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MEDANTA - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.8

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 3.8

Stock Code MEDANTA Market Cap 28,160 Cr. Current Price 1,047 ₹ High / Low 1,456 ₹
Stock P/E 56.2 Book Value 141 ₹ Dividend Yield 0.05 % ROCE 19.6 %
ROE 15.2 % Face Value 2.00 ₹ DMA 50 1,126 ₹ DMA 200 1,193 ₹
Chg in FII Hold -0.87 % Chg in DII Hold 1.02 % PAT Qtr 107 Cr. PAT Prev Qtr 128 Cr.
RSI 33.8 MACD -22.5 Volume 1,52,655 Avg Vol 1Wk 1,17,720
Low price 1,010 ₹ High price 1,456 ₹ PEG Ratio 1.78 Debt to equity 0.07
52w Index 8.23 % Qtr Profit Var -18.4 % EPS 17.3 ₹ Industry PE 43.5

📊 Core Financials

  • Quarterly PAT declined from ₹128 Cr. to ₹107 Cr., showing short-term weakness.
  • ROCE at 19.6% and ROE at 15.2% → moderate efficiency.
  • Debt-to-equity ratio of 0.07 → low leverage, nearly debt-free.
  • Cash flows supported by hospital operations and healthcare demand.

💹 Valuation Indicators

  • P/E Ratio: 56.2 vs Industry PE of 43.5 → trading at a premium.
  • P/B Ratio: ~7.4x (₹1047 / ₹141) → high valuation relative to book value.
  • PEG Ratio: 1.78 → moderately expensive relative to growth.
  • Intrinsic Value: Current price above fair zone, reflecting optimism in healthcare sector.

🏢 Business Model & Competitive Advantage

  • Multi-specialty hospital chain with strong brand recognition.
  • Focus on premium healthcare services ensures steady demand.
  • Expansion opportunities in India’s growing healthcare market.

📈 Technical & Entry Zone

  • Current Price: ₹1047, below 50 DMA (₹1126) and 200 DMA (₹1193).
  • RSI: 33.8 → oversold zone, potential rebound.
  • MACD: -22.5 → bearish momentum.
  • Entry Zone: Attractive accumulation between ₹1000–₹1050.
  • Long-Term Holding: Suitable for 3–5 year horizon given healthcare demand growth.

✅ Positive

  • Low debt levels.
  • Strong brand presence in healthcare.
  • DII holdings increased by 1.02%, showing institutional confidence.

⚠️ Limitation

  • High P/E and P/B ratios reflect expensive valuation.
  • Quarterly profit decline (-18.4%) raises concerns.

📉 Company Negative News

  • Decline in FII holdings (-0.87%).
  • Stock corrected from 52-week high of ₹1456.

📈 Company Positive News

  • Strong institutional support from DII investors.
  • Healthcare sector tailwinds provide long-term growth opportunities.

🏭 Industry

  • Healthcare sector supported by rising demand and government focus on medical infrastructure.
  • Industry PE at 43.5 indicates investor optimism in healthcare services.

🔎 Conclusion

MEDANTA is a hospital chain with strong brand recognition and low debt, but currently trading at premium valuations.

Short-term earnings weakness and high multiples make it slightly risky, yet long-term healthcare demand supports growth.

Best accumulated around ₹1000–₹1050 for investors with a 3–5 year horizon.

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