Krsnaa Diagnostics Ltd.
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ABOUT
AI Sector View
AI GENERATEDHealthcare
This stance relies on proxies and positioning because no direct pharma-export or healthcare operating series exists in the dataset. The depreciated currency at 95.23 (Sep/26) can support export earnings, inflation at 4.45% (Jul/26) is manageable for a defensive sector, and consumer spending remains large at INR 44743 billion (Jun/26). Strong FPI inflow of INR 10620 crore over 3 months to 2026-08-31 from INR -11381 crore in the prior 3 months adds a real sector-specific tailwind, but confidence stays capped because the fundamental drivers are indirect proxies.
PROS
- Company has delivered good sales growth of 21.4% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 0.92x)
- Working capital cycle has improved - days down from 91 to 64
- Company maintains a comfortable, low leverage position
CONS
- Receivables are growing faster than sales - a possible quality concern
- Company has a low return on equity of 8.7% over last 3 years
- Company has a low return on capital employed of 11.7%
- Free cash flow has been persistently negative
- Operating margins have contracted to 28.8% from 32.9%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| APOLLOHOSP | 8670.00 | 59.66 | 124661.30 | 0.23 | 610.40 | 38.41 | 7043.50 | 20.56 | 21.73 | 15.70 |
| MANIPALHOS | 729.75 | 107.57 | 95989.65 | 0.00 | 2434.30 | — | 30906.30 | — | 13.93 | 23.83 |
| MAXHEALTH | 985.00 | 65.80 | 95867.73 | 0.20 | 322.96 | 4.87 | 2366.17 | 16.70 | 14.97 | 25.29 |
| FORTIS | 910.00 | 65.56 | 68701.19 | 0.11 | 272.80 | 2.26 | 2545.03 | 17.46 | 14.07 | 21.28 |
| ASTERDM | 785.80 | 214.94 | 68496.02 | 0.00 | 29.28 | -68.70 | 1310.68 | 21.60 | 11.46 | 19.53 |
| MEDANTA | 1468.85 | 71.01 | 39493.23 | 0.03 | 157.25 | -1.09 | 1304.05 | 26.50 | 19.38 | 21.99 |
| NH | 1859.10 | 46.55 | 37992.72 | 0.24 | 207.27 | 5.37 | 2683.63 | 78.05 | 16.20 | 17.43 |
| KIMS | 764.15 | 157.10 | 32094.80 | 0.00 | 37.40 | -56.00 | 1179.50 | 35.33 | 11.51 | 19.03 |
| LALPATHLAB | 1874.90 | 58.07 | 31469.98 | 1.09 | 1705.00 | 1172.39 | 7977.00 | 1090.95 | 29.56 | 31.03 |
| AGARWALEYE | 514.15 | 109.86 | 16299.90 | 0.00 | 55.02 | 44.56 | 614.02 | 25.97 | 16.14 | 27.75 |
| VIJAYA | 1496.35 | 82.20 | 15412.06 | 0.13 | 53.10 | 37.61 | 230.98 | 22.83 | 30.28 | 42.66 |
| KRSNAA | 559.25 | 18.61 | 1814.13 | 0.36 | 16.55 | -19.34 | 235.53 | 22.05 | 12.39 | 24.62 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 132 | 147 | 152 | 159 | 163 | 179 | 165 | 175 | 176 | 183 | 159 | 173 | 211 | |
| 100 | 114 | 113 | 116 | 120 | 126 | 117 | 121 | 126 | 125 | 112 | 116 | 196 | |
| Operating Profit | 32 | 33 | 38 | 43 | 43 | 52 | 48 | 53 | 50 | 58 | 48 | 57 | 14 |
| OPM % | 24.33% | 22.16% | 25.18% | 27.16% | 26.34% | 29.36% | 29.00% | 30.52% | 28.53% | 31.71% | 29.90% | 32.85% | 6.79% |
| 4 | 4 | 4 | 4 | 7 | 5 | 9 | 4 | 4 | 4 | 4 | 31 | 7 | |
| Interest | 2 | 3 | 4 | 7 | 5 | 6 | 6 | 7 | 6 | 8 | 8 | 12 | 15 |
