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NEPHROCARE HEALTH SERV L

NEPHROPLUSNSE
Market snapshot · 2026-08-11 04:30 UTC

703.35

+₹5.65 (+0.81%)

MARKET CAP

₹7.07K Cr

STOCK P/E

86.6x

52W HIGH

₹769.75

52W LOW

₹446.00

BOOK VALUE

₹111.27

EPS

₹8.12

ROE

9.04%

SECTOR

Health Care

DEBT/EQUITY

7.14

VOLUME

35,772

P/B RATIO

6.32x

PEG RATIO

859.20

Sector

Health Care

Themes

Hospitals & Diagnostic Centres
₹748.15₹673.40₹598.65₹523.90₹449.15VolumeDec '25Jan '26Feb '26Mar '26Apr '26Jun '26Jul '26Aug '26

AI Summary

✦ Clartha

Nephrocare Health Services is a dialysis healthcare provider operating kidney-care clinics and dialysis centers. In-clinic dialysis drives its core revenue, while dialysis on call, home hemodialysis, holiday dialysis, and dialysis on wheels extend access across India, Uzbekistan, Nepal, and the Philippines. Revenue grew 32.9% year-on-year, but investor roadshows and approved insider share-sale plans may influence sentiment more than operations. Improving margins support earnings quality, although 14.5% profit growth trails revenue growth and ROE remains modest at 9.0%. Debt/equity of 7.14 indicates significant leverage, which can amplify ROE while increasing financial risk. At 86.7 times earnings, the shares appear rich and trade at a premium to current profit growth. The key open questions are whether margin improvement can continue and whether heavy leverage constrains expansion.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for NEPHROPLUS.

4.00 analysts

Price Forecast

Current
₹703.70
High Target
₹1,000
▲ +42.1%
Median Target
₹712.50
▲ +1.3%
Low Target
₹660.00
▼ -6.2%
Now₹703.70High ₹1,000Median ₹712.50Low ₹660.00Dec '25Now12M Target
Price history (1Y)
Analyst target range
4 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹559.92 - ₹971.6380%
6M₹523.57 - ₹1,14280%
12M₹489.46 - ₹1,47480%
Realized vol: +43.0% · Drift: +28.1%

Revenue Forecast

₹ Cr
Mar '26Current₹164.0
Sep 2026 ETrend estimate range
High₹200.2Base₹185.4Low₹170.6
Mar '25: ₹145.0 · Sep '25: ₹156.0 · Dec '25: ₹161.0 · Mar '26: ₹164.0 · Sep '26: ₹185.4 · Dec '26: ₹191.3
Mar '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E145.0156.0161.0164.0185.4191.3
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Mar '26Current₹1.09
Sep 2026 ETrend estimate range
High₹-14.05Base₹-12.54Low₹-11.04
Mar '25: ₹27.20 · Sep '25: ₹-17.92 · Dec '25: ₹0.84 · Mar '26: ₹1.09 · Sep '26: ₹-12.54 · Dec '26: ₹0.59
Mar '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E27.20-17.920.841.09-12.540.59
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
52%
Analyst Consensus
Unavailable

From 4 analysts

Mean upside+9.6%

Fundamentals

Weakening

Fundamentals institutional score is 42 using EVA spread proxy -3.0%; growth durability 59.4.

Valuation

Premium valuation

Valuation institutional score is 40 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 53 using mean target upside 9.6%; dispersion penalty 17.6; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 75 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 2 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. technical structure provide support, while fundamentals and valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Premium valuationAnalyst Consensus NeutralTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price771.3 target
Mean Upside+9.6%
Technical Score75%
Fundamental Score42%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 23.7% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +1.43). Confidence: 87%.

