Narayana Hrudayalaya Ltd.
•₹ 1,815.80.92%
2026-08-21
PROS
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.2%
- Company has a healthy return on capital (ROCE) of 21.8%
- Company has consistently been profitable over the last 5 years
- Company has delivered good sales growth of 25.0% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.54x)
CONS
- Free cash flow has been persistently negative
- Total debt has risen sharply - up 119.8% year on year
- Stock is trading at 7.2x its book value
- Recurring exceptional / one-off items are inflating headline profit
- Though reporting repeated profits, the company pays out little dividend (11.4%)
- Expensive relative to growth - PEG of 4.4
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | APOLLOHOSP | 8799.00 | 60.55 | 126516.12 | 0.23 | 610.40 | 38.41 | 7043.50 | 20.56 | 21.73 | 15.70 |
| 2. | MANIPALHOS | 744.55 | 109.75 | 97936.41 | 0.00 | — | — | — | — | 13.93 | — |
| 3. | MAXHEALTH | 996.45 | 66.57 | 96982.14 | 0.20 | 322.96 | 4.87 | 2366.17 | 16.70 | 14.97 | 25.29 |
| 4. | ASTERDM | 800.70 | 219.01 | 69794.81 | 0.00 | 29.28 | -68.70 | 1310.68 | 21.60 | 11.46 | 19.53 |
| 5. | FORTIS | 910.80 | 65.62 | 68761.59 | 0.11 | 272.80 | 2.26 | 2545.03 | 17.46 | 14.07 | 21.28 |
| 6. | MEDANTA | 1419.05 | 68.60 | 38154.25 | 0.04 | 157.25 | -1.09 | 1304.05 | 26.50 | 20.50 | 21.99 |
| 7. | NH | 1782.70 | 44.64 | 36431.40 | 0.25 | 207.27 | 5.37 | 2683.63 | 78.05 | 16.20 | 17.43 |
| 8. | KIMS | 788.60 | 162.12 | 33121.71 | 0.00 | 37.40 | -56.00 | 1179.50 | 35.33 | 11.51 | 19.03 |
| 9. | LALPATHLAB | 1886.80 | 58.44 | 31669.72 | 1.09 | 1705.00 | 1172.39 | 7977.00 | 1090.95 | 29.56 | 31.03 |
| 10. | AGARWALEYE | 499.70 | 106.77 | 15841.80 | 0.00 | 55.02 | 44.56 | 614.02 | 25.97 | 14.32 | 27.75 |
| 11. | VIJAYA | 1489.70 | 81.84 | 15343.57 | 0.13 | 53.10 | 37.61 | 230.98 | 22.83 | 30.27 | 42.66 |
| 12. | RAINBOW | 1461.10 | 52.00 | 14839.90 | 0.24 | 62.54 | 16.23 | 469.99 | 33.17 | 28.25 | 28.65 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,233 | 1,305 | 1,204 | 1,246 | 1,306 | 1,367 | 1,335 | 1,475 | 1,507 | 1,644 | 2,151 | 2,594 | 2,684 | |
| 963 | 997 | 925 | 955 | 1,004 | 1,058 | 1,027 | 1,118 | 1,170 | 1,241 | 1,784 | 2,084 | 2,457 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 15 | 18 | 18 | 24 | 23 | 24 | 18 | 27 | 24 | 24 | 23 | 29 | 35 |
| Interest | 21 | 23 | 25 | 28 | 34 | 35 | 37 | 41 | 45 | 42 | 65 | 91 | 87 |
| Depreciation | 59 | 55 | 63 | 65 | 61 | 65 | 70 | 82 | 84 | 87 | 122 | 154 | 156 |
| 206 | 248 | 209 | 222 | 231 | 232 | 220 | 253 | 231 | 297 | 152 | 294 | 260 | |
| Tax % | 10.63% | 8.74% | 9.82% | 15.38% | 12.95% | 14.27% | 11.80% | 22.44% | 15.04% | 12.53% | 14.63% | 21.80% | 20.40% |
| Net Profit | 0 | 0 | 0 | 0 | 201 | 199 | 193 | 197 | 197 | 258 | 127 | 224 | 207 |
| 9 | 11 | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 13 | 6 | 11 | 1 | |
| Equity Capital | 204 | 204 | 204 | 204 | 204 | 204 | 204 | 204 | 204 | 204 | 204 | 204 | 204 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 204 | 204 | 204 | 204 | 204 | 204 | 204 | 204 | 204 | 204 | 204 | 204 | 204 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 1,233
- 963
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 21
- Depreciation
- 59
- 206
- Tax %
- 10.63%
- Net Profit
- 0
- 9
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,305
- 997
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 23
- Depreciation
- 55
- 248
- Tax %
- 8.74%
- Net Profit
- 0
- 11
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,204
- 925
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 25
- Depreciation
- 63
- 209
- Tax %
- 9.82%
- Net Profit
- 0
- 9
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,246
- 955
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 28
- Depreciation
- 65
- 222
- Tax %
- 15.38%
- Net Profit
- 0
- 9
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,306
- 1,004
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 34
- Depreciation
- 61
- 231
- Tax %
- 12.95%
- Net Profit
- 201
- 10
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,367
- 1,058
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 35
- Depreciation
- 65
- 232
- Tax %
- 14.27%
- Net Profit
- 199
- 10
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,335
- 1,027
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 37
- Depreciation
- 70
- 220
- Tax %
- 11.80%
- Net Profit
- 193
- 10
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,475
- 1,118
- Operating Profit
- —
- OPM %
- —
- Other Income
- 27
- Interest
- 41
- Depreciation
- 82
- 253
- Tax %
- 22.44%
- Net Profit
- 197
- 10
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,507
- 1,170
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 45
- Depreciation
- 84
- 231
- Tax %
- 15.04%
- Net Profit
- 197
- 10
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,644
- 1,241
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 42
- Depreciation
- 87
- 297
- Tax %
- 12.53%
- Net Profit
- 258
- 13
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 2,151
- 1,784
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 65
- Depreciation
- 122
- 152
- Tax %
- 14.63%
- Net Profit
- 127
- 6
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 2,594
- 2,084
- Operating Profit
- —
- OPM %
- —
- Other Income
- 29
- Interest
- 91
- Depreciation
- 154
- 294
- Tax %
- 21.80%
- Net Profit
- 224
- 11
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 2,684
- 2,457
- Operating Profit
- —
- OPM %
- —
- Other Income
- 35
- Interest
- 87
- Depreciation
- 156
- 260
- Tax %
- 20.40%
- Net Profit
- 207
- 1
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,878 | 2,281 | 2,861 | 3,128 | 2,583 | 3,701 | 4,525 | 4,890 | 5,483 | 7,896 | 9,072 | |
| 1,649 | 2,061 | 2,566 | 2,701 | 2,394 | 3,038 | 3,544 | 3,745 | 4,190 | 6,257 | 7,566 | |
| Operating Profit | 252 | 239 | 314 | 455 | 217 | 698 | 1,046 | 1,237 | 1,385 | 1,739 | — |
| OPM % | 13 | 10 | 11 | 15 | 8 | 19 | 23 | 25 | 25 | 22 | — |
| Other Income | 23 | 19 | 19 | 28 | 27 | 35 | 65 | 92 | 92 | 100 | 112 |
| Interest | 28 | 55 | 81 | 94 | 82 | 76 | 84 | 112 | 163 | 266 | 285 |
| Depreciation | 80 | 100 | 137 | 186 | 184 | 183 | 210 | 241 | 278 | 448 | 520 |
| 135 | 80 | 93 | 161 | -56 | 430 | 752 | 884 | 936 | 969 | 1,004 | |
| Tax % | 39 | 36 | 37 | 26 | 75 | 20 | 19 | 11 | 16 | 16 | 18 |
| Net Profit | 83 | 51 | 59 | 119 | -14 | 342 | 607 | 786 | 790 | 810 | 827 |
| EPS | 4 | 3 | 3 | 6 | -1 | 17 | 30 | 39 | 39 | 39 | — |
| Dividend Payout % | 0 | 0 | 35 | 17 | 0 | 6 | 8 | 10 | 12 | 11 | — |
| Minority Interest | 0 | -0 | -0 | -0 | -0 | 0 | 0 | -0 | -0 | -0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7 |
| Adjusted EPS | 4 | 3 | 3 | 6 | -1 | 17 | 30 | 39 | 39 | 39 | — |
| Minority Interest | 0 | -0 | -0 | -0 | -0 | 0 | 0 | -0 | -0 | -0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7 |
| Adjusted EPS | 4 | 3 | 3 | 6 | -1 | 17 | 30 | 39 | 39 | 39 | — |
