# Aster DM Healthcare (ASTERDM) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/asterdm

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹712.15
- Change: -1.03%
- As of: 2026-11-06
- 1D return: -1.03%
- 5D return: +4.55%
- 1M return: +5.17%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

ASTERDM (₹719.55) shows a mixed technical picture as of 2026-11-05, with bullish momentum on daily and monthly charts but bearish pressure on the weekly timeframe. The stock is trading above its 20-day EMA, 50-day EMA, and Supertrend, indicating short-term strength, yet it sits below the 50-day SMA and weekly Supertrend, suggesting broader resistance. Trend strength is developing on the daily scale (ADX 23.42) and established on the monthly scale (ADX 30.58). Price is near the upper end of its 20-day range (+88.7%) but around the middle of its 52-week range (+53.9%). Recent activity includes high participation without clear direction on 2026-11-05 and a wide intraday range on 2026-11-04. Key support lies at ₹709.20 (-1.44%), while immediate resistance is at ₹731.53 (+1.66%). Annualized volatility is +30.3%, with a current drawdown of -17.3%.

The setup strengthens if price sustains above the 20-day EMA and breaks through ₹731.53 with volume. It weakens if price closes below the 20-day EMA or fails to hold the ₹709.20 pivot support.

- Price is above daily 20/50 EMAs and Supertrend, but below weekly Supertrend and 50-day SMA, signaling conflicting timeframes.
- Near-term support at ₹709.20 (-1.44%); resistance at ₹731.53 (+1.66%) and ₹739.35 (+2.75%).
- Daily trend strength is developing (ADX 23.42); monthly trend is established (ADX 30.58).
- High participation noted on 2026-11-05 (volume ratio 2.45) without directional clarity; annualized volatility is +30.3%.

- Morning Star
- Inside Bar
- Bearish Engulfing Reversal
- Evening Star
- Bullish Engulfing Reversal
- Outside Bar

### What Changed

On November 6, 2026, Aster DM Healthcare (listed on the NSE) is scheduled to announce its Q2 FY2026 results. This earnings release places the company in focus for retail investors during the current quarterly reporting season, alongside other major entities such as Hindalco, Siemens, and Titan. The announcement occurs against a backdrop of broader market activity; the Nifty index recently reclaimed the 24,500 level, closing at 24,536, supported by easing crude oil prices and a stronger rupee. While the specific financial metrics or operational changes resulting from the Q2 FY2026 results are not yet detailed in the available evidence, the timing of the disclosure marks a key event for assessing the company's recent performance trajectory.

- Aster DM Healthcare is set to report Q2 FY2026 results on November 6, 2026.
- The earnings announcement positions the stock among several major Indian companies in focus during the current results season.
- Market context includes the Nifty reclaiming 24,500 (closing at 24,536) following a sixth consecutive winning session.

- [Q2 Results Today Live: Hindalco, Bosch, Siemens, Aster DM, Coromandel Intl, Gland Pharma, Voltas, Nuvama Wealth, 3M India to announce Q2 results, Bharti Airtel, LIC, Titan, ONGC, M&M shares in focus](https://www.thehindubusinessline.com/markets/q2-results-today-live-updates-hindalco-ind-bosch-siemens-aster-dm-coromandel-intl-gland-pharma-voltas-nuvama-wealth-3m-india-airtel-lic-titan-mahindra-ongc-company-results-06-november-2026/article71669522.ece)
- [Top stocks to watch today: Hindalco, Bharti Airtel, LIC, ONGC shares in focus on Friday, 6 Nov | Full list](https://www.livemint.com/market/stock-market-news/top-stocks-to-watch-today-hindalco-bharti-airtel-lic-ongc-shares-in-focus-on-friday-6-nov-full-list-11793928004864.html)
- [Nifty reclaims 24,500 as crude prices ease: Can the rally extend further?](https://www.cnbctv18.com/market/nifty-outlook-friday-november-6-index-reclaims-24500-as-crude-prices-ease-can-the-rally-extend-further-20028314.htm)

### Fundamentals

Aster DM Healthcare’s Q1 FY2026-27 results reveal a sharp deterioration in profitability despite continued top-line growth. Revenue from operations rose sequentially to ₹1,310.68 crore, but Profit Before Tax (PBT) collapsed by 49.7% to ₹86.47 crore. This contraction was driven primarily by a ₹114.38 crore exceptional loss before tax, contrasting with a ₹33 lakh gain in the prior quarter. Operating expenses also expanded significantly to ₹1,146.86 crore, outpacing revenue growth and compressing margins.

