Sector Alpha Week of 2026-07-24
Sector Alpha — machine-written from the numbers · Data as of 2026-07-24

Jupiter Life Line Hospitals Ltd

JLHL
Hospitals

Jupiter Life Line Hospitals Ltd is strength at full price. The numbers are improving — and a P/E at the 84th percentile of its own range says the market knows.

The sharpest disagreement: the engine is strong, but at the 84th percentile of its own range you are paying full price for it.

The price is in a downtrend (28 weeks in) while the P/E sits at the 84th percentile of its own 3-year range. Underneath, the last four quarters read improving — profit +11.1% year on year, and 115% of the last 3 years' profit arrived as cash. What settles it: whether the earnings grow into the multiple.

Stage
Mixed
fundamental trajectory, 12 quarters
Price
₹1,553
+4.2% 1Y
P/E
55.9×
84th pctile
of its own 3-year range
Revenue (Mar 26)
₹388 Cr
+15.1% YoY
Profit (Mar 26)
₹50.0 Cr
+11.1% YoY
Operating margin
23.0%
−1.0 pp YoY
ROCE
15%
FY26
ROIC
13.3%
vs WACC 12.0% → +1.3 pp
Cash conversion
115%
of profit, last 3 FY
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Jupiter Life Line Hospitals Ltd trades at ₹1,553, in a downtrend and 28 weeks into that stage. That is +14.0% against its own 200-day average. It sits at 91% of a 52-week range of ₹1,212 to ₹1,588. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 8 straight weeks.

Today the stock is in a downtrend — week 28 of stage 4. At ₹1,553 it trades +14.0% versus its 200-day average and sits at 91% of its 52-week range (₹1,212–₹1,588).

Jul 26: ₹1,553 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 3-year window.
+14.0% versus the 200-day line, week 28 of stage 4
Price50-day avg200-day avg
S2S3S4₹1,710₹1,519₹1,328₹1,137₹947₹1,553₹1,362Sep 23Jun 24Mar 25Nov 25Jul 26
S2S3S4₹1,710₹1,519₹1,328₹1,137₹947₹1,553₹1,362Sep 23Mar 25Jul 26
Beating or trailing, week by week since 2023 Each cell is one week from 2023 to now (153 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Sep 23Jul 26

Against the market, two honest reads. Cumulative: over the last 2.8 years the stock moved +46% while the NIFTY 500 moved +35% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 8 straight weeks — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 84th percentile of its own range.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Jupiter Life Line Hospitals Ltd trades at 55.9× P/E, at the pricey end of its own range (84th percentile). Its long-run median P/E is 50.1×, measured across 2.8 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 55.9× is at the pricey end of its own range (84th percentile), against a long-run median of 50.1× measured over 2.8 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 55.9× vs a 50.1× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 2.8-year window; loss-period spikes above 87× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
at the pricey end of its own range (84th percentile)
P/EMedianEPS (TTM) (quarterly)
90.5×₹6.677.1×₹4.963.8×₹3.350.4×₹1.637.0×₹0.0×55.90×₹6Sep 23Jun 24Mar 25Nov 25Jul 26
90.5×₹6.677.1×₹4.963.8×₹3.350.4×₹1.637.0×₹0.0×55.90×₹6Sep 23Mar 25Jul 26
PEG 2.24 PEG ratio per quarter — the P/E divided by the earnings-growth rate. The dashed line marks 1.0: below it the growth is cheap against the multiple, above it the price already prices the growth in. Last 10 quarters.
above 1.0, the multiple already banks the growth
PEGPEG = 1.0
2.8×2.2×1.7×1.1×0.6××2.24×Q3 FY24Q1 FY25Q3 FY25Q1 FY26Q4 FY26
2.8×2.2×1.7×1.1×0.6××2.24×Q3 FY24Q3 FY25Q4 FY26
P/E
55.9×
84th percentile of 3y
PEG
1.66
as reported

Why the multiple sits where it does: over the past year annual EPS moved +0.5% against a +4.2% price move — the price outran earnings, pushing the multiple UP its own range.

Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.

→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.

03 · Stage: Mixed

Stage: Mixed Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Jupiter Life Line Hospitals Ltd reads as mixed on its fundamental arc. Mixed — no clean majority across the growth curves, ROCE slipping at 14.9% — the per-curve reads carry the story. The read is built from 12 quarters across 4 curves, on full evidence.

Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. A missing point means that reading is not held for the quarter.
the trajectory the stage is read from
RevenueProfitEPS
23%158%21%102%19%45%17%−11%15%−68%%%15.9%−0.5%0.2%Jun 23Sep 24Mar 26
23%158%21%102%19%45%17%−11%15%−68%%%15.9%−0.5%0.2%Jun 23Sep 24Mar 26
ROCE Trailing-twelve-month operating profit (before interest and tax) as a share of average capital employed — total assets minus current liabilities, the standard textbook basis, %.
the return curve, computed quarterly
ROCE
24%22%19%17%14%%14.9%Jun 23Sep 24Mar 26
24%22%19%17%14%%14.9%Jun 23Sep 24Mar 26
Revenue growth
Steady high
latest +15.9% · span +15.9% to +22.2%
Profit growth
Falling
latest −0.5% · span −3.1% to +142.5%
EPS growth
Flat
latest +0.2% · span −52.2% to +64.4%
ROCE
Falling
latest 14.9% · span 14.9%–23.3%

Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.

Growth, year by year: revenue +15.2% in FY26, profit +0.0% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn.
Revenue YoYProfit YoYEPS YoY
54%163%41%90%28%17%15%−55%1.3%−128%%%15.2%0%FY20FY23FY26
54%163%41%90%28%17%15%−55%1.3%−128%%%15.2%0%FY20FY23FY26
TTM growth by quarter Trailing-twelve-month growth versus the year-ago TTM, per quarter, %: revenue (left axis); profit and EPS (right axis). The acceleration read compares the last 4 quarters (+15.9%) with the last 8 annualized (+18.4%).
revenue stabilising, profit rolling over
Revenue TTM YoYProfit TTM YoYEPS TTM YoY
23%158%21%102%19%45%17%−11%15%−68%%%15.9%−0.5%Jun 23Sep 24Mar 26
23%158%21%102%19%45%17%−11%15%−68%%%15.9%−0.5%Jun 23Sep 24Mar 26
Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue+15.2%+18.9%+25.3%
Profit+0.0%+38.5%
EPS+0.5%+31.9%
Share price+4.2%
Revenue YoY (Mar 26)
+15.1%
latest quarter vs a year ago
Profit YoY (Mar 26)
+11.1%
latest quarter vs a year ago
Revenue 10y
21.6%
long-run compound pace

→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.

04 · 4-Factor Sector Score

4-Factor Sector Score

46.7/100 — rank 13 of 19 in Hospitals · 96% evidence confidence

Jupiter Life Line Hospitals Ltd scores 46.7 out of 100 against the 19 companies it is compared with in Hospitals, ranking 13. Price leads the evidence: RS versus the benchmark is 11.6%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

The four contributions add to the total exactly: 11.7 + 12.9 + 7 + 15.1 = 46.7. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

Jupiter Life Line Hospitals Ltd reported ₹388 Cr of revenue in the Mar 26 quarter, +15.1% year on year. That is the 12th straight quarter of year-on-year growth. Over 6 years it has compounded at 21.6% a year. The last full year, FY26, came in at ₹1,500 Cr. The last four reported quarters add to ₹1,500 Cr.

Jupiter Life Line Hospitals Ltd reported ₹388 Cr of revenue in the Mar 26 quarter, +15.1% year on year. That is the 12th straight quarter of year-on-year growth. Over 6 years it has compounded at 21.6% a year. The last full year, FY26, came in at ₹1,500 Cr. The last four reported quarters add to ₹1,500 Cr.

FY26 revenue came in at ₹1,500 Cr (+15.2% on the year), capping 6 years at 21.6% compound. The latest quarter (Mar 26) printed ₹388 Cr, +15.1% year on year — the 12th consecutive quarter of year-over-year growth.

FY26 revenue ₹1,500 Cr (+15.2% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 7-year window. A bar is red when it is lower than the year before.
21.6% a year over 6 years
RevenueYoY growth
1.6k54%1.2k41%81028%40515%01.3%₹ Cr%₹1,50015.2%FY20FY23FY26
1.6k54%1.2k41%81028%40515%01.3%₹ Cr%₹1,50015.2%FY20FY23FY26
Mar 26: ₹388 Cr (+15.1% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
12th straight quarter of growth
Revenue (quarterly)YoY growth
42629%31924%21319%10613%08.2%₹ Cr%₹38815.1%Jun 23Sep 24Mar 26
42629%31924%21319%10613%08.2%₹ Cr%₹38815.1%Jun 23Sep 24Mar 26

Pace check: the last four quarters averaged +16.1% growth against the decade's 21.6% — the current year is running slower than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew +15.9% over the last 4 quarters against +18.4%/yr over the last 8 — stabilising; TTM profit −0.5% vs +4.4%/yr — rolling over.

