Dr. Agarwal's Health Care Management Guidance Tracker

Management targets launching 42 new facilities across India, with 23 in the south, 9 in the west, 5 in the north, and 5 in the east.

Management guided to add 55-60 new facilities every year, increasing network size by ~20% annually.

Plan to launch 16 new centers in Q4 FY26, including 11 surgical centers across south, west, and north regions.

Capex guidance for FY26 remains unchanged at ₹310 crore, supporting the expansion plan.

Management committed ₹310 crore capex for FY26; ₹275 crore already spent in 9M FY26.

Management expects ROIC to increase by about 1 to 1.5 percentage points in FY26 from ~16% in FY25.

Management aims to complete the merger of the listed subsidiary with the parent within the next 1 to 1.5 years, with more clarity in coming weeks.

The merger process with subsidiaries is expected to be completed by Q3 or Q4 of FY27, pending regulatory approvals.