Healthcare Services sector

Industry analysis

Hospital

Read from what its listed companies are showing. Valuations are compared within this industry.

Mixed

41 listed companies · ₹ 5,42,983 Cr. total market value
  • ▲82% of companies grew sales by more than 8% from a year earlier; the typical company's profit rose 13%. 13% made a loss.
  • ●No credit rating changes in the last 90 days.
  • –6 good and 1 bad company announcements (read since 6 Oct 2026; not counted until there is a month of them).
  • ▼The typical share is down 11% in 3 months; 28% of shares trade above their 200-day average (their usual level).
  • –Typical P/E 49.3, close to these companies' usual level.
  • –Raised ₹ 0 Cr. by issuing shares (1 issue) in 90 days.

▲ / ▼ / ● are the signals the verdict counts: results, credit ratings, announcements and share prices. Lines marked – are shown but not counted.

In charts

Share prices over the last year

The typical Hospital share against the typical share on the market, both starting at 100. Now 95 vs 83.

Is growth speeding up or slowing down?

The typical company's sales and profit growth against the same quarter a year earlier.

Price against growth

Each dot is a company: further left is cheaper (lower P/E), higher up grew profit faster. Red dots passed the cheaper-than-peers screen. Companies beyond the chart's edges sit on the edge.

Cheaper than peers

Not a buy list. These shares trade at a P/E at least 30% below their industry's typical level and below their own usual level, and they also pass basic checks: profitable, sales and profit growing, low debt, no red flags, market value of ₹250 Cr or more. Cheap shares are often cheap for a reason; this is where to start reading, not where to stop.

Cheaper than peers
Details
Indraprastha Medical Corporation
INDRAMEDCO
14.6 vs 49.370% cheaper+11.2% / +9.8%₹ 2,764.99 Cr.
Asarfi Hospital
543943
18.4 vs 49.363% cheaper+32.8% / +33.4%₹ 334.32 Cr.
Shalby
SHALBY
31.1 vs 49.337% cheaper+11.8% / +25%₹ 1,210.47 Cr.

Cheaper than peers across the whole market

Leaders and laggards

Good news

  1. Jupiter Life Line HospitalsStrong results

Warning signs

  1. Park Medi WorldAction by a regulator

Companies

Click a column to sort.

