Medinova Diagnostic Services
Medinova Diagnostic Services (MEDINOV) share price was ₹43.45 at the 24 Nov 2025 close; sector Healthcare. In the Sep 2025 quarter, revenue was ₹2.50 Cr, against ₹2.56 Cr a year earlier and net profit was ₹0.51 Cr, against ₹0.50 Cr a year earlier (compared with Sep 2024). Promoters held 62.14% of Medinova Diagnostic Services in Sep 2025, unchanged from Jun 2025.
Peer Comparison
Healthcare › Healthcare Services › Healthcare Service Provider
| ₹1,906.70 | 58.96 | 32,004 Cr | 12.76 | 0.26% | 20.06% | 25.67% | 2,996 Cr | 545 Cr | |
| ₹1,433.60 | 78.64 | 14,766 Cr | 15.43 | 0.14% | 18.07% | 19.22% | 879 Cr | 187 Cr | |
| ₹548.35 | 56.36 | 11,372 Cr | 7.57 | 0.91% | 12.54% | 15.73% | 1,733 Cr | 203 Cr | |
| ₹514.55 | 46.44 | 8,190 Cr | 15.97 | 2.84% | 27.79% | 33.84% | 894 Cr | 176 Cr | |
| ₹629.95 | 150.35 | 6,335 Cr | 5.67 | 0.00% | 6.88% | 13.46% | 1,079 Cr | 85 Cr | |
| ₹319.05 | 46.37 | 1,662 Cr | 6.79 | 0.16% | 12.90% | 14.70% | 329 Cr | 35 Cr | |
| ₹494.00 | 16.20 | 1,602 Cr | 1.63 | 0.40% | 10.35% | 10.64% | 862 Cr | 98 Cr | |
| Medinova Diagnostic Services (this company) | — | — | — | — | — | — | — | 10 Cr | 2 Cr |
| Median 8 companies | ₹548.35 | 56.36 | 8,190 Cr | 7.57 | 0.26% | 12.90% | 15.73% | 887 Cr | 137 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the live price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.
Tapetide Score
Data-driven rating, 0–100. How it works →
No Tapetide Score has been computed for this stock yet.
Key Insights
Weaknesses
1- The company has delivered a poor sales growth of 5.66% over past five years.
Technical Indicators
Oscillators
Bullish
Overall
Bullish
Moving Averages
Bullish
Growth Rate
change over 1 year
change over 1 year
Quarterly Results
| 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
| 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
| 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
| 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 + investor summaries 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.
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/526301.md for Medinova Diagnostic Services Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For
live, structured queries instead of documents, use our Indian stock market MCP server.