GLOBAL HEALTH LIMITED

Operates multi-specialty hospitals under the Medanta brand, providing inpatient and outpatient clinical care across facilities in India. As of March 31, 2026, the network runs 6 hospitals with 3,665 installed beds, with 5 additional hospitals in the pipeline. Revenue is generated from patient services — hospitalisation, surgeries, consultations and diagnostics — and is split between mature hospitals (such as the Gurugram flagship) and developing units (Lucknow, Patna, Noida). In Q1 FY26, mature hospitals delivered total income of ₹7,006 mn at 23.4% EBITDA margin, while developing hospitals (Lucknow, Patna) delivered ₹3,219 mn at 29.3% margin with 64% occupancy. International patient revenue from CIS, Africa and Southeast Asia rebounded 34% YoY in Q1 FY26. The group has a 2,000-bed expansion pipeline over 3-4 years, including a 550-bed Noida hospital (opened November 2025), a 110-bed Ranchi unit (July 2025) and a Guwahati hospital scaled up to 650 beds, with FY27 capex guided at ₹800-900 crore. Employee expenses (24.9% of revenue) and materials consumed (20.0% of revenue) are the largest cost lines.