Yatharth Hospital & Trauma Care Services Limited (YATHARTH.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-106.8%

-₹64.33

vs ₹950.75 price

Levered DCF

-₹235.66

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	33.91×	28.98×	29.31×	33.25×	49.53×	120.52×	-2,225.67×	725.76×
P/B	3.34×	2.27×	3.84×	15.66×	24.52×	39.56×	52.79×	51.55×
P/S	4.93×	4.14×	5×	5.51×	7.15×	12.53×	19.63×	28.15×
EV / EBITDA	20.51×	13.93×	17.18×	22.57×	27.62×	45.23×	81.09×	154.46×
Gross margin	53.9%	61.3%	80.1%	82.1%	79.7%	79.7%	26.6%	80.9%
Operating margin	16.9%	18.5%	23.1%	20.9%	21.0%	20.8%	11.7%	11.4%
Net margin	14.5%	14.8%	17.1%	12.6%	11.0%	7.9%	-0.9%	3.9%
Current ratio	3.87×	10.12×	7.59×	1.77×	1.13×	0.9×	0.48×	0.57×
Debt / equity	0.15×	0.01×	0.1×	1.46×	2.26×	2.67×	3.57×	3.15×
Interest coverage	31.26×	21.71×	13.56×	4.93×	3.84×	2.4×	0.87×	1.69×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	9.8%	8.1%	13.1%	35.9%	37.8%	25.1%	-2.4%	7.2%
Return on invested capital	7.3%	7.5%	11.7%	18.0%	15.4%	11.9%	5.5%	3.9%
Return on assets	7.7%	7.5%	11.2%	13.5%	10.4%	5.9%	-0.5%	1.6%
Free cash flow yield	-1.6%	-4.4%	-2.9%	1.5%	1.6%	0.8%	-0.1%	-2.1%
Earnings yield	2.9%	3.6%	3.4%	2.3%	1.5%	0.6%	-0.0%	0.1%
Enterprise value	₹59.9B	₹32.9B	₹33.6B	₹31B	₹31.2B	₹30.5B	₹30.6B	₹30.4B
Net debt / EBITDA	0.15×	-1.48×	0.02×	1.68×	2.23×	2.79×	5.09×	8.89×
Cash conversion cycle (days)	55	120	76	33	9	-43	6	-127