Valuation Narayana Hrudayalaya Limited

Equities

Market Closed - NSE India S.E. Other stock markets 04:35:03 13/04/2026 pm IST			5-day change	1st Jan Change
1,768.30 ^INR	+0.76%		+4.89%	-6.54%

20/02	Narayana Hrudayalaya purchases 3.3 acres of land	RE
17/02	Narayana Hrudayalaya Limited, Q3 2026 Earnings Call, Feb 17, 2026

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	82,344	1,51,244	1,57,118	2,60,701	3,43,655	3,59,141	-	-
Change	-	83.67%	3.88%	65.93%	31.82%	4.51%	-	-
Enterprise Value (EV) ¹	86,276	1,55,444	1,60,942	2,70,974	3,59,321	3,82,867	3,81,919	3,76,725
Change	-	80.17%	3.54%	68.37%	32.6%	6.55%	-0.25%	-1.36%
P/E ratio	-580x	44.3x	25.9x	33x	43.5x	41.1x	31.9x	26.6x
PBR	7.4x	10.1x	7.38x	9.04x	9.48x	8.14x	6.62x	5.37x
PEG	-	-0x	0.3x	1.1x	422.6x	3.9x	1.1x	1.3x
Capitalization / Revenue	3.19x	4.09x	3.47x	5.2x	6.12x	4.63x	3.46x	3.06x
EV / Revenue	3.34x	4.2x	3.56x	5.4x	6.4x	4.94x	3.68x	3.21x
EV / EBITDA	47.4x	23.8x	16.7x	23.5x	28.1x	23.8x	18.2x	15.4x
EV / EBIT	-6,050x	33.1x	21.3x	29.8x	32.9x	31.9x	24.4x	20.4x
EV / FCF	36.1x	66.3x	28.6x	282x	-374x	-39.8x	50.5x	36.5x
FCF Yield	2.77%	1.51%	3.5%	0.35%	-0.27%	-2.51%	1.98%	2.74%
Dividend per Share ²	1	1	2.5	4	4.5	4.718	5.231	5.967
Rate of return	0.25%	0.13%	0.32%	0.31%	0.27%	0.27%	0.3%	0.34%
EPS ²	-0.7	16.84	29.85	38.86	38.9	43.02	55.47	66.49
Distribution rate	-143%	5.94%	8.38%	10.3%	11.6%	11%	9.43%	8.97%
Net sales ¹	25,823	37,013	45,248	50,182	56,172	77,516	1,03,781	1,17,312
EBITDA ¹	1,821	6,535	9,658	11,524	12,783	16,118	20,996	24,453
EBIT ¹	-14.26	4,700	7,558	9,102	10,918	12,005	15,626	18,458
Net income ¹	-143	3,419	6,062	7,893	7,902	8,730	11,548	13,912
Net Debt ¹	3,933	4,200	3,823	10,273	15,666	23,726	22,778	17,584
Reference price ²	405.85	745.35	774.15	1,283.80	1,692.05	1,768.30	1,768.30	1,768.30
Nbr of stocks (in thousands)	2,02,892	2,02,917	2,02,956	2,03,070	2,03,100	2,03,100	-	-
Announcement Date	31/05/21	20/05/22	19/05/23	24/05/24	23/05/25	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
NARAYANA HRUDAYALAYA LIMITED	41.11x	4.94x	23.75x	0.27%	383.55Cr
IHH HEALTHCARE	38.53x	3.49x	15.55x	1.16%	1.94TCr
AIER EYE HOSPITAL GROUP CO., LTD.	24.54x	3.71x	13.1x	1.72%	1.31TCr
THE ENSIGN GROUP, INC.	28.23x	2.26x	18.96x	0.13%	1.17TCr
APOLLO HOSPITALS ENTERPRISE LIMITED	56.65x	4.49x	30.4x	0.31%	1.15TCr
ENCOMPASS HEALTH CORPORATION	18.27x	2.04x	9.61x	0.71%	1.07TCr
BANGKOK DUSIT MEDICAL SERVICES	17.82x	2.62x	10.66x	4.41%	917.56Cr
FORTIS HEALTHCARE LIMITED	59.72x	7.2x	31.25x	0.15%	685.52Cr
PURE HEALTH HOLDING	10.37x	1.02x	6.14x	2.28%	662.44Cr
RAMSAY HEALTH CARE LIMITED	30.4x	0.87x	7.25x	2.15%	641.38Cr
Average	32.56x	3.26x	16.67x	1.33%	992.93Cr
Weighted average by Cap.	32.64x	3.23x	16.50x	1.3%