Sector Alpha Week of 2026-08-13
20-quarter listed-company comparison

Hospitals Stocks in India

Hospitals: Apollo Hospitals Enterprise Ltd owns the largest revenue base; Narayana Hrudayalaya Ltd has the fastest current growth.

01 · the index people search for

Nifty Hospitals Index — Constituents & Performance

The Hospitals companies below are the listed Indian Hospitals universe this page tracks — the same constituent set people search for as the Nifty Hospitals index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

02 · the sector itself · before any single company

How has Hospitals moved against NIFTY 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 48% ahead of NIFTY 500. Earnings across its companies grew 13% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 18 weeks running.

LEADER · ahead 18wPrice and the fundamentals both up10 of 19 companies ahead of NIFTY 500 by 5% or more over three months1 is 20% or more behind over a year while earnings grew 20% or more

RS ↑18w · 17/19 >200d (+1) · 10/19 lead (−6) · EPS 14/19↑

20050020262025202420232022 876337 TRAILING 12-MONTH EPS · 100 AT THE START0100204Jun 22Dec 22Jun 23Dec 23Jun 24Dec 24Jun 25Dec 25Jun 26Jun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 8 reporting · thin coverageSep 2022 · trailing 12-month earnings per share at 107, against 100 at the start · no comparable year yet · 9 reporting · thin coverageDec 2022 · trailing 12-month earnings per share at 113, against 100 at the start · no comparable year yet · 9 reporting · thin coverageMar 2023 · trailing 12-month earnings per share at 136, against 100 at the start · no comparable year yet · 9 reporting · thin coverageJun 2023 · trailing 12-month earnings per share at 139, against 100 at the start · up 38.5% on a year ago · 10 reporting · thin coverageSep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · up 34.4% on a year ago · 19 reportingDec 2023 · trailing 12-month earnings per share at 111, against 100 at the start · up 38.1% on a year ago · 19 reportingMar 2024 · trailing 12-month earnings per share at 129, against 100 at the start · up 25.6% on a year ago · 19 reportingJun 2024 · trailing 12-month earnings per share at 144, against 100 at the start · up 26.5% on a year ago · 19 reportingSep 2024 · trailing 12-month earnings per share at 154, against 100 at the start · up 19.3% on a year ago · 19 reportingDec 2024 · trailing 12-month earnings per share at 157, against 100 at the start · up 12.2% on a year ago · 19 reportingMar 2025 · trailing 12-month earnings per share at 161, against 100 at the start · up 12.1% on a year ago · 19 reportingJun 2025 · trailing 12-month earnings per share at 159, against 100 at the start · up 13.4% on a year ago · 19 reportingSep 2025 · trailing 12-month earnings per share at 171, against 100 at the start · up 13.3% on a year ago · 19 reportingDec 2025 · trailing 12-month earnings per share at 174, against 100 at the start · up 14.2% on a year ago · 19 reportingMar 2026 · trailing 12-month earnings per share at 189, against 100 at the start · up 16.0% on a year ago · 18 reportingJun 2026 · trailing 12-month earnings per share at 204, against 100 at the start · up 7.4% on a year ago · 14 reportingNot reported yet — earnings trail price by a quarter or two204No earnings on file this far back — the price series reaches further than the filings do
20050020262025202420232022 876337 TRAILING 12-MONTH EPS · 100 AT THE START0100204Jun 22Jun 23Jun 24Jun 25Jun 26Jun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 8 reporting · thin coverageSep 2022 · trailing 12-month earnings per share at 107, against 100 at the start · no comparable year yet · 9 reporting · thin coverageDec 2022 · trailing 12-month earnings per share at 113, against 100 at the start · no comparable year yet · 9 reporting · thin coverageMar 2023 · trailing 12-month earnings per share at 136, against 100 at the start · no comparable year yet · 9 reporting · thin coverageJun 2023 · trailing 12-month earnings per share at 139, against 100 at the start · up 38.5% on a year ago · 10 reporting · thin coverageSep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · up 34.4% on a year ago · 19 reportingDec 2023 · trailing 12-month earnings per share at 111, against 100 at the start · up 38.1% on a year ago · 19 reportingMar 2024 · trailing 12-month earnings per share at 129, against 100 at the start · up 25.6% on a year ago · 19 reportingJun 2024 · trailing 12-month earnings per share at 144, against 100 at the start · up 26.5% on a year ago · 19 reportingSep 2024 · trailing 12-month earnings per share at 154, against 100 at the start · up 19.3% on a year ago · 19 reportingDec 2024 · trailing 12-month earnings per share at 157, against 100 at the start · up 12.2% on a year ago · 19 reportingMar 2025 · trailing 12-month earnings per share at 161, against 100 at the start · up 12.1% on a year ago · 19 reportingJun 2025 · trailing 12-month earnings per share at 159, against 100 at the start · up 13.4% on a year ago · 19 reportingSep 2025 · trailing 12-month earnings per share at 171, against 100 at the start · up 13.3% on a year ago · 19 reportingDec 2025 · trailing 12-month earnings per share at 174, against 100 at the start · up 14.2% on a year ago · 19 reportingMar 2026 · trailing 12-month earnings per share at 189, against 100 at the start · up 16.0% on a year ago · 18 reportingJun 2026 · trailing 12-month earnings per share at 204, against 100 at the start · up 7.4% on a year ago · 14 reportingNot reported yet — earnings trail price by a quarter or twoNo earnings on file this far back — the price series reaches further than the filings do
Hospitals, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 19 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

03 · sector relative strength, before individual stocks

Is Hospitals outperforming NIFTY 500?

Hospitals has outperformed NIFTY 500 by 9% over the last 52 weeks. Over 13 weeks the gap is a lead of 3%. 15 of 19 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Sakar Healthcare Ltd is the strongest against the sector itself at +60%. Readings are as of 2026-08-09.

+3.0%Sector vs NIFTY 500 · 13 weeks
+9.0%Sector vs NIFTY 500 · 52 weeks
15/19Stocks leading NIFTY 500
9/19Stocks leading sector

Sector metric: 21.2 as of 2026-08-09 · NARROWING · rising.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Hospitals has outperformed NIFTY 500 by 9% over 52 weeks and 3% over 13 weeks. 15 of 19 covered companies beat NIFTY on Mansfield relative strength, while 9 of 19 beat the sector itself. Apollo Hospitals Enterprise Ltd leads with revenue of ₹25,229 crore, based on 19 of 19 comparable companies through Mar 2026.

Companies
19
complete canonical membership
Combined market value
₹5.6 L Cr
Apollo Hospitals Enterprise Ltd
Revenue growing
19/19
positive TTM year-on-year growth
Beating NIFTY 500
15/19
positive Mansfield relative strength
Comparing 5 of 19
04 · research priority, made explicit

Best Hospitals Stocks in India (Aug 2026), Ranked by Data

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
KMC Speciality Hospitals (India) Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 78.1% evidence confidence.
Indraprastha Medical Corporation Ltd looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.
Global Health Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.
How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

