Yatharth Hospital stock was listed in the stock market in August 2023. In the last 6 to 7 months from now, the stock has given a good return of more than 60%. Not only this stock but almost all the good stocks of the healthcare sector have given good returns. Below are some data and analysis of top analysts to predict Yatharth Hospital’s share price target for 2024, 2025, and 2026.
Yatharth Hospital Ltd company IPO was open for bidding last July 2023. The issue size of the IPO was Rs. 610 Crore with a price range of Rs. 285 to Rs. 300. On 7 August 2023, the IPO listed in the market at Rs. 307 which is listed at approx 2% to 3% premium which is almost negligible.
The upcoming few months can be very good for the healthcare sector as many good stocks in the sector are still near their all-time high of just creating a fresh all-time high. If the bullish trend continues then we can see a 10% to 15% rally in the healthcare sector stocks very easily.
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About Company
Yatharth Hospital & Trauma Care Services Limited was founded in 2008. Dr. Ajay Kumar Tyagi is the chairman of the hospital, Dr. Kapil Kumar is the managing director and Mr. Yatharth Tyagi is the Director. The Independent Directors of the hospital are Ms. Promila Bhardwaj, Mr. Mukesh Sharma, and Dr. Sanjeev Upadhaya.
Yatharth Hospital & Trauma Care Services Limited is opening 4 hospitals in different locations of Greater Noida, Noida, Noida Extension, and Jhansi-Orchha. The Yatharth Hospital’s Greater Noida Hospital has 400 beds, Noida Hospital has 250 beds, Noida Extension has 450 beds, and Jhansi-Orchha has 305 beds.
Yatharth Hospital & Trauma Care Services Limited has specialties in center of Medicine, Cardiology, Neurosciences, General Surgery, Nephrology, Urology, Paediatrics, Gastroenterology, Pulmonology, Gynaecology, Orthopaedics, Spine, Rheumatology, Ern Nose, Throat, Cancer & Bone Marrow Transplant, Robotic Surgery, GI Surgery, Liver Transplant, IVF, Fertility, Plastic, Cosmetic Surgery, Dermatology, Ophthalmology, Critical Care, Dentistry, Psychology, Psychiatry, Physiotherapy, Rehab, Anaesthesiology, Radiology, Pathology, Laboratory Medicine, Nutrition, Health, Interventional Spine, and Pain Medicine.
ideaForge Technology Stock Overview
- Current Market Price: Rs. 460.65 (03 March 2024 after market closing)
- Market Cap: Rs. 3,947 Crore (03 March 2024 after market closing)
- 52-week high: Rs. 504.90
- 52-week low: Rs. 306.10
Company/Stock Scrip Info
| NSE | YATHARTH |
| BSE | 543950 |
| ISIN | INE0JO301016 |
| SECTOR | Hospital & Healthcare Services |
Note: The shared company’s financials, shareholding pattern, fundamentals, etc. were updated on 03 March 2024. Kindly check the latest information/data on any trusted screener like MoneyControl, Screener.in, etc.
Net Profit & Loss (Yearly)
| Year | Net Profit & Loss (In Crore) |
|---|---|
| March 2019 | ₹3.98 |
| March 2020 | -₹2.05 |
| March 2021 | ₹19.59 |
| March 2022 | ₹44.16 |
| March 2023 | ₹65.77 |
Net Profit & Loss (Quarterly)
| Quarter | Net Profit & Loss (In Crore) |
|---|---|
| Dec 2022 | ₹21.25 |
| Mar 2023 | ₹17.32 |
| Jun 2023 | ₹19.04 |
| Sep 2023 | ₹27.60 |
| Dec 2023 | ₹29.49 |
Cash Flow (In ₹ Crore)
| Cash Flow From | March 2021 | March 2022 | March 2023 |
|---|---|---|---|
| Operating Activities | ₹44 | ₹60 | ₹64 |
| Investing Activities | -₹21 | -₹52 | -₹20 |
| Financing Activities | -₹19 | -₹1 | -₹18 |
| Others | 0 | 0 | 0 |
| Net Cash Flow | ₹3 | ₹7 | ₹26 |
Fundamentals
| Market Cap | ₹3,947Cr | ROE | 10.57% |
| P/E Ratio (TTM) | 42.26 | EPS (TTM) | 10.88 |
| P/B Ratio | 4.89 | Div Yield | 0.00% |
| Industry P/E | 65.11 | Book Value | 93.94 |
| Debt to Equity | 0.02 | Face Value | 10 |
Shareholding Pattern
| Held By | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|
| FIIs | NA | 5.42% | 2.59% |
| DIIs | NA | 8.88% | 8.81% |
| Public | NA | 19.37% | 22.15% |
| Promoters | NA | 66.33% | 66.44% |
| Other Holders | NA | NA | NA |
Insider Transaction Summary (Last 5 Trans.)
| Date | Designated Person | Price | Quantity | Action |
|---|---|---|---|---|
| NA | NA | NA | NA | NA |
| NA | NA | NA | NA | NA |
| NA | NA | NA | NA | NA |
| NA | NA | NA | NA | NA |
| NA | NA | NA | NA | NA |
Key Points
- Promoters increased their holdings in the Dec 2023 quarter from 66.33% to 66.44%.
- FIIs decreased their holdings in the Dec 2023 quarter from 5.42% to 2.59%.
- DIIs also slightly decreased their holdings in the Dec 2023 quarter from 8.88% to 8.81%.
- The quarterly net profit of the Yatharth Hospital has been increasing for the last few quarters which is a good sign for a positive stock growth.
