Aashka Hospitals Ltd - Stock Valuation and Financial Performance

BSE: 543346 | NSE: | Hospital & Healthcare Services | Small Cap

Aashka Hospitals Share Price

111.35 -1.55 -1.37%
as on 11-Oct'24 16:01

DeciZen - make an informed investing decision on Aashka Hospitals

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Aashka Hospitals stock performance -

mw4me loader
P/E Ratio (SA):
110.51
Market Cap:
260.6 Cr.
52-wk low:
45.9
52-wk high:
126.6

Is Aashka Hospitals Ltd an attractive stock to invest in?

1. Is Aashka Hospitals Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Aashka Hospitals Ltd is a average quality company.

2. Is Aashka Hospitals Ltd undervalued or overvalued?

The key valuation ratios of Aashka Hospitals Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Aashka Hospitals Ltd a good buy now?

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

10 Year X-Ray of Aashka Hospitals:

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.
Aashka Hospitals Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 14.5%11.7%13.1%6.4%0.4%4.9%-
Value Creation
Index
0.0-0.2-0.1-0.5-1.0-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 27.727.240.739.718.922.923
Sales YoY Gr.--1.6%49.4%-2.4%-52.3%20.8%-
Adj EPS 0.80.82.31-1.111
YoY Gr.--2.5%197.4%-56.3%-210%NA-
BVPS (₹) 913.516.341.340.241.241.2
Adj Net
Profit
1.41.44.12.3-2.62.42
Cash Flow from Ops. 10.1-114.5-62.617.2-
Debt/CF from Ops. 3.3-32.21.9-0.5292.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA-3.7%-17.5%20.8%
Adj EPS NA5%-23.9%NA
BVPSNA35.7%36.4%2.5%
Share Price - - 33.7% 95.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
8.9715.43.7-2.72.52.5
Op. Profit
Mgn %
34.431.624.521.61.920NAN
Net Profit
Mgn %
4.95.110.15.9-13.610.310.3
Debt to
Equity
2.21.310.30.30.2-
Working Cap
Days
01191094241,5321,2420
Cash Conv.
Cycle
0282937104490

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 2.50%

Sales growth has been subdued in last 3 years -17.47%

Net Profit has been subdued in last 3 years -23.88%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Aashka Hospitals Ltd.

Standalone Consolidated
TTM EPS (₹) 1 -
TTM Sales (₹ Cr.) 22.9 -
BVPS (₹.) 41.2 -
Reserves (₹ Cr.) 73 -
P/BV 2.71 -
PE 110.51 -
From the Market
52 Week Low / High (₹) 45.91 / 126.55
All Time Low / High (₹) 36.30 / 126.55
Market Cap (₹ Cr.) 261
Equity (₹ Cr.) 23.4
Face Value (₹) 10
Industry PE 40.4

Management X-Ray of Aashka Hospitals:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Aashka Hospitals

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales282741401923
Operating Expenses 181931311918
Manufacturing Costs99171477
Material Costs347633
Employee Cost 445533
Other Costs 223755
Operating Profit 10910905
Operating Profit Margin (%) 34.4%31.6%24.5%21.6%1.9%20.0%
Other Income 000034
Interest 653333
Depreciation 333333
Exceptional Items 000000
Profit Before Tax 1143-33
Tax 000000
Profit After Tax 1142-32
PAT Margin (%) 4.9%5.1%10.1%6.0%-13.6%10.3%
Adjusted EPS (₹)0.80.82.31.0-1.11.0
Dividend Payout Ratio (%)0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 152429979496
Share Capital 171818232323
Reserves -2611737173
Minority Interest000000
Debt262722232214
Long Term Debt25252017168
Short Term Debt122666
Trade Payables324232
Others Liabilities 116108109
Total Liabilities 546065129128121

Fixed Assets

Gross Block565664666666
Accumulated Depreciation91214172023
Net Fixed Assets464449484543
CWIP 000000
Investments 000000
Inventories011100
Trade Receivables377875
Cash Equivalents 143132
Others Assets245717271
Total Assets 546065129128121

