India's and Asia's largest dialysis clinic network, operating 524 clinics across 5 countries.
Price
Market Cap
Sector
Healthcare
Rank
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 2 | 2 | 2 | 2 | 2 | 4 | 20 |
| Reserves | 245 | 391 | 384 | 409 | 579 | 713 | 1.1k |
| Borrowings | 140 | 119 | 200 | 271 | 261 | 261 | 80 |
| Other Liabilities | 42 | 59 | 81 | 124 | 153 | 215 | 271 |
| Total Liabilities | 428 | 571 | 666 | 806 | 994 | 1.2k | 1.5k |
| AssetsFixed Assets | 192 | 205 | 239 | 356 | 396 | 475 | 517 |
| CWIP | 2 | 43 | 34 | 1 | 6 | 11 | 6 |
| Investments | 0 | 0 | 0 | 0 | 51 | 123 | 178 |
| Other Assets | 234 | 322 | 393 | 449 | 542 | 585 | 767 |
| Total Assets | 428 | 571 | 666 | 806 | 994 | 1.2k | 1.5k |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 32 | 14 | 11 | 72 | 135 | 233 |
| Cash from Investing | -62 | -130 | -76 | -52 | -125 | -392 |
| Cash from Financing | 36 | 121 | 60 | 27 | 54 | 157 |
| SummaryCapital Expenditure | — | — | — | — | — | — |
| Free Cash Flow | -29 | -64 | -62 | -8 | 35 | 113 |
| FCF Margin | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
NEPHROPLUS · CYCLICAL_UNMODELABLE
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