Mar 2017
- 1,878
- 1,649
- Operating Profit
- 252
- OPM %
- 13
- Other Income
- 23
- Interest
- 28
- Depreciation
- 80
- 135
- Tax %
- 39
- Net Profit
- 83
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2018
- 2,281
- 2,061
- Operating Profit
- 239
- OPM %
- 10
- Other Income
- 19
- Interest
- 55
- Depreciation
- 100
- 80
- Tax %
- 36
- Net Profit
- 51
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2019
- 2,861
- 2,566
- Operating Profit
- 314
- OPM %
- 11
- Other Income
- 19
- Interest
- 81
- Depreciation
- 137
- 93
- Tax %
- 37
- Net Profit
- 59
- EPS
- 3
- Dividend Payout %
- 35
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2020
- 3,128
- 2,701
- Operating Profit
- 455
- OPM %
- 15
- Other Income
- 28
- Interest
- 94
- Depreciation
- 186
- 161
- Tax %
- 26
- Net Profit
- 119
- EPS
- 6
- Dividend Payout %
- 17
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2021
- 2,583
- 2,394
- Operating Profit
- 217
- OPM %
- 8
- Other Income
- 27
- Interest
- 82
- Depreciation
- 184
- -56
- Tax %
- 75
- Net Profit
- -14
- EPS
- -1
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2022
- 3,701
- 3,038
- Operating Profit
- 698
- OPM %
- 19
- Other Income
- 35
- Interest
- 76
- Depreciation
- 183
- 430
- Tax %
- 20
- Net Profit
- 342
- EPS
- 17
- Dividend Payout %
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
Mar 2023
- 4,525
- 3,544
- Operating Profit
- 1,046
- OPM %
- 23
- Other Income
- 65
- Interest
- 84
- Depreciation
- 210
- 752
- Tax %
- 19
- Net Profit
- 607
- EPS
- 30
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 30
Mar 2024
- 4,890
- 3,745
- Operating Profit
- 1,237
- OPM %
- 25
- Other Income
- 92
- Interest
- 112
- Depreciation
- 241
- 884
- Tax %
- 11
- Net Profit
- 786
- EPS
- 39
- Dividend Payout %
- 10
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 39
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 39
Mar 2025
- 5,483
- 4,190
- Operating Profit
- 1,385
- OPM %
- 25
- Other Income
- 92
- Interest
- 163
- Depreciation
- 278
- 936
- Tax %
- 16
- Net Profit
- 790
- EPS
- 39
- Dividend Payout %
- 12
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 39
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 39
Mar 2026
- 7,896
- 6,257
- Operating Profit
- 1,739
- OPM %
- 22
- Other Income
- 100
- Interest
- 266
- Depreciation
- 448
- 969
- Tax %
- 16
- Net Profit
- 810
- EPS
- 39
- Dividend Payout %
- 11
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 39
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 39
TTM
- 9,072
- 7,566
- Operating Profit
- —
- OPM %
- —
- Other Income
- 112
- Interest
- 285
- Depreciation
- 520
- 1,004
- Tax %
- 18
- Net Profit
- 827
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- -7
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- -7
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 17%
- 5 Years:
- 25%
- 3 Years:
- 20%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 44%
- 5 Years:
- —
- 3 Years:
- 10%
STOCK PRICE CAGR
- 10 Years:
- 19%
- 5 Years:
- 29%
- 3 Years:
- 22%
- 1 Year:
- -2%
RETURN ON EQUITY
- 10 Years:
- 16%
- 5 Years:
- 27%
- 3 Years:
- 25%
- Last Year:
- 20%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 204 | 204 | 204 | 204 | 204 | 204 | 204 | 204 | 204 | 204 |
| 749 | 818 | 874 | 928 | 912 | 1,281 | 1,926 | 2,679 | 3,422 | 4,333 | |
| 37 | 105 | 88 | 99 | 114 | 113 | 136 | 25 | 10 | 9 | |
| Trade Payables | 207 | 305 | 334 | 362 | 410 | 449 | 615 | 604 | 574 | 1,032 |
