52-week range
Price risk
Balance sheet & cash
Was the rally earned?
Partly.
- Most of the rise came from investors paying a higher multiple (P/E 9.3x to 33.4x); per-share earnings took off 18 points.
- The share count rose 7%.
Partly.
- Most of the rise came from investors paying a higher multiple (P/E 1.6x to 33.4x); per-share earnings took off 356 points.
- The share count rose 1500%.
What do "pts" mean?
"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.
Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.
Not shown for 5 years: earnings were negative at one end, or there is not enough history.
Net profit is trailing twelve months as reported with a 60-day lag.
What is the price implying?
At a P/E of 33.4x, the price would imply about 21.4%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.
Fewer than six years of annual earnings are available, which is too little to measure delivered growth.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect.
What prices imply across Health Services The market-wide Expectations lists
What changed?
- Oct '26Fell 41% from the Aug 2026 peak to the Oct 2026 low.
- Oct '26Volume reached 7.3x its 50-day median on 2026-10-13; price -0.9% that day.
- Sep '26Volume reached 5.9x its 50-day median on 2026-09-25; price -2.6% that day.
- Jun '26Revenue (TTM) reached a new high of ₹132 cr.
- Jun '26Share count is up 6.7% over 12 months.
- Jun '26Volume reached 5.1x its 50-day median on 2026-06-02; price -2.8% that day.
- Mar '26Regained the 2025-11 peak, 2 months after the low.
- Jan '26Fell 29% from the Nov 2025 peak to the Jan 2026 low.
Show 17 earlier events
- Nov '25Volume reached 53.6x its 50-day median on 2025-11-19; price +20.0% that day.
- Sep '25Volume reached 12.2x its 50-day median on 2025-09-26; price -8.9% that day.
- Jun '25Revenue (TTM) reached a new high of ₹99 cr.
- Jun '25Moved into the top quartile of Health Services on ROCE (from the 2nd quartile).
- May '25Volume reached 11.3x its 50-day median on 2025-05-20; price +9.8% that day.
- Apr '25Debt / equity halved over 12 months to 0.18x.
- Feb '25Volume reached 14.8x its 50-day median on 2025-02-20; price +4.4% that day.
- Sep '24Regained the 2024-01 peak, 1 month after the low.
- Sep '24Debt / equity halved over 12 months to 0.18x.
- Sep '24Share count is up 200.0% over 12 months.
- Aug '24Fell 31% from the Jan 2024 peak to the Aug 2024 low.
- Aug '24Volume reached 20.6x its 50-day median on 2024-08-26; price +5.7% that day.
- Jun '24FII + DII holding fell 8.8 pts over 1 quarter to 0.1%.
- Jun '24Debt / equity fell below 1.0x (0.18x).
- May '24Volume reached 8.2x its 50-day median on 2024-05-24; price +4.8% that day.
- Jan '24Volume reached 10.9x its 50-day median on 2024-01-10; price +14.2% that day.
- Nov '23Volume reached 6.9x its 50-day median on 2023-11-09; price +1.5% that day.
Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.
Where price and fundamentals disagree, market-wide Rewind the whole market to any month
Are profits backed by cash?
2 of 6 checks are within range, 2 near a threshold, 2 beyond a threshold.
Tap a check to see how it is measured.
Other income reliance11%Within range
Other income as a share of pre-tax profit (trailing twelve months): 10.9%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate—Not enough data
Not enough reported data to compute this.
Cash conversion0.17xBeyond threshold
Operating cash flow divided by net profit over the last three fiscal years: 0.17x (cash from operations ₹14 cr, net profit ₹83 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.
Free cash flow2 of 5 yrsNear threshold
Fiscal years with positive free cash flow in the last 5: 2. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history+90 daysBeyond threshold
Debtor days are above the median of the previous three fiscal years by 90 days (341 vs 251). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress12% of fixed assetsWithin range
Capital work-in-progress is 12% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.
Payable days+34 days / 2 yrsNear threshold
Days payable changed by +34 over two years. Bands: rise of up to 30 days; more than 30 days.
How to read this
Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.
Who has been buying and selling?
- Over 2 years, FIIs trimmed 5.6 pts; DIIs trimmed 2.8 pts; promoters added 0.7 pts.
Holdings, Mar '26
How each group changed
Number of shareholders
Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.
How rough has the ride been?
Monthly share price
Last 90 trading days
Drawdown from peak
Largest drawdowns
-41.1% (2026-08 peak to 2026-10 low, not yet recovered)
-30.9% (2024-01 peak to 2024-08 low, recovered 2024-09)
-28.8% (2025-11 peak to 2026-01 low, recovered 2026-03)
Most recent volume spikes
2026-10-13: 7.3x the 50-day median, price -0.9% that day
2026-09-25: 5.9x the 50-day median, price -2.6% that day
Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).
Where does it rank among Health Services peers?
Each cell is the company's percentile rank among its Health Services peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).
Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.
The Health Services sector page Watch it move against Health Services in the Observatory
What else looks like this?