Top 10 Hospitals Stocks in India

CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1KMC Speciality Hospitals (India) Ltd524520 79.6/100Favorable setup78% evidence LEADER 30.8/35 Revenue 32.5% · PAT 100% · OPM change 6 pp 83% evidence 20.6/25 ROCE 26% · OPM 31% 76% evidence 11.4/20 P/E 41.7× · PEG — 50% evidence 16.8/20 RS sector 23.5% · RS bench 32.2% · 1Y 85.7%12 of 12 weeks ahead 100% evidence
Exact sum: 30.8 + 20.6 + 11.4 + 16.8 = 79.6 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
2Artemis Medicare Services LtdARTEMISMED 70.9/100Favorable setup100% evidence LEADER 26.0/35 Revenue 15% · PAT 29.9% · OPM change 4 pp 100% evidence 13.2/25 ROCE 14.6% · OPM 20% 100% evidence 14.3/20 P/E 43.2× · PEG 1.09 100% evidence 17.4/20 RS sector 13.6% · RS bench 22.1% · 1Y 29.1%11 of 12 weeks ahead 100% evidence
Exact sum: 26 + 13.2 + 14.3 + 17.4 = 70.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3Sakar Healthcare LtdSAKAR 69.9/100Favorable setup87% evidence LEADER 32.2/35 Revenue 43.9% · PAT 71.4% · OPM change 5 pp 95% evidence 11.0/25 ROCE 12.7% · OPM 29% 95% evidence 6.7/20 P/E 57× · PEG — 50% evidence 20.0/20 RS sector 60% · RS bench 70.6% · 1Y 169.7%12 of 12 weeks ahead 100% evidence
Exact sum: 32.2 + 11 + 6.7 + 20 = 69.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4Apollo Hospitals Enterprise LtdAPOLLOHOSP 62.0/100Mixed-positive evidence78% evidence LEADER 22.2/35 Revenue 15.8% · PAT 33% · OPM change 1 pp 83% evidence 14.9/25 ROCE 17.4% · OPM 15% 76% evidence 12.3/20 P/E 68.7× · PEG — 50% evidence 12.6/20 RS sector 4.2% · RS bench 12% · 1Y 21.7%8 of 12 weeks ahead 100% evidence
Exact sum: 22.2 + 14.9 + 12.3 + 12.6 = 62 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5Rainbow Childrens Medicare LtdRAINBOW 59.2/100Mixed-positive evidence100% evidence LEADER 17.7/35 Revenue 18.3% · PAT 12.4% · OPM change 0 pp 100% evidence 17.6/25 ROCE 17.4% · OPM 29% 100% evidence 7.1/20 P/E 55.2× · PEG 2.97 100% evidence 16.8/20 RS sector 5.7% · RS bench 13.5% · 1Y 2%12 of 12 weeks ahead 100% evidence
Exact sum: 17.7 + 17.6 + 7.1 + 16.8 = 59.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6Dr Agarwals Eye Hospital LtdDRAGARWQ 59.1/100Mixed-positive evidence94% evidence ASLEEP 20.5/35 Revenue 18.6% · PAT 27.8% · OPM change -2 pp 100% evidence 17.9/25 ROCE 17.4% · OPM 30% 100% evidence 12.0/20 P/E 33.5× · PEG 1.41 100% evidence 8.7/20 RS sector -4% · RS bench 2.7% · 1Y 18.6%3 of 7 weeks ahead 70% evidence
Exact sum: 20.5 + 17.9 + 12 + 8.7 = 59.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
7Max Healthcare Institute LtdMAXHEALTH 57.7/100Mixed-positive evidence90% evidence TURNING 25.4/35 Revenue 19.1% · PAT 34% · OPM change 1 pp 88% evidence 15.9/25 ROCE 14.7% · OPM 28% 100% evidence 10.8/20 P/E 70.2× · PEG 1.73 100% evidence 5.6/20 RS sector -7.9% · RS bench -3.1% · 1Y -14.1%2 of 10 weeks ahead 70% evidence
Exact sum: 25.4 + 15.9 + 10.8 + 5.6 = 57.7 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -7.9% and the one-year return is -14.1%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
8Global Health LtdMEDANTA 54.7/100Mixed-positive evidence100% evidence BREAKING OUT 11.8/35 Revenue 21.3% · PAT 3.4% · OPM change -2 pp 100% evidence 14.3/25 ROCE 17.1% · OPM 22% 100% evidence 11.3/20 P/E 68.4× · PEG 1.11 100% evidence 17.3/20 RS sector 7.8% · RS bench 15.8% · 1Y 8.8%11 of 12 weeks ahead 100% evidence
Exact sum: 11.8 + 14.3 + 11.3 + 17.3 = 54.7 · Decision use: Price leads the evidence: RS versus the benchmark is 15.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
9Indraprastha Medical Corporation LtdINDRAMEDCO 52.7/100Mixed-positive evidence94% evidence ASLEEP 12.3/35 Revenue 9.3% · PAT 13.7% · OPM change 0 pp 100% evidence 18.4/25 ROCE 35.8% · OPM 20% 100% evidence 17.5/20 P/E 18.6× · PEG 0.92 100% evidence 4.5/20 RS sector -8.4% · RS bench -14.6% · 1Y -16.1%0 of 10 weeks ahead 70% evidence
Exact sum: 12.3 + 18.4 + 17.5 + 4.5 = 52.7 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
10Kovai Medical Center & Hospital LtdKOVAI 52.1/100Mixed-positive evidence100% evidence ASLEEP 20.2/35 Revenue 15.8% · PAT 16.2% · OPM change 1 pp 100% evidence 18.5/25 ROCE 22.6% · OPM 29% 100% evidence 9.4/20 P/E 24.9× · PEG 1.7 100% evidence 4.0/20 RS sector -8.7% · RS bench -1.8% · 1Y -6.6%4 of 12 weeks ahead 100% evidence
Exact sum: 20.2 + 18.5 + 9.4 + 4 = 52.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
11GPT Healthcare LtdGPTHEALTH 51.2/100Mixed-positive evidence74% evidence TURNING 14.2/35 Revenue 18% · PAT 0% · OPM change 3 pp 95% evidence 18.9/25 ROCE 19.9% · OPM 19% 95% evidence 11.2/20 P/E 27.7× · PEG — 15% evidence 6.9/20 RS sector -15.8% · RS bench 9.1% · 1Y -11.1%10 of 10 weeks ahead 70% evidence
Exact sum: 14.2 + 18.9 + 11.2 + 6.9 = 51.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
12Yatharth Hospital & Trauma Care Services LtdYATHARTH 51.1/100Mixed-positive evidence78% evidence FADING 19.4/35 Revenue 36.1% · PAT 31.5% · OPM change -2 pp 83% evidence 11.7/25 ROCE 12.4% · OPM 23% 76% evidence 8.4/20 P/E 47.8× · PEG — 50% evidence 11.6/20 RS sector 5.7% · RS bench 13.4% · 1Y 36.8%10 of 12 weeks ahead 100% evidence
Exact sum: 19.4 + 11.7 + 8.4 + 11.6 = 51.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
13Fortis Healthcare LtdFORTIS 47.9/100Mixed-negative evidence82% evidence FADING 21.3/35 Revenue 17.3% · PAT 31.5% · OPM change -2 pp 95% evidence 12.6/25 ROCE 13.4% · OPM 21% 76% evidence 9.4/20 P/E 67.6× · PEG — 50% evidence 4.6/20 RS sector -6.8% · RS bench 0.2% · 1Y 11.2%7 of 12 weeks ahead 100% evidence
Exact sum: 21.3 + 12.6 + 9.4 + 4.6 = 47.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
14Aster DM Quality Care LtdASTERDM 42.2/100Mixed-negative evidence100% evidence LEADER 15.2/35 Revenue 15.7% · PAT 3.7% · OPM change 1 pp 100% evidence 8.8/25 ROCE 11.4% · OPM 20% 100% evidence 1.3/20 P/E 210× · PEG 3.07 100% evidence 16.9/20 RS sector 15.9% · RS bench 24.3% · 1Y 46.1%11 of 12 weeks ahead 100% evidence
Exact sum: 15.2 + 8.8 + 1.3 + 16.9 = 42.2 · Decision use: Price leads the evidence: RS versus the benchmark is 24.3%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
15Krishna Institute of Medical Sciences LtdKIMS 38.0/100Mixed-negative evidence82% evidence LEADER 9.7/35 Revenue 30.9% · PAT -52% · OPM change -3 pp 95% evidence 9.0/25 ROCE 9.5% · OPM 19% 76% evidence 5.5/20 P/E 163× · PEG — 50% evidence 13.8/20 RS sector 3.9% · RS bench 11.5% · 1Y 7.2%10 of 12 weeks ahead 100% evidence
Exact sum: 9.7 + 9 + 5.5 + 13.8 = 38 · Decision use: Price leads the evidence: RS versus the benchmark is 11.5%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
16Narayana Hrudayalaya LtdNH 37.8/100Mixed-negative evidence87% evidence ASLEEP 12.0/35 Revenue 59.6% · PAT 3.8% · OPM change -5 pp 100% evidence 11.8/25 ROCE 15.5% · OPM 17% 100% evidence 6.4/20 P/E 44.7× · PEG 3 65% evidence 7.6/20 RS sector -4.3% · RS bench 0.3% · 1Y -3.1%5 of 10 weeks ahead 70% evidence
Exact sum: 12 + 11.8 + 6.4 + 7.6 = 37.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
17Healthcare Global Enterprises LtdHCG 32.7/100Adverse evidence69% evidence TURNING 10.2/35 Revenue 13.7% · PAT -21.4% · OPM change 0 pp 95% evidence 6.5/25 ROCE 8.3% · OPM 18% 76% evidence 8.7/20 P/E 209× · PEG — 15% evidence 7.3/20 RS sector -8.1% · RS bench 2.9% · 1Y 11.1%8 of 10 weeks ahead 70% evidence
Exact sum: 10.2 + 6.5 + 8.7 + 7.3 = 32.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
18Shalby LtdSHALBY 30.6/100Adverse evidence69% evidence ASLEEP 15.4/35 Revenue 4.8% · PAT 100% · OPM change 2 pp 62% evidence 2.8/25 ROCE 6.5% · OPM 10% 95% evidence 9.1/20 P/E 46.2× · PEG — 50% evidence 3.3/20 RS sector -28.4% · RS bench -16% · 1Y -22.2%6 of 10 weeks ahead 70% evidence
Exact sum: 15.4 + 2.8 + 9.1 + 3.3 = 30.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
19Jupiter Life Line Hospitals LtdJLHL 27.5/100Adverse evidence100% evidence ASLEEP 7.1/35 Revenue 14.7% · PAT -3.1% · OPM change -3 pp 100% evidence 10.4/25 ROCE 14.8% · OPM 19% 100% evidence 6.3/20 P/E 54.9× · PEG 3.44 100% evidence 3.7/20 RS sector -75.3% · RS bench 12.4% · 1Y -77.7%2 of 12 weeks ahead 100% evidence
Exact sum: 7.1 + 10.4 + 6.3 + 3.7 = 27.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
Showing 10 of 19 companies
05 · what price has already done

Market action

Sakar Healthcare Ltd has the strongest one-year price move in Hospitals at +169.7%. It also leads on Mansfield relative strength against NIFTY at +70.6%. 15 of 19 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-08-07.

