Medinova Diagnostic Services Ltd - Stock Valuation and Financial Performance

BSE: 526301 | NSE: | Hospital & Healthcare Services | Small Cap

Medinova Diagnostic Share Price

30.67 -0.62 -1.98%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Medinova Diagnostic

M-Cap below 100cr DeciZen not available

Medinova Diagnostic Services stock performance -

mw4me loader
P/E Ratio (SA):
34.91
Market Cap:
30.6 Cr.
52-wk low:
17.2
52-wk high:
64.5

Is Medinova Diagnostic Services Ltd an attractive stock to invest in?

1. Is Medinova Diagnostic Services Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Medinova Diagnostic Services Ltd is a average quality company.

2. Is Medinova Diagnostic Services Ltd undervalued or overvalued?

The key valuation ratios of Medinova Diagnostic Services Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Medinova Diagnostic Services Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Medinova Diagnostic Services Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Medinova Diagnostic:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Medinova Diagnostic Services Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -16.5%81.2%28.7%39%21.3%1.9%-0%-84.8%-1,99,328.3%40.6%-
Value Creation
Index
NANANANANANANA-7.1-14238.71.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 11.17.7766.76.75.511.311.57.88
Sales YoY Gr.--30.6%-9%-14.1%11.2%0.9%-18.6%106.2%1.7%-32.6%-
Adj EPS -1-3.7-1.7-1.7-1-0.4-0.32.22.10.60.9
YoY Gr.-NANANANANANANA-4.2%-69.7%-
BVPS (₹) -3.4-7.2-8.9-8-8.2-7.4-7.7-5.6-3.5-2.8-2.4
Adj Net
Profit
-0.9-3.5-1.6-1.7-1-0.4-0.32.22.10.61
Cash Flow from Ops. 1.7-0.21.8-0.70.40.50.41.51.11.2-
Debt/CF from Ops. 0.2-7.72.7-7.313.38.610.32.25.14.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -3.9%3%12.2%-32.6%
Adj EPS NANANA-69.7%
BVPSNANANANA
Share Price 28.7% 3.3% 8.6% 69.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
28.87020.82112.54.73.9-32.7-46-20-33.9
Op. Profit
Mgn %
-3.5-42.7-6.8-10.8-2.94.55.523.226.519.120.5
Net Profit
Mgn %
-8.3-45.3-22.6-28.6-15.1-5.4-5.419.1188.111
Debt to
Equity
-0.1-0.2-0.6-0.6-0.6-0.6-0.6-0.6-1.7-2-
Working Cap
Days
31613314613075607040385332
Cash Conv.
Cycle
-17-73-193-258-290-321-433-212-177-208-33

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 12.23%

Return on Equity is Poor

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 2.42%

Latest Financials - Medinova Diagnostic Services Ltd.

Standalone Consolidated
TTM EPS (₹) 0.9 2.2
TTM Sales (₹ Cr.) 8 10.4
BVPS (₹.) -2.4 -3.7
Reserves (₹ Cr.) -12 -14
P/BV -13.04 -8.25
PE 34.91 14.09
From the Market
52 Week Low / High (₹) 17.20 / 64.50
All Time Low / High (₹) 1.00 / 64.50
Market Cap (₹ Cr.) 30.6
Equity (₹ Cr.) 10
Face Value (₹) 10
Industry PE 83.6

Management X-Ray of Medinova Diagnostic:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Medinova Diagnostic

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales11.087.6976.016.686.745.4911.3211.517.76
Operating Expenses 11.4711.137.506.667.026.445.198.698.476.28
Manufacturing Costs2.142.761.480.920.761.050.713.842.341.04
Material Costs1.470.760.910.981.231.120.861.472.441.16
Employee Cost 2.712.142.222.012.072.071.791.591.821.80
Other Costs 5.155.462.892.752.972.201.831.791.872.27
Operating Profit -0.39-3.43-0.50-0.65-0.340.300.302.633.051.48
Operating Profit Margin (%) -3.5%-44.6%-7.1%-10.8%-5.1%4.5%5.5%23.2%26.5%19.1%
Other Income 0.080.480.260.210.070.170.260.290.220.23
Interest 0.100.230.410.620.480.430.420.310.450.61
Depreciation 0.581.030.811.250.860.550.410.320.260.24
Exceptional Items 1.28001.631.631.610000
Profit Before Tax 0.30-4.21-1.46-0.680.021.10-0.272.292.550.87
Tax 0.31-0.620.13-0.10-0.010.340.030.130.480.24
Profit After Tax -0.02-3.59-1.60-0.580.030.77-0.302.172.070.63
PAT Margin (%) -0.2%-46.7%-22.8%-9.6%0.4%11.4%-5.4%19.1%18.0%8.1%
Adjusted EPS (₹)0.0-3.8-1.7-0.60.00.8-0.32.22.10.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund -3.19-6.78-8.38-7.98-8.13-7.38-7.68-5.56-3.47-2.83
Share Capital 9.469.469.469.969.969.969.969.969.969.96
Reserves -12.65-16.24-17.83-17.93-18.09-17.33-17.63-15.52-13.43-12.79
Minority Interest0000000000
Debt0.341.444.314.564.263.914.033.275.755.75
Long Term Debt0.241.364.214.524.223.914.033.275.755.75
Short Term Debt0.100.080.100.040.0400000
Trade Payables1.492.814.104.064.254.694.854.363.242.41
Others Liabilities 8.457.378.125.324.082.542.412.180.560.44
Total Liabilities 7.094.838.155.964.453.763.614.266.085.77

