Virar, Maharashtra-based provider of healthcare and diagnostics services, expanding via a franchisee-led centre network
Price
Market Cap
Sector
Healthcare
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 10 | 10 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 1 | 3 | 52 | 56 | 52 | 54 | 56 | 56 |
| Borrowings | 34 | 38 | 19 | 11 | 12 | 11 | 13 | 11 |
| Other Liabilities | -0 | 2 | 3 | 4 | 4 | 4 | 4 | 3 |
| Total Liabilities | 45 | 54 | 88 | 84 | 83 | 83 | 86 | 84 |
| AssetsFixed Assets | 20 | 20 | 20 | 21 | 18 | 16 | 16 | 15 |
| CWIP | 0 | 0 | 4 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 0 | 0 | 0 | 0 | 20 | 20 | 20 |
| Other Assets | 25 | 33 | 64 | 63 | 65 | 46 | 50 | 49 |
| Total Assets | 45 | 54 | 88 | 84 | 83 | 83 | 86 | 84 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 9 | 5 | 4 | 8 | 11 | 6 | 2 | 2 |
| Cash from Investing | 1 | -0 | -3 | -36 | -0 | -11 | -0 | 0 |
| Cash from Financing | -6 | -2 | -1 | 29 | -10 | -0 | -3 | -2 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 10 | 5 | 1 | 1 | 11 | 5 | 1 | 1 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
NIDAN · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.