Cian Healthcare Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹48.21Undervalued by 483.66%vs CMP ₹8.26

P/E (15.0) × ROE (30.3%) × BV (₹13.00) × DY (2.00%)

Defaults: P/E=15

₹20.49Undervalued by 148.06%vs CMP ₹8.26
MoS: +59.7% (Strong)Confidence: 44/100 (Low)Models: 3 Under, 1 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹29.6341%Under (+258.7%)
Net Asset ValueAssets₹12.8324%Under (+55.3%)
ROCE CapitalReturns₹25.1716%Under (+204.7%)
Revenue MultipleRevenue₹6.2218%Over (-24.7%)
Consensus (4 models)₹20.49100%Undervalued
Key Drivers: EPS CAGR -38.5% drags value — could be higher if earnings stabilize. | Wide model spread (₹6–₹30) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -38.5% · Defaults: P/E=15

*Investments are subject to market risks

Analyst Summary

Cian Healthcare Ltd operates in the Pharmaceuticals segment, NSE: CHCL | BSE: 542678, current market price is ₹8.26, market cap is 20.6 Cr.. At a glance, ROE is 30.3 %, ROCE is 10.6 %, book value is 13.0, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹20.49, which is about 148.1% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹31 Cr versus the prior period change of -50.0%, while latest net profit is about ₹-26 Cr with a prior-period change of -2,700.0%. The 52-week range shown on this page is 8.26/3.07, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisCian Healthcare Ltd. is a Public Limited Listed company incorporated on 07/01/2003 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L…

This summary is generated from the stock page data available for Cian Healthcare Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

47
Cian Healthcare Ltd scores 47/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health44/100 · Moderate
ROCE 10.6% AverageROE 30.3% ExcellentD/E 1.22 High debtInterest Coverage 0.0x RiskyProfitable 2/5 years Inconsistent
Smart Money60/100 · Moderate
Promoter increased by 67.89% Positive
Earnings Quality50/100 · Moderate
OPM contracting (13% → -2%) DecliningWorking capital: 26 days (improving) Efficient
Quarterly Momentum40/100 · Moderate
Revenue (4Q): -4% YoY FlatOPM: -8.0% (down 22.0% YoY) Margin pressure
Industry Rank50/100 · Moderate
ROCE 10.6% vs industry 16.4% AverageROE 30.3% vs industry 15.2% Above peers3Y sales CAGR: -26% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 26, 2026, 1:16 am

Market Cap 20.6 Cr.
Current Price 8.26
Intrinsic Value₹20.49
High / Low 8.26/3.07
Stock P/E
Book Value 13.0
Dividend Yield0.00 %
ROCE10.6 %
ROE30.3 %
Face Value 10.0
PEG Ratio0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Cian Healthcare Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Lactose (India) Ltd 142 Cr. 113 137/76.029.4 49.60.00 %12.9 %9.69 % 10.0
MPS Pharmaa Ltd 3.31 Cr. 1.73 3.15/1.57 0.330.00 %9.79 %59.0 % 10.0
Gujarat Themis Biosyn Ltd 3,922 Cr. 360 479/22582.1 24.30.19 %27.3 %21.7 % 1.00
Gujarat Terce Laboratories Ltd 29.4 Cr. 37.8 68.4/29.0 10.10.00 %41.4 %14.6 % 10.0
Gujarat Inject (Kerala) Ltd 140 Cr. 95.5 95.9/17.0560 6.930.00 %13.5 %11.0 % 10.0
Industry Average19,737.15 Cr1,103.0859.48201.130.36%16.35%15.16%6.10

All Competitor Stocks of Cian Healthcare Ltd

Quarterly Result

MetricSep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024
Sales 2928393547313831336219
Expenses 2623342844303224285120
Operating Profit 34573157411-1
OPM % 10%15%13%20%7%3%14%22%14%18%-8%
Other Income 01-00001000-12
Interest 44443333362
Depreciation 23212233352
Profit before tax -2-2-12-2-402-10-18
Tax % 0%17%23%28%7%-13%-167%14%37%-400%0%
Net Profit -2-2-11-2-402-10-18
EPS in Rs -0.86-0.75-0.460.48-0.72-1.540.190.62-0.590.10-7.30

