# NH (NH) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/nh

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,928.5
- Change: +3.21%
- As of: 2026-09-18
- 1D return: +3.21%
- 5D return: +0.98%
- 1M return: +7.18%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, the stock is trading at ₹1928.5, showing a mixed technical stance across different timeframes. Daily and weekly charts indicate a bullish trend, with the price trading above key moving averages (EMA 20, EMA 50, SMA 20, SMA 50, SMA 200, and Supertrend on daily; EMA 20, EMA 50, SMA 20, SMA 50, and Supertrend on weekly). However, the monthly timeframe presents a conflicting signal, with the price below the Supertrend, suggesting potential overhead pressure or a longer-term bearish influence despite shorter-term strength. Recent daily anomalies include a wide upward range on September 18 (0.04 range, 0.03 return) and a wide downward range on September 16 (-0.02 return), indicating increased volatility. The nearest support level is observed at ₹1922.0, approximately 0.34% below the current price, while the nearest resistance is at ₹1952.41, about 1.24% higher. The stock's setup carries risk, with annualized volatility at 32% and a current drawdown of -15%.

- Daily and weekly timeframes show bullish price action above key moving averages.
- Monthly timeframe indicates price below Supertrend, suggesting potential conflict.
- Nearest support level identified at ₹1922.0.
- Nearest resistance level identified at ₹1952.41.
- Watch for a sustained break above ₹1952.41 resistance or a move below ₹1922.0 support for potential trend confirmation.

- Doji
- Inside Bar
- Hammer
- Outside Bar
- Morning Star
- Harami

### News Context

Narayana Hrudayalaya Ltd. is seeking shareholder approval through a postal ballot to increase the annual professional fee for Consultant Surgeon Dr. Varun Shetty. The proposed revision would raise the fee from ₹3.60 crore to ₹4.80 crore, effective April 1, 2026. This fee increase, which includes an incentive for quaternary care program development and is performance-contingent, was approved by the Board on May 22, 2026. The postal ballot process, initiated on September 5, 2026, requires shareholder votes by October 4, 2026, with results expected on October 6, 2026. Dr. Shetty is a relative of Chairman Dr. Devi Prasad Shetty, Executive Vice Chairman Mr. Viren Prasad Shetty, and Non-Executive Director Dr. Anesh Shetty. The company also held an in-person meeting with institutional investors FSSA Investment Managers on August 20, 2026, in Bangalore.

- Narayana Hrudayalaya Ltd. initiated a postal ballot on September 5, 2026, to seek shareholder approval for revising the annual professional fee of Consultant Surgeon Dr. Varun Shetty to ₹4.80 crore from ₹3.60 crore, effective April 1, 2026.
- The revised fee is contingent on performance and includes an incentive for quaternary care program development.
- Shareholder voting for the postal ballot concludes on October 4, 2026, with results to be announced on October 6, 2026.
- The company held a one-to-one meeting with institutional investor FSSA Investment Managers on August 20, 2026.
- Newspaper advertisements regarding the postal ballot notice were published on September 5, 2026, in the Financial Express and Vijayavani.

- Narayana Hrudayalaya Ltd. has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot |SUBJECT: Notice Of Shareholders Meetings-XBRL
- Narayana Hrudayalaya Ltd. has informed the Exchange about Copy of Newspaper Publication of Postal Ballot Notice |SUBJECT: Copy of Newspaper Publication
- Narayana Hrudayalaya Ltd. has informed the Exchange regarding Notice of Postal Ballot |SUBJECT: Shareholders meeting
- Narayana Hrudayalaya Ltd. has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL

### What Changed

Narayana Hrudayalaya (NH) has experienced a recent price increase. On September 18, 2026, the stock closed at ₹1928.5, up from its previous price of ₹1868.6. The provided data does not include information on daily or weekly trends for either the current or previous periods, nor are there any new filings or news items to report as of September 18, 2026. Therefore, the primary recent development is the observed price appreciation.

- On September 18, 2026, Narayana Hrudayalaya's stock price was ₹1928.5.
- The stock price on the preceding observation date was ₹1868.6.
- There were no new filings or news reported for Narayana Hrudayalaya as of September 18, 2026.

