Aashka Hospitals Ltd
Incorporated in 2012, Aashka Hospitals Ltd operates Multi Disciplinary Private Hospital, Clinics, and Pharmacies[1]
- Market Cap ₹ 187 Cr.
- Current Price ₹ 80.1
- High / Low ₹ 89.6 / 43.2
- Stock P/E
- Book Value ₹ 40.3
- Dividend Yield 0.00 %
- ROCE 0.42 %
- ROE -2.70 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 2.11% over last 3 years.
- Earnings include an other income of Rs.5.67 Cr.
- Debtor days have increased from 89.9 to 132 days.
- Working capital days have increased from 76.9 days to 129 days
* 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.
Peer comparison
Sector: Healthcare Industry: Healthcare
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|
| 27.67 | 27.23 | 40.69 | 39.73 | 18.94 | 18.21 | |
| 18.08 | 18.41 | 30.72 | 31.16 | 18.61 | 17.88 | |
| Operating Profit | 9.59 | 8.82 | 9.97 | 8.57 | 0.33 | 0.33 |
| OPM % | 34.66% | 32.39% | 24.50% | 21.57% | 1.74% | 1.81% |
| 0.06 | 0.02 | 0.00 | 0.13 | 3.12 | 5.67 | |
| Interest | 5.75 | 4.90 | 3.25 | 2.96 | 3.09 | 4.63 |
| Depreciation | 2.54 | 2.56 | 2.61 | 2.90 | 2.93 | 2.96 |
| Profit before tax | 1.36 | 1.38 | 4.11 | 2.84 | -2.57 | -1.59 |
| Tax % | 0.00% | 0.00% | 0.00% | 16.55% | 0.00% | |
| 1.36 | 1.38 | 4.11 | 2.37 | -2.57 | -1.68 | |
| EPS in Rs | 0.76 | 0.77 | 2.28 | 1.01 | -1.10 | -0.72 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -11% |
| TTM: | -20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 56% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 55% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 2% |
| Last Year: | -3% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Equity Capital | 17.16 | 17.91 | 18.00 | 23.37 | 23.37 | 23.37 |
| Reserves | -1.80 | 6.28 | 11.25 | 73.20 | 70.55 | 70.97 |
| 32.99 | 30.92 | 27.87 | 28.21 | 29.19 | 25.03 | |
| 5.71 | 4.93 | 7.96 | 4.34 | 4.92 | 3.26 | |
| Total Liabilities | 54.06 | 60.04 | 65.08 | 129.12 | 128.03 | 122.63 |
| 46.36 | 44.12 | 49.49 | 48.46 | 45.47 | 44.52 | |
| CWIP | 0.08 | 0.00 | 0.00 | 0.00 | 0.05 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 7.62 | 15.92 | 15.59 | 80.66 | 82.51 | 78.11 | |
| Total Assets | 54.06 | 60.04 | 65.08 | 129.12 | 128.03 | 122.63 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| -0.96 | 14.50 | -62.63 | 4.09 | ||
| -0.24 | -7.98 | -1.87 | -0.07 | ||
| 4.16 | -7.97 | 62.64 | -2.03 | ||
| Net Cash Flow | 2.96 | -1.44 | -1.86 | 1.99 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| Debtor Days | 45.64 | 90.48 | 65.66 | 71.84 | 132.20 |
| Inventory Days | 51.35 | 66.55 | 30.28 | 34.97 | 56.59 |
| Days Payable | 296.91 | 247.49 | 241.09 | 101.11 | 365.00 |
| Cash Conversion Cycle | -199.92 | -90.46 | -145.15 | 5.71 | -176.21 |
| Working Capital Days | -80.07 | 46.38 | 30.68 | 70.83 | 129.31 |
| ROCE % | 12.14% | 13.12% | 6.38% | 0.42% |
Documents
Announcements
- Compliances - Compliance Certificate For The Period Ended On March 31 2024 15 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 11 Apr
-
Compliance - PCS Certificate U/R 40(10) Of SEBI (LODR) Regulations 2015
11 Apr - PCS Certificate for Transfer / Transmission / Transposition u/r 40(10) of the SEBI (LODR) Regulations 2015 for the Financial Year ended on March 31, 2024
- Closure of Trading Window 27 Mar
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
29 Jan - Confirmation certificate received from M/s. Accurate Securities & Registry Private Limited for the quarter ended December 31, 2023
Business Overview:[1]
a) AHL is a Multi - Speciality hospital located in Gandhinagar, consisting of 150 beds including 65 ICU beds, class 100 modular 2 cardiac OTs & 4 OTs for each & every super – specialty.
b) 2 procedure rooms are available for endoscopy and other procedures
c) All OTs are fitted with laminar airflow, HEPA filters & next generation Anesthesia trolley
d) Hospital has flat panel Cath Lab, CT scan, pneumatic transfer system & software driven administration
e) Company's Ultra-modern 65 bedded
ICU are equipped with intelligent ventilators, by-phasic AED & pacing defibrillators, modular touch screen multipara monitoring system and centralized Gas supply system