Companies with the most similar financial profile today, regardless of industry.
| Company | Sector | Similarity | Closest on |
|---|---|---|---|
| SILVER TOUCH TECHNOLOGIES (SILVERTUC) | Technology Services | 67% | debt/equity, revenue growth |
| NGL FINE CHEM (NGLFINE) | Health Technology | 60% | P/E, promoter holding |
| SUPREME POWER EQUIPMENT (SUPREMEPWR) | Producer Manufacturing | 59% | revenue, P/E |
| NDR AUTO COMPONENTS (NDRAUTO) | Producer Manufacturing | 56% | ROCE, debt/equity |
| FOCE INDIA (FOCE) | Consumer Durables | 53% | revenue, revenue growth |
| JEENA SIKHO LIFECARE (JSLL) | Health Services | 28% | revenue growth, debt/equity |
| CHANDAN HEALTHCARE (CHANDAN) | Health Services | 21% | ROCE, revenue |
| THYROCARE TECHNOLOGIES (THYROCARE) | Health Services | 12% | ROCE, P/E |
Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.
What happened next to similar setups
- We found 50 past situations where a non-financial company looked like UNIHEALTH HOSPITALS LIMITED today on valuation, return on capital, debt, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −21% to +30% vs the market, against −1% for all non-financial companies in the same months.
- The gap against the base rate (0%, 80% range −9.7% to +7.6%) is within what chance and overlapping periods produce.
Where the 50 outcomes landed
Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 7 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 31 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| AURIONPRO Technology Services |
Jan 2024 | 53x | 25% | +533% | −6% | +23% |
| IRIS Technology Services |
Mar 2025 | 50x | 27% | +229% | −35% | −43% |
| SBCL Non-Energy Minerals |
Jul 2022 | 29x | 36% | +215% | −26% | +119% |
| RAJRATAN Producer Manufacturing |
Aug 2021 | 39x | 23% | +576% | −22% | +156% |
| SAKSOFT Technology Services |
Aug 2023 | 41x | 28% | +217% | −12% | −38% |
Show the other 3 matches
How reliable is this?
Matched on P/E, P/S, ROCE, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: P/E, revenue growth and ROCE. Not used (unavailable for this company): operating margin. One match per company and at most 7 from any one month.
Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.
Monthly history (38 months)
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-10 | 33.4x | ₹132 cr | 19.0% | 24.0% | 0.2x |
| 2026-09 | 36.5x | ₹132 cr | 19.0% | 24.0% | 0.2x |
| 2026-08 | 44.1x | ₹132 cr | 19.0% | 24.0% | 0.2x |
| 2026-07 | 45.6x | ₹132 cr | 19.0% | 24.0% | 0.2x |
| 2026-06 | 38.2x | ₹132 cr | 19.0% | 24.0% | 0.2x |
| 2026-05 | — | ₹99 cr | 26.7% | 25.0% | 0.2x |
| 2026-04 | — | ₹99 cr | 26.7% | 25.0% | 0.2x |
| 2026-03 | — | ₹99 cr | 26.7% | 25.0% | 0.2x |
| 2026-02 | — | ₹99 cr | 26.7% | 25.0% | 0.2x |
| 2026-01 | — | ₹99 cr | 26.7% | 25.0% | 0.2x |
| 2025-12 | — | ₹99 cr | 26.7% | 25.0% | 0.2x |
| 2025-11 | — | ₹99 cr | 26.7% | 25.0% | 0.2x |
| 2025-10 | — | ₹99 cr | 26.7% | 25.0% | 0.2x |
| 2025-09 | — | ₹99 cr | 26.7% | 25.0% | 0.2x |
| 2025-08 | — | ₹99 cr | 26.7% | 25.0% | 0.2x |
| 2025-07 | — | ₹99 cr | 26.7% | 25.0% | 0.2x |
| 2025-06 | — | ₹99 cr | 26.7% | 25.0% | 0.2x |
| 2025-05 | — | ₹49 cr | 11.8% | 20.0% | 0.2x |
| 2025-04 | — | ₹49 cr | 11.8% | 20.0% | 0.2x |
| 2025-03 | — | ₹49 cr | 11.8% | 20.0% | 0.2x |
| 2025-02 | — | ₹49 cr | 11.8% | 20.0% | 0.2x |
| 2025-01 | — | ₹49 cr | 11.8% | 20.0% | 0.2x |
| 2024-12 | — | ₹49 cr | 11.8% | 20.0% | 0.2x |
| 2024-11 | — | ₹49 cr | 11.8% | 20.0% | 0.2x |
| 2024-10 | — | ₹49 cr | 11.8% | 20.0% | 0.2x |
| 2024-09 | — | ₹49 cr | 11.8% | 20.0% | 0.2x |
| 2024-08 | — | ₹49 cr | 11.8% | 20.0% | 0.2x |
| 2024-07 | — | ₹49 cr | 11.8% | 20.0% | 0.2x |
| 2024-06 | — | ₹49 cr | 11.8% | 20.0% | 0.2x |
| 2024-05 | — | ₹44 cr | 29.6% | 22.0% | 1.4x |
| 2024-04 | — | ₹44 cr | 29.6% | 22.0% | 1.4x |
| 2024-03 | — | ₹44 cr | 29.6% | 22.0% | 1.4x |
| 2024-02 | — | ₹44 cr | 29.6% | 22.0% | 1.4x |
| 2024-01 | — | ₹44 cr | 29.6% | 22.0% | 1.4x |
| 2023-12 | — | ₹44 cr | 29.6% | 22.0% | 1.4x |
| 2023-11 | — | ₹44 cr | 29.6% | 22.0% | 1.4x |
| 2023-10 | — | ₹44 cr | 29.6% | 22.0% | 1.4x |
| 2023-09 | — | ₹44 cr | 29.6% | 22.0% | 1.4x |