About
Dr. Agarwal's Health Care Limited engages in running, owning, and managing eye care hospitals, opticals, pharmacies, etc. and related services in India and internationally. It offers femto cataracts, lenticular procedure, retinal surgeries, anterior segment reconstruction, and corneal transplants, as well as refractive and other surgeries. The company also develops, designs, manufactures, imports, and exports healthcare devices, which include ophthalmic diagnostic devices, such as auto perimeter, optical biometers, and ophthalmoscopes. In addition, the company offers consultations, diagnoses, and non-surgical treatments; and sells opticals, contact lenses and accessories, and eye care related pharmaceutical products. Dr. Agarwal's Health Care Limited was incorporated in 2010 and is based in Chennai, India.
Key Metrics
as of Sep 2026Market Cap16,298 Cr
P/E110.00
Div Yield0.00 %
Book Value₹63.90
52w High₹568.00
52w Low₹401.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 383.00 | 348.00 | 335.00 | 309.00 | 302.00 | 281.00 | 268.00 | 255.00 | 240.00 | 225.00 | 213.00 |
| Expenses | 287.00 | 256.00 | 255.00 | 240.00 | 235.00 | 208.00 | 203.00 | 198.00 | 190.00 | 157.00 | 158.00 |
| Operating Profit | 96.00 | 92.00 | 80.00 | 69.00 | 67.00 | 73.00 | 65.00 | 58.00 | 49.00 | 67.00 | 55.00 |
| OPM % | 25.00 | 26.00 | 24.00 | 22.00 | 22.00 | 26.00 | 24.00 | 23.00 | 21.00 | 30.00 | 26.00 |
| Other Income | 3.00 | 1.00 | 6.00 | 6.00 | 12.00 | 24.00 | 10.00 | 5.00 | 2.00 | 13.00 | 13.00 |
| Depreciation | 58.00 | 56.00 | 48.00 | 48.00 | 44.00 | 42.00 | 39.00 | 38.00 | 37.00 | 35.00 | 32.00 |
| Interest | 19.00 | 19.00 | 18.00 | 17.00 | 19.00 | 21.00 | 23.00 | 23.00 | 23.00 | 22.00 | 22.00 |
| Profit before tax | 22.00 | 18.00 | 20.00 | 10.00 | 16.00 | 34.00 | 12.00 | 1.00 | -8.00 | 24.00 | 15.00 |
| Tax % | 26.00 | 42.00 | 31.00 | 51.00 | 35.00 | 22.00 | 37.00 | 746.00 | 5.00 | 29.00 | 37.00 |
| Net Profit | 17.00 | 11.00 | 14.00 | 5.00 | 10.00 | 27.00 | 8.00 | -4.00 | -9.00 | 17.00 | 10.00 |
| EPS in Rs | 0.53 | 0.33 | 0.44 | 0.15 | 0.32 | 0.84 | 0.25 | — | — | — | — |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,293.00 | 1,044.00 | 835.00 | 598.00 | 362.00 | 232.00 | 248.00 | 202.00 |
| Expenses | 986.00 | 795.00 | 611.00 | 436.00 | 275.00 | 199.00 | 202.00 | 186.00 |
| Operating Profit | 308.00 | 249.00 | 224.00 | 162.00 | 86.00 | 33.00 | 46.00 | 16.00 |
| OPM % | 24.00 | 24.00 | 27.00 | 27.00 | 24.00 | 14.00 | 19.00 | 8.00 |
| Other Income | 26.00 | 40.00 | 38.00 | -12.00 | 10.00 | 4.00 | 9.00 | 5.00 |
| Interest | 73.00 | 94.00 | 88.00 | 64.00 | 38.00 | 34.00 | 42.00 | 20.00 |
| Depreciation | 197.00 | 156.00 | 129.00 | 92.00 | 59.00 | 55.00 | 49.00 | 21.00 |
| Profit before tax | 64.00 | 39.00 | 45.00 | -6.00 | -1.00 | -52.00 | -36.00 | -20.00 |