Fixed Assets

Gross Block16.924.758.216.294.774.914.913.833.944.32
Accumulated Depreciation12.643.673.883.072.933.463.882.933.143.38
Net Fixed Assets4.281.074.333.221.841.441.030.900.800.95
CWIP 0000000000
Investments 00.880.941.151.291.271.271.272.972.97
Inventories0.130.180.140.080.070.070.060.130.170.11
Trade Receivables0.840.720.470.300.170.400.310.770.500.67
Cash Equivalents 0.050.040.110.070.100.050.210.711.310.61
Others Assets1.781.942.161.130.990.530.730.480.340.45
Total Assets 7.094.838.155.964.453.763.614.266.085.77

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 1.70-0.191.76-0.690.360.520.421.511.131.18
PBT 0.30-4.21-1.46-0.680.021.10-0.272.292.550.87
Adjustment -0.623.681.230.13-0.06-0.620.810.530.530.68
Changes in Working Capital 2.030.411.99-0.140.40.36-0.05-1.35-1.45-0.29
Tax Paid 0-0.07000-0.33-0.070.03-0.50-0.08
Cash Flow From Investing Activity 1.04-1.29-4.17-0.310.23-0.13-0.14-0.11-1.84-0.34
Capex 0.70-0.43-4.10-0.110.37-0.160-0.19-0.16-0.39
Net Investments 0-0.88-0.07-0.21-0.140.02-0.150-1.700
Others 0.340.02000000.070.030.05
Cash Flow From Financing Activity -2.761.462.480.97-0.56-0.43-0.27-1.150.94-0.78
Net Proceeds from Shares 0001.02000000
Net Proceeds from Borrowing -16.041.122.85-0.21-0.64-0.43-0.14-1.072.480
Interest Paid -0.10-0.06-0.39-0.60-0.22-0.16-0.12-0.08-1.53-0.78
Dividend Paid 0000000000
Others 13.380.400.010.770.300.160000
Net Cash Flow -0.01-0.010.06-0.030.02-0.040.010.250.240.06
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.751.291.080.851.281.641.492.882.231.31
PAT to CFO Conversion(x)N/AN/AN/AN/A120.68N/A0.70.551.87
Working Capital Days
Receivable Days44373123131523172028
Inventory Days8787444357
Payable Days3241,0301,3901,5151,2361,4542,0341,146570891

Medinova Diagnostic Services Ltd Stock News

Medinova Diagnostic Services Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Medinova Diagnostic on 28-Mar-2024 16:01 is ₹30.67.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Medinova Diagnostic stood at ₹30.61.
The latest P/E ratio of Medinova Diagnostic as of 28-Mar-2024 16:01 is 34.91.
The latest P/B ratio of Medinova Diagnostic as of 28-Mar-2024 16:01 is -13.04.
The 52-week high of Medinova Diagnostic is ₹64.50 and the 52-week low is ₹17.20.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Medinova Diagnostic is ₹8.02 ( Cr.) .

About Medinova Diagnostic Services Ltd

Medinova diagnostic services was established in the year 1985 as a pioneering concept in Diagnostics. For the first time in the country it offered all the diagnostic services from an ordinary blood test to a sophisticated CT Scan under one roof. With its qualitative services for more than two decades and with innovative marketing efforts, Medinova has created a brand name for itself and is the pioneer in Medical Diagnostics in the Country.

Medinova gives emphasis on providing quality services and is equipped with the latest state of the art diagnostic equipment procured from World renowned suppliers like GE, Marquette, Siemens, Hitachi etc. The quality of the tests done by Centres of Medinova meet international standards.Medinova has upgraded its equipment to make best use of latest technology.

Business area of the company

The Company is engaged in the business of providing comprehensive range of diagnostic services spanning pathological investigations, radiology & imaging, conventional, specialized lab services and diagnostic cardiology.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.