Hospital companies
Signs (90 days)
Apollo Hospitals Enterprise
APOLLOHOSP
Hospital₹ 1,11,173.57 Cr.+20.6%+38.3%55.6−8.9%
Manipal Health Enterprises Ltd
MANIPALHOS
Hospital₹ 79,830.24 Cr.——88.2—
Max Healthcare Institute
MAXHEALTH
Hospital₹ 79,519.45 Cr.+16.7%+4.9%53−23.4%
Aster DM Healthcare
ASTERDM
Hospital₹ 56,817.23 Cr.+21.6%−69.1%161.7−17.8%
Fortis Healthcare
FORTIS
Hospital₹ 54,356.99 Cr.+17.4%+2.2%53.8−20.2%
Narayana Hrudayalaya
NH
Hospital₹ 34,001.23 Cr.+78.1%+5.1%39−16.9%
Global Health
MEDANTA
Hospital₹ 31,448.76 Cr.+26.5%−1.3%60.2−10.1%
Krishna Institute of Medical Sciences Ltd
KIMS
Hospital₹ 27,847.87 Cr.+35.3%−56.5%133.9−11.7%
Dr. Agarwal's Health Care
AGARWALEYE
Hospital₹ 15,099.04 Cr.+26.1%+44.7%102−2.5%
Rainbow Children's Medicare
RAINBOW
Hospital₹ 11,870.25 Cr.+33.1%+16.7%41.5−18.8%
Park Medi World
PARKHOSPS
Hospital₹ 9,275.52 Cr.+19.3%+34.8%33.5−19.1%
Action by a regulator
Jupiter Life Line Hospitals
JLHL
Hospital₹ 7,973.85 Cr.+15.7%−1.8%42.1−21.8%
Strong results
Kovai Medical Center & Hospital Ltd
KOVAI
Hospital₹ 6,313.03 Cr.+15.2%+21.1%108.4−0.9%
Artemis Medicare Services
ARTEMISMED
Hospital₹ 4,420.79 Cr.+12.8%+47.6%40.8+0.1%
Indraprastha Medical Corporation
INDRAMEDCO
Hospital₹ 2,764.99 Cr.+11.2%+9.8%14.6−13.4%
Dr Agarwal's Eye Hospital
DRAGARWQ
Hospital₹ 2,459.71 Cr.+22.2%+35.3%32.4+3%
KMC Speciality Hospitals (India)
KMCSHIL
Hospital₹ 2,350.06 Cr.+37.3%+112.5%42.2—
Gujarat Kidney and Super Speciality Ltd
GKSL
Hospital₹ 1,403.02 Cr.+124.7%−1.5%87.9+34.5%
Shalby
SHALBY
Hospital₹ 1,210.47 Cr.+11.8%+25%31.1−25.4%
Unihealth Hospitals
UNIHEALTH
Hospital₹ 785 Cr.+140.7%+183.3%30.7−23.1%
Rays of Belief Ltd
MOMSBELIEF
Hospital₹ 547.42 Cr.——111.3—
Asarfi Hospital
543943
Hospital₹ 334.32 Cr.+32.8%+33.4%18.4−19.6%
Lotus Eye Hospital and Institute
LOTUSEYE
Hospital₹ 233.57 Cr.+26.2%+13%305−8.3%
Hannah Joseph Hospital Ltd
544687
Hospital₹ 208.82 Cr.——18.7−14.3%
Nephro Care India
NEPHROCARE
Hospital₹ 136.84 Cr.——48.9+27.5%
Abate AS Industries
531658
Hospital₹ 105.12 Cr.−44.4%−0.4%9.2−25.4%
Maitreya Medicare
MAITREYA
Hospital₹ 98.25 Cr.−2.8%Loss108.5+3.9%
Sangani Hospitals
SANGANI
Hospital₹ 82.25 Cr.+975%+50%27.5+45.7%
Fortis Malar Hospitals
523696
Hospital₹ 75.88 Cr.−100%−96.4%22.9−19%
Shanmuga Hospital
544365
Hospital₹ 57.17 Cr.——13.6−5.6%
Aatmaj Healthcare
AATMAJ
Hospital₹ 53.11 Cr.+88.4%—73.1+28.6%
ABH Healthcare
ABH
Hospital₹ 47.43 Cr.——8.3—
KK Shah Hospitals
544013
Hospital₹ 30.64 Cr.+32.1%Loss33.1—
Soni Medicare
539378
Hospital₹ 29.58 Cr.−36.2%Loss106.1—
Global Longlife Hospital and Research Ltd
543520
Hospital₹ 13.27 Cr.−100%Loss125.3+2.2%
BROACH LIFECARE HOSPITAL LIMIT
544231
Hospital₹ 8.5 Cr.+99.4%Loss85.7−8.5%
Aashka Hospitals
543346
Hospital—+4.1%+32.6%83.7+31.9%
GPT Healthcare
GPTHEALTH
Hospital—+17.8%+62.5%23.3−19.3%
HealthCare Global Enterprises Ltd
HCG
Hospital—+13.4%+166.7%170.3−12.6%
Yatharth Hospital & Trauma Care Services Ltd
YATHARTH
Hospital—+52.3%+7.1%49.6+13.3%
Jupiter Life Line Hospitals
JLHL
Hospital—————

Figures are medians and shares of companies, so one giant company cannot outweigh the rest. Results compare each company's latest quarter with the same quarter a year earlier; ratings and announcements cover the last 90 days (announcements are read by AI and can be wrong). This page adds up published data; it is not a recommendation to buy or sell anything.