VIJAYA
Vijaya Diagnostic Centre Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
VIJAYA
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹1,344 today
BEAR
₹1,021
-24%
30.7% a year · 46.5x exit
BASE
₹1,384
+3%
53.1% a year · 53.8x exit
BULL
₹1,872
+39%
72.2% a year · 64.7x exit
Where the market has priced it
41x80x today — outside the range70x
- at 80x its FY26 earnings the stock already trades above the top of its own ten-year range (65x)
- this company's own median multiple sits 57% above its filed-industry peers; the scenario uses its own
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹16.81 (screener) |
|---|---|
| Guided growth | 53.1% a year, said on the call of 13-May-2026 · transcript |
| Read across as | operating: guided margin x own realised revenue CAGR — medium confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 46.45x / 53.76x / 64.69x, this company’s own p20 / median / p80 across 5 filed years |
| Filed-industry peers | median 34.27x across 6 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)1 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from a third-party research digest · not our own extraction
margin 40%
Having said that, I think going forward, because of you can say, we would be slightly conservative in giving our margin guidance of 40%.
Call 13-May-2026 · bridge confidence medium · transcript PDF