| Tax % | 38.00 | 43.00 | 47.00 | -641.00 | 55.00 | 4.00 | 0.00 | 0.00 |
| Net Profit | 39.00 | 22.00 | 24.00 | 32.00 | -1.00 | -54.00 | -36.00 | -20.00 |
| EPS in Rs | 1.25 | 0.69 | — | — | — | — | — | — |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 32.00 | 32.00 | 9.00 | 8.00 | 7.00 | 7.00 | 7.00 | 7.00 |
| Reserves | 1,960.00 | 1,902.00 | 1,218.00 | 554.00 | 192.00 | 194.00 | 248.00 | 290.00 |
| Borrowings | 670.00 | 568.00 | 661.00 | 590.00 | 252.00 | 161.00 | 142.00 | 135.00 |
| Other Liabilities | 300.00 | 335.00 | 298.00 | 236.00 | 242.00 | 281.00 | 200.00 | 60.00 |
| Total Liabilities | 2,961.00 | 2,837.00 | 2,187.00 | 1,388.00 | 692.00 | 643.00 | 596.00 | 492.00 |
| Fixed Assets | 1,922.00 | 1,591.00 | 1,302.00 | 907.00 | 367.00 | 387.00 | 322.00 | 99.00 |
| CWIP | 29.00 | 18.00 | 9.00 | 35.00 | 2.00 | 11.00 | 3.00 | 1.00 |
| Investments | 615.00 | 729.00 | 629.00 | 187.00 | 147.00 | 121.00 | 146.00 | 238.00 |
| Other Assets | 395.00 | 498.00 | 248.00 | 258.00 | 176.00 | 124.00 | 124.00 | 154.00 |
| Total Assets | 2,961.00 | 2,837.00 | 2,187.00 | 1,388.00 | 692.00 | 643.00 | 596.00 | 492.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 321.00 | 208.00 | 222.00 | 153.00 | 78.00 | 46.00 | 40.00 |
| Cash from Investing Activity | -167.00 | -577.00 | -818.00 | -436.00 | -98.00 | -26.00 | -37.00 |
| Cash from Financing Activity | -173.00 | 374.00 | 570.00 | 316.00 | 40.00 | -21.00 | -60.00 |
| Net Cash Flow | -19.00 | 5.00 | -26.00 | 33.00 | 20.00 | -1.00 | -56.00 |
| Free Cash Flow | 6.00 | 18.00 | 87.00 | 76.00 | 12.00 | 23.00 | -91.00 |
| CFO/OP % | 115.00 | 81.00 | 105.00 | 102.00 | 94.00 | 147.00 | 94.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 23.00 | 25.00 | 22.00 | 24.00 | 31.00 | 39.00 | 46.00 | 46.00 |
| Inventory Days | 66.00 | 174.00 | 135.00 | 119.00 | 149.00 | 147.00 | 159.00 | 138.00 |
| Days Payable | 122.00 | 375.00 | 383.00 | 354.00 | 456.00 | 608.00 | 427.00 | 330.00 |
| Cash Conversion Cycle | -32.00 | -176.00 | -226.00 | -210.00 | -276.00 | -422.00 | -222.00 | -147.00 |
| Working Capital Days | -21.00 | -55.00 | -79.00 | -88.00 | -54.00 | -43.00 | -37.00 | 5.00 |
| ROCE % | 6.00 | 6.00 | 8.00 | 10.00 | 9.00 | -5.00 | 1.00 | — |
Corporate Actions
No corporate actions recorded.
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update15 Jun from crisil
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Rating update23 Feb from icra
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Rating update9 Dec 2025 from crisil
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Rating update14 Oct 2025 from icra
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Rating update4 Sep 2025 from crisil
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Rating update24 Jul 2025 from crisil