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Nidan Labs & Healthcare

Nidan Laboratories & Healthcare Ltd

NIDAN NSE
₹12.80 −0.10 (−0.78%)
P/E
4.41
View as Markdown
MCP
Close 4 Nov 2026 ₹12.80 −6.90 −35.0% 1Y
Start ₹19.70

Key Fundamentals

SMEHealthcare ServicesHealthcare

Price-based figures as of · TTM

ROCE
5.99%
Debt to Equity
0.16
EPS (TTM)
₹2.90
Book Value
₹50.14
Market Cap
—
P/E (TTM)
4.41
P/B
0.26
ROE
2.58%
Dividend Yield
0.00%
EBITDA
₹6.70 Cr
52W High
₹24.90
52W Low
₹11.50
Day Range
₹12.80 – ₹12.90
Volume
2,000

Peer Comparison

Healthcare › Healthcare Services › Healthcare Service Provider

Nidan Labs & Healthcare peer comparison
₹2,029.4062.75₹32,036 Cr13.580.26%22.30%28.00%₹2,891 Cr₹545 Cr
₹1,424.6078.15₹14,588 Cr15.330.14%18.30%20.50%₹857 Cr₹187 Cr
₹581.2559.74₹11,437 Cr8.030.88%13.60%17.80%₹1,710 Cr₹203 Cr
₹495.5044.72₹7,723 Cr14.252.90%28.40%35.40%₹876 Cr₹176 Cr
₹622.35148.53₹5,903 Cr5.610.00%8.83%15.30%₹1,053 Cr₹85 Cr
₹333.0548.41₹1,717 Cr7.080.15%14.20%17.30%₹325 Cr₹35 Cr
₹483.0515.84₹1,571 Cr1.510.41%10.90%12.70%₹726 Cr₹98 Cr
Nidan Labs & Healthcare (this company)
₹12.804.41₹18 Cr0.260.00%2.58%5.99%₹24 Cr₹3 Cr
Median 8 companies₹538.3854.08₹6,813 Cr7.560.21%13.90%17.55%₹867 Cr₹137 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

57 Good

Data confidence 100/100

Category scores

Quality
59
Good
Returns, margins, earnings quality 22% weight
Valuation
81
Strong
Cheap vs sector & own history 24% weight
Growth
43
Weak
Sales & profit trajectory 9% weight
Financial Health
47
Average
Solvency, leverage, coverage 9% weight
Momentum
38
Weak
Trend strength, vol-adjusted 12% weight
Ownership
50
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

2
  • Stock is trading at 0.25 times its book value
  • Company's working capital requirements have reduced from 87.8 days to 33.6 days

Weaknesses

4
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 4.62% over past five years.
  • Company has a low return on equity of 1.81% over last 3 years.
  • Promoter holding has decreased over last 3 years: -5.75%

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1171
OscillatorsBearish270
Moving AveragesStrong Bearish901

Key readings

RSI (14)
47.19
Neutral
MACD (12,26,9)
−0.14
Bearish
SMA (50)
13.29
Bearish
SMA (200)
14.92
Bearish

As of

Growth Rate

From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025.

Revenue

Revenue growth by window
5Y+4.62%
3Y+1.71%
1Y+4.12%

Net profit

Net profit growth by window
5Y−8.07%
3Y−24.72%
1Y−23.74%

Operating cash flow

Operating cash flow growth by window
5Y−17.43%
3Y−46.60%
1Y−29.24%

Operating margin· change in pp

Operating margin growth by window
5Y−24.67 pp
3Y−9.07 pp
1Y−1.68 pp

Trailing twelve months: Results are not reported for each of the last eight quarters, so there is no trailing-twelve-month figure.

Revenue by year

Revenue by year, ₹ crore
Mar 2019₹20.07 Cr
Mar 2020₹21.41 Cr
Mar 2021₹20.38 Cr
Mar 2022₹29.66 Cr
Mar 2023₹24.27 Cr
Mar 2024₹24.18 Cr
Mar 2025₹24.53 Cr
Mar 2026₹25.54 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2019₹0.22 Cr
Mar 2020₹0.71 Cr
Mar 2021₹2.30 Cr
Mar 2022₹2.66 Cr
Mar 2023₹3.54 Cr
Mar 2024−₹3.23 Cr
Mar 2025₹1.98 Cr
Mar 2026₹1.51 Cr

Half-yearly Results

₹ Cr
NIDAN half-yearly results, ₹ crore
Particulars Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales
13.14
14.09
10.18
11.82
12.35
10.53
13.99
13.12
12.42
Expenses
9.52
8.93
8.54
8.48
9.24
7.93
11.53
10.58
10.12
Operating Profit
3.62
5.16
1.64
3.34
3.11
2.6
2.46
2.54
2.3
OPM %
27.55%
36.62%
16.11%
28.26%
25.18%
24.69%
17.58%
19.36%
18.52%
Other Income
0.39
0.33
3
1.52
−5.29
1.03
1.22
1.17
0.29
Interest
0.95
1.03
1.19
0.98
1.2
0.88
1.26
0.88
1.07
Depreciation
0.87
1.44
1.66
1.28
1.59
1.34
1.07
0.92
0.98
PBT
2.19
3.02
1.79
2.6
−4.97
1.41
1.35
1.91
0.54
Tax %
61.19%
23.51%
31.28%
26.15%
3.62%
21.99%
34.81%
24.61%
87.04%
Net Profit
0.86
2.32
1.22
1.92
−5.15
1.1
0.88
1.43
0.07
EPS (₹)
0.62
1.67
0.88
1.38
−3.71
0.79
0.63
1.03
0.05

