Modern Diagnostic & Research Centre Ltd

Modern Diagnostic & Research Centre Ltd (MDRC) is a micro-cap Healthcare company valued at ₹95 crore operating in Healthcare Service Provider on the NSE and BSE.

Recent price move

Modern Diagnostic & Research Centre Ltd last traded at ₹62.62, down 2.16% on the day.

Recent developments

On 2026-03-31, the promoter holding fell by 27.15 percentage points, reducing their stake to 72.85%. Domestic institutional holding increased by 15.48 percentage points to 15.48%, while foreign institutional holding remained at 0.03%.

Financial performance

The company's revenue grew 6.6% annually, but net profit dropped 41.5% year-over-year. In the latest quarter, revenue rose 27.0% compared to the same quarter a year earlier, while net profit increased 100.0% from the prior-year quarter, though the net profit margin narrowed by 5.2 percentage points.

Valuation multiples

The stock trades at 18.0 times earnings, a discount to the Healthcare median of 32.0, 1.73 times book value.

Things to watch

The company's net profit margin has declined by 5.2 percentage points, and net profit fell 41.5% annually. The promoter holding decreased significantly, and the stock is 36.0% below its 52-week high.

Where it stands

The company reported a net profit of ₹5 crore for the fiscal year, but this fell 41.5% from the previous year. The latest quarter saw a 100.0% increase in net profit compared to the same quarter a year earlier, though the net profit margin remained low. The stock is currently 36.0% below its 52-week high.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.