Enquiry desk

We are the fifth largest healthcare provider in terms of bed capacity in North India, Bihar and Jharkhand among our Peers, with an aggregate of 2,135 beds, as of March 31, 2024. (Source: CRISIL Report) We have eight hospitals that we operate under the “Paras Health” brand, which are spread across five states and one union territory in North India – Gurugram and Panchkula in Haryana; Patna and Darbhanga in Bihar; Kanpur, Uttar Pradesh; Udaipur, Rajasthan; Ranchi, Jharkhand; and Srinagar in the union territory of Jammu and Kashmir. Our core focus is on providing specialized tertiary medical care in Tier 2 and 3 cities, while seeking to strike a balance between providing quality healthcare services and affordability. We offer several clinical specialties across our hospitals including cardiac sciences, oncology, neuro sciences, gastro sciences and orthopedics and joint replacement.

We established our first hospital in Gurugram, Haryana in 2006 with 200 beds and a vision to provide affordable, accessible and quality healthcare services in North India and serve our patients with compassion. Since then, we have consistently identified attractive opportunities in the healthcare industry, set up our hospitals and focused on ramping up our operations. Over the years, we have successfully identified underserved markets with large catchment areas and high demand for healthcare services, a lack of good hospitals in the region as well as proximity to medical colleges to source quality medical professionals. As a result of our knowledge of the North India market and focus on identifying and entering markets early, we have had a first mover advantage in regions where our hospitals have been setup - our hospital in Gurugram was the first corporate hospital entrant among our Peers in 2006 in the city and our hospital in Srinagar is the largest private hospital in the city in terms of bed capacity with 200 beds. (Source: CRISIL Report).

We have increased our bed capacity from 1,250 beds as of March 31, 2022 to 2,135 beds as of March 31, 2024 and we currently have a committed pipeline of hospital expansion in Gurugram and Ludhiana, which has been approved by our Board of Directors. In Gurugram, we are setting up another hospital through a long-term lease arrangement and we intend to launch this hospital in Fiscal 2027 with 300 beds. In Ludhiana, we are also setting up a hospital through a long-term lease arrangement and intend to launch it in Fiscal 2028 with up to 500 beds. We expect that these expansion plans would increase our bed capacity from 2,135 as of March 31, 2024 to 2,935 by March 31, 2029.