Singhe Hospitals PLC

SINH.N0000Overvalued

Healthcare · Hospital/Nursing Management

Singhe Hospitals PLC owns and operates a private hospital in Ratnapura and runs a diagnostic laboratory network across Sabaragamuwa and neighbouring provinces.

SINH shares are up 187.0% over the past year and last closed at Rs 22.10 on Sep 30, 2026.

Rs 22.10
+2.79%
Price history
+187.01%

Monthly seasonality

Monthly total returns by year and calendar month
YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+60.0+31.0-10.5+20.8-11.8+16.7-9.4-2.7+4.2+0.0+0.0+0.0
2025+11.1-10.0+3.7+10.7+61.3+56.0-5.1+17.6-11.5+42.9-9.1+5.0
2024+0.0+0.0+4.3-4.2-4.3+4.5+0.0+4.3+4.2+0.0-4.0+12.5
2023-3.6-3.7+0.0-3.8-4.0+4.2+4.0-7.7-4.2+4.3+0.0-4.2
2022+0.0-3.2-26.7-4.5+9.5+4.3+4.2+4.0+11.5-10.3+3.8+3.7
2021-12.1-27.6+0.0+0.0+0.0+9.5+4.3+12.5+7.4+3.4+0.0+3.3
2020-6.3+6.7-12.5+0.0+0.0-6.3+13.3-5.9+43.7+8.7+12.0+17.9
2019+0.0+0.0-7.1+0.0-15.4+9.1+25.0+6.7-6.3+13.3+0.0-5.9
2018+5.9+0.0-11.1+0.0+0.0-6.3-13.3+15.4-13.3+0.0+7.7+0.0
2017-5.3-11.1+0.0+12.5+5.6-5.3+5.6-5.3+5.6-10.5+0.0+0.0
2016+0.0-4.8-5.0+26.3-4.2-13.0+0.0+5.0-4.8+5.0-4.8-5.0
2015+0.0+0.0+0.0+0.0-8.0+0.0+8.7-4.0-12.5+4.8+0.0-4.5
Average+4.5-2.1-5.9+5.8+2.6+6.1+3.1+3.3+2.0+5.6+0.5+2.1
ASPI average+3.1-2.7-4.7+2.0+0.2+0.8+3.1+2.2+3.2-0.1+1.0+3.0
Median+0.0-3.2-5.0+0.0-4.0+4.3+4.1+4.2+0.0+4.3+0.0+0.0
% up27%18%18%40%27%58%58%58%50%64%27%45%
P/E
43.9
P/B
7.92
EPS
Rs 0.50
Div Yield
0.00%
Market Cap
Rs 9.5B
Beta
0.81
ROE
4.7%
Op Margin
21.6% (+5.7pp)

Fundamentals

LineFY2027FY2025FY2025FY2024FY2022FY2021FY2020FY2019
Revenue
Rs 553.0M
Rs 1.5B
+18.4%
Rs 1.1B
-13.8%
Rs 1.3B
Rs 1.0B
+43.0%
Rs 700.3M
-
Rs 595.1M
+21.9%
Operating profit
Rs 79.2M
Rs 186.5M
+107.5%
Rs 121.6M
+35.3%
Rs 89.9M
-
Rs 34.6M
-
Rs 64.4M
Net profit
Rs 56.0M
Rs 116.2M
+371.7%
Rs 52.6M
+113.4%
Rs 24.6M
Rs 16.4M
+613.9%
Rs 2.3M
turned profitable
Rs -5.7M
loss narrowed
Rs -11.9M
loss narrowed
EPS
0.13
0.27
+350.0%
0.12
+100.0%
0.06
0.04
+300.0%
0.01
-0.01
-0.03

Compared with the same period a year earlier.

Parent company only. Subsidiaries are not included.

Per-share figures are as reported, not adjusted for splits.

Recent dividends

No dividend records.

Peer comparison5 peers in Healthcare
Rs 28.10
P/E
6.4
P/B
1.25
ROE
11.69%
Yield
0.00%
Rs 114.75
P/E
10.8
P/B
1.57
ROE
14.56%
Yield
2.61%
Rs 11.50
P/E
15.3
P/B
2.67
ROE
16.28%
Yield
0.00%
Rs 61.00
P/E
10.7
P/B
0.85
ROE
8.07%
Yield
1.80%
SINH.N0000 · this company
Rs 22.10
P/E
43.9
P/B
7.92
ROE
4.65%
Yield
0.00%
Rs 12.80
P/E
8.0
P/B
0.92
ROE
11.46%
Yield
0.00%
Peer median · 5 companies
P/E 10.7P/B 1.25Yield 0.00%

About Singhe Hospitals PLC

Singhe Hospitals PLC owns and operates a private hospital in Ratnapura and runs a diagnostic laboratory network across Sabaragamuwa and neighbouring provinces. The hospital provides inpatient and outpatient care, including a 24 hour outpatient department, radiology and ultrasound scanning, a surgical unit, a cardiac unit and an intensive care unit, alongside dental and cosmetic clinics and home nursing. The laboratory arm extends the company beyond the Ratnapura site, with laboratories and sample collection centres in towns including Balangoda, Kahawatta, Embilipitiya, Karawanella, Bandarawela, Kandy, Negombo and Homagama. The company was established in 2009 and its registered office is at No. 362, Colombo Road, Ratnapura. Its financial year ends on 31 March.

