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Krsnaa Diagnostics Limited (KRSNAA) AI Stock Analysis

IN:KRSNAA

Krsnaa Diagnostics Limited

(NSE:KRSNAA)

Select Model
Rating:61Neutral
Price Target:INR 532.00â–²(5.53% Upside)
Action:reiterated
Date:08/26/26

The score is driven mainly by solid revenue growth and an improved balance sheet, offset by weak free cash flow generation and uneven cash conversion. Technicals are broadly neutral, and valuation appears reasonable but not strongly compelling given the low dividend yield.

Positive Factors
Consistent Revenue GrowthRevenue growth across four years indicates sustained demand for Krsnaa Diagnostics’ pathology and imaging services. Continued expansion of the top line can support operating scale, strengthen the company’s presence across healthcare settings, and provide a foundation for future earnings growth.
Negative Factors
Persistently Negative Free Cash FlowNegative free cash flow over several years indicates that investment needs and/or working-capital demands are absorbing operating cash. If sustained, this can limit internally funded expansion, increase reliance on balance-sheet capacity, and reduce flexibility when new diagnostic opportunities require capital.

Krsnaa Diagnostics Limited (KRSNAA) vs. iShares MSCI India ETF (INDA)

-40%-30%-20%-10%0%10%IN:KRSNAA-34.26%INDA-12.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
INR 16.14B
Dividend Yield
0.40%
Average Volume (3M)
7,796
Price to Earnings (P/E)
16.8
Beta (1Y)
0.99
Revenue Growth
10.19%
EPS Growth
20.99%
Country
India
Employees
3,296
Sector
General
Sector Strength
55
Industry
Medical - Diagnostics & Research

Krsnaa Diagnostics Limited Business Overview & Revenue Model

Company Description

Krsnaa Diagnostics Limited provides diagnostic services in India. It offers mammography, stress tests, dual-energy X-ray absorptiometry scans, bone mineral density tests, computed tomography scans, and magnetic resonance imaging services, as well as...

How the Company Makes Money

Krsnaa Diagnostics makes money primarily by providing diagnostic services and charging for tests and imaging procedures. Its revenue model is largely service-led and includes: (1) Pathology (clinical laboratory) revenue: fees earned from processing a...

Krsnaa Diagnostics Limited Financial Statement Overview

Summary

Strong multi-year revenue growth and a healthier, de-levered balance sheet support the profile, but overall quality is held back by persistently negative free cash flow and inconsistent cash conversion, alongside volatile profitability (notably the margin drop in 2024 before recovering).

Income Statement

66Positive

Balance Sheet

78Positive

Cash Flow

42Neutral
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue8.15B7.73B7.17B6.20B4.87B4.55B
Gross Profit3.68B3.01B5.48B2.05B4.13B3.95B
EBITDA2.26B2.55B2.16B1.61B1.42B1.46B
Net Income974.60M1.01B776.08M568.37M621.11M683.88M
Balance Sheet
Total Assets018.24B12.82B11.72B9.10B8.76B
Cash, Cash Equivalents and Short-Term Investments3.61B3.61B684.36M535.45M1.09B2.42B
Total Debt05.34B2.04B1.60B324.81M409.92M
Total Liabilities-9.80B8.43B3.99B3.62B1.71B2.07B
Stockholders Equity9.80B9.80B8.83B8.10B7.39B6.84B
Cash Flow
Free Cash Flow-516.97M-942.60M-393.00M-1.70B-650.59M-37.95M
Operating Cash Flow518.74M1.25B873.27M243.45M763.01M1.28B
Investing Cash Flow-1.04B-4.04B-996.09M-1.29B-1.09B-2.41B
Financing Cash Flow592.91M3.06B137.53M841.87M-331.45M1.76B

Krsnaa Diagnostics Limited Technical Analysis

Technical Analysis SentimentNegative
Last Price504.10

Price Trends

50DMA540.71Negative
100DMA542.95Negative
200DMA581.59Negative

Market Momentum

MACD-13.35Positive
RSI38.60Neutral
STOCH34.98Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:KRSNAA, the sentiment is Negative. The current price of 504.10 is below the 20-day moving average (MA) of 523.39, below the 50-day MA of 540.71, and below the 200-day MA of 581.59, indicating a bearish trend. The MACD of -13.35 indicates Positive momentum. The RSI at 38.60 is Neutral, neither overbought nor oversold. The STOCH value of 34.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:KRSNAA.

