Diagnex
Investment and Returns

What it costs, and what the business can return.

There are two operating models, and the investment differs between them. Here is what each one is, what it costs, and how to work through the numbers for your own market.

Two models. They are different businesses.

Before any number makes sense, the choice between the two models has to be clear — because they serve different patients, at different prices, and the vehicle is the smallest part of the difference.

Model one

Home

Treatment is delivered in the patient’s own home. The partner owns no vehicle: the machine is moved by hired ambulance as and when a session requires it.

  • Highest price per session — a dedicated setup in the patient’s home
  • One machine for each patient under ongoing care
  • Lowest entry cost — no vehicle, portable RO unit
₹36 Lakhs*indicative entry · Tier A
Model two

Home + Wheels

Everything in the Home model, plus a fitted mobile unit. Dialysis on wheels serves several patients a day on a route — reaching families a fixed home setup cannot practically serve.

  • Lower price per session, materially higher throughput
  • One mobile machine serves up to seven patients
  • Carries its own fixed costs — drivers, nursing, upkeep
₹55 Lakhs*indicative entry · Tier A

* Indicative entry investment for a Tier A territory at a single dialysis machine. Both models scale with the number of patients under ongoing care, because each patient on home treatment needs a machine of their own. The calculator below works this through for your own numbers.

Why the per-session prices differ. The two models are priced differently because they are different services, not because one is a discount on the other. A home session is a dedicated setup in a single family’s home. A wheels session is delivered from a shared mobile unit running a route. The economics of each rest on throughput as much as on price.

Territory tiers and what each one takes.

The franchise fee scales with the size and price level of the market. Royalty is a flat twelve per cent of territory revenue across all tiers. The figures below are the Home model at entry — one machine, one territory.

TierFranchise feeOther investmentsWorking capital Total investmentRoyaltyIndicative home price / session
Tier A — Metro ₹15,00,000 ₹14,00,880 ₹7,00,000 ₹36,00,880 12% ₹7,000
Tier B — Large city ₹12,00,000 ₹14,00,880 ₹7,00,000 ₹33,00,880 12% ₹5,500–6,500
Tier C — Tier 2 / 3 ₹9,00,000 ₹14,00,880 ₹7,00,000 ₹30,00,880 12% ₹4,500–5,500

Other investments covers the dialysis machine, the portable RO unit, opening consumables inventory, office setup and IT, and licences, registration and legal. Working capital is three months’ operating cover and stays in the partner’s own account. Choosing Home + Wheels adds the fitted mobile unit and its vehicle RO — approximately ₹18.9 lakh above the Home figure at entry. The franchise fee is fixed within each tier and is not negotiated territory by territory.

Confidential · access required

The line-by-line investment and the calculator.

The full breakdown for both models, the investment calculator and the working economics are released to identified applicants who accept our confidentiality terms. It takes a moment, and it is read by a person.

Please complete every field and accept the confidentiality terms.

Figures released here are illustrations prepared from the operating data of Diagnex’s existing home haemodialysis operations. They are not projections, forecasts or guarantees of return. The Information Memorandum is sent by the team and is never a public download.

Access granted. These figures are shared in confidence.

The investment, line by line.

Shown at entry — a Tier A territory running a single machine. The franchise fee is one part of the total; the remainder is the partner’s own operating asset, which stays on the partner’s books.

ItemHomeHome + WheelsPaid to
Franchise fee — Tier A₹15,00,000₹15,00,000Diagnex
Dialysis machine (Fresenius 4008S) — per machine₹7,40,880₹7,40,880Diagnex
RO unit — portable (Home) / vehicle-fitted (Wheels)₹60,000₹1,50,000Third party
Ambulance, fitted as a mobile unit₹18,00,000Third party
Opening consumables inventory₹3,00,000₹3,00,000Diagnex
Office setup, IT and furniture₹2,00,000₹2,00,000Third party
Licences, registration and legal₹1,00,000₹1,00,000Third party
Working capital (three months)₹7,00,000₹7,00,000Own account
Total at entry₹36,00,880₹54,90,880

The machine is the line that moves. Every patient under ongoing home treatment needs a machine of their own, so the machine line multiplies as the patient list grows. On wheels, one machine serves up to seven patients before a second is required. Everything else in the table above is a one-time setup cost. The calculator below shows what that means at your own patient numbers.

Work it through for your market.

Two calculators, one for each model. Set the tier and your patient numbers, and the machine count and capital requirement follow.

Treatment in the patient’s own home. No vehicle is purchased — the machine travels by hired ambulance when a session requires it. Each patient under ongoing care needs a machine of their own.
Patients under ongoing care. Drives the machine count directly.
Portable units travel with the technician. Add more if each home needs its own.
Franchise fee
Dialysis machines
Portable RO unit
Opening consumables inventory₹3,00,000
Office setup, IT and furniture₹2,00,000
Licences, registration and legal₹1,00,000
Working capital (three months)₹7,00,000
Capital required

Illustrative monthly revenue at these assumptions

Gross revenue only, at the capacity you have set. This is not profit: consumables, staffing, clinical supervision, transport and running costs are not deducted here.

Home sessions
Royalty to Diagnex (12% of territory revenue)
Gross revenue, monthly
Home treatment plus a fitted mobile unit running a route. One mobile machine serves up to seven wheels patients — an eighth patient requires a second machine. Home patients inside this model follow the same one-machine-per-patient rule.
One machine per seven patients.
One machine each, as in the Home model.
A second mobile machine would normally need a second fitted vehicle — set this to match.
Indicative range ₹3,500–4,500.
Franchise fee
Wheels machines
Home machines
Vehicle-fitted RO units
Fitted mobile units
Opening consumables inventory₹3,00,000
Office setup, IT and furniture₹2,00,000
Licences, registration and legal₹1,00,000
Working capital (three months)₹7,00,000
Capital required

Illustrative monthly revenue at these assumptions

Gross revenue only, at the capacity you have set. This is not profit: consumables, staffing, clinical supervision, fuel and vehicle upkeep are not deducted here.

Wheels sessions
Home sessions
Royalty to Diagnex (12% of territory revenue)
Wheels fixed staffing (2 drivers + 1 nurse), per unit
Gross revenue, monthly

The calculators model capital and gross revenue only. They deliberately do not show profit, payback or return, because those depend on cost lines that are set territory by territory and are reviewed with you directly rather than estimated on a web page.

What drives the return.

01

Consumables margin

The group supply position leaves a durable per-session margin that an independent operator cannot match — on genuine, quality-assured stock. Across a full patient load, this is the largest single driver of the territory’s economics.

02

Recurring, not one-off

A dialysis patient needs treatment two to three times a week, often indefinitely. Revenue is recurring and predictable once a patient is established, not transactional.

03

Asset utilisation

A machine earning across several sessions a day returns more than the same machine used once. This is the whole argument for the wheels model, and the reason a lower price per session is not a weaker business.

04

Owner economics

Because the partner owns and runs the operation rather than franchising a dispatch service, more of the value created in the territory stays with the operator.

On the numbers. Every figure here is an illustration prepared from the operating data of Diagnex’s existing home haemodialysis operations. It is not a projection, forecast or guarantee of return, and it is not a representation of what any territory will earn. The full financial model, including slower-ramp scenarios, is shared during the discovery stage under confidentiality.

Want the full financial model?

The complete model — every assumption, every scenario — is walked through with serious applicants during discovery.

Applications open · 2026

The numbers hold. The territory is the constraint.

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