Apollo Hospitals Peer Comparison
NSE: APOLLOHOSP | BSE: 508869
₹8,838.50
As on 28-Aug-2026IST
Market cap
₹1,27,188 Cr
Revenue (TTM)
₹26,430 Cr
P/E Ratio
60.9
P/B Ratio
13.1
Div. Yield
0.2 %
| Apollo Hospitals | Max Healthcare | Fortis Healthcare | Aster Dm Health | Narayana Hrud | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
1,27,188 | 98,598 | 70,211 | 64,953 | 39,475 |
Revenue (₹ Cr) |
26,430 | 8,712 | 9,506 | 4,876 | 9,072 |
Net Profit (₹ Cr) |
2,127.30 | 1,457.40 | 1,052.40 | 402.49 | 823.59 |
Net Margin (%) |
7.99 | 16.41 | 11.01 | 8.04 | 9.02 |
RoE (%) |
22.66 | 14.39 | 11.05 | 7.75 | 20.09 |
Price to Earnings |
60.87 | 67.68 | 67.00 | 203.82 | 48.37 |
Price-To-Book |
13.13 | 9.02 | 6.91 | 13.08 | 8.32 |
Income Statement (₹ Cr)
| Apollo Hospitals | Max Healthcare | Fortis Healthcare | Aster Dm Health | Narayana Hrud | |
|---|---|---|---|---|---|
|
Operating Revenue
|
25,228.50 | 8,373.45 | 9,127.84 | 4,138.46 | 7,896.04 |
|
Total Income
|
25,420.10 | 8,538.02 | 9,178.50 | 4,286.69 | 7,996.25 |
|
Total Expenditure
|
21,459.20 | 6,132.57 | 7,042.86 | 3,365.10 | 6,257.24 |
|
EBITDA
|
3,769.30 | 2,240.88 | 2,084.98 | 773.36 | 1,638.79 |
|
Depreciation
|
876.10 | 446.53 | 449.43 | 248.84 | 447.80 |
|
EBIT
|
2,893.20 | 1,794.35 | 1,635.55 | 524.52 | 1,190.99 |
|
Interest
|
449.60 | 235.10 | 314.47 | 132.64 | 265.86 |
|
Other Income
|
191.60 | 164.57 | 50.66 | 148.23 | 100.22 |
|
Exceptional Items
|
-19.20 | -48.24 | -22.24 | -50.14 | -50.95 |
|
Profit before Tax
|
2,660.90 | 1,675.58 | 1,365.85 | 471.06 | 968.82 |
|
Provision for Tax
|
658.20 | 233.17 | 301.66 | 134.37 | 158.36 |
|
Profit after Tax
|
2,002.70 | 1,442.41 | 1,064.19 | 336.69 | 810.46 |
Liabilities (₹ Cr)
| Apollo Hospitals | Max Healthcare | Fortis Healthcare | Aster Dm Health | Narayana Hrud | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
9,480.10 | 10,746.63 | 9,895.55 | 3,428.07 | 4,537.26 |
|
Minority Interest
|
494.40 | -- | 272.96 | 223.38 | 2.26 |
|
Non-Current Liabilities
|
6,191.00 | 4,250.88 | 3,549.34 | 2,069.51 | 6,096.40 |
|
Current Liabilities
|
6,487.30 | 2,186.94 | 2,115.00 | 879.21 | 1,827.25 |
|
Total Liabilities
|
22,652.80 | 17,184.45 | 15,832.84 | 6,600.17 | 12,463.18 |
Assets (₹ Cr)
| Apollo Hospitals | Max Healthcare | Fortis Healthcare | Aster Dm Health | Narayana Hrud | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
15,747.00 | 15,239.66 | 14,013.42 | 4,698.70 | 8,531.04 |
|
Current Assets
|
6,905.80 | 1,944.79 | 1,819.42 | 1,901.47 | 3,932.14 |
|
Total Assets
|
22,652.80 | 17,184.45 | 15,832.84 | 6,600.17 | 12,463.18 |
|
Total Debt*
|
5,658.50 | 2,906.82 | 2,872.65 | 642.18 | 4,866.05 |
|
Net Current Assets
|
418.50 | -242.15 | -295.58 | 1,022.26 | 2,104.88 |
|
Contingent Liabilities
|
1,242.40 | 934.37 | 2,909.60 | 315.98 | 51.55 |
