Narayana Hrudayalaya Ltd.
•₹ 1,815.80.92%
2026-08-21
PROS
- Company has a good return on equity (ROE) track record: 3 Years ROE 22.7%
- Company has a healthy return on capital (ROCE) of 21.3%
- Latest quarter profit grew 57.8% YoY, showing strong momentum
- Company has delivered good sales growth of 19.2% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.34x)
CONS
- Receivables are growing faster than sales - a possible quality concern
- A large part of profit comes from other income (27.1% of PBT)
- Free cash flow has been persistently negative
- Stock is trading at 12.6x its book value
- Expensive relative to growth - PEG of 2.7
* 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
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 797 | 852 | 771 | 846 | 872 | 934 | 865 | 919 | 943 | 1,019 | 969 | 1,044 | 1,097 | |
| 659 | 688 | 633 | 690 | 715 | 752 | 708 | 743 | 764 | 790 | 764 | 817 | 940 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 9 | 14 | 11 | 89 | 14 | 13 | 9 | 107 | 16 | 17 | 16 | 127 | 30 |
| Interest | 13 | 13 | 13 | 14 | 20 | 20 | 21 | 26 | 31 | 29 | 29 | 39 | 34 |
| Depreciation | 38 | 39 | 41 | 44 | 39 | 42 | 43 | 46 | 48 | 46 | 47 | 51 | 48 |
| 96 | 126 | 95 | 187 | 110 | 134 | 101 | 211 | 117 | 171 | 99 | 264 | 188 | |
| Tax % | 17.77% | 13.40% | 16.91% | 15.47% | 21.79% | 21.10% | 21.90% | 24.20% | 25.50% | 19.51% | 23.71% | 23.49% | 26.56% |
| Net Profit | 79 | 109 | 79 | 158 | 86 | 106 | 79 | 160 | 87 | 138 | 76 | 202 | 138 |
| 4 | 5 | 4 | 8 | 4 | 5 | 4 | 8 | 4 | 7 | 4 | 10 | 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
- 797
- 659
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 13
- Depreciation
- 38
- 96
- Tax %
- 17.77%
- Net Profit
- 79
- 4
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 852
- 688
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 13
- Depreciation
- 39
- 126
- Tax %
- 13.40%
- Net Profit
- 109
- 5
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 771
- 633
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 13
- Depreciation
- 41
- 95
- Tax %
- 16.91%
- Net Profit
- 79
- 4
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 846
- 690
- Operating Profit
- —
- OPM %
- —
- Other Income
- 89
- Interest
- 14
- Depreciation
- 44
- 187
- Tax %
- 15.47%
- Net Profit
- 158
- 8
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 872
- 715
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 20
- Depreciation
- 39
- 110
- Tax %
- 21.79%
- Net Profit
- 86
- 4
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 934
- 752
- Operating Profit
- —
- OPM %
- —
- Other Income
- 13
- Interest
- 20
- Depreciation
- 42
- 134
- Tax %
- 21.10%
- Net Profit
- 106
- 5
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 865
- 708
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 21
- Depreciation
- 43
- 101
- Tax %
- 21.90%
- Net Profit
- 79
- 4
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 919
- 743
- Operating Profit
- —
- OPM %
- —
- Other Income
- 107
- Interest
- 26
- Depreciation
- 46
- 211
- Tax %
- 24.20%
- Net Profit
- 160
- 8
