Metropolis Healthcare Ltd
Metropolis Healthcare Limited is one of the leading Indian diagnostics companies. The Company owns a chain of diagnostic centres across India, South Asia, Africa and the Middle East.
- Market Cap ₹ 8,791 Cr.
- Current Price ₹ 424
- High / Low ₹ 566 / 329
- Stock P/E 50.3
- Book Value ₹ 69.1
- Dividend Yield 0.23 %
- ROCE 14.7 %
- ROE 11.5 %
- Face Value ₹ 2.00
Pros
Cons
- The company has delivered a poor sales growth of 9.22% over past five years.
- Company has a low return on equity of 12.8% over last 3 years.
- Dividend payout has been low at 14.9% of profits 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 388 | 456 | 475 | 545 | 647 | 761 | 856 | 998 | 1,228 | 1,148 | 1,208 | 1,331 | 1,566 | |
| 285 | 339 | 359 | 405 | 467 | 559 | 619 | 708 | 880 | 855 | 920 | 1,023 | 1,211 | |
| Operating Profit | 104 | 117 | 116 | 140 | 181 | 203 | 237 | 290 | 348 | 293 | 288 | 308 | 355 |
| OPM % | 27% | 26% | 24% | 26% | 28% | 27% | 28% | 29% | 28% | 26% | 24% | 23% | 23% |
| 10 | 7 | 29 | 39 | 6 | 8 | -17 | 12 | 34 | 15 | 9 | 15 | 15 | |
| Interest | 3 | 2 | 2 | 2 | 4 | 4 | 13 | 12 | 25 | 32 | 28 | 24 | 21 |
| Depreciation | 16 | 21 | 17 | 17 | 19 | 20 | 39 | 46 | 63 | 89 | 94 | 109 | 124 |
| Profit before tax | 95 | 101 | 128 | 160 | 164 | 187 | 169 | 244 | 293 | 188 | 175 | 191 | 225 |
| Tax % | 34% | 33% | 36% | 33% | 32% | 34% | 24% | 25% | 27% | 24% | 26% | 24% | |
| 63 | 68 | 82 | 107 | 112 | 124 | 128 | 183 | 215 | 143 | 128 | 146 | 169 | |
| EPS in Rs | 14.32 | 15.44 | 20.10 | 26.61 | 27.29 | 5.99 | 6.29 | 8.95 | 10.46 | 6.98 | 6.24 | 7.00 | 8.12 |
| Dividend Payout % | 2% | 0% | 100% | 49% | 0% | 55% | 32% | 22% | 19% | 29% | 16% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 9% |
| 3 Years: | 3% |
| TTM: | 19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | -1% |
| 3 Years: | -12% |
| TTM: | 15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -4% |
| 3 Years: | 12% |
| 1 Year: | 14% |
| Return on Equity | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 17% |
| 3 Years: | 13% |
| Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 292 | 352 | 269 | 314 | 405 | 408 | 513 | 696 | 876 | 978 | 1,086 | 1,321 | 1,422 |
| 20 | 14 | 5 | 1 | 1 | 18 | 67 | 112 | 379 | 266 | 197 | 204 | 201 | |
| 69 | 87 | 107 | 188 | 110 | 113 | 160 | 181 | 256 | 240 | 254 | 324 | 359 | |
| Total Liabilities | 391 | 462 | 391 | 512 | 526 | 550 | 750 | 1,000 | 1,521 | 1,495 | 1,547 | 1,859 | 1,993 |
| 149 | 153 | 142 | 202 | 207 | 213 | 296 | 343 | 1,059 | 1,121 | 1,177 | 1,447 | 1,573 | |
| CWIP | 1 | 0 | 1 | 1 | 0 | 6 | 3 | 0 | 6 | 20 | 0 | 0 | 0 |
| Investments | 132 | 168 | 101 | 142 | 102 | 33 | 14 | 10 | 16 | 15 | 55 | 71 | 21 |
| 109 | 141 | 147 | 167 | 216 | 298 | 437 | 647 | 440 | 340 | 316 | 341 | 399 | |
| Total Assets | 391 | 462 | 391 | 512 | 526 | 550 | 750 | 1,000 | 1,521 | 1,495 | 1,547 | 1,859 | 1,993 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 77 | 69 | 91 | 102 | 104 | 90 | 215 | 249 | 253 | 247 | 264 | 263 | |
| -61 | -56 | 96 | -86 | 1 | 36 | -104 | 63 | -736 | 48 | -89 | -199 | |
| -14 | -9 | -174 | -17 | -87 | -118 | -55 | -33 | 163 | -292 | -181 | -87 | |
| Net Cash Flow | 2 | 4 | 14 | -1 | 18 | 8 | 56 | 279 | -321 | 3 | -6 | -23 |
| Free Cash Flow | 53 | 46 | 79 | 45 | 90 | 67 | 179 | 221 | 223 | 195 | 200 | 196 |
| CFO/OP | 103% | 87% | 113% | 109% | 89% | 78% | 118% | 106% | 96% | 102% | 105% | 99% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 47 | 57 | 54 | 54 | 57 | 66 | 55 | 45 | 40 | 39 | 38 | 41 |
| Inventory Days | 47 | 52 | 46 | 38 | 53 | 55 | 44 | 59 | 68 | 64 | 58 | 65 |
| Days Payable | 75 | 92 | 96 | 97 | 88 | 90 | 152 | 160 | 136 | 136 | 150 | 171 |
| Cash Conversion Cycle | 19 | 17 | 3 | -5 | 21 | 30 | -54 | -56 | -29 | -33 | -53 | -65 |
| Working Capital Days | 22 | 32 | 8 | -27 | 28 | 33 | 2 | -9 | -26 | -22 | -16 | -18 |
| ROCE % | 28% | 34% | 46% | 43% | 43% | 40% | 36% | 29% | 17% | 16% | 15% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Clinical Laboratories Number |
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| Number of Patient Visits (Millions) Millions |
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| Number of Tests Conducted (Millions) Millions |
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| Service Network points (Collection Centers/PSCs/ARCs) Number |
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| Revenue Per Patient (RPP) INR |
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Documents
Announcements
- Closure of Trading Window 21h
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Announcement under Regulation 30 (LODR)-Allotment
23 Mar - Allotted 15,54,95,826 bonus shares (3:1) on March 23, 2026; new share count 20,73,27,768; paid-up capital INR 41,46,55,536.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
20 Mar - Group analyst/institutional investor meeting March 25, 2026 at 03:00 PM IST; only publicly available information to be discussed.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 12 Mar
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Intimation Of Record Date For The Purpose Of Issuing Bonus Equity Shares
10 Mar - Metropolis to issue bonus shares 3:1; record date March 20, 2026; deemed allotment March 23, 2026.
Annual reports
Concalls
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Leading Diagnostics company[1] Metropolis Healthcare Ltd is the second largest Diagnostic company in India and the largest player in Western and Southern India.