Share of Suraksha Diagnostic Limited is currently trading at around Rs.347/-. Investors are asking for the Suraksha Diagnostic Share Price Targets for 2025, 2030, 2035 and 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the Suraksha Diagnostic Share Price Targets for 2025, 2030, 2035 and 2040.
Discussion & Analysis of Business & Financial performance with future business prospects of Suraksha Diagnostic Ltd:
Suraksha Diagnostic Limited, a prominent player in India’s diagnostic services sector, has demonstrated notable financial growth in recent years. In the fiscal year ending March 2024, the company reported revenues of ₹2,223 million, marking a 14.8% increase from ₹1,937 million in the previous year. Net profit surged to ₹231 million, a significant rise from ₹61 million in FY23.
In the second quarter of FY2024-2025, Suraksha Diagnostic achieved revenues of ₹680.67 million, up from ₹606.05 million in the same period the previous year. Net income for the quarter was ₹103.43 million, compared to ₹84.13 million a year earlier.
The company’s operations are primarily concentrated in West Bengal, which accounts for 95% of its revenues. As of June 2024, its network included one flagship central reference laboratory, eight satellite laboratories, 49 diagnostic centers, and 166 sample collection centers. The retail B2C segment contributes 93% of its revenues.
In December 2024, Suraksha Diagnostic launched an initial public offering (IPO) with an offer for sale worth ₹846 crore, providing a partial exit to OrbiMed Asia and reducing promoter holding from 66% to 50.4%. The IPO valued the company at 73.5 times its annualized FY25 earnings.
Looking ahead, the Indian healthcare market is projected to expand from ₹9.5–10.5 trillion in FY24 to ₹14.5–15.5 trillion by FY28, registering a compound annual growth rate (CAGR) of 10–11%. The diagnostics segment, which constituted 9% of the healthcare market in FY24, is expected to grow at a 10–12% CAGR during this period. Specifically, the radiology segment is projected to grow at an 11–13% CAGR, while the pathology segment is anticipated to achieve a 9–11% CAGR.
Suraksha Diagnostic’s strong financial performance, combined with its established presence in Eastern India and the favorable industry outlook, positions the company well for future growth. However, its regional concentration presents both opportunities and challenges as it seeks to expand its footprint in the competitive Indian diagnostics market.
Share Price Targets:
Suraksha Diagnostic Share Price Target 2025
Based on the above discussion and analysis, the share price of Suraksha Diagnostic Ltd may touch the level of around Rs.400-425 in 2025.
Suraksha Diagnostic Share Price Target 2030
Based on the above discussion and analysis, the share price of Suraksha Diagnostic Ltd may touch the level of around Rs.650-750 in 2030.
Suraksha Diagnostic Share Price Target 2035
Based on the above discussion and analysis, the share price of Suraksha Diagnostic Ltd may touch the level of around Rs.1200-1400 in 2035.
Suraksha Diagnostic Price Target 2040
Based on the above discussion and analysis, the share price of Suraksha Diagnostic Ltd may touch the level of around Rs.2250-2500 in 2040.
Disclaimer: Investments in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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