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 943
- 764
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 31
- Depreciation
- 48
- 117
- Tax %
- 25.50%
- Net Profit
- 87
- 4
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,019
- 790
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 29
- Depreciation
- 46
- 171
- Tax %
- 19.51%
- Net Profit
- 138
- 7
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 969
- 764
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 29
- Depreciation
- 47
- 99
- Tax %
- 23.71%
- Net Profit
- 76
- 4
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,044
- 817
- Operating Profit
- —
- OPM %
- —
- Other Income
- 127
- Interest
- 39
- Depreciation
- 51
- 264
- Tax %
- 23.49%
- Net Profit
- 202
- 10
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,097
- 940
- Operating Profit
- —
- OPM %
- —
- Other Income
- 30
- Interest
- 34
- Depreciation
- 48
- 188
- Tax %
- 26.56%
- Net Profit
- 138
- 1
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 204
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,646 | 1,848 | 2,077 | 2,239 | 1,655 | 2,412 | 2,965 | 3,266 | 3,590 | 3,975 | 4,129 | |
| 1,428 | 1,665 | 1,881 | 1,976 | 1,681 | 2,149 | 2,477 | 2,662 | 2,908 | 3,124 | 3,311 | |
| Operating Profit | 236 | 201 | 213 | 287 | 50 | 370 | 589 | 730 | 824 | 1,028 | — |
| OPM % | 14 | 11 | 10 | 13 | 3 | 15 | 20 | 22 | 23 | 26 | — |
| Other Income | 18 | 19 | 18 | 24 | 76 | 106 | 101 | 126 | 142 | 176 | 190 |
| Interest | 17 | 26 | 43 | 55 | 48 | 45 | 55 | 65 | 98 | 139 | 130 |
| Depreciation | 68 | 78 | 91 | 128 | 123 | 119 | 139 | 161 | 169 | 191 | 192 |
| 147 | 95 | 79 | 104 | -121 | 205 | 395 | 503 | 557 | 652 | 722 | |
| Tax % | 35 | 39 | 37 | 35 | 35 | 35 | 33 | 16 | 23 | 23 | 23 |
| Net Profit | 95 | 58 | 50 | 68 | -79 | 134 | 266 | 425 | 431 | 503 | 554 |
| EPS | 5 | 3 | 2 | 3 | -4 | 7 | 13 | 21 | 21 | 25 | — |
| Dividend Payout % | 0 | 0 | 41 | 30 | 0 | 15 | 19 | 19 | 21 | 18 | — |
| 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 | 0 |
| Adjusted EPS | 5 | 3 | 2 | 3 | -4 | 7 | 13 | 21 | 21 | 25 | — |
| 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 | 0 |
| Adjusted EPS | 5 | 3 | 2 | 3 | -4 | 7 | 13 | 21 | 21 | 25 | — |
Mar 2017
- 1,646
- 1,428
- Operating Profit
- 236
- OPM %
- 14
- Other Income
- 18
- Interest
- 17
- Depreciation
- 68
- 147
- Tax %
- 35
- Net Profit
- 95
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2018
- 1,848
- 1,665
- Operating Profit
- 201
- OPM %
- 11
- Other Income
- 19
- Interest
- 26
- Depreciation
- 78
- 95
- Tax %
- 39
- Net Profit
- 58
- 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
- 2,077
- 1,881
- Operating Profit
- 213
- OPM %
- 10
- Other Income
- 18
- Interest
- 43
- Depreciation
- 91
- 79
- Tax %
- 37
- Net Profit
- 50
- EPS
- 2
- Dividend Payout %
- 41
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2020
- 2,239
- 1,976
- Operating Profit
- 287
- OPM %
- 13
- Other Income
- 24
- Interest
- 55
- Depreciation
- 128
- 104
- Tax %
- 35
- Net Profit
- 68
- EPS
- 3
- Dividend Payout %
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2021
