Chandan Healthcare Ltd.
•₹ 230.85-2.02%
2026-08-21
PROS
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.9%
- Company has a healthy return on capital (ROCE) of 29.1%
- Latest quarter profit grew 1000.6% YoY, showing strong momentum
- Operating margins have improved to 28.5% from 5.6%
- Company comfortably covers its interest (8.9x coverage)
- Company maintains a comfortable, low leverage position
CONS
- Operating cash flow has been negative in recent years
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.10x)
- Working capital days have increased from -4 to 125 days
- Equity base is being diluted - shares outstanding up 22.3%
- Inventory has been piling up - inventory days up from 12 to 33
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | APOLLOHOSP | 8799.00 | 60.55 | 126516.12 | 0.23 | 610.40 | 38.41 | 7043.50 | 20.56 | 21.73 | 15.70 |
| 2. | MANIPALHOS | 744.55 | 109.75 | 97936.41 | 0.00 | — | — | — | — | 13.93 | — |
| 3. | MAXHEALTH | 996.45 | 66.57 | 96982.14 | 0.20 | 322.96 | 4.87 | 2366.17 | 16.70 | 14.97 | 25.29 |
| 4. | ASTERDM | 800.70 | 219.01 | 69794.81 | 0.00 | 29.28 | -68.70 | 1310.68 | 21.60 | 11.46 | 19.53 |
| 5. | FORTIS | 910.80 | 65.62 | 68761.59 | 0.11 | 272.80 | 2.26 | 2545.03 | 17.46 | 14.07 | 21.28 |
| 6. | MEDANTA | 1419.05 | 68.60 | 38154.25 | 0.04 | 157.25 | -1.09 | 1304.05 | 26.50 | 20.50 | 21.99 |
| 7. | NH | 1782.70 | 44.64 | 36431.40 | 0.25 | 207.27 | 5.37 | 2683.63 | 78.05 | 16.20 | 17.43 |
| 8. | KIMS | 788.60 | 162.12 | 33121.71 | 0.00 | 37.40 | -56.00 | 1179.50 | 35.33 | 11.51 | 19.03 |
| 9. | LALPATHLAB | 1886.80 | 58.44 | 31669.72 | 1.09 | 1705.00 | 1172.39 | 7977.00 | 1090.95 | 29.56 | 31.03 |
| 10. | AGARWALEYE | 499.70 | 106.77 | 15841.80 | 0.00 | 55.02 | 44.56 | 614.02 | 25.97 | 14.32 | 27.75 |
| 11. | VIJAYA | 1489.70 | 81.84 | 15343.57 | 0.13 | 53.10 | 37.61 | 230.98 | 22.83 | 30.27 | 42.66 |
| 12. | CHANDAN | 240.00 | 21.69 | 586.85 | 0.00 | 7.01 | 51.59 | 75.58 | 38.31 | 29.57 | 14.63 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Dec 2024 | Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|
| 30 | 37 | 36 | 36 | 45 | 49 | |
| 22 | 27 | 28 | 26 | 33 | 40 | |
| Operating Profit | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — |
| Other Income | 0 | 2 | 1 | 1 | 2 | 1 |
| Interest | 1 | 1 | 1 | 1 | 1 | 4 |
| Depreciation | 1 | 2 | 3 | 2 | 2 | 4 |
| 5 | 9 | 8 | 5 | 9 | 10 | |
| Tax % | 31.24% | 27.78% | 36.28% | 25.38% | 23.80% | 32.61% |
| Net Profit | 4 | 6 | 5 | 4 | 7 | 7 |
| 2 | 3 | 0 | 2 | 3 | 0 | |
| Equity Capital | 20 | 24 | 24 | 24 | 24 | 24 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 20 | 24 | 24 | 24 | 24 | 24 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Dec 2024
- 30
- 22
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- 5
- Tax %
- 31.24%
- Net Profit
- 4
- 2
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 37
- 27
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 2
- 9
- Tax %
- 27.78%
- Net Profit
- 6
- 3
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 36
- 28
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 3
- 8
- Tax %
- 36.28%
- Net Profit
- 5
- 0
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 36
- 26
