About
Narayana Hrudayalaya Limited provides medical and healthcare services in India and the Cayman Islands. It operates through the Medical and Healthcare Related Services; and Others segments. The company offers oncology, anesthesiology, audiology, blood bank, oncoplastic surgery, cardiac surgery, cardiology, clinical genetics, clinical immunology, clinical nutrition and dietetics, clinical psychology, congenital adult heart disease, cosmetology, cranio-maxillofacial surgery, critical care medicine, dental, dermatology, pediatrics, diabetology, ENT, emergency medicine, endocrinology, family medicine, general and GI surgery, general medicine and surgery, geriatric medicine, gynecology, hematology, headache and facial pain management, transplant, infectious diseases, neurology, radiology, hepatobiliary surgery, gastroenterology, minimal access GI and bariatric surgery, neonatology, nephrology, neuro-otology, neuro-rehabilitation, neurosurgery and spine surgery, and nuclear medicine services. It also provides ophthalmology, orthopedics and joint replacement, pain management and palliative care, pathology, perinatology and fetal intervention, physical medicine and rehabilitation, physiotherapy and physical rehabilitation, plastic surgery, psychiatry, pulmonology, reproductive medicine, rheumatology, renal science, speech and swallow rehabilitation, spine surgery, thoracic and vascular surgery, ultrasonology, urology, and other services. In addition, the company acquires, owns, and operates hospitals, clinics, health centers, diagnostic centers, and nursing homes. Further, it provides health insurance, consultancy services in the field of healthcare and hospitals, and IT services related to healthcare. Additionally, the company engages in investment activities; and develops software related to the healthcare industry. Narayana Hrudayalaya Limited was incorporated in 2000 and is headquartered in Bengaluru, India.
Key Metrics
as of Sep 2026Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,097.00 | 1,044.00 | 969.00 | 1,019.00 | 943.00 | 919.00 | 865.00 | 934.00 | 872.00 | 846.00 | 771.00 | 852.00 | 797.00 |
| Expenses | 858.00 | 817.00 | 764.00 | 790.00 | 764.00 | 743.00 | 708.00 | 752.00 | 715.00 | 690.00 | 633.00 | 688.00 | 659.00 |
| Operating Profit | 239.00 | 227.00 | 205.00 | 229.00 | 179.00 | 176.00 | 157.00 | 183.00 | 157.00 | 156.00 | 138.00 | 164.00 | 138.00 |
| OPM % | 22.00 | 22.00 | 21.00 | 22.00 | 19.00 | 19.00 | 18.00 | 20.00 | 18.00 | 18.00 | 18.00 | 19.00 | 17.00 |
| Other Income | 30.00 | 127.00 | -29.00 | 17.00 | 16.00 | 107.00 | 9.00 | 13.00 | 14.00 | 89.00 | 11.00 | 14.00 | 9.00 |
| Depreciation | 48.00 | 51.00 | 47.00 | 46.00 | 48.00 | 46.00 | 43.00 | 42.00 | 39.00 | 44.00 | 41.00 | 39.00 | 38.00 |
| Interest | 34.00 | 39.00 | 29.00 | 29.00 | 31.00 | 26.00 | 21.00 | 20.00 | 20.00 | 14.00 | 13.00 | 13.00 | 13.00 |
