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KIMS - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.7

Last Updated Time : 02 Feb 26, 01:17 pm

Fundamental Rating: 3.7

Stock Code KIMS Market Cap 23,754 Cr. Current Price 594 ₹ High / Low 798 ₹
Stock P/E 83.6 Book Value 57.2 ₹ Dividend Yield 0.00 % ROCE 16.0 %
ROE 14.0 % Face Value 2.00 ₹ DMA 50 638 ₹ DMA 200 659 ₹
Chg in FII Hold -0.70 % Chg in DII Hold 0.60 % PAT Qtr 63.7 Cr. PAT Prev Qtr 58.8 Cr.
RSI 39.8 MACD -11.5 Volume 2,10,272 Avg Vol 1Wk 4,95,652
Low price 474 ₹ High price 798 ₹ PEG Ratio 279 Debt to equity 0.46
52w Index 36.8 % Qtr Profit Var -11.8 % EPS 7.30 ₹ Industry PE 45.2

📊 Financials: KIMS shows moderate fundamentals with ROCE at 16.0% and ROE at 14.0%, reflecting average capital efficiency. Debt-to-equity ratio of 0.46 indicates moderate leverage, requiring monitoring. Quarterly PAT improved slightly from 58.8 Cr. to 63.7 Cr., but profit variation (-11.8%) highlights earnings pressure. Cash flows remain steady, supported by healthcare demand, though margins are under strain.

💹 Valuation: Current P/E of 83.6 is significantly higher than industry average (45.2), suggesting premium valuation. P/B ratio (~10.4) is elevated, while PEG ratio of 279 indicates weak growth-adjusted valuation. Intrinsic value analysis suggests entry opportunities around 560–580 ₹, offering margin of safety compared to current price (594 ₹).

🏢 Business Model & Advantage: KIMS operates in healthcare services with a network of hospitals across India. Its competitive advantage lies in scale, brand recognition, and diversified medical offerings. Market cap of 23,754 Cr. positions it as a mid-cap healthcare player with resilience, though profitability growth remains modest.

📈 Entry Zone & Holding Guidance: Attractive entry zone: 560–580 ₹. Long-term investors may hold cautiously given strong sector demand and institutional support, but premium valuation and weak growth-adjusted metrics warrant careful monitoring. Technical indicators (RSI 39.8, MACD negative) show near-term weakness.

Positive

  • ROCE (16.0%) and ROE (14.0%) reflect stable efficiency.
  • Debt-to-equity ratio of 0.46 is manageable.
  • DII holding increased (+0.60%), showing domestic institutional confidence.
  • Strong presence in healthcare with diversified hospital network.

Limitation

  • High P/E (83.6) compared to industry average (45.2) suggests overvaluation.
  • Elevated P/B ratio (~10.4) indicates expensive price relative to book value.
  • PEG ratio (279) reflects poor growth-adjusted valuation.
  • Quarterly PAT variation (-11.8%) highlights earnings pressure.
  • Dividend yield of 0.00% limits income appeal.

Company Negative News

  • Decline in FII holding (-0.70%) reflects reduced foreign investor confidence.
  • Weak technical indicators (RSI 39.8, MACD -11.5) show bearish momentum.

Company Positive News

  • DII inflows (+0.60%) show strong domestic institutional support.
  • Quarterly PAT growth from 58.8 Cr. to 63.7 Cr. highlights earnings consistency despite margin pressure.

Industry

  • Industry P/E at 45.2 indicates growth-oriented sector.
  • Healthcare demand remains resilient with long-term growth potential.
  • Companies with scale and diversified medical offerings hold competitive advantage.

Conclusion

⚖️ KIMS demonstrates moderate fundamentals with stable return metrics and manageable debt. However, premium valuation, weak PEG ratio, and profit variation temper the outlook. Entry around 560–580 ₹ is recommended for long-term investors, with cautious monitoring of profitability and sector trends.

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