Header cover image

Indian (NIFTY) Healthcare Services Industry Analysis

UpdatedFeb 02, 2026
DataAggregated Company Financials
Companies89
  • 7D0.8%
  • 3M-13.6%
  • 1Y3.0%
  • YTD-5.9%

The Healthcare Services is pretty flat in the last 7 days, but Global Health has stood out, gaining 8.7%. As for the the longer term, the industry is up 3.0% over the past 12 months. Earnings are forecast to grow by 28% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 02 Feb 2026₹5.4t₹936.9b₹94.0b36.1x57.2x5.7x
Wed, 31 Dec 2025₹5.6t₹928.6b₹93.4b41.1x60x6x
Fri, 28 Nov 2025₹5.9t₹904.9b₹90.1b41.4x65.2x6.5x
Sun, 26 Oct 2025₹6.1t₹871.4b₹82.9b44.9x73.4x7x
Tue, 23 Sep 2025₹6.0t₹866.1b₹82.2b46.4x72.7x6.9x
Thu, 21 Aug 2025₹6.0t₹860.5b₹81.0b43.7x73.9x7x
Sat, 19 Jul 2025₹5.7t₹826.2b₹76.2b49.9x74.5x6.9x
Mon, 16 Jun 2025₹5.4t₹824.6b₹76.1b49.9x71.4x6.6x
Wed, 14 May 2025₹5.2t₹803.3b₹74.9b37.9x69.9x6.5x
Fri, 11 Apr 2025₹5.1t₹798.3b₹73.7b37.4x68.6x6.3x
Sun, 09 Mar 2025₹4.7t₹798.3b₹73.7b38.1x63.4x5.9x
Tue, 04 Feb 2025₹4.9t₹760.2b₹69.7b42.9x70x6.4x
Thu, 02 Jan 2025₹5.1t₹751.3b₹69.7b45.4x73.8x6.8x
Sat, 30 Nov 2024₹4.8t₹748.8b₹69.4b44.2x69.4x6.4x
Mon, 28 Oct 2024₹4.6t₹722.7b₹68.3b49.2x67.1x6.3x
Wed, 25 Sep 2024₹4.8t₹720.0b₹67.6b47.8x70.4x6.6x
Fri, 23 Aug 2024₹4.4t₹719.7b₹67.5b49.6x65.4x6.1x
Sun, 21 Jul 2024₹4.2t₹697.0b₹63.2b49.7x66.3x6x
Tue, 18 Jun 2024₹4.2t₹695.8b₹63.1b45.9x67x6.1x
Thu, 16 May 2024₹4.0t₹775.6b₹61.2b39.5x65.3x5.2x
Sat, 13 Apr 2024₹4.2t₹772.7b₹60.6b41.3x68.7x5.4x
Mon, 11 Mar 2024₹3.8t₹772.5b₹60.5b42.4x63.1x4.9x
Wed, 07 Feb 2024₹4.0t₹713.1b₹57.0b49.4x70x5.6x
Fri, 05 Jan 2024₹3.7t₹702.7b₹55.2b41.5x66.3x5.2x
Sun, 03 Dec 2023₹3.5t₹703.0b₹55.3b39.3x63.3x5x
Tue, 31 Oct 2023₹3.1t₹676.5b₹56.0b42.7x54.4x4.5x
Thu, 28 Sep 2023₹3.1t₹675.3b₹55.7b43x55.4x4.6x
Sat, 26 Aug 2023₹2.9t₹665.0b₹54.9b42.8x53x4.4x
Mon, 24 Jul 2023₹2.9t₹633.1b₹54.1b39.5x54.4x4.7x
Wed, 21 Jun 2023₹2.8t₹630.3b₹54.1b39.4x52.1x4.5x
Fri, 19 May 2023₹2.5t₹605.8b₹51.2b33.8x48.4x4.1x
Sun, 16 Apr 2023₹2.3t₹599.2b₹49.6b35x47.2x3.9x
Tue, 14 Mar 2023₹2.3t₹590.3b₹50.4b35.8x45.4x3.9x
Thu, 09 Feb 2023₹2.3t₹570.0b₹49.7b35.6x45.5x4x
Price to Earnings Ratio

45.5x


Total Market Cap: ₹2.3tTotal Earnings: ₹49.7bTotal Revenue: ₹570.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Healthcare Services Industry Price to Earnings3Y Average 63.3x202420252026
Current Industry PE
  • Investors are pessimistic on the Indian Healthcare industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 57.2x which is lower than its 3-year average PE of 63.3x.
  • The industry is trading close to its 3-year average PS ratio of 5.6x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 24% per year over the last three years.
  • Revenues for these companies have grown 18% 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-0.29%
Healthcare-0.29%
Healthcare Services0.78%
Healthcare Services0.87%
Healthcare Facilities0.83%
Managed Healthcare0%0
Healthcare Distributors-0.42%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry, which is trading close to its 3-year average PE ratio of 64.1x.
    • Analysts are expecting annual earnings growth of 29.1%, which is higher than its past year's earnings growth of 13.3% per year.
  • Investors are most pessimistic about the Healthcare Distributors industry, which is trading below its 3-year average of 61.4x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 32% 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
MEDANTA Global Health₹1.14k10.7%
+₹29.6b
9.4%PE54.6x
APOLLOHOSP Apollo Hospitals Enterprise₹6.93k1.9%
+₹18.8b
2.0%PE59.6x
LALPATHLAB Dr. Lal PathLabs₹1.42k3.0%
+₹6.9b
0.6%PE44.8x
YATHARTH Yatharth Hospital & Trauma Care Services₹603.109.5%
+₹5.0b
44.0%PE38.1x
METROPOLIS Metropolis Healthcare₹1.91k5.2%
+₹4.8b
8.7%PE62.5x

Latest News