Dr Agarwals Eye Hospital Ltd - Stock Valuation and Financial Performance

BSE: 526783 | NSE: | Hospital & Healthcare Services | Small Cap

Dr Agarwals Eye Hsp Share Price

3,524 201.00 6.05%
as on 23-Apr'24 15:41

DeciZen - make an informed investing decision on Dr Agarwals Eye Hsp

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Dr Agarwals Eye Hospital stock performance -

mw4me loader
P/E Ratio (SA):
33.05
Market Cap:
1,561.8 Cr.
52-wk low:
1,130
52-wk high:
3,550

Is Dr Agarwals Eye Hospital Ltd an attractive stock to invest in?

1. Is Dr Agarwals Eye Hospital Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Dr Agarwals Eye Hospital Ltd is a good quality company.

2. Is Dr Agarwals Eye Hospital Ltd undervalued or overvalued?

The key valuation ratios of Dr Agarwals Eye Hospital Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Dr Agarwals Eye Hospital Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Dr Agarwals Eye Hospital 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 Dr Agarwals Eye Hsp:

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.
Dr Agarwals Eye Hospital Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 11.6%17.1%5.9%19.7%17.4%23.5%27.2%4.6%31.1%31.9%-
Value Creation
Index
-0.20.2-0.60.40.20.71.0-0.71.21.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 113118137149153170176140201268306
Sales YoY Gr.-4.9%15.6%8.8%3.2%10.9%3.5%-20.5%43.9%33.1%-
Adj EPS 5.512.1-0.116.214.525.328.7-35178.7100.5
YoY Gr.-119.2%-100.8%NA-10.5%74.2%13.3%-110.5%NA54.4%-
BVPS (₹) 40.450.649.862.674.697119.4116.3166.3241.2311.6
Adj Net
Profit
2.65.707.66.811.913.5-1.4243747
Cash Flow from Ops. 11.913.717.420.118.625.138.633.956.769.6-
Debt/CF from Ops. 2.321.81.2110.50.60.60.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 10.1%11.8%15%33.1%
Adj EPS 34.3%40.2%40%54.4%
BVPS22%26.5%26.4%45%
Share Price 48.6% 59.4% 123.4% 204.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
1526.6-0.228.921.229.526.5-2.636.138.636.4
Op. Profit
Mgn %
9.412.811.115.215.917.626.921.429.228.328
Net Profit
Mgn %
2.34.8-05.14.577.7-111.913.815.4
Debt to
Equity
1.51.11.30.80.50.50.30.40.40.4-
Working Cap
Days
1171181141121171241311501039231
Cash Conv.
Cycle
-6-13-12-17-22-21-9-13-29-31-4

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 36.40%

Sales growth is growing at healthy rate in last 3 years 15.04%

Net Profit is growing at healthy rate in last 3 years 40.00%

Sales growth is good in last 4 quarters at 20.44%

No data to display

Latest Financials - Dr Agarwals Eye Hospital Ltd.

Standalone Consolidated
TTM EPS (₹) 100.5 -
TTM Sales (₹ Cr.) 306 -
BVPS (₹.) 311.6 -
Reserves (₹ Cr.) 142 -
P/BV 10.67 -
PE 33.05 -
From the Market
52 Week Low / High (₹) 1130.00 / 3550.00
All Time Low / High (₹) 2.10 / 3550.00
Market Cap (₹ Cr.) 1,562
Equity (₹ Cr.) 4.7
Face Value (₹) 10
Industry PE 84.5

Management X-Ray of Dr Agarwals Eye Hsp:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *99.1498.4459.7659.8499.8099.8099.8039.9539.950.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Dr Agarwals Eye Hsp

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales113118137149153170176140201268
Operating Expenses 102103121126129140129110143192
Manufacturing Costs25374544455051466283
Material Costs30161818181922162330
Employee Cost 23233032323436323953
Other Costs 24272831343720151926
Operating Profit 10151522243047305976
Operating Profit Margin (%) 9.1%12.8%11.1%15.0%15.8%17.6%26.8%21.3%29.1%28.2%
Other Income 3002223212
Interest 4454349778
Depreciation 66119101121192020
Exceptional Items 0000000000
Profit Before Tax 4501113172063249
Tax 10-147667812
Profit After Tax 260771214-12437
PAT Margin (%) 2.2%4.8%0.0%4.9%4.4%7.0%7.8%-1.0%12.0%13.8%
Adjusted EPS (₹)5.212.10.115.614.425.429.1-3.151.378.6
Dividend Payout Ratio (%)23%10%1,024%10%8%6%0%0%6%4%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 192423293546565578113
Share Capital 5555555555
Reserves 141919253041515073109
Minority Interest0000000000
Debt21232416101813172740
Long Term Debt121518135138102136
Short Term Debt9863555764
Trade Payables11161814181514182627
Others Liabilities 164192233418378203242
Total Liabilities 6767848196120166167333422

Fixed Assets

Gross Block687587374978138158295365
Accumulated Depreciation42485341323446281104
Net Fixed Assets2626343336559496214260
CWIP 001130002662
Investments 0000000000
Inventories810106768566
Trade Receivables66977979910
Cash Equivalents 3223257222928
Others Assets24222831404551364955
Total Assets 6767848196120166167333422

