Healthcare sector
204 companies · ₹9153.5 L cr · 13 with AI deep dives
5y revenue CAGR
median 10.43%(p25 0.79% · p75 21.36%)
5y avg ROCE
median 11.3%(p25 4.07% · p75 18.62%)
Debt / equity
median 0.21x(p25 0.08x · p75 0.52x)
AI sector brief
from the bucket's latest earnings calls · as of 2026-03-31tailwindCDMO order momentum drives outsized pharma manufacturing growth4 managements
CDMO revenue was the single most consistently cited growth driver across covered pharma manufacturing names. ANTHEM's CRDMO segment grew 30.7% YoY to ₹513 cr. ACUTAAS reported…
- ANTHEM (Q4FY26): “This was our highest revenue quarter ever, that is in Q4 FY26. We delivered a revenue…”
headwind6 managements🔒headwind5 managements🔒headwind4 managements🔒tailwind5 managements🔒mixed5 managements🔒tailwind3 managements🔒headwind3 managements🔒
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| Company | Mcap | AI verdict | Signals | Stated KPIs (latest call) |
|---|---|---|---|---|
| Ind-Swift Ltd | ₹8503.9 L cr | Unlock | earnings quality weak | |
| Satiate Agri Ltd | ₹646.9 L cr | Unlock | roce compounder | |
| Abbott India Ltd | ₹59,286 cr | Unlock | roce compounder | |
| Anthem Biosciences Ltd | ₹44,507 cr | Unlock | capex coming onlineroce compounderearnings quality strongnet cash | |
| Acutaas Chemicals Ltd | ₹27,092 cr | Unlock | capex coming onlinenet cashpharma capex digesting | |
| Rubicon Research Ltd | ₹25,369 cr | Unlock | roce compounder | |
| Corona Remedies Ltd | ₹12,599 cr | Unlock | capex coming onlineroce compounderearnings quality strongpharma capex digesting | |
| Park Medi World Ltd | ₹11,997 cr | Unlock | roce compounderearnings quality strong | |
| Sudeep Pharma Ltd | ₹9,714 cr | Unlock | capex coming onlineroce compounderearnings quality weakpharma capex digesting | |
| Jeena Sikho Lifecare Ltd | ₹7,035 cr | Unlock | roce compounderearnings quality strongnet cash | |
| Nephrocare Health Services Ltd | ₹6,929 cr | Unlock | earnings quality strongnet cash | |
| Kovai Medical Center & Hospital Ltd | ₹6,367 cr | Unlock | earnings quality strongcapex intensity elevated | |
| Zota Health Care Ltd | ₹4,427 cr | Unlock | latent operating leveragenet cash | |
| Novartis India Ltd | ₹3,898 cr | Unlock | ||
| Gujarat Themis Biosyn Ltd | ₹3,874 cr | Unlock | latent operating leveragecapex coming onlineearnings quality strongcapex ahead of revenue | |
| Kwality Pharmaceuticals Ltd | ₹2,682 cr | Unlock | ||
| Dr Agarwals Eye Hospital Ltd | ₹2,448 cr | Unlock | latent operating leveragecapex coming onlineearnings quality strongcapex intensity elevated | |
| Sai Parenterals Ltd | ₹2,425 cr | Unlock | capex coming onlineearnings quality strongpharma capex digesting | |
| Fischer Medical Ventures Ltd | ₹2,397 cr | Unlock | gross block efficient | |
| Beta Drugs Ltd | ₹2,350 cr | Unlock | ||
| Kmc Speciality Hospitals India Ltd | ₹2,124 cr | Unlock | latent operating leverageearnings quality strongcapex intensity elevated | |
| Sakar Healthcare Ltd | ₹1,889 cr | Unlock | earnings quality strong | |
| Fredun Pharmaceuticals Ltd | ₹1,493 cr | Unlock | roce compounder | |
| Shukra Pharmaceuticals Ltd | ₹1,356 cr | Unlock | capex coming onlineroce compounderearnings quality weaknet cash | |
| Fermenta Biotech Ltd | ₹1,337 cr | Unlock | earnings quality strong | |
