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Dolat Capital Report
Vijaya Diagnostic Centre Ltd., incorporated in Hyderabad by Dr. Surendranath Reddy in 1981, is the largest integrated diagnostic chain in South India with 85 state-of-the-art centres.
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With best in class technology, it has 11 reference labs (hub) spread across 14 cities and towns in Telangana (86% of revenue), Andhra Pradesh (10% of revenue), National Capital Region and Kolkata.
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The company offers pathology and radiology services and many specialised tests across its focused centres with majority of business coming from business-to-consumer (93% in H1 FY22).
Vijaya Diagnostic's customer centric approach and strong brand positioning has enabled them to deliver strong earnings performance.
Low capex intensive and plug and play model will aid them to deliver robust growth in the coming years.
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