Price and relative strength

Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

06 · compare level, then change

Revenue Scale & Growth Durability

Apollo Hospitals Enterprise Ltd has the highest Revenue among the 19 Hospitals companies compared here, at ₹25,229 crore. Fortis Healthcare Ltd is next at ₹9,128 crore. Narayana Hrudayalaya Ltd has the highest Revenue growth at 59.6%, so level and change sit with different companies. 19 of 19 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Apollo Hospitals Enterprise Ltd is the scale leader at ₹25,229 crore, 176.4% ahead of Fortis Healthcare Ltd. Narayana Hrudayalaya Ltd's growth is 59.6% from a ₹9,073 crore base, with 20 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderApollo Hospitals Enterprise Ltd · ₹25,229 crore
Gap176.4% versus #2 · Fortis Healthcare Ltd
Persistence8/8 recent comparable periods
Coverage19/19 companies · 327 observations

Investor read: Apollo Hospitals Enterprise Ltd is the scale benchmark; Narayana Hrudayalaya Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Apollo Hospitals Enterprise Ltd's growth falls below Narayana Hrudayalaya Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Apollo Hospitals Enterprise Ltd APOLLOHOSP₹25.2K Cr
2Fortis Healthcare Ltd FORTIS₹9.1K Cr
4Max Healthcare Institute Ltd MAXHEALTH₹8.4K Cr
5Aster DM Quality Care Ltd ASTERDM₹4.9K Cr
Revenue · company comparison
19/19 level · 19/19 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Apollo Hospitals Enterprise Ltd APOLLOHOSP₹6.6K Cr18%Mar 2026
Narayana Hrudayalaya Ltd NH₹2.7K Cr78%Jun 2026
Fortis Healthcare Ltd FORTIS₹2.5K Cr17%Jun 2026
Max Healthcare Institute Ltd MAXHEALTH₹2.1K Cr12%Mar 2026
Aster DM Quality Care Ltd ASTERDM₹1.3K Cr22%Jun 2026
Global Health Ltd MEDANTA₹1.3K Cr26%Jun 2026
Krishna Institute of Medical Sciences Ltd KIMS₹1.2K Cr35%Jun 2026
Healthcare Global Enterprises Ltd HCG₹695 Cr13%Jun 2026
Rainbow Childrens Medicare Ltd RAINBOW₹470 Cr33%Jun 2026
Kovai Medical Center & Hospital Ltd KOVAI₹431 Cr15%Jun 2026
Jupiter Life Line Hospitals Ltd JLHL₹411 Cr16%Jun 2026
Indraprastha Medical Corporation Ltd INDRAMEDCO₹406 Cr11%Jun 2026
Yatharth Hospital & Trauma Care Services Ltd YATHARTH₹342 Cr47%Mar 2026
Artemis Medicare Services Ltd ARTEMISMED₹287 Cr13%Jun 2026
Shalby Ltd SHALBY⚠ unverified₹287 Cr8.3%Mar 2026
Dr Agarwals Eye Hospital Ltd DRAGARWQ₹143 Cr22%Jun 2026
GPT Healthcare Ltd GPTHEALTH⚠ unverified₹126 Cr18%Jun 2026
KMC Speciality Hospitals (India) Ltd 524520₹82 Cr34%Mar 2026
Sakar Healthcare Ltd SAKAR⚠ unverified₹73 Cr38%Jun 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Apollo Hospitals Enterprise Ltd · APOLLOHOSP

₹4.3K Cr
₹4.3K Cr
₹4.4K Cr
₹4.8K Cr
₹4.9K Cr
₹4.9K Cr
₹5.1K Cr
₹5.6K Cr
₹5.5K Cr
₹5.6K Cr
₹5.8K Cr
₹6.3K Cr
₹6.5K Cr
₹6.6K Cr

Aster DM Quality Care Ltd · ASTERDM

₹2.5K Cr
₹2.7K Cr
₹2.7K Cr
₹2.7K Cr
₹2.8K Cr
₹3.2K Cr
₹807 Cr
₹841 Cr
₹929 Cr
₹955 Cr
₹974 Cr
₹1.0K Cr
₹1.1K Cr
₹1.1K Cr
₹1.0K Cr
₹1.1K Cr
₹1.2K Cr
₹1.2K Cr
₹1.2K Cr
₹1.3K Cr

Fortis Healthcare Ltd · FORTIS

₹1.6K Cr
₹1.6K Cr
₹1.7K Cr
₹1.8K Cr
₹1.7K Cr
₹1.8K Cr
₹1.9K Cr
₹2.0K Cr
₹1.9K Cr
₹2.0K Cr
₹2.2K Cr
₹2.3K Cr
₹2.3K Cr
₹2.4K Cr
₹2.5K Cr

Global Health Ltd · MEDANTA

₹583 Cr
₹526 Cr
₹619 Cr
₹679 Cr
₹694 Cr
₹707 Cr
₹780 Cr
₹844 Cr
₹836 Cr
₹809 Cr
₹861 Cr
₹957 Cr
₹943 Cr
₹931 Cr
₹1.0K Cr
₹1.1K Cr
₹1.1K Cr
₹1.2K Cr
₹1.3K Cr

Healthcare Global Enterprises Ltd · HCG

₹425 Cr
₹442 Cr
₹461 Cr
₹487 Cr
₹470 Cr
₹495 Cr
₹526 Cr
₹554 Cr
₹559 Cr
₹585 Cr
₹613 Cr
₹647 Cr
₹633 Cr
₹652 Cr
₹695 Cr

Jupiter Life Line Hospitals Ltd · JLHL

₹203 Cr
₹224 Cr
₹228 Cr
₹242 Cr
₹243 Cr
₹263 Cr
₹273 Cr
₹291 Cr
₹289 Cr
₹335 Cr
₹333 Cr
₹337 Cr
₹353 Cr
₹394 Cr
₹365 Cr
₹388 Cr
₹411 Cr

Kovai Medical Center & Hospital Ltd · KOVAI

₹218 Cr
₹229 Cr
₹220 Cr
₹236 Cr
₹252 Cr
₹264 Cr
₹267 Cr
₹275 Cr
₹303 Cr
₹321 Cr
₹321 Cr
₹315 Cr
₹344 Cr
₹355 Cr
₹357 Cr
₹374 Cr
₹392 Cr
₹407 Cr
₹414 Cr
₹431 Cr

Krishna Institute of Medical Sciences Ltd · KIMS

₹562 Cr
₹576 Cr
₹606 Cr
₹652 Cr
₹606 Cr
₹634 Cr
₹688 Cr
₹777 Cr
₹772 Cr
₹797 Cr
₹872 Cr
₹961 Cr
₹998 Cr
₹1.1K Cr
₹1.2K Cr

Max Healthcare Institute Ltd · MAXHEALTH

₹1.0K Cr
₹974 Cr
₹944 Cr
₹1.1K Cr
₹1.1K Cr
₹1.1K Cr
₹1.2K Cr
₹1.3K Cr
₹1.4K Cr
₹1.3K Cr
₹1.4K Cr
₹1.5K Cr
₹1.7K Cr
₹1.9K Cr
₹1.9K Cr
₹2.0K Cr
₹2.1K Cr
₹2.1K Cr
₹2.1K Cr

Narayana Hrudayalaya Ltd · NH

₹940 Cr
₹960 Cr
₹942 Cr
₹1.0K Cr
₹1.1K Cr
₹1.1K Cr
₹1.2K Cr
₹1.2K Cr
₹1.3K Cr
₹1.2K Cr
₹1.2K Cr
₹1.3K Cr
₹1.4K Cr
₹1.3K Cr
₹1.5K Cr
₹1.5K Cr
₹1.6K Cr
₹2.2K Cr
₹2.6K Cr
₹2.7K Cr