- 1,655
- 1,681
- Operating Profit
- 50
- OPM %
- 3
- Other Income
- 76
- Interest
- 48
- Depreciation
- 123
- -121
- Tax %
- 35
- Net Profit
- -79
- 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 2022
- 2,412
- 2,149
- Operating Profit
- 370
- OPM %
- 15
- Other Income
- 106
- Interest
- 45
- Depreciation
- 119
- 205
- Tax %
- 35
- Net Profit
- 134
- EPS
- 7
- Dividend Payout %
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2023
- 2,965
- 2,477
- Operating Profit
- 589
- OPM %
- 20
- Other Income
- 101
- Interest
- 55
- Depreciation
- 139
- 395
- Tax %
- 33
- Net Profit
- 266
- EPS
- 13
- Dividend Payout %
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2024
- 3,266
- 2,662
- Operating Profit
- 730
- OPM %
- 22
- Other Income
- 126
- Interest
- 65
- Depreciation
- 161
- 503
- Tax %
- 16
- Net Profit
- 425
- EPS
- 21
- Dividend Payout %
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
Mar 2025
- 3,590
- 2,908
- Operating Profit
- 824
- OPM %
- 23
- Other Income
- 142
- Interest
- 98
- Depreciation
- 169
- 557
- Tax %
- 23
- Net Profit
- 431
- EPS
- 21
- Dividend Payout %
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
Mar 2026
- 3,975
- 3,124
- Operating Profit
- 1,028
- OPM %
- 26
- Other Income
- 176
- Interest
- 139
- Depreciation
- 191
- 652
- Tax %
- 23
- Net Profit
- 503
- EPS
- 25
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 25
TTM
- 4,129
- 3,311
- Operating Profit
- —
- OPM %
- —
- Other Income
- 190
- Interest
- 130
- Depreciation
- 192
- 722
- Tax %
- 23
- Net Profit
- 554
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 10%
- 5 Years:
- 19%
- 3 Years:
- 10%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 24%
- 5 Years:
- —
- 3 Years:
- 24%
STOCK PRICE CAGR
- 10 Years:
- 19%
- 5 Years:
- 29%
- 3 Years:
- 22%
- 1 Year:
- -2%
RETURN ON EQUITY
- 10 Years:
- 12%
- 5 Years:
- 20%
- 3 Years:
- 23%
- Last Year:
- 21%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 845 | 903 | 961 | 958 | 882 | 1,018 | 1,264 | 1,636 | 1,981 | 2,393 | |
| 24 | 44 | 37 | 48 | 12 | 65 | 84 | 12 | 0 | 0 | |
| Trade Payables | 170 | 224 | 236 | 261 | 310 | 317 | 412 | 403 | 387 | 440 |
| 243 | 618 | 636 | 749 | 693 | 678 | 811 | 1,337 | 2,008 | 2,518 | |
| Total Liabilities | 1,486 | 1,994 | 2,074 | 2,220 | 2,101 | 2,282 | 2,775 | 3,592 | 4,580 | 5,555 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 682 | 973 | 949 | 1,159 | 1,070 | 1,094 | 1,358 | 1,480 | 2,325 | 2,434 | |
| Capital Work in Progress | 52 | 22 | 36 | 3 | 3 | 19 | 32 | 34 | 27 | 209 |
| 354 | 561 | 597 | 619 | 645 | 661 | 678 | 1,021 | 1,166 | 1,087 | |
| 43 | 50 | 49 | 34 | 23 | 29 | 32 | 55 | 44 | 40 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 190 | 249 | 325 | |
| Cash & Bank | 28 | 21 | 57 | 52 | 56 | 113 | 198 | 232 | 386 | 424 |
| 326 | 366 | 387 | 353 | 303 | 366 | 477 | 580 | 383 | 1,035 | |
| Total Assets | 1,486 | 1,994 | 2,074 | 2,220 | 2,101 | 2,282 | 2,775 | 3,592 | 4,580 | 5,555 |
| Total Debt | 120 | 491 | 499 | 426 | 388 | 382 | 543 | 921 | 1,476 | 1,839 |
