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Aster DM Quality Care Ltd.

ASTERDMHealthcare filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

17 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 17 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT202205312022-03-31yes
TRANSCRIPT202208192022-06-30yes
TRANSCRIPT202211172022-09-30yes
TRANSCRIPT202302222022-12-31yes
TRANSCRIPT202306022023-03-31yes
TRANSCRIPT202308222023-06-30yes
TRANSCRIPT202402162023-12-31yes
TRANSCRIPT202406042024-03-31yes
TRANSCRIPT202408082024-06-30yes
TRANSCRIPT202410302024-09-30yes
TRANSCRIPT202502102024-12-31yes
TRANSCRIPT202505282025-03-31yes
TRANSCRIPT202508072025-06-30yes
TRANSCRIPT202511142025-09-30yes
TRANSCRIPT202602092025-12-31yes
TRANSCRIPT202605082026-03-31yes
TRANSCRIPT202608122026-06-30yes

ASTERDM

files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisiongeneral
Scope servedconsolidated
Panels on this page4

Market

No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.

Last close768.65
52-week range537.95 – 869.7
Return 1M0.44%
Return 3M-0.05%
Return 1Y21.5%
Return 3Y133.88%
Return 5Y260.11%
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations1,311.00
Other income37.00
Total income1,348.00
Cost of materials consumed0.00
Purchases of stock-in-trade300.00
Changes in inventories-9.00
Employee benefit expense242.00
Finance costs31.00

Ownership — 2026-07-13, and the change from 2026-06-30

HolderPer centChange
promoter and promoter group0.540.13
institutions foreign0.10-0.00
institutions domestic0.16-0.11
mutual funds0.16-0.11
public0.46-0.13

Documents on file

ClassMost recentOn file
TRANSCRIPT2026-06-3017

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2022-09-302022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations2,816.003,192.003,262.003,215.003,317.003,711.00974.001,002.001,086.001,050.001,000.001,078.001,197.001,186.001,182.001,311.00
Other income18.009.0014.009.009.008.004.0049.0035.0033.0031.0033.0028.0028.0036.0037.00
Total income2,835.003,201.003,276.003,225.003,325.003,719.00978.001,051.001,122.001,083.001,032.001,111.001,225.001,214.001,219.001,348.00
Cost of materials consumed0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Purchases of stock-in-trade914.001,018.00963.001,076.001,052.001,116.00230.00225.00245.00232.00218.00247.00271.00270.00259.00300.00
Changes in inventories-75.00-63.00-36.00-110.00-93.00-45.002.003.00-7.0015.007.00-0.00-0.00-3.004.00-9.00
Employee benefit expense995.001,043.00988.001,091.001,130.001,162.00171.00190.00193.00194.00183.00195.00212.00221.00220.00242.00
Finance costs77.0087.0096.0099.00102.0099.0030.0029.0031.0031.0032.0031.0031.0031.0030.0031.00
Depreciation and amortisation189.00198.00219.00217.00227.00232.0058.0060.0062.0062.0064.0063.0066.0068.0067.0069.00
Other expenses663.00746.00842.00771.00850.00913.00412.00419.00436.00420.00400.00429.00464.00486.00467.00512.00
Total expenses2,764.003,028.003,071.003,144.003,268.003,477.00902.00928.00960.00954.00905.00964.001,044.001,074.001,047.001,147.00
Profit before exceptional items and tax71.00172.00205.0081.0057.00242.0075.00123.00161.00129.00127.00147.00181.00140.00172.00201.00
Exceptional items0.000.000.000.00-55.000.000.000.000.00-24.00-26.00-4.00-0.00-28.000.00-114.00
Profit before tax71.00172.00205.0081.002.00242.0075.00123.00161.00105.00101.00142.00181.00112.00172.0086.00
Current tax28.0025.0024.005.0030.0035.00-16.0030.0046.0031.0018.0044.0047.0059.0036.0057.00
Deferred tax-11.00-11.00-1.0048.00-20.00-10.0047.009.006.007.00-13.00-1.00-1.00-15.00-27.00-8.00
Tax expense17.0014.0023.0053.0010.0024.0031.0039.0053.0037.005.0043.0046.0044.0010.0049.00
Profit for the period54.00159.00183.0020.00-15.00209.00-2.005,152.00106.0064.0086.0094.00121.0059.00154.0029.00
Profit attributable to owners46.00139.00171.005.00-31.00179.00-24.005,145.0097.0057.0079.0086.00110.0052.00140.0016.00
Profit attributable to non-controlling interests8.0020.0012.0015.0015.0030.0022.007.009.008.007.008.0011.006.0013.0013.00
Other comprehensive income63.0033.0025.00-3.0028.00-0.0021.000.00-0.00-0.00-2.00-0.000.00-2.003.000.00
Total comprehensive income117.00192.00208.0017.0013.00209.0019.005,152.00106.0064.0084.0093.00122.0057.00156.0029.00
Earnings per share, basic0.932.803.430.10-0.623.60-0.48103.341.941.141.591.672.131.022.720.31
Earnings per share, diluted0.932.803.430.10-0.623.60-0.48103.191.941.141.581.672.131.022.710.31

