ASTER DM HEALTHCARE has announced its results for the year ended March 2021. Let us have a look at the detailed performance review of the company during FY20-21.
No. of Mths Year Ending | 12 Mar-20* | 12 Mar-21* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 86,519 | 86,084 | -0.5% |
Other income | Rs m | 379 | 500 | 32.0% |
Total Revenues | Rs m | 86,898 | 86,584 | -0.4% |
Gross profit | Rs m | 12,691 | 11,027 | -13.1% |
Depreciation | Rs m | 5,859 | 6,176 | 5.4% |
Interest | Rs m | 3,908 | 3,336 | -14.6% |
Profit before tax | Rs m | 3,302 | 2,015 | -39.0% |
Tax | Rs m | 154 | 272 | 77.0% |
Profit after tax | Rs m | 3,149 | 1,743 | -44.6% |
Gross profit margin | % | 14.7 | 12.8 | |
Effective tax rate | % | 4.7 | 13.5 | |
Net profit margin | % | 3.6 | 2.0 |
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No. of Mths Year Ending | 12 Mar-20* | 12 Mar-21* | % Change | |
---|---|---|---|---|
Networth | Rs m | 32,721 | 33,725 | 3.1 |
Current Liabilities | Rs m | 37,221 | 31,956 | -14.1 |
Long-term Debt | Rs m | 18,922 | 17,548 | -7.3 |
Total Liabilities | Rs m | 124,053 | 116,200 | -6.3 |
Current assets | Rs m | 40,957 | 36,290 | -11.4 |
Fixed Assets | Rs m | 83,097 | 79,910 | -3.8 |
Total Assets | Rs m | 124,053 | 116,200 | -6.3 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-20 | Mar-21 | ||
Cash Flow from Operating Activities | Rs m | 12,233 | 15,691 | 28.3% |
Cash Flow from Investing Activities | Rs m | -6,673 | -3,303 | - |
Cash Flow from Financing Activities | Rs m | -6,748 | -11,161 | - |
Net Cash Flow | Rs m | -1,099 | 1,199 | - |
No. of Mths Year Ending | 12 Mar-20* | 12 Mar-21* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 174.2 | 173.2 |
TTM Earnings per share | Rs | 6.3 | 3.5 |
Diluted earnings per share | Rs | 6.3 | 3.5 |
Price to Cash Flow | x | 5.3 | 8.3 |
TTM P/E ratio | x | 15.1 | 39.3 |
Price / Book Value ratio | x | 2.0 | 1.9 |
Market Cap | Rs m | 64,336 | 65,348 |
Dividends per share (Unadj.) | Rs | 0.0 | 0.0 |
Current Ratio: The company's current ratio improved and stood at 1.1x during FY21, from 1.1x during FY20. The current ratio measures the company's ability to pay short-term and long-term obligations.
Interest Coverage Ratio: The company's interest coverage ratio deteriorated and stood at 1.6x during FY21, from 1.8x during FY20. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.
Return on Equity (ROE): The ROE for the company declined and down at 5.2% during FY21, from 9.6% during FY21. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.
Return on Capital Employed (ROCE): The ROCE for the company declined and down at 10.4% during FY21, from 14.0% during FY20. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.
Return on Assets (ROA): The ROA of the company declined and down at 4.4% during FY21, from 5.7% during FY20. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Mar-20* | 12 Mar-21* | |
---|---|---|---|
Current ratio | x | 1.1 | 1.1 |
Debtors’ Days | Days | 10 | 9 |
Interest coverage | x | 1.8 | 1.6 |
Debt to equity ratio | x | 0.6 | 0.5 |
Return on assets | % | 5.7 | 4.4 |
Return on equity | % | 9.6 | 5.2 |
Return on capital employed | % | 14.0 | 10.4 |
To see how ASTER DM HEALTHCARE has performed over the last 5 years, please visit here.
Over the last one year, ASTER DM HEALTHCARE share price has moved up from Rs 95.5 to Rs 137.3, registering a gain of Rs 41.9 or around 43.8%.
Meanwhile, the S&P BSE HEALTHCARE Index is trading at Rs 21,328.2 (up 0.4%). Over the last one year it has moved up from 12,148.6 to 21,328.2, a gain of 9,180 points (up 75.6%).
Overall, the S&P BSE SENSEX is up 74.1% over the year.
(To know more, check out historical annual results for ASTER DM HEALTHCARE and quarterly results for ASTER DM HEALTHCARE)
ASTER DM HEALTHCARE currently trades at Rs 409.2 per share. You can check out the latest share price performance of ASTER DM HEALTHCARE here...
The revenues of ASTER DM HEALTHCARE stood at Rs 86,584 m in FY21, which was down -0.4% compared to Rs 86,898 m reported in FY20.
ASTER DM HEALTHCARE's revenue has grown from Rs 59,679 m in FY17 to Rs 86,584 m in FY21.
Over the past 5 years, the revenue of ASTER DM HEALTHCARE has grown at a CAGR of 9.7%.
The net profit of ASTER DM HEALTHCARE stood at Rs 1,743 m in FY21, which was down -44.6% compared to Rs 3,149 m reported in FY20.
This compares to a net profit of Rs 3,676 m in FY19 and a net profit of Rs 2,794 m in FY18.
Over the past 5 years, ASTER DM HEALTHCARE net profit has grown at a CAGR of 15.6%.
The cash flow statement is the financial statement that presents the cash inflows and outflows of a company during a given period of time.
This statement is one of the most useful tools for judging a company's liquidity position. The ratios and parameters in this statement helps test a company's financial health.
The cash flow statement of ASTER DM HEALTHCARE reveals:
Here's the cash flow statement of ASTER DM HEALTHCARE for the past 5 years.
(Rs m) | FY17 | FY18 | FY19 | FY20 | FY21 |
---|---|---|---|---|---|
From Operations | 3,608 | 5,374 | 6,009 | 12,233 | 15,691 |
From Investments | -11,527 | -5,225 | -7,089 | -6,673 | -3,303 |
From Financial Activity | 6,538 | 457 | 1,344 | -6,748 | -11,161 |
Net Cashflow | -1,217 | 606 | 329 | -1,099 | 1,199 |
Be it the company's profitability, operations effectiveness or utilization of funds, ratio analysis is an important tool which helps in making investment decisions.
The ratio/financial analysis of ASTER DM HEALTHCARE reveals:
Here's the ratio/financial analysis of ASTER DM HEALTHCARE for the past 5 years.
FY17 | FY18 | FY19 | FY20 | FY21 | |
---|---|---|---|---|---|
Operating Profit Margin (%) | 12.9 | 11.3 | 11.1 | 14.7 | 12.8 |
Net Profit Margin (%) | 1.6 | 4.2 | 4.6 | 3.6 | 2.0 |
Debt to Equity Ratio (x) | 1.0 | 0.6 | 0.6 | 0.6 | 0.5 |
Read: Latest Annual Report Analysis of ASTER DM HEALTHCARE
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