AATMAJ
Aatmaj Healthcare financials
- Market cap
- ₹41 Cr
- Sector
- Healthcare
What Aatmaj Healthcare Ltd does
Aatmaj Healthcare operates a network of hospitals under the Jupiter Hospital/JTP Hospitals brand, offering secondary and tertiary care across specialties such as cardiology, neurology, neurosurgery, nephrology, orthopedics, obstetrics & gynaecology and critical care. It earns revenue by treating in-patients (IPD) and out-patients (OPD) through owned, leased and MoU-operated hospital properties, supported by consultant doctors, diagnostics, pharmacy and ambulance services. The company also participates in India's Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana government health-coverage scheme.
Segments
- Tertiary care hospital (Jupiter Hospital, Vadodara)
- Secondary care hospitals (JTP Hospitals network)
- General/multi-specialty hospitals
- New unit under development
- Hospitals
- 6 (7th under development at Indore)
- Total bed capacity
- 330 beds, extendable up to 430
- Consultant doctors
- 30 (across various departments)
- Permanent employees
- 95
- Facilities and services
- 15+
- Infrastructure and equipment
- 25+
Quarterly results
Q4 FY26: revenue up 88.4%, net profit up 114.2% against the same quarter last year.
| Line item | Q2 FY23 | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13 | 14 | 9 | 7 | 9 −37% | 11 −20% | 11 +26% | 14 +88% |
| EBITDA | 5 | 5 | 4 | -1 | 0 −91% | 1 −78% | 1 −66% | 1 +177% |
| Net profit | 3 | 3 | 2 | -1 | 0 −89% | 0 −89% | 1 −78% | 0 +114% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −11.4% 1Y
1Y: ₹21 on 10 Sept 2025 → ₹18.6. High ₹25.25 (1 Jan 2026), low ₹17.55 (10 Jul 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹1 Cr | ₹1 Cr | ₹8 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr |
| Reserves | ₹2 Cr | ₹7 Cr | ₹6 Cr | ₹38 Cr | ₹39 Cr | ₹40 Cr |
| Borrowings | ₹4 Cr | ₹5 Cr | ₹12 Cr | ₹5 Cr | ₹11 Cr | ₹21 Cr |
| Other liabilities | ₹2 Cr | ₹4 Cr | ₹5 Cr | ₹3 Cr | ₹3 Cr | ₹5 Cr |
| Total liabilities | ₹10 Cr | ₹17 Cr | ₹31 Cr | ₹58 Cr | ₹65 Cr | ₹77 Cr |
| Fixed assets | ₹8 Cr | ₹11 Cr | ₹11 Cr | ₹18 Cr | ₹18 Cr | ₹29 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹2 Cr | ₹7 Cr | ₹20 Cr | ₹40 Cr | ₹47 Cr | ₹47 Cr |
| Total assets | ₹10 Cr | ₹17 Cr | ₹31 Cr | ₹58 Cr | ₹65 Cr | ₹77 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
Since Mar 2025, promoters added +0.59 pp while the public trimmed −0.59 pp. The shareholder count shrank 9% to 1,288.
- Promoters
- 64.3%
- Public
- 35.7%
Since Mar 2025
- Promoters +0.59 pp
- Public −0.59 pp
How it drifted, 8 quarters
Ownership split by quarter, oldest first. Jun '23: Promoters 63.7%, Public 36.3%.Sep '23: Promoters 63.7%, Public 36.3%.Mar '24: Promoters 63.7%, Public 36.3%.Sep '24: Promoters 63.7%, Public 36.3%.Mar '25: Promoters 63.7%, Public 36.3%.Jun '25: Promoters 63.7%, Public 36.3%.Sep '25: Promoters 63.8%, Public 36.2%.Mar '26: Promoters 64.3%, Public 35.7%.
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Tushar Karshanbhai Suvagiya +0.46 pp 46.70% held
- Jignasa Tusharbhai Suvagiya +0.11 pp 4.09% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of Aatmaj Healthcare Ltd above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Tushar Karshanbhai Suvagiya | 46.70% | +0.46 pp |
| Neomile Corporate Advisory Limited | 4.56% | unchanged |
| Jignasa Tusharbhai Suvagiya | 4.09% | +0.11 pp |
| Jayshree Sanjay Kolambekar | 3.99% | unchanged |
| Jitesh Narshibhai Suvagiya | 3.98% | unchanged |
| Karshanbhai Jethabhai Suvagiya | 3.98% | unchanged |
| Suvagiya Jayaben Karsanbhai | 3.98% | unchanged |
| Ripal Subhash Padmani | 1.99% | unchanged |
| Subhash Padmani | 1.99% | unchanged |
| Ravi Arvind Apte | 1.59% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Aatmaj Healthcare Ltd
Guides on how to read this kind of business and the numbers that matter.