5 days ago
Park Medi World Plans 5,740-Bed North India Expansion Network
Park Medi World runs hospitals mainly in North India.
It wants to grow from its current network to 5,740 beds by FY28.
This means adding about 2,130 beds.
The company plans to build new hospitals, expand existing ones, buy hospitals, and manage facilities for others.
It will focus on states where it already has hospitals.
The Medicity Hospital in Rudrapur is its first hospital in Uttarakhand.
Park Medi says much of the expansion can be paid for with its own cash and earnings.
The company also reported strong financial results in FY26.
Park Medi World aims to reach 5,740 beds across its hospital network by FY28, adding about 2,130 beds.
The expansion will use greenfield projects, capacity expansions, acquisitions, and operate-and-manage arrangements.
The company plans to focus on Delhi, Uttar Pradesh, Punjab, Haryana, and Uttarakhand, where it already operates.
Park Medi’s 17 operational hospitals include 11 acquired facilities, while The Medicity Hospital marks its entry into Uttarakhand.
FY26 revenue rose 21% to ₹16,794 million, EBITDA increased 20% to ₹4,443 million, and profit after tax grew 27% to ₹2,736 million.
- Who
- Park Medi World Limited, a North Indian hospital operator.
- What
- The company announced a plan to expand its network to 5,740 beds by FY28.
- Where
- The expansion is focused on Delhi, Uttar Pradesh, Punjab, Haryana, and Uttarakhand, including Rudrapur.
- When
- The target is for FY28; The Medicity Hospital was commissioned on August 2, 2026, according to the FY26 annual report.
- Why
- To increase capacity, enter or strengthen healthcare markets, and expand its regional hospital presence.
Key facts
- Target network capacity
- 5,740 beds by FY28
- Planned bed addition
- Approximately 2,130 beds
- Current hospital network
- 17 operational multi-super-speciality hospitals
- Acquisition contribution
- 11 of the 17 operational hospitals were added through acquisitions
- The Medicity Hospital
- A 330-bed, NABH-accredited hospital in Rudrapur, Uttarakhand
- Expansion capital expenditure
- Approximately ₹6,280 million for 1,780 beds, excluding Panchkula
- FY26 revenue
- ₹16,794 million, up 21% year-on-year
- FY26 profit after tax
- ₹2,736 million, up 27%
Sources
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