→ Revenue grew — did margins hold as it scaled? Next: 23.0% this quarter (−1.0 pp YoY).

06 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Jupiter Life Line Hospitals Ltd's operating margin is 23.0% in the Mar 26 quarter, −1.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 7 fiscal years the operating margin has ranged 14.0% to 23.0%. The current quarter sits inside that band.

Jupiter Life Line Hospitals Ltd's operating margin is 23.0% in the Mar 26 quarter, −1.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 7 fiscal years the operating margin has ranged 14.0% to 23.0%. The current quarter sits inside that band.

The latest quarter's operating margin is 23.0%, −1.0 pp against the same quarter a year ago. Across 7 fiscal years the operating margin has ranged 14.0%–23.0%, and FY26's 23.0% is the top of that band — a record year.

🚨 Why the margin moved: operating margin went −0.7 pp year on year while gross margin went +1.0 pp — the loss came mostly from the gross line: input costs and pricing.

Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.

FY26: 23.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 7-year window.
the widest a 14.0–23.0% band over 7 years
operating marginYoY change (pp)
24%7.9%21%4.7%19%1.5%16%−1.7%13%−4.9%%%23%0%FY20FY23FY26
24%7.9%21%4.7%19%1.5%16%−1.7%13%−4.9%%%23%0%FY20FY23FY26
Mar 26: 23.0% operating margin (−1.0 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
24.2%3.3%23.6%2.2%23.0%1.0%22.4%−0.2%21.8%−1.3%%%23%−1%Jun 23Sep 24Mar 26
24.2%3.3%23.6%2.2%23.0%1.0%22.4%−0.2%21.8%−1.3%%%23%−1%Jun 23Sep 24Mar 26

→ Margins slipped — did that reach the bottom line? Next: profit +11.1% in the latest quarter.

07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Jupiter Life Line Hospitals Ltd earned ₹50.0 Cr of net profit in the Mar 26 quarter, +11.1% year on year. Full-year FY26 profit was ₹194 Cr. The 6-year compound rate is 36.5%. That is 12.9% of the quarter's revenue. The same quarter a year earlier earned ₹45.0 Cr.

Jupiter Life Line Hospitals Ltd earned ₹50.0 Cr of net profit in the Mar 26 quarter, +11.1% year on year. Full-year FY26 profit was ₹194 Cr. The 6-year compound rate is 36.5%. That is 12.9% of the quarter's revenue. The same quarter a year earlier earned ₹45.0 Cr.

Mar 26 profit was ₹50.0 Cr, +11.1% year on year. On the full year, FY26 printed ₹194 Cr (+0.0%), and the 6-year compound rate is 36.5%.

FY26 profit ₹194 Cr (+0.0% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 7-year window. A bar is red when it is lower than the year before.
36.5% a year over 6 years
Net profitYoY growth
210162%15390%9618%39−54%−18−127%₹ Cr%₹1940%FY20FY23FY26
210162%15390%9618%39−54%−18−127%₹ Cr%₹1940%FY20FY23FY26
Mar 26: ₹50.0 Cr (+11.1% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Net profit (quarterly)YoY growth
62197%46139%3181%1523%0−35%₹ Cr%₹5011.1%Jun 23Sep 24Mar 26
62197%46139%3181%1523%0−35%₹ Cr%₹5011.1%Jun 23Sep 24Mar 26

Why profit moved: revenue contributed +15.1% and the margin −1.0 pp — the quarter was revenue-led, with the margin roughly flat.

Pace comparison, last four quarters: profit −0.2% vs revenue +16.1%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.

→ Profit rose — but did the cash follow? Next: 115% of the last 3 years' profit arrived as cash.

08 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 115% of Jupiter Life Line Hospitals Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹268 Cr of operating cash against ₹194 Cr of profit. After ₹438 Cr of capital spending, ₹−170 Cr was left as free cash.

