1. At a Glance
Vijaya Diagnostics flexed with Q1 FY26 revenue at ₹188 Cr (+20% YoY) and PAT at ₹39 Cr (+22% YoY). High P/E? Yes, 78x. But the market still loves this South Indian diagnostic kingpin.
2. Introduction
Imagine a health check-up package that doesn’t drain your wallet but still gives you a clean bill of health. Vijaya is that – steady, profitable, and slightly overpriced, like your favourite organic avocado toast.
3. Business Model – WTF Do They Even Do?
- Core: Diagnostic tests, radiology, nuclear medicine, health check-ups.
- Scale: 81 centers, 11 labs, 13 cities.
- Special Sauce: First in South India to bring PET-CT scans; now expanding like a diagnostic octopus.
4. Financials Overview
- Q1 FY26 Revenue: ₹188 Cr
- PAT: ₹39 Cr
- OPM: 39% (lab coats printing
