Chandan Healthcare
- Market cap
- ₹ 533 Cr.
- P/E
- 20.9x
- P/B
- 3.27x
- 52-week range
- 185.4 – 358
- ROE
- 13%
- ROCE
- 23%
- Dividend yield
- 0%
- Debt / equity
- 0.31
- Sector
- Healthcare Services
- Industry
- Healthcare Service Provider
- Listed on
- NSE SME
About
Chandan Healthcare Limited is an India-based company, which is engaged in the business of operating medical stores. The Company offers a range of pharmaceutical products including medical consumables such as tablets, capsules, syrups, ointments, and a variety of dosage forms, including liquids, solids, and semisolids. It also provides essential items, such as injectables and inhalers to meet the diverse healthcare needs of its customers. Its services are designed to detect early symptoms of diseases and support disease prevention by monitoring various health indicators. Its laboratory has several departments, including clinical biochemistry; clinical pathology; histopathology, cytopathology and immune histochemistry; microbiology and serology; molecular pathology, and cytogenetics. It receives routine and specialized testing requests and related samples for testing from its central reference laboratories, satellite laboratories and collection centers.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Healthcare Service Provider: 36 companies →Chandan Healthcare against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)20.9 against a typical 21: cheaper than most peers (1st = cheapest).17th of 34
- Sales growth+19.1% against a typical +19.1% from a year earlier.17th of 31
- Profit growth+27.9% against a typical +25.2% from a year earlier.10th of 24
- Share price, 3 months−2.6% against a typical −5.5%.12th of 33
- Size₹ 533.1 Cr. market value against a typical ₹ 83 Cr. (1st = largest).12th of 34
Latest announcements
Exchange filings and their impact on the company.
- Q2 diagnostics up 47% with 410 new franchises and a Rs 12 cr one-time stake-sale gain, sharply lifting forward earnings.
Chandan Healthcare reported Q2 FY27 diagnostics revenue of Rs 56.38 cr, up 46.66% year-on-year, with total income of Rs 71.03 cr including a Rs 12.03 cr one-time gain from selling its stake in Chandan Pharmacy. Excluding that gain, total income still grew 43.89%. The company added 410 franchises in the quarter to reach 685, alongside 25 comprehensive centres and 44 diagnostic and radiology labs, signalling a sharp franchise-led scale-up.
- Chandan sanctioned a Rs 5.22 cr ICICI loan to buy a Rs 5.8 cr CT scanner, a small debt-funded capacity addition.
Chandan Healthcare has been sanctioned a Rs 5.22 crore medical equipment loan by ICICI Bank on 5 October 2026 to buy a 128-slice CT scanner costing Rs 5.8 crore. The bank will fund 90% of the cost, with the company contributing 10%, at 8.75% interest for 60 months including a 60-day moratorium, secured by the equipment. The scanner adds diagnostic capacity in its ordinary business and will modestly lift revenue and profit over the next year against a small rise in debt.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB- by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil BBB-/Watch Developing | Watch: Developing | 17 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 17 Aug 2026 | Reaffirmed | Crisil BBB-/Watch Developing | — | CRISIL | ₹ 20 Cr. | |
| 25 Jun 2026 | Rating action | Crisil BBB-/Watch Developing | — | CRISIL | ₹ 20 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 14 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 29 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 14 Feb 2026 | Board Meeting Intimation | Chandan Healthcare Limited has informed the Exchange about Board Meeting to be held on 14-Feb-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended December 2025 . |
| 14 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 10 Oct 2025 | Fund Raising | To consider Fund Raising |
| 27 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Sales | 55 | 63 | 68 | 68 | 65 | 76 | 81 |
| Expenses | 46 | 52 | 54 | 54 | 53 | 64 | 61 |
| Operating Profit | 9 | 10 | 14 | 14 | 12 | 11 | 20 |
| OPM % | 16.3% | 16.3% | 20.4% | 20.8% | 18.2% | 15.2% | 24.2% |
| Other Income | 0 | 2 | 1 | 1 | −1 | 2 | 1 |
| Interest | 1 | 1 | 1 | 1 | 1 | 2 | 5 |
| Depreciation | 1 | 3 | 4 | 2 | 2 | 4 | 4 |
| Profit before tax | 7 | 9 | 10 | 11 | 7 | 8 | 12 |
| Tax % | 30.2% | 29.6% | 35.7% | 25.8% | 24.9% | 36.6% | 32.3% |
| Net Profit | 4 | 6 | 6 | 8 | 5 | 5 | 8 |
| EPS in Rs | 2.1 | 2.46 | 2.37 | 3.19 | 1.86 | 2 | 3.07 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 26%
- TTM
- 20%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 79%
- TTM
- −12%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 19%
- 3 Years
- 22%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Chandan Healthcare | ₹ 232.00 | ₹ 533 Cr. | 20.9x | 3.3x | 13% | — |
| Apollo Hospitals Enterprise | ₹ 7,731.95 | ₹ 1,11,174 Cr. | 64.9x | 13.4x | 22% | 7.8% |
| Max Healthcare Institute | ₹ 817.00 | ₹ 79,519 Cr. | 71.5x | 9.9x | 14.3% | 17.2% |
| Fortis Healthcare | ₹ 720.00 | ₹ 54,357 Cr. | 67.9x | 7.3x | 11.1% | 11.7% |
| Aster DM Healthcare | ₹ 651.00 | ₹ 56,817 Cr. | 102.6x | 9.3x | 9.7% | 9.2% |
| Narayana Hrudayalaya | ₹ 1,667.25 | ₹ 33,862 Cr. | 48.1x | 9.1x | 19.9% | 10.3% |
Management
- Rajeev Nain
- Company Secretary
- Asmita Singh
- Managing Director (Promoter)
Prices are delayed and for information only. Nothing on this page is investment advice.