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Indian (NIFTY) Healthcare Sector Analysis

UpdatedJun 17, 2025
DataAggregated Company Financials
Companies294
  • 7D1.5%
  • 3M8.8%
  • 1Y16.9%
  • YTD-3.1%

In the last week, the Healthcare industry is up 1.7%, with Max Healthcare Institute leading the way, up 4.4%. This means that the industry has gained 16% over the past year. Looking forward, earnings are forecast to grow by 17% annually.

Sector Valuation and Performance

Has the Indian Healthcare Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Jun 2025₹29.9t₹5.3t₹728.3b37x41.1x5.6x
Thu, 15 May 2025₹28.5t₹5.3t₹695.8b34.5x41x5.4x
Sat, 12 Apr 2025₹27.2t₹5.2t₹680.2b32.7x40x5.2x
Mon, 10 Mar 2025₹26.9t₹5.2t₹680.1b31.9x39.5x5.2x
Wed, 05 Feb 2025₹28.6t₹5.1t₹660.8b35.2x43.3x5.6x
Fri, 03 Jan 2025₹30.4t₹5.0t₹648.5b39.6x46.9x6x
Sun, 01 Dec 2024₹28.8t₹5.0t₹642.9b38.7x44.8x5.8x
Tue, 29 Oct 2024₹28.6t₹4.9t₹608.5b39.9x46.9x5.8x
Thu, 26 Sep 2024₹29.3t₹4.9t₹605.3b42.1x48.4x6x
Sat, 24 Aug 2024₹27.9t₹4.9t₹602.6b38.5x46.3x5.7x
Mon, 22 Jul 2024₹25.1t₹4.7t₹555.3b37.2x45.2x5.4x
Wed, 19 Jun 2024₹24.2t₹4.6t₹546.3b36x44.4x5.2x
Fri, 17 May 2024₹23.2t₹4.7t₹532.6b35.5x43.5x5x
Sun, 14 Apr 2024₹23.0t₹4.6t₹512.8b34.7x44.8x5x
Tue, 12 Mar 2024₹22.8t₹4.6t₹512.5b33.9x44.4x5x
Thu, 08 Feb 2024₹22.6t₹4.5t₹495.7b38.5x45.6x5.1x
Sat, 06 Jan 2024₹21.2t₹4.4t₹476.9b36.5x44.5x4.8x
Mon, 04 Dec 2023₹19.7t₹4.4t₹476.1b33.3x41.4x4.5x
Wed, 01 Nov 2023₹17.6t₹4.3t₹456.5b31.1x38.5x4.1x
Fri, 29 Sep 2023₹17.9t₹4.3t₹451.6b32.4x39.7x4.2x
Sun, 27 Aug 2023₹17.7t₹4.2t₹450.7b31x39.3x4.2x
Tue, 25 Jul 2023₹17.1t₹4.1t₹425.6b29.3x40.1x4.2x
Thu, 22 Jun 2023₹16.0t₹4.1t₹425.6b28.4x37.7x3.9x
Sat, 20 May 2023₹14.3t₹4.0t₹405.6b28x35.4x3.6x
Mon, 17 Apr 2023₹13.8t₹3.9t₹373.0b26.5x36.9x3.6x
Wed, 15 Mar 2023₹13.0t₹3.9t₹373.6b25.2x34.7x3.4x
Fri, 10 Feb 2023₹13.5t₹3.8t₹381.2b26.2x35.5x3.5x
Sun, 08 Jan 2023₹13.9t₹3.7t₹377.3b28.5x36.8x3.7x
Tue, 06 Dec 2022₹14.3t₹3.7t₹377.5b29.4x38x3.9x
Thu, 03 Nov 2022₹14.7t₹3.6t₹362.8b25.3x40.4x4.1x
Sat, 01 Oct 2022₹13.8t₹3.6t₹361.5b25.4x38.3x3.9x
Mon, 29 Aug 2022₹13.5t₹3.6t₹361.4b23.8x37.4x3.8x
Wed, 27 Jul 2022₹13.2t₹3.5t₹375.3b22.5x35.3x3.7x
Fri, 24 Jun 2022₹12.7t₹3.5t₹375.7b21.5x33.9x3.6x
Price to Earnings Ratio

33.9x


Total Market Cap: ₹12.7tTotal Earnings: ₹375.7bTotal Revenue: ₹3.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Healthcare Sector Price to Earnings3Y Average 40.9x202320242025
Current Industry PE
  • Investors are relatively neutral on the Indian Healthcare industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 40.9x.
  • The 3-year average PS ratio of 4.6x is lower than the industry's current PS ratio of 5.6x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 25% per year over the last three years.
  • Revenues for these companies have grown 15% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indian Healthcare sector?

IN Market-1.05%
Healthcare1.48%
Biotech4.89%
Healthtech4.58%
Healthcare Services2.55%
Life Sciences1.81%
Pharma1.08%
Medical Equipment-2.57%
Industry PE
  • Investors are most optimistic about the Life Sciences industry which is trading above its 3-year average PE ratio of 64.1x.
    • Analysts are expecting annual earnings growth of 22.9%, which is lower than the prior year's growth of 28.4% per year.
  • Investors are most pessimistic about the Pharma industry, which is trading close to its 3-year average of 37.2x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Pharma industry is expected to see its earnings grow by 14% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
543220 Max Healthcare Institute₹1.25k4.4%
+₹51.5b
34.3%PE112.7x
WOCKPHARMA Wockhardt₹1.80k19.5%
+₹47.8b
216.0%PS9.7x
500420 Torrent Pharmaceuticals₹3.28k3.1%
+₹33.5b
13.7%PE58.1x
NH Narayana Hrudayalaya₹1.93k8.0%
+₹29.0b
56.3%PE49.8x
ERIS Eris Lifesciences₹1.85k12.9%
+₹28.8b
83.2%PE71.5x
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Latest News

PPLPHARMA

₹199.25

Piramal Pharma

7D

-5.6%

1Y

26.2%

500420

₹3,278.40

Torrent Pharmaceuticals

7D

3.1%

1Y

13.7%

APLLTD

₹971.00

Alembic Pharmaceuticals

7D

-1.9%

1Y

9.3%

WOCKPHARMA

₹1,803.90

Wockhardt

7D

19.5%

1Y

216.0%

GLENMARK

₹1,683.40

Glenmark Pharmaceuticals

7D

5.3%

1Y

36.1%

COHANCE

₹993.50

Cohance Lifesciences

7D

-3.3%

1Y

38.1%

532482

₹516.10

Granules India

7D

-3.9%

1Y

11.8%

SUNPHARMA

₹1,685.30

Sun Pharmaceutical Industries

7D

-0.5%

1Y

11.2%

ONESOURCE

₹2,165.90

OneSource Specialty Pharma

7D

12.0%

1Y

n/a

543220

₹1,247.00

Max Healthcare Institute

7D

4.4%

1Y

34.3%

500660

₹3,366.50

GlaxoSmithKline Pharmaceuticals

7D

-0.9%

1Y

26.4%

531768

₹2,195.45

Poly Medicure

7D

-3.4%

1Y

10.9%