### Official Filings

Narayana Hrudayalaya Limited is seeking shareholder approval through a postal ballot to increase the annual professional fee for Dr. Varun Shetty, a Consultant Surgeon and relative of key management personnel. The proposed revision would raise the fee from ₹3.60 crore to ₹4.80 crore, effective April 1, 2026. This revised fee, which includes an incentive for quaternary care program development and is performance-contingent, was approved by the Board on May 22, 2026. The voting period for this ordinary resolution runs from September 5, 2026, to October 4, 2026, with results expected on October 6, 2026. Separately, the company's 26th Annual General Meeting (AGM) was held on August 14, 2026, where shareholders approved all 11 resolutions. These included the adoption of financial statements for the fiscal year ended March 31, 2026, a dividend of ₹4.50 per equity share, and the re-appointment of directors, including Dr. Kiran Mazumdar Shaw. The AGM proceedings also covered the company's performance, including the acquisition of Practice Plus Group's hospital business in the UK.

Additionally, Narayana Hrudayalaya Limited has been actively engaging with institutional investors. Meetings were scheduled with FSSA Investment Managers on August 20, 2026, and with representatives from Sundaram Mutual Fund, Premji Invest, Unifi Capital, Narnolia Financial Services, and EverFlow Partners on August 12, 2026. Earlier in August, the company held virtual and in-person meetings with American Century and ICICI Securities PMS, respectively.

- Shareholder approval is being sought via postal ballot to revise the annual professional fee for Consultant Surgeon Dr. Varun Shetty from ₹3.60 crore to ₹4.80 crore, effective April 1, 2026. Voting concludes October 4, 2026.
- At the 26th AGM on August 14, 2026, all 11 resolutions were approved, including the adoption of FY26 financial statements and a dividend of ₹4.50 per equity share.
- The AGM proceedings on August 14, 2026, discussed the company's FY 2025-26 performance and the acquisition of Practice Plus Group's UK hospital business.
- The company held or scheduled multiple investor meetings in August 2026 with entities including FSSA Investment Managers, Sundaram Mutual Fund, Premji Invest, American Century, and ICICI Securities PMS.
- Newspaper advertisements for the postal ballot notice were published on September 5, 2026, in the Financial Express and Vijayavani.

- Narayana Hrudayalaya Ltd. has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot |SUBJECT: Notice Of Shareholders Meetings-XBRL
- Narayana Hrudayalaya Ltd. has informed the Exchange about Copy of Newspaper Publication of Postal Ballot Notice |SUBJECT: Copy of Newspaper Publication
- Narayana Hrudayalaya Ltd. has informed the Exchange regarding Notice of Postal Ballot |SUBJECT: Shareholders meeting
- Narayana Hrudayalaya Ltd. has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Narayana Hrudayalaya Ltd. has informed the Exchange about Schedule of meet of investors to be held on August 20, 2026. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Narayana Hrudayalaya Ltd. has submitted the Exchange a copy of Srutinizers report of 26th Annual General Meeting held on August 14, 2026. Further, the company has informed the Exchange regarding voting results. |SUBJECT: Shareholders meeting
- Narayana Hrudayalaya Ltd. has informed the Exchange regarding Proceedings of 26th Annual General Meeting held on Friday, August 14, 2026. |SUBJECT: Shareholders meeting

### Fundamentals

Narayana Hrudayalaya (NSE) reported a sequential increase in revenue from operations for the periods ending Q3 FY2025-26, Q4 FY2025-26, and Q1 FY2026-27. Revenue grew from ₹2,151.17 crore in Q3 FY2025-26 to ₹2,593.81 crore in Q4 FY2025-26, and further to ₹2,683.63 crore in Q1 FY2026-27. This upward trend in revenue was accompanied by a rise in expenses, which moved from ₹1,971.22 crore in Q3 FY2025-26 to ₹2,456.81 crore in Q1 FY2026-27. Finance costs also fluctuated, standing at ₹65.03 crore in Q3 FY2025-26, increasing to ₹91.29 crore in Q4 FY2025-26, before decreasing to ₹86.80 crore in Q1 FY2026-27. Segment profit before tax showed significant growth from ₹149.06 crore in Q3 FY2025-26 to ₹295.03 crore in Q4 FY2025-26, but then saw a decrease to ₹260.39 crore in Q1 FY2026-27. The company's segment revenue from operations followed a similar pattern to overall revenue, increasing from ₹2,205.94 crore in Q3 FY2025-26 to ₹2,719.11 crore in Q1 FY2026-27. Inter-segment revenue also saw a consistent rise across these periods.

