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DHANVANTRI JEEVAN REKHA LTD. (ZDHJERK) Fair Value & Analysis

Healthcare · IN · Market cap ₹108M

DJ DHANVANTRI JEEVAN REKHA LTD. ZDHJERK · BSE
Price₹25.89
Fair Value₹16.59
Upside-35.9%
Quality59/100
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Strengths

Healthy Growth
Low debt · generates free cash flow

Risks

!Trades 36% ABOVE our fair value of ₹16.59
!Thin margins · 1.6% net margin
!Mixed vs. peers (7/13)
!Narrow moat 23/100
Healthy Growth
Thin margins · 1.6% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/13)
Narrow moat 23/100
Evidence: High Range ₹12.44 – ₹20.74 Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 7 days ago

Share price −6.7% over the past month.

A solid business, but screening 36% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (₹20.74). The favourable scenario is already priced in.
  • Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

₹35.85 ₹5.90 Fair Value ₹16.59 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹5.90 – ₹35.85 · fair‑value band ₹12.44 – ₹20.74 · the ₹25.89 price screens above the ₹16.59 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

DHANVANTRI JEEVAN REKHA LTD. (ZDHJERK) currently trades at ₹25.89, while our model-based Fair Value estimate is ₹16.59, implying the stock looks roughly 35.9% overvalued today. The Quality Score stands at 59/100 (solid quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, DHANVANTRI JEEVAN REKHA LTD. generated revenue of ₹259M at a net margin of 1.6%. Revenue grew 24.2% year over year. It earns a return on equity of 3.9%. Net debt stands at ₹8.5M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹12.44 (bear case) to ₹20.74 (bull case); at ₹25.89, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 28% below its 52-week high and 36% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -31% fair-value upside, at -36%, ZDHJERK screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹28.56 ₹39.65 ₹54.77 80
Rev-Margin DCF ₹17.82 ₹20.90 ₹25.00 74
ROIC Compounder ₹9.87 ₹10.02 ₹10.14 72
All 24 models by family
DCF Models
FCF DCF ₹29.05 ₹42.15 ₹61.56 38
Owner Earnings ₹14.26 ₹17.89 ₹23.25 31
5Y Revenue Exit ₹17.82 ₹20.57 ₹23.58 39
5Y EBITDA Exit ₹27.54 ₹41.00 ₹57.85 41
5Y P/E Exit ₹25.57 ₹36.85 ₹49.71 38
10Y Revenue Exit ₹22.21 ₹26.30 ₹31.45 36
10Y EBITDA Exit ₹27.82 ₹39.24 ₹56.43 37
10Y P/E Exit ₹26.69 ₹36.61 ₹50.50 35
Earnings-Based
Graham-Dodd ₹6.64 ₹33.08 ₹45.64 54
Lynch FV ₹8.94 ₹12.77 ₹16.60 50
PEG = 1.0 ₹8.94 ₹12.77 ₹16.60 46
EPV ₹9.87 ₹10.02 ₹10.14 59
Multiples
P/E Multiple ₹16.10 ₹21.47 ₹26.84 63
P/S Multiple ₹12.44 ₹16.59 ₹20.74 58
P/B Multiple ₹12.44 ₹16.59 ₹20.74 55
EV/EBIT ₹11.10 ₹11.93 ₹12.76 53
EV/EBITDA ₹28.34 ₹34.91 ₹41.48 54
EV/Revenue ₹10.39 ₹11.15 ₹11.91 43
Asset-Based
NCAV (Graham) ₹12.82 ₹17.18 ₹25.64 50
Growth DCF
Growth DCF ₹28.56 ₹39.65 ₹54.77 80
Rev-Margin DCF ₹17.82 ₹20.90 ₹25.00 74
Economic Profit
Residual Income ₹17.06 ₹16.14 ₹12.49 61
ROIC Compounder ₹9.87 ₹10.02 ₹10.14 72
Growth Earnings
Growth-Adj P/E ₹14.02 ₹20.03 ₹26.04 68

