If you are you looking for investing your money in stocks then India’s leading healthcare stocks are worth exploring. These companies provide the excellent investment opportunities in the healthcare sector. By prioritizing health improvements and returns for investors, these stocks combine the growth potential with stability. Whether you are interested in pharmaceuticals, medical devices or healthcare services, top healthcare stocks in India have a wide range of investors.
Table of Contents
Overview of Top Healthcare Stocks in India
1. Dr Lal Pathlabs Ltd
Dr. Lal PathLabs Limited operates laboratories in India and other countries, providing tests in fields such as biochemistry, hematology, microbiology, and more. It was established in 1949 and based in Gurugram, India. The company offers a variety of pathological and radiological examinations.
- Current Market Price – ₹2284.30
- Market Capitalization – ₹ 19,077 crore
- All major margins over the past twelve months have grown by 15%.
- The company achieves a solid return on capital employed of 12.67.
- With a return on equity of 19.57%, the company demonstrates good performance.
- Achieving a net margin of 15.19%, the company maintains healthy profitability.
2. Global Health Ltd
Global Health Limited is a healthcare provider in India that specializes in lung transplants, mother and child care, oncology, orthopedics and other services. It was established in 2004 and is based in New Delhi. They offer a wide range of medical treatments including surgery, oncology and blood banking.
- Current Market Price – ₹ 1,365.95
- Market Capitalization – ₹ 36,661 crore
- Over the last year, the company achieved a robust return on equity of 22.23%.
- Annual net profit has been consistently rising over the past three years.
- The company’s profit before tax has shown growth over the last five quarters.
- EBITDA has been steadily increasing for the past three years.
- The company maintains a solid return on capital employed of 14.39%.
- Achieving a healthy net margin of 14.33%, the company demonstrates good profitability.
3. Fortis Healthcare Ltd
Fortis Healthcare Limited provides healthcare services in India, United Arab Emirates, Nepal, Sri Lanka and other countries. Their services cover hospitals, diagnostics, and specialty day care centers. They offer various medical treatments, including cardiology, pediatrics and plastic surgery. It was founded in 1995 and based in Gurugram, India. Fortis Healthcare aims to deliver complete healthcare services globally.
- Current Market Price – ₹ 436.50
- Market Capitalization – ₹ 32,995 crore
- The company has experienced three consecutive years of increasing annual sales.
- Total assets have shown a steady increase over the past three years.
- Annual net profit has been trending upwards over the last three years.
- The book value has been on an upward trend over the past three years as well.
4. Healthcare Global Enterprises Ltd
HealthCare Global Enterprises Limited and its subsidiaries focus on providing specialized healthcare services in cancer and fertility. They offer a range of treatments for cancer including radiation therapy and surgery as well as fertility treatments under the brand name Milann such as assisted reproduction and gynecological endoscopy. It was established in 1989 in Bengaluru, India. The company is committed to offering comprehensive care to patients in these important areas of health.
- Current Market Price – ₹ 368.35
- Market Capitalization – ₹ 5,124 crore
- The company’s book value has shown tremendous growth over the past three years.
- Annual sales have increased consistently for three consecutive years.
- Total assets have experienced a steady increase over the last three years.
5. Indraprastha Medical Corporation Ltd
Indraprastha Medical Corporation Limited provides a variety of hospital services in India including diabetes care, genomic medicine, elder care, and surgery. Since its establishment in 1983 in New Delhi, India, the company has been offering a wide range of healthcare services from diagnostics to specialized treatments like bone marrow transplants and cosmetic procedures. Their mission is to deliver caring and cutting-edge medical solutions to all patients.
- Current Market Price – ₹ 243.80
- Market Capitalization – ₹ 2,237 crore
- Annual net profit has been trending upward over the last three years.
- EBITDA has shown continuous growth for the past three years.
- The company maintains a solid return on capital employed of 22.70%.
- Over the past twelve months, the company achieved a robust return on equity of 29.15%.
Top 5 Healthcare Sector Stocks List
| Stock Names | CMP | Market Cap (Cr) | PE Ratio | ROE | EPS |
|---|---|---|---|---|---|
|
Dr Lal Pathlabs
|
₹2,284.30
|
₹19,077
|
57.83
|
17.01%
|
39.52
|
|
Global Health
|
₹1,365.95
|
₹36,661
|
104.87
|
12.03%
|
13.02
|
|
Fortis Healthcare |
₹436.50
|
₹32,995
|
59.71
|
7.20%
|
7.32
|
|
Healthcare Global Enterprises
|
₹368.35
|
₹5,124
|
145.4
|
4.32%
|
2.53
|
|
Indraprastha Medical Corporation |
₹243.80
|
₹2,237
|
19.86
|
25.10%
|
12.29
|
Note: The above figures have been taken from google finance.
Conclusion
If you are looking to invest in top healthcare stocks in India, it could be a smart move for investors of all levels. These stocks do not just have growth potential but also play a role in enhancing healthcare services in the country. By incorporating these stocks into your investment plan, you can expand your portfolio while backing progress in medical technology and services. Take a moment to think about including top healthcare stocks in India in your investment strategy for a thriving future.
Disclaimer: Please keep in mind that comprehensive research and expert advise is crucial before making any investment decisions.
Frequently Asked Questions (FAQ)
Healthcare stocks represent the shares of companies in the healthcare industry. Investing in healthcare stocks means owning shares of companies in the healthcare industry, such as those in pharmaceuticals, biotechnology, medical devices, hospitals and related services. By investing in these stocks, you can potentially benefit from the growth and profitability of these companies as the demand for healthcare services continues to rise.
Here are some of the top healthcare stocks in India:
- Dr Lal Pathlabs
- Global Health
- Fortis Healthcare
- Healthcare Global Enterprises
- Indraprastha Medical Corporation