Narayana Hrudayalaya Share Price Target 2027: Can It Reach Rs 2,329? Base Case at Rs 1,912
- November 12, 2026
- Posted by: Ankit Jaiswal
- Category: Market
Narayana Hrudayalaya share price Rs 1,853.40 (12 November 2026). Base target Rs 1,912, bull Rs 2,329, downside risk Rs 1,513. PE 45.00. 52W range Rs 1,589.00 to Rs 2,093.30.
Quick Answer
The Narayana Hrudayalaya share price target for 2027 is Rs 1,912, about 3.2% above the current price of Rs 1,853.40. The bull case is Rs 2,329, and the downside risk level, which is not a target, is Rs 1,513. The base case assumes earnings per share grow 1.0% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 45.00. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a Narayana Hrudayalaya target price for 2027 should start with where the stock sits today. At Rs 1,853.40 on 12 November 2026, it is 11.5% below its 52-week high of Rs 2,093.30 and 16.6% above its 52-week low of Rs 1,589.00. That range spans 32% from low to high, so the entry point matters as much as the Narayana Hrudayalaya price forecast itself.
This article builds the Narayana Hrudayalaya share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario states its assumptions, so you can trace how the base case, the bull case and the downside risk level were reached and test them against your own view.
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Narayana Hrudayalaya Stock Analysis: Company Overview and Key Stats
Narayana Hrudayalaya (NSE: NH) has a market capitalisation of Rs 38,665 crore. In FY26 it reported revenue of Rs 7,996 crore and net profit of Rs 810.46 crore. The table collects the figures the Narayana Hrudayalaya share price target is built on.
| Metric | Value |
|---|---|
| Company | Narayana Hrudayalaya |
| NSE Ticker | NH |
| CMP (12 November 2026) | Rs 1,853.40 |
| 52-Week High | Rs 2,093.30 |
| 52-Week Low | Rs 1,589.00 |
| Market Cap | Rs 38,665 crore |
| PE Ratio (TTM) | 45.00 |
| Industry PE | 61.93 |
| Price to Book | 7.73 |
| Return on Equity | 17.17% |
| Debt to Equity | 1.21 |
| EPS (TTM) | Rs 42.04 |
| Dividend Yield | 0.24% |
| 12-Month Base Target | Rs 1,912 |
| Bull Case | Rs 2,329 |
| Downside Risk Level (not a target) | Rs 1,513 |
Why Is Narayana Hrudayalaya Share Price Target Set at Rs 1,912 for 2027?
The arithmetic is short. Trailing EPS of Rs 42.04 grown for one year gives a forward EPS estimate of Rs 42.48, and multiplying it by the unchanged PE of 45.00 gives the Rs 1,912 base-case Narayana Hrudayalaya stock target. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.
Earnings Growth Behind the Narayana Hrudayalaya Target Price: Five Years of Results
Narayana Hrudayalaya grew revenue from Rs 3,736 crore in FY22 to Rs 7,996 crore in FY26, a compound annual growth rate of 21.0%. Net profit grew faster, from Rs 342.12 crore to Rs 810.46 crore (24.1% a year), which shows margin gains did part of the work and not just higher sales.
| Financial Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Dividend per Share (Rs) |
|---|---|---|---|---|
| FY22 | 3,735.88 | 342.12 | 16.84 | 1.00 |
| FY23 | 4,590.21 | 606.57 | 29.85 | 2.50 |
| FY24 | 4,964.97 | 785.99 | 38.86 | 4.00 |
| FY25 | 5,575.01 | 789.82 | 38.90 | 4.50 |
| FY26 | 7,996.25 | 810.46 | 39.67 | 4.50 |
FY26 revenue growth was 43.4%, faster than the four-year average of 21.0%, and net profit moved up 2.6%. EPS rose from Rs 38.86 in FY24 to Rs 39.67 in FY26. The FY27 outlook for the Narayana Hrudayalaya price target depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
Narayana Hrudayalaya converted 10.1% of FY26 revenue into net profit, against 14.2% in FY25, within a five-year range of 9.2% to 15.8%. EBITDA margin was 20.8% in FY26 versus 24.4% in FY25.
In the September 2026 quarter, revenue was Rs 2,896 crore, up 73.6% from the same quarter a year earlier, while net profit of Rs 301.15 crore was up 16.5%. EBITDA came in at Rs 605.42 crore, up 42.0% year on year. The next quarterly result is the first test of whether the earnings assumption behind the Narayana Hrudayalaya stock target holds.
Balance Sheet and Cash Flow
Debt to equity stands at 1.21, and shareholders’ equity grew from Rs 1,489 crore in FY22 to Rs 4,540 crore in FY26. Operating cash flow in FY26 was Rs 1,621 crore against capital expenditure of Rs 875.18 crore, leaving free cash flow of Rs 746.01 crore, or 1.9% of the current market capitalisation. In FY25 free cash flow was negative at Rs 96.18 crore, so cash generation has not been steady year to year.
