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Is Credent Connect N Care the Best Stock in Its Sector? A Look at the Numbers

Credent Connect N Care CMP Rs 340 (21 Oct 2026). Market cap Rs 620 Cr. ROE 42.13%. P/E 33.61x versus Industry P/E 59.59x.


21 Oct 2026 • 9:22 am

Is Credent Connect N Care the Best Stock in Its Sector? A Look at the Numbers

Quick Answer

Credent Connect N Care is one of the names investors compare when screening the Healthcare Logistics Services sector. Whether it is the best stock in its sector depends on whether an investor prioritises return ratios, valuation or balance sheet strength. This article sets it against two named peers and the sector benchmark so you can judge for yourself.

Is Credent Connect N Care the best stock in its sector? The stock trades on the NSE at Rs 340 as of 21 October 2026, within its 52-week range of Rs 309.05 to Rs 420.35. The sections below cover the business, the key ratios, a peer comparison and a closer look at valuation.

Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers

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About Credent Connect N Care

Credent Connect N Care Ltd is an integrated healthcare services and logistics provider, and company information says it was incorporated in June 2015. It offers technology enabled operational, workforce and supply chain solutions, and its customers are described as including diagnostic laboratories, IVD companies, pharmaceutical companies, hospitals and clinics. At a market capitalisation of Rs 620 Cr, it is tracked as part of the Healthcare Logistics Services sector on Univest.

Is Credent Connect N Care the Best Stock in Its Sector?

Credent Connect N Care makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, backed by its return on equity. Credent Connect N Care's 33.61x P/E is below the 59.59x Industry P/E and Dr Lal PathLabs at 59.51x, though above Transport Corporation of India at 14.05x, while its 42.13% ROE is higher than Dr Lal PathLabs at 20.13% and Transport Corporation of India at 17.78%, and its debt to equity ratio of 0.50 is above Dr Lal PathLabs at 0.08 and Transport Corporation of India at 0.12.

Metric Credent Connect N Care
CMP (NSE) Rs 340.10
52-Week High / Low Rs 420.35 / Rs 309.05
Market Cap Rs 620 Cr
P/E (TTM) vs Industry P/E 33.61x vs 59.59x
P/B 4.50
ROE 42.13%
EPS (TTM) Rs 10.12
Dividend Yield 0.00%
Debt to Equity 0.50

Compare Credent Connect N Care Against Other Healthcare Logistics Services Sector Stocks

How Credent Connect N Care Compares Against Its Healthcare Logistics Services Sector Peers

The table below sets Credent Connect N Care against 2 other Healthcare Logistics Services sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.

Company Market Cap (Rs Cr) P/E ROE Debt to Equity
Credent Connect N Care 620 33.61 42.13% 0.50
Dr Lal PathLabs 32,511 59.51 20.13% 0.08
Transport Corporation of India 6,470 14.05 17.78% 0.12
Peer average (2 companies) - 36.78 18.95% 0.10

Measured against the peer averages, Credent Connect N Care's P/E is 9 percent below the 36.78x average, and its ROE is 23.18 percentage points above the 18.95% average. An average of just two companies is a rough guide, so treat the gap as a pointer for further research and not as a verdict.

What Makes Credent Connect N Care Worth Watching in Healthcare Logistics Services

  • Scale: At Rs 620 Cr, its market capitalisation is smaller than Dr Lal PathLabs (Rs 32,511 Cr) and Transport Corporation of India (Rs 6,470 Cr), which is a useful reminder that the peers differ in size as well as in valuation.
  • Sector drivers: Growth in diagnostics and healthcare outsourcing, plus long term service relationships with laboratories and hospitals, are what drive its revenue.
  • Key risk: A very high ROE can reflect a small equity base, so investors may want to check whether it holds up as the business scales, and a service business with large customers can see revenue move if a contract is lost.

Credent Connect N Care Valuation: Is It Justified?

At a P/B ratio of 4.50, the market pays about Rs 4.50 for every rupee of book value, and the EPS (TTM) of Rs 10.12 is the earnings base behind the P/E. The stock trades about 19 percent below its 52-week high and about 10 percent above its 52-week low. The company does not currently show a dividend yield, so returns for shareholders depend mainly on the share price. As with any single stock, investors should weigh these figures against their own valuation discipline and risk appetite rather than the sector label alone.

