NSE: 3BBLACKBIO · BSE: 532067 · ISIN INE994E01018
3B Blackbio Dx Limited stock analysis
3B Blackbio Dx Limited ranks #144 in the TickerSutra evidence-ranked universe with a score of 71/100 and 95% data confidence. The latest captured fundamentals show ROCE of 25.5%, quarterly sales growth of 50.6% and quarterly profit growth of -24.3%.Watchlist candidate
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 25.5%
- Low debt/equity of 0.01×
- Strong CFO/EBITDA of 0.91×
- 31.8% three-year sales CAGR
- No promoter shares are reported as pledged
Risks and constraints
- Operating margin has compressed materially
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹81cr | ₹37cr | ₹32cr | 46.0% |
| 2023 | ₹62cr | ₹29cr | ₹26cr | 47.0% |
| 2024 | ₹74cr | ₹33cr | ₹32cr | 44.0% |
| 2025 | ₹96cr | ₹50cr | ₹48cr | 52.0% |
| 2026 | ₹142cr | ₹57cr | ₹60cr | 40.0% |
| TTM | ₹153cr | ₹53cr | ₹56cr | 35.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Outcome of AGM
Routine3B BlackBio Dx Ltd - 532067 - Closure of Trading WindowBSE · 25 Sept 2026Closure of Trading Window
Routine3B BlackBio Dx Ltd - 532067 - Announcement under Regulation 30 (LODR)-Newspaper PublicationBSE · 18 Sept 2026Special Window for Re-lodgement of Transfer Requests of Physical shares
MANAGEMENT COMMENTARY
Signals from filed documents
TRUPCR® continues to strengthen its presence in international markets, with products reaching more than 70 countries and over 200 customers across Europe, the Middle East, Asia-Pacific, Latin America, Africa and North America. During FY 2025 26, our export business maintained its growth momentum, supported by increasing business from existing markets, expansion of our distribution network, new product registrations,
However, the total sales for the Molecular Diagnostics division was 13,111.81 Lakh in FY 2025-26 against 8,428.25 Lakh in FY 2024-25 (including sales from the UK subsidiary - TRUPCR® Europe Limited and Belgium subsidiary Coris BioConcept SRL). TRUPCR® continues to strengthen its presence in international markets, with products reaching more than 70 countries and over 200 customers across Europe, the Middle East, Asia
The rapid diagnostics business also progressed further, with Antimicrobial Resistance (AMR) becoming an important area of focus. 3B BLACKBIO DX LIMITED CIN: L24211MP1972PLC001131 27 Going forward, the Company will remain focused on new market expansion, deeper penetration in existing markets, regulatory approvals and development of new products. With a growing international customer base, broad diagnostic portfolio a
Strong domestic demand, continued investment and policy support helped sustain economic activity across sectors. This stable macroeconomic environment provided a favorable backdrop for businesses to pursue growth, expand capacity and invest in new opportunities. Demand for agrochemicals remains closely linked to cropping patterns, monsoon conditions, pest incidence and farmer economics.
Internationally, exports, new geographic registrations and increasing penetration of existing markets remain important growth drivers. Progress towards IVDR certification will support continued access to European markets and strengthen the regulatory positioning of the TRUPCR® portfolio. TRUPCR® Europe provides an established base for serving European customers with faster delivery and local technical support.
During FY 2025 26, uneven and prolonged monsoon conditions in certain regions affected the timing of crop protection applications and resulted in variability in demand. The sector also faced competitive pricing and the impact of geopolitical tensions and global supply-chain disruptions. The Agrochemicals Divisi Lakh in FY 2025 akh in FY 2024 25.
Molecular diagnostic is a very small percentage of the entire diagnostic. That is the reason why we command higher margin profitability. But overall, if we say Indian market is say around between INR500 crores to INR600 crores, we are now almost, you can say, 15% approximately which is a very high footprint.
So if you see standalone last year versus this year, so there is a growth of around 7.1% on the standalone non-export revenue. And if we include the export growth of say 25 % odd, we reach a growth of consolidated growth of 10 %. So we started mainly with the Indian market way back in 2015.
Analyst/Investor Meets: The Managing Director has conference calls with institutional investors and analysts. Presentations made to institutional investors and analysts are uploaded on BSE through its respective portal. Details of Compliance with mandatory requirements: The Company has complied with all applicable mandatory requirements of Corporate Governance as specified in Regulations 17 to 27 read with Schedule V
Now we have a good grip of the NGS assays, however, commercialization is challenging as the field is highly competitive and labs try to make their own kits (homebrew) which is an old methodology and used in PCR as well. TRUNGS® is focussed on very niche products in this segment, hence, we do not expect major high growth / revenue from NGS immediately, however, it will be gradual. In FY 2024- tumors such as lung, gast
So now we can say that we have been able to have the tie -ups with the labs who have to do the clinical trial. We are confident about the product, so the clin ical trial also is a process. Then comes submission of documentation to FDA, they reviewing it.
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
DIRECTOR & BUSINESS NETWORK
Loading corporate intelligence
Loading universe coverage and exchange-backed evidence…