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Indian (NIFTY) Healthcare Services Industry Analysis

UpdatedApr 16, 2024
DataAggregated Company Financials
Companies13
  • 7D0.9%
  • 3M-0.2%
  • 1Y35.7%
  • YTDn/a

The Healthcare Services industry is up 2.9% in the last week, with Dr. Lal PathLabs up 1.3%. In the same time, Krsnaa Diagnostics was down 5.2%. In the last 12 months, the industry was up 37%. Looking forward, earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Apr 2024₹422.2b₹54.4b₹7.5b33x56.5x7.8x
Thu, 14 Mar 2024₹377.9b₹54.4b₹7.5b30.8x50.6x7x
Sat, 10 Feb 2024₹425.8b₹53.9b₹7.5b35.7x56.9x7.9x
Mon, 08 Jan 2024₹445.2b₹53.0b₹7.1b37.1x62.3x8.4x
Wed, 06 Dec 2023₹440.8b₹53.0b₹7.1b33.7x61.7x8.3x
Fri, 03 Nov 2023₹404.1b₹51.5b₹6.7b32.8x59.9x7.8x
Sun, 01 Oct 2023₹400.1b₹51.3b₹6.7b31.3x60x7.8x
Tue, 29 Aug 2023₹359.8b₹51.3b₹6.7b27.6x54x7x
Thu, 27 Jul 2023₹371.9b₹50.3b₹6.4b21.7x58.2x7.4x
Sat, 24 Jun 2023₹346.3b₹50.3b₹6.4b24.4x54.2x6.9x
Mon, 22 May 2023₹312.9b₹50.1b₹6.5b20.4x48.4x6.2x
Wed, 19 Apr 2023₹311.7b₹50.0b₹6.5b20.4x47.9x6.2x
Fri, 17 Mar 2023₹300.8b₹50.0b₹6.5b19.2x46.2x6x
Sun, 12 Feb 2023₹319.7b₹49.9b₹6.7b21x47.9x6.4x
Tue, 10 Jan 2023₹346.3b₹49.6b₹6.8b22x50.7x7x
Thu, 08 Dec 2022₹381.8b₹49.6b₹6.8b22.8x55.9x7.7x
Sat, 05 Nov 2022₹414.4b₹49.6b₹7.9b24.1x52.4x8.4x
Mon, 03 Oct 2022₹396.7b₹49.6b₹7.9b24x50.1x8x
Wed, 31 Aug 2022₹375.9b₹49.6b₹7.9b23.5x47.5x7.6x
Fri, 29 Jul 2022₹347.5b₹51.5b₹9.6b17.7x36.4x6.7x
Sun, 26 Jun 2022₹331.2b₹51.5b₹9.6b21.5x34.7x6.4x
Tue, 24 May 2022₹350.5b₹51.0b₹9.5b22.9x36.8x6.9x
Thu, 21 Apr 2022₹466.5b₹50.6b₹9.9b23.4x47.3x9.2x
Sat, 19 Mar 2022₹439.4b₹50.6b₹9.9b21.4x44.5x8.7x
Mon, 14 Feb 2022₹484.2b₹50.7b₹9.8b26x49.2x9.6x
Wed, 12 Jan 2022₹610.1b₹49.4b₹11.9b24.3x51.2x12.4x
Fri, 10 Dec 2021₹601.4b₹49.4b₹11.9b25.1x50.5x12.2x
Sun, 07 Nov 2021₹600.8b₹47.7b₹11.1b28.8x54x12.6x
Tue, 05 Oct 2021₹603.8b₹47.1b₹11.0b29.7x54.8x12.8x
Thu, 02 Sep 2021₹588.6b₹43.3b₹10.2b25.4x58x13.6x
Sat, 31 Jul 2021₹511.8b₹39.3b₹8.3b36.3x61.6x13x
Tue, 04 May 2021₹421.4b₹32.8b₹5.9b31x71.1x12.9x
Price to Earnings Ratio

71.1x


Total Market Cap: ₹421.4bTotal Earnings: ₹5.9bTotal Revenue: ₹32.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Healthcare Services Industry Price to Earnings3Y Average 52.6x202220232024
Current Industry PE
  • Investors are optimistic on the Indian Healthcare Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 57.5x which is higher than its 3-year average PE of 52.6x.
  • The 3-year average PS ratio of 8.8x is higher than the industry's current PS ratio of 7.9x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Services industry have grown 8.0% 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 Comparison

How does Indian Healthcare Services compare with similar industries?

IN Market-1.72%
Healthcare-2.35%
Healthcare Services0.094%
Healthcare Services0.91%
Healthcare Distributors3.17%
Managed Healthcare0%
Healthcare Facilities-0.0081%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
LALPATHLAB Dr. Lal PathLabs₹2.32k1.4%
+₹2.6b
22.2%PE58.4x
METROPOLIS Metropolis Healthcare₹1.78k0.5%
+₹497.8m
37.2%PE73x
539871 Thyrocare Technologies₹627.050.8%
+₹275.4m
26.7%PE50.7x
514330 One Global Service Provider₹78.102.0%
+₹11.1m
147.2%PE15.5x
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Latest News

516110

₹7.93

Family Care Hospitals

7D

-3.2%

1Y

-33.4%

METROPOLIS

₹1,777.60

Metropolis Healthcare

7D

0.5%

1Y

37.2%

514330

₹78.10

One Global Service Provider

7D

2.0%

1Y

147.2%

539871

₹627.05

Thyrocare Technologies

7D

0.8%

1Y

26.7%

NIDAN

₹27.65

Nidan Laboratories and Healthcare

7D

-6.0%

1Y

-29.6%

542918

₹20.41

Gian Life Care

7D

-2.6%

1Y

-11.2%

526504

₹2.30

Dolphin Medical Services

7D

-5.0%

1Y

45.6%

540788

₹30.08

Aspira Pathlab & Diagnostics

7D

-6.8%

1Y

-6.0%

526783

₹3,264.40

Dr. Agarwal's Eye Hospital

7D

-2.3%

1Y

185.4%