Financial Performance Highlights (Consolidated)

Q1 FY27 vs Q1 FY26 (Year-over-Year)

  • Revenue from Operations: ₹4,757 million (19% growth from ₹3,988 million)
  • EBITDA (ex-Other Income): ₹1,261 million (20% growth from ₹1,049 million)
  • EBITDA Margin: 26.5% (20 basis points expansion from 26.3%)
  • Net Profit: ₹886 million (35% growth from ₹655 million)
  • Net Profit Margin: 18.6% (220 basis points expansion from 16.4%)

Q1 FY27 vs Q4 FY26 (Quarter-over-Quarter)

  • Revenue from Operations: ₹4,757 million (3% growth from ₹4,604 million)
  • EBITDA (ex-Other Income): ₹1,261 million (1% decline from ₹1,274 million)
  • EBITDA Margin: 26.5% (116 basis points decline from 27.7%)
  • Net Profit: ₹886 million (15% growth from ₹768 million)
  • Net Profit Margin: 18.6% (195 basis points expansion from 16.7%)

Operating Metrics

Capacity & Utilization (Q1 FY27)

  • Total Bed Capacity: 3,960 beds (32% YoY growth from 3,000 beds, 10% QoQ growth from 3,610 beds)
  • Occupancy: 55.6% (decline of 1,224 basis points YoY from 67.8%, decline of 692 basis points QoQ from 62.5%)
  • Total Patients: 249,800 (17% YoY growth from 213,900, 17% QoQ growth from 213,500)
  • IPD Patients: 26,300 (16% YoY growth from 22,800, 4% QoQ growth from 25,300)
  • OPD Patients: 223,400 (17% YoY growth from 191,200, 19% QoQ growth from 188,200)

Balance Sheet Position

  • Term Bank Debt: ₹256 million (described as negligible) as of June 30, 2026
  • Fixed Deposits: ₹2,998 million (described as strong liquidity)

Expansion & Capacity Addition Timeline

Completed Projects

  • Panchkula Greenfield Hospital: 350 beds commissioned on April 10, 2026
  • The Medicity Hospital, Rudrapur: Acquired for ₹177 crores, definitive agreement signed May 25, 2026, commissioned August 2, 2026

Ongoing Projects

  • Palam Vihar, Gurugram Expansion: 100 new beds (Park Platinum) approved by subsidiary Umkal Health Care Private Limited on June 30, 2026. Expected commissioning November 2026. Will increase consolidated Gurugram capacity to 750 beds.
  • Mehar Hospital, Zirakpur: Acquired for ₹107 crores, definitive agreement signed August 3, 2026. Expected commissioning November 2026.
  • Agra Facility: 360 beds commissioned in February 2026
  • Febris Hospital, Narela, Delhi: 200 beds upcoming

Capacity Addition Targets

  • Calendar Year 2026: Expected to commission 1,490 beds (46% growth over 2025 closing capacity of 3,250 beds)
  • March 2027: Expected total capacity of 4,740 beds
  • March 2028: Expected total capacity of 5,740 beds

Current Operational Status

  • Operating Hospitals: 17 hospitals
  • Current Capacity: 4,290 beds as of date
  • Additional Projects: 5 additional hospitals being integrated and 2 existing units expanding, adding 1,450 beds
  • Geographic Presence: 15 cities including Delhi, Gurugram, Faridabad, Panipat, Karnal, Sonipat, Ambala, Mohali, Patiala, Bathinda, Behror, Jaipur, Agra, Panchkula, Rudrapur
  • Expansion Cities: Zirakpur (Punjab), Gorakhpur (Uttar Pradesh), Rohtak (Haryana)

Management Commentary

Dr. Ajit Gupta (Chairman) and Dr. Ankit Gupta (Managing Director) stated that Q1 FY27 represents a strong start with growth across all financial metrics despite executing the largest capacity expansion in company history. They emphasized that the 46% capacity addition in 2026 is funded from a balance sheet with negligible term debt. Near-term focus includes integration of acquired assets, improving utilization at newer facilities, and sustaining profitability while delivering affordable healthcare.

Additional Information

  • The company describes itself as North India's 2nd largest hospital chain
  • Clinical services include cardiology, neurology, oncology, orthopaedics, gastroenterology, critical care, nephrology, organ transplants, gene therapy, stem-cell therapy, and women & child health
  • Facilities feature modern medical infrastructure, advanced diagnostics, 24×7 emergency support
  • The earnings release is available on the company website: https://www.parkhospital.in/