FY26: operating cash of ₹268 Cr against reported profit of ₹194 Cr, leaving free cash of ₹−170 Cr after ₹438 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 115% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY26: CFO ₹268 Cr vs profit ₹194 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 7-year window, annual resolution.
115% of 3-year profit arrived as cash
Operating cashNet profitFree cash
30317649−78−205₹ Cr₹268₹194₹−170FY20FY23FY26
30317649−78−205₹ Cr₹268₹194₹−170FY20FY23FY26
FY26: CFO = 138% of profit (three-year rate 115%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash.
Conversion100%
285%226%167%108%49%%138%FY20FY23FY26
285%226%167%108%49%%138%FY20FY23FY26

Why conversion sits at 115%: the cash cycle stretched 98 days between FY21 and FY26 — more of each rupee of profit waits inside the cycle before arriving.

Router verdict: the bigger cash user is investment — capital spending ran 5.1× depreciation over three years, so the next section's job is to check what that build-out is buying.

→ So follow the cash to where it goes. Next: ₹951 Cr of building over 3 years.

09 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Jupiter Life Line Hospitals Ltd's cash conversion cycle runs −54 days in FY26, up from −152 days in FY21. Capital spending ran ₹951 Cr over the last 3 years. At FY26 sales of ₹1,500 Cr each day of that cycle holds about ₹4.1 Cr, so roughly ₹−222 Cr sits inside the business at any moment.

FY26: debtors at 18 days, inventory at 49 days — roughly 1.6 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of −54 days, looser than FY21's −152.

The full loop: cash goes out to suppliers and production on day 0; stock waits 49 days to sell; customers pay about 18 days after that; and suppliers themselves are paid at 121 days — netting out to the −54-day cycle.

In money terms: at FY26 sales of ₹1,500 Cr, each day of the cycle holds about ₹4.1 Cr — so the −54-day loop keeps roughly ₹−222 Cr sitting inside the business at any moment.

FY26: a −54-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 7-year window.
+98 days vs FY21
Cash cycleInventory daysDebtor daysPayable days
30317650−77−204days−54d49d18d121dFY20FY21FY23FY24FY26
30317650−77−204days−54d49d18d121dFY20FY23FY26

On the investment side: capital spending of ₹951 Cr over the last 3 fiscal years against ₹187 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹129 Cr (FY26) — capacity paid for but not yet earning.

FY26: capex ₹438 Cr, work-in-progress ₹129 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
a build-out
CapexWork-in-progress
4733552371180₹ Cr₹438₹129FY21FY22FY23FY24FY26
4733552371180₹ Cr₹438₹129FY21FY23FY26

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

→ Does all this activity actually earn its cost of capital? Next: ROCE is 15% and the ROIC − WACC spread is +1.3 pp.

10 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

Jupiter Life Line Hospitals Ltd earns a ROCE of 15% in FY26. That is up from a trough of 7% in FY21. Return on invested capital clears the cost of that capital by +1.3 percentage points, so growth here adds value rather than only size. The wiring behind it is 12.9% net margin on 0.63× asset turns.

FY26 ROCE is 15%, recovered from a FY21 trough of 7% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY26): 12.9% net margin × 0.63× asset turns × 1.53× balance-sheet leverage ≈ 12.4% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.

The capstone test — ROIC − WACC: 13.3% − 12.0% = a +1.3 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Positive but thin — value creation with little room for error.

FY26: ROCE 15% Return on capital employed by fiscal year, % (line); ROIC by fiscal year, % (line). 6-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the climb back from FY21's 7%
ROCEROIC (annual)WACC
25%20%15%10%5.7%%15%14%FY21FY23FY26
25%20%15%10%5.7%%15%14%FY21FY23FY26
Q4 FY26: ROCE 11.9% (TTM) vs WACC 12.0% Trailing-twelve-month ROCE and ROIC, per quarter, %; dashed line = the cost of capital. Last 12 quarters, put on a trailing-twelve-month basis and anchored to the annual figure.
ROCE (TTM)ROIC (TTM)WACC
24%21%18%14%11%%11.9%16.4%Q1 FY24Q2 FY25Q4 FY26
24%21%18%14%11%%11.9%16.4%Q1 FY24Q2 FY25Q4 FY26

→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.38.

11 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.

Jupiter Life Line Hospitals Ltd carries total debt of ₹584 Cr against shareholder equity of ₹1,544 Cr as of Mar 26, a debt-to-equity of 0.38. On the annual view that ratio went from 1.29 in FY23 to 0.38 in FY26. Read the returns elsewhere on this page with that leverage in mind.

