Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹246 Cr.
Stock P/E
75.2
P/B
2.4
Current Price
₹105
Book Value
₹ 44.1
Face Value
10
52W High
₹107
52W Low
₹ 59
Dividend Yield
0%

Aashka Hospitals Overview

Business

Aashka Hospitals Ltd. operates within the Hospital & Healthcare Services sector in India. The company's core business involves providing multi-specialty healthcare services through its hospital facilities. This typically includes a range of medical, surgical, diagnostic, and emergency services. The business model revolves around generating revenue from patient care, including consultations, surgeries, procedures, diagnostic tests, pharmacy sales, and inpatient room charges.

Revenue Mix

Without specific financial data for Aashka Hospitals, typical revenue segments for a multi-specialty hospital include:

Inpatient Services: Revenue from patients admitted for treatments, surgeries, and longer stays.

Outpatient Services: Income from doctor consultations, routine check-ups, and minor procedures.

Diagnostics: Revenue from laboratory tests, radiology, and other diagnostic imaging services.

Pharmacy: Sales of medicines and medical supplies to patients.

Other Services: Potentially includes health check-up packages, medical tourism services, and corporate tie-ups.

Specific contribution percentages for these segments are not publicly available in the provided information.

Industry

The Indian Hospital & Healthcare Services industry is large, growing, and highly fragmented, comprising both public and private players. It's characterized by a mix of large corporate hospital chains, regional multi-specialty hospitals, single-specialty clinics, and government-run facilities. Aashka Hospitals, as a listed entity (AASHKA), likely operates as a regional multi-specialty hospital chain or a significant standalone hospital. Its positioning would be against larger national chains (e.g., Apollo, Fortis, Max) and numerous other regional and local hospitals, competing on factors like reputation, specialty offerings, doctor talent, infrastructure, and pricing.

MOAT

Aashka Hospitals' potential competitive advantages could include:

Local Brand Reputation: A strong brand and trusted reputation within its specific geographical operating areas can create patient loyalty and referrals.

Doctor Talent: A stable and highly-regarded team of specialist doctors can attract patients and enhance the hospital's clinical outcomes and reputation.

Specialized Infrastructure: Investments in advanced medical equipment and specialized treatment units can differentiate it from general hospitals.

Patient Referral Network: Strong relationships with local practitioners and clinics can provide a steady stream of patients.

Switching Costs: While not high, patients who have established a relationship with doctors or a hospital, especially for chronic conditions, may face some inconvenience in switching providers. However, hospitals generally have weaker moats compared to other industries.

Growth Drivers

Key factors that can drive growth for Aashka Hospitals over the next 3-5 years include:

Rising Healthcare Expenditure: Increasing disposable incomes and greater health awareness among the Indian population.

Demographic Shifts: A growing and aging population leading to higher demand for healthcare services.

Prevalence of Lifestyle Diseases: A rise in non-communicable diseases (e.g., diabetes, heart conditions) requiring ongoing medical care.

Medical Tourism: India's growing appeal as a destination for affordable and quality medical treatment for international patients.

Government Initiatives: Schemes like Ayushman Bharat (Pradhan Mantri Jan Arogya Yojana) expanding health insurance coverage, driving demand for private healthcare.

Technological Advancements: Adoption of new medical technologies and procedures can expand service offerings and improve outcomes.

Risks

Key business risks for Aashka Hospitals include:

Intense Competition: Facing stiff competition from existing large hospital chains, new entrants, and regional players, leading to pricing pressures.

Doctor and Staff Retention: Shortage of skilled medical professionals and intense competition for talent can lead to higher staff costs and operational challenges.

Regulatory Changes: Evolving government regulations regarding pricing, quality standards, and ethical practices can impact profitability.

High Capital Expenditure: Hospitals require significant investment in infrastructure, medical equipment, and technology, leading to high fixed costs.

Medical Malpractice and Litigation: Risks associated with medical errors, leading to potential legal liabilities and reputational damage.

Public Health Crises: Pandemics or other widespread health emergencies can disrupt normal operations, strain resources, and impact elective procedures.

Management & Ownership

As an Indian listed company, Aashka Hospitals Ltd. is typically promoted and governed by a board of directors. Promoter groups often hold a significant stake and play a key role in strategic decision-making. Management quality can vary and is crucial for operational efficiency and growth. Specific details about the promoters, key management personnel, or ownership structure (e.g., institutional vs. public holdings) are not provided in the prompt.

Outlook

The outlook for Aashka Hospitals is a balanced blend of opportunities and challenges. The company operates in a fundamentally strong and growing Indian healthcare market, driven by favorable demographics, increasing awareness, and rising expenditure. This provides a clear runway for demand growth. However, the sector is also highly competitive, capital-intensive, and subject to evolving regulatory scrutiny. Success will depend on the company's ability to maintain high-quality medical services, attract and retain top medical talent, manage operational costs efficiently, expand strategically, and build a strong local brand reputation amidst fierce competition.

