Aster DM Healthcare Ltd
About
Aster DM Healthcare began as a single clinic in Al Rafa, Dubai, by Dr. Azad Moopen in 1987. Today, the company has expanded to include hospitals, clinics, pharmacies, and healthcare platforms in the Gulf Cooperation Council countries and India. Wellth, an Aster healthcare venture, offers functional medicine, Ayurveda, yoga, acupuncture, and homoeopathic treatments to its consumers. The company has initiated patient-reported outcome measures (PROMs) to allow patients to measure how they perceive their own health and well-being in response to Aster’s medical treatment. Aster also collaborates with universities and health agencies to provide specialised training, residencies, and internships to aspiring healthcare professionals in countries like the UAE, Qatar, Bahrain, Saudi Arabia, and Oman.
Featured In Fortune India Ranking
Financial Data 2024
Fortune India Coverage
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 3742 10.9% | 3373 -67.8% | 10481 22.6% | 8550 -4.1% | 8919 10.1% | 8102 15.8% | 7000 4.8% | 6679 24.3% | 5375 33.9% | 4015 36.9% | 2932 48.3% | 1977 - | 3 93.3% | 2 - |
| Net Operating Income (INR Cr) | 3699 23.54% | 2994 -70.80% | 10253 19.11% | 8608 -0.50% | 8652 8.65% | 7963 18.47% | 6721 13.32% | 5931 12.98% | 5250 35.45% | 3876 34.99% | 2871 49.40% | 1922 0.00% | 0 -72.90% | 1 0.00% |
| Profit (INR Cr) | 129 -69.6% | 425 -19.2% | 526 256.0% | 148 -46.6% | 277 -17.0% | 333 23.9% | 269 164.2% | 102 1139.5% | 8 -97.0% | 272 53.1% | 178 93.7% | 92 - | -7 - | -4 - |
| Assets (INR Cr) | 6703 -40.3% | 11221 14.7% | 9787 7.9% | 9069 -7.7% | 9824 41.5% | 6942 17.8% | 5892 10.6% | 5330 21.1% | 4400 25.0% | 3521 51.0% | 2332 36.9% | 1704 266.1% | 465 340.9% | 106 - |
| Net Worth (INR Cr) | 3767 3.1% | 3656 2.1% | 3579 6.1% | 3372 3.1% | 3272 1.8% | 3214 13.5% | 2832 51.0% | 1875 346.9% | 420 -71.7% | 1484 63.1% | 910 16.9% | 779 0.0% | 465 416.8% | 90 0.0% |
| Employee Cost (INR Cr) | 676 24.7% | 542 -83.4% | 3264 18.5% | 2755 -5.1% | 2904 8.0% | 2688 18.4% | 2271 10.5% | 2055 26.1% | 1629 41.2% | 1154 45.8% | 791 54.0% | 514 - | 0 - | 0 - |
| Interest Cost (INR Cr) | 119 | 96 | 307 | 334 | 391 | 205 | 204 | 371 | 189 | 79 | 48 | 45 | 0 | 0 |
| Cash & Bank Balance (INR Cr) | 113 | 429 | 380 | 281 | 177 | 341 | 300 | 152 | 267 | 304 | 325 | 201 | 124 | 4 |
| Total Debt (INR Cr) | 1384 | 5700 | 4907 | 4804 | 5605 | 2788 | 2352 | 2758 | 3321 | 1091 | 886 | 505 | 0 | 15 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 3.5% | 12.6% | 5.0% | 1.7% | 3.1% | 4.1% | 3.8% | 1.5% | 0.2% | 6.8% | 6.1% | 4.6% | - | - |
| Profit As % Of Assets | 1.9% | 3.8% | 5.4% | 1.6% | 2.8% | 4.8% | 4.6% | 1.9% | 0.2% | 7.7% | 7.6% | 5.4% | - | - |
| Profit As % Of Networth | 3.4% | 11.6% | 14.7% | 4.4% | 8.5% | 10.4% | 9.5% | 5.4% | 2.0% | 18.3% | 19.5% | 11.8% | - | - |
| Interest Cost to EBITDA % | 20.7% | 21.5% | 20.0% | 30.3% | 30.8% | 23.1% | 32.3% | 219.5% | 42.6% | 15.6% | 10.6% | 17.6% | - | - |
| Debt to Equity Ratio | 0.37 | 1.56 | 1.37 | 1.42 | 1.71 | 0.87 | 0.83 | 1.47 | 7.91 | 0.73 | 0.97 | 0.65 | 0.00 | 0.17 |
| RONW | 5.7% | 13.1% | 17.1% | 5.1% | 14.2% | 15.9% | 5.4% | -15.2% | 0.6% | 22.7% | 33.6% | 18.7% | - | - |
| ROCE | 4.8% | 3.0% | 10.5% | 5.9% | 11.2% | 12.6% | 6.4% | 1.2% | 5.7% | 16.6% | 22.3% | 14.6% | 0.0% | 0.0% |