Narayana Hrudayalaya Results Analysis

Operating Revenue for Q2FY26 is Rs. 1,644 Crs., 20.3% growth YoY, Total Income is Rs. 1,668 Crs., 20% growth YoY, EBITDA is Rs. 426 Crs., 28.3% growth YoY, EBITDA Margin is 25.57% improved by 167 Basis points YoY, PBT Rs. 295 Crs., 27% growth YoY, PAT Rs. 258 Crs. 29.6% growth YoY. On QoQ basis Op. Revenue is up by 9%, Total Income is up by 8.9%, EBITDA is also up by 18.2%, EBITDA Margins also improved by 201 basis points, PBT is up by 28% and PAT is also up by 31.75%. India reported ~20% EBITDA growth in Q2. CGHS Tariff Hike : Roughly INR 2 to 2.5 crore per month” from pure CGHS; higher if PSUs follow. CapEx visibility remains intact; expect heavier cash outflows in Q3 with minor FY-end spillover. Company is targeting to expand to 7600+ Bed by FY30 from its Current Bed Capacity of 5,750 as on 30-09-2025.