Q4FY21 Result Update - Narayana Hrudayalaya - ICICI Direct

Narayana posted strong QoQ, YoY growth, better than our estimates across all fronts. Revenues grew 12.8% YoY to Rs. 838 crore with India sales growing 9.5% YoY to Rs. 700 crore. Revenues from Cayman operations grew 30.6% YoY to US$18.5 million due to lower base and strong ARPOB traction. On the EBITDA front, margins expanded 399 bps to 16.9% amid lower employee & other expenditure. Subsequently, EBITDA grew 47.7% YoY to Rs. 141 crore. Adjusted PAT for the quarter was at Rs. 68 crore, nearly 3x Q4FY20.

For details, click on the link below: Link to the report

Shares of Narayana Hrudayalaya Ltd was last trading in BSE at Rs.494 as compared to the previous close of Rs. 487.95. The total number of shares traded during the day was 76807 in over 2419 trades.

The stock hit an intraday high of Rs. 508.85 and intraday low of 490.7. The net turnover during the day was Rs. 38243570.

Source : Equity Bulls

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