Rainbow Childrens Medicare Ltd · RAINBOW

₹266 Cr
₹249 Cr
₹212 Cr
₹237 Cr
₹313 Cr
₹306 Cr
₹317 Cr
₹287 Cr
₹333 Cr
₹336 Cr
₹341 Cr
₹330 Cr
₹417 Cr
₹398 Cr
₹370 Cr
₹353 Cr
₹445 Cr
₹445 Cr
₹460 Cr
₹470 Cr

Yatharth Hospital & Trauma Care Services Ltd · YATHARTH

₹138 Cr
₹144 Cr
₹155 Cr
₹171 Cr
₹167 Cr
₹178 Cr
₹212 Cr
₹218 Cr
₹219 Cr
₹232 Cr
₹258 Cr
₹279 Cr
₹320 Cr
₹342 Cr

Revenue growth · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Apollo Hospitals Enterprise Ltd · APOLLOHOSP

14%
15%
15%
15%
14%
13%
15%
13%
17%
18%

Aster DM Quality Care Ltd · ASTERDM

12%
12%
20%
-70%
-68%
-67%
-70%
21%
19%
17%
10.0%
2.7%
7.6%
10%
13%
18%
22%

Fortis Healthcare Ltd · FORTIS

7.7%
8.7%
12%
12%
15%
12%
17%
17%
17%
18%
17%

Global Health Ltd · MEDANTA

27%
19%
34%
26%
24%
20%
14%
10%
13%
13%
15%
20%
15%
19%
24%
26%

Healthcare Global Enterprises Ltd · HCG

11%
12%
14%
14%
19%
18%
17%
17%
13%
11%
13%

Jupiter Life Line Hospitals Ltd · JLHL

20%
17%
20%
20%
19%
27%
22%
16%
22%
18%
9.6%
15%
16%

Kovai Medical Center & Hospital Ltd · KOVAI

-1.3%
16%
15%
21%
17%
20%
22%
20%
15%
14%
11%
11%
19%
14%
15%
16%
15%

Krishna Institute of Medical Sciences Ltd · KIMS

7.8%
10%
14%
19%
27%
26%
27%
24%
29%
35%
35%

Max Healthcare Institute Ltd · MAXHEALTH

6.6%
12%
17%
29%
21%
20%
17%
17%
20%
25%
40%
34%
31%
25%
11%
12%

Narayana Hrudayalaya Ltd · NH

20%
21%
18%
30%
19%
14%
6.7%
2.0%
5.9%
4.8%
11%
18%
15%
20%
61%
76%
78%

Rainbow Childrens Medicare Ltd · RAINBOW

-3.7%
18%
23%
50%
21%
6.4%
9.8%
7.6%
15%
25%
18%
8.5%
7.0%
6.7%
12%
24%
33%

Yatharth Hospital & Trauma Care Services Ltd · YATHARTH

21%
24%
37%
27%
31%
30%
22%
28%
46%
47%
07 · compare level, then change

Operating Economics & Margin Trend

KMC Speciality Hospitals (India) Ltd has the highest OPM among the 19 Hospitals companies compared here, at 31%. Dr Agarwals Eye Hospital Ltd is next at 30%. The same company also holds the highest Margin change, at +6 percentage points. 19 of 19 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: KMC Speciality Hospitals (India) Ltd leads both opm at 31% and margin change at +6 percentage points.

LeaderKMC Speciality Hospitals (India) Ltd · 31%
Gap3.3% versus #2 · Dr Agarwals Eye Hospital Ltd
Persistence4/8 recent comparable periods
Coverage19/19 companies · 366 observations

Investor read: KMC Speciality Hospitals (India) Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
Margin changefastest expanders
2Sakar Healthcare Ltd SAKAR⚠ unverified+5.0 pp
4GPT Healthcare Ltd GPTHEALTH⚠ unverified+3.0 pp
5Shalby Ltd SHALBY⚠ unverified+2.0 pp
Operating margin · company comparison
19/19 level · 19/19 change
All-company data · latest reported quarter
CompanyOPMMargin changeReported
KMC Speciality Hospitals (India) Ltd 52452031%+6.0 ppMar 2026
Dr Agarwals Eye Hospital Ltd DRAGARWQ30%−2.0 ppJun 2026
Rainbow Childrens Medicare Ltd RAINBOW29%0.0 ppJun 2026
Kovai Medical Center & Hospital Ltd KOVAI29%+1.0 ppJun 2026
Sakar Healthcare Ltd SAKAR⚠ unverified29%+5.0 ppJun 2026
Max Healthcare Institute Ltd MAXHEALTH28%+1.0 ppMar 2026
Yatharth Hospital & Trauma Care Services Ltd YATHARTH23%−2.0 ppMar 2026
Global Health Ltd MEDANTA22%−2.0 ppJun 2026
Fortis Healthcare Ltd FORTIS21%−2.0 ppJun 2026
Aster DM Quality Care Ltd ASTERDM20%+1.0 ppJun 2026
Artemis Medicare Services Ltd ARTEMISMED20%+4.0 ppJun 2026
Indraprastha Medical Corporation Ltd INDRAMEDCO20%0.0 ppJun 2026
Krishna Institute of Medical Sciences Ltd KIMS19%−3.0 ppJun 2026
Jupiter Life Line Hospitals Ltd JLHL19%−3.0 ppJun 2026
GPT Healthcare Ltd GPTHEALTH⚠ unverified19%+3.0 ppJun 2026
Healthcare Global Enterprises Ltd HCG18%0.0 ppJun 2026
Narayana Hrudayalaya Ltd NH17%−5.0 ppJun 2026
Apollo Hospitals Enterprise Ltd APOLLOHOSP15%+1.0 ppMar 2026
Shalby Ltd SHALBY⚠ unverified10%+2.0 ppMar 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Apollo Hospitals Enterprise Ltd · APOLLOHOSP

17%
16%
13%
13%
13%
11%
11%
12%
13%
13%
13%
13%
15%
14%
14%
15%
15%
15%
15%

Aster DM Quality Care Ltd · ASTERDM

14%
15%
17%
11%
11%
14%
15%
14%
15%
16%
16%
16%
20%
18%
18%
19%
20%
17%
19%
20%

Fortis Healthcare Ltd · FORTIS

19%
20%
16%
17%
19%
18%
16%
16%
19%
17%
21%
18%
22%
19%
22%
23%
24%
22%
23%
21%

Global Health Ltd · MEDANTA

23%
15%
21%
23%
23%
24%
24%
25%
26%
22%
22%
24%
25%
24%
24%
21%
19%
21%
22%

Healthcare Global Enterprises Ltd · HCG

17%
17%
17%
18%
18%
18%
17%
16%
17%
17%
19%
17%
18%
16%
18%
18%
19%
17%
19%
18%

Jupiter Life Line Hospitals Ltd · JLHL

25%
25%
20%
21%
22%
23%
23%
22%
23%
23%
23%
24%
22%
23%
23%
23%
19%

Kovai Medical Center & Hospital Ltd · KOVAI

29%
28%
25%
26%
27%
27%
25%
25%
28%
30%
29%
27%
28%
29%
28%
28%
27%
28%
27%
29%

Krishna Institute of Medical Sciences Ltd · KIMS

31%
33%
31%
28%
27%
27%
28%
26%
27%
24%
25%
26%
28%
24%
25%
22%
21%
20%
19%
19%

Max Healthcare Institute Ltd · MAXHEALTH

23%
25%
22%
25%
28%
28%
28%
26%
28%
29%
27%
25%
26%
27%
27%
26%
27%
26%
28%

Narayana Hrudayalaya Ltd · NH

18%
18%
18%
19%
21%
23%
23%
22%
24%
23%
23%
23%
23%
23%
24%
22%
24%
17%
20%
17%

Rainbow Childrens Medicare Ltd · RAINBOW

34%
36%
23%
35%
35%
35%
31%
31%
35%
35%
31%
28%
35%
34%
31%
29%
33%
33%
31%
29%

Yatharth Hospital & Trauma Care Services Ltd · YATHARTH

30%
23%
26%
26%
27%
27%
27%
28%
26%
25%
25%
25%
25%
25%
23%
23%
23%

Margin change · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Apollo Hospitals Enterprise Ltd · APOLLOHOSP

+6.0 pp
+2.0 pp
−1.3 pp
−1.1 pp
−3.6 pp
−5.1 pp
−2.1 pp
−0.6 pp
+0.0 pp
+2.0 pp
+2.0 pp
+1.0 pp
+2.0 pp
+1.0 pp
+1.0 pp
+2.0 pp
0.0 pp
+1.0 pp
+1.0 pp

