Krsnaa Diagnostics Ltd
NSE: KRSNAA BSE: 543328Healthcare
Krsnaa Diagnostics Ltd provides a range of technology-enabled diagnostic services such as imaging, clinical laboratory, and teleradiology services to hospitals, medical colleges, and community health centers across India with an extensive network across non-metro and lower-tier cities and towns.[1]
₹564
52W: ₹502 — ₹894
PE 22.8 · Book ₹287 · +97% vs bookMarket Cap₹1,828 Cr
Stock P/E22.8Price to Earnings
ROCE12.5%Return on Capital
ROE9.29%Return on Equity
Div. Yield0.48%Face Value ₹5
Weaknesses
- −Promoter holding is low: 27.1%
- −Company has a low return on equity of 8.57% over last 3 years.
- −Dividend payout has been low at 12.7% of profits over last 3 years
- −Company has high debtors of 152 days.
Shareholding Pattern
Promoters27.11%
FIIs3.91%
DIIs13.89%
Public55.09%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 27.17% | 27.17% | 27.24%▲0.1 | 27.24% | 27.11%▼0.1 | 27.11% | 27.11% | 27.11% |
| FIIs | 3.33% | 3.63%▲0.3 | 4.04%▲0.4 | 3.55%▼0.5 | 3.4%▼0.1 | 3.66%▲0.3 | 4.17%▲0.5 | 3.91%▼0.3 |
| DIIs | 15.26% | 15.86%▲0.6 | 14.46%▼1.4 | 14.26%▼0.2 | 14.24%▼0.0 | 14.96%▲0.7 | 13.85%▼1.1 | 13.89%▲0.0 |
| Public | 54.23% | 53.34%▼0.9 | 54.27%▲0.9 | 54.94%▲0.7 | 55.25%▲0.3 | 54.27%▼1.0 | 54.86%▲0.6 | 55.09%▲0.2 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 147 | 152 | 159 | 163 | 179 | 165 | 175 | 176 | 183 | 159 |
| Expenses | 116 | 113 | 116 | 120 | 126 | 117 | 121 | 126 | 125 | 112 |
| Operating Profit | 31 | 38 | 43 | 43 | 52 | 48 | 53 | 50 | 58 | 48 |
| OPM % | 21% | 25% | 27% | 26% | 29% | 29% | 31% | 29% | 32% | 30% |
| Net Profit | 11 | 14 | 18 | 18 | 22 | 22 | 21 | 20 | 23 | 16 |
| EPS ₹ | 3.6 | 4.21 | 5.7 | 5.63 | 6.8 | 6.69 | 6.53 | 6.03 | 7.16 | 5.08 |
AI Insights
Revenue Trend
TTM revenue at ₹693Cr, up 1.6% YoY. OPM at 30%.
Debt Position
Borrowings at ₹284Cr. Debt-to-equity ratio: 0.31x. Healthy balance sheet.
Capex Cycle
CWIP at ₹30Cr (4% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 13.89% (-5.88pp change). FIIs: 3.91% (-1.78pp change). Promoters hold 27.11%.
Margin & Efficiency
ROCE improving from 0% (Mar 2016) to 13% (Mar 2025). Working capital days: 28.
Valuation
PE 22.8x with 12.5% ROCE. Price is 97% above book value of ₹287. Dividend yield: 0.48%.
Recent Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 28 Apr - Krsnaa Diagnostics confirms it is not a Large Corporate under SEBI debt fundraising norms as of March 31, 2026.
- Announcement under Regulation 30 (LODR)-Change in Management 17 Apr - Board approved three director appointments, interim CFO from Apr 17, 2026, and committee reconstitution.
- Announcement under Regulation 30 (LODR)-Change in Directorate 17 Apr - Board appointed two independent directors, an interim CFO, and approved director cessations effective April 2026.
- Board Meeting Held On April 17, 2026. 17 Apr - Board approved two independent directors, interim CFO appointment, three director cessations, and committee reconstitution effective April 25, 2026.
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 16 Apr
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse