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Indian (NIFTY) Healthcare Services Industry Analysis

UpdatedAug 12, 2025
DataAggregated Company Financials
Companies77
  • 7D0.9%
  • 3M11.1%
  • 1Y32.3%
  • YTD9.9%

Over the last 7 days, the Healthcare Services industry has remained flat, although notably Fortis Healthcare gained 7.3%. The past year has been better, since the industry has gained 32% in that time. Looking forward, earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

Has the Indian Healthcare Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 12 Aug 2025₹5.8t₹844.7b₹78.7b46.1x73.9x6.9x
Thu, 10 Jul 2025₹5.7t₹826.2b₹76.2b50.3x74.7x6.9x
Sat, 07 Jun 2025₹5.3t₹826.0b₹76.3b45x69.9x6.4x
Mon, 05 May 2025₹5.1t₹799.2b₹74.4b39.2x68.6x6.4x
Wed, 02 Apr 2025₹5.0t₹798.3b₹73.7b39.4x67.8x6.3x
Fri, 28 Feb 2025₹4.7t₹798.3b₹73.7b37.4x63.2x5.8x
Sun, 26 Jan 2025₹4.8t₹751.7b₹69.8b43.2x68.3x6.3x
Tue, 24 Dec 2024₹5.1t₹751.5b₹69.7b43.4x72.7x6.7x
Thu, 21 Nov 2024₹4.7t₹748.6b₹69.4b42.6x68.1x6.3x
Sat, 19 Oct 2024₹4.7t₹720.0b₹67.6b47.3x69.2x6.5x
Mon, 16 Sep 2024₹4.6t₹720.0b₹67.6b43.2x68.6x6.4x
Wed, 14 Aug 2024₹4.3t₹709.6b₹66.1b47x64.7x6x
Fri, 12 Jul 2024₹4.2t₹697.0b₹63.2b48.9x66.5x6x
Sun, 09 Jun 2024₹4.0t₹695.2b₹63.1b43.9x63.7x5.8x
Tue, 07 May 2024₹4.0t₹772.8b₹60.6b39.1x66.9x5.2x
Thu, 04 Apr 2024₹4.0t₹772.7b₹60.6b39.1x66.4x5.2x
Sat, 02 Mar 2024₹3.9t₹770.9b₹60.5b42.9x64.8x5.1x
Mon, 29 Jan 2024₹3.8t₹708.7b₹56.0b43x67.5x5.3x
Wed, 27 Dec 2023₹3.5t₹703.0b₹55.3b41.7x63.9x5x
Fri, 24 Nov 2023₹3.4t₹702.7b₹55.2b41.4x60.9x4.8x
Sun, 22 Oct 2023₹3.1t₹676.2b₹56.0b43.8x55.6x4.6x
Tue, 19 Sep 2023₹3.1t₹674.9b₹55.6b45.1x55.2x4.6x
Thu, 17 Aug 2023₹2.8t₹664.4b₹54.8b42.6x52x4.3x
Sat, 15 Jul 2023₹3.0t₹630.6b₹54.1b41.9x54.5x4.7x
Mon, 12 Jun 2023₹2.7t₹629.3b₹54.0b37.8x49.3x4.2x
Wed, 10 May 2023₹2.4t₹599.8b₹49.7b33.4x48.1x4x
Fri, 07 Apr 2023₹2.2t₹599.3b₹49.7b33.6x45.1x3.7x
Sun, 05 Mar 2023₹2.3t₹590.4b₹50.4b39.7x45.3x3.9x
Tue, 31 Jan 2023₹2.3t₹567.6b₹49.4b34.6x45.7x4x
Thu, 29 Dec 2022₹2.4t₹565.3b₹49.3b37.1x48x4.2x
Sat, 26 Nov 2022₹2.4t₹565.3b₹49.3b35.1x49x4.3x
Mon, 24 Oct 2022₹2.2t₹524.8b₹45.0b29x49x4.2x
Wed, 21 Sep 2022₹2.2t₹525.0b₹44.9b29.4x49.6x4.2x
Fri, 19 Aug 2022₹2.1t₹523.7b₹44.7b26.9x47.1x4x
Price to Earnings Ratio

47.1x


Total Market Cap: ₹2.1tTotal Earnings: ₹44.7bTotal Revenue: ₹523.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Healthcare Services Industry Price to Earnings3Y Average 60.2x202320242025
Current Industry PE
  • Investors are optimistic on the Indian Healthcare industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 73.9x which is higher than its 3-year average PE of 60.2x.
  • The 3-year average PS ratio of 5.3x is lower than the industry's current PS ratio of 6.9x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 17% 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 industry?

IN Market-1.17%
Healthcare-1.91%
Healthcare Services0.94%
Healthcare Facilities1.10%
Healthcare Services0.85%
Managed Healthcare0%0
Healthcare Distributors-4.96%
Industry PE
  • Investors are most optimistic about the Healthcare Distributors industry which is trading above its 3-year average PE ratio of 54.3x.
    • Analysts are expecting annual earnings growth of 34.2%, which is higher than its past year's earnings growth of 22.1% per year.
  • Investors are most pessimistic about the Healthcare Services industry, which is trading close to its 3-year average of 56.7x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 34% over the next 5 years.
  • This is better than its past earnings growth rate of 22% per year.
  • In contrast, the Healthcare Services industry is expected to see its earnings grow by 19% 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
FORTIS Fortis Healthcare₹931.657.3%
+₹48.1b
80.2%PE81x
MEDANTA Global Health₹1.38k4.0%
+₹14.4b
27.2%PE69.5x
HCG HealthCare Global Enterprises₹671.359.0%
+₹7.7b
88.5%PE252.4x
LALPATHLAB Dr. Lal PathLabs₹3.26k1.9%
+₹5.1b
-0.02%PE53x
RAINBOW Rainbow Children's Medicare₹1.54k2.3%
+₹3.5b
27.9%PE60.7x

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