&w=3840&q=100)
GIC, TPG-backed AHH targets 20 AINU hospitals by FY30, eyes GI entry
AINU currently operates over 500 beds in seven hospitals across Hyderabad, Visakhapatnam, Siliguri, and Chennai. It inaugurated a 200-bed flagship hospital in Hyderabad on Monday.
'Between FY26 and FY27, there will be another three to four hospitals, which will take our tally to 12-13 facilities,' Vishal Bali, executive chairman of AHH, told Business Standard. With this expansion, AINU's bed capacity will reach about 850.
He added that the next phase of growth will focus on tier-II cities such as Bhubaneswar, Patna, Coimbatore, and Pune.
Sandeep Guduru, chief executive officer of AINU, said Rs 150 crore in capital expenditure has been earmarked to open three to four new urology and nephrology facilities in the next 12 months. 'We are also expanding our robotic surgery capabilities in a couple of our other cities,' he added.
Bali said that between FY27 and FY30, AINU could add another seven to eight hospitals, taking the total to around 20.
AHH, which owns Motherhood Hospitals (maternity care), AINU, and Nova IVF (IVF), is a healthcare platform specialising in single-specialty hospitals.
The network now plans to enter one or two additional specialties. 'Gastroenterology (GI) is one such specialty that we would be keen to explore,' Bali said.
He explained that GI offers a strong outpatient department with endoscopy, as well as inpatient procedures largely driven by minimal access surgery.
On the possibility of an initial public offering, Bali declined to share a timeline, saying it was a matter of when the investors deemed it appropriate. 'However, with the Ebitda that we have on the platform today, the company could potentially go to an IPO even in the next 16 or 18 months,' he said.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
8 minutes ago
- Economic Times
Inox Green Energy shares jump 5% after signing agreement for 182 MW wind projects
Inox Green Energy shares surged nearly 5% to Rs 163 in Tuesday's intraday trade on the BSE after the company signed an agreement with one of India's largest conglomerates for the comprehensive operations and maintenance (O&M) of 182 MW of operational wind projects under its renewable energy arm. ADVERTISEMENT The projects, located across multiple sites in Western India, are connected to Inox Green's common infrastructure. The deal covers the conversion of limited-scope to comprehensive O&M for 82 MW of wind projects, along with the early renewal of comprehensive O&M for another 100 MW. The contract will span the entire remaining life of the project. "We are excited to announce the signing of the comprehensive O&M agreements for 182 MW with the renewable arm of one of the largest conglomerates in India. This is a milestone occasion for us as with the signing of the agreement, our entire fleet with this marquee customer is now back in our fold," said SK Mathu Sudhana, CEO of Inox Green. "This showcases the changing dynamics in the wind O&M industry and the reaffirmation of the trust which our customers are showing on our renewed capabilities,' he added.A meeting of the board of directors of Inox Green is scheduled on August 14, 2025, to consider, approve, and record the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. ADVERTISEMENT The stock's Relative Strength Index (RSI) stands at 43 (below 30 indicates oversold, above 70 overbought). The MACD is at 0.9, below both its signal and centre lines, signalling a bearish trend. Unlock 500+ Stock Recos on App Inox Green shares are currently trading above their 5-day, 10-day, 30-day, 50-day, 100-day, 150-day, and 200-day simple moving averages (SMAs). ADVERTISEMENT Year-to-date, the stock is down 7%, but it has gained 23% over the past six months. The company's market capitalisation stands at Rs 5,997 crore. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
India.com
8 minutes ago
- India.com
Highway Infra Makes Steller Debut Surges Over 67%
New Delhi: Shares of Highway Infrastructure Ltd. made an impressive debut on the stock markets on August 12, listing at a price much higher than its IPO rate. The company's IPO (Initial Public Offering) was open from August 5 to August 7 and received an overwhelming response — subscribed 300.61 times. The IPO size was Rs 130 crore, with a price band of Rs 65-70 per share. On the NSE, HIL shares listed at Rs 115, about 64 percent higher than the issue price. On the BSE, they opened at Rs 117, about 67 percent higher. The company's market value after listing was around Rs 839 crore. Earlier, HIL had raised Rs 23.4 crore from anchor investors like HDFC Bank and Abans Finance Pvt Ltd. Interestingly, the stock performed even better than what was expected in the grey market, which had predicted around a 34 percent listing gain. About the Company: Founded in 1995 and based in Indore, HIL has nearly 30 years of experience in toll collection and infrastructure projects. It works across many states, including Madhya Pradesh, Gujarat, Andhra Pradesh, Punjab, Maharashtra, Telangana, Chhattisgarh, Haryana, Uttar Pradesh, Rajasthan, Odisha, and Delhi. As of May 31, 2025, it had an order book worth Rs 666.3 crore, including Rs 59.5 crore from toll collection and Rs 606.8 crore from EPC projects.
The Hindu
8 minutes ago
- The Hindu
NALCO records 77% rise in net profit in first quarter for current fiscal
The National Aluminium Company Limited (NALCO), the Navratna Central Public Sector Enterprise, reported impressive performance in the first quarter ended June 30 for the 2025-26 fiscal, registering a 77% rise in net profit to ₹1,064 crore from ₹601 crore achieved in the corresponding period of the previous year. As per results taken on record at a meeting of the Board of Directors held here recently, the company reported revenue from operation of Rs.3807 crore during this quarter. The board has recommended a final dividend of ₹2.50 per equity share (50% on face value of ₹5 each) amounting to ₹459.16 crore for 2024-25, The total dividend payout for the 2024-25 will be ₹1,928.46 crores, NALCO said in a statement. The company's remarkable Q1 performance was attributed to a combination of cost-efficient operations, a favourable domestic business climate, significant increase in volumes in comparison to Q1 of previous fiscal as well as improvement in overall techno-economic parameters, said Brijendra Pratap Singh, NALCO Chairman and Managing Director. 'In comparison to the Q1 performance of the last financial year, bauxite transportation has increased by 6.56% while production of alumina hydrate, calcined alumina and aluminium cast metal has increased by 35.5%, 52.25% and 2.68% respectively,' the statement mentioned. The company also reported strong performance in the export of alumina, registering an increase of 209% and also registering a 190% increase in domestic sales of alumina. 'With this quantum jump in sales, the company has also recorded the highest-ever domestic sales of both alumina and aluminium in the first quarter,' it said. Mr. Singh observed that the aluminium sector was witnessing significant momentum, with demand rising at 9–10% and expected to grow further in the wake of the fast-growing economy of India. The NALCO CMD said sectors like transportation, construction, and electrical are poised for large-scale growth, and by 2030, aluminium consumption in India is projected to reach 7.5 to 8 million tonnes annually.