| 450 | 1,095 | 1,133 | 1,296 | 1,128 | 1,086 | 1,276 | 2,221 | 3,047 | 6,884 | |
| Total Liabilities | 1,647 | 2,528 | 2,633 | 2,889 | 2,768 | 3,133 | 4,157 | 5,732 | 7,257 | 12,463 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 1,082 | 1,848 | 1,838 | 2,092 | 1,961 | 1,980 | 2,336 | 2,651 | 4,266 | 7,796 | |
| Capital Work in Progress | 53 | 27 | 36 | 12 | 18 | 63 | 259 | 514 | 70 | 267 |
| 96 | 9 | 17 | 86 | 120 | 132 | 252 | 844 | 1,084 | 573 | |
| 52 | 84 | 83 | 60 | 48 | 59 | 72 | 110 | 110 | 155 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 422 | 555 | 656 | |
| Cash & Bank | 34 | 35 | 101 | 115 | 132 | 172 | 380 | 416 | 647 | 2,129 |
| 329 | 525 | 557 | 524 | 489 | 727 | 858 | 775 | 525 | 888 | |
| Total Assets | 1,647 | 2,528 | 2,633 | 2,889 | 2,768 | 3,133 | 4,157 | 5,732 | 7,257 | 12,463 |
| Total Debt | 217 | 802 | 813 | 718 | 618 | 545 | 762 | 1,444 | 2,213 | 4,866 |
| Net Working Capital | -21 | -31 | 17 | -16 | -38 | 129 | 307 | 836 | 1,356 | 2,105 |
| Contingent Liabilities | 48 | 7 | 10 | 10 | 8 | 7 | 6 | 6 | 27 | 52 |
| Book Value per Share | 46.67 | 50.02 | 52.78 | 55.42 | 54.64 | 72.69 | 104.26 | 141.10 | 177.44 | 222.02 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 217 | 802 | 813 | 718 | 618 | 545 | 762 | 1,444 | 2,213 | 4,866 |
| Net Working Capital | -21 | -31 | 17 | -16 | -38 | 129 | 307 | 836 | 1,356 | 2,105 |
| Contingent Liabilities | 48 | 7 | 10 | 10 | 8 | 7 | 6 | 6 | 27 | 52 |
| Book Value per Share | 46.67 | 50.02 | 52.78 | 55.42 | 54.64 | 72.69 | 104.26 | 141.10 | 177.44 | 222.02 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 204
- 749
- 37
- Trade Payables
- 207
- 450
- Total Liabilities
- 1,647
- 1,082
- Capital Work in Progress
- 53
- 96
- 52
- 0
- Cash & Bank
- 34
- 329
- Total Assets
- 1,647
- Total Debt
- 217
- Net Working Capital
- -21
- Contingent Liabilities
- 48
- Book Value per Share
- 46.67
- Face Value
- 10.00
- Total Debt
- 217
- Net Working Capital
- -21
- Contingent Liabilities
- 48
- Book Value per Share
- 46.67
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 204
- 818
- 105
- Trade Payables
- 305
- 1,095
- Total Liabilities
- 2,528
- 1,848
- Capital Work in Progress
- 27
- 9
- 84
- 0
- Cash & Bank
- 35
- 525
- Total Assets
- 2,528
- Total Debt
- 802
- Net Working Capital
- -31
- Contingent Liabilities
- 7
- Book Value per Share
- 50.02
- Face Value
- 10.00
- Total Debt
- 802
- Net Working Capital
- -31
- Contingent Liabilities
- 7
- Book Value per Share
- 50.02
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 204
- 874
- 88
- Trade Payables
- 334
- 1,133
- Total Liabilities
- 2,633
- 1,838
- Capital Work in Progress
- 36
- 17
- 83
- 0
- Cash & Bank
- 101
- 557
- Total Assets
- 2,633
- Total Debt
- 813
- Net Working Capital
- 17
- Contingent Liabilities
- 10
- Book Value per Share
- 52.78
- Face Value
- 10.00
- Total Debt
- 813
- Net Working Capital
- 17
- Contingent Liabilities
- 10
- Book Value per Share
- 52.78
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 204
- 928
- 99
- Trade Payables
- 362
- 1,296
- Total Liabilities
- 2,889
- 2,092
- Capital Work in Progress
- 12
- 86
- 60
- 0
- Cash & Bank
- 115
- 524
- Total Assets
- 2,889
- Total Debt
- 718
- Net Working Capital
- -16
- Contingent Liabilities
- 10
- Book Value per Share
- 55.42
- Face Value
- 10.00
- Total Debt
- 718
- Net Working Capital
- -16
- Contingent Liabilities
- 10
- Book Value per Share
- 55.42
