GPT Healthcare Ltd Q4 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Published 24 May 2026 | Healthcare Services | Market Cap: ₹1.3K Cr

Overall revenue growth expected at around 15% year-on-year for FY27 and FY28. - Mature hospitals (Salt Lake, Dum Dum, Agartala, Howrah) targeting occupancy improvements: - Salt Lake aiming for 70%-73% occupancy. - Dum Dum targeting around 72%-73% occupancy. - Agartala expected to reach 58%-60% occupancy, with Bangladesh patient contribution rising back to ~10%. - Howrah projected to achieve late 50% to 60% occupancy. - Raipur hospital targeting 30% occupancy by end of FY27 and expecting to breakeven by Q3 FY27. - Jamshedpur hospital expected to add approx. FY27 revenue expected to grow by approximately 15% year-on-year.

From GPT Healthcare Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Price

151

Market Cap

₹1.3K Cr

P/E Ratio

27.1

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GPT Healthcare Ltd — Quarterly revenue & net profit

Revenue Net Profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹126 Cr, net profit ₹15 Cr.

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📊 Revenue & Sales Performance

  • Overall revenue growth expected at around 15% year-on-year for FY27 and FY28.
  • Mature hospitals (Salt Lake, Dum Dum, Agartala, Howrah) targeting occupancy improvements:
  • - Salt Lake aiming for 70%-73% occupancy.
  • - Dum Dum targeting around 72%-73% occupancy.
  • - Agartala expected to reach 58%-60% occupancy, with Bangladesh patient contribution rising back to ~10%.
  • - Howrah projected to achieve late 50% to 60% occupancy.
  • Raipur hospital targeting 30% occupancy by end of FY27 and expecting to breakeven by Q3 FY27.
  • Jamshedpur hospital expected to add approx. 150 beds, with occupancy ramp-up similar to Raipur (~10%-14% in the first year).
  • ARPOB (Average Revenue Per Occupied Bed) expected to grow by about 7%-8% due to tariff increases and product optimization.
  • Anticipated 100 basis points increase in EBITDA margin, aiming around 20.2% EBITDA margin overall.

📈 Profitability & Margins

  • FY27 revenue expected to grow by approximately 15% year-on-year.
  • EBITDA margin anticipated to increase by around 100 basis points, targeting ~20.2%.
  • Raipur hospital expected to break even on a monthly basis by Q3 FY27.
  • ARPOB (Average Revenue Per Occupied Bed) forecasted to grow by 7-8% due to tariff increases and specialty optimization.
  • Occupancies expected to improve: Salt Lake around 70-73%, Dumdum ~72%, Agartala targeting 60%, Howrah late 50s to 60% by Q1 FY28, Raipur reaching 30% by Q4 FY27.
  • Jamshedpur hospital ramp-up expected to mirror Raipur with occupancy of ~10-14% in the first year.
  • Overall positive outlook on operating leverage improvement and sustainable profitability growth amid expanding geographic footprint and optimized specialty mix.

🏗️ Capital Expenditure Plans

  • Jamshedpur Hospital: Major capex to be deployed in FY27, approximately 90% of the total capex incurred in this financial year; remaining 10% mainly creditors-related.
  • Capex per bed for Jamshedpur: Around INR 70 lakhs per bed, similar to Raipur hospital.
  • Bed Addition: Targeting to add around 150 beds through Jamshedpur hospital commission by Q4 FY27.
  • M&A Strategy: Constantly evaluating suitable M&A opportunities in Eastern India, especially for hospitals around 150 to 200 beds. Focus on good real estate assets; no limitation on bed strength, but preference for mid-sized hospitals.
  • Overall Strategy: Evaluating both greenfield and acquisition opportunities post-Jamshedpur to expand portfolio.
  • Raipur: Commissioned in FY26, breakeven expected by Q3 FY27 with ramp-up in occupancy and insurance empanelments expected to improve.

💰 Fundraising & Capital Structure

  • No explicit mention of any new fundraising through debt or equity in the Q4 FY26 earnings call transcript.
  • The management discussed capital expenditure plans, particularly on Jamshedpur hospital, with ~90% capex expected in FY27 and minimal carryover for next year.
  • They emphasized disciplined capital allocation and are focused on improving operational performance and sustainable growth.
  • Management is actively evaluating M&A opportunities, especially for hospitals around 150-200 beds, but no details on raising funds for these.
  • No reference to plans for equity issuance or new debt for expansion or refinancing was provided in the discussed sections.
  • Overall, the company appears to be funding growth primarily through internal accruals and existing financial resources.

📋 Order Book & Pipeline

The provided transcript and document do not explicitly mention current or expected order book or pending orders for GPT Healthcare Limited. The discussion primarily focuses on: - Hospital occupancy rates and specialty mix at various locations. - Revenue and EBITDA guidance for FY27 and FY28. - Expansion plans including bed additions, notably 150 beds targeted through the Jamshedpur hospital. - Expectations on occupancy ramp-up and ARPOB growth. - Evaluation of M&A opportunities targeting hospitals around 150-200 beds. - Strategic focus on underserved markets in Eastern and Central India. No direct reference to an order book or pending order values is provided in the transcript.

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Frequently Asked Questions

What were GPT Healthcare Ltd Q4 FY26 results?

Overall revenue growth expected at around 15% year-on-year for FY27 and FY28. - Mature hospitals (Salt Lake, Dum Dum, Agartala, Howrah) targeting occupancy improvements: - Salt Lake aiming for 70%-73% occupancy. - Dum Dum targeting around 72%-73% occupancy. - Agartala expected to reach 58%-60% occupancy, with Bangladesh patient contribution rising back to ~10%. - Howrah projected to achieve late 50% to 60% occupancy. - Raipur hospital targeting 30% occupancy by end of FY27 and expecting to breakeven by Q3 FY27. - Jamshedpur hospital expected to add approx. FY27 revenue expected to grow by approximately 15% year-on-year.

What is GPT Healthcare Ltd share price analysis?

GPT Healthcare Ltd currently shows a neutral. The stock trades at a P/E of 27.1 with a market cap of ₹1,281 Cr. Investors should review the full earnings analysis for detailed insights.

Is GPT Healthcare Ltd planning capital expenditure?

Jamshedpur Hospital: Major capex to be deployed in FY27, approximately 90% of the total capex incurred in this financial year; remaining 10% mainly creditors-related.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.