| Net Working Capital | 17 | -32 | -29 | -110 | -188 | -114 | -90 | 112 | 357 | 364 |
| Contingent Liabilities | 50 | 7 | 10 | 394 | 399 | 772 | 736 | 86 | 129 | 209 |
| Book Value per Share | 51.34 | 54.18 | 57.03 | 56.89 | 53.14 | 59.80 | 71.84 | 90.05 | 106.95 | 127.10 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 120 | 491 | 499 | 426 | 388 | 382 | 543 | 921 | 1,476 | 1,839 |
| Net Working Capital | 17 | -32 | -29 | -110 | -188 | -114 | -90 | 112 | 357 | 364 |
| Contingent Liabilities | 50 | 7 | 10 | 394 | 399 | 772 | 736 | 86 | 129 | 209 |
| Book Value per Share | 51.34 | 54.18 | 57.03 | 56.89 | 53.14 | 59.80 | 71.84 | 90.05 | 106.95 | 127.10 |
| 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
- 845
- 24
- Trade Payables
- 170
- 243
- Total Liabilities
- 1,486
- 682
- Capital Work in Progress
- 52
- 354
- 43
- 0
- Cash & Bank
- 28
- 326
- Total Assets
- 1,486
- Total Debt
- 120
- Net Working Capital
- 17
- Contingent Liabilities
- 50
- Book Value per Share
- 51.34
- Face Value
- 10.00
- Total Debt
- 120
- Net Working Capital
- 17
- Contingent Liabilities
- 50
- Book Value per Share
- 51.34
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 204
- 903
- 44
- Trade Payables
- 224
- 618
- Total Liabilities
- 1,994
- 973
- Capital Work in Progress
- 22
- 561
- 50
- 0
- Cash & Bank
- 21
- 366
- Total Assets
- 1,994
- Total Debt
- 491
- Net Working Capital
- -32
- Contingent Liabilities
- 7
- Book Value per Share
- 54.18
- Face Value
- 10.00
- Total Debt
- 491
- Net Working Capital
- -32
- Contingent Liabilities
- 7
- Book Value per Share
- 54.18
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 204
- 961
- 37
- Trade Payables
- 236
- 636
- Total Liabilities
- 2,074
- 949
- Capital Work in Progress
- 36
- 597
- 49
- 0
- Cash & Bank
- 57
- 387
- Total Assets
- 2,074
- Total Debt
- 499
- Net Working Capital
- -29
- Contingent Liabilities
- 10
- Book Value per Share
- 57.03
- Face Value
- 10.00
- Total Debt
- 499
- Net Working Capital
- -29
- Contingent Liabilities
- 10
- Book Value per Share
- 57.03
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 204
- 958
- 48
- Trade Payables
- 261
- 749
- Total Liabilities
- 2,220
- 1,159
- Capital Work in Progress
- 3
- 619
- 34
- 0
- Cash & Bank
- 52
- 353
- Total Assets
- 2,220
- Total Debt
- 426
- Net Working Capital
- -110
- Contingent Liabilities
- 394
- Book Value per Share
- 56.89
- Face Value
- 10.00
- Total Debt
- 426
- Net Working Capital
- -110
- Contingent Liabilities
- 394
- Book Value per Share
- 56.89
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 204
- 882
- 12
- Trade Payables
- 310
- 693
- Total Liabilities
- 2,101
- 1,070
- Capital Work in Progress
- 3
- 645
- 23
- 0
- Cash & Bank
- 56
- 303
- Total Assets
- 2,101
- Total Debt
- 388
- Net Working Capital
- -188
- Contingent Liabilities
- 399
- Book Value per Share
- 53.14
- Face Value
- 10.00
- Total Debt
- 388
- Net Working Capital
- -188
- Contingent Liabilities
- 399
- Book Value per Share
- 53.14
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 204
- 1,018
- 65
- Trade Payables
- 317
- 678
