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Aster DM Healthcare

₹678.1 4.7 | 0.7%

Market Cap ₹35134 Cr.

Stock P/E 104.4

P/B 7.8

Current Price ₹678.1

Book Value ₹ 87.5

Face Value 10

52W High ₹732

Dividend Yield 18.14%

52W Low ₹ 386.2

Overview Inc. Year: 2008Industry: Hospital & Healthcare Services

Aster DM Healthcare Ltd is an primarily India based healthcare service provider. The Company operates in various segments of the healthcare enterprise, which consist of hospitals, clinics and retail pharmacies, and gives healthcare services to patients throughout economic segments in diverse gulf corporation council (GCC) states thru its various manufacturers, consisting of Aster, Medcare and Access. The Company's segments include Hospitals and Others. The Hospitals segment includes its hospitals and in-residence pharmacies at the hospitals. The Others segment includes the consultancy department, which provide healthcare consultancy. Its hospitals and clinics offer secondary and tertiary healthcare offerings to patients. In addition, it provide core medical, surgical and emergency services. Its hospitals additionally offer healthcare in numerous specialities, consisting of radiology, ophthalmology, orthopaedics and diverse care services.

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Aster DM Healthcare Share Price

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Aster DM Healthcare Quarterly Results

#(Fig in Cr.) Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Net Sales 841 929 955 974 1002 1086 1050 1000 1078 1197
Other Income 8 4 9 4 49 35 33 31 33 28
Total Income 849 933 964 978 1051 1122 1083 1032 1111 1225
Total Expenditure 719 784 803 814 838 867 861 808 871 947
Operating Profit 130 149 161 163 212 255 222 223 241 278
Interest 25 30 25 30 29 31 31 32 31 31
Depreciation 51 54 57 58 60 62 62 64 63 66
Exceptional Income / Expenses 0 0 0 0 0 0 -24 -26 -4 -0
Profit Before Tax 54 64 79 75 123 161 105 101 142 181
Provision for Tax 6 8 11 31 39 53 37 5 43 46
Profit After Tax 48 56 68 45 84 108 68 96 99 135
Adjustments -43 -87 111 -69 5061 -12 -11 -17 -14 -25
Profit After Adjustments 5 -31 179 -24 5145 97 57 79 86 110
Adjusted Earnings Per Share 0.1 -0.6 3.6 -0.5 103 1.9 1.1 1.6 1.7 2.1

Aster DM Healthcare Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 3876 5250 5931 6721 7963 8652 8608 10253 2994 3699 4138 4325
Other Income 23 25 37 45 35 38 50 51 37 25 148 125
Total Income 3899 5275 5968 6767 7997 8690 8658 10304 3031 3724 4287 4451
Total Expenditure 3358 4789 5582 6089 7074 7363 7506 8720 2536 3112 3365 3487
Operating Profit 541 486 386 678 924 1327 1153 1584 495 612 922 964
Interest 91 205 371 204 205 391 334 307 96 119 133 125
Depreciation 144 243 322 298 306 586 618 641 192 220 249 255
Exceptional Income / Expenses 0 0 416 130 -2 -20 0 0 0 0 -50 -54
Profit Before Tax 306 38 108 308 410 330 205 637 195 261 471 529
Provision for Tax 34 29 11 26 43 15 27 36 36 57 134 131
Profit After Tax 272 8 98 282 367 315 178 601 160 205 337 398
Adjustments -139 -67 4 -13 -34 -38 -30 -75 265 -75 5041 -67
Profit After Adjustments 133 -59 102 269 333 277 148 526 425 129 5378 332
Adjusted Earnings Per Share 3.4 -1.5 2.5 5.3 6.6 5.6 3 10.5 8.5 2.6 107.7 6.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 12% -26% -14% 1%
Operating Profit CAGR 51% -17% -7% 5%
PAT CAGR 64% -18% 1% 2%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 58% 43% 34% NA%
ROE Average 9% 6% 8% 9%
ROCE Average 11% 7% 9% 10%

Aster DM Healthcare Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1484 420 1875 2832 3214 3272 3372 3953 4448 4560 3428
Minority's Interest 762 177 375 358 466 446 462 529 412 470 223
Borrowings 612 2577 1891 1578 1966 1892 1755 1466 1312 446 484
Other Non-Current Liabilities 312 602 462 488 615 3072 2835 3014 4008 1218 1586
Total Current Liabilities 1239 1967 2201 2224 2668 3722 3196 3559 4655 5831 879
Total Liabilities 4409 5743 6804 7479 8928 12405 11620 12521 14836 17983 6600
Fixed Assets 2237 2507 3520 3738 4289 7124 6749 7009 9052 3175 3920
Other Non-Current Assets 372 730 812 872 1023 1186 1242 1416 862 642 779
Total Current Assets 1801 2506 2472 2869 3617 4096 3629 4096 4922 7312 1901
Total Assets 4409 5743 6804 7479 8928 12405 11620 12521 14836 17983 6600

