Vaidya Sane Ayurved Laboratories Ltd
Incorporated in 2006, Vaidya Sane Ayurved Laboratories Ltd is the business of running
of hospitals & clinics, and sale of Ayurved based medicines[1]
- Market Cap ₹ 298 Cr.
- Current Price ₹ 283
- High / Low ₹ 313 / 81.1
- Stock P/E 33.1
- Book Value ₹ 64.4
- Dividend Yield 0.00 %
- ROCE 18.4 %
- ROE 13.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 4.39 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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.
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|
| 99.17 | 99.32 | 89.85 | 97.99 | |
| 90.64 | 93.94 | 76.36 | 81.66 | |
| Operating Profit | 8.53 | 5.38 | 13.49 | 16.33 |
| OPM % | 8.60% | 5.42% | 15.01% | 16.66% |
| 1.36 | 1.75 | 0.66 | 0.77 | |
| Interest | 0.86 | 1.12 | 0.10 | 0.13 |
| Depreciation | 2.60 | 3.14 | 4.16 | 5.39 |
| Profit before tax | 6.43 | 2.87 | 9.89 | 11.58 |
| Tax % | 24.88% | 30.31% | 27.70% | |
| 4.83 | 1.98 | 7.14 | 8.21 | |
| EPS in Rs | 4.59 | 1.88 | 6.79 | 7.80 |
| Dividend Payout % | 5.44% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 97% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 26% |
| 1 Year: | 91% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|
| Equity Capital | 10.51 | 10.51 | 10.52 | 10.52 |
| Reserves | 29.94 | 45.09 | 52.03 | 57.22 |
| 0.13 | 1.68 | 1.46 | 0.63 | |
| 14.30 | 13.61 | 12.76 | 13.64 | |
| Total Liabilities | 54.88 | 70.89 | 76.77 | 82.01 |
| 20.95 | 28.02 | 34.92 | 33.93 | |
| CWIP | 1.67 | 2.60 | 0.00 | 0.33 |
| Investments | 15.33 | 3.22 | 21.34 | 21.74 |
| 16.93 | 37.05 | 20.51 | 26.01 | |
| Total Assets | 54.88 | 70.89 | 76.77 | 82.01 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 0.06 | -4.41 | 10.60 | |
| 0.52 | 1.49 | -10.08 | |
| -1.38 | 14.46 | -0.54 | |
| Net Cash Flow | -0.80 | 11.55 | -0.01 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 22.05 | 26.31 | 32.25 |
| Inventory Days | 81.93 | ||
| Days Payable | 142.73 | ||
| Cash Conversion Cycle | 22.05 | 26.31 | -28.54 |
| Working Capital Days | -2.39 | 0.66 | 42.94 |
| ROCE % | 7.44% | 18.45% |
Documents
Announcements
-
Analysts/Institutional Investor Meet/Con. Call Updates
10 November 2025 - H1 FY26: INR49.94 crore revenue; INR25–30 crore hospital CAPEX; Malaysia MOU; convertible warrants pending.
-
General Updates
10 November 2025 - Corrigendum: Preferential warrants issue totaling INR102.48 crore; proceeds in tranches; utilisation within 24 months; monitoring agency appointed.
-
Analysts/Institutional Investor Meet/Con. Call Updates
7 November 2025 - Audio recording of H1 FY26 earnings conference call (07-11-2025) made available on company's website.
-
Investor Presentation
6 November 2025 - Investor presentation for half-year ended Sep 30, 2025; FY25 clinic revenue Rs145.55 Cr, hospitals Rs23.20 Cr.
-
Outcome of Board Meeting
5 November 2025 - Approved H1 FY26 results; new Company Secretary from Nov 5, 2025; Aaharshastra becomes 100% subsidiary; Malaysia MoU 70:30 profit share
Annual reports
Concalls
-
Nov 2025Transcript PPT
-
May 2025Transcript PPT
-
Nov 2024TranscriptPPT
-
Jun 2024Transcript PPT
-
May 2024TranscriptNotesPPT
-
Nov 2023TranscriptNotesPPT
-
Nov 2023Transcript PPT REC
-
Nov 2023Transcript PPT
-
May 2023TranscriptNotesPPT
-
Nov 2022TranscriptNotesPPT
Business Overview[1]
Vaidya Sane Ayurved Laboratories Ltd (Madhavbaug) is among India’s leading chains of cardiac care clinics and hospitals, specializing in non-invasive, Ayurveda-based treatments for chronic conditions like heart disease, diabetes, hypertension, obesity, and joint pain. The company combines traditional medicine with modern diagnostics and technology, supported by in-house manufacturing of Ayurvedic medicines and nutritional products.