ASTERDMHealthcare

Aster DM Quality Care Limited

Hospital · ISIN INE914M01019 · BSE 540975 · NSE EQ · FV ₹10
Last price
₹761
+2.62%today
What this company does

Aster DM Quality Care Limited operates in Hospital, part of the Healthcare sector. It booked ₹1,311 cr of revenue in its latest quarter (Q1 FY27) and kept 1.2% of sales as profit. It is the 5th largest of 9 Hospital companies we track, by market value.

36out of 100
Equitytale Health Score
Strained

Healthier than 36% of companies in Healthcare, on all six measures of filed financials. Each measure is ranked against the 33–150 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
44

At close. Not part of the score.

Profitability & returns15

How much profit it earns on the money it employs

Balance sheet46

How much it owes, and whether earnings cover the interest

Cash quality77

Whether reported profit actually arrives as cash

Growth & consistency30

Whether sales and profit have grown, and how steadily

Valuation8

What today's price implies, against our models or its peers

Governance & risk58

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 22% vs last year
Promoters hold 54%
Turns profit into real cash
Watch-outs
! Thin 1.2% net margin
! Profit down 81% vs last year
! 18.2% of promoter stake pledged
! Low 1.4% return on equity

What if I invest in ASTERDM?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹761 +2.62%
latest close · 2026-09-17
1-year return
+291.6%
52-wk low ₹15852-wk high ₹891
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio613.4High
LowAverageHigh
P/B ratio8.61High
Below bookModerateHigh
EV / EBITDA53.3High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity1.4%Weak
WeakFairStrong ▸15%
Return on capital6.6%Weak
WeakFairStrong
Net margin1.2%Thin
ThinDecentStrong
EBITDA margin14.3%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.15Comfortable
LowModerateHigh ▸1
Interest cover3.8×Okay
RiskyOkayStrong ▸5×
Current ratio1.99Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹39,412 cr
Book value
₹88
EPS
₹0.31
latest quarter
Net debt
₹473 cr
owes more than its cash
Enterprise value
₹39,885 cr
EBITDA
₹748 cr
annualised
EBIT
₹471 cr
annualised
Operating margin
9.0%
Return on assets
0.8%
Earnings yield
0.16%
P/S
7.52
Sales / share
₹101.2
Tax rate
56.4%
Face value
₹10
Shares
51.8 cr
Working capital
₹969 cr
Current assets
₹1,948 cr
Current liabilities
₹979 cr
Delivery %
57.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹118₹244, midpoint ₹181

