Financial Performance Summary (₹ Mn)

Revenue Performance:

  • Q1FY27: ₹3,927 Mn
  • Q1FY26: ₹2,592 Mn
  • Year-over-Year Growth: 51%
  • Quarter-over-Quarter Growth (vs Q4FY26 ₹3,416 Mn): 15%

EBITDA Performance:

  • Q1FY27: ₹917 Mn
  • Q1FY26: ₹660 Mn
  • Year-over-Year Growth: 39%
  • Quarter-over-Quarter Growth (vs Q4FY26 ₹799 Mn): 15%

EBITDA Margin:

  • Q1FY27: 23.3%
  • Q1FY26: 25.4%
  • Year-over-Year Change: (209) basis points
  • Quarter-over-Quarter Change (vs Q4FY26 23.4%): (5) basis points

Profit After Tax (PAT):

  • Q1FY27: ₹454 Mn
  • Q1FY26: ₹420 Mn
  • Year-over-Year Growth: 8%
  • Quarter-over-Quarter Growth (vs Q4FY26 ₹447 Mn): 2%

Adjusted EBITDA Margin: 28.1% (excluding impact of Faridabad Sector-20 and New Delhi hospitals)

Operational Highlights

Revenue Breakdown:

  • New hospitals (Greater Faridabad, Model Town New Delhi, Faridabad Sector-20, and Agra) contributed ₹1,067 Mn, representing 27% of group revenue
  • Mature hospitals sustained strong momentum with 22% YoY growth

Average Revenue Per Occupied Bed (ARPOB):

  • Group ARPOB reached ₹34,758, showing 7% YoY growth
  • Premium NCR hospitals (Noida Extension and New Delhi) achieved ₹50,000 ARPOB mark in Q1

Hospital Performance:

  • Faridabad Sector-20 achieved EBITDA breakeven in record nine months of operations
  • Agra hospital delivered >20% EBITDA margin within first full quarter of integration

Profitability Metrics:

  • Strong growth in Cash Profits (PAT plus depreciation) at 29% YoY

Corporate Actions

Dividend Declaration:

  • Board declared maiden interim dividend at 5% of face value

ESOP Approvals:

  • Board approved ESOP grant under the ESOP Scheme 2024
  • Board approved launch of new ESOP Scheme 2026 aimed at attracting, retaining and aligning quality talent pool

Management Commentary

Mr. Yatharth Tyagi, Whole Time Director, commented that FY27 commenced on a strong footing with record quarterly revenue and EBITDA growth. He noted that newer facilities are progressing ahead of expectations, with Faridabad Sector-20 achieving EBITDA breakeven and Agra hospital contributing meaningfully to profits. The premium NCR hospitals at Noida Extension and New Delhi have approached the ₹50,000 ARPOB mark, with expectations that Faridabad Sector-20 and the upcoming Gurugram hospital will move toward similar benchmarks. The maiden interim dividend balances shareholder returns with continuing investments in growth.

Investor Relations

Earnings Conference Call:

  • Date: Tuesday, August 11, 2026
  • Time: 11:00 am IST
  • Universal Dial-In Numbers: +91 22 6280 1297, +91 22 7115 8198
  • International Toll-Free Numbers: Hong Kong: 800 964 448, Singapore: 8001012045, UK: 08081011573, USA: 18667462133

Company Overview

Yatharth Hospitals operates a network of over 2,500 beds across North India with an overall announced capacity of ~3,250 beds. The network spans Noida, Greater Noida, Noida Extension, Greater Faridabad, New Delhi, Gurugram and Jhansi-Orchha in Madhya Pradesh, with growing presence in Agra.