YATHARTH HOSP & TRA C S L

During the earnings call for Q1 FY27, management reported a record quarterly revenue of INR 3,927 million, reflecting a 51% year-on-year growth, and an EBITDA of INR 917 million. The company achieved a significant milestone with its Faridabad Sector 20 hospital reaching EBITDA breakeven in just 9 months. The new hospitals in Greater Faridabad, New Delhi, and Agra contributed 27% to total revenue. Management highlighted a strong focus on improving the payer mix, with new hospitals operating at over 90% cash and private insurance patients. The company also announced a maiden interim dividend of 5% and introduced an ESOP scheme to attract and retain talent. Management set a goal to double bed capacity to 5,000 beds within the next few years, with ongoing expansions and new acquisitions planned. The overall adjusted EBITDA margin stood at 28.1%, excluding the impact of new facilities, indicating improved profitability across the network.

Management emphasized strong growth and successful operational milestones.