Here is the list of Top 5 Hospital in India which sorted out based on the Turnover in the recent year.
Indian healthcare Industry
The Indian healthcare sector, which stood at a size of USD 110 billion in 2016, is expected to reach a size of over USD 372 billion by 2022, registering a CAGR of 22%. The hospital industry in India stood at USD 61.79 billion in 2017 and is expected to increase at a 16-17% CAGR to reach a size of USD 132.84 billion by 2023.
In Indian healthcare industry Private sector players occupy a major share of nearly 80% of the country’s total healthcare market. They also account for almost 74% of the country’s total healthcare expenditure. Their share in hospitals alone is estimated at 74% while the share of hospital beds is estimated at 40%.
Here is the Top Healthcare brands in Indian healthcare industry.
List of Top Hospitals in India by Turnover
So here is the list of Top Hospitals in India. The list is sorted out based on total sales in descending order
5. Dr Lal Pathlabs Ltd
Over 3000 individuals work at Dr. Lal PathLabs in India with over 55 percent of the staff in laboratory functions. The company has a qualified team of 147 pathology specialists, 8 Radiologists, 13 Microbiologists, 5 Biochemists and 11 specialists with doctorate degrees. Also, there is a growing pool of young leaders from top institutions like AFMC, IIMs, IITs, XLRI, SP JAIN amongst others.”
- Revenue: Rs 1,294 Cr
- Market Cap: 14,762 Cr.
- ROE: 21.98 %
- Sales Growth (3Yrs): 15.00 %
- Promoter holding: 56.81 %
- Debt to equity: 0.00
- Price to book value: 13.95
The Company has built a national network consisting of National Reference Laboratory in New Delhi along with 190+ other clinical/medical laboratories, 1700+ lab patient service centers, and 5,000+ pickup points as of March 31, 2017, with the widest test menu of 4500 tests and panels.
The company network has coverage across India, including metropolitan areas such as New Delhi, Mumbai, Bengaluru, Chennai, Hyderabad, and Kolkata. It is among the top healthcare companies in India.
4. Narayana Hrudayalaya Ltd
Narayana Health is headquartered in Bengaluru, India, and operates a network of hospitals across the country, with a particularly strong presence in the southern state of Karnataka and eastern India, as well as an emerging presence in northern, western and central India.
- Revenue: Rs 3,097 Cr
- Market Cap: 7,703 Cr.
- ROE: 5.59 %
- Sales Growth (3Yrs): 21.03 %
- Promoter holding: 63.85 %
- Debt to equity: 0.59
- Price to book value: 6.94
Narayana Hrudayalaya is 4th in the list of top healthcare companies in India. It is one the top healthcare companies in India based on the turnover. The Company provide advanced levels of care in over 30 specialties, including
- Cardiology and
- Cardiac Surgery,
- Cancer Care,
- Neurology and
- Neurosurgery,
- Orthopedics,
- Nephrology and
- Urology, and
- Gastroenterology.
The group now features over 6,000 operational beds through a combination of greenfield projects and acquisitions. The first facility was established in Bengaluru with approximately 225 operational beds and has since grown to 23 hospitals, 7 heart centers, 19 primary care facilities across India and an international hospital in the Cayman Islands.
3. Fortis Healthcare Ltd
Brand Fortis was established in 1996, Fortis Healthcare Limited is a leading integrated healthcare delivery service provider in India. The healthcare verticals of the company primarily comprise hospitals, diagnostics, and day care specialty facilities.
- Revenue: Rs 4,638 Cr
- Market Cap: 11,800 Cr.
- ROE: -7.21 %
- Sales Growth (3Yrs): 2.10 %
- Promoter holding: 31.17 %
- Debt to equity: 0.21
- Price to book value: 1.74
Currently, the company operates its healthcare delivery services in India, Dubai and Sri Lanka with 36 healthcare facilities (including projects under development), approximately 9,000 potential beds and over 410 diagnostics centers. One of the largest healthcare companies in India.
From North to South, East to West, Fortis truly has India covered – the frontier city of Amritsar, to Ludhiana, Mohali, the National Capital Region, Mumbai, Bangalore, Mysore, Chennai, Kolkata, and many more destinations are all home to Fortis facilities. The company is 3rd in the list of top healthcare companies in India.
2. Aster DM Healthcare Ltd
From a single clinic to a performance-driven healthcare enterprise spread across 308 establishments in 9 countries and growing, Aster DM Healthcare has transitioned into being a growing network across the Middle East, India, and the Far East.
- Revenue: Rs 8,467 Cr
- Market Cap: 8,336 Cr.
- ROE: 12.58 %
- Sales Growth (3Yrs): 14.90 %
- Promoter holding: 37.80 %
- Debt to equity: 1.66
- Price to book value: 2.77
Aster DM Healthcare Ltd is 2nd largest healthcare companies in India based on the turnover of the company. Currently one of the largest and fastest-growing conglomerates in the MENA region, Aster DM Healthcare covers the full spectrum of healthcare services. An expansive portfolio includes.
- Hospitals,
- Clinics,
- Diagnostic centers, and
- Retail pharmacies
Headquartered in Dubai, the Aster DM network now encompasses 17,594 employees, 2860 doctors with several JCI accredited Hospitals, clinics, and Diagnostic Centres. It is the second largest in the list of Top hospital in India based on turnover.
1. Apollo Hospitals Enterprise Ltd
Apollo Hospitals Enterprise Ltd is the largest healthcare companies in India. Apollo is the largest private healthcare services provider in India; the first corporate hospital that was established in 1983. The Company’s geographic footprint now includes 70 hospitals across 55 specialties. It is largest among the top hospital in India by total sales
- Revenue: Rs 10,407 Cr
- Market Cap: 23,483 Cr.
- ROE: 7.18 %
- Sales Growth (3Yrs): 16.08 %
- Promoter holding: 30.80 %
- Debt to equity: 1.15
- Price to book value: 7.68
Apollo has been a key market player in the Standalone Pharmacy Business for over two decades and is the largest organized retail pharmacy chain in India. The company is largest in the list of top healthcare companies in India.
The product offering has evolved from being focused on pharmaceutical products to a wide variety of wellness and private label products. Presence in ~400 cities/ towns spread across 20 States and 4 union territories.
So finally these are the list of top healthcare companies in India and Indian healthcare industry.
I had got my treatment done at Aashwi ENT Hospital,Ahmedabad, Gujarat. I strongly recommend Aashwi ENT Hospital for all Ear Nose & Throat related treatments. Hospital has experience of more than 25 years.
Appollo seems to be the first and foremost in all medical services that are available in India. The pharmacy services provided by Appollo is good. Is Aster DM the second largest hospital in India according to the turnover?. I thought it would be Fortis.
Health-tech startups also (for patient side & doctor side) have been playing a pivotal role in shaping the industry.
Informative post about tops hospitals in india
Thank you for sharing this informative blog with us. The best hospital in Gurgaon with an infrastructure of 1000+ beds, 800+ doctors & 29 super specialties. Medanta is largest multi-super specialty hospital in India.
nice blog and nice explanation
The research about hospital and hospitally is really genuine.
This list of hospitals is really helpful. Great job!