- Total Liabilities
- 2,282
- 1,094
- Capital Work in Progress
- 19
- 661
- 29
- 0
- Cash & Bank
- 113
- 366
- Total Assets
- 2,282
- Total Debt
- 382
- Net Working Capital
- -114
- Contingent Liabilities
- 772
- Book Value per Share
- 59.80
- Face Value
- 10.00
- Total Debt
- 382
- Net Working Capital
- -114
- Contingent Liabilities
- 772
- Book Value per Share
- 59.80
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 204
- 1,264
- 84
- Trade Payables
- 412
- 811
- Total Liabilities
- 2,775
- 1,358
- Capital Work in Progress
- 32
- 678
- 32
- 0
- Cash & Bank
- 198
- 477
- Total Assets
- 2,775
- Total Debt
- 543
- Net Working Capital
- -90
- Contingent Liabilities
- 736
- Book Value per Share
- 71.84
- Face Value
- 10.00
- Total Debt
- 543
- Net Working Capital
- -90
- Contingent Liabilities
- 736
- Book Value per Share
- 71.84
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 204
- 1,636
- 12
- Trade Payables
- 403
- 1,337
- Total Liabilities
- 3,592
- 1,480
- Capital Work in Progress
- 34
- 1,021
- 55
- 190
- Cash & Bank
- 232
- 580
- Total Assets
- 3,592
- Total Debt
- 921
- Net Working Capital
- 112
- Contingent Liabilities
- 86
- Book Value per Share
- 90.05
- Face Value
- 10.00
- Total Debt
- 921
- Net Working Capital
- 112
- Contingent Liabilities
- 86
- Book Value per Share
- 90.05
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 204
- 1,981
- 0
- Trade Payables
- 387
- 2,008
- Total Liabilities
- 4,580
- 2,325
- Capital Work in Progress
- 27
- 1,166
- 44
- 249
- Cash & Bank
- 386
- 383
- Total Assets
- 4,580
- Total Debt
- 1,476
- Net Working Capital
- 357
- Contingent Liabilities
- 129
- Book Value per Share
- 106.95
- Face Value
- 10.00
- Total Debt
- 1,476
- Net Working Capital
- 357
- Contingent Liabilities
- 129
- Book Value per Share
- 106.95
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 204
- 2,393
- 0
- Trade Payables
- 440
- 2,518
- Total Liabilities
- 5,555
- 2,434
- Capital Work in Progress
- 209
- 1,087
- 40
- 325
- Cash & Bank
- 424
- 1,035
- Total Assets
- 5,555
- Total Debt
- 1,839
- Net Working Capital
- 364
- Contingent Liabilities
- 209
- Book Value per Share
- 127.10
- Face Value
- 10.00
- Total Debt
- 1,839
- Net Working Capital
- 364
- Contingent Liabilities
- 209
- Book Value per Share
- 127.10
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 218 | 196 | 208 | 286 | 123 | 246 | 516 | 542 | 523 | 759 | |
| Cash from Investing | -162 | -446 | -137 | -129 | -12 | -117 | -621 | -761 | -754 | -965 |
| Cash from Financing | -32 | 226 | -11 | -170 | -114 | -57 | 65 | 237 | 391 | 134 |
| 25 | -24 | 61 | -12 | -3 | 72 | -40 | 19 | 160 | -73 | |
| Free Cash Flow | 80 | -141 | 136 | -6 | 101 | 116 | 144 | 295 | -390 | 366 |
| OCF / Net Profit | 2.30 | 3.35 | 4.16 | 4.23 | -1.57 | 1.84 | 1.94 | 1.28 | 1.21 | 1.51 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 170 | 206 | 490 | 650 | 266 | 531 |
| OCF / Net Profit | 2.30 | 3.35 | 4.16 | 4.23 | -1.57 | 1.84 | 1.94 | 1.28 | 1.21 | 1.51 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 170 | 206 | 490 | 650 | 266 | 531 |
Mar 2017
- 218