Aster DM Quality Care Ltd · ASTERDM

+1.6 pp
+0.3 pp
+3.5 pp
−0.9 pp
−2.4 pp
−1.0 pp
−1.9 pp
+3.0 pp
+3.7 pp
+2.0 pp
+1.0 pp
+2.0 pp
+5.0 pp
+2.0 pp
+2.0 pp
+3.0 pp
0.0 pp
−1.0 pp
+1.0 pp
+1.0 pp

Fortis Healthcare Ltd · FORTIS

+7.4 pp
+3.4 pp
+0.3 pp
−2.6 pp
−0.6 pp
−1.6 pp
−0.1 pp
−0.9 pp
+0.2 pp
−1.0 pp
+5.0 pp
+2.0 pp
+3.0 pp
+2.0 pp
+1.0 pp
+5.0 pp
+2.0 pp
+3.0 pp
+1.0 pp
−2.0 pp

Global Health Ltd · MEDANTA

+0.9 pp
−0.3 pp
+8.6 pp
+2.5 pp
+1.9 pp
+3.0 pp
−2.0 pp
−2.0 pp
−1.0 pp
−1.0 pp
+2.0 pp
+2.0 pp
−3.0 pp
−6.0 pp
−3.0 pp
−2.0 pp

Healthcare Global Enterprises Ltd · HCG

+4.9 pp
+3.5 pp
+4.1 pp
+1.8 pp
+0.8 pp
+0.5 pp
−0.0 pp
−1.7 pp
−0.8 pp
−0.8 pp
+1.7 pp
+1.0 pp
+1.0 pp
−1.0 pp
−1.0 pp
+1.0 pp
+1.0 pp
+1.0 pp
+1.0 pp
0.0 pp

Jupiter Life Line Hospitals Ltd · JLHL

−2.6 pp
−2.0 pp
+3.0 pp
+1.0 pp
+1.0 pp
0.0 pp
0.0 pp
+2.0 pp
−1.0 pp
0.0 pp
0.0 pp
−1.0 pp
−3.0 pp

Kovai Medical Center & Hospital Ltd · KOVAI

−3.8 pp
−1.2 pp
−4.4 pp
−5.3 pp
−2.2 pp
−0.9 pp
+0.3 pp
−1.2 pp
+0.9 pp
+3.0 pp
+4.0 pp
+2.0 pp
0.0 pp
−1.0 pp
−1.0 pp
+1.0 pp
−1.0 pp
−1.0 pp
−1.0 pp
+1.0 pp

Krishna Institute of Medical Sciences Ltd · KIMS

−3.2 pp
+7.2 pp
+2.4 pp
−2.7 pp
−4.3 pp
−6.0 pp
−2.5 pp
−1.7 pp
−0.0 pp
−3.0 pp
−3.0 pp
0.0 pp
+1.0 pp
0.0 pp
0.0 pp
−4.0 pp
−7.0 pp
−4.0 pp
−6.0 pp
−3.0 pp

Max Healthcare Institute Ltd · MAXHEALTH

+10.1 pp
+5.2 pp
+1.3 pp
+0.4 pp
+4.6 pp
+2.7 pp
+5.7 pp
+1.2 pp
−0.1 pp
+1.0 pp
−1.0 pp
−1.0 pp
−2.0 pp
−2.0 pp
0.0 pp
+1.0 pp
+1.0 pp
−1.0 pp
+1.0 pp

Narayana Hrudayalaya Ltd · NH

+13.5 pp
+4.4 pp
+1.7 pp
+3.2 pp
+3.6 pp
+5.0 pp
+4.7 pp
+3.4 pp
+2.7 pp
0.0 pp
0.0 pp
+1.0 pp
−1.0 pp
0.0 pp
+1.0 pp
−1.0 pp
+1.0 pp
−6.0 pp
−4.0 pp
−5.0 pp

Rainbow Childrens Medicare Ltd · RAINBOW

+3.0 pp
+2.9 pp
+1.5 pp
−0.9 pp
+8.4 pp
−3.6 pp
+0.0 pp
0.0 pp
0.0 pp
−3.0 pp
0.0 pp
−1.0 pp
0.0 pp
+1.0 pp
−2.0 pp
−1.0 pp
0.0 pp
0.0 pp

Yatharth Hospital & Trauma Care Services Ltd · YATHARTH

−4.0 pp
+3.9 pp
+0.8 pp
+2.0 pp
−1.0 pp
−2.0 pp
−2.0 pp
−3.0 pp
−1.0 pp
0.0 pp
−2.0 pp
−2.0 pp
−2.0 pp
08 · compare level, then change

Profit Scale & Acceleration

Apollo Hospitals Enterprise Ltd has the highest Net profit among the 19 Hospitals companies compared here, at ₹2,002 crore. Max Healthcare Institute Ltd is next at ₹1,442 crore. KMC Speciality Hospitals (India) Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Apollo Hospitals Enterprise Ltd leads with ₹2,002 crore of TTM profit, 38.8% above Max Healthcare Institute Ltd. KMC Speciality Hospitals (India) Ltd shows ≥100% on the scoring scale (108.7% uncapped) growth from a ₹48 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderApollo Hospitals Enterprise Ltd · ₹2,002 crore
Gap38.8% versus #2 · Max Healthcare Institute Ltd
Persistence8/8 recent comparable periods
Coverage19/19 companies · 327 observations

Investor read: Apollo Hospitals Enterprise Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Apollo Hospitals Enterprise Ltd APOLLOHOSP₹2.0K Cr
2Max Healthcare Institute Ltd MAXHEALTH₹1.4K Cr
3Fortis Healthcare Ltd FORTIS₹1.1K Cr
5Global Health Ltd MEDANTA₹552 Cr
Profit growthfastest growers
2Sakar Healthcare Ltd SAKAR⚠ unverified71%
Net profit · company comparison
19/19 level · 18/19 change
All-company data · latest reported quarter
CompanyNet profitProfit growthReported
Apollo Hospitals Enterprise Ltd APOLLOHOSP₹551 Cr33%Mar 2026
Max Healthcare Institute Ltd MAXHEALTH₹342 Cr7.2%Mar 2026
Fortis Healthcare Ltd FORTIS₹273 Cr2.3%Jun 2026
Narayana Hrudayalaya Ltd NH₹207 Cr5.1%Jun 2026
Global Health Ltd MEDANTA₹157 Cr-1.3%Jun 2026
Kovai Medical Center & Hospital Ltd KOVAI₹69 Cr21%Jun 2026
Rainbow Childrens Medicare Ltd RAINBOW₹63 Cr17%Jun 2026
Indraprastha Medical Corporation Ltd INDRAMEDCO₹56 Cr9.8%Jun 2026
Yatharth Hospital & Trauma Care Services Ltd YATHARTH₹45 Cr15%Mar 2026
Jupiter Life Line Hospitals Ltd JLHL₹38 Cr-14%Jun 2026
Krishna Institute of Medical Sciences Ltd KIMS₹37 Cr-56%Jun 2026
Artemis Medicare Services Ltd ARTEMISMED₹31 Cr48%Jun 2026
Aster DM Quality Care Ltd ASTERDM₹29 Cr-69%Jun 2026
Dr Agarwals Eye Hospital Ltd DRAGARWQ₹23 Cr35%Jun 2026
Shalby Ltd SHALBY⚠ unverified₹18 Cr250%Mar 2026
Healthcare Global Enterprises Ltd HCG₹16 Cr167%Jun 2026
KMC Speciality Hospitals (India) Ltd 524520₹15 Cr200%Mar 2026
GPT Healthcare Ltd GPTHEALTH⚠ unverified₹13 Cr63%Jun 2026
Sakar Healthcare Ltd SAKAR⚠ unverified₹10 Cr100%Jun 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Apollo Hospitals Enterprise Ltd · APOLLOHOSP

₹162 Cr
₹146 Cr
₹173 Cr
₹249 Cr
₹254 Cr
₹258 Cr
₹316 Cr
₹396 Cr
₹379 Cr
₹414 Cr
₹441 Cr
₹494 Cr
₹516 Cr
₹551 Cr

Aster DM Quality Care Ltd · ASTERDM

₹128 Cr
₹168 Cr
₹246 Cr
₹80 Cr
₹54 Cr
₹159 Cr
₹183 Cr
₹20 Cr
₹-15 Cr
₹209 Cr
₹-2 Cr
₹5.2K Cr
₹106 Cr
₹64 Cr
₹86 Cr
₹94 Cr
₹121 Cr
₹59 Cr
₹154 Cr
₹29 Cr

Fortis Healthcare Ltd · FORTIS

₹142 Cr
₹138 Cr
₹124 Cr
₹184 Cr
₹134 Cr
₹203 Cr
₹174 Cr
₹193 Cr
₹254 Cr
₹188 Cr
₹267 Cr
₹329 Cr
₹197 Cr
₹271 Cr
₹273 Cr