- Yatharth Hospital is making a profit continuously over the years and the earnings are also increasing compared to the previous years.
- Yatharth Hospital has low DEBT and its DEBT to equity is 0.02.
- The profit margin of the hospital is above the industry median.
Quarterly Results (Dec 2023 Quarter)
Sales:
The sales of the company i.e. hospital increased over the quarters. In the Dec 2023 quarter, it made 167 sales. In the last 7 quarters, the highest sales was 171 in the Sep 2023 quarter.
Net Profit:
The net profit of the Yatharth Hospital has also increased over the quarters. In the last 7 quarters, it made a net profit of Rs. 29 Crore in the Dec 2023 quarter and was the highest net profit also.
EPS (Earning Per Share):
Like sales and net profits, the EPS of the hospital is also increasing over the quarters. Dec 2023 quarter EPS is Rs. 3.44 which is highest in the last 7 quarters.
Yatharth Hospital Share Price Target
In the last few months, almost all the hospital stocks started performing well and given a good return. These stocks are still bullish most probably in the future we can expect good returns from these stocks. For the short term to long term, the Yatharth Hospital share price target based on the technicals and fundaments analysis is shared above.
Yatharth Hospital stock has given good returns after listing in the stock market. From the last 3 to 4 months the stock was consolidated in range. At the start of February 2024, the stock finally gave a breakout and good returns. As of now, it looks like the stock is not sustaining above and started falling.
Disclaimer: We are not SEBI registered and the below-given share target price by brokerage firms, analysts (share price forecast), and analysis by us is only for educational purposes, not any buying or selling recommendation. We will be not responsible for any profit and loss.
Yatharth Hospital share price forecast
According to the share price forecast of Yatharth Hospital, the stock can give a massive profit 1 year from now. 3 Analysts have given a buy signal for the Yatharth Hospital share price target for 2024.
Note: Share price forecast is calculated based on the given or estimated targets from the analysts. It is not any buying recommendation or buying based on the share price forecast can be very risky.
Current Price: As of 4 March 2024, the Yatharth Hospital stock is trading at Rs. 433.60 (after market closing).
Minimum Estimate: According to the share price forecast for the Yatharth Hospital, you can expect a minimum estimate of 21.54% i.e. 527 from the current price.
Average Estimate: The average estimate of the Yathart stock is 37.61% i.e. Rs. 596.65 from this level.
Maximum Estimate: The maximum estimate for the Yathath Hospital is 51.75% i.e. 658 in a year from the current price of the stock.
Brokerage Firms Research
As of now, no brokerage firm research has been published related to buying or selling the stock. There can be many reasons behind it like no good opportunity in the stock according to the brokerage firms.
Once any update or research comes from any brokerage firm related to buying or selling the stock then we will update the sector.
Yathart Hospital share price target 2024
Yatharth Hospital formed an M-pattern on the top and the stock has become bearish. Most probably the stock will fall for a few more days until it creates a support or reverse from its support.
The bearish trend in the stock is for the short term until the whole healthcare and hospital sector becomes bearish. There is support near Rs. 430 to 432, if the stock breaks it then we can easily see a 5% to 6% correction or fall in the stock for the short term.
On the weekly timeframe, the technical indicators indicate the stock is bullish. Moving average (period 10 and 20), RSI, MACD (12,26,9), Stochastic (20,3), ROC (20), MA Crossovers (5 & 10 DMA crossovers), etc are suggesting the stock is bullish.
Yatharth Hospital share price target 2025
As we already shared above the analysts are bullish on the stock for the short term. Not only analysis but the share price forecast and the fundamentals of the stock also suggest the same.
The quarterly results of the Yatharth Hospital are improving in almost every quarter and the healthcare and hospital sector is also bullish as of now.
No doubt in 2025 the stock can give a good return but it is hard to know the exact Yatharth Hospital share price target for 2025 because it is a small-cap stock and the volatility in these types of stocks is very common.
Yatharth Hospital share price target 2026
For the long term, the Yatharth Hospital share price target for 2026 depends on its quarterly results like its net profit, EPS, operating margin, sales, etc. As it is a small-cap company stock so, sector or industry faces any problem then we can see a massive fall in the stock.
Hope you know, that small-cap stocks are very similar to penny stocks. In case, any negative news or regulations come from the government then these types of shares fall very badly.
From the business model of point, the stock is very good because quarterly results are improving, yearly net profit is also increasing, sales are also increasing over the years, etc. So, from the fundamentals, there is nothing to worry about as of now but always remember it is a small-cap stock.
FAQs
No, Yatharth Hospital is not a penny stock but it is a micro-cap stock which is also known as small-cap stocks. Most of investors consider the company or stock a micro-cap company or stock when its market cap is less than Rs. 5,000 Crore.
Yatharth Hospital is a good stock as its earnings have increased over the years and quarters, and EPS and Sales are also increasing with time, low debt on the hospital, earnings above the industry median, etc. But investing in the stock is a little bit risky because it is a small-cap company otherwise there is no major problem.
As of 4 March 2024, the stock is trading more than 15% below its all-time high. On the daily timeframe the stock is looking bearish so, there is some chance the stock can fall more in the next few days or go up. So, investing money in Yatharth Hospital in SIP mode can be very profitable.
Final Words: Yatharth Hospital is a good stock of the healthcare and hospital sector. It is a small-cap company but its stock is fundamentally very strong as over the years the net profit, sales, EPS, etc improved. So, if you invest in small-cap stocks then it can be good for you otherwise for safe investors the stock is a little bit risky. We shared the Ytharh Hospital share price target for 2024, 2025, and 2026 based on technicals and fundamentals and do your analysis before investing.