Aster DM Quality Care Limited

Aster DM Quality Care Limited

654.70
INR
+4.55
(+0.70%)
5.55EPS
160.87P/E
405.41BMarket Cap
Nov 05Next Earn
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
82.71
112.03
125.66
141.73
155.34
168.3
171.53
206.24
59.36
73.13
82
88.82
78.84
Basic EPS, GAAP
2.83
-1.26
2.2
5.75
6.63
5.51
2.97
10.58
8.54
2.6
107.99
7.53
4.88
Free Cash Flow per Basic Share
-3.87
-11.9
-12.34
0.38
0.46
14.24
23.05
15.41
19.83
-13.02
1.37
3.46
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
123.96
1.01
- -
Book Value per Share
29.38
8.31
37.12
56.06
63.61
65.51
67.51
79.51
89.43
91.6
68.81
88.52
- -
Tangible Book Value per Share
20.44
-1
22.22
40.76
44.48
39.77
41.45
52.04
58.72
85.67
62.9
82.9
- -
Basic Weighted Avg Shares
469
469
463
467
502
502
497
497
497
498
498
515
603
Sales/Revenue/Turnover
38,758
52,499
58,183
66,232
77,996
84,506
85,233
102,533
29,518
36,382
40,838
45,777
47,567
Operating Margin (%)
9.68
4.38
4.54
5.75
7.48
8.32
5.89
8.22
9
10.09
12.9
14.22
13.62
Depreciation Expense
1,440
2,430
3,224
2,977
3,065
5,859
6,176
6,406
7,804
9,878
2,547
2,863
2,674
Net Income, GAAP
1,327
-590
1,018
2,689
3,331
2,766
1,477
5,260
4,249
1,293
53,778
3,881
2,942
Effective Tax Rate (%)
11.15
78.18
10
8.47
10.47
4.66
13.27
5.62
18.35
21.64
28.53
25.03
30.33
Profit Margin (%)
3.42
-1.12
1.75
4.06
4.27
3.27
1.73
5.13
14.39
3.55
131.69
8.48
6.18
Working Capital
5,618
5,391
2,712
6,455
9,491
3,736
4,334
5,379
2,663
28,770
10,223
9,686
- -
LT Debt
5,045
10,622
18,905
15,779
19,657
43,416
40,297
39,393
44,667
11,365
18,293
20,473
- -
Total Equity
22,461
5,967
22,507
31,900
36,798
37,185
38,341
44,826
48,605
50,301
36,515
48,337
- -
Return on Invested Capital (%)
- -
1.97
11.87
8.59
9.3
8.89
5.29
9.6
2.34
3.56
5.66
7.31
- -
Return on Capital (%)
- -
-3.67
10.87
7.85
7.35
6.81
4.13
7.69
4.45
1.53
89.79
6.65
- -
Return on Common Equity (%)
- -
-6.2
8.87
11.42
11.02
8.53
4.45
14.36
10.12
2.87
134.65
9.7
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,724
- -
LT Borrowings
- -
5,584
- -
LT Finance Leases
- -
14,888
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
517
517
517
Market Capitalization
318,796
346,349
405,414

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
19,478
- -
Cash, Cash Equivalents & STI
- -
11,514
- -
Accounts Receivable, Net
- -
3,072
- -
Inventories
- -
912
- -
Total Current Liabilities
- -
9,792
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,724
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
37.23%
6.76%
32.38%
Free Cash Flow
286.91%
-23.9%
161.12%
Net Income, GAAP
398.64%
826.86%
-92.78%
Sales/Revenue/Turnover
4.83%
-0.66%
12.09%
Total Cash Common Dividend
- -
- -
-99.16%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
10,019
10,864
10,498
10,003
40,838
2026
10,779
- -
11,858
11,824
45,777
2027
13,107
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
103.34
1.94
1.14
1.59
107.99
2026
1.67
- -
1.02
2.72
7.53
2027
0.18
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
123.96
2026
- -
- -
- -
- -
1.01
2027
- -
- -
- -
- -
- -

Company Description

CEO
Varun Khanna
Full Time Employees
22,413
Sector
Health services
Industry
Hospital/Nursing management
Address
Brigade Deccan Heights, 20th & 12th Floor, #42, 5th Mile, Tumkur Road, Yeshwanthpur Dubai United Arab Emirates 560022
IPO Date
Feb 26, 2018
Business
Aster DM Healthcare Limited (ASTERDM.NS) operates as one of India's largest integrated healthcare providers, delivering a comprehensive portfolio of services across primary, secondary, tertiary, and quaternary care; hospitals; clinics; pharmacies; diagnostic labs; and digital health platforms. The company manages 19 hospitals with over 5,000 beds, 10 clinics, 203 pharmacies operated under brand license by Alfaone Retail Pharmacies Private Limited, and 254 labs and patient experience centers across five Indian states including Kerala, Andhra Pradesh, Maharashtra, Karnataka, and Telangana; key facilities encompass Aster Medcity in Kochi, Aster CMI Hospital in Bengaluru, Aster RV Hospital, Aster Whitefield Hospital, and subsidiaries such as Aster Pharmacy, Aster Labs, and Dr. Ramesh Cardiac and Multispecialty Hospitals. Founded in 1987 by Dr. Azad Moopen as a single clinic in Dubai and headquartered in Bengaluru following the 2024 separation of its GCC business, Aster DM Healthcare serves diverse patient segments in metro, Tier II, and Tier III cities with NABH-accredited facilities supported by over 21,500 professionals including 2,500 doctors and 6,300 nurses. In recent developments, the company completed the demerger of its GCC and India operations in 2024, with the GCC entity acquired by a Fajr Capital-led consortium while retaining promoter control in India; it signed a definitive merger agreement in November 2024 with Blackstone- and TPG-backed Quality Care India Ltd. (QCIL) to form Aster DM Quality Care, positioning the combined entity among India's top three hospital chains pending regulatory approvals. Aster DM Healthcare acquired an additional 13% stake in subsidiary Aster Adhaar Hospital in 2024, increasing ownership to 100% by end-2025, raised its stake in Dr. Ramesh Hospitals to 70.49%, secured AED 265 million financing from Emirates Development Bank in November 2025 for two new multi-specialty hospitals in Dubai adding over 250 beds, and expanded capacity with a 264-bed Aster MIMS hospital in Kasaragod, Kerala, alongside plans to reach 7,800 beds overall.