On an annual basis, the divergence between operating performance and net profit remains stark. While Sales grew 12.2% year-on-year to ₹4,643 crore and Operating Profit increased to ₹875 crore, Net Profit plummeted from ₹5,408 crore in Mar 2025 to ₹427 crore in Mar 2026. This drop is attributable to Other Income falling from ₹5,168 crore to just ₹91 crore, indicating that previous years’ strong bottom lines were heavily supported by non-operating items rather than core business efficiency.

Financial health metrics show mixed signals. Cash flow from operations improved robustly, rising to ₹656 crore in Mar 2026, and cash conversion efficiency reached 93%. However, borrowings increased to ₹2,594 crore, and Fixed Assets grew to ₹4,242 crore, suggesting ongoing capital expenditure. Shareholding patterns indicate a significant shift, with promoters increasing their stake to 53.78% in Sep 2026, while FIIs reduced theirs to 12.26%.

The critical checkpoint for the next period is whether the company can stabilize its cost structure and eliminate exceptional losses to restore PBT margins, as current earnings quality is compromised by one-off charges and reliance on non-operating income.

- Q1 FY2026-27 PBT fell 49.7% to ₹86.47 crore due to a ₹114.38 crore exceptional loss, reversing a ₹33 lakh gain in Q4 FY2025-26.
- Annual Net Profit dropped sharply to ₹427 crore (Mar 2026) from ₹5,408 crore (Mar 2025), driven by Other Income collapsing from ₹5,168 crore to ₹91 crore.
- Operating Profit grew 15.8% YoY to ₹875 crore, and CFO improved to ₹656 crore, highlighting a divergence between core operational cash generation and reported net earnings.
- Promoters increased holding to 53.78% in Sep 2026, while FIIs reduced stakes to 12.26%; borrowings rose to ₹2,594 crore.

### Bear Case

Aster DM Healthcare faces near-term technical headwinds and significant historical volatility that warrant caution. While the daily trend remains bullish with the price at ₹719.55, the weekly trend has turned bearish, signaling a potential shift in momentum. The stock is currently trading 17.3% below its recent peak, having experienced a maximum drawdown of 25.9%, indicating substantial downside risk during this cycle. Performance metrics show divergence: while year-to-date returns are positive at +18.6%, the three-month return is negative at -14.6%, and the six-month return is down 3.1%. High annualized volatility of 30.3% suggests erratic price action. Investors should monitor the immediate support level at ₹709.20; a break below this pivot could expose further declines toward ₹689.40.

- Weekly trend has turned bearish despite daily bullish signals, suggesting weakening intermediate momentum.
- The stock is in a correction phase, trading 17.3% below its high after a -14.6% drop over the last three months.
- High annualized volatility (30.3%) and a maximum drawdown of 25.9% indicate elevated price instability.
- Immediate technical support sits at ₹709.20; failure to hold this level may trigger further downside toward ₹689.40.

- [Q2 Results Today Live: Hindalco, Bosch, Siemens, Aster DM, Coromandel Intl, Gland Pharma, Voltas, Nuvama Wealth, 3M India to announce Q2 results, Bharti Airtel, LIC, Titan, ONGC, M&M shares in focus](https://www.thehindubusinessline.com/markets/q2-results-today-live-updates-hindalco-ind-bosch-siemens-aster-dm-coromandel-intl-gland-pharma-voltas-nuvama-wealth-3m-india-airtel-lic-titan-mahindra-ongc-company-results-06-november-2026/article71669522.ece)
- [Top stocks to watch today: Hindalco, Bharti Airtel, LIC, ONGC shares in focus on Friday, 6 Nov | Full list](https://www.livemint.com/market/stock-market-news/top-stocks-to-watch-today-hindalco-bharti-airtel-lic-ongc-shares-in-focus-on-friday-6-nov-full-list-11793928004864.html)
- [Nifty reclaims 24,500 as crude prices ease: Can the rally extend further?](https://www.cnbctv18.com/market/nifty-outlook-friday-november-6-index-reclaims-24500-as-crude-prices-ease-can-the-rally-extend-further-20028314.htm)
- [Financial Results |Meeting Date: 06-Nov-2026](https://nsearchives.nseindia.com/corporate/ASTERDM2_28102026185726_Intimation.pdf)
- [Aster DM Quality Care Limited has informed the Exchange about Schedule of Q2 FY 2026-27 Earnings Conference Call with analysts/ Investors |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ASTERDM2_28102026190707_SE.pdf)
- [ASTER DM QUALITY CARE LIMITED has informed the Exchange about Board Meeting to be held on 06-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_15805_WebXMLFile_20261028_191253868.xml)
- [Board Meeting Intimation |Meeting Date: 06-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_15805_WebXMLFile_20261028_191253868.xml)
- [ASTER DM QUALITY CARE LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15805_WebXMLFile_20261028_191757872.xml)
- [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 53.79 | PUBLIC_VAL: 46.1 | EMPTR: .11 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 21-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1742841_21102026031953_WEB.xml)
- [Aster DM Quality Care Limited has informed the Exchange regarding transcript of 18th Annual General Meeting held on September 28, 2026 |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/ASTERDM2_14102026190843_SEtranscript18AGMs.pdf)

