Aster DM Quality Care Ltd.

•

asterqualitycare.comBSE: 540975NSE: ASTERDM

Market Cap₹ 66,504 Cr.

Current Price

High / Low₹ 891 / 519

Stock P/E208.7

Book Value₹ 57

Price to Book7.95

Dividend Yield0.39 %

ROCE11.5 %

ROE9.3 %

Face Value₹ 10

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2025 • Hospitals: 95.4% • Retail Pharmacies: 3.0% • Clinics: 1.4%

AI Sector View

AI GENERATED

Healthcare

Buy

This stance relies on proxies and positioning because no direct pharma-export or healthcare operating series exists in the dataset. The depreciated currency at 95.23 (Sep/26) can support export earnings, inflation at 4.45% (Jul/26) is manageable for a defensive sector, and consumer spending remains large at INR 44743 billion (Jun/26). Strong FPI inflow of INR 10620 crore over 3 months to 2026-08-31 from INR -11381 crore in the prior 3 months adds a real sector-specific tailwind, but confidence stays capped because the fundamental drivers are indirect proxies.

Confidence

50%

View full sector analysis →

PROS

Company has consistently been profitable over the last 5 years
Strong cash generation - operating cash flow backs reported profits (CFO/PAT 3.45x)
Operating margins have improved to 18.7% from 15.4%
Working capital cycle has improved - days down from 146 to 90
Company generates healthy free cash flow
Company maintains a comfortable, low leverage position

CONS

A large part of profit comes from other income (31.5% of PBT)
Company has a low return on capital employed of 7.2%
Company has a low return on equity of 6.1% over last 3 years
Company's sales have been declining over the last five years
Company has delivered a poor profit growth of 1.4% over past five years
Stock is trading at 8.0x its book value

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

HealthcareHealthcareHospital & Healthcare Services

Part ofNIFTY TOTAL MKT NIFTY SMLCAP 50 NIFTY 500 NIFTY SMLCAP 250

S.No.	Name
1.	APOLLOHOSP	8850.00	60.90	127249.42	0.23	610.40	38.41	7043.50	20.56	21.73	15.70
2.	MAXHEALTH	1037.20	69.29	100951.74	0.19	322.96	4.87	2366.17	16.70	14.97	25.29
3.	MANIPALHOS	716.15	105.57	94200.74	0.00	2434.30	—	30906.30	—	13.93	23.83
4.	FORTIS	887.30	63.93	66987.44	0.11	272.80	2.26	2545.03	17.46	14.07	21.28
5.	ASTERDM	762.95	208.69	66504.25	0.39	29.28	-68.70	1310.68	21.60	11.26	19.53
6.	MEDANTA	1447.55	69.98	38920.53	0.03	157.25	-1.09	1304.05	26.50	19.38	21.99
7.	NH	1867.35	46.76	38161.31	0.24	207.27	5.37	2683.63	78.05	16.20	17.43
8.	KIMS	768.85	158.06	32292.20	0.00	37.40	-56.00	1179.50	35.33	11.51	19.03
9.	LALPATHLAB	1909.40	59.14	32049.05	1.07	1705.00	1172.39	7977.00	1090.95	29.56	31.03
10.	AGARWALEYE	507.00	108.33	16073.23	0.00	55.02	44.56	614.02	25.97	16.14	27.75
11.	VIJAYA	1502.30	82.53	15473.35	0.13	53.10	37.61	230.98	22.83	30.28	42.66
12.	RAINBOW	1443.40	51.37	14660.13	0.24	62.54	16.23	469.99	33.17	28.25	28.65

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	841	929	955	974	1,002	1,086	1,050	1,000	1,078	1,197	1,186	1,182	1,311
	719	784	803	814	838	867	861	808	871	947	975	950	1,147
Operating Profit	122	145	152	159	164	220	189	192	207	250	211	233	164
OPM %	14.49%	15.60%	15.89%	16.37%	16.32%	20.23%	18.02%	19.20%	19.24%	20.87%	17.82%	19.67%	12.50%
	8	4	9	4	49	35	9	5	29	28	-0	37	151
Interest	25	30	25	30	29	31	31	32	31	31	31	30	31
Depreciation	51	54	57	58	60	62	62	64	63	66	68	67	69
Profit before Tax	54	64	79	75	123	161	105	101	142	181	112	172	78
Tax %	11.69%	13.06%	14.20%	40.66%	31.78%	32.80%	35.55%	4.97%	30.16%	25.18%	39.71%	5.68%	62.50%
Net Profit	0	0	0	0	51,522	106	64	86	94	121	59	154	29
	0.82	-0.62	1.19	0.66	1.49	1.94	1.14	1.59	1.67	2.13	1.02	2.72	0.31

