Nidan Laboratories & Healthcare Ltd

Know More

34.50-0.20 (-0.58%)

03:40 PM,27th Sep 2023


BSE : 535411


Sector : Health care

ISIN Code : INE0J6L01013

  • NSE
  • BSE
  • 1D
  • 5D
  • 1M
  • 6M
  • 1Y
  • 2Y
  • 5Y
  • MAX

Market Cap (₹ Cr)


Turnover (₹ Cr)


Volume (Shares)


Face Value


52-WK High


52-WK High Date

03 Oct 2022

52-WK Low


52-WK Low Date

29 Mar 2023

All Time High


All Time High Date

12 Nov 2021

All Time Low


All Time Low Date

29 Mar 2023

Nidan Laboratories & Healthcare Ltd

The Company was originally incorporated as Abhi Diagnostic Imagings Private Limited on December 05 2000 under the Companies Act 1956 vide Certificate of Incorporation issued by the Registrar of Companies Maharashtra. Subsequently name of the Company changed from Abhi Diagnostic Imagings Private Limited to Nidan Laboratories And Healthcare Private Limited under the Companies Act 2013 pursuant to a Special Resolution passed by Shareholders at the EGM held on February 26 2021 and had obtained fresh Certificate of Incorporation dated March 24 2021 issued by the Registrar of Companies Maharashtra. Subsequently Company got converted into a Public Limited Company and name of the Company was changed to `Nidan Laboratories And Healthcare Limited' and a fresh Certificate of Incorporation consequent upon conversion to Public Limited Company was issued by the Registrar of Companies Mumbai Maharashtra on May 24 2021. The Company carry on the business of Diagnostic Centre such as X-Ray Sonography 2 D ECHO PFT CST C.T. Scan MRI etc. Blood Bank Pathology Laboratories Dialysis Unit Intensive Care Unit Burn & Poisoning Centre and Poly Clinic.Nidan was established as a Proprietary Firm in 1994 by Promoter Dr. Nitin Vithalrao Throve in the Northern District of Mumbai where diagnostic services was provided under one roof at reliable and affordable price. The Company came into existence in the year 2000. The business was carried out under the sole proprietorship which was later taken over by the Company in 2000. From the year 2000 onwards he expanded the diagnostic's business by setting up various centres within the Northern District of Mumbai and Pune and Southern District of Pune. Nearly 30 diagnostic cum collection centres are operational under the brand name of Nidan Healthcare and offer radiology neurology cardiology dental as well as pathology services. Out of the 35 Centre's 16 centre's are under the Franchisee model where 1 centre acts as a fully operated diagnostic centre and 15 centres act solely as standalone collection centres. The Company provide integrated diagnostics services to more than 1 million patients per year. To enable the patients easily distinguish its pathology and radiology services the Company introduced NIDANPATH and NIDAN DIAGNOSTICS respectively in the year 2017. Since 2000 private and government hospitals have been using the services and diagnostics centres for various pathology and radiology tests. The Company successfully set its diagnostics centre in Asian Heart Hospital Mumbai under the name of Asian Nidan Imaging Centre. The Company offer a comprehensive range of approximately 740 routine and 3000 specialized pathology tests and approximately 220 basic and 320 advanced radiology tests that cover a range of specialties and disciplines. The diagnostic services of Nidan are provided by a medical professional team consisting of 94 laboratory doctors radiologists physicians and 256 well-trained technical staff in the operational network. All of the Company centres are Pre-Conception and Pre-Natal Diagnostic Techniques (PCPNDT) accreditations. The diagnostic centres of the Company are designed in accordance with certain specifications which include requirements in relation to design of work area physical infrastructure and placement of technical equipment. The Company specializes in all diagnostic services under one roof consisting of all kind of Pathological tests of Blood Urine Stool etc. Radiological tests like CT Scan MRI X-Ray Ultrasound Sonography Cardiological Tests like ECG Stress Test 2 D Echo etc. Neurological Test like EMG EEG etc.The Company test menu includes pathology tests ranging from basic biochemistry and clinical pathology to cytogenetic and high-end molecular diagnostic tests and radiology tests ranging from basic echocardiograms X-Rays and ultrasounds to advanced radiology tests including computerized tomography (CT) scans and magnetic resonance imaging (MRI) scans. The Company offer a broad spectrum of health and wellness packages to customers as per their requirements. It focus on a customer centric approach to enhance the overall quality of services for optimal customer satisfaction. For convenience of the customers Nidan Labs & Healthcare provide value-added services such as home collection of specimens house calls and various delivery or access modes i.e. at diagnostic Centre's SMS email web and mobile portal for test reports. Several factors including the strength of its brand integrated services model quality of diagnostic services center infrastructure and customer experience convenience of operational network and home collection in core geographies are the important differentiating factors in customer choosing clients as their preferred diagnostic service provider which helps them in retaining customers and sets them apart from its competitors.The Company gained best name in radiology as well as in pathology. As part of it the Company has also tied up with best pathology Partners like Metropolis Laboratories Limited. It introduced a wide range of home visit sources not limited to pathology only which includes Pathology-ECG EEG EMG BMD X-Rays AMBP and Cardiac Holter; introduced No Profit-Affordable Health Model and Packages wherein it offer services at a discounted rate. The Company has come out with unique appointment booking mobile application under the name of NIDAN HEALTHCARE which is supported by self-indigenous software called Nidan Operation Management (NOM). This unique app enables the patients to book appointments For Any test. From Anywhere. At Any-time. By choosing particular time slot for test. By knowing the exact cost of test. By paying the exact amount online. By getting the exact instructions of preparation for particular test.The Company intends to introduce online Health Care Consultancy Services Health Care Services (Medical) Hospital And Diagnostic Services under the brand name HEALTHEXPEDIA TRUFIT CLINIC and NIDAN HEALTHMALL. The introduction of these strategies which have been widely accepted patients especially in the era of Covid-19 have assisted the Company in changing the dynamisms of its business and traditional way of booking appointments and conducting tests. With the largest and fastest growing diagnostic chain with dominant position in Northern District of Mumbai the Company is well positioned to leverage the high growth in Indian diagnostics industry. Keeping this in mind the Company proposes to expand diagnostic and collection centres PAN Mumbai by entering into Joint Ventures with various Laboratories such as Metropolis Healthcare Limited SRL Diagnostics etc. on the terms and conditions as agreed between the parties. The Company has entered into a APSC Agreement with Metropolis Healthcare Limited as well and over the next 5 years intends to set up more centres PAN India either by acquiring brown field projects especially in Rajasthan Punjab or by using Hub and Spoke Model within the Metro cities of India. In 2019 the Company received several awards that recognized the strength of its brand and focused on offering superior diagnostic services. For examples Nidan was recognized as Best Diagnostic Chain of India Award 2019 in Category of over 20 + diagnostic centres by Express Healthcare Division of The Indian Express Group. The Company also earned a reputation among its clients by winning several accolades and client appreciation that testify the commitment levels and effective deliveries of good work.

