Narayana Hrudayalaya , a leading healthcare service provider in India, has announced robust financial results for the first quarter of fiscal year 2026 (Q1 FY26), demonstrating significant growth and strategic expansion.

Financial Highlights

Narayana Hrudayalaya reported a consolidated operating revenue of ₹15,073.00 million for Q1 FY26, marking a substantial year-on-year growth of 15.4% compared to ₹13,063.00 million in Q1 FY25. The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) stood at ₹3,607.00 million, reflecting a 10.7% increase from the previous year.

Key financial metrics for Q1 FY26 include:

Operational Performance

The company's India operations showed steady growth, with revenue increasing by 7.8% year-on-year to ₹11,326.00 million. Notably, the Cayman Islands facility demonstrated exceptional performance, with revenue surging by 48.4% to ₹3,968.00 million.

Dr. Emmanuel Rupert, Managing Director and Group CEO of Narayana Hrudayalaya Limited, commented on the results: "The first quarter of the new fiscal year has started with a robust performance. We are pleased to report the highest-ever revenue on a quarterly basis with profit margins sustaining at high levels."

Strategic Developments

Narayana Hrudayalaya continues to focus on expanding its footprint and enhancing its service offerings:

1. The Rabindranath Tagore International Institute of Cardiac Sciences in Kolkata has operationalized a new block, relocating oncology daycare beds and dialysis areas.

2. MMI Narayana Hospital in Raipur successfully performed its first aortic valve preserving aortic replacement and total arch replacement surgery.

3. Narayana Superspeciality Hospital in Guwahati treated a 3-year-old for hepatoblastoma, a rare and aggressive liver cancer.

4. Narayana Multispeciality Hospital in HSR (Bangalore) successfully conducted its first Mitra clip procedure in Q1 FY26.

Future Outlook

The company remains optimistic about its growth trajectory, particularly in the Cayman Islands region and its Integrated Care business. Dr. Rupert added, "We will continue to invest in this business and are optimistic that it will be a significant driver of growth to the NH ecosystem."

Narayana Hrudayalaya's focus on strategic capital expenditure initiatives and deep technology-led transformation is expected to drive scalable healthcare expansion. The company also emphasizes ESG-driven operations as part of its long-term strategy.

As of June 30, 2025, Narayana Hrudayalaya's total borrowings less cash and bank balance and investments stood at ₹3,430.00 million, representing a net debt to equity ratio of 0.09.

With its strong financial performance and strategic initiatives, Narayana Hrudayalaya is well-positioned to continue its growth and expansion in the healthcare sector.

Narayana Hrudayalaya Limited, a leading healthcare service provider in India, has announced its financial results for the first quarter, showcasing a mix of growth and challenges.

Revenue Growth

The company reported a consolidated operating revenue of ₹15,073.00 million for Q1, marking a significant year-on-year growth of 15.4% compared to ₹13,063.00 million in the same quarter of the previous year. This robust increase in revenue demonstrates the company's continued expansion and market presence in the healthcare sector.

Profit Performance

Despite the strong revenue growth, Narayana Hrudayalaya experienced a slight decline in profitability. The consolidated Profit After Tax (PAT) stood at ₹1,961.00 million for Q1, down 2.3% from ₹2,006.00 million in the same period last year. The PAT margin decreased to 13.0% from 15.4% year-over-year.

EBITDA and Margin

The company's consolidated EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) showed positive growth, reaching ₹3,607.00 million in Q1, a 10.7% increase from ₹3,258.00 million in the same quarter of the previous year. However, the EBITDA margin experienced a slight contraction, moving from 24.9% to 23.9% year-over-year.

Segment Performance

• India Operations: The India revenue grew by 7.8% year-on-year to ₹11,326.00 million in Q1.
• Cayman Islands: The Cayman Islands facility showed remarkable growth, with revenue increasing by 48.4% year-on-year to ₹3,968.00 million.

Operational Highlights

Narayana Hrudayalaya continued to expand its services and capabilities across various facilities:

• Rabindranath Tagore International Institute of Cardiac Sciences, Kolkata, operationalized a new block and successfully completed a pneumatic chute installation.
• MMI Narayana Hospital, Raipur performed its first aortic valve preserving aortic replacement & total arch replacement surgery.
• Narayana Superspeciality Hospital, Guwahati successfully treated a 3-year-old for hepatoblastoma, a rare and aggressive liver cancer.
• Narayana Multispeciality Hospital, HSR (Bangalore) performed its first Mitra clip procedure in Q1.

Management Commentary

Dr. Emmanuel Rupert, Managing Director and Group CEO of Narayana Hrudayalaya Limited, commented on the performance: "The first quarter of the new fiscal year has started with a robust performance. We are pleased to report the highest-ever revenue on a quarterly basis with profit margins sustaining at high levels. The performance improvement in India is attributable to increased footfall in the domestic business, improvement in realizations, optimization in payor categories, and positive traction from our Clinics outreach."

He also highlighted the strong performance of the Cayman business and the growth potential of the Integrated Care business.

Financial Position

As of the end of the quarter, the company's net debt to equity ratio stood at 0.09, with total borrowings less cash & bank balance and investments at ₹3,430.00 million.

Narayana Hrudayalaya's Q1 results reflect its ability to drive revenue growth in a challenging environment, while also highlighting the need to manage costs and improve profitability. The company's focus on expanding its services and geographical presence continues to contribute to its top-line growth.