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 204
- 912
- 114
- Trade Payables
- 410
- 1,128
- Total Liabilities
- 2,768
- 1,961
- Capital Work in Progress
- 18
- 120
- 48
- 0
- Cash & Bank
- 132
- 489
- Total Assets
- 2,768
- Total Debt
- 618
- Net Working Capital
- -38
- Contingent Liabilities
- 8
- Book Value per Share
- 54.64
- Face Value
- 10.00
- Total Debt
- 618
- Net Working Capital
- -38
- Contingent Liabilities
- 8
- Book Value per Share
- 54.64
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 204
- 1,281
- 113
- Trade Payables
- 449
- 1,086
- Total Liabilities
- 3,133
- 1,980
- Capital Work in Progress
- 63
- 132
- 59
- 0
- Cash & Bank
- 172
- 727
- Total Assets
- 3,133
- Total Debt
- 545
- Net Working Capital
- 129
- Contingent Liabilities
- 7
- Book Value per Share
- 72.69
- Face Value
- 10.00
- Total Debt
- 545
- Net Working Capital
- 129
- Contingent Liabilities
- 7
- Book Value per Share
- 72.69
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 204
- 1,926
- 136
- Trade Payables
- 615
- 1,276
- Total Liabilities
- 4,157
- 2,336
- Capital Work in Progress
- 259
- 252
- 72
- 0
- Cash & Bank
- 380
- 858
- Total Assets
- 4,157
- Total Debt
- 762
- Net Working Capital
- 307
- Contingent Liabilities
- 6
- Book Value per Share
- 104.26
- Face Value
- 10.00
- Total Debt
- 762
- Net Working Capital
- 307
- Contingent Liabilities
- 6
- Book Value per Share
- 104.26
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 204
- 2,679
- 25
- Trade Payables
- 604
- 2,221
- Total Liabilities
- 5,732
- 2,651
- Capital Work in Progress
- 514
- 844
- 110
- 422
- Cash & Bank
- 416
- 775
- Total Assets
- 5,732
- Total Debt
- 1,444
- Net Working Capital
- 836
- Contingent Liabilities
- 6
- Book Value per Share
- 141.10
- Face Value
- 10.00
- Total Debt
- 1,444
- Net Working Capital
- 836
- Contingent Liabilities
- 6
- Book Value per Share
- 141.10
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 204
- 3,422
- 10
- Trade Payables
- 574
- 3,047
- Total Liabilities
- 7,257
- 4,266
- Capital Work in Progress
- 70
- 1,084
- 110
- 555
- Cash & Bank
- 647
- 525
- Total Assets
- 7,257
- Total Debt
- 2,213
- Net Working Capital
- 1,356
- Contingent Liabilities
- 27
- Book Value per Share
- 177.44
- Face Value
- 10.00
- Total Debt
- 2,213
- Net Working Capital
- 1,356
- Contingent Liabilities
- 27
- Book Value per Share
- 177.44
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 204
- 4,333
- 9
- Trade Payables
- 1,032
- 6,884
- Total Liabilities
- 12,463
- 7,796
- Capital Work in Progress
- 267
- 573
- 155
- 656
- Cash & Bank
- 2,129
- 888
- Total Assets
- 12,463
- Total Debt
- 4,866
- Net Working Capital
- 2,105
- Contingent Liabilities
- 52
- Book Value per Share
- 222.02
- Face Value
- 10.00
- Total Debt
- 4,866
- Net Working Capital
- 2,105
- Contingent Liabilities
- 52
- Book Value per Share
- 222.02
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 219 | 182 | 279 | 443 | 304 | 485 | 1,085 | 1,067 | 986 | 1,621 | |
| Cash from Investing | -146 | -534 | -161 | -189 | -113 | -267 | -1,174 | -1,458 | -1,325 | -3,700 |
| Cash from Financing | -45 | 315 | -27 | -247 | -194 | -159 | 88 | 488 | 544 | 2,340 |
| 28 | -36 | 90 | 8 | -2 | 59 | -2 | 97 | 205 | 262 | |
| Free Cash Flow | 75 | -655 | 150 | 29 | 258 | 268 | 372 | 345 | -363 | -2,458 |
| OCF / Net Profit | 2.64 | 3.55 | 4.70 | 3.72 | -21.29 | 1.42 | 1.79 | 1.36 | 1.25 | 2.00 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -142 | 51 | 1,078 | 1,273 | 881 | -1,835 |