Krsnaa Diagnostics Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

IN:KRSNAA against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
IN:LALPATHLABIN:LALPATHLAB74OutperformINR 319.97B58.77―0.84%14.29%5.55%
IN:VIJAYAIN:VIJAYA71OutperformINR 149.06B79.30―0.14%20.18%24.71%
IN:THYROCAREIN:THYROCARE65NeutralINR 72.74B50.42―2.04%21.99%12.77%
IN:SURAKSHAIN:SURAKSHA65NeutralINR 16.53B45.98―0.31%23.31%7.56%
IN:KRSNAAIN:KRSNAA61NeutralINR 16.35B16.77―0.40%10.19%20.99%
IN:METROPOLISIN:METROPOLIS59NeutralINR 113.09B56.06―0.37%21.80%31.84%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%

* General Sector Average

Performance Comparison

-20%0%20%40%IN:KRSNAAIN:LALPATHLABIN:METROPOLISIN:SURAKSHAIN:THYROCAREIN:VIJAYADec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
IN:KRSNAA and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
IN:KRSNAAKrsnaa Diagnostics Limited504.10-281.30-35.82%
IN:LALPATHLABDr. Lal PathLabs Limited1906.30296.3618.41%
IN:METROPOLISMetropolis Healthcare Ltd.545.1546.069.23%
IN:SURAKSHASuraksha Diagnostic Ltd.317.401.740.55%
IN:THYROCAREThyrocare Technologies Ltd457.002.200.48%
IN:VIJAYAVijaya Diagnostic Centre Ltd.1447.25429.8142.24%

Krsnaa Diagnostics Limited Corporate Events

Krsnaa Diagnostics Taps AZmed’s Radiology AI to Scale X-ray Reporting

Oct 22, 2026

Krsnaa Diagnostics has announced a strategic collaboration with Paris-based radiology AI specialist AZmed to evaluate the latter’s AZtrauma solution, part of the Rayvolve suite, for detecting and triaging fractures, joint effusions and dislocat...

Krsnaa Diagnostics Secures Exchange Nod for Promoter-Focused Warrant Issue

Oct 8, 2026

Krsnaa Diagnostics Limited has received in-principle approvals from BSE and the National Stock Exchange of India to issue 1,621,000 convertible warrants on a preferential basis to its promoter and promoter group. The warrants are convertible into an...

Krsnaa Diagnostics Wins Exchange Nod for Preferential Issue of Convertible Warrants

Oct 8, 2026

Krsnaa Diagnostics Limited has received in-principle approvals from BSE and the National Stock Exchange of India for the issue of 1,621,000 convertible warrants to its promoter and promoter group on a preferential basis, each warrant convertible into...

Krsnaa Diagnostics Wins Shareholder Nod for Promoter-Backed Warrant Issue

Sep 18, 2026

Krsnaa Diagnostics Limited has secured shareholder approval to issue up to 1,621,000 warrants, convertible into equity shares of Rs 5 each, on a preferential basis to its promoter and promoter group. The approval was obtained via a postal ballot cond...

Krsnaa Diagnostics Announces Dispatch of Annual Report and AGM Notice

Sep 6, 2026

Krsnaa Diagnostics Limited has completed the dispatch of its Annual Report along with the notice convening its 16th Annual General Meeting to shareholders. The company has also published statutory advertisements about this completion and the AGM noti...

Krsnaa Diagnostics Clears Q1 Results, Sets AGM and Approves Promoter Warrants Issue

Aug 13, 2026

Krsnaa Diagnostics Limited’s board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and cleared the director’s report and accompanying annexures for the 2025-26 financial year. The...

Krsnaa Diagnostics Posts 22% Revenue Growth as Rajasthan Network Goes Live and Promoters Back Expansion

Aug 13, 2026

Krsnaa Diagnostics reported a 22% year-on-year rise in Q1 FY2027 revenue from operations to ₹2,355 million, driven by growth in its established business and contributions from newly commissioned projects. Like-for-like projects grew about 12%,...

Krsnaa Diagnostics Releases Investor Presentation on Q1 FY2026-27 Results

Aug 13, 2026

Krsnaa Diagnostics Limited has released an investor and analyst presentation detailing its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The disclosure, made under SEBI’s Listing Obligations and Di...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 26, 2026