AI analysis

bearish

Singhe Hospitals combines its strongest comparable March operating margin with an exceptionally demanding valuation at 7.56x book. Improving operations face a high price and weak cash conversion.

Read the full report (Aug 8, 2026) →

News sentiment

Describes news flow, not a forecast
Last 30 days
Not enough news to read

No scored news in the last 30 days.

24 months positive negative 3-month net
Jun 25: 2 articles, net +0.17Feb 24Jun 24Oct 24Feb 25Jun 25Oct 25
Recent news
View all news →
Daily FT·Apr 22, 2026·Market commentary
Foreigners emerge net buyers after 21-days as CSE ends 0.25% on the up

Colombo stocks rose 0.25% as foreign investors turned net buyers after a 21-session selling streak, recording a net inflow of Rs. 19.8 million and lifting the ASPI 55.45 points to 22,625.48. Top contributors included CINS, BUKI, CFIN, MELS and NHL, while consumer services led turnover and oil price moderation supported sentiment.

Fuel & Energy Prices
Daily FT·Jan 29, 2026·Market commentary
CSE ends 7.89 points shy of 24,000 milestone

The ASPI closed at 23,992.11, up 0.13% (31.95 pts) after hitting an intraday high of 24,068.22, with turnover over Rs.6.9bn and foreign net outflows of Rs.480.2m. Capital goods led turnover (Rs.1.91bn) with John Keells and ACL Cables among top contributors while market breadth remained weak.

Ada Derana·Dec 22, 2025·Management or board change
New leadership takes office at the Association of Private Hospitals and Nursing Homes

The Association of Private Hospitals and Nursing Homes appointed a new Governing Council for 2025–2027, naming Raveen Wickramasinghe as President. The council includes representatives from Asiri, Nawaloka, Lanka, Ceylon and Singhe hospitals and will focus on policy advocacy, quality and capacity building.

Healthcare & Pharma
Daily FT·Jul 12, 2025·Market commentary
CSE indices soar; turnover tops Rs. 10 b as market ends on a high

Colombo market hit a record ASPI of 18,541 (up 380 pts, 2.09%) as turnover reached Rs.10.22bn, led by banking stocks and John Keells. Foreign investors were net sellers (net outflow Rs.1.2bn) and the banking sector accounted for 27% of turnover.

Exporters
Daily FT·Jul 10, 2025·Market commentary
Colombo stock market rebounds on improved sentiment

Colombo market rebounded as the ASPI gained 129 points (0.7%) on fresh buying, with turnover of Rs.5.98bn. Banking and construction led gains — HNB, Central Finance, R I L Property and Melstacorp were among top contributors while foreign investors were net sellers of Rs.84.4m.

Daily FT·Jun 28, 2025·Market commentaryPositive
Colombo stock market ends week with 4.6% gain

Colombo market closed the week with the ASPI up 4.6% (closed 17,873, +132pts) and daily turnover Rs.5.12bn; CTHR, JKH, SAMP, HNB and CDB were among top contributors, capital goods and diversified financials led turnover while foreign investors were net sellers of Rs.441.5m.

Daily FT·Jun 6, 2025·Market commentary
Colombo stock market sustains all-time high level

Colombo market stayed at an all-time high as the ASPI rose 82 points (0.47%) on turnover of Rs.5.6bn, led by heavy activity in John Keells, Hemas, Browns Investments, People’s Leasing and Lanka Milk Foods; foreign investors were net buyers of Rs.41.4mn and capital goods and diversified financials led turnover.

Healthcare sector: what is happening

Last 14 days to Sep 30, 2026

Healthcare news centred on public-sector capacity and control. The Government will take full ownership of Neville Fernando Hospital, with the Sri Lanka Air Force managing daily operations and Treasury funding salaries and operations. Cabinet approved 39 hospital infrastructure projects for the public investment programme, alongside NIC-linked e-health records, while four hospital construction projects were launched, including cardiology and emergency facilities.

Auto-generated from 4 sector news articles over 14 days. Not investment advice.