Feb 24, 2023 | 0 Comments | 0 Likes
Krsnaa Diagnostics Ltd
A Business Analysis
About Krsnaa Diagnostics
Krsnaa Diagnostics Limited is amongst India’s largest differentiated diagnostics service providers offering a range of technology-enabled diagnostic services such as imaging (including radiology), pathology/clinical laboratory, and tele-radiology services to public and private hospitals, medical colleges, and community health centers pan-India. We provide quality and inclusive diagnostic services at affordable and
significantly lower rates than the leading diagnostic players.
Company's Services
Radiology
Pathology
Tele-radiology
Key Highlights of the business
Journey So Far
Krsnaa's Footprints
Only Company with pan-India presence in both radiology and pathology
Krsnaa Diagnostics Strength
Unique and scalable diagnostics company
Strong brand equity
Extensive footprint and infrastructure
Robust business model with efficient cost structure
Accreditations
Cost competitiveness and high operating leverage
India’s Largest Tele-Radiology Reporting Hub
We operate one of India’s largest teleradiology reporting hubs in Pune which processes large volumes (estimated 8 to 9 million images per annum) of X-rays, CT scans, and MRI scans round the clock and 365 days a year and allows to serve patients in remote locations with limited diagnostic facilities.
Financial acumen
Extensive Footprint and Infrastructure
Huge Opportunity Size - Unaddressed by the Peers
Minimal Competition from Regional Chains due to:
▪ Krsnaa’s expertise and scale of business
▪ Access to high-cost radiology machines at relatively lower prices
Entry Limitations:
▪ High capex, low opex model is tough to enter
▪ Disruptive pricing model makes it tough for competition to compete
▪ Larger chains focused on pathology tests
Krsnaa diagnostics provides high quality services at disruptive price
Krsnaa Offers Tests at 60-80% Lower than Market Rates:
Cost Disruption…
Leading to a Virtuous Cycle..
India's largest tele-radiology hub
Krsnaa's Competitive Advantage
Sustainable business model backed by underlying competitive advantages and well positioned to drive growth
Krsnaa's Pillar Growth
Growth Strategy
Target is to achieve 2x growth in Revenues and 3x growth in Profits by end of FY2024
Focusing on digital
Management of the company
Shareholding Pattern
Financial performance of the company
Operational performance trend
Stellar performance in revenue and profit
Segment wise performance
Strong cash collection and CFO
I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Stocx Research Club). I have no business relationship with any company whose stock is mentioned in this article.
Source of the contents - Company's annual report, results and investor presentation. Disclaimer - Given company in the article is not an recommendation as it is for the knowledge purpose only.
I am not a SEBI Registered individual/entity and the above research article is only for educational purpose and is never intended as trading/investment advice.
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