PARKHOSPS
Park Medi World Limited
NSELast Traded Price
₹236
-18.55 (-7.29%)
Open
₹242.2
High
₹244.85
Low
₹229.1
Prev Close
₹254.55
Industry
Hospital
Market Cap
10174.13 Cr
Filing History
Recent corporate announcements and filings for PARKHOSPS
Routine
Neutral
2026-09-28 13:08
- Trading window for dealing in securities will be closed from October 01, 2026.
- Closure remains effective until 48 hours after the declaration of Q2/H1 FY27 financial results.
- Board meeting date for results approval will be intimated in due course.
Business Update
Positive
2026-09-22 09:28
- Park Group of Hospitals won three honours at the Healthcare Pioneers of Delhi 2026 awards on September 20, 2026.
- Awards included Lifetime Achievement (Dr. Ajit Gupta), Future Healthcare Leader (Dr. Ankit Gupta), and Excellence in Advanced Medical Technology & Patient Care (Park Group of Hospitals).
- The group is expanding its capacity from ~4,300 to a projected ~6,600 beds.
Business Update
Negative
2026-09-16 16:26
- Park Medi World Limited management will not participate in the Anand Rathi Annual Flagship Conference on September 21, 2026, due to business exigencies.
- Other scheduled investor conferences remain unchanged.
Business Update
Positive
2026-09-16 10:25
- Park Medi World Limited's subsidiary signed an O&M agreement with Axis Educational Society to operate a 300-bed multi-specialty hospital in Kanpur, UP, for 28 years on an asset-light basis.
- The agreement involves a 6% revenue share or minimum ₹20 lakhs/month.
Business Update
Positive
2026-09-08 20:03
- Park Medi World Limited incorporated a wholly owned subsidiary, "Park Medicity Prayagraj Limited", on September 08, 2026.
- The new subsidiary will develop and operate a 550-bed multi-super-speciality hospital in Prayagraj, Uttar Pradesh, under a PPP model.
- The cost of acquisition is ₹0.15 crore for 100% shareholding.
Financials
Positive
2026-09-08 15:29
- Q1 FY27 Consolidated Revenue ₹475.71Cr vs ₹398.85Cr (▲19.27% YoY)
- EBITDA ₹126.09Cr vs ₹104.93Cr (▲20.16% YoY)
- PAT ₹88.59Cr vs ₹65.51Cr (▲35.24% YoY)
- EBITDA Margin 26.50% vs 26.31% (▲19bps)
- Launched a 350-bedded multi-super specialty hospital at Panchkula on April 10, 2026.
- Proposed expansion of Mohali unit from 350 to 500 beds, costing approx. ₹400 million.
- Proposed expansion of existing 225-bedded Park Hospital in Palam Vihar by 100 new beds, costing approx. ₹250 million, to be completed by November 2026.
- Acquired 80% shareholding of V3 Healthcare Private Limited (330-bed 'The Medicity Hospital - Rudrapur') on July 31, 2026, for approx. ₹1,770 million, with the hospital launched on August 2, 2026.
Business Update
Neutral
2026-09-05 15:43
- Park Medi World Limited management will participate in investor/analyst meetings:
- September 17, 2026: Kotak Healthcare Forum, Physical meeting from 12:00 p.m. onwards at Kotak Securities Limited, Bandra, Mumbai.
- September 21, 2026: Anand Rathi Annual Flagship Conference G-200 Summit 2026, Physical meeting from 11:00 a.m. onwards at Taj Santacruz, Mumbai.
- September 23, 2026: Kotak Securities Investor Meeting, Virtual meeting from 11:00 a.m. onwards.
- September 28, 2026: Arihant Capital: Bharat Connect Conference- Rising Stars, Virtual meeting from 12:00 p.m. onwards.
- No unpublished price-sensitive information will be discussed.
Governance
Neutral
2026-09-04 13:40
- The company disclosed the voting results of the postal ballot conducted for the resolution proposing to amend certain objects of the Initial Public Offer (IPO) proceeds.
