Chandan Healthcare Ltd
Incorporated in September 2003, Chandan Healthcare Limited runs diagnostic centers in North India with pathology and radiology testing services.[1]
- Market Cap ₹ 576 Cr.
- Current Price ₹ 236
- High / Low ₹ 358 / 185
- Stock P/E 21.9
- Book Value ₹ 69.9
- Dividend Yield 0.00 %
- ROCE 23.1 %
- ROE 13.2 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 82.4 to 114 days.
- Working capital days have increased from 61.8 days to 111 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
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Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|
| 120 | 137 | 177 | 230 | 276 | 289 | |
| 117 | 128 | 150 | 189 | 219 | 232 | |
| Operating Profit | 2 | 9 | 26 | 41 | 57 | 57 |
| OPM % | 1.9% | 7% | 15% | 18% | 21% | 20% |
| 0 | 0 | 1 | 2 | 4 | 3 | |
| Interest | 2 | 2 | 3 | 5 | 14 | 9 |
| Depreciation | 2 | 2 | 3 | 7 | 15 | 13 |
| Profit before tax | -1 | 5 | 21 | 32 | 32 | 37 |
| Tax % | 3% | 28% | 24% | 27% | 37% | |
| -1 | 3 | 16 | 24 | 20 | 25 | |
| EPS in Rs | -0.56 | 1.68 | 8.14 | 9.07 | 7.93 | 10.12 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 26% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 79% |
| TTM: | -12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -1% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 22% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 20 | 20 | 20 | 24 | 24 |
| Reserves | 4 | 7 | 21 | 98 | 147 |
| 17 | 21 | 36 | 48 | 54 | |
| 41 | 49 | 41 | 40 | 65 | |
| Total Liabilities | 82 | 98 | 118 | 211 | 290 |
| 29 | 33 | 48 | 76 | 101 | |
| CWIP | 0 | 0 | 0 | 4 | 12 |
| Investments | 6 | 7 | 3 | 1 | 20 |
| 46 | 58 | 66 | 129 | 156 | |
| Total Assets | 82 | 98 | 118 | 211 | 290 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 6 | 4 | 1 | -29 | 16 | |
| -11 | -6 | -15 | -36 | -40 | |
| 3 | 2 | 16 | 67 | 21 | |
| Net Cash Flow | -1 | 0 | 2 | 2 | -3 |
| Free Cash Flow | -1 | -1 | -18 | -68 | -26 |
| CFO/OP | 275% | 60% | 23% | -50% | 45% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 88 | 63 | 59 | 74 | 114 |
| Inventory Days | 46 | 71 | 96 | 126 | 92 |
| Days Payable | 185 | 251 | 102 | 102 | 112 |
| Cash Conversion Cycle | -51 | -117 | 53 | 98 | 95 |
| Working Capital Days | -11 | -21 | -1 | 75 | 111 |
| ROCE % | 16% | 37% | 29% | 23% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Number of Collection Centers count ・Standalone data |
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| Number of Diagnostic Centers & Labs count ・Standalone data |
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| Pathology Revenue Share % |
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| Total Tests Conducted Lakhs ・Standalone data |
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| B2C (Retail Diagnostics) Revenue Share % ・Standalone data |
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| B2G (Government PPPs) Revenue Share % ・Standalone data |
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| Total Patient Count Lakhs ・Standalone data |
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| Number of Franchise Centers count ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
- Chandan Healthcare shared Q1 FY27 results, 53.56% pharmacy divestment, and expansion plans.
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Analysts/Institutional Investor Meet/Con. Call Updates
- Audio recording of Q1 FY26-27 earnings conference call made available on August 18, 2026.
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Investor Presentation
- Chandan Healthcare Limited has informed about Investor Presentation
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Outcome of Board Meeting
- Board approved Q1 FY27 results on 14 Aug 2026; standalone profit ₹670.89 lakh, consolidated ₹749.50 lakh; first-time Ind AS.
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Monitoring Agency Report
- Crisil report confirms June 2026 utilization of preferential warrant proceeds had no deviations.
Concalls
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Aug 2026Transcript PPT REC
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Jun 2026Transcript PPT REC
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Feb 2026Transcript PPT
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Dec 2025Transcript PPT
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Nov 2025TranscriptPPT REC
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Aug 2025TranscriptAI SummaryPPT
Business Profile[1]
Chandan Healthcare Limited operates a diagnostic network in North India that offers pathology and radiology testing services. The company has a presence in Uttar Pradesh, Uttarakhand, and Jaipur (Rajasthan), with a strong network of labs, satellite centers, and collection points.