Global Health Ltd · MEDANTA

₹70 Cr
₹18 Cr
₹59 Cr
₹86 Cr
₹81 Cr
₹101 Cr
₹102 Cr
₹125 Cr
₹124 Cr
₹127 Cr
₹106 Cr
₹131 Cr
₹143 Cr
₹101 Cr
₹159 Cr
₹158 Cr
₹95 Cr
₹142 Cr
₹157 Cr

Healthcare Global Enterprises Ltd · HCG

₹4 Cr
₹6 Cr
₹4 Cr
₹11 Cr
₹3 Cr
₹23 Cr
₹14 Cr
₹21 Cr
₹8 Cr
₹7 Cr
₹6 Cr
₹21 Cr
₹-8 Cr
₹4 Cr
₹16 Cr

Jupiter Life Line Hospitals Ltd · JLHL

₹30 Cr
₹27 Cr
₹0 Cr
₹16 Cr
₹54 Cr
₹34 Cr
₹44 Cr
₹45 Cr
₹45 Cr
₹52 Cr
₹52 Cr
₹45 Cr
₹44 Cr
₹57 Cr
₹42 Cr
₹50 Cr
₹38 Cr

Kovai Medical Center & Hospital Ltd · KOVAI

₹24 Cr
₹26 Cr
₹19 Cr
₹24 Cr
₹30 Cr
₹31 Cr
₹31 Cr
₹31 Cr
₹43 Cr
₹53 Cr
₹52 Cr
₹46 Cr
₹51 Cr
₹58 Cr
₹55 Cr
₹57 Cr
₹59 Cr
₹65 Cr
₹63 Cr
₹69 Cr

Krishna Institute of Medical Sciences Ltd · KIMS

₹82 Cr
₹99 Cr
₹87 Cr
₹101 Cr
₹77 Cr
₹72 Cr
₹95 Cr
₹121 Cr
₹92 Cr
₹106 Cr
₹85 Cr
₹72 Cr
₹52 Cr
₹33 Cr
₹37 Cr

Max Healthcare Institute Ltd · MAXHEALTH

₹145 Cr
₹190 Cr
₹124 Cr
₹173 Cr
₹457 Cr
₹222 Cr
₹251 Cr
₹240 Cr
₹277 Cr
₹289 Cr
₹252 Cr
₹236 Cr
₹282 Cr
₹239 Cr
₹319 Cr
₹308 Cr
₹491 Cr
₹301 Cr
₹342 Cr

Narayana Hrudayalaya Ltd · NH

₹99 Cr
₹98 Cr
₹69 Cr
₹111 Cr
₹169 Cr
₹154 Cr
₹173 Cr
₹184 Cr
₹227 Cr
₹188 Cr
₹191 Cr
₹202 Cr
₹199 Cr
₹193 Cr
₹197 Cr
₹197 Cr
₹258 Cr
₹127 Cr
₹224 Cr
₹207 Cr

Rainbow Childrens Medicare Ltd · RAINBOW

₹45 Cr
₹45 Cr
₹12 Cr
₹38 Cr
₹61 Cr
₹58 Cr
₹54 Cr
₹42 Cr
₹63 Cr
₹63 Cr
₹51 Cr
₹40 Cr
₹79 Cr
₹69 Cr
₹57 Cr
₹54 Cr
₹76 Cr
₹74 Cr
₹78 Cr
₹63 Cr

Yatharth Hospital & Trauma Care Services Ltd · YATHARTH

₹21 Cr
₹17 Cr
₹19 Cr
₹28 Cr
₹29 Cr
₹38 Cr
₹30 Cr
₹31 Cr
₹30 Cr
₹39 Cr
₹42 Cr
₹41 Cr
₹43 Cr
₹45 Cr

Profit growth · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Apollo Hospitals Enterprise Ltd · APOLLOHOSP

57%
77%
83%
59%
49%
60%
40%
25%
36%
33%

Aster DM Quality Care Ltd · ASTERDM

33%
-58%
-5.4%
-26%
-75%
-128%
31%
-101%
-69%
-98%
14%
-7.8%
79%
-69%

Fortis Healthcare Ltd · FORTIS

-5.6%
47%
40%
4.9%
90%
-7.4%
53%
70%
-22%
44%
2.3%

Global Health Ltd · MEDANTA

40%
16%
461%
73%
45%
53%
26%
3.9%
4.8%
15%
-20%
50%
21%
-34%
41%
-1.3%

Healthcare Global Enterprises Ltd · HCG

-29%
307%
250%
91%
167%
-70%
-57%
0.0%
-200%
-43%
167%

Jupiter Life Line Hospitals Ltd · JLHL

80%
26%
181%
-17%
53%
18%
0.0%
-2.2%
9.6%
-19%
11%
-14%

Kovai Medical Center & Hospital Ltd · KOVAI

-31%
25%
19%
63%
29%
43%
71%
68%
48%
19%
9.4%
5.8%
24%
16%
12%
15%
21%

Krishna Institute of Medical Sciences Ltd · KIMS

-6.1%
-27%
9.2%
20%
19%
47%
-11%
-41%
-43%
-69%
-56%

Max Healthcare Institute Ltd · MAXHEALTH

18%
215%
17%
102%
39%
-39%
30%
0.4%
-1.7%
1.8%
-17%
27%
31%
74%
26%
7.2%

Narayana Hrudayalaya Ltd · NH

46%
71%
57%
151%
66%
34%
22%
10%
9.8%
-12%
2.7%
3.1%
-2.5%
30%
-34%
14%
5.1%

Rainbow Childrens Medicare Ltd · RAINBOW

5.6%
36%
29%
350%
11%
3.3%
8.6%
-5.6%
-4.8%
25%
9.5%
12%
35%
-3.8%
7.3%
37%
17%

Yatharth Hospital & Trauma Care Services Ltd · YATHARTH

38%
124%
58%
11%
3.5%
2.6%
40%
32%
43%
15%
09 · compare level, then change

Return On Capital Employed

Indraprastha Medical Corporation Ltd has the highest ROCE among the 19 Hospitals companies compared here, at 35.8%. KMC Speciality Hospitals (India) Ltd is next at 26%. KMC Speciality Hospitals (India) Ltd has the highest ROCE change at +9 percentage points, so level and change sit with different companies. Its ROCE series carries 15 reported observations across the 20-quarter window.

What the numbers say: Indraprastha Medical Corporation Ltd leads ROCE at 35.8%, 9.8 percentage points above KMC Speciality Hospitals (India) Ltd. KMC Speciality Hospitals (India) Ltd has the strongest latest improvement at +9 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderIndraprastha Medical Corporation Ltd · 35.8%
Gap37.7% versus #2 · KMC Speciality Hospitals (India) Ltd
Persistence4/8 recent comparable periods
Coverage19/19 companies · 189 observations

Investor read: Indraprastha Medical Corporation Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCE changefastest improvers
2Sakar Healthcare Ltd SAKAR⚠ unverified+3.8 pp
4Fortis Healthcare Ltd FORTIS+1.0 pp
Return on capital · company comparison
19/19 level · 19/19 change

Withheld from this chart: Apollo Hospitals Enterprise Ltd (APOLLOHOSP) — its two data sources disagree by up to 6.3% on reported income across 14 comparable periods, so its derived ratios are withheld; Fortis Healthcare Ltd (FORTIS) — its two data sources disagree by up to 12% on reported income across 14 comparable periods, so its derived ratios are withheld; Krishna Institute of Medical Sciences Ltd (KIMS) — its two data sources disagree by up to 27% on reported income across 14 comparable periods, so its derived ratios are withheld; Healthcare Global Enterprises Ltd (HCG) — its two data sources disagree by up to 95% on reported income across 14 comparable periods, so its derived ratios are withheld; Yatharth Hospital & Trauma Care Services Ltd (YATHARTH) — its two data sources disagree by up to 4.5% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter
CompanyROCEROCE changeReported
Indraprastha Medical Corporation Ltd INDRAMEDCO27%−2.6 ppJun 2026
Kovai Medical Center & Hospital Ltd KOVAI19%+0.1 ppJun 2026
Rainbow Childrens Medicare Ltd RAINBOW15%−0.6 ppJun 2026
Dr Agarwals Eye Hospital Ltd DRAGARWQ15%+0.2 ppJun 2026
GPT Healthcare Ltd GPTHEALTH⚠ unverified15%−5.5 ppJun 2026
Global Health Ltd MEDANTA13%−3.3 ppJun 2026
Sakar Healthcare Ltd SAKAR⚠ unverified12%+3.8 ppJun 2026
Max Healthcare Institute Ltd MAXHEALTH12%+0.6 ppMar 2026
Jupiter Life Line Hospitals Ltd JLHL12%−2.0 ppJun 2026
Artemis Medicare Services Ltd ARTEMISMED12%+2.2 ppJun 2026
Narayana Hrudayalaya Ltd NH11%−5.4 ppJun 2026
Aster DM Quality Care Ltd ASTERDM8.9%−0.1 ppJun 2026
Shalby Ltd SHALBY⚠ unverified5.8%−0.7 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Showing the 12 largest of 13 companies with a series here. The remaining 1 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Artemis Medicare Services Ltd · ARTEMISMED

