52-week range
Price risk
Balance sheet & cash
What is the price implying?
Trailing earnings per share are negative, so a P/E-based figure does not exist. See the loss-makers list on the Expectations Gap page for a revenue-based version.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect.
What prices imply across Health Technology The market-wide Expectations lists
What changed?
- Sep '26Moved into the 3rd quartile of Health Technology on operating margin (from the bottom quartile).
- Mar '26Fell 81% from the Jan 2022 peak to the Mar 2026 low.
- Apr '23Share count is up 10.0% over 12 months.
- Jun '22Revenue (TTM) reached a new high of ₹60 cr.
- Mar '22Share count is up 11.1% over 12 months.
- Aug '21Regained the 2020-12 peak, 5 months after the low.
- Jun '21Revenue (TTM) reached a new high of ₹54 cr.
- Mar '21Fell 39% from the Dec 2020 peak to the Mar 2021 low.
Show 4 earlier events
- Feb '21Share count is up 5.9% over 12 months.
- Dec '20Regained the 2019-01 peak, 9 months after the low.
- Mar '20Fell 50% from the Jan 2019 peak to the Mar 2020 low.
- Jan '20Share count is up 21.4% over 12 months.
Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.
Where price and fundamentals disagree, market-wide Rewind the whole market to any month
Are profits backed by cash?
2 of 3 checks are within range, 1 beyond a threshold.
Tap a check to see how it is measured.
Other income reliance—Not enough data
Not enough reported data to compute this.
Tax rate—Not enough data
Not enough reported data to compute this.
Cash conversion—Not enough data
Not enough reported data to compute this.
Free cash flow0 of 5 yrsBeyond threshold
Fiscal years with positive free cash flow in the last 5: 0. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history-4 daysWithin range
Debtor days are below the median of the previous three fiscal years by 4 days (0 vs 4). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress1% of fixed assetsWithin range
Capital work-in-progress is 1% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.
Payable days—Not enough data
Not enough reported data to compute this.
How to read this
Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.
Who has been buying and selling?
- Over 2 years, institutional and promoter holdings were broadly unchanged.
- The number of shareholders fell from 8,990 to 8,521 (-5%) between Dec 2023 and Jun 2026.
Holdings, Jun '26
How each group changed
Number of shareholders
Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.
How rough has the ride been?
Monthly share price
Last 90 trading days
Drawdown from peak
Largest drawdowns
-81.3% (2022-01 peak to 2026-03 low, not yet recovered)
-50.1% (2019-01 peak to 2020-03 low, recovered 2020-12)
-39.3% (2020-12 peak to 2021-03 low, recovered 2021-08)
Where does it rank among Health Technology peers?
Each cell is the company's percentile rank among its Health Technology peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).
Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.
The Health Technology sector page Watch it move against Health Technology in the Observatory
What happened next to similar setups
- We found 50 past situations where a non-financial company looked like KREBS BIOCHEMICALS & INDUSTRIE today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −33% to +23% vs the market, against 0% for all non-financial companies in the same months.
- The gap against the base rate (−7.9%, 80% range −20.5% to +0.7%) is within what chance and overlapping periods produce.
Where the 50 outcomes landed
Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 4 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 30 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| NEXTMEDIA Consumer Services |
Dec 2021 | — | -29% | +53% | −9% | −33% |
| NOIDATOLL Commercial Services |
Feb 2022 | — | -10% | +30% | −17% | −15% |
| KERNEX Electronic Technology |
Feb 2020 | — | -15% | −9% | −28% | +11% |
| ARROWGREEN Process Industries |
Apr 2021 | — | -12% | +101% | −13% | +24% |
| OILCOUNTUB Non-Energy Minerals |
Jun 2020 | — | -34% | −24% | −34% | 0% |
Show the other 3 matches
How reliable is this?
Matched on P/S, ROCE, operating margin, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: 12-month momentum, drawdown from 12-month high and interest cover. Not used (unavailable for this company): P/E and debt/equity. This company is loss-making, so it was only compared with loss-making companies. One match per company and at most 7 from any one month.
Independent periods: the matches fall in 5 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.