Aster DM Healthcare Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 248 248 253 131 192 225 115 235 299 365 82
Cash Flow from Operating Activities 236 203 361 537 601 1223 1569 1314 1834 158 425
Cash Flow from Investing Activities -448 -786 -1153 -523 -709 -667 -330 -570 -972 -885 6015
Cash Flow from Financing Activities 203 578 654 46 134 -675 -1116 -686 -817 1053 -6358
Net Cash Inflow / Outflow -10 -5 -138 61 26 -119 123 58 45 326 82
Closing Cash & Cash Equivalent 248 253 131 192 225 115 235 299 365 697 165

Aster DM Healthcare Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 3.41 -1.46 2.52 5.32 6.59 5.57 2.97 10.53 8.51 2.59 107.66
CEPS(Rs) 10.71 6.23 10.42 11.47 13.34 18.13 16 24.86 7.04 8.5 11.72
DPS(Rs) 0 0.04 0 0 0 0 0 0 0 2 123
Book NAV/Share(Rs) 38.19 10.41 46.51 56.06 63.61 65.86 67.85 79.14 81.42 83.63 60.96
Core EBITDA Margin(%) 13.36 8.79 5.89 9.41 11.16 14.9 12.81 14.95 15.29 15.86 18.69
EBIT Margin(%) 10.25 4.62 8.08 7.62 7.73 8.33 6.26 9.2 9.73 10.28 14.59
Pre Tax Margin(%) 7.9 0.72 1.83 4.58 5.15 3.81 2.38 6.21 6.53 7.06 11.38
PAT Margin (%) 7.02 0.16 1.64 4.19 4.61 3.64 2.07 5.86 5.33 5.53 8.14
Cash Profit Margin (%) 10.73 4.79 7.08 8.62 8.46 10.41 9.24 12.11 11.74 11.48 14.15
ROA(%) 6.17 0.16 1.55 3.94 4.48 2.95 1.48 4.98 1.17 1.25 2.74
ROE(%) 18.33 0.86 8.5 11.97 12.15 9.7 5.35 16.41 3.98 4.97 9.32
ROCE(%) 15.42 7.69 11.45 10.43 11 11.77 9.03 15.96 4.52 5.76 11.46
Receivable days 83.28 77.4 80.92 76.95 81.94 92.71 92.97 71.9 265.57 235.68 118.99
Inventory Days 29.27 25.08 28.81 31.3 31.15 35.71 38.37 33.37 142.1 144.94 76.04
Payable days 129.14 126.99 143.07 144.32 140.26 224.56 296.26 261.62 1195.85 1279.99 751.14
PER(x) 0 0 0 31.42 23.44 17.14 46.19 18.69 28.39 158.09 4.5
Price/Book(x) 0 0 0 2.98 2.43 1.45 2.02 2.49 2.97 4.89 7.95
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0.49 25.37
EV/Net Sales(x) 0.3 0.66 0.51 1.56 1.29 0.87 1.03 1.14 4.78 5.45 5.76
EV/Core EBITDA(x) 2.17 7.11 7.79 15.49 11.1 5.68 7.68 7.35 28.9 32.98 25.88
Net Sales Growth(%) 0 35.45 12.98 13.32 18.47 8.65 -0.5 19.11 -70.8 23.54 11.88
EBIT Growth(%) 0 -38.88 97.47 6.81 20.2 17.15 -25.28 76.35 -69.12 30.48 58.76
PAT Growth(%) 0 -96.98 1087.82 188.82 30.4 -14.33 -43.49 244.82 -73.45 28.25 64.5
EPS Growth(%) 0 -142.88 272.36 110.88 23.89 -15.55 -46.61 254.26 -19.22 -69.57 4059.81
Debt/Equity(x) 0.73 7.91 1.47 0.83 0.87 0.91 0.68 0.55 0.52 0.42 0.19
Current Ratio(x) 1.45 1.27 1.12 1.29 1.36 1.1 1.14 1.15 1.06 1.25 2.16
Quick Ratio(x) 1.2 1.07 0.89 1.01 1.08 0.85 0.88 0.87 0.78 0.97 2.06
Interest Cover(x) 4.37 1.18 1.29 2.51 3 1.84 1.61 3.08 3.04 3.19 4.55
Total Debt/Mcap(x) 0 0 0 0.28 0.36 0.62 0.34 0.22 0.19 0.09 0.03

Aster DM Healthcare Shareholding Pattern

# Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Promoter 41.88 41.88 41.88 41.88 41.88 41.88 41.88 41.89 40.39 40.39
FII 38.81 40.21 41 33.48 27.08 23.85 22.62 21.66 19.64 18.72
DII 8.63 7.64 7.15 13.7 16.35 20.91 22.91 24.58 25.28 26.32
Public 10.68 10.26 9.97 10.94 14.69 13.36 12.59 11.86 14.69 14.56
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is providing a good dividend yield of 18.14 %.
  • Debtor days have improved from 1279.99 to 751.14days.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 40.39%.
  • Company has a low return on equity of 6% over the last 3 years.
  • Stock is trading at 7.8 times its book value.
  • The company has delivered a poor profit growth of 1% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Aster DM Healthcare News

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