Narayana Hrudayalaya Ltd. (NH) - Net Assets
Based on the latest financial reports, Narayana Hrudayalaya Ltd. (NH) has net assets worth Rs45.40 Billion INR (≈ $490.93 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs124.74 Billion ≈ $1.35 Billion USD) and total liabilities (Rs79.35 Billion ≈ $858.13 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how tangible is Narayana Hrudayalaya Ltd.'s equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs45.40 Billion |
| % of Total Assets | 36.39% |
| Annual Growth Rate | 16.14% |
| 5-Year Change | 204.8% |
| 10-Year Change | 371.24% |
| Growth Volatility | 13.52 |
Narayana Hrudayalaya Ltd. - Net Assets Trend (2011–2026)
This chart illustrates how Narayana Hrudayalaya Ltd.'s net assets have evolved over time, based on quarterly financial data. See NH days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Narayana Hrudayalaya Ltd. (2011–2026)
The table below shows the annual net assets of Narayana Hrudayalaya Ltd. from 2011 to 2026. For live valuation and market cap data, see Narayana Hrudayalaya Ltd. (NH) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs45.40 Billion ≈ $490.93 Million |
+25.12% |
| 2025-03-31 | Rs36.28 Billion ≈ $392.38 Million |
+25.76% |
| 2024-03-31 | Rs28.85 Billion ≈ $312.01 Million |
+35.30% |
| 2023-03-31 | Rs21.32 Billion ≈ $230.61 Million |
+43.18% |
| 2022-03-31 | Rs14.89 Billion ≈ $161.07 Million |
+32.88% |
| 2021-03-31 | Rs11.21 Billion ≈ $121.21 Million |
-1.38% |
| 2020-03-31 | Rs11.36 Billion ≈ $122.91 Million |
+5.08% |
| 2019-03-31 | Rs10.82 Billion ≈ $116.96 Million |
+4.39% |
| 2018-03-31 | Rs10.36 Billion ≈ $112.04 Million |
+7.55% |
| 2017-03-31 | Rs9.63 Billion ≈ $104.18 Million |
+8.59% |
| 2016-03-31 | Rs8.87 Billion ≈ $95.94 Million |
+15.89% |
| 2015-03-31 | Rs7.65 Billion ≈ $82.78 Million |
+31.25% |
| 2014-03-31 | Rs5.83 Billion ≈ $63.07 Million |
+5.64% |
| 2013-03-31 | Rs5.52 Billion ≈ $59.70 Million |
+6.75% |
| 2012-03-31 | Rs5.17 Billion ≈ $55.92 Million |
+7.52% |
| 2011-03-31 | Rs4.81 Billion ≈ $52.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Narayana Hrudayalaya Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs2.04 Billion | 4.50% |
| Other Components | Rs43.33 Billion | 95.50% |
| Total Equity | Rs45.37 Billion | 100.00% |
Narayana Hrudayalaya Ltd. Competitors by Market Cap
The table below lists competitors of Narayana Hrudayalaya Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Copa Holdings S.A
F:C2H
|
$4.11 Billion |
|
Klabin S.A.
SA:KLBN11
|
$4.11 Billion |
|
Yangtze Optical Electronic Co. Ltd. A
SHG:688143
|
$4.11 Billion |
|
Baoding Heavy Industry Co Ltd
SHE:002552
|
$4.11 Billion |
|
MARFRIG GL.FOOD.ADR/2O.N.
F:MGP1
|
$4.10 Billion |
|
Tutor Perini Corporation
NYSE:TPC
|
$4.10 Billion |
|
Zhejiang Weiming Environment Protection Co Ltd
SHG:603568
|
$4.10 Billion |
|
Torex Gold Resources Inc
TO:TXG
|
$4.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Narayana Hrudayalaya Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 36,263,550,000 to 45,372,580,000, a change of 9,109,030,000 (25.1%).
- Net income of 8,055,990,000 contributed positively to equity growth.
- Dividend payments of 910,040,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,704,670,000.