- Cash from Investing
- -162
- Cash from Financing
- -32
- 25
- Free Cash Flow
- 80
- OCF / Net Profit
- 2.30
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.30
- Cumulative 5-Year FCF
- 0
Mar 2018
- 196
- Cash from Investing
- -446
- Cash from Financing
- 226
- -24
- Free Cash Flow
- -141
- OCF / Net Profit
- 3.35
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.35
- Cumulative 5-Year FCF
- 0
Mar 2019
- 208
- Cash from Investing
- -137
- Cash from Financing
- -11
- 61
- Free Cash Flow
- 136
- OCF / Net Profit
- 4.16
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.16
- Cumulative 5-Year FCF
- 0
Mar 2020
- 286
- Cash from Investing
- -129
- Cash from Financing
- -170
- -12
- Free Cash Flow
- -6
- OCF / Net Profit
- 4.23
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 4.23
- Cumulative 5-Year FCF
- 0
Mar 2021
- 123
- Cash from Investing
- -12
- Cash from Financing
- -114
- -3
- Free Cash Flow
- 101
- OCF / Net Profit
- -1.57
- Cumulative 5-Year FCF
- 170
- OCF / Net Profit
- -1.57
- Cumulative 5-Year FCF
- 170
Mar 2022
- 246
- Cash from Investing
- -117
- Cash from Financing
- -57
- 72
- Free Cash Flow
- 116
- OCF / Net Profit
- 1.84
- Cumulative 5-Year FCF
- 206
- OCF / Net Profit
- 1.84
- Cumulative 5-Year FCF
- 206
Mar 2023
- 516
- Cash from Investing
- -621
- Cash from Financing
- 65
- -40
- Free Cash Flow
- 144
- OCF / Net Profit
- 1.94
- Cumulative 5-Year FCF
- 490
- OCF / Net Profit
- 1.94
- Cumulative 5-Year FCF
- 490
Mar 2024
- 542
- Cash from Investing
- -761
- Cash from Financing
- 237
- 19
- Free Cash Flow
- 295
- OCF / Net Profit
- 1.28
- Cumulative 5-Year FCF
- 650
- OCF / Net Profit
- 1.28
- Cumulative 5-Year FCF
- 650
Mar 2025
- 523
- Cash from Investing
- -754
- Cash from Financing
- 391
- 160
- Free Cash Flow
- -390
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 266
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 266
Mar 2026
- 759
- Cash from Investing
- -965
- Cash from Financing
- 134
- -73
- Free Cash Flow
- 366
- OCF / Net Profit
- 1.51
- Cumulative 5-Year FCF
- 531
- OCF / Net Profit
- 1.51
- Cumulative 5-Year FCF
- 531
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 4.65 | 2.86 | 2.45 | 3.31 | -3.85 | 6.54 | 13.00 | 20.77 | 21.10 | 24.62 |
| Book Value (₹) | 51.34 | 54.18 | 57.03 | 56.89 | 53.14 | 59.80 | 71.84 | 90.05 | 106.95 | 127.10 |
| 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 (₹) | 7.99 | 6.68 | 6.89 | 9.56 | 2.16 | 12.35 | 19.81 | 28.67 | 29.38 | 33.99 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 14.32% | 10.87% | 10.28% | 12.82% | 3.00% | 15.32% | 19.86% | 18.50% | 19.00% | 21.42% |
| Net Margin % | 5.78% | 3.16% | 2.41% | 3.03% | -4.75% | 5.54% | 8.96% | 13.00% | 12.01% | 12.66% |
| ROE % | 9.50% | 5.42% | 4.41% | 5.82% | -7.00% | 11.58% | 19.75% | 25.66% | 21.42% | 21.04% |
| ROCE % | 14.37% | 8.72% | 7.46% | 9.79% | -4.77% | 16.25% | 24.85% | 23.81% | 20.40% | 19.54% |
| 6.63% | 3.36% | 2.46% | 3.15% | -3.64% | 6.10% | 10.51% | 13.34% | 10.55% | 9.93% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 31 | 32 | 30 | 25 | 33 | 25 | 22 | 20 | 22 | 26 |
