Yatharth Hospital Share Price Target 2026: Yatharth Hospital and Trauma Care Services (Yatharth Hospitals) recently announced its performance for Q4 FY26, reporting a 23 per cent year-on-year increase in consolidated net profit to Rs 47.5 crore.
Brokerage Nuvama has reviewed Yatharth Hospital stock along with the rating and revised upside target price.
This was driven by a strong 47 per cent rise in revenue from operations, which reached Rs 341.5 crore. EBITDA grew 37 per cent to Rs 79.9 crore from Rs 58.3 crore in the same quarter last year. However, EBITDA margin moderated by 161 basis points to 23.4 per cent from 25 per cent in Q4 FY25.
Group Average Revenue Per Occupied Bed (ARPOB) rose 5 per cent YoY to Rs 33,283, supported by higher contributions from high-value specialties and solid traction from the company's newer hospitals.
Noida Extension and Greater Noida recorded highest-ever ARPOB at Rs 47.8k (+23 per cent YoY) and Rs 40.3k (+15 per cent YoY) respectively.
New hospitals demonstrating strong ARPOB traction, with New Delhi at ~Rs 40k and Faridabad Sector-20 at ~Rs 38k.
Enhanced mix across existing hospitals, alongside rapid scale-up of newer hospitals to elevate the Group's ARPOB in coming years.
Nuvama on Yatharth Hospital
- Q4FY26 revenue/EBITDA were in-line with estimates
- PAT beat estimates by ~5 per cent
- EBTIDA margin at ~23.4 per cent (-34bp below estimate)
- Well positioned for sustained high growth
- Existing hospitals lead growth
- Robust occupancy
- Plans to expand to 5,000 beds
- Brownfield expansion gives comfort
- Improving governance remains encouraging
- Reckon revenue/EBITDA CAGR of ~30 per cent/~33 per cent over FY26-28E
- Value the stock at ~20x H1FY28E EV/EBITDA
Yatharth Hospital Share Price Target 2026
Nuvama maintained a Buy rating with a target price of Rs 950 vs Rs 920.
Yatharth Hospital Share Price Today
At 9:41 AM on Wednesday, the stock was trading at Rs 825.25, up 1.21 per cent from its previous closing, on BSE.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
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