| OCF / Net Profit | 2.64 | 3.55 | 4.70 | 3.72 | -21.29 | 1.42 | 1.79 | 1.36 | 1.25 | 2.00 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -142 | 51 | 1,078 | 1,273 | 881 | -1,835 |
Mar 2017
- 219
- Cash from Investing
- -146
- Cash from Financing
- -45
- 28
- Free Cash Flow
- 75
- OCF / Net Profit
- 2.64
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.64
- Cumulative 5-Year FCF
- 0
Mar 2018
- 182
- Cash from Investing
- -534
- Cash from Financing
- 315
- -36
- Free Cash Flow
- -655
- OCF / Net Profit
- 3.55
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.55
- Cumulative 5-Year FCF
- 0
Mar 2019
- 279
- Cash from Investing
- -161
- Cash from Financing
- -27
- 90
- Free Cash Flow
- 150
- OCF / Net Profit
- 4.70
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.70
- Cumulative 5-Year FCF
- 0
Mar 2020
- 443
- Cash from Investing
- -189
- Cash from Financing
- -247
- 8
- Free Cash Flow
- 29
- OCF / Net Profit
- 3.72
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.72
- Cumulative 5-Year FCF
- 0
Mar 2021
- 304
- Cash from Investing
- -113
- Cash from Financing
- -194
- -2
- Free Cash Flow
- 258
- OCF / Net Profit
- -21.29
- Cumulative 5-Year FCF
- -142
- OCF / Net Profit
- -21.29
- Cumulative 5-Year FCF
- -142
Mar 2022
- 485
- Cash from Investing
- -267
- Cash from Financing
- -159
- 59
- Free Cash Flow
- 268
- OCF / Net Profit
- 1.42
- Cumulative 5-Year FCF
- 51
- OCF / Net Profit
- 1.42
- Cumulative 5-Year FCF
- 51
Mar 2023
- 1,085
- Cash from Investing
- -1,174
- Cash from Financing
- 88
- -2
- Free Cash Flow
- 372
- OCF / Net Profit
- 1.79
- Cumulative 5-Year FCF
- 1,078
- OCF / Net Profit
- 1.79
- Cumulative 5-Year FCF
- 1,078
Mar 2024
- 1,067
- Cash from Investing
- -1,458
- Cash from Financing
- 488
- 97
- Free Cash Flow
- 345
- OCF / Net Profit
- 1.36
- Cumulative 5-Year FCF
- 1,273
- OCF / Net Profit
- 1.36
- Cumulative 5-Year FCF
- 1,273
Mar 2025
- 986
- Cash from Investing
- -1,325
- Cash from Financing
- 544
- 205
- Free Cash Flow
- -363
- OCF / Net Profit
- 1.25
- Cumulative 5-Year FCF
- 881
- OCF / Net Profit
- 1.25
- Cumulative 5-Year FCF
- 881
Mar 2026
- 1,621
- Cash from Investing
- -3,700
- Cash from Financing
- 2,340
- 262
- Free Cash Flow
- -2,458
- OCF / Net Profit
- 2.00
- Cumulative 5-Year FCF
- -1,835
- OCF / Net Profit
- 2.00
- Cumulative 5-Year FCF
- -1,835
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 4.06 | 2.51 | 2.90 | 5.82 | -0.70 | 16.74 | 29.68 | 38.62 | 38.66 | 39.42 |
| Book Value (₹) | 46.67 | 50.02 | 52.78 | 55.42 | 54.64 | 72.69 | 104.26 | 141.10 | 177.44 | 222.02 |
| Dividend per Share (₹) | 0.00 | 0.00 | 1.00 | 1.00 | 0.00 | 1.00 | 2.50 | 4.00 | 4.50 | 4.50 |
| Cash EPS (₹) | 7.97 | 7.41 | 9.62 | 14.92 | 8.28 | 25.72 | 39.96 | 50.28 | 52.26 | 61.57 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 13.42% | 10.48% | 10.97% | 14.55% | 8.39% | 18.85% | 23.12% | 23.42% | 23.59% | 20.75% |
| Net Margin % | 4.42% | 2.25% | 2.07% | 3.81% | -0.55% | 9.24% | 13.41% | 16.07% | 14.40% | 10.26% |
| ROE % | 9.09% | 5.20% | 5.64% | 10.77% | -1.27% | 26.30% | 33.55% | 31.35% | 24.27% | 19.86% |
| ROCE % | 14.09% | 8.94% | 9.34% | 13.61% | 1.46% | 26.83% | 33.92% | 27.58% | 21.62% | 16.20% |
| 5.18% | 2.46% | 2.30% | 4.31% | -0.51% | 11.59% | 16.64% | 15.90% | 12.16% | 8.22% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 30 | 35 | 35 | 31 | 38 | 35 | 35 | 32 | 33 | 28 |
