Dr. Agarwal’s Eye Hospital Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030
Dr. Agarwal’s Eye Hospital Limited is a network of eye care centers that specialize in providing comprehensive eye care services. Established in 1957 by Dr. J. Agarwal and his wife Dr. T. Agarwal in Chennai, India, the hospital has grown to become one of the leading eye care providers in the country and has expanded its presence in several international locations as well.
The hospital is known for its expertise in various eye-related treatments and surgeries, such as cataract surgery, glaucoma treatment, LASIK surgery, cornea transplants, and retinal surgeries, among others. Dr. Agarwal’s Eye Hospital is also involved in various research activities and has made significant advancements in the field of ophthalmology.
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Business Model of Dr. Agarwal’s Eye Hospital Limited
Dr. Agarwal’s Eye Hospital operates under a business model that focuses on providing high-quality eye care services to patients while ensuring financial sustainability and growth. Key components of their business model include:
- Network Expansion: The hospital has grown from a single center to a chain of eye care centers across India and in some international locations. By expanding their network, they can reach a larger patient base, leverage economies of scale, and strengthen their brand presence.
- Comprehensive Eye Care Services: Dr. Agarwal’s Eye Hospital offers a wide range of eye care services, including diagnostics, treatments, and surgeries for various eye conditions. By providing comprehensive services, they cater to the diverse needs of their patients and generate revenue from various streams.
- Skilled Professionals and Advanced Technology: The hospital invests in hiring skilled ophthalmologists and staff, as well as acquiring state-of-the-art technology and equipment. This helps them maintain a high standard of care, attract more patients, and create a competitive edge in the market.
- Affordability and Accessibility: Dr. Agarwal’s Eye Hospital focuses on providing quality eye care at competitive prices, making it accessible to a larger population. They also offer various payment options and financing schemes to ease the financial burden on patients.
- Research and Development: The hospital is involved in research activities to stay updated with the latest advancements in ophthalmology. This not only improves their service offerings but also contributes to their reputation as a leading eye care provider.
- Community Outreach and Awareness: Dr. Agarwal’s Eye Hospital engages in community outreach programs, free eye camps, and awareness campaigns to educate people about the importance of eye health and the availability of their services. This helps them build goodwill and attract new patients.
- Partnerships and Collaborations: The hospital may collaborate with other healthcare providers, insurance companies, or government agencies to broaden their reach and offer more comprehensive services to their patients.
Shareholding of Dr. Agarwal’s Eye Hospital Limited
Dr. Agarwal’s Eye Hospital shareholding are as follows –
- Promoter & Promoter Group – 79.90% in which DR AGARWAL’S HEALTH CARE LIMITED have 71.75%.
- Public – 28.10% in which Resident Individuals holding nominal share capital up to Rs. 2 lakhs-15.44 & Resident Individuals holding nominal share capital excess of Rs. 2 lakhs -7.21%
Dr. Agarwal’s Eye Hospital Share
Dr. Agarwal’s Eye Hospital is a publicly listed company & listed in share market of india in 14 july 1995, and its shares are traded on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE).
As of May 5, 2023, Dr. Agarwal’s Eye Hospital’s share price on the NSE was INR 1,394.25/- ,Dr. Agarwal’s Eye Hospital Share 52 week high at Rs. 1580/- & 52 week low Rs.545/-. The P/E Ratio of Dr. Agarwal’s Eye Hospital Share is 21.76 & Dividend Yield is 0.22%.
| Company Name | Dr. Agarwal’s Eye Hospital Limited |
| Share Name | DRAGARWQ |
| Sector | Healthcare |
| Headquater | Chennai |
| Foundation | 1957 |
| Key Person | Aman Agarwal (MD) |
| Market Cap | 655.30 Crore INR |
| Revenue | 201.22 Crore INR |
| Official Website | Click Here |
Dr. Agarwal’s Eye Hospital Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
| Year | First Target | Second Target |
| 2023 | 1420 | 1470 |
| 2024 | 1500 | 1560 |
| 2025 | 1610 | 1720 |
| 2026 | 1780 | 1850 |
| 2027 | 1930 | 2050 |
| 2028 | 2090 | 2200 |
| 2029 | 2240 | 2360 |
| 2030 | 2410 | 2540 |
| 2040 | 7600 | 8500 |
| 2050 | 21200 | 22600 |
Note:- “That these share price targets for “Dr. Agarwal’s Eye Hospital Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
Annual Result Summary of Dr. Agarwal’s Eye Hospital Limited
Summary of Dr. Agarwal’s Eye Hospital’s annual results for the financial year 2021-2022, which ended on March 31, 2022:
- Revenue: The company’s revenue for the year was Rs. 201.22 crore, which represents an increase of 43.92% compared to the previous year.
- Profit After Tax (PAT): The company’s PAT for the year was Rs.24.11 crore, which represents an increase of 15.97% compared to the previous year.
- Earnings Per Share (EPS): The company’s EPS for the year was Rs. 51.29, which represents an increase of 15.7% compared to the previous year.
- EBITDA of the company has increased by 89.92%.
- Net worth of the company has increased by 43.01%.
Dr. Agarwal’s Eye Hospital Share Price Target 2023
In past 5 year company share gives 165% returns to its stockholders.
Dr. Agarwal’s Eye Hospital Share price target 2023 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹1420 | ₹1470 |
Dr. Agarwal’s Eye Hospital Share Price Target 2024
As a healthcare company, Dr. Agarwal’s Eye Hospital has played a significant role in providing affordable and accessible eye care services to people across India and other countries.