| Unihealth Hospitals Ltd | ₹1,140 cr | Unlock | earnings quality weakcapex intensity elevated | |
| One Global Service Provider Ltd | ₹1,139 cr | Unlock | earnings quality weaknet cashgross block efficient | |
| 3B Blackbio DX Ltd | ₹1,115 cr | Unlock | latent operating leveragenet cashcapex intensity elevatedgross block efficient | |
| Gaudium IVF and Women Health Ltd | ₹1,059 cr | Unlock | capex coming onlineroce compounderearnings quality weakgross block efficient | |
| Bharat Parenterals Ltd | ₹1,043 cr | Unlock | net cash | |
| Gujarat Kidney & Super Speciality Ltd | ₹1,003 cr | Unlock | earnings quality weaknet cashcapex intensity elevated | |
| Remus Pharmaceuticals Ltd | ₹843 cr | Unlock | capex coming onlineearnings quality weaknet cashpharma capex digesting | |
| Anlon Healthcare Ltd | ₹838 cr | Unlock | earnings quality weak | |
| Anuh Pharma Ltd | ₹804 cr | Unlock | ||
| Shree Ganesh Remedies Ltd | ₹801 cr | Unlock | latent operating leverageearnings quality strong | |
| Vasa Denticity Ltd | ₹737 cr | Unlock | net cashgross block efficient | |
| OSEL Devices Ltd | ₹737 cr | Unlock | roce compounderearnings quality weakgross block efficient | |
| Influx Healthtech Ltd | ₹671 cr | Unlock | roce compounderearnings quality weak | |
| Fabtech Technologies Ltd | ₹662 cr | Unlock | earnings quality weakgross block efficient | |
| Amanta Healthcare Ltd | ₹633 cr | Unlock | capex coming onlineearnings quality strongpharma capex digesting | |
| Chandan Healthcare Ltd | ₹562 cr | Unlock | roce compounderearnings quality weakcapex intensity elevated | |
| Hemant Surgical Industries Ltd | ₹545 cr | Unlock | earnings quality weakcapex intensity elevatedgross block efficient | |
| KRM Ayurveda Ltd | ₹538 cr | Unlock | roce compounderearnings quality weak | |
| Ccme Global Ltd | ₹527 cr | Unlock | ||
| Prevest Denpro Ltd | ₹471 cr | Unlock | roce compoundernet cash | |
| Jenburkt Pharmaceuticals Ltd | ₹468 cr | Unlock | latent operating leveragecapex coming onlineroce compoundercapex ahead of revenue | |
| Aptus Pharma Ltd | ₹442 cr | Unlock | roce compounderearnings quality weak | |
| Asarfi Hospital Ltd | ₹419 cr | Unlock | earnings quality strongcapex intensity elevated | |
| Astal Laboratories Ltd | ₹338 cr | Unlock | earnings quality weak | |
| Bdh Industries Ltd | ₹331 cr | Unlock | net cash | |
| Infinium Pharmachem Ltd | ₹321 cr | Unlock | ||
| Trident Lifeline Ltd | ₹315 cr | Unlock | latent operating leveragelevering up | |
| Astonea Labs Ltd | ₹285 cr | Unlock | earnings quality weak | |
| Aprameya Engineering Ltd | ₹284 cr | Unlock | earnings quality stronggross block efficient | |
| Everest Organics Ltd | ₹282 cr | Unlock | capex coming onlineearnings quality strongdeleveragingcapex ahead of revenue | |
| Zenotech Laboratories Ltd | ₹279 cr | Unlock | earnings quality strong | |
| Hannah Joseph Hospital Ltd | ₹256 cr | Unlock | earnings quality strong | |
| Ambalal Sarabhai Enterprises Ltd | ₹238 cr | Unlock | earnings quality weak | |
| Syschem (India) Ltd | ₹227 cr | Unlock | net cash | |
| Gennex Laboratories Ltd | ₹220 cr | Unlock | pharma capex digesting | |
| QMS Medical Allied Services Ltd | ₹216 cr | Unlock | roce compounderearnings quality strongcapex intensity elevated | |