An important area to monitor is the relationship between revenue growth and profitability, particularly the segment profit before tax, which experienced a sequential decline in Q1 FY2026-27 despite continued revenue growth. Understanding the drivers behind this margin compression or profit fluctuation will be key. Additionally, tracking the trend in finance costs provides insight into the company's debt servicing obligations.

- Revenue from operations increased sequentially from ₹2,151.17 crore in Q3 FY2025-26 to ₹2,683.63 crore in Q1 FY2026-27.
- Expenses also rose sequentially, from ₹1,971.22 crore in Q3 FY2025-26 to ₹2,456.81 crore in Q1 FY2026-27.
- Segment profit before tax grew from ₹149.06 crore in Q3 FY2025-26 to ₹295.03 crore in Q4 FY2025-26, but then decreased to ₹260.39 crore in Q1 FY2026-27.
- Finance costs were ₹65.03 crore in Q3 FY2025-26, ₹91.29 crore in Q4 FY2025-26, and ₹86.80 crore in Q1 FY2026-27.
- Segment revenue from operations increased from ₹2,205.94 crore in Q3 FY2025-26 to ₹2,719.11 crore in Q1 FY2026-27.

### Bull Case

Narayana Hrudayalaya's (NSE) stock exhibits several technical indicators suggesting a constructive short-term outlook. On a daily basis, the closing price of ₹1928.5 is above its 20-day Exponential Moving Average (EMA) of ₹1889.84 and its 50-day Simple Moving Average (SMA) of ₹1922.79. The Supertrend indicator is also signaling a bullish trend. Weekly trends reinforce this, with the closing price above the 20-day EMA (₹1892.1) and the Supertrend indicator also in bullish territory. While the monthly trend shows a bearish Supertrend signal, the daily and weekly timeframes indicate positive momentum.

- On 2026-09-18, the daily closing price of ₹1928.5 was above the 20-day EMA of ₹1889.84 and the 50-day SMA of ₹1922.79.
- The daily Supertrend indicator was bullish as of 2026-09-18.
- On a weekly basis, the closing price of ₹1928.5 was above the 20-day EMA of ₹1892.1.
- The weekly Supertrend indicator was bullish as of 2026-09-18.

### Bear Case

The company's monthly trend indicators suggest a cautionary market setup. The Average Directional Index (ADX) at 53.45 indicates strong trending conditions, but the Supertrend indicator is bearish at ₹2484.4, with the current close of ₹1928.5 significantly below this level. This divergence implies potential downward pressure. Furthermore, the company has experienced a drawdown of -15% from its recent peak, with a maximum drawdown recorded at -29%, highlighting historical volatility and the possibility of substantial price declines.

- Monthly trend analysis shows a bearish Supertrend signal at ₹2484.4 as of 2026-09-18.
- The current stock price of ₹1928.5 is below the monthly Supertrend level.
- The company has experienced a current drawdown of -15% and a maximum drawdown of -29%.

### FAQs

**What is the company seeking shareholder approval for regarding Dr. Varun Shetty's professional fee?**

Narayana Hrudayalaya Limited is seeking shareholder approval via postal ballot to increase the annual professional fee for Dr. Varun Shetty, a Consultant Surgeon and relative of key directors, from INR 3.60 crore to INR 4.80 crore. This revised fee, effective April 1, 2026, includes an incentive for developing a quaternary care program and is performance-contingent. The e-voting period runs from September 5, 2026, to October 4, 2026.

**What is the recent technical trend for Narayana Hrudayalaya Ltd. shares?**

As of September 18, 2026, the daily trend for Narayana Hrudayalaya Ltd. shares indicates a bullish Supertrend at 1811.06, with the closing price at ₹1928.5. The 20-day Exponential Moving Average (EMA) is 1889.84. However, the monthly trend shows a bearish Supertrend at 2484.4, with a higher ADX of 53.45, suggesting strong but potentially volatile monthly momentum.

