Aster Dm Healthcare
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About Aster Dm Healthcare
From a single medical centre to a performance-driven healthcare enterprise spread across more than 366 medical establishments, including 34 hospitals, 131 clinics and 502 pharmacies in 7 countries and growing, Aster DM Healthcare has transitioned into being the leading healthcare authority across the Middle East and India. Currently one of the largest and fastest growing conglomerates in the MENA region, Aster DM Healthcare covers the full spectrum of healthcare services. An expansive portfolio includes hospitals and clinics, pharmacies, diagnostic centres, educational institutions, healthcare management and healthcare support systems. Headquartered in Dubai, the Aster DM network now encompasses more than 19,657 employees( Doctors, Nurses, Others) with JCI accredited clinics and diagnostic centres. Never content to rest on its laurels, Aster DM Healthcare is constantly seeking opportunities to set new yardsticks with advanced developments. With many more innovative and ambitious initiatives, Aster DM Healthcare has radically catalyzed the healthcare revolution across Middle East & India. Each of the Group’s verticals is a symbol of distinction, driven by the commitment to build a healthier tomorrow and to take healthcare to the next level of excellence.
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Change Company | Change Company | Change Company | ||
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Overall Rating | 3.8/5 based on 433 reviews | 4.0/5 based on 2.1k reviews | 4.2/5 based on 1.4k reviews | 4.1/5 based on 4.5k reviews |
Highly Rated for | No highly rated category | Skill development Job security Work-life balance | Skill development Job security Work-life balance | Job security Skill development Work-life balance |
Critically Rated for | Promotions | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 82% employees reported | Work from office 86% employees reported | Work from office 91% employees reported | Work from office 84% employees reported |
Rating by Women Employees | 3.8 Good rated by 142 women | 4.0 Good rated by 765 women | 4.1 Good rated by 526 women | 4.1 Good rated by 1.6k women |
Rating by Men Employees | 3.8 Good rated by 269 men | 4.0 Good rated by 1.1k men | 4.2 Good rated by 713 men | 4.1 Good rated by 2.3k men |
Job security | 3.6 Good | 3.9 Good | 4.0 Good | 4.1 Good |
Aster Dm Healthcare Salaries
Pharmacist
Staff Nurse
Senior Associate
HR Executive
Deputy Manager
Lab Technician
Senior Executive Finance & Accounts
Executive Accountant
Procurement Executive
Finance Executive
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Aster Dm Healthcare News
Trading Ideas: Avoid Buying NALCO, Hold On To Zensar Tech, Wipro, Say Stock Market Experts
- Trading experts provide insights on stock market strategies.
- Avoid buying NALCO due to negative news flow from China.
- Hold on to investments in Wipro and Zensar Technologies for the long term.
- Consider buying Aster DM and wait for a correction in Yatharth Hospitals.
![Trading Ideas: Avoid Buying NALCO, Hold On To Zensar Tech, Wipro, Say Stock Market Experts](https://media.assettype.com/bloombergquint%2F2024-12-12%2F0g193v9e%2Fdylan-gillis-KdeqA3aTnBY-unsplash.jpg?w=1200&auto=format%2Ccompress&ogImage=true)
Brokers’s call: Aster DM (Outperform)
- Aster DM Healthcare plans to merge with Quality Care India Ltd (QCIL), a hospital platform backed by Blackstone.
- The merged entity will operate under the brand Aster DM Quality Care Ltd and have a bed capacity of around 10,150 beds.
- Aster DM values QCIL at 25.2x FY24 EV/EBITDA, which is reasonable when compared to the average valuation of listed hospitals.
- The proposed merged entity could become the largest hospital chain in India, with a bed capacity of over 13,250 beds.
![Brokers’s call: Aster DM (Outperform)](https://bl-i.thgim.com/public/news/w3v91i/article68943446.ece/alternates/LANDSCAPE_1200/Bl04_Aster%20DM.jpg)
Brokerage Views: Motilal Oswal On NMDC, HSBC On Equity Strategy And More
- Motilal Oswal remains bullish on NMDC Ltd. with expectations of 20% year-on-year growth in the rest of the fiscal.
- HSBC retains its 'buy' call on Aster DM Healthcare Ltd.
- Emkay has the same outlook on Pricol Ltd.
- Brokerages provide top calls on stocks and sectors.
![Brokerage Views: Motilal Oswal On NMDC, HSBC On Equity Strategy And More](https://media.assettype.com/bloombergquint%2F2022-07%2Fc3e515a8-f14e-48d7-b27f-96e69592f08d%2FA_finance_professional_discussing_with_client_through_mobile_phone_while_trading_stocks___Source_fre.jpg?w=1200&auto=format%2Ccompress&ogImage=true)
Aster DM Healthcare Stock Gets Target Price Upgrade By PL Capital, Maintains 'Buy', Here's Why
- Aster DM Healthcare stock gets target price upgrade by PL Capital.
- Aster DM board approves merger with Quality Care, making them the third largest healthcare chain in India.
- PL Capital maintains 'Buy' rating on Aster DM Healthcare stock.
- The merger with Quality Care contributes to increased revenue and bed capacity.
![Aster DM Healthcare Stock Gets Target Price Upgrade By PL Capital, Maintains 'Buy', Here's Why](https://media.assettype.com/bloombergquint%2F2024-12-02%2F41p0xzhb%2FAsterHospitalMankhool-Source-Company-website.jpg?w=1200&auto=format%2Ccompress&ogImage=true)
Aster DM's $2 Billion Merger Hinges On Quality Care Turning Profitable In One Year
- Aster DM is set to acquire Quality Care, which manages Care Group of Hospitals, for over $2 billion in valuation.