- The resolution was duly approved by the members with the requisite majority.
- The resolution is deemed to have been passed on Thursday, September 03, 2026.
- Total votes casted: 39,51,51,375.
- Votes in favour: 39,51,47,456 (99.9990%).
- Votes against: 3,919 (0.00099%).
Business Update
Positive
2026-08-31 11:20
- Park Medi World Limited approved the incorporation of a wholly-owned subsidiary, 'Park Medicity Prayagraj Limited' or 'Park Hospital Prayagraj Limited'.
- The subsidiary will develop and operate a 550-bed multi-super-speciality hospital at Prayagraj under a PPP model.
- The company will hold 100% shareholding for a subscription cost of INR 0.15 crore.
Business Update
Positive
2026-08-31 11:18
- Board of Directors approved the incorporation of a wholly-owned subsidiary, 'Park Medicity Prayagraj Limited' or 'Park Hospital Prayagraj Limited'.
- The new subsidiary will develop and operate a 550-bed multi-super-speciality hospital in Prayagraj, Uttar Pradesh, under a Public-Private Partnership (PPP) model, following a successful bid.
- The Company will hold 100% shareholding of the subsidiary with an initial investment of ₹0.15 crore.
Business Update
Positive
2026-08-26 09:26
- Order Win: Park Medi World Limited secured a Public-Private Partnership (PPP) mandate from Prayagraj Municipal Corporation, Uttar Pradesh.
- Project Details: To develop and operate a 550-bed multi-super-speciality hospital in Prayagraj, Uttar Pradesh.
- Project Investment: Approximately INR 200 crore, with INR 76.52 crore in concession from the State Government.
- Completion Timeline: Construction within 2 years from the appointed date, followed by a 45-year operating lease.
Business Update
Neutral
2026-08-18 10:53
- Concall Schedule
- Concall Date: August 22, 2026
- Concall Time: 11:00 a.m. onwards
Business Update
Positive
2026-08-08 15:58
- Q1 FY27 Consolidated Revenue ₹476Cr (▲19% YoY), EBITDA ₹126Cr (▲20% YoY) with margin 26.5%, PAT ₹89Cr (▲35% YoY) with margin 18.6%.
- FY27 Guidance: Revenue ₹2,080Cr (▲24% YoY), EBITDA ₹530Cr (▲25% YoY), PAT ₹360Cr (▲32% YoY).
- EBITDA margin expected to remain steady at 26-27% for FY27.
- Bed capacity expected to reach 4,740 by end of FY27 and 5,740 by end of FY28, funded by internal accruals and IPO proceeds with no fresh debt.
- Acquired The Medicity Hospital (330-bed, Rudrapur) for ₹177Cr and Mehar Hospital (150-bed, Zirakpur) for ₹107Cr, commissioned Palam Vihar 100-bed extension.
- ARPOB growth guidance of 10-12% annually; high-end super specialty revenue increased from 57% to 62% YoY.
- CAPEX for FY27/FY28 is ₹767Cr for 2,130 new beds, with CAPEX per bed at ₹36 lakhs.
- Payer mix expected to shift from 77:23 (Government:Private) to 70:30 over 12-18 months.
- Promoter equity to be reduced to 75% by December 2028.
Business Update
Neutral
2026-08-05 16:09
- Investor/Analyst Meetings Schedule:
- August 12, 2026: Emkay Confluence 2026 (Physical, Group/One-on-one, 10:00 a.m. at Grand Hyatt, Kalina, Mumbai)
- August 13, 2026: Equirus Annual India Conference 26 (Physical, Group/One-on-one, 10:00 a.m. at Sofitel BKC, Mumbai)
- August 25, 2026: Antique Healthcare Investor Conference (Physical, Group/One-on-one, 10:00 a.m. at Trident BKC, Mumbai)
- No unpublished price-sensitive information will be discussed.