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APOLLOHOSP - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.7

Last Updated Time : 25 May 26, 12:02 am

Fundamental Rating: 3.7

Stock Code APOLLOHOSP Market Cap 1,20,282 Cr. Current Price 8,361 ₹ High / Low 8,440 ₹
Stock P/E 80.1 Book Value 693 ₹ Dividend Yield 0.23 % ROCE 17.6 %
ROE 16.1 % Face Value 5.00 ₹ DMA 50 7,768 ₹ DMA 200 7,463 ₹
Chg in FII Hold -0.92 % Chg in DII Hold 1.26 % PAT Qtr 382 Cr. PAT Prev Qtr 392 Cr.
RSI 72.1 MACD 160 Volume 5,88,234 Avg Vol 1Wk 6,85,211
Low price 6,680 ₹ High price 8,440 ₹ PEG Ratio 6.76 Debt to equity 0.32
52w Index 95.5 % Qtr Profit Var 14.7 % EPS 104 ₹ Industry PE 48.6

📊 Financial Overview:

APOLLOHOSP shows strong revenue and profit generation but faces valuation concerns. Quarterly PAT stood at ₹382 Cr., slightly lower than the previous ₹392 Cr. ROCE at 17.6% and ROE at 16.1% indicate healthy capital efficiency. Debt-to-equity at 0.32 is manageable, though leverage is higher than peers. EPS at ₹104 reflects solid profitability. Cash flows appear stable, supported by consistent earnings and strong hospital operations.

💹 Valuation Indicators:

The stock trades at a P/E of 80.1, significantly above the industry average of 48.6, suggesting overvaluation. P/B ratio is ~12.1 (8361 ÷ 693), which is elevated. PEG ratio of 6.76 indicates poor valuation relative to growth prospects. Dividend yield of 0.23% is minimal, offering little income support. Intrinsic value appears lower than current price, limiting upside potential.

🏢 Business Model & Advantage:

APOLLOHOSP operates in healthcare services, with a strong presence in hospitals, pharmacies, and diagnostics. Its competitive advantage lies in brand strength, scale, and integrated healthcare offerings. Institutional sentiment is mixed, with FIIs reducing holdings (-0.92%) while DIIs increased (+1.26%), reflecting cautious optimism.

📈 Entry Zone:

Technically, support lies near ₹7,768 (50 DMA) and ₹7,463 (200 DMA). A favorable entry zone would be between ₹7,500–₹7,800 if valuations cool down. Long-term investors may hold given strong fundamentals and sector growth, though stretched valuations warrant caution.


Positive

  • 📌 Strong ROCE (17.6%) and ROE (16.1%) indicate healthy efficiency.
  • 📌 EPS of ₹104 reflects solid profitability.
  • 📌 DII holdings increased (+1.26%), showing domestic investor confidence.
  • 📌 Strong brand presence and diversified healthcare services.

Limitation

  • ⚠️ Very high P/E (80.1) compared to industry average (48.6).
  • ⚠️ Elevated P/B ratio (~12.1).
  • ⚠️ PEG ratio (6.76) suggests poor valuation relative to growth.
  • ⚠️ Dividend yield (0.23%) is minimal.
  • ⚠️ FII holdings decreased (-0.92%), showing reduced foreign confidence.

Company Negative News

  • 📰 Slight decline in quarterly PAT (₹382 Cr. vs ₹392 Cr.) raises caution.

Company Positive News

  • 📰 Strong institutional support from DIIs (+1.26%).
  • 📰 Continued leadership in healthcare services with integrated offerings.

Industry

  • 🌐 Healthcare industry benefits from rising demand for hospitals, diagnostics, and pharmacies in India.
  • 🌐 Industry P/E at 48.6 reflects growth potential, while APOLLOHOSP trades at a steep premium.

Conclusion

✅ APOLLOHOSP is financially strong with solid profitability, efficient returns, and a leading healthcare brand. However, stretched valuations and modest dividend yield make it risky for fresh entry. Entry is advisable near ₹7,500–₹7,800 with caution. Long-term holding is supported by sector growth and brand strength, but investors should monitor earnings momentum and valuation multiples closely.

For deeper insights, you could explore a peer comparison or a healthcare sector outlook to complement this analysis.

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