### FAQs

**What is the schedule for Aster DM Healthcare's Q2 FY2026-27 results and investor call?**

The Board of Directors will meet on 6 November 2026 to approve unaudited financial results for the quarter and half-year ended 30 September 2026. An earnings conference call with analysts and institutional investors is scheduled for the same day at 18:00 IST, featuring management including Executive Chairman Dr. Azad Moopen and Group CFO Mr. Sunil Kumar M R.

**How has the stock performed technically over recent periods as of 5 November 2026?**

As of 5 November 2026, the stock closed at ₹719.55 with a market capitalization of approximately ₹62,721 crore. It has gained +18.6% year-to-date and +4.5% over the past year, though it remains down -14.6% over three months and -3.1% over six months. The current drawdown stands at -17.3% from its peak.

**What are the key technical support and resistance levels for ASTERDM?**

Immediate resistance lies at ₹731.53 (1.66% above), followed by ₹739.35 and ₹759.15. Key support levels are located at ₹709.20 (1.44% below) and ₹689.40 (4.19% below). The daily trend shows a bullish Supertrend direction, while the weekly trend indicates a bearish Supertrend direction.

- [Q2 Results Today Live: Hindalco, Bosch, Siemens, Aster DM, Coromandel Intl, Gland Pharma, Voltas, Nuvama Wealth, 3M India to announce Q2 results, Bharti Airtel, LIC, Titan, ONGC, M&M shares in focus](https://www.thehindubusinessline.com/markets/q2-results-today-live-updates-hindalco-ind-bosch-siemens-aster-dm-coromandel-intl-gland-pharma-voltas-nuvama-wealth-3m-india-airtel-lic-titan-mahindra-ongc-company-results-06-november-2026/article71669522.ece)
- [Top stocks to watch today: Hindalco, Bharti Airtel, LIC, ONGC shares in focus on Friday, 6 Nov | Full list](https://www.livemint.com/market/stock-market-news/top-stocks-to-watch-today-hindalco-bharti-airtel-lic-ongc-shares-in-focus-on-friday-6-nov-full-list-11793928004864.html)
- [Nifty reclaims 24,500 as crude prices ease: Can the rally extend further?](https://www.cnbctv18.com/market/nifty-outlook-friday-november-6-index-reclaims-24500-as-crude-prices-ease-can-the-rally-extend-further-20028314.htm)
- [Financial Results |Meeting Date: 06-Nov-2026](https://nsearchives.nseindia.com/corporate/ASTERDM2_28102026185726_Intimation.pdf)
- [Aster DM Quality Care Limited has informed the Exchange about Schedule of Q2 FY 2026-27 Earnings Conference Call with analysts/ Investors |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/ASTERDM2_28102026190707_SE.pdf)
- [ASTER DM QUALITY CARE LIMITED has informed the Exchange about Board Meeting to be held on 06-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_15805_WebXMLFile_20261028_191253868.xml)
- [Board Meeting Intimation |Meeting Date: 06-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_15805_WebXMLFile_20261028_191253868.xml)
- [ASTER DM QUALITY CARE LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15805_WebXMLFile_20261028_191757872.xml)
- [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 53.79 | PUBLIC_VAL: 46.1 | EMPTR: .11 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 21-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1742841_21102026031953_WEB.xml)
- [Aster DM Quality Care Limited has informed the Exchange regarding transcript of 18th Annual General Meeting held on September 28, 2026 |SUBJECT: Shareholders meeting](https://nsearchives.nseindia.com/corporate/ASTERDM2_14102026190843_SEtranscript18AGMs.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹720.03
- Risk regime: Price Risk Requires Attention