- Other factors increased equity by 3,667,750,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs8.06 Billion | +17.76% |
| Dividends Paid | Rs910.04 Million | -2.01% |
| Other Comprehensive Income | Rs-1.70 Billion | -3.76% |
| Other Changes | Rs3.67 Billion | +8.08% |
| Total Change | Rs- | 25.12% |
Book Value vs Market Value Analysis
This analysis compares Narayana Hrudayalaya Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.37x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 79.42x to 8.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-03-31 | Rs23.53 | Rs1869.00 | x |
| 2012-03-31 | Rs25.22 | Rs1869.00 | x |
| 2013-03-31 | Rs29.06 | Rs1869.00 | x |
| 2014-03-31 | Rs30.83 | Rs1869.00 | x |
| 2015-03-31 | Rs40.06 | Rs1869.00 | x |
| 2016-03-31 | Rs43.55 | Rs1869.00 | x |
| 2017-03-31 | Rs47.48 | Rs1869.00 | x |
| 2018-03-31 | Rs51.02 | Rs1869.00 | x |
| 2019-03-31 | Rs53.28 | Rs1869.00 | x |
| 2020-03-31 | Rs55.95 | Rs1869.00 | x |
| 2021-03-31 | Rs55.21 | Rs1869.00 | x |
| 2022-03-31 | Rs73.30 | Rs1869.00 | x |
| 2023-03-31 | Rs104.94 | Rs1869.00 | x |
| 2024-03-31 | Rs141.98 | Rs1869.00 | x |
| 2025-03-31 | Rs178.55 | Rs1869.00 | x |
| 2026-03-31 | Rs223.43 | Rs1869.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Narayana Hrudayalaya Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.76%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.20%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 2.75x
- Recent ROE (17.76%) is above the historical average (10.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 2.84% | 2.86% | 0.68x | 1.46x | Rs-344.53 Million |
| 2012 | 5.00% | 3.92% | 0.84x | 1.52x | Rs-257.80 Million |
| 2013 | 4.53% | 2.95% | 0.87x | 1.76x | Rs-299.06 Million |
| 2014 | 5.46% | 2.89% | 0.95x | 1.99x | Rs-263.32 Million |
| 2015 | -2.19% | -1.23% | 1.00x | 1.78x | Rs-932.41 Million |
| 2016 | 2.39% | 1.31% | 1.13x | 1.61x | Rs-674.50 Million |
| 2017 | 8.62% | 4.40% | 1.15x | 1.71x | Rs-132.55 Million |
| 2018 | 4.96% | 2.24% | 0.90x | 2.45x | Rs-522.28 Million |
| 2019 | 5.47% | 2.06% | 1.09x | 2.44x | Rs-489.45 Million |
| 2020 | 10.47% | 3.79% | 1.08x | 2.55x | Rs53.20 Million |
| 2021 | -1.28% | -0.55% | 0.93x | 2.47x | Rs-1.26 Billion |
| 2022 | 22.97% | 9.24% | 1.18x | 2.10x | Rs1.93 Billion |
| 2023 | 28.44% | 13.38% | 1.09x | 1.95x | Rs3.93 Billion |
| 2024 | 27.37% | 16.14% | 0.87x | 1.95x | Rs5.01 Billion |
| 2025 | 21.79% | 14.41% | 0.75x | 2.00x | Rs4.28 Billion |
| 2026 | 17.76% | 10.20% | 0.63x | 2.75x | Rs3.52 Billion |
Industry Comparison
This section compares Narayana Hrudayalaya Ltd.'s net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $12,533,205,249
- Average return on equity (ROE) among peers: 4.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Narayana Hrudayalaya Ltd. (NH) | Rs45.40 Billion | 2.84% | 1.75x | $4.11 Billion |
| Apollo Hospitals Enterprise Limited (APOLLOHOSP) | $13.33 Billion | 6.41% | 0.69x | $13.08 Billion |
| Aster DM Healthcare Limited (ASTERDM) | $38.34 Billion | 3.85% | 2.04x | $4.41 Billion |
| GPT Healthcare Ltd (GPTHEALTH) | $1.01 Billion | 7.52% | 1.28x | $130.23 Million |
| Healthcare Global Enterprises Limited (HCG) | $14.10 Billion | 0.98% | 1.78x | $992.60 Million |
| Jupiter Life Line Hospitals Limited (JLHL) | $2.88 Billion | 17.73% | 2.15x | $951.57 Million |
| Krishna Institute of Medical Sciences Limited (KIMS) | $-1.38 Billion | 0.00% | 0.00x | $3.42 Billion |
| Lotus Eye Hospital and Institute Limited (LOTUSEYE) | $493.84 Million | -4.01% | 0.14x | $29.88 Million |
| Max Healthcare Institute Limited (MAXHEALTH) | $10.34 Billion | -2.01% | 2.21x | $11.48 Billion |
| Max India Limited (MAXIND) | $6.37 Billion | -2.53% | 0.34x | $95.81 Million |
| Global Health Limited (MEDANTA) | $39.84 Billion | 13.97% | 0.48x | $3.66 Billion |
About Narayana Hrudayalaya Ltd.
Narayana Hrudayalaya Limited provides medical and healthcare services in India and the Cayman Islands. It operates through the Medical and Healthcare Related Services; and Others segments. The company offers oncology, anesthesiology, audiology, blood bank, oncoplastic surgery, cardiac surgery, cardiology, clinical genetics, clinical immunology, clinical nutrition and dietetics, clinical psycholog… Read more