- The merger is expected to be completed by December 2026, with Quality Care valued at a discount to Aster DM.
- Blackstone and TPG-backed Quality Care will be issued shares worth Rs 849 crore on a preferential basis.
- Aster DM's revenue in FY25 is projected to be around Rs 340-350 crore with an EPS of Rs 6.8 per share.
![Aster DM's $2 Billion Merger Hinges On Quality Care Turning Profitable In One Year](https://media.assettype.com/bloombergquint%2F2023-11%2F0509d931-97b6-455c-bda2-baf433b56269%2FAster_DM_Healthcare_website.jpg?rect=0%2C22%2C860%2C452&w=1200&auto=format%2Ccompress&ogImage=true)
Aster DM Healthcare Share Price Hits Seven-Month High On Quality Care India Merger Plan
- Aster DM Healthcare Pvt.'s share price rose to hit its highest in seven months, tracking Friday's news of the company's merger with Blackstone- and TPG-backed Quality Care India Ltd. through a share swap agreement.
- The board approved the merger plan, whereby the company will initially acquire 1.94 crore shares, or 5% equity, of the unlisted Quality Care from Blackstone affiliate BCP Asia II TopCo IV Pte. and TPG Inc. arm Centella Mauritius Holdings Ltd. at Rs 445.8 per share, according to an exchange filing.
- The merger will have multiple benefits, including scale and financial resilience, diversification and potential for growth, and multiple synergies, including revenue synergies, supply chain synergies, and lower cost overheads, Aster DM said.
- The acquisition will be completed within 15 days of the date of the shareholder approval or the date of the CCI approval (whichever is later), the filing said.
![Aster DM Healthcare Share Price Hits Seven-Month High On Quality Care India Merger Plan](https://media.assettype.com/bloombergquint%2F2023-11%2Fd722552b-4795-4dfa-8f18-79eee92ed657%2FAster_DM_Healthcare_website_.png?rect=0%2C10%2C955%2C501&w=1200&auto=format%2Ccompress&ogImage=true)
Aster, Blackstone-backed Quality Care to merge
- Hospital chains Aster DM Healthcare Limited and Blackstone- and TPG-backed Quality Care India Limited have agreed to merge.
- The merged entity, called Aster DM Quality Care Limited, will create a network of 38 hospitals across India.
- Aster DM shareholders will hold a 57.3% stake, while Quality Care shareholders will own the remaining stake.
- The merged entity aims to become one of the largest healthcare players in the industry and expects substantial revenue growth.
![Aster, Blackstone-backed Quality Care to merge](https://images.yourstory.com/cs/2/604090802d6d11e9aa979329348d4c3e/1-1639038096635.png)
Aster DM Healthcare acquires Blackstone-backed Quality Care India in share swap
- Aster DM Healthcare acquires Blackstone-backed Quality Care India in share swap.
- The combined entity, to be named Aster DM Quality Care Ltd, will operate a network of 38 hospitals with over 10,150 beds across 27 cities.
- The merger is expected to significantly increase scale, with projected revenue of ₹7,300 crore and EBITDA of approximately ₹1,400 crore.
- Aster DM shareholders will hold 57.3% of the merged entity, while QCIL shareholders will hold 42.7%. Aster promoters and Blackstone will jointly control the merged entity.
![Aster DM Healthcare acquires Blackstone-backed Quality Care India in share swap](https://bl-i.thgim.com/public/incoming/hclpsr/article68928128.ece/alternates/LANDSCAPE_1200/Alisha%20Moopen%20Deputy%20Managing%20Director%20Aster%20DM%20Healthcare%201-min.jpg)
Aster DM Healthcare Is Said To Near Deal With Blackstone-Backed Quality Care
- Aster DM Healthcare is nearing an agreement to combine with Blackstone-backed Quality Care India Ltd., creating one of India's largest hospital chains.
- Shareholders of Aster will own around 57% of the combined entity, while investors in Quality Care will hold the remaining 43%.
- The merged company will have more than 10,000 beds, making it one of India's top hospital chains in terms of revenue and bed capacity.
- The deal is expected to improve profitability, growth potential, and cost savings for the new company.
![Aster DM Healthcare Is Said To Near Deal With Blackstone-Backed Quality Care](https://media.assettype.com/bloombergquint%2F2023-11%2F0509d931-97b6-455c-bda2-baf433b56269%2FAster_DM_Healthcare_website.jpg?rect=0%2C33%2C860%2C452&w=1200&auto=format%2Ccompress&ogImage=true)
Aster DM Healthcare to pick up remaining stake in Maharashtra’s Aster Aadhar Hospital
- Aster DM Healthcare will acquire the remaining stake in Maharashtra's Aster Aadhar Hospital.
- The acquisition will give Aster DM Healthcare 100% ownership of the hospital.
- The transaction will be completed in two tranches by December 31, 2025.
- Aster Aadhar Hospital is a 254-bedded multi-speciality hospital with NABH accreditation.
![Aster DM Healthcare to pick up remaining stake in Maharashtra’s Aster Aadhar Hospital](https://bl-i.thgim.com/public/incoming/eu3zvq/article68917945.ece/alternates/LANDSCAPE_1200/Aster_Health_Care_4.jpg)
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