Yatharth Hospital and Trauma Care Services Ltd, a prominent private super speciality hospital chain in North India, has reported a significant financial performance for the quarter ending March 31, 2026. The company achieved a 47% year-on-year (YoY) increase in revenue, reaching ₹3,416 million.
The company’s financial results highlight a robust growth trajectory, with operating revenue hitting a record high. The growth was largely driven by strong performance across its newer hospitals in Greater Faridabad, Faridabad Sector-20, New Delhi, and Agra, which collectively contributed ₹753 million in revenues, accounting for 22% of the group’s total revenues. Existing hospitals also maintained strong momentum, showing a 29% YoY growth.
Yatharth Hospitals’ average revenue per occupied bed (ARPOB) increased to ₹33,283, up 5% YoY, supported by a higher share of high-value specialities. Notably, the Noida Extension and Greater Noida facilities reported strong ARPOBs of ₹47,800 and ₹40,300, respectively. New hospitals in New Delhi and Faridabad Sector-20 also demonstrated encouraging ARPOBs, with figures around ₹40,000 and ₹38,000, respectively.
The company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at a record ₹799 million, marking a 37% YoY increase. The EBITDA margin, adjusted for ramp-up losses, was 30.4% during the quarter. The Agra hospital remained EBITDA positive with a margin exceeding 15%.
Profit after tax (PAT) for the quarter was ₹447 million, reflecting a 15% YoY growth. When adjusted for ramp-up losses, PAT grew by 23.3% YoY. The group maintained a strong balance sheet, with operating cash flows at ₹2,866 million and a cash conversion ratio of 98% for FY26. Debtor days were reduced to 112 days from 125 days in the previous year.
Yatharth Hospitals also announced plans to commence operations at its recently acquired Gurugram facility at the beginning of the next fiscal year, further strengthening its presence in the NCR region.
Commenting on the results, Mr. Yatharth Tyagi, Whole Time Director, expressed satisfaction with the company’s performance, highlighting the successful integration and scaling of new hospital assets, which have significantly contributed to the group’s revenues.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).