KK Shah Hospitals Limited

Operates a hospital in Ratlam, Madhya Pradesh, offering inpatient medical care along with diagnostic and ophthalmology services. A new diagnostic centre has been set up with a GE Revolution Evo 64-Slice Cardiac CT Scanner, and an OERTLI Catarex 3 Easy phacoemulsification machine has been installed for cataract surgery. The hospital is empanelled with the Government's Ayushman Bharat PMJAY scheme and with Indian Railways, including the Western Railway Hospital at Ratlam, for institutional healthcare delivery. FY26 total revenue was Rs 961.71 lakhs, marginally above Rs 955.40 lakhs in FY25, but the company swung to a wider net loss of Rs 62.27 lakhs (versus Rs 32.72 lakhs in the prior year). Other operating expenses made up 63.3% of revenue and employee costs 28.5%; finance costs surged to Rs 168.37 lakhs from Rs 101.27 lakhs. Capex was 69.9% of revenue, indicating a heavy investment phase, and reserves and surplus fell from Rs 660.74 lakhs to Rs 598.47 lakhs.