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← CockpitCompetitor Analysis › PARASHLTH.NS Paras Healthcare LimitedOpen in the cockpit ↗

Paras Healthcare LimitedPARASHLTH.NSCompetitor analysis, valuation and peers

India · INR·Pharma & Healthcare›Hospital/Nursing Management
Mkt cap
$844M
US dollars, full cap
$/day
$15.2M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-3.7 pp
WACC 12.6%
Hurdle
n/a
no reverse DCF
Close · INR₹734.55
1D-5.1%
1W-0.8%
1Mn/a
3Mn/a
6Mn/a
YTDn/a
1Yn/a

What Paras Healthcare does

Employees: 4,141

Paras Healthcare at a glance

Size Paras Healthcare (PARASHLTH.NS) is an India Health Care company (Hospital/Nursing Management) with a market value of $844M, the 649th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹734.55 on 6 Nov 2026.

Growth Revenue grew 24.1% over the last twelve months (peer median +12.3%); the operating margin is 11.0% (peer median 10.3%).

Valuation It trades at 5.6× enterprise value to sales against a peer median of 3.2× (5th most expensive of 21).

Capital Return on invested capital runs 3.7 points below its cost of capital (12.6% WACC).

Paras Healthcare financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenuen/a₹16.1B₹12.9B₹11.3B₹9.18B
Revenue growth—+24%+15%+23%—
Gross profitn/a₹7.20B₹2.62B₹4.50B₹3.69B
EBITDAn/a₹3.20B₹1.41B₹1.23B₹1.25B
Net incomen/a₹438M-₹580M-₹153M-₹428M
Free cash flown/a-₹531M-₹791M-₹1.34B-₹834M
Capital expendituren/a₹1.69B₹1.37B₹1.98B₹1.13B
Total debtn/a₹13.9B₹12.3B₹9.24B₹7.56B

Quarterly statements and history in the cockpit →

Paras Healthcare competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Fundamentals: revenue growth against valuation

0%+10%+20%2×4×6×CBAVHCGA50JLHLKOVAIYATHARTHRHKGDSPARKHOSPSCVSGBSLGHCRAINBOWARTEMISMED301293AEVS0005162609SIAPARASHLTH.NSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Paras Healthcare is the large dot.

Paras Healthcare competitors and peer comparison

How Paras Healthcare compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Paras Healthcare against its 20 peers (data as of 6 Nov 2026)
MeasurePARASHLTH.NSPeer medianRank in peer set
Revenue growth (TTM)+24.1%+12.3%2nd highest of 21
Operating margin11.0%10.3%8th highest of 20
EV / Sales5.6×3.2×5th most expensive of 21
ROIC minus cost of capital-3.7 pp-2.3 pp6th lowest of 20
EV / EBITDA28.4×16.5×2nd most expensive of 17
Net debt / EBITDA3.4×1.0×6th most indebted of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Paras Healthcare PARASHLTH.NSIndia$844Mn/a+24%11%5.6×n/an/a
Clinica Baviera CBAV.MCSpain$940M-7%+11%20%2.5×0.7%+19.7%
HealthCare Global Enterprises HCG.NSIndia$950M-2%+14%8%3.4×n/an/a
Thomson Medical A50.SISingapore$953M-21%+6%10%5.5×20.9%+11.8%
Jupiter Life Line Hospitals JLHL.NSIndia$1,000M+14%+17%16%6.0×n/an/a
Kovai Medical Center & Hospital KOVAI.NSIndia$689M+4%+15%21%4.0×16.3%+18.1%
Yatharth Hospital and Trauma Care Services YATHARTH.NSIndia$1.05B+25%+50%16%6.8×n/an/a
Rhon-klinikum RHK.DEGermany$1.08B+14%+5%3%0.6×n/an/a
Ramsay Generale de Sante GDS.PAFrance$1.09B-15%+3%4%0.9×6.3%+6.0%
Park Medi World PARKHOSPS.NSIndia$1.15B+2%+21%n/a8.1×30.5%+10.2%
CVS CVSG.LUnited Kingdom$1.23B+20%+6%11%1.7×13.7%+6.9%
Raffles Medical BSL.SISingapore$1.25B-15%-3%11%1.8×-2.4%+6.1%
Garofalo Health Care GHC.MIItaly$540M+1%+4%10%1.5×1.8%+18.3%
Rainbow Childrens Medicare RAINBOW.NSIndia$1.34B-4%+23%22%6.9×30.2%+21.2%
Spire Healthcare SPI.LUnited Kingdom$1.34B+68%+2%8%1.4×9.8%+11.4%
Artemis Medicare Services ARTEMISMED.NSIndia$514M+16%+15%14%4.4×45.8%+21.5%
Sanbo Hospital Management 301293.SZChina$1.48B-21%+17%6%5.4×n/an/a
Aevis Victoria AEVS.SWSwitzerland$1.49B+9%+15%-6%1.8×26.6%+10.2%
Xi'an International Medical Investment 000516.SZChina$1.54B0%-1%-2%3.2×13.6%+20.6%
Bayzed Health 2609.HKHong Kong$453M-49%-2%5%2.9×17.4%+9.2%
Sienna Senior Living SIA.TOCanada$1.63B-11%+16%10%3.2×19.6%+8.6%

Questions

Which companies are Paras Healthcare's closest peers?
The cockpit's peer set: Clinica Baviera (CBAV.MC), HealthCare Global Enterprises (HCG.NS), Thomson Medical (A50.SI), Jupiter Life Line Hospitals (JLHL.NS), Kovai Medical Center & Hospital (KOVAI.NS), Yatharth Hospital and Trauma Care Services (YATHARTH.NS), Rhon-klinikum (RHK.DE), Ramsay Generale de Sante (GDS.PA).
Is Paras Healthcare expensive compared with its peers?
On ev / sales it trades at 5.6× against a peer median of 3.2×, 5th most expensive of 21 in its peer set.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.