Monthly history (94 months)
| Month | Revenue (TTM) | ROCE |
|---|---|---|
| 2026-10 | ₹25 cr | -15.0% |
| 2026-09 | ₹25 cr | -15.0% |
| 2026-08 | ₹24 cr | -15.0% |
| 2026-07 | ₹24 cr | -15.0% |
| 2026-06 | ₹24 cr | -15.0% |
| 2026-05 | ₹23 cr | -30.0% |
| 2026-04 | ₹23 cr | -30.0% |
| 2026-03 | ₹23 cr | -30.0% |
| 2026-02 | ₹27 cr | -30.0% |
| 2026-01 | ₹27 cr | -30.0% |
| 2025-12 | ₹27 cr | -30.0% |
| 2025-11 | ₹36 cr | -30.0% |
| 2025-10 | ₹36 cr | -30.0% |
| 2025-09 | ₹36 cr | -30.0% |
| 2025-08 | ₹43 cr | -30.0% |
| 2025-07 | ₹43 cr | -30.0% |
| 2025-06 | ₹43 cr | -30.0% |
| 2025-05 | ₹49 cr | -19.0% |
| 2025-04 | ₹49 cr | -19.0% |
| 2025-03 | ₹49 cr | -19.0% |
| 2025-02 | ₹51 cr | -19.0% |
| 2025-01 | ₹51 cr | -19.0% |
| 2024-12 | ₹51 cr | -19.0% |
| 2024-11 | ₹53 cr | -19.0% |
| 2024-10 | ₹53 cr | -19.0% |
| 2024-09 | ₹53 cr | -19.0% |
| 2024-08 | ₹50 cr | -19.0% |
| 2024-07 | ₹50 cr | -19.0% |
| 2024-06 | ₹50 cr | -19.0% |
| 2024-05 | ₹52 cr | -29.0% |
| 2024-04 | ₹52 cr | -29.0% |
| 2024-03 | ₹52 cr | -29.0% |
| 2024-02 | ₹52 cr | -29.0% |
| 2024-01 | ₹52 cr | -29.0% |
| 2023-12 | ₹52 cr | -29.0% |
| 2023-11 | ₹52 cr | -29.0% |
| 2023-10 | ₹52 cr | -29.0% |
| 2023-09 | ₹52 cr | -29.0% |
| 2023-08 | ₹52 cr | -29.0% |
| 2023-07 | ₹52 cr | -29.0% |
| 2023-06 | ₹52 cr | -29.0% |
| 2023-05 | ₹60 cr | -57.0% |
| 2023-04 | ₹60 cr | -57.0% |
| 2023-03 | ₹60 cr | -57.0% |
| 2023-02 | ₹60 cr | -57.0% |
| 2023-01 | ₹60 cr | -57.0% |
| 2022-12 | ₹60 cr | -57.0% |
| 2022-11 | ₹60 cr | -57.0% |
| 2022-10 | ₹60 cr | -57.0% |
| 2022-09 | ₹60 cr | -57.0% |
| 2022-08 | ₹60 cr | -57.0% |
| 2022-07 | ₹60 cr | -57.0% |
| 2022-06 | ₹60 cr | -57.0% |
| 2022-05 | ₹54 cr | -40.0% |
| 2022-04 | ₹54 cr | -40.0% |
| 2022-03 | ₹54 cr | -40.0% |
| 2022-02 | ₹54 cr | -40.0% |
| 2022-01 | ₹54 cr | -40.0% |
| 2021-12 | ₹54 cr | -40.0% |
| 2021-11 | ₹54 cr | -40.0% |
| 2021-10 | ₹54 cr | -40.0% |
| 2021-09 | ₹54 cr | -40.0% |
| 2021-08 | ₹54 cr | -40.0% |
| 2021-07 | ₹54 cr | -40.0% |
| 2021-06 | ₹54 cr | -40.0% |
| 2021-05 | ₹33 cr | -57.0% |
| 2021-04 | ₹33 cr | -57.0% |
| 2021-03 | ₹33 cr | -57.0% |
| 2021-02 | ₹33 cr | -57.0% |
| 2021-01 | ₹33 cr | -57.0% |
| 2020-12 | ₹33 cr | -57.0% |
| 2020-11 | ₹33 cr | -57.0% |
| 2020-10 | ₹33 cr | -57.0% |
| 2020-09 | ₹33 cr | -57.0% |
| 2020-08 | ₹33 cr | -57.0% |
| 2020-07 | ₹33 cr | -57.0% |
| 2020-06 | ₹33 cr | -57.0% |
| 2020-05 | ₹48 cr | -36.0% |
| 2020-04 | ₹48 cr | -36.0% |
| 2020-03 | ₹48 cr | -36.0% |
| 2020-02 | ₹48 cr | -36.0% |
| 2020-01 | ₹48 cr | -36.0% |
| 2019-12 | ₹48 cr | -36.0% |
| 2019-11 | ₹48 cr | -36.0% |
| 2019-10 | ₹48 cr | -36.0% |
| 2019-09 | ₹48 cr | -36.0% |
| 2019-08 | ₹48 cr | -36.0% |
| 2019-07 | ₹48 cr | -36.0% |
| 2019-06 | ₹48 cr | -36.0% |
| 2019-05 | ₹34 cr | -26.0% |
| 2019-04 | ₹34 cr | -26.0% |
| 2019-03 | ₹34 cr | -26.0% |
| 2019-02 | ₹34 cr | -26.0% |
| 2019-01 | ₹34 cr | -26.0% |