MarketFriction

Dr Agarwals Eye Hospital Ltd

NSE DRAGARWQ · BSE 526783 · Hospital
₹5,159.00 +0.57%
NSE close2026-10-01
52 week range4,600.00 - 6,059.70
Market cap₹2,482 Cr.
P/E32.6
Price band 20% Delivery 67.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales84768110010295100117118116120143
Expenses6155566972696880788286100
Operating Profit232124313026323740343443
OPM %28%27%30%31%29%27%32%32%34%30%28%30%
Other Income112022011322
Interest222344344223
Depreciation67810910101111121211
Profit before tax171317191914192326232131
Tax %24%26%26%25%26%26%14%26%25%26%24%24%
Net Profit13913141410161719171623
EPS in Rs26.7920.0927.2130.0230.1122.1334.0236.7239.9835.7633.6048.38
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales137149153170176140201268319397471497
Expenses119126129140129109143192227277324345
Operating Profit182324304731597692120147151
OPM %13%15%16%18%27%22%29%28%29%30%31%30%
Other Income-512231125567
Interest543497788151410
Depreciation9910112119202027394647
Profit before tax-01113172063249627194101
Tax %-104%33%49%32%31%125%25%25%26%23%25%
Net Profit0771214-1243746557076
EPS in Rs0.0915.6214.4325.3629.11-3.0651.2878.5598.64116.28145.05157.72
Dividend Payout %940%10%8%6%-0%-0%6%4%3%5%5%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth13%27%21%20%
Compounded Profit Growth35%118%22%32%
Stock Price CAGR40%67%29%6%
Return on Equity28%30%28%24%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital555555555555
Reserves1919253041515073109152205341
Borrowings27312318246068193232268333326
Other Liabilities182420283124334244717194
Total Liabilities69797281100141155314390496613766
Fixed Assets26343336559496214260316393403
CWIP011300-0266297128197
Investments-0-0-0-0-0-0-0-0-0-01389
Other Assets434438424547607367838078
Total Assets69797281100141155314390496613766
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1417201925393457709094145
Cash from Investing Activity-10-17-8-11-25-17-11-46-71-70-133-174
Cash from Financing Activity-5-0-12-82-20-8-40-141725
Net Cash Flow-100-022157-16-23-4
Free Cash Flow311270222310-119-947
CFO/OP106%113%103%98%111%96%120%112%107%112%95%105%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days192416171914231614151314
Inventory Days23820012314812413211791731065551
Days Payable36037127735329222440141032734510197
Cash Conversion Cycle-103-146-138-189-149-78-260-303-240-224-34-31
Working Capital Days-31-39-25-39-22-34-70-58-50-63-51-55
ROCE %19%18%29%32%34%30%11%20%19%18%18%17%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters71.89%71.89%71.89%71.90%71.90%71.90%71.90%71.90%72.67%72.67%72.67%72.67%
FIIs0.28%0.63%0.64%0.65%0.83%0.84%1.33%1.49%1.74%1.82%2.20%2.24%
DIIs0.00%0.00%0.00%0.00%0.96%1.04%1.95%2.31%2.36%2.36%2.12%2.05%
Public27.82%27.47%27.47%27.46%26.32%26.22%24.82%24.29%23.22%23.15%22.99%23.03%
No. of Shareholders3,4713,4233,5723,8084,51015,11541,70435,97630,52825,44924,03622,954