| Inventory Days | 10 | 11 | 11 | 8 | 8 | 5 | 5 | 7 | 7 | 6 |
| Payable Days | 154 | 168 | 169 | 170 | 208 | 172 | 194 | 216 | 189 | 193 |
| -114 | -122 | -124 | -131 | -162 | -132 | -154 | -177 | -149 | -159 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.23x | 0.78x | 0.75x | 0.63x | 0.55x | 0.37x | 0.36x | 0.50x | 0.61x | 1.07x |
| Interest Coverage (x) | 5.91x | 2.47x | 2.16x | 2.72x | 0.32x | 6.65x | 9.94x | 8.92x | 6.73x | 4.64x |
| 0.93x | 0.94x | 1.03x | 0.97x | 0.95x | 1.16x | 1.31x | 1.68x | 2.18x | 2.15x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 16.38% | 21.44% | 25.43% | 9.33% | -17.42% | 43.29% | 22.25% | 8.08% | 12.12% | 44.01% |
| Operating Profit Growth % | 30.48% | -5.21% | 31.35% | 45.03% | -52.41% | 222.13% | 49.87% | 18.29% | 11.98% | 25.52% |
| Net Profit Growth % | 298.55% | -38.05% | 5.78% | 100.84% | -111.67% | 4687.90% | 77.30% | 29.58% | 0.49% | 2.61% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 30.12% | 0.11% | 1.95% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 33.15x | 43.74x | 40.73x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 9.07x | 9.53x | 7.23x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.31% | 0.27% | 0.28% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 21.98x | 26.08x | 20.44x |
Mar 2017
- EPS (₹)
- 4.06
- Book Value (₹)
- 46.67
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 7.97
- Operating Margin %
- 13.42%
- Net Margin %
- 4.42%
- ROE %
- 9.09%
- ROCE %
- 14.09%
- 5.18%
- Debtor Days
- 30
- Inventory Days
- 10
- Payable Days
- 154
- -114
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- 5.91x
- 0.93x
- Revenue Growth %
- 16.38%
- Operating Profit Growth %
- 30.48%
- Net Profit Growth %
- 298.55%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 2.51
- Book Value (₹)
- 50.02
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 7.41
- Operating Margin %
- 10.48%
- Net Margin %
- 2.25%
- ROE %
- 5.20%
- ROCE %
- 8.94%
- 2.46%
- Debtor Days
- 35
- Inventory Days
- 11
- Payable Days
- 168
- -122
- Debt to Equity (x)
- 0.78x
- Interest Coverage (x)
- 2.47x
- 0.94x
- Revenue Growth %
- 21.44%
- Operating Profit Growth %
- -5.21%
- Net Profit Growth %
- -38.05%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 2.90
- Book Value (₹)
- 52.78
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 9.62
- Operating Margin %
- 10.97%
- Net Margin %
- 2.07%
- ROE %
- 5.64%
- ROCE %
- 9.34%
- 2.30%
- Debtor Days
- 35
- Inventory Days
- 11
- Payable Days
- 169
- -124
- Debt to Equity (x)
- 0.75x
- Interest Coverage (x)
- 2.16x
- 1.03x
- Revenue Growth %
- 25.43%
- Operating Profit Growth %
- 31.35%
- Net Profit Growth %
- 5.78%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 5.82
- Book Value (₹)
- 55.42
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 14.92
- Operating Margin %
- 14.55%
- Net Margin %
- 3.81%
- ROE %
- 10.77%
- ROCE %
- 13.61%
- 4.31%
- Debtor Days
- 31
- Inventory Days
- 8
- Payable Days
- 170
- -131
- Debt to Equity (x)
- 0.63x
- Interest Coverage (x)
- 2.72x
- 0.97x
- Revenue Growth %
- 9.33%
- Operating Profit Growth %
- 45.03%
- Net Profit Growth %
- 100.84%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -0.70
- Book Value (₹)
- 54.64
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.28
- Operating Margin %
- 8.39%
- Net Margin %
- -0.55%
- ROE %
- -1.27%
- ROCE %
- 1.46%
- -0.51%
- Debtor Days
- 38
- Inventory Days
- 8
- Payable Days
- 208
- -162
- Debt to Equity (x)
- 0.55x
