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 ₹ 213 Cr.
- Current Price ₹ 202
- High / Low ₹ 335 / 107
- Stock P/E 23.6
- 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 3.14 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 9.74% over last 3 years.
* 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 | 99.33 | 89.85 | 97.99 | |
| 90.64 | 94.82 | 76.36 | 81.66 | |
| Operating Profit | 8.53 | 4.51 | 13.49 | 16.33 |
| OPM % | 8.60% | 4.54% | 15.01% | 16.66% |
| 1.36 | 1.75 | 0.66 | 0.77 | |
| Interest | 0.86 | 0.25 | 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 | 7.15 | 8.21 | |
| EPS in Rs | 4.59 | 1.88 | 6.80 | 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: | -6% |
| 1 Year: | 91% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 10% |
| Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|
| Equity Capital | 10.51 | 10.52 | 10.52 | 10.52 |
| Reserves | 29.94 | 45.09 | 52.02 | 57.22 |
| 0.13 | 1.68 | 1.46 | 0.63 | |
| 14.30 | 12.42 | 12.71 | 13.64 | |
| Total Liabilities | 54.88 | 69.71 | 76.71 | 82.01 |
| 20.95 | 28.15 | 33.66 | 33.93 | |
| CWIP | 1.67 | 2.47 | 1.26 | 0.33 |
| Investments | 15.33 | 17.99 | 21.31 | 21.74 |
| 16.93 | 21.10 | 20.48 | 26.01 | |
| Total Assets | 54.88 | 69.71 | 76.71 | 82.01 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 0.06 | -1.26 | 10.60 | |
| 0.52 | -12.99 | -10.08 | |
| -1.38 | 14.86 | -0.54 | |
| Net Cash Flow | -0.80 | 0.61 | -0.01 |
| Free Cash Flow | -6.92 | -12.41 | 2.15 |
| CFO/OP | 31% | -9% | 93% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 22.05 | 22.23 | 30.63 |
| Inventory Days | 58.35 | 81.93 | |
| Days Payable | 100.80 | 149.49 | |
| Cash Conversion Cycle | 22.05 | -20.22 | -36.92 |
| Working Capital Days | -2.39 | 5.07 | 7.11 |
| ROCE % | 5.66% | 18.45% |
Insights
In beta| Dec 2006 | Dec 2013 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| EBITDA Margin % |
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| Number of Clinics (Total Network) Number |
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| Average Revenue per Clinic (Enterprise) INR Lacs |
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| Number of Hospitals Number |
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| Total Patient Footfall Number |
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| New Patient Footfall Number |
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| Research Papers Published Number |
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Documents
Announcements
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General Updates
3 April 2026 - Vaidya Sane Ayurved Laboratories Limited has informed about General Updates
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General Updates
24 March 2026 - Trading window closed Apr 1, 2026 until 48 hours after audited results for quarter and year ended Mar 31, 2026.
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General Updates
6 February 2026 - Acquiring 100% of Aaharshastra Foodz for ~INR 1,50,000; subject to SPA closing conditions.
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General Updates
5 February 2026 - No deviation in utilization of preferential issue proceeds; warrants lapsed Nov 27, 2024 and Feb 15, 2025.
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General Updates
23 January 2026 - Board approved 34,00,000 warrants at ₹183 each (₹62.22 crore); ₹15.76 crore received; CSR policy updated.
Annual reports
Concalls
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Nov 2025Transcript PPT
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May 2025Transcript PPT
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Nov 2024TranscriptPPT
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Jun 2024Transcript PPT
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May 2024TranscriptAI SummaryPPT
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Nov 2023TranscriptAI SummaryPPT
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Nov 2023Transcript PPT REC
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Nov 2023Transcript PPT
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May 2023TranscriptAI SummaryPPT
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Nov 2022TranscriptAI SummaryPPT
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.