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Aspira Pathlab & Diagnostics Ltd (540788)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 540788 NSE: Hospital & Healthcare Services | Small Cap | Aspira Pathlab&Diagn Share Price

₹97 4.00 (4.30%)

As on 04-Sep'26 16:59

Aspira Pathlab & Diagnostics Ltd (540788)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 540788 NSE: Hospital & Healthcare Services | Small Cap | Aspira Pathlab&Diagn Share Price

₹97 4.00 (4.30%)

As on 04-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹100 Cr.
Current Price
₹97
52-Week Low / High
₹49 / 136
TTM EPS
₹-0.4
TTM Sales
₹25.9 Cr.
Book Value per Share
₹11.9
P/E Ratio
0.00
Lower than its 5-year historical median
Industry PE
99.7
Price to Book (P/B)
8.19
Higher than its 5-year historical median
Price to Sales (P/S)
3.85
Higher than its 5-year historical median
EV/EBITDA
65.64
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
18.54%
Outperforms industry median
Return on Capital Employed (ROCE)
19.64%
Outperforms industry median
Return on Assets (ROA)
12.86%
Operating Profit Margin
16.2%
Net Profit Margin
9.42%
Gross Profit Margin
16.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
66.67%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
46.58%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹2 Cr.
Equity
₹10.3 Cr.
Face Value
₹10
All Time Low / High
₹14.15 / 135.88

Aspira Pathlab & Diagnostics stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Aspira Pathlab & Diagnostics Ltd a good quality company?
Aspira Pathlab & Diagnostics Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Aspira Pathlab & Diagnostics Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Aspira Pathlab & Diagnostics Ltd vs industry peers?
Aspira Pathlab & Diagnostics Ltd revenue CAGR is 21.18%, compared to the industry median CAGR of 3.54%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Aspira Pathlab & Diagnostics Ltd?
Promoters hold 46.58% of the Aspira Pathlab & Diagnostics Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Aspira Pathlab & Diagnostics Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 9.52% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Aspira Pathlab & Diagnostics Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 1.8%-25.4%-38.4%-34.5%-26.3%21.5%41.6%2.4%-18.5%19.6%-
Value Creation
Index
-0.9-2.8-3.7-3.5-2.90.52.0-0.8-2.30.4-

Growth Parameters

Sales 00.84.47.68.415.219.514.513.22226
Sales YoY Gr.-NA473.7%75.2%10.2%80.6%28.5%-26%-8.7%66.7%-
Adj EPS 0.1-5.3-10.8-6.3-4.61.34.3-0.1-2.62-0.4
YoY Gr.--4475%NANANANA223.1%-102.1%NANA-
BVPS (₹) 16.211.40.66.34.18.112.412.49.911.911.9
Adj Net
Profit
0-2.7-5.6-5.2-4.21.44.5-0.1-2.72.1-0
Cash Flow from Ops. -0.4-1.3-4.8-3.4-1.95.72-01.11.9-
Debt/CF from Ops. -7.2-5.7-2.4-2.2-4.20.20.4-80.210.6-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA21.2%4%66.7%
Adj EPS 37%NA-22.2%NA
BVPS-3.4%23.8%-1.5%20.5%
Share Price - 8.5% 36.7% 51.6%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
0.8-57-178.6-187.6-94.322.842.3-0.7-23.318.7-3.7
Op. Profit
Mgn %
0-339.5-88.9-42.5-21.723.132.311-916.23.8
Net Profit
Mgn %
0-359.1-128.1-67.9-50.49.122.8-0.6-20.29.5-1.8
Debt to
Equity
0.71.233.91.520.20.10.10.10.1-
Working Cap
Days
01,188353244224899117518712735
Cash Conv.
Cycle
040253229174580592916

Valuation of Aspira Pathlab&Diagn - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales00.764.367.648.4215.2119.5414.4613.2022
Operating Expenses + 0.233.348.2310.8810.2411.6913.2312.8614.3918.47
Manufacturing Costs0.030.200.650.840.832.481.781.081.963.41
Material Costs00.141.302.261.992.633.142.502.623.70
Employee Cost 0.081.613.424.474.954.035.025.596.207.33
Other Costs 0.131.382.853.312.482.553.293.703.614.04
Operating Profit -0.23-2.58-3.87-3.25-1.833.516.321.59-1.193.52
Operating Profit Margin (%) --339.0%-88.9%-42.5%-21.7%23.1%32.3%11.0%-9.0%16.0%
Other Income + 0.320.310.220.250.290.200.150.320.420.39
Exceptional Items 0000000000
Interest 0.050.260.800.961.010.890.370.420.370.35
Depreciation 00.201.121.231.661.441.641.591.541.49
Profit Before Tax 0.04-2.72-5.58-5.18-4.211.384.46-0.09-2.672.07
Tax 0.01-0000.0300000
Profit After Tax 0.03-2.72-5.58-5.18-4.241.384.46-0.09-2.672.07
PAT Margin (%) --359.0%-128.0%-67.9%-50.4%9.1%22.8%-0.6%-20.2%9.4%
Adjusted EPS (₹)0.1-5.3-10.8-6.3-4.61.34.3-0.1-2.62.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 3.645.920.335.193.808.3112.7912.7510.1412.22
Share Capital 2.255.195.198.199.2910.2910.2910.2910.2910.29
Reserves 1.390.72-4.86-3-5.49-1.982.502.46-0.151.92
Debt +2.626.7910.596.756.870.770.860.961.081.21
Long Term Debt03.1710.504.784.550.770.860.961.081.21
Short Term Debt2.623.610.091.962.3200000
Minority Interest0000000000
Trade Payables00.290.230.290.400.660.610.350.730.74
Others Liabilities 0.031.871.382.573.262.033.883.282.763.35
Total Liabilities 6.3014.8612.5314.8014.3411.7818.1417.3414.7117.51

