Artemis Medicare Services Ltd

Artemis Medicare Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Artemis Medicare Services Ltd

₹ 270 -1.50%
03 Dec 1:34 p.m.
artemishospitals.com BSE: 542919 NSE: ARTEMISMED
About

Artemis Medicare Services Ltd (AMSL) was incorporated in 2004, operates a 541-bedded multi-specialty tertiary care hospital in Gurgaon. [1][2]

Key Points

Business Profile[1]
Promoted by Apollo Tyres Group, Artemis Medicare Services Ltd manages multi-specialty hospitals in Haryana under the brand Artemis Hospitals. The company provides a comprehensive range of advanced medical and surgical services across specialties such as cardiology, oncology, orthopedics, neurology, nephrology, gastroenterology, and critical care.

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  • Market Cap ₹ 4,269 Cr.
  • Current Price ₹ 270
  • High / Low ₹ 350 / 208
  • Stock P/E 45.0
  • Book Value ₹ 63.5
  • Dividend Yield 0.16 %
  • ROCE 14.6 %
  • ROE 12.9 %
  • Face Value ₹ 1.00
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Pros

  • Company has delivered good profit growth of 33.0% CAGR over last 5 years

Cons

  • Stock is trading at 4.24 times its book value
  • Promoter holding has decreased over last quarter: -8.10%
  • Company has a low return on equity of 11.7% over last 3 years.
  • Promoters have pledged or encumbered 44.5% of their holding.

* 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

Healthcare Healthcare Healthcare Services Hospital

Part of BSE Healthcare BSE SmallCap BSE Allcap

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
187 187 195 210 225 219 225 223 241 232 240 255 275
164 162 170 182 191 186 187 187 199 195 204 214 224
Operating Profit 23 26 26 28 34 33 38 36 42 37 36 41 51
OPM % 13% 14% 13% 13% 15% 15% 17% 16% 18% 16% 15% 16% 18%
1 1 2 1 2 2 2 4 7 9 12 7 8
Interest 5 5 5 7 8 8 9 8 8 8 8 7 7
Depreciation 7 8 9 9 10 10 11 11 11 11 12 11 12
Profit before tax 13 13 14 13 19 16 20 22 31 27 29 30 39
Tax % 31% 23% 24% 26% 28% 29% 29% 24% 28% 23% 20% 29% 24%
9 10 11 10 14 12 14 17 22 21 23 21 30
EPS in Rs 0.68 0.78 0.79 0.72 1.00 0.85 1.04 1.22 1.62 1.50 1.67 1.53 2.16
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
547 565 408 555 737 879 937 1,002
481 503 373 487 643 746 785 837
Operating Profit 66 62 35 68 94 133 152 165
OPM % 12% 11% 9% 12% 13% 15% 16% 16%
2 4 7 3 7 7 33 36
Interest 11 13 13 12 20 31 32 30
Depreciation 20 23 22 22 31 40 45 46
Profit before tax 37 31 8 37 51 68 108 125
Tax % 45% 36% 18% 16% 25% 28% 24%
20 19 6 31 38 49 82 95
EPS in Rs 0.97 1.49 0.49 2.40 2.88 3.62 6.00 6.86
Dividend Payout % 0% 0% 0% 0% 16% 12% 7%
Compounded Sales Growth
10 Years: %
5 Years: 11%
3 Years: 19%
TTM: 10%
Compounded Profit Growth
10 Years: %
5 Years: 33%
3 Years: 37%
TTM: 47%
Stock Price CAGR
10 Years: %
5 Years: 70%
3 Years: 52%
1 Year: -18%
Return on Equity
10 Years: %
5 Years: 10%
3 Years: 12%
Last Year: 13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 13 13 13 13 13 14 14 14
Reserves 280 300 307 346 390 435 824 869
114 113 147 201 286 320 290 279
147 160 133 149 216 203 229 264
Total Liabilities 554 586 600 710 905 972 1,357 1,426
381 393 383 489 605 719 745 794
CWIP 49 56 81 64 95 33 40 35
Investments 0 0 0 0 0 0 0 0
124 137 136 157 205 219 572 597
Total Assets 554 586 600 710 905 972 1,357 1,426

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
40 56 27 60 127 109 146
-50 -26 -37 -107 -158 -88 -385
14 -27 18 44 38 -29 267
Net Cash Flow 5 2 8 -3 7 -8 27

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 52 49 49 48 46 39 39
Inventory Days
Days Payable
Cash Conversion Cycle 52 49 49 48 46 39 39
Working Capital Days -51 -36 -36 -26 -43 -27 -28
ROCE % 10% 4% 10% 11% 14% 15%

Shareholding Pattern

Numbers in percentages

2 Recently
Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Nov 2025
68.91% 68.03% 68.03% 68.03% 68.03% 67.51% 67.17% 67.17% 67.17% 66.53% 66.53% 58.42%
0.00% 0.07% 0.09% 0.11% 0.10% 0.16% 0.21% 0.65% 0.31% 0.24% 0.37% 12.48%
1.37% 1.41% 1.51% 1.96% 2.61% 3.45% 3.60% 4.51% 5.04% 4.76% 4.27% 3.35%
7.27% 7.18% 7.18% 7.18% 7.18% 7.12% 7.09% 7.09% 7.09% 7.02% 7.02% 6.17%
22.43% 23.30% 23.18% 22.72% 22.08% 21.76% 21.93% 20.59% 20.39% 21.45% 21.81% 19.58%
No. of Shareholders 18,10019,08220,52922,37519,99319,79526,05427,00428,39731,61433,55931,884

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

Annual reports

Credit ratings

Concalls

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