NH Q4 Results 2026 Preview: Date, Time, Expectations & Key Things To Watch

Narayana Hrudayalaya is a leading healthcare provider known for its high-volume, low-cost clinical model across India, the Cayman Islands, and now the UK. Investors will be focused on the integration progress of the Practice Plus Group acquisition and the company's ability to maintain margin discipline while navigating a significant capital expenditure cycle.

NH Q4 Results Date and Time

The board meeting is scheduled for May 22, 2026, to consider the audited financial results, recommend dividend for FY2026, and discuss a proposal to raise capital via debt securities.

The investor conference call is scheduled for May 26, 2026, at 3:00 p.m. IST to discuss the audited financial results.

What to expect from NH's Q4 FY26 results

In its most recently reported quarter, Narayana Hrudayalaya posted revenue of Rs. 2,151.2 Cr, PAT of Rs. 254.8 Cr, and an EBITDA margin of 21.7%. The company is executing a massive Rs. 3,000 Cr India-focused capex plan spanning FY26-FY28, targeting an expansion to 7,600+ operational beds by FY30. Management continues to prioritize operational efficiency through its Athma and Medha digital platforms, which aim to reach 70% digital appointment booking by year-end. While the UK acquisition has increased the net debt/equity ratio to 0.53x as of December 2025, leadership remains focused on long-term margin improvement and integrating the Practice Plus Group assets.

Key Things To Watch

Performance vs Guidance Tracking: Tracking progress against long-term strategic targets.

• Bed capacity target of 7,600+ beds by FY30 — currently at ~5,900 operational beds
• India capex spend of Rs. 3,000 Cr for FY26-FY28 — FY26 projected at Rs. 4,240 Cr
• Net Debt/EBITDA ratio — target of below 2.5x

Strategic execution and capex updates: Updates on major infrastructure projects and operational integration.

• Progress of HSR and Rajarhat greenfield projects scheduled for FY28 completion
• Integration status of Practice Plus Group and the new Propco structure in the UK
• Implementation timeline for the NH Integrated Care demerger

Operating metric trajectory: Key performance indicators across core markets.

• Turnaround progress for Gurgaon and Mumbai hospitals facing competitive pressures
• Underwriting performance improvement for the Cayman insurance business
• Working capital management following the deterioration to 66 days reported in March 2025