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,311 cr
Other Income₹37 cr
Total Income₹1,348 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹300 cr
Inventory Change (±)₹-9 cr
Employee Benefit Expense₹242 cr
Finance Costs₹31 cr
Depreciation & Amortisation₹69 cr
Other Expenses₹512 cr
Total Expenses₹1,147 cr
Exceptional Items₹-114 cr
Profit before Tax₹86 cr
Tax Expense₹49 cr
Share of JV / Associates₹-8 cr
Net Profit₹29 cr
Net margin on total income2.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹292 cr23.8%
Employee benefit expense₹242 cr19.8%
Finance costs₹31 cr2.5%
Depreciation & amortisation₹69 cr5.7%
Other expenses₹512 cr41.8%
Tax expense₹49 cr4.0%
Profit for the period₹29 cr2.4%
Total income ₹1,348 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,186 cr1,182 cr1,311 cr
Total income1,214 cr1,219 cr1,348 cr
Expenses1,074 cr1,047 cr1,147 cr
Profit before tax112 cr172 cr86 cr
Tax44 cr10 cr49 cr
Net profit (owners' share)52 cr140 cr16 cr
Net margin (owners' share, on revenue)4.4%11.9%1.2%
EPS (₹)1.022.720.31
YoY (latest quarter): total income +21.3% · net profit -81.2%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹8,112 cr
Shareholder equity
₹4,576 cr
parent shareholders
Total debt
₹701 cr
Cash
₹228 cr
Cash flow · H1 FY26
Operating
₹319 cr
Investing
₹-75 cr
Financing
₹-214 cr
Peer comparison
Hospital · by market value
CompanyPriceMarket capP/E
Apollo Hospitals Enterprise Limited₹8,769₹1.26 L cr54.3
Max Healthcare Institute Limited₹1,037₹1.01 L cr78.1
Manipal Health Enterprises Limited₹722₹85,125 cr92.0
Fortis Healthcare Limited₹886₹66,897 cr62.8
Aster DM Quality Care Limitedthis company₹761₹39,412 cr613.4
Global Health Limited₹1,424₹38,273 cr60.2
Narayana Hrudayalaya Ltd.₹1,869₹38,187 cr45.8
Krishna Institute of Medical Sciences Limited₹792₹33,258 cr190.3
Dr. Agarwal's Health Care Limited₹500₹15,855 cr87.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.39%
trailing 12 months
Dividend / share (TTM)
₹3
Last dividend
₹3
ex 2 Apr 2026
ActionDetailEx-date
Dividend₹3 / share2 Apr 2026
Dividend₹1 / share28 Aug 2025
Dividend₹4 / share10 Feb 2025
Dividend₹2 / share22 Aug 2024
Dividend₹118 / share23 Apr 2024
Buyback Buy Back23 Jan 2020
Who owns it · 2026-07-23
18.2% pledged
Promoter
53.7%
FII / Foreign
10.3%
DII / Domestic
16.5%
Retail / others
19.5%
Promoter stake up 11.8% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtUnion (Mauritius) Holdings Limited · Promoter Group46.10 L · ₹350.3 cr2 Sep 26
BoughtUnion (Mauritius) Holdings Limited · Promoter Group2.96 L · ₹22.4 cr1 Sep 26
BoughtUnion (Mauritius) Holdings Limited · Promoter Group91,174 · ₹6.9 cr31 Aug 26
Bulk / block deals
BoughtUNION (MAURITIUS) HOLDINGS LIMITED · NSE46.10 L @ ₹7602 Sep 26
SoldCENTELLA MAURITIUS HOLDINGS LIMITED · NSE46.10 L @ ₹7602 Sep 26
BoughtUNION (MAURITIUS) HOLDINGS LIMITED · NSE46.10 L @ ₹7602 Sep 26
Stake changes
BoughtDB Trustees (Hong Kong) Limited acting as the Common Offshore Security Agent→ 0.00%24 Aug 26
BoughtDB Trustees (Hong Kong) Limited acting as the Common Offshore Security Agent→ 32.00% · 2.00 cr24 Aug 26
SoldGLAS Trust (Singapore) Ltd (as the offshore security agent for certain lenders to Centella Mauritius Holdings Limited)→ 2.74% · 6.24 cr20 Aug 26
Promoter pledges
PledgedDB trustee(hong kong) Ltd acting as common offshore Security Agent For barclays Bank PLC and J P Morgan Chase Bank N. A London Branch( Lende)0 · 2.29% held24 Aug 26
PledgedCreation of Encumbranc e in favour of Axis Trustee Services Limited (as the Onshore Security Agent), Deutsche Bank AG, Singapore Branch (as the Agent) and DB International Trust (Singapore) Limited (as the Offshore Security Agent) acting on behalf of the Lenders.25.90 cr · 0.00% held19 Aug 26
PledgedCatalyst Trusteeship Limited, acting as the onshore security agent for Barclays Bank PLC, London Branch, The Hongkong and Shanghai Banking Corporation and JPMorgan Chase Bank, N.A. London Branch2.00 cr · 0.00% held20 Mar 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Court Convened Meeting · 10 Mar 2026
See the official result
1
Approval of the Scheme of Amalgamation amongst Quality Care India Limited and Aster DM Healthcare Limited and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013
Promoters had a personal stake in this
Backed by 94% of shareholders other than promotersneeded 75%
25.65 cr votes for, 1.60 cr against · 7% of mutual funds and other big investors said no
2
Approval of the Scheme of Amalgamation amongst Quality Care India Limited and Aster DM Healthcare Limited and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013
Promoters had a personal stake in this
Backed by 94% of shareholders other than promotersneeded 75%
25.65 cr votes for, 1.60 cr against · 7% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 8 named members
owning 53.7% between them · as of 2026-07-23
Bcp Asia Ii Topco Iv Pte.Ltd.29.71%
Union Investments Private Limited21.44%
Union (Mauritius) Holdings Limited2.29%
Azad Moopen Mandayapurath0.17%
Alisha Moopen0.03%
Naseera Azad0.03%
Zeba Azad Moopen0.03%
Ziham Moopen0.02%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.