Recommendation by the Board to the Shareholders, the issuance of Non-Convertible Securities up to Rs. 1,500 Crores in the Board Meeting held on May 23, 2025.
Awaiting price reaction for this filing.
Narayana Hrudayalaya's Board met on May 23, 2025 and approved audited standalone and consolidated results for FY25 with an unmodified audit opinion from Deloitte Haskins & Sells LLP. Standalone revenue from operations grew to Rs. 3,590.12 crore (from Rs. 3,265.70 crore), a ~9.9% YoY rise, while net profit rose modestly to Rs. 431.14 crore (from Rs. 424.52 crore), about 1.6% higher. EBITDA stood at Rs. 813.70 crore with operating margin expanding slightly to 18.71% from 18.24%. The Board recommended a final dividend of Rs. 4.50 per share with August 1, 2025 as the record date, and will seek shareholder approval to issue up to Rs. 1,500 crore of debt securities (NCDs) on a private placement basis. The company also appointed Vinod Kothari & Company as Secretarial Auditor for five years.
Modest earnings growth and a steady dividend signal financial stability, but the rising debt-equity ratio (now 0.73 vs 0.55) combined with a large proposed NCD raise of Rs. 1,500 crore points to higher leverage ahead. Shareholders may see steady income from dividends but should watch for any incremental interest burden and capex-related debt.