**What are the nearest support and resistance levels for Narayana Hrudayalaya Ltd. shares?**

As of September 18, 2026, the nearest support level for Narayana Hrudayalaya Ltd. shares is ₹1922.0, which is approximately 0.34% below the current price. The nearest resistance level is ₹1952.41, approximately 1.24% above the current price.

**How has Narayana Hrudayalaya Ltd. performed over different periods?**

As of September 18, 2026, Narayana Hrudayalaya Ltd. shares have shown varied returns. The year-to-date (YTD) return is 0.0%, indicating no change in price from the start of the year. Over the last 6 months, the return was 14.0%, while the 1-year return was 8.0%. Since the start of trading, the cumulative return is 47.0%.

- Narayana Hrudayalaya Ltd. has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot |SUBJECT: Notice Of Shareholders Meetings-XBRL
- Narayana Hrudayalaya Ltd. has informed the Exchange about Copy of Newspaper Publication of Postal Ballot Notice |SUBJECT: Copy of Newspaper Publication
- Narayana Hrudayalaya Ltd. has informed the Exchange regarding Notice of Postal Ballot |SUBJECT: Shareholders meeting
- Narayana Hrudayalaya Ltd. has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Uptrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹1,867.1
- Risk regime: Price Risk Currently Contained

### Support levels
- 1896.3875
- 1830.85
- 1772.8

### Resistance levels
- 1952.4050781249998
- 2016.1
- 2056.2875

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +3.21% |
| return_10 | +2.46% |
| return_1m | +6.96% |
| return_1y | +7.87% |
| return_20 | +7.18% |
| return_3m | +3.18% |
| return_5 | +0.98% |
| return_6m | +14.11% |
| return_since_start | +46.93% |
| return_ytd | -0.31% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | contained_risk |
| label | Price risk currently contained |
| summary | Recent drawdown and price variability remain within the producer's contained-risk thresholds. |
| maximum_drawdown | -29.07% |
| annualized_volatility | +32.30% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue Growth Slows as Expenses Outpace Revenue, Compressing Margins

Narayana Hrudayalaya Ltd.’s quarter ended 30 June 2026 showed continued top-line expansion, but expenses grew faster than revenue, leading to a decline in profit margins. Finance costs remained elevated in absolute terms, while other comprehensive income swung to a loss, adding volatility to total earnings.

## Revenue and Expense Trends

Revenue from operations rose to ₹2,683.63 crore, up 3.5% sequentially from ₹2,593.81 crore in the previous quarter. On a year-on-year basis, revenue increased 78% from ₹1,507.27 crore in the same quarter last year.

Total expenses climbed to ₹2,456.81 crore, a sequential rise of 5.5% from ₹2,328.88 crore. This outpaced revenue growth for the quarter. Over the last four quarters, sequential revenue growth rates were 9%, 31%, 21%, and 3.5%, while expense growth rates were 5.5%, 44%, 18%, and 5.5%. The current quarter marks the second time in this period that expenses grew faster than revenue, following a similar pattern in the third quarter of the prior fiscal year.

Year-on-year, expenses rose 89% from ₹1,299.78 crore, exceeding the 78% revenue growth and indicating margin pressure on an annual basis as well.

## Profitability and Segment Performance

Profit before tax (PBT) fell 10.8% sequentially to ₹262.30 crore from ₹294.14 crore, even as revenue increased. The PBT margin declined to 9.77% from 11.34% in the previous quarter.

Segment profit before tax also decreased, dropping 11.7% to ₹260.39 crore from ₹295.03 crore. The difference between segment PBT and reported PBT was ₹1.91 crore in the current quarter, compared to ₹0.89 crore in the prior quarter, indicating that the profit decline originated within the operating segments.

Over the past five quarters, PBT has fluctuated: ₹296.76 crore in Q2 FY26, ₹152.22 crore in Q3 (which included an exceptional item), ₹294.14 crore in Q4, and ₹262.30 crore in the current quarter. No exceptional items were recorded in Q1 FY27.

## Finance Costs

Finance costs declined marginally to ₹86.80 crore from ₹91.29 crore in the previous quarter, a reduction of 4.9%. However, they remained nearly double the ₹45.16 crore reported in Q1 FY26. As a percentage of revenue, finance costs edged up to 3.23% from approximately 3.00% a year earlier.