Nidan Laboratories & Healthcare Ltd - Key Fundamentals

Market Cap (₹ Cr)


EPS - TTM (₹) [S]


P/E Ratio (X) [S]


Face Value (₹) 10
Latest Dividend (%)-
Latest Dividend Date -
Dividend Yield (%) -
Book Value Share (₹) [S]49.96
P/B Ratio (₹) [S]0.69
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High



Year Low/High



All time Low/High



Share Price Returns

1 Week%%-2.19-0.93%
1 Month%%1.902.34%
3 Month%%5.004.78%
6 Month%%14.9316.08%
1 Year%%15.7015.93%
3 Year%%76.8478.43%



Bulk/ Block

DateClient NameExchangeTransactionQuantityPrice
29-08-2023AJAY SALVINSESELL8600037.19
29-08-2023AJAY SALVINSEBUY8600037.00
23-08-2023AJAY SALVINSEBUY8200043.28
23-08-2023AJAY SALVINSESELL8600039.63

Load More

Peer Group Comparison

NamePrice(In Rs)Chg(%)Mkt Cap(Rs Cr)Sales(Rs Cr)Profit(Rs Cr)EPS(Rs)P/E(x)

Shareholding Pattern

Jun 2023
Financial Institutions Banks0.00
Foreign Institutional Investors0.00
Insurance Companies0.00
Mutual Funds Uti0.00
Other Institutional Investors0.00
Indian Public25.63
Others Non Institutional Investors3.15

Corporate Action

Announcement DatePurposeFromToRemarks
Data Not Found

Price History

Search for Price History

Data Not Found

Load more

Company Info

Company Information

Executive Director : Edwin Francis Dabre

Executive Director & CFO : Tejal Anil Jayakar

Non Executive Director : Krupesh Deepak Thakur

Independent Director : Nilesh Ghanshyam Bide

Independent Director : Abhinay Shashikant Nerurkar

Independent Director : Karim Hakam Khimani

Company Secretary : Akshay Joshi

Registered Office: Swapnshilpa Behind Aarti Apart, Vatak Road Virar (West),Palagar,Maharashtra-401303 Ph: 9-8975610000