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	5,250	5,931	6,721	7,963	8,652	8,608	10,253	2,994	3,699	4,138	4,876
	4,789	5,582	6,089	7,074	7,363	7,506	8,720	2,536	3,112	3,365	4,019
Operating Profit	461	349	632	889	1,289	1,103	1,533	458	587	773	857
OPM %	8.79%	5.89%	9.41%	11.16%	14.90%	12.81%	14.95%	15.29%	15.86%	18.69%	17.59%
	25	453	175	33	18	50	51	37	25	98	216
Interest	205	371	204	205	391	334	307	96	119	133	123
Depreciation	243	322	298	306	586	618	641	192	220	249	270
Profit before Tax	38	108	308	410	330	205	637	195	261	471	543
Tax %	78.18%	10.00%	8.47%	10.47%	4.66%	13.27%	5.62%	18.35%	21.64%	28.53%	27.37%
Net Profit	8	98	282	367	315	178	601	160	205	337	394
EPS	-1.35	2.19	5.74	6.62	5.50	2.97	10.57	8.53	2.59	107.66	—
Dividend Payout %	-2.66%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	77.28%	114.25%	—

COMPOUNDED SALES GROWTH

10 Years:: 1%
5 Years:: -14%
3 Years:: -26%

COMPOUNDED PROFIT GROWTH

10 Years:: 45%
5 Years:: 81%
3 Years:: 117%

STOCK PRICE CAGR

10 Years:: —
5 Years:: 27%
3 Years:: 31%
1 Year:: 20%

RETURN ON EQUITY

10 Years:: 8%
5 Years:: 8%
3 Years:: 6%
Last Year:: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	403	403	505	505	497	497	500	500	500	500
Minority Interest	177	375	358	466	446	462	529	412	470	223
	17	1,472	2,327	2,709	2,775	2,875	3,454	3,568	3,678	2,545
	3,502	2,869	2,384	2,818	5,138	4,285	4,312	5,234	2,736	1,913
Trade Payables	697	782	846	1,014	2,110	2,027	2,118	2,988	3,436	426
	947	902	1,059	1,416	1,438	1,473	1,609	2,134	7,164	993
Total Liabilities	5,743	6,804	7,479	8,928	12,405	11,620	12,521	14,836	17,983	6,600
	2,507	3,520	3,738	4,289	7,124	6,749	7,009	9,052	3,175	3,920
Capital Work in Progress	358	290	402	550	736	934	978	255	170	291
	50	32	38	22	34	63	45	80	17	245
	411	526	627	732	961	849	1,026	1,306	1,632	92
	0	0	0	0	0	0	0	0	2,440	258
Cash & Bank	267	152	300	341	177	281	380	429	2,550	1,380
	2,150	2,285	2,375	2,994	3,373	2,744	3,085	3,714	7,998	414
Total Assets	5,743	6,804	7,479	8,928	12,405	11,620	12,521	14,836	17,983	6,600

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	236	405	590	655	1,289	1,580	1,371	1,893	158	425
Cash from Investing	-786	-1,153	-523	-709	-667	-330	-570	-972	-885	6,015
Cash from Financing	578	654	46	134	-675	-1,116	-686	-817	1,053	-6,358
	-5	-138	60	26	-119	123	58	45	326	82

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	41.88	41.88	41.88	41.89	40.39	40.39	40.39	40.39	40.39
	27.08	23.86	22.62	21.66	19.64	18.72	18.46	17.18	10.53
	16.35	20.91	22.91	24.58	25.28	26.32	26.12	27.57	27.65
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	14.69	13.36	12.59	11.86	14.69	14.56	15.02	14.85	21.42

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-05

Copy of Newspaper Publication

2026-09-05 - Aster DM Quality Care Limited has informed the Exchange about Copy of Newspaper Publication - Dispatch of Notice of 18th Annual General Meeting and Integrated Annual Report for the Financial Year 2025-26

2026-09-05

Updates

2026-09-05 - Aster DM Quality Care Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report for Financial Year 2025-26'.

2026-09-05

Shareholders meeting

2026-09-05 - Aster DM Quality Care Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 28, 2026

2026-09-04

Press Release

2026-09-04 - Aster DM Quality Care Limited has informed the Exchange regarding a press release dated September 04, 2026, titled "Dr. Moopen family picks up additional stake in the Company".

2026-09-02

Copy of Newspaper Publication

2026-09-02 - Aster DM Quality Care Limited has informed the Exchange about Copy of Newspaper Publication regarding intimation of 18th Annual General Meeting scheduled for 28 September 2026

2026-08-31

Capacity addition

2026-08-31 - Aster DM Quality Care Limited has informed the Exchange regarding capacity expansion at the facility of a material subsidiary of the Company

2026-08-29

Amalgamation/Merger

2026-08-29 - Aster DM Quality Care Limited has informed the Exchange about Scheme of Amalgamation of KIMSHEALTH Executive Leisure Private Limited with Spiceretreat Hospitality Services Private Limited, step-down subsidiaries of the Company

2026-08-28

Acquisition

2026-08-28 - Aster DM Quality Care Limited has informed the Exchange about Acquisition of Equity Shares of STS Holdings Limited by a Subsidiary of the Company

2026-08-27

Copy of Newspaper Publication

2026-08-27 - Aster DM Quality Care Limited has informed the Exchange about Copy of Newspaper Advertisement regarding dispatch of the Notice of Postal Ballot of the Company

News

Recent coverage and analyst commentary for ASTERDM

Loading news…

🤖

AI Stock Analyst

Aster DM Quality Care Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account