On 6 Nov 2026, Vijaya Diagnostic Centre was priced at ₹1,468.60, or 74.4× trailing earnings, against an industry P/E of 52.8×. It earns ROCE of 19% and ROE of 21%, and sales and net profit grew 21% and 27% a year over 3 years. Its dividend yield is 0.1%, and debt is 0.48× equity. It is a small-cap company with a market cap of ₹15,126 Cr, ranked 4th of 18 Diagnostics & Research companies by market cap; the shares rose 40% over the past year.
- ₹1,430.00
- ₹1,478.00
- ₹1,424.00
- ₹1,437.70
- 1.4 L
Health check
- ReturnsAhead
+40.2% over a year, better than 6 of 7 peers.
- Price tagPricier
P/E 74.4 vs industry 52.8.
- GrowthSteady
Sales +21.0%, profit +26.9% a year over 3 years.
- ProfitabilityAverage
ROCE 19.1% vs peer median 18.1%.
- Balance sheetSolid
Debt 0.48× equity, interest covered 8.4×, Piotroski 7 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹15,126 Cr
- Small cap
- P/E
- 74.4
- Industry 52.8
- Price to book
- 14.29
- Peers 7.17
- Dividend yield
- 0.14%
- ROE
- 21.2%
- Peers 15.1%
- ROCE
- 19.1%
- Peers 18.1%
- Debt to equity
- 0.48
- Debt ₹509 Cr
- EPS (TTM)
- ₹19.75
- Face value ₹1
- OPM (TTM)
- 43.1%
- Net margin 22.4%
- Sales growth
- +29.2%
- Latest quarter vs a year ago
- Profit growth
- +37.1%
- Latest quarter vs a year ago
- Price to sales
- 16.60
- EV/EBITDA 43.2
Strengths and risks
Strengths
- Return on equity of 21.2%.
- Quarterly profit up 37.1% on a year ago.
- Quarterly sales up 29.2% on a year ago.
- Net margin of 22.4%.
- Positive operating cash flow in each of the last 4 years.
About Vijaya Diagnostic Centre
Vijaya Diagnostic Centre Limited provides diagnostic services for patients in India. The company offers laboratory services, including clinical pathology, microbiology, haematology, serology, histopathology, cytogenetics, biochemistry, and molecular diagnostics; radiology services, such as CT scan, magnetic resonance imaging (MRI) scan, ultrasound, X-ray, cardiology, and gastroenterology; and advance radiology service comprising nuclear medicine, positron…
- Headquarters
- Hyderabad
- Employees
- 2,507
- Sector
- Healthcare
- ISIN
- INE043W01024
- Website
- vijayadiagnostic.com
Price range
- Avg volume (3M)
- 1.6 L
- 1-year return
- plus 40.2%
- From 52-week high
- minus 7.8%
Analyst consensus
Peers · Diagnostics & Research
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SAILIFESai Life Sciences | 1,785.10 | plus 11.95% | 37,929 | 101.5 | 15.22 | 18.1% | 15.1% | 28.7% | 21.3% | 226.8% | 0.00% | plus 72.7% |
| LALPATHLABDr. Lal Path Labs | 1,970.00 | plus 0.16% | 32,941 | 56.5 | 11.99 | 25.7% | 22.6% | 30.2% | 11.1% | 28.3% | 1.02% | plus 24.7% |
| SYNGENESyngene International | 417.30 | plus 0.77% | 16,772 | 90.3 | 3.46 | 8.3% | 3.9% | 25.7% | 5.4% | −12.0% | 0.30% | minus 36.0% |
