NephroPlus delivers strong revenue and profit gowth in Q3 FY26 on Intl scale-Up

Hyderabad, Feb 13 (TNT): NephroPlus, Asia’s largest dialysis network,on Friday reported a robust financial performance in the third quarter of FY2026, driven by higher treatment volumes, a favourable international revenue mix, and operating leverage from its scalable India platform.
The company posted revenue of ₹259.7 crore in Q3 FY26, marking a 31.7 per cent year-on-year growth.
For the nine months ended FY26, revenue stood at ₹733.2 crore, up 36.6 percent YoY, reflecting sustained demand and expansion across domestic and overseas markets,the Hyderabad based Health Services company said in a release here.
On the profitability front, adjusted EBITDA (excluding Saudi expenses of ₹2.2 crore) rose to ₹63.1 crore in Q3 FY26, registering a strong 43.0 per cent YoY increase.
For 9M FY26, adjusted EBITDA came in at ₹175.4 crore, a growth of 52.1 percent YoY, highlighting improving margins and better absorption of fixed costs.
Growth was primarily supported by a 17.7 percent rise in treatment volumes and a strategic shift towards higher-value international markets.
International revenue contribution increased significantly from 29.5 percent to 41.1 percent, resulting in a 17 percent increase in revenue per treatment and improved returns on capital employed (ROCE).
Commenting on the results, Chairman & Managing Director Vikram Vuppala said the company continues to benefit from rising incidence of chronic kidney disease globally and remains focused on expanding access to high-quality dialysis, particularly in underserved markets.
He added that the recent listing of NephroPlus on Indian stock exchanges marks a new phase of growth, backed by stakeholder confidence and a long-term vision.
Group CEO Rohit Singh highlighted that NephroPlus’ asset-light, capital-efficient model, supported by standardized clinical protocols and technology-led care, enables consistent patient outcomes while delivering strong cost economics and healthy financial returns.
He said the company plans to consolidate its leadership in India, scale operations in the Philippines and Uzbekistan, and explore new markets.
Chief Financial Officer Prashant Goenka noted that revenue growth is translating into margin expansion and improving profitability, reflecting operating leverage and disciplined capital allocation.
He added that continued investments in technology, efficient working capital management, and expanding international presence provide meaningful headroom for long-term growth and shareholder value creation.
TNT KS