Valuation Check for the Narayana Hrudayalaya Stock Target: PE, Price to Book and ROE
At a PE of 45.00 against an industry PE of 61.93, Narayana Hrudayalaya trades at a discount to its industry. Price to book is 7.73 on a book value of Rs 244.81 per share, and return on equity is 17.17%. A PE of 45.00 equals an earnings yield of 2.2%, and the FY26 dividend of Rs 4.50 per share gives a yield of 0.24%.
Shareholding Pattern and Institutional Holding
Promoters held 63.27% of Narayana Hrudayalaya in September 2026, and promoter holding fell from 63.85% in September 2025 to 63.27% in September 2026. Foreign institutional investors (FII) held 9.01% and domestic institutions (DII) held 10.68%, which puts total institutional holding at 19.69%. FII holding fell from 10.49% in September 2025 to 9.01% in September 2026. Public shareholders own the remaining 17.04%. A meaningful institutional holding adds a layer of research coverage and trading depth.
Narayana Hrudayalaya Share Price Targets for the Short Term and 12 Months
Short Term Narayana Hrudayalaya Stock Target Levels: Technical Setup
At Rs 1,853.40 on 12 November 2026, Narayana Hrudayalaya trades above its 50-day simple moving average of Rs 1,812.55 and above its 200-day exponential moving average of Rs 1,836.47. The 14-day RSI reads 74.5, which is overbought territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 2,093.30 (52-week high) and the nearest support is Rs 1,836.47 (200-day exponential moving average). A sustained move above Rs 2,093.30 would improve the short-term setup, while a close below Rs 1,836.47 would shift attention to the next support.
12 Month Narayana Hrudayalaya Target Price for 2027
The 12-month target of Rs 1,912 means a move of 3.2% up from Rs 1,853.40 over the next 12 months. It would still leave the stock 8.7% below its 52-week high of Rs 2,093.30. The upside in the base case is thin, so the thesis here leans on the bull case and on patience. Anyone checking the Narayana Hrudayalaya share price target against their own view should focus on two inputs: the EPS estimate and the PE multiple.
How EPS Growth and PE Multiple Change the Narayana Hrudayalaya Target Price
| EPS Growth | PE 36.00 | PE 45.00 | PE 51.75 |
|---|---|---|---|
| 0.0% (EPS Rs 42.04) | Rs 1,513 | Rs 1,892 | Rs 2,176 |
| 1.0% (EPS Rs 42.48) | Rs 1,529 | Rs 1,912 | Rs 2,198 |
| 7.0% (EPS Rs 45.00) | Rs 1,620 | Rs 2,025 | Rs 2,329 |
Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Narayana Hrudayalaya price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for Narayana Hrudayalaya Stock Target in 2027
Bull Case Rs 2,329
The bull case Narayana Hrudayalaya price target needs EPS growth of 7.0%, which lifts forward EPS to Rs 45.00, and a PE multiple that rises 15% to 51.75. That gives Rs 2,329, 25.7% above the current price and above the 52-week high of Rs 2,093.30, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 1,513
The downside risk level is not a target. It assumes EPS stays flat at Rs 42.04 and the PE falls 20% to 36.00. That gives Rs 1,513, 18.4% below the current price and below the 52-week low of Rs 1,589.00.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 7.0% | 51.75 | Rs 2,329 | +25.7% |
| Base Case | 1.0% | 45.00 | Rs 1,912 | +3.2% |
| Downside Risk | 0.0% | 36.00 | Rs 1,513 | -18.4% |
Key Risks to the Narayana Hrudayalaya Target Price for 2027
Growth Slowdown Risk for the Narayana Hrudayalaya Price Target
Revenue in the September 2026 quarter was up 73.6% year on year, and FY26 revenue growth was 43.4%. If growth slows from here, the EPS estimate behind the Narayana Hrudayalaya stock target will need revising.
Liquidity and Size Risk
Narayana Hrudayalaya has a market capitalisation of Rs 38,665 crore. Institutional holding is 19.69%, and promoters hold 63.27%. Stocks of this size are usually liquid, though exits can take longer than entries when the market is falling.
Valuation and Margin Risk
Net margin was 10.1% in FY26, so a small slip in costs moves profit noticeably. At a PE of 45.00 versus an industry PE of 61.93, a de-rating toward the downside-risk PE of 36.00 would cut the price even if earnings hold.
Market and Technical Risk
Technical indicators add short-term risk: the 14-day RSI is 74.5 and the MACD sits above its signal line. A broad fall in the Nifty 50 or the Sensex can override company fundamentals for weeks at a time. That applies to any Narayana Hrudayalaya stock target, however carefully it is built.