Mar 26: total debt of ₹584 Cr against shareholder equity of ₹1,544 Cr — a debt-to-equity of 0.38. On the annual view, debt-to-equity went from 1.29 (FY23) to 0.38 (FY26). Read the returns on this page with that leverage in mind.

FY26: debt ₹584 Cr at 0.38× equity Total debt by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 3-year window.
Total debtDebt-to-equity
6311.4×4731.1×3150.8×1580.5×00.2×₹ Cr×₹5840.38×FY23FY25FY26
6311.4×4731.1×3150.8×1580.5×00.2×₹ Cr×₹5840.38×FY23FY25FY26
Mar 26: debt ₹584 Cr, debt-to-equity 0.38 Total debt per quarter, ₹ Cr (bars); debt-to-equity, × (line). Last 11 quarters. India reports the full balance sheet half-yearly, so the intervening quarter carries the prior reading forward.
Total debt (quarterly)Debt-to-equity
6311.9×4731.4×3150.9×1580.4×0−0.1×₹ Cr×₹5840.38×Jun 22Dec 23Mar 26
6311.9×4731.4×3150.9×1580.4×0−0.1×₹ Cr×₹5840.38×Jun 22Dec 23Mar 26

→ Who owns this, and are they adding or leaving? Next: Foreign institutions added 3.3 points over 8 quarters.

12 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Foreign institutions added 3.3 points of Jupiter Life Line Hospitals Ltd over 8 quarters, the biggest move on the register. That takes foreign institutions to 9.4% of the company. Domestic institutions moved +2.7 points over the same window, to 16.5%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Foreign institutions: +3.3 points over 8 quarters to 9.4%; Domestic institutions: +2.7 points over 8 quarters to 16.5%; Promoters: +0.0 points over 8 quarters to 40.9%.

Why the register moved: foreign institutions drove it (+3.3 points), alongside domestic institutions (+2.7 points) — steady accumulation by institutions reading the same numbers this page reads.

Fiscal-year ends: promoters +0.0 pts from Mar 24 to Mar 26 Shareholding at each fiscal-year end (March quarter), % of the company. 3 year-ends held.
PromotersForeign inst.Domestic inst.Public
44%33%23%12%1.2%%40.9%8.5%17.0%33.6%Mar 24Mar 25Mar 26
44%33%23%12%1.2%%40.9%8.5%17.0%33.6%Mar 24Mar 25Mar 26
Foreign institutions added 3.3 points over 8 quarters Shareholding by holder class, % of the company, quarterly, last 12 quarters.
PromotersForeign inst.Domestic inst.Public
45%34%23%12%0.9%%40.9%9.4%16.5%33.2%Sep 23Dec 24Jun 26
45%34%23%12%0.9%%40.9%9.4%16.5%33.2%Sep 23Dec 24Jun 26

→ One last check: does the safety math agree? Next: the balance-sheet safety line.

13 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Jupiter Life Line Hospitals Ltd: the Z-score reads 8.37. A Z-score above roughly 3 reads as safe and below roughly 1.8 as the distress zone, so this sits well clear of distress. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure.

Why it matters: a Z-score of 8.37 sits well clear of the distress zone — the balance sheet is not the risk here.

The safety line in one sentence: the Z-score reads 8.37.

