Chandan Healthcare

SMENSE: CHANDAN
Compare with peers
₹ 232.00▲ 7.8 (+3.48%)29 Oct, 03:29 pm IST
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.

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.

  • 13 Oct 2026General UpdatesHigh impactVery positivePrice +2.3% on 14 Oct
    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.

    Filing
  • 6 Oct 2026General UpdatesLow impactPositivePrice +5.1% on 7 Oct
    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.

    Filing

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
BBB-
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
CRISILCrisil BBB-/Watch DevelopingWatch: Developing17 Aug 2026
Credit rating actions
RatingDetails
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 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
29 May 2026Financial ResultsTo consider and approve the financial results for the period ended March 31, 2026
14 Feb 2026Board Meeting IntimationChandan 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 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
10 Oct 2025Fund RaisingTo consider Fund Raising
27 May 2025Financial ResultsTo consider and approve the financial results for the period ended March 31, 2025

Share price

1M change −1.9%
1 of 2 filing days came with a big price moveBiggest +5.1% on 7 Oct 2026AI reading matched the move 1 of 1
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales55636868657681
Expenses46525454536461
Operating Profit9101414121120
OPM %16.3%16.3%20.4%20.8%18.2%15.2%24.2%
Other Income0211−121
Interest1111125
Depreciation1342244
Profit before tax7910117812
Tax %30.2%29.6%35.7%25.8%24.9%36.6%32.3%
Net Profit4668558
EPS in Rs2.12.462.373.191.8623.07

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
—
3 Years
26%
TTM
20%
Compounded Profit Growth
10 Years
—
5 Years
—
3 Years
79%
TTM
−12%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
—
TTM
—
Return on Equity
10 Years
—
5 Years
19%
3 Years
22%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
49.61%
+0.18 pts in a year
FIIs
0.01%
−3.85 pts in a year
DIIs
5.09%
−1.23 pts in a year
Public
45.29%
+4.91 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 20.9xEPS (12 months) ₹ 10.74Median P/E 25.6x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Chandan Healthcare₹ 232.00₹ 533 Cr.20.9x3.3x13%—
Apollo Hospitals Enterprise₹ 7,731.95₹ 1,11,174 Cr.64.9x13.4x22%7.8%
Max Healthcare Institute₹ 817.00₹ 79,519 Cr.71.5x9.9x14.3%17.2%
Fortis Healthcare₹ 720.00₹ 54,357 Cr.67.9x7.3x11.1%11.7%
Aster DM Healthcare₹ 651.00₹ 56,817 Cr.102.6x9.3x9.7%9.2%
Narayana Hrudayalaya₹ 1,667.25₹ 33,862 Cr.48.1x9.1x19.9%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.