Jagdish Umakant Nayak, 57, the founding promoter and director since the company's inception, was redesignated as Chairman and Managing Director on September 30, 2023. A graduate in microbiology from the University of Bombay (1987) with a Diploma in Medical Laboratory Technology from Somaiya Vidyavihar (1989), he has over 30 years of experience in diagnostic healthcare. At Clinitech, he formulates business growth strategies, maintains customer relationships, markets products and services, oversees daily operations, and leads new product development to address customer health issues. Jyoti Jagdish Nayak, 53, the founding promoter and director since the company's inception, was redesignated as Whole Time Director on September 30, 2023. She graduated in microbiology from the University of Bombay (1991), earned a Post Graduate Diploma in Medical Laboratory Technology from the Board of Technical Education, Maharashtra State (1993), and completed a master's in microbiology from Apex Professional University, Arunachal Pradesh (2018). With over 30 years of experience in diagnostic healthcare, she manages diagnostic centers and oversees the day-to-day operations at Clinitech. Ashutosh Jagdish Nayak, aged 26 years is the director on the board of the Company since 2022 and is redesignated as Non-Executive Director w.e.f. September 30, 2023. He is a MBBS Bachelor of Medicine, Bachelor of Surgery from Maharashtra University of Health Sciences. He has around 2 years of experience with multi specialty hospitals in the field of patient treatment. At Clinitech, he is currently responsible as Public Relationship Officer explaining reports etc. to patients.

Name of the Companies	Revenue (Cr)	Profit (Cr)	EPS	P/E	CMP	Mcap
Clinitech Laboratory Limited	6.4	0.37	1.62	59	96	21.9
Dr Lal Pathlabs Ltd.	2227	362	42.85	71	3042	25394
Thyrocare Technologies Ltd.	524	98	13.43	50	476	3952
Krsnaa Diagnostics Ltd.	590	59	18.14	37.5	680	2197

*All the data is as per FY24

Review and Recommendation of Clinitech Laboratory by team IZ is 3/10. 1. Clinitech Laboratory Limited is a premier provider of diagnostic and healthcare tests and services, operating through a network of eight diagnostic centers located in and around Thane and Navi Mumbai. Their extensive experience and commitment to quality have established us as a trusted name in the industry. 2. Extensive Testing Capabilities They conduct over 300,000 tests annually in their state-of-the-art labs, which are accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL). Their labs are equipped with the latest technology and high-end equipment, enabling them to provide accurate and timely results to their clients. 3. Range of Services Their diagnostic centers offer a wide array of over 150 tests, categorized under various specialized areas: i. Biochemistry Tests                       ii. Immunology Tests                  iii. Hematology Tests iv. Molecular Biology Tests             v. Serology Tests                         vi. Microbiology Tests vii. Histopathology Tests 4. Competition They operate in a highly competitive market where the primary factors of competition include the quality of service, timely delivery, and pricing. 5. The Revenue has Increased from Rs.6.3 Crores in FY22 to Rs.6.4 Crores in FY24. 6. The EBITDA has Decreased from 1 Crores in FY22 to 98 Lakhs in FY24. 7. The PAT has Decreased from 51 Lakhs in FY22 to 37 Lakhs in FY24. 8. As per FY24, CFO/EBITDA is 1.07, and EPS is 1.62, 9. Market Capitalization is 22 Crores and P/E is 59.02x based on FY24.

Clinitech Laboratory Limited AL-1/545, Sector 16, Airoli Opposite Radhikabai Meghe Vidyalaya Navi Mumbai, Thane - 400708, Phone: +91 22 27792281 Email: ipo@clinitechlab.com Website: https://clinitechlab.com/