9.4%
8.1%
8.6%
9.1%
10%
13%
12%
15%
9.6%
14%
9.5%
15%
10%
14%
12%

Aster DM Quality Care Ltd · ASTERDM

7.6%
9.4%
8.2%
6.1%
5.4%
4.5%
66%
11%
70%
9.0%
9.9%
8.4%
9.9%
8.9%

Dr Agarwals Eye Hospital Ltd · DRAGARWQ

30%
14%
16%
17%
23%
16%
20%
16%
19%
15%
19%
15%
19%
15%

Global Health Ltd · MEDANTA

8.5%
12%
14%
17%
23%
17%
20%
17%
20%
17%
20%
16%
17%
13%

Indraprastha Medical Corporation Ltd · INDRAMEDCO

23%
23%
28%
26%
28%
37%
28%
39%
31%
40%
30%
38%
29%
38%
27%

Jupiter Life Line Hospitals Ltd · JLHL

14%
20%
17%
21%
18%
23%
18%
23%
14%
19%
14%
18%
12%

Kovai Medical Center & Hospital Ltd · KOVAI

15%
15%
13%
15%
17%
21%
20%
23%
20%
24%
19%
24%
20%
24%
19%

Max Healthcare Institute Ltd · MAXHEALTH

7.7%
9.0%
9.7%
11%
12%
15%
12%
15%
12%
14%
11%
14%
12%
14%
12%

Narayana Hrudayalaya Ltd · NH

17%
21%
22%
24%
24%
30%
26%
27%
14%
24%
16%
21%
17%
20%
11%

Rainbow Childrens Medicare Ltd · RAINBOW

17%
19%
19%
16%
19%
18%
22%
16%
19%
16%
20%
16%
20%
15%
19%
15%

Sakar Healthcare Ltd · SAKAR⚠ unverified

8.5%
9.3%
8.0%
6.8%
6.3%
8.2%
6.5%
7.8%
7.1%
8.1%
8.4%
8.8%
8.4%
11%
12%

Shalby Ltd · SHALBY⚠ unverified

9.1%
7.7%
8.1%
8.5%
9.9%
13%
11%
12%
8.7%
9.4%
6.5%
6.9%
6.8%
7.2%
5.8%

ROCE change · reported quarter history

Showing the 12 largest of 13 companies with a series here. The remaining 1 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Artemis Medicare Services Ltd · ARTEMISMED

−0.8 pp
+1.0 pp
+1.6 pp
+2.8 pp
−0.6 pp
+1.1 pp
−2.4 pp
+0.6 pp
+0.6 pp
−0.4 pp
+2.2 pp

Aster DM Quality Care Ltd · ASTERDM

+0.6 pp
−2.1 pp
+4.5 pp
+64.9 pp
+4.5 pp
−55.6 pp
−2.2 pp
−60.4 pp
−0.1 pp

Dr Agarwals Eye Hospital Ltd · DRAGARWQ

+2.1 pp
−0.8 pp
−1.0 pp
−3.6 pp
−0.6 pp
−0.9 pp
−0.9 pp
−0.7 pp
+0.2 pp

Global Health Ltd · MEDANTA

+5.2 pp
+3.3 pp
−0.2 pp
−2.6 pp
−0.5 pp
+0.2 pp
−1.1 pp
−2.8 pp
−3.3 pp

Indraprastha Medical Corporation Ltd · INDRAMEDCO

+5.0 pp
+3.3 pp
−0.3 pp
+1.3 pp
+2.7 pp
+2.8 pp
+2.1 pp
−1.6 pp
−1.3 pp
−2.2 pp
−2.6 pp

Jupiter Life Line Hospitals Ltd · JLHL

+6.2 pp
−1.8 pp
+1.0 pp
+2.0 pp
−3.9 pp
−4.3 pp
−3.4 pp
−4.2 pp
−2.0 pp

Kovai Medical Center & Hospital Ltd · KOVAI

−1.6 pp
−0.1 pp
+3.7 pp
+5.7 pp
+3.3 pp
+3.0 pp
−1.3 pp
+0.7 pp
−0.7 pp
+0.1 pp
+0.1 pp

Max Healthcare Institute Ltd · MAXHEALTH

+2.0 pp
+2.3 pp
+2.6 pp
+0.6 pp
−0.7 pp
−1.3 pp
−0.5 pp
−0.7 pp
+0.7 pp
+0.3 pp
+0.6 pp

Narayana Hrudayalaya Ltd · NH

+4.7 pp
+3.7 pp
+2.2 pp
+1.4 pp
−9.8 pp
−5.7 pp
−9.2 pp
−5.9 pp
+2.5 pp
−4.3 pp
−5.4 pp

Rainbow Childrens Medicare Ltd · RAINBOW

−0.5 pp
0.0 pp
+1.8 pp
−3.1 pp
−1.7 pp
−1.3 pp
0.0 pp
+0.3 pp
−0.9 pp
−1.3 pp
−0.6 pp

Sakar Healthcare Ltd · SAKAR⚠ unverified

−0.5 pp
−2.5 pp
−1.7 pp
−0.3 pp
+0.8 pp
−0.1 pp
+1.9 pp
+1.0 pp
+1.3 pp
+2.6 pp
+3.8 pp

Shalby Ltd · SHALBY⚠ unverified

−1.0 pp
+0.8 pp
+1.8 pp
+2.2 pp
−1.2 pp
−3.4 pp
−4.2 pp
−5.5 pp
−1.9 pp
−2.2 pp
−0.7 pp
10 · compare level, then change

Valuation Against Growth & Quality

Indraprastha Medical Corporation Ltd has the lowest PEG among the 19 Hospitals companies compared here, at 0.92×. Artemis Medicare Services Ltd is next at 1.09×. The same company also holds the lowest P/E, at 18.6×. 10 of 19 companies report a comparable reading, the latest through Jun 2026. Its PEG series carries 17 reported observations across the 20-quarter window.

What the numbers say: Indraprastha Medical Corporation Ltd has the lowest comparable PEG at 0.92×, 15.6% below Artemis Medicare Services Ltd. Only 10 of 19 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderIndraprastha Medical Corporation Ltd · 0.92×
Gap15.6% versus #2 · Artemis Medicare Services Ltd
Persistence0/8 recent comparable periods
Coverage10/19 companies · 103 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
Valuation · company comparison
10/19 level · 19/19 change
All-company data · latest reported quarter
CompanyPEGP/EReported
Jupiter Life Line Hospitals Ltd JLHL3.447.6Jun 2026
Aster DM Quality Care Ltd ASTERDM3.197.6Jun 2026
Narayana Hrudayalaya Ltd NH3.047.0Jun 2026
Rainbow Childrens Medicare Ltd RAINBOW3.052.1Jun 2026
Max Healthcare Institute Ltd MAXHEALTH1.765.0Mar 2026
Kovai Medical Center & Hospital Ltd KOVAI1.731.4Jun 2026
Dr Agarwals Eye Hospital Ltd DRAGARWQ1.434.8Jun 2026
Global Health Ltd MEDANTA1.163.3Jun 2026
Artemis Medicare Services Ltd ARTEMISMED1.136.6Jun 2026
Indraprastha Medical Corporation Ltd INDRAMEDCO0.919.2Jun 2026
KMC Speciality Hospitals (India) Ltd 52452035.8Mar 2026
Apollo Hospitals Enterprise Ltd APOLLOHOSP59.8Mar 2026
Fortis Healthcare Ltd FORTIS68.1Jun 2026
Krishna Institute of Medical Sciences Ltd KIMS129.5Jun 2026
Healthcare Global Enterprises Ltd HCG311.1Jun 2026
Yatharth Hospital & Trauma Care Services Ltd YATHARTH37.0Mar 2026
Sakar Healthcare Ltd SAKAR⚠ unverified59.0Jun 2026
Shalby Ltd SHALBY⚠ unverified174.7Mar 2026
GPT Healthcare Ltd GPTHEALTH⚠ unverified28.6Jun 2026
Full 20-quarter history · every available company