## Other Comprehensive Income

Other comprehensive income (OCI) swung to a loss of ₹13.23 crore in Q1, compared to a gain of ₹96.50 crore in the previous quarter. This ₹109.73 crore swing contributed to a decline in total comprehensive income to ₹194.05 crore from ₹320.49 crore. OCI has been volatile across recent quarters, ranging from a gain of ₹96.50 crore to a loss of ₹13.23 crore.

## Earnings Per Share and Capital Structure

Basic and diluted earnings per share from continuing operations were both ₹10.20, down 9.1% from ₹11.22 in the previous quarter. The identical basic and diluted EPS across all reported quarters indicates a simple capital structure without dilutive instruments.

## Management Commentary (Attributed)

In its Q1 filing announcement, management described the quarter as a strong start to FY27, with all geographies delivering robust performance. India recorded 17% year-over-year revenue growth, driven by higher patient footfall and a focus on high-end complex procedures. The Integrated Care ecosystem (clinics and insurance) is strengthening patient outreach and the hospital funnel. The Cayman business performed well, supported by the One Health insurance platform, while the UK business remained stable with integration progressing. The net debt to equity ratio stood at 0.42, with foreign currency debt of USD 115 million and GBP 150 million.

## Management Commentary

Management reported a strong start to FY27, with all geographies delivering robust performance. India saw solid revenue growth of 17% YoY driven by higher patient footfall and a focus on high-end complex procedures, while the expanding Integrated Care ecosystem (clinics and insurance) continues to enhance patient outreach and strengthen the funnel into hospitals. The Cayman business performed well, supported by the One Health insurance platform, and the UK business remained stable with integration progressing well. Management expressed confidence in delivering on expectations for the year, with net debt to equity at 0.42 and foreign currency debt of USD 115 million and GBP 150 million.

## Key Takeaway

Narayana Hrudayalaya’s first quarter saw revenue growth slow while expenses grew faster, leading to a contraction in profit margins. Finance costs remained high in absolute terms, though their share of revenue increased only slightly compared to a year ago. Other comprehensive income swung to a loss, introducing notable volatility into total comprehensive income. The core operating segments continued to generate profit, albeit at a lower level than the previous quarter.