Fundamentals

Market Cap₹ 2,482 Cr.
Current Price₹ 5,130
Stock P/E32.6
Book Value₹ 717
ROCE17.2 %
ROE24.2 %
Dividend Yield0.14 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)20%
Compounded Profit Growth (TTM)32%
Standalone figures.
Valuation
Market capRs 2,493 Cr
Enterprise valueRs 2,813 Cr
P/E (TTM)32.71x
Price to book7.20x
Price to sales5.02x
EV / EBITDA17.75x
EV / EBIT25.14x
EV / sales5.66x
Price to cash flow17.18x
Earnings yield3.06%
Dividend yield0.14%
P/E, 3-year average32.90x
P/B, 3-year average8.31x
P/E, 5-year average24.92x
P/B, 5-year average6.62x
Profitability
Operating margin (excl. other income)31.22%
Operating margin (incl. other income)32.46%
EBITDA margin31.88%
Pre-tax margin20.40%
Net profit margin15.34%
Net margin, latest quarter16.35%
ROE25.22%
ROCE17.64%
ROA10.16%
ROE, 3-year average29.77%
ROCE, 3-year average17.87%
ROA, 3-year average10.16%
ROE, 5-year average32.83%
ROCE, 5-year average18.46%
ROA, 5-year average10.25%
ROIC (approx.)12.58%
Tax rate25.11%
Other income / net worth1.68%
Growth
Sales growth (latest year)18.56%
Profit growth (latest year)28.27%
Sales CAGR, 3 years20.65%
Sales CAGR, 5 years27.49%
Profit CAGR, 3 years23.83%
Sales growth QoQ19.13%
Profit growth QoQ43.97%
Sales growth YoY (latest quarter)22.28%
Profit growth YoY (latest quarter)35.46%
Per share
EPS (TTM)Rs 157.71
EPS (latest year)Rs 145.05
EPS (latest quarter)Rs 48.38
EPS, 3-year averageRs 119.99
EPS, 5-year averageRs 97.96
Book value per shareRs 716.56
Sales per shareRs 1,028.22
Cash flow per shareRs 300.32
Free cash flow per shareRs 97.25
Dividend per share (latest year)Rs 6.99
Dividend per share, 3-year averageRs 5.17
Dividend per share, 5-year averageRs 4.30
Dividends
Dividend payout4.82%
Dividend payout, 3-year average4.18%
Dividend payout, 5-year average4.44%
Efficiency
Asset turnover0.61x
Fixed asset turnover1.17x
Inventory turnover8.86x
Inventory days41 days
Debtor days15 days
Debtors turnover25.17x
Creditor days97 days
Cash conversion cycle-31 days
Working capital days-55 days
Leverage
Total debtRs 326 Cr
Cash and bankRs 7 Cr
Net debtRs 319 Cr
Debt to equity0.94x
Net debt / EBITDA2.02x
Interest coverage10.66x
Owners' fund to total sources45.18%
Debt to assets42.55%
Cash flow
Cash from Operating Activity (latest year)Rs 145 Cr
Cash from Investing Activity (latest year)Rs -174 Cr
Cash from Financing Activity (latest year)Rs 25 Cr
Net Cash Flow (latest year)Rs -4 Cr
Free cash flow (latest year)Rs 47 Cr
FCFE (approx.: FCF + change in debt)Rs 40 Cr
Cash from ops / profit, 5 years1.97x
Sales to cash flow3.24x
Statement figures
Net sales (TTM)Rs 497 Cr
Net sales (latest year)Rs 471 Cr
Sales (latest quarter)Rs 143 Cr
Operating profit excl. other income (latest year)Rs 147 Cr
Operating profit (latest quarter)Rs 43 Cr
Other income (TTM)Rs 7 Cr
EBITDA (TTM)Rs 158 Cr
PBDT (TTM)Rs 148 Cr
Profit before tax (TTM)Rs 101 Cr
Tax (latest year)Rs 24 Cr
Net profit (TTM)Rs 76 Cr
Net profit (latest year)Rs 70 Cr
Net profit (latest quarter)Rs 23 Cr
Depreciation (TTM)Rs 47 Cr
Depreciation (latest quarter)Rs 11 Cr
Interest (TTM)Rs 10 Cr
Cost of goods sold (latest year)Rs 125 Cr
Total expenditure (latest year)Rs 324 Cr
Total income (latest year)Rs 477 Cr
Share capitalRs 5 Cr
ReservesRs 341 Cr
Shareholders' fundsRs 346 Cr
Total assetsRs 766 Cr
Net blockRs 403 Cr
Capital work in progressRs 197 Cr
InvestmentsRs 89 Cr
ReceivablesRs 19 Cr
InventoryRs 14 Cr
Other liabilitiesRs 94 Cr
Shares outstanding (crore)0.48
Ownership
Promoter holding72.67% (+0.77 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 32.7 is at the 54th percentile of its own 8.4-year range (median 29.2, low 7.3, high 62.6).
P/B 7.20 is at the 55th percentile (median 6.97).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodDRAGARWQNifty 50Difference
1 week+0.0%-2.8% +2.8 pts
1 month-2.8%-6.8% +4.0 pts
3 months+2.6%-7.6% +10.2 pts
3 years+117.3%+14.2% +103.1 pts
5 years+1195.7%+27.9% +1167.9 pts
4 mutual fund schemes hold about ₹2 Cr. Over three months 2 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
PGIM India Healthcare Fund1.20%2 +138%
PGIM India Retirement Fund0.21%0 -5%
PGIM India Small Cap Fund0.01%0 +100%
Bandhan BSE Healthcare Index Fund0.04%0 -3%

Red flags

F-score 6 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹143 Cr +22.2% vs Jun 2025. Net profit ₹23 Cr +35.3%.
Against our estimate for Jun 2026: sales +1.0%, profit +11.3% beat. Our estimate for Sep 2026: sales Rs 143 Cr, profit Rs 22 Cr (how).

Activity

Compare
No bulk or block deals on record.
Ex-dateActionFactor
2026-09-02Dividend - Rs 4 Per Share
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Dr Agarwals Eye Hospital Ltd?

Dr Agarwals Eye Hospital Ltd (DRAGARWQ) has a market capitalisation of Rs 2,482 Cr. at the 2026-10-01 close.

What is the P/E ratio of Dr Agarwals Eye Hospital Ltd?

Dr Agarwals Eye Hospital Ltd trades at a P/E of 32.6 on trailing twelve-month profit, at the 2026-10-01 close.

What were Dr Agarwals Eye Hospital Ltd's latest quarterly results?

In the Jun 2026 quarter, Dr Agarwals Eye Hospital Ltd sales was Rs 143 Cr (+22.2% vs Jun 2025) and net profit was Rs 23 Cr.

What is the 52-week high and low of Dr Agarwals Eye Hospital Ltd?

The 52-week high is Rs 6,059.70 and the 52-week low is Rs 4,600.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03