### **Overview** **GPT Healthcare Limited**, operating under the **ILS Hospitals** brand, is a well-established corporate healthcare provider focused exclusively on Eastern India. Founded in July 2000 in Salt Lake, Kolkata, the company has grown into a trusted network of mid-sized, community-centric tertiary care hospitals. Listed on the BSE and NSE (symbol: GPTHEALTH), GPT Healthcare combines clinical excellence, operational efficiency, and technology-driven care to serve the rising demand for quality healthcare in underpenetrated urban markets. --- ### **Current Network & Capacity (as of Nov 2025)** The company operates **five multi-specialty hospitals** with a total of **719 beds** across West Bengal, Tripura, and Chhattisgarh: | Location | Beds | Key Features | |---------------|------|-------------| | **Salt Lake** (Kolkata) | 85 | Robotic surgery excellence, 700+ robotic procedures, ARPOB: ₹41,062, Occupancy: 62% | | **Dum Dum** (Kolkata) | 155 | Highest ARPOB (₹41,183–₹42,684), 69–78% occupancy, renal transplants, EBITDA breakeven in 10 months | | **Howrah** (Kolkata) | 116 | ARPOB: ₹34,900–₹35,600, robotic knee surgeries (34 performed), rapid EBITDA breakeven (8 months), 45–58% occupancy | | **Agartala** (Tripura) | 205 | Largest corporate hospital in Tripura, NABH/NABL accredited, radiation oncology launched, 70%+ target occupancy | | **Raipur** (Chhattisgarh) | 158 | Commissioned Apr 2025; ARPOB ~₹40,000, 7–10% occupancy (ramping up), EBITDA breakeven expected in 12–15 months | --- ### **Financial & Operational Highlights (H1 FY26)** - **Total Income**: ₹228.92 crore - **EBITDA Margin**: 18.79% (vs. 22.1% in FY25) - **Average Revenue Per Occupied Bed (ARPOB)**: ₹38,376 (up from ₹37,180 in FY25) - **Average Length of Stay (ALOS)**: 3.49 days (vs. 3.54 days in FY25) - **Bed Occupancy**: 44.7% (impacted by new Raipur launch) - **ROCE**: 11.7% | **ROE**: 7.4% - **Dividend Declared**: ₹1 per share - **Revenue Source**: 94–96% from cash and insurance (strong cash conversion) - **CFO-to-EBITDA**: ~80% (industry-leading) --- ### **Clinical Excellence & Service Expansion** - **Robotic Surgery**: Over **700 robotic surgeries** completed across Salt Lake and Howrah (focus on orthopedics, bariatrics, general surgery). Howrah has performed **34 robotic knee surgeries**. - **Renal Transplants**: Over **141 surgeries in FY25**, expanded to Raipur hospital. - **Oncology**: - Radiation oncology launched at **Agartala** (only cancer care hospital in Tripura). - **CBCC (U.S.) partnership** for LINAC-based services in Agartala (11% revenue share). - Chemotherapy, oncology surgeries, and upcoming **liver transplants** in Raipur. - **Advanced Diagnostics**: 3 Tesla MRI, Dual Source CT, Cardiac Cath Lab across multiple facilities. - **Cardiology**: Strengthening Dum Dum with top specialist recruitment; full-fledged unit planned. --- ### **Strategic Growth & Expansion Plans** - **1,000-Bed Vision**: Targeting **1,000 beds within 2–3 years** (from 719 in Nov 2025), primarily via greenfield hospitals in Tier I and Tier II cities. - **Upcoming Expansion**: - **Jamshedpur, Jharkhand**: 150-bed hospital under MoU; investment of ₹65–74 crore; expected operational by **Q3 FY27**. - **Ranchi (Jharkhand)**: Lease signed; development underway. - Future targets: **Varanasi, Cuttack, Assam, Odisha**. - **Hospital Model**: Right-sized (150–200 beds), asset-light (e.g., Raipur on lease), low per-bed capex (~₹3.6M per bed). --- ### **Technology & Digital Initiatives** - **Hospital Management Information System (HMIS)**: Digital records, real-time reporting, WhatsApp/email delivery, appointment booking. - **Mobile App (ILS-MyHealth)**: Scheduled Q4 FY24 launch; features include e-consultations, medical records access, and hospital info. - **Backend Custom App**: Streamlines internal operations and improves efficiency. --- ### **Accreditations & Reputation** - All five hospitals are **NABH and NABL accredited**. - Strong community presence as **trusted "neighbourhood hospitals"** in high-density urban micro-markets. - Positioned near major transport hubs (rail, airport) for enhanced accessibility. - Clinical research participation (e.g., BEMAKI trial on acute kidney injury at Dum Dum).