Yatharth Hospitals invests Rs 91.2cr to expand in Faridabad and Delhi

Yatharth Hospital and Trauma Care Services Ltd (NSE: YATHARTH, BSE: 543950) has announced a significant expansion, acquiring a 60% stake in a 400-bed hospital in Faridabad, Haryana, for INR 91.2 crore. This acquisition, announced on October 30, 2024, elevates Yatharth Hospitals’ regional footprint and cements its standing as a major healthcare provider in North India.

The newly acquired Faridabad hospital, currently under development on a two-acre site, is scheduled to commence operations at the start of the next fiscal year. Valued at an enterprise worth of INR 152 crore, this acquisition not only enhances Yatharth’s bed capacity in the region but also expands its specialty service offerings. The company has committed an additional INR 100 crore to equip this facility with state-of-the-art medical technology, which will support high-end services like oncology treatments and robotic surgeries, aiming to bring advanced healthcare options to the Faridabad area.

Further expansion with Delhi acquisition

In addition to the Faridabad stake, Yatharth Hospitals secured a new acquisition in Delhi’s Model Town. Announced on October 29, 2024, the hospital group acquired a 300-bed super-specialty hospital through an e-auction under the SARFAESI Act, 2002. This established facility, positioned in a high-density residential and institutional area, is expected to meet the high demand for specialized healthcare in North Delhi. Both acquisitions are part of a larger growth strategy that Yatharth Hospitals has pursued in 2024, underscoring their commitment to expanding bed capacity and healthcare access in the Delhi-NCR region.

Strategic importance and future growth

According to Yatharth Tyagi, Whole Time Director of Yatharth Hospitals, these acquisitions underline the group’s focus on growth through both organic and inorganic means. Tyagi emphasized that expanding into Faridabad and Delhi enhances the hospital chain’s regional presence, contributing to its mission of delivering accessible healthcare solutions to the North Indian community. He further highlighted that Yatharth Hospitals’ acquisitions showcase its expertise in developing and managing healthcare infrastructure while enhancing service quality and availability.

About Yatharth Hospital & Trauma Care Services Ltd

Headquartered in Greater Noida, Yatharth Hospital and Trauma Care Services Ltd operates a network of five super-specialty hospitals across North India, with an existing bed capacity of over 1,600 beds. The company has expanded its footprint steadily, positioning itself as a leader in patient-centered care with advanced medical technology across its facilities. The recent acquisitions strengthen Yatharth’s position in the competitive healthcare landscape of the Delhi-NCR region, adding substantial capacity and broadening its service reach.