Last Updated: December 27, 2025, 1:32 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 2:30 am

MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Sales 577478696231
Expenses 506274565137
Operating Profit 71241311-7
OPM % 13%16%6%19%18%-21%
Other Income 10010-12
Interest 787663
Depreciation 434554
Profit before tax -41-620-26
Tax % 7%91%-8%-2%-1,600%-0%
Net Profit -40-621-26
EPS in Rs -1.620.02-2.210.810.34-10.39
Dividend Payout % -0%-0%-0%-0%-0%-0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2020-20212022-20232023-20242024-2025
YoY Net Profit Growth (%)100.00%133.33%-50.00%-2700.00%
Change in YoY Net Profit Growth (%)0.00%33.33%-183.33%-2650.00%

Cian Healthcare Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 4 years from 2020-2021 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:-6%
TTM:27%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:53%
TTM:-8600%
Stock Price CAGR
10 Years:%
5 Years:-25%
3 Years:-43%
1 Year:-49%
Return on Equity
10 Years:%
5 Years:%
3 Years:-2%
Last Year:0%

Last Updated: September 5, 2025, 2:56 pm

Balance Sheet

Last Updated: December 4, 2025, 2:38 am

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Equity Capital 232325252525
Reserves 35353032337
Borrowings 737163615655
Other Liabilities 252847424769
Total Liabilities 157157166160161156
Fixed Assets 393750453935
CWIP 252613141515
Investments 555555
Other Assets 87909897102101
Total Assets 157157166160161156

Reserves and Borrowings Chart

Cash Flow

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + -76951221
Cash from Investing Activity + -27313-1-0
Cash from Financing Activity + 36-10-11-7-10-4
Net Cash Flow 1-1-1-0-017
Free Cash Flow -264441120
CFO/OP -99%49%197%37%106%-315%

Free Cash Flow

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-66.00-59.00-59.00-48.00-45.00-62.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days 127.8093.56125.24139.58121.15
Inventory Days 267.18312.78299.94399.93485.99
Days Payable 220.03209.37270.46295.80371.29
Cash Conversion Cycle 174.95196.98154.73243.71235.85
Working Capital Days 14.7716.1438.3040.6626.27
ROCE %6.78%0.50%6.91%5.22%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Sep 2022Dec 2022Mar 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Sep 2025Jan 2026
Promoters 66.26%66.26%66.26%66.26%51.85%49.62%27.10%27.10%27.11%27.11%27.11%95.00%
DIIs 0.00%0.00%0.00%0.79%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public 33.74%33.74%33.75%32.96%48.16%50.39%72.90%72.90%72.90%72.89%72.89%5.01%
No. of Shareholders 3963924244184546728808311,0881,5011,6621,699

