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    Dr Agarwal's Eye

    Leading eye care hospital chain built around Tamil Nadu, offering cataract, retina and refractive surgery plus opticals.

    Healthcare
    Healthcare
    ₹5,002.8
    +0.16% from avg

    Overview

    Price

    ₹5,002.8

    Market Cap

    ₹2.4k Cr

    Sector

    Healthcare

    Healthcare

    Rank

    4

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital55555555
    Reserves515073109152205310341
    Borrowings6068193232268333335326
    Other Liabilities2433424471717994
    Total Liabilities141155314390496613729766
    AssetsFixed Assets9496214260316393409403
    CWIP00266297128157197
    Investments00000138589
    Other Assets4760736783807978
    Total Assets141155314390496613729766

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating25393457709094145
    Cash from Investing-25-17-11-46-71-70-133-174
    Cash from Financing2-20-8-40-141725
    SummaryCapital Expenditure
    Free Cash Flow0222310-119-847
    FCF Margin

    Valuation

    Assumptions

    Current — 526783
    Price
    ₹5,003
    EPS (TTM)
    ₹146.06
    PE (TTM)
    34.3
    Profit growth
    23.1%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (32.2×) and current (34.3×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹5,003
    vs
    Fair value · 15% return
    ₹6,031
    21%Undervalued

    At 23.1% growth and a 32× exit, ₹5003 only delivers your return if you pay ₹6,031. The price is currently baking in 19% growth.

    EPS grows 23.1%/yr for 5 years, then fades to 6% over 2, exits at 32×.

    YearGrowthEPS (₹)
    FY2723.1%179.80
    FY2823.1%221.33
    FY2923.1%272.46
    FY3023.1%335.40
    FY3123.1%412.88
    FY3214.6% ·fade472.95
    FY336.0% ·fade501.33

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Dr Agarwal's Eye

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