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    Indraprastha Medical Corporation Limited

    Operates Indraprastha Apollo Hospitals in Delhi (Sarita Vihar) and Noida, part of the Apollo Hospitals Group.

    Healthcare
    Healthcare
    ₹370.8
    -3.64% from avg

    Overview

    Price

    ₹370.8

    Market Cap

    ₹3.4k Cr

    Sector

    Healthcare

    Healthcare

    Rank

    4

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital9292929292929292
    Reserves176181234288386505567649
    Borrowings435234333137
    Other Liabilities177157131173212222264214
    Total Liabilities449432462555723852954991
    AssetsFixed Assets303283277275347328351365
    CWIP030303323
    Investments000000390
    Other Assets146145185278376491563624
    Total Assets449432462555723852954991

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating75862794144200157167
    Cash from Investing-17-40-19-74-108-158-111-178
    Cash from Financing-44-43-3-3-26-32-46-46
    SummaryCapital Expenditure
    Free Cash Flow5846665100131120108
    FCF Margin

    Valuation

    Assumptions

    Current — INDRAMEDCO
    Price
    ₹371
    EPS (TTM)
    ₹20.03
    PE (TTM)
    18.5
    Profit growth
    28.6%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (18.6×) and current (18.5×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹371
    vs
    Fair value · 15% return
    ₹626
    69%Undervalued

    At 28.6% growth and a 19× exit, ₹371 only delivers your return if you pay ₹626. The price is currently baking in 17% growth.

    EPS grows 28.6%/yr for 5 years, then fades to 6% over 2, exits at 19×.

    YearGrowthEPS (₹)
    FY2728.6%25.76
    FY2828.6%33.13
    FY2928.6%42.60
    FY3028.6%54.78
    FY3128.6%70.45
    FY3217.3% ·fade82.64
    FY336.0% ·fade87.60

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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