Cashflow (₹ Cr)
| Apollo Hospitals | Max Healthcare | Fortis Healthcare | Aster Dm Health | Narayana Hrud | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
2,855.70 | 1,633.32 | 1,601.45 | 425.05 | 1,621.19 |
|
Cash Flow from Investing Activities
|
-2,148.20 | -1,688.99 | -1,538.40 | 6,014.87 | -3,699.90 |
|
Cash from Financing Activities
|
-477.60 | 59.27 | 163.76 | -6,357.81 | 2,340.43 |
|
Net Cash Inflow / Outflow
|
229.90 | 3.60 | 226.81 | 82.11 | 261.72 |
Ratios
Profitability Ratios
| Apollo Hospitals | Max Healthcare | Fortis Healthcare | Aster Dm Health | Narayana Hrud | |
|---|---|---|---|---|---|
|
ROCE (%)
|
21.73 | 14.97 | 14.07 | 11.46 | 16.20 |
|
ROE (%)
|
23.54 | 14.53 | 11.32 | 9.32 | 19.86 |
|
ROA (%)
|
9.17 | 8.91 | 7.29 | 2.74 | 8.22 |
|
EBIT Margin (%)
|
15.70 | 28.73 | 23.40 | 22.27 | 22.02 |
|
Net Margin (%)
|
7.88 | 16.89 | 11.59 | 7.85 | 10.14 |
|
Cash Profit Margin (%)
|
11.41 | 22.56 | 16.58 | 14.15 | 15.94 |
Growth Ratios
| Apollo Hospitals | Max Healthcare | Fortis Healthcare | Aster Dm Health | Narayana Hrud | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
15.76 | 19.14 | 17.28 | 11.88 | 44.01 |
|
EBIT Growth (%)
|
22.93 | 20.01 | 29.05 | 50.69 | 25.52 |
|
Net Profit Growth (%)
|
33.06 | 34.07 | 31.48 | 64.50 | 2.61 |
|
EPS Growth (%)
|
34.29 | 33.93 | 34.56 | 4,059.81 | 1.95 |
|
Book Value Growth (%)
|
14.64 | 14.45 | 10.98 | -27.11 | 25.12 |
Valuation Ratios
| Apollo Hospitals | Max Healthcare | Fortis Healthcare | Aster Dm Health | Narayana Hrud | |
|---|---|---|---|---|---|
|
Price / Earnings
|
55.01 | 64.88 | 57.58 | 4.50 | 40.73 |
|
Price / Book Value
|
11.75 | 8.83 | 6.06 | 7.95 | 7.23 |
|
Dividend Yield (%)
|
0.27 | 0.21 | 0.13 | 25.37 | 0.28 |
|
EV/EBITDA
|
28.12 | 39.82 | 29.18 | 25.88 | 20.44 |
|
Market Cap (₹ Cr)
|
1,06,819.99 | 93,580.84 | 59,989.09 | 24,216.61 | 32,813.55 |
Solvency Ratios
| Apollo Hospitals | Max Healthcare | Fortis Healthcare | Aster Dm Health | Narayana Hrud | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.62 | 0.27 | 0.29 | 0.19 | 1.07 |
|
Short term debt to equity ratio
|
0.31 | 0.01 | 0.01 | 0.01 | 0.00 |
|
Current Ratio
|
1.06 | 0.89 | 0.86 | 2.16 | 2.15 |
|
Quick Ratio
|
0.98 | 0.84 | 0.80 | 2.06 | 2.07 |
|
Interest Coverage
|
6.92 | 8.13 | 5.34 | 4.55 | 4.64 |
Operating Efficiency Ratios
| Apollo Hospitals | Max Healthcare | Fortis Healthcare | Aster Dm Health | Narayana Hrud | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
13.81 | 11.58 | 11.43 | 6.23 | 8.30 |
|
Asset Turnover
|
1.16 | 0.52 | 0.63 | 0.34 | 0.80 |
|
Receivable days
|
47.03 | 36.12 | 36.55 | 118.99 | 27.99 |
|
Inventory Days
|
7.40 | 4.81 | 5.01 | 76.04 | 6.12 |
|
Payable days
|
62.70 | 169.18 | 152.97 | 751.14 | 193.39 |
|
Cash Conversion Cycle
|
-8.27 | -128.26 | -111.41 | -556.11 | -159.28 |