### Ratios

## Official filings

- 2026-09-05 — Generic Announcement: Narayana Hrudayalaya Ltd. — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_13340_WebXMLFile_20260905_152240188.xml)
- 2026-09-05 — Generic Announcement: Narayana Hrudayalaya Ltd. — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_13340_WebXMLFile_20260905_153626864.xml)
- 2026-09-05 — Generic Announcement: Narayana Hrudayalaya Ltd. — [Official attachment](https://nsearchives.nseindia.com/corporate/Narayana_05092026170721_SENewspaperAdvertisementNHLPostalballot.pdf)
- 2026-09-04 — Generic Announcement: Narayana Hrudayalaya Ltd. — [Official attachment](https://nsearchives.nseindia.com/corporate/Narayana_04092026165455_SENoticeofPostalballotNHL040926.pdf)
- 2026-08-18 — Generic Announcement: Narayana Hrudayalaya Ltd. — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_13340_WebXMLFile_20260818_160725856.xml)
- 2026-08-18 — Generic Announcement: Narayana Hrudayalaya Ltd. — [Official attachment](https://nsearchives.nseindia.com/corporate/Narayana_18082026155608_Intimation_of_Schedule_of_Investor_Call-.pdf)
- 2026-08-17 — Generic Announcement: Narayana Hrudayalaya Ltd. — [Official attachment](https://nsearchives.nseindia.com/corporate/Narayana_17082026151321_SE-Scrutinizer_report_August_17_2026.pdf)
- 2026-08-14 — Generic Announcement: Narayana Hrudayalaya Ltd. — [Official attachment](https://nsearchives.nseindia.com/corporate/Narayana_14082026150056_rev_Proceedings_of_26th_AGM.pdf)
- 2026-08-07 — Generic Announcement: Narayana Hrudayalaya Limited will hold a group investor meeting on August 12, 2026, at 10:00 AM IST with representatives from Sundaram Mutual Fund, Premji Invest, Unifi Capital, Narnolia Financial Services, and EverFlow Partners. This meeting is organized by Ambit Capital and is subject to change. — [Official attachment](https://nsearchives.nseindia.com/corporate/Narayana_07082026163045_SE_Investors_meet_August_07_2026.pdf)
- 2026-08-05 — Official Filing: Narayana Hrudayalaya Ltd. will hold an institutional investor meet virtually on August 6, 2026, at 16:30 IST with American Century team members to discuss the company. Additionally, a one-on-one in-person meeting is scheduled for August 7, 2026, at 14:00 IST in Bangalore with ICICI Securities PMS team members to discuss NH's performance.
- 2026-08-04 — Generic Announcement: Narayana Hrudayalaya Ltd. — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_13340_WebXMLFile_20260804_120355894.xml)
- 2026-08-04 — Generic Announcement: Narayana Hrudayalaya Limited will hold an investor meeting with ICICI Securities PMS on Friday, August 07, 2026, at 2:00 P.M. IST. This meeting is scheduled as a one-on-one physical interaction and is subject to potential changes. — [Official attachment](https://nsearchives.nseindia.com/corporate/Narayana_04082026214524_SE_Investors_meet-August_07_2026_1.pdf)
- 2026-08-04 — Generic Announcement: Narayana Hrudayalaya Ltd. — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_13340_WebXMLFile_20260804_120412758.xml)
- 2026-08-04 — Generic Announcement: Narayana Hrudayalaya Limited will hold a one-to-one virtual meeting with American Century on August 06, 2026, at 04:30 P.M. (IST). This meeting is part of investor engagement activities as per SEBI regulations. — [Official attachment](https://nsearchives.nseindia.com/corporate/Narayana_04082026214314_SE_Investors_meet_August_06_2026.pdf)
- 2026-08-03 — Earnings Presentation: Narayana Hrudayalaya Limited submitted a revised investor presentation for the quarter ended June 30, 2026, on August 3, 2026. The presentation details Q1 FY27 financial performance, including consolidated operating revenues of ₹26,836 million, a 78.0% year-over-year increase, and consolidated EBITDA of ₹5,052 million. It also outlines operational highlights such as 2,137 cardiac surgeries performed and the introduction of new robotic surgical systems. — [Official attachment](https://nsearchives.nseindia.com/corporate/Narayana_03082026132353_SE_revised_Investors_presentation_1.pdf)
- 2026-08-03 — Generic Announcement: Narayana Hrudayalaya Limited uploaded an audio recording of its earnings call for the quarter ended June 30, 2026, on August 03, 2026. The recording is available on the company's website, and management addressed queries regarding the financial results and operations for the period. — [Official attachment](https://nsearchives.nseindia.com/corporate/Narayana_03082026212533_SE_audio_recordings_August_03_2026.pdf)