| Depreciation | 16 | 19 | 21 | 18 | 21 | 22 | 23 | 22 | 22 | 23 | 23 | 22 | 28 |
| Profit before Tax | 19 | 14 | 17 | 22 | 24 | 28 | 28 | 29 | 26 | 31 | 21 | 54 | 22 |
| Tax % | 18.54% | 20.31% | 19.44% | 16.95% | 22.74% | 22.91% | 23.86% | 27.90% | 25.74% | 24.13% | 22.29% | 19.86% | 26.47% |
| Net Profit | 15 | 11 | 14 | 18 | 18 | 22 | 22 | 21 | 20 | 23 | 16 | 43 | 16 |
| 4.86 | 3.60 | 4.28 | 5.70 | 5.63 | 6.80 | 6.69 | 6.52 | 6.10 | 7.12 | 5.08 | 13.37 | 4.88 |
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 91 | 209 | 258 | 396 | 455 | 464 | 590 | 682 | 726 | |
| 61 | 247 | 373 | 303 | 320 | 340 | 444 | 485 | 549 | |
| Operating Profit | 29 | -38 | -114 | 94 | 135 | 124 | 146 | 197 | 177 |
| OPM % | 32.20% | -17.97% | -44.19% | 23.66% | 29.58% | 26.77% | 24.77% | 28.85% | 24.35% |
| 1 | 5 | 13 | 265 | 15 | 19 | 17 | 26 | 47 | |
| Interest | 8 | 20 | 25 | 26 | 18 | 8 | 16 | 25 | 42 |
| Depreciation | 17 | 26 | 32 | 37 | 41 | 54 | 75 | 88 | 96 |
| Profit before Tax | 5 | -78 | -158 | 295 | 90 | 82 | 72 | 110 | 127 |
| Tax % | 10.16% | 25.31% | 29.29% | 37.41% | 21.09% | 22.73% | 18.60% | 24.45% | 22.41% |
| Net Profit | 5 | -58 | -112 | 185 | 71 | 64 | 59 | 83 | 99 |
| EPS | -2.20 | -120.28 | -216.94 | 320.72 | 23.66 | 19.72 | 18.14 | 25.65 | — |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 11.10% | 13.60% | 13.78% | 10.72% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 21%
- 3 Years:
- 14%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 5%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- -10%
- 3 Years:
- -6%
- 1 Year:
- -33%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 9%
- 3 Years:
- 9%
- Last Year:
- 10%
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 | |
|---|---|---|---|---|---|---|---|---|
| 5 | 5 | 5 | 6 | 16 | 16 | 16 | 16 | |
| 10 | -105 | -217 | -18 | 669 | 724 | 797 | 871 | |
| 120 | 518 | 755 | 241 | 71 | 66 | 175 | 214 | |
| Trade Payables | 16 | 42 | 38 | 83 | 76 | 59 | 79 | 94 |
| 120 | 26 | -44 | 296 | 45 | 44 | 105 | 89 | |
| Total Liabilities | 271 | 485 | 538 | 609 | 877 | 909 | 1,172 | 1,283 |
| 153 | 223 | 275 | 309 | 386 | 471 | 647 | 668 | |
| Capital Work in Progress | 35 | 42 | 9 | 4 | 28 | 25 | 10 | 3 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32 | |
| 2 | 4 | 5 | 7 | 9 | 25 | 36 | 29 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 178 | 283 | |
| Cash & Bank | 9 | 112 | 127 | 153 | 242 | 108 | 175 | 68 |
| 72 | 105 | 121 | 137 | 212 | 280 | 126 | 200 | |
| Total Assets | 271 | 485 | 538 | 609 | 877 | 909 | 1,172 | 1,283 |
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 | |
|---|---|---|---|---|---|---|---|---|
| 54 | 65 | 48 | 126 | 135 | 89 | 24 | 89 | |
| Cash from Investing | -91 | -199 | -77 | -67 | -241 | -109 | -129 | -102 |
| Cash from Financing | 41 | 124 | 6 | 20 | 176 | -33 | 84 | 14 |
| 3 | -17 | -33 | 71 | 64 | -66 | -20 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| PER SHARE | ||||||||
