
Narayana Hrudayalaya reported a 3% year-on-year (YoY) rise in consolidated net profit to ₹197 crore for the March 2025 quarter. That’s not a blockbuster jump—but in a sector where stability matters more than sparkle, this was enough to push the stock up by 8.4%.
The profit before tax stood at ₹253.02 crore, marking a healthy 13.86% rise from ₹222.22 crore in the same quarter last year.

What does this mean for the average person?
It signals that India’s hospital sector is not just surviving—it’s expanding, modernizing, and thriving. Narayana Hrudayalaya, one of India’s leading healthcare providers, is turning patient care into profitable, scalable business.
The company’s model shows how clinical excellence, when paired with strategic expansion, can generate real results—not just in lives saved, but in balance sheets that breathe easy.
Strong Q4, Stronger Story
India revenue touched ₹1,108.8 crore, up 10.66% YoY. But the bigger leap came from across the seas—Cayman Islands revenue soared by 50.2% to ₹379.7 crore. The company’s overseas bet is clearly paying off.
Consolidated EBITDA jumped by 22.17% to ₹384.6 crore, with margins ticking up to 26.1% from 25.3% last year. Meanwhile, net debt remained low at ₹533 crore, with a net debt-to-equity ratio of just 0.15. That means NH isn’t over-leveraged—always a good sign in healthcare.
Also Read Gold Prices Ease as Trump Delays EU Tariffs, But Uncertainty Lingers
Margins: A Mixed Bag
While EBITDA margin improved, the net profit margin slipped from 14.91% to 13.30%. Operating margin too dipped slightly. But that didn’t spook investors—strong top-line growth and confidence from management kept the mood buoyant.
Dr. Emmanuel Rupert, NH’s Group CEO, said the company hit record revenues and margins at both quarterly and annual levels. He highlighted gains in both flagship and regional hospitals, along with growing traction in the integrated care business. The Camana Bay hospital in the Cayman Islands is now fully operational and contributing significantly.
“We are confident that the region will deliver strong growth,” he noted.
What’s next? More growth, more debt—smartly done.
The board recommended a final dividend of ₹4.50 per share and plans to raise up to ₹1,500 crore via debt securities, including non-convertible debentures (NCDs). These could be issued in Indian or foreign currency. It’s a bold move—but with strong fundamentals, NH may just pull it off.
This is not just about earnings. It’s about a homegrown healthcare company scaling globally, managing debt responsibly, and balancing profitability with purpose.
Narayana Hrudayalaya isn’t just treating patients—it’s treating investors to a lesson in sustainable growth.
Also Read Sensex Soars Over 600 Points, Nifty Breaches 25,000 as Banks and Midcaps Lead the Charge