DRAGARWQ
Dr Agarwals Eye Hospital Limited
Dr Agarwals Eye Hospital Limited (DRAGARWQ) financial statements and selected valuation metrics through 30 June 2026.
Healthcare›Healthcare›Healthcare Services›Hospital
dragarwal.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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What you need to know
Chain of eye hospitals and clinics, mostly in Tamil Nadu, offering cataract, glaucoma, laser vision correction, cornea, retina and squint treatment; the company calls itself a leading eye hospital chain (its own description).
Company snapshot
19thBy market cap
Ranked among 24 companies in Hospital.
What we see
- ✓93% of operating profit came in as cash over the last three years — profits are backed by real cash.
Statement tables · Standalone
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Standalone only
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 83 Cr | 76 Cr | 81 Cr | 100 Cr | 102 Cr | 95 Cr | 100 Cr | 117 Cr | 118 Cr | 116 Cr | 120 Cr | 143 Cr |
| Operating expenses (approx.) | 61 Cr | 55 Cr | 56 Cr | 69 Cr | 72 Cr | 69 Cr | 68 Cr | 80 Cr | 78 Cr | 82 Cr | 86 Cr | 100 Cr |
| EBITDA | 22 Cr | 20 Cr | 24 Cr | 31 Cr | 30 Cr | 26 Cr | 32 Cr | 37 Cr | 40 Cr | 34 Cr | 34 Cr | 43 Cr |
| OPM % | 26.9% | 27.1% | 30.3% | 31.4% | 29.2% | 26.9% | 31.6% | 31.8% | 34.0% | 29.6% | 28.1% | 30.3% |
| Other income | 2 Cr | 0.95 Cr | 2 Cr | 0.40 Cr | 2 Cr | 2 Cr | 0.10 Cr | 0.80 Cr | 0.68 Cr | 3 Cr | 2 Cr | 2 Cr |
| Interest | 2 Cr | 2 Cr | 2 Cr | 3 Cr | 4 Cr | 4 Cr | 3 Cr | 4 Cr | 4 Cr | 2 Cr | 2 Cr | 3 Cr |
| Depreciation | 6 Cr | 7 Cr | 8 Cr | 10 Cr | 9 Cr | 10 Cr | 10 Cr | 11 Cr | 11 Cr | 12 Cr | 12 Cr | 11 Cr |
| Profit before tax | 17 Cr | 13 Cr | 17 Cr | 19 Cr | 19 Cr | 14 Cr | 19 Cr | 23 Cr | 26 Cr | 23 Cr | 21 Cr | 31 Cr |
| Tax % | 24.4% | 25.8% | 26.2% | 25.4% | 26.0% | 26.0% | 14.0% | 25.6% | 24.9% | 26.3% | 23.6% | 24.5% |
| Net profit | 13 Cr | 9 Cr | 13 Cr | 14 Cr | 14 Cr | 10 Cr | 16 Cr | 17 Cr | 19 Cr | 17 Cr | 16 Cr | 23 Cr |
| EPS (₹) | ₹26.79 | ₹20.09 | ₹27.21 | ₹30.02 | ₹30.11 | ₹22.13 | ₹34.02 | ₹36.72 | ₹41.04 | ₹35.76 | ₹33.60 | ₹48.38 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 149 Cr | 153 Cr | 170 Cr | 176 Cr | 140 Cr | 201 Cr | 268 Cr | 319 Cr | 397 Cr | 471 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 127 Cr | 130 Cr | 141 Cr | 130 Cr | 109 Cr | 144 Cr | 193 Cr | 228 Cr | 279 Cr | 326 Cr | Sign in free for the trailing twelve months |
| EBITDA | 21 Cr | 23 Cr | 29 Cr | 46 Cr | 30 Cr | 58 Cr | 75 Cr | 91 Cr | 119 Cr | 145 Cr | Sign in free for the trailing twelve months |
| OPM % | 14.4% | 15.3% | 17.0% | 26.3% | 21.7% | 28.7% | 27.9% | 28.5% | 29.8% | 30.9% | Sign in free for the trailing twelve months |
| Other income | 2 Cr | 2 Cr | 2 Cr | 3 Cr | 0.81 Cr | 1 Cr | 2 Cr | 5 Cr | 5 Cr | 6 Cr | Sign in free for the trailing twelve months |
| Interest | 3 Cr | 3 Cr | 3 Cr | 8 Cr | 6 Cr | 6 Cr | 7 Cr | 7 Cr | 13 Cr | 12 Cr | Sign in free for the trailing twelve months |
| Depreciation | 9 Cr | 10 Cr | 11 Cr | 21 Cr | 19 Cr | 20 Cr | 20 Cr | 27 Cr | 39 Cr | 46 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 11 Cr | 13 Cr | 17 Cr | 20 Cr | 6 Cr | 32 Cr | 49 Cr | 62 Cr | 71 Cr | 94 Cr | Sign in free for the trailing twelve months |
