Artemis Medicare Services Management Guidance Tracker

Management expects occupancy at Gurugram facility to improve from 62% to 68-70% by March 2026, driven by higher patient volumes.

The 300-bed Raipur facility is on track to begin operations in April-May 2026, with initial ARPB of INR 30,000-35,000.

The 650+ bed South Delhi hospital is expected to start operations in 2029, with construction beginning in Q1 FY27.

300-bed super-specialty hospital in Raipur will start in Q1 FY27; first phase of 150 beds operational, remaining 150 within 3-4 months.

Board approved raising INR 700 Cr to fund new projects and organic expansion, with details to be shared by June 2026.

Board approved fundraising up to INR 700 crore to fund new brownfield/greenfield projects beyond announced ones.

Management guided for losses of INR 18-20 crore in FY27 from Raipur, with break-even expected in 18 months.

Gurugram facility expected to deliver EBITDA margin north of 20% in coming years, driven by case mix, cost efficiencies, and corporate cost dilution.