Max Healthcare Institute expects growth from Bhubaneswar unit turnaround and expansion
1 report, 1 independent
Updated Wed 00:00
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What happened
Prabhudas Lilladher reported that Max Healthcare Institute achieved 18% year-over-year EBITDA growth, reaching INR 8.2 billion. The institute is currently undergoing a business turnaround of its Kalinga unit in Bhubaneswar. The report noted that future growth is expected from the Kalinga unit turnaround, new bed additions, and CGHS price revisions.
From moneycontrol.com
Why it matters
The institute's operational efficiency was noted as commendable, particularly in competitive markets. The report projects a 19% compound annual growth rate for EBITDA between FY26 and FY29, driven by expansion and the turnaround efforts.
From moneycontrol.com
Who's involved
- BhubaneswarLocation of the Kalinga unit undergoing a business turnaround.
- MohaliLocation where new bed additions are expected to contribute to revenue growth.