| Tax % | 33.1% | 49.3% | 31.6% | 31.4% | 125.1% | 25.4% | 25.3% | 25.5% | 22.7% | 25.1% | Sign in free for the trailing twelve months |
| Net profit | 7 Cr | 7 Cr | 12 Cr | 14 Cr | -1 Cr | 24 Cr | 37 Cr | 46 Cr | 55 Cr | 70 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹15.61 | ₹14.42 | ₹25.35 | ₹29.11 | ₹-3.06 | ₹51.29 | ₹78.55 | ₹98.64 | ₹116.28 | ₹147.02 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | — | 0.1% | 3.8% | 5.6% | 4.3% | 4.4% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 5 Cr | 5 Cr | 5 Cr | 5 Cr | 5 Cr | 5 Cr | 5 Cr | 5 Cr | 5 Cr | 5 Cr |
| Reserves | 25 Cr | 30 Cr | 41 Cr | 51 Cr | 50 Cr | 73 Cr | 109 Cr | 152 Cr | 205 Cr | 341 Cr |
| Borrowings | 16 Cr | 10 Cr | 18 Cr | 13 Cr | 17 Cr | 32 Cr | 44 Cr | 51 Cr | 96 Cr | 82 Cr |
| Other liabilities | 27 Cr | 36 Cr | 36 Cr | 71 Cr | 84 Cr | 204 Cr | 233 Cr | 287 Cr | 307 Cr | 338 Cr |
| Total liabilities | 72 Cr | 81 Cr | 100 Cr | 141 Cr | 155 Cr | 314 Cr | 390 Cr | 496 Cr | 613 Cr | 766 Cr |
| Fixed assets (net) | 33 Cr | 32 Cr | 52 Cr | 55 Cr | 57 Cr | 59 Cr | 85 Cr | 121 Cr | 160 Cr | 375 Cr |
| CWIP | 1 Cr | 3 Cr | 0.25 Cr | 0.02 Cr | 0 Cr | 26 Cr | 62 Cr | 97 Cr | 128 Cr | 197 Cr |
| Investments | — | — | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 13 Cr | 89 Cr |
| Loans & advances | — | — | 5 Cr | 2 Cr | 1 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr |
| Inventories | 6 Cr | 7 Cr | 6 Cr | 8 Cr | 5 Cr | 6 Cr | 6 Cr | 10 Cr | 13 Cr | 14 Cr |
| Trade receivables | 7 Cr | 7 Cr | 9 Cr | 7 Cr | 9 Cr | 9 Cr | 10 Cr | 13 Cr | 14 Cr | 19 Cr |
| Cash & bank | 2 Cr | 2 Cr | 4 Cr | 6 Cr | 22 Cr | 28 Cr | 27 Cr | 33 Cr | 11 Cr | 7 Cr |
| Other assets | 23 Cr | 29 Cr | 23 Cr | 62 Cr | 61 Cr | 186 Cr | 199 Cr | 222 Cr | 274 Cr | 66 Cr |
| Total assets | 72 Cr | 81 Cr | 100 Cr | 141 Cr | 155 Cr | 314 Cr | 390 Cr | 496 Cr | 613 Cr | 766 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 20 Cr | 19 Cr | 25 Cr | 39 Cr | 34 Cr | 57 Cr | 70 Cr | 90 Cr | 94 Cr | 145 Cr |
| Cash from investing | -8 Cr | -11 Cr | -25 Cr | -17 Cr | -11 Cr | -46 Cr | -71 Cr | -70 Cr | -133 Cr | -174 Cr |
| Cash from financing | -12 Cr | -8 Cr | 2 Cr | -20 Cr | -8 Cr | -4 Cr | 0.26 Cr | -14 Cr | 17 Cr | 25 Cr |
| Net cash flow | 0.42 Cr | -0.46 Cr | 2 Cr | 2 Cr | 15 Cr | 7 Cr | -0.73 Cr | 6 Cr | -22 Cr | -4 Cr |
| Free cash flow (OCF − Capex) | 12 Cr | 7 Cr | 0.27 Cr | 21 Cr | 23 Cr | 10 Cr | -1 Cr | 18 Cr | -7 Cr | 47 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 31.4% | 35.1% | 31.4% | 39.9% | 16.9% | 35.0% | 35.8% | 33.3% | 27.5% | 24.6% |
| ROE % | 25.0% | 19.3% | 26.1% | 24.4% | -2.6% | 30.8% | 32.6% | 29.5% | 26.1% | 20.2% |
| Debtor days | 16 | 17 | 18 | 14 | 23 | 16 | 14 | 15 | 13 | 14 |
| Inventory days | 15 | 17 | 128 | 17 | 14 | 10 | 8 | 11 | 12 | 11 |
| Days payable | 34 | 42 | 302 | 28 | 46 | 46 | 36 | 36 | 28 | 21 |
| Cash conversion cycle | -3 | -7 | -155 | 3 | -10 | -20 | -14 | -10 | -3 | 5 |
| OCF / EBITDA % | 94.1% | 79.3% | 86.6% | 83.5% | 111.5% | 98.3% | 93.2% | 98.6% | 79.7% | 99.9% |
| OCF / EBITDA % (3 years) | — | — | 86.4% | 83.4% | 92.4% | 96.2% | 98.4% | 96.7% | 89.3% | 92.8% |
| Debt / equity | 0.55 | 0.29 | 0.40 | 0.24 | 0.31 | 0.41 | 0.39 | 0.33 | 0.46 | 0.24 |
| Current ratio | 0.73 | 0.62 | 0.84 | 0.75 | 0.91 | 0.96 | 0.84 | 0.74 | 0.64 | 1.23 |
| Net debt / EBITDA | 0.65 | 0.36 | 0.48 | 0.15 | -0.16 | 0.07 | 0.22 | 0.20 | 0.72 | 0.52 |