Medinova Diagnostic Services
Key Insights
No strengths listed
Weaknesses
1- The company has delivered a poor sales growth of 5.66% over past five years.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bullish | 3 | 6 | 10 |
| Oscillators | Bullish | 1 | 6 | 2 |
| Moving Averages | Strong Bullish | 2 | 0 | 8 |
Oscillators
Bullish
Overall
Strong Bullish
Moving Averages
Strong Bullish
Key readings
- RSI (14)
- 56.75
- Neutral
- MACD (12,26,9)
- 0.90
- Bullish
- SMA (50)
- 41.26
- Bullish
- SMA (200)
- 39.92
- Bullish
As of , the latest day with price data, so these readings are not current.
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2025; 1Y: fiscal year to Mar 2025 against Mar 2024.
Revenue
| 10Y | +3.43% |
|---|---|
| 5Y | +5.66% |
| 3Y | −9.42% |
| 1Y | −3.54% |
Net profit
| 10Y | Turned to profit |
|---|---|
| 5Y | Turned to profit |
| 3Y | −7.23% |
| 1Y | −5.00% |
Operating cash flow
| 10Y | — |
|---|---|
| 5Y | +15.24% |
| 3Y | +23.13% |
| 1Y | −5.62% |
10Y: The statements do not go back far enough for this window.
Operating margin· change in pp
| 10Y | +78.05 pp |
|---|---|
| 5Y | +15.08 pp |
| 3Y | +2.78 pp |
| 1Y | +3.36 pp |
Trailing twelve months: The latest quarterly results are more than a year old.
Revenue by year
| Mar 2016 | ₹7.47 Cr |
|---|---|
| Mar 2017 | ₹7.79 Cr |
| Mar 2018 | ₹8.67 Cr |
| Mar 2019 | ₹8.97 Cr |
| Mar 2020 | ₹7.45 Cr |
| Mar 2021 | ₹12.74 Cr |
| Mar 2022 | ₹13.20 Cr |
| Mar 2023 | ₹9.99 Cr |
| Mar 2024 | ₹10.17 Cr |
| Mar 2025 | ₹9.81 Cr |
Net profit by year
| Mar 2016 | −₹2.07 Cr |
|---|---|
| Mar 2017 | −₹1.74 Cr |
| Mar 2018 | −₹0.45 Cr |
| Mar 2019 | ₹0.82 Cr |
| Mar 2020 | −₹0.23 Cr |
| Mar 2021 | ₹1.90 Cr |
| Mar 2022 | ₹2.38 Cr |
| Mar 2023 | ₹1.67 Cr |
| Mar 2024 | ₹2.00 Cr |
| Mar 2025 | ₹1.90 Cr |
Quarterly Results
₹ CrResults for the period ended Dec 2025 were due by 14 Feb 2026 and are not in this table yet.
| Particulars | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2.56 | 2.22 | 2.75 | 2.42 | 2.87 | 2.39 | 2.49 | 2.49 | 2.56 | 2.25 | 2.51 | 2.72 | 2.5 |
| Expenses | 1.93 | 1.73 | 1.83 | 1.89 | 1.97 | 1.8 | 1.74 | 1.8 | 1.76 | 1.59 | 1.66 | 1.67 | 1.57 |
| Operating Profit | 0.63 | 0.49 | 0.92 | 0.53 | 0.9 | 0.59 | 0.75 | 0.69 | 0.8 | 0.66 | 0.85 | 1.05 | 0.93 |
| OPM % | 24.61% | 22.07% | 33.45% | 21.9% | 31.36% | 24.69% | 30.12% | 27.71% | 31.25% | 29.33% | 33.86% | 38.6% | 37.2% |
| Other Income | 0.03 | 0.01 | 0.16 | 0.02 | 0.02 | 0.03 | 0.13 | 0.02 | 0.03 | 0.03 | 0.07 | 0.06 | 0.03 |
| Interest | 0.16 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.12 | 0.13 | 0.13 | 0.12 | 0.12 | 0.11 |
| Depreciation | 0.1 | 0.08 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 |
| PBT | 0.4 | 0.28 | 0.9 | 0.38 | 0.75 | 0.45 | 0.71 | 0.56 | 0.66 | 0.52 | 0.76 | 0.95 | 0.82 |
| Tax % | 10% | 17.86% | 14.44% | 13.16% | 10.67% | 11.11% | 15.49% | 23.21% | 25.76% | 26.92% | 22.37% | 31.58% | 35.37% |
| Net Profit | 0.36 | 0.23 | 0.77 | 0.33 | 0.66 | 0.4 | 0.6 | 0.42 | 0.5 | 0.38 | 0.6 | 0.66 | 0.51 |
| EPS (₹) | 0.36 | 0.23 | 0.77 | 0.33 | 0.66 | 0.4 | 0.6 | 0.42 | 0.5 | 0.38 | 0.6 | 0.66 | 0.51 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7 | 7.47 | 7.79 | 8.67 | 8.97 | 7.45 | 12.74 | 13.2 | 9.99 | 10.17 | 9.81 | 9.98 |
| Expenses | 10.28 | 7.49 | 7.68 | 7.94 | 7.64 | 6.25 | 9.74 | 9.45 | 7.34 | 7.34 | 6.75 | 6.49 |
| Operating Profit | −3.28 | −0.02 | 0.11 | 0.73 | 1.33 | 1.2 | 3 | 3.75 | 2.65 | 2.83 | 3.06 | 3.49 |