Annual results, as filed

Line2019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Revenue from operations7,963.008,738.008,608.0010,253.0011,933.003,699.004,138.004,643.00
Other income35.0038.0050.0051.0078.0025.00148.00126.00
Total income7,997.008,776.008,658.0010,304.0012,011.003,724.004,287.004,769.00
Cost of materials consumed0.000.000.000.000.000.000.000.00
Purchases of stock-in-trade2,525.002,864.002,437.003,068.003,812.00928.00920.001,048.00
Changes in inventories-105.00-229.00112.00-177.00-280.00-12.0018.001.00
Employee benefit expense2,688.002,904.002,755.003,264.003,965.00676.00760.00848.00
Finance costs179.00360.00294.00257.00329.00110.00124.00123.00
Depreciation and amortisation306.00586.00618.00641.00780.00220.00249.00264.00
Other expenses1,992.001,941.002,241.002,614.002,871.001,529.001,675.001,845.00
Total expenses7,585.008,426.008,457.009,668.0011,477.003,451.003,747.004,129.00
Profit before exceptional items and tax412.00350.00202.00636.00534.00273.00540.00639.00
Exceptional items-2.00-20.000.000.000.000.00-50.00-33.00
Profit before tax410.00330.00202.00636.00534.00273.00490.00607.00
Current tax45.0028.0022.0044.0086.0032.00126.00186.00
Deferred tax-2.00-13.006.00-8.00-26.0024.009.00-43.00
Tax expense43.0015.0027.0036.0060.0057.00134.00143.00
Profit for the period367.00315.00178.00601.00475.00212.005,408.00427.00
Profit attributable to owners333.00277.00148.00526.00425.00129.005,378.00388.00
Profit attributable to non-controlling interests34.0038.0030.0075.0051.0082.0030.0039.00
Other comprehensive income62.00145.00-50.0093.00199.0046.00-2.000.00
Total comprehensive income430.00459.00128.00694.00674.00258.005,406.00427.00
Earnings per share, basic6.635.512.9710.588.552.60107.987.53
Earnings per share, diluted6.625.502.9710.578.542.60107.857.52

Balance sheet, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Total assets13,646.0014,881.0015,708.0017,991.006,688.006,606.007,808.008,112.00
Non-current assets9,213.009,960.0010,513.003,826.004,590.004,705.005,932.006,164.00
Current assets4,433.004,922.005,195.00565.002,098.001,901.001,877.001,948.00
Property, plant and equipment3,943.004,629.007,884.002,880.003,571.003,628.003,732.002,619.00
Capital work-in-progress712.00255.00395.00170.00231.00291.00401.00413.00
Goodwill1,193.001,160.001,195.00264.00264.00264.00264.00264.00
Other intangible assets2,768.003,264.00337.0031.0026.0028.0023.0019.00
Inventories1,206.001,306.001,509.00111.00114.0092.0092.0091.00
Trade receivables2,230.002,336.002,355.00233.00262.00258.00313.00307.00
Cash and cash equivalents222.00379.00434.0082.00915.00165.00196.00228.00
Total equity and liabilities13,646.0014,881.0015,708.0017,991.006,688.006,606.007,808.008,112.00
Equity4,686.004,860.004,809.005,030.003,602.003,651.004,772.004,834.00
Equity share capital497.00500.00500.00500.00500.00500.00518.00518.00
Other equity3,649.003,949.003,874.004,060.002,936.002,929.004,015.004,058.00
Total liabilities8,960.0010,021.0010,900.0012,961.003,086.002,955.003,037.003,278.00
Non-current liabilities4,748.005,365.005,528.001,673.001,997.002,076.002,144.002,299.00
Current liabilities4,212.004,655.005,372.00871.001,090.00879.00893.00979.00
Borrowings, non-current1,398.001,312.001,173.00446.001,746.00484.00484.00558.00
Borrowings, current931.00975.001,196.00223.00194.00158.00156.00143.00
Trade payables2,468.002,988.003,258.00459.00512.00426.00488.00482.00