| Inventory Days | 10 | 9 | 9 | 7 | 6 | 4 | 4 | 5 | 5 | 4 |
| Payable Days | 145 | 158 | 160 | 163 | 218 | 175 | 187 | 194 | 172 | 165 |
| -105 | -117 | -121 | -132 | -179 | -146 | -162 | -169 | -144 | -134 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.11x | 0.44x | 0.43x | 0.37x | 0.36x | 0.31x | 0.37x | 0.50x | 0.68x | 0.71x |
| Interest Coverage (x) | 9.66x | 4.63x | 2.85x | 2.88x | -1.53x | 5.55x | 8.15x | 8.76x | 6.66x | 5.69x |
| 1.06x | 0.90x | 0.91x | 0.72x | 0.60x | 0.78x | 0.86x | 1.15x | 1.45x | 1.40x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 11.97% | 12.25% | 12.43% | 7.81% | -26.11% | 45.77% | 22.94% | 10.13% | 9.93% | 10.72% |
| Operating Profit Growth % | 25.74% | -14.79% | 6.28% | 34.51% | -82.70% | 643.65% | 59.38% | 23.91% | 12.97% | 24.69% |
| Net Profit Growth % | 67.79% | -38.57% | -14.27% | 35.26% | -216.13% | 269.81% | 98.83% | 59.81% | 1.56% | 16.69% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 59.81% | 1.56% | 16.69% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 61.63x | 80.17x | 65.22x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 14.22x | 15.81x | 12.63x |
| 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 | 36.80x | 43.25x | 33.30x |
Mar 2017
- EPS (₹)
- 4.65
- Book Value (₹)
- 51.34
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 7.99
- Operating Margin %
- 14.32%
- Net Margin %
- 5.78%
- ROE %
- 9.50%
- ROCE %
- 14.37%
- 6.63%
- Debtor Days
- 31
- Inventory Days
- 10
- Payable Days
- 145
- -105
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 9.66x
- 1.06x
- Revenue Growth %
- 11.97%
- Operating Profit Growth %
- 25.74%
- Net Profit Growth %
- 67.79%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 2.86
- Book Value (₹)
- 54.18
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.68
- Operating Margin %
- 10.87%
- Net Margin %
- 3.16%
- ROE %
- 5.42%
- ROCE %
- 8.72%
- 3.36%
- Debtor Days
- 32
- Inventory Days
- 9
- Payable Days
- 158
- -117
- Debt to Equity (x)
- 0.44x
- Interest Coverage (x)
- 4.63x
- 0.90x
- Revenue Growth %
- 12.25%
- Operating Profit Growth %
- -14.79%
- Net Profit Growth %
- -38.57%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 2.45
- Book Value (₹)
- 57.03
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 6.89
- Operating Margin %
- 10.28%
- Net Margin %
- 2.41%
- ROE %
- 4.41%
- ROCE %
- 7.46%
- 2.46%
- Debtor Days
- 30
- Inventory Days
- 9
- Payable Days
- 160
- -121
- Debt to Equity (x)
- 0.43x
- Interest Coverage (x)
- 2.85x
- 0.91x
- Revenue Growth %
- 12.43%
- Operating Profit Growth %
- 6.28%
- Net Profit Growth %
- -14.27%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 3.31
- Book Value (₹)
- 56.89
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 9.56
- Operating Margin %
- 12.82%
- Net Margin %
- 3.03%
- ROE %
- 5.82%
- ROCE %
- 9.79%
- 3.15%
- Debtor Days
- 25
- Inventory Days
- 7
- Payable Days
- 163
- -132
- Debt to Equity (x)
- 0.37x
- Interest Coverage (x)
- 2.88x
- 0.72x
- Revenue Growth %
- 7.81%
- Operating Profit Growth %
- 34.51%
- Net Profit Growth %
