Dhanvantri Jeevan Rekha Ltd - Stock Valuation and Financial Performance

BSE: 531043 | NSE: | Hospital & Healthcare Services | Small Cap

DhanvantriJeevan Rek Share Price

20.74 0.23 1.12%
as on 21-Nov'24 16:59

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Dhanvantri Jeevan Rekha stock performance -

mw4me loader
P/E Ratio (SA):
14.17
Market Cap:
8.5 Cr.
52-wk low:
10.9
52-wk high:
27.7

Is Dhanvantri Jeevan Rekha Ltd an attractive stock to invest in?

1. Is Dhanvantri Jeevan Rekha Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Dhanvantri Jeevan Rekha Ltd is a below average quality company.

2. Is Dhanvantri Jeevan Rekha Ltd undervalued or overvalued?

The key valuation ratios of Dhanvantri Jeevan Rekha Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Dhanvantri Jeevan Rekha Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Dhanvantri Jeevan Rekha Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of DhanvantriJeevan Rek:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Dhanvantri Jeevan Rekha Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 21.1%16.7%11.8%7.9%2%-2.6%-16.4%7.4%-1.5%2.8%-
Value Creation
Index
0.50.2-0.2-0.4-0.9-1.2-2.2-0.5-1.1-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 89.311.213.716.818.29.816.817.720.522
Sales YoY Gr.-16.2%20.6%23%22.5%8.2%-46.3%71.4%5.5%15.7%-
Adj EPS 2.42.32.11.80.1-0.6-3.51.2-0.50.41.5
YoY Gr.--3.7%-10.7%-14.4%-93.8%-681.8%NANA-144.2%NA-
BVPS (₹) 20.522.824.125.92625.421.923.122.62323.8
Adj Net
Profit
110.90.70.1-0.3-1.40.5-0.20.21
Cash Flow from Ops. 0.81.33.50.91.31.4-0.41.1-0.42.5-
Debt/CF from Ops. 0002.20.10.1-0.2000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 11%4%27.9%15.7%
Adj EPS -18.1%29.5%NANA
BVPS1.3%-2.5%1.6%1.8%
Share Price 8.4% 16.7% 36% 75%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
13.110.78.87.10.4-2.5-14.65.3-2.31.86.2
Op. Profit
Mgn %
19.215.614.413.57.33.7-7.78.93.34.14.9
Net Profit
Mgn %
12.410.37.65.30.3-1.5-14.62.9-1.20.82.8
Debt to
Equity
0000.20000000
Working Cap
Days
12517412282716310772837441
Cash Conv.
Cycle
232412122017322231287

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 6.20%

Sales growth is growing at healthy rate in last 3 years 27.90%

Sales growth is good in last 4 quarters at 11.38%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Dhanvantri Jeevan Rekha Ltd.

Standalone Consolidated
TTM EPS (₹) 1.5 -
TTM Sales (₹ Cr.) 21.7 -
BVPS (₹.) 23.8 -
Reserves (₹ Cr.) 6 -
P/BV 0.87 -
PE 14.17 -
From the Market
52 Week Low / High (₹) 10.94 / 27.73
All Time Low / High (₹) 3.69 / 61.70
Market Cap (₹ Cr.) 8.5
Equity (₹ Cr.) 4.1
Face Value (₹) 10
Industry PE 40.5

Management X-Ray of DhanvantriJeevan Rek:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of DhanvantriJeevan Rek

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales7.979.2611.1713.7416.8318.219.7816.7617.6820.46
Operating Expenses 6.447.811011.8915.6017.5410.5315.2717.1019.63
Manufacturing Costs4.185.386.988.4010.6813.026.8310.1211.5313.08
Material Costs0000000.02-0.03-0.020.02
Employee Cost 1.842.032.162.753.733.582.363.223.784.26
Other Costs 0.420.410.870.741.190.941.321.971.822.27
Operating Profit 1.531.451.161.851.230.66-0.751.490.580.83
Operating Profit Margin (%) 19.2%15.6%10.4%13.5%7.3%3.7%-7.7%8.9%3.3%4.1%
Other Income 0.440.310.350.140.120.160.180.210.240.29
Interest 0.080.080.180.220.110.040.020.020.010.01
Depreciation 0.360.270.371.101.131.101.041.020.960.87
Exceptional Items 0000000000
Profit Before Tax 1.521.410.970.670.12-0.32-1.630.67-0.140.26
Tax 0.460.460.42-0.060.07-0.05-0.210.180.070.09
Profit After Tax 1.070.950.550.730.05-0.26-1.420.49-0.220.17
PAT Margin (%) 13.4%10.3%4.9%5.3%0.3%-1.5%-14.6%2.9%-1.2%0.8%
Adjusted EPS (₹)2.62.31.31.80.1-0.6-3.51.2-0.50.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 8.459.409.9510.6810.7210.469.049.539.319.47
Share Capital 4.154.154.154.154.154.154.154.154.154.15
Reserves 4.295.255.796.526.576.304.885.375.155.32
Minority Interest0000000000
Debt0001.950.100.100.07000
Long Term Debt0001.950.100.100.07000
Short Term Debt0000000000
Trade Payables0000.010000.840.430.80
Others Liabilities 2.863.296.313.754.444.154.563.884.084.75
Total Liabilities 11.3112.6916.2616.3815.2714.7013.6714.2413.8115.02