### Support levels
- 572.43125
- 547.575
- 492.2

### Resistance levels
- 731.5250000000001
- 776.6703125
- 800.375

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -1.03% |
| return_10 | +10.45% |
| return_1m | +4.01% |
| return_1y | +3.62% |
| return_20 | +5.17% |
| return_3m | -15.67% |
| return_5 | +4.55% |
| return_6m | -2.59% |
| return_since_start | +36.75% |
| return_ytd | +17.38% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -25.87% |
| annualized_volatility | +30.24% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Aster DM Quality Care Limited Q2 FY2026-27: Revenue up 136% year on year

Revenue from operations was ₹2,829 crore in the quarter ended 30 September 2026, up 136% year on year and 116% sequentially. Profit before tax rose to ₹427 crore from ₹181 crore in Q2 FY2025-26 and ₹86 crore in Q1 FY2026-27; profit for the period was ₹322 crore.

## Revenue, expenses and profit

Total income was ₹2,881 crore, up 135% year on year and 114% from Q1 FY2026-27. Expenses increased 133% year on year to ₹2,434 crore. Reported costs included ₹610 crore of purchases of stock in trade and ₹466 crore of employee benefit expense.

Depreciation and amortisation was ₹150 crore. Finance costs were ₹119 crore, compared with ₹31 crore in Q1 FY2026-27 and ₹31 crore in Q2 FY2025-26.

Profit before exceptional items and tax was ₹446 crore, versus ₹201 crore in Q1 FY2026-27 and ₹181 crore in Q2 FY2025-26. The exceptional-item charge was ₹19 crore, down from ₹114 crore in the preceding quarter, bringing profit before tax to ₹427 crore.

## Tax, earnings and attribution

Tax expense was ₹97 crore, comprising ₹107 crore of current tax and a deferred tax credit of ₹10 crore. Profit for the period was ₹322 crore: ₹262 crore was attributable to owners of the parent and ₹60 crore to non-controlling interests.

Earnings per share were ₹3.19, compared with ₹0.31 in Q1 FY2026-27 and ₹2.13 in Q2 FY2025-26.

## Balance sheet and liquidity

Total assets stood at ₹17,523 crore at 30 September 2026, compared with ₹8,112 crore at 31 March 2026. Property, plant and equipment was ₹6,708 crore, goodwill ₹2,721 crore and other intangible assets ₹979 crore at the reporting date.

Equity was ₹9,229 crore, including ₹7,790 crore attributable to owners of the parent. Non-current borrowings were ₹3,410 crore and current borrowings ₹549 crore.

Cash and cash equivalents were ₹776 crore, compared with ₹228 crore at 31 March 2026; other bank balances were ₹1,380 crore. Trade receivables increased to ₹841 crore from ₹307 crore, while inventories rose to ₹218 crore from ₹91 crore over the same period.

## Key Takeaway

Aster DM reported a sharp increase in revenue and profit before tax, alongside higher finance costs and a substantially larger balance sheet. Borrowings, cash, receivables and inventories all increased from 31 March 2026, making the evolving balance-sheet position an important complement to the quarter’s earnings growth.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +53.72%
- FII holding: +6.24%
- DII holding: +16.48%
- Mutual fund holding: +15.93%
- Retail holding: +1.84%
- Promoter pledged: +0.00%

### Major reported shareholders

- Bcp Asia Ii Topco Iv Pte.Ltd. — +29.71% (Bodies Corporate)
- Union Investments Private Limited — +21.44% (Bodies Corporate)
- Centella Mauritius Holdings Limited — +9.90%
- Hdfc Small Cap Fund — +5.19%
- Rimco (Mauritius) Limited — +4.08%
- Kotak Small Cap Fund — +2.84%
- Union (Mauritius) Holdings Limited — +2.29% (Bodies Corporate)
- Sbi Contra Fund — +1.62%
- Quant Mutual Fund - Quant Small Cap Fund — +1.35%
- Rashid Aslam Bin Mohideen Mammu Haji — +1.29%