Dr. Agarwal’s Eye Hospital Share price target 2024 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹1500 | ₹1560 |
Dr. Agarwal’s Eye Hospital Share Price Target 2025
The company is known for its innovative approach to eye care, including the use of advanced technology such as Femto Second Laser, which is used in cataract surgeries.
Dr. Agarwal’s Eye Hospital Share price target 2025 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹1610 | ₹1620 |
Dr. Agarwal’s Eye Hospital Share Price Target 2026
Dr. Agarwal’s Eye Hospital has received several awards and recognition for its contributions to the field of eye care, including the FICCI Healthcare Excellence Award and the Frost & Sullivan India Healthcare Excellence Award.
Dr. Agarwal’s Eye Hospital Share price target 2026 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹1780 | ₹1850 |
Dr. Agarwal’s Eye Hospital Share Price Target 2027
As the eye care market grows, Dr. Agarwal’s Eye Hospital may face increased competition from other eye care providers, both established and new entrants. Changes in healthcare regulations, insurance policies, or government initiatives can impact the hospital’s operations and revenue streams.
Dr. Agarwal’s Eye Hospital Share price target 2027 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2027 | ₹1930 | ₹2050 |
Dr. Agarwal’s Eye Hospital Share Price Target 2030
Dr. Agarwal’s Eye Hospital has expanded its operations in India and abroad, opening new eye care centers and clinics in different parts of the world. The company currently operates over 90 eye care centers in India, Africa, and the Middle East.
Dr. Agarwal’s Eye Hospital Share price target 2027 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2027 | ₹1930 | ₹2050 |
Joint venture & Subsidiaries of Dr. Agarwal’s Eye Hospital Limited
Dr. Agarwal’s Eye Hospital has a number of joint ventures and subsidiaries that operate in different parts of the world. Here are some of them:
- Eye-Q Vision: Dr. Agarwal’s Eye Hospital has a joint venture with Eye-Q Vision, which operates eye care clinics in northern India.
- Dr. Agarwal’s Eye Hospital (Africa) Limited: This is a subsidiary of Dr. Agarwal’s Eye Hospital that operates eye care centers in Africa.
- Dr. Agarwal’s Eye Hospital Middle East FZ LLC: This is a subsidiary of Dr. Agarwal’s Eye Hospital that operates eye care centers in the Middle East.
- Eye Hospitals (UK) Limited: This is a subsidiary of Dr. Agarwal’s Eye Hospital that operates eye care centers in the United Kingdom.
Dividends History of Dr. Agarwal’s Eye Hospital Share
Here is a brief overview of the company’s dividend history:
- In the financial year (FY) 2022, Company paid total dividend of INR 3 per share.
- In the financial year (FY) 2019, Dr. Agarwal’s Eye Hospital paid a total dividend of INR 1.5 per share.
- In the previous fiscal year (FY) 2018, the company paid a total dividend of INR 1.20 per share.
Future of Dr. Agarwal’s Eye Hospital Share
- Expansion of network: Dr. Agarwal’s Eye Hospital can continue expanding its presence, both nationally and internationally. This will help them reach a larger patient base, improve their brand recognition, and leverage economies of scale.
- Technological advancements: The hospital can continue investing in cutting-edge technology, equipment, and research to stay at the forefront of ophthalmology. This will help them offer innovative treatments and services to their patients, maintaining a competitive edge in the market.
- Telemedicine and digital services: As telemedicine and digital health services gain popularity, Dr. Agarwal’s Eye Hospital may explore opportunities to offer remote consultations, virtual follow-ups, and online patient education. This can help them serve more patients and improve patient satisfaction.
- Collaboration and partnerships: The hospital can consider partnering with other healthcare providers, government agencies, and insurance companies to broaden their reach and offer comprehensive services to their patients.
- Focus on preventive eye care: Dr. Agarwal’s Eye Hospital can emphasize the importance of preventive eye care and early detection of eye conditions through community outreach programs, awareness campaigns, and educational initiatives.
Risk of Dr. Agarwal’s Eye Hospital Share
Dr. Agarwal’s Eye Hospital may be exposed to various risks that could impact its financial performance and stock price.
- Regulatory risks: Dr. Agarwal’s Eye Hospital operates in the healthcare industry, which is subject to various regulatory requirements and compliance obligations. Changes in regulations or non-compliance with existing regulations could impact the company’s operations and financial performance.
- Competition: The healthcare industry is highly competitive, and Dr. Agarwal’s Eye Hospital faces competition from other eye care providers in India and abroad. Increased competition could impact the company’s market share and financial performance.
- Economic risks: Dr. Agarwal’s Eye Hospital’s financial performance may be impacted by changes in economic conditions, such as recessions, inflation, or currency fluctuations.
- Technology risks: Dr. Agarwal’s Eye Hospital relies on technology to provide eye care services, and technology failures or cyberattacks could impact the company’s operations and financial performance.
- Pandemic risks: The COVID-19 pandemic has had a significant impact on the healthcare industry, and Dr. Agarwal’s Eye Hospital is not immune to the risks associated with the pandemic, such as disruptions to operations, decreased demand for services, and increased costs.
FAQs –
By Opening of DMAT account from any SEBI registered company, you can buy Dr Agarwals Eye Hospital Ltd Share.
On 8 may 2023, share price of Dr Agarwals Eye Hospital Ltd share is Rs.1394.5, Share grow by 20%. on 08 may 223.
Following Competitors of Dr Agarwals Eye Hospital Ltd –
LV Prasad Eye Institute
Aravind Eye Care System.
Sankara Nethralaya.
Apollo Hospitals.
Vasan Eye Care.
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