05-11-2026 09:35:26 PM
Hyderabad: Nephrocare Health Services Limited, Asia’s largest dialysis network under the brand “NephroPlus” announced its Financial Results for second quarter and half year ended 30th September 2026.
EBITDA adjusted for ESOP expenses of Rs. 1.8 crores in Q2FY27, Rs. 2.8 crores in Q2FY26, Rs. 3.1 crores in H1 FY27 and Rs. 5.0 crores in H1 FY26; PAT adjusted for share of loss from JV of Rs. 3.9 crores and ESOP expenses of Rs. 1.8 crores in Q2 FY27, ESOP expenses of Rs. 2.8 crores and Impact on Finance costs on account of CCPS conversion of Rs. 37.2 crores in Q2 FY26, share of loss from JV of Rs. 7.5 crores and ESOP expenses of Rs. 3.1 crores in H1 FY27, ESOP expenses of Rs. 5.0 crores and Impact on Finance costs on account of CCPS conversion of Rs.37.2 crores in H1 FY26.
Commenting on the Q2 & H1FY27 results, Mr. Vikram Vuppala – Chairman & MD said, “Dialysis market across the World continues to grow due to the increasing burden of Diabetes and Hypertension as well as improving access due to various interventions. NephroPlus continues to grow healthily in India and international markets and expect margins to remain in healthy range.
We are excited to open NephroPlus in Kazakhstan, which will be our 6th market. The two clinics we acquired are a good starting point for us to better understand the local market nuances before we start scaling this network in Kazakhstan. We have technically qualified in the Saudi Arabia’s Ministry of Health tender. We are one of the 12 Providers who qualified to bid for 4 regions in this tender and hence expect the process to be very competitive.
Mr Rohit Singh, Group Chief Executive Officer said, “H1FY27 took NephroPlus into a sixth country, with our network now at 570 clinics across 6 countries. Revenue grew 23.6% year-on-year to ₹585.2 crore and Adjusted EBITDA rose 15.3% to ₹134.4 crore. We delivered over 21 lakh treatments, up 12.6% YoY, with guest volumes up 9.6%. Growth came from a combination of new market entries, acquisitions and steady volumes across our established networks.