Aster DM Healthcare to acquire 13 per cent stake in 254-bed Aster Aadhar Hospital

Dr Azad Moopen, Founder & Chairman of Aster DM Healthcare, said, “The complete acquisition aligns perfectly with our strategic goals to consolidate our presence in Western India. The expansion will also further build our customer base and deliver greater value to all stakeholders. The Aster Aadhar Hospital is a key step in accelerating our growth and innovation in healthcare in this region especially in the wake of significant competitive presence of healthcare establishments here.”

Aster DM Healthcare is well-positioned to meet the increasing demand for advanced healthcare in India. Over the next 5 years i.e. FY25-FY29, the India business is set to achieve CAGR ~18% - 20% YoY growth driven by an increased occupancy and addition of capacity. The Operating EBITDA margin is expected to reach a level of ~23%-25% over the next 4-5 years.

The subsidiary will operate and leverage the parent company's strengths, including its established market presence and financial stability, to consolidate growth and capture new opportunities. 

Also Read:Aster DM Healthcare expands footprints in South India, rebrands Ramesh Hospitals to Aster Ramesh Hospitals