## Official filings

- 2026-11-07 — Generic Announcement: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_15805_WebXMLFile_20261107_143338334.xml)
- 2026-11-07 — Generic Announcement: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15805_WebXMLFile_20261107_143714853.xml)
- 2026-11-07 — Generic Announcement: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_15805_WebXMLFile_20261107_144902113.xml)
- 2026-11-06 — Generic Announcement: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTERDM2_06112026165600_q2UFRs.pdf)
- 2026-11-06 — Earnings Presentation: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTERDM2_06112026171202_sePresentation.pdf)
- 2026-11-06 — Press Release: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTERDM2_06112026172136_PressRealease.pdf)
- 2026-11-06 — Earnings Presentation: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTERDM2_06112026175922_Presentation_1.pdf)
- 2026-11-06 — Financial Results Filing: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1755067_06112026071834_WEB.xml)
- 2026-11-06 — Financial Results Filing: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1755065_06112026071821_WEB.xml)
- 2026-11-06 — Generic Announcement: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTERDM2_06112026193525_Outcomesigned.pdf)
- 2026-11-06 — Generic Announcement: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTERDM2_06112026192230_Outcomesigned.pdf)
- 2026-11-06 — Generic Announcement: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTERDM2_06112026233857_Earning_Call_recording_s.pdf)
- 2026-10-28 — Board Meeting Notice: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTERDM2_28102026185726_Intimation.pdf)
- 2026-10-28 — Generic Announcement: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTERDM2_28102026190707_SE.pdf)
- 2026-10-28 — Generic Announcement: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_15805_WebXMLFile_20261028_191253868.xml)
- 2026-10-28 — Board Meeting Notice: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_15805_WebXMLFile_20261028_191253868.xml)
- 2026-10-28 — Generic Announcement: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_15805_WebXMLFile_20261028_191757872.xml)
- 2026-10-21 — Shareholding Disclosure: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1742841_21102026031953_WEB.xml)
- 2026-10-14 — Generic Announcement: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTERDM2_14102026190843_SEtranscript18AGMs.pdf)
- 2026-10-08 — Generic Announcement: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTERDM2_08102026153148_Cert74Q2s.pdf)
- 2026-09-30 — Generic Announcement: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTERDM2_30092026193918_FinalSEIntAGMResultss.pdf)
- 2026-09-29 — Generic Announcement: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_15805_WebXMLFile_20260929_190427606.xml)
- 2026-09-28 — Generic Announcement: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTERDM2_28092026142052_SEProceedingsAGMs.pdf)
- 2026-09-28 — Generic Announcement: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTERDM2_28092026183437_SEInt_280926sss.pdf)
- 2026-09-28 — Management Change: Aster DM Quality Care Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/ASTERDM2_28092026183810_SEInt_280926sss.pdf)

