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Draft:Yatharth Hospitals

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Yatharth Hospital & Trauma Care Services Limited
Company typePublic
BSE: 543950 NSE: YATHARTH
IndustryHealthcare
Founded2008
Number of locations
Seven
Area served
India
Key people
Dr. Ajay Tyagi (Chairman)

Dr. Kapil Tyagi (Managing Director)

Mr. Yatharth Tyagi (Director)
Websitehttps://www.yatharthhospitals.com/

Yatharth Hospital & Trauma Care Services Ltd is an Indian for-profit private hospital chain of North India[1][2]. As of 2024, Yatharth Hospital operates 7 hospitals with more than 2300 beds[3] in three states[4] of India.

History

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Yatharth Hospitals commenced its operations in 2008[5].

In 2010, it established its first 200 bedded hospital in Greater Noida, Uttar Pradesh.

In 2013, Yatharth Hospital established its second hospital, a 250 bedded hospital, in Noida[6].

In 2018, Yatharth Hospital expanded its first hospital, Greater Noida Hospital, to 400 beds.

In May 2019, the company commenced its third hospital in Noida Extension (Greater Noida West), pursuant to

the acquisition of subsidiary AKS in 2016.

In 2022, Yatharth Hospital aquired Ramraja Multispeciality Hospital & Trauma Centre Private Limited, in Orchha, District Niwari, Madhya Pradesh, fourth hospital of the company.

Yatharth Hospital & Trauma Care Services Ltd was listed on the stock exchanges in August 2023[7].

In February 2024, Yatharth Hospital aquired Faridabad based 175 bedded multispeciality Asian Fidelis Hospital for Rs 116 crore[8][9], and expanded it to 200 beds. It was officially launched in May 2024.

In October 2024, Yatharth Hospital announced acquisition of a super-speciality hospital in Delhi[10][11] – previously known as MD City Hospital – for a cost of approximately Rs 160 crore.

In October 2024, Yatharth Hospital & Trauma Care Services Ltd also announced that it has entered into a strategic collaboration agreement for the acquisition of a 60% stake in a 400 bedded-hospital in Faridabad, Haryana[12][13].

Network hospitals

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Yatharth Hospital & Trauma Care Services Ltd. operates a network of seven super specialty hospitals located in North India:

  • Yatharth Super Speciality Hospital, Greater Noida
  • Yatharth Super Speciality Hospital, Noida
  • Yatharth Super Speciality Hospital, Noida Extension
  • Yatharth Super Speciality Hospital, Secto 88, Faridabad
  • Yatharth Super Speciality Hospital, Jhansi - Orchha
  • MD City Hospital, Model Town, New Delhi
  • Yatharth Super Speciality Hospital, Sector 20, Faridabad

References

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  1. ^ "Yatharth Hospitals announce new acquisition, to expand footprint in Delhi". The Hindu Business Line. October 30, 2024.
  2. ^ "Presentation of Earnings Update" (PDF). Yatharth Hospital & Trauma Care Services Ltd. May 23, 2024.
  3. ^ "Earnings Presentation" (PDF). Yatharth Hospital & Trauma Care Services Ltd. November 7, 2024.
  4. ^ Law, Abhishek (2024-02-17). "Yatharth Hospitals to double bed count in three years, targeting more acquisitions". BusinessLine. Retrieved 2024-12-09.
  5. ^ "Annual Report 2023-24" (PDF). Yatharth Hospital & Trauma Care Services Ltd. Retrieved December 9, 2024.
  6. ^ "Yatharth Hospital & Trauma Care Services Ltd. company information, history, management and director details and CEO salary". Trendlyne.com. Retrieved 2024-12-09.
  7. ^ "Yatharth Hospital & Trauma Care Services Listing Information". The Economic Times. Retrieved 2024-12-09.
  8. ^ "Yatharth Hospital shares hit record high on robust Q3, acquisition of Fidelis Hospital". www.fortuneindia.com. 2024-02-12. Retrieved 2024-12-09.
  9. ^ "Yatharth Hospital acquires Faridabad-based Asian Fidelis for Rs 116 crore". Business Standard. Retrieved December 9, 2014.
  10. ^ "Yatharth Hospitals Acquires Super Specialty Hospital In Delhi". BW Health. Retrieved 2024-12-09.
  11. ^ "Yatharth Hospital Expands Presence in North India with Second Acquisition of 2024 - Elets eHealth". eHealth Magazine. 2024-11-05. Retrieved 2024-12-09.
  12. ^ Ghosh, Anupama (2024-10-31). "Yatharth Hospitals expands Delhi-NCR presence with two strategic acquisitions". BusinessLine. Retrieved 2024-12-09.
  13. ^ "Yatharth Hospital to acquire 60% stake in Faridabad-based facility". The Economic Times. 2024-10-30. ISSN 0013-0389. Retrieved 2024-12-09.
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