Related companies · same sector · Hospitals Every company is compared on the shape of its own curves, not static ratios. The Revenue, EPS and ROCE columns each draw that company's last 12 quarters as a mini line of the ACTUAL level (trailing-twelve-month revenue and EPS, and the ROCE itself) — so a line that climbs is a business getting bigger, a line that sinks is one shrinking. The colour tracks the same line: green when it is rising or steadily healthy, amber when it is rolling over from a high (still elevated but turning down), red when it is falling, grey when flat or stuck. Colour and direction always agree — a green line never points down. The ROCE curve is the return on capital (annual readings for peers, so a slightly coarser line than the quarterly one at the top of this page). The Stage column then runs the same 12-quarter trajectory classifier used at the top of the page on each company and names where it sits. What lands a company in each bucket: CONSISTENT — growth stays positive across the window and returns are healthy (ROCE ≥ 15%, or ROE ≥ 12% for lenders); IMPROVING — profit or EPS fell into real decline, bottomed a few quarters back, and has climbed back to positive and held there; TURNING AROUND — the same kind of trough but more recent, with the latest quarters just lifting off it (an early, unconfirmed turn); TOPPING OUT — growth is still positive but decelerating hard from its own peak while returns have stopped rising; DETERIORATING — two or more growth curves are shrinking (latest below zero) and staying there, not one soft quarter; MIXED — the curves genuinely disagree, or no clean majority, so no single word fits; NO READ — fewer than eight usable quarters. It is a like-for-like read of every company against its own past, not a ranking against the group.
CompanyP/EMkt capRevenueEPSROCEStage
Jupiter Life Line Hospitals Ltd this page55.9×₹10,595 CrMixed
Apollo Hospitals Enterprise Ltd64.7×₹1.3L CrConsistent
Max Healthcare Institute Ltd70.9×₹1.1L CrTopping out
Fortis Healthcare Ltd67.8×₹71,623 CrMixed
Aster DM Healthcare Ltd168.0×₹68,483 CrNo read
Narayana Hrudayalaya Ltd47.1×₹40,085 CrTurning around
Global Health Ltd66.2×₹36,862 CrConsistent
Krishna Institute of Medical Sciences Ltd135.0×₹33,510 CrMixed
Rainbow Childrens Medicare Ltd59.8×₹14,806 CrMixed
Healthcare Global Enterprises Ltd346.0×₹9,952 CrMixed
Yatharth Hospital & Trauma Care Services Ltd46.1×₹8,082 CrMixed
Kovai Medical Center & Hospital Ltd26.2×₹6,394 CrConsistent
Artemis Medicare Services Ltd41.2×₹4,365 CrConsistent
Indraprastha Medical Corporation Ltd18.2×₹3,342 CrMixed
Dr Agarwals Eye Hospital Ltd34.6×₹2,427 CrMixed
KMC Speciality Hospitals (India) Ltd45.0×₹2,102 CrTurning around
Sakar Healthcare Ltd49.5×₹1,785 CrImproving
Shalby Ltd47.1×₹1,762 CrTurning around
KMC Speciality Hospitals (India) Ltd37.0×₹1,354 CrTurning around
GPT Healthcare Ltd30.4×₹1,310 CrTurning around
12 · Frequently asked questions

Frequently asked questions

What is Jupiter Life Line Hospitals Ltd's share price today?

Jupiter Life Line Hospitals Ltd trades at ₹1,553, +4.2% over the past year. The company is valued at ₹10,595 Cr. The stock sits at 91% of its 52-week range of ₹1,212–₹1,588, +14.0% versus its 200-day average. On the tape, the price is in a downtrend, 28 weeks in. — as of 24 July 2026.

What were Jupiter Life Line Hospitals Ltd's latest quarterly results?

Jupiter Life Line Hospitals Ltd reported revenue of ₹388 Cr and net profit of ₹50.0 Cr for the Mar 26 quarter. Revenue rose 15.1% and profit rose 11.1% year on year. Earnings per share were ₹1.53. The operating margin was 23.0%, 1.0 pp lower than a year earlier. — as of 24 July 2026.

What is Jupiter Life Line Hospitals Ltd's revenue?

Jupiter Life Line Hospitals Ltd reported revenue of ₹388 Cr in the Mar 26 quarter, +15.1% year on year. For the full FY26 fiscal year, revenue was ₹1,500 Cr (+15.2%). Over the last 6 years revenue compounded at 21.6% a year. — as of 24 July 2026.

What is Jupiter Life Line Hospitals Ltd's profit?

Jupiter Life Line Hospitals Ltd earned ₹50.0 Cr of net profit in the Mar 26 quarter, +11.1% year on year. Full-year FY26 profit was ₹194 Cr. The operating margin ran 23.0% in the latest quarter. — as of 24 July 2026.

What is Jupiter Life Line Hospitals Ltd's market cap?

Jupiter Life Line Hospitals Ltd's market capitalisation is ₹10,595 Cr at a share price of ₹1,553. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.

What is Jupiter Life Line Hospitals Ltd's P/E ratio?

Jupiter Life Line Hospitals Ltd trades at a P/E of 55.9×, at the 84th percentile of its own 3-year range, against a long-run median of 50.1×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.

Does Jupiter Life Line Hospitals Ltd pay a dividend?

Yes — Jupiter Life Line Hospitals Ltd's dividend payout was 3% of profit in FY26, and it recorded a payout in 3 of its last 7 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.