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 10-115-6317
PBT 1143-33
Adjustment 876632
Changes in Working Capital 0-104-7113
Tax Paid 000000
Cash Flow From Investing Activity 00-8-20-1
Capex 00-8-20-1
Net Investments 000000
Others 000000
Cash Flow From Financing Activity -94-8631-8
Net Proceeds from Shares 3716500
Net Proceeds from Borrowing -71-5-3-1-8
Interest Paid -6-5-3-3-3-3
Dividend Paid 000000
Others 010453
Net Cash Flow 13-1-22-1
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)8.876.9715.43.76-2.72.48
ROCE (%)14.5411.7213.126.380.424.89
Asset Turnover Ratio0.510.480.650.410.150.18
PAT to CFO Conversion(x)10-13.75-31.5N/A3.5
Working Capital Days
Receivable Days4668637014193
Inventory Days675596
Payable Days297262187187295302

Aashka Hospitals Ltd Stock News

Aashka Hospitals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Aashka Hospitals on 11-Oct-2024 16:01 is ₹111.3.
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 11-Oct-2024 16:01 the market cap of Aashka Hospitals stood at ₹260.6.
The latest P/E ratio of Aashka Hospitals as of 11-Oct-2024 16:01 is 110.5.
The latest P/B ratio of Aashka Hospitals as of 11-Oct-2024 16:01 is 2.71.
The 52-week high of Aashka Hospitals is ₹126.5 and the 52-week low is ₹45.91.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Aashka Hospitals is ₹22.87 ( Cr.) .

About Aashka Hospitals Ltd

The company is certified by National Accreditation Board for Hospitals and Healthcare Providers (NABH Accredited) for tertiary and apical care level hospital in Gujarat. It is an integrated healthcare service provider, committed to deliver quality healthcare services to its patients in modern facilities that includes prevention, best treatment and proper rehabilitation. The company decided to step-up its support in the fight against COVID-19 and was a designated COVID-19 treatment hospital. With the support of its doctors and staffs, it has treated more than 2000 COVID-19 patients. The company is a growing organization that aims at strengthening and establishing itself as the foremost healthcare services provider. It strives to serve with its ultra-modern medicinal practices and state of the art infrastructure for medical as well as surgical care solutions.

The company has a team of medical practitioners who ensures that patients get the quality healthcare services. Its dedicated team is trained to take care of the patients and handle all kinds of emergencies. Its healthcare staff members comprise of Medical Director, Quality Manager, Clinical pharmacist, Microbiologist, Medical Officers, Clinical Assistants, Infection Control Nurse, Nursing staff, Attendants, Technicians, Dietician/Nutritionist, Medical Transcriber, Biomedical Engineers. It is associated with Companies, Organization, University and Institute for providing regular healthcare check-up facilities to their employees and their Post-Graduation Students at affordable rates. It has entered into Memorandum of Understanding with Blood Banks like Shraddhadeep Blood Bank and Sanjivani Blood Bank (Vol.) and Apheresis Centre from whom it procure blood and blood components to the meet the needs of patients admitted at its hospital. Also, it has associations and affiliations with major Insurance Companies that processes insurance claims admissible under the Mediclaim policy for its patients.

Business area of the company

Aashka Hospital is an integrated healthcare service provider that offers the best quality of healthcare facilities including prevention, best treatment, and rehabilitation.

Awards, Accreditations or Recognition

  • 2019: The company has issued a certificate of accreditation by NABH for being compliant with NABH pre-accreditation entry level hospital requirements.
  • 2021: Received certificate of appreciation for hardwork and appreciation from Dr. Justice Ashokkumar Joshi (Judge High Court of Gujarat Sola, Ahmedabad).

Major Events

  • 2012: Incorporation of Company as a private company in the name of ‘Aashka Hospitals Private Limited’.
  • 2018: Conversion of Private Company to Public Company in the name and style of ‘Aashka Hospitals Limited’.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.