Krsnaa Diagnostics FY26 PAT rises 31% to ₹1,014 million
Krsnaa Diagnostics reported a 31% rise in FY26 PAT to ₹1,014 million, with revenue increasing to ₹7,728 million. The board recommended a final dividend of ₹2 per share.

*this image is generated using AI for illustrative purposes only.
Krsnaa Diagnostics Limited reported a consolidated net profit of ₹1,014.31 million for the financial year ended March 31, 2026, a 31% increase compared to the previous year. Revenue from operations for FY26 stood at ₹7,727.74 million, up from ₹7,171.60 million in FY25. The reported PAT includes a fair valuation gain of ₹222.41 million from the investment in Apulki Healthcare Private Limited. The board has recommended a final dividend of ₹2 per equity share, representing 40% of the face value, subject to shareholder approval.
Financial Performance
For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹417.18 million on revenue from operations of ₹1,926.04 million, compared to a net profit of ₹206.78 million on revenue of ₹1,860.76 million in the corresponding quarter of the previous year. EBITDA for the quarter stood at ₹549 million versus ₹530 million in the same period last year, while the EBITDA margin came in at 29% compared to 29% year-on-year.
The following table summarises the key quarterly and full-year financial metrics:
| Metric: | Q4 FY26 | Q4 FY25 | FY26 | FY25 |
|---|---|---|---|---|
| Revenue from Operations: | ₹1,926M | ₹1,861M | ₹7,728M | ₹7,172M |
| Net Profit: | ₹417M | ₹207M | ₹1,014M | ₹776M |
| EBITDA: | ₹549M | ₹530M | ₹2,118M | ₹1,901M |
| EBITDA Margin: | 29% | 29% | 27% | 27% |
| Total Income: | ₹2,241M | ₹1,905M | ₹8,162M | ₹7,427M |
| Earnings Per Share (Basic): | ₹12.86 | ₹6.40 | ₹31.30 | ₹24.04 |
Operational Highlights and Expansion
Operating cash flows strengthened significantly to ₹1,430.98 million in FY26 compared to ₹873.27 million in FY25. The retail diagnostics vertical, Krsnaa Retail Private Limited, delivered an 8 times jump in revenue and a 7 times surge in touchpoints, expanding to 3,500 locations across 5 states. A total of 51 centers and 1,167 collection centers were operationalized in FY25-26. The company projects that upon completion of its existing order book, it will have 200+ CT/MRI centres, cementing its position as one of Asia’s largest radiology players.
The Rajasthan project is expected to grow the network to 7 Reference Labs, 41 Mother Labs, 249 Satellite Labs & 5,000+ Collection Centres. Total assets as of March 31, 2026, stood at ₹18,237.16 million, compared to ₹12,815.95 million in the previous year.
Auditor and Regulatory Disclosures
The Statutory Auditors, MSKA & Associates LLP, issued an unmodified opinion on the audited standalone and consolidated financial results. The auditor's report included an emphasis of matter regarding assessment orders passed by the Income Tax Authorities for assessment years 2017-18 to 2023-24 under search assessment proceedings, resulting in a demand of ₹626.90 million. The company has filed appeals and deposited ₹102.77 million under protest, with management stating the demand is not tenable and not expected to have a material impact.
The board approved the re-appointment of M/s Kirtane & Pandit LLP as Statutory Auditors for FY27 to FY31, subject to shareholder approval.
Historical Stock Returns for Krsnaa Diagnostics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.88% | -2.81% | -8.67% | -31.90% | -14.67% | -44.38% |
How will the company sustain the rapid growth of its retail vertical beyond the initial 5-state expansion?
What is the expected timeline for monetizing the existing order book to reach the target of 200+ CT/MRI centres?
Will future profitability remain dependent on fair valuation gains from investments like Apulki Healthcare?


































