Apollo Hospitals vs Narayana Hrudayalaya: share price, P/E, ROE and financials compared
Apollo Hospitals Enterprise
Narayana Hrudayalaya
Apollo Hospitals and Narayana Hrudayalaya at a glance
Apollo Hospitals and Narayana Hrudayalaya are both listed in Healthcare. Apollo Hospitals is the larger by market cap, at ₹1.2L Cr against ₹38,650 Cr for Narayana Hrudayalaya (3.1 times as large). On valuation, Narayana Hrudayalaya has the lower P/E (44.7× against 54.0×) and the lower price-to-book (7.73× against 11.45×). On returns and margins, Apollo Hospitals has the higher ROCE (19.2% against 11.4%) and the higher ROE (22.5% against 19.1%), while Narayana Hrudayalaya has the higher operating margin (18.5% against 15.1%). Over three years, Apollo Hospitals has faster 3-year profit growth (+33.3% against +9.9% a year), while Narayana Hrudayalaya has faster 3-year sales growth (+20.5% against +14.8% a year). Apollo Hospitals carries less debt for its equity, with a debt-to-equity of 0.73× against 1.21×.
Key metrics, side by side
| Metric | Apollo HospitalsAPOLLOHOSP | Narayana HrudayalayaNH |
|---|---|---|
| Price (₹) | 8,446.00 | 1,903.00 |
| Market cap (₹ Cr) | 1,21,441 | 38,650 |
| P/E | 54.0× | 44.7× (the lower figure, shaded) |
| P/B | 11.45× | 7.73× (the lower figure, shaded) |
| Dividend yield, trailing | 0.24% | 0.24% |
| ROE | 22.5% (the higher figure, shaded) | 19.1% |
| ROCE | 19.2% (the higher figure, shaded) | 11.4% |
| Operating margin (OPM) | 15.1% | 18.5% (the higher figure, shaded) |
| Net margin (NPM) | 8.1% | 8.4% |
| Sales CAGR 3Y | +14.8% | +20.5% (the higher figure, shaded) |
| Profit CAGR 3Y | +33.3% (the higher figure, shaded) | +9.9% |
| Debt to equity | 0.73× (the lower figure, shaded) | 1.21× |
| Interest cover | 8.5× (the higher figure, shaded) | 5.0× |
| Net profit TTM (₹ Cr) | – | 859 |
| 1Y return | +7.2% (the higher figure, shaded) | +4.7% |
| Promoter holding | 28.02% | 63.27% |
Apollo Hospitals vs Narayana Hrudayalaya: common questions
Which is bigger, Apollo Hospitals or Narayana Hrudayalaya?
By market cap, Apollo Hospitals is bigger at ₹1.2L Cr, against ₹38,650 Cr for Narayana Hrudayalaya (prices as of 6 Nov 2026).
Which has a lower P/E ratio, Apollo Hospitals or Narayana Hrudayalaya?
Apollo Hospitals trades at a P/E of 54.0× and Narayana Hrudayalaya at 44.7×. Narayana Hrudayalaya has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Apollo Hospitals or Narayana Hrudayalaya?
Apollo Hospitals reports a return on equity of 22.5% and Narayana Hrudayalaya 19.1%. Apollo Hospitals has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Apollo Hospitals or Narayana Hrudayalaya?
Over the last three years: Sales grew +14.8% a year at Apollo Hospitals and +20.5% at Narayana Hrudayalaya, so Narayana Hrudayalaya grew sales faster; profit grew +33.3% a year at Apollo Hospitals and +9.9% at Narayana Hrudayalaya, so Apollo Hospitals grew profit faster. Past growth doesn’t predict future growth.