PEG · reported quarter history

Artemis Medicare Services Ltd · ARTEMISMED

1.2
0.9
0.6
2.6
6.1
3.2
6.0
0.9
1.8
1.2
2.1
0.7
5.3
1.1

Aster DM Quality Care Ltd · ASTERDM

1.2
0.5
0.6
1.3
11.8
2.0
3.1

Dr Agarwals Eye Hospital Ltd · DRAGARWQ

0.2
0.3
1.8
0.5
1.3
1.8
5.5
1.5
2.1
2.2
1.7
1.4

Global Health Ltd · MEDANTA

5.2
1.4
1.3
1.7
2.0
3.8
9.1
1.1

Indraprastha Medical Corporation Ltd · INDRAMEDCO

0.4
0.3
0.2
0.3
0.2
0.2
0.3
0.4
0.4
0.4
0.7
2.6
0.7
1.7
1.2
1.3
0.9

Jupiter Life Line Hospitals Ltd · JLHL

12.4
1.4
2.5
4.6
3.4

Kovai Medical Center & Hospital Ltd · KOVAI

0.4
0.8
1.0
0.7
0.5
0.5
1.8
3.7
1.9
2.0
2.4
1.7

Max Healthcare Institute Ltd · MAXHEALTH

3.3
2.7
9.4
14.8
16.7
6.6
2.8
1.7

Narayana Hrudayalaya Ltd · NH

0.8
0.6
0.6
3.3
1.7
6.6
3.0

Rainbow Childrens Medicare Ltd · RAINBOW

1.6
1.7
6.7
1.1
1.7
2.1
8.9
7.2
6.9
2.8
5.6
5.6
3.0

P/E · reported quarter history

Showing the 12 largest of 19 companies with a series here. The remaining 7 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Apollo Hospitals Enterprise Ltd · APOLLOHOSP

118.4
92.1
76.8
67.7
71.3
76.7
81.0
89.5
110.5
117.8
116.0
99.1
100.4
88.1
72.6
72.7
68.6
61.5
59.8

Aster DM Quality Care Ltd · ASTERDM

38.7
24.9
22.3
16.9
22.9
23.6
25.0
46.6
67.5
87.6
136.0
139.2
106.8
100.8
90.2
84.9
89.0
85.7
95.2
97.6

Fortis Healthcare Ltd · FORTIS

122.9
81.0
57.9
46.4
48.8
46.3
41.2
44.6
49.1
59.9
59.2
61.1
70.1
74.8
67.1
70.9
76.5
67.7
61.0
68.1

Global Health Ltd · MEDANTA

60.6
68.1
52.8
51.3
62.9
78.5
73.4
57.5
60.0
65.9
93.2
67.3
60.9
46.8
63.3

Healthcare Global Enterprises Ltd · HCG

580.3
484.2
142.5
159.0
169.2
144.2
140.5
122.2
125.4
126.9
142.5
179.9
256.3
280.7
290.6
311.1

Jupiter Life Line Hospitals Ltd · JLHL

82.1
83.2
48.6
46.0
54.8
55.9
54.6
50.0
51.4
45.8
43.3
47.6

Kovai Medical Center & Hospital Ltd · KOVAI

16.6
17.4
15.7
14.8
17.8
18.7
19.4
21.3
23.1
24.9
25.9
26.1
30.9
32.7
27.5
30.4
33.1
30.4
26.8
31.4

Krishna Institute of Medical Sciences Ltd · KIMS

47.0
54.7
34.5
28.0
38.6
38.9
35.8
43.9
47.0
46.3
48.7
53.8
69.0
72.0
73.5
70.4
78.8
76.3
86.8
129.5

Max Healthcare Institute Ltd · MAXHEALTH

106.4
92.3
59.3
58.9
61.9
45.1
43.8
52.7
47.0
67.3
75.4
86.5
91.8
103.3
100.5
110.3
91.0
74.1
65.0

Narayana Hrudayalaya Ltd · NH

58.6
46.0
42.3
38.0
39.1
34.9
31.5
33.5
32.6
33.3
34.0
31.3
30.6
34.2
44.6
58.7
44.8
48.2
40.5
47.0

Rainbow Childrens Medicare Ltd · RAINBOW

50.6
43.1
46.6
43.5
46.3
48.9
56.2
60.0
58.3
65.9
66.0
59.8
64.7
53.7
53.8
45.9
52.1

Yatharth Hospital & Trauma Care Services Ltd · YATHARTH

37.7
37.6
34.5
29.7
39.0
39.2
28.7
36.9
51.6
43.3
37.0
11 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Hospitals comparison names 6 specific ways its own evidence can mislead, all listed below. All 19 companies here report on comparable dates, so no rank carries a stale marker. 3 draw at least one figure from a second feed with too little overlap to cross-check. 5 have second-feed figures withheld because the two sources disagree.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 3 companies draw at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; they are marked unverified wherever those figures appear.
  • 5 companies are missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
12 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 19 Hospitals companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-08-07. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-08-07 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing10 cross-checked · 4 unverified · 5 withheld, of 19 graded companies.
How a second data feed is admitted, and what happens when it disagrees

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.

13 · questions investors ask, short speakable answers

Hospitals company comparison FAQs

These 24 answers restate the Hospitals comparison above in question form. Every one is computed from the same 19 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-08-07. Nothing here is estimated, and none of it is a recommendation.

Is the Hospitals sector outperforming NIFTY 500?

Hospitals has outperformed NIFTY 500 by 9% over 52 weeks and 3% over 13 weeks. 15 of 19 covered companies beat NIFTY on Mansfield relative strength, while 9 of 19 beat the sector itself.

Which Hospitals company is largest by revenue?

Apollo Hospitals Enterprise Ltd leads with revenue of ₹25,229 crore, based on 19 of 19 comparable companies through Mar 2026.

Which Hospitals company is growing fastest?

Narayana Hrudayalaya Ltd has the fastest current revenue growth at 59.6%, across 19 of 19 comparable companies.

Which Hospitals company has the strongest 4-Factor Sector Score?

KMC Speciality Hospitals (India) Ltd ranks first at 79.6/100 with 78.1% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Hospitals company has the lowest comparable PEG?

Indraprastha Medical Corporation Ltd has the lowest comparable PEG at 0.92, among 10 of 19 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Hospitals comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Is there a Nifty Hospitals index?

NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Hospitals, this page builds its own equal-weight basket of 19 listed Hospitals companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.

Which are the best Hospitals stocks in India?

Ranked by this page's four-factor score, KMC Speciality Hospitals (India) Ltd places first among 19 listed Hospitals companies, followed by Artemis Medicare Services Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Hospitals stocks are listed in India?

This comparison covers 19 listed Hospitals companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

Which Hospitals company is the biggest?

Apollo Hospitals Enterprise Ltd is the largest, with trailing-twelve-month revenue of ₹25,229 crore, ahead of Fortis Healthcare Ltd at ₹9,128 crore. That covers 19 of 19 companies with comparable reporting through Mar 2026.

Which Hospitals company has the best profit margins?

KMC Speciality Hospitals (India) Ltd has the highest operating margin at 31%, from 19 of 19 comparable companies. KMC Speciality Hospitals (India) Ltd shows the biggest recent improvement, at +6 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Hospitals company makes the most profit?

Apollo Hospitals Enterprise Ltd earns the most, at ₹2,002 crore of trailing-twelve-month net profit, from 19 of 19 comparable companies. KMC Speciality Hospitals (India) Ltd has the fastest profit growth at the ≥100% scoring cap, though growth off a small or recovering profit base overstates how much has actually changed.

Which Hospitals company earns the highest return on capital?

Indraprastha Medical Corporation Ltd leads on return on capital employed at 35.8%, across 19 of 19 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Hospitals stock is the cheapest?

On PEG — where a LOWER number is cheaper — Indraprastha Medical Corporation Ltd screens cheapest at 0.92×. Only 10 of 19 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Is the Hospitals sector beating the market?

Hospitals has outperformed NIFTY 500 by 9% over the last 52 weeks and 3% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 15 of 19 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Hospitals stock has the strongest price momentum?

Sakar Healthcare Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Hospitals company scores highest for research priority?

KMC Speciality Hospitals (India) Ltd scores 79.6 out of 100 with 78.1% evidence confidence, from 30.8 points on growth and earnings, 20.6 on capital efficiency, 11.4 on valuation and 16.8 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Hospitals companies does this comparison cover, and over what period?

It compares 19 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Hospitals sector?

The 19 Hospitals companies on this page carry ₹5,61,672 crore of combined market value. Apollo Hospitals Enterprise Ltd is the largest at ₹1,28,615 crore, about 23% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-13.

What is the Hospitals sector's P/E ratio?

The median price-to-earnings ratio across the 19 Hospitals companies on this page is 54.9×, measured on the 19 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-08-13.

How is the Hospitals sector performing?

15 of the 19 covered Hospitals companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 9% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-13.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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