| Profit before tax | 188.00 | 264.00 | 99.00 | 171.00 | 117.00 | 211.00 | 101.00 | 134.00 | 110.00 | 187.00 | 95.00 | 126.00 | 96.00 |
| Tax % | 27.00 | 23.00 | 24.00 | 20.00 | 26.00 | 24.00 | 22.00 | 21.00 | 22.00 | 15.00 | 17.00 | 13.00 | 18.00 |
| Net Profit | 138.00 | 202.00 | 76.00 | 138.00 | 87.00 | 160.00 | 79.00 | 106.00 | 86.00 | 158.00 | 79.00 | 109.00 | 79.00 |
| EPS in Rs | 6.75 | 9.89 | 3.71 | 6.75 | 4.28 | 7.83 | 3.88 | 5.16 | 4.23 | 7.74 | 3.85 | 5.33 | 3.86 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,975.00 | 3,590.00 | 3,266.00 | 2,965.00 | 2,412.00 | 1,655.00 | 2,239.00 | 2,077.00 | 1,848.00 | 1,646.00 | 1,470.00 | 1,308.00 |
| Expenses | 3,117.00 | 2,905.00 | 2,656.00 | 2,471.00 | 2,146.00 | 1,676.00 | 1,971.00 | 1,881.00 | 1,664.00 | 1,427.00 | 1,295.00 | 1,182.00 |
| Operating Profit | 859.00 | 685.00 | 609.00 | 494.00 | 266.00 | -21.00 | 268.00 | 196.00 | 184.00 | 219.00 | 175.00 | 126.00 |
| OPM % | 22.00 | 19.00 | 19.00 | 17.00 | 11.00 | -1.30 | 12.00 | 9.00 | 10.00 | 13.00 | 12.00 | 10.00 |
| Other Income | 124.00 | 139.00 | 120.00 | 95.00 | 104.00 | 71.00 | 19.00 | 17.00 | 16.00 | 14.00 | 2.00 | 10.00 |
| Interest | 139.00 | 98.00 | 65.00 | 55.00 | 45.00 | 48.00 | 55.00 | 43.00 | 26.00 | 17.00 | 23.00 | 38.00 |
| Depreciation | 191.00 | 169.00 | 161.00 | 139.00 | 119.00 | 123.00 | 128.00 | 91.00 | 78.00 | 68.00 | 67.00 | 64.00 |
| Profit before tax | 652.00 | 557.00 | 503.00 | 395.00 | 206.00 | -121.00 | 104.00 | 79.00 | 95.00 | 147.00 | 86.00 | 34.00 |
| Tax % | 23.00 | 23.00 | 16.00 | 33.00 | 35.00 | -35.00 | 35.00 | 37.00 | 39.00 | 35.00 | 34.00 | 38.00 |
| Net Profit | 503.00 | 431.00 | 425.00 | 266.00 | 134.00 | -79.00 | 68.00 | 50.00 | 58.00 | 95.00 | 57.00 | 21.00 |
| EPS in Rs | 24.62 | 21.10 | 20.77 | 13.00 | 6.54 | -3.85 | 3.31 | 2.45 | 2.86 | 4.65 | 2.77 | 1.05 |
| Dividend Payout % | 18.00 | 21.00 | 19.00 | 19.00 | 15.00 | 0.00 | 30.00 | 41.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 204.00 | 204.00 | 204.00 | 204.00 | 204.00 | 204.00 | 204.00 | 204.00 | 204.00 | 204.00 | 204.00 | 200.00 |
| Reserves | 2,393.00 | 1,981.00 | 1,636.00 | 1,264.00 | 1,021.00 | 885.00 | 962.00 | 963.00 | 916.00 | 854.00 | 753.00 | 595.00 |
| Borrowings | 1,970.00 | 1,595.00 | 1,011.00 | 644.00 | 533.00 | 551.00 | 607.00 | 499.00 | 491.00 | 120.00 | 152.00 | 289.00 |
| Other Liabilities | 860.00 | 722.00 | 645.00 | 664.00 | 528.00 | 462.00 | 449.00 | 410.00 | 383.00 | 309.00 | 274.00 | 216.00 |
| Total Liabilities | 5,427.00 | 4,502.00 | 3,496.00 | 2,777.00 | 2,285.00 | 2,103.00 | 2,222.00 | 2,077.00 | 1,995.00 | 1,487.00 | 1,383.00 | 1,300.00 |
| Fixed Assets | 2,434.00 | 2,325.00 | 1,480.00 | 1,358.00 | 1,094.00 | 1,070.00 | 1,159.00 | 949.00 | 973.00 | 682.00 | 650.00 | 651.00 |
| CWIP | 234.00 | 43.00 | 34.00 | 32.00 | 23.00 | 5.00 | 3.00 | 56.00 | 30.00 | 52.00 | 13.00 | 9.00 |
| Investments | 1,087.00 | 1,166.00 | 1,021.00 | 678.00 | 661.00 | 645.00 | 619.00 | 597.00 | 561.00 | 354.00 | 334.00 | 241.00 |
| Other Assets | 1,672.00 | 967.00 | 962.00 | 709.00 | 507.00 | 382.00 | 441.00 | 475.00 | 431.00 | 399.00 | 386.00 | 399.00 |
| Total Assets | 5,427.00 | 4,502.00 | 3,496.00 | 2,777.00 | 2,285.00 | 2,103.00 | 2,222.00 | 2,077.00 | 1,995.00 | 1,487.00 | 1,383.00 | 1,300.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 759.00 | 523.00 | 542.00 | 516.00 | 246.00 | 123.00 | 286.00 | 208.00 | 196.00 | 218.00 | 177.00 | 61.00 |
| Cash from Investing Activity | -960.00 | -755.00 | -761.00 | -621.00 | -117.00 | -12.00 | -129.00 | -137.00 | -446.00 | -162.00 | -130.00 | -192.00 |
| Cash from Financing Activity | 134.00 | 391.00 | 237.00 | 65.00 | -57.00 | -114.00 | -170.00 | -11.00 | 226.00 | -32.00 | -2.00 | 127.00 |
| Net Cash Flow | -68.00 | 159.00 | 19.00 | -40.00 | 72.00 | -3.00 | -12.00 | 61.00 | -24.00 | 25.00 | 46.00 | -4.00 |
| Free Cash Flow | 242.00 | -181.00 | 40.00 | 272.00 | 66.00 | 88.00 | 194.00 | 105.00 | 7.00 | 93.00 | 112.00 | -18.00 |
| CFO/OP % | 107.00 | 91.00 | 101.00 | 120.00 | 113.00 | -349.00 | 128.00 | 131.00 | 123.00 | 116.00 | 120.00 | 64.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 30.00 | 25.00 | 21.00 | 22.00 | 26.00 | 34.00 | 24.00 | 28.00 | 37.00 | 31.00 | 34.00 | 40.00 |
| Inventory Days | 17.00 | 20.00 | 28.00 | 17.00 | 18.00 | 19.00 | 24.00 | 36.00 | 41.00 | 42.00 | 46.00 | 55.00 |
| Days Payable | 175.00 | 168.00 | 192.00 | 211.00 | 177.00 | 237.00 | 171.00 | 165.00 | 179.00 | 161.00 | 142.00 | 136.00 |
| Cash Conversion Cycle | -128.00 | -122.00 | -143.00 | -172.00 | -133.00 | -184.00 | -124.00 | -101.00 | -102.00 | -88.00 | -62.00 | -41.00 |
| Working Capital Days | -24.00 | -33.00 | -39.00 | -40.00 | -36.00 | -53.00 | -26.00 | -15.00 | -10.00 | -2.00 | -6.00 | -20.00 |
| ROCE % | 20.00 | 19.00 | 23.00 | 23.00 | 15.00 | -4.00 | 9.00 | 8.00 | 9.00 | 15.00 | 11.00 | 7.00 |
Corporate Actions
7 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 17 Jul 2026 | 17 Jul 2026 | — | 4.50 | |
| Dividend | 01 Aug 2025 | 01 Aug 2025 | — | 4.50 | |
| Dividend | 02 Aug 2024 | 02 Aug 2024 | — | 4.00 | |
| Dividend | 07 Jul 2023 | 07 Jul 2023 | — | 2.50 | |
| Dividend | 22 Aug 2022 | 23 Aug 2022 | — | 1.00 | |
| Dividend | 11 Mar 2020 | 12 Mar 2020 | — | 1.00 | |
| Dividend | 01 Aug 2019 | 03 Aug 2019 | — | 1.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update24 Mar from icra
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Rating update19 Jan from icra
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Rating update10 Nov 2025 from icra
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Rating update20 Jan 2025 from icra
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Rating update2 Feb 2024 from icra
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Rating update6 Mar 2023 from icra
Conference Calls
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