Artemis Medicare Services Ltd — earnings calls

Artemis Medicare reported consolidated Q1 FY27 revenue of INR 287.32 crores, up 12.7% year-on-year, with EBITDA of INR 61.82 crores at a 21.5% margin and PAT of INR 31.44 crores, up 48.3% year-on-year. Management said Gurugram occupancy was 65.7% with ARPOB rising to INR 85,690, and highlighted the commencement of the 300-bed Artemis Shanti Hospital in Raipur during the quarter. The company also discussed plans for a Tower IV expansion of 200-plus beds at Gurugram and an enabling resolution for a INR 700 crores QIP tied to future brownfield acquisitions.

Artemis Medicare reported consolidated FY26 revenue of Rs 1,081 crore, up 15.4% year-on-year, with EBITDA of Rs 218 crore at a 20.2% margin and PAT of Rs 104 crore, up 26.2%. Q4 FY26 revenue was Rs 279 crore, up 16.4%, with EBITDA margin of 21.3% and PAT of Rs 30 crore, up 32.1%, driven by higher patient volumes and an improved payer mix. Management discussed progress on the Raipur and South Delhi hospital expansions, international patient growth, and a board-approved fundraise of up to Rs 700 crore to fund future projects.