Global Health Ltd
Global Health Limited operates a network of multi-specialty tertiary and quaternary care hospitals under the Medanta brand, primarily across North and East India. The company specialises in cardiac sciences, oncology, neurosciences, digestive and hepatobiliary sciences, orthopaedics, organ transplantation, kidney and urology, and other complex medical procedures. As of June 2026, Medanta operated six hospitals across Gurugram, Lucknow, Patna, Ranchi, Indore and Noida, supported by an expanding diagnostics, pharmacy and outpatient network. [1]
- Market Cap ₹ 38,419 Cr.
- Current Price ₹ 1,429
- High / Low ₹ 1,544 / 955
- Stock P/E 59.3
- Book Value ₹ 161
- Dividend Yield 0.03 %
- ROCE 17.4 %
- ROE 15.2 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 80.7% CAGR over last 5 years
Cons
- Stock is trading at 8.89 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Healthcare Healthcare Healthcare Services Hospital
Part of BSE 500 BSE Healthcare Nifty 500 BSE SmallCap Select Index BSE 150 MidCap Index
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,382 | 1,343 | 1,456 | 1,500 | 1,447 | 2,167 | 2,710 | 3,275 | 3,692 | 4,410 | 5,053 | |
| Sales growth | +8% | +3% | -4% | +50% | +25% | +21% | +13% | +19% | +26% | ||
| 1,081 | 1,218 | 1,283 | 1,309 | 1,250 | 1,709 | 2,073 | 2,466 | 2,806 | 3,480 | 3,935 | |
| Operating Profit | 301 | 125 | 172 | 192 | 197 | 458 | 637 | 809 | 886 | 930 | 1,118 |
| OPM % | 22% | 9% | 12% | 13% | 14% | 21% | 24% | 25% | 24% | 21% | 22% |
| 45 | 49 | 50 | 44 | 31 | 39 | 49 | 75 | 29 | 98 | 68 | |
| Interest | 14 | 28 | 38 | 57 | 73 | 86 | 86 | 84 | 74 | 90 | 103 |
| Depreciation | 70 | 86 | 102 | 115 | 123 | 130 | 150 | 173 | 194 | 223 | 267 |
| Profit before tax | 262 | 60 | 83 | 64 | 32 | 281 | 449 | 627 | 647 | 715 | 815 |
| Tax % | 35% | 45% | 38% | 43% | 11% | 30% | 27% | 24% | 26% | 23% | |
| 170 | 33 | 51 | 36 | 29 | 196 | 326 | 478 | 481 | 554 | 613 | |
| EPS in Rs | 7.02 | 1.36 | 2.09 | 1.47 | 1.16 | 7.75 | 12.16 | 17.81 | 17.92 | 20.70 | 23.01 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 2% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 25% |
| 3 Years: | 18% |
| TTM: | 26% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 81% |
| 3 Years: | 19% |
| TTM: | 11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 15% |
| 1 Year: | 22% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 16% |
| Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 48 | 48 | 49 | 49 | 50 | 51 | 54 | 54 | 54 | 54 | 54 |
| Reserves | 976 | 1,136 | 1,246 | 1,300 | 1,333 | 1,565 | 2,375 | 2,852 | 3,333 | 3,908 | 4,270 |
| 165 | 456 | 787 | 929 | 931 | 1,109 | 1,122 | 802 | 718 | 1,190 | 1,353 | |
| 295 | 343 | 347 | 388 | 380 | 421 | 547 | 572 | 662 | 753 | 930 | |
| Total Liabilities | 1,485 | 1,984 | 2,430 | 2,666 | 2,694 | 3,146 | 4,097 | 4,280 | 4,766 | 5,905 | 6,606 |
| 914 | 1,094 | 1,194 | 1,703 | 1,616 | 1,776 | 2,050 | 2,236 | 2,514 | 3,795 | 3,957 | |
| CWIP | 12 | 317 | 666 | 382 | 464 | 439 | 327 | 388 | 533 | 132 | 207 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 3 | 3 |
| 559 | 573 | 570 | 581 | 615 | 930 | 1,720 | 1,656 | 1,716 | 1,975 | 2,440 | |
| Total Assets | 1,485 | 1,984 | 2,430 | 2,666 | 2,694 | 3,146 | 4,097 | 4,280 | 4,766 | 5,905 | 6,606 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 228 | 63 | 166 | 175 | 242 | 311 | 645 | 612 | 624 | 714 | |
| -241 | -69 | -249 | -87 | -239 | -421 | -342 | -441 | -721 | -1,089 | |
| -7 | 9 | 97 | -1 | -81 | 160 | 346 | -514 | -97 | 272 | |
| Net Cash Flow | -20 | 3 | 14 | 87 | -78 | 50 | 648 | -343 | -194 | -103 |
| Free Cash Flow | 71 | -81 | -133 | -13 | 100 | 38 | 409 | 335 | 110 | -123 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 108% | 93% | 135% | 121% | 131% | 89% | 118% | 98% | 89% | 90% |
Ratios
Consolidated / View Standalone
| Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 20 | 41 | 41 | 36 | 34 | 30 | 26 | 24 | 29 | 34 |
| Inventory Days | 28 | 26 | 26 | 43 | 42 | 36 | 35 | 32 | 28 | 29 |
| Days Payable | 92 | 124 | 142 | 147 | 138 | 90 | 114 | 90 | 81 | 89 |
| Cash Conversion Cycle | -45 | -56 | -75 | -67 | -62 | -24 | -52 | -34 | -24 | -26 |
| Working Capital Days | -23 | -33 | -18 | -31 | -48 | -20 | -37 | -32 | -21 | -7 |
| ROCE % | 6% | 6% | 5% | 15% | 17% | 20% | 20% | 17% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| ALOS (Average Length of Stay) days |
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| Census Beds (Operational Capacity) count |
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| In-Patient Volume (IPD) count |
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| Out-Patient Volume (OPD) count |
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| Total Beds (Installed Capacity) count |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Global Health schedules one-on-one investor meetings on November 19-20, 2026 with several global asset managers.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Announcement under SEBI Listing Regulations, 2015 regarding schedule of Institutional investor meet.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Announcement under SEBI Listing Regulations, 2015 regarding schedule of Institutional investor meet.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Announcement under SEBI Listing Regulations, 2015 regarding schedule of Institutional investor meet.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
- Announcement under Regulation 30 of SEBI Listing Regulations, 2015 for Earning Conference Call Transcript.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
Concalls
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Nov 2026Transcript PPT REC
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Aug 2026Transcript PPT REC
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May 2026Transcript PPT REC
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT
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May 2025Transcript PPT
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May 2025PPT
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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Aug 2023PPT
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Jun 2023Transcript PPT
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Feb 2023Transcript PPT
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Dec 2022PPT
Hospital Count
Global Health operates 6 hospitals across Gurugram, Indore, Ranchi, Lucknow, Patna and Noida, with 3,737 installed beds as of June 2026 across 5.6 million sq. ft. The network has 950+ ICU beds and offers services across 30+ medical specialties. Gurugram is the flagship hospital, while Lucknow, Patna and Noida form the newer hospital portfolio where capacity and clinical services are being scaled.[1]