Artemis Medicare Services Ltd

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

Artemis Medicare Services Ltd

₹ 257 1.24%
04 Jul - close price
artemishospitals.com BSE: 542919 NSE: ARTEMISMED
About

Artemis Medicare Services Ltd (AMSL) was incorporated on 2004, by the promoters of the Apollo Tyres Group, is engaged in healthcare business. AMSL operates a 541-bedded multi-specialty tertiary care hospital in Gurgaon. The specialty areas for AMSL include Orthopaedics, Oncology, Cardiovascular, Neurosciences and Bariatric & Minimally Invasive Surgery. ASML has been awarded with the NABH and JCI accreditation. AMSL has also diversified its presence through Artemis Daffodil , Artemis Lite, Artemis Cardiac Care and Artemis Solace models. [1][2]

Key Points

Geographical Revenue Break-up 9MFY24:[1]
Domestic : ~76%
Outside India : ~24%

Website BSE NSE
  • Market Cap ₹ 3,570 Cr.
  • Current Price ₹ 257
  • High / Low ₹ 350 / 181
  • Stock P/E 43.4
  • Book Value ₹ 60.9
  • Dividend Yield 0.18 %
  • ROCE 14.6 %
  • ROE 12.8 %
  • Face Value ₹ 1.00
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Pros

  • Company has delivered good profit growth of 33.3% CAGR over last 5 years

Cons

  • Stock is trading at 4.22 times its book value
  • Company has a low return on equity of 11.6% 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

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
149 167 187 187 195 210 225 219 225 223 241 232 240
132 148 164 162 170 182 191 186 187 187 199 195 204
Operating Profit 17 19 23 26 26 28 34 33 38 36 42 37 36
OPM % 11% 11% 13% 14% 13% 13% 15% 15% 17% 16% 18% 16% 15%
1 2 1 1 2 1 2 2 2 4 7 9 12
Interest 4 4 5 5 5 7 8 8 9 8 8 8 8
Depreciation 6 7 7 8 9 9 10 10 11 11 11 11 12
Profit before tax 8 11 13 13 14 13 19 16 20 22 31 27 29
Tax % -61% 22% 31% 23% 24% 26% 28% 29% 29% 24% 28% 23% 20%
13 8 9 10 11 10 14 12 14 17 22 21 23
EPS in Rs 1.00 0.63 0.68 0.78 0.79 0.72 1.00 0.85 1.04 1.22 1.62 1.50 1.67
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
547 565 408 555 737 879 937
481 503 373 487 643 746 785
Operating Profit 66 62 35 68 94 133 152
OPM % 12% 11% 9% 12% 13% 15% 16%
2 4 7 3 7 7 33
Interest 11 13 13 12 20 31 32
Depreciation 20 23 22 22 31 40 45
Profit before tax 37 31 8 37 51 68 108
Tax % 45% 36% 18% 16% 25% 28% 24%
20 19 6 31 38 49 82
EPS in Rs 0.97 1.49 0.49 2.40 2.88 3.62 6.00
Dividend Payout % 0% 0% 0% 0% 16% 12% 7%
Compounded Sales Growth
10 Years: %
5 Years: 11%
3 Years: 19%
TTM: 7%
Compounded Profit Growth
10 Years: %
5 Years: 33%
3 Years: 37%
TTM: 68%
Stock Price CAGR
10 Years: %
5 Years: 70%
3 Years: 81%
1 Year: 40%
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
Equity Capital 13 13 13 13 13 14 14
Reserves 280 300 307 346 390 435 824
114 113 147 201 286 320 290
147 160 133 149 216 203 229
Total Liabilities 554 586 600 710 905 972 1,357
381 393 383 489 605 719 746
CWIP 49 56 81 64 95 33 39
Investments 0 0 0 0 0 0 0
124 137 136 157 205 219 572
Total Assets 554 586 600 710 905 972 1,357

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 -87 -385
14 -27 18 44 38 -30 267
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 -26 -28 -16 -9 -26 -13 -12
ROCE % 10% 4% 10% 11% 14% 15%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
69.59% 69.27% 68.91% 68.91% 68.03% 68.03% 68.03% 68.03% 67.51% 67.17% 67.17% 67.17%
0.00% 0.00% 0.00% 0.00% 0.07% 0.09% 0.11% 0.10% 0.16% 0.21% 0.65% 0.31%
0.91% 0.90% 1.15% 1.37% 1.41% 1.51% 1.96% 2.61% 3.45% 3.60% 4.51% 5.04%
7.34% 7.31% 7.27% 7.27% 7.18% 7.18% 7.18% 7.18% 7.12% 7.09% 7.09% 7.09%
22.17% 22.53% 22.65% 22.43% 23.30% 23.18% 22.72% 22.08% 21.76% 21.93% 20.59% 20.39%
No. of Shareholders 15,17714,63717,99518,10019,08220,52922,37519,99319,79526,05427,00428,397

* 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

  • May 2025
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  • Nov 2022
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