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 12141720192539345770
PBT 450713172063249
Adjustment 10101515131328272727
Changes in Working Capital -2151-23-3465
Tax Paid 0-2-3-3-5-8-7-3-9-12
Cash Flow From Investing Activity -11-10-17-8-11-25-17-11-46-71
Capex -11-11-17-8-11-25-17-11-46-71
Net Investments 0000000000
Others -1101100000
Cash Flow From Financing Activity -3-50-12-82-20-8-40
Net Proceeds from Shares 2000000000
Net Proceeds from Borrowing -106-5-76-621120
Interest Paid -3-3-4-3-3-3-3-2-2-2
Dividend Paid -1-1-10-1-1-100-1
Others 0-1-2-320-10-7-13-17
Net Cash Flow -3-100022157-1
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)14.0526.670.1627.7821.0229.5526.91-2.636.2938.56
ROCE (%)16.5818.817.728.2631.734.339.8716.9242.442.98
Asset Turnover Ratio1.731.771.81.81.731.571.230.840.80.71
PAT to CFO Conversion(x)62.33N/A2.862.712.082.79N/A2.381.89
Working Capital Days
Receivable Days16182019161716201613
Inventory Days2528272016151517108
Payable Days138307345321316313239352347321

Dr Agarwals Eye Hospital Ltd Stock News

Dr Agarwals Eye Hospital Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Dr Agarwals Eye Hsp on 23-Apr-2024 15:41 is ₹3,524.
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 23-Apr-2024 15:41 the market cap of Dr Agarwals Eye Hsp stood at ₹1,561.8.
The latest P/E ratio of Dr Agarwals Eye Hsp as of 23-Apr-2024 15:41 is 33.05.
The latest P/B ratio of Dr Agarwals Eye Hsp as of 23-Apr-2024 15:41 is 10.67.
The 52-week high of Dr Agarwals Eye Hsp is ₹3,550 and the 52-week low is ₹1,130.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Dr Agarwals Eye Hsp is ₹305.9 ( Cr.) .

About Dr Agarwals Eye Hospital Ltd

Dr.Agarwal's Eye Hospital has been promoted by Dr.J.Agarwal and his family members in 1994. Though the entire family has been in the profession of providing total eye care solutions for almost five decades prior to this, through various private limited company and partnership firms, owned by the family members. The Hospital has always been at the forefront of every medical advancement in the field of Ophthalmic care in the world and has several firsts to its credit. The Hospital is engaged in conducting continuous training and research and development programs and has over a period, developed an excellent team of highly skilled Ophthalmic specialists and surgeons, to assist in its growth plans.

The Hospital, after notching up an impressive success in TamilNadu, Anthra Pradesh and Rajasthan, is embarking on a major expansion program to increase its footprint to other parts of the country and renovation of its flagship facility at Chennai.

Dr. Agarwal's Eye Hospital is listed as 'A Major Eye Centre of the World' by The International Congress of Ophthalmology

Services offered by the company:

  • Intralase Surgery
  • Zyoptix / Lasik Laser
  • Customise your Eyes
  • Cataract Surgery
  • Phaco / Zyoptix Professional

Achievements/ recognition:-

1997:Prof.Amar Agarwal awarded at Coimbatore on 17/08/1997 for the CME conference speaking on lasik laser.

1998:Siva Reddy AwardProf.Amar Agarwal awarded at trichur-30.08.98- by the kerala state oph­thalmic conference for the best paper award- on favit- a new technique to remove dropped nuclei.

2003:Sandeep Wagh Gold MedalProf.Amar Agarwal awarded BY Pune Opthalmic Society and national institute of Opthalmology for his invention of PHAKONIT at Pune on 24th Aug 2003.

L V Pasricha Gold MedalProf. Amar Agarwal awarded by Haryana Opthalmic academy at the 18th anual conference at Haryana Opthalmic conference,Karnal on 25th May 2003 by Hon'ble shri.I D Swami, Minister of state of Home Affairs for the invention of Phakonit Technique.

2005:Outstanding Achievement AwardProf.Amar Agarwal awarded by Bombay ophthalmological association for his invention of microphakonit.This award was presented to him during their annual conference held from 4-6 November 2005 at Mumbai.

2006:Padmabushan Award Prof.Dr.J.Agarwal Receiving Padmabushan award from Hon'ble Dr.J.Abdul Kalam,President of India.

Rajiv Gandhi / G K Moopanar AwardProf.Amar Agarwal awarded by hon'ble union minister of state Mr.G.K.Vasan for his invention of mocrophanpkit.This award was presented to him during a meeting held on 26th aug.2006 at Chennai.

2007:Champion of Humanity AwardProf.Amar Agarwal awarded by Hindustan chamber of commerce for his contribution towards community ophthalmology.  This was presented to him by mr.vijaikumar bafna, president – Hindustan chamber of commerce on 2nd November 2007 at Chennai.

2008:Gold MedalProf.Amar Agarwal awarded the GOLD MEDAL by Bombay ophthalmic association at Mumbai on 20th September 2008.  This was given to him for his new innovation – glued iol.

Scientific Innovation AwardProf. Amar Agarwal awarded by the south Asian academy of opthalmology congress at Delhi on 23rd August 2008. This was awarded to him for his innovations in opthalmology.

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