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Earnings Call

Narayana Hrudayalaya Earnings Call: Key Takeaways

Narayana Health reported Q4 FY26 earnings with a 25.1% India hospital margin. Management focuses on high-end quaternary care and integrating the new UK acquisition.

Why this was an Alfa AlertNot a filter event. No material beat against explicit management-provided guidance ranges was stated.
Highlights
Revenue growthIndia revenue up 10.2% YoY; Cayman scale-up reached ~$50m/quarter.
MarginsNormalized consol margin ~22% after one-time UK acquisition costs.
Demand visibilityStrong domestic demand replacing international; focus on high-end cardiac/transplants.
Management confidenceHigh confidence in sustaining India margins despite macro headwinds.

Growth

India hospital margins expanded to 25.1% from 21.5% YoY. ARPOB grew in low-to-mid single digits.

Outlook

₹3,000cr India capex planned for FY28-29. Doubling clinic count and adding adult programs in Mumbai for FY27.

Risks

High inflationary environment, UK acquisition integration costs, and losses in the new Cayman insurance business ($5m USD).

Source

Earnings Call filed with BSE, BSE: 539551. Summary written with AI assistance from the document.

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Narayana Hrudayalaya Ltd: key numbers

Share price
₹1,861.40
Market cap
₹38,040 Cr
Revenue (annual)
₹7,896 Cr
Net profit (annual)
₹805.6 Cr
P/E (TTM)
46.6×Sector 57.8×
Promoter holding
63.27%+0.00% QoQ
FII holding
9.40%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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