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Blue Jet Healthcare Ltd

NSE: BLUEJET
₹495.40
−₹12.05 (−2.37%)
NSE · 21 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹9,855 Cr
CMP
₹495.40
52-wk High / Low
₹689 / 325
P/E
42.0
P/B
6.7
Book Value
₹78.4
Div Yield
0.23%
ROCE
26.0%
ROE
19.4%
Face Value
₹2
D/E
0.03

Price−25.1% over 1Y

āagman read

Computed by āagman
Derived from 7 years and 13 quarters of filings. Not reported by the company.
As of 21 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹155
√(22.5 × EPS × book value per share)
ROIC
14.3%
vs 11.5% sector median
Cash flow to profit
1.35
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−64
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
17.5%
ROE × earnings retention ratio
ROE stability
6.0
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −6.66FII +0.41DII +2.83
Latest quarter vs the previous one
Cash-accrual divergence
−5.6%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 26% vs the 2026 sector median of 17%)
+Price trades above its 200-day moving average (1.0x)
+PE of 42x is below the sector median of 44.1x
Watch-outs
−Annualised volatility of 46.5% is in the high band (≥45%)
−Promoter holding fell by 6.7pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Standalone basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales180181167184163208318340355165192235293
Expenses121119112131119139194200234111146163195
Operating Profit59635553446912414012155477198
OPM %32.8%34.8%32.9%28.8%27.0%33.2%39.0%41.2%34.1%33.3%24.5%30.2%33.4%
Other Income58−399121312824132315
Interest0000000015011
Depreciation6688355566667
Profit before tax586444544977132147123695487106
Net Profit444832403858991109152406478
EPS (₹)2.542.761.852.292.183.365.716.355.263.012.323.714.51

Profit & Loss

As of 30 Jun 2026
Standalone · ₹ Cr · 7 years + TTM
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5384996837217121,030947886
Expenses325292434502481652653614
Operating Profit214207249219231378294271
OPM %39.8%41.5%36.5%30.4%32.4%36.7%31.0%30.6%
Other Income69192418466976
Interest75310066
Depreciation1820222528182425
Profit before tax194190243217220406333316
Net Profit145142182160164305248235
EPS (₹)137.828.1610.479.239.4417.5914.2913.55

Balance Sheet

As of 30 Jun 2026
Standalone · ₹ Cr
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital1103535353535—
Reserves1983304876478111,0981,325—
Borrowings745219532144—
Other Liabilities92142173176211263238—
Total Liabilities3645347138621,0591,4181,641—
Fixed Assets107139156151172300316—
CWIP2333014789301—
Investments263794189250187252—
Other Assets229355460491489841771—
Total Assets3645347138621,0591,4181,641—

Cash Flows

As of 31 Mar 2026
Standalone · ₹ Cr
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity12213714614224146334
Cash from Investing Activity−45−61−76−147−264−35−276
Cash from Financing Activity−72−21−56−4−2−19−31
Net Cash Flow55514−10−24−828

Ratios

As of 31 Mar 2026
7 periods
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—58.053.035.030.040.026.0
ROE %——————19.4
EPS (₹)137.828.1610.479.239.4417.5913.55
Book Value (₹)——————78.4
Face Value (₹)——————2
P/E——————42.0
Div Yield %——————0.23
NPM %26.728.025.921.522.528.324.4
OPM %40.041.036.030.032.037.031.0
D/E0.370.150.040.010.000.020.03
P/B——————6.7

Growth

As of 18 Oct 2026
Compounded sales growth
5 years+14.0%
3 years+10.0%
TTM−28.0%
Compounded profit growth
5 years+11.0%
3 years+15.0%
TTM−34.0%
Stock price CAGR
Last year−20.0%
Return on equity
5 years26.0%
3 years24.0%
Last year19.0%

Shareholding pattern

As of 30 Sep 2026
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters86.00%86.00%86.00%86.00%86.00%86.00%86.00%79.81%79.81%79.81%79.81%73.15%
FIIs2.93%2.01%2.02%2.18%1.10%2.28%1.97%1.83%1.14%0.89%0.40%0.81%
DIIs3.70%3.04%2.14%1.75%2.02%1.33%0.95%3.63%4.65%4.51%4.65%7.48%
Government————————————
Public7.37%8.97%9.83%10.06%10.87%10.38%11.08%14.74%14.41%14.80%15.14%18.56%
No. of shareholders55,58948,62542,88241,93343,00354,58170,77280,11780,18779,19978,91779,390
Change since Dec 2023 (pp)
Promoters −12.85FIIs −2.12DIIs +3.78Public +11.19

Documents

As of 18 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Closure of Trading WindowShareholder Meeting / Postal Ballot-Scrutinizer''s ReportShareholder Meeting / Postal Ballot-Outcome of AGMAnnouncement under Regulation 30 (LODR)-Newspaper Publication
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024
Credit ratings
Rating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025RecordingJul 2025TranscriptJul 2025PPTJul 2025Recording

Corporate actions

As of 11 Sep 2026
11 Sep 2026DIVIDENDDividend - Rs 1.20 Per Share—
19 Sep 2025DIVIDENDDividend - Rs 1.20 Per Share—
17 Sep 2024DIVIDENDDividend - Re 1 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges.© 2026 āagman