Narayana Hrudayalaya Ltd. · NSE:NH
Narayana Hrudayalaya — Q2 FY26 Earnings Presentation
20 slides from Narayana Hrudayalaya's earnings presentation, Nov 14, 2025
Slide 1: Exchange submission letter for investor presentation
Date of submission: November 14, 2025 To, To, The Secretary The Secretary Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, Bandra Kurla Complex Phiroze Jeejeebhoy Towers, Mumbai – 400 051 Dalal Street, Mumbai
Slide 2: Earnings Update Q2 FY26
Earnings Update Q2 FY26 August 02, 2023
Slide 3: Index
Topic Slide No. Our Footprint 03 Narayana Health at a Glance 04 Q2 FY26 Highlights 05 Index Capex 14 Digital Transformation Initiatives 15 Narayana Health ESG Vision – “Health For All” 16 Shareholding Pattern 17 2
Slide 4: Our Footprint
Our Footprint South As on 1st October 2025 Hospitals - 6 | Heart Centres - 2 | Clinics - 14 | Diagnostic Centre - 1 Operational beds - 2,045 (Hospitals) - 132 (Heart Centres) Delhi NCR East Hospitals - 7 | Clinics - 4| Dialysis Centre - 1 Jaipur Operational beds - 2,030 Guwahati Ahmedabad Jamshedpur
Slide 5: Narayana Health – At Glance
Narayana Health – At Glance 5,915 Facility Details No. of Facilities Operational Beds Capacity Beds Owned / Operated Hospitals(1,3) 18 5,257 7.1 Mn(2) Average Effective Capital Cost per Operational Bed Heart Centres 2 132 Clinics and Dialysis Centre 20 0 Total 18,718 Clinical : 11,512 Non-clinical :
Slide 6: Key Highlights – Operational & Financial Performance (Q2 FY26)
Key Highlights – Operational & Financial Performance (Q2 FY26) • Received the prestigious award for Clinical Governance from International Hospital Federation (IHF) and American college of Healthcare executives (ACHE) for Advancing Safety through Governance at their annual Congress in Geneva. • Nara
Slide 7: India Operations – Revenue (Q2 FY26)
₹ Mn India Operations – Revenue (Q2 FY26) Total* Domestic 15,004 12,331 11,707 11,344 11,316 10,482 10,825 10,004 10,004 9.0% QoQ 8.1% QoQ 5,004 5,004 4 4 Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 8.7% YoY 11.7% YoY International Integrated Care - NHIC and NHIL 900 762 190 800 700 155 144 600
Slide 8: India Hospital Operations – Revenue Mix (Q2 FY26)
India Hospital Operations – Revenue Mix (Q2 FY26) Business Mix(4,7,8) Specialty-Profile(4,7,8) Payor-Profile(4,7,8) 4% 16% 18% 25% 33% 4% 7% 47% 1% 73% 9% 0% 14% 31% 15% Owned Hospitals (1) Cardiac Sciences Medicine and GI sciences Domestic Walk-in patients Operated Hospitals (2) Oncology Renal Scie
Slide 9: Operational Review – India Hospitals (Q2 FY26)
Operational Review – India Hospitals (Q2 FY26) Average Revenue Per Patient (IP & OP) (1,2) ALOS ₹ ‘000 Days 4.7 148.7 149.4 4.5 136.4 4.5 4.3 4.3 OP 4.3 IP 4.1 4.5 4.8 4.8 3.9 3.7 Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 Patient Footfalls (IP & OP)(1,3) 110 ICU Occupied Bed Days ‘000 700 664
Slide 10: Cluster Split – India Hospitals (Q2 FY26)
Cluster Split – India Hospitals (Q2 FY26) This considers owned/operated hospitals & heart centers in India Southern Eastern Western Bangalore Kolkata Northern Peripheral Peripheral • NICS • Mysore • RTIICS • Jamshedpur • Mumbai • Gurugram Regions • MSMC • Shimoga • Barasat • Guwahati • Ahmedabad • N
Slide 11: Profitability Snapshot – India Hospitals (Q2 FY26)
Profitability Snapshot – India Hospitals (Q2 FY26) Excludes Jammu, NHIC, NHIL, ATHMA & MEDHA (2) EBITDA and EBITDA Margin (1) Cost Structure ₹ ‘Mn % of Operating Revenues Q2 FY25 Q1 FY26 Q2 FY26 Chart Title Share Rental / Revenue (7) 23.8% 2,500 21.7% 24.0% 2% 2% 2% 2,400 20.6% 100% 23.0% 2,300 90%
Slide 12: NH Integrated Care and Insurance: Snapshot
NH Integrated Care and Insurance: Snapshot Program running since September 2022 at select Bengaluru and Hosur locations 11* 154,909* ₹155.77 Mn.* ₹86.99 Mn.** Q2 FY26 Q2 FY26 YTD Q2 FY26 As on 30th September 2025 Points of Presence Patient Transactions Revenue - Integrated Care GWP - Insurance Expan
Slide 13: Operational Review – Cayman Islands (Q2 FY26)
Operational Review – Cayman Islands (Q2 FY26) Hospital Revenues Insurance Revenues (CIHL) US$ Mn US$ Mn 44.0 42.6 41.6 10.0 9.3 39.0 8.0 6.0 5.3 34.0 29.2 4.0 29.0 2.0 0.6 24.0 0.0 Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 Discharges Out-Patients 13,500 850 12,301 785 12,500 738 11,804 750 11,
Slide 14: Consolidated Financial Performance
Consolidated Financial Performance Figures in ₹ Mn, unless stated otherwise Profit and Loss Statement(1) Key Balance Sheet Items(1) Particulars (₹ Mn) Q2 FY25 Q2 FY26 Particulars 30th Sep 2025 Total Operating Revenue 13,667 16,438 Consumption 2,894 3,222 Shareholder Equity 40,619 Doctors Expenses 2,
Slide 15: Expansion: Progress Status & Capex Strategy
Expansion: Progress Status & Capex Strategy Building to strengthen our presence in flagship regions Current Bed Capacity Bed Capacity Addition Bed Capacity Target 400 7,600+ 7,685 Capex Head FY26 (P) FY26 (A) 300 100 350 350 220 Greenfield/ 5,750 215 4,240 166 Inorganic Brownfield/ 159 82 Capacity A
Slide 16: Digital Transformation Initiatives
•Incident Management achieved 50% reduction in patient incidents. Digital Transformation Initiatives Impact | Mobile Apps Launch | New Products Initiatives | Business GTM | ATHMA • Completed the first fully digital • Tablet-first EMR intelligence platform • Incident Management achieves 50% • India:
Slide 17: NH ESG Vision – Health For All
NH ESG Vision – “Health For All” Actuals FY 25~26-Upto Q2 (T – Target FY 25~26-Upto Q2) A Healthy Planet By being conscious about impact on the environment, prioritizing consumption efficiency and resource optimization 50% Carbon Neutral 100% Optimized 30% less Renewable energy Waste-water recycling
Slide 18: Shareholding Pattern
Shareholding Pattern As on 30th Sep 2025(1) ESOP Trust DIIs 0.7% Total Number of Shares 9.2% 204,360,804 FIIs 10.5% Key DIIs Key FIIs Nippon Life India Asset Management Vanguard Index Funds Axis Asset Management Franklin Templeton Investment Funds Parag Parikh Asset Management Simcah Partners LP Oth
Slide 19: Disclaimer and Contact Details
Disclaimer and Contact Details No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such information or opinions contained herein. The information contained in this presentation is only current as
Slide 20: Take Care
i. C Take Care