Park Medi World Limited announced its unaudited financial results for the quarter and half year ended September 30, 2026, pursuant to Regulation 30 of SEBI Listing Regulations.

Operating Performance

Q2 FY27 vs Q2 FY26:

  • Total Bed Capacity: 4,290 vs 3,250 (+32%)
  • Occupancy%: 55.8% vs 68.5% (-1,271 bps)
  • Total Patients: 290k vs 225k (+29%)
  • IPD patients: 31k vs 24k (+31%)
  • OPD patients: 259k vs 201k (+29%)

H1 FY27 vs H1 FY26:

  • Total Bed Capacity: 4,290 vs 3,250 (+32%)
  • Occupancy%: 55.7% vs 68.1% (-1,247 bps)
  • Total Patients: 539k vs 439k (+23%)
  • IPD patients: 57k vs 47k (+23%)
  • OPD patients: 482k vs 392k (+23%)

Financial Performance (INR mn)

Q2 FY27 vs Q2 FY26:

  • Revenue from Operations: ₹5,110 vs ₹4,102 (+25%)
  • EBITDA (ex-Other Income): ₹1,017 vs ₹1,127 (-10%)
  • EBITDA Margin: 19.9% vs 27.5% (-758 bps)
  • Net Profit: ₹545 vs ₹787 (-31%)
  • Net Profit Margin: 10.7% vs 19.2% (-853 bps)
  • EPS (INR): 1.26 vs 2.05 (-38%)

H1 FY27 vs H1 FY26:

  • Revenue from Operations: ₹9,867 vs ₹8,090 (+22%)
  • EBITDA (ex-Other Income): ₹2,278 vs ₹2,177 (+5%)
  • EBITDA Margin: 23.1% vs 26.9% (-382 bps)
  • Net Profit: ₹1,431 vs ₹1,442 (-1%)
  • Net Profit Margin: 14.5% vs 17.8% (-333 bps)
  • EPS (INR): 3.31 vs 3.75 (-12%)

Financial Position as of September 30, 2026

  • Term Debt: ₹1,779 mn
  • Fixed Deposits: ₹2,950 mn
  • Total Cash & cash equivalents (including other balances): ₹3,713 mn

Capacity Expansion Highlights

  • Added 680 beds in H1 FY27 through:
  • Acquisition in Rudrapur (330 beds)
  • Commissioning of Panchkula (350 beds, largest greenfield)
  • Total bed capacity reached 4,290 beds as of September 30, 2026
  • Announced acquisition of 150-bed 'Mehar Hospital' in Zirakpur at valuation of ₹1,070 mn
  • Announced long-term Operations and Management arrangement for 300-bed multisuper-speciality hospital in Kanpur
  • Expected commissioning timeline:
  • Mehar Hospital: 1st week of December 2026
  • Kanpur facility: Q4 FY27
  • Company expects to commission 1,430 beds in FY27 (40% capacity addition over FY26 closing capacity of 3,610 beds)

Management Commentary

Dr. Ajit Gupta, Chairman and Dr. Ankit Gupta, Managing Director stated that H1 FY27 was a period of record growth and significant investment. They noted that new capacity onboarding has had a near-term bearing on occupancy and profitability as new facilities take time to ramp up. The management priorities are seamless integration of new assets, improving utilization and margins, while maintaining commitment to affordable, high-quality healthcare.

Company Overview

Park Group is North India's 2nd largest hospital chain operating 17 hospitals with 4,290 beds. The Group is integrating 6 additional hospitals and expanding capacity at 3 existing units, which will add 2,300 beds to reach total capacity of 6,590 beds. The company has presence across 15 cities and is expanding into Zirakpur, Gorakhpur, Prayagraj, Kanpur, and Rohtak.

Additional Information

The disclosure is available on the Company's website at https://www.parkhospital.in/. The document includes standard cautionary statements concerning forward-looking statements.