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 2
- 5
- Tax %
- 25.38%
- Net Profit
- 4
- 2
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 45
- 33
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 1
- Depreciation
- 2
- 9
- Tax %
- 23.80%
- Net Profit
- 7
- 3
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 49
- 40
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 4
- 10
- Tax %
- 32.61%
- Net Profit
- 7
- 0
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 24
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 72 | 76 | 100 | 129 | 165 | |
| 68 | 67 | 74 | 92 | 127 | |
| Operating Profit | 4 | 9 | 26 | 38 | — |
| OPM % | 6 | 12 | 26 | 30 | — |
| Other Income | 0 | 0 | 1 | 1 | 5 |
| Interest | 2 | 2 | 2 | 4 | 7 |
| Depreciation | 2 | 2 | 3 | 6 | 12 |
| -0 | 5 | 21 | 28 | 33 | |
| Tax % | -257 | 23 | 24 | 26 | 30 |
| Net Profit | -1 | 4 | 16 | 21 | 23 |
| EPS | 0 | 2 | 8 | 8 | — |
| Dividend Payout % | -109 | 49 | 19 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -0 | 2 | 8 | 8 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -0 | 2 | 8 | 8 | — |
Mar 2022
- 72
- 68
- Operating Profit
- 4
- OPM %
- 6
- Other Income
- 0
- Interest
- 2
- Depreciation
- 2
- -0
- Tax %
- -257
- Net Profit
- -1
- EPS
- 0
- Dividend Payout %
- -109
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2023
- 76
- 67
- Operating Profit
- 9
- OPM %
- 12
- Other Income
- 0
- Interest
- 2
- Depreciation
- 2
- 5
- Tax %
- 23
- Net Profit
- 4
- EPS
- 2
- Dividend Payout %
- 49
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2024
- 100
- 74
- Operating Profit
- 26
- OPM %
- 26
- Other Income
- 1
- Interest
- 2
- Depreciation
- 3
- 21
- Tax %
- 24
- Net Profit
- 16
- EPS
- 8
- Dividend Payout %
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2025
- 129
- 92
- Operating Profit
- 38
- OPM %
- 30
- Other Income
- 1
- Interest
- 4
- Depreciation
- 6
- 28
- Tax %
- 26
- Net Profit
- 21
- EPS
- 8
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
TTM
- 165
- 127
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 7
- Depreciation
- 12
- 33
- Tax %
- 30
- Net Profit
- 23
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 22%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- -8%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 30%
- Last Year:
- 26%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| LIABILITIES | - | - | - | - |
| Equity Capital | 20 | 20 | 20 | 24 |
| 3 | 7 | 21 | 96 | |
| 5 | 6 | 11 | 4 | |
| Trade Payables | 8 | 17 | 6 | 10 |
| 24 | 20 | 35 | 42 | |
| Total Liabilities | 59 | 70 | 93 | 177 |
| ASSETS | - | - | - | - |
| 25 | 28 | 44 | 71 | |
| Capital Work in Progress | 0 | 0 | 0 | 4 |
| 14 | 15 | 13 | 10 | |
| 1 | 0 | 6 | 17 | |
| 0 | 0 | 22 | 31 | |
| Cash & Bank | 2 | 2 | 1 | 6 |
| 17 | 25 | 8 | 37 | |
| Total Assets | 59 | 70 | 93 | 177 |
| Total Debt | 15 | 17 | 29 | 33 |
| Net Working Capital | -10 | 1 | -1 | 44 |
| Contingent Liabilities | 0 | 13 | 17 | 17 |
| Book Value per Share | 11.30 | 13.33 | 20.33 | 49.37 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 15 | 17 | 29 | 33 |
| Net Working Capital | -10 | 1 | -1 | 44 |
| Contingent Liabilities | 0 | 13 | 17 | 17 |
