BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
Vijaya Diagnostic Centre Ltd. is one of the largest integrated diagnostic chains in southern India and is primarily based in Andhra Pradesh and Telangana. Other factors that differentiate Vijaya Diagnostic from other diagnostic chains are:
~92% of business is its business-to-consumer (provides stickiness) and
it offers a comprehensive basket of diagnostic services in both pathology and radiology.
Owing to its B2C focus and higher radiology contribution, Vijaya Diagnostic commands the highest margin (~44% in FY21) within the industry. The company’s focus on deeper expansion in its dominant regions, along with supportive macro factors and expectation of a faster shift of market to organised players will help it to maintain its growth momentum.
Further expansion in East, especially in Kolkata, may drive medium to long term growth.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR