Healthcare · NSE/BSE: NH

Narayana Hrudayalaya Ltd. Earnings Summary — Q4 FY2026

Sentiment: Positive
AI-generated summary

Narayana Hrudayalaya Reports Massive 108% Revenue Surge with Robust Operational Profit Growth in Q4

Key Takeaways

  • Revenue for the quarter surged by 75.86% year-on-year, reaching a record INR 2,594 Cr.
  • Operating profit reached INR 508 Cr, the highest quarterly figure in the company's reporting history.
  • Net profit saw a sharp sequential recovery of 76% following a relatively weak December 2025 quarter.
  • The balance sheet shows a massive expansion phase with borrowings rising to INR 5,857 Cr to fund growth.
  • Interest costs have nearly doubled year-on-year to INR 91 Cr, reflecting the increased leverage.
  • The company effectively maintained high volumes despite the margin compression from 24% to 20% compared to last March.
  • Depreciation increased significantly to INR 154 Cr, signaling the commissioning of new assets and capacities.

Management Guidance

The company is in an aggressive expansionary phase, shifting from a founder-led model to a professionalised multi-specialty powerhouse with a focus on digital health and insurance (NH-Atreya).

Sentiment Shift

Improving

Outlook

NH is moving toward more complex quaternary care and international expansion in the Cayman Islands. While near-term margins may be pressured by the gestation of new capacities and higher finance costs, the scale-up in revenue suggests strong market demand.

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This summary is AI-generated from Narayana Hrudayalaya Ltd.'s latest annual report and public disclosures. It is for informational purposes only and is not investment advice.