Shareholding Pattern Chart

No. of Shareholders

Cian Healthcare Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) -10.390.100.81-2.320.02
Diluted EPS (Rs.) -10.390.100.81-2.320.02
Cash EPS (Rs.) -8.632.292.98-0.501.50
Book Value[Excl.RevalReserv]/Share (Rs.) 12.9523.1023.0022.1924.92
Book Value[Incl.RevalReserv]/Share (Rs.) 12.9523.1023.0022.1924.93
Revenue From Operations / Share (Rs.) 12.3224.6827.4431.1531.56
PBDIT / Share (Rs.) -2.574.525.201.915.17
PBIT / Share (Rs.) -4.332.343.030.203.69
PBT / Share (Rs.) -10.400.010.79-2.370.38
Net Profit / Share (Rs.) -10.390.100.81-2.210.02
NP After MI And SOA / Share (Rs.) -10.390.100.81-2.210.02
PBDIT Margin (%) -20.8918.3218.946.1416.37
PBIT Margin (%) -35.159.4611.030.6511.69
PBT Margin (%) -84.400.072.90-7.611.21
Net Profit Margin (%) -84.340.412.95-7.100.07
NP After MI And SOA Margin (%) -84.340.412.95-7.100.07
Return on Networth / Equity (%) -80.280.443.53-9.970.09
Return on Capital Employeed (%) -26.046.147.940.538.66
Return On Assets (%) -16.640.151.26-3.330.03
Long Term Debt / Equity (X) 0.210.470.510.680.64
Total Debt / Equity (X) 1.700.961.061.141.22
Asset Turnover Ratio (%) 0.190.380.440.430.49
Current Ratio (X) 0.611.091.141.141.10
Quick Ratio (X) 0.390.460.570.560.56
Inventory Turnover Ratio (X) 0.911.590.961.241.54
Interest Coverage Ratio (X) -2.211.952.280.741.56
Interest Coverage Ratio (Post Tax) (X) -3.711.041.340.151.03
Enterprise Value (Cr.) 45.84106.16129.47109.3294.69
EV / Net Operating Revenue (X) 1.491.721.891.401.28
EV / EBITDA (X) -7.129.399.9622.847.84
MarketCap / Net Operating Revenue (X) 0.270.831.020.610.35
Price / BV (X) 0.260.891.220.850.45
Price / Net Operating Revenue (X) 0.280.831.020.610.35
EarningsYield -3.010.000.02-0.110.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Cian Healthcare Ltd. is a Public Limited Listed company incorporated on 07/01/2003 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L24233PN2003PLC017563 and registration number is 017563. Currently Company is involved in the business activities of Manufacture of `ayurvedic' or `unani' pharmaceutical preparation. Company's Total Operating Revenue is Rs. 30.88 Cr. and Equity Capital is Rs. 25.00 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
PharmaceuticalsOffice No 301, 3rd Floor, Konark Icon, Mundhwa Kharadi Road, Magarpatta, Hadapsar, Pune Maharashtra 411028Contact not found
Management
NamePosition Held
Mr. Suraj Shriniwas ZanwarManaging Director
Mr. Sunil KumarIndependent Director
Mr. Santosh Shivaji PimparkarIndependent Director

FAQ

What is the intrinsic value of Cian Healthcare Ltd and is it undervalued?

As of 28 April 2026, Cian Healthcare Ltd's intrinsic value is ₹20.49, which is 148.06% higher than the current market price of ₹8.26, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (30.3 %), book value (₹13.0), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Cian Healthcare Ltd?

Cian Healthcare Ltd is trading at ₹8.26 as of 28 April 2026, with a FY2026-2027 high of ₹8.26 and low of ₹3.07. The stock is currently near its 52-week high. Market cap stands at ₹20.6 Cr..

How does Cian Healthcare Ltd's P/E ratio compare to its industry?

Cian Healthcare Ltd has a P/E ratio of , which is below the industry average of 59.48. This is broadly in line with or below the industry average.

Is Cian Healthcare Ltd financially healthy?

Key indicators for Cian Healthcare Ltd: ROCE of 10.6 % is moderate; ROE of 30.3 % shows strong shareholder returns. Dividend yield is 0.00 %.

Is Cian Healthcare Ltd profitable and how is the profit trend?

Cian Healthcare Ltd reported a net profit of ₹-26 Cr in Mar 2025 on revenue of ₹31 Cr. Compared to ₹-6 Cr in Mar 2022, the net profit shows a mixed trend.

Does Cian Healthcare Ltd pay dividends?

Cian Healthcare Ltd has a dividend yield of 0.00 % at the current price of ₹8.26. The company is currently not paying meaningful dividends.

Last Updated: April 26, 2026, 1:16 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 542678 | NSE: CHCL
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Cian Healthcare Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE