Hitech Diagnostic Centre

Hitech Diagnostic Centre Established in 1986, runs 31 laboratories including three NABL and ICMR accredited laboratories and 68 collection centres strategically spread across the states of Tamil Nadu, Karnataka, Kerala, Andhra Pradesh, and the Union Territory of Pondicherry. Hitech is the second-largest player in Chennai behind Metropolis and is a leader in non-Chennai markets in the state of Tamil Nadu. Hitech caters to the mid-segment of the market and has a large B2C footprint. The Brand has a strong recall in the diagnostics industry in all its end markets. It has a test menu of more than 1,100 tests ranging from routine to highly impenetrable molecular & genetic assays. In FY20, 59% of the test menu was focused on blood biochemistry and endocrinology. The company's revenue for FY20 stood at Rs 83.3 crore with an EBITDA margin profile similar to Metropolis.