How to Invest in Narayana Hrudayalaya
Start with the live price and volume. Any Narayana Hrudayalaya share price target is only as current as the data behind it, and the data here is as of 12 November 2026, so refresh the Rs 1,853.40 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check Narayana Hrudayalaya’s PE, ROE, debt and shareholding in one place.
Check Narayana Hrudayalaya fundamentals on the Univest Screener
Then compare the three Narayana Hrudayalaya target price scenarios with your own view. If you expect EPS growth below 1.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.
Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.
Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.
Download the Univest iOS App or Univest Android App to track Narayana Hrudayalaya live price and get daily stock recommendations.
Conclusion
The Narayana Hrudayalaya share price target for 2027 is Rs 1,912 in the base case, with Rs 2,329 as the bull case. The support for that view is arithmetic you can check: EPS grew 1.0% a year over FY24 to FY26, and the stock trades at a PE of 45.00. The risks are equally concrete, including a net margin of just 10.1% that leaves profit sensitive to costs and a downside scenario that cuts the price 18% if earnings stall. Use these numbers as a framework for judging the Narayana Hrudayalaya price target, check them against the latest filings, and size any position to your own risk appetite.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Narayana Hrudayalaya Share Price Target 2027
What is the Narayana Hrudayalaya share price target for 2027?
Ans. The base-case Narayana Hrudayalaya share price target for 2027 is Rs 1,912, which is 3.2% above the price of Rs 1,853.40 on 12 November 2026. The bull case is Rs 2,329 and the downside risk level, which is not a target, is Rs 1,513. All three come from one method: forward EPS multiplied by a PE multiple, using only reported results. They are model estimates and not guaranteed outcomes, and the next quarterly result is the first check on the EPS assumption.
What is the Narayana Hrudayalaya share price today?
Ans. As of 12 November 2026, 9:28 AM IST, Narayana Hrudayalaya (NSE: NH) trades at Rs 1,853.40, down 0.70% on the day. That is 11.5% below the 52-week high of Rs 2,093.30 and 16.6% above the 52-week low of Rs 1,589.00. The market capitalisation of Rs 38,665 crore places it among mid-cap stocks. Prices change through the trading session, so check the live quote before acting on any level in this article.
Is Narayana Hrudayalaya a buy or sell at the current price?
Ans. The data points both ways. On the positive side, EPS has grown 1.0% a year over FY24 to FY26 and the base case implies 3.2% upside; on the cautious side, the net margin is a thin 10.1%, and the downside risk level of Rs 1,513 is 18% below the current price. Whether Narayana Hrudayalaya fits your portfolio depends on your time horizon, position size and risk appetite. Consult a SEBI-registered advisor before investing, as this article is not investment advice.
What are the bull case target and downside risk level for Narayana Hrudayalaya shares?
Ans. The bull case in the Narayana Hrudayalaya share price target for 2027 is Rs 2,329, which assumes 7.0% EPS growth and a PE of 51.75, a 15% re-rating from today’s multiple. That is 25.7% above the current price and above the 52-week high of Rs 2,093.30, so the stock would have to set a fresh 52-week high. The downside risk level is Rs 1,513, which assumes flat EPS and a PE of 36.00, 20% lower than today. It sits 18.4% below the current price and below the 52-week low of Rs 1,589.00, and it marks a risk to watch, not a target.
What are the main risks to the Narayana Hrudayalaya price target?
Ans. Four risks matter most for the Narayana Hrudayalaya share price target: slower revenue or profit growth, a PE de-rating, thin liquidity or size risk, and weakness in the broader market. With a market capitalisation of Rs 38,665 crore, the stock is usually liquid, though exits can take longer than entries in a falling market. A fall to the downside-risk PE of 36.00 would cut the price even if earnings hold.
What is the PE ratio of Narayana Hrudayalaya and how does it compare with the industry?
Ans. The PE ratio of Narayana Hrudayalaya is 45.00, against an industry PE of 61.93, which is a discount to the industry. Price to book is 7.73 and return on equity is 17.17%, and the PE equals an earnings yield of 2.2%. The base case holds the PE unchanged, so the Narayana Hrudayalaya share price target moves only with earnings, while the bull and downside scenarios change the multiple by +15% and -20%.
Who owns Narayana Hrudayalaya, and what is the promoter holding?
Ans. Promoters held 63.27% of Narayana Hrudayalaya in September 2026. FII held 9.01%, DII held 10.68% and the public held 17.04%. Together the two institutional groups hold 19.69%. Shareholding is filed every quarter, so it is worth rechecking after each result.
What were Narayana Hrudayalaya’s latest quarterly results?
Ans. In the September 2026 quarter, Narayana Hrudayalaya reported revenue of Rs 2,896 crore (up 73.6% year on year) and net profit of Rs 301.15 crore (up 16.5%). For comparison, FY26 full-year revenue growth was 43.4% and net profit moved up 2.6%. Each new quarter either supports or weakens the EPS growth of 1.0% assumed in the base case.