| VIJAYAVijaya Diagnostic Centre | 1,468.60 | plus 2.15% | 15,126 | 74.4 | 14.29 | 19.1% | 21.2% | 43.1% | 21.0% | 26.9% | 0.14% | plus 40.2% |
| METROPOLISMetropolis Healthcare | 568.75 | minus 0.39% | 11,803 | 52.8 | 7.17 | 15.7% | 14.6% | 21.7% | 12.7% | 10.0% | 0.35% | plus 12.5% |
| THYROCAREThyrocare Technologies | 493.10 | plus 0.68% | 7,848 | 55.0 | 14.75 | 33.8% | 26.4% | 32.2% | 16.7% | 36.2% | 1.89% | plus 8.3% |
| VIMTALABSVimta Labs | 496.45 | minus 2.14% | 2,219 | 27.9 | 4.52 | 21.0% | 17.7% | 34.7% | 8.9% | 17.2% | 0.40% | minus 23.3% |
| SURAKSHASuraksha Diagnostic | 333.55 | plus 0.68% | 1,737 | 48.5 | 7.07 | 14.7% | 14.1% | 21.8% | 17.7% | 70.3% | 0.15% | plus 2.2% |
| Median of 7 peers | – | 0.68% | 11,803 | 55.0 | 7.17 | 18.1% | 15.1% | 28.7% | 12.7% | 28.3% | 0.35% | 8.3% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 188 | 205 | 219 | 231 | 255 | |
| 115 | 119 | 124 | 132 | 143 | |
| 73.5 | 86.1 | 95.5 | 98.5 | 113 | |
| 39.1% | 41.9% | 43.5% | 42.7% | 44.1% | |
| 7 | 5.1 | 2.4 | 8.5 | 5 | |
| 7.5 | 8.6 | 9.3 | 11 | 11.4 | |
| 20.9 | 24.3 | 24.3 | 25.1 | 26.9 | |
| 52.2 | 58.2 | 64.3 | 70.9 | 79.4 | |
| 26.1% | 25.8% | 25.4% | 25.2% | 25.1% | |
| 38.6 | 43.2 | 47.9 | 53.1 | 59.5 | |
| 3.75 | 4.19 | 4.65 | 5.15 | 5.76 |
Profit & loss
- Sales CAGR 3Y
- +21.0%
- Profit CAGR 3Y
- +26.9%
- EPS CAGR 3Y
- +26.7%
- ROE
- 21.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 459 | 548 | 681 | 814 | |
| – | +19.3% | +24.4% | +19.5% | |
| 277 | 327 | 408 | 477 | |
| 182 | 221 | 273 | 337 | |
| 39.7% | 40.3% | 40.1% | 41.4% | |
| 7.8 | 4.4 | 4.1 | 4.5 | |
| 19.4 | 22 | 24.5 | 31.3 | |
| 61.7 | 57 | 70.6 | 91.8 | |
| 4.7 | 12.4 | 11 | 14.4 | |
| 114 | 159 | 193 | 233 | |
| 24.9% | 24.6% | 25.6% | 25.7% | |
| 84.6 | 119 | 144 | 173 | |
| – | +40.4% | +21.0% | +20.3% | |
| 8.26 | 11.59 | 13.97 | 16.79 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.2 | 10.2 | 10.3 | 10.3 | |
| 535 | 647 | 789 | 947 | |
| 248 | 259 | 320 | 423 | |
| 61.1 | 66.4 | 155 | 127 | |
| 853 | 983 | 1,274 | 1,507 | |
| 550 | 615 | 802 | 977 | |
| 33.6 | 12.5 | 78.6 | 47.8 | |
| 0.4 | 0.4 | 0.2 | 31.1 | |
| 255 | 185 | 281 | 288 | |
| 13.9 | 170 | 111 | 163 | |
| 853 | 983 | 1,274 | 1,507 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 165 | 183 | 224 | 271 | |
| −110 | −142 | −182 | −174 | |
| −41.9 | −44.5 | −52 | −69.5 | |
| 13.1 | −3.6 | −9.5 | 26.9 | |
| −125 | −88 | −95.6 | −183 | |
| 39.8 | 95.3 | 129 | 87.9 | |
| −10.2 | −10.2 | −10.3 | −20.5 |
Shareholding pattern
- Promoters52.46%
- Public47.54%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 52.46% | 47.54% | minus 0.05 | |
| 30 Jun 2026 | 52.51% | 47.49% | 0.00 | |
| 31 Mar 2026 | 52.51% | 47.49% | minus 0.09 | |
| 31 Dec 2025 | 52.60% | 47.40% | 0.00 | |
| 30 Sep 2025 | 52.60% | 47.40% | – |
Major shareholders
Filings & events
News
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