Is Jupiter Life Line Hospitals Ltd overvalued?

On its own history, Jupiter Life Line Hospitals Ltd looks expensive against its own history: its P/E of 55.9× sits at the 84th percentile of its 3-year range (long-run median 50.1×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: margins are the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 24 July 2026.

Is Jupiter Life Line Hospitals Ltd growing?

Yes — Jupiter Life Line Hospitals Ltd is growing: latest-quarter revenue +15.1% year on year, profit +11.1%, and the margin −1.0 pp at 23.0%. The 6-year compound rates are 21.6% (revenue) and 36.5% (profit). The earnings engine currently reads: improving — as of 24 July 2026.

How is Jupiter Life Line Hospitals Ltd performing?

Jupiter Life Line Hospitals Ltd is in a downtrend, 28 weeks in. Its latest quarter's revenue rose 15.1% and profit rose 11.1% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 8 weeks. This describes what the data did, not a rating. — as of 24 July 2026.

What stage is Jupiter Life Line Hospitals Ltd in?

Mixed — no clean majority across the growth curves, ROCE slipping at 14.9% — the per-curve reads carry the story. The read comes from the last 12 quarters of growth (revenue growth +15.9% latest, profit growth −0.5% latest, eps growth +0.2% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.

Is Jupiter Life Line Hospitals Ltd in an uptrend?

No — the price is in a downtrend (week 28 of stage 4), trading +14.0% versus its 200-day average and at 91% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.

Is Jupiter Life Line Hospitals Ltd beating the market?

On recent form, yes — Jupiter Life Line Hospitals Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 8 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 2.8 years the stock moved +46% against the NIFTY 500's +35% — ahead of the index over the full window. — as of 24 July 2026.

Will Jupiter Life Line Hospitals Ltd's share price go up?

This page publishes no price forecast for Jupiter Life Line Hospitals Ltd. What it measures instead: the share price is ₹1,553, the price is in a downtrend 28 weeks in. Its P/E of 55.9× sits at the 84th percentile of its own 3-year range. — as of 24 July 2026.

Who owns Jupiter Life Line Hospitals Ltd?

Promoters hold 40.9% of Jupiter Life Line Hospitals Ltd, foreign institutions 9.4%, domestic institutions 16.5% and the public 33.2% (latest quarter). The biggest move on the register over the last two years: Foreign institutions added 3.3 points over 8 quarters. — as of 24 July 2026.

Does Jupiter Life Line Hospitals Ltd have too much debt?

It is moderate — Jupiter Life Line Hospitals Ltd's debt-to-equity is 0.38, and operating profit covers the interest bill 10×. FY26 borrowings were ₹584 Cr against equity of ₹1,545 Cr. Read the returns on this page with that leverage in mind — as of 24 July 2026.

What is Jupiter Life Line Hospitals Ltd's capex?

Jupiter Life Line Hospitals Ltd spent ₹951 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹438 Cr, with ₹129 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.

What is Jupiter Life Line Hospitals Ltd's cash flow?

Jupiter Life Line Hospitals Ltd generated ₹268 Cr of operating cash flow in FY26 and ₹−170 Cr of free cash flow after ₹438 Cr of capital spending. Reported profit that year was ₹194 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 24 July 2026.

Is Jupiter Life Line Hospitals Ltd's profit real cash?

Yes — over the last 3 fiscal years, 115% of Jupiter Life Line Hospitals Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹268 Cr against reported profit of ₹194 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 24 July 2026.

How financially safe is Jupiter Life Line Hospitals Ltd?

On the balance sheet, the Z-score reads 8.37 — above roughly 3 is safe, below roughly 1.8 is the distress zone. That sits well clear of trouble. — as of 24 July 2026.

Where is Jupiter Life Line Hospitals Ltd in its business cycle?

Jupiter Life Line Hospitals Ltd's FY26 operating margin was 23.0%, against a 7-year band of 14.0%–23.0%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 23.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.

What could break the Jupiter Life Line Hospitals Ltd story?

The sharpest disagreement: the engine is strong, but at the 84th percentile of its own range you are paying full price for it. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.

Is Jupiter Life Line Hospitals Ltd a stock worth studying right now?

This is not investment advice. The machine read: Jupiter Life Line Hospitals Ltd is strength at full price. The numbers are improving — and a P/E at the 84th percentile of its own range says the market knows. The sharpest open question: whether the earnings grow into the multiple. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.

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