Cash flow, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Net cash from operating activities734.001,834.00818.00158.00202.00425.00319.00656.00
Net cash from investing activities-447.00-972.00-419.00-885.006,774.006,015.00-75.00-288.00
Net cash from financing activities-382.00-817.00-341.001,053.00-6,143.00-6,358.00-214.00-304.00
Purchase of property, plant and equipment309.00717.00358.00797.00164.00346.00232.00469.00
Net increase in cash-79.0066.0062.00332.00832.0082.0031.0063.00
con:CFO.BEFORE_TAX766.001,893.00872.00229.00260.00540.00388.00816.00
con:INTEREST_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:INTEREST_PAID.OPERATING0.000.000.000.000.000.000.000.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:TAX_PAID.OPERATING32.0059.0054.0071.0059.00115.0069.00160.00
con:CF_OTHER.OPERATING0.000.000.000.000.000.000.000.00
con:INVESTMENTS_PURCHASED70.000.0058.000.000.008.003.003.00
con:INVESTMENTS_SOLD0.000.000.000.000.000.000.000.00
con:PPE_DISPOSALS-4.009.00-1.0047.001.002.001.001.00
con:CF_INVESTING.SUBSIDIARIES_SOLD0.000.000.000.007,563.007,563.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED28.0017.000.000.0030.000.000.000.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.000.000.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-04-292025-06-302025-09-302025-12-312026-03-312026-06-302026-07-13
Promoter and promoter group41.8841.8841.8841.8841.8841.8841.8940.3840.390.400.400.400.400.54
Domestic institutions7.647.1513.7016.3520.9122.9124.5924.6325.280.260.260.280.280.16
Mutual funds————————23.870.250.250.260.270.16
Insurance companies0.020.040.100.360.250.190.740.630.960.010.010.010.010.00
Foreign institutions40.2141.0033.4827.0823.8522.6221.6623.6219.640.190.180.170.110.10
Government————————0.000.000.000.000.000.00
Public57.7057.7557.7757.8057.8257.8457.8559.3759.360.590.590.590.600.46
Non-institutional9.859.6010.5914.3813.0612.3111.6011.1114.440.140.150.150.210.19
Shares outstanding499513060499513060499513060499513060499513060499513060499513060518121029518121029518121029518121029518121029518121029871672439

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
Aster Clinical Lab LLPSubsidiariesAny other transaction, Interest received, Loan, Purc376,900,000.009
Hindustan Pharma Distributors Private LimitedSubsidiariesAny other transaction, Interest received, Loan, Purc215,800,000.009
Alfaone Medicals Private LimitedAssociatesAny other transaction, Loan200,000,000.002
DM Education and Research FoundationOther related partyAny other transaction, Sale of goods or services145,800,000.004
Sri Sainatha Multi Speciality Private LimtedSubsidiariesAny other transaction, Interest received, Loan, Purc141,900,000.005
Aster DM Multispecialty Hospital Private LimitedSubsidiariesAny other transaction, Interest received, Loan90,500,000.006
Malabar Institute of Medical Sciences LimitedSubsidiariesAny other transaction, Purchase of goods or services63,200,000.004
Dr. Azad MoopenKey management personnel of entityAny other transaction, Remuneration47,500,000.002
DM Med City Hospitals (India) Private LimitedSubsidiariesAny other transaction, Interest received, Loan38,500,000.007
Aster DM Healthcare FZCOther related partyAny other transaction29,300,000.002
Prerana Hospital LimitedSubsidiariesAny other transaction, Sale of goods or services12,500,000.005
Mr. Sunil Kumar M RKey management personnel of entityAny other transaction, Remuneration11,400,000.002
Dr. Moopens Healthcare Management Services LLCOther related partyAny other transaction10,700,000.003
Ambady Infrastructure Private LimitedSubsidiariesAny other transaction, Interest received, Loan, Purc10,100,000.006
Aster Shared Services Centre PVT LTDOther related partyAny other transaction9,900,000.002

