Narayana Hrudayalaya logo

Narayana Hrudayalaya share price

NSE: NHBSE: 539551Healthcare ServicesMid Cap

Last close ₹1,646.90down ₹46.30 (2.73%)BSE ₹1,647.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,693.20.

52-week range of traded prices to 23 Oct 2026
₹1,589.00Low, 2 Apr 2026₹2,093.30High, 17 Nov 2025
Market cap
₹33,656 Cr235th largest listed
P/E
41.2
P/B
7.4
Dividend yield
0.27%
ROE
20.0%
ROCE
13.1%
Debt to equity
1.07
Volume, NSE
1,97,68749.1% delivered

Share price

Daily closes since Jan 2016, adjusted for splits and bonuses

−6.4%over a year

Results20-session average 1,89,621 shares a day, 55.2% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 31 Jul

Revenue
₹2,684 Crup 3.46%
Net profit
₹207 Crdown 7.47%
Net margin
7.7%

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 1 of the 10 years shown

The years either side of a change of basis do not compare. From the year to Mar 2025, the company's revenue for that year, ₹5,483 Cr, differs from its quarters added, ₹5,583 Cr.

₹ croreSep 2024Filed 31 OctDec 2024Filed 14 FebMar 2025Filed 12 JunJun 2025Filed 1 AugSep 2025Filed 14 NovDec 2025Filed 13 FebMar 2026Filed 22 MayJun 2026Filed 31 Jul
Revenue1,4001,3671,4751,5071,6442,1512,5942,684
Net profit199193197197258127224207
Net margin14.2%14.1%13.4%13.1%15.7%5.9%8.6%7.7%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

The quarters either side of a change of basis do not compare. From the quarter to Mar 2025, the company's revenue for the year to Mar 2025, ₹5,483 Cr, differs from its quarters added, ₹5,583 Cr.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Medical and healthcare related services₹7,689 Crup 37.09%95.2%
  • Others₹386 Cr4.8%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2025: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 36% of 2,210 trading days since Nov 2016.

LowestHighest
Its median46.6Industry median40.7
Price to book

At or below today's level on 26% of 1,975 trading days since Nov 2018.

LowestHighest
Its median8.8Industry median4.6
EV to EBITDA20.8

At or below today's level on 30% of 1,975 trading days since Nov 2018.

LowestHighest
Its median22.9Industry median23.6
Dividend yield

At or below today's level on 81% of 2,462 trading days over the last 10 years.

LowestHighest
Its median0.14%Industry median0.25%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−4.8%+2.0%−7.0%0.3%
3 years+27.8%+9.9%+16.0%0.3%
5 years+31.9%––0.3%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters63.27%
  • Foreign institutions9.01%
  • Indian institutions10.68%
  • Individuals and others16.42%
  • Employee trusts0.62%
Holder
SHAKUNTALA SHETTYPromoter34.80%
DEVI PRASAD SHETTYPromoter11.66%
VARUN SHETTYPromoter5.00%
VIREN PRASAD SHETTYPromoter5.00%
ANESH SHETTYPromoter5.00%
KIRAN MAZUMDAR SHAWDirectors and their relatives2.30%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

108 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 36 of the 47 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings

Bought for the first time
35
Added
23
Cut
24
Held unchanged
26
Sold out
23
Fund
Mirae Asset Mutual Fund logoMirae Asset Large & Midcap FundMirae Asset Mutual Fund41,79,5581.75%₹748.7 Cr
Mirae Asset Mutual Fund logoMirae Asset Midcap FundMirae Asset Mutual Fund23,28,2292.13%₹417.1 Cr
PPFAS Mutual Fund logoParag Parikh Flexi Cap FundPPFAS Mutual Fund19,95,9140.25%₹357.5 Cr
Mirae Asset Mutual Fund logoMirae Asset ELSS Tax Saver FundMirae Asset Mutual Fund16,66,9541.21%₹298.6 Cr
Axis Mutual Fund logoAxis Small Cap FundAxis Mutual Fund16,63,7800.97%₹298.0 Cr
DSP Mutual Fund logoDSP Small Cap FundDSP Mutual Fund11,84,3620.99%₹212.2 Cr
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund9,44,1730.21%₹169.1 Cr
Nippon India Mutual Fund logoNippon India Pharma FundNippon India Mutual Fund8,23,9111.61%₹147.6 Cr
Mirae Asset Mutual Fund logoMirae Asset Multicap FundMirae Asset Mutual Fund4,89,8341.63%₹87.7 Cr
Mirae Asset Mutual Fund logoMirae Asset Small Cap FundMirae Asset Mutual Fund3,78,7531.17%₹67.8 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Hospital, 38 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Narayana Hrudayalaya in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Manipal Health EnterprisesMANIPALHOS79,889–––––––0.00%
Max Healthcare Institute logoMax Healthcare InstituteMAXHEALTH79,32554.47.435.4+16.0%+27.0%14.5%13.0%0.25%
Aster DM Quality Care logoAster DM Quality CareASTERDM56,201176.4––+15.7%+0.2%8.0%12.4%0.47%
Fortis Healthcare logoFortis HealthcareFORTIS53,82151.45.426.3+17.5%+20.7%11.1%12.7%0.14%
Global Health logoGlobal HealthMEDANTA31,86257.38.032.6+21.3%+4.1%15.1%14.2%0.04%
Krishna Institute of Medical Sciences logoKrishna Institute of Medical SciencesKIMS27,937136.612.437.4+30.9%−46.2%9.3%8.7%0.00%
Dr. Agarwal's Health Care logoDr. Agarwal's Health CareAGARWALEYE15,024101.37.424.6––7.6%14.1%0.00%
Rainbow Childrens Medicare logoRainbow Childrens MedicareRAINBOW11,87941.67.220.6+18.3%+10.9%18.3%25.0%0.30%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹4.50 a share, years to Mar 2025 and Mar 2026.
Ex-dateTypePer share
17 Jul 2026Final₹4.50
1 Aug 2025Final₹4.50
2 Aug 2024Final₹4.00
7 Jul 2023Final₹2.50
22 Aug 2022Final₹1.00
11 Mar 2020Interim₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Narayana Hrudayalaya share price by year