| Book Value per Share | 11.30 | 13.33 | 20.33 | 49.37 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2022
- Equity Capital
- 20
- 3
- 5
- Trade Payables
- 8
- 24
- Total Liabilities
- 59
- 25
- Capital Work in Progress
- 0
- 14
- 1
- 0
- Cash & Bank
- 2
- 17
- Total Assets
- 59
- Total Debt
- 15
- Net Working Capital
- -10
- Contingent Liabilities
- 0
- Book Value per Share
- 11.30
- Face Value
- 10.00
- Total Debt
- 15
- Net Working Capital
- -10
- Contingent Liabilities
- 0
- Book Value per Share
- 11.30
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 20
- 7
- 6
- Trade Payables
- 17
- 20
- Total Liabilities
- 70
- 28
- Capital Work in Progress
- 0
- 15
- 0
- 0
- Cash & Bank
- 2
- 25
- Total Assets
- 70
- Total Debt
- 17
- Net Working Capital
- 1
- Contingent Liabilities
- 13
- Book Value per Share
- 13.33
- Face Value
- 10.00
- Total Debt
- 17
- Net Working Capital
- 1
- Contingent Liabilities
- 13
- Book Value per Share
- 13.33
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 20
- 21
- 11
- Trade Payables
- 6
- 35
- Total Liabilities
- 93
- 44
- Capital Work in Progress
- 0
- 13
- 6
- 22
- Cash & Bank
- 1
- 8
- Total Assets
- 93
- Total Debt
- 29
- Net Working Capital
- -1
- Contingent Liabilities
- 17
- Book Value per Share
- 20.33
- Face Value
- 10.00
- Total Debt
- 29
- Net Working Capital
- -1
- Contingent Liabilities
- 17
- Book Value per Share
- 20.33
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 24
- 96
- 4
- Trade Payables
- 10
- 42
- Total Liabilities
- 177
- 71
- Capital Work in Progress
- 4
- 10
- 17
- 31
- Cash & Bank
- 6
- 37
- Total Assets
- 177
- Total Debt
- 33
- Net Working Capital
- 44
- Contingent Liabilities
- 17
- Book Value per Share
- 49.37
- Face Value
- 10.00
- Total Debt
- 33
- Net Working Capital
- 44
- Contingent Liabilities
- 17
- Book Value per Share
- 49.37
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 0 | 9 | 6 | -19 | |
| Cash from Investing | 0 | -6 | -15 | -36 |
| Cash from Financing | 0 | -2 | 9 | 60 |
| 0 | 1 | -1 | 5 | |
| Free Cash Flow | 0 | 4 | -13 | -57 |
| OCF / Net Profit | -0.00 | 2.16 | 0.36 | -0.90 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
| OCF / Net Profit | -0.00 | 2.16 | 0.36 | -0.90 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
Mar 2022
- 0
- Cash from Investing
- 0
- Cash from Financing
- 0
- 0
- Free Cash Flow
- 0
- OCF / Net Profit
- -0.00
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.00
- Cumulative 5-Year FCF
- 0
Mar 2023
- 9
- Cash from Investing
- -6
- Cash from Financing
- -2
- 1
- Free Cash Flow
- 4
- OCF / Net Profit
- 2.16
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.16
- Cumulative 5-Year FCF
- 0
Mar 2024
- 6
- Cash from Investing
- -15
- Cash from Financing
- 9
- -1
- Free Cash Flow
- -13
- OCF / Net Profit
- 0.36
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.36
- Cumulative 5-Year FCF
- 0
Mar 2025
- -19
- Cash from Investing
- -36
- Cash from Financing
- 60
- 5
- Free Cash Flow
- -57
- OCF / Net Profit
- -0.90
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.90
- Cumulative 5-Year FCF
- 0
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| PER SHARE | - | - | - | - |
| EPS (₹) | -0.46 | 2.02 | 8.01 | 8.50 |