## News and market events

- 2026-11-06 — Times of India: **Aster DM Quality Care Q2 revenue rises 19% to Rs 2,829 cr** — Aster DM Quality Care reported a 19% year-on-year revenue increase to Rs 2,829 crore and a 34% rise in normalised profit after tax to Rs 281 crore for the second quarter of FY27. This performance marks the first full quarter as a combined entity following the merger of Aster DM Healthcare and Quality Care India, driven by higher patient volumes, improved hospital occupancy, and growth in complex clinical procedures. — [Source](https://timesofindia.indiatimes.com/business/india-business/aster-dm-quality-care-q2-revenue-rises-19-to-rs-2829-cr/articleshow/135613343.cms)
- 2026-11-06 — The Hindu: **Aster DM Q2 PAT rises 34% to ₹281 crore, revenue up 19%** — Aster DM Healthcare reported a 34% year-on-year increase in normalised profit after tax to ₹281 crore and a 19% rise in revenue to ₹2,829 crore for the second quarter of FY27. The growth was driven by a 12% increase in total patient volumes, improved occupancy rates, and a 36% surge in medical value travel revenues from markets including the Maldives and GCC countries. — [Source](https://www.thehindubusinessline.com/companies/aster-dm-q2-pat-rises-34-to-281-crore-revenue-up-19/article71675108.ece)
- 2026-11-06 — CNBC-TV18: **Aster DM Quality Care Q2 results: Net profit more than doubles to ₹262 crore** — Aster DM Quality Care reported a consolidated net profit of ₹262 crore for Q2 FY27, more than doubling from the year-ago period, driven by revenue growth to ₹2,829 crore and an improved EBITDA margin of 23.5%. The company attributed this performance to higher patient volumes, operational efficiencies, and strong results from emerging units following its integration as a combined entity. Additionally, the firm expanded its bed capacity by adding 4,230 beds and secured key clinical accreditations while planning further network expansion. — [Source](https://www.cnbctv18.com/market/aster-dm-quality-care-q2-results-net-profit-more-than-doubles-to-rs262-crore-20029090.htm)
- 2026-11-06 — The Hindu: **Q2 Results Today Live: Hindalco, Bosch, Siemens, Aster DM, Coromandel Intl, Gland Pharma, Voltas, Nuvama Wealth, 3M India to announce Q2 results, Bharti Airtel, LIC, Titan, ONGC, M&M shares in focus** — The Hindu Business Line is providing live updates on the Q2 FY2026 earnings announcements for a broad range of listed Indian companies, including Hindalco, Bosch, Siemens, and Titan. The report highlights that shares of major entities such as Bharti Airtel, LIC, ONGC, and Mahindra & Mahindra are in focus during this quarterly results season. — [Source](https://www.thehindubusinessline.com/markets/q2-results-today-live-updates-hindalco-ind-bosch-siemens-aster-dm-coromandel-intl-gland-pharma-voltas-nuvama-wealth-3m-india-airtel-lic-titan-mahindra-ongc-company-results-06-november-2026/article71669522.ece)
- 2026-11-06 — Mint: **Top stocks to watch today: Hindalco, Bharti Airtel, LIC, ONGC shares in focus on Friday, 6 Nov | Full list** — The Indian stock market is expected to open lower on November 6, with GIFT Nifty signaling a weak start despite the previous session's sharp rally. Several major stocks including Hindalco, Bharti Airtel, LIC, ONGC, Titan, Glenmark Pharma, and Vedant Fashions are in focus due to Q2 FY27 earnings releases and corporate developments. — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-to-watch-today-hindalco-bharti-airtel-lic-ongc-shares-in-focus-on-friday-6-nov-full-list-11793928004864.html)
- 2026-11-06 — CNBC-TV18: **Nifty reclaims 24,500 as crude prices ease: Can the rally extend further?** — The Nifty index extended its winning streak to a sixth consecutive session, closing at 24,536 as easing crude oil prices and a stronger rupee supported the rally. Analysts view the reclaiming of key moving averages as a bullish development, with near-term outlooks positive due to firm global cues and improving domestic demand expectations. — [Source](https://www.cnbctv18.com/market/nifty-outlook-friday-november-6-index-reclaims-24500-as-crude-prices-ease-can-the-rally-extend-further-20028314.htm)
- 2026-10-28 — BUSINESSTODAY: **Alisha Moopen on expanding hospital capacity beyond 15,000 beds** — Bringing multiple hospital networks under a common platform is the next phase of growth for Alisha Moopen, Executive Director of Aster DM Quality Care.The integration of Aster DM Healthcare, CARE Hospitals, KIMSHEALTH and Evercare brings together 39 hospitals across 28 cities, with more than 10,800 beds.The task is to turn the enlarged network into a more efficient business. — [Source](https://www.businesstoday.in/magazine/profile/story/alisha-moopen-on-expanding-hospital-capacity-beyond-15000-beds-564278-2026-10-28)
