Dr. Agarwal's Health Care Limited share price

NSE: AGARWALEYE · ISIN INE943P01029

Key numbers

Market cap
₹ 15,851 Cr
Current price
₹ 500.00
52-week high / low
₹ 568 / 401
Stock P/E
107.5
Book value
₹ 63.9
Dividend yield
0.00%
ROCE
11.5%
ROE
6.8%
Debt to equity
0.53
Sales growth (3 yrs)
26.9%
Profit growth (3 yrs)
12.3%
1-year return
9.9%

About Dr. Agarwal's Health Care Limited

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.

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales460487530564614
Operating profit131128144161170
Net profit3330344045
EPS (₹)1.040.951.071.251.43

Concall summary (2026-08-07)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • For Q1 FY27, total income stood at INR620 crores, up 24% year-on-year, while revenue from operations grew a whopping 26% to INR614 crores.
  • Since FY23, we have added 166 new greenfield facilities, accelerating our expansion from 10 facility additions in FY23 to just 18 additions in FY27 alone, which is in this quarter of FY27 alone.

Growth & demand

  • Volumes for cataract surgeries grew 16.5% year-on-year, while other surgeries on a blended basis recorded a growth of 13.3%.
  • So, overall, on the SSSG front, if I were to breakdown the volume and value, volume grew by around 8% and value grew by around 8%.

Margins & costs

  • T he quarter delivered a robust Ind AS EBITDA of INR177 crores, growing 25.2% year -on-year with margins of 28.5%, an improvement of 30 basis points with a PAT margin expanding by 127 basis points to 8.9% despite rising greenfield losses driven by 23 surgical new facilities launched in the 6 months.
  • Doctor and employee costs have increased slightly to 34% of total revenues in Q1 FY '27 with the addition of talent across all facilities launched in Q1 FY '27 .

Capex & expansion

  • For the quarter ended June 30, 2026, we expanded our footprint by commissioning 18 new greenfield facilities, strengthening our reach and capaci ty.
  • For the first qu arter, we have paid close to INR25 crores as far as the acquisition liabilities go.

Risks & challenges

  • Corneal transplant come with two inherent challenges.

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