Bidisha Basu’s Post

Temasek's investment has propelled Manipal Hospitals to become India's largest chain with 10,700 beds, surpassing Apollo Hospitals. The strategy involves expanding into Tier-2 cities, particularly in eastern India. Max Healthcare's recent acquisition in Lucknow at a high cost raises questions about premium pricing for Tier-1 city hospitals. Temasek's approach includes acquiring a majority stake in Medica and merging it with Manipal, achieving significant growth. Despite Manipal's current lead, the next three years will see intense competition as both Apollo and Manipal plan substantial bed expansions, primarily in Tier-2 cities. BUT on ARPOB basis ⬆ Apollo is way ahead at Rs.0.62Cr per bed 🔴Manipal is now at Rs.0.42Cr per bed Even though currently Manipal has become the biggest contender PAN-India basis but the next 3-years (till FY26) are just pure fire🔥 as far as Apollo and Manipal are concerned: 🎾 Apollo will invest Rs.3,435Cr by FY26 to add >2100 beds 🎾 Manipal’ll expand by adding >2000beds by FY26 (Manipal-1400 | Medica-600) In my opinion, the best part is that at least 70% of these 4000+ beds will be based out of Tier-2 cities. PS: Temasek'd purchased 17.74% in Medanta from Punj Lloyd Limited in 2015. PS: Can Temasek further consolidate Manipal & Medanta? #healthcare #heatlhtech #hospital #india #kolkata #manipal #westbengal #bihar #kolkata #odisha #jharkhand #lucknow #varanasi #hospitals #consolidation #investment #competition #brand #medical #acquisition #mergersandacquisitions #revenue #arpob #eastindia #northindia #expansion #pricing #premium #market #ebitda #businessstrategy #investmentstrategy #exitstrategy