- 2026-10-12 — MONEYCONTROL: **Why can't margin cap apply to all medicines, SC asks Centre; Apollo, other hospital stocks fall up to 6.5%** — hospital stocks, Apollo Hospitals, Fortis Healthcare — [Source](https://www.moneycontrol.com/news/business/markets/why-can-t-margin-cap-apply-to-all-medicines-sc-asks-centre-apollo-other-hospital-stocks-fall-up-to-6-5-14050215.html)
- 2026-10-12 — CNBC-TV18: **Explained - Why Apollo Hospitals, Fortis, Aster DM, Park Medi world sold off again on Monday** — The Supreme Court asked the government as to why can they not control the entire market of drugs and that they are only looking to strengthen the hands of the government. — [Source](https://www.cnbctv18.com/market/apollo-hospitals-fortis-aster-max-health-park-medi-share-price-why-they-fell-on-monday-supreme-court-drug-pricing-20009921.htm)
- 2026-10-01 — MONEYCONTROL: **Hospital stocks extend losses as drug-pricing regulation concerns linger; Apollo, Max among top Nifty losers** — hospital stocks today, healthcare stocks update, nifty healthcare update, apollo hospitals shares fall, max healthcare shares crash — [Source](https://www.moneycontrol.com/news/business/markets/hospital-stocks-extend-losses-as-drug-pricing-regulation-concerns-linger-apollo-max-among-top-nifty-losers-14042456.html)
- 2026-10-01 — Economic Times: **Hospital stocks slip after SC query on steep cancer drug markups** — In a landmark ruling, the Supreme Court of India highlighted troubling markups on cancer drugs enforced by hospitals, urging a probe into reports of patients being directed to specific pharmacies for their medications. Following this announcement, the BSE Hospitals Index faced a steep 5% drop, leading to notable losses for industry giants like Apollo Hospitals and Fortis Healthcare. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/hospital-stocks-slip-after-sc-query-on-steep-cancer-drug-markups/articleshow/134605708.cms)
- 2026-09-30 — Economic Times: **Hospital stocks fall up to 6%: Apollo, Fortis, KIMS tumble as SC questions drug mark-ups** — Hospital stocks came under pressure after the Supreme Court raised concerns over steep mark-ups on medicines sold through corporate hospitals. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/hospital-stocks-fall-up-to-6-apollo-fortis-kims-tumble-as-sc-questions-drug-mark-ups/articleshow/134589671.cms)
- 2026-09-30 — BUSINESSTODAY: **Yatharth, Apollo, KIMS, Fortis, Max Healthcare stocks fall: Why hospital stocks are declining today** — Yatharth Hospital, Apollo Hospitals, KIMS, Fortis Healthcare, Max Healthcare, hospital stocks, healthcare stocks, Supreme Court, cancer medicine markup, medicine pricing, corporate hospitals, hospital shares, healthcare sector, hospital stocks today — [Source](https://www.businesstoday.in/markets/stocks/story/yatharth-apollo-kims-fortis-max-healthcare-stocks-fall-why-hospital-stocks-are-declining-today-558704-2026-09-30)
- 2026-09-30 — MONEYCONTROL: **Apollo Hospitals, Yatharth, others fall up to 6% on SC's 'corporate hospitals don't spare anyone' remark** — Apollo Hospitals, Yatharth, Supreme Court, Max Healthcare — [Source](https://www.moneycontrol.com/news/business/markets/apollo-hospitals-yatharth-others-fall-up-to-6-on-sc-s-corporate-hospitals-don-t-spare-anyone-remark-14041699.html)
- 2026-09-30 — Mint: **Hospital stocks Max Healthcare, Apollo Hospitals, Fortis plunge up to 7% - What is driving the stocks down?** — Stocks, such as Max Healthcare Institute (down 7%), Apollo Hospitals Enterprise (down 6%), Yatharth Hospital (down 5%), Fortis Healthcare (down 6%), Artemis Medicare Services (down 5%), and Aster DM Quality Care (down 5%), crashed 5-7%. — [Source](https://www.livemint.com/market/stock-market-news/hospital-stocks-max-healthcare-apollo-hospitals-fortis-plunge-up-to-7-what-is-driving-the-stocks-down-11790743999700.html)
- 2026-09-28 — Mint: **Up over 20% YTD despite weak market sentiment; Motilal Oswal says buy this hospital stock - Check target price** — Motilal Oswal expresses bullish sentiment on a hospital stock that has gained 24% YTD. With potential upside of 20% to 46%, the firm details revenue growth projections and scenarios for investor consideration, highlighting the stock's resilience amid broader market challenges. — [Source](https://www.livemint.com/market/stock-market-news/up-over-20-ytd-despite-weak-market-sentiment-motilal-oswal-says-buy-this-hospital-stock-check-target-price-11790582195610.html)
