Risk Intelligence
Elevated receivable days from government payers
View Risks →Park Medi World delivered its strongest year ever in FY26, with revenue of ₹1,679 Cr (+21% YoY), EBITDA of ₹444 Cr (+20% YoY), and PAT of ₹274 Cr (+27% YoY).
✓ Verified against BSE filing
Park Medi World delivered its strongest year ever in FY26, with revenue of ₹1,679 Cr (+21% YoY), EBITDA of ₹444 Cr (+20% YoY), and PAT of ₹274 Cr (+27% YoY). Q4 revenue grew 30% YoY to ₹460 Cr, with EBITDA margin expanding 268 bps to 28%. The stellar performance was driven by record patient volumes (IPD +18% YoY to 95,525, OPD +22% YoY to 7.78 lakh), occupancy improvement to 64.1% (+244 bps), and a deliberate shift toward high-end specialties (56.9% of revenue, +316 bps). The company added 610 beds during the year, taking total capacity to 3,610 beds, and plans to reach 5,460 beds by March 2028 with a capex of ~₹500 Cr over two years. Management guided for a CGHS rate hike benefit of 5-6% to revenue in FY27 and expects margins to remain range-bound. Key risk: receivable days at 129 remain elevated due to government payment cycles, though improving.
Elevated receivable days from government payers
View Risks →Full transcript text is available on this route.
Read Transcript →Largest single-year capacity addition; includes new units in Bathinda (250 beds) and Agra (350 beds).
Full-year occupancy improved driven by higher patient volumes and ramp-up of new units.
Record inpatient volume reflecting deepening trust and network expansion.
Shift towards cardiology, oncology, neurology, orthopedics, etc., driving ARPU and margins.
Company plans to add ~1,500 beds over next two years with a total capex of ~₹500 Cr, funded through internal accruals and existing cash.
92% of debtors are from central government schemes; receivable days improved to 129 but remain high.
View Risks →