Healthcare
Nephrocare Health Services Limited (nephroplus) Q4 FY26: Revenue Up 21.2%, Adjusted Ebitda Rises 2.6%
Nephrocare Health Services Limited (NEPHROPLUS) reports Q4 FY26 revenue up 21.2% to ₹265.6 crore, adjusted EBITDA rises 2.6% to ₹55.4 crore.
Nephrocare Health Services Limited (NSE: NEPHROPLUS), Asia’s largest dialysis network under the brand “NephroPlus” announced its Financial Results for fourth quarter and full year ended 31st March 2026. The company reported a revenue of ₹ 998.8 crore for FY26, an increase of 32.2% YoY. In the fourth quarter, revenue stood at ₹ 265.6 crore, a growth of 21.2% YoY. This growth was mainly driven by a 16.6% YoY increase in treatment volumes in FY26. The company’s Adjusted EBITDA* for FY26 was ₹ 238.1 crore, an increase of 37.6% YoY. The company’s Adjusted EBITDA* for Q4 FY26 was ₹ 55.4 crore, a rise of 2.6% YoY. Commenting on the results, Mr. Vikram Vuppala – Chairman & MD said, “The efficiency engine we have built over the last 16 years serves us well to deliver high quality efficient care across several countries. Focus on excellent clinical outcomes while improving operational efficiency remains the key. Along with focus on scale, we are working hard on digital innovation to transform the way we run operations across our dialysis network.”
Operational Highlights
The company reported 38,44,658 treatments for FY26, a 16.6% increase YoY. The Revenue Per Treatment (RPT) for FY26 was ₹ 2,598, up 13.3% YoY. The number of guests as on 31st March 2026 was 36,981, a growth of 11.8% YoY.
Forward-Looking Statement
As we move into FY27, we remain focused on sustaining this momentum through organic growth, prudent capital allocation and continued platform leverage, while systematically pursuing the significant opportunities ahead, said Mr. Prashant Goenka, Chief Financial Officer.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Nephrocare Health Services Limited
Nephrocare Health Services Limited belongs to the Healthcare › Medical Care Facilities sector. Here’s a quick read on where the business and the stock stand today.
Nephrocare rises 11.7% over three months, with buying pressure holding steady. Thin margins at 7.5% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The business compounds revenue at 16.5% and profits at 67.7% CAGR. That is strong double-digit growth on both counts. RSI hits 76, a level that signals the stock runs hot. Notably, buyers drove volume on 17 recent sessions — though at these levels, some profit-taking is normal. Both the business and the stock move in the right direction. Revenue grows at 16.5%, profits at 67.7%, and the PEG sits at 1.36 — below its growth rate. That combination is rare. Check Fundamentals of Nephrocare Health Services Limited.
Healthcare
Sun Pharmaceutical Industries Limited Announces Two-year Data for Leqselvi® in Severe Alopecia Areata
Sun Pharmaceutical Industries Limited (SUNPHARMA) shares two-year efficacy and safety data for LEQSELVI® in severe alopecia areata at EADV Congress 2026.
Sun Pharmaceutical Industries Limited (SUNPHARMA) announced today that LEQSELVI® (deuruxolitinib) will be featured in seven presentations at the 2026 European Academy of Dermatology and Venereology (EADV) Congress, including a featured oral presentation reporting long-term safety results from a European open-label extension (OLE) study evaluating up to two years of treatment in adults with severe alopecia areata (AA). The featured oral presentation found that the safety profile of LEQSELVI remained consistent with previous clinical experience through up to two years of open-label treatment in adults with severe AA.
Long-Term Efficacy and Safety
Most treatment-emergent adverse events were mild or moderate in severity, treatment discontinuations due to adverse events were uncommon, and no deaths, thrombosis, or major adverse cardiovascular events were reported among patients receiving the FDA-approved dose of 8 mg twice-daily. Long-term efficacy analyses presented in a poster also showed durable scalp hair regrowth through Week 108 in patients receiving LEQSELVI in the European OLE. Of OLE baseline treatment responders maintaining response at Week 52 and continuing in the study, 93.9% maintained response at Week 108. Many patients (76.6%) who were baseline nonresponders achieved response by Week 52.
Clinical Significance
“Severe alopecia areata is a chronic autoimmune disease, making long-term treatment considerations particularly important for both patients and their clinicians,” said Arash Mostaghimi, MD, MPA, MPH, FAAD, Vice Chair of Clinical Trials and Innovation and Associate Professor of Dermatology at Brigham and Women’s Hospital. “Collectively, these data show durable efficacy and maintenance of response for deuruxolitinib over time and reinforce the growing body of evidence supporting its use as a long-term treatment option for eligible adults.”
The LEQSELVI data presentation is one of 22 presentations from Sun Pharma across its dermatology and immunology portfolio. LEQSELVI® (deuruxolitinib) 8 mg tablets is an oral selective inhibitor of Janus kinases JAK1 and JAK2 FDA-approved for the treatment of adults with severe alopecia areata.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Sun Pharmaceutical Industries Limited
Sun Pharmaceutical Industries Limited belongs to the Healthcare › Drug Manufacturers – Specialty & Generic sector. Here’s a quick read on where the business and the stock stand today.
