The presentation highlights record revenue and EBITDA growth for Q1 FY27. Revenue from operations stood at ₹3,927 million, representing a 51.5% year-over-year increase from ₹2,592 million in Q1 FY26 and a 14.9% quarter-over-quarter increase from ₹3,416 million in Q4 FY26.

EBITDA reached ₹917 million, showing a 39.0% YoY increase from ₹660 million and a 14.7% QoQ increase from ₹799 million. The EBITDA margin was 23.3%, compared to 25.4% in Q1 FY26 and 23.4% in Q4 FY26. The company noted an adjusted EBITDA margin of 28.1% when excluding ramp-up losses from newer hospitals.

Profit After Tax (PAT) was ₹454 million, an 8.0% YoY increase from ₹420 million and a 1.6% QoQ increase from ₹447 million. PAT margin was 11.6%, compared to 16.2% in Q1 FY26 and 13.1% in Q4 FY26.

Operational Performance

New hospitals (comprising Greater Faridabad, New Delhi Model Town, Faridabad Sector-20, and Agra) contributed ₹1,067 million in revenue during Q1 FY27, representing 27% of total revenue mix, up from 9% in Q1 FY26 and 22% in Q4 FY26. Existing hospitals (Noida, Greater Noida, Noida Extension and Jhansi-Orchha) delivered 22% YoY revenue growth.

Faridabad Sector-20 achieved EBITDA breakeven in record 9 months. New Delhi hospital showed strong ramp-up with ARPOB approaching ₹50,000 mark. Agra hospital achieved 20%+ EBITDA margin in its first full quarter of integration.

Expansion Plans

The company is developing a 250-bed hospital in Gurugram, strategically located in Central Gurugram within a high-income catchment area with proximity to IGI airport. The facility is expected to commence operations by Q1 FY2028.

Financial Breakdown

  • Medical Consumables & Pharmacy: ₹693 million (32.9% YoY increase)
  • Employee Expenses: ₹779 million (61.7% YoY increase)
  • Other Expenses: ₹1,537 million (65.4% YoY increase)
  • Depreciation and Amortisation: ₹282 million (89.3% YoY increase)
  • Financial Cost: ₹66 million (significant increase from ₹2 million YoY)
  • Other Income: ₹44 million (44.4% YoY decrease)
  • Profit Before Tax: ₹612 million (4.3% YoY increase)
  • Tax: ₹158 million (5.2% YoY decrease)

Strategic Initiatives

The company is pursuing a cluster-based growth strategy across NCR with:

  • Noida Cluster: 3 hospitals with 1,100 beds (+450 beds underway)
  • Faridabad Cluster: 2 hospitals with 600 beds
  • New Delhi Cluster: 1 hospital with 300 beds in Model Town
  • Gurugram Cluster: 1 upcoming hospital with 250 beds
  • Beyond NCR: Agra (250 beds) and Jhansi (305 beds)

The company has announced bed capacity expansion plan of approximately 3,250 beds with target of approximately 5,000 bed capacity over next 3 years.

International Initiatives

Yatharth has expanded international footprint with information Centre in Uzbekistan, partnerships with healthcare institutions across Cameroon, Kenya, and Sudan, and global brand visibility through a renowned Afghan international cricketer as Brand Ambassador. The company is the exclusive hospital partner to Noida International Airport.

The presentation will be available on the company's website at https://www.yatharthhospitals.com/investors/corporate-announcements.