Aashka Hospitals Share Price

Live · BSE · Inception: 2012
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Aashka Hospitals Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Aashka Hospitals Profit & Loss

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 28 27 41 40 19 23 23
Other Income 0 0 0 0 3 4 3
Total Income 28 27 41 40 22 27 26
Total Expenditure 18 19 31 31 19 18 18
Operating Profit 10 9 10 9 3 9 8
Interest 6 5 3 3 3 3 2
Depreciation 3 3 3 3 3 3 3
Exceptional Income / Expenses 0 0 0 0 0 0 1
Profit Before Tax 1 1 4 3 -3 3 4
Provision for Tax 0 0 0 0 0 0 1
Profit After Tax 1 1 4 2 -3 2 3
Adjustments 0 0 0 0 0 0 0
Profit After Adjustments 1 1 4 2 -3 2 3
Adjusted Earnings Per Share 0 0 2.3 1 -1.1 1 1.4

Aashka Hospitals Balance Sheet

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 15 24 29 97 94 96 100
Minority's Interest 0 0 0 0 0 0 0
Borrowings 25 25 20 17 16 8 6
Other Non-Current Liabilities 1 1 1 1 1 1 1
Total Current Liabilities 13 10 15 15 17 16 10
Total Liabilities 54 60 65 129 128 121 116
Fixed Assets 46 44 49 48 45 43 41
Other Non-Current Assets 0 0 2 68 69 68 63
Total Current Assets 7 16 14 12 14 10 13
Total Assets 54 60 65 129 128 121 116

Aashka Hospitals Cash Flow

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 1 4 3 1 3 2
Cash Flow from Operating Activities 10 -1 15 -63 1 7 9
Cash Flow from Investing Activities -0 -0 -8 -2 -0 -1 -1
Cash Flow from Financing Activities -9 4 -8 63 1 -8 -7
Net Cash Inflow / Outflow 1 3 -1 -2 2 -1 1
Closing Cash & Cash Equivalent 1 4 3 1 3 2 3

Aashka Hospitals Ratios

# Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0 0 2.29 1.01 -1.1 1.01 1.4
CEPS(Rs) 2.27 2.2 3.73 2.25 0.16 2.26 2.66
DPS(Rs) 0 0 0 0 0 0 0
Book NAV/Share(Rs) 0 0 16.25 41.32 40.19 41.2 42.6
Core EBITDA Margin(%) 34.38 31.58 24.49 21.57 1.86 19.5 18.88
EBIT Margin(%) 25.41 22.26 18.09 14.59 2.75 25.17 24.7
Pre Tax Margin(%) 4.93 5.06 10.11 7.15 -13.56 12.44 17.09
PAT Margin (%) 4.93 5.06 10.11 5.95 -13.56 10.31 14.42
Cash Profit Margin (%) 14.11 14.47 16.52 13.25 1.93 23.07 27.43
ROA(%) 2.52 2.42 6.58 2.44 -2 1.89 2.75
ROE(%) 8.87 6.97 15.4 3.76 -2.7 2.48 3.34
ROCE(%) 14.54 11.72 13.12 6.38 0.42 4.8 4.89
Receivable days 45.64 68.43 63.09 69.52 141.38 93.18 76.87
Inventory Days 6.13 7.37 5.28 5 9.11 6.18 6.22
Payable days 296.79 262.18 186.97 187.28 295.04 302.19 212.26
PER(x) 0 0 0 49.5 0 76.84 73.05
Price/Book(x) 0 0 0 1.21 1.05 1.88 2.4
Dividend Yield(%) 0 0 0 0 0 0 0
EV/Net Sales(x) 1.76 1.63 1.06 3.63 6.58 8.73 10.98
EV/Core EBITDA(x) 5.09 5.16 4.31 16.58 36.08 23 32.65
Net Sales Growth(%) 0 -1.58 49.44 -2.35 -52.32 20.74 -0.99
EBIT Growth(%) 0 -13.77 21.46 -21.22 -91 1003.22 -2.84
PAT Growth(%) 0 1.2 198.3 -42.51 -208.62 191.78 38.52
EPS Growth(%) 0 0 196.74 -55.71 -208.61 191.78 38.52
Debt/Equity(x) 2.15 1.28 0.95 0.29 0.31 0.21 0.13
Current Ratio(x) 0.57 1.59 0.91 0.82 0.8 0.65 1.29
Quick Ratio(x) 0.53 1.53 0.87 0.79 0.78 0.62 1.25
Interest Cover(x) 1.24 1.29 2.27 1.96 0.17 1.98 3.24
Total Debt/Mcap(x) 0 0 0 0.24 0.3 0.11 0.05

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% -17% -3% —
Operating Profit CAGR -11% -4% -2% —
PAT CAGR +50% +14% +25% —
Share Price CAGR +25% +19% +16% —
ROE Average +3% +1% +4% +5%
ROCE Average +5% +3% +6% +8%

Aashka Hospitals Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 61.33 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 38.67 %
# Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
Promoter 61.2861.2861.2861.2861.2861.2861.2861.2861.3361.33
FII 0000000000
DII 0000000000
Public 38.7238.7238.7238.7238.7238.7238.7238.7238.6738.67
Others 0000000000
Total 100100100100100100100100100100

Aashka Hospitals Peer Comparison

Hospital & Healthcare Services Edit Columns

Aashka Hospitals Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

See more…

Aashka Hospitals Pros & Cons

Pros

  • Company has delivered good profit growth of 24% CAGR over last 5 years
  • Debtor days have improved from 302.19 to 212.26days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 1% over the last 3 years.
Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

whatsapp