Sun moves sideways over three months, with neither buyers nor sellers taking control. The PEG reaches 3.38. The stock trades on brand and index weight, not on growth. Premium net margins of 20.2% demonstrate strong cost discipline and a wide competitive moat. The stock holds at 47% of its 52-week range with RSI at 37. In other words, neither side has a clear edge right now. Revenue grows at 10.4% and profits at 10.6% CAGR, with D/E of 0.03. Meanwhile, the stock dips 5.5% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of Sun Pharmaceutical Industries Limited.
Healthcare
Global Health Limited (medanta) Secures Land Parcel for New Hospital in Ghaziabad
Global Health Limited (MEDANTA) secures a 10,560 sq. metre land parcel in Ghaziabad for a potential 350+ bedded hospital, expanding its healthcare footprint.
Global Health Limited (NSE: MEDANTA), one of the largest private multi-specialty tertiary care providers in India, announced the acquisition of a 10,560 sq. metre land parcel in Siddharth Vihar Yojna, Ghaziabad, Uttar Pradesh. The land, allotted by the Uttar Pradesh Housing & Development Board (UPAVP), was secured for approximately ₹165.82 crore through an online auction. This strategic acquisition aims to develop a 350+ bedded hospital, pending customary and statutory approvals and board approval.
Strategic Expansion in Ghaziabad
The proposed hospital is expected to enhance Global Health Limited’s presence in the Delhi-NCR healthcare ecosystem, providing high-quality tertiary and quaternary care services to the rapidly growing population of Ghaziabad and surrounding areas. Ghaziabad, with its large and growing population, increasing urbanization, and strong connectivity with Delhi-NCR, represents a compelling long-term healthcare opportunity. The Siddharth Vihar location offers a platform to establish a large integrated healthcare facility, addressing the growing demand for advanced medical care.
Future Healthcare Footprint
Commenting on the acquisition, Mr. Pankaj Sahni, Group CEO and Director, stated, “We see Ghaziabad as a compelling long-term healthcare opportunity within the broader Delhi-NCR market. The region has undergone significant urban and economic development and continues to see increasing demand for advanced, specialized healthcare services. The Siddharth Vihar land parcel offers us a strategically located platform to potentially develop a large integrated hospital and extend our clinical capabilities to a wider patient catchment.” The proposed hospital will complement Medanta’s existing presence in Noida, strengthening the healthcare network across eastern and central parts of the Delhi-NCR region.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Global Health Limited
Global Health Limited belongs to the Healthcare › Medical Care Facilities sector. Here’s a quick read on where the business and the stock stand today.
Global posts a 9.1% three-month gain, but softens in the last few weeks. The PEG reaches 3.56. The stock trades on brand and index weight, not on growth. The business compounds revenue at 17.2% and profits at 19.5% CAGR. That is strong double-digit growth on both counts. The stock gives back 2.6% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. The stock rises 9.1% in three months on 17.2% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Global Health Limited.
Healthcare
Zydus Lifesciences Limited (zyduslife) USFDA Inspection Concludes at Ahmedabad Plant
Zydus Lifesciences Limited (ZYDUSLIFE) announces USFDA inspection conclusion at Ahmedabad plant with one observation, no data integrity issues.
Zydus Lifesciences Limited (ZYDUSLIFE) announced the conclusion of a USFDA cGMP inspection at its manufacturing plant in SEZ II, Ahmedabad. The inspection, conducted from September 21 to 28, 2026, closed with one observation. Notably, there were no data integrity-related observations. The company will closely collaborate with the USFDA to address the observation promptly.
Inspection Highlights
The USFDA’s inspection focused on the company’s compliance with current Good Manufacturing Practices (cGMP). The inspection duration was a week, and it concluded with a single observation. Zydus Lifesciences Limited remains committed to maintaining high standards of manufacturing and quality control.
No Data Integrity Issues
One of the critical aspects of the inspection was the verification of data integrity. Fortunately, there were no data integrity-related observations, which is a significant positive outcome for the company. This ensures that the company’s manufacturing processes are robust and reliable.
Forward-Looking Statement
Zydus Lifesciences Limited will work closely with the USFDA to address the observation expeditiously. The company remains dedicated to ensuring compliance and enhancing its manufacturing processes to meet the highest standards.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Zydus Lifesciences Limited
Zydus Lifesciences Limited belongs to the Healthcare › Drug Manufacturers – Specialty & Generic sector. Here’s a quick read on where the business and the stock stand today.
Zydus rises 9.2% over three months, with buying pressure holding steady. The PEG of 0.73 signals undervaluation relative to growth. It is a potential re-rating candidate. The business compounds revenue at 16.5% and profits at 37.0% CAGR. That is strong double-digit growth on both counts. Buyers show up with 1.8x the volume of sellers. Moreover, they dominated on 18 of recent sessions versus 12 for sellers — a healthy accumulation pattern. Both the business and the stock move in the right direction. Revenue grows at 16.5%, profits at 37.0%, and the PEG sits at 0.73 — below its growth rate. That combination is rare. Check Fundamentals of Zydus Lifesciences Limited.
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