What we do Invicta Diagnostic Limited is a Mumbai-based diagnostic chain offering comprehensive pathology and radiology services through multiple centers and a central lab in the Mumbai Metropolitan Region. |
Founded in 2,021 |
Market share Key player in Mumbai Metropolitan Region's integrated diagnostics market with expanding network via acquisitions and organic growth. |
Problem solved Provides accessible, high-quality diagnostic solutions reducing turnaround time and consolidating pathology and radiology services under one brand. |
Top clients or who we serve Serving individual patients in Mumbai Metropolitan Region; operates primarily as a B2C healthcare diagnostics provider. |
Key management Dr. Ketan Jayantilal Jain and Dr. Sanket Vinod Jain, founders and radiologists, lead operational vision; Rohit Prakash Srivastava manages finance and strategy. |
Our journey and innovations Founded in 2021; expanded rapidly via acquisitions of PCD Diagnostics, Primacare Healthcare, and others; launched IPO in 2025 to fuel growth. |
Where we operate Mumbai Metropolitan Region, Maharashtra, India. |
Top products or what we offer Wide test menu including PET CT, MRI, CT Scans, Sonography, X-Ray, and extensive pathology tests. |
Top brands PC Diagnostics brand known for integrated diagnostics combining advanced radiology and pathology services. |
Raw materials needed Clinical reagents, radiology consumables, medical-grade imaging supplies. |
Raw materials supplier Partnership with reputed suppliers and larger reference labs for high-end tests. |
Recurring vs cyclical contribution Revenue mostly recurring from diagnostic testing services with steady demand in healthcare. |
Our industry position Emerging diagnostics chain with growing footprint in Mumbai region; leveraging acquisitions for market penetration. |
Financial highlights FY24 revenue Rs. 349.63 lakhs standalone; Rs. 799.45 lakhs consolidated; net profit Rs. 240.02 lakhs standalone; Rs. 268.87 lakhs consolidated. |
Geographical revenue split Revenue primarily from Mumbai Metropolitan Region; no significant international revenue. |
Order book - |
Whats driving growth Expanding diagnostics network, onboarding advanced tests, strategic acquisitions, and rising healthcare awareness. |
Our future plans Further store expansions, centralized lab capacity enhancement, and strengthening brand presence in Mumbai. |
Our green promise Focus on energy-efficient equipment and minimal energy-intensive operations; energy conservation initiatives ongoing. |
Our people and values Led by experienced radiologists; emphasis on ethical care, employee safety, and harassment-free workplace. |
Key challenges ahead Competitive healthcare market, regulatory compliance, scaling operations efficiently, and technological advancements. |
Interesting facts First Mumbai MMR diagnostic chain integrating PET CT along with pathology from inception; rapid growth since 2021. |
Risks and strategy Regulatory risks mitigated by compliance controls; competition countered by quality service and network expansion. |