- 2026-08-02 — Generic Announcement: Narayana Hrudayalaya Limited published its un-audited standalone and consolidated financial results for the quarter ended June 30, 2026, in the Financial Express and Vijayavani newspapers on August 2, 2026. The filing includes key financial figures such as total income, net profit, net worth, and debt-to-equity ratio for the period. — [Official attachment](https://nsearchives.nseindia.com/corporate/Narayana_02082026221336_SE_Newspaper_publication_August_02_2026.pdf)
- 2026-07-31 — Press Release: Narayana Hrudayalaya Limited announced its Q1 FY27 financial results for the quarter ended June 30, 2026, reporting consolidated operating revenue of ₹ 26,836 Mn, a 78.0% year-over-year increase, and consolidated EBITDA of ₹ 5,052 Mn, up 40.0% year-over-year. The company will host a conference call on August 3, 2026, to discuss its performance. — [Official attachment](https://nsearchives.nseindia.com/corporate/Narayana_31072026194349_NHLpressrelease31072026.pdf)
- 2026-07-31 — Earnings Presentation: Narayana Hrudayalaya Limited has submitted an investor presentation for the quarter ended June 30, 2026. The company reported consolidated operating revenues of ₹26,836 million for Q1 FY27, a 78.0% year-over-year increase. Consolidated EBITDA was ₹5,052 million with a margin of 18.8%, and consolidated Profit After Tax (PAT) was ₹2,073 million with a margin of 7.7%. — [Official attachment](https://nsearchives.nseindia.com/corporate/Narayana_31072026193252_NHLInvestorpresentation.pdf)
- 2026-07-31 — Generic Announcement: On July 31, 2026, Narayana Hrudayalaya Limited's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026. The company reported a net profit of ₹1,378.55 million for the standalone entity and a net profit of ₹2,072.70 million from continuing operations for the consolidated entity for the same period. The company also disclosed an exceptional item of ₹452.76 million in the previous year related to the financial implications of new labor codes. — [Official attachment](https://nsearchives.nseindia.com/corporate/Narayana_31072026192610_OutcomeofBM31072026.pdf)
- 2026-07-30 — Generic Announcement: Narayana Hrudayalaya Limited dispatched letters on July 30, 2026, to shareholders without registered email addresses, providing web links to the FY 2025-26 Annual Report and the Notice for the 26th Annual General Meeting. The 26th AGM is scheduled for August 14, 2026, at 11:30 a.m. IST, to be held via Video Conferencing/Other Audio Visual Means. — [Official attachment](https://nsearchives.nseindia.com/corporate/Narayana_30072026164703_SE_letter_weblink_letter_July_30_2026.pdf)
- 2026-07-28 — Generic Announcement: Narayana Hrudayalaya Limited will host a conference call on August 03, 2026, at 03:00 p.m. IST to discuss the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board meeting to approve these results is scheduled for July 31, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/Narayana_28072026161916_SE_Investors_Call-_Q1_2026-27.pdf)
- 2026-07-27 — Official Filing: Narayana Hrudayalaya Ltd. will hold a board meeting on July 31, 2026, to consider unaudited standalone and consolidated financial results for the quarter ended June 2026. The trading window for the company's securities will be closed from July 1, 2026, to August 2, 2026.
- 2026-07-24 — Generic Announcement: Narayana Hrudayalaya Limited announced the electronic dispatch of its Annual Report for FY 2025-26 and the Notice for its 26th Annual General Meeting, scheduled for August 14, 2026. The AGM will be held via Video Conference/Other Audio Visual Means, with remote e-voting available from August 11 to August 13, 2026. The company also recommended a final dividend of Rs. 4.50 per equity share, subject to member approval. — [Official attachment](https://nsearchives.nseindia.com/corporate/Narayana_24072026142113_SENewspaperPublicationAGM.pdf)
- 2026-07-24 — Official Filing: Narayana Hrudayalaya Ltd. announced its 26th Annual General Meeting, scheduled for August 14, 2026, via video conference. Key agenda items include the adoption of audited standalone and consolidated financial statements for the fiscal year ending March 31, 2026, and the declaration of a final dividend of Rs. 4.50 per share. The meeting will also address the re-appointment of Dr. Kiran Mazumdar Shaw and Ms. Terri Smith Bresenham as directors, the ratification of remuneration for Cost Auditors M/s. PSV & Associates, and the revision of remuneration for Whole-time Directors Dr. Devi Prasad Shetty (up to Rs. 26.17 crore per annum), Mr. Viren Prasad Shetty (up to Rs. 6.61 crore per annum), and Managing Director & Group CEO Dr. Emmanuel Rupert (up to Rs. 11.33 crore per annum). Additionally, the company seeks approval to issue debt securities, including non-convertible debentures, up to Rs. 1,500 crore within one year.