- Interest Coverage (x)
- 0.32x
- 0.95x
- Revenue Growth %
- -17.42%
- Operating Profit Growth %
- -52.41%
- Net Profit Growth %
- -111.67%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 16.74
- Book Value (₹)
- 72.69
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 25.72
- Operating Margin %
- 18.85%
- Net Margin %
- 9.24%
- ROE %
- 26.30%
- ROCE %
- 26.83%
- 11.59%
- Debtor Days
- 35
- Inventory Days
- 5
- Payable Days
- 172
- -132
- Debt to Equity (x)
- 0.37x
- Interest Coverage (x)
- 6.65x
- 1.16x
- Revenue Growth %
- 43.29%
- Operating Profit Growth %
- 222.13%
- Net Profit Growth %
- 4687.90%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 29.68
- Book Value (₹)
- 104.26
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 39.96
- Operating Margin %
- 23.12%
- Net Margin %
- 13.41%
- ROE %
- 33.55%
- ROCE %
- 33.92%
- 16.64%
- Debtor Days
- 35
- Inventory Days
- 5
- Payable Days
- 194
- -154
- Debt to Equity (x)
- 0.36x
- Interest Coverage (x)
- 9.94x
- 1.31x
- Revenue Growth %
- 22.25%
- Operating Profit Growth %
- 49.87%
- Net Profit Growth %
- 77.30%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 38.62
- Book Value (₹)
- 141.10
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 50.28
- Operating Margin %
- 23.42%
- Net Margin %
- 16.07%
- ROE %
- 31.35%
- ROCE %
- 27.58%
- 15.90%
- Debtor Days
- 32
- Inventory Days
- 7
- Payable Days
- 216
- -177
- Debt to Equity (x)
- 0.50x
- Interest Coverage (x)
- 8.92x
- 1.68x
- Revenue Growth %
- 8.08%
- Operating Profit Growth %
- 18.29%
- Net Profit Growth %
- 29.58%
- 30.12%
- P/E (x)
- 33.15x
- P/B (x)
- 9.07x
- Dividend Yield %
- 0.31%
- 21.98x
Mar 2025
- EPS (₹)
- 38.66
- Book Value (₹)
- 177.44
- Dividend per Share (₹)
- 4.50
- Cash EPS (₹)
- 52.26
- Operating Margin %
- 23.59%
- Net Margin %
- 14.40%
- ROE %
- 24.27%
- ROCE %
- 21.62%
- 12.16%
- Debtor Days
- 33
- Inventory Days
- 7
- Payable Days
- 189
- -149
- Debt to Equity (x)
- 0.61x
- Interest Coverage (x)
- 6.73x
- 2.18x
- Revenue Growth %
- 12.12%
- Operating Profit Growth %
- 11.98%
- Net Profit Growth %
- 0.49%
- 0.11%
- P/E (x)
- 43.74x
- P/B (x)
- 9.53x
- Dividend Yield %
- 0.27%
- 26.08x
Mar 2026
- EPS (₹)
- 39.42
- Book Value (₹)
- 222.02
- Dividend per Share (₹)
- 4.50
- Cash EPS (₹)
- 61.57
- Operating Margin %
- 20.75%
- Net Margin %
- 10.26%
- ROE %
- 19.86%
- ROCE %
- 16.20%
- 8.22%
- Debtor Days
- 28
- Inventory Days
- 6
- Payable Days
- 193
- -159
- Debt to Equity (x)
- 1.07x
- Interest Coverage (x)
- 4.64x
- 2.15x
- Revenue Growth %
- 44.01%
- Operating Profit Growth %
- 25.52%
- Net Profit Growth %
- 2.61%
- 1.95%
- P/E (x)
- 40.73x
- P/B (x)
- 7.23x
- Dividend Yield %
- 0.28%
- 20.44x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-18 - Narayana Hrudayalaya Ltd. has informed the Exchange about Schedule of meet of investors to be held on August 20, 2026.
- Shareholders meeting
2026-08-17 - Narayana Hrudayalaya Ltd. has submitted the Exchange a copy of Srutinizers report of 26th Annual General Meeting held on August 14, 2026. Further, the company has informed the Exchange regarding voting results.
Annual Reports
Credit Ratings
- Credit Rating- Revision
2026-01-19 - Narayana Hrudayalaya Ltd. has informed the Exchange about revision in Credit Rating under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Credit Rating
2026-01-13 - Narayana Hrudayalaya Ltd. has informed the Exchange about Credit Rating
Concalls
Aug 2026
Jul 2026
Jun 2026