Each calendar year to 2025.Narayana Hrudayalaya share price history

YearClose at year endChangeHighest closeLowest close
20251,892.00+48.6%2,263.201,269.10
20241,272.80+5.9%1,416.951,148.10
20231,201.95+58.1%1,260.30712.15
2022760.45+18.9%791.45617.25
2021639.50+42.7%639.50383.20
2020448.15+45.8%448.95225.60
2019307.30+57.5%310.10185.95
2018195.10−34.6%314.85195.10
2017298.25−13.0%344.35283.00
2016342.90–362.00279.90
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,693.201,705.201,622.801,646.901,643.521,97,68749.1%
22 Oct 20261,722.001,722.001,678.001,693.201,688.661,02,58449.9%
21 Oct 20261,740.901,748.801,696.001,725.001,723.551,37,88955.0%
19 Oct 20261,719.401,748.101,703.001,740.901,735.741,00,86050.6%
16 Oct 20261,716.001,731.201,706.501,719.401,718.5397,14361.5%
15 Oct 20261,685.001,735.001,675.701,725.401,721.841,84,67757.8%
14 Oct 20261,688.001,699.001,670.501,689.401,687.411,24,41460.8%
13 Oct 20261,699.901,708.301,663.501,687.301,679.471,56,49252.7%
12 Oct 20261,724.401,731.801,682.001,692.201,705.651,28,15359.7%
9 Oct 20261,693.001,746.301,693.001,719.501,722.171,51,19148.4%
Prices in ₹ per share as traded, not adjusted.

About Narayana Hrudayalaya

Narayana Hrudayalaya Limited, known as Narayana Health, runs hospitals, heart centres and clinics in India, the Cayman Islands and the United Kingdom, and has a health insurance business. It was established in 2000 by Dr. Devi Prasad Shetty, a cardiac surgeon, who is its Chairman and Founder. It began as an advanced cardiac care provider with two hospitals, the first in Calcutta and the second in Bangalore.

Its hospitals cover cardiac sciences, oncology, renal sciences, neurosciences, orthopaedics, and medicine and gastrointestinal sciences. Some hospitals are owned by the company on a freehold basis. Others are operated by it on a rental or revenue-sharing basis. It also runs clinics in Bengaluru and employs about 20,950 staff.

The network has 55 healthcare facilities: 20 hospitals and heart centres in India, 20 clinics and dialysis centres in India, 2 facilities in the Cayman Islands and 13 in the United Kingdom. The Indian hospitals are grouped in clusters in Bangalore, Kolkata and the southern, eastern, western and northern regions of the country.

In the Cayman Islands, Health City Cayman Islands Ltd is a wholly owned subsidiary that operates a hospital. Another subsidiary there, Cayman Integrated Healthcare Ltd, is authorised to carry out health insurance business. In the United Kingdom, a subsidiary acquired 100% of the equity shares of Practice Plus Group Hospitals Ltd in November 2025. That business runs 7 hospitals, 3 surgical centres, 2 urgent treatment centres, 3 musculoskeletal or diagnostic centres and 1 ophthalmology centre with 330 beds. In India, the wholly owned subsidiary Narayana Health Insurance Limited was set up for health insurance.

Legal name
Narayana Hrudayalaya Ltd.
NSE symbol
NH
BSE code
539551
ISIN
INE410P01011
Industry
Healthcare Services
Listed
Jan 2016
Face value
₹10
CIN
L85110KA2000PLC027497
Corporate identity number, the registrar of companies' code for it