Profit & Loss

₹ Cr
NIDAN profit and loss, annual, ₹ crore
Particulars Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
20.07
21.41
20.38
29.66
24.27
24.18
24.53
25.54
Expenses
12.23
13.78
11.49
20.25
17.47
17.74
19.47
20.7
Operating Profit
7.84
7.63
8.89
9.41
6.8
6.44
5.06
4.84
OPM %
39.06%
35.64%
43.62%
31.73%
28.02%
26.63%
20.63%
18.95%
Other Income
0.37
0.01
1.06
0.4
3.33
−3.76
2.25
1.46
Interest
4.75
3.74
3.46
2.66
2.22
2.18
2.14
1.96
Depreciation
3.24
3.19
3.18
2.63
3.1
2.87
2.41
1.9
PBT
0.22
0.71
3.31
4.52
4.81
−2.37
2.76
2.44
Tax %
0%
0%
30.21%
41.15%
26.4%
36.29%
28.26%
38.11%
Net Profit
0.22
0.71
2.3
2.66
3.54
−3.23
1.98
1.51
EPS (₹)
0.22
0.72
2.32
1.91
2.55
−2.32
1.42
1.09
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%

Balance Sheet

₹ Cr
NIDAN balance sheet, annual, ₹ crore
Particulars Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
9.9
9.9
9.9
13.9
13.9
13.9
13.9
13.9
Reserves
0.41
1.13
3.43
52
55.54
52.31
54.28
55.79
Borrowings
32.16
34.35
38.04
19.29
10.93
12.44
11.11
11.17
Other Liabilities
0.58
−0.17
2.37
3.29
4.03
3.9
3.65
3.14
Total Liabilities
43.05
45.21
53.74
88.48
84.4
82.55
82.94
84
Fixed Assets
23.28
20.1
19.92
20.46
21.39
17.95
16.33
14.91
CWIP
0
0
0.23
3.81
0
0.04
0.15
0.15
Investments
0.53
0.53
0.27
0
0
0
20
20
Other Assets
19.24
24.58
33.32
64.21
63.01
64.56
46.46
48.94
Total Assets
43.05
45.21
53.74
88.48
84.4
82.55
82.94
84

Cash Flow

₹ Cr
NIDAN cash flow, annual, ₹ crore
Particulars Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
8.95
4.62
4.35
7.83
10.97
5.52
2.36
1.67
Investing
1
−0.01
−3.22
−35.74
−0.29
−10.6
−0.21
0.06
Financing
−5.81
−1.56
−1.22
28.72
−10.37
−0.49
−3.1
−1.63
Net Cash Flow
4.14
3.05
−0.1
0.8
0.32
−5.57
−0.95
0.1
Free Cash Flow
9.95
4.61
1.13
1.36
11.02
4.88
1.49
1.19
CFO/OP
114
61
49
96
162
129
78
55

Ratios

NIDAN financial ratios, annual
Particulars Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
102
92.57
97.25
65.96
90.69
7.85
18.9
31.73
Inventory Days
16.98
12.88
18.17
25.99
—
—
—
—
Days Payable
117
—
213
136
—
—
—
—
Cash Conversion Cycle
2.29
—
−97.64
−43.89
90.69
7.85
18.9
31.73
Working Capital Days
256
292
−189
54.52
43.46
243
−13.39
33.58
ROCE %
—
10.13%
13.99%
10.09%
8.17%
7.95%
6.17%
5.99%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Nidan Labs & Healthcare insights

56 extracted metrics across FY19–FY26.

Shareholding Pattern

As of Jun 2026

  • Promoters 57.04%
  • Public 39.94%
  • Others 3.02%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Nidan Labs & Healthcare

What does Nidan Laboratories & Healthcare Ltd do?
Incorporated in 2000, Nidan Laboratories & Healthcare Ltd is in the business of providing various Healthcare and Diagnostics Services
Where is Nidan Laboratories & Healthcare Ltd (NIDAN) listed?
Nidan Laboratories & Healthcare Ltd trades as NIDAN on the NSE.
Which sector does Nidan Laboratories & Healthcare Ltd belong to?
Nidan Laboratories & Healthcare Ltd is classified under the Healthcare Services sector, in the Healthcare Service Provider industry.
What is the PE ratio of Nidan Laboratories & Healthcare Ltd?
Nidan Laboratories & Healthcare Ltd trades at a PE ratio of 4.41 as of 4 Nov 2026, on earnings per share of ₹2.9, against a book value of ₹50.14 per share.
What is the 52-week high and low of Nidan Laboratories & Healthcare Ltd?
Over the last 52 weeks Nidan Laboratories & Healthcare Ltd has traded between ₹11.5 and ₹24.9 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Nidan Laboratories & Healthcare Ltd?
Nidan Laboratories & Healthcare Ltd reported a return on equity of 2.58%. Its debt-to-equity ratio is 0.16.

Company Information

Incorporated in 2000, Nidan Laboratories & Healthcare Ltd is in the business of providing various Healthcare and Diagnostics Services

Listed 12 Nov 2021
Face Value ₹10

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