The shares of a healthcare company with primary presence in North India engaged in providing a spectrum of super specialty services in the field of cardiology, neurology, urology, nephrology, oncology, gastroenterology, etc are in focus today after its promoter Dr Ajay Tyagi increased his stake by 0.21% during Monday’s trade.
Share Price Movement
The shares of Yatharth Hospital & Trauma Care Services Ltd (NSE:YATH), with a market capitalization of Rs 3,910 Crores, as of 1:00 pm were trading at Rs 405 per share which was around 2.3% down from its previous close of Rs 415. The shares have generated a return of 34% since it got listed in August 2023.
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What Happened
As per the latest data the promoter of Yatharth Hospital Dr Ajay Tyagi purchased 2,00,288 equity shares of the company. As of December 2024, Ajay Tyagi held 2,92,75,500 shares, with 30.38% holdings of the company, followed by the purchase of 2,00,288 equity shares, Ajay Tyagi now holds 2,94,75,788 shares with 30.59% holding in the company.
Shareholding Pattern
As of December 2024, promoters hold a stake of 61.44% of the company, with Ajay Kumar Tyagi who used to hold 30.38% and now holds 30.59%, Kapil Kumar holds 12.62%, Manju Tyagi holding 11.96%, and Neena Tyagi holding 6.47% stake in the company.
FIIs hold 9.78%, DIIs hold 11.5%, and the public hold 17.27% stake.
Financials
The company reported an increase of 31% YoY in Revenues from Rs 167 Crores in Q3FY24 to Rs 219 Crores in Q3FY25. Net profits increased slightly from Rs 29.5 Crores to Rs 30.5 Crores over the same period. On the operating level, EBITDA grew by 18% YoY from Rs 46.4 Crores to Rs 54.9 Crores.
Recent Updates
Yatharth Hospital has acquired a 60% stake in a Faridabad-based hospital named MGS Infotech Research and Solutions Pvt Ltd at an enterprise value of Rs. 152 Crores. As per a press release dated January 18, 2025, the Company has made the full and final payment of Rs 91.20 Crores in cash consideration.
The company has successfully raised Rs 625 Crores through QIP in December 2024 with strong participation from marquee investors, both domestic & foreign institutional investors. The proceeds will be utilized towards acquisition funding, debt repayment, purchase of medical equipment, and general corporate purposes.
About Yatharth Hospital
Yatharth Hospitals is one of North India’s leading healthcare providers that operates five super specialty hospitals located in Noida, Greater Noida, Noida Extension and Faridabad in Delhi NCR, and Jhansi-Orchha in Madhya Pradesh. It provides a wide spectrum of super specialty services in the field of cardiology, cardiovascular and thoracic surgery, neurology, neurosurgery, urology, nephrology, oncology, gastroenterology etc.
Written By Adhvaitha Nayani
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