Also read – Is Oracle Financial Services Software the Best Stock in Its Sector? A Look at the Numbers

Download the Univest iOS App or Univest Android App to track Credent Connect N Care and other Healthcare Logistics Services sector stocks.

How to Track Credent Connect N Care Before You Invest

Before deciding whether Credent Connect N Care deserves its label as the best stock in its sector for your own portfolio, compare it directly against Healthcare Logistics Services sector peers using the steps below.

  1. Open the Univest Screener and search for Credent Connect N Care to view live price, valuation ratios, and peer comparisons within the Healthcare Logistics Services sector.
  2. Compare its P/E, P/B, and ROE against other Healthcare Logistics Services sector stocks before deciding if the current valuation fits your strategy.
  3. Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
  4. Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.

Conclusion

Credent Connect N Care gives investors a clear set of numbers to work with, from returns and valuation to leverage and peer standing. Whether it earns the label of best stock in Healthcare Logistics Services depends on how much weight you give each of them and on how the business executes from here. Because the stock trades below its sector benchmark, the open question is whether earnings growth will close that gap or whether the discount is deserved. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.

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).

Is Credent Connect N Care the best stock in its sector?

Ans. There is no single definitive answer, because the best stock in a sector depends on whether an investor is prioritising returns, valuation or balance sheet strength. Credent Connect N Care has a 42.13% ROE and trades at 33.61x P/E against a 59.59x Industry P/E. Against the 2 peers compared in this article, its ROE is above the 18.95% peer average and its P/E is below the 36.78x peer average. Its debt to equity ratio of 0.50 is above the 0.10 peer average, which matters because borrowing can inflate returns and add risk when business conditions weaken. These figures are best read together rather than in isolation, and they work as a starting point for your own research and not as a verdict.

What is the current share price of Credent Connect N Care?

Ans. Credent Connect N Care was trading at Rs 340.10 on the NSE as of 21 October 2026, and its 52-week range runs from Rs 309.05 to Rs 420.35. That leaves the share price 19 percent short of the 52-week high and 10 percent clear of the 52-week low. Its market capitalisation is Rs 620 Cr and its EPS (TTM) is Rs 10.12, which is the earnings figure behind the 33.61x P/E. Share prices change through the trading day, so check the live quote on Univest before acting on any number here.

What sector does Credent Connect N Care belong to?

Ans. Credent Connect N Care is classified under the Healthcare Logistics Services sector on Univest, and that group of listed companies is the reference point for the 59.59x Industry P/E used in this article. The 2 named peers compared here are Dr Lal PathLabs and Transport Corporation of India, chosen as comparable listed names so that the P/E, ROE and debt figures come from the same live data source. Investors who want a wider view can compare more Healthcare Logistics Services sector stocks on the Univest Screener, since no two companies in a sector have exactly the same business mix.

How does Credent Connect N Care compare to its sector peers on P/E?

Ans. Credent Connect N Care's P/E of 33.61x is below the 36.78x average of the 2 named peers, with Dr Lal PathLabs at 59.51x and Transport Corporation of India at 14.05x. It also sits below the 59.59x Industry P/E, which is the benchmark for the wider Healthcare Logistics Services sector. A P/E that is below a peer average can reflect a valuation discount or premium, but it can also reflect different growth or return expectations, so it should be read alongside ROE and debt. Its P/B ratio of 4.50 gives one more view of how the market values its book value.

What is Credent Connect N Care's return on equity?

Ans. Credent Connect N Care reported a return on equity of 42.13%, which is above the 18.95% average of its named peers, with Dr Lal PathLabs at 20.13% and Transport Corporation of India at 17.78%. ROE shows how much profit a company generates on every rupee of shareholders' equity, so a higher figure generally points to more efficient use of capital. ROE is easier to trust when leverage is modest, and here the debt to equity ratio is 0.50 against a peer average of 0.10. It is worth checking whether the ROE has been stable over several years rather than relying on a single reading.

Should I invest in Credent Connect N Care based on its sector position?

Ans. Sector position is only one input into an investment decision. Credent Connect N Care has a 42.13% ROE and a 33.61x P/E, which make it worth researching further, and its dividend yield is 0.00%. You should also weigh its business outlook, earnings consistency, debt levels, your investment horizon and your own risk appetite before buying. Spreading money across several stocks and sectors reduces concentration risk, and this article is educational content, not investment advice. For personalised guidance, consult a SEBI-registered advisor.

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