Artemis Medicare Services

Artemis Medicare delivered a strong Q4 FY26 with consolidated revenue of INR 279 croreCurrent reported value: INR 279 crore. No comparable prior figure is available in the source record. (+16.4Current reported value: 16.4. No comparable prior figure is available in the source record.% YoY) and PAT of INR 30 croreCurrent reported value: INR 30 crore. No comparable prior figure is available in the source record. (+32.1Current reported value: 32.1. No comparable prior figure is available in the source record.% YoY), driven by higher patient volumes in high-margin specialties and improved case mix. EBITDA margin expanded to 21.3%Current reported value: 21.3%. No comparable prior figure is available in the source record. as operational efficiencies and cost management offset input pressures. The Gurugram flagship saw occupancy of 64.6%Current 64.6%. Reported change: +4.6pp YoY. and ARPOB of INR 84,571 (+7.3% YoY). International patient revenue grew 26.9%Current 26.9%. Reported change: +26.9% YoY. for the full year, with recovery from a March dip. The Raipur 300-bed hospital is on track for Q1 FY27 commissioning, with guided losses of INR 18-20 crore in the first year. The company targets 2,000 beds by 2029, supported by a INR 700 crore fundraising plan. Key risk: potential margin dilution from Raipur ramp-up and regulatory uncertainties around medical device pricing caps.