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2026-08-12Q1FY27Read the call
2026-05-08Q4FY26Read the call
2026-02-09Q3FY26Read the call
2025-11-14Q2FY26Read the call
2025-08-07Q1FY26Read the call
2025-05-28Q4FY25Read the call
2025-02-10Q3FY25Read the call
2024-10-30Q2FY25Read the call
2024-08-08Q1FY25Read the call
2024-06-04Q4FY24Read the call
2024-02-16Q3FY24__________________________________________________________________________Read the call
2023-08-22Q1FY24Mr. Balachander RRead the call
2023-06-02Q4FY23Mr. Balachander RRead the call
2023-02-22Q3FY23Mr. Balachander RRead the call
2022-11-17Q2FY23Read the call
2022-08-19Q1FY23Read the call
2022-05-31Q4FY22Read the call

What they said about it, quarter by quarter

TopicQ1FY24Q3FY23Q3FY24Q4FY23Q4FY24
CapexAnd to add wherever the specialties are lacking, trying to get a new doctor, a new specialty want to start, so only those CapEx we incur, nothing more…So considering all those things and also the Capex investment is very low.To capitalize on the vast population and low hospital bed densities, we are strategically investing in significant capital expenditure, aiming for tot…—Coming over to our capex investments, we have added 550+ beds during the year which includes 286 beds in Whitefield, Bangalore.
Capital allocation——Moving forward, post the successful closing of the proposed transaction, our intention, as published earlier is to distribute between 70% to 80% of th…So, if you look at – you mentioned about the part being distributed as dividend but if we see Indian assets, they have gone up significantly higher in…I am delighted to mention that we have distributed ~80% of the receipts from the sale of GCC business, as a special dividend of INR 118 per share, und…
Costs——The strong growth extended across both the Indian and the GCC regions and was further amplified by various cost-saving initiatives as well.——
Debt and cash—How should we think about the debt evolution in India -- net debt?GCC net debt stands at USD 155 million as at 31st December 2023 compared to USD 163 million as at 31 March 2023.When I look at the lease payments from your cash flow statement, it has gone up sharply.Hospital and clinic segment excluding O&M asset-light hospitals, ROCE rose to 24% from 20.9% in FY23. Matured hospitals saw an impressive increase in …
Demand——Second part is, out of the pipeline of 1,700 beds, how much is it brownfield and greenfield?—Identifying the significant demand-supply gap in India's healthcare sector reinforces the confidence in our approach.
GuidanceSo considering that we expect this quarter to do very well.Alisha had alluded to some of the empanelment that are open, which we expect to come sometime between quarter 4 of this financial year and quarter 1 o…Whitefield was a new unit started, the cash burn what we expected compared to that we are doing really well there.So, when can we anticipate these hospitals to come to a breakeven level and witness positive cash flow?Is it possible to give some guidance on the price hikes for last year and also outlook for the next year and how ARPOBs are looking like for the next …
MarginIt's in the nature of a deferred tax liability provision, it's a non-cash item put below the EBITDA line, and the reason for that is because as the ne…If I look at GCC and India combined, this loss in 9 months at EBITDA level is around INR 66 crores.Our operating EBITDA has surged by 24% to INR 415 crores, with EBITDA margins standing at 15% this quarter versus 13.8% in Q3 FY23 due to better perfo…Is it like around 10 times to 12 times EBIT to EBITDA.Now, coming to the overall India long-term performance, over the last five years, our India operations have experienced significant growth, with a com…
People——I suppose there is an utilization level reaches to close to 60% to 70% odd, just to get an idea of that, how impactful the contribution is going to be…Yes, potentially, yes, because we are looking at – for mature hospital utilization of 54%.Nursing attrition, and shortage of nursing is an industry problem.
PricingAt the same time, there are certain price increase also, we have taken.—So, there is a head route to correct the pricing.On the pricing front, is it a stable environment that you're seeing?This growth has been achieved through revenue assurance, price increase, and improved case mix.
Revenue growth—So as on a Y-o-Y basis, the revenue is largely flat and the outpatient seems largely at a decent growth at 7%, 8%, but the revenue per outpatient seem…Aster DM Healthcare Limited – Investors Conference Call on Q3 and 9M FY24 results Page 5 of 33 As a result, our operating EBITDA has exhibited robust …—Our India revenue experienced significant growth during the year with the growth 24% YoY, surging to INR 3,699 crores, supported by addition in bed ca…

What they said they would do

Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.

DateQuarterWhoWhat they said
2023-02-22Q3FY23Mr. Balachander RAs per the previous guidance we've given, we expect to incur around INR 250 crores to INR 300 crores going forward, also considering we have got almost 1,800 beds in pipeline.