| Sanjivani Paranteral Ltd | ₹210 cr | Unlock | ||
| Coral Laboratories Ltd | ₹206 cr | Unlock | latent operating leveragenet cash | |
| Accretion Nutraveda Ltd | ₹206 cr | Unlock | earnings quality weak | |
| Kerala Ayurveda Ltd | ₹205 cr | Unlock | ||
| Sat Kartar Life Ltd | ₹203 cr | Unlock | roce compounderearnings quality weaknet cash | |
| Vaidya Sane Ayurved Laboratories Ltd | ₹202 cr | Unlock | net cash | |
| Earkart Ltd | ₹193 cr | Unlock | earnings quality weakgross block efficient | |
| Oxygenta Pharmaceutical Ltd | ₹190 cr | Unlock | ||
| Accretion Pharmaceuticals Ltd | ₹187 cr | Unlock | roce compounderearnings quality weak | |
| Aashka Hospitals Ltd | ₹177 cr | Unlock | earnings quality weaknet cashgross block underutilised | |
| Novelix Pharmaceuticals Ltd | ₹170 cr | Unlock | capex coming onlinenet cashgross block efficient | |
| Speciality Medicines Ltd | ₹164 cr | Unlock | roce compounderearnings quality weaknet cash | |
| Achyut Healthcare Ltd | ₹164 cr | Unlock | capex coming onlinepharma capex digesting | |
| Panchsheel Organic Ltd | ₹159 cr | Unlock | latent operating leveragecapex coming onlineearnings quality weaknet cash | |
| Parnax Lab Ltd | ₹158 cr | Unlock | earnings quality strongdeleveraging | |
| Natural Capsules Ltd | ₹155 cr | Unlock | latent operating leverageearnings quality strongdeleveraging | |
| Star Imaging & Path Lab Ltd | ₹151 cr | Unlock | roce compounderearnings quality strong | |
| Abate As Industries Ltd | ₹151 cr | Unlock | earnings quality weaknet cash | |
| Kimia Biosciences Ltd | ₹149 cr | Unlock | deleveraging | |
| Auro Laboratories Ltd | ₹148 cr | Unlock | latent operating leverageearnings quality stronglevering up | |
| Quest Laboratories Ltd | ₹147 cr | Unlock | roce compoundernet cash | |
| Jeevan Scientific Technology Ltd | ₹145 cr | Unlock | capital destroyercapex intensity elevated | |
| Bilcare Ltd | ₹138 cr | Unlock | capital destroyercapex intensity elevated | |
| Smruthi Organics Ltd | ₹135 cr | Unlock | latent operating leverageearnings quality strong | |
| Balaxi Pharmaceuticals Ltd | ₹135 cr | Unlock | latent operating leverage | |
| Tyche Industries Ltd | ₹130 cr | Unlock | latent operating leverage | |
| Lactose (India) Ltd | ₹122 cr | Unlock | earnings quality strongdeleveraging | |
| Choksi Asia Ltd | ₹117 cr | Unlock | net cashgross block efficient | |
| Par Drugs & Chemicals Ltd | ₹117 cr | Unlock | earnings quality strong | |
| Aspira Pathlab & Diagnostics Ltd | ₹115 cr | Unlock | earnings quality stronggross block efficient | |
| Godavari Drugs Ltd | ₹111 cr | Unlock | latent operating leveragecapex coming onlineearnings quality stronglevering up | |
| Sotac Pharmaceuticals Ltd | ₹105 cr | Unlock | ||
| Pharmaids Pharmaceuticals Ltd | ₹105 cr | Unlock | ||
| Nephro Care India Ltd | ₹102 cr | Unlock | ||
| Vaishali Pharma Ltd | ₹97 cr | Unlock | earnings quality weak | |
| Denis Chem Lab Ltd | ₹97 cr | Unlock | earnings quality strongnet cash | |
| Mercury Laboratories Ltd | ₹96 cr | Unlock | capex coming onlineearnings quality strongcapex ahead of revenuepharma capex digesting | |
| Fortis Malar Hospitals Ltd | ₹93 cr | Unlock | earnings quality weak | |
| Concord Drugs Ltd | ₹93 cr | Unlock | earnings quality weakpharma capex digesting |