Aashka Hospitals Ltd

Aashka Hospitals Ltd

₹ 70.5 4.79%
28 May - close price
About

Incorporated in 2012, Aashka Hospitals Ltd operates Multi Disciplinary Private Hospital, Clinics, and Pharmacies[1]

Key Points

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

  • Market Cap 165 Cr.
  • Current Price 70.5
  • 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

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Half Yearly Results

Figures in Rs. Crores

Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023
24.82 28.42 11.32 11.54 7.41 10.80
19.41 19.41 12.06 10.80 7.91 9.97
Operating Profit 5.41 9.01 -0.74 0.74 -0.50 0.83
OPM % 21.80% 31.70% -6.54% 6.41% -6.75% 7.69%
0.04 0.04 0.09 0.06 3.06 2.61
Interest 1.43 1.43 1.23 -0.17 3.17 1.46
Depreciation 1.45 1.45 1.44 1.44 1.49 1.47
Profit before tax 2.57 6.17 -3.32 -0.47 -2.10 0.51
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 17.65%
2.57 6.17 -3.33 -0.47 -2.10 0.42
EPS in Rs 1.43 2.64 -1.42 -0.20 -0.90 0.18
Raw PDF
Upcoming result date: tomorrow

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: 42%
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%

Shareholding Pattern

Numbers in percentages

Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024
61.28% 61.28% 61.28% 61.28% 61.28% 61.28%
38.72% 38.72% 38.71% 38.72% 38.73% 38.71%
No. of Shareholders 2,7713,2453,1712,4352,0661,641

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