NNextResearch

Paras Healthcare PARASHLTH

North India and Bihar hospital chain (Gurugram, Patna, Darbhanga, Ranchi, Panchkula, Udaipur, Kanpur, Srinagar); listed on 28 Oct 2026

Mapped in 1 theme: Hospitals & Healthcare.

From publicly available information

Where Paras Healthcare sits in the supply chain

Paras Healthcare appears in 1 supply-chain layer in one theme, Hospitals & Healthcare.

Revenue and profit

₹ CrFY22FY23FY24FY25FY26
Revenue—9181,1291,2941,606
Net profit—−43−15−5844

Latest-year revenue ₹1,606 Cr (FY26, company-wide).

Note: years before its listing or not on Screener left blank.

Strengths

  • Early mover in under-served state capitals and tier-2 cities, especially Bihar
  • Turned profitable in FY26 as newer hospitals matured (DRHP)
  • IPO money reduces debt

Risks

  • Newly listed (Oct 2026) - short public track record
  • Loss-making years until FY26; margins below metro peers
  • High share of government-scheme patients in Bihar and Jharkhand

Common questions

What does Paras Healthcare do?

North India and Bihar hospital chain (Gurugram, Patna, Darbhanga, Ranchi, Panchkula, Udaipur, Kanpur, Srinagar); listed on 28 Oct 2026.

Where does Paras Healthcare sit in the supply chain?

Paras Healthcare (NSE: PARASHLTH) is mapped in 1 supply-chain layer: Multi-specialty hospital chains (Hospitals & Healthcare).

Who are Paras Healthcare's peers?

In the Multi-specialty hospital chains layer of Hospitals & Healthcare: Apollo Hospitals Enterprise, Max Healthcare Institute, Manipal Health Enterprises (Manipal Hospitals), Fortis Healthcare, Global Health (Medanta), Narayana Hrudayalaya (Narayana Health) and 5 more.

What is Paras Healthcare's market cap and valuation?

As of 6 Nov 2026: market cap ₹7,946 Cr, P/E 182.0x, ROCE 11.8%, ROE 13.0%, dividend yield 0%.