| EPS (₹) | 9.42 | -112.45 | -216.83 | 284.73 | 22.52 | 20.23 | 18.14 | 25.65 |
| Book Value (₹) | 30.19 | -193.58 | -410.62 | -17.47 | 218.07 | 235.63 | 251.73 | 274.65 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 2.50 | 2.75 | 2.50 | 2.75 |
| Cash EPS (₹) | 21.59 | -31.39 | -77.03 | 171.18 | 35.70 | 37.36 | 41.22 | 52.95 |
| PROFITABILITY | ||||||||
| Operating Margin % | 33.74% | -15.54% | -39.18% | 90.51% | 32.86% | 30.95% | 24.77% | 28.85% |
| Net Margin % | 5.37% | -27.75% | -43.32% | 46.65% | 15.54% | 13.68% | 9.93% | 12.15% |
| ROE % | 31.20% | 0.00% | 0.00% | 0.00% | 21.00% | 8.92% | 7.54% | 9.74% |
| ROCE % | 7.24% | -43.79% | -225.49% | 129.09% | 18.15% | 11.96% | 10.10% | 12.96% |
| 1.80% | -15.35% | -21.88% | 32.24% | 9.51% | 7.11% | 5.63% | 6.75% | |
| EFFICIENCY | ||||||||
| Debtor Days | 115 | 74 | 83 | 63 | 54 | 53 | 78 | 123 |
| Inventory Days | 8 | 5 | 7 | 6 | 7 | 13 | 19 | 17 |
| Payable Days | 543 | 604 | 525 | 265 | 484 | 334 | 178 | 186 |
| -420 | -525 | -436 | -196 | -423 | -267 | -81 | -45 | |
| FINANCIAL HEALTH | ||||||||
| Debt to Equity (x) | 1.25x | -1.99x | -1.17x | 1.00x | 0.06x | 0.04x | 0.20x | 0.23x |
| Interest Coverage (x) | 1.70x | -2.97x | -5.42x | 12.39x | 5.85x | 11.70x | 5.37x | 5.46x |
| 0.42x | 1.09x | 1.18x | 1.34x | 2.81x | 2.35x | 1.53x | 1.40x | |
| GROWTH | ||||||||
| Revenue Growth % | 0.00% | 130.99% | 23.51% | 53.41% | 14.74% | 2.02% | 27.14% | 15.54% |
| Operating Profit Growth % | 0.00% | -206.38% | -211.40% | 454.38% | -58.34% | -3.89% | 13.44% | 36.43% |
| Net Profit Growth % | 0.00% | -1293.93% | -92.83% | 265.19% | -61.77% | -10.17% | -7.79% | 41.40% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -10.34% | 41.40% | |
| VALUATION | ||||||||
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 33.90x | 30.63x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.44x | 2.86x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.41% | 0.35% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 12.09x | 12.01x |
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-05 - Krsnaa Diagnostics Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 28, 2026
2026-09-02 - Krsnaa Diagnostics Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-29 - Krsnaa Diagnostics Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-28 - Krsnaa Diagnostics Limited has informed the Exchange regarding Corrigendum to Notice of Postal Ballot
2026-08-26 - Krsnaa Diagnostics Limited has informed the Exchange about General Updates
2026-08-20 - Krsnaa Diagnostics Limited has informed the Exchange about General Updates
2026-08-19 - Krsnaa Diagnostics Limited has informed the Exchange about Transcript
2026-08-19 - Krsnaa Diagnostics Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-18 - Krsnaa Diagnostics Limited has informed the Exchange about Shareholders meeting
News
Recent coverage and analyst commentary for KRSNAA
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