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Indian (NIFTY) Healthcare Services Industry Analysis

UpdatedDec 16, 2025
DataAggregated Company Financials
Companies83
  • 7D0.3%
  • 3M-6.4%
  • 1Y3.7%
  • YTD4.5%

The Healthcare Services is pretty flat in the last 7 days, but Jeena Sikho Lifecare has stood out, gaining 10%. The past year has been better, since the industry has gained 3.7% in that time. As for the next few years, earnings are expected to grow by 28% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Dec 2025₹5.7t₹928.2b₹93.3b40.3x60.8x6.1x
Fri, 14 Nov 2025₹5.8t₹895.2b₹86.8b41.1x67.3x6.5x
Sun, 12 Oct 2025₹6.0t₹871.0b₹82.7b44.1x73.1x6.9x
Tue, 09 Sep 2025₹5.9t₹860.5b₹81.0b46.4x72.3x6.8x
Thu, 07 Aug 2025₹5.8t₹832.9b₹77.0b46.4x74.8x6.9x
Sat, 05 Jul 2025₹5.7t₹826.5b₹76.2b49.4x75.1x6.9x
Mon, 02 Jun 2025₹5.2t₹829.6b₹76.3b43x68.2x6.3x
Wed, 30 Apr 2025₹5.1t₹799.2b₹74.4b39.2x69.1x6.4x
Fri, 28 Mar 2025₹4.9t₹798.3b₹73.7b37.7x67.1x6.2x
Sun, 23 Feb 2025₹4.7t₹798.3b₹73.7b37x64x5.9x
Tue, 21 Jan 2025₹4.8t₹751.4b₹69.7b44.2x69.5x6.4x
Thu, 19 Dec 2024₹5.2t₹751.4b₹69.7b44.5x74.1x6.9x
Sat, 16 Nov 2024₹4.7t₹749.1b₹70.6b40.5x67.1x6.3x
Mon, 14 Oct 2024₹4.7t₹720.0b₹67.6b45.7x69x6.5x
Wed, 11 Sep 2024₹4.6t₹720.1b₹67.6b44.5x67.4x6.3x
Fri, 09 Aug 2024₹4.3t₹706.9b₹65.8b47.7x65x6x
Sun, 07 Jul 2024₹4.2t₹696.9b₹63.3b49x66.6x6x
Tue, 04 Jun 2024₹3.9t₹690.5b₹61.4b39.3x62.9x5.6x
Thu, 02 May 2024₹4.0t₹772.8b₹60.6b37.3x66.6x5.2x
Sat, 30 Mar 2024₹4.0t₹772.6b₹60.6b36.4x65.7x5.2x
Mon, 26 Feb 2024₹4.3t₹766.9b₹60.0b43.9x71x5.6x
Wed, 24 Jan 2024₹3.8t₹708.4b₹55.9b41.6x68x5.4x
Fri, 22 Dec 2023₹3.5t₹703.0b₹55.3b41.7x62.7x4.9x
Sun, 19 Nov 2023₹3.3t₹702.3b₹55.3b39.6x60.4x4.8x
Tue, 17 Oct 2023₹3.1t₹675.8b₹55.9b45.5x56.2x4.7x
Thu, 14 Sep 2023₹3.0t₹665.4b₹54.9b44.6x54.2x4.5x
Sat, 12 Aug 2023₹2.8t₹650.5b₹56.7b41.4x50x4.4x
Mon, 10 Jul 2023₹2.9t₹630.5b₹54.1b40.1x54x4.6x
Wed, 07 Jun 2023₹2.6t₹629.0b₹54.0b36.1x48.5x4.2x
Fri, 05 May 2023₹2.4t₹599.2b₹49.6b33.6x48.1x4x
Sun, 02 Apr 2023₹2.3t₹599.3b₹49.7b31.3x45.8x3.8x
Tue, 28 Feb 2023₹2.3t₹590.3b₹50.4b35.5x44.9x3.8x
Thu, 26 Jan 2023₹2.3t₹567.5b₹49.4b36.2x46.2x4x
Sat, 24 Dec 2022₹2.4t₹565.3b₹49.3b35.8x47.8x4.2x
Price to Earnings Ratio

47.8x


Total Market Cap: ₹2.4tTotal Earnings: ₹49.3bTotal Revenue: ₹565.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Healthcare Services Industry Price to Earnings3Y Average 62.8x202320242025
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 62.8x.
  • The 3-year average PS ratio of 5.6x is lower than the industry's current PS ratio of 6.2x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 22% 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 Market1.22%
Healthcare0.71%
Healthcare Services0.27%
Healthcare Distributors1.75%
Healthcare Facilities0.46%
Managed Healthcare0%0
Healthcare Services-1.41%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry, which is trading close to its 3-year average PE ratio of 63.4x.
    • Analysts are expecting annual earnings growth of 28.5%, which is higher than its past year's earnings growth of 8.4% per year.
  • Investors are most pessimistic about the Healthcare Distributors industry, which is trading below its 3-year average of 60.5x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 33% over the next 5 years.
  • This is better than its past earnings growth rate of 25% 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
JSLL Jeena Sikho Lifecare₹751.1010.0%
+₹8.5b
61.9%PE58.9x
FORTIS Fortis Healthcare₹875.001.3%
+₹8.4b
27.4%PE65.1x
539871 Thyrocare Technologies₹458.456.6%
+₹4.5b
38.5%PE57.2x
HCG HealthCare Global Enterprises₹721.503.3%
+₹3.3b
36.6%PE287.7x
INDRAMEDCO Indraprastha Medical₹489.156.4%
+₹2.7b
-2.8%PE25.7x

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