ICICI Securities initiates Entero Healthcare at "buy", flags strong margin profile

Entero Healthcare Solutions

31/08/2026 09:53

** ICICI Securities initiates coverage of integrated healthcare and pharma distribution co Entero Healthcare ENTE.NS at "buy" with TP of 2100 rupees
** ENTE last down 2.1% at 1770.80 rupees
** Brokerage says rev and EBITDA growth of co superior to peers Keimed and Ascent Health over last two years
** Pharma product distribution market in India highly fragmented; ENTE well-positioned to ride wave of consolidation, says brokerage
** ICICI Securities flags ENTE has ranked among top 3 healthcare distributors within span of 8 years
** Adds, co has successfully integrated 22 acquisitions over last 4 years, accounting for ~29% of FY26 revenue
** All 3 analysts covering stock rate it "buy" or "strong buy"; median PT is 1800 rupees -- LSEG-compiled data

 (Reporting by Abhirami G in Bengaluru)
 ((abhirami.g@thomsonreuters.com))