Widest divergence: DCF Models (₹36.61) versus Economic Profit (₹10.02). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹259M
Revenue growth (YoY) +24.2%
Net margin 1.6%
Return on equity 3.9%
Free cash flow ₹8.8M FY2026
P/E ratio 27.5
More key figures
Operating margin 4.3%
EPS (TTM) ₹0.9400
EPS growth (YoY) +647%
Net debt ₹8.5M FY2018

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 61 · Market factors (momentum, volatility) 54

Profitability 55
Margins and returns on capital today
Quality Growth 32
Are margins and returns improving?
Cashflow 47
Earnings quality: real cash, not paper profit
Fin. Strength 80
Balance sheet, leverage, solvency risk
Investment 77
Disciplined investing over empire-building
Low Volatility 60
Calm price path (market factor)
Momentum 49
Price trend over the last 3–12 months (market factor)
52W Momentum 57
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Dhanvantri Jeevan Rekha Limited provides medical and health care services in India. The company operates the multi-specialty Dhanvantri hospital in Meerut.

Full company description

Dhanvantri Jeevan Rekha Limited provides medical and health care services in India. The company operates the multi-specialty Dhanvantri hospital in Meerut. Its Dhanvantri Hospital offers diagnostic and therapeutic services, including cardiology, neurology, respiratory medicine, gastroenterology, gastro surgery, neuro surgery, orthopedic surgery, urology, oral and maxillofaccial surgery, oncology, otorhinolaryngology, pathology, rehabilitation program, and other diagnostic services. The company also operates intensive coronary care units and intensive care units. In addition, it offers services for various breast problems, such as mastalgias, mastopathies, breast lumps, and breast cancer, as well as screening for early breast cancers and training for self-examinations. Dhanvantri Jeevan Rekha Limited was founded in 1993 and is based in Meerut, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

DHANVANTRI JEEVAN REKHA LTD. reported revenue of ₹259M in FY2026 versus ₹168M in FY2022, a compound +11.4%/yr. Reported net income was ₹4.0M in FY2026, compounding −5.0%/yr from FY2022.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹259M
Latest YoY
+14.2%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+13.5%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+21.5%
Avg. growth/yr (13Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+12.2%
Revenue +11.4%/yr
FY22 ₹168M
FY23 ₹177M
FY24 ₹205M
FY25 ₹227M
FY26 ₹259M
Net income −5.0%/yr
FY22 ₹4.9M
FY23 −₹2.2M
FY24 ₹1.7M
FY25 ₹5.1M
FY26 ₹4.0M

ZDHJERK screens 36% overvalued. Compare with HCA Healthcare, Inc →

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Cite: Fair Value Calculator (2026). "DHANVANTRI JEEVAN REKHA LTD. Fair Value". https://www.fairvalue-calculator.com/stock/ZDHJERK

Peer Group

Medical Care Facilities · 267 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 59 · Above median
Fair Value upside −36% · Below median
Return on equity (TTM) 4% · Below median
Return on assets 2% · Below median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 4% · Below median
Revenue growth 24% · Top 25%

Valuation Multiples vs Medical Care Facilities median · lower = cheaper

P/E (TTM) 27.5× · Pricier than median
P/B 1.03× · Cheaper than median
P/S (TTM) 0.42× · Cheaper than 75% of peers
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 6.7× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 23
FUTURE100 · sector 24
PAST16 · sector 29
HEALTH100 · sector 90
DIVIDEND0 · sector 41

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

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10 more Medical Care Facilities stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

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Frequently asked questions

Is DHANVANTRI JEEVAN REKHA LTD. (ZDHJERK) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹16.59 versus a price of ₹25.89, about −36% (overvalued).
What is the fair value of ZDHJERK?
Our model-based fair value for DHANVANTRI JEEVAN REKHA LTD. is ₹16.59 (as of Aug 13, 2026), built from audited fundamentals. The current price: ₹25.89.
What is the quality score of ZDHJERK?
DHANVANTRI JEEVAN REKHA LTD. has a Quality Score of 59/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of DHANVANTRI JEEVAN REKHA LTD. (ZDHJERK)?
DHANVANTRI JEEVAN REKHA LTD. reported trailing-twelve-month revenue of about ₹259M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of ZDHJERK?
The net profit margin of DHANVANTRI JEEVAN REKHA LTD. is about 1.6%, meaning it keeps roughly 1.6% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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