## News and market events

- 2026-09-09 — MONEYCONTROL: **Trade Spotlight: How should you trade Marico, Narayana Hrudayalaya, Granules, Laurus Labs, Caplin Point, Tata Technologies, and others on September 9?** — Trade Spotlight — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-marico-narayana-hrudayalaya-granules-laurus-labs-caplin-point-tata-technologies-and-others-on-september-9-14025670.html)
- 2026-08-27 — BUSINESSTODAY: **IREDA, Ashok Leyland, SBI, Mazagon Dock, Narayana Hrudayalaya shares: Expert weighs in** — Mazagon Dock Shipbuilders, Narayana Hrudayalaya, IREDA, Ashok Leyland, State Bank of India, SBI shares, stock market, stock picks, Rachit Khandelwal, BNK Capital, Nifty50, stock recommendations — [Source](https://www.businesstoday.in/markets/stocks/story/ireda-ashok-leyland-sbi-mazagon-dock-narayana-hrudayalaya-shares-expert-weighs-in-551721-2026-08-27)
- 2026-08-25 — MONEYCONTROL: **Trade Spotlight: How should you trade Balaji Amines, Cochin Shipyard, United Spirits, Siemens, Muthoot Finance, PTC Industries, and others on August 25?** — Trade Spotlight, Buy Ideas,Top Buy Ideas,Top Picks,Stock Picks,Top Stock Picks,Share Tips,Share Market Tips,Stock Tips,Stock Market Tips,Narayana Hrudayalaya,Balaji Amines,Axis Bank,Cochin Shipyard,Tata Steel,Bank of India,United Spirits,Siemens,Chalet Hotels,Muthoot Finance,PTC Industries, — [Source](https://www.moneycontrol.com/news/business/markets/trade-spotlight-how-should-you-trade-balaji-amines-cochin-shipyard-united-spirits-siemens-muthoot-finance-ptc-industries-and-others-on-august-25-14014535.html)
- 2026-08-24 — CNBC-TV18: **Stocks To Buy: Kotak upgrades this healthcare stock with nearly 30% upside** — Kotak Institutional Equities has upgraded Narayana Hrudayalaya to ‘Buy’ with a target price of ₹2,350, implying nearly 29% upside from Friday’s close, citing strong hospital growth and improving prospects for its insurance businesses. — [Source](https://www.cnbctv18.com/market/stocks-to-buy-kotak-upgrades-narayana-hrudayalaya-with-nearly-30-pc-upside-19975653.htm)
- 2026-08-24 — BUSINESSTODAY: **UBS target lifts Apollo Tyres shares; Narayana Hrudayalaya rise after HSBC rating upgrade** — Apollo Tyres share price, Narayana Hrudayalaya share price, Apollo Tyres shares, Narayana Hrudayalaya shares — [Source](https://www.businesstoday.in/markets/stocks/story/ubs-target-lifts-apollo-tyres-shares-narayana-hrudayalaya-rise-after-hsbc-rating-upgrade-550892-2026-08-24)
- 2026-08-16 — Economic Times: **In private healthcare's rise, price points are a big pain** — In a recent proposal, a parliamentary committee has recommended that hospital room charges not exceed the rates of three-star hotels. The substantial growth of private healthcare as an industry has attracted considerable private equity investment, resulting in valuation spikes and shifts in ownership among hospital chains. However, this raises important questions about the accessibility of healthcare for the average person. — [Source](https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/in-private-healthcares-rise-price-points-are-a-big-pain/articleshow/133281484.cms)
- 2026-08-11 — BUSINESS: **Kotak Securities' top trading bets: Narayana Hrudayalaya, Mrs Bectors Food** — Shrikant Chouhan of Kotak Securities has recommended Narayana Hrudayalaya and Mrs Bectors Food Specialities as top picks for today. — [Source](https://www.business-standard.com/markets/news/kotak-securities-top-trading-bets-narayana-hrudayalaya-mrs-bectors-food-126081100092_1.html)
- 2026-07-30 — Economic Times: **Can Manipal Health IPO deliver long-term growth for high risk investors?** — Manipal Health Enterprises plans to raise ₹8,000 crore through a fresh issue for debt repayment and expansion. The company's revenue grew strongly in recent years, while margins faced pressure. Its occupancy rate declined, and geographic concentration is noted in Karnataka. The promoter group's stake will decrease after the initial public offering. Investors may consider waiting for post-listing clarity due to aggressive pricing. — [Source](https://economictimes.indiatimes.com/markets/ipos/fpos/can-manipal-health-ipo-deliver-long-term-growth-for-high-risk-investors/articleshow/132724295.cms)

## Business profile

**Strategic vision:** Delivering healthcare through technology and patient-centricity.

### Business segments
- **Hospital and Clinic Operations:** Operates a network of hospitals and clinics providing care across various specialties, including cardiology, multispeciality, and superspeciality services.

### Competitive strengths
- Advanced technology
- Trusted brand
- Skilled personnel
- Operational discipline
- Compassion

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/nh
Markdown representation: https://faxioms.com/stocks/nh?render=md