Anlon Healthcare margin jumps 6.09 percentage points QoQ
Revenue growth outpaced expense growth, while a lower tax rate amplified the increase in consolidated net profit.
Filed 29 Oct 2026, 17:32 IST · after market close · Anlon Healthcare Ltd (AHCL)
Key takeaways
- Consolidated revenue grew +20.61% QoQ while expenses rose +11.67%, lifting operating margin by 6.09 percentage points to 23.90%.
- Consolidated net profit increased +107.49% QoQ as the tax rate fell 12.55 percentage points to 26.82%.
- Anlon Healthcare's 23.90% operating margin was 4.00 percentage points above the 19.90% median for 31 reported healthcare peers.
Price around the results
Revenue growth widened the operating margin
Consolidated revenue rose +20.61% QoQ, ahead of the +11.67% increase in expenses, which expanded operating margin by 6.09 percentage points to 23.90%. Operating profit consequently grew +61.90%, faster than revenue. The results were filed after market close, so there is no market reaction to report yet.
Lower tax rate amplified profit growth
Net profit rose +107.49% QoQ, helped by a 12.55-percentage-point fall in the tax rate to 26.82%. Interest expense declined -6.52% and depreciation fell -11.21%, providing additional support below operating profit. Other income contributed only 0.21% of profit before tax, so it was not a meaningful source of earnings.
Margin stayed above the healthcare peer median
Anlon Healthcare's 23.90% operating margin was 4.00 percentage points above the 19.90% median among 31 healthcare peers that had reported the quarter. The available quarterly trend shows a step-up from Q1FY27's 17.81% margin; there is not enough history here to establish a longer multi-quarter direction.
Q2FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 | Q1FY27 | QoQ |
|---|---|---|---|
| Revenue | ₹106 cr | ₹88 cr | +20.61% |
| Other income | ₹0 cr | ₹0 cr | -16.67% |
| Expenses | ₹80 cr | ₹72 cr | +11.67% |
| Operating profit | ₹25 cr | ₹16 cr | +61.90% |
| Operating margin (%) | 23.90% | 17.81% | — |
| Interest | ₹1 cr | ₹1 cr | -6.52% |
| Depreciation | ₹1 cr | ₹1 cr | -11.21% |
| Profit before tax | ₹23 cr | ₹14 cr | +71.82% |
| Tax | ₹6 cr | ₹5 cr | +17.10% |
| Net profit | ₹17 cr | ₹8 cr | +107.49% |
| EPS (₹) | ₹0.32 | ₹0.16 | +100.00% |
Operating margin of 23.90% compares with a Healthcare sector median of 19.90% across 31 peers that have reported Q2FY27.
What to watch
- Whether operating margin holds above 23.90% in the next quarter.
- Whether expense growth remains below the current revenue-growth rate of +20.61%.
- Whether the tax rate remains near or below 26.82%.