Aster DM Healthcare Ltd
NSE:ASTERDM
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| AE |
|
Aster DM Healthcare Ltd
NSE:ASTERDM
|
329.3B INR |
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|
|
| US |
|
HCA Healthcare Inc
NYSE:HCA
|
122.5B USD |
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|
|
| SA |
|
Dr Sulaiman Al-Habib Medical Services Group Co
SAU:4013
|
98B SAR |
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|
|
| ZA |
N
|
Netcare Ltd
JSE:NTC
|
22.7B ZAR |
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|
|
| US |
|
Tenet Healthcare Corp
NYSE:THC
|
20.4B USD |
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|
|
| MY |
I
|
IHH Healthcare Bhd
KLSE:IHH
|
79.3B MYR |
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|
|
| BR |
|
Rede D'Or Sao Luiz SA
BOVESPA:RDOR3
|
96.1B BRL |
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|
|
| ZA |
L
|
Life Healthcare Group Holdings Ltd
JSE:LHC
|
17.3B ZAR |
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|
|
| US |
|
Universal Health Services Inc
NYSE:UHS
|
14.5B USD |
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|
|
| CN |
A
|
Aier Eye Hospital Group Co Ltd
SZSE:300015
|
99.1B CNY |
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|
|
| US |
|
Ensign Group Inc
NASDAQ:ENSG
|
12.5B USD |
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|
Market Distribution
| Min | -210.1% |
| 30th Percentile | 1% |
| Median | 4.7% |
| 70th Percentile | 19.6% |
| Max | 72.5% |
Other Profitability Ratios
Aster DM Healthcare Ltd
Glance View
Aster DM Healthcare Ltd. began its journey in the healthcare sector with a vision to provide accessible and affordable healthcare to communities in the Middle East and India. Founded by Dr. Azad Moopen in 1987, the company has grown into a comprehensive healthcare network boasting hospitals, clinics, and pharmacies across the regions it serves. Aster DM Healthcare operates through its three key verticals: hospitals, clinics, and retail pharmacies. The backbone of their operations lies in integrating these verticals to create a seamless experience for patients, where primary, secondary, and tertiary care effortlessly harmonize. This strategic structure ensures that a patient who visits an Aster clinic for initial consultation can be efficiently referred to one of their hospitals for advanced treatment, if necessary, thereby fostering continuity of care and maintaining patient loyalty within their ecosystem. The company's revenue streams are diversified across its healthcare offerings. Hospitals serve as the cornerstone, generating revenue through inpatient and outpatient services, specialized medical procedures, and personalized patient care packages. Clinics further complement this by offering outpatient services, routine checkups, and preventive health programs. Then there are the pharmacies, strategically placed to cater to the healthcare needs of patients with a wide array of prescription medications and healthcare products. This integrated business model not only addresses the multifaceted healthcare needs of the community but also creates various touchpoints for revenue generation. With its presence primarily in the GCC (Gulf Cooperation Council) states and India, Aster DM Healthcare leverages its robust network to cater to a substantial market, driven by rising healthcare demands and increasing health awareness among the populace. Through this strategic orchestration of resources and services, the company sustains its growth while maintaining an unwavering focus on quality care.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Aster DM Healthcare Ltd is 55%, which is below its 3-year median of 56.2%.
Over the last 3 years, Aster DM Healthcare Ltd’s Gross Margin has decreased from 62.6% to 55%. During this period, it reached a low of 50.2% on Mar 31, 2023 and a high of 62.6% on Dec 31, 2022.