Fixed Assets

Net Fixed Assets +0.047.797.918.908.707.759.578.016.796.53
Gross Block0.047.999.2311.4512.9113.4116.8716.8817.2018.31
Accumulated Depreciation00.201.332.554.215.667.298.8810.4111.78
CWIP 00.2500000000
Investments 0000000000.13
Inventories00.120.370.280.280.370.400.400.450.51
Trade Receivables0.060.090.350.800.601.704.492.342.242.35
Cash Equivalents 5.332.810.220.101.101.191.642.351.382.14
Others Assets 0.873.813.684.733.660.772.024.253.855.85
Total Assets 6.3014.8612.5314.8014.3411.7818.1417.3414.7117.51
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -0.37-1.29-4.81-3.39-1.875.672.03-0.011.051.88
PBT 0.04-2.72-5.58-5.18-4.211.384.46-0.09-2.672.07
Adjustment -0.020.151.711.992.402.362.401.801.771.78
Changes in Working Capital -0.331.29-0.94-0.19-0.031.93-4.83-1.731.96-1.97
Tax Paid -0.0500-0-0.0300000
Cash Flow From Investing Activity + -0.02-10.14-0.77-1.970.24-0.09-0.510.160.140.07
Capex -0.04-8.20-1-0.51-0.05-0.30-0.61-0.13-0.26-0.17
Net Investments 0-2.250-1.7100000-0.13
Others 0.020.310.220.250.290.200.090.290.400.37
Cash Flow From Financing Activity + 2.648.916.523.351.27-2.17-1.35-0.94-0.95-0.99
Net Proceeds from Shares 0505.102.8630000
Net Proceeds from Borrowing 2.623.177.33-6.29-0.23-3.780.090.100.120.13
Interest Paid 0-0.26-0.80-0.96-1.01-0.89-0.37-0.42-0.37-0.35
Dividend Paid 0000000000
Others 0.010.99-05.50-0.34-0.50-1.07-0.62-0.70-0.78
Net Cash Flow 2.25-2.520.94-2-0.353.410.17-0.790.240.95
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)0.76-57.04-178.61-187.57-94.3222.842.26-0.69-23.3418.54
ROCE (%)1.78-25.35-38.38-34.5-26.321.5241.632.4-18.4919.64
Asset Turnover Ratio00.070.320.560.581.161.310.820.821.37
PAT to CFO Conversion(x)-12.33N/AN/AN/AN/A4.110.46N/AN/A0.91
Working Capital Days
Receivable Days035.1018.5027.5030.4027.7057.8086.2063.3038.10
Inventory Days057.3020.5015.5012.107.707.2010.1011.708
Payable Days0736.3072.1041.7063.3073.9074.1069.8074.6072.30

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Aspira Pathlab & Diagnostics Ltd FAQs

The current trading price of Aspira Pathlab&Diagn on 04-Sep-2026 16:59 is ₹97.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Sep-2026 the market cap of Aspira Pathlab&Diagn stood at ₹99.84 Cr

The latest P/E ratio of Aspira Pathlab&Diagn as of 03-Sep-2026 is 0.00.

The latest P/B ratio of Aspira Pathlab&Diagn as of 03-Sep-2026 is 8.19.

The 52-week high of Aspira Pathlab&Diagn is ₹135.9 and the 52-week low is ₹49.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Aspira Pathlab&Diagn is ₹25.90 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Aspira Pathlab & Diagnostics Ltd is a below average quality company.

The key valuation ratios of Aspira Pathlab & Diagnostics Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Aspira Pathlab & Diagnostics Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Aspira Pathlab & Diagnostics Ltd

Aspira Pathlab & Diagnostics Limited is a public limited company incorporated and domiciled in India. The company is engaged in the business of running, owning, managing and administering Diagnostics Centers. The principal activities of the Company consist of pathology investigation services, radiology investigation services and other related healthcare services at Diagnostic Centres in Mumbai.

It has its registered office at Shraddhanand Road Opp. Ghatkopar Railway Station, Ghatkopar (West) Mumbai, Maharashtra, India.

The Board of Directors of the Company, which has been identified as being the chief operating decision maker (CODM), evaluates the Company’s performance, allocate resources based on the analysis of the various performance indicator of the Company as a single unit. 

Business area of the company

The Company is solely engaged in the business of running laboratories for carrying out Pathological investigations in various branches of Bio-chemistry, Hematology, Histopathology, Microbiology, Immuno-chemistry, Immunology, Virology, Cytology, other pathological and radiological investigations.

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