ops. 000000012876.324.4-
Debt/CF from Ops. 00000000.30.46.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA27.2%
Adj EPS NANANA-10.8%
BVPSNANANA6.7%
Share Price - - -6.2% 9.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'22Mar'23Mar'24TTM
Return on
Equity %
0000000108.77.47.4
Op. Profit
Mgn %
000000028.925.123.323.9
Net Profit
Mgn %
000000015.112.79.29.2
Debt to
Equity
00000000.100.2-
Working Cap
Days
00000000196225120
Cash Conv.
Cycle
00000000-202847

Recent Performance Summary

Sales growth is good in last 4 quarters at 26.82%

Return on Equity has declined versus last 3 years average to 7.40%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Krsnaa Diagnostics Ltd.

Standalone Consolidated
TTM EPS (₹) 19 18.6
TTM Sales (₹ Cr.) 621 650
BVPS (₹.) 257.4 255.6
Reserves (₹ Cr.) 815 809
P/BV 2.91 2.93
PE 39.38 40.27
From the Market
52 Week Low / High (₹) 527.55 / 788.60
All Time Low / High (₹) 354.00 / 1099.50
Market Cap (₹ Cr.) 2,421
Equity (₹ Cr.) 16.1
Face Value (₹) 5
Industry PE 39.4

Management X-Ray of Krsnaa Diagnostics:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Krsnaa Diagnostics

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24
Sales455487620
Operating Expenses 324365475
Manufacturing Costs13510890
Material Costs6074141
Employee Cost 5475111
Other Costs 75108133
Operating Profit 131122144
Operating Profit Margin (%) 28.9%25.1%23.3%
Other Income 151917
Interest 18816
Depreciation 415475
Exceptional Items 000
Profit Before Tax 878070
Tax 181813
Profit After Tax 686257
PAT Margin (%) 15.0%12.8%9.2%
Adjusted EPS (₹)21.819.817.6
Dividend Payout Ratio (%)11%14%14%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 682736807
Share Capital 161616
Reserves 667720791
Minority Interest000
Debt3324138
Long Term Debt332442
Short Term Debt0096
Trade Payables776282
Others Liabilities 8386143
Total Liabilities 8759091,170

Fixed Assets

Gross Block491627874
Accumulated Depreciation106156226
Net Fixed Assets386471647
CWIP 282510
Investments 000
Inventories92536
Trade Receivables5873176
Cash Equivalents 24210954
Others Assets152205247
Total Assets 8759091,170

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24
Cash Flow From Operating Activity 1287624
PBT 878070
Adjustment 494570
Changes in Working Capital -1-36-97
Tax Paid -7-13-19
Cash Flow From Investing Activity -241-109-129
Capex -131-135-193
Net Investments -1261654
Others 171010
Cash Flow From Financing Activity 176-3384
Net Proceeds from Shares 400023
Net Proceeds from Borrowing -159-9-6
Interest Paid -16-5-12
Dividend Paid 0-8-9
Others -48-1188
Net Cash Flow 64-66-20
PARTICULARSMar'22Mar'23Mar'24
Ratios
ROE (%)10.028.767.36
ROCE (%)14.4711.759.94
Asset Turnover Ratio0.520.550.6
PAT to CFO Conversion(x)1.881.230.42
Working Capital Days
Receivable Days464973
Inventory Days71318
Payable Days468343187

Krsnaa Diagnostics Ltd Stock News

Krsnaa Diagnostics Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Krsnaa Diagnostics on 06-Sep-2024 16:01 is ₹746.6.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Sep-2024 16:01 the market cap of Krsnaa Diagnostics stood at ₹2,421.3.
The latest P/E ratio of Krsnaa Diagnostics as of 06-Sep-2024 16:01 is 39.38.
The latest P/B ratio of Krsnaa Diagnostics as of 06-Sep-2024 16:01 is 2.91.
The 52-week high of Krsnaa Diagnostics is ₹788.6 and the 52-week low is ₹527.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Krsnaa Diagnostics is ₹620.9 ( Cr.) .

About Krsnaa Diagnostics Ltd

Krsnaa Diagnostics is one of the largest 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 pan-India. It also operate one of India’s largest tele-radiology reporting hubs in Pune that is able to process large volumes of X-rays, CT scans and MRI scans round the clock and 365 days a year, and allows it to serve patients in remote locations where diagnostic facilities are limited. It provides quality and inclusive diagnostic services at affordable rates across various segments.

The company offers range of diagnostics imaging services and clinical laboratory tests that include both routine and specialized tests / studies and profiles, which are used for prediction, early detection, diagnostic screening, confirmation and/or monitoring of diseases. Its diagnostic imaging/radiology services include conducting X-rays, computed tomography (CT) scans, magnetic resonance imaging (MRI) scans, ultrasounds, bone mineral densitometry and mammography. In its pathology segment, its primary focus includes biochemistry, haematology, clinical pathology, histopathology and cytopathology, microbiology, serology and immunology. A suite of diagnostic equipment is located at its tele-radiology hub along with a team of radiologists which provide it significant operating efficiencies and scalability.

Business area of the company

Krsnaa Diagnostics is one of the fastest-growing diagnostic chains in India. The company offers a wide range of diagnostic services such as imaging/radiology services (X-rays, MRI, etc.), routine clinical laboratory tests, pathology, and tele-radiology services to private and public hospitals, medical colleges, and community health centres.

Key awards, accreditations or recognitions

  • 2016: Star of Asia Award for Health Excellence at the 10th International Seminar of the Indian Achievers Forum.
  • 2017: Emerging Company Award for Health Excellence at the 42nd National Seminar of the Indian Achiever’s Awards.
  • 2019: India’s Greatest Brands Award for Healthcare and Diagnostics by Asia One.
  • 2020: Best Diagnostic and Imaging Centre of the Year (Asia) at the Asia Healthcare Summit and Awards.
  • 2020: Best Diagnostics Service Company of the Year at the India Excellence Awards by ET Now.
  • 2020: Outstanding Achievement Award in Healthcare Social Causes at the India Excellence Awards by ET Now.

Major events and milestones

  • 2011: Incorporation of the company with two radiology centres.
  • 2013: Started operating 12 centres in Himachal Pradesh in public private partnership.
  • 2016: Investment by Somerset and Kitara in the Company.
  • 2017: Completed installation of 50 centres in four states.
  • 2018: Expanded operations across 13 states.
  • 2019: Received accreditation from NABH for a centre in Madhya Pradesh.
  • 2019: Investment by Phi Capital in the company.
  • 2020 Received accreditation from NABH and NABL for certain centres in Maharashtra.
  • 2020: Expanded to over 1,500 centres across India.
  • 2020: Received accreditation from NABL for certain centres in Rajasthan.
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