Aster DM Healthcare Ltd Share Price – NSE /  BSE

Healthcare, Small Cap

Aster DM Healthcare announced that the Board of Directors of the Company at its meeting held on 20 May 2025, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Net profit of Aster DM Healthcare reported to Rs 79.02 crore in the quarter ended March 2025 as against net loss of Rs 24.03 crore during the previous quarter ended March 2024. Sales rose 2.75% to Rs 1000.34 crore in the quarter ended March 2025 as against Rs 973.59 crore during the previous quarter ended March 2024.

For the full year,net profit rose 4059.83% to Rs 5377.83 crore in the year ended March 2025 as against Rs 129.28 crore during the previous year ended March 2024. Sales rose 11.88% to Rs 4138.46 crore in the year ended March 2025 as against Rs 3698.90 crore during the previous year ended March 2024.

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Aster DM Healthcare will hold a meeting of the Board of Directors of the Company on 20 May 2025.

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The proposed hospital will have an estimated bed capacity of approximately 430 beds. The company would install 300 beds by FY27 and the remaining 130 beds by FY29.

The aforementioned lease agreement is with BREN Corporation and 5 other landowners. The agreement is for a period of 30 years from lease commencement date. It has a lock-in period of 30 years for the lessor and 12 years for the lessee.

The company shall be obliged to pay rent based on per square feet of chargeable area plus applicable taxes. It would also be required to make an interest free refundable security deposit of Rs 58.65 crore.

The project would entail an investment of Rs 480 crore and would be funded using bank loans and internal accruals. Offering the investment rationale, the company stated: Establishing a comprehensive multi-specialty hospital in South-East Bangalore offers a strategic opportunity to address the growing healthcare needs of a rapidly expanding population, driven by urbanization and an increasing middle class with greater disposable income.

Sarjapur is projected to become the next IT hub in Bangalore making it an ideal location for specialized multi-specialty hospital with comprehensive cancer care.

This project is well-positioned to serve an essential market need while capitalizing on the location?s proximity to already established IT corridors.?

Aster DM Healthcare is primarily involved in the operations of healthcare facilities, retail pharmacies, and providing consultancy in areas relating to healthcare.

The company's consolidated net profit had declined 68.31% to Rs 56.79 crore despite a 9.97% increase in revenue to Rs 1,049.81 crore in Q3 FY25 as compared with Q3 FY24.

The scrip has fallen 1.03% to currently trade at Rs 514.05 on the BSE.

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