| Book Value (₹) | 11.30 | 13.33 | 20.33 | 49.37 |
| Dividend per Share (₹) | 0.50 | 1.00 | 1.50 | 0.00 |
| Cash EPS (₹) | 0.51 | 3.05 | 9.69 | 11.12 |
| PROFITABILITY | - | - | - | - |
| Operating Margin % | 5.61% | 12.40% | 25.47% | 28.53% |
| Net Margin % | -1.28% | 5.33% | 16.04% | 16.09% |
| ROE % | -4.07% | 16.41% | 47.59% | 25.75% |
| ROCE % | 5.44% | 18.10% | 40.85% | 28.38% |
| -1.55% | 6.26% | 19.68% | 15.39% | |
| EFFICIENCY | - | - | - | - |
| Debtor Days | 53 | 63 | 69 | 75 |
| Inventory Days | 6 | 4 | 12 | 33 |
| Payable Days | 233 | 2620 | 1873 | 703 |
| -174 | -2552 | -1792 | -594 | |
| FINANCIAL HEALTH | - | - | - | - |
| Debt to Equity (x) | 0.68x | 0.62x | 0.71x | 0.28x |
| Interest Coverage (x) | 0.89x | 3.53x | 10.92x | 8.89x |
| 0.66x | 1.03x | 0.97x | 2.52x | |
| GROWTH | - | - | - | - |
| Revenue Growth % | 0.00% | 5.91% | 31.70% | 29.33% |
| Operating Profit Growth % | 0.00% | 134.22% | 181.10% | 44.34% |
| Net Profit Growth % | 0.00% | 539.26% | 296.29% | 29.73% |
| 0.00% | 0.00% | 296.29% | 6.11% | |
| VALUATION | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 21.30x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 3.67x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 1.84x | 12.31x |
Mar 2022
- EPS (₹)
- -0.46
- Book Value (₹)
- 11.30
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 0.51
- Operating Margin %
- 5.61%
- Net Margin %
- -1.28%
- ROE %
- -4.07%
- ROCE %
- 5.44%
- -1.55%
- Debtor Days
- 53
- Inventory Days
- 6
- Payable Days
- 233
- -174
- Debt to Equity (x)
- 0.68x
- Interest Coverage (x)
- 0.89x
- 0.66x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 2.02
- Book Value (₹)
- 13.33
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 3.05
- Operating Margin %
- 12.40%
- Net Margin %
- 5.33%
- ROE %
- 16.41%
- ROCE %
- 18.10%
- 6.26%
- Debtor Days
- 63
- Inventory Days
- 4
- Payable Days
- 2620
- -2552
- Debt to Equity (x)
- 0.62x
- Interest Coverage (x)
- 3.53x
- 1.03x
- Revenue Growth %
- 5.91%
- Operating Profit Growth %
- 134.22%
- Net Profit Growth %
- 539.26%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 8.01
- Book Value (₹)
- 20.33
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 9.69
- Operating Margin %
- 25.47%
- Net Margin %
- 16.04%
- ROE %
- 47.59%
- ROCE %
- 40.85%
- 19.68%
- Debtor Days
- 69
- Inventory Days
- 12
- Payable Days
- 1873
- -1792
- Debt to Equity (x)
- 0.71x
- Interest Coverage (x)
- 10.92x
- 0.97x
- Revenue Growth %
- 31.70%
- Operating Profit Growth %
- 181.10%
- Net Profit Growth %
- 296.29%
- 296.29%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 1.84x
Mar 2025
- EPS (₹)
- 8.50
- Book Value (₹)
- 49.37
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 11.12
- Operating Margin %
- 28.53%
- Net Margin %
- 16.09%
- ROE %
- 25.75%
- ROCE %
- 28.38%
- 15.39%
- Debtor Days
- 75
- Inventory Days
- 33
- Payable Days
- 703
- -594
- Debt to Equity (x)
- 0.28x
- Interest Coverage (x)
- 8.89x
- 2.52x
- Revenue Growth %
- 29.33%
- Operating Profit Growth %
- 44.34%
- Net Profit Growth %
- 29.73%
- 6.11%
- P/E (x)
- 21.30x
- P/B (x)
- 3.67x
- Dividend Yield %
- 0.00%
- 12.31x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Jun 2026
Feb 2026
Dec 2025