Fixed Assets

Gross Block12.5912.9820.6921.5621.8522.1922.2722.4223.0623.53
Accumulated Depreciation7.547.818.629.2810.4111.5112.5513.5714.5215.39
Net Fixed Assets5.055.1712.0712.2811.4410.689.728.858.548.14
CWIP 1.442.62000.1200000
Investments 0000000000
Inventories0.010.010.010.050.110.110.090.120.140.13
Trade Receivables0.660.520.190.671.030.451.071.712.451.75
Cash Equivalents 0.310.6111.120.111.310.911.800.852.98
Others Assets3.843.752.982.272.452.151.891.761.832.02
Total Assets 11.3112.6916.2616.3815.2714.7013.6714.2413.8115.02

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 0.801.323.520.891.271.38-0.351.05-0.392.52
PBT 1.520.950.550.730.12-0.32-1.480.67-0.150.22
Adjustment 0.030.551.211.161.141.070.990.940.870.79
Changes in Working Capital -0.72-0.181.77-10.010.630.14-0.57-1.121.51
Tax Paid 0000000000
Cash Flow From Investing Activity -1.41-1.33-3.99-0.57-0.31-0.140-0.06-0.56-0.39
Capex -1.45-1.58-5.08-1.31-0.41-0.22-0.08-0.15-0.64-0.46
Net Investments -0.2200.900.64000000
Others 0.260.250.190.100.100.080.080.090.080.07
Cash Flow From Financing Activity 0.420.310.87-0.21-1.96-0.04-0.05-0.0900
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000.01000000
Interest Paid 0-0.07-0.17-0.22-0.11-0.04-0.02-0.0200
Dividend Paid 0000000000
Others 0.420.381.040-1.850-0.03-0.0700
Net Cash Flow -0.180.300.400.11-11.19-0.400.90-0.952.12
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)14.2510.755.687.10.44-2.51-14.695.31-2.311.77
ROCE (%)21.1416.7111.797.911.97-2.55-16.377.4-1.462.78
Asset Turnover Ratio0.810.770.770.841.061.220.691.21.261.42
PAT to CFO Conversion(x)0.751.396.41.2225.4N/AN/A2.14N/A14.82
Working Capital Days
Receivable Days23231211181528304338
Inventory Days0001224232
Payable Days00000000-9,8820

Dhanvantri Jeevan Rekha Ltd Stock News

Dhanvantri Jeevan Rekha Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of DhanvantriJeevan Rek on 21-Nov-2024 16:59 is ₹20.74.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of DhanvantriJeevan Rek stood at ₹8.50.
The latest P/E ratio of DhanvantriJeevan Rek as of 21-Nov-2024 16:59 is 14.17.
The latest P/B ratio of DhanvantriJeevan Rek as of 21-Nov-2024 16:59 is 0.87.
The 52-week high of DhanvantriJeevan Rek is ₹27.73 and the 52-week low is ₹10.94.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of DhanvantriJeevan Rek is ₹21.71 ( Cr.) .

About Dhanvantri Jeevan Rekha Ltd

Dhanvantri Jeevan Rekha, incorporated on June 11, 1993 is a multi speciality hospital providing reliable diagnostic and therapeutical services. We lay great emphasis on providing good nursing care and clean environment. Dhanvantri hospital has been on the fore front of providing state of art equipment and services in western UP since 1994.

It offers diagnostic and therapeutic facilities in all specialities, well equipped multidisciplinary intensive care units and cashless hospitalization for accredited patients.

The company is basically engaged in offering different medical facilities like Cardiac Care, Endourology, Gastroenterology, Neuro Surgery, Neurology, Anestheslogy and Orthopedic Surgery.

The company was incorporated as a Public Limited Company with the Registrar of Companies in Uttar Pradesh with the main object of providing diagnostic and therapeutic services including Magnetic Resonance Imaging  (MRI). The company obtained certificate for commencement of business on August 2, 1993. The company was incorporated  with an authorized capital of Rs. 200 Lacs which was subsequently increased to Rs. 500 Lacs from time to time.

In the month of October 1993 the company acquired a constructed building at 1, Saket, Meerut for establishing the Diagnostic Centre. The renovation of the site has already been completed. Diagnostic equipments in the Urology and Cardiology Sections have already been installed and are in operation. The company has acquired the adjacent plot in 2004 on which the future expansion plan is expected to commence shortly.

Services offered by the company:

  • Female Urology
  • Impotency
  • Infertility
  • Lithotripsy
  • Paediatric Urology
  • Cystometrogram
  • Uroflowmetry
  • Uro Oncology 
  • Uro Lithiasis
  • Stricture Urethra
  • Renal Transplant & Dialysis

Future plans :

  • A 100 bedded new wing
  • 30 bedded ICU.
  • Multislice spiral CT scan. 
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