Live forward EPS implies next-12-month EPS of ₹20.39. Applying the stock's normalized valuation corridor produces a fair range of ₹1,328.20 to ₹1,640.99, with base value near ₹1,415.88 (+102.9% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹20.39

Forward P/E

34.2x

Base Fair Value

₹1,415.88

Fair Range

₹1,328.20 - ₹1,640.99

Upside To Base

+102.9%

Estimate Source

Live forward EPS

Growth Estimate

+0.1%

P/E
Strongly Overvalued

5Y Average

74.09

Current

85.92

Overvalued

80.48

Undervalued

65.14

EV/EBITDA
Strongly Overvalued

5Y Average

26.81

Current

31.09

Overvalued

30.23

Undervalued

23.57

P/S
Overvalued

5Y Average

6.06

Current

7.02

Overvalued

6.97

Undervalued

5.15

Peers & Comparison

Sector: Health Care · Theme: Hospitals & Diagnostic Centres

Hospitals & Diagnostic Centres Peers8 peers
Avg P/E: 70.3x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
METROPOLIS HEALTHCARE LTD
METROPOLISHospitals & Diagnostic Centres
+16.6%11.8%
58.9x
Undervalued
-16% vs avg
+7.6%
VIJAYA DIAGNOSTIC CEN LTD
VIJAYAHospitals & Diagnostic Centres
+26.6%21.2%
83.0x
Premium
+18% vs avg
+28.0%
PARK MEDI WORLD LIMITED
PARKHOSPSHospitals & Diagnostic Centres
+19.3%16.1%
45.7x
Undervalued
-35% vs avg
+95.4%
JUPITER LIFE LINE HOSP L
JLHLHospitals & Diagnostic Centres
+18.2%12.0%
55.6x
Undervalued
-21% vs avg
+12.9%
THYROCARE TECH LTD
THYROCAREHospitals & Diagnostic Centres
+24.3%20.1%
54.8x
Undervalued
-22% vs avg
+38.2%
YATHARTH HOSP & TRA C S L
YATHARTHHospitals & Diagnostic Centres
+44.2%14.2%
50.0x
Undervalued
-29% vs avg
+23.8%
KRISHNA INST OF MED SCI L
KIMSHospitals & Diagnostic Centres
+35.3%4.8%
159.7x
Premium
+127% vs avg
+10.2%
RAINBOW CHILDRENS MED LTD
RAINBOWHospitals & Diagnostic Centres
+33.2%15.7%
54.4x
Undervalued
-23% vs avg
+1.2%
WHY THESE PEERS

NEPHROCARE HEALTH SERV L trades at a premium (86.9x vs peer avg 70.3x), implying higher growth or quality expectations from the Hospitals & Diagnostic Centres cohort. Peers include METROPOLIS HEALTHCARE LTD, VIJAYA DIAGNOSTIC CEN LTD, PARK MEDI WORLD LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹164 CrMar 2026

Latest net profit

₹11 CrMar 2026

Latest EPS

₹1.09Mar 2026

Net margin

13.0%Mar 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.0%4.0%8.0%12.0%16.0%-55 Cr0.00 Cr55 Cr110 Cr165 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.00 Cr45 Cr90 Cr135 Cr180 Cr₹-30₹-15₹0₹15₹30
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr45 Cr90 Cr135 Cr180 Cr

Latest reported period: Mar 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-400 Cr0.00 Cr400 Cr800 Cr1.20K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricDec 2024Mar 2025Sep 2025Dec 2025Mar 2026
Sales +138145156161164
Expenses +116123132138142
Operating Profit2222232322
OPM %16%15%15%14%13%
Other Income +43336
Interest344141
Depreciation1213161316
Profit before tax117-31911
Tax %25%24%6%6%1%
Net Profit +86-32811
EPS in Rs38.9727.20-17.920.841.09
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderMar 2024Mar 2025Sep 2025Dec 2025Mar 2026
Promoters63.85%63.85%63.85%
FII3.59%9.30%9.94%
DII0.90%8.68%8.10%8.64%
Public25.34%34.95%11.33%5.92%5.08%
Others73.77%65.05%12.55%12.83%12.49%
Mar 2026
Promoters
FII
DII
Public
Others

Events Timeline

Announcement under Regulation 30 (LODR)-Trading Plan under SEBI (PIT) Regulations, 2015

Aug 05, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Jul 24, 2026PDFCompany Reports Open

Board Meeting Intimation for The Company Has Informed BSE That The Meeting Of The Board Is Scheduled On 11/08/2026 ,Inter Alia, To Consider And Approve The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended June 30, 2026.

Jul 24, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Jul 17, 2026PDFCompany Reports Open

Disclosure Under Regulation 36(1)(B) Of SEBI (LODR) Regulations, 2015 (''SEBI Listing Regulations'')

Jul 16, 2026PDFCompany Reports Open