“At Max Smart, we have currently operationalized 50% capacity of the 400-bed brownfield tower. The remaining 50% beds are expected to be handed over to operations during the course of the current quarter.”

“At Nanavati Max, remaining 50 beds will also be operationalized in this quarter and work on the Phase 2 expansion has commenced.”

“Going forward, our focus is on integrating operations, renovating infrastructure, upgrading technology, and enhancing clinical programs to turn around the hospital over the next 12 months.”

“To further strengthen our existing Network, the board has approved a capital expenditure of INR 425 crore for a new brownfield tower at Max Vaishali. This will add 202 beds to the hospital's existing capacity of 387 beds. The building plans have been approved and the construction activities have already commenced. The project is expected to be commissioned before FY30.”

“100 beds at Max Lucknow: Additional 100 beds in the existing 468-bed facility will be commissioned over the next two quarters.”

“500 beds at Sector 56 Gurgaon: We expect to start phased commissioning of this facility by end of this year.”

“250 beds at Bhubaneswar: Renovation of existing facility should be completed within 12 months.”

“100 beds at Nagpur: Project work continues to be on track and we expect commissioning by FY28.”

“400 beds at Zirakpur, Mohali: Project is on schedule and we expect to commission it in FY28.”

“260 beds at Dwarka: which is the next phase because Dwarka hospital is already running full, will be commissioned by FY30.”

“200 beds at Pitampura: Project is on track and we expect commissioning in FY29.”

“400 beds at Patparganj: D-wall work has started; we expect commissioning by end of FY29.”

“271 beds at Nanavati (Phase 2): Project work has started and will be commissioned in FY30.”

“450 beds at Pune: We have received IOD, project is expected to be commissioned by FY30.”

“Yes, because the occupancy is 50% and ARPOB is INR 35,000, we think there is a significant headroom for growth in both of these. You should be able to effectively have a 50% to 80% enhancement in both of these. And in order to do that, we have a current running hospital, so we have a head start. It makes a marginal amount of profit but we have to renovate it, get the technology and get the clinical programs. We intend to do all of this over the next year or so.”

“No, by the second or third quarter of operations.”

“Now, we have done some back-of-the-envelope calculations and our take is that for a 150-seat medical college, you need around INR 300 crore of spend.”

“We are seeing a more than 25% to 30% ROCE at present and we intend to do this at scale.”

“We intend to fund it entirely through internal accruals.”

“For both projects after the approval, which is another six months from now, after that they will take about 30 to 36 months for delivery.”