Aster DM Healthcare Raises ₹1,900 Crore to Expand Hospital Network in India

Aster DM Raises 1,900 Crore INR to Expand its Healthcare Presence

Image Credits: Times of India

Aster DM Healthcare, a leading Indian hospital network, raised Rs 1900 crore for expanding its hospital network across the country. The company has invested the money to establish its total bed capacity to 13,600 by the end of the 2026-27 financial year.

Quality Care India and Aster DM Healthcare have merged to improve patient care through their synergies in their networks. The entities merged have released their organic plans to add 3,300 beds, out of which 2,100 beds will be included by Aster DM Healthcare and the remaining by Quality Care India. The capex outlay is around 1,878 crore, out of which around 320 crore was spent in the 2025 fiscal year.

Azad Moopen, the founder of Aster DM Healthcare, announced that Bengaluru will get around 939 new beds in new hospitals to be constructed on Sarjapur Road. Kerala is also set to receive 818 beds in the coming three years, which are anchored by two leading greenfield projects- Aster Kasargod and Trivandrum. He further mentioned that Hyderabad will get a 300-bed women and children’s hospital.

The company managed to pull a net profit of 85.54 crore in the fourth quarter, which concluded in March 2025. The profit came despite several sales declining and efficacy concerns. The company has managed to pull over Rs 5,407.89 crore as a profit for the fiscal year 2025.

Azad Moopen said, "For FY25, Aster recorded a YoY growth of 12 per cent, with revenues reaching Rs 4,138 crore. This performance was supported by a steady increase in patient volumes, higher ARPOB, and improved average length of stay (ALOS). Our continued focus on operational efficiency and cost optimisation has contributed to an improvement in EBITDA margin by 270 bps, taking the EBITDA margin to 19.5 per cent for the year."