- 35.26%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -3.85
- Book Value (₹)
- 53.14
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.16
- Operating Margin %
- 3.00%
- Net Margin %
- -4.75%
- ROE %
- -7.00%
- ROCE %
- -4.77%
- -3.64%
- Debtor Days
- 33
- Inventory Days
- 6
- Payable Days
- 218
- -179
- Debt to Equity (x)
- 0.36x
- Interest Coverage (x)
- -1.53x
- 0.60x
- Revenue Growth %
- -26.11%
- Operating Profit Growth %
- -82.70%
- Net Profit Growth %
- -216.13%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 6.54
- Book Value (₹)
- 59.80
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 12.35
- Operating Margin %
- 15.32%
- Net Margin %
- 5.54%
- ROE %
- 11.58%
- ROCE %
- 16.25%
- 6.10%
- Debtor Days
- 25
- Inventory Days
- 4
- Payable Days
- 175
- -146
- Debt to Equity (x)
- 0.31x
- Interest Coverage (x)
- 5.55x
- 0.78x
- Revenue Growth %
- 45.77%
- Operating Profit Growth %
- 643.65%
- Net Profit Growth %
- 269.81%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 13.00
- Book Value (₹)
- 71.84
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 19.81
- Operating Margin %
- 19.86%
- Net Margin %
- 8.96%
- ROE %
- 19.75%
- ROCE %
- 24.85%
- 10.51%
- Debtor Days
- 22
- Inventory Days
- 4
- Payable Days
- 187
- -162
- Debt to Equity (x)
- 0.37x
- Interest Coverage (x)
- 8.15x
- 0.86x
- Revenue Growth %
- 22.94%
- Operating Profit Growth %
- 59.38%
- Net Profit Growth %
- 98.83%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 20.77
- Book Value (₹)
- 90.05
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 28.67
- Operating Margin %
- 18.50%
- Net Margin %
- 13.00%
- ROE %
- 25.66%
- ROCE %
- 23.81%
- 13.34%
- Debtor Days
- 20
- Inventory Days
- 5
- Payable Days
- 194
- -169
- Debt to Equity (x)
- 0.50x
- Interest Coverage (x)
- 8.76x
- 1.15x
- Revenue Growth %
- 10.13%
- Operating Profit Growth %
- 23.91%
- Net Profit Growth %
- 59.81%
- 59.81%
- P/E (x)
- 61.63x
- P/B (x)
- 14.22x
- Dividend Yield %
- 0.31%
- 36.80x
Mar 2025
- EPS (₹)
- 21.10
- Book Value (₹)
- 106.95
- Dividend per Share (₹)
- 4.50
- Cash EPS (₹)
- 29.38
- Operating Margin %
- 19.00%
- Net Margin %
- 12.01%
- ROE %
- 21.42%
- ROCE %
- 20.40%
- 10.55%
- Debtor Days
- 22
- Inventory Days
- 5
- Payable Days
- 172
- -144
- Debt to Equity (x)
- 0.68x
- Interest Coverage (x)
- 6.66x
- 1.45x
- Revenue Growth %
- 9.93%
- Operating Profit Growth %
- 12.97%
- Net Profit Growth %
- 1.56%
- 1.56%
- P/E (x)
- 80.17x
- P/B (x)
- 15.81x
- Dividend Yield %
- 0.27%
- 43.25x
Mar 2026
- EPS (₹)
- 24.62
- Book Value (₹)
- 127.10
- Dividend per Share (₹)
- 4.50
- Cash EPS (₹)
- 33.99
- Operating Margin %
- 21.42%
- Net Margin %
- 12.66%
- ROE %
- 21.04%
- ROCE %
- 19.54%
- 9.93%
- Debtor Days
- 26
- Inventory Days
- 4
- Payable Days
- 165
- -134
- Debt to Equity (x)
- 0.71x
- Interest Coverage (x)
- 5.69x
- 1.40x
- Revenue Growth %
- 10.72%
- Operating Profit Growth %
- 24.69%
- Net Profit Growth %
- 16.69%
- 16.69%
- P/E (x)
- 65.22x
- P/B (x)
- 12.63x
- Dividend Yield %
- 0.28%
- 33.30x
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