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Nidan Labs. & Health share price

Nidan Laboratories And Healthcare Ltd.

NSE: NIDAN SECTOR: Hospital & Healthcare Services  22k   8   0

31.50
-0.45 (-1.41%)
NSE: Today, 02:00 PM

Price Summary

Today's High

₹ 32

Today's Low

₹ 30.3

52 Week High

₹ 57.7

52 Week Low

₹ 27

FinStar is Suspended!

FinStar can not be assigned to this company due to its dicey outlook and insufficient data. We will update the FinStar for this company as soon as the data is updated from its end.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

43.79 Cr.

Enterprise Value

46.3 Cr.

No. of Shares

1.39 Cr.

P/E

12.37

P/B

0.63

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  49.96

CASH

8.42 Cr.

DEBT

10.93 Cr.

Promoter Holding

57.04 %

EPS (TTM)

₹  2.55

Sales Growth

-18.19%

ROE

5.23 %

ROCE

8.5%

Profit Growth

32.92 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year-18.19%
3 Year4.26%
5 YearNA

Profit Growth

1 Year32.92%
3 Year70.46%
5 YearNA

ROE%

1 Year5.23%
3 Year10.29%
5 Year7.94%

ROCE %

1 Year8.5%
3 Year11%
5 Year10.97%

Debt/Equity

0.1574

Price to Cash Flow

3.15

Interest Cover Ratio

3.16436507579506

CFO/PAT (5 Yr. Avg.)

4.1970327540744

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 57.04 0
Sep 2023 62.79 0
Mar 2023 71.22 0
Sep 2022 71.22 0
Mar 2022 71.22 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has significantly decreased its debt by 8.3648 Cr.
  • The Company has been maintaining an effective average operating margins of 35.6318552814463% in the last 5 years.
  • Company’s PEG ratio is 0.375701605130645.
  • The company has an efficient Cash Conversion Cycle of -137.011864856014 days.
  • Company has a healthy liquidity position with current ratio of 2.18771674332352.
  • The company has a good cash flow management; CFO/PAT stands at 4.1970327540744.
  • The company has a high promoter holding of 57.04%.

 Limitations

  • The company has shown a poor revenue growth of 4.26484272321821% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

Quarterly Data is not available for this company.Report us

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 20.06 21.41 20.38 29.66 24.27
Total Expenditure 12.22 13.77 11.49 20.25 17.46
Operating Profit 7.84 7.64 8.89 9.41 6.8
Other Income 0.37 0.01 1.06 0.4 3.33
Interest 4.75 3.74 3.46 2.66 2.22
Depreciation 3.24 3.19 3.18 2.63 3.1
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.22 0.71 3.3 4.52 4.81
Tax 0 0 1 1.86 1.27
Net Profit 0.22 0.71 2.3 2.66 3.54
Adjusted EPS (Rs.) 0.23 0.72 2.33 1.92 2.55

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 9.9 9.9 9.9 13.9 13.9
Total Reserves 0.41 1.13 3.43 52 55.54
Borrowings 32.17 34.35 14.16 9.42 4.77
Other N/C liabilities -0.25 -0.25 -0.19 -0.07 0.16
Current liabilities 0.57 -0.17 26.19 12.78 9.54
Total Liabilities 42.81 44.96 53.49 88.03 83.92
Assets
Net Block 23.28 20.1 19.92 20.46 21.39
Capital WIP 0 0 0.23 3.81 0
Intangible WIP 0 0 0 0 0
Investments 0.53 0.53 0.27 0 0
Loans & Advances 0 0 10.16 38.45 41.64
Other N/C Assets 0 0 0 0 0
Current Assets 19 24.33 22.92 25.3 20.88
Total Assets 42.81 44.96 53.49 88.03 83.92
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 0.22 0.71 3.3 4.52 4.81
Adjustment 7.99 6.93 6.55 4.54 5.05
Changes in Assets & Liabilities 0.74 -3.03 -5.51 -0.07 5.33
Tax Paid 0 0 0 -1.16 -1.3
Operating Cash Flow 8.95 4.62 4.35 7.83 13.9
Investing Cash Flow 1 -0.01 -3.22 -35.74 -2.99
Financing Cash Flow -5.81 -1.56 -1.22 28.72 -10.59
Net Cash Flow 4.14 3.05 -0.1 0.8 0.32

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Sep 2022% Mar 2023% Sep 2023% Mar 2024%
promoters 71.22 71.22 71.22 62.79 57.04
nitin vitthalrao thorve - - 64.33 55.90 50.15
roshan nitin thorve - - 6.89 6.89 6.89
nitin vitthalrao thorve 64.33 64.33 - - -
roshan nitin thorve 6.89 6.89 - - -
PARTICULARS Mar 2022% Sep 2022% Mar 2024%
investors 28.78 28.78 42.96
devendra rajnikant ladhan... - - 1.08
khushi advertising ideas ... - 1.15 -
first overseas capital li... 1.01 - -

Annual Reports

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Ratings & Research Reports

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Company Presentations

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Company News

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Nidan Labs. & Health Stock Price Analysis and Quick Research Report. Is Nidan Labs. & Health an attractive stock to invest in?

 

The Indian healthcare sector is expected to reach US$ 372 billion by 2022, driven by rising incomes, greater health awareness, lifestyle diseases and increasing access to insurance. Healthcare has become one of India’s largest sectors - both in terms of revenue and employment.

Healthcare comprises hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance, and medical equipment. The structure of the healthcare delivery system in India consists of three broad segments: Primary care, Secondary care, and Tertiary care.

  • Primary care is the first point of contact between the population and the healthcare service providers. For example, Sub-center (SC), Primary Health Centre (PHC) and Community Health Centre (CHC) which is more relevant to rural areas (PHC’s).
  • Secondary care providers inpatient as well as outpatient medical services and includes simple surgical procedures. For example, District level & Mid-sized hospitals.
  • Tertiary care is the third level of the healthcare delivery system in the country. These hospitals are specialized consultative healthcare infrastructure. For example, Single specialty and Multi-specialty hospitals.

While healthcare services are offered by the public as well as private sectors, in urban as well as rural areas, generally people prefer private hospitals over public hospitals for treatment of diseases, illness, and sickness. So, let’s look into Nidan Labs. & Health and its performance over the period of time.

  • Operating cash flow ratio: It measures the adequacy of a company’s cash generated from operating activities to pay off short-term financial obligations. Nidan Labs. & Health cash from the operating activity was Rs 13.8958 Cr.
     
  • Financial Strength: Health care organizations usually have high debt loads and low equity capital in their balance sheet. So, Debt to Equity ratio is important to analyze the company’s sustainability. Nidan Labs. & Health has a Debt to Equity ratio of 0.1574 , which is a strong indication for the company.
     
  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Nidan Labs. & Health , the EPS growth was 32.920972961687 % which is good for the company.
     
  • Operating profit margin: It determines a company's potential earnings. It assesses how well-managed a company with respect to its basic overhead costs and other operating expenses, Nidan Labs. & Health has OPM of 28.0376989932374 % which is a good sign for profitability.
     
  • ROE: Nidan Labs. & Health have a poor ROE of 5.23077877955391 %. ROE is an important financial parameter for hospitals & health care companies because they expand and grow rapidly. Therefore, ROE measures how efficiently a shareholder's fund is used for generating profits.
     
  • Share Price: - The current share price of Nidan Labs. & Health is Rs 31.95. One can use valuation calculators of ticker to know if Nidan Labs. & Health share price is undervalued or overvalued.
Last Updated on:
Brief about Nidan Labs. & Health
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