| OPM % | −46.86% | −0.27% | 1.41% | 8.42% | 14.83% | 16.11% | 23.55% | 28.41% | 26.53% | 27.83% | 31.19% | 34.97% |
| Other Income | 0.33 | 0.17 | 1.77 | 1.48 | 1.7 | 0.07 | 0.14 | 0.15 | 0.23 | 0.2 | 0.12 | 0.19 |
| Interest | 0.23 | 0.52 | 1.06 | 0.84 | 0.66 | 0.59 | 0.46 | 0.56 | 0.65 | 0.62 | 0.54 | 0.48 |
| Depreciation | 1.03 | 1.92 | 2.66 | 1.88 | 1.29 | 0.95 | 0.72 | 0.55 | 0.33 | 0.13 | 0.14 | 0.15 |
| PBT | −4.21 | −2.29 | −1.84 | −0.51 | 1.08 | −0.27 | 1.96 | 2.79 | 1.9 | 2.28 | 2.5 | 3.05 |
| Tax % | −14.73% | −9.61% | −5.43% | −11.76% | 25% | −18.52% | 3.06% | 15.05% | 12.11% | 12.28% | 24% | — |
| Net Profit | −3.59 | −2.07 | −1.74 | −0.45 | 0.82 | −0.23 | 1.9 | 2.38 | 1.67 | 2 | 1.9 | 2.15 |
| EPS (₹) | −3.78 | −2 | −1.74 | −0.45 | 0.82 | −0.26 | 2.02 | 2.27 | 1.67 | 2 | 1.9 | 2.15 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.46 | 9.46 | 9.96 | 9.96 | 9.96 | 9.96 | 9.96 | 9.96 | 9.96 | 9.96 | 9.96 | 9.96 |
| Reserves | −16.24 | −18.14 | −19.52 | −19.66 | −18.87 | −19.13 | −17.15 | −16.77 | −15.09 | −13.08 | −11.2 | −10.04 |
| Borrowings | 1.89 | 8.9 | 8.45 | 7.26 | 6.43 | 5.64 | 4.47 | 6.38 | 5.75 | 5 | 5 | 4 |
| Other Liabilities | 15.27 | 12.59 | 9.7 | 8.51 | 7.25 | 7.59 | 7.1 | 4.87 | 3.86 | 3.5 | 3.17 | 3.7 |
| Total Liabilities | 10.38 | 12.81 | 8.59 | 6.07 | 4.77 | 4.06 | 4.38 | 4.44 | 4.48 | 5.38 | 6.93 | 7.62 |
| Fixed Assets | 6.54 | 9.24 | 6.89 | 4.48 | 3.34 | 2.4 | 1.87 | 1.49 | 1.55 | 1.64 | 1.94 | 1.88 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.51 | 2.28 |
| Other Assets | 3.84 | 3.57 | 1.7 | 1.59 | 1.43 | 1.66 | 2.51 | 2.95 | 2.93 | 3.74 | 3.48 | 3.46 |
| Total Assets | 10.38 | 12.81 | 8.59 | 6.07 | 4.77 | 4.06 | 4.38 | 4.44 | 4.48 | 5.38 | 6.93 | 7.62 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | — | −0.62 | 0.08 | 1.16 | 1.3 | 1.24 | 1.69 | 1.35 | 1.42 | 2.67 | 2.52 |
| Investing | — | −4.65 | −0.11 | 0.37 | −0.15 | −0.16 | −0.06 | −1.84 | −0.34 | −0.21 | −1.9 |
| Financing | — | 5.33 | −0.01 | −1.5 | −1.2 | −1.07 | −1.37 | 0.31 | −0.85 | −1.32 | −0.63 |
| Net Cash Flow | — | 0.06 | −0.04 | 0.04 | −0.06 | 0.01 | 0.25 | −0.17 | 0.23 | 1.14 | −0.01 |
| Free Cash Flow | — | −5.27 | −0.03 | 1.53 | 1.15 | 1.23 | 1.5 | 1.19 | 1.03 | 2.46 | 2.04 |
| CFO/OP | — | 3,100 | 73 | 159 | 123 | 106 | 56 | 49 | 57 | 98 | 93 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 37.54 | 22.48 | 14.53 | 8.84 | 19.12 | 17.15 | 23.78 | 14.38 | 25.58 | 15.43 | 20.46 |
| Inventory Days | 86.45 | 58.99 | 32.3 | — | — | — | — | — | — | — | — |
| Days Payable | 3,463 | 1,534 | 1,353 | — | — | — | — | — | — | — | — |
| Cash Conversion Cycle | −3,339 | −1,452 | −1,307 | 8.84 | 19.12 | 17.15 | 23.78 | 14.38 | 25.58 | 15.43 | 20.46 |
| Working Capital Days | −623 | −548 | −455 | −371 | −341 | −406 | −199 | −123 | −97.92 | −92.95 | −81.48 |
| ROCE % | — | — | — | — | — | — | — | — | 2684.21% | 232% | 108.87% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Medinova Diagnostic Services insights
29 extracted metrics across FY15–FY26.
Documents
Frequently Asked Questions about Medinova Diagnostic Services
What does Medinova Diagnostic Services Ltd do?
Where is Medinova Diagnostic Services Ltd (MEDINOV) listed?
Which sector does Medinova Diagnostic Services Ltd belong to?
Company Information
Incorporated in 1985, Medinova Diagnostic Services Ltd is in the business of providing diagnostic services.
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