- 2026-09-28 — MONEYCONTROL: **Buy Aster DM Healthcare; target of Rs 910: Motilal Oswal** — Motilal Oswal, Aster DM Healthcare, buy, Recommendations — [Source](https://www.moneycontrol.com/news/business/stocks/buy-aster-dm-healthcare-target-of-rs-910-motilal-oswal-14039789.html)
- 2026-09-15 — MONEYCONTROL: **MFs raise healthcare, capital goods allocation in August; consumer weight hits decade low** — MF holding, August — [Source](https://www.moneycontrol.com/news/business/mfs-raise-healthcare-capital-goods-allocation-in-august-consumer-weight-hits-decade-low-14029813.html)
- 2026-09-03 — Mint: **High conviction picks: Up to 44% upside - 5 large caps, 9 mid and small caps stocks | Check share price target** — Discover high-conviction stock picks that analysts believe could yield significant returns amid market volatility. This article highlights five large-cap stocks and nine mid/small caps, detailing their target prices and potential upside.  — [Source](https://www.livemint.com/market/stock-market-news/high-conviction-picks-up-to-44-upside-5-large-caps-9-mid-and-small-caps-stocks-check-share-price-target-11788421872542.html)
- 2026-09-01 — MONEYCONTROL: **Business news live: Piramal Finance closes Rs 3,850 crore capital raise** — business news live, ipo, gmp, gold, silver, oil price, india — [Source](https://www.moneycontrol.com/news/business/india-business-news-live-business-news-gold-silver-rbi-gmp-ipo-liveblog-14019424.html)
- 2026-08-28 — Economic Times: **Advent, Aster DM in Talks to Buy Yatharth Hospitals** — Advent International and Blackstone-backed Aster DM Quality Care are negotiating to acquire a controlling stake in Yatharth Hospitals and Trauma Care Services, a listed, north India-centric, specialty hospital chain, said people with knowledge of the matter. — [Source](https://economictimes.indiatimes.com/epaper/delhicapital/2026/aug/28/et-front/advent-aster-dm-in-talks-to-buy-yatharth-hospitals/articleshow/133578347.cms)
- 2026-08-28 — MONEYCONTROL: **Aster, Advent eye controlling stake in Yatharth Hospital, says report; shares rise 4.5%** — Aster, advent, yatharth hospitals, yatharth hospitals sale — [Source](https://www.moneycontrol.com/news/business/aster-advent-eye-controlling-stake-in-yatharth-hospital-says-report-shares-rise-4-5-14017367.html)
- 2026-08-20 — CNBC-TV18: **This PSU is up 8% as markets bounce back from slump; Here's a look at the top Nifty 500 movers at market open** — Some Nifty 500 stocks rallied as others slipped on reasons including crude oil's extended rise. Here's a look at today's top gainers and losers at market open — [Source](https://www.cnbctv18.com/photos/market/nifty-500-top-gainers-losers-market-open-muthoot-finance-hdb-financial-hindalco-mmtc-oil-india-19973249.htm)
- 2026-08-19 — MONEYCONTROL: **TPG pares 6.66% stake in Aster DM Quality Care; HDFC MF, Citigroup, Kotak Mahindra AMC among buyers** — Aster DM Quality Care news,Aster DM Quality Care bulk deals — [Source](https://www.moneycontrol.com/news/business/markets/tpg-pares-6-66-stake-in-aster-dm-quality-care-hdfc-mf-citigroup-kotak-mahindra-amc-among-buyers-14010544.html)
- 2026-08-19 — CNBC-TV18: **Aster DM Quality Care Block Deal: Shares worth nearly ₹7,800 crore change hands** — On Tuesday, August 18, CNBC-TV18 reported that Centella Mauritius Holdings was likely to sell 7.2% stake in Aster DM Quality Care, formerly known as Aster DM Healthcare, via a block deal worth around ₹4,780 crore. — [Source](https://www.cnbctv18.com/market/aster-dm-quality-care-share-price-block-deal-value-tpg-seller-buyer-shareholding-19972260.htm)

## Business profile

**Strategic vision:** Integrated healthcare provider operating hospitals, pharmacies, and diagnostic centres.

### Business segments
- **Hospitals:** Operates a network of hospitals across multiple Indian states, with plans for significant bed capacity expansion.
- **Pharmacies:** Provides pharmacy services as part of its integrated healthcare network.
- **Diagnostic Centres:** Operates diagnostic centres as part of its integrated healthcare network.

### Competitive strengths
- Integrated healthcare network
- Strategic presence in non-metro cities

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/asterdm
Markdown representation: https://faxioms.com/stocks/asterdm?render=md