Maitreya Medicare Ltd
Incorporated in 2019, Maitreya Medicare Ltd is an integrated multispeciality hospital with primary secondary & tertiary care situated in Surat, Gujrat.[1]
- Market Cap ₹ 142 Cr.
- Current Price ₹ 209
- High / Low ₹ 329 / 179
- Stock P/E 885
- Book Value ₹ 46.4
- Dividend Yield 0.00 %
- ROCE 10.8 %
- ROE 7.17 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company's cost of borrowing seems high
* 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
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 55.93 | 49.35 | 39.28 | 46.08 | 44.98 | 46.00 | |
| 48.68 | 45.98 | 32.02 | 40.08 | 40.10 | 43.28 | |
| Operating Profit | 7.25 | 3.37 | 7.26 | 6.00 | 4.88 | 2.72 |
| OPM % | 12.96% | 6.83% | 18.48% | 13.02% | 10.85% | 5.91% |
| 0.43 | 0.33 | 0.53 | 0.30 | 0.57 | 0.63 | |
| Interest | 0.82 | 0.78 | 0.57 | 0.84 | 0.80 | 0.78 |
| Depreciation | 1.09 | 1.32 | 1.29 | 1.27 | 1.44 | 1.57 |
| Profit before tax | 5.77 | 1.60 | 5.93 | 4.19 | 3.21 | 1.00 |
| Tax % | 26.52% | 28.75% | 28.16% | 29.12% | 41.74% | |
| 4.24 | 1.14 | 4.25 | 2.97 | 1.87 | 0.16 | |
| EPS in Rs | 4,240.00 | 1,140.00 | 8.57 | 4.38 | 2.76 | 0.24 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -3% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| TTM: | -91% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -2% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 18% |
| Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 4.96 | 6.78 | 6.78 | 11.55 |
| Reserves | 3.85 | 4.70 | 3.81 | 18.07 | 19.94 | 19.91 |
| 14.24 | 12.38 | 11.59 | 11.10 | 10.53 | 4.28 | |
| 7.17 | 7.40 | 8.55 | 7.91 | 10.75 | 13.48 | |
| Total Liabilities | 25.27 | 24.49 | 28.91 | 43.86 | 48.00 | 49.22 |
| 13.84 | 13.40 | 11.60 | 14.32 | 15.26 | 16.31 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.07 | 0.32 | 0.68 | 1.47 | 0.04 | 0.04 |
| 10.36 | 10.77 | 16.63 | 28.07 | 32.70 | 32.87 | |
| Total Assets | 25.27 | 24.49 | 28.91 | 43.86 | 48.00 | 49.22 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 4.45 | 0.08 | 2.59 | -2.50 | 5.06 | |
| -5.07 | -0.02 | 0.36 | -5.44 | -7.37 | |
| 2.16 | -1.86 | -1.59 | 12.21 | 3.67 | |
| Net Cash Flow | 1.55 | -1.80 | 1.36 | 4.27 | 1.36 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 31.91 | 43.42 | 90.41 | 108.52 | 121.40 |
| Inventory Days | 68.78 | 40.82 | 69.86 | 40.26 | 36.56 |
| Days Payable | 258.06 | 221.84 | 319.59 | 207.25 | 199.54 |
| Cash Conversion Cycle | -157.37 | -137.61 | -159.32 | -58.47 | -41.58 |
| Working Capital Days | -4.11 | 3.11 | 43.12 | 73.43 | 73.68 |
| ROCE % | 12.33% | 32.85% | 17.30% | 10.77% |
Insights
In beta| Mar 2019 | Mar 2021 | Mar 2022 | Mar 2023 | Nov 2024 | Nov 2025 | |
|---|---|---|---|---|---|---|
| Number of Hospitals Number |
|
|||||
| Total Bed Capacity Number of Beds |
||||||
| Bed Capacity Utilization Percentage |
||||||
| OPD Capacity (Prannath Hospital) Visits per day ・Standalone data |
||||||
| OPD Capacity (Surat) Visits per day ・Standalone data |
||||||
| Operational Bed Capacity (Used) Number of Beds |
||||||
Documents
Announcements
-
Outcome of Board Meeting
10 March 2026 - Board approved ESOS 2026 for up to 1,016,400 options; postal ballot and scrutinizer appointed; shareholder approval pending.
-
Updates
9 March 2026 - Subsidiary Maitreya Hospital inaugurated 125-bed multispecialty unit in Valsad effective 08-Mar-2026; total beds now 675.
-
Reply to Clarification- Financial results
16 February 2026 - Revised financial results filed Feb 14, 2026; EPS and auditor-signed utilisation certificate added; delayed due to emergency and portal error.
-
Clarification - Financial Results
13 January 2026 - Exchange has sought clarification from Maitreya Medicare Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
9 January 2026 - Certificate confirming dematerialisation processing for quarter ended December 31, 2025.
Annual reports
Concalls
-
Nov 2025TranscriptAI SummaryPPT
-
Sep 2025TranscriptAI SummaryPPT
-
Nov 2024Transcript PPT
-
May 2024TranscriptAI SummaryPPT
-
Feb 2024Transcript PPT
Integrated Healthcare Provider[1] Maitreya Medicare offers a comprehensive range of healthcare services across over 18 specialties and super specialties, including Cardiology, Urology, Laparoscopic Surgery, Oncology, Neurosurgery, Spine Surgery, Neurology, Nephrology including Dialysis, Gastroenterology, Gastrointestinal surgery, Cardiothoracic Surgery, Oncosurgery, Orthopedic Surgery including joint replacements and Arthroscopic surgeries, Gynecology & High-Risk Obstetrics, Hepatocellular Billary Surgery, Critical Care Medicine, etc.